The aughts were a bold time for eyewear. Stars were running around Hollywood in huge bug-eyed shades (very Paris Hilton) and clear, tinted square frames (very Eve), and I simply had to try them all. As a teen, I was completely obsessed with big, wraparound shield frames. (You could hide half of your face behind them—a shy teen’s dream!) I taped a 2006 Dior sunglasses ad starring Kate Moss, in which she wears huge black shield sunnies, onto my bedroom wall for inspiration. Britney Spears also rocked a pair of Dolce & Gabbana shades, and I’ve been on the hunt for them ever since.
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%.
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. 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.
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.
Decentralized perpetual exchange (DEX) Hyperliquid (HYPE) has reached a significant milestone, surpassing $1 trillion in total perpetual contract (perps) trading volume.
This achievement comes despite a broader market downturn, where major sectors have posted losses. While there has been slight growth today, it remains minimal, highlighting the market’s challenges.
Hyperliquid Dominates Perps Market
According to data from DeFiLlama, Hyperliquid perps’ cumulative trading volume has surged to $1.1 trillion. This rise in activity highlights its growing appeal among traders.
Besides its market dominance, Hyperliquid has made headlines for being central to a major development. As BeInCrypto reported, the platform gained widespread attention after a whale trader opened a 40x leverage BTC short position worth $423 million, triggering a “whale hunt.”
Nonetheless, the developments have not done much for the platform’s native token, HYPE. Instead, it has been underperforming, maintaining a consistent downtrend.
Over the past day, it has depreciated by 3.4%. At press time, it traded at $12.9, marking lows not seen since December 2024. Moreover, the platform has faced increased scrutiny following concerns about potential money laundering.
Analyst Forecasts: Will HYPE Reach $100?
Despite these struggles, an analyst predicted that HYPE could reach $50-$100, citing its status as the leading crypto DEX and its high-throughput Layer 1 blockchain.
In the latest X (formerly Twitter), he highlighted Hyperliquid’s impressive growth. The platform averages $6.7 billion in daily volume, a significant increase from $1.1 billion in October. This surge has increased its market share relative to Binance, jumping from 2% to 9% in just six months.
“If Hyperliquid can maintain just a fraction of its growth rate, we could see it reach ~20% of Binance’s volumes by the end of the year,” the post read.
Hyperliquid Growth Compared to Binance. Source: X/Duncan
According to the analyst, this expansion could significantly boost the HYPE token’s valuation.
“If Hyperliquid is able to reach 20% of Binance’s volume, I think we could easily see $40-50 HYPE with the uptick in earnings and a slight multiple expansion,” he said.
He also highlighted several factors that could fuel Hyperliquid’s continued success. The recent addition of native spot Bitcoin (BTC) trading, coin margin functionality, and the possibility of launching a delta-neutral stablecoin are seen as major catalysts for future growth.
Another key development is the evolution of Hyperliquid’s Layer 1 blockchain ecosystem. The platform has attracted over 50 projects and holds over $2.3 billion in USDC and BTC deposits.
The analyst added that Hyperliquid has a strong potential to establish itself as the third most used blockchain, following Ethereum (ETH) and Solana (SOL), within the next few years.
“Given ETH and SOL are worth $230 billion and $75 billion, respectively what does that make Hyperliquid’s potential L1 valuation? Even at 15-25% of ETH or SOL, that adds another $10-50 to the token price. $50 for the perps/spot/stablecoin product + another $50 for the L1 and $100 HYPE seems possible,” he predicted.
Phishing scams in the crypto sector are becoming more advanced, with attackers stealing more than $5.2 million from unsuspecting users in April 2025.
According to data from blockchain security firm Scam Sniffer, the losses mark a 17% drop from March’s $6.37 million. However, the number of victims surged by 26%, with 7,565 individuals falling prey to fraudulent schemes last month.
Scam Sniffer reported that the most damaging incident in April involved a phishing signature scheme, which led to a $1.4 million loss.
In this case, the victim unknowingly approved several fraudulent requests, enabling the attacker to drain their wallet. These scams typically trick users into signing digital approvals that authorize token transfers without their knowledge.
Crypto Phishing Scams in April. Source: Scam Sniffer
Another notable case involved an address spoofing technique known as address poisoning. An unsuspecting user lost $700,000 after sending funds to a fake wallet address that closely resembled one they had interacted with previously.
Yu Xian, founder of blockchain security firm SlowMist, warned that attackers now target users through Telegram. They use AI-generated voice messages and personalized chats to deceive victims.
In one reported case, Xian noted that a compromised Telegram account was used to send voice clips that imitated a victim’s trusted contacts. The voice messages, likely produced with AI tools, were built from earlier voice logs to mimic tone and speech patterns.
“Don’t trust just one source. When it involves money, always establish another reliable source for verification,” Xian stated.
These developments mirror an earlier case in which an elderly US citizen lost 3,520 BTC, worth over $330 million, to a sophisticated social engineering scam.
CertiK, another blockchain security provider, reported that the Bitcoin theft contributed significantly to the industry’s total losses in April.
According to the firm, the emerging industry lost $364 million to hacks, scams, and exploits during the reporting period. Around $18.2 million of these stolen funds have since been recovered.
These developments underscore the growing sophistication of crypto scams. They also highlight the urgent need for improved user education, wallet security, and anti-phishing tools within the industry.
