Blackrock’s CEO believes that institutional bitcoin adoption could push BTC’s price to $700,000, highlighting its role as a hedge against currency debasement and financial instability. Larry Fink: Institutional Bitcoin Demand Could Boost Prices to $700K The CEO of Blackrock, the world’s largest asset manager, Larry Fink, shared bold predictions about bitcoin’s future value during a
Recent analysis from LookIntoChain reveals intriguing developments in the crypto space, particularly concerning the TRUMP token. On January 26th, COINOTAG reported that a prominent investor, often referred to as a
Solana price has retraced 14% from the recent peak of $295, to hit $255 on Saturday. Key market indicators suggest SOL could witness further downsizing as Ethereum’s makes a gradual resurgence after Vitalik Buterin announced the team’s intent to stop selling ETH. With SOL recently struggling to hold momentum as selling pressure builds, Ethereum (ETH) stabilizes above the $3,100-$3,300 support zone. This contrasting price action highlights the growing divergence between the two major Layer-1 competitors, as Ethereum’s looks poised to regain market dominance. Solana Price Weakens as Ethereum Stabilizes Solana (SOL) continues to show bearish price action as Ethereum’s (ETH) stability amid volatile market trends suggests traders are selectively navigating the markets. Analyzing the Ethereum price forecast chart , ETH price is consolidating above a key support zone between $3,050 and $3,208. This support is reinforced by the 200-day Moving Average (MA), a critical technical indicator for gauging long-term trends. Solana Price Technical Analysis vs. Ethereum (ETH) According to the TradingView chart above, ETH’s Relative Strength Index (RSI) hovers near 47.57, signaling neutral momentum and potential for accumulation. Meanwhile, the MACD histogram shows mild bearish divergence but suggests weakening downside pressure, as recent bars narrow toward the zero line. These factors point to ETH price stabilizing, creating a subdued environment for correlated altcoins like Solana. SOL, by contrast, lacks strong institutional interest evident in Ethereum’s support zones. With ETH finding buyers near its 200-day MA and key horizontal levels, SOL’s price weakness could signal a flight to safety toward larger-cap assets. If Ethereum continues to consolidate above $3,200, it could exert indirect resistance on SOL, limiting its ability to recover in the short term. Solana bulls must reclaim lost support zones to shift sentiment to the next bullish phase. Solana Price Forecast: SOL To Crash 20% As Selling Pressure Builds Looking at the near-term Solana price forecast , current market dynamics indicate a bearish outlook, with a potential 20% decline as selling pressure intensifies. As seen in the chart below, SOL price has recently breached key support levels, including the 50-day Simple Moving Average (SMA) at $232.51 and the 200-day SMA at $168.88, signaling weakening demand. The Swing Failure Pattern (SFP) due to excessive selling further confirms the bearish sentiment, as buyers failed to sustain upward momentum, leading to a breakdown. Solana Price Forecast The price is currently testing the range midpoint at $232.51, which now acts as resistance. The Relative Strength Index (RSI) and other momentum indicators are likely in oversold territory, but without significant buying interest, a rebound seems unlikely. The demand zone around $168.88, aligned with the 200-day SMA, is the next critical support level. If this level fails to hold, SOL price could rapidly plunge toward $169.00, aligning with the 20% crash forecast. The post Solana Price Likely to Crash 20% as Ethereum Stabilizes Above Key Support appeared first on CoinGape .
Bitcoin’s market activity remains vibrant, driven primarily by institutional investors, raising questions about the sustainability of its recent rally. As large investors dominate the accumulation phase, retail trader participation has
Experts express doubts about a potential altcoin bull run due to increased supply. Community optimism persists, fueled by political support and ETF developments. Continue Reading: Experts Debate the Potential for an Altcoin Bull Run The post Experts Debate the Potential for an Altcoin Bull Run appeared first on COINTURK NEWS .
XRP, the native cryptocurrency of the Ripple network, has seen its price grow massively in recent months, allowing it to overtake many other large-market cap cryptocurrencies. At the time of writing, XRP is the third-largest crypto by market cap, and current buying trends suggest it might stay there for a while. As of January 25, 2025, the altcoin has a total supply of 100 billion tokens, with approximately 57.64 billion currently in circulation. Notably, a significant portion of this circulating supply is concentrated among a small number of wallets. Specifically, the top 10 addresses hold about 20.99% of the circulating supply, while the top 50 addresses control approximately 53.3%, which raises the question about the distribution of wealth in the ecosystem and who stands to benefit the most from the price rally. Top 20 Wallets And Their Dominance Over XRP Supply The largest XRP holdings are primarily associated with Ripple Labs, its founders, and major cryptocurrency exchanges. In terms of numbers, data from Coincarp shows that out of the 4,840,747 addresses, the top 20 holders, the top 50 holders, and the top 100 holders hold 50.31%, 63.74%, and 71.76% of the circulating supply, respectively. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue According to distribution data, Ripple Labs currently owns around 46 billion XRP tokens, although most are locked in escrow. These tokens are released periodically in pre-set amounts, limiting Ripple’s ability to freely access or manipulate the escrowed funds. Even with these restrictions, Ripple Labs holds a considerable amount of liquid XRP. Data from blockchain explorer Bithomp indicates that one of Ripple’s wallet addresses alone contains over 1.3 billion XRP. Also, Ripple Labs co-founder Chris Larsen is the largest individual holder of XRP, holding over 5 billion tokens, making him one of the wealthiest individuals in the ecosystem. Major exchanges like Binance and Uphold also manage significant reserves. For instance, one of Binance’s wallets holds over 1.3 billion XRP, accounting for approximately 1.33% of the circulating supply. South Korean-based crypto exchange Upbit also holds about 4.38% of the total supply, among a few other exchanges. Holding Distribution: Anything To Fear? These large-scale holdings by exchanges and Ripple-related entities paint a picture of an XRP ecosystem dominated by a relatively small group of stakeholders. However, when you think about it, these large holdings are not in the hands of any private company or individual that would potentially be at risk of manipulating the price for their benefit. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Furthermore, the bulk held by exchanges represents aggregated assets belonging to thousands, if not millions, of individual users. As such, their concentration in exchanges does not pose any unnatural risk to the natural price dynamics for XRP. At the time of writing, XRP is trading at $3.10, having recently reached a seven-year high of $3.38. Featured image from Medium, chart from Tradingview.com
Activity has been high all around the Bitcoin market, but certain events and findings could change that soon.
A chart pattern suggests one altcoin operating on the real-world assets (RWA) crypto sector looks ready for an upside burst, according to a popular analyst. The trader Ali Martinez tells his 118,700 followers on the social media platform X that the RWA project Ondo Finance ( ONDO ) “appears to be breaking out of a bull flag.” A bull flag is typically viewed as a bullish pattern, suggesting that an asset is consolidating before kicking off on a new rally. Martinez says the bull flag suggests ONDO could be targeting $3.40, which would represent a 141% increase. Source: Ali Martinez/X ONDO is trading at $1.41 at time of writing. The 37th-ranked crypto asset by market cap is up more than 6% in the past 24 hours. The crypto analyst also says that historical trends related to Bitcoin ( BTC ) halvings suggest a bear market could begin between May and October of this year. A Bitcoin halving is a highly anticipated event that slashes BTC miner rewards in half. Martinez also notes nearly $5 billion in BTC profits were realized on Thursday alone. Source: Ali Martinez/X BTC is trading at $104,947 at time of writing. The top-ranked crypto asset by market cap is up by more than 1% in the past 24 hours. Martinez also notes that crypto whales sold more than 180 million of Cardano ( ADA ) over the past week. Source: Ali Martinez/X The Ethereum ( ETH ) rival is trading at $0.973 at time of writing. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram 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: Midjourney The post Chart Pattern Suggests RWA-Focused Altcoin Looks Primed To Rally, Says Crypto Analyst – Here’s His Outlook appeared first on The Daily Hodl .
Venture Capital firm Paradigm has released a blog post calling for the acceleration of Ethereum’s development. The post, co-authored by executives at the crypto-focused VC firm, has once again shed light on the current issues surrounding Ethereum’s leadership and future. The aim of the post is simple: remove some elements and instead choose to accelerate the pace of development. The post was co-authored by Paradigm’s CTO Georgios Konstantopoulos, the firm’s co-founder Matt Huang, and its general partners Dan Robinson and Charlie Noyes. In the post, the authors highlighted Ethereum’s prowess as a driving force in the crypto sector, highlighting several aspects including smart contracts, decentralized finance, and decentralized autonomous organizations, among others that have been developed in the ecosystem. The post highlighted the great work that community developers and engineers have done, building a strong foundation for decentralized applications in the future. Paradigm calls for accelerated development on Ethereum The paradigm executives highlighted that the first version of the Ethereum protocol was launched about two years ago, the first project that drew the attention of Paradigm and the entire crypto industry. However, it feels that the ecosystem’s core protocol should be on a faster improvement pace. The post highlights that Ethereum can make some integral improvements that will help it reach this goal without sacrificing its values. https://twitter.com/gakonst/status/1883192835874390276 “There is reasonable debate about what Ethereum’s north star should be. But wherever you think Ethereum should go, surely it is better to get there faster. Investing in Ethereum’s shipping capacity is valuable regardless of which direction the protocol ends up going,” the post reads. According to the post, the executives are calling on Ethereum to increase its development pace, shipping more than a major update every year. The authors argue against the notion that the best way to protect the decentralization of Ethereum is to slow down the development of the core protocol. “The core development process is one of the main mechanisms for off-chain governance by Ethereum’s social layer, and reflects input from engineers, researchers, validators, and institutions,” the post states. “Ossifying the core protocol would mean abandoning that governance mechanism and Ethereum’s ability to evolve in response to changes in the market structures of areas like L2s and MEV,” the authors added. The authors highlight areas of improvement Paradigm executives highlighted several areas that Ethereum needs to make improvements. According to the authors, there are some improvements that the network can ship quickly instead of holding it off and fitting it in one big annual upgrade. The post mentioned that these improvements are non-controversial but are not done under the perception that only a few changes can be made annually. It mentioned that instead of trying to limit ambitions, Ethereum should do more faster. According to the post, changes like repricing L1’s opcodes to scale Ethereum without making changes to the gas limit. Other changes the authors suggested include improving the UX of batched transactions through further development of the account abstraction framework and developing rollups to meet the increasing demand. The post also shed light on Paradigm’s work on the Reth Ethereum client, which it says holds about 2% of Ethereum’s execution clients. According to Client Diversity, the leading client, Geth, currently holds a 43% market share, with Nethermind coming in second place, claiming around 36% of the market. “We built Reth intentionally as an SDK for building “EVM-core” nodes to enable experimentation and innovation by researchers and engineers,” the post states. “We invite the research community to collaborate with us in prototyping new features towards improving Ethereum’s performance, censorship resistance, and future-proofing, with Reth,” the post reads. The authors finalized the post by mentioning that shipping faster is the only important thing that Ethereum can do to expand what it can do, noting that it will help the protocol deliver the visions in its roadmap. The post highlighted that if it is achieved, then it will pave the way for a global and trust-minimized financial system. Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet
On January 26th, COINOTAG News reported on influential cryptocurrency venture capital firm Paradigm, highlighting a call to expedite the development process of Ethereum. Co-founder Matt Huang, along with CTO Georgios