Category: News

Following Mantra’s catastrophic OM token crash, analysts urge the Pi Core Team (PCT) to adopt greater transparency and caution.

These remarks follow Pi Network’s recent transition to the full Open Mainnet phase.

Pi Network Advised to Prioritize Transparency Post-Mainnet

The warning comes after OM’s price plummeted more than 90% in under an hour, wiping out over $5.5 billion in market capitalization.

Following this crash, there is widespread fear across the crypto industry of similar events occurring in projects undergoing key phases of development and token unlocking. Among such projects is Pi Network, which recently transitioned to Open Mainnet.

Dr Altcoin, a crypto analyst and advocate for decentralized ethics, relates the OM incident to the Pi Network and calls for stricter regulation.

“The OM incident is a wake-up call for the entire crypto industry, proof that stricter regulations are urgently needed. It also serves as a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” he tweeted.

Some users defended Pi Network’s fundamentals, highlighting its utility-focused roadmap and avoidance of speculative hype. However, Dr Altcoin doubled down on concerns over a lack of transparency.

“One thing is clear about the PCT, they are not transparent,” he added.

Still, the broader Pi community remains optimistic. The account Pi Open Mainnet, presented as a pioneer, posted a rebuttal citing reasons Pi may avoid OM’s fate. It highlighted Pi’s slow token release strategy and absence of large early-sell events as elements central to that confidence.

“Massive community (35M+ pioneers), steady unlocks, growing utility (.pi domains, dapps), and a clean track record,” they wrote.

Indeed, Pi’s ecosystem is expanding. The integration with Chainlink, new fiat on-ramps, and Pi Ads are creating what the team calls a “virtuous cycle” of adoption and utility, according to Pi Open Mainnet 2025, a senior pioneer’s account.

“These advancements form a virtuous cycle for Pi Network. Easier fiat ramps bring in more users (Pi’s community is already ~60M strong), Pi Ads drive more apps & utility, and Chainlink integration adds trust and interoperability. More users →more utility,” it stated.

With a community reportedly approaching 60 million, many believe the project has a strong user-driven foundation, unlike OM’s more centralized dynamics.

Is This Enough to Prevent OM-Like Fate?

However, not everyone is convinced this will be enough. Mahidhar Crypto, a Pi Coin validator, urged users to withdraw Pi coins from centralized exchanges (CEXs) to prevent price manipulation.

“We have seen what happened to OM—how market makers dumped on users…When you deposit your Pi Coins on CEX, the Market makers will use bots to create artificial buy/sell walls to manipulate prices or Liquidity,” they warned.

This aligns with recent concerns about collusion between market makers and CEXs. Mahidhar also called for the Pi Core Team to scrutinize KYB-verified businesses and avoid listing Pi derivatives on CEXs, citing the risks of leveraged trading on still-maturing assets.

Further fanning skepticism is on-chain behavior tied to OM. Trading Digits, a technical analysis firm, pointed out that the “Pi Cycle Top” indicator, a pattern often signaling market tops, had triggered twice for OM since 2024, the most recent being just two months before its collapse.

“Coincidence or bound to happen?” the firm posed.

Will Pi follow a disciplined, utility-first path, or could it fall into the same traps that triggered OM’s downfall?

BeInCrypto data shows Pi Network’s PI coin was trading for $0.74% as of this writing, down by 1.36% in the last 24 hours.

The post Analysts Warn Pi Network Over Transparency After OM Token’s $5.5 Billion Collapse appeared first on BeInCrypto.

Solana-based meme coin FARTCOIN has extended its winning streak, recording another 9% rally over the past 24 hours. 

It has outperformed major crypto assets and currently ranks as the market’s top gainer over the past day.

FARTCOIN Rides High with Strong Support

An assessment of the FARTCOIN/USD one-day chart shows that the meme coin now trades well above its Ichimoku Cloud. 

The Leading Spans A and B, which comprise the momentum indicator, sit beneath FARTCOIN’s price, forming dynamic support levels at $0.68 and $0.59, respectively. For context, the altcoin trades well above these price points at $0.91.

This setup suggests that FARTCOIN remains in a strong uptrend, with the Ichimoku Cloud offering support in case of any pullbacks.

Traders often see this structure as a signal of sustained buying interest and market confidence. Therefore, as long as FARTCOIN’s price holds above these leading spans, bullish momentum will likely remain intact.

Further, the meme coin’s Relative Strength Index (RSI) remains below 70, which means it has not yet hit overbought conditions, leaving room for further upside. At press time, this indicator, which measures an asset’s oversold and overbought market conditions, is at 68.38. 

This RSI reading signals that FARTCOIN is approaching overbought territory but has not crossed the 70 threshold yet. It suggests strong bullish momentum and hints at further price gains before buyers’ exhaustion hits. 

FARTCOIN Eyes Major Upside, But Sell Pressure Could Trigger Price Pullback

FARTCOIN’s current position above its Ichimoku Cloud signals that it has not just broken through key resistance levels but is now trading firmly in bullish territory. This indicates a clear shift in market sentiment, with buyers stepping in aggressively to support the rally.

If bullish pressure remains, FARTCOIN could continue its rally and climb toward $1.16.

However, a resurgence in profit-taking activity could invalidate this bullish projection. If sell-side pressure spikes, FARTCOIN could shed some of its gains and fall to $0.74.

If the support floor fails to hold, FARTCOIN risks plunging below the Ichimoku Cloud to exchange hands at $0.19.

The post Fartcoin (FARTCOIN) Extends Rally, Tops Daily Gainers with 9% Surge appeared first on BeInCrypto.

Bolivia’s Ministry of Trade and Imports has rejected a state-backed plan to use cryptocurrency for fuel imports.

This move, which marks a stunning policy reversal, signals a retreat from the government’s recent push to adopt digital assets as a workaround for dollar shortages.

Bolivia Rejects Crypto-for-Fuel Scheme Amid Energy Sector Turmoil

The initial plan, announced in March by Bolivia’s state-owned energy giant YPFB, aimed to use crypto to secure fuel imports. This was in response to acute shortages of both US dollars and refined fuel.

As reported by Reuters on March 13, the proposal had received government backing at the time.

But in a statement released Tuesday, Director of Trade and Imports Marcos Duran clarified that YPFB will not be permitted to use crypto for international transactions.

“YPFB must use Bolivia’s own resources and dollar-based financial transfers,” Duran said.

Head of digital assets at VanEck, Mathew Sigel, labels this a clear U-turn on crypto policy.

“U-Turn: Bolivia appears to back away from its crypto-for-fuel scheme,” Sigel quipped.

The crypto reversal comes after Russia’s Gazprom announced its exit from Bolivia’s Azero gas project, ending a 16-year involvement.

According to The Moscow Times, the departure reflects the broader instability in Bolivia’s energy sector, marked by falling gas production and increased reliance on fuel imports.

With dwindling foreign reserves, Bolivia has faced mounting pressure to diversify payment methods for essential imports. The crypto-for-fuel concept was seen as a bold, if risky, workaround to bypass the country’s dollar liquidity crisis.

However, the Ministry’s rejection raises fresh questions about coordination within Bolivia’s government and the viability of crypto in sovereign trade arrangements, particularly in volatile or resource-constrained economies.

The post Bolivia Backs Away from Crypto-for-Fuel Scheme appeared first on BeInCrypto.

Over 18 million US-based cryptocurrency users’ records are reportedly up for sale on the dark web, raising alarms about the security of personal data in the digital asset space. 

The database includes sensitive personal information sourced from more than 20 major cryptocurrency exchanges and platforms.

Dark Web Sale: Crypto Data for $10,000 Exposes Millions

Dark Web Informer reported the leak on April 15, sparking concerns regarding the security of cryptocurrency users in the US.

“A threat actor is allegedly selling a large US-based cryptocurrency user database, sourced from multiple exchanges and platforms,” the post read.

For just $10,000, buyers can access detailed information, including full names, email addresses, phone numbers, and physical addresses. The data, sourced from prominent platforms, could potentially expose millions of users to identity theft and other cybercrimes.

The leaked data reportedly includes around 1.5 million Binance US phone records and 79,743 full records. In addition, 1.8 million records were from Crypto.com, 432,000 from Coinbase, 197,000 from Robinhood, 121,071 from Kraken, 800,000 from Gemini, and 76,710 from CoinMarketCap.

“We want to clarify that there has been no data leak from Binance’s systems. Our security team has been actively monitoring a known hacker on the Dark Web who collects data by compromising browser sessions on infected computers,” Binance told BeInCrypto through an email.

Dark Web Informer shared a screenshot of the alleged sale listing, which also highlighted additional records from Ledger, Bitfinex, Coinmama, BearTax, USA Crypto Legacy, and others. The total dataset spans over 18 million lines of user information.

This report follows another alarming disclosure by Dark Web Informer. The analyst revealed that a separate threat actor was selling crypto investor leads tied to Robinhood accounts across the US and Europe.

The affected countries included the Netherlands, Switzerland, France, Germany, Poland, Spain, and the UK. The listing featured data that was not publicly scraped, suggesting that the information was obtained through unauthorized access or breaches. 

This is not the first time such warnings have surfaced. BeInCrypto previously reported that someone was selling the crypto user database from Ledger, Gemini, and Robinhood. Similarly, last month, the news emerged that over 230,000 combined user records from Binance and Gemini had reportedly been listed for sale on the dark web.

The continuous exposure of crypto users’ personal data stresses the urgent need for heightened security measures within the industry. Investors should enable two-factor authentication, use unique passwords, and remain vigilant against unsolicited communications that may attempt to harvest credentials.

The post Massive Crypto Breach: Over 18 Million US Crypto Users’ Data Listed for Sale on the Dark Web appeared first on BeInCrypto.

Bitget, the leading cryptocurrency exchange, and Web3 company, is kicking off a dynamic new campaign with LALIGA, featuring Barcelona’s electrifying winger Raphinha. The new collaboration highlights Bitget’s innovative trading products—Copy Trading, Launchpool, and Pre-market—drawing a clever parallel between the precision of elite football and the strategy behind smart crypto trading via a series of videos that will be launched throughout the month of April. 

Just as Raphinha dances past defenders with samba flair or executes tiki-taka precision on the pitch, Bitget’s tools empower traders to navigate the crypto markets with agility and foresight. The campaign’s three commercials showcase this harmony, blending LALIGA’s cutting-edge approach to sports with Bitget’s tech-driven trading solutions.

“In football, split-second decisions make the difference between a goal and a miss,” said Jorge de la Vega, LALIGA executive director. “Partnering with Bitget reflects our shared focus on innovation, performance, and strategy—whether on the field or in the markets.”

Raphinha, who recently hit 50 goal contributions for FC Barcelona this season, echoed the sentiment: “Football and trading both demand quick thinking and the right tools. Bitget’s platform helps traders stay ahead, just like we do on the pitch.”

The campaign isn’t just about star power; it’s about engagement. Bitget will roll out user education initiatives and trading challenges, allowing participants to win exclusive LALIGA prizes, including match tickets to see Raphinha in action for league leaders FC Barcelona. Think of it as a hat-trick of opportunities: learn, trade, and win.

“What excites me most about this partnership isn’t just the shared spotlight between crypto and football; it’s how fundamentally alike these worlds are. When Raphinha receives the ball, he’s processing positioning, momentum, and opportunity in real-time, much like a skilled trader reading market movements,” said Gracy Chen, CEO at Bitget. She added, “We’ve built tools that give users that same edge: Copy Trading lets you learn from the pros, Launchpool brings effortless passive income, and Pre-market offers early winning opportunities. This campaign celebrates that strategic mindset whether you’re trading on our platform or watching Raphina light up the Camp Nou.” 

LALIGA’s reputation for embracing technology aligns perfectly with Bitget’s mission to make crypto trading accessible and intuitive. Both industries thrive on strategy, timing, and execution—whether it’s a perfectly placed through ball or a well-timed trade. This campaign marks the latest chapter in Bitget’s growing sports legacy, having partnered with football legend Lionel Messi and the Italian football club Juventus. As the campaign unfolds, Bitget and LALIGA aim to inspire fans and traders alike to embrace a smarter, more strategic approach, both in crypto and beyond.

Visit Bitget’s YouTube channel for part one of the Raphinha series. 

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

The post Bitget Unveils New Ad Featuring FC Barcelona Star Raphinha to Champion Smarter Crypto Solutions appeared first on BeInCrypto.

Coinbase Prime, the institutional arm of the popular cryptocurrency exchange, has announced it will end custody support for 49 altcoins by the end of this month. 

The move will affect a range of lesser-known tokens. These include assets associated with niche blockchain projects and even real estate-related tokens.

49 Altcoins Lose Custody Support on Coinbase Prime 

The decision was made public in an April 14 post on X (formerly Twitter).

“We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month,” the post read.

The impacted tokens include BOSAGORA (BOA), 0chain (ZCN), pNetwork (PNT), Telcoin (TEL), and Oraichain Token (ORAI). The list also mentioned Sentinel Protocol (UPP), Cellframe (CELL), Ideaology (IDEA), and RioDeFi (RFUEL), which cater to different use cases within the blockchain ecosystem. 

Even real estate and investment-related assets were impacted. 1717 Bissonnet (1717), The Edison (EDSN), Draper Garland Apartments (GFDG), Forest Crossing Apartments (GFFC), Hello Albemarle (HLAB), etc were some of the mentioned tokens.

While some of the featured tokens saw modest declines, others remained unaffected. In addition, PNT, ORAI, IDEA, and TEL have apprecaited in price over the past day.

For context, Coinbase Prime offers a suite of services designed to meet the needs of institutional investors. The platform provides custody, trading, and financing solutions. The former allows institutions to securely store digital assets, ensuring compliance and protection for large-scale investments. 

Nevertheless, the latest decision to remove these assets suggests that the platform is reassessing its offerings. Coinbase has not disclosed specific reasons for removing these particular assets. 

Still, the move could be linked to factors such as low liquidity, market activity, or failure to meet institutional-grade compliance standards. For institutional clients using Coinbase Prime, this change means they will need to transfer or liquidate their holdings before the end of April 2025.

According to its website, Coinbase Prime currently supports over 430 assets. Thus, the shift represents a relatively small adjustment in the broader offering. 

The announcement comes as the exchange Coinbase continues to expand its portfolio. A few weeks ago, the exchange listed Doginme (DOGINME), Keyboard Cat (KEYCAT), and then Definitive (EDGE). The move led to notable price upticks for the tokens.

However, broader market conditions have negatively impacted the exchange. BeInCrypto reported that Coinbase’s stock experienced a 30% dip in Q1 2025. Moreover, the period marked the company’s worst quarter since the defunct cryptocurrency exchange FTX collapsed.

As Coinbase moves forward in a volatile cryptocurrency market, this decision to delist certain assets seems to be part of a larger strategy to concentrate on more liquid tokens and better serve the needs of institutional clients.

The post Coinbase Prime to End Custody Support for 49 Altcoins by April’s End appeared first on BeInCrypto.

According to Bo Hines, the executive director of the Presidential Council of Advisers on Digital Assets, the Trump administration could consider using tariff revenues to build a national Bitcoin reserve.

It marks a notable shift, given recent indications that revenue generated from gold sales would help fund the Bitcoin reserve.

Trump Tariff Revenues To Fund US Bitcoin Reserve

Bo Hines explained the possibility during recent interviews. He cited the need for the US to act swiftly amid global competition for Bitcoin accumulation.

Speaking to Thinking Crypto on Tuesday, Hines emphasized that the US must compete globally in Bitcoin. He highlighted the creation of a Strategic Bitcoin Reserve (SBR) through budget-neutral means. This, he said, includes novel funding mechanisms such as tariff revenues.

“SBR recognizes the value of what Bitcoin is and how it can be harnessed for the American people. There is a finite number of Bitcoin and I think there will end up being a race to accumulate,” Hines stated.

He reiterated this in an interview with Anthony Pompliano, the founder and CEO of Professional Capital Management. Bo Hines discussed the re-evaluation of tariffs, Bitcoin, and gold during the discussion. He labeled them as key components of the administration’s macroeconomic strategy.

“The strategic reserve is just the beginning. We’re thinking long-term about what assets can empower the American people and insulate us from global shocks,” Hines told Pompliano.

This plan is different from what Republican Senator Cynthia Lummis of Wyoming proposed. BeInCrypto reported that she introduced legislation to increase the government’s Bitcoin holdings by selling a portion of the Federal Reserve’s gold. 

“We will convert excess reserves at our 12 Federal Reserve banks into bitcoin over five years. We have the money now,” said Senator Lummis back in July at the Bitcoin 2024 Conference.

The notion of using tariff revenue to buy Bitcoin is novel. However, such a move could redefine the role of digital assets in the US economic strategy. It reflects a broader ideological pivot, treating digital assets as more than speculative instruments but as national economic tools.

Crypto advocates responded enthusiastically. Influencer Crypto Rover called the tariff-based Bitcoin acquisition plan “mega bullish,” reflecting wider market sentiment.  

However, some experts caution that the policy may backfire. Charles Hoskinson, founder of Cardano, questioned the effectiveness of tariffs, warning that future government-imposed taxes on crypto will be ineffective.

Meanwhile, others warn that Trump’s aggressive tariff stance could undermine US Bitcoin mining dominance. Hardware costs and international trade barriers could harm domestic miners, especially if Chinese-made mining equipment is further taxed or restricted.

Despite these complexities, the administration appears undeterred. Hines also hinted at integrating stablecoin legislation and blockchain technology within banking infrastructure. He said this would bolster law enforcement capabilities in crypto and signal a multi-pronged strategy.

Hines’ comments come amid broader financial shifts. Reports suggest the Trump administration is considering replacing Federal Reserve Chair Jerome Powell.

As inflation pressures mount and trade tensions with China escalate, speculation is that a more crypto-friendly Fed chair could align monetary policy with the administration’s digital asset goals.

With geopolitical tensions rising and central banks racing to define their digital currency strategies, the US appears to be moving toward a more assertive position.

BeInCrypto data shows Bitcoin was trading for $85,465 as of this writing. This represents a modest 1.09% surge in the last 24 hours.

The post White House Advisor Bo Hines Pushes for US Bitcoin Reserve Funded by Tariff Revenues appeared first on BeInCrypto.

April 2025 marks the launch of one of the most anticipated events in the crypto world: Gate.io’s World Crypto Trading Competition Season 7 (WCTC S7). Recognized as one of the most prestigious trading competitions globally, WCTC S7 introduces innovative formats, generous rewards, and diverse activities to offer an unparalleled trading experience for crypto enthusiasts worldwide.

Racing to the Top: Showcasing Gate.io’s Commitment to Excellence

As one of the global leaders in digital asset trading, Gate.io has demonstrated impressive growth in recent years, now boasting over 22 million registered users. Its spot and futures trading businesses rank among the Top 2 and Top 5 globally, respectively. 

With continued advancements in product experience, asset security, innovation, and global expansion, Gate.io has earned the trust of traders around the world.

In terms of brand building, Gate.io continues to make significant strides. Over the past two years, the platform has sponsored multiple international sports brands and, in 2025, officially became a sponsor of Oracle Red Bull Racing in F1. Known for its speed, technology, and pursuit of excellence, F1 shares a natural synergy with the world of crypto trading.

Inspired by this spirit, WCTC S7 adopts an F1-themed design to symbolize Gate.io’s core trading philosophy: speed, precision, and stability. F1 is more than a sport — it is a symbol of pushing limits and striving for greatness. Gate.io brings this spirit into the world of cryptocurrency trading, making WCTC S7 not just a competition, but a world-class event for global traders.

Top-Tier Competition: $5 Million Dynamic Prize Pool

Early bird registration for Gate.io WCTC S7 officially opened on April 15, with a dynamic prize pool of up to $5 million. This season features both team and individual competitions, alongside exciting events like surprise airdrops, offering participants multiple ways to engage and win. 

Competition Timeline:

• Early Bird Registration: April 15, 00:00 – April 21, 00:00 (UTC)
• Lucky Bags Rain: April 15, 00:00 – June 8, 00:00 (UTC)
• Official Registration: April 21, 00:00 – June 8, 00:00 (UTC)
• Individual Competition: May 7, 00:00 – June 8, 00:00 (UTC)
• Team Competition(First Half): May 7, 00:00 – May 23, 00:00 (UTC)
• Team Competition(Second Half): May 23, 00:00 – June 8, 00:00 (UTC)

Team Battle: Two-Stage Challenge for the Ultimate Prize

The team competition accounts for 80% of the total prize pool, with up to $4 million to be shared. It introduces a “two-stage” system, resetting performance data halfway through the competition. This allows teams to recalibrate strategies and compete for Top 20 rankings in each stage independently.

In addition, the team with the highest total trading volume will win the grand prize — a Ford Mustang GT, an iconic symbol of victory and prestige.

Individual Competition: Tiered Rewards for 1,000+ Traders

The individual competition accounts for 20% of the prize pool, offering up to $1 million in rewards. Based on cumulative trading volume, the top 300 participants will share $1 million in cash, with higher ranks earning greater rewards. Participants ranked 301–700 will receive exclusive merchandise bundles, while those ranked 701–1000 will share $20,000 worth of Futures Vouchers.

Airdrop Showers: 100% Winning Rate and Collectible Fragment Game

During the competition, participants can join airdrop events with a guaranteed 100% winning rate. Prizes include trading fee rebate vouchers, Futures Vouchers, and chances to win physical rewards through “Hourly Airdrops” and “Super Airdrops,” featuring fragments of iPhone 16 Pro Max, popular tokens, and fragments of limited-edition merchandise like jackets and co-branded insulated bottles.

Participants can also collect WCTC S7-exclusive fragments to share a $10,000 Futures Voucher Pool.

Accessible for All: Balancing Inclusivity and Exclusivity

The competition is designed for broad participation. Whether joining a team or individual contests, users can choose according to their preferences. The “every participant wins” design of the airdrop event ensures that even newcomers can easily join and win prizes, while the collectible fragment gameplay offers seasoned traders a deeper and more engaging experience.

Join WCTC S7 and Embark on Your Journey to Glory

Gate.io WCTC S7 is now underway, welcoming traders from all corners of the world. Here, you’ll compete alongside top traders globally. Here, you’ll have the chance to share in a $5 million prize pool. Here, you’ll experience an unprecedented trading extravaganza.

Whether you’re a newcomer or a seasoned trader, WCTC S7 offers the perfect stage to showcase your skills. Sign up now to be part of WCTC S7, chase your trading dreams, and embark on your journey to glory. For more details, please check the official announcement link.

Disclaimer

The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.

The post Gate.io Kicks Off WCTC S7: Race for a $5 Million Prize Pool and a Ford Mustang GT appeared first on BeInCrypto.

The crypto market and broader economy are moving fast as global liquidity reached an all-time high in April 2025. Gold has already broken past $3,200, setting a new record. Meanwhile, Bitcoin is still 30% below its previous peak.

Amid this backdrop, analysts are taking a closer look at the link between Bitcoin and gold. Fresh data also shows strong corporate demand for Bitcoin, with record levels of buying in Q1 2025.

What Bitcoin’s Ties to Gold and Liquidity Signal for Its Price

According to Joe Consorti, Head of Growth at Theya, Bitcoin tends to follow gold’s lead with a lag of about 100 to 150 days. A chart shared by Consorti on X, based on Bloomberg data, illustrates this trend from 2019 to April 14, 2025.

The chart shows gold (XAU/USD) in white and Bitcoin (XBT/USD) in orange. The data reveals that gold usually moves first during upswings, but Bitcoin often rallies harder afterward—especially when global liquidity is rising.

“When the printer roars to life, gold sniffs it out first, then Bitcoin follows harder,” Consorti said.

That 100-to-150-day lag is notable. It suggests Bitcoin could be set for a sharp move higher within the next 3 to 4 months. The recent surge in global liquidity also supports this view.

According to analyst Root, M2 money supply from major central banks—including the US Federal Reserve, European Central Bank (ECB), People’s Bank of China (PBoC), Bank of Japan (BoJ), Bank of England (BoE), Reserve Bank of Australia (RBA), Bank of Canada (BoC), and others—has hit a record high as of April 2025.

The sharp rise points to more cash flowing through the global economy.

Historically, Bitcoin bull markets have often lined up with major increases in global liquidity, as more money in the system tends to push investors toward riskier assets like Bitcoin.

Why Bitcoin Might Outperform Gold and Stocks

Matt Hougan, Chief Investment Officer at Bitwise Invest, states that Bitcoin is not just outperforming gold but is also surpassing the S&P 500 in the long run. This indicates that Bitcoin is becoming a stronger investment option despite its price volatility.

Data also supports this. A recent Bitwise report shows corporations bought over 95,400 BTC in Q1—about 0.5% of all Bitcoin in circulation. That makes it the largest quarter for corporate accumulation on record.

“People want to own Bitcoin. Corporations do too. 95,000 BTC purchased in Q1,” Bitwise CEO Hunter Horsley said.

With rising corporate demand and Bitcoin’s strong performance against traditional assets, the stage may be set for a major rally in summer 2025—driven by peak global liquidity and Bitcoin’s historic tendency to follow gold’s lead.

The post Bitcoin to Track Gold’s Rally With a 100-Day Delay Amid Liquidity Boom, Says Analyst appeared first on BeInCrypto.

Layer-1 (L1) coin Cardano has recorded a 10% gain over the past week, positioning itself for an extended rally. 

The altcoin is now trading close to its 20-day Exponential Moving Average (EMA), a key technical level that, if breached, could validate the ongoing rally and open the door to fresh highs.

ADA Approaches Key Breakout Zone Amid Surge in Buying Pressure

ADA currently trades near its 20-day EMA and is poised to climb above it. This key moving average measures an asset’s average price over the past 20 trading days, giving more weight to recent prices.

When an asset is about to rally above its 20-day EMA, it signals a shift in short-term momentum from bearish to bullish. This crossover signals that ADA buying pressure is increasing and confirms that the asset has entered an upward trend. 

ADA’s successful break above the 20-day EMA would signal renewed momentum and act as a dynamic support level for the coin’s price, giving buyers more control.

On-chain metrics further support the bullish outlook. According to Santiment, ADA’s Network Realized Profit/Loss (NPL) has turned negative, indicating that most holders are currently at a loss. 

Historically, this discourages selling pressure as traders are less willing to part with their assets at a loss. This behavior encourages longer holding periods, which in turn tightens supply and can drive up ADA’s price in the short term.

Cardano Bulls in Control

On the ADA/USD one-day chart, the coin’s positive Chaikin Money Flow (CMF) reinforces this bullish outlook. At press time, this indicator, which measures how money flows into and out of an asset, is at 0.04. 

A positive CMF reading like this indicates that buying pressure outweighs selling pressure. It reflects strong capital inflows into ADA, suggesting that its investors are accumulating rather than offloading their positions. ADA could extend its rally and climb to $0.70 if this trend persists.

However, if profit-taking resumes, ADA could reverse its rally and fall to $0.55.

The post Cardano Rallies 10% as ADA Buyers Set Sights on a Breakout appeared first on BeInCrypto.