Wellgistics Health, a Tampa-based healthcare infrastructure firm, is set to accept XRP payments, signaling a significant move towards blockchain integration in healthcare. This initiative aligns with an increasing trend of
After two weeks of consolidation, ETH resurged and exploded massively to a two-month high yesterday. While that marked its biggest buying volatile period since the recovery started, it currently appears bullish. Following last month’s bounce, which came as a surprise after tanking to the lowest level in a year, Ethereum recovered nicely and reclaimed the $1,800 level. Unfortunately, the buying pressure dropped, and the crypto remained calm with little-to-no movement throughout the month. Crossing over into this month on a weak note, it attempted a break above the mentioned level, but failed and continued to consolidate on a daily scale. As several top altcoins recovered from their recent lows due to a major surge in Bitcoin’s price, it joined the momentum and rallied hard into the $2,200 range with a bullish engulfing close yesterday. That has triggered a slight break above the descending trendline, acting as diagonal resistance since last December. Reiterating positive actions today, it seems ready to claim more highs on the daily timeframe. Looking at the daily chart, ETH will likely face tougher obstacles on the way up. If it manages to climb above the $4,000 level, we can expect a major rally in the long term. Losing control to the bulls, the bears are currently in disbelief at the latest surge. ETH’s Key Level To Watch Source: Tradingview Now that volatility is back in the market, the $2,320 level is considered a close obstacle for the bulls. If they flip through along with the March’s $2,550 resistance, their next target buying level would be $2,745. A drop from the current trading level may bring a retest at the falling resistance line, marked at the $2,104 level. Failure to rebound may bring us back to $1,873. There’s also support at $1,690 in case of more drops. Key Resistance Levels: $2,320, $2,550, $2,745 Key Support Levels: $2,104, $1,873, $1,690 Spot Price: $2,238 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
CryptoQuant CEO Kee Young Ju publicly apologized for for wrong prediction about the end of bitcoin's bull cycle published two months ago. According to him, the pressure from sellers of the first cryptocurrency is decreasing, and significant funds are coming into the market through exchange-traded funds (ETFs). Previously, bitcoin's dynamics were driven by three groups: miners, whales, and retail investors. When liquidity from new participants dried up and large holders started to fix their profits, a chain reaction of sell-offs started; Now, the market structure has become more complex, with ETFs, companies like Strategy, institutional investors and even government entities entering the market in addition to the traditional players, Ju said. ”The old model of cycles no longer works. Now it is important not to track whale sell-offs, but to assess the volume of new capital from institutional and ETFs. This inflow can even compensate for the mass exit of large holders,” said CryptoQuant CEO. Despite the growth of bitcoin price, the analyst calls the current market ”sluggish”. Most indicators are balancing on the edge, not giving clear signals, he explained; That said, Ju emphasized: an error in prediction doesn't mean that onchain metrics have lost value. ”Data remains data. Different analysts can interpret them in their own way,” the expert added. He promised to improve the quality of expertise and take into account new factors, including the integration of the first cryptocurrency with traditional finance. After $100,000, Is $180,000 the Next Target? That’s the Level Technical Analysts Are Eyeing On the weekly chart of bitcoin after the upward breakout of the ”bull flag” pattern, a further rise to $182,000 is possible - to the growth range before the downward consolidation. Such a scenario presented in Cointelegraph. The CoinDesk suggested parallels to two patterns of digital gold rallying at the end of 2024, when the rate soared from $70,000 to $109,000. The first involves the MACD indicator. The metric turned bullish in mid-October, confirming the upward trend by December. Currently, the indicator has only approached the neutral level. Its overcoming upward will mark the formation of 'bear trap' in March-April. The second indicator consists of a combination of the 50 DMA and 200 DMA. About four weeks ago, the moving averages formed a ”death cross” which was not confirmed. Recently, the ”fast” DMA began to grow and may now cross the ”slow” DMA from bottom to top, forming a ”golden cross” in the coming weeks. A similar signal occurred last August with the subsequent ATH update. From scenarios to levels An analyst under the nickname AlphaBTC listed a rally to $106,000 as the immediate target. Analyst and founder of MN Trading Michael van de Poppe has a similar opinion. The expert singled out the zone between $103,800-107,000 as a stop before a pullback followed by ATH renewal this quarter. Binance founder Changpeng Zhao predicted bitcoin's growth to $1 million The digital gold exchange rate could reach $500,000 and even $1 million already in the current market cycle, Binance founder Changpeng Zhao (CZ) shared his prediction in an interview with Farokh Radio. According to the businessman, the total capitalization of the crypto market will exceed $5 trillion in 2025. CZ did not specify a specific timeframe for achieving these values. This is not Zhao's first prediction: in 2020, he predicted bitcoin would rise to $100,000, which was realized in December 2024. In February this year, he hinted at $1 million, ironizing the ”collapse” from $1,001,000 to $985,000. At the time of writing, bitcoin is trading at $102,252 and the crypto market is capitalized at ~$3 trillion. In an interview, CZ called meme-coins ”speculative noise,” predicting the collapse of 99.99% of them. He sees the integration of blockchain with artificial intelligence and DeSci as promising directions. The Binance founder noted the dramatic reversal of US regulatory policy under Donald Trump's administration: ”The situation has changed 180 degrees in 100 days.” He also predicted the dominance of decentralized exchanges over centralized exchanges, calling them ”different doors to the same world.” Zhao ruled out a return to Binance and said he would focus on mentorship. According to him, after four months in prison, health and family have become priorities. In April, CZ became a consultant to the Kyrgyz government on cryptocurrency and blockchain issues.
COINOTAG News has recently highlighted a significant milestone in the crypto landscape, as U.S. Vice President Vance is set to deliver a keynote address at the upcoming Bitcoin 2025 Conference.
Bitcoin and US stocks jumped this week as a risk-on sentiment prevailed ahead of the US and China trade talks in Switzerland. Bitcoin ( BTC ) surged to $104,000 for the first time in months, while the Dow Jones Index peaked at $41,360, its highest point since April 3. There are signs that the stock and crypto markets are entering a bull market as trade risks fall and the odds of interest rate cuts rise. Dow Jones vs Bitcoin: Why BTC wins Bitcoin and the Dow Jones are significantly different assets. Established in 1896, the Dow is the oldest index in the United States, tracking 30 blue-chip companies across most sectors. Its top names include companies like NVIDIA, Microsoft, Walmart, and IBM. The index started trading at $40.94 and has surged by 92,800% since then. On paper, the Dow Jones seems like a better investment since it holds some of the most well-known companies in the US. It is also considered a less volatile asset compared to Bitcoin and other cryptocurrencies. You might also like: Dow drops 180 points as caution prevails ahead of U.S.-China talks However, in reality, Bitcoin has been a better investment than the Dow Jones and other top blue-chip indices like the S&P 500 and the Nasdaq 100. BTC has risen by over 10% this year, while the Dow is down 2.78%. The same trend holds since Bitcoin’s inception in 2009, as it has surged by 11.4 billion percent. It has climbed nearly 1,000% in the last five years, while the Dow Jones has gained just 73% in the same period. Bitcoin vs Dow Jones | Source: crypto.news Why Bitcoin wins against stocks Bitcoin outperforms the Dow Jones for several reasons. First, it has evolved into a store of value , which explains why many large holders don’t sell it. This characteristic comes from its fixed supply of 21 million coins and its halving cycles. That makes it a better option than the US dollar, which has an unlimited supply. Second, Bitcoin experienced strong demand from retail investors for years, even as institutions remained on the sidelines. Now, institutions are leading the charge, with a company like Strategy controlling over 2% of Bitcoin’s total supply. Firms like Coinbase, Tesla, Block, and Semler Scientific have all invested in Bitcoin, and some countries are considering adding it into their reserves. As a result, spot Bitcoin ETFs have had over $40 billion in inflows since January last year. Further, unlike the Dow Jones, Bitcoin is becoming more scarce. Over 19.82 million coins have already been mined, and the supply on exchanges has dropped to a five-year low. As such, a combination of declining supply and rising demand is likely to push the price higher over the long term. You might also like: Pepe crypto price prediction: double bottom points to a surge to all-time high
Renowned crypto VC Kyle Samani raises concerns about the effectiveness of Ethereum’s scaling upgrades, suggesting they might not address fundamental issues. As Ethereum (ETH) approaches a two-month price high, analysts
After days of weak price actions, which later led to a brief consolidation, Bitcoin resurged and broke significantly to $104k today. Following this move, it appears strongly bullish and looks set for a bigger rally. Last week, Bitcoin halted its recovery after facing a slight rejection under $98k. It pulled back briefly and later remained calm during the weekend. That triggered some panic in the market as altcoins bled. Luckily, the $93.5k level stood well and the price slowly climbs back this week. The last 24 hours saw several altcoins through major gains as the price recovers well following a major break above the fundamental but psychological $100k level. Following the breakup, Bitcoin’s recovery has reached a new milestone of $104,145 once again after three months of swing, and as we can see, it looks highly bullish on the daily chart. The upsurge was mainly fueled by increasing demand. However, it has faced a slight rejection, but still looks poised for a bigger recovery. Looking at the daily price actions, Bitcoin’s trading landscape has changed as market sentiment turns positive. A full recovery to the top could set the market up for a huge rally to a new all-time high. As of now, the bulls appear back in control. BTC’s Key Levels To Watch Source: Tradingview Anticipating a surge above the current daily high, the next resistance ahead is $106,457. If Bitcoin surpasses it, the recent all-time high of $109,588 would be the next resistance level to watch. A break-up there should rocket the price to a new high. The broken $97,895 level may provide support in case of a drop. Losing grip above this level could slide us back to $93,500. Other supports are located at $88,765 and $85,800. Key Resistance Levels: $104,145, $106,457, $109,588 Key Support Levels: $97,895, $93,500, $88,765 Spot Price: $102,947 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add the token developed by Ripple Labs to its corporate treasury
ARK Invest CEO Cathie Wood says that Bitcoin ( BTC ) remains on track to hit a price target of at least $700,000 within years. In a new interview on CNBC’s Squawk Box, Wood says ARK continues to predict Bitcoin will increase at least 580% of its current value by 2030. “We have always had a 2030 target, the base case in the $700,000 to $750,000 range, the bull case in the $1.5 million range.” Wood says there are three driving factors behind the massive Bitcoin price prediction. “David Puell, our analyst and our on-chain analyst, put that piece out recently, and you can see the building blocks, how much share we expect Bitcoin to either take from gold or grow that store-of-value market, institutions moving in – and they’ve barely moved in, we have a million more coins, roughly, to be minted ever, and institutions have are just testing the waters right now – and then there’s the emerging market use cases as well. So we think we have miles to go.” Wood also says that the US has been in a recession, but that it will soon come to an end after there’s more clarity around President Trump’s tariff negotiations, opening up the door for massive economic growth, in part driven by advances in artificial intelligence (AI). “I just put out a letter talking about the rolling recession we’ve been in for the last three years, since the Fed jacked up rates. We got a negative quarter in the first quarter, and potentially in the second quarter as well. And I think more and more people are getting concerned about an extended recession, and amid all the uncertainty, we actually think we’re at the end of this rolling recession, and that we are moving into a period, after all of this uncertainty, of much greater productivity. And interestingly, if you look at the government sector, we’re seeing unbelievable productivity moves taking place. There’s a video out there between the new head of the FDA (U.S. Food and Drug Administration), and the new head of CDER (Center for Drug Evaluation and Research), and they’re talking about generative AI in reviewing studies, medical trials, that cut work from days to minutes. So there’s a lot of productivity I think evolving in the ecosystem… I think we’re going to see a lot more productivity driven growth, which means inflation is going to be much lower than expected, which is going to be very capital friendly.” Bitcoin is trading for $102,811 at time of writing, up 2.4% in the last 24 hours. 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 Ark Invest CEO Cathie Wood Doubles Down on Bitcoin Prediction, Says Base Case Target for BTC Remains $700,000 appeared first on The Daily Hodl .
German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the seizure, which marks the third-largest crypto confiscation in the BKA’s history. The seized crypto includes a mix of assets such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Dash (DASH). The authorities also seized over eight terabytes of data stored on eXch’s German server infrastructure, effectively shutting down the platform. The BKA stated that a large portion of the Bybit exploit’s proceeds was funneled through eXch, making the platform an important player in the network of illicit crypto transactions. eXch’s Role in Crypto Laundering and its Unlawful Operations Launched in 2014, eXch marketed itself as a privacy-centric “swapping” service, offering users the ability to exchange crypto assets across various blockchains without requiring identity verification or adhering to Anti-Money Laundering (AML) regulations. This noncompliance made it a magnet for criminals looking to “wash” stolen funds and conceal their origins through obfuscation tactics such as token hopping, cross-chain bridges, and multiple wallets. According to the BKA’s findings, eXch was used in laundering over €1.75 billion ($1.9 billion) worth of crypto, a large portion of which is suspected to originate from criminal activities. Crypto security analyst ZachXBT, who has previously exposed some of the industry’s largest hacks and laundering operations, confirmed that eXch also played a major role in processing funds from other high-profile incidents. Source: ZachXBT This includes the multisig wallet exploits, FixedFloat exchange-related laundering, the $243 million Genesis creditor heist, and numerous phishing drainers and rug pulls over the past few years. ZachXBT further revealed that eXch ignored repeated warnings, refused to block malicious wallet addresses, and did not comply with freeze orders issued by regulators or intelligence-led investigators. Additionally, according to ZachXBT’s February 22 Telegram post, even the North Korean Lazarus Group allegedly used eXch to launder over 5,000 ETH stolen from the Bybit hack. This detail links eXch to state-sponsored cybercrime, which elevates the geopolitical importance of the investigation. Platform Denial, Sudden Shutdown, and Official Response In April, eXch denied helping launder stolen funds for the Lazarus Group. It said only a small portion of the Bybit hack funds passed through its system. eXch has denied allegations of laundering money for North Korea’s #Lazarus Group following the $1.4 billion hack on @Bybit_Official on February 21. #eXch #Bybit https://t.co/FWTnP5hiJS — Cryptonews.com (@cryptonews) February 24, 2025 Soon after, the platform announced it would shut down by May 1, blaming increasing pressure and signals intelligence targeting its servers. Privacy-focused crypto exchange eXch will shut down on May 1 following scrutiny over alleged ties to North Korea’s Lazarus Group. #bybithack #eXch https://t.co/ZXQCBVbotz — Cryptonews.com (@cryptonews) April 18, 2025 However, eXch’s shutdown didn’t last. On April 27, the suspension notice disappeared, and the site resumed operations. Despite shutdown claims, crypto mixer eXch still launders illicit funds via active API, linked to Bybit hack and CSAM funding, warns @trmlabs . #CryptoCrime #CryptoMixer https://t.co/DQBOEYPnR3 — Cryptonews.com (@cryptonews) May 5, 2025 A report from TRM Labs revealed that eXch never really shut down. While its websites went offline, its backend API stayed active. This allowed users to continue moving funds using eXch’s signature laundering method, which involves mixing funds in pools that hide where the money comes from. TRM found that eXch was still being used by criminal groups, including the Lazarus Group and those linked to child sexual abuse material (CSAM). Over $300,000 connected to CSAM has passed through eXch, with more expected. The system also made it hard to tell which funds were clean or criminal. The post eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack appeared first on Cryptonews .