Category: News

As Q2 began, the crypto market gained momentum, with many tokens showing strong performance in the latter half of April. Following Bitcoin’s lead, most altcoins have seen significant improvements, posting triple-digit gains. Some altcoins are even approaching their all-time highs, reflecting increased market optimism and growth.

BeInCrypto has analysed three such altcoins that are close to forming new all-time highs in the coming month.

Walrus (WAL)

WAL has surged by 50% over the past week, reaching a price of $0.622. This strong uptick also saw the altcoin hit a new all-time high (ATH) of $0.690. The recent gains reflect growing investor interest and confidence in the altcoin’s performance in the market.

Currently, WAL is just 11% away from breaching its ATH and potentially forming a new high at $0.750. However, this progress depends on sustaining the bullish momentum. If the market conditions remain favorable and buying pressure continues, WAL may break through this resistance and push toward the $0.750 target.

If investors decide to sell early and the bullish momentum fades, WAL could struggle to maintain its upward trend. A failure to break the $0.634 resistance level could lead to a drop to $0.546. This would invalidate the current bullish outlook and signal a potential correction in the altcoin’s price.

Saros (SAROS)

SAROS has not posted significant gains this month but did manage to hit a new all-time high (ATH) of $0.1712 before falling to $0.1311 at the time of writing. Despite the drop, the altcoin remains within a range that could allow for potential recovery and further price growth.

Currently, SAROS is facing resistance at $0.1344, and breaking through this level is crucial for the altcoin to return to its ATH of $0.1712. A successful breach would open the path toward $0.2000, providing the altcoin with a strong opportunity for continued upward movement if the bullish momentum sustains.

If SAROS fails to breach the $0.1344 resistance, it could remain consolidated above $0.1153. A failure to hold above this level would put the bullish outlook at risk, potentially leading to further downward movement and invalidating any potential for short-term growth.

BNB

BNB is currently priced at $609, needing a 30% rise to reach its all-time high (ATH) of $793. However, achieving this requires strong market conditions and investor support, both of which have been lacking throughout April. A sustained rally would be crucial for the altcoin to reclaim its ATH.

Currently trapped under a nearly five-month downtrend, BNB faces significant resistance. A 30% rally would be needed to break through this trend and reach $793. If BNB can surpass the $700 mark, it would confirm that the altcoin is on track to challenge its previous ATH and establish a new high.

However, BNB is struggling to gain traction among investors, making such a rise difficult. Failing to breach the $618 resistance could result in a decline, with BNB potentially falling below $600. If this occurs, BNB could slide toward $576, further invalidating the bullish outlook and prolonging its downtrend.

XRP

XRP is breaking out of a descending wedge pattern that has held since the start of the year. Currently trading at $2.28, the altcoin is heading toward the $2.40 resistance level. A successful breakout would indicate the potential for continued upward momentum, boosting optimism among investors.

Despite the recent surge, XRP is still more than 48% away from its all-time high (ATH) of $3.40. A sustained rally or bull run could propel XRP toward its ATH, especially if the current breakout is confirmed. Successfully flipping $2.56 into support would indicate that further gains are likely.

If XRP fails to breach the $2.40 resistance, a price reversal could occur, leading to a decline back to $2.02. Such a move would invalidate the bullish outlook, and XRP could fall back into the descending wedge pattern. 

The post 4 Altcoins That Could Hit New All-Time Highs in May 2025 appeared first on BeInCrypto.

A death cross appeared on HBAR’s daily chart on April 14, signaling potential downside. However, the token has defied bearish expectations, rallying 20% over the past two weeks amid a broader market rebound. 

While bullish momentum has cooled slightly in recent days, the bulls remain in control. If demand grows further, the HBAR token could be poised for more upside.

HBAR Bulls Stay in Control After Death Cross

A death cross occurs when an asset’s short-term moving average—typically the 50-day—crosses below its long-term moving average, usually the 200-day. 

This crossover means the asset’s recent price momentum is weakening, and a longer-term downtrend may take shape. The pattern often signals increased selling pressure as traders usually interpret it as a marker of a negative shift in market sentiment. 

However, this is not always the case, especially in volatile or recovering markets where price action can defy traditional technical signals. For instance, HBAR’s value rocketed 20% in the past two weeks.

Although the bullish momentum has eased slightly over the last three trading sessions, the bulls remain firmly in control. Readings from HBAR’s Moving Average Convergence Divergence (MACD) indicator confirm this. 

While the bars that make up this indicator have diminished over the past three days—reflecting a slowdown in bullish momentum amid broader market consolidation—the MACD line remains above the signal line, indicating that buying pressure still prevails among traders.

This setup hints at the likelihood of further price gains despite the death cross.

HBAR Climbs Steadily—Will It Hold the Line or Slip Back to $0.15?

Since April 16, HBAR has traded along an ascending trend line, a bullish pattern formed when an asset consistently posts higher lows over time. This indicates growing investor confidence and sustained upward momentum, even amid short-term pullbacks.

For HBAR, this trend suggests buyers continue stepping in at increasingly higher price points, reinforcing support levels. If the trend holds, it could pave the way for further gains, especially if market sentiment remains positive.

HBAR’s price could break above the $0.19 resistance in this scenario and rally toward $0.23.

Conversely, if selloffs resume, the price of the HBAR token could fall to $0.15. 

The post Hedera (​​HBAR) Defies Death Cross With a 20% Surge—Is More Upside Ahead? appeared first on BeInCrypto.

Solana has been making a concerted effort to recover from the losses it faced over the past three months. Recently, the altcoin has been gaining traction, aided by Long-Term Holders (LTHs) who have joined the rally. 

This support is likely to help solidify Solana’s path toward a full recovery in the coming month.

Solana Investors Have Something To Look Forward To

Currently, Solana is in the “Hope” zone according to the Net Unrealized Profit/Loss (NUPL) indicator. Historically, when Solana entered this zone, it often preceded price increases, with the price rising as the indicator moves closer to the “Optimism” zone at 0.25. While Solana is still far from this threshold, the altcoin’s price could rise in anticipation of further bullish momentum.

In addition to the strong NUPL signal, Solana is seeing significant interest from institutional investors. This interest is further reinforcing the positive market sentiment as more institutional investors are increasing their exposure to Solana. This institutional confidence is likely to contribute to the ongoing positive price action and add strength to Solana’s recovery.

Recently Canada approved the world’s first spot SOL ETF which is a big deal considering US investors have been asking for the same longer. But Chris Chung, CEO and Co-Founder at Titan during a discussion with BeInCrypto talked about their weak impact.

“Canada’s approval of spot SOL ETFs isn’t enough to buoy Solana’s price in and of itself, but what it does do is send a clear signal that the institutional world is ready for Solana. Especially considering the Ontario Securities Commission (OSC) has approved staking, which has been a contentious issue for a long time. Now, the US SEC will almost certainly have to follow suit soon, which will be a bigger deal in terms of inflows,” Chung stated.

Thus, Solana’s macro momentum is also showing signs of improvement, as the HODLer Net Position Change has recently spiked. This spike is indicative of an increasing accumulation by Long-Term Holders (LTHs), which suggests a growing conviction in the asset. LTH accumulation signals confidence in Solana’s long-term price rise, and the altcoin is likely to benefit from this continued accumulation.

The fact that LTHs are increasingly holding their positions is a strong indicator of confidence in Solana’s future. This trend could help stabilize the price and support further growth, as LTHs typically strongly influence market direction. With more investors holding onto their SOL tokens, the foundation for a sustained upward movement is being laid.

SOL Price Is On Track To Rally

Solana’s price has surged by 41% this month, reaching $149 at the time of writing. The next major resistance is at $180, and breaching this level would mark a significant recovery from the losses experienced in March. To reach $180, SOL needs a 21.8% rise, which seems attainable given the current momentum.

If Solana successfully breaks through $180, it will be well-positioned to maintain its bullish momentum. A continued rise could help SOL recover losses from February as well, potentially pushing the price to $221. However, this price increase would likely come with some market saturation, capping further immediate gains.

However, if investors decide to sell their holdings prematurely, Solana’s price could take a significant hit. Failing to break through the $180 resistance level could result in a decline, possibly falling back to $123. This scenario would invalidate the current bullish thesis, signaling a potential reversal and halting the recovery.

The post What To Expect From Solana (SOL) In May 2025? appeared first on BeInCrypto.

BloFin, a futures-focused trading platform and Title Sponsor of TOKEN2049 Dubai 2025, is accelerating the next generation of trading infrastructure.

According to its April 2025 technical performance report, BloFin’s trading system outperforms many top-tier global exchanges in key areas, including speed, stability, efficiency, and automation. From ultra-low-latency execution to industry-leading memory and CPU optimization, and the highest level of broker integration and API openness, BloFin is building an infrastructure designed for professional traders and institutions.

Low-Latency Performance Across Devices: BloFin Delivers Seamless Trading on Both Web and Mobile with Institutional-Grade Speed and Stability

– Data Source: Google PageSpeed Insights – Core Web Vitals (CWV) performance data

BloFin Outperforms Top Exchanges with Best-in-Class Homepage, Spot, and Futures Trading Performance. According to real-user data and Google PageSpeed testing, BloFin’s homepage scored 86, outperforming OKX (79), Binance (71), Bitget (60), and Bybit (54), which deliver faster loading, smoother interaction, and a superior first impression for users.

On the trading side, BloFin’s spot page achieved a score of 66, and its futures page reached 63, both surpassing major competitors.

These results highlight BloFin’s commitment to offering traders a consistently faster, more stable, and more reliable experience, even under heavy trading loads.

– Data Source: Google PageSpeed Insights – Core Web Vitals (CWV) performance data

Ranking Top 3: BloFin Among the Best-in-Class Exchanges for Mobile App Efficiency

BloFin also continues to lead in mobile performance, ranking among the top three exchanges for app speed and efficiency. With a startup time of just 1.57 seconds, BloFin outperforms BingX, Bybit, and Bitget, allowing traders to access the platform quickly without delay. BloFin also maintains a low stutter rate (68 times), closely following Binance and significantly outperforming Bybit, Bitget, and OKX for a smoother and more stable experience.

In addition, it demonstrates industry-leading memory efficiency, using only 354 MB compared to Binance (732 MB) and Bitget (832 MB), and achieves the lowest CPU usage at just 17%, which minimizes device strain and maximizes battery life during trading.

BloFin leads top-tier exchanges in broker integrations, with over 30 external partners, far ahead of Bybit, BingX, MEXC, and others.

Additionally, BloFin leads the industry with 30 broker integrations, far surpassing other exchanges. Major partners include CCXT, CoinStats, Tuleep Trade, Alertatron, and Crypto OS, giving users unparalleled access to external trading tools and ecosystems. BloFin stands out with clear, verifiable partnerships with top broker platforms.

The platform currently supports full public API access for futures trading, including copy trading strategies. More than 30 external brokers, including CCXT, CoinStat, and Compendium, are already integrated, making it easy for institutional traders, quants, and strategy providers to connect and operate at scale.

Additionally, BloFin has introduced direct support for high-frequency bots and automated strategy deployment, allowing users to execute, optimize, and scale their trading operations seamlessly. This infrastructure not only boosts platform liquidity but also promotes organic, strategy-driven growth.

As BloFin continues to scale its infrastructure and expand its global presence, the platform is setting a new benchmark for speed, strategy, and institutional-grade trading.
With a commitment to technical excellence and continuous innovation, BloFin is shaping the future of professional crypto trading — staying true to its mission of being Where Whales Are Made.

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Follow BloFin X（Twitter）｜Telegram｜Instagram｜YouTubeAbout BloFin
​BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. ​As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

The post BloFin Surpasses Top Exchange Standards in Performance, Liquidity, and Broker Integration appeared first on BeInCrypto.

Gate Group, a world-leading player in crypto space, has officially announced that Gate Technology FZE (“Gate Dubai”), a part of Gate Group, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate Group’s global compliance strategy.

Dr. Han, Gate Group’s Founder and CEO, commented: “We have always adhered to a compliance-first strategy, and Dubai is undoubtedly one of the most forward-looking jurisdictions in the global crypto industry. Obtaining VARA’s full operational licence is a critical step in Gate Group‘s expansion across the Middle East and the world, and it underscores our long-term commitment to security, transparency and user protection. We look forward to growing alongside Dubai’s ecosystem and driving further prosperity in the local digital economy.”

Alongside securing the licence, Gate Dubai is accelerating the expansion of its local team and preparing for its official launch. The platform will allow users to initiate crypto-to-crypto and fiat-to-crypto and vice versa trades with other users as the counterparties to these transactions.

“We are committed to creating a compliant platform that blends global expertise with local characteristics,” said Gate’s Dubai Head. “In full respect of VARA’s regulatory framework, we will continue to deliver secure, efficient and professional services, injecting new vitality into Dubai’s digital-asset ecosystem.”

As a city where technological innovation and financial freedom converge, Dubai is rapidly emerging as a key hub for the crypto industry. Gate Group’s choice of Dubai as its Middle East launchpad reflects deep recognition of the region’s regulatory transparency, innovative drive and growth potential.

Gate Group’s compliance efforts and investments rank among industry leaders, with compliant presences in the Americas, Middle East, Europe and Asia. Various Gate entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Gibraltar, Bahamas, and Hong Kong. Last year, Gate Group also completed the acquisition of Japan-licensed exchange Coin Master, further broadening its international compliance network.

Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate Group may restrict or prohibit certain services in specific jurisdictions. For more details, please read the applicable user agreement. 

The post Gate Dubai Got Licensed by VARA appeared first on BeInCrypto.

Alex Mashinsky faces up to 20 years in jail as the US DoJ (Department of Justice) pursues the Celsius founder and former CEO for orchestrating a years-long campaign of lies and self-dealing.

Prosecutors are pushing for such an extreme punishment, citing Mashinsky as an example of the repercussions of crypto misconduct.  

CEL Token Soars 70% Amid Mashinsky’s 20-Year Sentence Risk

The US DoJ issued the request in a sentencing memo filed on Monday, April 28, asking the court for a 20-year jail term for Alex Mashinsky.  

The prosecution calls Mashinsky out for “deliberate, calculated” fraud, which resulted in the loss of almost $7 billion in customer funds.  

Despite this report, CEL, the powering token for the Celsius Network, is up by over 70%. As of this writing, data on CoinGecko shows CEL was trading for $0.1507.

This request comes five months after Mashinsky’s guilty plea, following fraud charges, including CEL token market manipulation, and avoiding a January trial. Commodities fraud and price manipulation were among the schemes linked to Celsius’s collapse.

According to the DoJ, while Mashinsky pled guilty, he still refuses to accept responsibility. Instead, he is reportedly shifting blame to regulators, market conditions, and even his victims.

“Mashinsky’s crimes were not the product of negligence, naivete, or bad luck. They were the result of deliberate, calculated decisions to lie, deceive, and steal in pursuit of personal fortune,” the DoJ contends.

Meanwhile, this case traces back to July 2023 when the US SEC (Securities and Exchange Commission) sued Celsius and Mashinsky. The securities regulator cited the two defendants for:

• Misrepresentation of the central business model and risks to investors.
• Misrepresentation of financial success.
• Misrepresentation of the safety of customers’ assets on the Celsius platform.
• Market manipulation of Celsius (CEL) tokens 

Beyond the DoJ and SEC, other agencies, including the CFTC (Commodities Futures Trading Commission), FTC (Federal Trade Commission), and the US Government, had also filed similar charges against Celsius and Mashinsky.

“SEC, DOJ, CFTC, and FTC all sued/charged Celsius and Mashinsky in the past hour. Rough day,” db reported at the time.

Notably, this happened a year after Mashinsky stepped down as CEO of Celsius. Over the years, a key highlight in the case includes Mashinsky claiming to have withdrawn $10 million ahead of the platform’s bankruptcy.

Notwithstanding, the judge froze his assets and recently turned down his request to dismiss fraud charges.

Meanwhile, efforts to make victims whole have included unstaking the platform’s Ethereum (ETH) holdings. In January 2024, Celsius informed its followers on social media that it was working to compensate victims.

“The significant unstaking activity in the next few days will unlock ETH to ensure timely distributions to creditors,” read the post.

More recently, Celsius announced the second payout to creditors, citing $127 million in Bitcoin (BTC) and US dollars based on eligibility.

Mashinsky’s sentencing is set for Thursday, May 8. If the court agrees to the US DoJ’s push for a 20-year sentence, Alex Mashinsky would have received a lesser sentence than FTX’s Sam Bankman-Fried (SBF) 25-year jail term.

The post Celsius Founder Alex Mashinsky Faces 20 Years in Jail, But CEL Token Soars 70% appeared first on BeInCrypto.

HTX is launching a series of exclusive promotions for $TRUMP, offering users multiple ways to boost earnings and capture market opportunities amid surging global interest in the token.

Learn more about the $TRUMP promotions: here

Seize the Momentum with $TRUMP Promotions

• 1. Earn $TRUMP with 20% APY – Flexible and Instant Access

Starting April 26 at 16:00 (UTC), HTX launched a special $TRUMP Flexible Earn offer. Users can subscribe to the $TRUMP Earn product and enjoy an annualized return of up to 20% with hourly compounding. Funds can be deposited and withdrawn at any time for maximum flexibility. Simply log in to the HTX App or website and select the “$TRUMP Flexible” product under “Earn.”

• 2. 0 Trading Fees for $TRUMP/USDT Spot Trading

From April 28 at 10:00 to May 13 at 15:59 (UTC), users can trade the $TRUMP/USDT spot pair with zero trading fees. This limited-time offer lowers trading costs and makes it easier for users to capture potential gains.

• 3. $TRUMP Trading Competition to Share 20,000 USDT – Race to the Top

HTX is hosting a $TRUMP Trading Competition from April 27 at 10:00 to May 4 at 10:00 (UTC).

Participants who trade $TRUMP spot will be ranked by total trading volume for a chance to share a 20,000 USDT prize pool.

Bonus: $TRUMP leveraged trades will count 3x toward the total volume.

Note: Users must register on the event page to qualify for rewards.

HTX: Empowering Users with Quality Digital Asset Opportunities

Through Earn promotions, fee-free trading offers, and trading competitions, HTX continues to create a low-cost, high-liquidity trading environment. The $TRUMP campaigns are part of HTX’s broader efforts to enhance user opportunities through curated digital asset offerings, while continuously optimizing platform experience and driving sustainable growth across the global user base.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

The post HTX Launches $TRUMP Promotions: 20% APY, $20,000 Trading Competition, and 0 Fees appeared first on BeInCrypto.

Wirex, a global leader in crypto-financial services, is proud to announce the launch of Wirex Business, a comprehensive corporate banking platform designed to serve the unique needs of Web3 companies and crypto businesses.

Wirex Business offers robust tools and seamless integration of stablecoins and fiat currencies, empowering businesses to manage their treasury functions, issue corporate cards, and handle expenses efficiently in the ever-evolving Web3 landscape.

The platform enables enterprises to streamline their financial operations with advanced features such as corporate bank accounts, corporate expense and payroll Visa cards, real-time payments, instant settlement, and built-in yield on stablecoin holdings.

Designed with the self-custodial model in mind, Wirex Business ensures that businesses retain full control of their funds, giving them the confidence to manage their finances securely in a decentralized world.

Key Features of Wirex Business:

• Corporate Bank Accounts: Easily manage multiple accounts in USD, EUR, GBP and stablecoins.
• Corporate Expense & Payroll Cards: Issue physical and virtual cards for employee expenses and payroll management.
• Instant Fiat<>Stablecoin Conversion: Seamlessly convert fiat currencies into stablecoins and vice versa in real-time.
• Built-in Yield: Earn competitive yield on stablecoin holdings with no hidden fees.
• Self-Custodial Model: Maintain full control of your funds, eliminating counterparty risks.
• Reporting: Save time with automated accounting tools and advanced reporting to keep your finances in sync.

Wirex Business is designed to help Web3 companies, fintechs, and crypto businesses efficiently manage their financial operations and expand globally with ease.

The platform is currently onboarding new clients, with registration available at: link.

“We are excited to launch Wirex Business, as it opens up new possibilities for companies operating in the Web3 and crypto space,” said Daniel Rowlands, Managing Director of Wirex Pay. “By offering a full suite of corporate banking services, including expense management, card issuance, and seamless fiat-stablecoin integration, we are empowering Web3 companies to manage their treasury and operations with the same ease as traditional businesses. The future of finance is non-custodial and Wirex is pioneering business banking for the Web3 digital age.”

Pavel Matveev, Founder of Wirex, added, “Wirex Business represents a major step forward in bridging the gap between traditional finance and the crypto world. We understand the unique needs of Web3 businesses and are proud to provide them with the tools they need to thrive in a decentralized economy.”

About Wirex

Wirex is a global crypto-financial services platform with over 6 million users worldwide. As a principal member of Visa and Mastercard, Wirex enables individuals and businesses to use, store, and exchange digital assets seamlessly alongside traditional currencies. With a commitment to innovation and user-centric services, Wirex is driving the adoption of digital currencies and advancing the future of payments.

The post Wirex Launches Wirex Business: The Ultimate Corporate Banking Platform for Web3 and Crypto Businesses appeared first on BeInCrypto.

The BNB Chain has officially completed the Lorentz mainnet hard fork, marking a significant technical leap forward for both BNB Smart Chain (BSC) and OpBNB.

With the upgrade, the network reduces BSC block times to 1.5 seconds, while OpBNB now boasts 0.5-second blocks. This makes it one of the fastest Layer-2 (L2) networks.

BNB Chain Completes Lorentz Hard Fork

The Lorentz upgrade is expected to significantly improve transaction confirmation speed, enable more responsive decentralized applications (dApps), and enhance the overall user experience.

“Welcome everyone to experience a faster and smoother BNB Chain,” the network stated.

The Lorentz upgrade builds on momentum from the Pascal hard fork, which laid the groundwork for this new era of performance improvements.

These upgrades aim to position BNB Chain as a top-tier ecosystem for developers and users seeking high throughput and low latency.

“Lorentz at 1.5s blocks? Solana already does 0.4s. But Maxwell is at 0.75s… BNB’s roadmap is evolution on crack,” one user quipped.

Despite this news, BNB’s price is up by a modest 0.29% in the last 24 hours. As of this writing, it was trading for $608.22.

While BNB Chain enjoys smooth progress, Ethereum’s upcoming Fusaka hard fork is mired in internal controversy. Specifically, the now-scrapped EVM Object Format (EOF) upgrade has become contentious.

Originally slated to be part of Fusaka, EOF aimed to modernize Ethereum’s virtual machine (EVM) architecture. This could make future upgrades easier and improve developer tooling.

However, in a post on Monday, April 28, Ethereum Foundation executive Tomasz Kajetan Stańczak clarified that EOF would not be part of the upcoming May 7 Pectra upgrade. Further, its inclusion in Fusaka is under debate.

“The Pectra upgrade does not include EOF, nor intended to include EOF. Everything on Pectra is going as planned for the May 7th release,” Stańczak articulated.

Fate of Ethereum’s EOF on the Balance

In a follow-up post, Ethereum core developer Tim Beiko confirmed EOF’s removal from Fusaka, citing concerns over complexity and potential delays.

“EOF was removed from the Fusaka network upgrade today,” Beiko stated.

The decision followed contentious developer calls. Strong disagreements emerged over whether the EOF was technically necessary or merely a symbolic improvement.

“EOF is probably dead due to a lack of rough consensus. This is a massive milestone… symbolic of Ethereum evolving toward maximal consideration of user impact,” said Storm, a data researcher at Paradigm.

Some developers voiced concerns that EOF added too much complexity and risked future maintainability. Others argued that dropping EOF represents a shift toward prioritizing user-centric governance over rigid adherence to prior technical roadmaps.

Supporters of EOF believe it would have made Ethereum’s core system cleaner and more modular. Such an outcome would align with the Ethereum Foundation’s broader vision of the platform as the “world computer of humanity” and an “infinite garden” that supports sustainable, decentralized growth.

Still, with Fusaka now targeted for Q3 or Q4 2025, likely in September or October, the Ethereum community will continue debating what constitutes necessary innovation versus over-engineering.

In the short term, the contrast between BNB Chain’s aggressive technical advancements and Ethereum’s philosophical debates reflects two approaches to blockchain evolution. While one focuses on speed and optimization, the other targets resilience and social consensus.

The post BNB Chain Optimizes for Speed, While Ethereum’s Fusaka Faces Developer Rift appeared first on BeInCrypto.

Bitcoin’s supply in profit has continued to rise steadily despite recent setbacks and persistent market headwinds.

On-chain data shows that over  85% of BTC’s circulating supply is currently in profit. This is a historically bullish signal but often marks the beginning of euphoric phases in market cycles. 

BTC Enters Bullish Territory, but Analysts Warn of Possible Pullback

BTC’s supply in profit measures the percentage of coin holders who acquired their assets at prices lower than the current market value. When this number rises, it indicates broad investor confidence and strong capital inflows into the asset.

In a new report, pseudonymous CryptoQuant analyst Darkfost found that more than 85% of BTC’s circulating supply is currently held in profit. Although this trend represents a bullish signal, it comes with a catch.

“Having a large portion of the supply in profit is not a bad thing, quite the opposite. Of course, there are certain levels that are more “comfortable” than others, but generally, an increase in the supply in profit tends to fuel bullish phases,” Darkfost wrote. 

According to the analyst’s note, the market is now entering the euphoric zone, a phase that emerges when the profit supply approaches or exceeds 90%. These levels, while bullish, have often coincided with local market tops as traders begin to lock in profits, triggering short- to medium-term corrections.

“Historically, when the supply in profit surpassed the 90% threshold, it consistently triggered euphoric phases, and we are now approaching that level. However, these euphoric phases can be short-lived and are often followed by short- to medium-term corrections.”

Funding Rate Signals Market in Wait-and-See Mode

Interestingly, BTC’s funding rate remains relatively balanced, indicating that the market is in a state of anticipation. At press time, the coin’s funding rate is 0%.

The funding rate is a periodic payment between traders in perpetual futures markets, used to keep contract prices aligned with the spot market. As with BTC, when an asset’s funding rate is 0%, it indicates a neutral market sentiment, where neither long nor short positions dominate.

This signals that BTC investors are waiting for a catalyst to provide clearer direction. This neutral market sentiment and rising profit supply set the stage for potential price volatility in the near term.

Bitcoin Holds Firm Below Resistance

At press time, the king coin trades at $95,125, resting below a major resistance level of $95,971. Despite recent market volatility, BTC demand among spot market participants remains significant, as reflected by its Relative Strength Index (RSI), which currently stands at 68.21.

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 suggesting that the asset is overbought and due for a price decline. Converesly, values under 30 indicate that the asset is oversold and may witness a rebound.

BTC’s RSI reading indicates room for further price growth before the coin becomes overbought. If demand strengthens, the coin could break above the $95,971 resistance and rally to $98,983.

However, if bearish sentiment grows, BTC could resume its downtrend and fall to $91,851.

The post Bitcoin (BTC) Approaches Euphoria Zone With 85% of Supply in Profit appeared first on BeInCrypto.