Dan Morehead, CEO of Pantera Capital—a firm renowned for its pioneering role in digital asset investments since 2013—has delivered a bold valuation call for Bitcoin. According to Morehead, the world’s leading cryptocurrency should be trading above $120,000, potentially even surpassing $126,000, if recent political and regulatory developments were fully reflected in market prices. Is Bitcoin Mispriced? Morehead’s argument comes at a time when Bitcoin’s price is only up by only 24% following the last US presidential election—a modest increase by his standards. In a post on X, Morehead points to significant political and regulatory developments that he argues should have driven Bitcoin’s price far higher than current levels. He wrote: “If a few days before the US Presidential election – with bitcoin at $69,000 – a sorcerer showed you a crystal ball and in it you knew for a fact that the pro-crypto candidate wins the presidency, Red House and Senate, 54 anti-crypto Members of Congress losing their seats, several Presidential Executive Orders on crypto including: Strategic Bitcoin Reserve, US Digital Asset Stockpile (with other cryptocurrencies), most major SEC actions against blockchain industry participants dropped and the President hosting a summit to get input from the industry …all this in ten weeks.” Morehead then assesses the impact these developments should have had on Bitcoin’s valuation: “I’d bet you’d say bitcoin would be up way more than 24%. The way I think of it, the markets have barely moved relative to trend. The twelve-year compound annual growth rate of Pantera Bitcoin Fund is 83%. It’d be up almost as much just naturally. Seems to me that the crypto markets have yet to price in the very positive developments.” By outlining these milestones—ranging from a pro-crypto presidential victory and a reshaped Congress to a series of supportive executive actions—Morehead suggests that the market’s current price fails to capture what he sees as a natural upward trend. A 83% uptrend would position BTC above $126,000. This bullish forecast is especially striking given the backdrop of recent market volatility. Bitcoin had just suffered a drop exceeding 7% after US President Donald Trump announced reciprocal tariffs —a reminder that even the most promising outlooks can be overshadowed by sudden geopolitical and economic shocks. BitMEX founder Arthur Hayes, also speaking on X, reacted to the sudden downturn and cautioned traders about potentially choppy conditions in the weeks to come. His comments suggest that $76,500 serves as a crucial price floor. Should Bitcoin maintain that threshold through mid-April, Hayes believes the market’s ability to regain traction will look far more promising. “Mrkt no likey ‘Liberation Day’, if BTC can hold $76.5k btw now and US tax day Apr 15, then we are out of the woods. Don’t get chopped up!” he stated Meanwhile, Charles Edwards—Founder and CEO of Capriole Investments— hints at the possibility of Federal Reserve intervention, drawing parallels to previous periods where expansionary monetary policy helped reignite risk-on appetite, often boosting Bitcoin in the process. “Consider this as tariffs come in higher than expected. The Phily Fed Business Outlook survey is showing expectations today comparable to 2000, 2008 and 2022. How long until the Powell printer starts humming?” he remarked on X. At press time, BTC traded at $81,811.
According to recent data from Onchain Lens, Circle has successfully minted an additional 2.5 billion USDC on the Solana blockchain. This latest development, which occurred approximately five hours ago, reinforces
Stellar (XLM) has experienced a significant price drop of over 5%, raising concerns over the cryptocurrency’s stability amidst bearish momentum. The current market landscape indicates a looming risk of XLM
In every market cycle, a few projects break free from the crowd and become part of crypto history. Bitcoin (BTC) and Ripple (XRP) both delivered iconic runs, creating life-changing wealth. Now in 2025, a new name is circling among smart money: MAGACOINFINANCE—a token that could be next in line for a legacy-defining surge. CURRENT PRICE – $0.0002704 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – $4.8 MILLION RAISED, 100B SUPPLY, AND COUNTING Unprecedented Growth Potential MAGACOINFINANCE – MAGACOINFINANCE has crossed the $4.8 million milestone and continues to attract waves of early buyers. With just 100 billion tokens, growing demand, and exchange whispers building by the day, the path to a massive breakout is forming fast. ACT NOW – GET 50% EXTRA BONUS WITH CODE MAGA50X Get a 50% BONUS and Amplify Your ROI to 3,782% With a current price of $0.0002704 and a listing price of $0.007, MAGACOINFINANCE gives early investors a 2,488% ROI, or a 25.88x return. Using promo code MAGA50X boosts your allocation by 50%, dropping your cost per token to $0.0001803. This pushes potential returns to 3,782%, or a 37.82x ROI—turning even small investments into major wins before it hits mainstream exchanges. OP, ARB, SEI, and LTC: Strong Picks, But MAGACOINFINANCE Leads the Charge Optimism (OP) trades at $3.11, one of Ethereum’s key scaling solutions.Arbitrum (ARB) holds at $1.57, widely used across Layer 2 integrations.Sei (SEI) sits at $0.179, favored for optimized decentralized trading.Litecoin (LTC) is at $86.20, still respected for fast, low-cost peer-to-peer transfers. ACT NOW – JOIN THE BIGGEST PRE-SALE IN HISTORY! Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC), Ripple (XRP), and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Will MAGACOINFINANCE Be Remembered Like BTC and XRP After a 60,000% Run?
The FBI has recovered over $8 million in cryptocurrency for defrauded bank investors. Shan Hanes misappropriated funds into a fraudulent investment scheme. Continue Reading: FBI Recovers Millions in Cryptocurrency for Victims of Bank Fraud The post FBI Recovers Millions in Cryptocurrency for Victims of Bank Fraud appeared first on COINTURK NEWS .
The political landscape is heating up around World Liberty Financial, with implications for Trump’s crypto venture. Concerns mount as the initiative gains traction, with lawmakers calling for regulatory scrutiny amid
Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm. “Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector’s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether ( ETH ) fell 45% to $1,820 over the same period. Change in DeFi total value locked between Jan. 2024 and March 2025. Source: DappRadar The largest blockchain by TVL, Ethereum, fell 37% to $96 billion, while Sui was the hardest hit of the top 10 blockchains by TVL, falling 44% to $2 billion. Solana, Tron and the Arbitrum blockchains also had their TVLs slashed over 30%. Meanwhile, blockchains that experienced a larger volume of DeFi withdrawals and had a smaller share of stablecoins locked in their protocols faced extra pressure on top of the falling token prices. The newly launched Berachain was the only top-10 blockchain by TVL to rise, accumulating $5.17 billion between Feb. 6 and March 31, DappRadar noted. Market fall didn’t stunt AI and social app user growth However, the number of daily unique active wallets (DUAW) interacting with AI protocols and social apps increased 29% and 10%, respectively, in Q1, while non-fungible token and GameFi protocols regressed, DappRadar’s data shows. The monthly average of DUAWs interacting on the AI and social protocols rose to 2.6 million and 2.8 million, while DeFi and GameFi protocols fell double-digits. DappRadar said there was “explosive growth” in AI agent protocols, stating that they’re “no longer a concept.” “They’re here, and they’re shaping new user behaviors,” said the firm. Change in DeFi total value locked between Jan. 2024 and March 2025. Source: DappRadar Related: Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment Meanwhile, NFT trading volume fell 25% to $1.5 billion, with OKX’s NFT marketplace taking in the most sales at $606 million, while OpenSea and Blur saw $599 million and $565 million, respectively. Pudgy Penguins NFTs were the most sold collectibles at $177 million, while CryptoPunks NFTs netted $63.6 million from just 477 sales, DappRadar noted. “When analyzing top collections, CryptoPunks remains a staple — its prestige remains intact even as price fluctuations make it largely inaccessible for the average user.” Magazine: XRP win leaves Ripple a ‘bad actor’ with no crypto legal precedent set
In the dynamic world of cryptocurrency and disruptive tech, we often celebrate young innovators breaking barriers and achieving remarkable feats outside traditional systems. But what happens when a prodigious teen, already making waves with a viral AI app , encounters a seemingly conventional hurdle: college rejection ? Meet Zach Yadegari, the 17-year-old co-founder of Cal AI, a calorie-counting application that’s taken the app stores by storm. Despite a perfect 4.0 GPA, a stellar 34 ACT score, and real-world success as a teen entrepreneur , Yadegari faced a wave of rejections from 15 out of 18 top-tier universities, sparking a massive online debate about the true value of traditional education versus entrepreneurial drive. The Viral Sensation: Cal AI and a Teen’s Triumph Before diving into the college rejection saga, let’s understand what makes Zach Yadegari’s story so compelling. He isn’t just another bright student; he’s a proven innovator in the tech space. Cal AI, the AI app he co-founded, isn’t some small project – it’s a viral hit. Reports suggest it has surpassed 1 million downloads and boasts overwhelmingly positive reviews, putting it on track for millions in annual revenue. While specific revenue figures are unverified, the app’s popularity is undeniable. But Cal AI wasn’t Yadegari’s first foray into entrepreneurial success. He previously sold a web gaming company for a substantial $100,000. This track record underscores his innate talent and business acumen, making his college rejection letters even more perplexing to many. Why College? A Hacker House Epiphany Interestingly, university admissions weren’t always Yadegari’s priority. After spending a summer in a San Francisco hacker house, immersed in building the Cal AI prototype, he initially leaned towards the path of a college dropout tech entrepreneur. However, this experience led to a crucial realization. He recognized that bypassing college meant missing out on a significant phase of personal growth and development. He eloquently described this shift in his viral essay, stating: “In my rejection of the collegiate path, I had unwittingly bound myself to another framework of expectations: the archetypal dropout founder. Instead of schoolteachers, it was VCs and mentors steering me toward a direction that was still not my own.” This epiphany motivated him to apply to universities, seeking a more holistic learning experience beyond coding and revenue streams. He articulated his desire to learn from diverse perspectives, not just digital resources, aiming to “elevate the work I have always done” through human interaction and academic rigor. His essay highlighted this evolved perspective, emphasizing his newfound appreciation for the value of a college education in broadening his horizons and amplifying his impact. The Essay That Sparked a Firestorm: Authenticity or Arrogance? Yadegari’s application essay, which he openly shared on X, became a central point of contention in the online debate surrounding his university admissions fate. In it, he candidly discussed his initial aversion to college, detailing his journey as a self-taught coder and the financial success he achieved. He recounted how venture capitalists and mentors reinforced the notion that college was unnecessary for him. This narrative, while honest, seemed to some as lacking the conventional eagerness for higher education that university admissions committees typically seek. Despite his impressive academic record and real-world achievements, rejections poured in from institutions like Stanford, MIT, Harvard, Columbia, Princeton, Duke, and Cornell. He did receive acceptances from Georgia Tech, University of Texas, and University of Miami, solid options, but not the Ivy League cohort that many expected for someone with his profile. X Marks the Spot: 22 Million Views and a Torrent of Opinions Yadegari’s tweet about his widespread college rejection went viral, amassing over 22 million views and thousands of comments. The reactions were diverse and often sharply divided: Essay Criticism: Many commenters labeled his essay as “arrogant,” suggesting it conveyed a lack of genuine interest in learning within a traditional academic environment. They argued that university admissions officers likely perceived him as someone who was applying to college almost as an afterthought, rather than with true enthusiasm. System Critique: Others directed their criticism at the university admissions system itself, echoing familiar complaints about its often opaque and seemingly arbitrary nature. They argued that a system that overlooks a proven teen entrepreneur with stellar grades and test scores is fundamentally flawed. Insightful Observations: Perhaps the most constructive feedback centered on the idea that colleges prioritize candidates who demonstrate a genuine thirst for knowledge and a high likelihood of graduating. Yadegari’s essay, in its candid portrayal of his initial reluctance towards college, may have inadvertently signaled a lack of commitment to the traditional academic path, despite his eventual change of heart. Garry Tan Weighs In: Ayn Rand and College Rejection Even Y Combinator’s Garry Tan chimed in on X, sharing his own experience with widespread college rejection and waitlists. Tan humorously confessed that his own application essays, heavily influenced by Ayn Rand’s philosophy after reading ‘The Fountainhead,’ might have contributed to his initial setbacks. While Tan eventually gained admission to Stanford, his anecdote highlights the subjective and sometimes unpredictable nature of university admissions , where even philosophical influences can play a role. Beyond Business Success: A Teen’s Evolving Perspective Speaking to Bitcoin World, Yadegari expressed his fascination with the diverse responses to his viral post. He acknowledged the varied perspectives and the inherent uncertainty in understanding the exact reasons for his college rejection . However, he emphasized his commitment to authenticity, stating, “At the end of the day, when I wrote my essay, I hoped admissions offices would perceive me as authentic because that’s all I ever want to be.” Importantly, Yadegari also revealed a significant shift in his priorities. Having achieved considerable business success at a young age, he now recognizes that “life was not just about financial success. It is about relationships, and about being a part of a larger community.” This evolving perspective underscores a maturity beyond his years, suggesting that his pursuit of higher education is driven by a deeper desire for personal growth and community engagement, rather than solely career advancement. While the college rejection saga of this teen entrepreneur has sparked debate and offered insights into the complexities of university admissions , it also highlights a crucial point: success can be defined in many ways. For Zach Yadegari, despite the initial disappointment, this experience seems to be shaping a more nuanced understanding of achievement and personal fulfillment, proving that even in the face of rejection, growth and learning continue. To learn more about the latest AI market trends, explore our article on key developments shaping AI institutional adoption.
Market somewhat stabilizing, which might create conditions for proper recovery
A long-dormant Ethereum wallet inked $8.66 million in profits after selling 5,001 ETH it purchased back in 2017. The crypto tracker Lookonchain notes the address acquired 5,001 Ethereum for $1.38 million in 2017, back when ETH cost only $277. The wallet held its Ethereum trove through multiple bull runs, including when ETH hit its all-time high of $4,878 in November 2021. At that high point, the Ethereum holder would have made $23 million in profit had they sold. The wallet sold 3,000 Ethereum in early March and hawked the remaining 2,001 ETH earlier this week, according to the crypto data platform Arkham . Ethereum is trading at $1,882 at time of writing. The second-ranked crypto asset by market cap is down nearly 2% in the past 24 hours and more than 6% in the past seven days. Lookonchain also notes that crypto whales have been selling Aave ( AAVE ), a top decentralized lending protocol built on Ethereum. One whale deposited 30,001 AAVE worth $4.98 million to the digital assets prime brokerage FalconX. Another deposited 11,018 AAVE worth $1.86 million to the crypto exchange OKX at a loss of $293,000. AAVE is trading at $157.39 at time of writing. The 52nd-ranked crypto asset by market cap is down more than 6% in the past 24 hours and nearly 12% in the past seven days. 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: Midjourney The post Ethereum OG Wallet from 2017 Sells All Remaining ETH, Inks $8,660,000 in Profit: Lookonchain appeared first on The Daily Hodl .