High-risk cryptocurrency trader James Wynn is making a U-turn with his Bitcoin gamble. After closing his $1.2B BTC long position, the Hyperliquid trader has opened a new $111 million Bitcoin short with a liquidation price at $149,100. James Wynn Bets Against A Bitcoin Rally With $111 Million Short James Wynn has rocked the ecosystem with a $111.8 million short position on 1,038 BTC hours after closing his previous long position. According to an X post by Whale Insider, the Hyperliquid high-risk trader faces liquidation at $149,1000 with a 40X leverage. The perpetual futures trade follows the closing of a $1.2 billion Bitcoin long position over the weekend. James Wynn faced liquidation at $105K, with experts like CrediBULL Crypto betting against the high-risk trader. Barely 24 hours ago, James Wynn predicted Bitcoin price to climb as high as $121,000, setting a new all-time high this week. However, the new short position… Read More at Coingape.com
Chainlink whales’ recent decision to hoard massive amounts of LINK coins has reverberated substantial optimism surrounding the crypto’s future price movements. On Thursday, April 24, whale data revealed that slightly over $36 million worth of tokens were bagged by large-scale investors in recent days. The upshot? Everyday traders and crypto civilians are now anticipating a price rally in one of the most renowned cryptocurrencies shortly ahead.
Chainlink Whales On Buying Spree Ignite Optimism, Here’s Why
According to the transaction tracker Lookonchain’s X post, numerous fresh whale wallets have embarked upon a Chainlink accumulation spree recently. At least 15 different wallets were recorded to have stacked 2.52 million coins, worth $36.43 million, from Binance.
Notably, these accumulations occurred over the duration of the past week. LINK coin’s price has been up nearly 13% within the same duration, in sync with the heightened buying pressure on the asset.
For context, usual market sentiments remain highly bullish in the wake of rising crypto whale accumulations, as they increase the buying pressure on an asset. Further, the spike in accumulations also signals burgeoning market confidence in a cryptocurrency.
In response, crypto commoners now anticipate whether a bullish breakout lies ahead, as also hinted by the massive Chainlink whale accumulations.
LINK Price Prediction: Here’s What Analyst Has To Say
Despite the massive accumulations recorded, LINK price has tanked over 4% intraday, closing in at $14.20. The crypto fell from a high of $15.23 in the past 24 hours. This volatile price action, despite the massive buying, has sparked some cautiousness among market watchers.
It’s worth pointing out that the current turbulent price action potentially aligns with today’s broader crypto market trend. Bitcoin’s price also faced some volatility, losing 2% in the past 24 hours, banking at $91k. Major-league altcoins have also mainly mimicked this uncertain action.
However, a renowned crypto market analyst has retained a bullish stance on LINK, irrespective of broader trends. Market expert Michaël van de Poppe recently took to X, hinting that utility & DeFi coins are going to be the leaders in the upcoming cycle.
Particularly hinting towards Chainlink, the analyst stated that “This run will likely be higher than the previous one,” sparking optimism alongside the whale accumulations.
Source: Michaël van de Poppe, X
Michaël reiterates that the crypto team has been working extensively to get major partnerships in the U.S. In turn, he believes that the token’s ecosystem has expanded massively. “Matter of time until the token reflects the growth,” he concluded.
Another Chainlink price prediction by CoinGape revealed that bulls currently remain dominant over the crypto, per the 3-month bias indicator. This signals that the coin could even hit $16 by April end.
The markets are experiencing a significant shift in momentum, with the bulls gaining the upper hand. From a larger perspective, Dogecoin’s price has remained under bearish influence, as the token has not risen above the 30-day high close to $0.2. However, the current trade setup suggests the bulls are gathering strength, keeping the DOGE price within an accumulated range. The token has secured a $27 billion market capitalization with a 45% increase in volume, while the price remains elevated, hinting towards the growing dominance of the bulls.
In recent times, the memecoin space has witnessed a massive rise in its population. Previously, Dogecoin was the sole king of the space until other tokens like Shiba Inu or Pepe jumped in. Despite this, Dogecoin continues to remain the top memecoin, even though the growth remains restricted within a range compared to the other tokens. However, the data from LunarCrush suggests Dogecoin continues to remain dominant in terms of Social activity.
This suggests the market participants continue to remain optimistic as they still believe the DOGE price has the potential to rise above the current ATH and form a new one. Currently, the token is pressing up against a strong resistance zone near $0.183 after forming higher lows in a bullish ascending triangle. Therefore, a breakout from here may initiate a fresh upswing, targeting the next stop at $0.188.
The above chart displays the possibility of rising to the upper resistance between $0.1927 and $0.1992. However, the technicals hint towards a potential pullback or an extended consolidation below the resistance. It’s because of two reasons: the RSI displays a bearish divergence and the CMF is failing to rise above the resistance it held throughout March until now. However, these are expected to have a short-term impact on the price, as the bulls are primed to keep up the trend regardless of the bearish pressure being induced at frequent intervals.
Hence, the Dogecoin (DOGE) price is believed to maintain a consolidated ascending trend to reach $0.2, but only if it surpasses an important resistance at $0.192.
The post Dogecoin Price Prediction 2025: Will DOGE Reach $1 This Summer? appeared first on Coinpedia Fintech News
The markets are experiencing a significant shift in momentum, with the bulls gaining the upper hand. From a larger perspective, Dogecoin’s price has remained under bearish influence, as the token has not risen above the 30-day high close to $0.2. However, the current trade setup suggests the bulls are gathering strength, keeping the DOGE price …
US Treasury Secretary Scott Bessent has provided a timeline for when talks will begin to settle the ongoing US China trade war, following yesterday’s reports of a restart of trade talks between the two largest economies. The BTC price is eyeing a breakout to $100,000 due to the optimism of a potential agreement between the two countries.
US China Trade War: Talks To Begin On Saturday
In a hearing before the House Financial Services Committee, US Treasury Secretary Scott Bessent revealed that negotiations with China will begin on May 10 in Switzerland. Contrary to earlier reports, Bessent noted that this is just the beginning of trade talks between both countries and not ‘advanced’ discussions.
As CoinGape reported, the Bitcoin price surged past $96,000 and even touched $97,000 following reports of a restart of trade talks between both countries. However, the BTC price quickly dropped below $97,000 following Bessent’s statement that the US-China trade talks haven’t advanced.
The US China trade war has been one of the highlights of Donald Trump’s tariffs and has continued to negatively impact the market. Both countries have raised tariffs to 145% and 125%, respectively.
Meanwhile, it is worth mentioning that the US Treasury Secretary revealed yesterday that they are close to reaching an agreement with 17 out of 18 key trading partners, with China being the exception.
During today’s hearing, Bessent declined to mention the exact countries, stating that doing so would be detrimental to US interests. However, he remarked that some trade negotiations are quite advanced towards agreements in principle.
Will BTC Price Break Above $100k Amid This Development
Crypto analyst Crypto Zeinab has predicted that the Bitcoin price could break above $100,000 amid the upcoming US China trade war talks. In an X post, the analyst noted that Bitcoin is now establishing the next leg of upside after a clean and clear retest of the support range.
Zeinab added that the Bitcoin price is aiming for $118,000, a new all-time high (ATH), followed by a rally to $130,000, which are the 1.272% and 1.618% Fibonacci levels.
With the BTC price holding above $93,500, crypto analyst Rekt Capital predicted that the flagship crypto could break above the $97,000 to $99,000 range and possibly touch $100,000. The analyst also remarked that Bitcoin’s downside deviation may be over.
