On May 6th, the cryptocurrency market experienced a noticeable downturn, impacting several prominent crypto concept stocks. Among these, Coinbase saw a decline of 2.17%, reflecting ongoing volatility in the sector.
The post Solana Builds a Bullish Case to Reach $200-Here’s How it May Trigger a 20% Upswing to Reach $180 This Month appeared first on Coinpedia Fintech News In the past couple of years, the Solana price has displayed significant strength, recording 8 bullish months compared to 4 months of loss. The memecoin mania that broke out over the Solana network has kept the trading activity elevated. Besides, Axiom exchange surpasses Pumpfun to become the top revenue-generating protocol on Solana over the past 7 days. Moreover, Solana DApps accumulated more than $162 million in revenue in April, hinting towards a growing ecosystem. In the times when Solana has been outperforming every other chain in revenue generation for Q1 2025, will SOL price outpace the top tokens and demonstrate a mammoth price action in Q2 2025? Regardless of the short-term hindrances, the Solana price has been maintaining a strong bullish trend in the long term and flashing massive bullish signals. The price is trying hard to recover and enter the rising parallel channel that it had lost during the recent bearish action. Meanwhile, the weekly CMF, which dropped below 0 for the first time since 2023, has triggered a bullish divergence and is working hard to rise within the bullish range. On the other hand, the MACD is also supporting a bullish narrative, with the indicator showing a drop in the selling pressure and the levels heading towards a bullish crossover. Therefore, the Solana price is expected to consolidate around $145 for a while as the weekly volume has dropped significantly. Once the volume breaks out, the Solana price is expected to revive a strong upswing and enter the channel that may further help in achieving higher targets, probably at $200.
Mobile cryptocurrency miners can access Bitcoin mining through cloud mining on their smartphones. Current technology has reshaped the way people relate to cryptocurrency through mobile mining. Various applications accessible through mobile phones require only a reliable app and a device that allows users to enter the world of cryptocurrency without dealing with expensive hardware or high electricity expenses. This guide explains the leading free Bitcoin mining applications available for 2025, which offer straightforward access to crypto documentation. What is the Best Bitcoin Mining App in 2025? FioBit.com is a famous user-oriented Bitcoin cloud mining application for 2025 that suits novice and expert cryptocurrency miners. The platform provides an easy interface, adjustable mining plans, and clearly defined fees so users can get optimal returns from their Bitcoin investments without operating hardware. Real-time analytics, together with robust customer support make this experience simple to use for everyone. Additionally, these features make the system both effective and accessible. 7 Crypto Mining Apps For 2025 The following list presents the 7 top-rated Bitcoin cloud mining applications for Android and iOS systems. These applications are suitable for people with any level of mining experience. FioBit.com Rating 9.8/10 FioBit allows users to effortlessly mine crypto through its smart platform which features sustainability and accessibility for beginners at every level. FioBit.com provides new and experienced miners with a fluid mining experience through its combination of state-of-the-art AI hashrate optimization with 100% renewable energy and totally transparent operations. The business is rapidly growing into the preferred platform for efficient crypto mining, combining eco-friendly operations with flexible plans, real-time tracking functions, and a free trial contract in 2025. Click to visit FioBit.com to register and get $100 for free！ Select Your Plan and Start Mining Now! Investment Plan Contract Price Contract Term Daily Rewards Total Profit Percentage Return Antminer T21 [Free Trial] $100 1 Day $1.20 $1.20 1.2% WhatsMiner M63S+ $200 1 Day $7.00 $7.00 3.5% Antminer L7 8.8Gh/s $600 2 Days $16.80 $33.60 5.6% Antminer S21 Hyd $1,200 3 Days $37.20 $111.60 9.3% Antminer L7 9.3Gh/s $3,600 5 Days $126.00 $630.00 17.5% Antminer L7 9.5Gh/s $7,800 6 Days $312.00 $1,872.00 24% Antminer S21 XP Hyd $16,800 7 Days $840.00 $5,880.00 35% VolcMiner D1 17Gh/s $32,000 3 Days $2,080.00 $6,240.00 19.5% Antminer S21 XP+ Hyd $60,000 2 Days $4,800.00 $9,600.00 16% NiceHash Rating 9.6/10 Users can find NiceHash as a dynamic marketplace that allows them to engage in cloud mining while trading hash power. The application provides complete flexibility for users who need it. Using the user-friendly platform, operators can move between multiple mining pools while monitoring their earnings across different pools in real time. NiceHash offers mining through an environment that is as simple as heading out for a casual stroll while requiring zero complex technical skills. Binance Crypto Mining App Rating 9.5/10 The Binance platform consists of more than mining operations because it provides users with a full cryptocurrency platform. Users can access cloud mining alongside trading features as well as wallet and staking services in one convenient platform through this app solution. Binance delivers user-friendly crypto mining access because of its safe infrastructure together with its beginner-friendly interface. HashShiny Rating 9.4/10 HashShiny is a premiere mobile application for cloud mining that lets users bypass expensive hardware expenses. Through this mobile app, multiple mining contracts are available, and real-time performance tracking is included. The application offers an ideal solution for users who desire to increase their profits alongside decreased technical complexity. HashShiny offers affordable fees while providing diverse mining options, which makes it necessary for all beginner miners. Kryptex Rating 9.3/10 Kryptex is a lightweight cloud mining application that runs as a background process. The platform provides Bitcoin mining functions that allow users to collect payments through diverse payment methods. Profitability comes together with versatility in the platform known as Kryptex. Through this platform users can extract multiple cryptocurrencies while Bitcoin serves as the payment method. Kryptex uses an intelligent algorithm that selects the most profitable coin to mine in order to maximize user earnings automatically. The application works ideally for those who are new to mining as well as experienced users. Bitdeer Rating 9.2/10 Bitdeer simplifies the mining process. This intuitive application allows users to obtain mining power from worldwide data facilities, enabling Bitcoin generation without the need for actual hardware setups. Users can effortlessly track profits through Bitdeer, as the platform sends earnings daily to their wallet. CryptoTab Browser Lite Rating 9.1/10 CryptoTab Browser allows users to mine Bitcoin. CryptoTab Browser develops multitasking abilities to a fresh degree of performance. Users can earn Bitcoin while using the browser for web surfing activities through this one-of-a-kind software application. You can let your browser earnings grow automatically by using the browser as you normally would. You can earn additional money through the referral program in addition to browsing activities. You can start mining easily by continuing with activities you normally enjoy while using the browser. What Is Mobile Bitcoin Cloud Mining? Mobile Bitcoin cloud mining is the process of earning Bitcoin cryptocurrency through cloud-based platforms that handle computational work. The management of mining occurs through a mobile application rather than traditional hardware operation. The approach works well for users who lack Bitcoin mining equipment and new participants in the market. The benefits include: Convenience: Mine anytime, anywhere. Low Investment: Most apps require little to no upfront costs. Eco-Friendly Options: Many platforms focus on sustainable mining practices Final Thoughts Mobile technology now enables people to mine Bitcoin through its advanced systems easily. The proper application allows you to generate cryptocurrency profits from moments of unused time while enjoying the dynamic cryptocurrency environment. Users can choose from seven different mobile apps based on their specific requirements because FioBit stands out among them for its exclusive features. These mobile applications allow users to access Bitcoin generation opportunities and deliver the mining function through their touchscreen devices. The next chapter will take you through the exhilarating Bitcoin mining experience. For both beginners and experienced users these mobile applications will serve as your necessary guide. Happy mining! 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.
Changpeng Zhao’s optimistic outlook suggests Bitcoin could soar to unprecedented heights, driven by institutional investments and supportive government policies. The Binance co-founder elaborated on his predictions during a recent interview,
Amid US President Donald Trump’s strategic Bitcoin reserve moves, some notable statements came from Shark Tank host Kevin O’Leary. At this point, Kevin O’Leary stated that the Strategic Bitcoin Reserve proposal will not come to life despite strong advocacy from industry leaders such as Michael Saylor. Famous name Kevin O'Leary discussed the BTC reserve issue in a program with SkyBridge founder Anthony Scaramucci. While two famous names expressed opposing views on the Bitcoin reserve, they were asked whether the Bitcoin reserve would benefit the US economy. While Scaramucci supports the idea of a Bitcoin reserve, Kevin O'Leary stated that the reserve idea will not happen. Kevin O'Leary has categorically rejected the idea of a Strategic Bitcoin Reserve, stating that the bill would not receive bipartisan support. The famous name, who also criticized Bitcoin bull Michael Saylor, claimed that Saylor's aggressive Bitcoin strategy was selfish. “Michael Saylor talks about his own book,” O'Leary said. O’Leary also emphasized that Strategy sold stock, preferred stock, and debt to buy Bitcoin, noting that its shares were trading at twice the value of the company’s underlying Bitcoin holdings. The famous name also argued that such a BTC model lacked long-term viability. Instead, O’Leary emphasized that the likely regulatory focus in the near term is stablecoin regulation. According to him, a U.S. stablecoin law seems more likely than a BTC reserve. Anthony Scaramucci, however, disagreed with O'Leary, saying the bill would benefit the economy. MicroStrategy President Michael Saylor, on the other hand, states that the US could potentially earn $106 trillion by gradually purchasing Bitcoin within the reserve. *This is not investment advice. Continue Reading: Shocking Statements from US Billionaire Investor: "Bitcoin (BTC) Reserve Will Never Be Realized!" Here's Why….
For anyone tracking global markets, including the volatile world of cryptocurrency, understanding currency movements is fundamental. Major shifts in key pairs like EUR USD and EUR PLN can ripple through international trade, investment, and even sentiment towards risk assets. That’s why updates from leading financial institutions like UBS are closely watched. UBS has recently released revised UBS forecasts for these two significant currency pairs, suggesting potential shifts on the horizon. Let’s dive into what these changes mean and the factors driving them. Why UBS Forex Forecasts Matter in Currency Predictions In the complex landscape of foreign exchange, accurate currency predictions are gold. Institutions like UBS employ vast teams of economists and analysts to model future currency movements based on a multitude of factors. Their forecasts aren’t just academic exercises; they inform trading strategies for institutional clients, guide investment decisions, and provide a benchmark for market expectations. When a major player like UBS adjusts its outlook, it signals that underlying economic or policy conditions may be shifting, potentially impacting everything from import costs to investment returns. Understanding these forecasts helps market participants anticipate trends and manage risk. For those in the crypto space, recognizing these macro currency shifts can offer valuable context for global liquidity and investor behavior. UBS’s Revised EUR/USD Outlook: What Changed? The EUR USD pair is arguably the most traded currency pair globally, making any significant forecast revision highly impactful. UBS’s latest update includes notable adjustments to their projections for this pair over the coming months and quarters. Previously, UBS may have held a certain view based on prevailing economic data and central bank stances. The new UBS forecasts reflect a reassessment of these factors. While specific target levels and timeframes would be detailed in the full UBS report, the general direction of the revision is what captures market attention. For instance, has UBS become more bullish (expecting EUR to strengthen against USD) or more bearish (expecting EUR to weaken)? The rationale provided by UBS typically centers on comparative economic growth outlooks between the Eurozone and the United States, divergent monetary policy paths of the European Central Bank (ECB) and the Federal Reserve (Fed), and geopolitical risks. Key changes often highlighted include: Adjustments to near-term (e.g., 3-month) targets. Revisions to medium-term (e.g., 6-month or 12-month) projections. Changes in the expected trajectory or pace of movement. These changes signal UBS’s updated conviction on which economy is likely to outperform, which central bank is likely to hike or cut rates faster, or how global risk sentiment might impact safe-haven flows into or out of the US Dollar. Diving into the EUR/PLN Currency Predictions While perhaps less globally prominent than EUR/USD, the EUR PLN pair is crucial for investors and businesses operating within or with exposure to Poland and the Eurozone. The relationship between the Euro and the Polish Zloty is influenced by distinct factors, including Poland’s domestic economic performance, the policies of the National Bank of Poland (NBP), and political developments within Poland and the EU, in addition to broader Eurozone dynamics. UBS’s revised Forex forecast for EUR PLN indicates their updated view on the relative strength of the Zloty against the Euro. Factors influencing this could include: Poland’s inflation outlook and the NBP’s stance on interest rates. Poland’s economic growth trajectory compared to the Eurozone average. Capital flows into or out of Poland. Political stability and EU relations. A revision in the EUR/PLN forecast could imply UBS sees a change in the fundamental factors supporting or weakening the Polish Zloty relative to the Euro. This is particularly important for investors considering investments in Polish assets or companies with significant Eurozone trade exposure. Key Drivers Behind UBS’s Forecast Updates What prompts a major institution like UBS to change its currency predictions ? It’s rarely a single factor but rather a confluence of evolving economic indicators, policy shifts, and global events. The primary drivers behind the latest UBS forecasts likely include: 1. Evolving Monetary Policy Expectations: Central banks like the Fed, ECB, and NBP are constantly recalibrating their approaches based on inflation, employment, and growth data. Changes in expected interest rate paths are powerful drivers of currency values. If UBS now expects the Fed to cut rates sooner or later than previously thought, it directly impacts their EUR USD forecast. Similarly, shifts in the NBP’s policy outlook affect EUR PLN . 2. Changes in Economic Growth Outlooks: Relative economic performance is key. If UBS revises down its growth forecast for the Eurozone while maintaining or upgrading the US outlook, it typically weighs on EUR/USD. Conversely, a stronger outlook for Poland relative to the Eurozone could support the PLN against the EUR. 3. Inflation Dynamics: Persistent high inflation or a rapid disinflation trend can force central banks to act, influencing currency values. UBS’s updated view on inflation in the US, Eurozone, and Poland is a critical input. 4. Geopolitical and Political Factors: Global events, trade tensions, political stability, and elections can introduce uncertainty and impact investor sentiment, leading to currency volatility and shifts in perceived risk. 5. Capital Flows: Investment trends, whether into equity markets, bond markets, or direct foreign investment, influence demand for currencies. UBS’s view on potential capital movements is integrated into their models. These factors are interconnected, and UBS’s analysts synthesize this complex information to arrive at their updated Forex forecast . Implications for Traders and Investors UBS’s revised currency predictions have practical implications for various market participants: Forex Traders: These forecasts can serve as a guide for developing trading strategies, identifying potential entry or exit points, and managing risk exposure in EUR/USD and EUR/PLN pairs. While not guaranteed outcomes, they represent a significant institutional view. Portfolio Managers: Investors with exposure to European or Polish assets need to consider the potential impact of currency movements on their returns. A weaker PLN, for example, would reduce the Euro value of Polish investments for a Eurozone investor. Businesses: Companies involved in international trade with the Eurozone, the US, or Poland can use these forecasts to inform hedging strategies and manage foreign exchange risk on transactions. Crypto Investors: While seemingly separate, macro currency dynamics influence global liquidity and risk appetite. A strong USD, for instance, can sometimes correlate with pressure on risk assets, including cryptocurrencies. Understanding these shifts provides broader market context. It’s important to remember that forecasts are just that – predictions based on current information and models. The market can and often does move in unexpected ways due to unforeseen events. Conclusion: Navigating the Currency Market with UBS Forecasts UBS’s updated UBS forecasts for EUR USD and EUR PLN provide valuable insights into how a major financial institution views the path forward for these key currency pairs. The revisions are driven by a careful analysis of economic data, central bank policies, and global events. While these currency predictions should be considered alongside other analyses and independent research, they offer a critical perspective for anyone involved in the Forex market or navigating the broader global financial landscape. Staying informed about such institutional forecasts is a key part of developing a robust understanding of market dynamics and making more informed decisions, whether you’re trading Forex, investing in international markets, or simply keeping an eye on the macro environment that influences assets like cryptocurrencies. To learn more about the latest Forex market trends, explore our article on key developments shaping currency predictions.
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Grab’s new partnership with Natix marks a significant advancement in decentralized mapping technologies, blending AI with blockchain for enhanced accuracy. This collaboration aims to empower users by incentivizing them to
Despite Bitcoin slipping to 93,738—down 0.5% from its May 2 peak near $97,900—underlying metrics point to a potential setup for renewed strength in 2025. Institutional appetite remains firm, with spot Bitcoin ETFs drawing over 4.5 billion in net inflows between April 22 and May 2. Such sustained inflows, particularly during a consolidation period, often indicate an upcoming directional move. Futures markets echo that sentiment. Open interest has climbed to 669,090 BTC, according to CoinGlass—marking a 21% increase since March 5. The Chicago Mercantile Exchange alone now hosts over 13.5 billion in BTC futures contracts. Institutional demand—whether for risk exposure or hedging—continues to build confidence in Bitcoin’s role as a long-term allocation. Key institutional signals: Spot ETF inflows: 4.5 billion in just 10 days Open interest up 21% since March CME futures top 13.5 billion Policy Delays and Market Sentiment; Bitcoin Supported? Investor sentiment remains cautious after enthusiasm surrounding the Strategic Bitcoin Reserve bill faded. Since its March 6 announcement, no follow-up disclosures have materialized, leaving markets in the dark on potential government accumulation. Similarly, Bitcoin-related legislation at the state level, including in Arizona, has failed to gain traction. Despite the political uncertainty, institutional positioning hasn’t stalled. On May 5, Michael Saylor’s firm, Strategy, added 1,895 BTC —shortly after announcing an 84 billion capital expansion plan. This move reinforces long-term conviction in Bitcoin, even after a 5% decline over the past three months. JUST IN: Michael Saylor's 'Strategy' $MSTR buys 1,895 Bitcoin worth $180.3 million. • Total balance: 555,450 $BTC ($52.2B) • Avg price: $68,594 • Profit: $14.1B pic.twitter.com/jL5wkeH8IK — HodlFM Team (@Hodl_fm) May 5, 2025 Meanwhile, traditional assets have outperformed. Gold rose 16% during the same window, while the S&P 500 fell 6.5%, putting pressure on Bitcoin’s status as a non-correlated asset. Geopolitical friction, particularly between the U.S. and China, has further prompted investors to seek safety in cash and fixed income. Still, Bitcoin dominance is rising. It now represents 70% of the total crypto market cap—its highest share since January 2021—reflecting increased investor preference for lower-risk digital assets. Bitcoin Technical Picture: Breakout or Breakdown? Bitcoin is currently trading just below a descending trendline from May 2, with the 50-period EMA at 94,972 acting as overhead resistance. The MACD remains in negative territory, signaling fading momentum. Immediate support is located at 92,922, followed by deeper levels at 91,895 and 90,999. Bitcoin Price Chart – Source: Tradingview Trade Setup: Sell below 92,900 → Target: 91,900 | Stop: 94,300 Buy above 95,000 → Target: 96,500 | Stop: 94,000 Traders should wait for a confirmed breakout or breakdown before entering positions. The current compression suggests that any move outside this range could be significant. BTC Bull Token Crosses $5.36M as Flexible 78% Staking Yield Draws Investors BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.34 million in funds raised as it nears its $6.07 million presale cap. Priced at $0.002495, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking. Utility-Driven Tokenomics Fuel Demand Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods. This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment. Current Presale Stats: USDT Raised : $5,360,259 of $6,070,369 Current Price: $0.002495 per BTCBULL Staking Pool Total: 1,342,549,903 BTCBULL Estimated Yield: 78% annually With less than $710K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle. The post Bitcoin Price Prediction: Why the Latest Pullback Might Be the Setup for a 2025 Super Rally appeared first on Cryptonews .