The resurgence of DogWiF Hat (WIF) is creating a buzz, with a notable 62.83% surge within just a week, making the $1 target feel achievable. After witnessing a plummet of
Peter Schiff warns of contradictions between Trump's tariffs and cryptocurrency ambitions. High inflation risks could arise if tariffs are implemented, affecting economic stability. Continue Reading: Peter Schiff Critiques Trump’s Tariff Strategy and Cryptocurrency Goals The post Peter Schiff Critiques Trump’s Tariff Strategy and Cryptocurrency Goals appeared first on COINTURK NEWS .
A few key factors suggest $1 could be closer than most think.
An altcoin associated with a decentralized physical infrastructure network (DePIN) project surged by nearly 44% on Friday after receiving a prominent exchange listing. On Thursday, the South Korean crypto exchange giant Bithumb announced it was listing XYO, the native token of the XYO Network. The XYO Network aims to process any type of decentralized data. Explains the project’s website , “Encompassing both a network and protocol, XYO can be used for aggregating, verifying, organizing, and utilizing decentralized data from any hardware node capable of running XYO-enabled software or firmware. XYO’s defining premise is decentralized verification, allowing network devices to verify the data flowing into the network’s databases by acting as witnesses for one another, strengthening the veracity of data received. Simple, accessible organization then allows this data to be put to use quickly and efficiently.” Earlier this month, the project announced it would be migrating its network to a new layer-1 chain focused on DePIN. To help facilitate that move, the XYO Network is also rolling out a new layer-1 native token, XL1, and will operate with a dual-token model going forward. The original XYO token will stay on Ethereum ( ETH ) and act “as an anchor to regulate the flow of XL1 into its native blockchain,” according to the project . XYO is trading at $0.0154 at time of writing. The 278th-ranked crypto asset by market cap is also up by more than 71% in the past week. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post DePIN Altcoin Outpaces Crypto Market and Skyrockets by Nearly 44% Following High-Profile Exchange Listing appeared first on The Daily Hodl .
Amid a general crypto market rebound, SUI stood out from the crowd, emerging as the second-highest weekly gainer, rising by 67.21%. The prominent altcoin has been one of the major headliners of the current market cycle, increasing by 192.70% in the past year. However, certain market technical indicators show that SUI is likely headed for a correction following its most recent explosive gains. Related Reading: SUI Price Soars Despite Overbought RSI – Can The Rally Sustain? Elliott Wave Count Suggests Pullback Looms For SUI In an X post on Friday, X market analytics handle More Crypto Online shared an interesting analysis on the SUI market using the Elliott Wave theory — a technical tool that predicts future price trends by recognizing recurring wave-like patterns. According to the analysts at More Crypto Online, SUI’s bullish performance in the past week means the altcoin has surged to the 178.6% Fibonacci extension level around $3.71. This specified Fibonacci level represents a major technical milestone as it is a classic target area in Wave 3 in the Elliott Wave analysis. For context, the Elliott Wave theory postulates that price movements occur in five recurring wave patterns. Wave 3 is usually regarded as the strongest and longest wave in a bullish trend. It is a wave of confirmation indicating a robust market participation. Based on the current wave count in the SUI market, the altcoin is completing the final stages of Wave 3, having surpassed the minimum Fibonacci extension level of 138%. As expected, signs of waning demand are beginning to set in, as indicated by a 5.7% price retracement in the past day. More Crypto Online predicts Wave 4 — a corrective price phase may now be imminent. SUI is expected to experience a price pullback with initial support zone set at $3.27. Notably, a decisive price break below this level would confirm the end of Wave 3 and the beginning of Wave 4. Furthermore, a deeper market support lies between $2.95 and $2.75, which represents the 38.2% – 50% Fibonacci retracement zone of the Wave 3 move. More Crypto Online views this price region as the support target zone for a healthy Wave 4 correction. Therefore, market bulls must hold this price zone to retain SUI’s bullish structure and set the stage for a potential Wave 5 breakout. SUI Price Outlook At press time, SUI trades at $3.58 following an 8.85% overall gain in the past day. Meanwhile, the coin’s daily trading volume is up by 18.64% and valued at $3.44 billion. If SUI’s price retracement continues, the altcoin is expected to trigger Wave 4 of its current wave cycle, indicating a potential 50% correction lies ahead. However, if bullish momentum remains intact, SUI could rise to around the 200% Fibonacci extension level, around $3.99, which represents the coin’s next major resistance. Related Reading: Ethereum Up 12% In a Week, but Derivatives Data Suggests Caution Featured image from Adobe Stock, chart from Tradingview
An XRP ETF has launched in Brazil, expanding regulated crypto investment and supporting XRP’s global adoption. Hashdex’s XRP ETF Debuts Global crypto asset manager Hashdex announced on April 25 via social media platform X the launch of XRPH11, which it described as “the world’s first XRP ETF” and “another crypto milestone on the Brazilian stock
The prices of Bitcoin moved by 12% in the past week, in line with a steady demand for the premier cryptocurrency. While there has been some price retracement in the last day, bullish sentiments remain high with market expectations of a further price appreciation. Bitcoin Bullish Flag Signals More Gains Ahead Following Bitcoin’s recent price surge, X market analyst Titan of Crypto reports that a clear bull flag has emerged on the 4-hour chart, suggesting a strong potential for a sustained price rally. The bull flag pattern, which signals continuation, consists of a sharp rise — the “flagpole”, as seen when BTC prices moved from $83,000 to $94,700 between April 20 – April 23. Thereafter, this is followed by a period of consolidation with downward-sloping, parallel trendlines, resembling a flag on the pole. This range-bound movement was seen as BTC moved between $91,800 – $94,700 between April 23-24. The flag usually precedes a breakout to new highs, provided the bullish momentum remains intact. Notably, Bitcoin broke out of the consolidation in the flag amidst recent price gains on April 25. However, breakouts from bull flags often mirror the magnitude of the initial surge of the flagpole. As a result, BTC is now positioned to climb toward the $103,000 mark, completing the full manifestation of the bull flag pattern.Following its price pullback on Friday, Bitcoin now appears to be trading between $94,600 – $95,504 in what seems like a mini consolidation phase. If market bulls are able to sustain the current demand level, BTC is expected to resume its rally. However, a waning market appetite could cause BTC to retrace further to $92,000. 95% Of BTC Holders In Profit In other developments, analytics firm IntoTheBlock reports that Bitcoin’s impressive price surge has moved 95% of the market investors to profit as prices climbed above $95,000. A majority of market demand has been attributed to the Bitcoin spot ETF market, which recorded its highest net inflows since January. According to data from SoSoValue , Bitcoin ETFs attracted $3.06 billion in weekly inflows — the largest amount recorded so far in 2025. These developments indicate a strong underlying demand likely sufficient to result in a sustained uptrend. At press time, BTC is valued at $94,359 following a 0.97% gain in the past day. Meanwhile, the asset’s daily trading volume has increased by 10.02% and is valued at $35.15 billion. Bitcoin continues to remain the largest digital asset, now accounting for 63.4% of the market.
Semler Scientific increases Bitcoin holdings to 3,303 after a $10 million investment. The company aims to position itself strongly in the digital asset market. Continue Reading: Semler Scientific Amplifies Bitcoin Investments, Solidifying Its Position in Digital Assets The post Semler Scientific Amplifies Bitcoin Investments, Solidifying Its Position in Digital Assets appeared first on COINTURK NEWS .
Brazil has marked a historical turning point after beating the United States to debut the first-ever exchange-traded fund (ETF) that tracks the spot price of Ripple-promoted token, XRP. Hashdex, a Brazilian crypto asset manager, has launched the XRP spot ETF on Brazil’s B3 stock exchange. Brazil Leads With First-Ever Spot XRP ETF XRP is the industry’s fourth most valuable cryptocurrency with a $158 billion market cap as of this writing. But despite its dominance in the cryptosphere, regulatory obstacles have effectively hindered the launch of a spot exchange-traded fund (ETF) until now. Asset manager Hashdex has launched the Hashdex Nasdaq XRP Fundo de Índice, or Hashdex Nasdaq XRP FI, according to a press release from Valor Econômico. Hashdex received the sign-off from Brazil’s Securities and Exchange Commission (CVM) to launch the XRP-based ETF back in February. After the approval by the country’s financial investments regulator, the fund entered into a pre-operational phase. The ETF was undergoing preparatory steps during this time and was not available for trading. Now trading on B3 under the ticker XRPH11, the fund will track the price of XRP across major crypto exchanges using the Nasdaq XRP Reference Price Index. The fund’s approval comes as issuers across the globe aim to address skyrocketing demand for crypto-focused investment products, amid a more friendly regulatory environment for these products and broadening acceptance among retail and institutional investors. Brazil: A Crypto Hub Brazil is notably Latin America’s largest economy, and the third-biggest economy in the Americas after the U.S. and Canada. It is also the region’s most prominent crypto player: Brazil has more Bitcoin ETFs than any other Latin American nation, and many of the country’s major banks offer investors some sort of digital asset exposure. Hashdex currently does not issue a spot Bitcoin ETF in the United States, but in December received approval from the SEC for a combo ETF offering investors exposure to both Bitcoin and Ethereum. J.P. Morgan analysts have predicted that, if approved, U.S.-listed funds could gobble between $4 billion and $8 billion in investor money. Spot Bitcoin funds have accrued over $38 billion in net inflows since going live in January 2024. Their Ethereum equivalents have attracted roughly $4 billion in net flows since trading began last July.
The price of Bitcoin jumped by more than double digits over the past week, putting in one of its best performances so far in 2025. After struggling under $87,000 for the past two months, the flagship cryptocurrency has finally returned above the $90,000 level. It remains unclear whether the recent BTC price surge is a continuation signal for the bull cycle. However, the latest on-chain data suggests that the investor sentiment might be turning positive again, meaning that the Bitcoin bull run could truly be back on. ‘ETF Printer Goes Brrr’ – Crypto Analyst In an April 25 post on the X platform, a crypto analyst with the pseudonym Maartunn shared an on-chain insight into the recent price rally experienced by the world’s largest cryptocurrency. According to the online pundit, the growing appetite of exchange-traded fund (ETF) investors in the past few days might have contributed to the Bitcoin bullish momentum. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years The relevant indicator here is the Coinbase Premium Gap, which tracks the difference between the Bitcoin price on US-based Coinbase Pro (USD pair) and global Binance exchange (USDT pair). When this difference is positive, it implies BTC is trading at a higher price on Coinbase than on Binance. Typically, a positive Coinbase Premium Gap indicates that US-based investors are purchasing Bitcoin aggressively, especially through ETF issuers that use Coinbase as a liquidity provider. According to data from CryptoQuant, this metric’s 30-hour moving average has stayed positive for more than 265 straight hours (approximately 11 days). Maartunn noted that this is the fifth-longest streak since the spot Bitcoin exchange-traded funds started trading in January 2024. Typically, a consistently positive Coinbase Premium Gap suggests that US institutional players and large investors are willing to pay above-market prices for Bitcoin — specifically through regulated channels like ETFs or custodial platforms. This prolonged positive streak is historically correlated with positive price action and accumulation phases for the flagship cryptocurrency. Hence, the latest spike in the Coinbase Premium Gap could provide the adequate condition to sustain Bitcoin’s newly-found bullish momentum and perhaps catalyze the next significant breakout. Bitcoin Price At A Glance The price of Bitcoin has climbed above $95,000 for the first time since February, reflecting a 2% increase in the past 24 hours. According to CoinGecko data, the premier cryptocurrency has surged by more than 13% in the past seven days. Related Reading: Bitcoin Holders Realizing $139 Million In Profit Per Hour This Rally, Report Says Featured image created by DALL.E, chart from TradingView