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Bitcoin Miners Stay Confident Amid Price Drop – On-Chain Data Points To External Pressures

пт, 04/18/2025 - 03:00

Bitcoin is now at a pivotal moment as its price continues to range within a narrow band, hovering above $83,000 and below $86,000 since last Saturday. The tight consolidation reflects market hesitation, as traders and investors brace for a significant move in either direction. With global tensions rising and macroeconomic conditions showing no signs of improvement, many analysts argue that a bear market scenario could unfold if economic pressure persists.

Despite the cautious outlook from many market participants, on-chain data tells a slightly more optimistic story. According to CryptoQuant’s Bitcoin Miners Sentiment chart, miners—often seen as one of the most informed cohorts in the ecosystem—are holding up well. Even with the recent price drop, their sentiment has been on the rise. This resilience suggests that, at least from a long-term perspective, miners still believe in Bitcoin’s upside potential.

As Bitcoin clings to its current range, all eyes are on whether it will break upward into recovery or slide into deeper correction. The next move could define sentiment for weeks to come, especially if macroeconomic catalysts intensify. Until then, the market remains tense, and momentum is building for what could be the next major volatility spike.

Bitcoin Miners Remain Calm Despite Tariff Tensions

Bitcoin is currently trading near critical supply levels that bulls must reclaim to confirm the beginning of a true recovery rally. After weeks of intense volatility and price rejection near $90,000, BTC now faces a key challenge—whether it can overcome short-term resistance and re-enter a bullish structure. But while price action remains uncertain, a deeper look into on-chain data offers encouraging signs for long-term holders.

Macroeconomic tensions continue to weigh heavily on market sentiment. The ongoing escalation of tariffs between the United States and China has fueled fears of a prolonged trade war. Markets across the globe are reacting with caution, and crypto is no exception. Uncertainty around economic policy, inflation, and interest rates has created a risk-off environment that stalls momentum for even top digital assets like Bitcoin.

However, a potential resolution or pause in trade tensions could quickly reignite bullish momentum across markets. According to top analyst Axel Adler, there’s already a strong signal of underlying strength—Bitcoin miners. Adler shared on X that miners are holding up well, and despite the recent price drop, their sentiment is steadily rising. This behavior signals that the selling pressure is not rooted in capitulation but rather in external economic stress. Miners, often seen as the backbone of the Bitcoin network, appear confident in the asset’s long-term value.

In this context, the current pullback is being interpreted more as a macro-driven correction than the start of a structural bear market. If global tensions ease and BTC reclaims supply zones above $87,000, it could set the stage for a new leg up in the ongoing cycle.

BTC Price Holds Above Support But Faces Major Resistance Ahead

Bitcoin is currently trading at $84,400 after several days of struggling to reclaim momentum above the 200-day exponential moving average (EMA). Despite a bounce from recent lows, bulls continue to face strong resistance as they attempt to regain control of the trend. The key objective now is to reclaim the $89,000 level—a breakout above this point would not only push BTC past the 200-day simple moving average (MA), but also mark a fresh high for the first time since March.

However, the path ahead remains uncertain. To avoid a deeper pullback, bulls must defend the $82,000 level, which now acts as a crucial near-term support. Holding above this mark is essential to prevent bearish continuation, as any drop below $82K could accelerate losses and send BTC toward the $75,000 zone—a level not seen since the start of the current correction.

Market sentiment remains cautious amid ongoing global tensions and mixed macroeconomic signals. If bulls can reclaim $89K, it could trigger a renewed rally and restore short-term confidence in the broader crypto market. Until then, Bitcoin remains in a fragile consolidation phase, with momentum hinging on reclaiming key resistance levels.

Featured image from Dall-E, chart from TradingView 

Ethereum Investors Suffer More Losses Than Bitcoin Amid Ongoing Market Turmoil

пт, 04/18/2025 - 02:00

Given the continued volatility in the general crypto market, several major digital assets such as Ethereum and Bitcoin experienced a decrease in investor participation. As a result, the two crypto giants were faced with significant selling pressure, with ETH recording more losses than Bitcoin.

Ethereum Outpaces Bitcoin In Recent Losses

Over the last few days, Ethereum and Bitcoin have struggled with notable bearish pressure that has hampered their upward movements. During this volatile period, seasoned market expert and host of the Crypto Banter show, Kyle Doops, has outlined substantial losses in both assets as observed in the 6-Hour Rolling Losses metric.

Ethereum’s value has declined more precipitously than that of several of its competitors, triggering selling pressure among investors. During the recent sell-off, Ethereum holders have locked in $564 million in losses, highlighting growing investor caution and a shift in market sentiment. 

According to the expert, this is one of the worst losses ETH investors have experienced since the 2023 bull began. The notable losses raise concerns about ETH’s short-term resilience and future performance as volatile market conditions constantly affect investors’ confidence in the altcoin.

Kyle Doops highlighted that while losses are decreasing, this could imply that the market is adjusting to lower pricing. With the market adapting to lower price conditions, the market expert is confident that capitulation is still present.

In another X post, Kyle Doops reported that Bitcoin is navigating rough waters as it suffers significant losses amid persistent market turbulence. This huge loss has also triggered speculations about the sustainability of BTC’s renewed upward trend to key levels like $85,000.

Data from the expert reveals that investors of the largest cryptocurrency asset experienced about $250 million in realized losses in just 6 hours after last week’s sharp drop. In the current market cycle, this loss is one of the biggest so far.

However, looking at the chart, each leg down is exhibiting less pain, which suggests that sellers might be running out of ammo. As key technical resistance levels continue to hinder BTC’s uptrend, the future of the flagship asset is becoming increasingly uncertain.

Where One Of ETH’s Strongest Support Lies

ETH has made a brief rebound to the $1,600 mark after a sudden drop on Wednesday. Delving into the price action, Ali Martinez, a crypto analyst, has underlined a crucial support zone for Ethereum, where significant investor interest was seen in spite of continued price fluctuation.

While the altcoin slowly rebounds, Ali Martinez highlighted that the $1,528.50 is a key support level in its price dynamics. This is due to the notable accumulation around this level. On-chain data shows that about 2.61 million wallet addresses purchased more than 4.82 million ETH in this zone, making it a robust area of support against downside pressure.

Can Dogecoin Price Realistically Reach $10? Here’s How High The Market Cap Would Have To Be

пт, 04/18/2025 - 00:30

Crypto analysts have raised the possibility of the Dogecoin price reaching $10. Based on this, it has become important to analyze what DOGE’s market cap could be if it reaches this ambitious price target. 

What DOGE’s Market Cap Would Be If The Dogecoin Price Reaches $10

CoinMarketCap data shows that DOGE currently boasts a total circulating supply of 148.88 billion. This means that the Dogecoin price could boast a market cap of $1.48 trillion if it reached $10. It is worth mentioning that this would make the meme coin more valuable than the entire crypto market, which is currently valued at around $2.66 trillion. 

The Dogecoin price reaching $10 looks unrealistic based on DOGE’s market cap if it were to reach this price target. However, crypto analysts such as DOGECAPITAL have predicted that the foremost meme coin can reach this price level. In a recent X post, the analyst affirmed that DOGE could rally to $10 or higher. 

In his analysis, he stated that the Dogecoin price is nearing the end of the green and red line zone. He noted that historically, entering this zone has often preceded significant upward momentum. The analyst predicts this upward movement could begin as early as next month. DOGECAPITAL warned that this doesn’t guarantee an immediate surge at the beginning of the month and remarked that the probability of a strong move upward will increase over time. 

Based on historical trends, the crypto analyst predicted that the Dogecoin price could close the daily candle on December 31 this year at approximately $11.71. He added that this may not reflect the peak price during this cycle, as each year 4 in previous cycles has delivered progressively stronger results. DOGECAPITAL believes that DOGE’s performance in this cycle could exceed its prior achievements, especially with “rising institutional interest, increasing global adoption, and technological progress.”

DOGE Is Set To Pump Soon 

Crypto analyst Trader Tardigrade echoed a similar sentiment as DOGECAPITAL, predicting that the Dogecoin price would pump soon. The analyst suggested that DOGE was at the final stage of its pullback. He remarked that the foremost meme coin is showing the same characteristics on the MACD and RSI as it did in the last stage of the previous pullbacks. In line with this, he affirmed that the meme coin is set to pump soon as it nears the end of this pullback. 

Crypto analyst Master Kenobi asserted that a Dogecoin price breakout is expected to happen within hours. Interestingly, in a follow-up to this prediction, he raised the possibility of DOGE rallying to as high as $15 based on a Livermore formation on the meme coin’s chart. 

At the time of writing, the Dogecoin price is trading at around $0.157, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Bitcoin Coinbase Premium Index Edges Toward Positive Territory, Investor Optimism Recovering?

чт, 04/17/2025 - 22:00

After persistent bearish pressure on Wednesday, Bitcoin’s price witnessed a brief upward move to the $85,000 threshold as buying interest slowly increased. Despite waning price movements, key metrics like the Bitcoin Coinbase Premium Index have started to improve as it moves closer to positive territory.

BTC Coinbase Premium Shows Signs Of Recovery

Bitcoin’s market sentiment appears to be gearing up for a notable shift due to data from the Coinbase Premium Index. In a recent post on the X (formerly Twitter), Daan Crypto Trades, a crypto analyst and trader, reports that the key metric has shown signs of recovery.

Specifically, the Bitcoin Coinbase Premium Index is an indicator that tracks the price difference of BTC on the Coinbase exchange and other major crypto exchanges in the sector. Daan Crypto Trades highlighted that the index is gradually attempting to move into positive territory after being extremely negative for most of April.

This slight shift back toward positive territory points to a possible recovery in spot demand in the United States, which is typically observed as a bullish indication for the market as a whole. Although the premium is slowly turning positive, it is an indication of a resurgence of institutional interest and capital inflows from US retail traders.

According to the expert, this development comes after net Bitcoin Spot Exchange-Traded Funds (ETFs) outflows and BTC accumulation by Michael Saylor‘s MicroStrategy firm. On Monday, the company purchased an additional 3,459 BTC, valued at $285.8 million at a cost price of $82,618.

As of April 13, 2025, the company owned 531,644 BTC, which were purchased for $35.92 billion at a price of $67,556 each. Considering the recent purchase at $82,618, MicroStrategy has now achieved a BTC yield of 11.4% Year-to-date (YTD) in 2025.

Even though the BTC Coinbase Premium Index tends to mostly be a lagging indicator, it might reveal underlying strength or weakness when the market is moving sideways. In the meantime, Daan Crypto Trades noted that the crucial metric is essentially flat currently, urging investors to closely monitor the trend.

Retail Bitcoin Holders Sell-Offs Surpass Large Investors

Amid Bitcoin’s ongoing volatility, there has been heightened selling pressure on crypto exchanges over the past 15 days. During this period, BTC retail and mid-sized investors were seen offloading their holdings more than whales or old investors.

Data from CryptoQuant Exchange Inflow Age/Value Bands shows that short-term holders have been the main sellers, transferring an average of 930 BTC to exchanges. Meanwhile, Long-Term Holders only saw daily movements of roughly 529 BTC, indicating that long-term conviction is still strong despite panic or profit-taking from short-term holders.

This cohort-driven breakdown clarifies that the present correction is not a big exodus by smart money, since Bitcoin is trading sideways and volatility is compressing. Rather, it is most likely the result of anxious mid-tier and short-term holders.

Gary Gensler Goes Full Bitcoin Maximalist In First Interview After SEC Exit

чт, 04/17/2025 - 20:00

Gary Gensler has broken two months of public silence with a combustible appearance on CNBC’s Squawk Box, granting his first interview since stepping down as chair of the US Securities and Exchange Commission (SEC) on 20 January. In a 17‑minute exchange with Andrew Ross Sorkin, the former regulator applauded Bitcoin’s staying power while likening most non‑Bitcoin tokens to “sentiment‑driven memes.”

The remarks came as the SEC, under acting chair Mark T. Uyeda, is walking away from headline enforcement actions that defined the Gensler era. Gensler refrained from talking about individual cases, rather emphasizing that the crypto industry has no fundamentals.

Gensler Embraces Bitcoin Maximalism

“I’m going to step back a little bit from any individual cases and just say this again to your viewing public. This is a very small part of the financial markets. But if you were interested in this, think about every financial asset sort of trades on a bit of fundamentals and sentiment. But this field is almost *99 percent – or maybe one might say 100 percent – sentiment and very little on fundamentals,” Gensler said, gesturing toward the market outside Bitcoin.

“And while something like Bitcoin may persist for a long time because there’s seven billion people around the globe, a real keen interest in it, there’s ten‑ or fifteen‑thousand others of these tokens… and if this is just about sentiment, then generally those don’t end up well and most then go down,” he added.

Pressed by co‑host Joe Kernen on whether Bitcoin should be treated differently, Gensler conceded a precious‑metal analogy he had long resisted while in office: “I think the distinction is similar to in metals, there’s only two or three precious metals. We humans have a certain fascination with two or three precious metals like gold. I don’t think we humans will have a fascination with ten‑ or fifteen‑thousand meme or sentiment tokens trading over the years.”

The interview lands amid an unprecedented retreat by the Commission from litigation that Gensler himself had authorised. On 27 February the SEC filed a joint stipulation dismissing its civil action against Coinbase, permanently ending the 20‑month fight over the exchange’s alleged unregistered‑broker activities. Just five weeks later, staff attorneys told Kraken that the agency would abandon its 2023 securities‑exchange complaint “with prejudice,” sparing the exchange both penalties and operational concessions.

The most consequential reversal involves Ripple Labs. On 19 March, CEO Brad Garlinghouse declared victory after learning that the SEC would withdraw its planned appeal of last year’s mixed ruling on XRP sales. A joint motion filed on 11 April asks the Second Circuit to hold all appeals “in abeyance,” effectively closing a four‑year battle that once threatened to define the security status of crypto assets in US law.

During his tenure, Gensler’s enforcement bureau opened or expanded more than 150 crypto cases, arguing that nearly every token except Bitcoin qualified as an unregistered security. His post‑departure rhetoric sharpens that line rather than softening it. By praising Bitcoin’s resilience while dismissing other tokens as speculative “sentiment,” he echoed the Bitcoin‑maximalist thesis that only the original cryptocurrency can function as non‑sovereign money.

At press time, BTC traded at $84,178.

Anatomy Of A Bitcoin Bear Market: Expert Trader Reveals The Signals To Watch Out For

чт, 04/17/2025 - 19:00

The Bitcoin price has been struggling after crashing more than 20% from its January all-time highs, and has taken the entire crypto market down with it. This has been a point of concern for many investors, especially as BTC continues to struggle. According to a crypto trader, it looks like the current muted trend may end up being even more bearish for the Bitcoin price after all, given the signals that they pointed out could be leading to another crash for the cryptocurrency market.

Distribution Before A Bitcoin Price Crash

In a piece that was published on X (formerly Twitter), Zero Ika noted some developments in the market that could point to another price dump on the horizon for Bitcoin. First of these is the fact that the Bitcoin price currently looks stable. So far, it has been trending between $83,000 and $85,000, but the analyst explains that the supposedly bullish sentiment may not be all that bullish as things could be shifting beneath the surface.

Another signal that the analyst points out is the fact that the market does start to see isolated altcoin rallies independent of what the Bitcoin price might be doing. Looking at the market over the past few days, there have been some worrying rallies that have seemingly come out of nowhere for some altcoins.

For example, coins like Fartcoin and Aergo have seen rallies of over 300% in just a short time, especially when the Bitcoin price has been dumping. Additionally, Mantra’s OM token pumped and then dumped over 90% in a single day. These types of rallies, the trader explains, are not real. “To the untrained eye, it looks like early altseason or a hidden gem finally getting its due but in reality, these rallies are manufactured,” Zero Ika opined.

Apparently, these localized rallies serve a purpose and it is distribution. What this means is that “smart money” use these easy to manipulate altcoins as a way to exit the market, rather than using BTC directly and causing panic. So, they move their capital into these altcoins, which are then artificially propped up and then use the constructed liquidity windows to exit.

“Thin liquidity means price can be walked up with relatively small capital, and once it starts moving, the retail reflex kicks in,” the post read.

The crypto trader explains that the appearance of these events, while they may look bullish, does not mean the start of an altcoin rally, but rather an ending. They explain that the timing of these is never random, and they are usually a warning sign. “So when altcoins start to explode without reason while BTC is flat and wicking through HTF supply areas, zoom out,” Zero Ika said in closing.

Oklahoma Out Of Strategic Bitcoin Reserve Race After Senate Tax Committee Rejects Bill

чт, 04/17/2025 - 18:00

Oklahoma’s Senate has voted against the Strategic Bitcoin Reserve (SBR) bill introduced in January, leaving it out of the race to establish crypto-based reserves at the state level in the US.

Oklahoma Exits Bitcoin Reserve Race

On Monday, Oklahoma dropped out of the Strategic Bitcoin (BTC) Reserve race after the Senate Revenue and Taxation Committee rejected the proposed legislation despite a Republican majority.

In January, Oklahoma became the sixth state to introduce a BTC Reserve policy in the US. State House Representative Cody Maynard proposed House Bill 1203 (HB1203), the Strategic BTC Reserve Act, to allow Oklahoma’s state savings accounts and pension funds to invest in digital assets like BTC.

The bill would have allowed the State Treasurer and state retirement funds to hold digital assets through a secure custody solution, managed by a qualified custodian, or invested in exchange-traded products, and mandated that any taxes or fees paid in BTC be transferred to the State General Fund and reimbursed in US currency.

Oklahoma was among the SBR race leaders, tied with Texas as the second most advanced state in the legislative process. By March, the bill had advanced through the legislative process, passing the House’s third reading with a 77 – 15 vote.

However, the Senate’s Tax Committee dismissed the proposal in a 6 – 5 vote, with the two Democratic and four Republican Senators voting no on April 14.

Notably, Senator Christi Gillespie revealed she was voting no until Monday afternoon, but was convinced to vote yes “by a couple of constituents,” Bitcoin Laws reported on X.

The post also noted that “politicians voting on Bitcoin Reserve legislation can be persuaded (…). None of these bills are guaranteed to pass or fail. Bitcoiners (you) can make a difference.”

US States’ Crypto Legalization Continues

Oklahoma became the latest state to dismiss its SBR plans, joining Utah, Montana, South Dakota, North Dakota, Pennsylvania, and Wyoming.

It’s worth noting that another crypto-related legislation remains live in Oklahoma’s Senate. As reported by Bitcoinist, Republican state senator Dusty Deevers introduced a bill in January allowing Oklahoma employees, residents, and businesses to accept BTC payments.

Senate Bill 325 (SB325) aims to allow employees to choose BTC as a payment method and allow vendors to accept BTC for goods and services, offering Oklahomans an opportunity to protect their salaries and investments from inflation.

The bill seeks to “establish a framework for the secure use of Bitcoin by the State of Oklahoma, private businesses, and individual residents,” authorize Bitcoin as an acceptable medium for transactions, salaries, and investments, and ensure participation is “entirely voluntary, respecting the free-market principles.”

Nonetheless, the legislation has not advanced since February, when it was referred to the Technology and Telecommunications Committee.

With no other SBR-related bill in the state, the race continues to be led by Arizona’s SB1025 and SB1373, New Hampshire’s HB302, and Texas’s SB21.

Glider’s $4M Raise Signals AI-Crypto Synergy; SUBBD Poised to Capitalize On This Boom

чт, 04/17/2025 - 17:38

Decentralized Finance (DeFi) offers investors powerful tools to invest in crypto, with little interference from outside forces.

But navigating DeFi can be a major pain, with complicated interfaces and advanced investment techniques.

Now, the planned DeFi platform Glider aims to smooth out DeFi investment by incorporating advanced AI for a simpler approach.

The fusion of AI and DeFi took a significant leap as Glider secured $4M in funding. Led by Andreessen Horowitz, the VC investment move underscores the escalating interest in AI crypto solutions such as SUBBD Token ($SUBBD).

Decentralizing AI: Glider’s Strategic Funding

Glider’s successful $4M funding round, led by venture capital giant Andreessen Horowitz, highlights the growing investor confidence in AI-driven DeFi platforms.

Glider wants to enhance user experience by integrating AI to automate trading strategies, while still ensuring users retain full custody of their assets.

The broader crypto community views this investment as a testament to the potential of AI in revolutionizing decentralized finance.

Glider’s $4M raise is only the tip of the iceberg; industry analysis by Tracxn indicated that venture capital firms funneled $917M into decentralized AI ventures.

Decentralization, long a pillar of the crypto and blockchain community, works well for financial ventures but has run into roadblocks with AI.

Most AI research, and the leading AI initiatives, are concentrated in the hands of a small number of large companies; indeed, the entire AI economy is mostly powered by the data owned by a few tech behemoths like Alphabet (GOOG), Amazon (AMZN), and Microsoft (MSFT).

There are growing questions abound how AI addresses issues of data privacy, algorithmic transparency, and the need for user-centric solutions. Glider’s embrace of a decentralized, non-custodial DeFi platform with innate AI capabilities could provide real-world answers to those questions.

And Glider isn’t the only game in town.

SUBBD Token ($SUBBD): New AI Crypto Project Introducing User-Centric Solutions

While Glider focuses on DeFi, SUBBD Token ($SUBBD) emerges as a forward-thinking project at the intersection of AI and the $85B creator economy.

Fans and creators have long been forced to rely on platforms as middlemen. This cuts into potential earnings for content creators while adding barriers to interactions between creators and fans.

The SUBBD Token could change it all – and the platform uses both AI and the blockchain to do it.

Tokenization places content on-chain, making it far easier to track and monetize. The $SUBBD token itself provides holders with a number of benefits, including:

  • 20% presale staking, replaced after the first year with added platform benefits
  • Platform discounts, allowing fans to subscribe for less
  • Exclusive content drops, giving fans more chances to see their favorite creators
With AI tools, creators and fans can interact with, create, and manage AI influencers.

In time, they’ll be able to direct influencer livestreams, videos, and voicenotes, all directly from the SUBBD platform.

The first stage of SUBBD’s development is already complete, with Phase 2 well underway.

The project has raised $181K so far, so now is the perfect time to buy $SUBBD and join the first-movers. Our $SUBBD price prediction targets $0.301 by year-end, a 5x increase from the current price.

SUBBD Token’s Place in the Evolving AI-Crypto Landscape

Blockchain provides transparency, AI makes things simple and easy to use.

In a nutshell, that’s why Glider raised so much so quickly, and it’s the same reason that SUBBD Token could be one of the best AI crypto presales in 2025.

$SUBBD is strategically positioned to capitalize on the AI-crypto trend by offering a content creation solution that addresses current market gaps.

Don’t take our word for anything, of course. Always do your own research, and think carefully before making any purchases. None of this is financial advice.

As the industry continues to evolve, projects that prioritize user empowerment and technological innovation, like SUBBD Token, are likely to thrive. It could play a pivotal role in shaping the future of AI-integrated crypto projects.

Bitcoin Accumulation Trend Score Hits 2025 High: What It Means

чт, 04/17/2025 - 16:30

Data shows the Bitcoin Accumulation Trend Score has seen a rise to the highest point of the year. Here’s what this could mean for the asset’s price.

Bitcoin Accumulation Trend Score Has Hit The 0.34 Mark

In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Accumulation Trend Score of Bitcoin. The “Accumulation Trend Score” here refers to an indicator that tells us about whether the BTC investors are accumulating or not.

The metric makes use of the balance changes happening in the wallets of the holders in order to calculate its value. Additionally, it also applies the size of the balance of the investors as a weighting factor on these changes. This means that larger entities have a larger influence on the indicator.

When the Accumulation Trend Score is greater than 0.5, it means the the large investors (or alternatively, a large number of small addresses) are accumulating. The closer is the metric’s value to 1, the stronger is this relationship.

On the other hand, the indicator being under 0.5 suggests the holders are in a phase of distribution (or possibly, they are just not participating in accumulation). In this case, the extreme point lies at 0.

Now, here is the chart shared by the analytics firm that shows the trend in the Bitcoin Accumulation Trend Score over the last few months:

In the graph, the curve represents the price of the cryptocurrency and the shaded dots the Accumulation Trend Score associated with the corresponding date. A light yellow color means a value close to 0, while a dark purple one close to 1.

From the chart, it’s visible that the Bitcoin Accumulation Trend Score had a light shade back in January, meaning the investors were participating in strong distribution.

As the price has topped out and declined since then, the indicator’s value has registered an increase, a sign that selling behavior has been waning among the investors.

Today, the metric has reached a shade corresponding to a value of 0.34, which is the highest that it has been since the start of the year. “This suggests that, on aggregate, wallets are beginning to re-enter accumulation mode, with larger cohorts stepping in modestly despite recent price weakness,” notes the analytics firm.

Obviously, the market behavior hasn’t shifted to that of outright accumulation just yet, but the trend is naturally still positive given the bearish action that Bitcoin has gone through recently.

BTC Price

Bitcoin has witnessed a minor pullback during the past day as its price has dropped to $84,700.

OKX US Expansion Could Spark a Meme Coin Boom – 3 Meme Coins to Watch Now

чт, 04/17/2025 - 16:03

Something big just happened in crypto – and it might be the spark that sets off the next frenzy for meme coins.

OKX, one of the largest global crypto exchanges, is expanding into the US market. This means more access, more trading options, and potentially a lot more money flowing into the crypto world.

Meme coins, which thrive on hype and fresh capital, could be the first to feel the impact.

With the lines between serious investing and internet culture getting blurrier every day, this move could supercharge the best meme coins and new crypto presales.

Why the OKX US Expansion Matters

The US has long been one of the biggest markets for crypto, but access has often been limited by regulation and poor platform choices. Now, OKX is rebranding its US entity, Okcoin, and bringing everything under the OKX name.

Roshan Robert, a former Barclays and PwC executive, will lead the effort as CEO.

Along with the new leadership, US investors will get access to OKX’s full-featured trading platform and wallet. This means best altcoins will soon have a much wider American audience – and that could drive serious momentum.

Here are three meme-fueled projects that could ride this wave of new attention and capital.

1. BTC Bull Token ($BTCBULL) – Meme Energy with Real Bitcoin Ties

BTC Bull Token ($BTCBULL) isn’t your average meme coin – it’s a high-voltage blend of Bitcoin fanaticism and meme coin excitement.

Priced at just $0.002465, this token has already raised over $4.7M in its presale, riding the wave of optimism surrounding $BTC’s march toward $1M.

What sets BTC Bull apart is its rewards system, which lets holders earn actual $BTC – not just more meme tokens. But there’s a twist: to get the airdrops, you must buy $BTCBULL through Best Wallet and hold it there. No other wallet qualifies.

Once you meet those two conditions, you’ll start receiving $BTC and more $BTCBULL tokens every time $BTC hits major price targets like $150K, $200K, or even $250K.

This makes $BTCBULL one of the only meme coins that connects community hype with real $BTC rewards.

The token also features $BTC-linked supply burns, reducing the total token supply as $BTC climbs – creating a scarcity effect that could drive value higher.

$BTCBULL isn’t just trying to be the next viral token – it’s a full-blown meme-powered movement.

And as OKX opens the door to more US investors, $BTCBULL is perfectly positioned to catch that wave.

2. Mind of Pepe ($MIND) – Where Memes Meet AI Madness

Mind of Pepe ($MIND) is what happens when you give a meme frog an AI brain and set it loose online.

Priced at $0.0037165 and with over $8M raised in its presale, this project is part meme, part madness – and it’s aiming to be the first meme coin with its own evolving AI agent.

The Mind of Pepe AI isn’t just some gimmick. It has access to the blockchain, its own wallet, and can interact with dApps.

It even runs its own account on X, where it uses hive-mind analysis to sniff out crypto trends before they happen. And yes, only $MIND holders get access to the exclusive insights it shares in token-gated communities.

Interestingly, OpenAI recently unveiled its new O3 and O4 mini models – small but powerful AI systems built for real-world applications.

And the timing couldn’t be better. The rise of advanced AI agents adds credibility to $MIND’s mission and suggests a future where meme coins can actually think for themselves.

The AI can also create its own tokens, distribute them to $MIND holders first, and use its social media clout to promote them.

Staking rewards? Only available to $MIND presale buyers.

Insider access to new tokens and insights? Reserved for the $MIND community.

As OKX’s expansion brings more eyes to the crypto space, $MIND’s blend of AI innovation and meme culture could make it a standout hit.

3. Dogwifhat ($WIF) – A Meme Coin with Bark and Bite

Dogwifhat ($WIF) is a Solana-based meme coin that has captured the crypto community’s attention with its unique branding and active community engagement.

This meme coin has a fixed supply of 998.9M tokens, with no mechanisms for staking, burning, or minting additional tokens. This simplicity aligns with the project’s ethos of being ‘literally just a dog wif a hat.’

Right now, $WIF is trading at $0.3764, boasting a market capitalization of around $376M and a 24-hour trading volume exceeding $161M.

Despite its lack of inherent utility, Dogwifhat has achieved significant market presence, with listings on major exchanges and a market capitalization that reflects its popularity among meme coin enthusiasts.

The project gained significant attention through a community-driven initiative aiming to feature the Dogwifhat logo on the Las Vegas Sphere, a high-tech arena known for its 360-degree LED display.

The project raised nearly $700K for the campaign, but after failed negotiations and an inability to finalize a deal with the venue, they abandoned the effort.

With OKX expanding into the US market, meme coins like $WIF could see increased accessibility and trading options.

Its blend of meme culture and community-driven initiatives positions it as a potential standout in the upcoming meme coin bull run.

Meme Season Incoming?

With OKX stepping into the US spotlight, meme coins are about to get a whole new audience.

Whether you’re eyeing Bitcoin-linked tokens like $BTCBULL, self-evolving AI experiments like $MIND, or community-powered memes like $WIF, there’s no shortage of projects riding the next wave.

Don’t forget to always do your own research (DYOR). Investing in crypto is risky, and meme coins can be extra spicy.

Bitcoin Consolidation Near $83,000 Could Spark Rally After Bullish MACD Cross

чт, 04/17/2025 - 15:00

Bitcoin (BTC) price has been consolidating within a narrow channel between $83,200 and $85,800. According to crypto analyst Titan of Crypto, the top cryptocurrency may soon witness a shift in momentum as the Moving Average Convergence Divergence (MACD) indicator recently flashed a bullish cross.

Bitcoin Primed For A Momentum Shift?

In an X post published today, noted crypto analyst Ali Martinez highlighted that BTC is currently trading within a channel, with the upper boundary at $85,800. With the $83,200 support holding strong, BTC may soon rebound toward the midpoint around $84,500 or test the upper end of the channel.

Supporting Martinez’s analysis, crypto trader Daan Crypto Trades noted that BTC has been trading tightly within a 4% range over the past four days. The trader commented:

So you can understand that plenty of longs & shorts have been building up on both sides here. This will likely result in a larger move as one side eventually gets squeezed out.

Daan urged investors to watch closely for a decisive move below $83,000 or above $86,000, suggesting that a clean breakout from these levels could mark the beginning of BTC’s next major price move.

Meanwhile, crypto analyst Merlijn The Trader echoed similar sentiments. The trader hinted at a potential short squeeze, suggesting that after a brief dip – possibly liquidating long positions – BTC could trap short sellers and then surge upward.

BTC MACD Makes Bullish Cross

In a separate X post, Titan of Crypto pointed out that BTC has just made a MACD bullish cross on the 3-day chart. The analyst remarked that a momentum shift may be underway and that BTC could be targeting price levels as high as $135,000.

For those unfamiliar, a MACD bullish cross occurs when the short-term trend overtakes the long-term trend, indicating increasing upward momentum. This signal is often interpreted as a sign that prices may begin to rise.

The last time the BTC 3-day chart showed a MACD bullish cross, the price surged over 90%, rising from around $60,000 to as high as $108,000. However, the cryptocurrency faces multiple major resistance levels in the short-term.

In other news, Bitcoin’s hashrate recently reached a new all-time high, suggesting the asset may be undervalued at current levels. At the time of writing, BTC is trading at $84,772, down 0.7% over the past 24 hours.

BTC Bull Token to 100x Alongside Panama & South Korea’s Plans for Crypto Payment Adoption

чт, 04/17/2025 - 13:51

Panama City is to become the first-ever municipality in Panama to accept digital assets for service transactions.

The capital city (that’s already cherished as a banking hub) is reportedly gearing up to launch a new payment system. It’ll convert crypto to US dollars for the Mayor’s Office.

Panama District Mayor Mizrachi and the City Council are already in agreement on this financial initiative. But they are yet to confirm which virtual assets it’ll support.

As the default leader, Bitcoin ($BTC) is likely the front-runner. This could translate into amplified returns for the BTC Bull Token ($BTCBULL), a new meme coin on presale that dishes out free $BTC when the OG coin breaks a new record.

Panama City & Seoul’s Crypto Payment Adoption Could Fuel $BTC’s Future

Panama City’s crypto initiative is all about upgrading the way money moves – it’ll make payments more manageable and transparent. Citizens will even be able to pay their obligations and taxes with crypto.

Owing to the blockchain’s many use cases, Panama is not the only region eyeing crypto payment adoption. Inspired by Trump’s crypto-friendly stance, South Korea is looking to streamline blockchain and digital assets in one unified industry model.

In order to foster blockchain and virtual assets as a single industry, I will eliminate regulations as much as the Trump administration in the United States did,’ commented Presidential candidate Hong Joon-pyo.

In fact, Seoul’s top financial officials began speeding up crypto efforts last month. They’ve pushed for the inclusion of $BTC in national reserves and the creation of a won-backed stablecoin.

This growing interest in crypto payment adoption strengthens the long-term narrative of $BTC (as the crypto king) evolving from a speculative asset into an essential part of modern finance worldwide – precisely the kind of momentum the new meme coin $BTCBULL is built to capitalize on.

BTC Bull Token Presale to Heat Up Amid More $BTC Mainstream Attention

Despite not yet going public, $BTCBULL already stands tall in the presale arena. It raised a hefty $500K within just one day of going live and has hit the $4.7M milestone since.

Generating presale buzz, BTC Bull Token gives out $BTC airdrops when the crypto king crosses certain price milestones: $150K and $200K.

$BTC hitting these ambitious targets might be a short stone’s throw away. This is especially true when considering that Panama City and South Korea’s combined population of 53M+ will likely start buying more $BTC, uplifting its price as a consequence.

When $BTC eventually reaches its ultimate $250K target, you’ll be able to snag free $BTCBULL – an advantageous no-cost entry point to snag the coin before its price likely takes off once it hits the best crypto exchanges.

Early birds can earn more passive income by staking $BTCBULL at an 87% APY. BTC Bull Token sets aside a substantial 10% of the total token supply for staking rewards.

And it doesn’t end there. The team will burn a portion of $BTCBULL when $BTC reaches $125K, $175K, and $225K. Reducing the total token supply will enhance scarcity, likely boosting the value of remaining tokens as more demand kicks off.

Buy BTC Bull Token, Enjoy Free Access to the $BTC Bull Run

Panama City and South Korea’s push for crypto payment adoption could significantly lay the groundwork for $BTC’s mainstream acceptance.

So, if you want a front-row seat in the next Bitcoin bull run, coupled with global adoption tailwinds, free $BTC airdrops, and built-in scarcity, joining the BTC Bull Token presale might be your smartest crypto play yet.

You can buy $BTCBULL on presale for just $0.002465. Considering that we predict its price to reach $0.00835 (nearly a 240% spike compared to its current value), there’s no better time to invest.

In fact, it has what it takes to soar 100x. This is especially true when taking into account that two whales recently injected $10,666.73 and $10,035.26 into the early raise. And they’re not the only whales betting big on a major $BTCBULL breakthrough.

To be eligible for the free airdrops, you must buy $BTCBULL on the Best Wallet app, the world’s first crypto wallet to feature the best crypto presales, alongside new meme coins.

But this is not investment advice. Once going live, the prices of new meme coins can fall as quickly as they jump. So, do your own research, keep on top of market changes, and never spend more than you’d like to lose.

Crypto Winter Ahead? Coinbase Warns of Bearish Signals Across the Market

чт, 04/17/2025 - 13:30

Cryptocurrency markets are showing several converging signs of weakness, suggesting a potential onset of another “crypto winter,” according to a recent report by Coinbase Institutional.

Despite a brief price recovery in Bitcoin, broader indicators are flashing caution due to sustained macroeconomic uncertainty and diminished capital inflow into the sector.

Venture Capital Pullback and Shifting Metrics

David Duong, Head of Research at Coinbase Institutional, outlined the current market in a note published Tuesday. He emphasized that the total crypto market capitalization, excluding Bitcoin, has declined by over 41% since peaking at $1.6 trillion in December 2024, now sitting around $950 billion.

This figure is also down 17% from the same time last year and even lower than levels recorded between August 2021 and April 2022. Meanwhile, Bitcoin has shown relative strength with a smaller 20% drop during the same timeframe, increasing its market dominance.

Duong highlighted the ongoing retreat of venture capital investment in crypto, which, despite a slight uptick in Q1, remains 50% to 60% below the peak levels from the 2021–2022 cycle. This decline has limited the introduction of new liquidity, especially for altcoins, thereby amplifying concerns about the health of the broader market.

Instead of relying on price swings alone—often misleading in crypto due to inherent volatility—Duong suggests using risk-adjusted metrics and long-term moving averages for more accurate trend analysis.

For example, during the last major correction from November 2021 to November 2022, Bitcoin declined 1.4 standard deviations below its historical average, a move comparable in significance to a 1.3 standard deviation drop in equities during the same period.

Duong noted that while these z-score measures are informative, they tend to lag in stable markets and may not quickly capture shifts in investor sentiment. As a complement, Coinbase Institutional monitors the 200-day moving average (200DMA) to identify sustained bull or bear trends.

According to this model, Bitcoin’s drop below its 200DMA in March signals a bearish turn, while the COIN50 Index, which tracks the top 50 crypto assets by market cap, has been in bear territory since February.

Market Structure Under Pressure but Potential Stabilization Ahead

The report also pointed to systemic pressures caused by high interest rates, trade tariffs, and ongoing macroeconomic uncertainties. These factors have weighed heavily on traditional risk assets and, by extension, digital assets.

Duong noted that despite positive regulatory developments in the US, such as increased institutional adoption and pending legislation, these tailwinds have not yet reversed the broader negative trend. Still, the Coinbase Institutional outlook is not entirely bleak.

Duong stated that while investors should maintain a defensive posture for now, market sentiment could stabilize in mid-to-late Q2, potentially setting the stage for a recovery in Q3 2025. He emphasized that when a market reset occurs, it often does so rapidly—making it important for long-term investors to stay prepared.

Featured image created with DALL-E, Chart from TradingView

US Exchanges Are Regaining Bitcoin Volume Dominance: What Happened Last Time

чт, 04/17/2025 - 11:00

On-chain data shows the US-based exchanges have seen a reversal in their Bitcoin volume dominance. Here’s what this trend led to last time.

Bitcoin US Vs Off-Shore Ratio Has Been Rising Recently

As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the US vs. Off-Shore Ratio is currently showing a reversal. The “US vs. Off-Shore Ratio” keeps track of the ratio between the Bitcoin volume involved in trades on the American platforms and that on the foreign ones.

When the value of this metric is greater than 1, it means the US-based exchanges are dominating in terms of volume compared to the rest of the world. On the other hand, it being under the mark suggests off-shore platforms are witnessing a higher amount of trading activity.

Now, here is the chart shared by the analyst that shows the trend in the Bitcoin US vs Off-Shore Ratio over the last few years:

As is visible in the above graph, the US vs. Off-Shore Ratio witnessed a sharp increase in 2023 and broke above the 1 level, signaling the return of dominance from the US-based exchanges. It has since remained in this region, with a second leg up occurring in the second half of last year.

While the indicator continued the trend from last year and observed a rise to an even higher peak in January, it has since noted a sharp reversal. Though, despite the drop, its value continues to be above the 1 mark, which suggests American platforms are still the dominant ones in Bitcoin volume, albeit to a much smaller degree.

From the chart, it’s apparent that very recently, the Bitcoin US vs. Off-Shore Ratio has shown early signs of another turnaround, as its value has marked a small improvement.

In the graph, the analyst has highlighted the previous instance of the indicator witnessing such a reversal. This last turnaround, which came when the asset was trading around $60,000, led into a rally that took the price to new highs.

Something that’s still missing for the indicator’s reversal at present to be confirmed is the trend in the 90-day and 365-day simple moving averages (SMAs). During the previous turnaround, the two lines observed a crossover.

Recently, these SMAs have been approaching each other, so it’s possible that another crossover may be coming soon. Going by the previous trend, the increase in activity on the American exchanges could once again prove to be bullish for Bitcoin. As of now, though, the crossover hasn’t been confirmed.

BTC Price

At the time of writing, Bitcoin is floating around $84,000, up more than 10% in the last seven days.

Bitcoin Core V29 Ends Battle Dating Back To Satoshi

чт, 04/17/2025 - 10:00

Bitcoin Core v29 has just been released, signaling the resolution of a debate within the Bitcoin community that stretches all the way back to the days when Satoshi Nakamoto was still actively discussing new ideas on Bitcointalk. The announcement arrived with a statement in the release notes explaining that, starting with v28.0, the “-mempoolfullrbf” startup option had defaulted to 1 and that, with widespread adoption of the practice, the option was now removed entirely.

The official notes read: “Starting with v28.0, the -mempoolfullrbf startup option was set to default to 1. With widespread adoption of this policy, users no longer benefit from disabling it, so the option has been removed, making full replace-by-fee the standard behavior. (#30592)”

In response to this milestone, longtime Bitcoin developer Peter Todd posted via X, “The battle for Full-RBF is finally over.” He was soon asked by a user how long the struggle had lasted, and Todd replied, “Over a decade… 2013 IIRC. Even longer if you count it from when Satoshi first mentioned RBF in Dec 2010.”

Bitcoin Core v29 Declares Full-RBF The New Standard

Full Replace-by-Fee (Full-RBF) is a policy that allows any unconfirmed transaction sitting in the mempool to be replaced by another transaction that pays a higher fee, regardless of whether the initial transaction signaled replaceability. This policy builds on earlier discussions dating back to December 2010, when Satoshi Nakamoto briefly floated the idea of allowing transaction replacement as a means to prevent network congestion and address stuck transactions. Several years later, in 2013, Peter Todd began advocating more forcefully for RBF as a remedy to the common user complaint that low-fee transactions could remain unconfirmed for hours or days if the network was overloaded.

The debate that developed around Replace-by-Fee, and later Full-RBF, became a flashpoint for broader questions about Bitcoin’s purpose, security, and everyday usability. On one side were those who saw transaction replacement as an inevitable and beneficial evolution of Bitcoin’s transaction-processing logic. They argued that it aligns well with Bitcoin’s fee market incentives—miners naturally choose higher-fee transactions—and that it provides greater reliability for users by allowing them to “bump” a transaction fee after realizing their initial fee might be too low.

The counterargument came mostly from merchants and services that relied on so-called zero-confirmation transactions, often used for small payments such as buying a coffee or making quick point-of-sale purchases. Opponents of Full-RBF argued that enabling any unconfirmed transaction to be replaced would make zero-confirmation payments too risky, as malicious actors could double-spend by broadcasting a conflicting transaction with a higher fee.

This issue of zero-confirmation payments—commonly called 0-conf—was particularly divisive. Some merchants considered 0-conf good enough for low-value transactions because the incentives to cheat were minimal. However, developers in favor of RBF argued that 0-conf was never a sound security assumption in the first place, because double-spends were theoretically possible regardless.

The introduction of opt-in RBF in 2016 (via BIP125 and Bitcoin Core 0.12.0) formalized this debate: transactions could include a flag signaling their willingness to be replaced, but miners and nodes could still choose whether to honor the replacement. Bitcoin Core has steadily moved toward broader RBF use in the years since, culminating with v29 in April 2025, which fully adopts the policy network-wide by default.

The debate also spilled over into other Bitcoin forks and communities. Bitcoin Cash, which emerged in 2017 with a focus on larger block sizes and low fees, largely rejected RBF in favor of preserving zero-confirmation features. Proponents of Bitcoin Cash often saw Full-RBF as a step in the direction of turning Bitcoin into a strictly “store of value” system, rather than a payment network for everyday transactions. Bitcoin Core developers, for their part, tended to argue that Bitcoin’s long-term scaling relied on second-layer solutions, such as the Lightning Network, where near-instant transactions are possible without relying on unconfirmed on-chain payments.

Over the years, miners generally leaned toward policies that maximize fees and network efficiency, though some were initially hesitant to adopt Full-RBF if it threatened to fracture the network into competing mempool policies. Merchants, payment processors, and Bitcoin ATM operators that favored zero-confirmation transactions resisted Full-RBF for obvious reasons: it undermined the trustworthiness of unconfirmed payments. Yet the momentum toward broader adoption of RBF never ceased, supported by the argument that it reflects the economic reality of how miners and users interact with the fee market.

Now, with Bitcoin Core v29, the final step has been taken: Full-RBF is the standard behavior, with no option to disable it. That shift closes a decade-plus chapter of argument and technical back-and-forth, one that Peter Todd alludes to when he says it goes back “even longer if you count it from when Satoshi first mentioned RBF in Dec 2010.”

At press time, BTC traded at $84,024.

From Courtroom To Crypto: Semler Scientific Files To Buy $500-M In Bitcoin

чт, 04/17/2025 - 09:00

Semler Scientific is looking to raise $500 million in new securities after settling a large case with the Department of Justice, according to company filings. The health care technology company will use some of the money to expand its crypto holdings, which are already in excess of 3,000 coins.

Company Enters $30 Million Settlement With Justice Department

As per recent Securities and Exchange Commission (SEC) filings, Semler Scientific has reached a $29.75 million settlement with the Department of Justice regarding marketing practices for its QuantaFlo product. The probe, which started in 2017, centered on potential violations of federal anti-fraud laws regarding the manner in which the company marketed its flagship product.

The settlement negotiations progressed in recent months following years of cooperation with several subpoenas. The deal is not complete yet, according to the company’s Tuesday SEC filing, but Semler has already obtained a way to finance the payment.

Coinbase Loan To Fund Settlement Without Selling Bitcoin

Instead of liquidating its cryptocurrency holdings, Semler intends to use a loan from Coinbase to settle the DOJ case. The loan will be secured by the company’s large Bitcoin reserves, which stand at 3,190 BTC valued at about $267 million at current market prices.

This funding strategy enables Semler to satisfy its legal requirements without liquidating its cryptocurrency holding. With Bitcoin as collateral, the company can preserve its balance sheet strength while fulfilling the settlement needs.

Half-Billion Dollar Securities Filing Points To Bigger Crypto Plans

Apart from the settlement expenses, Semler has submitted an S-3 registration to the SEC to sell $500 million worth of securities. The filing indicates the company is not merely raising cash to pay the DOJ settlement but wants to increase its Bitcoin holding substantially.

The action is made at a time when other businesses continue to accumulate Bitcoin into their coffers. According to reports in the filing, Michael Saylor’s firm recently bought 3,450 bitcoins worth $286 million, increasing its holdings to 531,640 bitcoins. Another company, Metaplanet, acquired $26 million worth of Bitcoin over the same time.

Market Analysts Remain Bullish Despite Price Swings

The timing of Semler’s intended Bitcoin buys is during market volatility yet also forecasts of extreme price appreciation. An analyst, who goes by the handle “Titan of Crypto” forecasted Bitcoin to hit $137,000, although no timeframe was given for that price level.

The healthcare technology firm has not indicated precisely when it will finish its securities offering or make further Bitcoin buys. Nevertheless, the SEC filing clearly indicates that adding to cryptocurrency holdings is still a priority in addition to paying for the DOJ settlement.

Featured image from Pexels, chart from TradingView

Dogecoin Whales Are Back In The Market: How Much DOGE Have They Bought Since?

чт, 04/17/2025 - 08:00

Recent on-chain data has revealed that Dogecoin whales are back in the market and accumulating tokens en masse. Based on the current state of the market, these whales appear to be taking advantage of low prices to buy more DOGE tokens in hopes of an imminent rally.  

Dogecoin Whales Are Back In Action

In an X (formerly Twitter) post on April 15, crypto analyst Ali Martinez announced that Dogecoin whales have returned to the scene with significant accumulation activity after initiating a massive sell off previously. These large-scale crypto holders reportedly acquired over 800 million DOGE tokens within a 48-hour period. With Dogecoin trading around $0.16 at the time, the total value of the purchase amounted to roughly $130 million. 

The analyst presented a chart which tracks the holdings of wallets containing 1 billion DOGE or more, revealing a sharp increase in accumulation beginning around April 9, with holdings remaining elevated through April 14. 

This influx of whale interest aligns closely with an upward movement in Dogecoin’s price, which rose from approximately $0.153 to around $0.165 during the same period. The timing and scale of this accumulation also suggest a shift in sentiment and confidence among these big players, often seen as an indicator of potential upward momentum.

Over the past month, the Dogecoin price has declined to $0.154 after dropping by 11.3%. Considering the meme coin’s significantly low price compared to its previous high earlier this year, it appears that Whales could be taking a buy-dip approach to accumulate as many tokens as possible during the current market downturn. 

Notably, the recent 800 million DOGE acquisition isn’t the only large-scale whale purchase this month. On April 11, Martinez reported that whales had also scooped up over 80 million DOGE, a buy valued at approximately $13 million at the time. 

This surge in whale activity suggests growing optimism among large traders, possibly reflecting expectations of a price recovery. Supporting this outlook. Martinez revealed that approximately 72.13% of long-term Dogecoin traders are currently holding long positions. This metric reflects a firm conviction in Dogecoin’s potential to rally, especially if broader market conditions begin stabilizing. 

DOGE Price Gears Up For Higher Pump

In one of his latest analyses on X, Trader Tardigrade, a well-known crypto analyst, predicted that the Dogecoin price is gearing up to challenge the downtrend and rebound higher. The analyst unveiled that the meme coin is currently forming a prolonged Symmetrical Triangle pattern on its chart, indicating the possibility of a bullish turnaround.

According to Trader Tardigrade, the longer Dogecoin’s consolidation is within this Symmetrical Triangle, the stronger its momentum grows. This supports the possibility that once Dogecoin breaks out of the triangle, it could see a higher pump to new levels.

Cardano Enters Brazil Through Major University Collaboration

чт, 04/17/2025 - 06:30

The Cardano Foundation has formally announced a new partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), a top-ranked Brazilian university renowned for its contributions to research and development. The collaboration, revealed on April 15, will concentrate on the advancement and practical application of blockchain technology, specifically within the energy sector in Brazil.

Cardano Partners with Top Brazilian University

PUC-Rio is recognized as one of the top five private universities in the world for excellence in research and development, and it has a broad history of partnerships within the energy industry. The establishment of this collaboration follows previous cooperative efforts between PUC-Rio and the Brazilian state-owned enterprise Petrobras, as well as the Cardano Foundation’s own involvement with Petrobras on blockchain-driven initiatives.

Through this new endeavor, PUC-Rio’s Ledger Labs—a research group concentrating on the utilization of DLT in finance and business—will receive support from the Cardano Foundation to explore various aspects of blockchain implementation. According to official statements, the initial areas of focus will include blockchain economics, decentralized finance (DeFi), governance of decentralized autonomous organizations (DAOs), and digital assets.

“At the core of blockchain advancement are education and innovation. Through our collaboration with esteemed academic institutions like PUC-Rio, the Cardano Foundation ensures that the next generation of developers, industry leaders, and regulators can harness this transformative technology to its fullest potential—creating solutions that address real-world challenges and drive positive global impact,” Cardano Foundation CEO Frederik Gregaard commented.

The immediate emphasis of this alliance will be directed toward developing blockchain-based solutions that enhance production, consumption, and overall value chains in renewable energy fuels. Joint research and pilot projects in cooperation with Petrobras are expected to delve into specific methods of applying Cardano’s blockchain infrastructure to processes such as tracking and verifying energy outputs, optimizing workflows, and ensuring robust data integrity.

Ledger Labs at PUC-Rio will serve as the operational base for these studies. Leonardo Lima, Vice-Dean of the university and head of Ledger Labs, noted that the scope of the partnership will also encompass philanthropic endeavors geared toward social impact. “Our partnership with the Cardano Foundation marks the beginning of the development of a series of use cases, not only in the energy industry but also in the field of philanthropy, with a focus on social impact projects,” he said.

Beyond the technological and scientific research, the partnership aspires to enrich PUC-Rio’s blockchain ecosystem by hosting joint events, supporting student-led social projects, and inviting other organizations to collaborate on emerging blockchain strategies. A significant part of this development will occur through A.L.B.A (Ada Labs for Blockchain Applications), an arm of Ledger Labs that is expected to integrate standards previously introduced at the Universidad Tecnológica Nacional (UTN) in Buenos Aires, Argentina.

The Foundation’s current expansion in Brazil reflects its growing footprint in the region. “Our partnership with PUC-Rio marks the Cardano Foundation’s second collaboration with a Brazilian entity this year. Last month, we announced our partnership with SERPRO, the world’s largest public IT company, and we have been collaborating with Petrobras, Brazil’s state-owned energy company, since 2023,” said Rafael Fraga, LATAM Business Development Lead for the Cardano Foundation.

At press time, ADA traded at $0.605.

Solana Eyes Market Shift: Key URPD Indicator Forms The Largest Supply Cluster

чт, 04/17/2025 - 05:00

Over the past week, Solana has maintained a notable bullish performance, rising by more than 20% after a recent drop to the $100 support zone on April 9. While SOL has recovered its upward trend, key metrics show a major area of interest in its price dynamics for a significant number of investors.

Massive URPD Supply Cluster Amid Solana’s Price Fluctuation

Glassnode, a leading on-chain data and financial platform, has outlined a crucial shift in Solana’s price dynamics as it attempts to overcome crucial resistance areas. In the recent analysis shared on X, Glassnode points to several price zones that are vital for the altcoin’s future performance.

After delving into the UTXO Realized Price Distribution (URPD) indicator, the platform reveals that SOL has formed the largest supply cluster in recent history. This notable accumulation of investor-held SOL around a particular price point identifies a key region of interest that may serve as a crucial support or resistance zone

According to Glassnode, SOL’s URPD shows that the cost basis has significantly changed in the last 2 days as the largest supply cluster emerges. Looking at the data, the massive supply cluster occurred at the $129.79 level, where investors accumulated more than 32 million SOL, representing 5% of the altcoin’s overall supply.

With market participants heavily concentrated in this range, Solana might be approaching a pivotal moment where the direction of the price could be determined by buyers’ or sellers’ domination of the trend. During future declines, this zone may serve as support, reflecting strong investor activity at the price level.

The second largest supply cluster is located at $144.54. At this level, investors purchased over 27.5 million SOL, which stands as a significant barrier to price upswings and could also act as robust support if the altcoin surpasses the level.

Below the $129 mark, Glassnode noted that the next support for Solana is at $117.99, where 18 million SOL, or 3% of the total supply, were acquired by investors. With $129 acting as the crucial pivot zone, $144 may serve as resistance in the short term and $117 as the bottom bound of the price range.

SOL’s Display Upside Potential To Higher Levels

Even though SOL’s price has been facing volatility, now might be the right time to purchase the dip as the altcoin gears up for an upward move. Ali Martinez, a crypto analyst and trader, predicts that Solana is poised for a strong rebound.

Martinez’s forecast is based on a TD Sequential buy signal on the weekly chart. A TD Sequential buy signal is an indication of growing momentum, which implies that the current correction could be nearing its end.

This is the second time in 1 week that the indicator has flashed a buy signal in the weekly time frame in spite of waning price performances. During the first signal, Martinez noted that SOL must maintain its position above $95 and breach $121 to set the stage for a rally to the $147 price level.

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