Bitcoin poised to break $100k with ‘little difficulty’ amid capital inflows, analysts say

With crypto liquidity improving and stablecoin inflows rising, Bitcoin could soon push past $100,000, Matrixport says. Bitcoin (BTC) could be preparing for a breakout above $100,000 as new capital flows into the crypto market, according to a Matrixport report conducted by market analyst Markus Thielen. In an X post on Monday, the analysts noted that crypto liquidity was improving and fresh capital was beginning to flow into the market, noting that after two months of sideways movement with a slight upward grind, early signs of a more aggressive fiat-to-crypto on-ramp…

Deloitte Predicts $4 Trillion Tokenized Real Estate Market by 2035, Driven by Blockchain Innovation

A recent Deloitte report forecasts that the global tokenized real estate market will grow from $0.3 trillion in 2024 to $4 trillion by 2035, with a 27% Compound Annual Growth Rate (CAGR), driven by blockchain-enabled fractional ownership and enhanced operational efficiency. The report projects growth in tokenized private real estate funds ($1 trillion), tokenized loans […] Source CryptoX Portal

Crypto ETPs hit 3rd-largest inflows on record at $3.4B — CoinShares

Cryptocurrency exchange-traded products (ETPs) bounced back with their third-largest inflows on record last week, according to CoinShares. Global crypto ETPs collectively posted $3.4 billion of inflows in the trading week of April 21–25, marking the highest level since December 2024, CoinShares reported on April 28. The inflows were just 13% below the all-time high of $3.85 billion seen in the trading week of Dec. 2–6, 2024, CoinShares previously reported. Renewed investment interest in crypto ETPs came as Bitcoin (BTC) broke back above $90,000 last week for the first time since…

Solana to hit $3K? Analyst sees bullish pattern.

Key Notes Solana is trading around $151, up by 2% in the past day. A long-term cup-and-handle pattern suggests a major bullish breakout could be near. Clearing the $153.65 resistance may propel SOL to $180, according to analysts. Solana SOL $150.9 24h volatility: 1.8% Market cap: $78.09 B Vol. 24h: $3.08 B is currently trading around $151 after posting a 2% gain in the past 24 hours. The sixth-largest cryptocurrency appears to be flirting with a major breakout, according to market analysts. Renowned analyst Ali Martinez recently noted that Solana…

Ripple catching up with aggressive acquisitions.

Key Notes Ripple’s Hidden Road deal will amplify its DeFi and institutional finance capabilities. With XRP Ledger’s 3–5 seconds settlement times, the firm hopes to boost TradFi efficiency. Ripple is positioning itself amid the $16 trillion custody market by 2030. John Deaton, a prominent crypto lawyer and XRP XRP $2.32 24h volatility: 6.2% Market cap: $135.40 B Vol. 24h: $5.30 B advocate, recently commended Ripple Labs’ efforts to expand following years of legal challenges. Deaton pointed to Ripple’s $1.25 billion acquisition of Hidden Road as a clear sign that the…

US Bitcoin reserves down 12% in 9 months.

Key Notes The US and China cut down on their BTC reserves. Bhutan increased its Bitcoin stockpile through mining. BTC could reach an all-time high in May. With the tremendous growth in the crypto space, governments have started seeing the need to participate in the ecosystem. Some governments, including the United States and China, hold Bitcoin BTC $94 807 24h volatility: 0.6% Market cap: $1.88 T Vol. 24h: $19.19 B reserves. Governments tend to get BTC from donations, seizures from criminals, buying on the open market, and owning mining farms.…

PENGU rallies with strong NFT sales – new ATH soon?

Key Notes PENGU reached a local high of $0.0141 earlier today. Pudgy Penguins NFT collection saw a 300% rise in sales volume. Analyst expects a pullback to key support levels before another breakout. Pudgy Penguins, a popular non-fungible token collection of 8,888 penguins, started to gain momentum as World Penguin Day, April 25, came closer. The NFT collection, featuring flightless birds, recorded a spike in sales as the leading firms in the industry, CoinGecko, VanEck, Uniswap, MetaMask, and Phantom, shared their penguin-styled collectibles on X on World Penguin Day. A…

ZachXBT flags suspicious $330M Bitcoin transfer triggering Monero surge

Onchain sleuth ZachXBT has flagged a suspicious transfer involving 3,520 Bitcoin (BTC) (valued at $330.7 million) that may indicate a major theft. The transaction, reported on April 28, saw funds moved from a potential victim’s wallet to the address bc1qcry…vz55g. Following the transfer, the stolen stash was quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero (XMR). The large-scale conversion led to a sharp 50% spike in XMR’s price, with the token reaching an intraday high of $339, according to data from CoinMarketCap. Source: ZachXBT At…

Bitcoin Core Developer: Erosion of Security Budget May Undermine Bitcoin’s Monetary Fundamentals

James O’Beirne, a Bitcoin Core developer, has raised concerns about the state of Bitcoin’s security budget and how its ongoing erosion might jeopardize what he refers to as ‘property rights.’ O’Beirne emphasized that there is little time to address this issue. Bitcoin Core Developer James O’Beirne Warns About Possible Erosion of Bitcoin ‘Property Rights’ as […] Original