Cardano price has moved sideways this month, but could be ripe for a strong bullish breakout if Bitcoin rises to $100k as Arthur Hayes predicts. ADA token was trading at $0.640 on Tuesday, a consolidation that may be calm before the storm.
Cardano Price Could Benefit if Bitcoin Hits Arthur Hayes’ Prediction
Arthur Hayes, the founder of BitMex, has come up with a highly bullish Bitcoin price prediction. In an X post this week, he predicted that the coin would eventually surge to $100K in the near term. Such a move would imply a 13% surge from the current level.
Arthur Hayes Bitcoin Price Prediction
Technicals suggest that this prediction is possible as BTC price has formed a double-bottom pattern at $76,485. This is one of the most bullish patterns in technical analysis. A bullish breakout is confirmed once the coin rises above the neckline, which is at $88,415.
A clear breakout above that level will raise the odds of Bitcoin price soaring above $90,000, followed by the psychological level at $100,000. Robert Kiyosaki believes that the Bitcoin price may surge to $180k this year.
Bitcoin Price Chart
Bitcoin has another catalyst: its role as a safe haven. With gold price reaching a record high, there are signs that investors are moving to BTC, which has similar characteristics. Spot Bitcoin ETFs have had inflows in the last two days as the stock market crashed.
Therefore, a Bitcoin price recovery would benefit other altcoins like Cardano, Solana, Pepe, and Hedera Hashgraph. Historically, these assets have a close correlation with Bitcoin.
ADA Price Analysis: Forms a Bullish Pattern
ADA price has been in a downtrend after peaking at $1.322 in November last year. It bottomed to a low of $0.512, its lowest swing this month.
While Cardano remains below the 50-day and 200-day EMAs, it has formed a rare and highly bullish reversal sign. It has formed a falling wedge, which is characterized by two downtrending and converging trendlines.
ADA price has also formed a small bullish pennant. This pattern features a flagpole-like shape and a symmetrical triangle. It often leads to more gains, which is triggered when the two lines near their confluence level.
Cardano Price Chart
Therefore, Cardano price will likely have a bullish breakout. If this happens, the next level to watch will be $1, up by 55% from the current level.
The bullish ADA price forecastwill be canceled if the coin crashes below the lower line of the bearish pennant. A drop below that level will bring the support at $0.456 to view. This price is at the highest swing in July last year.
“This was due to an entity(s) on the Binance perpetuals market. That’s what triggered the entire cascade. The initial drop below $5 was triggered by a ~1 million USD short position being market-sold. This caused over 5% of slippage in literal microseconds. That was the trigger. This seems intentional to me. They knew what they were doing,” the analyst stated.
Pi Network: From Chainlink Buzz to Transparency Fears
Pi Network recorded strong optimism this week as its native Pi Coin surged by double digits. BeInCrypto attributed the surge to the announcement of a key integration with Chainlink.
They pitched this strategic collaboration as a gateway to real-world utility. Specifically, it positioned Pi closer to the broader DeFi and smart contract ecosystem. However, the euphoria proved short-lived.
Allegations suggest that, like the OM token, Pi coin lacks full clarity around circulating supply, wallet distribution, and centralized control. To some, these are potential red flags in an increasingly regulation-sensitive industry.
“The OM incident is a wake-up call for the entire crypto industry, proof that stricter regulations are urgently needed. It also serves as a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” wrote Dr Altcoin.
Pi coin reversed gains within days, falling 18% from its weekly high. At the time of writing, PI was trading at $0.6112, up by a modest 0.7% in the past 24 hours, per CoinGecko.
Grayscale’s Altcoin Shake-Up: 40 Tokens Under Review
This week in crypto also showed that institutional investor interest in altcoins is heating up again, with Grayscale leading the charge.
The digital asset manager unveiled its updated list of assets under consideration for the second quarter (Q2) 2025. BeInCrypto reported that the list featured zero altcoins across sectors such as DePIN, AI, modular blockchains, and restaking. Among the notable tokens being eyed are SUI, STRK, TIA, JUP, and MANTA.
The update reflects Grayscale’s growing thesis around emerging crypto trends, particularly as the firm seeks to expand beyond its core Bitcoin and Ethereum products.
This announcement follows a broader strategic overhaul from three weeks ago when Grayscale reshuffled its top 20 list of altcoins by market exposure. Several older names were dropped at the time, while newer narratives like Solana-based DePIN and Ethereum restaking plays were pushed to the forefront.
The expansion into 40 coins signals Grayscale’s recognition of renewed retail and institutional appetite for differentiated assets. However, inclusion in the list does not guarantee a fund launch. It only indicates Grayscale’s active research.
XRP and SWIFT Partnership: Breaking Down the Rumors
There was speculation this week about a possible partnership between Ripple’s XRP and banking giant SWIFT in crypto.
This narrative was based on a misinterpreted document. A series of cryptic social posts exacerbated the speculation, which some took as confirmation of collaboration between the global payments network and the XRP ledger.
However, BeInCrypto’s in-depth reporting sank the rumors. While Ripple has long pursued banking institutions and SWIFT has shown openness to blockchain innovations, there is no verified partnership between the two.
SWIFT’s public-facing projects around tokenization and digital asset settlement do not include XRP.
Despite the debunking, the rumors sparked an important conversation about XRP’s long-term positioning. The token remains a top-10 asset and a favorite among retail investors banking on utility-driven price appreciation.
With Ripple’s legal battles with the SEC nearing resolution and international CBDC partnerships in the works, the project is far from irrelevant.
US Dollar Dives: What the DXY Crash Means for Bitcoin
The US Dollar Index (DXY) hit a three-year low this week, sending ripples through the crypto markets. Historically, a falling DXY has been bullish for Bitcoin, and this week was no different, with BTC reclaiming above the $84,000 range.
The greenback’s weakness reflects growing fears of fiscal deterioration in the US, as rate cuts loom and Treasury debt soars.
Japan’s 10-year bond yields hit multi-decade highs, forcing the Bank of Japan (BoJ) into increasingly precarious interventions. As Japanese liquidity spills outward, crypto and risk assets have become inadvertent beneficiaries.
This macroenvironment is ideal for Bitcoin. Weakening fiat, rising global liquidity, and crumbling bond market confidence create a perfect storm.
Even after FTX collapse, the exchange isn’t stepping out of the spotlight. In the latest FTX News update, the bankrupt crypto exchange has launched a legal offensive to recover assets in a fresh effort to speed up FTX repayments.
According to a new press release on PR Newswire, FTX has filed lawsuits against NFT Stars Limited and KUROSEMI INC., the company behind Delysium. FTX claims these firms failed to deliver specific tokens that rightfully belong to its estate, even after multiple reminders and negotiation attempts.
With out-of-court talks failing, FTX is now seeking court orders to force the return of the disputed assets.
More Lawsuits on the Horizon
The legal push may just be getting started. FTX has warned that more lawsuits are coming, targeting other token and coin issuers who are allegedly holding onto assets. The exchange is actively reaching out, but if companies fail to cooperate, they can expect swift legal action.
The message is loud and clear: hand over the assets or prepare for a courtroom battle.
On the other side, Crypto analyst Eva Lenoir throws shade at FTX’s legal move, sarcastically calling it a “sheriff” act. She questions where this energy was when Sam Bankman-Fried was mishandling users’ funds, suggesting the lawsuits against NFT Stars and Delysium come far too late to matter.
Moreover, she also believes that the real losers are small investors who’ll bear the cost. She contrasts the chaos with Bitcoin, calling it strong, unshaken, and still shining.
Why FTX Is Ramping Up the Pressure
The FTX legal team emphasized that every asset recovery counts. Returning these tokens could significantly boost the funds available for FTX repayments to creditors who are still awaiting compensation after the exchange’s catastrophic collapse.
While FTX says it prefers to resolve matters amicably, it has made it clear it will not hesitate to pursue aggressive legal remedies if needed.
In its mission to maximize FTX repayments, the collapsed exchange is taking no prisoners. Lawsuits are now firmly on the table, and more companies could soon find themselves in FTX’s crosshairs.
FAQ
What happened to FTX?
FTX collapsed in November 2022 after it was revealed that the company misused customer funds and faced a massive liquidity crisis. This led to bankruptcy, legal investigations, and major losses for users and investors.
How are FTX lawsuits connected to FTX repayment efforts?
FTX lawsuits aim to recover missing crypto assets from companies and individuals. These recovered assets will directly contribute to increasing the FTX repayment pool for creditors.
What caused the FTX collapse?
The FTX collapse was caused by alleged fraudulent practices, poor financial management, and misuse of customer deposits. When these issues came to light, users rushed to withdraw funds, exposing the company’s insolvency.
Why is FTX suing companies like NFT Stars and Delysium?
FTX claims that these companies failed to deliver tokens that were supposed to be transferred to its estate. After unsuccessful attempts to settle the matter outside of court, FTX is now pursuing legal action to recover these assets.
The post FTX News: Lawsuits Filed to Recover Assets and Boost FTX Repayment appeared first on Coinpedia Fintech News
Even after FTX collapse, the exchange isn’t stepping out of the spotlight. In the latest FTX News update, the bankrupt crypto exchange has launched a legal offensive to recover assets in a fresh effort to speed up FTX repayments. According to a new press release on PR Newswire, FTX has filed lawsuits against NFT Stars …
Bitcoin (BTC) might be running the show after recording ATHs in May, but a decline in its dominance could spark an altseason. To frontrun what could be one of the most explosive altcoin seasons, three high-value tokens not to miss this quarter are the Shiba Inu coin, Unilabs (UNIL) and the Solana coin.
These altcoins span the hottest crypto narratives, from memes to AI and DeFi. The SHIB coin and SOL could hit all-time highs in the coming months, while UNIL, a new AI crypto, has staggering upside potential as a low-cap token. In addition, Unilabs’ unique offering—a novel asset manager for digital assets—makes it a bullish wave worth riding.
Unilabs (UNIL): On Experts’ List of the Best AI Coins to Buy Now
Unilabs (UNIL) is the talk of the crypto community due to its novelty—the world’s first AI-driven DeFi asset manager. In addition, its upside potential is astounding. Given its small market size, it has plenty of room to run, making it an investor favorite ahead of the Shiba Inu coin and Solana coin.
It costs just $0.0051 in the second stage of the presale, meaning investors don’t have to break the bank before positioning themselves for significant gains. As adoption looms—potentially capturing a substantial share of the traditional hedge fund capital—it might be this year’s best AI crypto.
Further driving retail and whale interest are its advanced tokenomics and clear roadmap. The ERC-20 token will have a total supply of 18 billion coins, with the largest chunk going into presale and ecosystem development—40% and 20%, respectively. Meanwhile, the roadmap will be divided into four phases and key events to anticipate are CoinMarketCap listing, Tier-1 CEX listing, physical office launch in four locations and regulatory approval in over 12 regions.
Shiba Inu (SHIB): The Leading ETH Memecoin
The Shiba Inu coin hovers above the 50-EMA and 50-SMA, with a breakout expected any day from now. It trades around $0.000014 and bulls eye a rally above its 30-day high of $0.000017.
Moreover, as the leading ETH memecoin and the second-largest dog-themed cryptocurrency after DOGE, its outlook is bullish. Unsurprisingly, bold Shiba Inu price predictions have been flying, highlighting its potential. LucieSHIB, popular for their optimistic SHIB price predictions, suggests the meme token could reach $0.000081 this year.
A more modest Shiba Inu coin price prediction was given by Cryptoshibs, anticipating a rally toward $0.000040—a good crypto to buy. Given its memetic appeal, SHIB is a top DeFi token to invest in, although its growth potential might pale compared to Unilabs, a new AI token.
Solana (SOL): Explosive Gain Projected
Solana technical analysis suggests now is a great time to stack up. Moving averages tilt toward “strong buy,” notably the 20-VWMA and 200-EMA. The Solana coin changes hands around $177 and with a breakout above the 30-day high of $187 close, it is among the altcoins to watch.
According to AkaBull, a leading expert on Crypto Twitter (CT), the Solana price could surpass $300 this year. Even more bullish is FamousCloudzz’s Solana coin price prediction: $500 before the year’s end.
At the current SOL price, it is among the best DeFi coins to buy now. However, considering its substantial market cap, Unilabs might be a more promising alternative due to its small market size and upside potential.
Unilabs (UNIL): A Top AI Coin to Bet on With Solana (SOL) and Shiba Inu (SHIB)
The UNIL token makes the experts’ list of the best DeFi coins to invest in, alongside the Solana coin and Shiba Inu coin, for several reasons. Its unique blend of AI and decentralized finance and significant growth prospects are some of its attractions, pushing early funding past $1.1 million.
For more information about Unilabs (UNIL) visit the links below:
The post 3 High-Value Tokens Not to Miss in Q2 as Altseason Approaches: Shiba Inu, Solana and Unilabs appeared first on Coinpedia Fintech News
Bitcoin (BTC) might be running the show after recording ATHs in May, but a decline in its dominance could spark an altseason. To frontrun what could be one of the most explosive altcoin seasons, three high-value tokens not to miss this quarter are the Shiba Inu coin, Unilabs (UNIL) and the Solana coin. These altcoins …
