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Из жизни альткоинов

Here’s What The Shiba Inu Large Transaction Volume Says About The SHIB Price

bitcoinist.com - пт, 05/02/2025 - 07:46

Shiba Inu’s price action in the past seven days has been marked by a decline from $0.00001514, struggling to keep up an upward momentum. After briefly touching $0.00001514 on April 26 following Bitcoin’s rally, SHIB has since pulled back and is currently hovering near $0.0000132. This decline reflects a broader hesitation among Shiba Inu traders in the past week, even as Bitcoin, the market leader, looks poised to break above $95,000. 

As the Shiba Inu price continues to move with a lacklustre movement, recent on-chain data reveals a notable trend in whale activity that could be influencing this movement.

Large Transaction Volume Slumps To Lowest In Seven Days

According to on-chain analytics platform IntoTheBlock, Shiba Inu’s large transaction volume has dropped to its lowest point in the past week. This data is revealed through IntoTheBlock’s Large Transactions Volume metric, which tracks the number and volume of large transactions within a 24-hour period. 

According to this data metric, the volume of large Shiba Inu transactions comes up to just 1.79 trillion SHIB tokens in the last 24 hours, with just 34 transactions. In terms of valuation, this volume comes up to $23.66 million. 

Importantly, the low large SHIB transactions in the past 24 hours are not an isolated event. The broader trend over the past week shows consistently subdued whale activity. The most active day in the last seven-day period was on April 25, when 109 large transactions pushed the volume up to 2.93 trillion SHIB tokens, worth about $41.41 million. Even then, the volume was below $50 million. Since then, activity has steadily declined, with no single day crossing the $50 million mark. 

Low SHIB Whale Activity: Price Exhaustion Or Calm Before A Move

Large transactions, typically involving transfers worth over $100,000, are helpful in understanding institutional or whale activity surrounding a cryptocurrency. As such, the current Shiba Inu large transaction numbers suggest that major holders are currently showing reduced appetite for movement, either in accumulation or distribution. 

To fully grasp the current slowdown, it’s helpful to compare it with past periods of heightened activity. On January 7, Shiba Inu’s large transaction volume spiked to 34.42 trillion SHIB tokens, translating to approximately $751.22 million in total value. The contrast between that surge and today’s subdued activity, which sits at just 1.79 trillion SHIB ($23.66 million), illustrates the vast difference in market sentiment and engagement.

Furthermore, the current numbers reflect an indecision among large Shiba Inu holders, many of whom could be holding off on significant moves until there’s a clearer price direction. Speaking of clearer price direction, an interesting technical outlook suggests that the Shiba Inu price might be gearing up for a 1,479% increase. Particularly, the analyst predicted that the Shiba Inu price could reach as high as $0.000220, which would place it at new all-time highs.

At the time of writing, Shiba Inu is trading at $0.00001332.

This Dogecoin Rival Is Set For An Over 100% Pump – It’s Not Shiba Inu

bitcoinist.com - пт, 05/02/2025 - 07:45

Crypto analyst The Alchemist has predicted that the Dogecoin rival Baby Doge is set for a price surge of over 100%. The analyst highlighted a bullish pattern for the meme coin, which could spark this price surge while other meme coins like Shiba Inu remain in the red. 

Dogecoin Rival Baby Doge Set For Over 100% Pump

In a TradingView post, The Alchemist predicted that Baby Doge could enjoy a price rally of over 100% as it rallies from around $0.0000000013207 to around $0.0000000040220. He noted that the Dogecoin rival is again trading at a historically significant range low, a level that has previously acted as support for strong bullish expansions

He further remarked that the current setup mirrors past consolidations that last lasted over 270 days, each leading to a rapid move toward the range high for the Dogecoin rival. The analyst added that the confluence of extended consolidation time, strong support building, and low-volume accumulation suggests another potential build-up phase. 

The Alchemist explained that this gives credence to a bullish bias if the range low continues to hold firm for Baby Doge in the coming weeks. He warned that the flip side remains clear, as a clean breakdown of the $0.0000000013207 level will invalidate the structure and likely trigger a deeper retrace. The analyst added that given the Dogecoin rival’s status as a high-risk, low-cap coin, position management and risk-to-reward remain key. 

He concluded by reemphasizing the fact that Baby Doge is sitting at a pivotal zone and that if accumulation sustains here, history could repeat itself without another breakout rally. His accompanying chart showed that the target for the Dogecoin rival on this projected move is $0.0000000040220. However, there was also the possibility that it could rally further to $0.0000000067526.

Fundamentals Support A Price Surge

Baby Doge’s fundamentals also support a price surge for the Dogecoin rival. The team recently provided a weekly update on several developments in the meme coin’s ecosystem, including the upcoming launch of the Baby Doge decentralized exchange (DEX). The team stated that usability tests are live and feedback has started rolling in. 

The meme coin’s focus landing design is also said to be under review while partnership talks are ongoing with major aggregators and trading tool companies. The Baby Doge team also provided development updates, stating that the Liquidity Pools v4 page, swap improvements, charts, and settings modules are all in the final stage. 

There are also plans to improve the Puppy Fun meme coin launchpad. The Baby Doge team has revealed that they plan to integrate AI-agentic features on the platform. The Binance wallet deep integration support will also be released this week. These developments are bullish for the Dogecoin rival and could contribute to the projected 100% price surge. 

At the time of writing, the Baby Doge price is trading at around $0.0000000081287, down in the last 24 hours, according to data from CoinMarketCap.

Crypto Confidence Returns: Galaxy Digital To List On Nasdaq

bitcoinist.com - пт, 05/02/2025 - 07:00

Cryptocurrency investment firm Galaxy Digital intends to shift the listing of its shares from Canada to the US early next month. The company, established by Mike Novogratz, who is a known Bitcoin advocate, will migrate to the Nasdaq from the Toronto Stock Exchange on May 16, subject to approval by the shareholders at a meeting to come.

Shareholders To Vote On US Market Move

As per reports, Galaxy Digital has called a special meeting of its shareholders for May 9 to secure final approval for the change in listing. The firm will not be exiting the Toronto market in which it listed in July 2020 right away. Rather, it will continue to trade on both exchanges during a transition phase. When the relocation occurs, the firm aims to go by the ticker symbol GLXY on Nasdaq.

Galaxy is preparing to list on Nasdaq—and we couldn’t be more excited. AMA!

This moment represents a major milestone not just for us, but for the entire digital asset industry. For years, crypto companies in the U.S. have faced a challenging regulatory environment. That’s…

— Galaxy (@galaxyhq) April 28, 2025

Novogratz outlined the potential listing as a key move for the company on April 30. He explained that the Nasdaq listing would position the company to advance its vision of building a “gateway for investors” to safely and efficiently access every corner of the digital asset and artificial intelligence ecosystems.

The intended relocation is happening at a tough time for Galaxy Digital’s stock performance. According to Google Finance data, shares in the company have fallen 12% on the Toronto Stock Exchange since January 2025. The decline reflects wider market difficulties experienced over recent months.

The Nasdaq 100 index itself has declined 7.30% year-to-date, based on TradingView data. But April did provide a bit of stability for markets, with the index finishing the month up over 1%. Some investors believe recent negative sentiment regarding the economy could be excessive.

Other Crypto Stocks Show Recent Gains

As Galaxy Digital gears up for its listing, various crypto-focused companies already listed on Nasdaq have witnessed their shares increase in April. This follows months of doubt partly triggered by economic worries surrounding tariffs introduced by US President Donald Trump.

Cryptocurrency exchange Coinbase (COIN) enjoyed a 17% increase in stock. Michael Saylor’s company, Strategy (MSTR), was even better off, posting a nearly 32% rise. Bitcoin mining firm CleanSpark (CLSK) was also up with a 21% gain, Google Finance figures show.

The increases indicate that although there are hiccups in the overall market, there is still keen investor interest in cryptocurrency stocks.

Featured image from Gemini Imagen, chart from TradingView

Elon Musk Likely To Integrate Crypto Into X ‘Super App’, Says Scaramucci

bitcoinist.com - пт, 05/02/2025 - 06:00

Anthony Scaramucci, the founder of SkyBridge Capital and a long-time crypto advocate, believes Elon Musk is poised to weave digital assets into the fabric of X’s planned “super app,” even if the precise mechanism remains under wraps.

In a recent interview with Saxo Group, Scaramucci disclosed that although he has “not spoken to Elon directly,” he maintains an investor’s line of sight into SpaceX, xAI and X after taking stakes in all three ventures. “I do speak to people in management in those two companies as a private investor,” he said, adding that he owns no Tesla shares.

Crypto Likely Part Of Musk’s Vision

Based on those conversations, the former White House communications director predicts that Musk will soon pivot from headline-grabbing political skirmishes back to the operational overhaul of X. “I predict that Musk returns to his businesses… and I do think that you will see X-XL—whatever you want to call that conglomeration—he’s going to build a super app there and I think he’s going to be using crypto,” Scaramucci remarked.

The SkyBridge chief outlined several possible rails for this integration. “Will it be his own coin the way Telegram is doing it? Will it be stable-coin? It will be something. I don’t know what it will be but it will be something.” His comments arrived despite Musk’s earlier insistence that “none of his companies will ever launch a native crypto token,” underscoring the open question of whether X will opt for existing assets such as Bitcoin, Dogecoin or stablecoins, or instead pursue a bespoke digital instrument.

Scaramucci’s forecasts are anchored in Musk’s well-publicised ambition to turn X into what he once called “the biggest financial institution in the world.” In 2023 the Tesla and SpaceX chief invoked China’s WeChat as a model for integrating messaging, payments and business services. The first concrete step toward that vision emerged earlier this year when X announced a partnership with Visa for an X Money Account, a digital wallet designed to shuttle funds between bank accounts and the app’s peer-to-peer rails.

Beyond the Musk-X thesis, Scaramucci used the Saxo Group interview to reiterate his broader market convictions. He credited the Trump administration for their pro-crypto policies. “There is going to be crypto-friendly, pro-crypto regulation. I see that as very positive,” he stated.

He also repeated his stance that bitcoin’s twin role as an inflation hedge and risk asset would remain intact should a recession materialise: “We’re finally seeing this non-correlation where it’s trading a little bit like gold, which is outperforming, but it’s trading a little bit like gold in the last three weeks. And I think this is a direct result of the Wall Street sales machine. I think you have an enormous amount of inflows taking place in the BlackRock ETF and other ETFs.”

At press time, Dogecoin traded at $0.177.

“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing

bitcoinist.com - пт, 05/02/2025 - 05:00

Dogecoin (DOGE), once dismissed as an internet joke due to its meme coin origins, is now making a strong comeback, as 21Shares, a leading asset management firm, goes ultra-bullish on it. Following news of its ETF filing, 21Shares released a report positioning Dogecoin as a serious portfolio inclusion, emphasizing that it has evolved beyond its meme coin reputation. The firm has also shared several compelling forecasts for the meme coin, leaning toward a potentially bullish future trajectory. 

21Shares Bullish Scenario For Dogecoin

Following the release of its Dogecoin ETF filing to the US SEC, 21Shares published a report outlining three potential scenarios for the meme coin’s future price performance, ultimately leaning toward a more bullish position. The report also highlighted the advantages of adding Dogecoin to investment portfolios, revealing that a modest 1% allocation to DOGE, within a 60/40 investment structure already enhanced with a 3% Bitcoin allocation, could significantly improve overall returns. 

For its bullish case scenario, the firm noted that the DOGE price has significantly outperformed many altcoins over the past year. Due to its penchant for explosive rallies and historical trends that support a potential price surge, the asset management firm envisions Dogecoin achieving explosive growth similar to its last major pump. 

Before the last bull run, Dogecoin hit a price bottom at $0.007. Fast-forward two years, the meme coin has reached another bottom around $0.0585 this cycle, representing an astonishing Compound Annual Growth Rate (CAGR) of 189%. If the meme coin were to mirror the same pace over the next two years, its price could climb to $1.42, marking a historic milestone and a new all-time high

In this bullish scenario, Dogecoin’s price surge is expected to be driven by renewed meme coin mania, surge in real-world adoption, regulatory clarity, and major integration possibilities — such as Tesla and SpaceX CEO Elon Musk incorporating DOGE payments on X (formerly Twitter). Should retail interest and demand fully return, the meme coin is expected to not only reclaim its previous all-time highs but double them.

DOGE’s Bearish And Neutral Case

Moving on, 21Shares also outlined a bear case scenario for Dogecoin. While the meme coin’s fundamentals have strengthened, there are still risks of a muted price performance or even further downsides

The asset management noted that Dogecoin’s recent rally, fueled by post-US election enthusiasm, may have prematurely front-run its true market cycle. Expanding on this view, 21Shares projects that if Dogecoin grows at a modest 10% CAGR from its 2021 peak of $0.73, its price will reach $0.38 by 2025, doubling its current value but failing to hit a new all-time high. 

In a more neutral scenario, 21Shares assumes the total crypto market cap may peak at $5 trillion during this cycle. Under these conditions, if DOGE captures a 3% market share, down from its 4% previously, the meme coin’s market cap could surge to $150 billion. This would place its price at approximately $1, representing a 5.5X gain from current levels of around $0.175. 

Bitcoin Ratio Nears Key Threshold: 3 Scenarios That Could Define The Next Move

bitcoinist.com - пт, 05/02/2025 - 04:00

Bitcoin has finally broken above the $96,000 mark, signaling a potential shift in market structure after weeks of consolidation and selling pressure. This breakout gives bulls the upper hand as momentum builds across the board, with renewed optimism that BTC could reclaim the $100K milestone in the near term. The market’s tone has shifted, and the breakout above $96K could mark the beginning of a new bullish phase.

Top crypto analyst Axel Adler shared a key on-chain metric suggesting that Bitcoin is entering the early stages of a new rally. According to Adler, the on-chain momentum ratio now sits around 0.8 (or 80%). Historically, this zone has preceded strong upward trends in previous cycles.

While global macroeconomic conditions and geopolitical tensions continue to cast uncertainty over financial markets, Bitcoin’s on-chain strength hints at a growing appetite for risk among investors. If bulls can sustain this breakout and push toward $100K, it would confirm a broader market shift and potentially lead to a strong Q2 rally across the crypto sector.

Bitcoin Eyes Bullish Continuation As Momentum Builds

Bitcoin is regaining strength after months of selling pressure, with bulls now attempting to reclaim control. Since the breakout above the $90K level, momentum has gradually shifted, and Axel Adler suggests the market is entering what he calls the “start” rally zone. This is based on the on-chain Ratio indicator, which currently sits around 0.8—or 80%—a historically significant level that often precedes major market moves.

If this ratio breaks above 1.0 and holds, it would likely confirm a strong bullish impulse. In this optimistic scenario, key metrics like NUPL (Net Unrealized Profit/Loss) and MVRV (Market Value to Realized Value) would signal an expansion phase, potentially pushing Bitcoin to revisit its cycle pattern seen in 2017 and 2021. A rally toward $150K to $175K would not be out of the question in such a case.

However, if the ratio remains between 0.8 and 1.0, the market may enter a consolidation phase. In this base-case scenario, Bitcoin would likely trade between $90K and $110K, with participants holding positions but not adding significant exposure. This range-bound behavior would suggest caution remains, despite a positive longer-term outlook.

A more cautious outlook emerges if the ratio drops toward 0.75 or lower. This would likely trigger profit-taking from short-term holders, putting pressure on the market and possibly driving Bitcoin down to the $70K–$85K range. Given that a correction has already taken place, Adler believes the first two scenarios are currently more probable. Still, macroeconomic risks—such as recession fears or geopolitical shocks—could tip the scale.

Overall, Bitcoin appears to be warming up for a decisive move, and the next few weeks may confirm whether this is the beginning of a breakout or a continuation of broader consolidation.

Bitcoin Price Analysis: Bulls Challenge Key Resistance at $96K

Bitcoin is trading at $96,130, continuing its short-term uptrend after a sharp rally from the $81K level in mid-April. The daily chart shows strong momentum, with BTC now consolidating just below the $96K resistance zone—a level that previously acted as support in February and March before the breakdown. A successful breakout above this zone would open the door for a test of the psychological $100K level, followed by the next major resistance at $103,600.

Notably, both the 200-day SMA ($89,843) and 200-day EMA ($85,926) have been cleanly reclaimed during this recent move, signaling a clear shift in trend structure. Volume has remained steady during the rally, though a noticeable increase in buying pressure would help confirm continuation.

The current structure resembles a bullish continuation pattern, but BTC must break and close above the $96K mark with conviction to confirm upside momentum. Failure to do so may result in a pullback to retest support zones around $92K and $89K.

Overall, the trend remains bullish in the short term, but caution is warranted as the $96K–$100K range represents a critical supply zone where many sellers may step in. A decisive move in the coming days could shape Bitcoin’s direction for May.

Featured image from Dall-E, chart from TradingView

Dogecoin Pullback Phase May Be Completed, Is The Next Surge For DOGE Starting?

bitcoinist.com - пт, 05/02/2025 - 03:00

Bullish sentiment has slightly dropped in the general crypto market, affecting major digital assets like Dogecoin, which fell to the $0.168 level as Wednesday drew to a close. DOGE may be struggling to sustain its recent upward trend, but indicators suggest that an upside movement is more likely than a downside movement.

An End In Dogecoin’s Pullback Phase

Given the current price action, Dogecoin appears to have weathered its correction. Seasoned technical analyst and investor Trader Tardigrade has predicted a potential continuation of the renewed bullish performance, triggered by a broader positive market performance.

In the analysis shared on X, Trader Tardigrade highlighted that the dog-themed meme coin may be done with its pullback for this cycle. This implies that Dogecoin has established a solid base above important support levels, suggesting that its strength may be restored underneath the surface despite signs that the ongoing uptrend is losing steam.

A view of the chart shows that the meme coin has persistently found support at previous swing highs. Furthermore, it recently bounced back from a key support zone to reach a high from a prior upswing, indicating its resilience within current market conditions.

Considering this movement on the 3-day chart, Trader Tardigrade is confident that the meme coin may have finished its pullback. As a result, he foresees another sharp rally in the near term, which will push DOGE to a new all-time high in 2025.

Dogecoin continues to demonstrate potential for a rally as Trader Tardigrade noted that the asset has entered a recovery phase, signaling a shift in price dynamics. Such a move would end its correction or consolidation phase, setting the stage for an upsurge.

Looking at the chart, the last time DOGE entered a recovery phase, it resulted in a notable upward move in the shape of a Rising Wedge formation. However, after a period of uptrends, DOGE transitioned into a consolidation phase, forming a Parallel Channel pattern.

A similar pattern is currently unfolding on the 4-hour chart, hinting at an impending rally. Should past trends repeat, the meme coin is expected to rally in the upcoming days, reclaiming the $0.225 level.

A DOGE Textbook Accumulation Cylinder Pattern

As DOGE builds momentum, Crypto Bullet, a technical analyst, has shared an analysis that entails DOGE’s potential future in the ongoing cycle. Following his examination of the 3-day chart, the analyst revealed that Dogecoin had formed a Textbook Accumulation Cylinder pattern.

Based on the shape of the textbook accumulation cylinder pattern, the meme coin could be poised for a massive pump in the next few months. The pattern hints at a surge to a market top for DOGE above $3.2. After that, a decline to $1.2 will occur before rebounding to $2 again. Finally, DOGE’s price is likely to enter a bearish market phase, pulling prices back to $0.17 by the end of 2026.

Although Crypto Bullet is unsure of what would trigger this move, he believes that “something interesting is coming.” However, an ideal formula for a pump could emerge with the addition of BTC’s dominance topping out.

The Bitcoin That Got Away: Docuseries Explores $800 Million Trash Tragedy

bitcoinist.com - пт, 05/02/2025 - 01:00

A Londoner’s years-long quest for an $800 million Bitcoin-containing hard drive hidden somewhere in a Welsh landfill has now been licensed into a cross-platform documentary series.

Entertainment company LEBUL announced this week that it has secured exclusive rights to tell the story of James Howells, the British engineer known for losing access to 8,000 Bitcoin back in 2013.

Man’s Lost Hard Drive Holds Crypto Fortunes Worth A King’s Ransom

Howells, one of those who mined Bitcoin in its early years, lost access to 8,000 Bitcoin in 2013 when his hard drive was mistakenly discarded. At current prices, that cryptocurrency hoard is worth over $800 million.

The hard drive ended up in a municipal landfill in Newport, Wales, where it still sits in spite of Howells’ numerous efforts to reclaim it.

“This isn’t content,” declared Reese Van Allen, Unscripted Entertainment President at LEBUL. “It’s a live-action tech thriller with almost a billion dollars at stake.”

The documentary initiative, “The Buried Bitcoin: The Real-Life Treasure Hunt of James Howells,” will feature a high-end series, podcast, and social media push. LEBUL intends to combine aspects of environmental strife, cryptocurrency history, and individual resolve in their narrative.

Legal Fights Ongoing With Local Council

Howells has taken Newport City Council to court several times over the last decade. He’s asked for permission to excavate the landfill and even proposed dividing any money recovered with both the city and residents. At one time, he asked local officials for £495 million in compensation.

He has time and again lost in court over his protests on grounds of concern for damage to the environment as well as land laws. He lost recently in 2025 in Cardiff High Court, according to reports.

It is more of a pressing need as the council will shut the dump in the year 2025-2026 and build part of it as a solar farm.

Engineer Refuses To Give Up Search

In spite of persistent setbacks, Howells is determined to recover his lost fortune. As reported, he’s mulling an appeal to the Supreme Court. He has also intimated that he may attempt to purchase the whole landfill property to get access to the location.

“Howells’ tale, at times likened to a contemporary treasure hunt, will now find its way to more people as LEBUL turns a piece of discarded e-waste into entertainment,” said one report on the new series.

Entertainment Project Generates Huge Interest

The documentary series has already piqued the interest of worldwide streaming channels eager to distribute the content. Some cryptocurrency firms have also shown interest in sponsoring the project, said LEBUL.

LEBUL executives are confident that the blend of real-life drama, significant financial stakes, and real-time developments will make the series attractive to both cryptocurrency fans and general audiences who are not familiar with Bitcoin’s early days.

The firm has yet to announce a release date for any component of the project.

Featured image from Gemini Imagen, chart from TradingView

Ethereum May Go ‘Irrelevant’ In 10 Years, ETH Researcher Warns

bitcoinist.com - пт, 05/02/2025 - 00:00

Ethereum Foundation researcher Dankrad Feist has cautioned that ETH’s base layer could slip into irrelevance within a decade unless the community embraces a far more aggressive roadmap for on-chain scaling and protocol overhaul. Writing in a post on the Ethereum Magicians forum, Feist introduces a draft EIP that would pre-commit the network to a multi-year schedule of sharp gas-limit increases and complementary architectural changes.

“I do think it is time for being unconventional, because the current way of doing things is likely to make Ethereum irrelevant over the next 5-10 years,” Feist argues at the outset of his proposal.

Feist’s primary concern is strategic. He insists that the main chain must remain “the economic center of Ethereum,” warning that splintering liquidity across an expanding constellation of Layer 2 networks threatens the platform’s competitive position. “If L1 is unimportant and loses its attraction of liquidity and DeFi, there will also be less of a reason for L2s to even remain attached to Ethereum,” he writes, adding that rival ecosystems are “eager to get its market share” precisely by offering high-throughput, single-layer user experiences.

What Needs To Change For Ethereum?

On the technical front, the researcher points to rapid progress in zero-knowledge validity proofs: “Proving Ethereum L1 blocks became first possible, and is now cheap,” he notes, citing a current per-block proof cost of only a few cents via publicly available dashboards. According to Feist, the ecosystem is on track to achieve single-slot proof latency later this year, while data-availability sampling (DAS) through the PeerDAS initiative “will also become reality.” Together, these breakthroughs open the door to “100x to 1000x the current scale while keeping the most important properties: verifiability and censorship resistance.”

Feist highlights that Ethereum’s node architecture still mirrors Bitcoin’s 2009 design, asserting that it must evolve into differentiated roles—some lighter than today’s full nodes, others “beefy” builders or provers operating under a one-out-of-n honesty assumption. “The key to maintaining security and keeping Ethereum unstoppable [is] that all node types can still be run from home in some places,” he writes, referencing research calls led by Ethereum Foundation colleague Barnabé Monnot.

Historically, Ethereum governance has preferred incrementalism, but Feist contends that timidity now courts obsolescence. “Working backwards from a goal tends to have better outcomes than making incremental changes as they become possible,” he says, calling for hard-coded targets rather than open-ended deliberation. Under his outline, the forthcoming Glamsterdam upgrade would prioritise delayed execution, shorter slot times, and “aggressive history expiry.” Subsequent forks over the next two years would add parallel transaction execution, erasure-coded blocks, an enshrined zkEVM, execution payloads inside blobs, and the FOCIL mechanism to shore up censorship resistance.

Feist stresses that performance engineering must accompany consensus-layer work: “Having a concrete goal in mind will let us prioritise this work as well as the concrete upgrades as needed.” Databases and mempools optimised for a five-fold throughput increase, he reasons, could look “very different” from those designed for a hundredfold jump.

Anticipating criticism that a high-throughput roadmap would turn Ethereum into a “datacenter chain,” Feist dismisses the label as superficial. “The core value proposition of Ethereum is not the home staker, it is verifiability and censorship resistance,” he contends. While acknowledging that most users already rely on custodial RPC endpoints rather than self-run nodes, he argues that zero-knowledge proof verification will make trust-minimised usage easier, not harder. Moreover, mechanisms such as FOCIL or Minimum Censorship Proposers (MCP) could deliver “better censorship resistance than we have today.”

Feist closes by underscoring Ethereum’s “huge moat in DeFi liquidity” and insists that colocated applications still derive network effects from Layer 1 proximity. “At 100x the current scale, Ethereum L1 can support a very large range of value-transaction[s] such that competing with it simply on scaling terms is not an interesting game to play anymore,” he writes. The “endgame,” in his vision, is a base layer capable of processing orders of magnitude more activity without sacrificing the protocol’s defining guarantees.

“We need to commit to it as soon as possible, both because builders and applications need predictability, and because we need to prioritise properly so that it can actually get executed.”

At press time, ETH traded at $1,812.

Bitcoin Cooling Market Pressure: Veteran Holders On Binance Ease Off Selling Pressure

bitcoinist.com - чт, 05/01/2025 - 22:00

On Wednesday, Bitcoin’s price pulled back to the $93,000 level as bullish market performance waned before recovering above $94,000 a few hours later. Instead of sparking bearish sentiment among investors, the pullback seems to have done the opposite, as BTC holders in major crypto exchanges are exhibiting optimistic behavior toward the flagship digital asset.

Long-Term Bitcoin Holders Sell Activity Hit The Brakes

Bitcoin may have displayed weakening momentum, but sentiment among investors appears to have shifted toward a positive outlook. BTC holders on the largest crypto exchange, Binance, are beginning to hold on to their coins in anticipation of a continued rally.

On-chain market expert and founder of Alphractal, Joao Wedson, reported that Binance Bitcoin holders have eased off the selling pressure, providing a possible reprieve from recent market pressure. “After months of dumping BTC on Binance, the network veterans seem to be taking a break,” Wedson stated. 

This positive behavior is particularly spotted among long-term BTC holders on the leading crypto exchange. BTC long-term holders‘ reduction in selling pressure is often considered a bullish development and is thought to be the foundation of price stability.  Even as BTC’s price hovers near key resistance levels, this reduced sell activity from these investors on Binance suggests rising confidence in the asset’s upside prospects.

Data from the Bitcoin Exchange Inflow Spent Output Age Bands metric on Binance shows that old BTC is no longer being sent to crypto exchanges, unlike in the past. It is worth noting that old BTC are classified as coins purchased by investors over 6 months, 1 year, and 3 years ago.

Presently, the expert highlighted that there are no clear signs of distribution or selling pressure from experienced hands. According to the expert, these major BTC investors have already distributed and sold their coins in 2024.

Spot Buying Volume On The Rise

Investors’ rising conviction toward BTC is also reflected by a rise in spot buying volume above selling volume on Binance. After over 6 months, this is the first time that spot buying volume has surpassed spot selling volume on the crypto exchange, marking a notable shift in sentiment.

Wedson highlighted the development of the Cumulative Volume Delta (CVD) metric, which measures the difference between buy and sell volumes over time. Data reveals that the Cumulative Volume Delta metric has persistently risen since the $75,000 low, suggesting that cumulative purchasing pressure has been outweighing selling pressure.

Furthermore, attention has long been focused on Spot’s CVD on Binance because it has maintained a consistent downward trend since 2021 and hardly ever sustains positive growth. Thus, Wedson has stressed the importance of monitoring this crucial metric daily to gauge risk appetite and buying interest on the Binance exchange.

‘Excited’ About Bitcoin: CIA Official Admits Its Staying Power

bitcoinist.com - чт, 05/01/2025 - 21:00

In a conversation with podcast host Anthony Pompliano, Michael Ellis—recently sworn in as Deputy Director of the US Central Intelligence Agency (CIA)—offered an unusually forthright assessment of Bitcoin’s role inside the national-security apparatus.

Why The CIA Is Excited About Bitcoin

Ellis began by acknowledging the myth that Bitcoin is fully anonymous. “People may have thought Bitcoin was anonymous,” he told Pompliano, “but I’d say it’s pseudonymous, right? It’s not truly anonymous.” That distinction, he continued, has flipped early criminal enthusiasm into an unexpected boon for investigators. “We are … excited as well because … there’s a lot of work that we do with law enforcement to try to track illicit crypto payments by bad actors.”

The Deputy Director refused to single out Bitcoin as uniquely dangerous. “Bad actors, whether they’re drug cartels or terrorist groups or outlaw regimes, use cryptocurrency, but they used other tools as well,” he said, listing “dollars,” “cars,” and even “toner cartridges for their printers” as mundane equivalents. “Doesn’t mean we say we should ban all of those.”

Ellis then delivered the line that will echo through policy circles: “Bitcoin is here to stay. Cryptocurrency is here to stay.” Institutional adoption, he argued, is now an irreversible “trend … one that this administration has obviously been leaning forward into.” For the intelligence community, the stakes are geopolitical. “It’s another area of technological competition where we need to make sure the United States is well positioned against China and other adversaries … we need to make sure that we are a leader in these fields internationally and not a laggard.”

Pompliano pressed him on the dual-use nature of open-source payment rails. Ellis embraced that framing. “We use technology as a tool, and Bitcoin and other cryptocurrencies are another tool in the toolbox. It’s also a target,” he explained, noting that the blockchain ledger can simultaneously “disrupt our adversaries’ use” of funds and “collect more intelligence to gather more information about them.”

Behind the operational talk lies a culture war playing out inside Langley. “There’s a little bit of a generational shift and a cultural shift going on that Director Burns and I are leading the way on,” Ellis conceded. “Not everyone in government … has these attitudes around new technologies. People are sort of trapped in an older mindset sometimes and we have to break through that and realize this idea that cryptocurrency is for people who have something to hide— that’s just not right.”

Pompliano laughed that Ellis sounded like “the in-house Bitcoiner.” If the Deputy Director’s remarks prove anything, it is that the CIA no longer regards Bitcoin merely as a curiosity on the dark web. Instead, the agency views it as a permanent fixture of global finance—simultaneously a surveillance vector, an intelligence resource, and, perhaps, a competitive arena in which national power will be measured.

At press time, BTC traded at $95,132.

Wondering When To Buy Dogecoin? Analyst Says Wait For This Level

bitcoinist.com - чт, 05/01/2025 - 20:00

Dogecoin, like the rest of the crypto market, has been struggling recently despite the market recovery. This has been due to the stall in the rally as investors wait for the next move from Bitcoin. During this time, bearish sentiment has begun to take hold once again. However, this makes it a time for investors to consider entries into cryptocurrencies like Dogecoin, and one crypto analyst has revealed the best level to get into DOGE.

Wait For Support At $0.17

Crypto analyst Lingrid on the TradingView website has returned with expectations for the Dogecoin price and where the meme coin could be headed next. As a result, this has seen the exposure of the next levels that would make a great entry point for the meme coin. Now, as the downward correction takes hold, the crypto analyst believes that investors should wait for the next major support level before buying.

The next support level in question is at $0.17, which the analyst believes will be filled. Currently, the Dogecoin price is falling from a fake breakout and is now struggling with sideways movement. This shows that the altcoin is headed for the next support area.

At this point, which is $0.17 and $0.171, it aligns with the upward trend line before the last rally that pushed Dogecoin above $0.18 recently. This makes $0.17 an ideal buy level as bulls would be looking to hold this support. As the crypto analyst explains, a successful hold of this support would see a resumption of a bullish rebound, which could push the meme coin back up as high as $0.1850.

Basically, the time to buy would be a bounce from the trend line of $0.17. “As long as price stays above the trend-line, bullish structure remains valid,” the analyst explained. However, things could still go awry from here.

What Happens If Bears Break Down The Support?

While the bullish scenario holds strong in this case, there is still the possibility that bears could push the Dogecoin price further down below $0.17. In that case, the crypto analyst explains that a deeper correction could be on the horizon. It is likely that a break of this support would see bulls scramble to hold $0.165.

Other factors that could cause a problem include “Sudden spikes in Bitcoin or market-wide sentiment shifts,” which the analyst believes can shake the setup, and “Lower timeframe volatility near trend-line” that could trap early entries.

Given this, it is imperative that bulls hold $0.17 when the time comes, which is around an 8% drop from the current price at the time of this writing.

Visa Unveils Stablecoin Payment Options In Six Latin American Nations

bitcoinist.com - чт, 05/01/2025 - 18:30

Visa has announced a new product that will allow consumers in six Latin American countries, including Mexico and Argentina, to use stablecoins for everyday purchases. 

Visa’s new service aims to capitalize on this growing trend, making it easier for consumers and merchants to transact using these digital assets.

Seamless Transactions With Stablecoins In Local Currencies

Rubail Birwadker, Visa’s senior vice president, illustrated the service’s functionality with the example of a freelance worker in Colombia who receives payments in US dollars. This worker could accept wages in stablecoins and then use a Visa-branded card—either physical or digital—to make purchases at local stores or online. 

The appeal of this system lies in its seamless integration; merchants receive payment in their local currency immediately, making the process as straightforward as any other Visa transaction.

Birwadker emphasized that many individuals in Latin America are already adopting stablecoins as a safeguard against economic volatility. He believes that Visa’s new offering will further normalize their usage in everyday transactions. 

“If you can figure out how to tie stablecoin spend with Visa’s off-ramp, that unlocks the case use,” he stated, highlighting the potential for stablecoins to enhance financial transactions.

However, this is not Visa’s first venture into the cryptocurrency space. The company, alongside rival Mastercard, has previously provided its payment infrastructure to various cryptocurrency platforms, enabling users to spend Bitcoin (BTC) and other digital currencies. 

Visa’s New Service To Use USDC

The current launch stands out because it focuses specifically on stablecoins, which are designed to maintain a consistent value. The service will also leverage Bridge’s technology, allowing for a flexible and open-ended approach to payment processing.

Bridge, founded by former Coinbase employees Zach Abrams and Sean Yu, aims to simplify the process of integrating stablecoins into financial applications. Acquired by Stripe for $1.1 billion, Bridge serves as a neutral provider of APIs and technology, facilitating the deployment of stablecoin solutions. 

By partnering with Bridge, Visa can extend its new payment service to a range of third parties, enabling them to develop their own consumer and merchant applications.

The initial stablecoin expected to be used in this service is USDC, which is backed by Circle and Coinbase. However, Visa and Bridge plan to support additional stablecoins and various blockchain technologies in the future. 

Abrams noted that this service will be particularly beneficial for businesses in regions with limited fintech infrastructure, allowing them to create financial products similar to popular apps like Chime or Cash App without needing extensive local financial networks.

Both firms anticipate launching this stablecoin payment service in the six selected Latin American countries within the next few weeks, marking a significant step in making cryptocurrency a viable option for everyday transactions in emerging markets. 

Featured image from DALL-E, chart from TradingView.com 

Best Presales to Buy as Institutional Flows Return to Bitcoin, Says BlackRock

bitcoinist.com - чт, 05/01/2025 - 16:14

As BlackRock’s Robert Mitchnick put it during a Token2049 panel in Dubai with VanEck and CME Group, ‘Flows are back in a big way.’ And he’s not just being optimistic – there’s data to back it up.

Bitcoin ETFs, which had cooled off earlier this year, are now seeing renewed inflows as institutional investors pile back in.

Major players are returning to the crypto table, bringing capital and renewed confidence in the market.

Mitchnick’s comments reflect a broader industry shift: the financial elite once again embrace Bitcoin and crypto assets. This institutional momentum is helping revive market sentiment and sparking a new wave of enthusiasm across the industry.

With the landscape heating up, especially for Bitcoin and related assets, early-stage projects are riding this bullish wave. If you’re hunting for the best crypto to buy right now, these four best presales deserve a closer look.

1. BTC Bull Token ($BTCBULL) – Turning Meme Power into Bitcoin Rewards

BTC Bull Token ($BTCBULL) is a meme coin with real teeth – and actual Bitcoin behind the bark. It’s a community-powered project built around one bold idea: that Bitcoin is headed for $1M.

With over $5.2M already raised in its presale and growing momentum, $BTCBULL aims to be the meme coin that delivers value, not just laughs.

Instead of just cheering from the sidelines, $BTCBULL lets investors ride the rally and earn actual Bitcoin along the way.

Here’s how it works: every time Bitcoin hits a major milestone – like $125K, $150K, $175K and beyond – one of two things happens. Holders are rewarded with real $BTC airdrops, and the $BTCBULL token supply gets burned.

This creates scarcity and pumps value. That’s not just hype. That’s tokenomics with real muscle.

But there’s a catch: to get those juicy airdrops, you need to buy $BTCBULL through Best Wallet and keep it there. No Best Wallet, no Bitcoin rewards.

Fortunately, frictionless integration with Best Wallet means you don’t need to mess with clunky Bitcoin wallets or BRC-20 headaches – just buy, HODL, and forget about it until the presale ends.

Currently priced at just $0.00249, BTC Bull Token is still at a ground-floor level – especially considering some forecasts predict it could reach as high as $0.06467 by the end of 2025 (a 25x increase).

And with institutional inflows surging back into Bitcoin ETFs, meme coins tied to Bitcoin’s performance are catching serious tailwinds.

2. Best Wallet Token ($BEST) – The Wallet Token Built for the Next Generation of Crypto Users

Best Wallet Token ($BEST) isn’t just another utility coin – it’s the native token powering one of the most ambitious attempts to overhaul the way we interact with Web3.

While legacy apps like MetaMask still feel stuck in the early days of DeFi, Best Wallet is stepping up as the next-gen solution for crypto holders who want more: more security, more simplicity, and more features.

Boasting nearly $12M raised in presale and a current price of $0.024925, $BEST is gaining serious traction.

With demand rising and early access perks still on the table, now is the perfect time to buy $BEST before the next price jump leaves latecomers behind. Early birds get the worm and all that.

Why? Because the underlying wallet isn’t vaporware – it’s already live and loaded with tools like ‘Upcoming Tokens,’ which lets users access vetted presales directly in-app, cutting out scammy third-party sites and mirror links.

And with renewed institutional interest in crypto led by players like BlackRock, as highlighted in this recent update, $BEST is launching at just the right moment to catch the next big wave of highly profitable coins.

But it doesn’t stop there. $BEST holders enjoy perks like reduced transaction fees, early access to new crypto launches, and even iGaming rewards like free spins and exclusive bonuses.

With its clean UI, real utility, and a growing community, Best Wallet is shaping up to be much more than just another app – and $BEST is the key to unlocking everything it offers.

3. Qubetics ($TICS) – Bridging Blockchain Networks for Institutional Adoption

Qubetics ($TICS) is one of the most promising new projects aiming to fix one of crypto’s biggest problems: blockchains don’t talk to each other.

Bitcoin, Ethereum, Solana – they all operate in their own silos. Qubetics is building a new kind of Layer 1 network designed to connect them all into one seamless Web3 ecosystem.

Think of it as the translator of the blockchain world. By connecting blockchains, Qubetics makes it easier for apps (and dApps), users, and businesses to move assets and data across chains without friction.

It also comes with a built-in DeFi wallet and decentralized VPN, giving users more control, privacy, and protection – features that appeal especially to institutions looking for security and compliance.

At a current price of $0.20931054 and with $16.5M already raised in presale, $TICS is picking up steam fast.

And with institutional capital flowing back into crypto, this infrastructure-focused project is in the right place at the right time.

4. Arctic Pablo ($APC) – A Meme Coin with Real Utility and Deflationary Mechanics

Arctic Pablo ($APC) is a meme coin that blends viral energy with smart tokenomics to deliver real value in a crowded space.

Currently priced at $0.00011, the project has already raised over $2.3M in its presale, a strong signal that investors are paying attention.

The presale itself is creatively designed like a journey, with each stage representing a different ‘location.’ As users progress through stages, the token price increases, rewarding early movers.

But what really sets $APC apart is its deflationary model. Each week, all unsold tokens from the active stage are burned, shrinking the supply and increasing scarcity (something that BTC Bull Token also does).

Beyond that, $APC offers a staking program with an eye-popping 66% APY – giving holders a steady stream of passive income while they ride the meme wave.

This combination of community, creativity, and utility makes Arctic Pablo one of the best altcoins positioned to thrive in a market where institutional capital is flowing back into crypto, as BlackRock’s Robert Mitchnick recently pointed out.

From Institutions to Memes, the Next Wave of Crypto is Here

The return of institutional capital to crypto isn’t just reviving Bitcoin – it’s fueling a wave of high-potential projects bound to take the market by storm.

From infrastructure-driven $TICS and utility-focused $BEST, to Bitcoin-pegged $BTCBULL and meme-fueled $APC, this cycle is lighting up every corner of the market.

For investors looking for the best crypto to buy during this transitional phase, these new crypto projects represent more than hype – they’re early entry points into the next generation of crypto narratives.

Just remember: always do your own research (DYOR), weigh the risks, and never invest more than you can afford to lose.

Bitcoin Nears Golden Cross As MVRV Ratio Builds Momentum – Is A Breakout Coming?

bitcoinist.com - чт, 05/01/2025 - 16:00

According to a CryptoQuant Quicktake post by contributor Yonsei_dent, Bitcoin’s (BTC) recent rally has reignited momentum in the Market Value to Realized Value (MVRV) ratio – a historically bullish indicator that has often preceded major price surges.

Bitcoin Rally Gives Momentum To MVRV Ratio

After forming a potential local bottom at $74,508 on April 6, BTC has surged over 15%, now trading in the mid-$90,000 range. Following this bullish price action, several analysts suggest that BTC could be gearing up for a new all-time high (ATH) soon.

In their analysis, Yonsei_dent notes that as BTC hovers near $94,000, the MVRV ratio (orange line) has rebounded sharply to 2.12 – approaching the critical 365-day moving average (MA) of 2.15. This level indicates that BTC investors are currently sitting on an average unrealized gain of 112%, a historically strong positioning level during bullish cycles.

The analyst further explains that if the 30-day MA (red line) decisively crosses above the 365-day MA (blue line), it could signal a “golden cross” – a well-known bullish formation. 

As shown in the green box on the chart, this same setup preceded major rallies in earlier cycles. For instance, the last golden cross in November 2024 was followed by a substantial BTC rally, during which it broke multiple all-time highs (ATHs).

However, Yonsei_dent cautions against excessive optimism. The analyst emphasizes the importance of continuing to monitor the MVRV trend to “confirm the strength and sustainability of the move.”

BTC Heading To New ATH As ETF Interest Returns

In a separate X post, crypto analyst Ali Martinez pointed out that Bitcoin exchange-traded funds (ETFs) are once again attracting significant inflows. According to his data, BTC ETFs have seen nearly 6,900 BTC in inflows so far this week.

Martinez highlighted $97,530 as the next key resistance level BTC must surpass before attempting a new ATH. For context, Bitcoin’s current all-time high stands at $108,786, achieved on January 20, 2025.

Meanwhile, crypto analyst Titan of Crypto noted that BTC has bounced off the orange line of the Golden Ratio Multiplier in the chart below. The next target, marked by the blue line, could propel the leading digital currency to $125,000.

Other analysts forecast even more ambitious targets, with one such prediction stating that BTC can reach $450,000 by Q4 2025, if it follows gold’s recent price momentum. At press time, BTC trades at $93,922, down 1% in the past 24 hours.

US SEC Ends PayPal’s PYUSD Stablecoin Probe With No Enforcement Action

bitcoinist.com - чт, 05/01/2025 - 15:30

The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry.

SEC Drops PayPal’s Stablecoin Investigation

PayPal has revealed that the US SEC dropped its probe into its PYUSD stablecoin without enforcement. After nearly a year and a half of regulatory scrutiny, the company disclosed in its Tuesday 10-Q filing that the Commission had ended its investigation two months ago.

In November 2023, the payments giant received a subpoena from the SEC’s Division of Enforcement requesting “the production of documents” relating to the PayPal USD stablecoin. This request usually entails documents, internal communication, testimony, and other evidence pertinent to the investigation.

In a previous quarterly report, PayPal shared the news, noting that the company was “cooperating with the SEC in connection with this request.” Nonetheless, the regulatory agency informed the payments company that “it was closing its inquiry without enforcement action” in February 2025, PayPal revealed on April 29.

Notably, the Commission began dropping or closing its crypto-related cases that same month, citing that the recently created Crypto Task Force could impact and facilitate the potential resolution of the cases.

Led by Commissioner Hester Peirce, the Task Force was launched in late January to help develop a regulatory framework for crypto assets. Since then, the SEC has announced a 60-day pause on its case against crypto exchanges Binance and Gemini.

The regulatory agency then followed with its dismissal of lawsuits against Coinbase, Kraken, and Consensys, and the conclusion of its probes into Robinhood, Uniswap Labs, Crypto.com, among others, without enforcement action.

Stablecoin Regulation Gains Momentum

The US regulatory shift follows President Donald Trump’s promise to make America the “crypto capital of the planet.” As a result, the SEC and the Department of Justice (DOJ) have disbanded their crypto enforcement-focused units and changed their “regulation by enforcement” approach.

Additionally, US lawmakers have introduced crypto-related legislation at the state and federal levels, including the Strategic Bitcoin Reserve (SBR) bills and stablecoin regulations. Previously, Bank of America CEO Brian Moynihan asserted that the US banking industry was ready to embrace crypto, affirming that his bank would issue a stablecoin if the legal framework were established.

An April 29 report by Politico alleges that Senate Majority Leader John Thune told Republican lawmakers behind closed doors that the chamber would vote on a stablecoin bill before the Memorial Day holiday on May 26.

In February, US Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The proposed legislation aims to develop a framework to allow tokens like USDT and USDC to fall under the Federal Reserve Rules.

The bill would establish a “safe and pro-growth regulatory framework that will unleash innovation and advance the President’s mission to make America the world capital of crypto.”

Visa to Introduce First Stablecoin Cards Soon. This Crypto Wallet Token Could Explode

bitcoinist.com - чт, 05/01/2025 - 15:12

Payments giant Visa is transforming finance by partnering with Stripe’s Bridge to pilot stablecoin-linked cards in Latin America.

The push towards real-world crypto utility aligns with the vision for Best Wallet Token’s ($BEST) ecosystem, particularly its planned Best Card feature designed for seamless crypto transactions.

As the market embraces easier ways to use digital assets, integrated solutions like the one promised by $BEST will likely attract significant user interest.

Visa Accelerates Mainstream Stablecoin Use

The initial rollout covers six key Latin American countries (Argentina, Colombia, Ecuador, Mexico, Peru, and Chile), where cardholders can use stablecoins for daily purchases at any merchant that accepts Visa.

Remember that this only applies to cards issued through fintech partners using Bridge’s API.

And the best thing is that Bridge’s platform manages the instant conversion to local fiat behind the scenes, ensuring a seamless experience for merchants.

As executives like Jack Forestell and Zach Abrams highlighted, Visa plans to extend this service to Europe, Asia, and Africa, showing a firm commitment to securely integrate stablecoins for mainstream use regardless of market cycles.

This strategic push reflects the increasing demand for practical stablecoin applications and sets the stage for broader adoption, which we already see as part of $BEST’s roadmap.

$BEST Holders Ahead of the Curve

Projects like Best Wallet Token are building lasting value beyond the hype sometimes associated with the best meme coins.

Case in point, the native token of the Best Wallet ecosystem, $BEST, already has plans to put its holders ahead of the curve through the upcoming Best Card.

Envisioned as a crypto debit card, this feature will let $BEST holders seamlessly use their digital assets for everyday purchases, potentially offering a highly competitive cashback rate of up to 8%. As long as you’re a $BEST holder, you’ll have access to this feature upon its release.

By partnering with payment processors, the Best Card is positioned to offer the kind of real-world spending convenience that the market keeps asking for, making crypto assets as usable as traditional currency for day-to-day transactions.

We think $BEST will do well; you can find out exactly how much in our price prediction (a potential 22x by the end of 2026), and with utility promises like these, it’s not surprising to see why.

$BEST Takes You Beyond Simple Crypto Storage

With ambitious goals to capture 40% of the crypto market by the end of 2026, the new crypto $BEST powers the Best Wallet ecosystem, and you need it to unlock benefits within the Best Wallet app.

You can buy $BEST for $0.024925 in presale, but get in fast, as a price increase is less than nine hours away. Having raised an impressive $11.9M since the beginning of the presale in November 2024, it’s clear the project has community support, making this one of the best presale opportunities in 2025.

Owning $BEST directly translates to perks like reduced transaction fees across the platform, significantly higher yields through its staking aggregator, and exclusive access to vetted presales found in the ‘Upcoming Tokens’ section of the app.

Beyond these core financial perks, $BEST token holders also gain special access to iGaming partnership rewards (like free spins and bonuses) and governance rights to influence the ecosystem’s future direction.

Benefits drive strong demand, as evidenced by the token’s rapid initial presale uptake and the wallet’s consistent user growth (over 64K followers on X).

The $BEST airdrop further spurs community growth, positioning the token to take the lead among competitors like Solaxy or BTC Bull Token.

Visa, $BEST, and the Future of Your Digital Assets

Visa’s collaboration with Bridge isn’t just a fluke. It’s a sign of greater things to come, a signpost for the future of global payments, where stablecoins and user-friendly crypto apps play a central role in the crypto economy.

As this transition moves ever closer, the infrastructure enabling seamless digital asset spending becomes vital.

Fueled by its $BEST token, Best Wallet is built precisely for this emerging reality.

Integrating essential tools, rewarding token holders with diverse benefits, and planning features like Best Card potentially positions $BEST among the best altcoins for investors.

Remember, though, this is not financial advice, and we recommend you do your own research before investing.

Galaxy Digital Plans Nasdaq Listing and Metaplanet Raises $250M for its Bitcoin Strategy, Fueling Presales like BTC Bull Token

bitcoinist.com - чт, 05/01/2025 - 15:03

Presales like BTC Bull Token ($BTCBULL) may surge as Galaxy Digital plans a Nasdaq listing on May 16, with the shareholders’ meeting set for May 9.

Mike Novogratz, Galaxy Digital CEO and founder, broke the news yesterday on Galaxy’s Newsroom, stating that the move would be ‘value enhancing to the company and our shareholders and enable us to attract a broader investor base.’

At the same time, Metaplanet aims to raise an additional $250M to fuel its 5K $BTC reserve and push it closer towards the 10K goal.

What Do These News Spell for the Crypto Market?

In short: good things to come. Galaxy Digital’s move comes in the broader context of quasi-generalized Bitcoin adoption, with Michael Saylor’s Strategy (MSTR) leading the pack.

Strategy made its first $BTC purchase in August 2020, spending $250M for a total of 21,454 $BTC.

Since then, the company has kept investing heavily in Bitcoin, such that, between 2020 and 2025, it acquired more than 553K $BTC.

At the same time, Strategy’s Nasdaq stocks surged by a staggering 3,000% within this 5-year timeframe.

While Strategy is the most obvious example, other companies experienced similar surges alongside Bitcoin’s meteoric rise.

Bitcoin miner CleanSpark also witnessed a growth of almost 500% between 2020 and 2025 after its Nasdaq listing.

Even the Nasdaq 100 recorded a boost of 1% throughout April, and is still going strong, with a 3.30% increase over the past five days.

Anthony Pompiliano, founder and CEO of Professional Capital Management, called market bears ‘insane’ for obsessing over the Great Depression in such a context.

Everybody is Buying Bitcoin. What Does This Say About Presales Like BTC Bull Token?

Everybody has either bought, is buying, or plans to buy Bitcoin in what seems to be a complete paradigm shift.

Remember the Great Crypto Crash of 2018, which many called the ‘Crypto Winter’, when Bitcoin lost more than 80% of its value? That time when names like Goldman Sachs and Jamie Dimon, CEO of JPMorgan, called Bitcoin ‘a bubble’ and ‘a fraud’?

Those times are gone now. Here’s a couple of stats to prove it:

  • Strategy bought an additional 15K $BTC on April 28, 2025, worth $1.2B, bringing its reserves up to 535,555 Bitcoins.
  • Twenty One Capital plans to acquire 42K $BTC via a $3.6B SPAC merger.
  • Ming Shing Group, a Hong Kong-based holding company, bought 833 $BTC during Q1 of 2025 at an average price of $89,250.
  • Rumble announced an $17.1M investment in Bitcoin for a total of 188 tokens, marking the company’s first step into the Bitcoin market.

The trend even prompted BlackRock’s CEO, Larry Fink, to state that Bitcoin may soon threaten the USD’s market supremacy.

Given this context, it’s safe to say that the best altcoins on the market will follow Bitcoin’s lead and experience sustained growth during 2025 and beyond.

This includes new crypto projects like BTC Bull Token ($BTCBULL).

BTC Bull Token ($BTCBULL) Chases Bitcoin to $250K and Beyond

BTC Bull Token ($BTCBULL) aims to capitalize on Bitcoin’s push to $250K. This is one of the most promising new meme coins based on the roadmap and philosophy behind it.

BTC Bull Token aims to tap into Bitcoin’s fan pool and attract investors with a variety of rewards, such as:

  • $BTC airdrops: The project offers real $BTC airdrops every time Bitcoin reaches preset price points (like $150K and $200K)
  • Dynamic staking: The current staking rewards sit at 79%, though this will change soon as the staking pool keeps taking in new investors.
  • $BTCBULL airdrop: A massive $BTCBULL airdrop (10% of the total supply of 21B) is scheduled for when Bitcoin hits $250K.

The project also burns tokens as $BTC grows in the charts, with several token burn events set at specific Bitcoin price milestones ($125K, $175K, $225K).

This helps create upward price pressure for $BTCBULL, contributing to the coin’s price potential in the long term.

The presale is currently at $5.2M, with $BTCBULL standing at $0.00249.

If you want to join the presale, remember that you only qualify for the $BTC airdrops if you keep your $BTCBULL in Best Wallet.

Check our ‘how to buy $BTCBULL’ guide today and read our $BTCBULL price prediction for a clearer outlook on the project’s potential.

Is This the Right Time to Invest?

All evidence points to a positive answer. Bitcoin is enjoying more and more public adoption, fueling its growth and dragging presales like BTC Bull Token along for the ride.

Galaxy Digital’s Nasdaq listing will most likely push the company’s stocks to heights it hasn’t seen yet, and we’re here for the ride.

As already stated, we don’t offer financial advice. Invest carefully and don’t let FOMO (Fear of Missing Out) take over.

Ripple Attempts $5 Billion Takeover Of USDC Issuer Circle, Bid Rejected

bitcoinist.com - чт, 05/01/2025 - 14:00

Blockchain payment firm, Ripple Labs, has reportedly offered to acquire rival stablecoin provider Circle Internet Group for an estimated $4 billion to $5 billion. However, this initial bid was rejected by Circle as being too low.

Circle Responds To Ripple’s Interest

According to a Bloomberg report, Ripple remains interested in Circle but has not yet decided whether to make a revised offer. A spokesperson for Circle responded to inquiries about the potential acquisition by stating, “We do not comment on market rumors.” 

They added that due to the ongoing “quiet period” with the US Securities and Exchange Commission (SEC), further details about their corporate financial plans would not be disclosed. Circle’s long-term goals, however, are unchanged.

This interest from Ripple comes on the heels of its recent acquisition of Hidden Road, a multi-asset prime brokerage firm, for $1.25 billion. This strategic move is aimed at enhancing Ripple’s capabilities in the stablecoin market, which has been gaining traction amid increasing demand for digital assets that maintain a stable value.

Circle’s Second Attempt At Going Public

Circle, known for issuing the USDC stablecoin, has experienced fluctuations in its market valuation. Last year, Circle was reportedly valued between $5 billion and $5.25 billion in secondary market trades, a significant drop from the $9 billion valuation achieved in early 2022 during an unsuccessful attempt to go public via a SPAC merger with Concord Acquisition Corp.

Recently, Circle filed an S-1 registration statement with the SEC as it prepares for a long-awaited initial public offering (IPO). Reports suggest that Circle aims to achieve a valuation of $4 billion to $5 billion through this public offering, expected to be filed by the end of April. 

While the exact timing of the IPO remains uncertain, companies that file for an IPO generally begin trading shares about four weeks later, although some may remain in registration for months.

This marks Circle’s second attempt to go public. The company previously announced plans for a SPAC merger in 2021, but regulatory issues arose when the SEC did not approve the proposed deal, leading to multiple extensions. 

If successful, Circle’s IPO could represent the largest cryptocurrency-related public offering since Coinbase went public in 2021 through a direct listing. Notably, financial giants JPMorgan and Citi served as advisors during Coinbase’s IPO process.

The current political landscape may also favor Circle’s ambitions. Recent advancements in stablecoin legislation in Congress could provide a bullish signal for the company. The Senate Banking Committee has moved forward with a bill, and the House of Representatives is expected to vote on its version soon. 

Furthermore, pro-crypto sentiment from President Donald Trump, who has expressed a desire to sign stablecoin legislation by August, suggests potential regulatory support for the industry.

As of this writing, Ripple’s associated token, XRP, trades at $2.20, recording a 6% surge in the fourteen-days time frame. 

Featured image from DALL-E, chart from TradingView.com

XRP ‘Hot Capital’ Jumps 135%—How Do Bitcoin & Solana Compare?

bitcoinist.com - чт, 05/01/2025 - 14:00

On-chain data shows the XRP network has seen a strong jump in ‘Hot Capital’ recently. Here’s how this growth compares with Bitcoin and others.

XRP Among Cryptocurrencies Observing Surge In Hot Capital

In a new post on X, the on-chain analytics firm Glassnode has talked about how the Hot Capital of XRP has changed recently. The “Hot Capital” refers to that part of the cryptocurrency’s capital reserve that entered during the past week.

The capital reserve of any digital asset is measured through its “Realized Cap,” which is a capitalization model that calculates the total valuation of a cryptocurrency by equating the value of each token in circulation to the spot price at which it was last transacted on the network.

As the last transaction of any coin is likely to represent the last time it changed hands, the price at that time could be considered as its current cost basis. Thus, the Realized Cap essentially sums up the cost basis of all investors of the asset.

When this indicator’s value changes, capital could be assumed to be moving in or out of the cryptocurrency, depending on the direction of the change. In the context of the current topic, the Realized Cap of the entire network isn’t of interest, but only of a portion of it: the Hot Supply.

Below is the chart shared by the analytics firm that shows how the capital stored in the form of these young coins has changed for XRP during the last few months:

As is visible in the above graph, the Realized Cap associated with coins that moved during the last week has registered an increase for XRP recently, a potential signal that speculative capital is entering the cryptocurrency.

“XRP Hot Capital rose from $0.92B on 20 Apr to $2.17B on 28 Apr – a $1.25B (+134.9%) surge,” notes Glassnode. “Despite this rebound, the metric remains ~72% below its Dec 2024 peak of $7.66B.”

XRP isn’t the only digital asset that’s observing an increase in short-term holder activity. As the analytics firm has pointed out in other X posts, Bitcoin, Ethereum, and Solana have all witnessed a considerable rise in Hot Capital during the same period.

First, here is the chart for Bitcoin, displaying how the metric has gone through a 92% surge to $39.1 billion:

According to Glassnode, this turnaround in the Hot Capital is one of the fastest upticks that the indicator has seen for Bitcoin in recent months. Though the percentage increase witnessed by the metric is still lower than the one for XRP.

Ethereum and Solana are also similar in that, with ETH in particular notably lagging behind with only a 54% increase since April 17th.

While Hot Capital has grown across these cryptocurrencies, its value still remains far below the high observed earlier in the cycle, an indication that speculative activity hasn’t quite made a full comeback yet. More specifically, the indicator is sitting at 60% down for both Bitcoin and Ethereum, and 72% for XRP.

The asset that is currently the closest to making a return is Solana, with the metric being around 38% following a weekly jump of 100%.

XRP Price

XRP crossed the $2.30 mark earlier in the week, but it seems the asset has seen a pullback since then as its price is back at $2.17.

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