Author: Monicah W

The post Bitcoin Price Prediction-Here’s What’s Incoming for the BTC Price Rally This Week appeared first on Coinpedia Fintech News

The crypto markets are displaying significant strength since the early trading hours, with the prices of most of the tokens remaining inflated. Altcoins like PENGU, XMR, DEEP, etc., and a few more have been attracting double-digit gains, while some are experiencing minor losses. Meanwhile, Bitcoin has sustained above $94,000 as the global trading volume has begun to recover yet again. With the start of the American trade, the buying pressure is increasing and hence, with the rise in positive sentiments, the BTC price is believed to rise above the crucial resistance levels. 

A few days before, the bulls utilized all their strength to elevate the BTC price above the consolidation around $85,000. The volume increased from $15 billion to $55 billion, which later began to drop gradually to close to $20 billion. In the times when the spot retail traders have refrained from entering a fresh trade, the whales have begun aggressive accumulation. Ever since the latest rebound, the whales seem to have smelled a fresh bullish case and hence have increased their accumulation. 

The data from Glassnode indicates the whales have been aggressively accumulating over the past few days. The number of wallets with a balance over 1000 BTC witnessed a sudden rise from 17.2K to 17.3K, indicating the whales are foreseeing a bullish trajectory for the token. The whales are buying BTC like never before, which suggests a massive price action could be on the horizon. The new whales appear to be more aggressive than the old ones, substantiating the bullish claim. 

Is Bitcoin (BTC) Price on Its Way to $100K?

After breaking above the falling wedge, the BTC price surged extensively and surpassed the local resistance at $88,500 and entered a pivotal range between $94,170 and $94,900. The bulls are working hard to keep the rally restricted within the range. Once the bulls accumulate the required strength, the token is expected to trigger a fresh upswing, elevating the levels beyond $100K.

The daily chart of Bitcoin is progressive as the price is closely consolidating around the gains, experiencing equal bullish and bearish pressure. The RSI is about to enter the overbought zone, and the CMF has been maintaining a decent ascending trend. This suggests a significant inflow of money onto the platform. Hence, hinting towards a rise in bullish sentiments within the market. Once the Bitcoin (BTC) price rises above the pivotal resistance at $98,500 to $99,000, rising above $100,000 is imminent. 

The post Bitcoin Price Prediction-Here’s What’s Incoming for the BTC Price Rally This Week appeared first on Coinpedia Fintech News
The crypto markets are displaying significant strength since the early trading hours, with the prices of most of the tokens remaining inflated. Altcoins like PENGU, XMR, DEEP, etc., and a few more have been attracting double-digit gains, while some are experiencing minor losses. Meanwhile, Bitcoin has sustained above $94,000 as the global trading volume has …

MicroStrategy which has rebranded to Strategy announced yet another major Bitcoin purchase. The latest purchase was made between April 21 and April 27. The purchase was completed on April 28, 2025 and has brought MicroStrategy’s total Bitcoin holdings to 553,555 BTC.

MicroStrategy Buys 15,355 Bitcoin For $1.42 Billion

As per the details from their announcement, this time the firm purchased 15,355 BTC for approximately $1.42 billion. The purchase was made at an average price of $92,737 per bitcoin. Company executive chairman Michael Saylor shared the news on X.

According to Saylortracker, the company’s Bitcoin portfolio is now valued at approximately $52.76 billion. This stash has seen a major pump from their cost basis of approximately $37.90 billion.

$MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. https://t.co/5OOs3UdWLg

— Michael Saylor (@saylor) April 28, 2025

MicroStrategy’s latest purchase of 15,355 BTC continues a pattern of aggressive Bitcoin acquisition that has accelerated in recent months. According to the company’s portfolio tracker, this latest purchase on April 28, 2025, follows several other purchases made in quick succession during the past six weeks.

On April 21, 2025, just one week prior to the latest purchase, the company bought 6,556 BTC for $555.8 million at an average price of $84,785 per bitcoin. This followed an April 14, 2025, purchase of 3,459 BTC for $285.8 million at $82,618 per bitcoin. Amidst the purchase, MicroStrategy and Metaplanet have seen a $5.1 million gain from BTC Treasury operations.

Strategy’s BTC Purchases From March Are Profitable

March 2025 was particularly active, with two major purchases: 22,048 BTC acquired on March 31 for $1.92 billion at $86,969 per bitcoin, and 6,911 BTC purchased on March 24 for $584.1 million at $84,529 per bitcoin. The company also made a smaller acquisition of 130 BTC on March 17 for $10.7 million.

All of MicroStrategy’s Bitcoin purchases from March 2025 to date are currently profitable. The company’s March 31 purchase of 22,048 BTC has generated the largest absolute profit at $179,377,818.72.

At $92,737 per bitcoin, this most recent purchase was executed at a price more than 35% higher than the company’s overall average acquisition cost of $68,459. Despite Bitcoin trading highly volatile, Saylor has shown no hesitation in continuing the accumulation strategy.

In his announcement tweet, Saylor highlighted the “BTC Yield of 13.7% YTD 2025” and shared attention to Bitcoin’s performance this year. MicroStrategy’s Bitcoin holdings now account for approximately 2.63% of the total circulating Bitcoin supply of 21 million coins. Bitcoin price was now trading $95,000 at press time.

The post Michael Saylor’s MicroStrategy Bags 15,355 Bitcoin For $1.42B appeared first on CoinGape.

Raydium’s Smart Move:- The race to tap on the potential of memecoins is outdated. Now, web3 projects are racing to build and scale meme launchpads, the platforms that allow users to create and launch their own memecoin.

The centre of this fierce race have become the two leading competitors – Raydium and PumpFun. Both have launched and upgraded their memecoin lauchpads respectively in the last month.

Now, in another major stride by Raydium, it has collaborated with the leading meme project, BONK. Solana DEX Raydium and BONK have come together to launch their new memecoin lauchpad platform, LetsBonk.Fun. As the meme launchpad, LetsBonk allows users to create and launch their memecoins.

Raydium Launches Another LaunchPad – Whats Happening

Before discussing the new platform, it is important to note that this launch marks a significant evolution in the market trend. Earlier, there was a race to launch mass memecoins and now the focus has shifted to the launchpads that create them.

The new Bonk platform, LetsBonk, allows users to launch their own memecoin on Solana without coding. Users can simply connect a Solana wallet, fill in token details such as name, symbol, supply as per their choice. Users are then required to customize settings like liquidity and taxes, and pay a small fee in BONK.

Tokens can then immediately integrate with Raydium’s LaunchLab for liquidity and trading. The platform also offers features like liquidity locking to build investor trust.

We’re proud to partner with @RaydiumProtocol’s new LaunchLab contract—so you get instant access to Raydium pools and bot integrations from day one.https://t.co/YRGAhlNDki users are also eligible for the LaunchLab Prize Pool with 50k $RAY already up for grabs.

— Letsbonk.Fun (@bonk_fun) April 25, 2025

Interestingly, a portion of the platform fees will be used to support BONK buybacks and Solana network security. Letsbonk.Fun aims to democratize token creation while promoting transparency and sustainability within the Solana ecosystem.

Bullish Market Reaction

Since its launch, Letsbonk.Fun has witnessed significant engagement. Within the first 24 hours, the platform has attracted approximately 800,000 visitors and facilitated the creation of over 2,700 tokens.

Among these, more than 70 have been successfully launched.

Notably, the platform’s namesake token, LetsBONK, achieved a market cap of more than $30 million within just six hours of its debut.

Also Read: BTC Price Today!

Serious Player Or A Marketing Move?

The close integration of LetsBonk with Raydium has lead users raising certain questions. Few view this as a “smart play” by Ray to promote its own platform. Due to similarities in UI of both the platforms, few are calling the new launchpad nothing but Launchlabs.

A user on X highlighted the same program ID for creating tokens on both LetsBonk and Raydium’s LaunchLabs. Another highlighted that only changing the colour won’t bring up a new platform.

However, few analysts are hinting at a bigger strategy by Raydium to beat the monopoly of PumpFun in memecoin creator segment. They argue that launch of LetsBonk with the help of Raydium signifies that it is helping other projects to build their own launchpads via Launchlabs.

This strategy indirectly supports asset issuance, a core strength that drove Raydium’s success. Unlike AMM, this business moat is less prone to commoditization, offering a more sustainable competitive edge,” said an analyst.

In this way, it is indirectly competing with PumpFun. Notably, on April 26, Raydium’s LaunchLab had its biggest day with over 4k tokens launched within 24 hours of LetsBonk launch.

More than half of these tokens were from Bonk‘s new launchpad (letsbonkdotfun) that is built on top of Raydium Protocol‘s LaunchLab. There was total of $25m in trading volume on Day 1 of its launch.

Thus, one thing can be concluded: For BONK and users, the LaunchLab–built platform can be just another place to debut a memecoin. But for Raydium, it’s a strategic move that will affirm its place in market and drive new user engagement.

Also Check: Ethereum Price Today!

The post PumpFun Competitor Raydium Launches Another Meme Coin Launchpad With Bonk – Whats Happening appeared first on CoinGape.

Crypto exchange Coinbase is partnering with Founders Factory, Animoca Brands, and Fabric Ventures to launch a 16-week program supporting blockchain and AI startups. In a recent announcement, the exchange revealed its strategic deal with the UK Venture studio and investment giants to boost crypto and AI innovation in the country.

Notably, Coinbase’s initiative comes as the UK is reportedly seen as lagging behind in becoming a major hub for the crypto and AI sector. Let’s explore the details of the exchange’s new venture and its potential implications on the UK’s crypto and AI landscape.

Coinbase Launches AI and Crypto Initiative: Know More

Partnering with Founders Factory, a UK-based venture studio, and the crypto investment firms Animoca Brands and Fabric Ventures, Coinbase is setting its sights on the AI space. The top crypto exchange is planning to organize a 16-week program exclusively for AI and crypto startups.

“The initiative will be unveiled at the Global Fintech Forum on Monday, under the auspices of the UK’s Department for Business and Trade,” stated Coinbase’s UK CEO, Keith Grose. These platforms will unveil the initiative at the Global Fintech Forum on Monday, under the auspices of the UK’s Department for Business and Trade.

Unlocking Next Wave of Crypto & AI

Significantly, this joint venture intends to provide proper guidance to the freshers in the broad crypto and AI spaces. “What we’re looking for is people that are building real-value, high-integrity, trusted applications that will drive broader market adoption for either consumers or enterprises,” Founders Factory chief operating officer Damian Routley stated.

Founders Factory will work with selected founders on business strategy, product development, and fundraising. At the same time, Animoca and Coinbase would share their extensive Web3 experience and expertise with the fledgling startup companies.

According to Routley, applications for the program will open in June 2025. The COO also announced that the program will kick off in September.

Coinbase US Expands Offerings with Bitcoin Yield Fund

In a parallel development, Coinbase US is launching the Bitcoin Yield Fund, set to launch on May 1. The fund targets a 4-8% annual return in Bitcoin for non-US institutional investors. It will utilize a cash-and-carry trading strategy to capitalize on price discrepancies in the Bitcoin market.

These developments come amid the recent legal developments within the Coinbase ecosystem. Alabama’s Securities Commission has dropped its legal action against the exchange, marking a significant milestone.

The post Coinbase Takes Major Step For Crypto & AI Push In UK With This Partnership appeared first on CoinGape.

Ethereum price has underperformed in recent months, sparking criticism from top crypto voices such as Cardano’s founder. Charles Hoksinson. Due to the lack of any meaningful gains, traders are actively seeking the best Ethereum rivals to buy and potentially make 10x returns on investment as the broader market flashes bullish signs.

For context, the Ethereum price is trading at around the same price it was one year back, while Bitcoin has surged by 68%. Crypto trader Naiive also criticised ETH, saying a $10,000 investment made 8 years ago would now be worth $8,000.

Amid these bearish headwinds and waning investor confidence, let’s explore the top 5 Ethereum rivals to buy to turn $1K to $10K in May.

Ethereum Rivals to Buy Now For 10x Gains in May

The top Ethereum rivals to buy now for potential 10x returns in May include Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), and Sui (SUI). These altcoins have not only outperformed Ethereum but also have robust fundamentals and a strong technical outlook, hinting at gains.

Ripple (XRP)

XRP is one of the top Ethereum rivals to buy now amid positive catalysts, including the hype around XRP ETF approvals. At press time, XRP had a higher fully diluted market cap of $232 billion, compared to Ethereum’s $219 billion.

Meanwhile, XRP/ETH is at the highest point in five years after forming a golden cross, indicating that XRP has offered better returns than ETH. Therefore, investors looking to turn $1,000 into $10,000 should consider switching their investment from Ethereum to XRP.

Solana (SOL)

One of the top reasons making Solana among the top Ethereum rivals to buy is network growth. Data from DeFillama shows that Solana’s DeFi TVL is approaching the $10 billion milestone, while the stablecoin market cap is at an all-time high.

At the same time, SOL has a series of bullish catalysts that could drive a price recovery in the coming months, including potential ETF approvals. If these products are approved, $1,000 worth of Solana could easily grow to $10,000.

Dogecoin (DOGE)

Dogecoin’s rising open interest highlights massive interest in the altcoin, making it among the top Ethereum rivals to buy now. Data from Coinglass shows that Dogecoin’s OI has gradually risen in the last three weeks to $1.9 billion at press time.

Additionally, 71% of traders with open positions on Binance are long on Dogecoin, highlighting a bullish sentiment that this top meme coin will register massive gains. If DOGE bounces higher, traders holding the coin can easily make a 10x return on investment.

Cardano (ADA)

Cardano founder Hoskinson is bearish on Ethereum, after recently stating that the altcoin will crash in 15 years. This criticism drew speculation over whether Cardano could be a better investment and one of the top Ethereum rivals to buy.

The technical outlook on the daily price chart shows ADA has bounced from a key demand zone and aims for the next target of $0.93. The rising RSI with a value of 60 further shows the bullish momentum is growing strong and the MACD line has also crossed above the zero line.

Sui (SUI)

SUI has outperformed the broader crypto market with a staggering 70% gain in the last week alone. Its market cap has also surged to $12 billion, and it might soon enter the ranking for the top ten largest cryptos by market cap.

SUI is just 28% shy of its all-time high, and as the uptrend strengthens, as highlighted by the AD line, SUI might be poised for a massive uptrend. The AO bars also support a bullish SUI price prediction that the uptrend will continue.

Summary of Top Ethereum Rivals to Buy

Ethereum is underperforming against most cryptos, and traders are actively seeking the top Ethereum rivals to buy to enjoy massive returns. Some of the top altcoins that you can buy to turn $1,000 to $10,000 today are XRP, SOL, ADA, DOGE, and SUI.

The post 5 Ethereum Rivals to Buy to Turn $1K to $10K in May appeared first on CoinGape.

Solana price today continues its climb. It sits above the important resistance point at $150, and is in the fourth straight week of gains. It has jumped by 61% from its April low, and one analyst predicts that it is on the verge of a strong comeback as Ethereum struggles to hit the psychological point at $2,000.

Solana Price Chart Pattern Points to a Surge to $500

Technical chart patterns points to a strong Solana price surge. In a recent X post, Ali Martinez noted that it had formed a “textbook perfect cup and handle pattern” on the weekly chart. This is a crucial continuation sign that leads to a strong surge, especially when it moves above the cup’s upper side.

The weekly chart below confirms this claim. It shows that the upper side of the cup was at $260, its highest point in November 2021. It was also the highest swing in November last year. However, it also formed a false breakout that pushed it to the year-to-date high of nearly $300. Solana price is in the process of forming the handle section of this pattern.

One way of measuring the price target of an asset in a C&H pattern is to measure its depth, and then the same distance from the cup’s upper side. In this case, the upper side is at $260, while the lower side is at $8.35 or 96%.

Now, extrapolating this target from $260 brings the SOL price forecast to $510. This means that the coin may surge by 240% from the current level. Such a move would bring the diluted market cap of Solana to $302 billion. This valuation is achievable in a strong bull run.

SOL price has key catalysts that could significantly enhance its long-term performance. The SEC may approve a spot SOL ETF this year, leading to substantial demand from Wall Street investors.

Further, the market cap of all stablecoins in the Solana ecosystem has jumped to $13 billion, a record high. That is a sign that more investors are interacting with its network. Solana may also benefit from the ongoing Solana meme coin surge, which has led to a higher volume in its DEX platforms.

SOL May Flip Ethereum if the Prediction Works

The value of SOL is surging as Ethereum remains below $2,000. Worse, the weekly chart shows that the coin has formed a triple-top pattern at $4,080. It remains below the neckline of this pattern at $2,118, its lowest level in August last year.

The Solana price target of a triple top is established by measuring the distance from the upper high to the neckline. One then measures the same distance from the neckline. In Ethereum’s case, this distance is about 48%. Measuring that level from the neckline brings the price target to $1078.

A drop to that target would bring Ethereum’s market cap from the current $216 billion to $129 billion. Such a move would make Solana a bigger cryptocurrency than Ethereum by a big margin.

The caveat in all this is that the Solana and Ethereum prices forecast will take time to form since they are in the weekly chart.

The post Crypto Pundit Predicts $500 Solana Price Target While Ethereum Struggles to Hit $2,000 appeared first on CoinGape.

The post US Recession Looming in 2025? Experts Warn the Trade War Could Push Us There! appeared first on Coinpedia Fintech News

The talk of a possible US recession in 2025 is getting louder, and it’s all linked to the ongoing trade war between the US and China that many of us have been hearing about for months. Experts are saying that if the situation doesn’t change soon, we could be in for a massive recession in 2025.

Increasing Odds of a Recession in 2025 

Since Trump took office for the second time, the US economy has been stable for a while now, but it now faces serious trouble. Torsten Slok, an economist at Apollo Global Management, recently warned that the US could experience a recession by 2025, mainly due to the trade war with China. 

In an interview, Slok explained that if the tariffs imposed on Chinese goods stay as high as they are now, up to 145%, the US could face a 4% drop in GDP, leading to a two-quarter economic contraction. 

The chances of a US recession in 2025 are rising, as the Polymarket now estimates a 56% chance of a recession, and these numbers are only going up. However, this would be a major setback for the economy, affecting businesses and everyday people alike.

With no clear moves from the Federal Reserve to cut interest rates, the US could be heading toward an economic storm, and these numbers are only getting higher. 

Impact on Business and Jobs: Are We Feeling It Yet?

It’s not just about the 56% possibility of recession; the effects of this trade war are already being felt in the real world. Major retailers like Walmart and Target are bracing for supply shortages. 

And the biggest reason behind these shortages is that tariffs have made it harder to get goods into the US. Worse, reports are showing that cargo shipments have dropped by a massive 60%. This could lead to shortages and even layoffs, which would make life harder for a lot of Americans.

• Also Read :
•   China and U.S. Reduce Bitcoin Reserves, Total Government Holdings Fall 12% in Nine Months
•   ,

Small Businesses Are at Risk 

It’s not just the big companies that are struggling. Small businesses, especially in manufacturing, are also feeling the pain. Tariffs are driving up costs, and many of these businesses are already at risk of going bankrupt. If things don’t change, more small businesses might be forced to close.

Can We Avoid a Recession?

It’s still unclear if the US will go into a full recession in 2025. But one thing is certain: the trade war with China is having a big impact. If the tariffs stay, we might see more job losses and higher costs.

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The post US Recession Looming in 2025? Experts Warn the Trade War Could Push Us There! appeared first on Coinpedia Fintech News
The talk of a possible US recession in 2025 is getting louder, and it’s all linked to the ongoing trade war between the US and China that many of us have been hearing about for months. Experts are saying that if the situation doesn’t change soon, we could be in for a massive recession in …