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Best Altcoins Set to Thrive as Cannes Embraces Crypto Payments in 2025
Cannes, the glitzy capital of film and French Riviera flair, is about to take on a new role: global crypto tourism hub.
The city announced plans to roll out crypto payment infrastructure across 90% of local merchants, thanks to a partnership with Web3 payment firm Lunu Pay.
By summer 2025, you might be able to grab a croissant, buy a bottle of champagne, or book a yacht – all using crypto.What makes this different from previous ‘crypto city’ experiments – like El Salvador’s Bitcoin Beach or Miami’s Bitcoin-branded city campaigns – is the level of coordination. Cannes isn’t just slapping QR codes in cafes.
The municipality is actively training shop owners and laying down Web3 infrastructure. That’s a big deal, because it makes crypto payments truly accessible to regular people – not just hardcore HODLers.
And when crypto becomes this real, certain projects stand to benefit more than others. Let’s look at some of the best altcoins riding this wave of mainstream adoption.
1. Best Wallet Token ($BEST) – Powering the Next Generation of Crypto PaymentsAs crypto payments go mainstream in cities like Cannes, one thing becomes clear: the wallet you use – and the token behind it – matters more than ever. That’s where Best Wallet Token ($BEST) steps in.
Priced at $0.02495 and with nearly $12M already raised in its presale, $BEST isn’t just another utility token. It’s the backbone of a radically modern, user-first crypto experience.
Best Wallet is positioning itself as the next evolution of Web3 wallets, outpacing clunky tools like MetaMask with a sleek, app-style interface, smarter security, and a host of exclusive features.But it’s the $BEST token that unlocks the real perks.
Buying and holding $BEST gives users serious advantages. We’re talking reduced transaction fees, early access to hot new crypto projects, and even bonus rewards through Best Wallet’s iGaming partnerships.
That’s a far cry from tokens that just sit in your wallet looking pretty.
$BEST holders also gain access to ‘Upcoming Tokens,’ a built-in launchpad tool. It allows users to discover, vet, and invest in new tokens directly in-app – without hopping through shady mirror sites.
In short, $BEST isn’t just a token. It’s your all-access pass to the future of crypto payments, investments, and perks – all in your pocket.
2. SUBBD Token ($SUBBD) – The Future of Content Monetization Is AI-Powered and InstantThe way we pay for content is about to change forever – and SUBBD Token ($SUBBD) is leading the charge.
Built for the next generation of fans and digital platforms, $SUBBD is reimagining the $85B content subscription industry by blending AI, crypto, and premium fan experiences into one seamless ecosystem.
Currently priced at $0.0553, with over $300K raised in presale, $SUBBD powers an AI-driven content platform where users can subscribe, tip, and interact with creators using fast, low-fee crypto payments.
The platform offers tools like AI-generated photos and videos (approved by the original creators), a chatbot assistant for creators, and customizable staking perks.
Holding and staking $SUBBD unlocks exclusive content, early access to drops, and platform bonuses, all while earning up to 20% APY during presale.
Analysts predict the token could reach $0.301 by 2025, and possibly soar to $2.50 by 2030, making it one of the most promising projects in the content and AI space.
This isn’t just another crypto content idea. It’s a fully operational, AI-powered platform that’s already rewriting the rules.With $SUBBD, fans get more value, creators earn more directly, and the token at the center gets real-world utility.
3. Litecoin ($LTC) – The OG That Still Gets the Job DoneIn a world of flashy new tokens and headline-chasing meme coins, Litecoin ($LTC) continues to quietly do what it does best – enable fast, cheap, and reliable payments.
Launched in 2011, it’s one of the oldest cryptocurrencies still thriving, and for good reason.
At a current price of $86.74, $LTC is more than just a legacy coin – it’s a practical, well-oiled machine built for real-world use.
It processes transactions four times faster than Bitcoin and with much lower fees, making it ideal for everyday purchases, especially in retail-heavy environments like Cannes.
With crypto payment terminals going live across 90% of the city’s merchants, Litecoin’s battle-tested speed and cost-efficiency could make it a natural fit.Already accepted in crypto-forward cities like Miami and Lugano, Litecoin’s consistent performance and broad integration across wallets and payment platforms give it a major head start.
As crypto adoption spreads through tourism and local commerce, $LTC may just be the quiet workhorse powering your next seaside espresso.
4. Toncoin ($TON) – Turning Telegram Into a Global Crypto PowerhouseToncoin ($TON) is the native cryptocurrency of The Open Network (TON), a high-speed, scalable layer-1 blockchain originally developed by Telegram.
After regulatory setbacks paused Telegram’s direct involvement, the project was revived by an independent community and is now gaining serious momentum.
Priced at $3.18, Toncoin powers a range of blockchain functions – from staking and governance to paying for transaction fees.What sets $TON apart is its deep integration with Telegram’s massive user base of over 900M people.
Through this partnership, users can send $TON directly in chats, use built-in wallets, and access decentralized services without ever leaving the app. It’s frictionless, fast, and tailor-made for mass adoption.
As cities like Cannes build crypto into everyday life, Toncoin’s seamless messaging-app integration could be a game changer.
Tourists and locals alike could one day send crypto payments with the same ease as sending a text – something $TON is already making possible.
Real-World Crypto Is Here – And These Projects Are ReadyAs Cannes paves the way for real-world crypto adoption, a new era of usability is taking shape.
Whether it’s paying for coffee with $LTC, unlocking premium features with $SUBBD, securing your assets and the best crypto presales through $BEST, or sending instant payments through Telegram with $TON, these projects are built for the kind of everyday crypto usage that’s finally becoming a reality.
As more cities follow Cannes’ lead, projects like these are poised to lead the charge.
Before you invest, always do your own research (DYOR), as this article is for informational purposes only and doesn’t constitute financial advice.
Bitcoin Difficulty Finally Headed For Cooldown: Almost 5% Drop Expected
On-chain data shows the Bitcoin Difficulty is set to see a drop in the upcoming adjustment after having gone up the previous four times.
Bitcoin Difficulty Will Finally Provide A Break To MinersThe “Difficulty” refers to a feature present on the Bitcoin blockchain that defines how hard the miners would find it to mine a block. The network changes its Difficulty in automatic adjustments that occur about every two weeks.
This feature exists on the network to achieve one task: keep the block production rate stable around 10 mins per block. “Block production rate” here is the time that the miners take to mine a block of the cryptocurrency.
Miners on the BTC network perform their duty by leveraging computing power. As such, whenever they expand their facilities, they become faster at their task. But due to the Difficulty’s existence, this speed increase is only temporary.
Whenever the miners deviate from the standard block production rate, the network takes action in the next adjustment and changes the Difficulty just enough to bring the validators back to the usual pace. The adjustment can be both positive and negative, depending on whether the miners are performing their task at a faster or slower rate.
The next Bitcoin Difficulty adjustment is estimated to occur this Sunday, at around 1:30 AM UTC. Here are the details regarding this event, according to data from CoinWarz:
As is visible above, the average Bitcoin block time has stood at 10.50 minutes recently, which means the miners have been slower than required. To correct for this, the network is expected to decrease the Difficulty by nearly 5%.
During each of the last four adjustments, the chain raised the metric, so this upcoming decline would put an end to the streak. As mentioned before, the Difficulty is merely a reaction to what the miners are doing. Thus, these trends in the Difficulty can be traced back to the trend in the Hashrate, an indicator that measures the total amount of computing power employed by the miners.
Below is a chart from Blockchain.com that shows the data for the 7-day average of the Bitcoin Hashrate over the past year.
From the graph, it’s apparent that the 7-day average of the Bitcoin Hashrate was witnessing some sharp growth earlier, but its value has observed a plunge recently.
Whenever the Hashrate rises, things become harder for the individual miners. This is because of the fact that the Difficulty goes up whenever this happens, ensuring that any revenue increases due to higher computing power are nullified.
Thus, the same revenue is now competed for by a larger pool of computing power. Miners that can’t increase their individual power at the same rate as the network increase naturally fall behind the competition.
As such, it’s not uncommon to see the Hashrate cool down after a large jump in the Difficulty. The recent plunge in the metric may also have taken place because some miners could have been unable to cope with the multiple consecutive spikes in the Difficulty.
BTC PriceBitcoin has furthered its recovery in the past day as its price has reached the $97,500 mark.
Bitcoin Open Interest Approaches Key Breakout Zone Seen In Prior Bull Markets – Details
According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, Bitcoin (BTC) may be primed for an extended rally. The top cryptocurrency’s open interest in the futures market is approaching historically high levels – a trend seen during previous bull markets.
Bitcoin Open Interest Continues To ClimbAs BTC edges closer to the $100,000 mark, open interest in the futures market is rising rapidly. A chart shared by Avocado_onchain illustrates that the current spike in open interest mirrors patterns observed in earlier bull cycles.
The analyst noted that in past instances when Bitcoin’s open interest broke above a previous peak – highlighted in red – it was quickly followed by a significant price surge, as shown by the yellow arrows and green circles on the chart.
Although the current level of open interest has not yet surpassed the previous high, the steep upward trajectory suggests it may soon do so. If this level is breached, there is a strong likelihood that BTC’s price could follow suit and break past its current all-time high (ATH).
Funding Rates Remain Largely StableDespite the optimistic outlook, Avocado_onchain cautioned that excessive open interest can create an over-leveraged environment, heightening the risk of liquidation events and volatility. However, BTC funding rates remain largely stable for now.
For the uninitiated, funding rates are periodic payments between long and short traders in perpetual futures contracts, meant to keep contract prices aligned with the spot market. In BTC’s context, positive funding rates indicate more demand for longs, while negative rates suggest more demand for shorts.
Currently, overall funding rates across futures exchanges show a slight long bias without reaching overheated levels. Interestingly, Binance – the largest crypto exchange by trading volume – shows a short bias dominance, helping to maintain market equilibrium.
Crypto analyst Ali Martinez echoed this sentiment. In a recent post on X, he noted that 63.76% of traders on Binance are currently positioned short. This reinforces the idea that the current rise in open interest reflects healthy long positioning rather than speculative excess.
Additionally, Bitcoin’s renewed upward momentum has sparked bullish signals in key on-chain indicators. The MVRV ratio, a metric often used to assess market sentiment, has started to climb – another sign of growing investor confidence.
Similarly, the Bitcoin SOTT indicator recently flashed green, a signal that has historically preceded major rallies. At press time, BTC trades at $97,569, up 0.5% in the past 24 hours.
FinCEN Seeks to Block Huione from US System Citing North Korea-Linked Crypto Crimes
The US Treasury Department is taking steps to sever financial ties with Cambodia-based Huione Group over its alleged involvement in laundering billions in illicit crypto-linked funds.
In a move targeting potential national security risks, the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would prohibit Huione from accessing the US financial system, citing connections to North Korean hackers and crypto fraud networks.
The proposed designation, announced Thursday under Section 311 of the USA PATRIOT Act, would label Huione Group as a primary money laundering concern. If enacted, the rule would compel US financial institutions to cut off any correspondent banking relationships with Huione and its affiliates.
FinCEN Alleges Crypto Heists, Scams, and Stablecoin AbuseThe Treasury alleges that Huione played a significant role in laundering over $4 billion from 2021 to 2025, including $37 million allegedly linked to the North Korean hacking collective Lazarus Group.
According to FinCEN’s statement, Huione Group facilitated laundering for cybercrimes ranging from crypto investment scams to high-profile hacking incidents.
The group reportedly supported transnational criminal organizations operating out of Southeast Asia, offering services including crypto exchanges, online payment processing, and a marketplace catering to illicit cyber actors.
The US Treasury emphasized that such operations allowed Huione to become a major hub for criminal finance activity, with its platforms being routinely used to funnel proceeds from cyber theft.
One of the group’s newest developments includes launching its own stablecoin. Blockchain analytics firm Elliptic previously flagged the move as a response to increasing regulatory crackdowns, suggesting it was intended to bypass asset freezes and financial surveillance.
FinCEN noted that the stablecoin, combined with Huione’s fiat and cryptocurrency services, enabled high levels of transactional anonymity, thereby complicating efforts to trace illicit finance.
Treasury Secretary Scott Bessent stated that the proposed measure aims to “degrade these groups’ ability to launder their ill-gotten gains” by severing access to the US banking system.
The move also follows findings by the United Nations Office on Drugs and Crime, which characterized Huione’s Haowang marketplace as a comprehensive ecosystem supporting cybercriminal infrastructure. According to the UN report, Haowang provides everything from fake documentation to scam toolkits and payment systems.
International Response and Enforcement OutlookThe proposal to restrict Huione comes amid growing global concern over the rise in crypto-related financial crime. US officials say that cutting off Huione’s access to the American banking system would send a strong signal to similarly structured platforms operating under the radar.
However, the UN has also warned that similar groups continue to emerge across Southeast Asia, potentially undermining enforcement efforts targeting Huione alone. The public comment period for FinCEN’s proposed rule will remain open for 30 days following publication in the Federal Register.
In the meantime, the Treasury is expected to continue working with international partners and private-sector institutions to track digital asset flows and clamp down on networks facilitating cyber-enabled crime.
Featured image created with DALL-E, Chart from TradingView
This Textbook Accumulation Cylinder Says Dogecoin Price Is Headed Above $3.2
Crypto analyst Crypto Bullet has revealed a bullish pattern for the Dogecoin price, which could send the meme coin above $3.2. The analyst also provided a timeline for when the foremost meme coin could reach this price target.
Dogecoin Price Eyes Rally Above $3.2 As Textbook Accumulation Cylinder FormsIn an X post, Crypto Bullet revealed that the Dogecoin price has printed a textbook accumulation cylinder, which provides a bullish outlook for the foremost meme coin. His accompanying chart showed that DOGE could rally above $3.2, marking a new all-time high (ATH) for the meme coin.
The crypto analyst stated that based on this bullish pattern, the Dogecoin price rally to this target should start in the next few months. He added that the catalyst for this price surge is unknown, but affirmed that something interesting is coming. Crypto Bullet also noted that BTC dominance is topping out and that this could be the perfect recipe for a DOGE pump.
Crypto analyst Kevin Capital recently suggested that a potential monetary easing policy from the Federal Reserve could be what sparks the next bull run for the Dogecoin price. He highlighted the fact that the Fed is projected to cut interest rates in June. The analyst expects DOGE to surge as this increasing money supply flows into the meme coin.
Interestingly, June is also the timeline crypto analyst Master Kenobi provided for when the Dogecoin price could reach a new ATH. He predicted that DOGE would rally to as high as $0.9 during this period. Meanwhile, the analyst warned that it is still uncertain whether the meme coin will break past the psychological $1 price level.
Update On DOGE’s Price ActionIn an X post, Kevin Capital provided an update on the current Dogecoin price action. He noted that DOGE has held the macro .382 and the macro down-trending support at around $0.14. He further remarked that the monthly super trend has not yet gone vertical in this cycle. The monthly Relative Strength Index (RSI) is also at the same level it was at when the meme coin was at $0.11, with much room to rally to the upside.
The analyst stated that, with the market entering the easing phase of the monetary cycle, he expects Bitcoin’s dominance to reach a macro top in the summer. Kevin Capital predicts that altcoins, especially the Dogecoin price, will then witness a massive surge once this happens. He urged market participants to ignore the short-term noise and focus on the long-term trajectory.
At the time of writing, the Dogecoin price is trading at around $0.18, up 3% in the last 24 hours, according to data from CoinMarketCap.
Crypto Exchange Kraken Uncovers North Korean Espionage Plot
Crypto exchange Kraken’s latest security disclosure reads less like a corporate blog post than a field report from the front lines of modern cyber-warfare. Published on 1 May 2025 under the blunt title “How we identified a North Korean hacker who tried to get a job at Kraken,” the account describes in granular detail how a seemingly routine hiring process morphed into what the exchange openly calls “an intelligence gathering operation.”
From the first contact, something felt wrong. Recruiters noticed that the applicant “joined under a different name from the one on their resume, and quickly changed it,” a detail the security team later described as the opening note in a symphony of red flags. Moments later, the interview took on an uncanny timbre: “the candidate occasionally switched between voices, indicating that they were being coached through the interview in real time.”
Kraken Tricks North Korean Crypto HackerKraken’s staff did not rely on intuition alone. The post explains that industry partners had already circulated “a list of email addresses linked to the hacker group,” and one of those addresses matched the résumé in question. Armed with that match, Kraken’s Red Team launched an OSINT dive that exposed what it calls “a larger network of fake identities and aliases” spreading across the crypto employment market. According to the blog, multiple companies had unwittingly hired personas from the same lattice of fabricated résumés, and “one identity in this network was also a known foreign agent on the sanctions list.”
Technical inconsistencies began piling up. The exchange recounts how the applicant relied on “remote colocated Mac desktops but interacted with other components through a VPN,” a configuration favoured by operators who need to launder location data. Investigators tied the résumé to a GitHub profile containing an email address that “had been exposed in a past data breach,” and finally concluded that the primary government ID “appeared to be altered, likely using details stolen in an identity theft case two years prior.”
With the evidence mounting, Kraken opted for misdirection rather than immediate rejection. The company advanced the applicant through successive stages—in effect baiting the hook. “Instead of tipping off the applicant, our security and recruitment teams strategically advanced them through our rigorous recruitment process – not to hire, but to study their approach,” the blog states.
The denouement came in what should have been an informal “chemistry interview” with Chief Security Officer Nick Percoco. The applicant did not realise that every pleasantry was laced with a test. Percoco and his colleagues asked for live two-factor confirmations: show your government ID on camera, report your physical location, name a few local restaurants. “At this point,” the post recounts, “the candidate unraveled. Flustered and caught off guard, they struggled with the basic verification tests, and couldn’t convincingly answer real-time questions about their city of residence or country of citizenship.”
Percoco subsequently distilled the lesson from the disclosure: “Don’t trust, verify. This core crypto principle is more relevant than ever in the digital age. State-sponsored attacks aren’t just a crypto, or US corporate, issue – they’re a global threat. Any individual or business handling value is a target, and resilience starts with operationally preparing to withstand these types of attacks.”
The blog underscores that the crypto sector’s attack surface is no longer confined to code repositories or hot-wallet infrastructure; it extends to the HR inbox. “Not all attackers break in, some try to walk through the front door,” Kraken writes, adding that “Generative AI is making deception easier, but isn’t foolproof… genuine candidates will usually pass real-time, unprompted verification tests.” In a concluding reflection on organisational culture, the post argues that “a culture of productive paranoia is key. Security isn’t just an IT responsibility. In the modern era, it’s an organizational mindset.”
Kraken closes its narrative with a reminder that the candidate was part of the North Korean campaign which, by third-party estimates cited in the post, siphoned more than $650 million from crypto firms in 2024. The message is sober and unsentimental: “Sometimes, the biggest threats come disguised as opportunities.”
At press time, BTC traded at $96,825.
Featured image created with DALL.E, chart from TradingView.com
Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point
The government of Kuwait has initiated a crackdown on cryptocurrency miners throughout the nation, accusing them of aggravating power shortages with summer just around the corner, according to a Reuters report. The interior ministry last week declared a “wide-ranging” security campaign targeting houses that have been converted into mining centers.
Power Grid Under Severe StrainThe crypto mining operations “represent an illegal exploitation of electric power” and can trigger blackouts impacting residential homes, commercial establishments, and critical services, Kuwaiti authorities said. The operations “present a direct threat to public safety,” the interior ministry added in its announcement.
The power shortage in the Gulf country is a result of multiple causes: a population increase, urbanization, increased temperatures, and postponed upkeep at current power plants. Authorities have focused on the southern sector of Al-Wafrah, where around 100 houses were said to be utilized for mining operations.
Video: Kuwait Busts Crypto Miners’ Den Operating in Residential Area#Kuwait #CryptoMinning #CryptoCurrency https://t.co/uJi7sH6TAL
— ARAB TIMES – KUWAIT (@arabtimeskuwait) April 25, 2025
Mining Operations Exploit Cheap ElectricitySome of Al-Wafrah’s mining facilities use as much as 20 times the average electricity levels that ordinary homes require, according to earlier reports made by the ministry of electricity. The nation’s highly subsidized cheap electricity has brought miners who hope to make big profits.
Legal Gray Area Fuels ProblemThough Kuwait has prohibited cryptocurrency trading, the nation lacks legislation governing mining operations. This loophole has enabled miners to work in a legal limbo even as the central bank cautioned against investing in cryptocurrencies.
The case illustrates how crypto mining looks for areas with low electricity costs. The same trends have been observed globally, leading nations from Kosovo to Russia to limit mining to avoid power shortages.
Early Results Indicate Strong ImpactThe ministry of electricity announced a 55% decline in energy consumption in Al-Wafrah after last week’s crackdown operation. This steep decline indicates the crackdown has been successful in its initial phases.
Kuwait’s cryptocurrency policy is starkly at odds with that of some of its neighbors. As Kuwait suppresses mining, Dubai opened this week to a key crypto conference, with Eric Trump, the son of US President Donald Trump, in attendance.
University of Cambridge research estimated that Kuwait was responsible for only 0.05% of global bitcoin mining in 2022. Yet even this small proportion can have a major effect on Kuwait’s relatively small electrical grid, experts say.
“It would only take a very tiny proportion of the overall bitcoin mining network to have a large influence on the comparatively small overall electrical usage of Kuwait,” said Alex de Vries-Gao, co-founder of Digiconomist, a tracker of crypto energy usage.
As Kuwaiti summers heat up in the next few months, officials continue to ask citizens to cut back on electricity consumption, expecting the clampdown on miners to avoid frequent power outages during the hot summer months ahead.
Featured image from Unsplash, chart from TradingView
Dogecoin Foundation Kicks Off Design Competition Ahead Of Indy500
The Dogecoin Foundation, in collaboration with the House of Doge, is tapping into the creative spirit of its vibrant community with an exciting new design competition. As Dogecoin (DOGE) gears up for a significant appearance in the legendary Indianapolis 500 (Indy 500) race, the community is called on to help shape the brand’s racing future with a new logo design.
Dogecoin Foundation Unveils New Logo Design ContestIn celebration of the upcoming Indy500, an annual automobile race held at the Indianapolis Motor Speedway in Indiana, US, the Dogecoin Foundation and House of Doge are teaming up to promote DOGE at the legendary event.
They have announced a new logo design competition featuring a Dogecoin-branded race car, which will be unveiled at “devlin-dogecoin.com”. The contest aims to find a bold and creative, community-designed logo that will represent DOGE Racing at future events.
The DOGE racing logo will be a universal logo that can be used not just for the legendary Indy 500 automobile race but for any future Dogecoin-related racing events. The Foundation and House of Doge have implored the community, including fans, artists, and designers, to come up with creative ideas for this logo. The winning design will also be featured prominently on official merchandise and promotional materials.
The design competition is open to everyone in the DOGE community. Participants are encouraged to create and submit their best Dogecoin racing logo designs by replying directly to the official announcement on X (formerly Twitter) before May 7.
As part of the contest rules, entrants must agree to transfer full ownership of their design to House of Doge, allowing the brand to use the winning logo for the upcoming Indy 500 event and across future racing initiatives. These initiatives will follow the debut of the Dogecoin-sponsored race car at the Indy 500, marking a new milestone in DOGE’s growing presence in the world of motorsports.
Reward Details For Logo Design WinnerThe creator of the winning DOGE logo design for the upcoming Indy 500 event will not only earn major bragging rights but also take home an impressive prize package. The winner will receive a complete set of Dogecoin Racing merchandise featuring their logo, 12 cases of Jones Soda in flavors of their choice, and two tickets to the inaugural Arlington Grand Prix in Dallas, Texas, scheduled for 2026. Additionally, they will enjoy hotel accommodations and a $2,000 travel credit to attend the event.
This logo competition not only gives members of the community the chance to leave their mark on the prominent Dogecoin brand but also rewards them with an unforgettable Motorsport experience. As DOGE continues to expand its reach beyond the crypto space to new global niches, initiatives like this design competition highlight the community-driven spirit that has made DOGE a standout name in the meme coin and broader crypto market.
Bitcoin Escapes Tight Range After Week Of Compression – Next Stop $100K?
Bitcoin is now trading above the $96,000 mark after multiple days of struggling to break through that resistance zone. The breakout signals renewed strength from bulls, who have regained control following weeks of tight consolidation. However, while this move confirms bullish momentum in the short term, the critical level to reclaim remains the psychological $100,000 threshold. A decisive push above $100K could unlock a wave of market-wide upside and potentially trigger a new phase of the bull cycle.
Top analyst Daan shared a technical analysis on X, noting that BTC has officially broken out of the $93K–$96K range after about a week of compressed price action. He compares the current setup to a previous consolidation phase that also preceded a breakout, emphasizing the need to hold above this new support.
The coming days will be key in determining whether Bitcoin can sustain this momentum and move confidently toward the long-anticipated six-figure milestone.
Bitcoin Breaks Out Again, but Bulls Must Defend Key LevelsAfter months of selling pressure from the all-time highs, Bitcoin is once again showing signs of strength, attempting to confirm a broader bullish setup that could lift the entire market. The decisive break above the $90K level marked a major shift in momentum, giving bulls the upper hand and fueling optimism about a potential push toward six-figure territory. However, broader market risks remain, including persistent macroeconomic uncertainty and ongoing trade conflicts between global powers that continue to weigh on investor sentiment.
Daan shared insights suggesting that BTC has broken out of the $93K–$96K range after nearly a week of tight consolidation and compressed price action. This pattern mirrors a previous setup seen just days before, where similar compression led to an upside breakout. According to Daan, this breakout is encouraging, but it must be defended. A move back into the $93K–$96K range would undermine the current rally and could signal a mere liquidity grab rather than a sustained breakout.
For now, Bitcoin continues to trade with strength, but the next few sessions will be critical. If bulls can hold above $96K and build momentum, the path toward reclaiming the $100K mark becomes increasingly likely. Otherwise, the risk of a retrace and renewed volatility remains on the table.
Price Analysis: Bulls Aim For $100K As Breakout ExtendsBitcoin is currently trading at $97,015 after pushing through key resistance levels in a strong continuation of the uptrend that began in mid-April. This 4-hour chart shows a clear breakout above the $93K–$96K consolidation range, which had compressed price action for about a week. The breakout has been followed by steady price action above $95K, indicating solid demand and controlled bullish momentum.
Both the 200-period SMA ($86,572) and EMA ($89,048) are far below current levels, showing that Bitcoin is well above its medium-term support zones. This positioning reinforces bullish structure and suggests any retrace into the $90K–$92K zone could serve as a healthy retest rather than a breakdown.
Volume picked up significantly during the breakout on April 23–24 and has remained elevated, which is a strong technical confirmation of the move. Immediate resistance now lies at the psychological $100K level, with a secondary target at $103,600.
Bulls must maintain momentum and avoid a sharp rejection below $95K, which could imply a failed breakout and open the door for profit-taking. Overall, the trend remains bullish with upside potential, but traders should watch for signs of exhaustion near resistance.
Featured image from Dall-E, chart from TradingView
Ethereum’s Exchange Supply Drops To New Lows As ETH’s Price Closes Another Bearish Month
With the broader crypto market’s renewed bullish condition, Ethereum is beginning to demonstrate robust upward movements as it hovers near the pivotal $1,900 level. Following the recent bullish performance, investors and traders are choosing to hold onto their coins, as indicated by a sharp drop in ETH’s exchange reserves.
Exchanges Ethereum Reserves Drop SharplyEthereum’s price has picked up its pace once again, reclaiming above $1,800 amidst favorable market conditions. During the positive period, investors appear to have been withdrawing ETH from major exchanges, especially Binance, the largest crypto exchange.
Kyle Doops, the host of the Crypto Banter show, revealed the shift in investor sentiment toward ETH after investigating the Ethereum Exchange Supply Ratio metric on the Binance exchange.
This drop in exchange reserves indicates that investors are increasingly putting ETH into long-term or cold storage, lowering the quantity that is easily accessible for trading. It also reflects investors’ strong conviction in the altcoin‘s long-term prospects as the bull market progresses.
Data shared by Kyle Doops in the X post shows that Ethereum is quietly tightening on exchanges, with its available supply plummeting sharply to the lowest levels in weeks. Over time, these supply reductions have often come before price increases, fueled by the dynamics of growing demand and scarcity.
According to the expert, ETH leaves crypto exchanges, causing selling pressure to drop and tightening supply when this happens, which leads to price squeezes in the near term. As Ethereum’s exchange supply reduces, Kyle Doops claims that the Binance platform is the liquidity hub.
ETH’s Uptrend Unable to Halt Bearish StreakSince the development often signals potential upward surges, this implies that Ethereum’s price might be gearing up for bullish responses, suggesting a continuation of its current uptrend. However, despite the ongoing upside movements, the altcoin has finished another month in a bearish style.
Technical expert and investor, Venturefounder delved into the monthly price action, highlighting 5 consecutive months of unhinged selling pressure and bearish performance. He also highlighted that the altcoin has flipped into a bullish outlook as May begins, hinting at a possible end to the negative streak.
The chart shows that April’s bearish close marked the second-largest streak of consecutive red months since 2018, where ETH witnessed 7 straight red months between May and November. By the time the streak ended, Ethereum’s price had dropped significantly to the $91 level.
In the meantime, Crypto Bullet, a market expert, is confident that this mid-term correction has reached its end, mapping out a giant reversal candle from the August to October 2023 lows. While the bottom is in, the analyst anticipates a good bounce in the mid-term.
Crypto Bullet stated that the expected move might be a rally to a new all-time high or a dead cat bounce. However, the expert is leaning toward the dead cat bounce scenario based on ETH’s weakness this cycle and that the cycle is just 7 months away from concluding.
Is There A “Secret XRP Ledger” And Is The Price Really At $1,000?
A prominent member of the XRP community, XRP Investing, has commented on the speculations that there is a secret XRP Ledger (XRPL). The community member also addressed theories that the XRP price is trading at $1,000 on this private ledger.
Insights Into The Secret LedgerIn an X post, XRP Investing stated that the claims that there is a secret version of the XRP Ledger where banks move billions anonymously aren’t a conspiracy. The community remarked confidently that besides the public XRPL, there is a ‘CBDC Private Ledger,’ which he claimed Ripple announced as the private version of the XRPL in 2021.
XRP Investing stated that the crypto firm built this private XRP Ledger specifically for Central Banks. He claimed that it is private because these banks demand privacy, compliance, and control. This Ledger enables them to issue Central Bank Digital Currencies (CBDCs) without exposing their data or using XRP. The community member added that the CBDC Private Ledger is tailored for wholesale and retail digital currency, not public crypto trading.
Meanwhile, he asserted that Ripple has confirmed that this XRP Ledger is real and isolated from the public XRPL. XRP Investing further remarked that XRP isn’t used on the private Ledger at all. Indeed, Ripple released a blog post in 2021, announcing the pilot phase of a private version of the public, open-source XRP Ledger.
The crypto firm stated that this private version of the XRP Ledger will provide central banks with a secure, controlled, and flexible solution for the issuance and management of digital currencies.
Ripple explained that it chose to make this version of the XRPL private because a Central Bank requires more transaction privacy and control over its currency than a public ledger can offer. As such, these banks would most likely opt to create their CBDCs on a private ledger, which they can also operate on a large scale.
XRP Price Differences On The Two Ledgers?XRP Investing also addressed speculations that the price on the private XRP ledger is different and trading at $1,000. He noted that these were simply rumors that Ripple’s Chief Technology Officer (CTO), David Schwartz, had shut down. As such, there is officially no double pricing for XRP on both ledgers. The community member reiterated that the private ledger does not use XRP.
He noted that this development matters because it shows that Ripple’s private XRP Ledger isn’t just a clone but a real use case for XRPL technology. The community member added that this positions the crypto firm at the heart of future CBDC infrastructure, which he claimed is bullish. This could boost XRP’s adoption in the long run if these banks decide to use the native token to facilitate transactions.
Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades
After surging into the $97,000 level this week, Bitcoin appears to be entering a fresh bullish phase. Following weeks of heightened volatility and persistent selling pressure, the market is beginning to shift its tone. Bulls are gaining momentum, and the broader crypto space is showing signs of renewed confidence as price action heats up.
Top analyst Axel Adler shared key insights, revealing that the return of the YoY True MVRV (Market Value to Realized Value) to positive territory marks a significant milestone in this cycle. This metric indicates that, on average, coins acquired over the past year are now held at a profit, with the current market price sitting above the average purchase price.
This shift reduces the pressure from panic sellers, many of whom were previously underwater and looking to exit. Now, with realized profits increasing, there is less urgency to sell, which in turn supports price stability and builds momentum. As a result, investor confidence is rising, and a healthier market structure is forming.
If this trend continues, Bitcoin could be on the verge of a sustained move toward new all-time highs, signaling that the next leg of the bull market may have just begun.
Bitcoin Holds Firm As Market Shifts Into Recovery PhaseBitcoin is currently facing a critical challenge as it struggles to reclaim the psychologically important $100,000 level. Over the past two weeks, bulls have successfully pushed the price above key resistance zones such as $90,000 and $96,000, signaling renewed strength. However, the momentum is being tempered by growing macroeconomic uncertainty, including persistent fears of a global recession and continued conflict between the US and China, two factors that heavily influence investor sentiment across all markets.
Despite these concerns, Bitcoin’s on-chain metrics are flashing signs of a structural shift in market behavior. According to Axel Adler, the Year-over-Year True MVRV (Market Value to Realized Value) has returned to positive territory. This means that, on average, the current market price is now higher than the average price at which coins were acquired over the past year. As a result, most holders are in profit.
This change marks a crucial psychological turning point. The pressure from panic sellers is easing as fewer participants are motivated to lock in losses. Instead, we are seeing rising holder confidence and reduced sell-side activity. Adler notes that this transition often aligns with the start of a recovery phase and paves the way for more sustainable growth.
If this trend continues, the speculative premium will build gradually, setting the stage for a longer-term rally. In essence, the foundation for the next major move appears to be forming, and according to Adler, the most interesting part of this cycle may have just begun.
Technical Details: Price Holds Near $97KBitcoin is trading at $96,800 after briefly pushing above the $97,000 level earlier in the session. While bulls have maintained control throughout the past week, they’re now showing signs of exhaustion as demand appears to be stalling around current prices. Still, the price remains elevated, and momentum is building across the broader market as traders anticipate a potential breakout.
To sustain the rally, BTC must hold above the $95,000 level, now acting as a key short-term support. A stable base here could provide the necessary fuel for a continued push toward the $100,000 psychological milestone, which would confirm a fresh bullish leg in this cycle.
However, if Bitcoin fails to hold $95K, short-term sentiment could shift quickly. A break below this level may open the door to a deeper retrace, with the next major support lying in the $88K–$90K zone. Given the high level of macroeconomic uncertainty and mixed signals across global markets, traders are likely to remain cautious heading into the weekend.
For now, the focus remains on whether bulls can build enough momentum to breach $97K again and make a convincing move toward uncharted territory.
Ethereum Prints 5 Red Monthly Candles: What Happened The Last Time?
Over the last few months, the Ethereum price has performed incredibly poorly, dashing the hopes of investors who believed in its potential. While the Bitcoin price has made multiple new highs with expectations that the ETH price could follow, the opposite has been the case. In the last five months, Ethereum has gone from $4,000 to less than $2,000, printing consistent red monthly closes during this period. Now with five consecutive negative monthly closes, we take a look at where the ETH price could be headed next.
Ethereum’s Five Red Monthly ClosesIn a recent post on X (formerly Twitter), crypto analyst CryptoBullet pointed out that the Ethereum price had closed its fifth consecutive month in the red. This development has set Ethereum back years, with its price crashing to levels not seen since 2023.
Related Reading: Dogecoin Price Completes Bullish Rounded Bottom, Moves Into Range For This Breakout
However, it may seem that this is not entirely bad news for the second-largest cryptocurrency by market cap and could end up being the start of a bullish impulse.
According to the analyst, the month of April was actually pivotal for the Ethereum price despite closing out in the red. This is due to the formation of a giant Hammer/Dragonfly doji candle that CryptoBullet points out happened as the price swept 2023 lows when it fell toward $1,400 earlier in the month. Naturally, this formation is bullish for the cryptocurrency as it could mean that Ethereum has finally found a bottom from here.
Looking back at Ethereum’s history, there has been only one time in the past, where the optics have been this bad for Ethereum, and it was seven years ago. Back in 2018, when the crypto market was coming out of the 2017 bull run, the ETH price suffered multiple crashes, leading to the only time ETH has closed 5 consecutive monthly candles.
However, what followed in 2018 was not a bullish impulse, but rather a bearish continuation. The cryptocurrency would close an additional two months in the negative, leading to seven consecutive red closes on the monthly chart for Ethereum. In the end, it would take almost a year for the altcoin to gather enough momentum for it to get bullish again and start a sustained recovery.
A popular saying in the crypto market is that “history doesn’t repeat, but it often rhymes”. If this is true and plays out in this scenario, that means Ethereum may not follow the bearish continuation to a tee, but it could mean that the pain is far from over for investors.
If 2025 sees a similar trend to 2018, then the month of May, which has already started out in the green for Ethereum, could see the price fall further. In such a case, the ETH price could be looking toward the end of 2025 for a sustained recovery.
Morgan Stanley Introduces Crypto Trading On E*Trade Amid Trump’s Deregulation
Morgan Stanley, one of the world’s largest investment banks, is reportedly set to introduce cryptocurrency trading on its consumer platform, E*Trade.
According to a Bloomberg report citing sources familiar with the matter, the banking giant plans to allow customers to buy and sell cryptocurrencies starting next year, capitalizing on the recent deregulation efforts spearheaded by President Donald Trump.
E*Trade To Allow Direct Crypto InvestmentsThis initiative marks a pivotal moment for Morgan Stanley as it seeks to enhance its offerings in the financial landscape. The firm is reportedly considering partnerships with established digital asset companies to develop the necessary infrastructure for trading virtual assets.
ETrade, which was acquired by Morgan Stanley in 2020 for $13 billion, currently serves over 5 million users. While the platform has provided access to Bitcoin (BTC) and Ethereum (ETH) through exchange-traded funds (ETFs), direct investment in these digital currencies has not yet been available.
The anticipated move to allow direct digital asset trading would position ETrade competitively against popular platforms such as Robinhood and Coinbase, which have already established strong footholds in the market, especially in the US.
Traditional Finance’s Shift Towards Digital AssetsThe timing of Morgan Stanley’s announcement is particularly noteworthy, coinciding with a Federal Reserve (Fed) decision to rescind previous guidance that cautioned banks against engaging with cryptocurrencies.
This shift signals a potential opening for financial institutions to explore innovative avenues in the crypto space, aligning with Trump’s pro-crypto stance.
The president has made it clear that he aims to position the United States as “the crypto capital of the world,” reversing many of the regulatory measures that were implemented under the Biden Administration.
Donald Trump’s second administration in the White House has also taken steps to establish a national Bitcoin and digital asset reserve and support the development of a clear regulatory framework for the evolving industry.
The momentum in the traditional finance sector towards digital assets is growing. Notably, Fidelity Investments announced in March that it had begun testing its own stablecoin, while Bank of America’s CEO Brian Moynihan expressed interest in entering the stablecoin market pending the establishment of a regulatory framework.
At the time of writing, the total crypto market capitalization is approaching $3 trillion for the first time in nearly two months. As such, the market’s leading crypto, BTC, has once again surged close to the $100,000 mark, currently trading at $96,865.
This demonstrates not only the renewed interest in risk assets from institutions such as Morgan Stanley but also a broader sense of bullishness among retail investors who expect new record highs for the cryptocurrency this quarter.
Featured image from DALL-E, chart from TradingView.com
Cardano Unleashes Leios: 11,000 TPS And Infinite Scalability
Cardano founder Charles Hoskinson used his 1 May 2025 livestream to unveil the first quantitative performance figures for Ouroboros Leios, the protocol upgrade that—if it performs in production as the prototype already does in simulation—promises what he called “an infinitely scalable protocol, a one-minus-delta protocol.”
Ouroboros Leios: Cardano’s Boldest Upgrade YetSpeaking from Colorado, Hoskinson described Leios as the most ambitious iteration in the Ouroboros research line: a telescoping design that “extends Prowse” yet can “collapse back down to the current protocol” should any unforeseen fault occur. Unlike stand-alone Byzantine-Fault-Tolerant (BFT) engines, Leios is engineered to stack on Cardano’s existing proof-of-stake ledger without abandoning the original 50% Byzantine resistance or the network’s 24/7 liveness guarantees.
Hoskinson shared a single slide from the prototyping team that captured the community’s attention. The metric in focus was the input-block (IB) rate, a new adjustable parameter that multiplies throughput by inserting many “input blocks” in parallel before each ranking block is elected.
“With just that one input block, you can see that maximum is about 6 TPS,” he said while pointing to the graphic. “You have five input blocks, 10 input blocks, 20, 30—11,000 TPS for your minimum [250 Bytes], maximum 180 [TPS] at 16,000-kilobyte transactions, which are huge.”
Because IB count is a parameter, network governors will be able to raise or lower it each “tick” period, then dedicate a subsequent “tock” period to software and network optimizations before turning the dial again. In Hoskinson’s words, “year-by-year Cardano gets naturally faster and it doesn’t require a brand-new design or protocol for it.”
Leios is the most invasive change to the Haskell node since the 2020 shift from Ouroboros-BFT to Shelley consensus. The upgrade touches virtually every subsystem: ledger logic, block structure, network stack, consensus rules and cryptography. A “follow-the-sun” development schedule—multiple teams handing code off across time zones—will be adopted to compress time-to-market despite higher cost and developer fatigue.
When Will Leios Ship?Hoskinson cautioned that the rewrite is non-trivial: “It typically takes about nine months to twelve months of implementation effort from a SIP to bring this into the protocol.” The formal specification, simulations and Cardano Improvement Proposal (SIP) are expected to be finished “the second half of this year.” Once those artefacts exist, Input Output Global (IOG) will issue a request for proposals to outside firms to co-implement the code in Haskell—and potentially in Rust and Go if alternative clients mature in time.
Leios arrives alongside a separate roadmap of Layer-2 technologies—Hydra, Mithril, Midgard optimistic roll-ups and the recursive-SNARK initiative—each designed to compound throughput without compromising decentralisation. Hoskinson emphasised that the UTXO model makes Cardano uniquely capable of embedding zero-knowledge proofs: “Every output can be a proof as opposed to a transaction.”
The strategy is to let Leios supply base-layer headroom while Layer-2s add specialised scalability paths, together positioning the network to absorb “the enormous transaction volume that Bitcoin DeFi, XRP DeFi, and us becoming an AVS system” could generate.
Hoskinson closed by reiterating Cardano’s research-driven ethos: “Nobody in the cryptocurrency industry writes a SIP, has dense simulations and prototyping, and a formal specification as the definition of an RFP. Nobody does that.” Leios, he said, is the “crowning achievement of ten-plus years of careful thought, research and engineering… the capstone of the Ouroboros agenda.”
If the delivery timetable holds, Cardano stakeholders could be voting on the Leios SIP in early 2026, bringing live throughput of at least 11,000 transactions per second—without abandoning the platform’s signature security model—before the end of next year.
At press time, ADA traded at $0.71.
Capitol Crypto: Congressman Proposes Bitcoin ATMs In Government Facilities
A Texas Republican congressman has proposed installing cryptocurrency ATMs in United States federal buildings. Rep. Lance Gooden wrote a May 1 letter to Stephen Ehikian, who is presently acting administrator for the General Services Administration (GSA), news reports said.
Trump Ally Frames Proposal As “Educational Resource”Gooden, one of the president’s well-known Republican allies, recommended in his letter that installing crypto ATMs in government buildings would be an “educational resource” for the public.
He requested that the GSA start exploring guidelines and regulations necessary for installing such machines on federally owned properties across the country.
Public documents filed with the House of Representatives indicate Gooden has not declared any cryptocurrency investment or ATM firms since being elected in 2019. There are no reported financial disclosures in public records available for the Texas representative as of 2025.
Authority Questions UnansweredThe GSA regulates and manages government-owned properties. Although its website states that it can offer space for federal credit union ATMs, it is not certain if Ehikian can extend these regulations to digital asset ATMs provided by private companies.
Reports suggest Ehikian, who was sworn in by US President Donald Trump, may not have a mandate to introduce these types of ATMs without consent from Congress. Reports also disclose that the finances for such an endeavor may demand an act of Congress.
President’s Crypto Connections Raise QuestionsMeanwhile, Trump has extensive engagement with digital coins and asset firms across multiple avenues. These range from his individual investments, presidential campaign accounts, family-backed enterprises, and the TRUMP meme coin.
Trump reportedly hosted a dinner in Washington, DC in April for the leading holders of his meme coin. This link creates questions regarding potential policy influences regarding cryptocurrency infrastructure in government buildings.
Senate Considers Tougher Crypto ATM RegulationsGooden’s bill comes as legislators in the Senate are considering bills to combat fraud using digital currency ATMs. Last February, Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act with the goal of establishing “common sense guardrails” against scams that have hurt many elderly Americans.
The timing provides a telling contrast between Gooden’s initiative to expand access to crypto technology and Durbin’s push for more protection from possible abuse of the same systems.
This brings to the fore the debate surrounding how to achieve a balance between innovation and consumer protection in the world of cryptocurrencies.
Featured image from Unsplash, chart from TradingView
Ripple Is ‘Fake It Till You Make It On Steroids,’ Claims Moonrock Capital CEO
The disclosure of Ripple Labs Inc.’s overture to purchase Circle Internet Financial for a reported $4 billion to $5 billion has ignited a rare public broadside from within the digital-asset industry itself, while simultaneously spotlighting diverging philosophies about how crypto networks should be commercialized.
Simon Dedic, chief executive of the venture firm Moonrock Capital, took direct aim at Ripple’s approach in a post on X, writing that an attempted takeover of Circle would be “the ultimate example of ‘fake it till you make it’ on steroids.” Dedic alleged that “for a decade” Ripple’s business model has been “hyping up [its] community with empty promises and flashy news—all just to pump the XRP token to absurd, centi-billion-dollar valuations.”
He continued: “Then you sell off your tokens, build a massive war chest, and try to use it to buy one of the most legitimate and profitable companies in the industry. If it weren’t so scammy, I’d almost be impressed by the execution and endurance of Brad Garlinghouse and team.”
Ripple declined to comment on Dedic’s characterization. The company’s acquisition proposal, first reported by Bloomberg on Wednesday, was rebuffed by Circle, which is preparing an initial public offering penciled in for early April and believes the numbers put forward “undervalue the franchise,” according to people familiar with the talks. Circle likewise declined public comment on the approach, reiterating that its near-term focus remains on the IPO process and on the growth of its USDC stablecoin.
Ripple, whose XRP Ledger was designed for cross-border payments and settlement, is no stranger to large cheques. Just last month the San Francisco-based firm agreed to acquire prime-brokerage platform Hidden Road for $1.25 billion, one of the largest deals in crypto to date. The attempted Circle takeover, however, would dwarf that transaction and, if consummated, fold the two largest non-algorithmic dollar-backed stablecoins besides Tether under a new roof.
Ripple = A High Agency CreatorThe bid has also rekindled a long-running debate about the role that founding teams and their affiliated foundations should play once a network is live. Hunter Horsley, chief executive officer of Bitwise Asset Management, argued on X that the market often overlooks “the role of creators in commercialization.”
Horsley argued that the episode illustrates the “high-agency creator” model increasingly common among Layer-1 protocols. He set up a spectrum with three archetypes. “No agency creator: Bitcoin. Medium agency creator: Ethereum, Bittensor, etc. High agency creator: Solana, Avalanche, Aptos, Sui, Ripple, etc.”
The Bitwise CEO added that projects in the third category “have Labs and foundations alongside them with resources, organized talent, and a desire to foster adoption.” In his view, the capacity of such entities to “bend fate to win” means that “the best product doesn’t always win. Sometimes it’s the best go-to-market. Are you factoring this dimension into your expectations?”
In other words, Horsley sees Ripple’s acquisitive streak as a textbook example of high-agency strategy in action, contrasting with protocols such as Bitcoin that rely almost exclusively on emergent community coordination. Dedic’s critique, by contrast, frames Ripple’s approach as opportunistic asset-flipping financed by treasury XRP sales.
At press time, XRP traded at $2.22.
SEC to Approve SOL, XRP, and DOGE ETFs, as $1M Bitcoin Prediction Rallies New Crypto Projects
The SEC is likely to approve SOL, XRP, and DOGE ETFs in the coming months. This, as another $1M Bitcoin prediction could cause new crypto projects to explode.
Bloomberg analysts Erich Balchunas and James Seyffart predicted with 75% certainty that the SEC will approve multiple spot altcoin ETFs by the end of 2025, most likely on July 2.
Combined with Arthur Hayes’ $1M Bitcoin prediction at TOKEN2049 in Dubai, this news could rally some of the best presales today like Solaxy ($SOLX) and BTC Bull Token ($BTCBULL).
Bitcoin Reaches Lowest Historical VolatilityK33 Head of Research, Vetle Lunde, was first to break the news, pointing at a 7-day record low volatility over the past year and a half.
But what does this mean?
According to experts, this could be a sign that Bitcoin is starting to mature as a financial asset, gaining more stability and becoming more reliable long term.
Glassnode made a similar observation back in December, 2024, noting that Bitcoin’s volatility chart looks less dramatic than it did in previous cycles:
This assessment weighs even more heavily if we consider that Bitcoin currently ranks 7th on the list of the top assets ranked by market cap, higher than silver, Saudi Aramco, and Meta (formerly Facebook).
And if you still think Bitcoin’s entrenchment is just a phase, Marion Laboure, analyst at Deutsche Bank, disagrees, stating, ‘I could potentially see Bitcoin to become the 21st century digital gold. Let’s not forget that gold was also volatile historically.’
In light of these statements and analysis, let’s take a look at some new crypto projects that could rally as Bitcoin solidifies its position.
1. Solaxy ($SOLX) – Solana Layer 2 Bringing Improved Speeds and Network StabilitySolaxy ($SOLX) is Solana’s upcoming Layer 2 upgrade that aims to stabilize and improve Solana’s ecosystem.
Solaxy will address Solana’s main problems: subpar transaction speeds and even failed transactions during network congestion.
The project also aims to improve scalability and lower transaction fees, while maintaining Solana’s robust liquidity and multi-chain compatibility.
Solaxy currently runs one of the best presales, having accumulated over $32M so far, with the $SOLX price still at a low $0.001712.
If you’re interested in joining the presale, this might be the time to do it, given that the $SOLX price is guaranteed to increase in stages until its official launch.
Staking $SOLX also sounds great, given the 123% dynamic APY.
Check our ‘how to buy $SOLX’ guide if you need a helping hand, and read our price prediction for an idea of what to expect between now and 2030.
2. Turbo ($TURBO) – The Brainchild of ChatGPT and Aurora Surges in the ChartsTurbo ($TURBO)’s creator, Rhett Mankind, created the project with the help of ChatGPT, Aurora, and a budget of $69. The result is one of the most intriguing meme coins currently surging up the charts.
Following its creation, Turbo evolved from a simple meme coin to an entire ecosystem run by Aurora Labs and supported by the NEAR protocol. This led to the creation of TurboChain, a platform for artists, innovators, and developers worldwide.
$TURBO is peaking on CoinMarketCap, gaining over 200% in the past month to today’s price of $0.005621.
The community sentiment is 91% positive, which signals a strong ‘buy’ vibe.
For a broader perspective, $TURBO has been constantly climbing since April 17 and shows no signs of slowing down.
3. BTC Bull Token ($BTCBULL) – Bitcoin’s Unofficial Meme Coin Offering $BTC AirdropsBTC Bull Token ($BTCBULL) is a new crypto project that offers $BTC airdrops every time Bitcoin reaches preset price points ($150k, $200k, etc).
Holders will also receive a massive $BTCBULL airdrop when Bitcoin reaches its $250k price mark, which BTC Bull Token devs say is a reachable goal.
The project stems from the idea that Bitcoin’s growth is inevitable and will eventually surpass the $1M price point.
The presale is hot, having accumulated over $5.2M, with $BTCBULL’s price now at $0.00249. Stakers are looking at an APY of 78% with a dynamic reward rate, which is guaranteed to drop as more people join the staking pool.
If you want to join the presale, keep in mind that you need to keep your $BTCBULL in Best Wallet to qualify for the airdrops.Check our ‘how to buy $BTCBULL’ guide and our price prediction for the token to see what the future may hold.
4. Immutable ($IMX) – Web3 Gaming Platform with Gas-free NFT tradingImmutable ($IMX) is a multi-purpose platform designed with gamers and NFT collectors in mind.
The project identifies a problem: players can’t use their digital items and collectibles from games anywhere else but in the game. The solution? Blockchain gaming and access to ever-growing NFT marketplaces.
The best part is that the protocol offsets the gas fees, allowing you to trade NFTs without worrying about extra costs. This lowers the barriers to entry for NFT buyers and creators.
The token is on a steady, but continuous climb, gaining close to 25% over the past month. Its price is at $0.6346, considerably lower than its release price of $6.03, but on a clear upward trend today.
The 86% positive community sentiment is also visible in the 24h trading volume, up 305%.
Don’t take this as financial advice. While somewhat stable now, the crypto market is always unpredictable and volatile. Do Your Own Research (DYOR) and only invest what you afford to lose.
Is the Crypto Market Entering Bull Mode?If Bitcoin’s activity over the past months is anything to go by, the bulls are back.
The King coin currently stands at $97k in the charts at the time of writing this article, with a market cap of over $1.92T, and it doesn’t look like it’s stopping anytime soon.
Pair this with Arthur Hayes’ $1M price prediction for $BTC by 2028, and you can understand our optimism.
Until Bitcoin gets there, though, look into some of the best altcoins today like Solaxy ($SOLX) and BTC Bull Token ($BTCBULL), because presales don’t wait for anybody.