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.
Renowned crypto VC Kyle Samani raises concerns about the effectiveness of Ethereum’s scaling upgrades, suggesting they might not address fundamental issues. As Ethereum (ETH) approaches a two-month price high, analysts
After days of weak price actions, which later led to a brief consolidation, Bitcoin resurged and broke significantly to $104k today. Following this move, it appears strongly bullish and looks set for a bigger rally. Last week, Bitcoin halted its recovery after facing a slight rejection under $98k. It pulled back briefly and later remained calm during the weekend. That triggered some panic in the market as altcoins bled. Luckily, the $93.5k level stood well and the price slowly climbs back this week. The last 24 hours saw several altcoins through major gains as the price recovers well following a major break above the fundamental but psychological $100k level. Following the breakup, Bitcoin’s recovery has reached a new milestone of $104,145 once again after three months of swing, and as we can see, it looks highly bullish on the daily chart. The upsurge was mainly fueled by increasing demand. However, it has faced a slight rejection, but still looks poised for a bigger recovery. Looking at the daily price actions, Bitcoin’s trading landscape has changed as market sentiment turns positive. A full recovery to the top could set the market up for a huge rally to a new all-time high. As of now, the bulls appear back in control. BTC’s Key Levels To Watch Source: Tradingview Anticipating a surge above the current daily high, the next resistance ahead is $106,457. If Bitcoin surpasses it, the recent all-time high of $109,588 would be the next resistance level to watch. A break-up there should rocket the price to a new high. The broken $97,895 level may provide support in case of a drop. Losing grip above this level could slide us back to $93,500. Other supports are located at $88,765 and $85,800. Key Resistance Levels: $104,145, $106,457, $109,588 Key Support Levels: $97,895, $93,500, $88,765 Spot Price: $102,947 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 !
Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add the token developed by Ripple Labs to its corporate treasury
ARK Invest CEO Cathie Wood says that Bitcoin ( BTC ) remains on track to hit a price target of at least $700,000 within years. In a new interview on CNBC’s Squawk Box, Wood says ARK continues to predict Bitcoin will increase at least 580% of its current value by 2030. “We have always had a 2030 target, the base case in the $700,000 to $750,000 range, the bull case in the $1.5 million range.” Wood says there are three driving factors behind the massive Bitcoin price prediction. “David Puell, our analyst and our on-chain analyst, put that piece out recently, and you can see the building blocks, how much share we expect Bitcoin to either take from gold or grow that store-of-value market, institutions moving in – and they’ve barely moved in, we have a million more coins, roughly, to be minted ever, and institutions have are just testing the waters right now – and then there’s the emerging market use cases as well. So we think we have miles to go.” Wood also says that the US has been in a recession, but that it will soon come to an end after there’s more clarity around President Trump’s tariff negotiations, opening up the door for massive economic growth, in part driven by advances in artificial intelligence (AI). “I just put out a letter talking about the rolling recession we’ve been in for the last three years, since the Fed jacked up rates. We got a negative quarter in the first quarter, and potentially in the second quarter as well. And I think more and more people are getting concerned about an extended recession, and amid all the uncertainty, we actually think we’re at the end of this rolling recession, and that we are moving into a period, after all of this uncertainty, of much greater productivity. And interestingly, if you look at the government sector, we’re seeing unbelievable productivity moves taking place. There’s a video out there between the new head of the FDA (U.S. Food and Drug Administration), and the new head of CDER (Center for Drug Evaluation and Research), and they’re talking about generative AI in reviewing studies, medical trials, that cut work from days to minutes. So there’s a lot of productivity I think evolving in the ecosystem… I think we’re going to see a lot more productivity driven growth, which means inflation is going to be much lower than expected, which is going to be very capital friendly.” Bitcoin is trading for $102,811 at time of writing, up 2.4% in the last 24 hours. 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: DALLE3 The post Ark Invest CEO Cathie Wood Doubles Down on Bitcoin Prediction, Says Base Case Target for BTC Remains $700,000 appeared first on The Daily Hodl .
German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the seizure, which marks the third-largest crypto confiscation in the BKA’s history. The seized crypto includes a mix of assets such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Dash (DASH). The authorities also seized over eight terabytes of data stored on eXch’s German server infrastructure, effectively shutting down the platform. The BKA stated that a large portion of the Bybit exploit’s proceeds was funneled through eXch, making the platform an important player in the network of illicit crypto transactions. eXch’s Role in Crypto Laundering and its Unlawful Operations Launched in 2014, eXch marketed itself as a privacy-centric “swapping” service, offering users the ability to exchange crypto assets across various blockchains without requiring identity verification or adhering to Anti-Money Laundering (AML) regulations. This noncompliance made it a magnet for criminals looking to “wash” stolen funds and conceal their origins through obfuscation tactics such as token hopping, cross-chain bridges, and multiple wallets. According to the BKA’s findings, eXch was used in laundering over €1.75 billion ($1.9 billion) worth of crypto, a large portion of which is suspected to originate from criminal activities. Crypto security analyst ZachXBT, who has previously exposed some of the industry’s largest hacks and laundering operations, confirmed that eXch also played a major role in processing funds from other high-profile incidents. Source: ZachXBT This includes the multisig wallet exploits, FixedFloat exchange-related laundering, the $243 million Genesis creditor heist, and numerous phishing drainers and rug pulls over the past few years. ZachXBT further revealed that eXch ignored repeated warnings, refused to block malicious wallet addresses, and did not comply with freeze orders issued by regulators or intelligence-led investigators. Additionally, according to ZachXBT’s February 22 Telegram post, even the North Korean Lazarus Group allegedly used eXch to launder over 5,000 ETH stolen from the Bybit hack. This detail links eXch to state-sponsored cybercrime, which elevates the geopolitical importance of the investigation. Platform Denial, Sudden Shutdown, and Official Response In April, eXch denied helping launder stolen funds for the Lazarus Group. It said only a small portion of the Bybit hack funds passed through its system. eXch has denied allegations of laundering money for North Korea’s #Lazarus Group following the $1.4 billion hack on @Bybit_Official on February 21. #eXch #Bybit https://t.co/FWTnP5hiJS — Cryptonews.com (@cryptonews) February 24, 2025 Soon after, the platform announced it would shut down by May 1, blaming increasing pressure and signals intelligence targeting its servers. Privacy-focused crypto exchange eXch will shut down on May 1 following scrutiny over alleged ties to North Korea’s Lazarus Group. #bybithack #eXch https://t.co/ZXQCBVbotz — Cryptonews.com (@cryptonews) April 18, 2025 However, eXch’s shutdown didn’t last. On April 27, the suspension notice disappeared, and the site resumed operations. Despite shutdown claims, crypto mixer eXch still launders illicit funds via active API, linked to Bybit hack and CSAM funding, warns @trmlabs . #CryptoCrime #CryptoMixer https://t.co/DQBOEYPnR3 — Cryptonews.com (@cryptonews) May 5, 2025 A report from TRM Labs revealed that eXch never really shut down. While its websites went offline, its backend API stayed active. This allowed users to continue moving funds using eXch’s signature laundering method, which involves mixing funds in pools that hide where the money comes from. TRM found that eXch was still being used by criminal groups, including the Lazarus Group and those linked to child sexual abuse material (CSAM). Over $300,000 connected to CSAM has passed through eXch, with more expected. The system also made it hard to tell which funds were clean or criminal. The post eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack appeared first on Cryptonews .
BlackRock met with the SEC Crypto Task Force on May 9, sought guidance on staking, tokenization, ETF approval standards, and options on ETFs.
The cryptocurrency market has reached unprecedented heights, with Bitcoin surpassing $100,000 and Ethereum achieving substantial gains post-upgrade. This surge reflects growing investor confidence and positive news regarding significant trade agreements,
Web3 ai Breaks the Mold With Real Utility & 1747% ROI as XRP Tracks Key Levels & Aave Announces $50M Move Price forecasts in crypto often shift quickly. Traders are monitoring XRP’s setup for possible movement, and Aave’s buyback has drawn fresh interest. Yet beyond these updates, some are looking at long-term use cases. Projects like Web3 ai offer more than price moves. They focus on tools and features that can shape how people interact with the crypto space. Unlike tokens that depend only on market cycles, Web3 ai’s system uses real-time data, automated strategies, and AI-supported tools. For those searching for the best crypto to invest in now, this approach highlights how function could lead the next wave. XRP Chart Outlook: A Period of Calm Before the Next Move? XRP is holding around $2.10, forming a tight range between $2.05 and $2.23. Current signs, such as a flat MACD and price tracking near the 50-period EMA, point to low activity that may come before a shift in trend. Views differ. Some analysts expect a breakout during July, following past seasonal trends. Others, including Peter Brandt, warn of a possible decline, even suggesting XRP’s market cap could fall sharply if bearish trends continue through 2025. The XRP forecast depends on near-term levels. A move above $2.23 could open targets at $2.35 and $2.48. But if XRP slips below $2.05, it might drop toward $1.93 and $1.84. Aave’s Next Phase: DAO-Led Buyback Shows Confidence Aave has launched a $50 million buyback program, approved with strong support from the community. This move signals confidence from its DAO and reflects a focus on token strength and stability. The goal is to improve both liquidity and long-term utility for the AAVE token. Recent data supports this momentum. Wallet activity has increased, showing growing interest from both retail and larger holders. The staged buyback also helps manage market effects, reducing sharp swings in price. The Aave update points to a larger trend of active governance. With this plan, Aave is reinforcing its treasury strategy and building long-term value through careful management. Web3 ai ($WAI) Offers 12 AI Tools That Do More Than Sit in a Wallet Many tokens offer little beyond holding. In contrast, $WAI focuses on what users can actually do. It powers access to Web3 ai’s full range of 12 AI-supported tools, giving holders something functional from day one. These include automated trading bots that adjust to market shifts, portfolio managers, scam filters, and risk-tracking systems. With $WAI, users go from passive holders to active participants in the Web3 ai ecosystem. The presale is getting momentum as crypto whales pour over $2 million into the project in record time. At its current presale price of $0.000331 in stage 3, and a set launch price of $0.005242, $WAI offers a potential return of up to 1747% for early buyers. But the key point is not just the returns, it’s real-time use. Holders can immediately start using these tools to automate trades, improve portfolio decisions, detect scam risks, and track shifts across multiple blockchains. That is what sets $WAI apart for anyone looking for the best crypto to invest in now. Each token brings access to AI-driven support that works around the clock. Whether it’s improving trade timing, navigating DeFi safely, or reading live market signals, $WAI offers practical tools. Instead of hoping for price spikes, it gives users direct value. This ai crypto presale is not just about early pricing, but about gaining a working advantage from the beginning. Utility Could Be the Real Driver in Crypto’s Next Phase Speculation often drives short-term attention, but long-term results may come from what users can do with their tokens. XRP’s movement depends on price action, and Aave’s buyback shows belief in its future value. But both are still tied to broader market conditions. Web3 ai presents another direction. By offering tools that help users decide, manage risk, and act in real time, it moves away from watching prices and toward using data. This kind of real-world function may be what defines the next standout. For those seeking the best crypto to invest in now, tokens like $WAI, built around active use, could offer a more stable approach in a space known for fast changes. Join Web3 ai Now: Website: http://web3ai.com/ Telegram: https://t.me/Web3Ai_Token X: https://x.com/Web3Ai_Token Instagram: https://www.instagram.com/web3ai_token Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Why a crypto VC believes that Ethereum's scaling efforts won't solve its problems.