Ethereum surged nearly 20%, fueling a broader altcoin rally. Technical indicators show strength, yet new altcoin season debate persists. Continue Reading: Ethereum Boosts Altcoin Surge with Significant Rally The post Ethereum Boosts Altcoin Surge with Significant Rally appeared first on COINTURK NEWS .
The world of cryptocurrency is rarely short on strong opinions, and BitMEX co-founder Arthur Hayes is known for delivering them with impact. In a recent post on X (formerly Twitter), Hayes didn’t mince words, leveling sharp criticism at projects he deems to be lacking fundamental value – specifically, those without clients or revenue. His blunt assessment labels such digital assets as nothing more than “shitcoins,” a term that immediately grabs attention and sparks debate within the community. Hayes’ commentary comes at a time he describes as a “fundamental season” in the crypto market. This suggests a shift in focus, moving away from pure hype and speculation towards evaluating the underlying viability and economic models of crypto ventures. He didn’t just criticize; he also offered a potential path forward for these projects: providing value back to holders through mechanisms like token buybacks and burns. What Did Arthur Hayes Crypto Criticism Mean? Arthur Hayes, a figure whose pronouncements often move markets or at least spark significant discussion, laid bare his frustration with a segment of the crypto landscape. His core argument is simple yet profound: if a project has no users generating value or a business model bringing in revenue, what is the basis for its token’s value? He views the lack of these fundamental elements as a sign of a project’s inherent weakness, labeling them pejoratively as “shitcoins.” This isn’t just abstract theory. In traditional finance, companies are ultimately valued based on their ability to generate profits and provide returns to shareholders. While crypto tokens operate differently, Hayes seems to be applying a similar lens, arguing that utility and economic activity should underpin value, not just speculative interest or inflated promises. His call for buybacks and burns from these projects is a mechanism borrowed from traditional markets, where companies buy back their own shares (reducing supply) or burn tokens (permanently removing them from circulation) to potentially increase the value of remaining shares/tokens. Hayes suggests this could be a way for projects with large treasuries (perhaps accumulated during bull runs) to return value to their communities in the absence of organic revenue generation. Understanding the “Shitcoin Definition” According to Hayes While the term “shitcoin” is often used loosely in crypto circles to describe any token perceived as low quality or a scam, Hayes’ usage provides a specific criterion: the lack of clients or revenue. This offers a more defined, albeit harsh, perspective. Based on his view, a project might fall into this category if: It relies solely on speculation and marketing hype. It has no functional product or service generating fees. Its tokenomics don’t capture value from any underlying economic activity. Its primary use case is merely governance without any associated revenue stream for the protocol or token holders. This definition challenges many projects, particularly those that gained prominence purely as meme coins or those whose utility is theoretical or yet-to-be-implemented. Hayes implies that without a clear path to generating and distributing value, these projects are fundamentally flawed. Why is This Happening Now? The “Fundamental Season” and Crypto Market Analysis Hayes’ timing in calling this a “fundamental season” is crucial. After periods of intense speculation and rapid price increases (often referred to as bull markets), the market tends to cool down. During these phases, investor sentiment can shift from chasing quick gains to evaluating the long-term viability and true value of crypto assets. This scrutiny puts pressure on projects that lack substance. A “fundamental season” implies: Increased focus on a project’s technology, team, tokenomics, and real-world adoption. Less tolerance for vaporware or projects with unclear business models. A potential divergence in performance between projects with strong fundamentals and those without. Investors and analysts digging deeper than just price charts and social media trends. This phase of the crypto market analysis encourages a more mature and critical approach to investment, potentially weeding out projects that thrived purely on hype during less discerning times. The Mechanics: Crypto Buybacks Burns Explained Hayes’ suggestion for buybacks and burns requires understanding these mechanisms in the crypto context: Token Buyback: A project uses funds from its treasury (often accumulated through initial token sales or past activities) to purchase its own tokens from the open market. This creates buying pressure and reduces the circulating supply of the token available to the public. Token Burn: Tokens are sent to a wallet address with an unspendable private key, effectively removing them from circulation permanently. This directly reduces the total supply of the token. Both actions aim to make the remaining tokens scarcer, which, assuming constant or increasing demand, can lead to an increase in the token’s price. Hayes sees this as a way for projects sitting on large treasuries but lacking revenue to still provide some form of value accrual to their holders, essentially returning capital in the absence of profits. Benefits of Buybacks/Burns (When Applicable): Supply Reduction: Directly increases scarcity. Potential Price Support: Buy pressure from the project can prop up the price. Signal of Confidence: Can indicate the team believes the token is undervalued. Value Accrual: Provides a mechanism for holders to benefit without relying on dividends or protocol revenue. Challenges and Criticisms: Sustainability: Requires a large treasury; not a long-term solution without revenue. Doesn’t Solve Core Issue: Doesn’t address the fundamental problem of lacking utility or adoption. Transparency: Can be opaque regarding funding sources and execution. Perception: Can be seen as a short-term price manipulation tactic rather than genuine value creation. Crucially, Hayes is calling for *revenue-less* projects to do this, highlighting the challenge: where will the funds for sustainable buybacks come from if there’s no ongoing revenue stream? This underscores his main point – these projects lack a viable economic engine. The Problem of Revenue-less Crypto Projects Hayes’ critique shines a spotlight on a significant challenge within the crypto ecosystem. Many projects launch with grand visions but fail to implement a model where the protocol or associated services generate income. Their tokens might serve governance functions, grant access to features, or represent ownership, but they don’t necessarily capture value in a way that translates into revenue distributed to holders or used for sustainable growth. Examples often include: Pure governance tokens for protocols that don’t charge fees. Utility tokens for platforms that haven’t achieved significant user adoption. Meme coins created purely for social momentum and speculation. These projects rely heavily on network effects, community enthusiasm, and the hope of future development leading to value creation. However, without a concrete economic model, their tokens’ value remains speculative, vulnerable to market sentiment shifts, and ultimately dependent on external capital inflows rather than internal value generation. Actionable Insights for Navigating the Market Arthur Hayes’ strong words offer valuable lessons for anyone involved in the crypto space, particularly investors: Look Beyond Hype: Don’t invest based solely on marketing, social media trends, or celebrity endorsements. Dig into the project’s whitepaper and documentation. Evaluate the Business Model: Does the project have a clear way to generate revenue or capture value? How does the token fit into this economic model? Does the protocol charge fees? Are there sustainable incentives? Assess Utility and Adoption: Is the project’s product or service actually being used? Are there real clients or users? High user numbers and transaction volume are positive signs. Understand Tokenomics: How are tokens distributed? What is the inflation schedule? How do buybacks/burns (if any) work, and are they sustainable? Does the token accrue value from the protocol’s activity? Be Wary of Large Treasuries Without a Plan: A large treasury is only valuable if used effectively. If a project has funds but no revenue and no clear plan for using the treasury to build sustainable value, it’s a red flag. Hayes’ call for buybacks is a reaction to this specific situation. In a “fundamental season,” the market is likely to reward projects that demonstrate real-world use, generate revenue, and have sustainable tokenomics, while punishing those that don’t. Hayes’ comments serve as a stark reminder of this potential shift. Conclusion: The Call for Fundamentals Resonates Arthur Hayes’ recent criticism of revenue-less crypto projects as “shitcoins” is a potent wake-up call for the industry. His view highlights the potential fragility of projects built purely on speculation without a solid economic foundation or real user base. By calling for buybacks and burns, he points to a potential, albeit temporary, mechanism for such projects to return value, while simultaneously underscoring their lack of a sustainable, revenue-generating model. His assertion that we are in a “fundamental season” suggests a maturing market that is beginning to demand substance over hype. For investors, this means shifting focus from price charts alone to conducting thorough crypto market analysis, scrutinizing project fundamentals, and understanding how value is genuinely created and captured within a crypto ecosystem. Projects that cannot adapt and build real utility and revenue streams may find it increasingly difficult to survive and thrive in this evolving landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping crypto projects’ future viability.
CryptoQuant CEO Ki Young Ju says he was wrong about the Bitcoin bull cycle being “over” after BTC recently surpassed the $100k mark. He believes that the market is currently in a transitional phase. In a recent post , CryptoQuant founder and CEO Ki Young Ju apologized to his followers for making an incorrect prediction regarding the end of Bitcoin ( BTC ) bull cycle earlier in March 2025. This was proven by the apparent comeback BTC made when it returned to the $100k mark on May 8, shortly after President Trump announced a new trade deal with the U.K. “I apologize for the incorrect prediction. I will strive to provide higher-quality analyses in the future. Thank you,” said Ju. He concluded that the BTC market no longer relies on the traditional whale and retail-dominated model, instead it is diversified by the presence of ETFs and other institutional players. “The Bitcoin market has become much more diverse. ETFs, MicroStrategy (MSTR), institutional investors, and even government agencies are considering buying and selling Bitcoin,” said Ju in his post. As a result, the CryptoQuant CEO stated that it may be time to throw out the practice of only using “profit-taking cycles” to measure market sentiment. These cycles are demonstrated by whales cashing out during peak price periods, which usually triggers a domino effect of sell-offs that eventually lead to a price drop. “Now, instead of worrying about old whales selling, it’s more important to focus on how much new liquidity is coming from institutions and ETFs since this new influx can outweigh even strong whale sell-offs,” continued Ju. Price chart for Bitcoin in the past few days, May 9, 2025 | Source: crypto.news You might also like: Steak ‘N Shake to accept Bitcoin payments this month At press time, BTC has gone up by more than 3% in the past 24 hours. It is currently trading hands at $102,773. This is the first time BTC has surpassed the $100,000 threshold since February this year. However, its daily trading volume has dipped by over 30% to $51 billion. Although Ju believes that the indicators of a bearish or a bullish market are changing, he still maintains the significance of analysing on-chain data to determine the direction of the market, as he has done in previous market analyses. Overall, Ju stated the market is currently in a transitional period, where it is neither bullish nor bearish at the moment. This is because he observed that the market is still slow in absorbing new liquidity. “Of course, the recent price action is extremely bullish, but I’m talking about the profit-taking cycle,” clarified Ju. Back in March, Ki Young Ju predicted that in the next six to 12 months, Bitcoin will see “bearish or sideways price action.” To support his point, Ju shared a historical chart, which highlighted BTC’s profit and loss index cyclical signals dating back from 2014 until the present day. Shortly after, Bitcoin had continued to descend until it dipped below $75,000 after Trump announced his Liberation Day blanket tariffs. Read more: CryptoQuant CEO: Bitcoin’s bull cycle is over, prices could fall lower due to whale action
Ethereum’s Pectra upgrade recently went live without a hitch, and it has seemingly served as rocket fuel for ETH’s price. The world’s second-biggest crypto is up over 20% and surged above $2,400 – marking the biggest gain since 2021 as traders reacted positively to the protocol’s ambitious network upgrade. Ether Price Finally Breaking Out While the likes of Bitcoin and Solana have smashed new record highs this year, ETH has been languishing below its current lifetime peak of $4,878 set in November 2021. But today, Ether is finally showing signs of catching up. The asset is up 20.2% as of press time, changing hands at $2,338.93 after hitting a local high of $2,448 earlier today, according to data from CoinGecko. ETH’s double-digit jump represents its biggest single-day gain since May 2021. The upsurge follows the successful roll-out of the Pectra upgrade , the Ethereum network’s most significant overhaul since the Merge event in September 2022. “ETH is finally catching up after lagging behind $BTC for most of the year,” Min Jung, research analyst of Presto Research, observed. The recent Pectra upgrade, according to Jung, has “helped restore some confidence, and with ETH/BTC down nearly 40% year-to-date at 0.02, it’s not surprising to see buyers stepping in at these levels.” Pectra introduces huge changes to the network, setting the stage for its shift to focus on scaling and enhancing how the network operates across its expanding ecosystem. Specifically, the upgrade consolidates validator operations by increasing the staking limit from 32 to 2,048 ETH and consists of 11 separate Ethereum Improvement Proposals (EIPs). Looking ahead, the Fusaka hard fork, slated for late 2025, could further boost ETH’s upside potential. Meanwhile, Ethereum creator Vitalik Buterin is betting that speeding up the Ethereum blockchain and making its infrastructure as simple as Bitcoin in the next five years could propel adoption. ETH Bulls Target $3,500 Ether’s recent rally coincides with Bitcoin spiking 3% over the same timeframe, to retake the $103,000 price level amid renewed trade talks scheduled to happen in Switzerland between U.S. Treasury Secretary Scott Bessent and Chinese officials. Moreover, President Donald Trump signed a trade deal with UK Prime Minister Keir Starmer on May 8, signaling that global trade war tensions may be starting to ease. As ZyCrypto reported earlier, British multinational bank Standard Chartered said in a recent report that its Q2 target of $120,000 BTC might be “too low.” As for Ether, widely-followed crypto analyst Crypto Claws said in a recent post on the X social media platform that the ETH/USD pair was “primed for a bullish reversal.” The analyst has set the upside target for the asset between $2,500 and $3,500. $ETHUSD 1D chart looking primed for a massive bullish reversal! Potential short-term dip to $1450, but that's just fuel for the next leg up. Targets: $2500, then $3500! Get ready for a significant price surge! #Ethereum #Bullrun2025 #Crypto pic.twitter.com/MXLBOIRmYF — Crypto Claws (@cryptoclaws_) May 7, 2025
The post Bitcoin Tops $100K Again! Changpeng “CZ” Zhao Urges Traders to ‘Stay Calm and Hold’ appeared first on Coinpedia Fintech News Bitcoin is back in beast mode. After weeks of sharp price swings, the world’s largest cryptocurrency has pushed past the $100,000 mark, trading at around #103,755 at the time of writing. This bullish move has sparked a wave of excitement across the crypto space, flipping last month’s fear and doubt into fresh optimism. Just weeks ago, Bitcoin had dipped below $80,000, triggering widespread concern. Now, with momentum building again, Binance co-founder Changpeng “CZ” Zhao has stepped in with a timely reminder: Bitcoin isn’t complicated – if you just follow one golden rule. CZ’s Simple Rule for Success: Don’t Panic Sell In a recent post on X, CZ summed it up clearly: “Bitcoin is easy… just don’t panic sell.” His message is aimed at those shaken by market volatility – the ones who sell too soon and miss out on gains. CZ believes the key to long-term success is staying calm during downturns and holding your position through waves of fear, uncertainty, and doubt. He pointed out that panic selling usually guarantees losses, while those who hold through dips often come out ahead. And he walks the talk. When Bitcoin slid from its all-time high of $109,300 in January down to $74,000 last month, CZ didn’t flinch. Instead, he encouraged investors to buy the dip and look at the long-term picture. Now that Bitcoin’s market cap is back above $2 trillion, that advice seems more relevant than ever. Why Panic Selling Strikes: Decoding Investor Fears CZ dove deeper into why many investors panic. According to him, it comes down to one thing – lack of understanding. People often buy into Bitcoin based on hype or influencer tips, without knowing much about the technology or financial logic behind it. So when the price drops, they have no real conviction to hold on. Instead, they sell in fear, often at a loss. This is a common trap, especially during sharp pullbacks. For example, a recent 8% correction triggered a wave of sell-offs as newer traders misread normal market behavior and assumed the worst. To avoid this, CZ recommends doing your own research. Study the fundamentals of blockchain, learn about Bitcoin’s limited supply, and understand past market cycles. Building knowledge creates confidence and that makes it easier to hold through the rough patches. Is $100K Just the Beginning? CZ Thinks So CZ has long predicted that Bitcoin could eventually hit between $500,000 and $1 million in this bull cycle. While that might sound bold, the current market momentum, combined with Bitcoin’s fixed supply of 21 million coins and growing interest from institutions, could support that kind of explosive growth. His message to investors is clear: stay patient, use volatility as opportunity, and focus on the bigger picture instead of short-term noise. Don’t let fear decide your strategy. HODLing through the storm might just be the smartest move you make.
PEPE price rose nearly 45%, recording 368% jump in trading volume
MAGACOINFINANCE has moved far past speculation. With $7.8 million raised and growing investor participation, the question isn’t whether this token has momentum — it’s how far this momentum can go before it breaks into the mainstream. This isn’t the end of a presale. It’s the beginning of a larger phase — one marked by acceleration, visibility, and a stronger case for early-stage participation. While many projects fade after a few rounds, MAGACOINFINANCE is entering its most important stretch. Momentum Is Building — And The Structure Is Working SMART MONEY IS LOADING UP – ACT NOW As each new stage opens, demand increases. The scarcity is intentional — and it’s reinforcing the sense among buyers that this isn’t just another temporary run. Referral-based growth continues fueling virality. Meanwhile, the absence of centralized exchange listings preserves the pricing window that gives early participants a meaningful advantage. The presale isn’t stalling — it’s expanding. The community is scaling, and daily traffic is rising. Smart investors aren’t chasing hype. They’re positioning before the spotlight. The $0.007 Target Is a Signal — Not a Ceiling The projected listing target of $0.007 is based on the current trajectory, and the upside from here is substantial. With the current price under $0.001 , the base ROI stands at 36x , and when paired with the MAGA50X bonus code , the potential return climbs to 3,745% . This isn’t guesswork — it’s modeled growth. And the most compelling comparison comes from history: Coins that launched from similar structures have delivered 18,500%+ gains in prior cycles. That precedent is exactly why momentum continues to build around MAGACOINFINANCE. It checks the boxes — strong branding, political narrative alignment, exclusive access, and time-sensitive opportunity. Stage 7, 8, and 9 Still Represent Strategic Entry CLICK HERE – $0.007 LISTING COMING FAST It’s easy to think the opportunity is behind you once a project raises millions — but with MAGACOINFINANCE, the real acceleration may still be ahead. The presale design creates pressure with each stage, but the investor base is still forming, and exchange visibility hasn’t even begun. Those who enter during Stage 7, 8, or 9 aren’t chasing hype — they’re capturing positioning before the major catalysts hit. Timing matters. And right now, the window is wide open . To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $7.8 Million Raised — What’s Ahead for MAGACOINFINANCE as Investors Eye the $0.007 Target?
G7 world leaders will gather in Alberta, Canada this June with a new type of threat in mind — North Korea’s increasing role in cryptocurrency heists and cyberattacks. Though wars in Gaza and Ukraine will dominate much attention, the North Korean hackers’ issue is likely to raise serious debate behind closed doors. The group of countries is going to unveil stricter global measures against the increasing danger, the individuals involved in the planning disclosed. These can involve additional cybersecurity steps, stricter limits on crypto assets related to North Korea, and harsher sanctions on platforms assisting in the laundering of stolen funds. North Korea’s Hackers Back In The Spotlight North Korea-related cyberattacks have proliferated in the last two years. In 2024 alone, hackers associated with the regime carried out 47 significant crypto heists, as per blockchain data company Chainalysis. Those assaults raked in over $1 billion. Last year, they had made off with $661 million — so their take more than doubled. Among the biggest attacks was the one that occurred in February 2025. Hackers withdrew approximately $1.5 billion from Dubai-based crypto exchange Bybit. The group behind the theft was eventually revealed by the FBI to be Lazarus Group , the same group linked to North Korea that broke into Sony Pictures in 2014. The funds were rapidly converted into Bitcoin and dispersed over thousands of cryptocurrency wallets to make it more difficult to track. Cyber Plunder Spreading To Missile And Nuke Initiatives Experts and government officials have stated that funds pilfered during these raids are not utilized for high-end consumer spending or offshore bank accounts. Rather, they are purportedly funneled directly into North Korea’s defense initiatives. That includes programs associated with missile technology and nuclear weapons — spheres under intense global sanctions. Cryptocurrency has provided Pyongyang with an end-run around those sanctions. The isolated state can now secretly finance its weapons programs without using conventional banking. Western powers have sounded warnings about this increasing threat, and the G7 wishes to give a clear indication that these actions will no longer be accepted. North Korean IT Workers In Global Tech Jobs The hacking isn’t the biggest issue. North Korea has also created a worldwide corps of freelance cyber workers. It’s common for them to live in nations such as China or Russia and list themselves for distant work under an assumed name. In one recent instance, one North Korean was able to breach the hiring process at a crypto firm, applying repeatedly under different names. The US Department of Justice stated that these employees use phony resumes, burner email accounts, and even unsuspecting American middlemen to get past background checks. Featured image from Shutterstock, chart from TradingView
First Neiro on Ethereum surges 50% in 24 hours hitting amid whale accumulation.
After its launch experts predict the price of Mutuum Finance (MUTM) to rise at least 6630% toward $1.90. XRP currently trades at $2.20, yet experts predict it could exceed $3.87 and further climb to $5 during 2025. The cryptocurrency market sees a rising competitor named Mutuum Finance (MUTM) take the stage. During its pre-launch sale, Mutuum Finance (MUTM) has drawn $7.9 million from 9,600 token buyers who have purchased 450 million tokens. The upcoming DeFi project shows the potential to increase by 6630% after launch which exceeds every projected XRP value increase. Ripple (XRP) Poised for Gains Ripple (XRP) currently experiences an accelerating wave of investor confidence. A recent market research study shows the token is recognized by 67% of U.S. investors who rank it as their sixth preferred cryptocurrency. Mutuum Finance (MUTM) on the other hand attracts investors through its functional decentralize finance (DeFi) system. XRP approaches an important marker as it breaks out of its descending trendline based on technical assessment. The price of XRP may jump to $3.87 if it clears $2.58 and may reach $5 by 2025 according to expert projections. XRP requires more new traders to join its network since Ethereum and Solana attract higher levels of trader adoption. Investors now consider Mutuum Finance (MUTM) as a better option because it provides more transparent profit possibilities after recognizing this tethered potential. Mutuum Finance (MUTM) Presale Ignites Mutuum Finance (MUTM) attracts presale investors to purchase tokens for $0.025 during its phase 4 because 65% of tokens have already gotten commitments. Investors have purchased $7.9 million worth of assets because of the intense demand growing in the market. This has effectively made Mutuum Finance (MUTM) presale one of the rapidly increasing ICOs ever. The upcoming Phase 5 will raise the price to $0.03 while current investors stand to earn 20% instant profit. Phase 4 MUTM buyers will experience a 140% return after token values reach $0.06 at launch. MUTM tokens are anticipated to achieve $1.90 within the market while maintaining a benchmarked growth of 6,630% from their beginning value. The team recently introduced a dashboard display that shows the leading fifty token holders along with bonus token rewards for maintaining their positions to generate additional excitement. DeFi Innovation Drives Demand Mutuum Finance (MUTM) attracts users because of its user-friendly decentralized finance (DeFi) applications. Investors are becoming more and more urgent due to phase 4’s accelerating depletion which decreases the time window to purchase tokens at $0.025. XRP meets adoption difficulties as its adoption continues to struggle alongside the well-defined growth roadmap of Mutuum Finance (MUTM). The project team has initiated a Certik audit of smart contracts which will become public knowledge through social media channels once finished. Investors believe that MUTM tokens must be purchased in phase 4 since this limited-time acquisition window will soon end. Seizing Tomorrow’s Wealth The price of Ripple (XRP) might reach up to $5 by 2025 while Mutuum Finance (MUTM) demonstrates more potential through its predicted increase of 6,630% to $1.90. Phase 4 of its presale period stands with 65% of tokens distributed which gives investors limited time to obtain significant returns. The adoption of XRP faces hurdles while MUTM offers functional utility through its structured expansion model. Investors who want substantial returns need to drop their money into Mutuum Finance (MUTM) immediately because the network already holds 9,600 stakeholders waiting for its upcoming growth. Join the new phase before phase 5 starts. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post XRP Price Gearing Up For Rally To $5, But Mutuum Finance (MUTM) Is Set To Soar 6,630% appeared first on Times Tabloid .