The cryptocurrency market is abuzz as Hyperliquid’s native token, HYPE, reflects the explosive breakout trend first seen with Solana in 2021, suggesting a possible surge ahead. Analysts are drawing parallels
The crypto world saw major developments this week as Texas moved closer to holding Bitcoin in its treasury, and Kraken announced plans to tokenize major tech stocks. The DOJ launched a criminal probe into the Coinbase cyberattack, while Trump hosted a memecoin gala attended by industry insiders. Meanwhile, U.S. lawmakers advanced stablecoin regulation with the Senate's passage of the GENIUS Act. Bitcoin Texas has moved one step closer to becoming the third U.S. state to officially hold Bitcoin in its treasury with the Senate Bill 21 passing its second reading with a majority vote win. The United States government is considering alternative “budget-neutral” methods of funding its new bitcoin strategic reserve, creating lots of excitement worldwide in the cryptocurrency world. DeFi Enhanced liquidity improves market efficiency, stability, and predictability in DeFi by enabling arbitrage, optimizing capital use, and reducing fragmentation, with platforms like THENA’s V3.3 upgrade illustrating how modular, composable systems can address volatility and inefficiencies. Technology Cryptocurrency exchange Kraken is preparing to roll out tokenized versions of Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA) stocks, marking a major step in merging traditional financial markets with blockchain technology. Business A group of the largest U.S. commercial banks, like JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, is reportedly in early discussions about launching a joint stablecoin . Web3 Crypto industry bigwigs attended President Donald Trump’s memecoin gala . However, while many attendees at the event remained unknown to the public, a few high-profile guests appeared for the cameras. Web3 data visualization service Bubblemaps expands its offerings to BNB Chain, aiming to enhance token transparency and on-chain visibility for users. Web3 data visualization service Bubblemaps expands its offerings to BNB Chain, aiming to enhance token transparency and on-chain visibility for users. Security The United States Department of Justice (DOJ) has launched a criminal investigation into a recent cyberattack against Coinbase, which exposed sensitive internal documents and limited customer data. The perpetrator behind a significant data breach targeting Coinbase users has escalated their activities, openly mocking blockchain investigator ZachXBT while continuing to launder millions in stolen cryptocurrency. Regulation Jeremy Jordan-Jones faces multiple federal charges after allegedly defrauding investors with a sham blockchain firm and siphoning funds to fund personal luxuries. The dissolution of the government task force investigating the $250 million Libra crypto scandal promoted by Argentinian President Javier Milei has deepened public distrust and harmed accountability efforts. In a significant step for cryptocurrency regulation in the United States, the Senate voted 66-32 on Monday evening to advance the long-debated GENIUS Act — legislation aimed at regulating stablecoins, a category of digital assets pegged to fiat currencies like the US dollar. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Key takeaways : HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Hyperliquid's native token, HYPE , is mirroring a strikingly similar price structure to Solana’s ( SOL ) early 2021 breakout—one that preceded a 300% rally. HYPE chart fractal targets 240% rally by July In January 2021, Solana broke out from a prolonged consolidation phase just as marketwide interest began accelerating. The breakout, highlighted by a decisive flip above key Fibonacci retracement levels, triggered a vertical rally that saw SOL jump to the 4.618 Fib retracement line at around $19 from roughly $4.90 in under two months, marking a 291% surge. SOL/USD daily price chart. Source: TradingView Fast forward to May 2025, HYPE’s daily chart is showing the same bullish structure following its 270% rebound from $10 lows in April, aligning with its 0.0 Fibonacci retracement line. On May 23, HYPE broke above its 1.0 Fibonacci retracement level (~$35.88), echoing the early stages of SOL’s explosive run in 2021. HYPE/USD daily price chart. Source: TradingView Moreover, the relative strength index (RSI) for HYPE has entered deeply overbought territory (above 84), which, while suggesting caution in the short term, also underscores the strength of the current momentum, much like Solana’s RSI profile during its 2021 breakout. If HYPE continues to follow this fractal, the 1.618 Fibonacci extension level near $51.68 appears to be the next logical target. Beyond that, the 4.618 level at around $128 could mark the peak of this potential rally, a 240% move from its recent breakout zone near $35. Hyperliquid is like Solana and FTX combined — analyst Popular analyst and commentator Ansem highlights that Hyperliquid’s vision is very similar to what Solana and FTX aimed to build during their early partnership: a high-performance, low-cost crypto trading experience. He argues that, unlike FTX’s centralized architecture, Hyperliquid is fully onchain. Source: X/Ansem Nearly 97% of all trading revenue goes directly back to HYPE tokenholders, Ansem noted, adding that such fundamentals will assist the Hyperliquid token to reach “all-time highs soon.” Psychologically, traders are often drawn to familiar and previously successful patterns. In 2017, Ether ( ETH ) mirrored Bitcoin’s ( BTC ) 2013 arc almost identically, from the parabolic blow-off top to the retracement and range-bound recovery phase. BTC/USD and ETH/USD fractal comparison chart. Source: TradingView When traders recognize that HYPE could be repeating Solana’s 2021 trajectory visually and fundamentally, it may reinforce bullish conviction and draw in speculators hoping to catch the next “Solana” moment. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
ARK Invest CEO Cathie Wood believes that cryptocurrency ETFs will continue to play a crucial role in the financial landscape, even as crypto wallets gain more widespread adoption. Speaking at the Solana Accelerate event in New York on May 23, Wood explained that ETFs serve as a simple and accessible option for investors who find the process of managing wallets too complex. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said. She emphasized that while crypto wallets offer added protection and independence, the ease and convenience of ETFs will keep them popular among traditional investors. “So ETFs for those who want the convenience, I don’t think, will lose a lot of their luster,” she added. ETH ETFs See Slower Growth, SOL Faces Image Challenges Bitbo data indicates that there are roughly 200 million active Bitcoin wallets globally. Meanwhile, U.S.-based spot Bitcoin ETFs recorded approximately $2.75 billion in inflows during the trading week ending May 23, coinciding with Bitcoin reaching a new all-time high of $111,970. Since their launch in January 2024, spot Bitcoin ETFs have accumulated nearly $44.5 billion in inflows. Wood also commented on the performance of spot Ether ETFs, which have seen around $2.77 billion in inflows since their July 2024 debut. She suggested that these products were “less successful than people were expecting,” largely because the U.S. Securities and Exchange Commission (SEC) did not permit staking—a key feature of Ethereum’s ecosystem. The SEC recently delayed a decision on Bitwise’s proposal to include staking in its Ether ETF . Still, Wood believes Ether can be a starting point for new investors interested in smart contract platforms. “So they might start in the smart contract world with Ether, but once they study the technology, and follow the developers, and see the uptake by consumers, I think they will get there,” she explained. Cathie Wood on TRUMP Memecoin When asked about the impact of President Donald Trump’s memecoin , launched on Solana, Wood acknowledged that such events may deter institutional investors. “I think they might be a little turned off by what happened with the Trump memecoin,” she said, referring to the coin’s 50% plunge shortly after launch due to the absence of immediate crypto policy action. Wood concluded by noting that she’s still finalizing her Solana price forecast, while ARK recently raised its 2030 Bitcoin target from $1.5 million to $2.4 million. The post Cathie Wood: Crypto ETFs Will Remain Relevant Despite Wallet Growth appeared first on TheCoinrise.com .
On May 25th, a recent report from COINOTAG highlights significant activity in the crypto market involving prominent whale trader James Wynn. Utilizing data from HypurrScan, it’s revealed that Wynn has
The crypto space has a flair for the dramatic – and scandals are still its favorite subplot. One day it’s phishing scams turning up in your mailbox like cursed invitations. The next, someone’s being kidnapped over their seed phrase. And just when you think it can’t get any weirder, a multi-million dollar exploiter walks out of court with a smile and zero jail time. It’s the kind of chaos that gives regulators ulcers and honest investors heartburn. But here’s the twist: while bad actors steal headlines, a new wave of new crypto projects is quietly building tools that actually help. These aren’t hype tokens – they’re practical, security-first platforms that could be the grown-ups the industry desperately needs. If you’re looking for the best crypto to buy in a market full of madness, these three deserve your attention. When Chaos Reigns: A Quick Reality Check Think crypto’s getting safer? This week says otherwise. First up – the kind of story that sounds made up. In Italy, a man was kidnapped and tortured in a mountain cabin for eight days — all so the attacker, a Dutch crypto investor, could steal his wallet passwords. It’s digital greed at its darkest. Meanwhile, Ledger users received fake phishing letters via USPS. Real envelopes. Fake security alerts. Inside was a malicious QR code urging users to ‘reset’ their wallets. It looked official, and a major exec called it one of the most sophisticated phishing attempts yet. And finally, the Mango Markets exploiter who drained $110M. His fraud conviction was overturned. The judge ruled that using a loophole wasn’t technically illegal. He walked free. The takeaway? Crypto still lacks real protections. But not everyone’s asleep at the wheel. A handful of new projects are using this chaos to build smarter, safer systems – with tools designed to keep your assets and identity intact. Let’s take a look at the best crypto to buy if you’re ready to invest in the solution, not the problem. 1. Best Wallet Token ($BEST) – The Utility Token That Does More Than Sit in Your Wallet Best Wallet Token ($BEST) isn’t just another token – it’s quickly earning its place among the best altcoins of 2025, powering one of crypto’s fastest-growing ecosystems. Built around the Best Wallet app , $BEST gives holders real utility: reduced transaction fees, early access to vetted crypto presales , staking rewards, and even iGaming perks like free spins and lootboxes. With over $12.6M raised in presale and a current price of $0.025075, $BEST is gaining serious traction.The token unlocks exclusive features like Upcoming Tokens, a built-in presale platform for partner projects – all without scammy mirror sites or confusing DApps. There’s also ecosystem governance on the table. As Best Wallet’s user base (already growing at 50% per month) expands, $BEST holders will have a voice in its direction – from feature updates to presale curation. Backed by Fireblocks’ MPC-CMP security and supported by a 70K-strong social community, $BEST isn’t just a token. It’s a stake in the next wave of secure, user-first crypto infrastructure. In a market begging for safer tools and real rewards, $BEST stands out as one of the best crypto to buy right now. 2. SUBBD Token ($SUBBD) – Fighting Bots, Boosting Creators, and Backing It All With Data SUBBD Token ($SUBBD) is doing what few projects dare: calling out the fake numbers that dominate crypto influence. No more bottled engagement or shady shilling – $SUBBD tracks who actually delivers clicks, conversions, and community growth, and rewards users based on real impact. At its core, $SUBBD is the first AI-powered content creation and influencer platform that bridges Web2 fame and Web3 transparency. It lets users create AI-generated images, videos, and avatars with approval from real creators. Meanwhile, creators use $SUBBD’s built-in AI assistant to manage scheduling, edit content, and boost revenue – all without middlemen taking half their cut. Over $500K has already been raised in presale, and $SUBBD is currently priced at just $0.0555. With price forecasts putting it between $0.08 and $0.30 by the end of 2025, early believers may be in for real returns. The platform already boasts a 250M+ combined following across its ambassadors and brands, and offers staking rewards up to 20% APY. $SUBBD also powers frictionless payments, letting creators get tipped or paid in fiat or crypto – instantly and globally. In a market plagued by phishing scams and exploiters walking free, $SUBBD brings accountability and transparency back to digital influence. It’s not just a token. It’s a fix for an $85B creator economy that’s long overdue for disruption. 3. Bittensor ($TAO) – Building Decentralized AI Infrastructure In a crypto landscape plagued by scams and centralized exploits, Bittensor ($TAO) offers a refreshing alternative: a decentralized, blockchain-based machine learning network. This open-source protocol incentivizes developers to contribute and refine AI models collaboratively, rewarding them with TAO tokens based on the value they add to the network. Currently trading at $418.89, TAO has seen a 17% increase over the past month, reflecting growing investor confidence in decentralized AI solutions. With a circulating supply of 8.7M tokens and a market cap of approximately $3.4B, Bittensor is gaining traction as a leading project in the AI crypto sector. In an era where centralized systems are vulnerable to phishing scams and legal loopholes, Bittensor’s decentralized approach to AI development offers a more secure and transparent alternative. By fostering a collaborative environment for AI innovation, Bittensor not only addresses current security concerns but also lays the groundwork for a more resilient and equitable digital future. Order in the Chaos Crypto’s wild side isn’t going anywhere. But projects like Best Wallet Token ($BEST) , SUBBD ($SUBBD) , and Bittensor ($TAO) are proving that chaos can spark real innovation. These builders aren’t just dodging scandals – they’re responding with smarter, safer tools for everyone else.In a world where your password could get you kidnapped, it’s good to know there are still teams fighting the good fight. Always do your own research (DYOR) before investing in crypto. This article is for informational purposes only and doesn’t constitute financial advice.
Australia’s Senator Gerard Rennick has drawn criticism from the Bitcoin community after his remarks concerning the leading digital asset. In his recent post, the Australian senator questioned the value of the asset because he feels it can’t be eaten, adding that it is a Ponzi scheme. Senator Rennick’s reaction came after Bitcoin hit a new all-time high of $111,970 on May 22. In his post he noted his criticism of the asset, saying: “You can’t eat Bitcoin,” in response to a user who talked about his stance. In his post, Rennick mentioned that Bitcoin has a better chance of going to $1 million, noting that this could happen because it is a Ponzi scheme. Australian senator draws the ire of the Bitcoin community According to the Australian senator, his main reason for calling Bitcoin a Ponzi scheme is because he feels the asset cannot produce anything. “What exactly will this product produce? Absolutely nothing and nor will the thousands of people buying and selling it,” he said. He also added that Australia needs real engineers, not financial engineers. “We need infrastructure that delivers essential services, particularly energy, water and transport,” he added. Yes I do – Bitcoin will ultimately go to a $1 million dollars. Why because it’s a Ponzi scheme whereby Blackrock will pump more and more dollars into a supply constrained product. What exactly will this product produce? Absolutely nothing and nor will the thousands of people… — Senator Gerard Rennick (@SenatorRennick) May 23, 2025 The statement did not go down well with the Bitcoin community, as they were quick to call out the Australian senator. According to a post by the Australian Bitcoin Industry Body (ABIB), the senator’s remarks showed a deep lack of understanding about the asset and what it stands for. The group also mentioned that the lack of understanding leads to the senator not realizing what he is missing. ABIB also mentioned that it matters because misunderstanding often leads to misrepresentation, which in turn leads to bad policy. The group added that the government needs to look into how Bitcoin can enrich the country. “This isn’t about whether Australians can use Bitcoin—we already do. This is about whether our government is capable of understanding how Bitcoin can enrich the nation, drive innovation, and build long-term resilience for Australians,” ABIB added. Unchained podcast host Laura Shin also had words for the senator, noting that people cannot eat the internet and asking if he is opposed to that, too. Bitcoin Marathon team lead Jimmy Kostro also said, “This is definitely going to age well. Please enlighten us with more of your deep and nuanced understanding of Bitcoin.” Rennick responds to his critics amid wider anti-Bitcoin criticism The Australian senator did not take the criticisms lying down as he responded to everybody who needed a response. He mentioned that he didn’t need to explain anything to anyone because it’s his opinion and he holds onto it. “It’s pathetic how the Bitcoin community needs reassurance from a politician – the very people they claim they want to be free from,” Rennick said. Meanwhile, the Bitcoin community has been quite active over the last few months, going after prominent individuals with dissenting views about the asset. A few weeks ago, the group was all over Arizona Governor Katie Hobbs, criticizing her decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves. According to Hobbs, she made the decision because the Arizona State Retirement System is one of the strongest in the country, noting that it makes the best investments. “Arizonans’ retirement funds are not the place for the state to try untested investments like virtual currency,” she added. The decision was met with backlash from prominent Bitcoin proponents, with Bitcoin entrepreneur Anthony Pompliano saying, “Imagine the ignorance of a politician to believe they can make investment decisions.” Casa co-founder Jameson Lopp also said the decision will age poorly. Meanwhile, the decision did seem to please some analysts, including Bitcoin critic Peter Schiff. Schiff has been a long-standing critic of the asset and didn’t waste time jumping to Hobbs’s defense. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Bitcoin is holding at $107,911 down 1.10% in the last 24 hours with $46.17B in trading volume. As we head into the Memorial Day weekend all eyes are on whether reduced liquidity will lead to big moves to $115,000. Bitcoin ETF Inflows Signal Renewed Institutional Confidence Spot Bitcoin ETFs saw significant inflows between May 17 and May 23, totaling $2.75 billion, a 4.5× increase from the previous week, according to Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) stood out, continuing its eight-day streak of inflows. Supporting this, Coinglass data reveals heightened spot exchange activity. On May 23, the BTC spot exchange net inflow heatmap shows Binance leading with $19.87 million in net inflows over a 1-hour window, while Bybit, OKX, Kraken, and Bitstamp saw smaller inflows. Bitcoin Spot Data Analysis – Source: Coinglass Spot exchange volume heatmaps confirm Binance’s dominance with $92.84 million, followed by Bybit’s $42.71 million. Bitcoin Spot Data Analysis – Source: Coinglass Key highlights: Spot ETF inflows : $2.75B between May 17–23; $5.39B total for May Spot exchange inflows : Binance $19.87M net inflow, Bitstamp $1.91M Exchange volume : Binance $92.84M, Bybit $42.71M, OKX $22.34M This data aligns with Bitcoin’s recent rally to $111,970 on May 22 and suggests renewed institutional and exchange-driven interest. The Crypto Fear & Greed Index cooled from 78 (“Extreme Greed”) to 66 (“Greed”), reflecting a slight pullback in sentiment. Bitcoin Technical Analysis: Key Levels for the Weekend On the 2 hour chart Bitcoin is testing supports as it’s below the 50 period EMA at $108,315. Price is pressing against the ascending trendline at $107,000 and the Fibonacci retracement levels from the $102,190 low to the $111,958 high have $107,074 as a key pivot. Supports : $107,074, $105,905, $104,289 Resistance : $108,315, $109,637 Indicators : Bearish MACD crossover, indecision candles, trendline pressure If BTC goes below $107,000 expect drops to $105,905 or $104,289. But if it goes above $108,315 it could regain bullish momentum and target $109,637 and above. Hence, Bitcoin price prediction remains bearish under $107,.000 and vice versa. Will Thin Liquidity Cause a Weekend Spike? With the long weekend ahead reduced liquidity will amplify price movements. If ETF inflows continue and technicals recover BTC might go to $115,000. But if indecision and low volume persists BTC could move big in either direction. BTC Bull Token Nears $7.33M Cap as 65% APY Staking Draws Interest With BTC/USD falling below $108,000, attention is shifting to altcoins like BTC Bull Token ($BTCBULL) . So far, $6.33 million has been raised out of a $7.33 million cap. The presale is closing in on its limit, next presale price jump closes in fast. Bitcoin Rewards and Supply Reductions BTC Bull Token operates with a built-in system: the higher Bitcoin’s price, the more BTC airdrops are distributed to token holders. Notably, presale participants receive priority. The system also features: Token burns every $50K BTC increase, reducing supply. Current token price at $0.00253 before the next bump. This approach aligns token value with Bitcoin’s price moves while maintaining scarcity through programmed burns. Staking Terms for Passive Returns BTCBULL’s staking pool holds 1.62 billion tokens offering 65% APY, with: No lockup periods or fees. Full access to funds at any time. This structure appeals to holders looking for yield without complex requirements or risk of illiquidity. Momentum Before the Cap Fills With just over $1 million remaining in the presale, buyers are positioning early. The token’s mechanics of Bitcoin-tied rewards, supply adjustments, and staking options are driving participation. Key figures: USDT raised : $6,329,314.26 / $7,332,195 Token price : $0.00253 BTCBULL offers a whopping ~65% APY on its Ethereum-based staking pool (currently holding 1.61B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity. The post Bitcoin Price Prediction: BTC at $107,911 After Big Week — Will Lower Volume Drive Volatility to $115K? appeared first on Cryptonews .
On May 25th, COINOTAG reported significant movements in the cryptocurrency markets involving a prominent trader, James Wynn. His BTC short position has dramatically shifted from a profitable stance to a
Bitcoin is being touted as a solution to dollar debasement amid persistent government overspending