Day: April 25, 2025

Why Is Solana (SOL) Price Up More Than 5% Today?

Key Notes Solana (SOL) skyrocketed almost 6% in the past day, well above the 20 and 50-day EMAs. SOL Strategies announced a $500 million convertible note offering solely to purchase SOL. An analyst predicted that SOL could soon be trading above the $200 price level amid a 14% weekly surge. Solana SOL $154.3 24h volatility: 4.7% Market cap: $79.88 B Vol. 24h: $4.61 B surged by 5.91% in the past 24 hours to reach $154.47 at press time, continuing its strong weekly rally of nearly 15%. A major catalyst behind…

Investors can turn to stocks as Bitcoin nears range top, analysts warn

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Analysts warn that investors may shift to stock replacement strategies as Bitcoin approaches the upper end of its $73,000 to $94,000 range. Bitcoin’s (BTC) recent rally has put it at the upper end of its trading range, and analysts are now warning that investors may look to stocks as a safer alternative. With Bitcoin now trading at around $93,500, the cryptocurrency has broken above its 21-week moving average, which is considered a key indicator for distinguishing between bull and bear markets, analysts at Matrixport noted in a recenet research report.…

China may shift from US Treasurys toward gold, crypto — BlackRock exec

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Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks. He pointed to a long-term trend where countries have been reducing their reliance on dollar-based reserves in favor of assets like gold and, increasingly, Bitcoin (BTC). “This whole diversification away from traditional assets and into things like gold…

SUI Eyes $4 Amid 56% Surge – Here Are The Levels To Watch

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. SUI is leading the crypto market with a 56% surge over the past seven days, reigniting bullish sentiment toward the token. Amid its price recovery, some analysts suggested that…

Blockchain needs regulation, scalability to close AI hiring gap

The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030. Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph. The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List. Total…

Cathie Wood Blasts Trump’s Tariffs, but Remains Optimistic About Innovation

The CEO and founder of Ark Invest criticized the president’s controversial trade policies, saying that Trump’s tariffs “have created turbulent times.” Ark CEO Slams Trump’s Tariffs, but Remains Bullish on Innovation Cathie Wood, CEO, chief investment officer, and founder of Ark Invest, a Florida-based investment firm with nearly $7 billion in assets under management (AUA), […] Source CryptoX Portal

5 Bitcoin charts predicting BTC price rally toward $100K by May

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Key Takeaways: BTC liquidation levels, onchain data, and chart setups converge at the $100K target. Profitability has surged, suggesting a rebound in market confidence. BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. BTC double-bottom hints at $100,600 target BTC’s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643. The…

Ripple President Shocks XRP Army with Product Updates

Key Notes Ripple’s acquisition of prime brokerage firm Hidden Road for $1.25 billion is back in the spotlight. XRP eyes bullish breakout with price holding above key levels. Derivatives marketplace CME Group is to launch XRP futures on May 19, boosting institutional interest. Monica Long, the President of American blockchain payments firm Ripple Labs Inc, has spurred fresh excitement within the XRP community. She recently stunned the community with updates on the company’s ongoing expansion and its latest acquisition. These developments come as the Ripple Labs-linked cryptocurrency XRP shows steady…

More Than 20% Of Supply Frozen Since 5+ Years

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows HODLing conviction has been growing on the Litecoin network, with the 5+ years old hands only adding further with each cycle. Litecoin Has A Notable Part…

SUI Rallied 70% in 7 Days – Can It Reach New All-Time High?

Key Notes Sui reached the $3.6 mark for the first time since early February. Stablecoins on Sui increased by 82% over the past week.Traders expect a new ATH for Sui before another correction. Sui SUI$3.6724h volatility:22.6%Market cap:$11.93 BVol. 24h:$3.66 B, a layer-1 blockchain that uses parallel transaction execution to become highly scalable, is seeing growing attention from traders, investors, and decentralized finance users. The layer-1 network saw its DeFi total value locked increase by 38% over the past week, reaching $1.64 billion for the first time since February 2, according…