Maelstrom’s Investment Director and former head of the BitMEX crypto exchange, Arthur Hayes, is sticking to his previous forecasts regarding the crypto market. He remains confident in the long-term growth of Bitcoin’s price-believing it could reach as high as $1 million. Hayes shared his thoughts on this matter at the large-scale Token2049 conference, which is currently taking place in Dubai. When Bitcoin will be worth a million dollars During a conference speech, Arthur Hayes urged listeners to ”actively shop” for multiple digital assets, including Bitcoin. To support his point of view, he repeated the argument that the U.S. will eventually have to print money again , essentially resorting to the equivalent of quantitative easing. According to Hayes, this will inevitably lead to an increase in the price of cryptocurrencies. However, in such a case, more money will appear in circulation, which will be at the disposal of investors and at least partially redirected into various assets - including digital ones. The former head of BitMEX drew a parallel between the current market situation and the third quarter of 2022. Back then, there were many reasons for fear, from the US Fed rate hike to the impending collapse of the FTX trading platform, which eventually did happen. Nevertheless, the US stepped in and injected $2.5 trillion through a repurchase program into the economy. The market is also facing serious concerns over the state of the economy today, driven by US President Donald Trump's statements about the need to pass high tariffs on the country's trading partners. Markets crashed after the new customs policy of the government, although they also partially recovered amid a 90-day pause on tariffs for a number of countries. Hayes also noted that Fed Chairman Jerome Powell is not a Trump supporter and is unlikely to intervene to stabilize markets. However, even if the banking system will not directly finance the recovery, it will be done by hedge funds through the purchase of government bonds. Hayes added that such funds are likely to buy more debt, thereby increasing liquidity. Amid these arguments, Hayes stated that Bitcoin's price could very well reach the $1 million mark by 2028 . Today, the major cryptocurrency is trading at about $95,000. If Hayes' forecast becomes a reality, the value of BTC will increase more than tenfold in the next few years. The main factor of cryptocurrency market growth Another Token 2049 speaker is Matthew McDermott, head of digital assets at Goldman Sachs. During the conference, he stated that clear regulation that allows large institutional investors to enter the digital asset ecosystem at scale will be key to its growth. For the industry to scale, you need large institutions to be able to deploy capital across the market. According to him, various lobbying groups are making efforts to form an adequate regulation of the crypto market in the US. He said that the current direction of US policy in this area contributes to the global development of the market, attracting new players and accelerating growth. McDermott added that two stemcoin bills being drafted could also play a key role. If regulation makes it easier for financial institutions to adopt stablecoins, it will accelerate the widespread use of digital currencies. We are watching this closely. As a financial giant, Goldman Sachs is interested in uniform rules of the game and the right to participate in all aspects of the crypto market - even though it is already active in this area. According to McDermott, the bank is involved in crypto trading. In particular, we are talking about derivatives, futures, options and ETFs. Work is also underway on tokenization and the conversion of traditional financial products to round-the-clock trading. Goldman has invested in several crypto projects, especially related to blockchain infrastructure. In addition, the bank has developed its own digital asset platform, the Digital Asset Platform, which it is currently preparing to spin off into a separate business. We have strategic partners helping us to create additional value. We are confident that we will successfully separate the platform next year. McDermott concluded that with clear regulatory rules, it will be easier to implement tokenization on a large scale. He noted that Goldman is actively working on this area, especially in the context of money market funds, and client demand is clearly present. The bottom line Together, all these factors create ideal conditions for the growth of the crypto market in 2025. Therefore, investors should not be frightened by the fact that BTC is close to its all-time high - after the next bullrun, Bitcoin's current price may well seem ”cheap” afterward. Especially if giants like Strategy listen to expert's adivice and start acting more aggressively.
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The post Dogecoin Price Analysis and Forecast: DOGE Price Confirms Early Bull Phase appeared first on Coinpedia Fintech News A consistent close above the resistance range between 19 cents and 20 cents will trigger a rally toward the parabolic phase for the DOGE price. The anticipated approval of spot DOGE ETF in the next few months will improve its overall liquidity, trading volume, and demand. Dogecoin (DOGE) price performed better than the rest of the top-10 altcoins by market capitalization in the past 24 hours. As Bitcoin (BTC) price teased above $97k and the total crypto market cap gained 1.2 percent in the past 24 hours to hover about $3.12 trillion, DOGE price rallied over 5 percent to trade around $0.1813 on Thursday, May 1, during the mid North American session. The early bull phase – characterized by rising optimism and a breakout from key resistance levels – has signaled the onset of the much anticipated parabolic phase of the 2025 crypto bull cycle. Dogecoin Whales Increases Accumulation As investors adjust accordingly, amid the Wall Street quarterly earnings report and improving trade war negotiations, on-chain data shows whale investors have increased their appetite for memecoins, led by Dogecoin. According to market data from Santiment, Dogecoin investors, holding between 1 million and 10 million coins, added 100 million DOGE in the past week to currently hold about 10.55 billion coins. The rising demand for DOGe coincides with the notable spike in its Futures Open Interest (OI) to about $1.88 billion, from about $1.31 billion on April 9, 2025. Additionally, as Coinpedia reported , the odds for a Doge ETF approval before the end of this year have significantly increased, with Polymarket’s users betting at a 68 percent approval rate. What Next For DOGE Dogecoin price has depicted a high correlation with Bitcoin price action YTD, catalyzed by its high adoption by institutional investors. The large-cap memecoin, with a fully diluted valuation of about $26.9 billion and a 24-hour average trading volume of around $1 billion, is aiming for 26 cents, which coincides with the 200-day Moving Average Simple (SMA). From a technical analysis standpoint, DOGE will enter its price discovery in the near future. However, the weekly MACD line must cross above the signal line and the Relative Strength Index (RSI) regains above 50.
PopCat has shown consistent strength in its market structure, forming higher highs and higher lows since bouncing from the $0.13 region. However, its ability to hold key support will determine what comes next. The meme coin PopCat ( POPCAT ) has recently attracted attention due to its aggressive uptrend, consistently forming bullish market structure since establishing a strong base at $0.13. However, recent price action is testing a critical inflection point. With resistance at $0.41 now acting as a short-term barrier, market participants are watching to see if the coin will form another higher low or begin a deeper corrective phase. Key technical points Major Resistance: $0.40–$0.41 Key Support: Value Area High, VWAP SR, and POC Trend Structure: Bullish with potential for continuation PopCat USDT (4H) Source: TradingView The current market structure for PopCat remains bullish, as seen in its formation of higher highs and higher lows. From the bottom at $0.13, the coin has steadily trended upward, finding strength on each dip. Now, price is reacting to the $0.40–$0.41 resistance level, where a rejection is forming on the lower timeframes. This level is significant and must be broken to unlock a new expansion leg toward the $0.71 target. Despite this resistance, PopCat still holds key support on the 4H timeframe. The Value Area High (VAH), VWAP support zone, and a cluster of moving averages all align here to create a strong demand area. Holding this zone would confirm another higher low, keeping the bullish structure intact. You might also like: Uniswap price could surge as Unichain flips Ethereum, Polygon, Sei in key metrics If price action falls below this area, the likelihood of a short-term top increases, especially if the point of control (POC) also fails to hold. The POC has previously acted as a magnet for buying pressure, which adds significance to this level as a potential final defense before a more sustained correction. Momentum and structure remain bullish for now, but weakness below support zones would signal a temporary market shift. A confirmation of support here could provide a solid long opportunity for traders expecting a breakout above $0.41. What to expect in the coming price action, If PopCat holds its current support structure, the next logical move would be a push above $0.41, with a potential target toward $0.71 in the coming sessions. However, a loss of support could lead to a deeper correction before any further bullish continuation. Traders should monitor volume and structure closely around key levels for signs of confirmation. Read more: BNB, SHIB prices shift; BlockDAG doubles stakes with 50m Buyer Battles, $223m presale
The crypto hardware wallet firm Ledger is telling its customers to be vigilant as scammers launch a new phishing scheme targeting its users. In a post on the social media platform X, the Paris-based company confirms reports that fraudsters are sending physical letters telling users that it is requiring wallet validation for security purposes. The scam mail directs recipients to visit a link to enter their recovery phrase, ensuring that the process is conducted through a secure channel. Reads the letter shared by crypto trader Jacob Canfield, “We are contacting you regarding a critical security update that requires your immediate attention. As part of our ongoing commitment to maintaining the highest security standards, all users are required to validate their wallets using their recovery phrase to ensure continued and secure access to their Ledger devices.” Ledger says the letter is a scam. The company also previously warned about impersonators contacting wallet owners by phone . “Scammers impersonating Ledger and Ledger representatives are unfortunately common. While we actively report and block scammers, we can’t control what accounts – real or bots – choose to say in their emails, phone calls, bios or usernames on X.” The company says that it will never ask its customers for their 24-word recovery phrase and if there is anyone who does, it is a scam. “Please don’t engage with accounts claiming to be Ledger employees or anyone offering to help recover funds. For support and technical assistance, connect with our support team directly.” 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 Crypto Wallet Company Ledger Issues Warning as Customers Receive Physical Scam Letters appeared first on The Daily Hodl .
Enso has partnered with Stargate and LayerZero to create a one-click liquidity migration solution for Unichain, setting the stage for up to $3.5b liquidity inflow. As Web3 advances, smooth movement across networks becomes more essential. Until now, transferring liquidity to Unichain has involved a complicated, multi-step process, discouraging many liquidity providers (LPs) from making use of Uniswap v4. Enso is addressing this challenge by joining forces with LayerZero and Stargate to offer a one-click migration solution. This will enable LPs to bridge, migrate, and redeploy their liquidity in a single, seamless transaction. Uniswap v2 and v3 LPs will be invited to move their positions from Ethereum and other EVM-compatible networks directly to Uniswap v4 on Unichain. Up to $3.5 billion in liquidity is set to transition to Unichain, potentially marking one of the largest liquidity shifts in Ethereum’s history. The migration system was built collaboratively, with Enso handling DeFi execution and deployment, Stargate facilitating bridging, and LayerZero ensuring secure, reliable messaging across the networks. “Through engineering a unified solution with the help of Stargate and LayerZero, Enso has added the missing piece to the puzzle,” said Enso Co-Founder Connor Howe. With the ability to transfer their positions in one click, Uniswap LPs are about to trigger one of the largest liquidity migration events in Ethereum history.” By enabling LP migration between EVM chains and Unichain, Enso provides a practical example of how DeFi’s composability can be used to seamlessly transfer billions in onchain liquidity.
Cryptocurrency analysis company Alphractal reported that there has been a significant increase in institutional investor applications to the U.S. Securities and Exchange Commission (SEC) in recent days. According to the company's evaluation, these applications were not limited to Bitcoin only; a remarkable increase in the number of applications was also observed in altcoins such as Ethereum (ETH), Cardano (ADA) and Dogecoin (DOGE). Bitcoin has once again proven its institutional interest by experiencing its third-busiest week in history, but the focus is broadening, according to Alphractal. According to Alphractal's analysis: Ethereum has shown strong growth, maintaining its position as the most preferred digital asset outside of Bitcoin. Cardano has reaffirmed its long-term potential with its growing adoption as a smart contract platform. Dogecoin, surprisingly, has started to appear more in institutional portfolios. This shows that the view of traditional investors towards the most popular “memecoin” is starting to change. Alphractal notes that this trend indicates a wider diversity in institutional strategies and that the cryptocurrency market is entering a maturation process. The company also added that SEC filings are an important indicator of the direction of institutional interest, and that the increasing interest in altcoins can be considered as preparation for the next phase of the market. *This is not investment advice. Continue Reading: Analysis Firm Reveals: “Institutional Interest in Three Altcoins Is Growing” – Cites ETF Applications as Evidence
Bitcoin slightly rose before Trump's unexpected announcement increased tensions. Trump imposed secondary sanctions on Iranian oil trade, primarily affecting China. Continue Reading: Trump Raises Tensions with Striking Declaration on Iranian Dealings The post Trump Raises Tensions with Striking Declaration on Iranian Dealings appeared first on COINTURK NEWS .
Financial services giant Morgan Stanley’s online brokerage and banking platform is reportedly going to offer crypto trading starting next year. According to a new report by Bloomberg, prompted by President Donald Trump’s pro-crypto actions and statements, anonymous sources familiar with the matter say that Morgan Stanley plans to incorporate digital assets into its online service platform E-Trade by 2026, though no specific date was mentioned. Though the plans are still in their early stages, Morgan Stanley is weighing its options in terms of which crypto firms to partner up with. If the firm follows through, it would mark the biggest move yet by a banking institution to offer crypto assets – including the top two digital assets by market cap Bitcoin ( BTC ) and Ethereum ( ETH ) – directly to retail investors. Currently, Morgan Stanley only offers digital asset products, such as exchange-traded funds (ETFs), options and futures contracts, to its wealthier clients, according to the report. Earlier this year, Trump made key moves for the crypto industry, such as signing an executive order to create a strategic BTC reserve, loosening regulatory pressure on the industry from the U.S. Securities and Exchange Commission (SEC), appointed a “crypto czar,” and pushed for Congress to create clear guidelines for crypto assets. Other major banking institutions, such as SoFi, have signaled that they may follow Morgan Stanley and directly offer crypto assets on their retail trading platforms. 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. Featured Image: Shutterstock/eliahinsomnia The post Morgan Stanley’s E-Trade To Offer Crypto Trading Starting Next Year: Report appeared first on The Daily Hodl .
Ethereum wiped out nearly half its value in 2025, with price dropping over 46% year-to-date as ETFs failed to attract capital inflows and the largest altcoin lost revenue. After months of debate on the future of the Ethereum Foundation and Vitalik Buterin’s new proposal for higher scalability, Ethereum eyes a comeback, likely the biggest one of the year. Table of Contents Ethereum could rise from the dead with three catalysts Vitalik Buterin’s plan for Ethereum scalability Ethereum v. Solana Five burning questions and Ethereum’s future Ethereum price prediction Ethereum could rise from the dead with three catalysts Ethereum ( ETH ) lost relevance, revenue and demand from new users over the past four months of 2025. Data from Growthepie shows that a key metric that measures a chain’s demand and relevance among market participants, the number of unique addresses interacting with one or more chains within the ETH ecosystem within a given week, hit a new all-time high. A week-on-week increase of 62% was recorded in the number of active addresses, with a 57% increase in Layer 2 dominance. Ethereum weekly engagement | Source: Growthepie.xyz On Wednesday, April 30, Etheruem leads the market sentiment among traders with 82%, followed closely by Solana ( SOL ) and Bitcoin ( BTC ). Data gathered by Oriole Insights shows that as market participants turn greedy, scoring 56 on a scale from 0 to 100, Ethereum gains relevance and bullish sentiment from traders. Daily market sentiment trending projects | Source: Oriole Insights After underperforming most altcoins and Bitcoin since the beginning of 2025, Ethereum is gearing for a comeback in light of recent announcements and updates. From Vitalik Buterin’s plan to scale the Ethereum network to the Ethereum Foundation’s management changes, the altcoin could attempt to resurrect from the dead and compete with Solana, a giant that captured a large volume of new users, revenue and activity on decentralized exchanges and applications in 2024 and 2025. The pivot proposed by the Ethereum Foundation is toward the key product, the token. Scaling Layer 1 chains, blobs, and improving the user experience could drive higher adoption, boost revenue generation, and bring back lost interest from traders in the ecosystem. You might also like: New report suggests over half of the U.S. millennials own crypto. What else did we learn? Vitalik Buterin’s plan for Ethereum scalability In mid-April, Ethereum creator Vitalik Buterin proposed to boost the scalability of the Ethereum execution layer. Buterin suggested an idea to resolve the key problem facing the ETH network, a primary scaling bottleneck, and said it could greatly improve the execution layer’s simplicity for users. Key concepts for developers building on the Ethereum chain remain unchanged. Buterin says the change would be “barely noticeable.” The ETH holder community is debating the impact of the proposal and whether the change is enough to make Ethereum relevant again. Ethereum scalability proposal | Source: Ethereum Magicians blog You might also like: Analysts project high approval odds for pending crypto ETFs as SEC delays mount Ethereum v. Solana The Ethereum vs. Solana debate rages on, with SOL leading in several key Layer 2 and DEX metrics. A Dune analytics dashboard that compares Ethereum and its Layer 2 chains with Solana over the past three months shows that SOL noted nearly four times as many transactions as Ethereum and its L2 chains during the same period. SOL leads by nearly $30 billion in DEX volume, and the active address count on Solana is nearly three times that of ETH and its Layer 2 chains. Ethereum and L2s v. Solana metrics | Source: Dune Analytics The month-on-month comparison of Ethereum Layer 2s and Solana transactions and active addresses shows the complete picture. A massive surge in both metrics is required for Ethereum to beat Solana in the decentralized sector. Monthly active addresses and transactions in Ethereum L2s v. Solana | Source: Dune Analytics Five burning questions and Ethereum’s future What does BlackRock’s $150 billion deal mean for the future of Ethereum? BlackRock, the largest asset manager in the world, is set to introduce a digital share class for its 150 billion dollar Treasury Trust Fund. The Ethereum developer and holder community believes this could benefit ETH and the altcoin’s price in the long term. The infusion of capital into the RWA sector would utilize DLT through BNY Mellon, a firm that uses the Ethereum blockchain. CEO Larry Fink has highlighted the potential of tokenization and its importance to the U.S. economy’s global dominance. Ethereum could gain from the capital inflow. Will Ethereum ETFs catch up with Bitcoin? Data from Farside Investors shows five consecutive days of capital inflows to U.S.-based Spot Ethereum ETFs, except on April 30, when net flow was negative $2.3 million. A total of nearly $2.5 billion in institutional capital was poured into Ethereum in the last fifteen days. Ethereum ETF flows | Source: Farside Investors While this number is relatively low compared to Bitcoin, the altcoin is catching up in terms of institutional demand, steadily in the second quarter of 2025. What does derivatives data show for the future of Ethereum? Derivatives data from Coinglass shows that derivatives volume, options open interest, and options trade volume have all climbed in the last 24 hours. While derivatives traders are not entirely bullish on Ether and the long/short ratio is less than one, it stands at 0.9771 as of May 1. Open interest in Ethereum has climbed nearly $3 billion between April 9 and April 30, indicating a steady increase in the value of all open derivatives contracts across exchanges. A rise in OI is typically considered bullish for an asset. Ethereum futures open interest | Source: Coinglass Will Ethereum price climb in the short-term? Data from Derive.xyz shows that while retail traders expect ETH price to decline, sentiment on Derive is bullish, with calls outnumbering puts by as much as four to one. The prediction platform places the odds of a rally above $2,300 by May 30 at 9 percent and the chance of a drop under $1,600 at 21 percent, as of April 30. A staggering 81.8 percent of all Ethereum options premiums are being used to buy calls. Ethereum 7-day and 30-day implied volatility | Source: Amberdata Has Ethereum price hit a cycle bottom? Ethereum has finally touched the -1SD line, according to Lab4Crypto, marking an opportunity for sidelined buyers to dollar-cost average into ETH. The chart shows a final touch on the -1SD line, a level that is historically considered a bottom for the altcoin. Ethereum hit this level on April 8, after nearly three years, as seen in the bottom range estimation chart below. Bottom range estimation for Ethereum | Source: Lab4crypto Ethereum price prediction Ethereum price could gain nearly 11 percent and test the upper boundary of the Fair Value Gap at $2,000, a key psychological level for the altcoin. Two key momentum indicators, RSI and MACD, support a bullish thesis for Ether. RSI reads 55 and is sloping upwards. MACD flashes green histogram bars above the neutral line. Both point to further gains in the altcoin. Ethereum could test resistance at $2,533, the lower boundary of the Fair Value Gap on the daily timeframe, and target the $3,000 level in the medium to long term. ETH/USDT daily price chart | Source: Crypto.news In the event of a flash crash in Bitcoin or a market correction, Ethereum could test support at $1,658, the lower boundary of the Fair Value Gap on the daily timeframe. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.