Month: April 2025

Bitcoin Profit Supply Hits Historic High: Is $100K Next?

Key Notes Bitcoin’s supply in profit has exceeded 85%, nearing the historic 90% euphoria threshold. Whale wallets have recorded $150B in unrealized profits since the start of April. Bitcoin’s 30-day demand momentum remains negative, signaling potential resistance ahead. Bitcoin’s recent move above the $94,000 range has sparked discussions of a possible parabolic shift, especially as on-chain metrics show signs of approaching euphoria. One such metric, the “supply in profit,” has now rebounded above 85%, inching close to a major 90% threshold. Historically, this level has acted as a trigger point,…

Technical Indicators Suggest Bitcoin May Reach $120,000 In Q2, Says Standard Chartered

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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. A recent forecast by financial services company Standard Chartered, indicates that the market’s leading cryptocurrency, Bitcoin (BTC), would hit new record highs of almost $120,000 in the second quarter…

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

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Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, said the firm’s strategy relies on “securing prime locations with abundant, low-cost energy.” “Initiatives like our latest expansion in Ethiopia are pivotal steps, not only creating significant value today but also solidifying our position,” he…

Latam’s Strategy Rises: Oranje Aims to Invest More Than $200 Million in Bitcoin

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Oranje, which is receiving advice from Itau BBA, Itau’s investment bank, aims to mimic the moves of Michael Saylor’s Strategy in Brazil and Latin America. The company was founded by crypto industry heavyweights Guilherme Gomes, formerly of Swan Bitcoin, and Guilherme Ferreira, president of Bahema. Oranje Prepared to Acquire Over $200 Million in BTC, Following […] Original

1INCH in Rebound Mode as DEX Launches on Solana

Key Notes 1INCH is now accessible on the Solana blockchain to connect to new ecosystems. The protocol is driving multi-chain functionality to bring value to users. Market trend shows a rebound for 1INCH but with a drawdown in volume. Solana blockchain has welcomed Decentralized Exchange (DEX) aggregator 1inch 1INCH $0.21 24h volatility: 0.4% Market cap: $286.59 M Vol. 24h: $29.77 M , triggering a price surge for the protocol’s native token. According to a press release, the integration is another step towards 1inch’s vision of a “unified multichain” Decentralized Finance…

DOJ Seeks 20-Year Prison Term for Alex Mashinsk

Key Notes The DOJ seeks 20-year sentence for Celsius founder Alex Mashinsky. Mashinsky admitted to fraud and siphoning $48M in funds. Victims still unable to access funds after Celsius collapse. The US Department of Justice has requested a strict prison sentence for Alex Mashinsky, the founder and former CEO of Celsius, due to his role in the operations of the now-defunct cryptocurrency lending platform. The DOJ stated that Mashinsky’s actions were not merely negligent but deliberate, as revealed in parts of his defense. The DOJ has requested the court to…

Bitcoin Climbs Over $95,000 Amidst $3 Billion ETF Inflows

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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. Bitcoin (BTC), the leading cryptocurrency, is witnessing a notable resurgence, with its price nearing the $100,000 mark for the first time since February 2025.  This upward trend has been…

Will Trump’s 100-day speech end Bitcoin’s ‘compressing’ range?

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Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand. Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains. Traders say Bitcoin price must clear key hurdles above $95,000 before continuing the uptrend to $100,000 and beyond. Bitcoin’s (BTC) price is consolidating in a tight range between $91,700 and $95,850, ahead of Trump’s 100-day commemorative rally. BTC/USD daily chart. Source: Cointelegraph/TradingView …

Altcoin Season Is Round the Corner: Santiment

Key Notes Santiment revealed that altcoins outpaced Bitcoin’s gains last week. Social media mentions of “altcoins” and “altseason” are also surging. Analyst sees strong parallels to past bull cycles, expecting a potential 10x altcoin rally ahead. Last week, when the entire crypto market surged over 10%, altcoins outperformed Bitcoin BTC$94 96524h volatility:0.2%Market cap:$1.88 TVol. 24h:$29.97 Band drew the attention of traders. According to a recent report from market intelligence firm Santiment, while Bitcoin posted a respectable 7.6% weekly gain, the broader market’s outperformance indicates a surge of capital flowing into…

Bitcoin miners may find better returns in AI than crypto, Novogratz’s Galaxy Digital suggests

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Bitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data center market, analysts say. As demand for AI infrastructure grows, crypto miners with access to power and cooling could be well positioned to profit from supporting high-performance computing workloads, according to a Galaxy Digital research report. The analysts believe miners with experienced management teams capable of executing AI and HPC buildouts have a “tremendous opportunity” to bring “significant incremental value to their companies.” The appeal lies in the…