Binance Reveals Major Update On Sign Airdrop: Details

Binance Reveals Major Update On Sign Airdrop: Details

Cryptocurrency exchange Binance has once again caused a market stir by uncurtaining the 16th project on its HODLer Airdrops platform this Friday. The centralized exchange revealed via an official announcement that it is adding support for Sign (SIGN), a global protocol for credential verification and token distributions. Mentioned below are some of the key details for this token airdrop that users should know. Whilst the exchange has also revealed a listing for the same, igniting a market buzz.

Binance Reveals SIGN HODLer Airdrops Details; Here’s All To Know

An official Binance press release dated April 25 revealed that the CEX giant is extending support for the SIGN airdrop. Users who subscribed their BNB to Simple Earn and Chain Yield products from April 15 to April 19 remain poised to partake in this event.

The CEX further revealed that more details on this token airdrop will be available in the next 12 hours. SIGN tokens are to be distributed to users’ spot accounts at least 1 hour before trading commences.

Intriguingly, Binance revealed that it will list the SIGN token on April 28 at 11:00 UTC. This crypto will be available in numerous trading pairs, pegged to USDT, USDC, BNB, FDUSD, and TRY.

Further, the exchange forged ahead by applying the seed tag next to the asset. This tag mainly indicates high risk and volatility concerns surrounding new crypto projects.

As per the announcement, the total token supply for SIGN remains at 10 billion coins. The HODLer Airdrop event will consist of rewards worth 2% of the token’s supply, 200 million coins.

An additional 150 million tokens, worth 1.5% of the total supply, will be allocated towards marketing campaigns 3 months post-listing. Further details on this update will be provided shortly ahead, as per the announcement.

The token’s circulating supply upon Binance listing will be 1.2 billion SIGN. Altogether, this new offering by the top crypto exchange has promptly gained significant traction, offering users emerging opportunities to capitalize on.

On the other hand, CoinGape reported some other looming crypto airdrops for this year, including MemeFi, Etherfi, and TapSwap, among many others.

The post Binance Reveals Major Update On Sign Airdrop: Details appeared first on CoinGape.

Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5?

Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5?

Dogecoin (DOGE) price is flashing the same bullish signal it did in 2024, which preceded a staggering 280% rally for DOGE within months. If history rhymes and this bullish signal triggers an uptrend for the largest meme coin, it could explode to $0.50.

DOGE value today stands at $0.18 with a notable 4% gain in 24 hours. For it to surge to $0.50, it would have to record an over 170% price gain, and analysts believe that this rally is plausible.

Dogecoin Price Eyes $0.50 as it Flashes 2024 Bull Signal

Dogecoin price is following the same trend that it did in mid-2024, according to analyst Kamran Asghar on X. The analyst noted that at the time, DOGE formed a bullish divergence, whereby the price dropped as the RSI rose. This formation usually suggests that the selling pressure is weak, and buyers might soon regain control of the trend and push the prices higher.

Dogecoin has created another bullish divergence after the price tanked earlier this month, but the RSI failed to create a new low. This might suggest that the ongoing selling activity that has pushed this top meme coin lower is weak, and that buying pressure might surge again. Kamran anticipates that the price could surge to as high as $0.50.

Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5?
DOGE/USDT: 1-day Chart

Meanwhile, another analyst dubbed Dynamite trader on X has supported this Dogecoin price forecast, and also anticipates that this meme coin is on the verge of a bull run. This analyst also identified several bullish divergences on the daily price chart that occurred whenever the 1-day moving average (MA) crossed above the 1-week MA.

Every time the MA made a bullish crossover, as a divergence appeared, a rally ensued. Recently, this pattern was formed again, and per the analyst, this is a bullish signal that might push DOGE to $0.90.

Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5?
Dogecoin price chart

These two chart patterns indicate that Dogecoin price might lead a broader market recovery and possibly clinch all-time highs in the coming months.

Dogecoin Open Interest Surpasses $2B

Dogecoin’s open interest has surpassed the $2 billion mark for the first time in nearly one month, according to data from Coinglass. Despite the recent retracement in price, the OI has not faltered and has instead been making a slow but gradual ascent, which is supporting the bullish outlook towards this top meme coin.

Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5?
Dogecoin Open Interest

Meanwhile, Dogecoin’s funding rate continues to increase on the positive side, indicating that long traders are willing to pay a higher fee to open and maintain their long positions. This further adds weight to the bullish thesis.

Therefore, the solid technical outlook towards Dogecoin price, as well as the bullish data from the derivatives market, indicates that this meme coin is on the verge of a rally. One of the most likely targets for DOGE to hit in the near term is $0.50, which is attainable if history rhymes and it repeats the late 2024 bull run.

The post Dogecoin Price Flashes 2024 Bull Signal Again, Can DOGE Explode to $0.5? appeared first on CoinGape.

China Denies Tariff Talks Between Donald Trump & Xi Jinping, Crypto Market Reacts

China Denies Tariff Talks Between Donald Trump & Xi Jinping, Crypto Market Reacts

China has denied any talks between Donald Trump and Xi Jinping regarding tariffs, a development that has again cast more uncertainty amid the ongoing trade war between the two countries. The crypto market sharply dropped following this report, as the tariff war still lingers in the back of market participants.

Crypto Market Reacts As China Denies Talks Between Trump & Xi

The crypto market dropped as the Chinese embassy denied tariff talks between Donald Trump and China’s President, Xi Jinping. The embassy told the US to stop creating confusion, as market participants question where exactly both countries stand on the ongoing trade war.

The Bitcoin price and other altcoins had rebounded following Trump’s TIME Magazine interview in which he stated that he spoke with President Xi Jinping regarding tariffs. However, the market dropped following China’s denial of any talks between the two countries.

It is worth mentioning that this is not the first time China has contradicted statements made by Trump and the US. As CoinGape reported, the US President remarked that they were having active daily talks, which China quickly denied, stating that both countries had made no progress regarding the trade war.

Despite the crypto market surge, led by Bitcoin, which broke above $90,000, market participants are undoubtedly still bothered by the ongoing US-China trade war. At the moment, the US has imposed 145% tariffs on Chinese goods, while China has retaliated by imposing 125% tariffs on US goods.

Despite this setback for the crypto market, Bitcoin and other altcoins look likely to sustain their bullish momentum if the US Dollar continues to weaken, as investors view BTC and Gold as a safe haven.

Experts remain bullish on Bitcoin’s trajectory. Renowned financial author Robert Kiyosaki predicted that the BTC price can still reach between $180,000 and $200,000 this year. Cathie Wood’s Ark Invest also recently released a report, predicting a base case of at least $710,000 per BTC by 2030. The broader crypto market will also rally as BTC reaches these heights.

The post China Denies Tariff Talks Between Donald Trump & Xi Jinping, Crypto Market Reacts appeared first on CoinGape.

BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay

BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay

As US President Donald Trump announced a 90-day tariff delay, top cryptocurrencies like Bitcoin (BTC), XRP, and Dogecoin (DOGE) are showing signs of a potential breakout. In addition, with Trump’s hint at pausing the 50% tariff on China, all eyes are on its potential impact on the broader crypto market.

With the traditional financial market experiencing relief after a massive downturn, cryptocurrencies, in correlation with stocks and bonds, are exhibiting positive momentum. Thus, Trump’s pause on his tariffs has sparked speculations of a bullish turn in BTC, XRP, and DOGE prices.

How Will Trump’s Tariff Delay Impact BTC, XRP, DOGE Prices?

Notably, Trump’s unexpected pause on his tariff plans has sparked anticipation of a bullish reversal in the crypto market. These speculations have been further boosted by the Bitcoin price’s recent rally past $94k, marking a significant market shift.

Other top cryptocurrencies like XRP and DOGE have also seen a bullish resurgence following Trump’s tariff delay. Considering the prevailing positive sentiment, analysts and traders remain optimistic about the future performance of BTC, XRP, and DOGE prices.

BTC Price to Hit $180K

Analyst CryptoELITES believe that the Bitcoin price is poised to hit a new all-time high of $180,000 in November 2025. At the same time, crypto expert Merlijn The Trader forecasted the BTC price’s bullish rally to $150k in the near future. Now, Bitcoin is exchanging hands at $94,386, up 1.9%.

BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay
Source: X, CryptoELITES

XRP Price Sets Sights at $50

In a recent analysis, expert XRP Governor has set a long-term target for the XRP price amid the latest Trump tariff delay. According to him, XRP could reach an ambitious high of $50 in 2027. Currently, XRP is valued at $2.20, up 2.29%.

DOGE Price Targets $0.22

Dogecoin, which is currently trading at $0.1821, has a short-term target of $0.22. Identifying a bull flag on its price chart, analysts predict DOGE’s potential uptrend.

Crypto Market Boost

Significantly, the crypto market is about to witness its highest rally, as pointed out by market expert Michael van de Poppe.

BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay
Source: X, Michael van de Poppe

Trump Views High Tariff as a Victory: Here’s Why

According to Donald Trump, high tariffs, 20%-50%, on foreign imports will be a “total victory” as the US will make a fortune from the revenue generated. In addition, these tariffs will attract companies to set up production in the US. This will create job opportunities and economic growth.

Furthermore, Trump draws comparisons to other countries like China, India, and Brazil to highlight their high tariffs. Thus, he acknowledges that tariffs are a key component of his economic policy.

In conclusion, this move has sparked speculation about a potential bullish rally in the crypto market, with Bitcoin being a key beneficiary.

The post BTC, XRP, DOGE Prices Eye Breakout As Trump Hints At Tariff Delay appeared first on CoinGape.

5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025

5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025

The fourth biggest cryptocurrency of the market, XRP, is up for a major milestone, as the Chicago Mercantile Exchange group (CME) is set to launch XRP futures on May 19, 2025. CME is the world’s largest derivative market, so this decision could bring a lot of opportunity for the altcoin, especially as the XRP price attempts recovery from the earlier crash. Before CME launches the futures, let’s discuss key details around it.

5 Not-to-Miss Things About CME Group XRP Futures

The official XRP futures launch is just days away, but the hype is rising even now. It is the first ever introduction of the Ripple token on one of the biggest traditional financial systems around the world.

CME Group XRP Futures

Interestingly, these contracts are cash settled, which means that the users would not actually have to hold XRP. Instead, they would simply bet on the XRP price movement and settle the trade with normal currency (U.S. Dollar).

It will be in two different versions, allowing investors to choose according to their capabilities. One includes the standard CME group XRP futures (XRP), where the contract size is 50,000 XRP per contract. And the other is a Micro one (MXP), having 25,00 XRP per contract.

Chicago Mercantile Exchange group Futures

The latter one is more accessible for the smaller traders. Another thing to note is that the prices will be tracked on CME’s own XRP-Dollar Reference Rate, published at 4 p.m. daily, London time.

The Global Head of Crypto Products at CME, Giovanni Vicios, claims that this decision is made considering the rising institutional and retail demand for the Ripple token product. Recently, Teucrium launched a 2x XRP ETF. Even Robinhood is considering plans to introduce Ripple futures on its platform.

More importantly, this launch is part of the Chicago Mercantile Exchange group’s bigger plan, expanding into more altcoin derivatives.

Why is This CME Group XRP Future Launch a Big Deal?

CME launching Ripple tokens’ futures is the first ever listing of the cryptocurrency on the traditional financial market. However, this is just there’s more to it. The SEC has not approved the XRP ETF due to the regulatory issues with the asset.

Interestingly, experts like Hunt believe CME’s move could strengthen the case for XRP ETF approval, as its influence is huge.

XRP ETF launch

Moreover, Paul Atkins is the new SEC Chairman after Senate approval. So, better events regarding regulatory clarity of the Ripple vs SEC, ETF, and the XRP price are anticipated.

At present, the token trades at $2.20, but investors await the Ripple price hitting $10 amid such bullish cases.

The post 5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025 appeared first on CoinGape.

Binance CZ Urges Govt to Take a More Relaxed Approach to Crypto, Here’s Why!

The post Binance CZ Urges Govt to Take a More Relaxed Approach to Crypto, Here’s Why! appeared first on Coinpedia Fintech News

After running the biggest crypto exchange in the world, Binance’s Changpeng Zhao (CZ), who has recently been free from the guilty charges of money laundering after paying a $50 million fine. CZ has stepped into a new role of advising the government and asking “govt to take a more relaxed approach towards crypto.” 

Let’s find out why! 

CZ’s Message to Governments

Changpeng Zhao (CZ) has been working closely with government officials across Asia to shape the future of blockchain and digital assets.

During his recent visit to Kuala Lumpur, Malaysia, CZ spoke at the Ritz-Carlton, where he shared how countries like those in the Middle East have been successful in their crypto policies. 

“I always encourage governments to take a more relaxed approach.” He explained that when governments don’t over-regulate, businesses and technology can grow freely and thrive.

Middle Eastern Countries Leading the Way

CZ pointed out that Dubai is a great example of how a crypto-friendly approach can benefit a country. He shared that it only took him 24 hours to get a golden visa in Dubai. He further mentioned that Binance received a full operating license in Dubai in 2024. 

This shows that when a country supports crypto, it can help businesses grow and create opportunities.

U.S Softening Stance Towards Crypto 

CZ pointed out that the global attitude towards crypto is changing. He mentioned that since Donald Trump became president, the U.S. government has become more supportive of crypto.

These changes are encouraging other countries to take a similar approach, making it easier for crypto businesses to grow and succeed around the world.

The post Binance CZ Urges Govt to Take a More Relaxed Approach to Crypto, Here’s Why! appeared first on Coinpedia Fintech News
After running the biggest crypto exchange in the world, Binance’s Changpeng Zhao (CZ), who has recently been free from the guilty charges of money laundering after paying a $50 million fine. CZ has stepped into a new role of advising the government and asking “govt to take a more relaxed approach towards crypto.”  Let’s find …

2 Best Cryptos To Buy Under $0.50 That Analysts Say Could Skyrocket in 2025

muttum-finance-doge

The post 2 Best Cryptos To Buy Under $0.50 That Analysts Say Could Skyrocket in 2025 appeared first on Coinpedia Fintech News

In a market known for rapid moves and unpredictable trends, finding cryptocurrencies under $0.50 with solid growth potential is becoming a rarity. While many projects rely heavily on buzz, a few stand out by offering real-world utility, loyal communities, and strong fundamentals. 

With 2025 shaping up to be another defining year for digital assets, investors are closely watching a handful of tokens still trading at low entry points. Two in particular—Dogecoin (DOGE) and Mutuum Finance (MUTM)—are being highlighted by analysts as under-the-radar contenders with serious breakout potential.

Dogecoin (DOGE)

Despite starting as a joke, Dogecoin has secured its place in the top tier of cryptocurrencies by market cap. Its community-driven nature, widespread recognition, and low transaction fees have helped it maintain relevance over the years. Recently, DOGE has seen renewed interest, with the token consolidating around the $0.16 mark and holding strong support levels.

Technical signals point to the possibility that DOGE is gearing up for another upward move. If it pushes past the key resistance near $0.166, momentum could carry it toward the $0.19–$0.22 range. While the meme coin narrative still plays a role in its identity, DOGE’s staying power and integration into payment systems have made it more than just a novelty.

For investors looking for a crypto asset with high liquidity, strong social presence, and a track record of bouncing back during bull runs, Dogecoin remains a valid contender under the $0.50 mark.

Mutuum Finance (MUTM)

While Dogecoin’s appeal is built on brand and community, Mutuum Finance (MUTM) takes a completely different route—focused on function, ecosystem growth, and sustainable value creation. Still priced at just $0.025, Mutuum is actively drawing attention from long-term crypto investors who are seeking early entries into DeFi projects with strong fundamentals.

mutuum-finance

Mutuum’s presale has surpassed $7 million in funds raised, with over 420 million tokens already purchased and close to 9,000 holders joining the project. And that’s only the beginning. The price is set to rise to $0.03 in the next phase, which means the current entry point won’t be available much longer. Those entering now are positioning themselves for what analysts believe could be a surge to $2–$3 in the near term.

What makes this surge projection realistic isn’t speculation—it’s infrastructure. Mutuum is developing a decentralized finance protocol that enables users to lend and borrow assets, while also integrating an overcollateralized stablecoin directly into the system. Its earnings model channels a portion of platform revenue into purchasing MUTM tokens from the open market, which are then distributed to participants within the ecosystem as rewards. That creates an incentive structure aligned with actual usage—not just price action.

And with platform features in development, including a beta version expected to be launched around the time the token goes live, demand is likely to grow organically. Unlike many early-stage tokens, Mutuum already has an outlined revenue pipeline and a roadmap that’s being actively delivered.

Let’s put that into perspective: a $700 investment at the current presale price secures 28,000 MUTM tokens. When the price climbs to $3 post-launch, that same investment could grow to $84,000. That kind of potential, paired with a functioning token model and planned exchange listings, is why some early adopters are already calling it one of the best cryptos to buy now for 2025 returns.

Cryptocurrency markets move fast, but opportunities like these don’t come around often. Whether it’s Dogecoin’s established presence and upcoming breakout potential or Mutuum Finance’s carefully structured ecosystem and low entry price, both projects present compelling cases for 2025 growth. For investors scanning the market for the best cryptocurrency to buy now under $0.50, these two stand out—not just for their price, but for what they offer beyond it.

For more information about Mutuum Finance (MUTM) visit the links below:

The post 2 Best Cryptos To Buy Under $0.50 That Analysts Say Could Skyrocket in 2025 appeared first on Coinpedia Fintech News
In a market known for rapid moves and unpredictable trends, finding cryptocurrencies under $0.50 with solid growth potential is becoming a rarity. While many projects rely heavily on buzz, a few stand out by offering real-world utility, loyal communities, and strong fundamentals.  With 2025 shaping up to be another defining year for digital assets, investors …

Ethereum Tries to Recover After Capitulation, But $2,000 Remains Unlikely

Ethereum has recently shown an attempt to recover from the significant losses it sustained toward the end of March. The altcoin, often considered the leader in the smart contract space, is currently trading at $1,774. 

While this reflects an effort to regain momentum, Ethereum’s recovery might be hindered by short-term holders (STHs) looking to capitalize on any immediate profits.

Ethereum Investors Are Prone To Selling

Ethereum’s network value and user activity are showing signs of a possible recovery, but its current market sentiment remains under pressure. The Net Unrealized Profit/Loss (NUPL) indicator, which gauges the overall profit or loss of coins in circulation, has entered a phase of capitulation. 

Despite the uptick in Ethereum’s price, the underlying sentiment remains cautious. The increase in the NUPL could quickly reverse if short-term holders (STHs) decide to liquidate their positions.

Ethereum’s recovery hinges on investor confidence, with those holding onto their assets being the key to avoiding another sell-off. If more STHs choose to HODL instead of selling, Ethereum could see sustained upward momentum in the coming weeks.

Ethereum NUPL. Source: Glassnode
Ethereum NUPL. Source: Glassnode

On a broader scale, Ethereum’s macro momentum presents mixed signals. The Market Value to Realized Value (MVRV) Long/Short Difference indicator is currently deeply negative at -30%. This suggests that the market may face additional resistance in its recovery efforts. 

The indicator highlights the disconnect between long-term and short-term holders, with the latter showing profits at a two-year high. The last time this occurred was in January 2023, when Ethereum experienced significant sell-offs, pushing the price lower.

The presence of STHs in a profitable position increases the likelihood of further selling pressure on Ethereum. As these investors are more likely to liquidate at the first sign of profits, the recovery could face challenges.

Ethereum’s price could struggle to maintain upward momentum, especially if short-term holders capitalize on their gains, pushing the altcoin back into a downtrend.

Ethereum MVRV Long/Short Difference
Ethereum MVRV Long/Short Difference. Source: Santiment

ETH Price Needs Support

Ethereum’s price has risen by 11% in the past week, currently trading at $1,774. It is now testing the resistance at $1,796, and breaching this level is crucial for Ethereum to continue its recovery toward the $2,000 mark. A successful breakout above this resistance would signal a continuation of the recovery trend, pushing Ethereum closer to its previous high.

However, considering the market sentiment and the current indicators, Ethereum’s chances of reaching $2,000 in the short term seem unlikely. Ethereum is at risk of falling below the $1,671 support, which could trigger a deeper pullback to $1,522. This bearish outlook suggests that the recovery may be short-lived unless strong buying support materializes.

Ethereum Price Analysis
Ethereum Price Analysis. Source: TradingView

If the broader market conditions remain strong, Ethereum could manage to breach the $1,796 resistance and even push past $1,906. A move above these levels would set Ethereum on track to reach $2,000, invalidating the bearish outlook and signaling a more sustainable recovery for the altcoin.

The post Ethereum Tries to Recover After Capitulation, But $2,000 Remains Unlikely appeared first on BeInCrypto.

Bitcoin Could Surge to $2.4 Million by 2030, ARK Invest’s New Price Prediction Reveals

Asset manager ARK Invest has updated its Bitcoin (BTC) price projections for 2030, now forecasting a bullish scenario where the cryptocurrency could reach $2.4 million per coin. This represents a potential rise of over 2,400% from BTC’s current price.

The updated forecast follows the firm’s previous prediction of $1.5 million. The 60% increase reflects optimism about Bitcoin’s potential.

Will Bitcoin Surge 2,400% by 2030?

According to the latest report, ARK Invest expects Bitcoin to experience a compound annual growth rate (CAGR) of 72% under the bullish scenario. Research analyst David Puell also revealed the updated Bitcoin price projections in the bear and base case scenarios.

The bear case is revised upwards from $300,000 to $500,000, with a CAGR of approximately 32%. Similarly, the base case scenario increased from $710,000 to $1.2 million, reflecting a CAGR of around 53%.

Bitcoin Price Prediction
Bitcoin Price Prediction. Source: Ark Invest

The report highlights six potential contributors to Bitcoin’s price appreciation. Key factors include institutional investments and Bitcoin’s role as a hedge against inflation and currency devaluation. In addition, Bitcoin’s status as digital gold further boosts its price potential.

Secondary factors include more countries, including the US, adopting BTC as a reserve asset. Corporate treasuries are also diversifying into Bitcoin, inspired by companies like Strategy (formerly MicroStrategy). Additionally, Bitcoin’s on-chain financial services could drive capital inflows by replacing legacy financial systems.

“While institutional investment contributes the most to our bull case. Interestingly, nation-state treasuries, corporate treasuries, and Bitcoin’s decentralized financial services contribute relatively little in each case,” Puell noted.

Factors Contributing to Ark’s Bitcoin Price Prediction
Factors Contributing to Ark’s Bitcoin Price Prediction. Source: Ark Invest

Ark’s Bitcoin price prediction for 2030 is based on analyzing Total Addressable Markets (TAMs) and penetration rates across key contributors. It also considers Bitcoin’s deterministic supply schedule. This is projected to reach around 20.5 million units by 2030. 

A key innovation in this year’s model is using Bitcoin’s “active supply,” which discounts lost or long-held coins. This approach leads to price targets approximately 40% higher than those based on the base model.

“The estimates constructed with this more experimental methodology are more aggressive than those in our bear, base, and bull cases,” the report added.

Bitcoin’s Bullish Price Forecasts

Meanwhile, Ark isn’t alone in its bullish outlook. Michael Saylor, founder and chairman of Strategy, recently forecasted that Bitcoin’s market capitalization will eventually reach $500 trillion, surpassing gold, real estate, and long-term financial assets to become the leading store of value.

He made this bold prediction during the Digital Asset Summit in March 2025. If Bitcoin achieves a $500 trillion market cap with its supply of 21 million tokens, it would result in a price of around $23.8 million per coin.

Meanwhile, Standard Chartered foresees Bitcoin going as high as $500,000 by 2028. Adding to the optimistic outlook, IREN’s CEO, Daniel Roberts, stressed that Bitcoin could reach $1 million within the next five years. Thomas Fahrer, co-founder of Apollo, shares a similar outlook.

However, according to Samson Mow, CEO of Pixelmatic, BTC’s value could surge to $1 million by the end of 2025. In addition, investment bank H.C. Wainwright also updated its 2025 Bitcoin price target, raising it from $145,000 to $225,000. Lastly, even with the price volatility, Fundstrat co-founder Tom Lee stated that BTC could do better than $150,000 in 2025.

While the numbers reflect the market’s strong belief in the largest cryptocurrency, it remains to be seen whether these predictions will actually come true.

The post Bitcoin Could Surge to $2.4 Million by 2030, ARK Invest’s New Price Prediction Reveals appeared first on BeInCrypto.

Crypto Options Rollover Signals Bullish Tilt Toward $100K Bitcoin Breakout | US Crypto News

Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see what data says about the Bitcoin (BTC) price outlook, alongside insights into the current sentiment in the options market. Remember, this being the last Friday of April, monthly options expired today at 8:00 UTC on Deribit.

Strong Market Expectations of Bitcoin Reaching $100,000

During the early hours of the Asian session, over $8 billion worth of Bitcoin and Ethereum options expired. Out of these, BTC options contracts accounted for over $7 billion in notional value.

Interestingly, Bitcoin traded well above its max pain or strike price of $86,000. Ordinarily, as options near expiration, an asset’s price would tend to gravitate toward its max pain level. While Bitcoin traded for $93,471 minutes before the options expiry, it is now selling for $94,581.

Bitcoin (BTC) Price Performance. Source: BeInCrypto
Bitcoin (BTC) Price Performance. Source: BeInCrypto

BeInCrypto contacted Bitfinex analysts for insights into the current market outlook and their perspective on what lies ahead for the Bitcoin price in the short term. According to the analysts, Bitcoin’s price could record further upside after clearing option-based resistance.

“Post-expiry, the market is leaning cautiously bullish, and with the $90,000 strike cluster now cleared, there’s less option-based resistance overhead,” Bitfinex analysts told BeInCrypto.

Further, the analysts observed that many traders have rolled exposure to higher strikes, with $95,000 and $100,000 showing increased call open interest for end-April and May expiries.

While this reflects the expected continued upside, the analysts did not rule out a potential short-term chop.

This aligns with Deribit analysts’ statements that the highest open interest for BTC options was around the $100,000 strike price. This indicates strong market expectations of Bitcoin reaching this level.

As BeInCrypto reported, the analysts ascribed this to traders selling cash-secured put options on Bitcoin. These traders also use stablecoins to collect premiums while buying BTC at lower prices.

BeInCrypto also reported that the Cumulative delta (CD) across BTC and related ETF (exchange-traded fund) options on Deribit reached $9 billion. Bitfinex analysts agree, citing rising spot flows and ETF demand.

“Spot flows and ETF demand have picked up significantly for BTC over the past few days and will now continue to dictate if BTC can establish $90,000 as support,” the analysts added.

Meanwhile, these forecasts add to the list of growing bullish bets on Bitcoin’s price, credibly confirming a sentiment shared in the previous US Crypto News publication.

However, despite strong prospects for more Bitcoin price gains, some analysts urge investors to temper their optimism. One is Innokenty Isers, the Chief Executive Officer at Paybis Exchange.

“Current market outlook suggests that Bitcoin price may face more stiff resistance moving forward. In the last two months, the uncertainty around the tariff war triggered an unusual concern for investors as many decided to temporarily steer clear of more volatile assets like Bitcoin,” Isers told BeInCrypto.

Moreover, the Federal Reserve (Fed) has spotlighted the inflationary risks the tariff war may introduce. Nevertheless, Isers acknowledged clear indications of sustained accumulation of BTC by institutional investors and market whales.

Chart of the Day

Options top volume by instrument
Options top volume by instrument. Source: Deribit

This chart shows that the top Bitcoin options by trading volume over the past 24 hours are call options with strike prices of $95,000 and $100,000, ahead of the May 2 expiry.

Byte-Sized Alpha

Crypto Equities Pre-Market Overview

Company At the Close of April 24 Pre-Market Overview
Strategy (MSTR) $350.34 $348.54 (-0.51%)
Coinbase Global (COIN) $203.87 $203.80 (-0.03%)
Galaxy Digital Holdings (GLXY.TO) $20.68 $23.48 (+13.56%)
MARA Holdings (MARA) $14.01 $13.98 (-0.21%)
Riot Platforms (RIOT) $7.79 $7.72 (-0.90%)
Core Scientific (CORZ) $7.53 $7.48 (-0.66%)
Crypto equities market open race: Finance.Yahoo

The post Crypto Options Rollover Signals Bullish Tilt Toward $100K Bitcoin Breakout | US Crypto News appeared first on BeInCrypto.