VIRTUAL has surged by 17.5% today, racing to $1.64 as the cryptocurrency market as a whole rises by 1.5% in the past 24 hours. This move puts the AI-focused coin up by 139% in a fortnight and by 250% in a month, while it also sits on a hugely impressive 1,350% gain in a year. VIRTUAL’s trading volumes have exploded over the past couple of weeks, rising from around $60 million on April 21 to $570 million today. This increase has followed from a recent uptick in whale purchases, while Virtuals’ fundamental position as a decentralized AI platform puts it in a very strong position to grow over the longer term . Is VIRTUAL the Next AI Mega Coin? Looking at VIRTUAL’s chart, it’s encouraging to note that the coin’s 30-day average (orange) has just overtaken the 200-day (blue), forming a golden cross that usually signals a break out. It’s also bullish that VIRTUAL’s relative strength index (purple) is rising back towards 70 after dipping a little over the past couple of days, suggesting that it has firmly entered a growth spurt. Source: TradingView Indeed, VIRTUAL had been struggling for two or three months prior to this week’s lift, meaning that it remains strongly undervalued and has plenty of room left to rise. Also bullish is the fact that transfer data has revealed that whales have been stocking up on VIRTUAL in the past couple of weeks, an indication that smart money expects the coin to continue rising in the near term. And in the longer term, VIRTUAL is arguably one of the most bullish altcoins in the market, given the promise of the Virtuals Protocol as a platform. Its network allows for the creation and deployment of AI agents, which developers can program to perform a variety of functions, spanning commerce and trading. Since its mainnet went live in October 2024, it has grown to encompass over 180,000 owners of AI agents and over 17,000 developers, according to its website . Autonomous businesses are here. ⁰⁰Powered by the Agent Commerce Protocol—an open standard for multi-agent commerce and coordination, leveraging the blockchain.⁰⁰Imagine an autonomous hedge fund business composed of information agents, trading agents, TEE-secured treasury… pic.twitter.com/P9rWqe00FA — Virtuals Protocol (@virtuals_io) February 19, 2025 On the other hand, DappRadar data currently states that Virtuals Protocol has 2,000 unique active wallets , whereas the same figure for Ethereum (for example) is 1.36 million . As such, it still has plenty of work left to do, but with AI remaining the biggest area of tech, it certainly has the potential for big future growth. The VIRTUAL price could therefore reach $2 again by June, while it could reach $5 by the end of the year. This Explosive Presale Token Could Crush the Market After Launch Virtuals Protocol is one of the most exciting new entries in the top 100, but it won’t be the only altcoin performing well over the coming the weeks. Certain newer coins are also likely to outperform the market this summer, including several presale tokens that have generated substantial momentum. Chief amongst them is Solaxy (SOLX), a layer-two network for Solana that has now raised a whopping $33.6 million in its ongoing ICO. HyperSpeed Achieved! 33 Million Raised! pic.twitter.com/HgswKcnnVM — SOLAXY (@SOLAXYTOKEN) May 3, 2025 This makes it one of the biggest sales of the year, and with over 72,000 followers on X , Solaxy is also one of the most popular unlaunched coins in the market. It owes its popularity to the fact that it’s Solana’s first true layer-two network, and as such it will provide users with very low transactions fees and super fast confirmation times. Additionally, it will also enable instant bridging between itself and Solana, with compatibility with other major chains coming after its launch. Solaxy is aiming to because an important hub for meme token trading, which remains probably the biggest part of the Solana ecosystem. This could help it grow quickly once it launches in the next few weeks, with SOLX attracting huge demand as the only means of paying for its transaction fees. Investors can join the coin’s presale at the Solaxy website , with SOLX available at $0.001718. This price will rise again tomorrow, yet given the size and success of Solaxy’s presale, it could rise much higher once the token launches. The post Is VIRTUAL the Next AI Mega Coin? 200% Rally + Whale Inflows Signal More Upside (Price Prediction) appeared first on Cryptonews .
ARK Invest predicts Bitcoin could reach $700,000 by 2030. Institutions, gold market share, and AI advancements influence these predictions. Continue Reading: ARK Invest Predicts Massive Bitcoin Rise by 2030 with Compelling Insights The post ARK Invest Predicts Massive Bitcoin Rise by 2030 with Compelling Insights appeared first on COINTURK NEWS .
The cryptocurrency market is constantly evolving, presenting unique opportunities for investors. Recently, a significant shift has caught the attention of analysts and enthusiasts alike: a notable decline in Bitcoin Dominance . This metric, which measures Bitcoin’s market capitalization relative to the total crypto market cap, is often seen as a key indicator of market sentiment and capital flow. When Bitcoin dominance falls, it can suggest that funds are moving away from Bitcoin and into alternative cryptocurrencies, commonly referred to as altcoins. This phenomenon is widely anticipated as a potential precursor to what the community calls ‘ Altcoin Season ‘. Understanding Bitcoin Dominance and its Significance Before diving into the potential for an Altcoin Season , it’s crucial to understand what Bitcoin Dominance is and why its movement matters. Bitcoin was the first cryptocurrency and remains the largest by market cap. Its dominance chart reflects its share of the entire crypto market pie. Historically, Bitcoin often leads market rallies, with investors initially buying BTC. As profits are taken or confidence grows, some of these funds tend to flow into larger, more established altcoins (like Ethereum), and then potentially into smaller, more speculative ones. A falling dominance chart suggests this latter phase might be beginning. Recent data highlighted by BeInCrypto shows Bitcoin Dominance dipping from a high of around 65% to approximately 63.31%. While a few percentage points might seem small, in the fast-moving crypto world, this can be a significant signal of shifting sentiment and capital allocation across the Crypto Market Trends . What is Altcoin Season and Why Does it Matter? Altcoin Season is a period where altcoins, as a class, significantly outperform Bitcoin. During such times, many altcoins can see massive price increases, often far exceeding Bitcoin’s gains. For investors, identifying and participating in an altcoin season can lead to substantial returns, though it also comes with increased risk. Key characteristics often observed during a potential altcoin season include: Falling Bitcoin Dominance: As discussed, this is a primary indicator. Rising ETH/BTC Ratio: Ethereum (ETH) is the second-largest cryptocurrency. A rising ratio against Bitcoin suggests ETH is gaining value relative to BTC, often seen as a leading indicator for broader altcoin strength. Increased Trading Volume in Altcoins: More capital is actively trading in altcoin pairs. Positive News and Developments for Specific Altcoins: Project milestones, upgrades, or partnerships can fuel individual altcoin rallies. The prospect of an altcoin season is exciting for those looking for high-growth opportunities beyond Bitcoin. However, it requires careful analysis and risk management. Analyzing the Current Signals: ETH/BTC and the Altcoin Season Index The analysis pointing towards a potential Altcoin Season is supported by more than just the drop in Bitcoin Dominance . The report also highlights the movement of the ETH BTC Ratio . The ETH BTC Ratio tracks the price of Ethereum relative to Bitcoin. A rebound in this ratio from recent lows, coupled with a rise of over 12% in just 24 hours as noted, is a strong signal that Ethereum is gaining ground on Bitcoin. Given Ethereum’s size and influence in the altcoin market, its strength against Bitcoin is often interpreted as capital flowing into the broader altcoin space, starting with the majors like ETH. Furthermore, the CoinMarketCap Altcoin Season Index provides a quantifiable measure. This index compares the performance of the top 50 altcoins (excluding stablecoins and wrapped tokens) against Bitcoin over the past 90 days. The index surging from 23 to 36 in a short period indicates that altcoins have collectively started to outperform Bitcoin recently. While an index value between 25 and 75 is considered ‘neutral’ (meaning neither Bitcoin nor altcoins have a clear dominance over the 90-day window), the rapid move upwards suggests momentum is building in favor of altcoins. An index value above 75 is typically considered confirmation of a full-fledged Altcoin Season . These combined signals – falling Bitcoin Dominance , a rising ETH BTC Ratio , and an increasing Altcoin Season Index value – paint a compelling picture of shifting Crypto Market Trends . What Does This Mean for Investing in Altcoins? For investors, the potential arrival of an Altcoin Season presents both opportunities and challenges when considering Investing in Altcoins . Potential Benefits: Higher Potential Returns: Altcoins, especially smaller cap ones, can offer significantly higher percentage gains than Bitcoin during a bull market phase. Diversification: Adding altcoins to a portfolio can provide exposure to different technologies, use cases, and market segments within the crypto ecosystem. Innovation Exposure: Altcoins represent the cutting edge of blockchain technology, from DeFi and NFTs to Layer 2 solutions and Web3 infrastructure. Challenges and Risks: Increased Volatility: Altcoins are generally much more volatile than Bitcoin. Prices can swing wildly in short periods. Higher Risk of Failure: Many altcoin projects do not succeed. Some may be scams or simply fail to gain adoption. Liquidity Issues: Smaller altcoins may have lower trading volumes, making it harder to buy or sell large positions without impacting the price. Complexity: Evaluating altcoins requires understanding specific project fundamentals, tokenomics, technology, and competitive landscape, which can be complex. Therefore, approaching Investing in Altcoins during this period requires a strategic mindset. Actionable Insights for Navigating Potential Altcoin Season Given the signals suggesting a potential shift in Crypto Market Trends towards altcoins, what steps can investors take? Here are some actionable insights: Do Your Own Research (DYOR): Do not invest based solely on hype. Thoroughly research any altcoin project you consider. Understand its whitepaper, team, technology, use case, and community. Focus on Strong Fundamentals: Look for projects with real-world utility, active development, a clear roadmap, and a dedicated community. Diversify Your Portfolio: Instead of putting all your funds into one or two altcoins, spread your investments across different sectors (e.g., DeFi, Layer 1s, Gaming, AI) and market capitalizations. Start with Larger Caps: If you are new to altcoins, starting with more established ones like Ethereum, Solana, or Cardano might be less risky than jumping straight into micro-cap tokens. Implement Risk Management: Only invest what you can afford to lose. Consider setting stop-loss orders to limit potential downside. Stay Informed: Keep track of market news, project updates, and changes in Bitcoin Dominance and the ETH BTC Ratio . Understanding these dynamics is key to successfully navigating the potential opportunities presented by a shifting market landscape and confidently Investing in Altcoins . Is This the Start of a Major Altcoin Season? While the signals discussed – the drop in Bitcoin Dominance , the rebound in the ETH BTC Ratio , and the rise in the Altcoin Season Index – are compelling indicators, it’s important to note that market movements are never guaranteed. The index is still in the ‘neutral’ zone, meaning altcoins haven’t definitively outperformed Bitcoin over the full 90-day period yet, but the recent trend is clear. Several factors could influence whether this momentum continues and evolves into a full-blown Altcoin Season : Overall Market Sentiment: A sudden negative macroeconomic event or regulatory news could impact the entire crypto market, including altcoins. Bitcoin’s Stability: A large, rapid drop in Bitcoin’s price could pull the entire market down, regardless of dominance trends. Capital Inflows: Continued inflow of new capital into the crypto market is generally bullish for both Bitcoin and altcoins. Therefore, while the signs are promising for those interested in Investing in Altcoins , caution and continuous monitoring of Crypto Market Trends are advised. Conclusion: Positioning for Potential Growth The recent decline in Bitcoin Dominance , coupled with the strengthening of the ETH BTC Ratio and the upward trend in the Altcoin Season Index, provides strong analytical support for the possibility of an impending Altcoin Season . This potential shift in Crypto Market Trends signals that capital may be rotating from Bitcoin into alternative cryptocurrencies, offering exciting prospects for growth. While the index has not yet reached the threshold confirming a full altcoin season, the current indicators suggest a favorable environment for those considering Investing in Altcoins . However, the inherent volatility and risks associated with altcoins demand a diligent approach, emphasizing thorough research, strategic diversification, and robust risk management. Staying informed about these key market indicators and exercising prudence will be essential for navigating the opportunities that a potential altcoin season could unlock. To learn more about the latest Crypto Market Trends, explore our article on key developments shaping Investing in Altcoins price action.
Microsoft-backed Space and Time has launched its public and permissionless mainnet, which is designed to deliver zero-knowledge (ZK)-proven data directly to smart contracts. Empowering Developers to Build Secure, Data-Driven Onchain Applications Space and Time, a blockchain platform backed by tech giant Microsoft, has officially launched its public and permissionless mainnet. The platform is designed to
For many in the cryptocurrency world, keeping an eye on the US stock market might seem like watching a different game entirely. However, the performance of traditional markets often provides crucial context and can even signal shifts that impact digital assets. Let’s dive into the recent movements in the major US indexes and explore what they might mean for your crypto portfolio. What Happened with Recent Stock Market Performance? In recent trading sessions, the three major U.S. stock indexes concluded the day on a positive note, signaling continued resilience in traditional financial markets. Here’s a quick look at the numbers: S&P 500: Increased by 0.13% Nasdaq Composite: Saw a modest gain of 0.01% Dow Jones Industrial Average: Led the pack with a rise of 0.29% While these individual percentage changes might appear small, collectively they represent a broader positive trend in the stock market performance . This uptick often reflects underlying confidence among investors regarding economic conditions, corporate earnings, or future growth prospects. Understanding this traditional market strength is the first step in seeing how it might ripple through to other asset classes, including cryptocurrencies. Is There a Crypto Market Correlation? This is the million-dollar question for many crypto enthusiasts. Historically, the relationship between the US stock market , particularly tech-heavy indexes like the Nasdaq, and the cryptocurrency market has shown periods of significant correlation. During times of high liquidity or widespread risk-on sentiment, both stocks and crypto might rise together as investors are eager to put capital into growth assets. Conversely, in periods of economic uncertainty or tightening monetary policy, both can experience sell-offs as investors move towards safer havens. However, this crypto market correlation is not a constant. The crypto market is also driven by its own unique catalysts: Regulatory news and developments Technological advancements (e.g., blockchain upgrades, new protocols) Specific project milestones or failures Adoption rates and institutional interest So, while a positive day in the stock market doesn’t guarantee a green day for Bitcoin or Ethereum, it often contributes to the overall market mood and can be an indicator of broader investor sentiment . How Do Macroeconomic Factors Play a Role? The performance of both stocks and crypto is heavily influenced by larger macroeconomic factors . Think about things like: Inflation: High inflation can lead central banks to raise interest rates. Interest Rates: Higher rates generally make borrowing more expensive and can reduce the appeal of riskier assets like growth stocks and cryptocurrencies, as safer investments (like bonds) yield more. Central Bank Policy: Decisions by entities like the Federal Reserve regarding quantitative easing or tightening directly impact the amount of liquidity in the financial system, affecting all asset classes. Geopolitical Events: Wars, political instability, and trade disputes can introduce uncertainty, often leading investors to reduce exposure to volatile assets. When the US stock market reacts positively to economic data (like employment numbers or inflation reports), it often signals that the market interprets the data favorably in the context of these macroeconomic factors . This positive interpretation can sometimes spill over into the crypto market, reinforcing the idea of a prevailing risk-on environment. Gauging Investor Sentiment: What Does it Tell Us? Ultimately, market movements are a reflection of collective investor sentiment . When major indexes like the S&P 500 and the Dow close higher, it suggests that the dominant sentiment among traditional investors is one of optimism or at least reduced pessimism. This sentiment isn’t confined to one market; it’s a psychological force that can permeate across different asset classes. A strong traditional stock market performance can indicate: Confidence in corporate profitability Belief in the economy’s ability to withstand challenges A willingness to take on more risk While crypto has its own unique drivers of investor sentiment (like community enthusiasm or fear of missing out), it is not immune to the broader market mood shaped by macroeconomic trends and traditional market performance. Monitoring the crypto market correlation with stocks can offer valuable insights into the prevailing risk appetite in the global financial system. Actionable Insights for Crypto Investors So, how should a crypto investor use this information about the US stock market ? Stay Informed on Macro: Don’t just watch crypto charts. Pay attention to major economic announcements, central bank meetings, and inflation data. These macroeconomic factors are key drivers for both markets. Understand the Correlation, But Don’t Rely Solely on It: Recognize that a crypto market correlation exists but is variable. Crypto can decouple based on internal news or trends. Assess Overall Investor Sentiment: Look at the performance of traditional markets as one gauge of global investor sentiment and risk appetite. Diversify Wisely: Understand how different asset classes behave in various economic conditions. Conclusion: Connecting the Dots The recent positive close for the major US stock market indexes serves as a reminder that traditional finance and the crypto world are increasingly interconnected. While the crypto market has its own unique dynamics, its performance is often influenced by the same broad macroeconomic factors and shifts in global investor sentiment that drive the stock market performance . Understanding this complex crypto market correlation is essential for making informed decisions in today’s intertwined financial landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action .
The post Solana Price Analysis: SOL Price Approaches Major Resistance Around $181 Amid Altcoin FOMO appeared first on Coinpedia Fintech News Solana (SOL) price has gradually followed the palpable rise of Bitcoin (BTC) and Ethereum (ETH) in the last few days. The large-cap altcoin, with a fully diluted valuation of about $89.8 billion and a 24-hour average trading volume of about $8.8 billion, recorded a 17 percent pump in the past week to trade about $173 on Friday, May 9, during the later North American trading session. Following the heightened volatility, Solana’s leveraged market recorded a net liquidation of about $31 million in the past 24 hours. Meanwhile, Solana’s on-chain liquidations on native perpetual exchanges reached a high of over $47 million in the past 24 hours, thus increasing the odds of a short squeeze. Solana Network Thrives with Institutional Investors The Solana network has attracted significant cash inflow from institutional investors, led by Sol Strategies , in the past few quarters. The notable memecoin growth within the Solana network helped increase its total value locked to over $8.7 billion. As Coinpedia reported, several fund managers are seeking to offer spot Solana ETFs in the United States. Moreover, the U.S. SEC under the Donald Trump administration has accelerated its pro-crypto stance in two months compared to Gary Gensler’s four-year term. Midterm Target for SOL Price From a technical standpoint, it is now safe to say that Solana price is under the influence of bullish sentiment. In the 2-hour timeframe, the SOL price successfully rebounded from a breakout of a falling logarithmic trend. With the 2-hour timeframe MACD line having crossed the zero line and the Relative Strength Index (RSI) above the 70 percent level, SOL price is now aiming for $187 and $240 next. The macro-bullish stance for SOL price will be fully confirmed once the altcoin crosses above the 200-day Moving Average Simple (SMA).
LUTNICK: NO CHANCE CHINA TARIFFS WILL BE PAUSED AFTER TALKS
Have you been watching the recent surge in the Bitcoin price and wondering what’s truly driving it? While many factors influence the volatile world of cryptocurrencies, a significant narrative gaining traction among analysts points to a powerful force from the traditional financial system: increased global liquidity . This connection suggests that the flow of money around the world has a profound impact on digital asset valuations, particularly for the leading cryptocurrency. Understanding the Connection: Bitcoin and M2 Money Supply At the heart of this analysis is the concept of the M2 money supply . What exactly is M2? Simply put, it’s a measure of the total amount of money circulating within an economy, including physical cash, checking deposits, savings accounts, money market securities, and other time deposits. When economists talk about ‘global M2 money supply’, they are aggregating this measure across major economies worldwide. An increase in M2 often indicates more money is available in the system, potentially seeking investment opportunities. Multiple analysts have highlighted a compelling correlation between the expansion or contraction of this global money supply and the price movements of assets, including Bitcoin. Cointelegraph recently reported on this trend, citing various experts who see global liquidity as a primary driver for Bitcoin’s recent performance. What Do Macro Investors Say About This Correlation? One prominent voice discussing this link is macro investor Raoul Pal, CEO of Real Vision. Pal has extensively analyzed historical data, demonstrating that Bitcoin’s price movements often mirror changes in global M2. His analysis suggests that as central banks and governments inject more liquidity into the system (often through quantitative easing or stimulus measures), a portion of that capital flows into risk assets, including cryptocurrencies like Bitcoin. Conversely, when liquidity tightens, these assets can face downward pressure. This perspective shifts the focus from purely crypto-specific catalysts (like technological developments or adoption rates) to broader macroeconomic forces. It positions Bitcoin not just as a disruptive technology but also as a global macro asset, sensitive to the tides of international finance. Is the Current Global Liquidity Cycle Sustainable? Understanding the current environment requires looking at the broader liquidity cycle. Michael Howell, founder and CEO of CrossBorder Capital, a firm specializing in tracking global liquidity flows, provides a crucial outlook. Howell suggests that the current phase of increasing global liquidity is likely to continue for some time, potentially peaking around mid-2026. This prediction has significant implications for assets like Bitcoin. If liquidity continues to expand towards a peak in 2026, it could provide a tailwind for crypto prices. However, Howell also notes that a downward phase is likely to follow this peak. This suggests that while the coming couple of years might be supported by macro tailwinds, the subsequent period could present challenges as liquidity potentially tightens globally. Key Takeaways from the Analysis: Strong Correlation: Analysts see a significant link between global M2 money supply and Bitcoin price performance. Liquidity as a Driver: Increased global liquidity provides capital that can flow into risk assets, including crypto. Macro Asset Status: Bitcoin is increasingly behaving like a macro asset influenced by global financial conditions. Cycle Peak Prediction: The current liquidity cycle is predicted to peak around mid-2026, with a subsequent downturn expected. What Does This Mean for the Crypto Price? For investors and enthusiasts, this correlation is vital information. It suggests that simply analyzing on-chain data or technological updates might not be enough to fully understand Bitcoin’s trajectory. Paying attention to global macroeconomic indicators, particularly central bank policies and liquidity measures, becomes increasingly important. Benefits: Understanding this correlation can help anticipate potential price movements based on macro trends. It provides a framework for viewing Bitcoin within the broader global financial system. During periods of high liquidity expansion, it can signal potential upside for the asset. Challenges: When global liquidity tightens (as predicted after the potential 2026 peak), it could pose a significant headwind for Bitcoin. Macro trends can be complex and influenced by numerous unpredictable factors (geopolitics, inflation, etc.). Relying solely on this correlation ignores other important drivers of Bitcoin’s value. Actionable Insights: Monitor reports on global liquidity and central bank policies from major economies (US, Eurozone, China, etc.). Consider how different phases of the liquidity cycle might impact your investment strategy. Diversify your analysis beyond just crypto-specific metrics. Be aware that a potential tightening phase after 2026 could introduce increased volatility or downward pressure. Conclusion: Navigating Bitcoin’s Future Through a Macro Lens The narrative linking Bitcoin’s price to global liquidity and the M2 money supply offers a compelling perspective for understanding its recent performance and potential future trajectory. Insights from experts like Raoul Pal and Michael Howell underscore that macro forces are powerful drivers in the crypto market. While the predicted peak in global liquidity around mid-2026 suggests potential support for asset prices in the near term, the subsequent forecast of a downturn highlights the importance of preparing for different market environments. For anyone invested in or considering Bitcoin , keeping a close eye on these overarching macroeconomic cycles is becoming increasingly crucial for navigating the exciting yet complex world of digital assets. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Ko Ju-chun proposes adding Bitcoin to Taiwan’s reserves to enhance financial resilience. Bitcoin could help Taiwan hedge against economic volatility and complement gold reserves. Ko suggests Taiwan could allocate 5% of its $50B reserves into BTC for diversification. Taiwanese lawmaker Ko Ju-chun has suggested that Bitcoin be included in Taiwan’s official reserves. According to the KMT lawmaker, Bitcoin could protect Taiwan against economic instability and strengthen its financial resilience. Ko believes that Bitcoin can coexist with gold and other currencies, potentially boosting Taiwan’s national security and economy. Ko highlighted the increasing importance of blockchain-based, distributed assets such as Bitcoin. He stated that digital assets could diversify Taiwan’s reserves and curtail dependence on traditional finance systems. Ko cautioned that Taiwan could lag if it fails to address these opportunities quickly. Taiwan Legislator KO, JU-CHUN advocates for Bitcoin as part of a diversified reserve strategy at the National Conference on May 9th. Citing global risks & Bitcoin’s hedge potential, he urges Taiwan to consider it alongside gold & f… The post Is Taiwan Ready for Bitcoin? Ko Ju-chun Proposes a Strategic Reserve Shift appeared first on Coin Edition .
ACCORDING TO CLAIMS: ACCORDING TO THE LATEST VERSION OF THE GENIUS STABLECOIN BILL, REGARDLESS OF WHERE IT IS LOCATED, TETHER WILL BE SUBJECT TO US JURISDICTION.