The Cardano blockchain is dominating experts’ speculations, and this time, it is due to its Midnight upgrade, which introduces privacy and cross-chain compatibility. In a 2025 consensus, Cardano founder Charles Hoskinson revealed details of this upcoming rollout and the massive Glacier airdrop, drawing great interest in the process. While this development fuels Cardano’s fundamentals, several technical indicators suggest a muted effect on the ADA price. This analysis examines Cardano's price action and why a PayFiupstart could be key to navigating its rapid volatility. Cardano adopts an inclusive approach with surging network activity The Glacier Drop plans to distribute governance (NIGHT) and transaction (DUST) tokens to users across leading networks like Ripple, Ethereum, Solana, and Bitcoin. Unlike most launches that reward insiders and early investors, this drop is entirely retail-focused and is arranged for over 37 million wallets. If successfully deployed, this rollout can expand Cardano’s developer base, fueling larger inflows and increased network activity. Source: Santiment Already, the Cardano ecosystem has been showing impressive growth in 2025, with roughly 255,000 new wallets popping up this year alone, as per Santiment . This consistent growth in new wallets hints at expanding user adoption and potentially more utility for Cardano's blockchain, even as the ADA price loses sentiment. Cardano’s technical analysis raises red flags with a triple top pattern Chart analysts have spotted something concerning in ADA's price action, which could impede its potential rally amid signs of growth. The cryptocurrency has formed a "triple top" pattern, generally considered a bearish reversal signal. This formation shows up as three consecutive peaks hitting roughly the same price ceiling. Source: Base Case D on X In the case of Cardano, it means buyers are running out of steam and sellers are gradually taking control of the market. During the formation of the second resistance peak, ADA actually performed pretty well with a 28.53% jump. However, failing to break through this ceiling for a third time has left the token vulnerable to further downside. Consequently, Ali Martinez’s earlier outlook for Cardano has taken the bearish path after it refused to break through the $0.81 resistance level. Source: Ali Martinez on X Remittix, the bear-proof token with 1,000% upside potential As Cardano technicals predict a bear storm, a PayFi crypto, Remittix, is stepping up to deliver a 1,000% potential gain for investors. Behind this analysis is Remittix's strong fundamentals as it solves major issues in the enormous $190 trillion global payment sector. Remittix simplifies international money transfers at a lower cost than conventional systems. It offers flexibility and accessibility with access to over 40 crypto options and 30 fiat currencies. Users can send crypto, and recipients receive fiat currency. In a market without many retail options available, this straightforward utility could see Remittix easily make a name for itself in a booming industry. Source: Remittix In addition, Remittix Pay API stands out as a valuable tool for businesses. Companies can accept cryptocurrency payments and settle them in fiat, with funds transferred directly to a designated bank account. By supporting over 30 fiat currencies and 50 cryptocurrency pairs, the API offers the flexibility that businesses need to integrate cryptocurrency without worrying about market fluctuations. The $RTX token is the backbone of the Remittix ecosystem, driving functions like staking, rewards, and seamless platform use. Currently priced at $0.0757 during its presale, over half a billion tokens have been sold to date, raising more than $15 million so far. Conclusion With ADA price volatility tightening and multiple support zones in play, it appears the Midnight Glacier Cross-Chain Airdrop has had a dull effect. Consequently, the ADA price today is at a crucial tipping point. As long as bulls hold $0.76 and reclaim the mid-range zone of $0.78–$0.80, ADA can enter a bull run towards $2. But if pressure persists, ADA’s price spikes seen last week could unwind quickly, resulting in a revisit of the broader support zone near $0.60. If this happens, then Remittix could be the lifesaver for investors who strategically position their entries at $0.0757. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Ethereum has been on fire over the last month, climbing about 65% and showing some serious strength. Following close behind, Shiba Inu (SHIB) has gained around 28%, keeping up the momentum. But the real standout is Remittix (RTX) , which has already blasted past a 400%increase since its launch. With its presale still going strong at just $0.0757 per token, Remittix is quickly grabbing attention as a game-changer in the crypto space. It’s clear ETH’s rise is lifting more than just itself, SHIB and Remittix are riding the wave too. Ethereum Price 65% Surge Sparks New Market Energy: What’s Driving the Bull Run? Ethereum has surged by an impressive 65% in the last 30 days, with a strong 12% gain in just the past week. The market is showing serious love for Ethereum price, especially with its solid market cap of $24.37 billion. Source For over a decade, Ethereum has been the backbone of the blockchain world, evolving from a simple smart contract platform into a full ecosystem supporting entire digital economies. Now, Ethereum is pushing forward with its Trillion Dollar Security Initiative , a major effort to protect not just billions, but trillions of dollars in digital assets. This initiative is about more than just security; it’s about building trust and stability for everyone, from individual users to big institutions, making Ethereum the go-to platform for both small and massive on-chain holdings. Shiba Inu Coin Climbs 28% Riding Ethereum’s Wave: Can It Keep the Momentum? Among meme coins, Shiba Inu (SHIB) is currently one of the top three gainers, climbing 28% in the last 30 days. However, looking at the 7-day ratio, SHIB has barely moved, only a 0.5% increase. This shows that SHIB has lost some momentum and is now comfortably holding at a new support level around $0.00001500. Source Trade volume rose alongside the price surge, signaling strong buying pressure as traders jumped in. Since then, Shiba Inu Coin has entered a corrective phase, giving back about half its recent gains. But this isn’t a bad sign. The coin is retesting its breakout level near the 200 EMA , which it reclaimed during the rally, showing a classic bullish retest. The 50 EMA’s sharp upward angle confirms medium-term optimism, with the recent volume drop pointing to profit-taking, not panic. Remittix Soars Over 400% Amid Presale Hype: The Future of Cross-Border Crypto Payments? While ETH and SHIB fight for the spotlight, Remittix is quietly tackling a real headache in cross-border payments. It lets users convert over 40 cryptocurrencies into fiat and send the money directly to global bank accounts, fast and cheap. Built for everyday use, Remittix Pay helps businesses accept crypto and settle in fiat across 30+ currencies with 50+ crypto pairs supported. The merchant dashboard gives full control over conversions and payouts, bridging the crypto-fiat gap like no other. UNLOCKING! 🔥 Remittix 🔥 A 2025 MUST-HAVE! Unlike competitors such as Stripe or Wise, Remittix handles crypto-to-bank transfers with flat fees and instant settlement. The platform aims to grab a piece of the $250 trillion cross-border market by 2027. The RTX presale has already raised $15 million, selling two-thirds of available tokens, with a $250k giveaway fueling excitement. Priced at $0.0757 now, some predict Remittix could soar to $1 this year, making it one to watch closely. Conclusion Ethereum’s surge, Shiba Inu’s steady climb, and Dogecoin’s rising activity all show strong market moves. But Remittix is stealing the spotlight with its 400%+ gains and game-changing crypto-to-fiat payments. With over $15M raised and growing buzz, don’t miss your chance to jump in early on RTX before it takes off. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Hong Kong’s latest crackdown on cryptocurrency-related crimes underscores its commitment to combating illicit activities in the rapidly evolving digital asset landscape. This operation highlights the increasing sophistication of money laundering
Dogecoin (DOGE) bulls are bracing for new highs after on-chain metrics flash green. This comes after consecutive weeks of sideways trading despite attempted bullish resistance. On the broader scale, meme coin sentiments have skyrocketed, leading to an over $10 billion addition to the market. The jump is in line with the Bitcoin price surge and an uptick in DeFi numbers. Futures Traders Back Mega DOGE Run On-chain data shows over 69.5% of open Dogecoin positions on Binance Futures are long. This indicates a spike in trader optimism following recent DOGE price movements. The futures market gives an outlook on traders leaning towards the next cycle. Currently, DOGE holders are set for a price climb if the status quo remains unchanged. The long-to-short ratio is 2:2, signaling a trade imbalance that often leads to volatility. Expert trader Ali Martinez hinted that the long positions on Binance soared past 75% over the weekend. Although present figures dropped in hourly trading, overall sentiment remains stable behind a price uptick. Binance volume is also key to the bulls’ reaction to open long positions. Traditionally, positive Binance metrics propel market participants into an accumulation phase. DOGE price trades at $0.2438, a 4% rally in the past 24 hours. Weekly gains for the leading meme coin moved past 43%, igniting multiple breakout attempts. Over the past week, DOGE holders have flagged the $0.5 price mark as the next target. Is A Meme Coin Frenzy Ahead? Amid growing positive on-chain factors, several DOGE bulls are keen on fresh inflows , citing macro trade conditions. Dogecoin enthusiast Krisspax wrote that recent price surges have set the tone for a massive jump. “ After the big Dogecoin price move up from $0.17 to $0.25, $DOGE take a bit of a breather, then reclaims $0.25 overnight. This makes a nice cup and handle pattern forming where if Dogecoin gets back to $0.25 it’s a path to go even higher.” The influx of institutional demand for Bitcoin and top altcoins has reshaped meme coin dynamics, leading to growth. Shiba Inu (SHIB) soared 27% in the last seven days while PEPE and Official Trump spiked 76% and 20% in the same period.
The crypto industry is always buzzing with news and updates about the latest developments in the space. However, some projects and cryptocurrencies stand out over a specified period. The market intelligence platform Santiment has outlined the top trending tokens seeing the highest engagement across social media. They include popular assets like Solana (SOL), Chainlink (LINK), Tether (USDT), and FTT, the native token of the bankrupt crypto exchange FTX. The list also contains new tokens like Nexpace (NXPC) and Lanchcoin (LAUNCHCOIN). Crypto Assets Trending on Social Media According to Santiment’s analysis, Solana has been recording a strong presence among social media discussions of prices, market cap, and long-term forecasts up until 2040. Talks about the project have been linked to technical analysis, trading volumes, futures interest, and adoption by financial institutions. Also, the network has an active community and notable ecosystem growth, as highlighted in its promotions and airdrops. Next to Solana is NXPC, the native token of Nexpace, the blockchain arm of the South Korean video game developer Nexon. Multiple crypto exchanges, KuCoin, Binance, and CoinEx, have been listing NXPC since the asset gained the community’s attention. Besides being linked to the web3 gaming ecosystem MapleStory Universe, NXPC is making the rounds on social media due to its high annual percentage yield (APY) offers. There are also giveaways, trading competitions, spikes in trading volume, and significant community engagement on Telegram and X. As for Lanchcoin, traders are talking about its latest rapid surge of more than 5,500%, leading to a market cap of over $360 million. The asset is linked to Believe, a platform that allows users to launch tokens without traditional venture capital. Upcoming FTX Distribution by May End Up next is Chainlink, a decentralized oracle network expanding its reach via adoption and integration in the financial sector. The project is being used for major institutional transactions, like the first public blockchain transaction by the multinational financial corporation JPMorgan. Companies connected via Society for Worldwide Interbank Financial Telecommunications (SWIFT) have also been using Chainlink for collaborations. Furthermore, Tether’s flagship stablecoin USDT is being mentioned in social media discussions regarding the amount traded , buy and sell volumes, and 24-hour trading volumes. As a bridge between the crypto and real worlds, USDT appears in transaction data across multiple cryptocurrencies on exchanges. Finally, FTX’s FTT is in discussions because the bankrupt entity has announced the second distribution of roughly $5 billion to creditors by the end of this month. Santiment tagged this a significant development because it is a huge step in the estate’s ongoing bankruptcy proceedings. The post These Crypto Assets Are Blowing Up Across Social Media, According to Santiment appeared first on CryptoPotato .
Altcoins are swinging uphill alongside Bitcoin (BTC) and traditional assets as traders test new levels not seen in months. Ethereum (ETH) and XRP remain market leaders in terms of market cap and hourly growth data. In the last 24 hours, the ETH price spiked 3%, extending weekly growth above 41%. Analysts opine that this stellar price growth is poised to flag off a new chapter for altcoins. Institutional Demand Remains Bullish Ethereum’s institutional demand is soaring above other assets following a sharp price comeback. This recovery spurred similar growth in a slew of altcoins, while the pack followed with mild gains. At press time, Ethereum’s price broke the $2,500 mark after several months of moving past multiple psychological levels. Institutional demand is the top factor behind this positive trend, as inflows surge. Weekly gains in ETH funds continue to rise, signaling a potential price rebound. Bulls placed a $4 target on the assets this year to trigger an altcoin season. However, heated macro conditions led to a steep decline, wiping billions off the market cap. The White House sweeping and special tariffs jolted financial markets, although certain whales bought the dip. However, the recent U.S.-China agreement has boosted trader confidence, spiking a new wave of institutional inflows. ETH bulls have now set a $3K short-term price target if recent accumulation continues to institutional funds. Meanwhile, XRP gained significant traction over the weekend as institutional funds circle in. XRP soared 4% today and 19% over the last seven days. This upward swing has seen the asset’s price reclaim the $2.5 mark. It should be noted that most trades will align towards an altcoin season if the price flips $3. United States and China Cool Trade Tensions The world’s two largest economies announced a 90-day pause on most tariffs imposed last month. This eased trade tensions ushering in positive sentiments in financial markets. Per the agreement , Chinese exports to the United States will attract a 30% tariff, a turn from the previous 145% while US goods to China will be levied 10%. “ The Government of the United States of America (the “United States”) and the Government of the People’s Republic of China (“China”). Recognizing the importance of their bilateral economic and trade relationship to both countries and the global economy, Recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship…”
Crypto analyst Scott Melker believes Bitcoin could surge to $250,000 by the end of 2025, driven by institutional demand and a maturing market structure. Known for hosting The Wolf of All Streets podcast, Melker shared his outlook in a recent interview , pointing to reduced volatility and deeper integration with traditional finance as catalysts for the next major rally. “$250K this year totally possible,” Melker said, noting that Bitcoin’s volatility has dropped considerably. “It used to be about three times as volatile as the S&P. Now it’s less than two times.” Pension Funds and ETFs Fuel Bitcoin’s Shift Toward Market Stability Melker attributed the shift to increased involvement from pension funds and exchange-traded fund (ETF) issuers, describing a more stable environment as long-term investors replace short-term speculators. The arrival of institutional players, he said, has changed Bitcoin’s profile from a high-risk asset to a potential portfolio cornerstone. Signs of renewed strength have already emerged. In May, Bitcoin climbed above $104,000, while Ethereum moved past $2,600. The rally was accompanied by broader market gains, including surges in smaller-cap altcoins — a trend Melker said indicates new capital entering the space. The sector also saw a symbolic victory when Coinbase was added to the S&P 500, entering the benchmark index within its top 50 by market cap. Melker called it a clear signal that crypto firms are gaining legitimacy in traditional financial circles. Additional momentum has come from firms like Galaxy Digital and eToro, which continue to pursue public listings amid a more favorable regulatory landscape. Melker referenced recent developments, including paused enforcement actions by the SEC and pro-crypto signals from the White House, as factors contributing to what he described as “an extremely bullish backdrop.” Still, not all forecasts are as aggressive. Most analysts expect Bitcoin to peak between $120,000 and $150,000 this cycle. But Melker noted that unpredictable upside moves are part of the market’s history. “From the 2020 lows to the last peak, Bitcoin went from $3,000 to $69,000,” he said. “A 2.5x move from here wouldn’t be a big deal.” Adam Back Predicts Bitcoin Price Will Hit $500K-$1M This Cycle Adam Back, a prominent figure in the Bitcoin community and CEO of Blockstream, believes that Bitcoin is significantly undervalued and could surge to between $500,000 and $1 million per coin during the current market cycle. In a recent interview, Back expressed surprise at Bitcoin’s current price level (hovering around $103,300) given the surge in institutional interest and major developments in the crypto landscape. Despite being just 5% below its all-time high of nearly $109,000, Back argued the price does not yet reflect the full scope of bullish momentum building behind the asset. Meanwhile, according to Michael Saylor, founder of Strategy, Bitcoin’s recent price stagnation below the $150,000 mark can be attributed to short-term holders exiting the market . He added that Bitcoin is now finding its way into the hands of institutions and investors with a longer time horizon, particularly through spot Bitcoin ETFs and corporate treasury strategies. The post Bitcoin Could Hit $250K by End of 2025, Says Analyst Scott Melker appeared first on Cryptonews .
The clash between retail capitulation and institutional accumulation is heating up! Bitcoin retail holders are offloading aggressively. Meanwhile, smart money is doubling down. Can these heavy hitters absorb the macro
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The clash between retail capitulation and institutional accumulation is heating up!