Bitcoin climbs back to $100K, set to rise on a weekly basis

More on Bitcoin Chart Of The Day: Don't Look Now, But... Bitcoin Is Back BTC/USD Analysis: Is Bitcoin A Safe Haven As Market Cap Hits 2021 Levels? The Greed And Fear Tango: The Markets In April 2025 Asian indexes mixed as Sino-U.S. trade talks stir hopes Bitcoin jumps past $100K as Trump announces trade deal with U.K.

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SRx Health Solutions to start crypto-based borrowing plan, invests $1.5m in Solana

SRx Health Solutions, Inc. announced on Thursday that it intends to launch a new subsidiary focused on borrowing crypto. These investments include cryptocurrencies like Solana ( SOL ) and Bitcoin ( BTC ), forming a key part of a wider strategy to utilize its current assets while investigating decentralized financial models. According to the company, the proposed subsidiary would allow global investors to deposit cryptocurrency in exchange for a share of profits from SRx’s North American Halo brand. SRx would then use the crypto capital to support Halo’s sales and marketing operations, aiming to boost growth while avoiding equity dilution for shareholders. “This is a conceptual plan, and we are very much looking forward to talking to the crypto community about how to achieve these goals,” said SRx Chairman Adesh Vora in the announcement. “Our goal is to create financial flexibility while preserving shareholder value.” You might also like: Aave Labs’ Horizon partners Ant Digital to build RWA market on Ethereum Solana purchase The move signals SRx’s growing interest in digital assets. Earlier the same day, the company disclosed it had purchased approximately $1.5 million worth of Solana as part of the strategy/ Vora said SRx plans to continue investing in digital assets as the company grows and may also explore a crypto-based rewards program tied to its pharmacy offerings. SRx Health Solutions operates as a specialty healthcare provider across Canada, offering integrated services and pharmaceutical solutions. The company said the diversification strategy is intended to enhance financial resilience and unlock long-term value for investors. You might also like: Dow drops 180 points as caution prevails ahead of U.S.-China talks

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Popcat breakout signals end of accumulation, targets $1.04 resistance level

Popcat has broken free from months of range-bound trading, reclaiming a key level and igniting a bullish rally. Momentum now points toward a potential explosive move to $1.04. After being trapped in an accumulation phase since February, Popcat ( POPCAT ) has finally broken out with strong bullish momentum. The move comes as price action confirms acceptance above the critical $0.33 level, marking a shift in market structure from neutral to decisively bullish. This breakout sets the stage for a potential rally toward the next major resistance near $1.04, with favorable volume and technical confluence supporting the move. Key technical points Key Breakout Level: Price has reclaimed $0.33, flipping it into support after months of consolidation. Bullish Structure Formed: Multiple higher lows and a confirmed trend shift signal strong upward momentum. Target Resistance at $1.04: Aligned with key Fibonacci levels and limited overhead resistance. PopCatUSDT (1D) Chart, Source: TradingView Technical breakdown The structure of Popcat has shifted significantly in recent weeks. After forming a base through an extended accumulation phase, price has now reclaimed the $0.33 level, a major technical pivot. This level previously acted as resistance but now confirms strong support, allowing bulls to take control of the market. The bullish structure is reinforced by consecutive higher lows, pointing to growing demand and sustained buying pressure. One of the most notable technical alignments is the confluence between the $1.04 resistance level and a significant Fibonacci retracement zone. This strengthens the case for an upward continuation, especially given the low resistance zones between current price levels and $1.04. If volume continues to rise, as currently observed, the move could accelerate swiftly due to limited supply in this range. You might also like: Which crypto could boom in 2025? A data-driven look at the contenders From a broader perspective, the market has transitioned from a bearish to a bullish structure. This is evidenced by the breakdown of the previous downtrend, the formation of accumulation, and now the breakout supported by volume and structure. The price now has a clear higher high and higher low, confirming a classic uptrend. What to expect in the coming price action With bullish confirmation above $0.33 and increasing volume, Popcat appears poised for a continuation toward $1.04. Traders should watch for healthy consolidation or a minor pullback that forms a new higher low, which would further solidify the uptrend. As long as price holds above the breakout zone, the bulls remain firmly in control. Read more: Bitcoin and Ethereum on alert as $3b worth of options expire on Friday

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Trump Invites Key Figures to the 2025 Bitcoin Conference

The 2025 Bitcoin Conference is significant due to Trump’s election victory. Prominent figures like U.S. Continue Reading: Trump Invites Key Figures to the 2025 Bitcoin Conference The post Trump Invites Key Figures to the 2025 Bitcoin Conference appeared first on COINTURK NEWS .

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Wellgistics Health Plans to Integrate XRP Payments and Strengthen Corporate Treasury with Ripple Token

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

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ETHEREUM PRICE ANALYSIS & PREDICTION (May 9) – ETH Flips $2k Following a 20% Surge in a Day, Will This Level Hold?

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 !

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CryptoQuant CEO Apologizes for Incorrect Bitcoin Forecast

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.

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Sonic price prediction 2025-2031: Will S reach $1 soon?

Key takeaways : The average Sonic price prediction for 2025 is $0.1727 Holders can anticipate a maximum price of $0.6752 in 2028. By 2031, Sonic (S) might touch $1.99. Fantom Integrates to Sonic (S) Chain On March 25, 2024, Fantom CEO Michael Kong announced the upcoming launch of the Sonic mainnet following the completion of its testnet. The proposal included a decentralized bridge to Ethereum for improved security, streamlined staking options, and the introduction of liquid staking. Michael Kong Unveils Sonic’s Launch and Beyond TL;DR Sonic will be used to create a new best-in-class shared (decentralized) sequencer for L1 and L2 chains, capable of 180M daily transactions at sub-second finality, and serve as the foundation to relaunch Fantom as an entirely… pic.twitter.com/AFEYxddC09 — Sonic Labs (@SonicLabs) March 25, 2024 Fantom fully rebranded as Sonic on January 16, 2025, to reposition itself within the market. As part of this transition, Sonic plans to introduce new features to increase community engagement and enhance its ecosystem’s utility, which could drive demand for its token. However, the price of FTM is expected to remain largely influenced by overall market sentiment and the platform’s adoption rate. The success of this rebranding will likely depend on how effectively Sonic aligns with the crypto market’s growing focus on regulatory compliance. Will Sonic (Prev.FTM) reclaim FTM’s all-time of $3.48 soon? How high can Sonic (S) go in 2025? Let’s dive into Sonic’s price predictions for 2025 and beyond. Overview Cryptocurrency Sonic Token S Price $0.5808 Market Cap $1.49B Trading Volume $92.23M Circulating Supply 3.17B S All-time High $1.03 on Jan 4, 2025 All-time Low $0.04356 on Jan 29, 2025 24-h High $0.6159 24-h Low $0.5527 Sonic (S) price prediction: Technical analysis Volatility 7.41% 50-Day SMA $ 0.513252 14-Day RSI 55.76 Green Days 13/30 (43%) Sentiment Bullish Fear & Greed Index 64 (Greed) 200-Day SMA – Sonic price analysis TL;DR Breakdown Sonic shows moderate overbought signals with RSI near 61 on the daily chart The 4-hour chart indicates bullish momentum with MACD remaining positive Price may test $0.61 resistance but minor pullbacks or sideways moves are likely Sonic (S) price analysis 1-day chart Sonic/USD 1-Day Chart Analyzing the provided 1-day chart for Sonic (S/USDT) on May 9, we can see a gradual upward movement, with the price pressing near the upper Bollinger Band, indicating bullish strength. The RSI is around 61, suggesting momentum is on the bullish side but not yet overbought. Bollinger Bands are widening, hinting at increased volatility. If the price can maintain above $0.52 support, Sonic may push towards $0.60 resistance. However, watch for potential consolidation if buying pressure fades near current highs. S/USD technical analysis 4-hour chart Sonic/USD 4-hour Chart The 4-hour chart for Sonic (S/USDT) reveals recent upward momentum, with price action nearing the upper Bollinger Band, indicating a bullish trend that may be overextended short term. The MACD shows positive crossover and rising histogram bars, confirming continued buying interest. However, the Balance of Power indicator reflects a slight dip into negative territory, suggesting potential short-term weakness or consolidation. Support is seen around $0.54, while resistance remains near $0.61. If the bullish volume persists, a breakout could materialize, but caution is advised for possible pullbacks as the price has moved rapidly. Consolidation is likely before further trend confirmation. Sonic technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.507083 BUY SMA 5 $ 0.529183 BUY SMA 10 $ 0.533094 BUY SMA 21 $ 0.521174 BUY SMA 50 $ 0.514503 BUY SMA 100 $ 0.542704 BUY SMA 200 – Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.504875 BUY EMA 5 $ 0.493057 BUY EMA 10 $ 0.489354 BUY EMA 21 $ 0.502118 BUY EMA 50 $ 0.533441 BUY EMA 100 $ 0.562803 BUY EMA 200 – – What can you expect from the Sonic (prev.FTM) price analysis next? The combined 4-hour and 1-day charts for Sonic (S/USDT) show a cautiously optimistic outlook. On the daily chart, the price is testing upper Bollinger Band limits with the RSI near 61, indicating moderate overbought conditions, yet leaving room for growth. The 4-hour chart confirms bullish momentum, with MACD maintaining positive crossover and continued upward pressure. However, Balance of Power reflects moments of weakness, hinting at possible near-term consolidation. Support rests around $0.54 and resistance is near $0.61. If volume sustains, Sonic could extend gains, though minor pullbacks or sideways moves are probable before confirming a decisive trend continuation or reversal. Is Sonic a good investment? Sonic is a high-speed, scalable blockchain platform gaining attention as an alternative to networks like Ethereum. Based on our analysis, we are optimistic about its growth, projecting a $0.1939 price by 2025 and $1.41 by 2030. Despite its potential, investing in Sonic (S) involves risks typical of cryptocurrencies, including market volatility. Own research and an assessment of personal risk tolerance are essential steps for anyone considering S as a potential investment opportunity. Will Sonic reach $5? The price of Sonic could reach $1.18 by 2030, with price predictions suggesting a high of $1.49. However, achieving this depends on market conditions and overall blockchain adoption trends. Will Sonic reach $10? Based on our technical analysis, Sonic will not approach double-digit prices within the next 6 years. Our recent Sonic predictions suggest that by 2031, S could attain a price of about $1.99 Is Sonic a safe network? Sonic is regarded as a secure blockchain platform that utilizes its unique Lachesis consensus mechanism for high-speed and scalable transactions. However, as with any blockchain network, users should exercise caution, use official channels, and follow best security practices to protect their assets. Does Sonic have a good, long-term future? Sonic shows potential for a strong long-term future, with price predictions suggesting significant growth by 2030 and beyond. Analysts forecast prices could reach between $5.89 and $6.99, driven by its unique blockchain technology and increasing adoption in decentralized applications. However, market volatility remains a concern. Recent news/opinion on Sonic (prev. FTM) Sonic has announced that depositing USDC into Binance now takes advantage of Sonic’s sub-second finality, enabling instant crediting. "When you deposit @USDC into Binance from Sonic, you leverage the chain's sub-second finality to be credited instantly." 🎤 @0xSeg 📍 @mpost_io pic.twitter.com/0CY9ICAJIs — Sonic World (@SonicWorldHQ) May 2, 2025 According to a report by Messari, Sonic has crossed $1B in TVL within 4 months of its launch Sonic crossed $1 billion in TVL within 4 months of launch pic.twitter.com/Ps1GqBIHUh — Messari (@MessariCrypto) April 3, 2025 Sonic price prediction May 2025 The Sonic price prediction for May 2025 suggests a range between $0.1283 and $0.1459 and an average level of $0.1418. Period Potential Low ($) Average Price ($) Potential High ($) Sonic (S) price prediction May 2025 $0.1283 $0.1418 $0.1459 Sonic price prediction 2025 Sonic’s average market price is expected to be $0.1727 by 2025, with a potential low of $0.1659 and a potential high of $0.1939. Period Potential Low ($) Average Price ($) Potential High ($) Sonic Price Prediction 2025 $0.1659 $0.1727 $0.1939 Sonic price forecast 2026– 2031 Year Potential Low ($) Average Price ($) Potential High ($) 2026 $0.2489 $0.2558 $0.2872 2027 $0.3940 $0.3940 $0.4337 2028 $0.5512 $0.5669 $0.6752 2029 $0.8035 $0.8318 $0.9568 2030 $1.18 $1.21 $1.41 2031 $1.66 $1.71 $1.99 Sonic (prev.Fantom) price prediction 2026 The Sonic forecast for 2026 speculates that the price might hit a new all-time high of $0.2872 by 2027. On the lower end, corrections may pull the price to $0.2489, with an expected average trading price of around $0.2558. Sonic price prediction 2027 The Sonic forecast for 2027 speculates that the price might hit a new all-time high of $0.4337 by 2027. On the lower end, corrections may pull the price to $0.3838, with an expected average trading price of around $0.3940. Sonic price prediction 2028 In 2028, Sonic’s market price might stabilize at $0.6752 while maintaining the same average trading price of around $0.5669, and a minimum price of around $0.5512. Sonic price prediction 2029 Sonic is expected to reach a maximum of $0.9568 by 2029. However, it could fall to $0.8035, with an average price of $0.8318. Sonic price prediction 2030 Sonic is projected to hit a high of $1.41 in 2030. In the event of a price correction, it could drop to $1.18, with an average of $1.21. Sonic (prev.FTM) price prediction 2031 Sonic is expected to reach a high of $1.99 in 2031. The average trading price is expected to be $1.71, and the minimum price is projected to be $1.66. Sonic price prediction 2025 – 2031 Sonic market price prediction: Analysts’ FTM price forecast Firm Name 2025 2026 Coincodex $ 0.1939 $ 0.2872 DigitalCoinPrice $0.0655 $0.0777 Cryptopolitan’s Sonic (S) price prediction At Cryptopolitan, we predict Sonic (S) will reach $0.1551 by the end of 2025 and could hit $0.2298 by 2026 due to increasing adoption, strong developer support, and favorable market conditions. Sonic (S) historic price sentiment Sonic (S) price history | CoinMarketCap FTM launched in June 2018 at $0.0182 and hit its lowest point of $0.00229 in March 2020 during the market crash. Thanks to the DeFi craze, it saw a major breakout in early 2021, climbing past $0.50 and reaching $3.24 by October. After the 2022 bear market dragged it below $0.30, the price began to recover, hitting $0.55 by early 2024. In August 2024, Fantom rebranded to Sonic Labs and introduced the new Sonic (S) tokens. The 1:1 FTM-to-Sonic token swap began in December 2024, and major exchanges like Binance completed it in January 2025. Since the swap, Sonic (S) established a new ATH of $1.029 in January. As of February, the S token traded between $0.57 and $0.70. SONIC value decreased further in March, dipping to the $0.70 range. SONIC Value has declined in April as it traded between $0.40 and $0.46. SONIC ended April at $0.5132. At the start of May, SONIC traded between $0.5709 and $0.52.

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U.S. Vice President Vance to Address Bitcoin 2025 Conference in Las Vegas

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.

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Dow Jones vs Bitcoin: Which is the better buy in this bull market?

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

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