Strategy (MSTR), Metaplanet (3350) and Others Sit on Billions in Bitcoin (BTC) Gains

With bitcoin trading at a record high above $117,000, some of its largest institutional holders are sitting on massive gains — and show no sign of planning to cash out. Strategy (MSTR), the software company turned bitcoin holding giant, owns nearly 600,000 BTC, according to BitcoinTreasuries.Net data, and has made an estimated $28 billion in unrealized profit at $117,464 price, data from Strategy Tracker shows. The company has spent more than $42 billion accumulating its stash, which makes it the third-largest bitcoin holder. Only the pseudonymous bitcoin creator Satoshi Nakamoto…

LetsBonk Overtakes Pump.fun, DeFi-TradFi Merge Looms

Pump.fun lost the top spot in the Solana memecoin launchpad rankings for the first time since its release, hinting at a shift in the memecoin sector.  As Cointelegraph previously reported, a newly created memecoin launchpad called LetsBonk flipped Pump.fun in daily protocol revenue, according to DefiLlama. While overall network activity shows a potential reshuffle instead of an expansion, some metrics indicate that Solana may be on the rise, with a potential expansion in memecoin activity.  In addition, decentralized finance (DeFi) and traditional finance (TradFi) may converge sooner than people think.…

Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout

Shiba Inu (SHIB) might be on the verge of a powerful rally, according to crypto analyst MasterAnanda, who believes the popular meme coin could climb more than 1,500% in this cycle. The analyst predicts SHIB may cancel another zero and reach a new all-time high if a few key levels are cleared. Signs Of A Possible Reversal SHIB has been stuck in a downtrend since March 2024. It peaked at $0.000045 before sliding back to close that month at $0.000030. Since then, the coin has moved within a descending triangle…

Altseason Starts As Bitcoin Soars Above $118K

Key points: Bitcoin remains strong as long as it stays above $110,530. Bitcoin breaking to new all-time highs has attracted buying in select altcoins such as ETH, HYPE, UNI and SEI. Bitcoin (BTC) has been on a roll, rising above $118,800 on Friday, indicating sustained buying by the bulls and short covering by the bears. CoinGlass data shows that roughly $570 million in BTC short positions were liquidated on Thursday. Another positive is that the US spot Bitcoin exchange-traded funds witnessed the second-largest daily inflows of $1.17 billion on Thursday,…

Bitcoin, Ethereum and Ripple rally as Trump’s tariff uncertainty clears and $130K is in sight

Bitcoin, Ethereum, and XRP are rallying on Friday. The top three cryptocurrencies are climbing higher as BTC enters price discovery and the $130,000 target comes into play. With institutional investors accumulating the largest crypto and rising capital inflows, further gains in the top three cryptos are likely. Traders and investors sitting on the sidelines could find it useful to open long positions in the top three cryptos. Derivatives market data shows that options traders are bullish and expect further gains in risk assets as the cloud of tariff uncertainty is…

SEC Fumbled Ball on Digital Large Cap Fund ETF listing

Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and Markets initially approved the ETF proposal, but the SEC’s Office of the Secretary decided to review the action immediately afterward, halting the decision, Grayscale’s attorneys said. The initial letter from the SEC approving the listing of the Grayscale fund. Source: SEC This violates the “statutory approval or disapproval deadline” set by the…

How to Use ChatGPT for Crypto Strategy, Signals, and Sentiment

Key takeaways ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates. Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory. Its strength lies in augmenting, not replacing, human trading decisions, especially when paired with tools like TradingView and LunarCrush. Limitations include a lack of real-time data and occasional prompt misinterpretation; success depends on prompt clarity and manual oversight. Combined with external platforms, ChatGPT becomes part of a powerful hybrid workflow for retail and professional…

SUI Explodes Higher, Climbing Above 20-Day MA — But Can The Rally Hold?

SUI is positioned for further upside, and backed by technical momentum and solid volume support. However, maintaining the price above the key moving averages will be crucial for the continuation of this bullish run. Volume Spikes Confirm Breakout Strength According to Gemxbt’s post on X, the SUI 1-hour chart is showing a strong uptrend, with the price trading above the 5, 10, and 20-day moving averages, which is a sign of short-term momentum and sustained buyer strength.  Related Reading The Relative Strength Index (RSI) is approaching overbought territory, which warns…

Binance Helped Create World Liberty Financial Stablecoin — Report

Cryptocurrency exchange Binance reportedly helped create the code behind the stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. According to a Friday Bloomberg report citing three people familiar with the matter, Binance helped create, promote, and played a role in the largest transaction of WLF’s USD1 stablecoin. The crypto business, backed by Trump and his three sons, launched USD1 on March 4.  An Abu Dhabi-based investment firm, MGX, announced a $2-billion investment in Binance on March 12 using a then-unnamed…