Bitcoin has seen quite a sharp move to the upside in recent weeks but Steve Grasso, the chief executive of Grasso Global Inc continues to see a possibility for further significant gains in 2025. Grasso has recently built a sizable stake in BTC as he’s convinced that the asset’s break above the $100,000 level could clear the path for it to hit $125,000 in the near term. His forecast translates to about 35% upside from current levels, which bodes well for crypto investors across the board as a Bitcoin rally tends to drive more interest into other digital assets, including…
Author: cryphedge
Shiba Inu is currently trading at the $0.00001344 mark on Friday and is mostly moving sideways in the charts. Investors who took an entry position in SHIB are waiting for the token to make them turn millionaires. They are inspired by the stories of early investors who put in a mere $1,000 and took home more than a million in profits. Present-day investors are hoping that the token will replicate its previous price run and make their portfolios swell.Also Read: Solana vs Litecoin: 5% Drop for SOL & LTC Eyes $200 ResistanceSource: CoingeckoEarly investors who poured $1,000 into Shiba Inu…
The crypto market in May 2025 is feeling the impact of some major changes. The arrival and success of spot Bitcoin Exchange-Traded Funds (ETFs) have brought big money and institutional investors into Bitcoin like never before. We’re seeing “mega-buys” from large players and, as BlackRock noted at the recent TOKEN2049 event, ETF flows are increasingly driven by these institutions. While this is fantastic news for Bitcoin and the overall legitimacy of crypto, it also creates an interesting dynamic: where do investors looking for potentially much larger percentage gains go next? Finding the best crypto presale is becoming a key strategy for…
Bitcoin’s strong 2024 rally and a shift in risk sentiment are fueling its case as a new safe-haven asset. Market metrics suggest uncertainty as whales shift positions near $95K, pointing to a possible turning point. Bitcoin is steadily climbing into territory long held by gold, with fresh support from leading voices in traditional finance. Jurrien Timmer, Director of Global Macro at Fidelity Investments, pointed out a key shift in performance metrics, noting Bitcoin’s changing role in global markets. Ironically, gold and bitcoin are negatively correlated to each other. As the chart below shows, both assets have been taking turns lately,…
OKX CEO Star Xu has responded to accusations from Tron founder Justin Sun, who claimed the exchange failed to act on a law enforcement request to freeze stolen funds linked to a hack of Tron’s official X account.Sun alleged that OKX ignored a “freeze notice” from law enforcement following the May 3 breach, during which Tron’s X account was compromised.The attacker reportedly posted a malicious smart contract address, sent direct messages, and engaged with unfamiliar accounts.Justin Sun Says OKX Ignored Freeze RequestIn a now-deleted post, Sun stated that the exchange had been contacted via official email but had not responded,…
Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral joke. One such meme crypto is CartelFi. It enables investors to earn passive income without compromising on the asset’s upside potential. What’s more, even before the highly anticipated launch in Q3, early adopters are already earning big during its presale. With every 3-day stage, CARTFI…
Binance funding rates flipped negative, signaling rising short pressure and shifting trader sentiment. Whale activity and long positions surged, suggesting accumulation despite overall market caution. While all eyes are on Bitcoin’s continued thrilling move, Binance data is quietly providing more clues. In the past few days, the platform has seen a sharp increase in short positions from traders, despite the market previously being dominated by long positions, according to CryptoQuant. This is evident from the surge in open interest that hit an all-time high of $12 billion. However, after a deep correction, that number plummeted 37% to $7.5 billion—as if…
Cardano and Hedera prices could benefit from massive ETF hype. Bitcoin Pepe presale gains momentum amid its innovative meme approach. BPEP could be the new token to watch in the meme coin and Bitcoin layer 2 space. Cardano (ADA) and Hedera (HBAR) are top 20 cryptocurrencies by market cap that have, in the past month, struggled for upside momentum. Meanwhile, Bitcoin Pepe (BPEP) is seeing notable traction as investors eye its fresh offering via a meme-centric layer 2 solution for Bitcoin. With the crypto market in an upbeat mood as risk assets pick a fresh bounce, what is the price…
A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know Your Business) approval. During this time, it was widely known that Banxa had already acquired millions of Pi at low prices, suggesting they planned to return once regulatory approval was in place.Banxa Now KYB Approved — Pi Available in 100+ CountriesNow, according to an update shared by Dr. Altcoin, Banxa is officially KYB approved. This is a big development for the Pi Network and its global community. With this approval, people in over 100 countries can now instantly buy Pi using cash through Banxa. This…
After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on the verge of a meaningful breakout. Recent price movements, technical signals, and broader macroeconomic trends all appear to be converging in DOGE’s favor.Technical Breakout from Descending ChannelAccording to analysis, Dogecoin has officially broken out of a descending channel, a formation that has capped price rallies since the beginning of the year. The breakout is further validated by a successful retest of prior resistance, now turned support, suggesting a bullish reversal is underway.The immediate resistance lies at $0.27, but continued bullish pressure could push DOGE toward…
