As gold inches closer to the $5,000 mark, investors are turning their attention to Bitcoin. Historically, when both assets rally, Bitcoin tends to outperform — and with gold making fresh highs, analysts believe Bitcoin could be next.
Kiyosaki Choose Bitcoin Over Gold and Silver
“21 million is 21 million.” That’s the message from Robert Kiyosaki, author of Rich Dad Poor Dad, in a recent post on X. While he owns gold and silver mines, Kiyosaki emphasized that unlike metals, Bitcoin’s supply is permanently fixed at 21 million coins — no central bank or mining firm can produce more.
This scarcity, he argues, is what makes Bitcoin the most reliable hedge against inflation, monetary debasement, and global uncertainty.
“I can always mine more gold if prices rise,” he said, “but Bitcoin is locked forever.”
Gold Hits $3,500 — Will Bitcoin Follow?
Gold surged to $3,500 in April before cooling to $3,237 as of May 5 — still a 33% gain YTD. Bitcoin, meanwhile, has remained flat with just a 0.82% rise this year. But this may be the calm before a breakout.
Crypto analyst Cryptollica points to historical patterns: from March 2020 to March 2022, gold rose 35.5%, while Bitcoin soared over 1,100%. If a similar trend plays out, BTC could rally to $155,000, especially if it breaks its current resistance range.
Fed Rate Decision Could Be the Trigger
The upcoming U.S. Federal Reserve interest rate decision is another catalyst. Despite Donald Trump pushing for a rate cut, the CME FedWatch Tool shows a 97% probability the Fed will keep rates steady this week. However, if policy shifts in the second half of 2025, it could unleash a wave of liquidity — boosting both gold and Bitcoin.
Why It Matters
Scarcity narrative is fueling long-term Bitcoin confidence.
Gold is up 33% YTD, while Bitcoin is still consolidating.
Kiyosaki joins a growing chorus of investors positioning BTC as a safer, inflation-resistant asset.
Kiyosaki’s endorsement is more than just hype — it taps into Bitcoin’s core value proposition. If history repeats, Bitcoin may soon outshine gold in the race for store-of-value supremacy.
The post Robert Kiyosaki Says Bitcoin Is the Better Investment Not Gold or Silver appeared first on Coinpedia Fintech News
As gold inches closer to the $5,000 mark, investors are turning their attention to Bitcoin. Historically, when both assets rally, Bitcoin tends to outperform — and with gold making fresh highs, analysts believe Bitcoin could be next. Kiyosaki Choose Bitcoin Over Gold and Silver “21 million is 21 million.” That’s the message from Robert Kiyosaki, …
Dogecoin price is poised for a potential breakout after forming a rare diamond bottom pattern on the daily chart. According to technical analyst Trader Tardigrade, the DOGE price structure shows a bullish reversal setup that could send the DOGE price over 105% higher to $0.35.
This bullish forecast comes despite Dogecoin price falling 1.5% in the last day and 3% in the last week. However, in the last 30 days, bulls have had the upper hand with DOGE price soaring 15%.
Dogecoin Price Diamond Bottom Pattern Hints at Rally
Trader Tardigrade has identified a diamond bottom pattern on the daily DOGE/USD chart. This pattern typically signals a bullish reversal when it forms after a sustained downtrend. According to the chart, the breakout level is around $0.165–$0.17.
This projection places the DOGE price target between $0.255 and $0.35. The chart also shows a dotted green arrow pointing toward the $0.35 level, suggesting a more optimistic scenario for a breakout extension.
Ali Charts, another crypto analyst, noted that Dogecoin price is testing support at $0.167. He stated, “Holding this level could spark a rebound toward $0.175 and potentially $0.183.” Both analysts agree that maintaining the $0.165–$0.167 zone is critical for bullish momentum to continue.
The Price Momentum Oscillator (PMO) also confirms a bullish crossover, which may support further gains if buying volume increases. These indicators support the case for a possible rally if current support holds.
DOGE ETF Approval May Accelerate Dogecoin Price
DOGE ETF speculation is rising in the market as several asset managers have applied for approval. These include Bitwise, 21Shares, Grayscale, and REX Shares. They are awaiting clearance from the U.S. Securities and Exchange Commission (SEC) to launch Dogecoin ETFs. According to Polymarket, DOGE ETF approval odds have risen by 25%, with analysts giving a 63% chance that it may be approved by the end of 2025.
According to a CoinGape report, if Dogecoin receives 30% to 50% of Bitcoin ETF inflows, the price could rise to between $0.34 and $0.50. This scenario is based on an estimated $12 to $20 billion entering DOGE markets. The forecast also projects that DOGE’s total market capitalization could more than double under this model.
ETF approval, in the same vein, would likely pull more institutional investors to its side hence increasing the demand even further. This potential flow of capital corresponds to the $0.35 level depicted in the technical indication. According to analysts, the approval news can be considered as a potential trigger for the price rally and take DOGE past the $0.255 barrier.
Holding Behavior Shows Investor Confidence
New data from IntoTheBlock suggests that investor sentiment for Dogecoin is improving. The average holding time of transacted DOGE coins has increased by over 526% in the last 90 days. This behavior is similar to the trend seen before Dogecoin’s 2021 bull run.
Source: IntoTheBlock
In just the past seven days, holding time has risen by four months. This shift from short-term speculation to long-term holding reduces sell pressure. It also suggests that investors expect the DOGE price to rise soon. If this trend continues, it could support a more stable base for further growth.
Long-term holders now dominate the transaction volume, which often happens before strong upward price moves. Reduced market supply, combined with growing demand, is a positive signal.
Dogecoin (DOGE) price momentum has weakened over the past two weeks, mirroring broader risk-off sentiment in the broader crypto markets. This bearish sentiment further intensified on Tuesday, amid rising geopolitical tensions between India and Pakistan, which have triggered caution across global equities markets.
Dogecoin price (DOGEUSD) | Coingecko
As of May 6, 2025, DOGE trades at $0.1712, reflecting a 0.2% drop in 24 hours, a 1.7% loss over the past week, and a 4.1% decline in the last 14 days.
Dogecoin price struggles under the $0.17 at press time Tuesday, as the meme coin has repeatedly failed to break above the key psychological resistance level at $0.18 during a broader market recovery earlier during the trading session.
The current DOGE price downturn reflects a cautious stance by traders, given the absence of Dogecoin-specific catalysts and increased volatility in global macroeconomic conditions.
Against Bitcoin, Dogecoin is also losing ground, currently trading at 0.051781 BTC, which marks a 1.4% daily decline.
This underperformance relative to BTC indicates that investors are rotating capital out of higher-risk assets like DOGE and into more established cryptocurrencies and high liquidity markets.
U.S. M1 Supply Trends Boost Long-Term Bullish Case for Risk Assets Like Dogecoin
Like other risk assets, DOGE price benefits when central banks expand liquidity, especially through mechanisms like increases in the U.S. M1 supply.
M1 includes physical currency and demand deposits, essentially the most liquid portion of the money supply.
According to recent Federal Reserve data, U.S. M1 stands at approximately $18.5 trillion, having more than doubled since the 2020 pandemic era.
Money Supply M1 in the United States hit to $18.5 in Q1 2025 | Source: TradingEconomics
This expansion has historically benefited risk-on assets like tech stocks and cryptocurrencies. Increased M1 often correlates with looser financial conditions, more speculative capital, and higher retail inflows into digital assets.
With persistent inflation and rising fiscal deficits, analysts expect further pressure on the Fed to maintain accommodative liquidity conditions through 2025.
The correlation between rising M1 and crypto price appreciation has held across past bull cycles.
With Dogecoin ETFs under review with the US SEC, if approved, investors view it as a speculative hedge against fiat devaluation. If DOGE adoption increases during a period of monetary expansion, its could enter a parabolic price breakout.
Here’s Dogecoin Price Prediction If It Matches 30% of U.S. M1 Supply
Dogecoin price would reach approximately $35.60 per coin if it matched 30% of the U.S. M1 supply. This is based on the assumption of a $6.1 trillion valuation, 30% of $18.5 trillion, and a projected 150 billion DOGE supply.
This speculative scenario represents a 20,700% gain from today’s price of $0.1712. It assumes near-universal DOGE adoption across U.S. transactions, payments, and reserves, an unlikely but mathematically plausible forecast. Even if DOGE captured just 5% of M1, the token could trade around $5.93, a level unseen even during the 2021 bull run where it hit an all time high of $0.73.
Such a price surge would require fundamental catalyst, such as mainstream integration, and significant institutional demand for Dogecoin ETFs.
Dogecoin Price Forecast Today: Bears Eye $0.1640 as Key Support Level
Dogecoin price forecast today suggests a mild bearish bias, as the meme token struggles to hold above the mid-Bollinger Band and the 20-day simple moving average (SMA), both currently intersecting near $0.1722.
The latest daily close at $0.1715, just beneath this midline, confirms waning bullish momentum and introduces downside risk, especially as the upper Bollinger Band at $0.1912 remains well out of reach.
Dogecoin Price Forecast Today
More so, DOGE price briefly dipped to $0.1642 in the last session, forming a longer lower shadow, which is often a prime indicator of growing sell pressure beneath $0.17.
Technical indicators reinforce the cautious outlook. The Bollinger Bands are starting to contract after weeks of expansion, signaling reduced volatility and a likely breakout setup.
If $0.1715 fails to hold on a daily closing basis, DOGE could retest the lower Bollinger Band at $0.1532, with intermediate support at $0.1640 acting as the next probable bearish target.
decisive daily close back above $0.1750 would be needed to invalidate the current bearish setup and reintroduce a short-term bullish scenario. Until then, Dogecoin appears vulnerable to a slow bleed toward $0.16 in the coming days.
Bitcoin price has climbed sharply to $96,500 following confirmation that China and the United States will resume formal trade negotiations this week. This marks the first direct engagement between both governments since President Donald Trump returned to office in January and introduced new tariffs on Chinese goods.
Crypto markets responded immediately after the announcement. Bitcoin price rose by more than $1,700 within 10 minutes, while other cryptocurrencies also recorded gains.
XRP price has increased by 1% to $2.15, Cardano price rose 3% to $0.679, and Dogecoin price climbed 1.5% to $0.1721. Analysts attributed the rise to growing investor confidence that tensions between the two economic powers may ease.
China Confirms Restart of US Trade Talks
US and Chinese trade officials are set to meet in Switzerland later this week. The discussions aim to reopen formal economic dialogue after months of growing tariff disputes. Both nations released official statements confirming the meeting.
US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will lead the American delegation. China’s Ministry of Foreign Affairs announced that Vice Premier He Lifeng will represent Beijing. He serves as the lead official for China-US trade relations.
“The Vice Premier will hold a meeting with US Treasury Secretary Scott Bessent to discuss trade issues,” said a spokesperson from China’s Foreign Ministry. The US Trade Representative’s office also confirmed that Greer will meet his Chinese counterpart to continue discussions on trade-related matters.
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The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) was one of the longest and most talked-about crypto cases in recent years. In April 2024, Ripple CEO Brad Garlinghouse said the SEC had agreed to drop the case — just like it had done with other crypto companies.
However, unlike those other cases, the SEC has not officially confirmed that it is ending the Ripple lawsuit. Even so, many in the XRP community are already celebrating, thinking the case is over.
But a pro-XRP lawyer warned that it’s not finished yet. He explained that some legal steps still need to happen in court before it’s truly done.
Ripple’s Chief Legal Officer, Stuart Alderoty, spoke out recently, asking why the SEC brought the case in the first place. He said the SEC has now dropped every crypto case in the U.S., including its appeal against Ripple.
Alderoty explained that the SEC admitted it couldn’t take legal action without first clearly explaining the rules around crypto. Since there were no clear laws for crypto in the U.S., the SEC’s cases didn’t hold up.
Now, Ripple wants to move forward — focusing on business, working with Congress, and helping create fair rules for crypto. Their goal is to protect consumers, keep out bad actors, and support innovation in the industry.
In other news, Ripple has announced that it will stop publishing its regular quarterly reports on XRP. The company said it made this decision because the SEC used Ripple’s transparency efforts against it during their legal battle.
In its Q1 2025 market report, Ripple explained that it started the reports to be open about its XRP holdings and to share information that few other crypto companies were offering. However, Ripple now says those efforts didn’t work as planned and were actually turned against them — especially by former SEC leaders.
The post Is the Ripple SEC Lawsuit Over? Pro-XRP Lawyer Says Not Yet appeared first on Coinpedia Fintech News
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) was one of the longest and most talked-about crypto cases in recent years. In April 2024, Ripple CEO Brad Garlinghouse said the SEC had agreed to drop the case — just like it had done with other crypto companies. However, unlike those …
There’s growing hype around the idea that XRP could reach $100 per coin in 2025. But many experts and analysts believe that goal is unlikely — at least in the short term.
To reach $100, XRP’s market value would need to rise to around trillions, more than triple the current size of Bitcoin’s market cap. While XRP is aiming to disrupt massive industries like global payments, tokenized real-world assets, and carbon credits — which together are worth hundreds of trillions — such a price jump is still a long shot for now.
The truth is, XRP is making progress and has real-world utility, especially in international payments. But major adoption takes time, especially when working with banks and institutions that move slowly and are still benefiting from traditional systems like SWIFT.
That’s why many are urging the XRP community to manage expectations. Altcoin Bale said that while a $100 target may sound exciting, it’s more realistic to prepare for XRP to reach around $20 in the near term. Hitting that level would still represent a strong return from current prices.
XRP Price Prediction (Short Term)
XRP is currently trading within a falling channel pattern on the weekly chart, a setup that often signals long-term accumulation. Despite the downward trend, analysts suggest the price may be approaching a key support zone that could lead to a reversal. According to the latest analysis, the $1.85 level is seen as a strong support area.
$XRP/USDT Weekly Analysis#XRP Price is still moving inside a falling channel with clear accumulation behavior.
Buy Zone: Around $1.85 — strong support and potential reversal area Trigger for entry: Confirmed bounce from $1.85–$1.90 region
Should momentum build, analysts are watching several short-term price targets, including $2.95, $3.39, and $3.87. However, they warn that confirmation is key. A clear bounce from support, followed by a breakout above the falling channel, would be needed to support a stronger bullish case.
The post XRP Price Will Not Hit $100 in 2025, Here’s Why appeared first on Coinpedia Fintech News
There’s growing hype around the idea that XRP could reach $100 per coin in 2025. But many experts and analysts believe that goal is unlikely — at least in the short term. To reach $100, XRP’s market value would need to rise to around trillions, more than triple the current size of Bitcoin’s market cap. …
U.S. President Donald Trump recently said he has a “big announcement” coming soon. He called it “earth-shattering” and “a positive development for the country,” but gave no clear details about what it is. He did say it’s not about trade, which has led to plenty of speculation online.
Some people believe the announcement could involve Bitcoin or other cryptocurrencies. There are rumors it could be about a U.S. government crypto reserve or some kind of support for digital assets. One crypto personality said the news will be “game-changing” and should come before Monday.
Trump said, “We have a big announcement to make, not about trade but something else but it’s going to be a truly earth shattering and a positive development for this country and for the people of this country.”
Others think the announcement may be about international politics. Online AI assistant Grok shared a few possible options based on current global events. These include a possible ceasefire deal in Gaza that could last five to seven years, a peace deal between Ukraine and Russia that accepts some Russian territorial gains, or a new nuclear deal with Iran in exchange for easing sanctions. All of these would be major steps toward global peace, but none have been confirmed.
President Trump: “We have a big announcement to make, not about trade but something else but it’s going to be a truly earth shattering and a positive development for this country and for the people of this country.” pic.twitter.com/pZLS3bnszW
Adding to the mystery, Steve Witkoff was recently sworn in as the new U.S. Special Envoy to the Middle East on May 6, 2025. This has made some people think the announcement could be linked to peace talks in the region.
For now, no one knows for sure what Trump’s big announcement will be. But with his promise that it’s coming within a few days, people are eagerly waiting to find out.
The post Trump Teases ‘Earth-Shattering’ Announcement: Bitcoin or Global Deal? appeared first on Coinpedia Fintech News
U.S. President Donald Trump recently said he has a “big announcement” coming soon. He called it “earth-shattering” and “a positive development for the country,” but gave no clear details about what it is. He did say it’s not about trade, which has led to plenty of speculation online. Some people believe the announcement could involve …
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism. Historical trends, on-chain data, whale accumulation behavior, and upcoming technological upgrades form a strong foundation for a potential price rebound.
Here are four key reasons why analysts believe ETH could recover strongly in May.
Why Ethereum Might Recover in May 2025
The first reason stems from ETH’s historical price performance. Data from CoinGlass shows that May is typically the best-performing month for ETH.
Over the years, ETH has posted an average return of 27.36% in May, the highest among all months.
While not every May ends with gains, historical trends suggest this month usually brings positive sentiment and upward momentum for ETH. Given the current conditions, Cyclop expects ETH to maintain its growth this month and reach the $2,500 target.
“May is historically the best month for ETH. $2,500 by the month’s end,” analyst Cyclop predicted.
Another critical factor supporting a bullish outlook is on-chain data, particularly the MVRV (Market Value to Realized Value) ratio. According to analyst Michaël van de Poppe, ETH’s MVRV ratio is currently at its lowest since March 2020, when the COVID-19 pandemic heavily impacted the crypto market.
A low MVRV ratio suggests ETH is undervalued compared to its on-chain value. This signal has only appeared six times in the past ten years, often preceding major recoveries. The chart also indicates that ETH could experience significant growth within the next 3 to 12 months.
The third bullish sign is recent whale accumulation behavior. According to CryptoQuant, these investors didn’t abandon their strategy even though ETH’s price dropped, and many accumulation addresses remain at unrealized losses.
Instead, they increased their ETH holdings.
On March 10, accumulation addresses held 15.5356 million ETH. By May 3, this number had climbed to 19.0378 million ETH — a 22.54% increase.
ETH: Balance on Accumulation Address. Source: CryptoQuant.
“ETH investors demonstrate strong belief in the asset, project, and ecosystem. Their on-chain behavior reflects structural conviction and clear expectations of short-term appreciation — aligned with Ethereum’s broader evolution,” analyst Carmelo_Alemán said.
Finally, Ethereum’s upcoming Pectra upgrade, scheduled for May 7, 2025, contributes to market optimism. The upgrade aims to improve wallet usability and user experience. It could boost dApp adoption and long-term ETH demand.
Meanwhile, May 7 is also the date of the FOMC meeting, where the Fed will announce its interest rate decision. If macroeconomic news is favorable, it could amplify ETH’s short-term gains alongside the other factors.
However, if the news is negative, it could complicate ETH’s price action in May.
Binance recently conducted a survey of its Asia-based users on the topic of security, and the results were encouraging. Over 80% of these users employ 2FA, and 73% double-check their transfers.
The poll concluded that user education is the most effective way to take advantage of growing security enthusiasm. Exchange-led scam simulations may be a potential solution to make anti-fraud knowledge accessible.
Binance was very clear that increasing 2FA (two-factor authentication) usage is unambiguously good. Still, there are a few key holes in the community’s preferences.
Most of the other important user-end security practices have very low rates of adoption, which Binance blames on insufficient awareness. It described a few measures to foster security education:
“As the industry evolves, so do the tactics of bad actors. We’re investing heavily in localized anti-scam education that is practical, accessible, and tailored to users’ real needs. We’re also working closely with regulators and law enforcement… to better protect user assets,” claimed Jimmy Su, Binance’s Chief Security Officer.
This education question touches on several different topics. For one thing, most of Binance’s Asian users claimed that existing security guides are “too technical and difficult to understand.”
However, they’re ready to learn. Over 60% said they would participate in anti-scam simulations, especially if this was gamified or paired with rewards.
The survey also noted a key data point in an age-old debate: whether or not to self-custody assets. Binance reported that its users have a growing expectation that exchanges actively manage security.
Meanwhile, 62.5% believe that CEXs are responsible for intercepting high-risk transactions in real time, and more than half would “immediately” contact an exchange over scam attempts.
Still, as with the firm’s previous surveys, it’s important to remember the participants’ demographics. Binance only questioned Asian users on their security preferences, and it identified regional variations even within this sample. For example, depending on the respondent’s location, they may give four different answers to the question, “What platform spreads the most scams?”
In other words, Binance or other firms may need to conduct follow-up polls over a wider net to corroborate this security data. In this isolated form, though, the Asian user data is still very useful.
Hopefully, it can help craft beneficial anti-fraud policy and educational resources for a global audience.
A recent Cambridge report confirms that the United States now leads global Bitcoin mining, prompting questions about how China will respond. Though the country has long held an anti-crypto stance, Chinese mining pools have historically controlled a substantial portion of the global Bitcoin hashrate.
The US’s current competitive edge and renewed hostility over trade policy might motivate China to recapitulate. BeInCrypto spoke with representatives from The Coin Bureau and Wanchain to understand what might encourage China to change its stance toward digital assets.
US Overtakes China as Top Bitcoin Mining Hub
The US has firmly established itself as the world’s largest Bitcoin mining hub. A recent Cambridge Centre for Alternative Finance (CCAF) report revealed that the US accounts for 75.4% of the reported hashrate.
Global distribution of Bitcoin mining activity. Source: CCAF.
This newest development confirms a notable reversal of power over Bitcoin mining dominance. China emerged as the world’s leading Bitcoin mining nation as early as 2017, leveraging its extensive mining infrastructure and low electricity costs to contribute upwards of 75% of the global hash rate at one point.
Yet, the country would later crack down on the industry.
China’s Crypto Crackdown
In 2019, the National Development and Reform Commission of China (NDRC) signaled its intention to prohibit cryptocurrency mining by releasing a draft law categorizing it as an “undesirable industry.”
Two years later, at least four Chinese provinces began shutting down mining operations. These crackdowns intensified amid concerns over excessive energy consumption.
However, China possesses a proven capacity to adjust to geopolitical shifts that could jeopardize its economic dominance, and the current environment may present such a challenge.
Has Bitcoin Mining in China Truly Stopped?
Even with China’s official stance toward crypto, mining activity has not stopped within the region. In July 2024, Bitcoin environmental impact analyst Daniel Batten reported that the hashrate within China currently accounts for approximately 15% of the global total.
7/8
Bottom lines: 1. 15%+ hashrate still comes from China
2. If you have 200-500 miners and want to do renewable-energy mining, you’re welcome
3. This is particularly in Inner Mongolia, the Texas of China, which has a lot of wasted renewable power they want to monetize pic.twitter.com/r6QUgmLmjT
“Despite the official ban, the infrastructure is already in place: from offshore mining to cross-border trading hubs. With more global momentum behind crypto adoption and the US taking the lead, China may find itself incentivized to lean in more strategically, even if unofficially,” Nic Puckrin, Co-founder of the Coin Bureau, told BeInCrypto.
China also has a geographical advantage over the United States, especially regarding technological advancements.
Crypto mining, especially for proof-of-work cryptocurrencies like Bitcoin, depends on Application-Specific Integrated Circuit (ASIC) equipment to handle the necessary complex calculations for validation and mining.
China’s position as a top exporter of crypto mining hardware, particularly to the US, gives it a potential advantage should it decide to revive its mining sector.
Puckrin believes that the combination of trade friction and the US’s invigorated push for crypto dominance might be sufficient to make China reconsider its position.
“It’s unlikely China will make a public U-turn on its crypto mining and trading ban anytime soon. However, with US-based miners accounting for higher and higher proportions of Bitcoin’s hashrate, China is bound to be paying attention and may well be quietly reassessing its stance,” Puckrin told BeInCrypto.
However, China has strategies beyond restarting its Bitcoin mining industry to undermine the United States’ dominance.
China’s Nuanced Approach Beyond US Influence
Even though China opposes the widespread use of cryptocurrencies domestically, it may still see value in digital assets to counterbalance the US dollar’s global currency dominance.
Several countries worldwide have either adopted or are considering central bank digital currencies (CBDCs) to strengthen their domestic currencies. China is at the forefront of these developments.
“Despite the ban on Bitcoin mining, China has actively participated in the digital asset space, through initiatives like CDBC research and the digital yuan, or e-CNY,” Wanchain CEO Temujin Louie told BeInCrypto.
In fact, China’s efforts to create a digital yuan are partly driven by its desire to de-dollarize its economy and lessen its dependence on the US dollar.
Louie also suggested that whatever move China makes, it won’t solely base its decision on what the US does or does not do.
That said, China’s decisions about digital currency will, in turn, affect how its position on crypto continues to develop.
“Weakening USD dominance, whether exacerbated or caused by President Trump’s approach to tariffs, may embolden China to be more aggressive in [its] efforts to internationalise the yuan, including the digital yuan, or e-CNY. Any change to China’s broader strategy will be reflected in [its] stance towards crypto,” he concluded.
China’s activity in other areas of international trade already proves how nuanced its policy changes tend to be.
Could China’s Conflicting Crypto Policies Signal a Change?
Aside from its appreciation of digital currencies like the e-CNY, China’s stance on crypto has already proven somewhat contradictory. These discrepancies may fuel the belief that the country might just be willing to revert—or at least soften—its total ban on mining.
A month ago, investment firm VanEck confirmed that China and Russia –two countries particularly burdened by US sanctions– are reportedly settling some of their energy trades using Bitcoin.
Russia and China are settling oil trades in BTC. I’ve heard first hand accounts of similar transactions with Venezuela. Full tankers are settled in BTC on the “grey” market. The U.S. Government crossed the Rubicon in 2022 by seizing Russian assets at the Federal Reserve and… pic.twitter.com/Y8OwJROw9W
“With the US dollar increasingly being used as a political lever –particularly in tariffed economies– other nations are actively exploring alternatives. Indeed, many countries around the world, including China and Russia, are already using Bitcoin as an alternative for trading in commodities and energy, for example. This trend is only going to accelerate as digital assets become a more prominent part of the global economy,” Puckrin told BeInCrypto.
According to Puckrin’s analysis of these indicators, China’s “shadow crypto economy” is projected to expand this year, which could result in a reassertion of its power. This resurgence would be primarily in response to de-dollarization efforts, rather than a reaction to US dominance in mining.
“We’ll likely see this activity ramping up in the near future, especially as more countries use crypto to bypass dollar-dominated systems,” he concluded.
It will remain crucial to interpret China’s intentions, especially regarding cryptocurrency, by observing its actions rather than relying solely on its official statements.
Buy Zone: Around $1.85 — strong support and potential reversal area
Trigger for entry: Confirmed bounce from $1.85–$1.90 region
Bullish Targets:
(@VipRoseTr) 
