BitMEX co-founder and former CEO Arthur Hayes provided a bold price forecast for Hyperliquid’s HYPE token, revealing it could flip Solana’s price performance. He outlined his prediction on X, where he claimed his ‘degen’ target this bull season was for HYPE to flip SOL and become among the top ten largest cryptocurrencies by market capitalization. Solana Price Performance Faces Headwinds as Expert Eyes HYPE as Emerging Leader Solana (SOL) price performance could be flipped by Hyperliquid’s HYPE token if the SOL token fails to breach the $180 level, a critical resistance level that has been blocking it for the second consecutive week. Should this scenario unfold, Solana could drop to $140 – $150 level. A scenario that could make way for the HYPE token to outshine Solana by price performance. Particularly if the Hyperliquid token achieves Arthur Hayes’ projected target of $100. Hayes made two bold predictions regarding HYPE, the… Read More at Coingape.com
AI coins like HOLLY, PROMPT, and DSYNC have seen notable Smart Money accumulation in recent weeks. Over the past few weeks, these three projects have stood out in on-chain activity.
Specifically, HOLLY brings visual storytelling to blockchain, PROMPT powers AI interactions across chains, and DSYNC focuses on AI and DePIN infrastructure. Despite contract risks flagged by GoPlus Security, these AI coins show rising adoption, strong trading activity, and expanding holder bases.
h011yw00d by Virtuals (HOLLY)
HOLLY, short for h011yw00d, is an AI-powered cinematic agent that turns internet conversations into short visual films. Unlike traditional formats, it tells stories without dialogue or captions, using only visuals to express emotion and narrative. As a result, the project offers a new way to interpret online interactions through AI filmmaking.
The team launched HOLLY four days ago on the Base chain. Since then, it has reached a market cap of $1.2 million and gathered over 48,000 holders.
Smart Money Holders and Total Balance for HOLLY. Source: Nansen.
According to Nansen, the number of Smart Money wallets holding HOLLY increased from 5 to 10 since April 18. Together, these wallets now hold around 13.4 million tokens. Additionally, the team launched the token via the Virtuals Protocol platform, one of the biggest players in the crypto AI agents space.
One of HOLLY’s top holders uses a wallet that Nansen, an on-chain analytics platform, labeled as linked to LongHash Ventures. Meanwhile, GoPlus Security, a crypto security firm, points out two key risks: the team can modify HOLLY’s tax, and they didn’t renounce ownership—both important factors for traders to monitor.
PROMPT
PROMPT is the native token of Wayfinder, an omni-chain tool designed to enable AI systems to operate across blockchain environments.
Wayfinder aims to create new methods for machine intelligence to interact with decentralized networks, facilitating more advanced on-chain AI integrations. PROMPT serves as the core asset within this ecosystem, supporting the platform’s operations and functionality.
Smart Money Holders and Total Balance for PROMPT. Source: Nansen.
Between April 9 and April 14, Smart Money wallets holding PROMPT jumped from zero to 20. That number has stayed the same for the past eight days.
PROMPT runs on the Ethereum blockchain. It has around 5,600 holders, a market cap of $53 million, and a daily trading volume of $706,000.
GoPlus Security flagged two risks. The team didn’t renounce ownership, and the contract allows new tokens to be minted. That could increase supply and push the price down.
Destra Network (DSYNC)
Among emerging AI coins, Destra Network positions itself as a decentralized solution for DePIN (Decentralized Physical Infrastructure Networks) and AI computing, aiming to streamline access to these technologies through a unified platform.
Currently, DSYNC has a market cap of $140 million and is held by over 48,000 wallets.
Smart Money Holders and Total Balance for DSYNC. Source: Nansen.
Since April 1, the number of Smart Money wallets holding DSYNC has grown from 41 to 44, and the token has seen a price increase of more than 13% in the past 24 hours. Over the same period, its trading volume reached $455,000.
According to GoPlus Security, DSYNC has two points of caution: the contract’s tax settings can be modified, and the token’s ownership has not been renounced—factors that could pose risks depending on future changes to the contract.
Bitcoin has just soared past $90,000, and the market is buzzing with excitement. This new rally comes at a time when trade tensions between the U.S. and China are starting to ease, and digital assets are gaining more political acceptance than ever before.
With so much happening, you might be wondering – what’s driving this surge?
Keep reading; it’s a sign of bigger things to come.
White House Comments Trigger Market Momentum
Markets got a boost after U.S. President Donald Trump and Treasury Secretary Scott Bessent made comments suggesting the long-running tariff battle with China may soon see relief. Bessent described the current tariffs as “unsustainable” and hinted that changes could be on the horizon. That alone was enough to send both stocks and cryptocurrencies higher.
Adding more fuel to the rally, Trump put to rest rumors about removing Federal Reserve Chair Jerome Powell. The move eased market fears around inflation and potential shakeups in monetary policy, helping to stabilize investor sentiment.
Brandon Lutnick Steps Into the Spotlight
While the macro backdrop is turning favorable, another major story is drawing attention: the launch of 21 Capital, a Bitcoin-focused investment firm founded by Brandon Lutnick. Brandon is the son of U.S. Commerce Secretary Howard Lutnick, and the venture is already making waves. According to the Financial Times, 21 Capital will offer public market exposure to Bitcoin, similar to the model used by Strategy.
But it’s not just the business model that’s catching eyes. Brandon’s last name carries serious weight. His father, Howard Lutnick, is the CEO of Cantor Fitzgerald, a major financial firm with deep ties to the crypto world. He also manages a large portion of Tether’s U.S. Treasury reserves. While Howard has previously raised questions about Tether’s liquidity during Senate hearings, his son’s move into Bitcoin sends a strong signal about long-term confidence in the space.
Big Names, Big Capital
The launch of 21 Capital is being powered by a heavyweight coalition:
Tether: $1.5 billion
Bitfinex: $600 million
SoftBank: $900 million
Additional funding: $550 million through bonds and private investors
The firm is being launched under the umbrella of Cantor Equity Partners. It has already secured $200 million and is targeting a total fund size of $3 billion. The capital will be used to buy Bitcoin and expand the firm’s footprint.
What stands out even more is the group’s decision to fix Bitcoin’s internal valuation at $85,000 per coin for investment purposes. With BTC already above $90,000, this pricing signals strong confidence in Bitcoin’s direction—even amid potential pullbacks.
Legacy Finance Meets Crypto
21 Capital’s arrival could mark a significant shift. It’s a moment where traditional finance, crypto heavyweights, and political families are coming together. As institutional adoption of digital assets continues to accelerate, 21 Capital may play a key role in connecting Wall Street with the decentralized world of Bitcoin.
Bitcoin’s latest breakout isn’t just about price; it’s about who’s backing it, and what that says about where things are headed.
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Bitcoin has just soared past $90,000, and the market is buzzing with excitement. This new rally comes at a time when trade tensions between the U.S. and China are starting to ease, and digital assets are gaining more political acceptance than ever before. With so much happening, you might be wondering – what’s driving this …
The US Senate has voted in favor of a motion to repeal an IRS rule targeting decentralized finance (DeFi) platforms. The motion now heads to President Donald Trump’s desk for his anticipated signature.
According to the latest reports, the resolution is close to becoming law, potentially by the end of this week.
Lawmakers Move to Overturn IRS DeFi Broker Rule
On March 26, the Senate voted 70-28 to pass H.J. Res. 25, introduced by Senator Ted Cruz and Representative Mike Carey. This vote marks the second time this month that the resolution has passed, following a 70-27 vote on March 4.
A procedural requirement regarding budget measures necessitated the re-vote after the House approved its version in a 292-132 tally.
“This clears the way for innovation in DeFi. This is bullish—less regulation, more growth, as we’ve been saying,” wrote Dan Gambardello on X.
Meanwhile, Eleanor Terrett, host of Crypto in America, revealed, citing a Republican Senate source, that the bill could become law as early as this Friday.
“Resolution to overturn IRS DeFi broker rule could become law by week’s end,” she stated.
The development comes amid a broader push for regulatory clarity. On March 26, the DeFi Education Fund, alongside a coalition of organizations, submitted a letter to leading US Senate and House Committees on Banking, Judiciary, and Financial Services members.
The letter aims to address the Department of Justice’s (DOJ) misinterpretation of money transmission laws.
“We write to urge you to correct the Department of Justice’s (DOJ) unprecedented and overly expansive interpretation of the criminal code provision proscribing operating an “unlicensed money transmitting business” as applied to software developers,” the letter read.
The coalition argues that the DOJ’s interpretation creates ambiguity. This could criminalize software developers working in the blockchain space.
Specifically, it would impact those using non-custodial technologies who do not control or possess customer funds. This position could threaten the viability of US-based software development in the digital asset industry and beyond.
Furthermore, the letter emphasizes that the DOJ’s stance contradicts existing guidance from the Financial Crimes Enforcement Network (FinCEN) and previous legal interpretations. Thus, it could potentially lead to overreach and unfair treatment of blockchain developers.
The signatories, including Paradigm, A16z Crypto, Polygon Labs, Coinbase, Kraken, and others, request that Congress urge the DOJ to clarify its position. They aim to ensure alignment with legal precedent and congressional intent and prevent the stifling of innovation in the US tech sector.
