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XRP Price Forms Inverse Head and Shoulders, Traders Eye Breakout to $2.70
Analyst points out bullish technical formation suggesting XRP move toward $2.70. A pattern emerges as multiple analysts share varied price targets for the XRP coin. Analysis from Egrag Crypto highlights potential for higher targets in the long term. The cryptocurrency market discovered a potential major trend, signaling a price change in XRP, implying that the asset may be preparing to appreciate. Based on his technical analysis, trader Ali stated in his X profile that XRP appears to be forming an inverse head and shoulders pattern, and may move to $2.70. The inverse head and shoulders is a common technical analysis pattern. The pattern is employed to indicate the termination of a downtrend. The pattern consists of three dips, with the middle dip (the head) deeper than the two side dips (the shoulders). A successful breakout above the pattern’s “neckline” often leads to major upward price movement. $XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a bullish breakout toward $2.70. pic.twitter.com/LnhRA0zUqV — Ali (@ali_charts) April 23, 2025 Ali’s target of $2.70 would be a major increase from XRP’s cur… The post XRP Price Forms Inverse Head and Shoulders, Traders Eye Breakout to $2.70 appeared first on Coin Edition .

Coin Edition 2025-04-23 17:45
Preparations for an ETF for a Very Surprising Altcoin Have Begun in the US! Trump Bought a Cryptocurrency Project Last Week!
Following the approval of Bitcoin and Ethereum ETFs, ETF applications were made for many altcoins such as XRP, Solana (SOL) and Litecoin (LTC), while the last move came for Sei (SEI). According to the latest information, cryptocurrency fund manager Canary Capital has registered for the spot SEI ETF in the US state of Delaware. According to its official filing page, Canary Capital has registered an SEI ETF in Delaware, but this does not constitute approval. This type of registration is typically a sign that a fund manager is preparing to file an S-1 registration with the U.S. Securities and Exchange Commission. Recently, US President Donald Trump's cryptocurrency project World Liberty Financial (WLFI) announced that it purchased SEI. *This is not investment advice. Continue Reading: Preparations for an ETF for a Very Surprising Altcoin Have Begun in the US! Trump Bought a Cryptocurrency Project Last Week!

BitcoinSistemi 2025-04-23 17:31
Master Analyst Shares Bitcoin and Ethereum Expectations After Recent Rise! What Are the Key Levels for BTC?
Bitcoin (BTC) and altcoins are finally experiencing the expected recovery after the sharp declines. At this point, BTC rose above $ 93,000, while Ethereum (ETH), which attracted attention with its weak performance, rose above $ 1,800. While significant increases were seen in altcoins, 10X Research founder Markus Thielen explained his BTC and ETH analysis. As Bitcoin continues its rise, Markus Thielen said that the rise will continue but the next important resistance level is in the $94,000 – $95,000 range. What Are The Key Levels In Bitcoin? Markus Thielen noted in his latest report that Bitcoin is turning from a bearish to a bullish trend, with the next significant resistance being between $94,000 and $95,000. Stating that stablecoin inflows have started to increase and fueled the upward momentum in the report, Thielen stated that inflows in US spot Bitcoin ETFs have also increased. “Bitcoin is rising but the $95,000 level acts as a key resistance area and a potential trigger point for short stop liquidations. We expect a break above this level to lead to further upside.” Thielen also added that a falling wedge pattern is evident in Bitcoin, indicating that the price could rise to $98,000 to $99,000. What Awaits Ethereum? According to Binance TR data, Ethereum (ETH) has gained more than 10% in the last 24 hours, regaining $1,800 and recovering from a sharp decline in market dominance, Ethereum has not met expectations with its weak performance for a long time, but 10xResearch founder Markus Thielen stated that he is optimistic about ETH. At this point, the analyst said that ETH is technically oversold and that the upcoming Pectra mainnet upgrade is the main driver of the recent rally. He added that ETH can expect a rally from now on. *This is not investment advice. Continue Reading: Master Analyst Shares Bitcoin and Ethereum Expectations After Recent Rise! What Are the Key Levels for BTC?

BitcoinSistemi 2025-04-23 17:24
Immutable (IMX) Goes Vertical with 45% Spike: What’s Fueling the Rally?
TL;DR IMX exploded by double digits following rumors of a multi-million dollar collaboration that involves Immutable. While some analysts predict a potential 100% pump, IMX’s rising RSI suggests the token may be entering overbought territory, raising the risk of a short-term pullback. The Top Performer IMX – the utility and governance token within the Immutable ecosystem – experienced a substantial rally in the past 24 hours. Its price soared by almost 50%, reaching as high as $0.68 (per CoinGecko’s data), the peak level witnessed so far in April. IMX Price, Source: CoinGecko In the past few hours, the valuation has slightly retraced to $0.64. IMX’s market capitalization surged well above the psychological mark of $1 billion, thus cementing the asset’s spot among the top 100 cryptocurrencies. One likely reason triggering the upswing is the green wave in the entire digital asset industry. As CryptoPotato reported earlier today (April 23), the sector’s market capitalization jumped beyond $3 trillion, whereas bitcoin (BTC) briefly exceeded $94,000. Another factor could be a potential major collaboration that involves Immutable. On April 22, the project’s co-founder Robbie Ferguson said the outcome of a multi-billion dollar partnership “that’s been in the works” for more than two years is about to be disclosed today. Despite not revealing further details, his post created huge excitement across the space . As of this writing, there is no information on the actual partnership. Price Predictions According to some analysts, IMX could rally even more in the short term . The X user World of Charts recently claimed that the price has consolidated within a descending broadening wedge. A successful breakout would result in a 100% pump, he suggested. Crypto Tony also gave their two cents. The popular market observer told his over half a million followers that a flip above $0.69 could be enough for “the floodgates” to “open up again.” Contrary to the bullish forecasts, the Relative Strength Index (RSI) warns about a possible pullback. The momentum oscillator measures the speed and magnitude of recent price changes of a particular cryptocurrency and varies from 0 to 100. Ratios above 70 are typically considered bearish since they indicate the asset has entered overbought territory and could be due for a correction. IMX’s RSI has recently soared to 85, its highest point since late March. The post Immutable (IMX) Goes Vertical with 45% Spike: What’s Fueling the Rally? appeared first on CryptoPotato .

Crypto Potato 2025-04-23 16:58
Bloomberg Analyst Mike McGlone Warns for Bitcoin (BTC) and a Surprise Altcoin! "Collapse is Imminent!"
According to Binance TR data, while Bitcoin (BTC) experienced a rapid recovery above $93,000, altcoins also experienced significant increases. However, Bloomberg analyst Mike McGlone stated that this rise is temporary and will eventually decline. The analyst's bearish forecast included not only Bitcoin but also the largest memecoin, Dogecoin. Comparing the movements of Bitcoin and Dogecoin (DOGE), the analyst stated that both followed almost the same path. McGlone noted that, surprisingly, the movements of BTC and DOGE have been very similar over the past year. The expert argued that although the current situation looks good for Bitcoin and Dogecoin and the trend line holds support, the recession that never comes will eventually come and when the US stock markets fall, the prices will eventually break downward and pull the cryptocurrency market down. McGlone argued that the recession was only postponed, not prevented, and noted that when a recession occurs, risky assets such as Bitcoin and Dogecoin could experience sharp declines. McGlone said that while the recent rally is exciting, he believes it is not a sign of a new bull market, but simply a spike in a long-term bear market. “Is the recent rally a bear market bounce or a new bull? My guess is the former. Bitcoin/gold cross and Dogecoin have the same chart structure. Trendline support is holding, but I expect prices to eventually break out as the US stock market falls due to a recession that is not coming in 2023.” The Bloomberg analyst recently reiterated his view that Bitcoin and other cryptocurrencies have a strong correlation with the stock market and leading indices S&P 500, Nasdaq and Dow Jones. https://twittter.com/mikemcglone11/status/1914977694132879583 *This is not investment advice. Continue Reading: Bloomberg Analyst Mike McGlone Warns for Bitcoin (BTC) and a Surprise Altcoin! "Collapse is Imminent!"

BitcoinSistemi 2025-04-23 16:48
Pi Core Team Takes Bold Action to Support Pi Coin Stability
PCT's impressive purchases aim to stabilize Pi Coin's market value. Experts warn about the temporary nature of these interventions in the long run. Continue Reading: Pi Core Team Takes Bold Action to Support Pi Coin Stability The post Pi Core Team Takes Bold Action to Support Pi Coin Stability appeared first on COINTURK NEWS .

CoinTurk News 2025-04-23 16:41
Crypto Hackers Adopt ‘Drainer-as-a-Service’ Model, Renting Malware for Just $100
Crypto hackers are making it easier than ever to launch digital theft operations, as malicious “drainers” evolve into a service-based business. According to an April 22 report by crypto forensics firm AMLBot, cybercriminals can now rent crypto-stealing malware through a growing “drainer-as-a-service” (DaaS) model, with prices starting as low as $100. AMLBot CEO Slava Demchuk explained that what once required significant technical expertise is now accessible to virtually anyone familiar with basic cybercrime tactics. Online Communities Turn Phishing Novices into Crypto Hackers Aspiring scammers can join online communities where experienced criminals offer tutorials, transforming phishing novices into crypto drainers with ease. Some DaaS groups have become so confident in their operations that they reportedly advertise openly—even setting up booths at industry events. Demchuk highlighted CryptoGrab as one such example, noting that these activities often go unchecked in jurisdictions like Russia, where hacking is rarely prosecuted if it doesn’t target local or post-Soviet citizens. The cybersecurity industry has long been aware of these regional protections. Past reports revealed that many malware strains, including ransomware and information stealers like Typhon Reborn v2, are programmed to deactivate if they detect Russian or post-Soviet system settings. DaaS operations thrive within phishing communities spread across clearnet forums, darknet sites, and Telegram groups. Developers are frequently recruited through job postings in semi-open Telegram chats, often targeting Russian-speaking programmers to create scripts capable of draining Web3 wallets. AMLBot’s investigators uncovered listings for malware targeting platforms like Hedera (HBAR), demonstrating how technical talent is actively sourced in niche online spaces. The rise of drainers has led to significant financial losses. In 2024 alone, Scam Sniffer reported $494 million stolen through such schemes—a 67% increase from the previous year. Earlier today a draining service phished $4.3M from an ALI holder After seeing a message from @realScamSniffer I immediately alerted the core team and investors who helped put together an emergency community vote to burn the stolen tokens after approval from the victim. Happy… pic.twitter.com/0t6DyDopDh — ZachXBT (@zachxbt) March 1, 2024 Cybersecurity firm Kaspersky also noted a sharp rise in darknet forums dedicated to drainer tools, growing from 55 in 2022 to 129 by 2024. While Telegram once served as a haven for cybercriminals due to its strict privacy policies, concerns emerged after reports that the platform began sharing data with authorities. This has driven many bad actors back to the Tor network, where anonymity is easier to maintain. Crypto Lost $1.6 Billion to Hacks in Q1 In the first three months of 2025, the crypto ecosystem lost a whopping $1,635,933,800 across 39 incidents, according to the blockchain security platform Immunefi . The report claimed, “Q1 2025 marks the worst quarter for hacks in the history of the crypto ecosystem.” Most of that was the result of only two hacks of two centralized exchanges. Phemex suffered a $69.1 million loss in January, while Bybit lost $1.46 billion in February. Subsequently, the total number of losses in the first quarter marks a 4.7x increase compared to Q1 2024 . At that time, hackers and fraudsters stole $348,251,217. Notably, experts assume that the infamous North Korean Lazarus Group is behind the two largest attacks. They stole $1.52 billion, or 94% of total losses. The post Crypto Hackers Adopt ‘Drainer-as-a-Service’ Model, Renting Malware for Just $100 appeared first on Cryptonews .

cryptonews 2025-04-23 16:37
$20M in Solana Shorts Wiped Out: SOL Price Surge to $152 Triggers Massive Liquidations
The recent Solana price rise of over 14% to $152 in the past week triggered over $20 million in short liquidations as traders who bet against the token found themselves on the wrong side of a bullish tide. In a dramatic turn of events, the crypto market roared back to life this week as Bitcoin crossed the $93,000 threshold for the first time in seven weeks, triggering massive liquidations that wiped out more than $600 million in leveraged positions. Source: Cryptonews The sudden rally has been attributed to a confluence of factors, including improving macroeconomic signals from Washington, D.C., dovish comments on tariffs, and a sharp reversal in investor sentiment toward risk assets. On April 22, President Trump surprised markets by softening his stance on the ongoing trade war with China, hinting that tariffs on Chinese goods may be substantially reduced, though not fully removed. Treasury Secretary Scott Bessent reinforced this view, calling the current tariffs unsustainable. These policy shifts were perceived as a green light by investors, with both traditional and crypto markets responding with vigor. Bitcoin’s 5% jump to $93,069 was matched by Ethereum’s 12% leap to $1,768 and Solana’s 7% rise to $149, which later extended to $152. The total crypto market capitalization grew by 4% to surpass $3 trillion. Source: TradingView According to Coinglass , liquidations surged by 130%, and open interest climbed to $121.6 billion, signaling renewed confidence and a wave of leveraged bets across the ecosystem. However, the Altcoin Season Index remained at 16, confirming we’re still deep in “Bitcoin Season.” Source: CoinGlass Meanwhile, U.S.-based Bitcoin ETFs recorded their third consecutive day of inflows, peaking at $936 million on April 22, the highest daily total since Trump assumed office earlier this year. Traditional indices joined the party, with the S&P 500, Nasdaq, and Dow Jones rising by more than 2.5% each. Even gold briefly spiked to $3,500. All signs pointed to a risk-on environment, and crypto, true to form, responded swiftly. Solana Defies Gravity Despite FTX Token Unlocks While the entire crypto market soared, the Solana price surge has been particularly perplexing and impressive. On the surface, it should have been weighed down by the recent unlocking of 11 million SOL from the bankrupt FTX estate , worth approximately $1.6 billion. Of the 3.03M $SOL ($431.3M) unstaked by FTX/Alameda today, 24,799 $SOL ($3.38M) has been deposited to #Binance . https://t.co/D4j4l4yNuF https://t.co/uLkjQFwVId pic.twitter.com/ig2Jl2CcXl — Lookonchain (@lookonchain) March 4, 2025 This represented the largest release of tokens from FTX’s holdings since January 2021. Historically, such token releases depress prices due to the sudden increase in circulating supply. Not this time. Market analysts believe the unlock had been fully priced in. According to Matthew Nay , a research analyst at Messari, Solana had been oversold, and the market was bracing for this event for months. Instead of collapsing, SOL became the subject of renewed institutional interest, partly due to upcoming protocol improvements. On-chain movements further bolstered Solana’s case. One notable crypto whale, who began staking when SOL was valued at just $27 in 2021, recently unstaked 100,000 tokens worth $13.9 million and deposited them into Binance. Solana whale bags $153M profit from 4-year staking play as institutional interest shifts toward SOL’s growing ecosystem. #Solana #CryptoWhale https://t.co/AmfO68KeKo — Cryptonews.com (@cryptonews) April 22, 2025 The same wallet, which initially staked nearly a million SOL, now holds about 1.19 million SOL worth over $166 million. This long-term strategy has yielded a staggering $153 million in profits. Such moves reveal strong conviction among early adopters and whales. Earlier this month, four wallets unlocked $37 million worth of staked SOL that had appreciated to $206 million in value. Some $50 million worth was quickly sold, and for a brief window, Solana’s staked value overtook Ethereum’s, rising to $53 billion. While ETH quickly reclaimed the top spot, the flip was a symbolic milestone in the ongoing competition between the two networks. Solana Price Action vs Ethereum Price Action: A Technical and Sentimental Shift Veteran trader Peter Brandt threw fuel on the Solana fire with a tweet highlighting a bullish “cup and handle” pattern forming on the SOLETH trading pair. This C&H is still playing out, by the way. SOL has lots of room to gain on its invalid cousin, $ETH pic.twitter.com/DdguqcNfIl — Peter Brandt (@PeterLBrandt) April 22, 2025 According to Brandt, this classical chart formation signals an impending breakout that could see Solana outperform Ethereum significantly. His price targets suggest that SOL could gain over 100% against ETH, a bold claim backed by technical indicators such as rising trading volume and weighted moving averages.. The broader market appears to agree. On April 21, Cathie Wood’s ARK Invest disclosed its first direct purchase of SOL, marking a significant shift from its prior allocations, which had focused on Ethereum and Bitcoin. Similarly, Galaxy Digital has reportedly begun rotating out of Ethereum and into Solana. According to on-chain data from Lookonchain , the firm recently deposited 65,600 ETH, worth over $106 million, into Binance and withdrew around 752,240 SOL valued at $105 million. It seems that Galaxy Digital is selling $ETH and buying $SOL ! In the past 2 weeks, Galaxy Digital deposited 65,600 $ETH ($105.48M) to #Binance and withdrew 752,240 $SOL ($98.37M) from #Binance . https://t.co/lD8tgkC4Py pic.twitter.com/olcPWNnGq2 — Lookonchain (@lookonchain) April 22, 2025 These funds were later distributed across multiple wallets, indicating a strategic repositioning of the assets. While Ethereum maintains a clear lead in total value locked (TVL) and developer activity, Solana’s recent strides have given it a notable shake-up. With technical momentum, whale conviction, institutional rotation, and bullish sentiment all converging, Solana’s surge past $152 may be near. The post $20M in Solana Shorts Wiped Out: SOL Price Surge to $152 Triggers Massive Liquidations appeared first on Cryptonews .

cryptonews 2025-04-23 16:30
Solana Surges Past $150 on High Volume; Analysts Eye $200 Price Target
Solana forms higher highs and strong support near $144, signaling bullish momentum RSI and MACD suggest further upside as buying pressure continues to build steadily Forecasts project SOL could reach $265–$286 by Dec 2025, an 83.9% potential gain Solana (SOL) has captured market attention following a sharp price rally that lifted the token above $150. Investors are now closely watching whether the cryptocurrency can maintain this upward momentum and push toward the $200 mark in the coming weeks. The recent surge in both price and volume highlights growing confidence in the asset, driven by increased market participation and sustained bullish sentiment. While some short-term resistance remains, signs suggest that Solana could be gearing up for a significant breakout if favorable technical conditions continue. Bullish Trend Confirmed by Price & Volume The current market price of Solana stands at $150.99 , reflecting an 8.11% increase in just one day. This uptrend emerged from a firm support base near $139.67, with price action forming consistent higher highs and lows – a classic bullish indicator. Validating the move, trading volume has surged by o… The post Solana Surges Past $150 on High Volume; Analysts Eye $200 Price Target appeared first on Coin Edition .

Coin Edition 2025-04-23 16:15
Fartcoin Surges as Investors Show Renewed Interest
Fartcoin has surged 107% in value over the past month. Market sentiment shows increasing interest despite volatility risks. Continue Reading: Fartcoin Surges as Investors Show Renewed Interest The post Fartcoin Surges as Investors Show Renewed Interest appeared first on COINTURK NEWS .

CoinTurk News 2025-04-23 16:10
Cardano Set For 1,000% Explosion? Analyst Says ‘Just HODL’
Cardano (ADA) may experience explosive price appreciation in the near future, with some experts projecting more than 1,000% gains, based on recent market movements. The cryptocurrency, which is currently valued at $0.64, may be on the verge of a major breakthrough if current trends continue. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Technical Trends Indicate Hope For ADA After not following through above a symmetrical triangle on Monday, Cardano has now broken above this significant pattern. Initial reports predicted this breakout would trigger a 25% rise to $0.80 in the short term. The token has lagged behind lately, 50% off its 2023 high of $1.327 and 80% below its all-time high of $3.16. Crypto analyst Deezy on X called on ADA investors to stay calm in times of present price volatility. His projection is based on a possible 1,000% spike that would bring the price to a record $7.09. Cardano is on pace for 1000% gains Just be patient and HODL pic.twitter.com/aKp0L7fmNT — Deezy (@deezy_BTC) April 21, 2025 Historical Cycles Back Bullish Prediction Deezy’s forecast is based on Cardano’s past market cycles. From his analysis, ADA has previously reached its high on an uptrend line that has continued since its market introduction. This pattern was replicated in January 2018, when the token reached $1.31 again in August 2021 when it attained a record-breaking high of $3.1. If history were to repeat, one can see trendline resistance sitting at about $7.09, granting a 10-fold reward from current prices for Cardano. Multiple Analysts See Upward Path Meanwhile, market expert Crypto Patel said that Cardano is still alive and kicking and foresees a massive rally to $5. Patel says the setup for such growth is easy but warns that patience will be required. His technical insight depicts ADA trading within an ascending channel, and price action like what fueled its rally to the 2021 all-time high. Patel sets a key support at $0.45 and paints an accumulation period between $0.45 and $0.65 before potentially rallying to three targets at $2, $4, and $6. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Near-Term Forecast More Conservative Long-term prospects are very favorable, yet shorter-term expectations point to modest growth, with current technicals supporting Cardano’s rise by 18% to $0.75 by May 22, 2025. As per the current evaluation, the market sentiment on ADA is considered neutral at 54 on the Fear & Greed Index. In the last 30 days, Cardano had 15 up days (50% of the time), with price volatility remaining at 7.20%. These contrasting projections highlight that such speculation is rampant in crypto markets as analysts are reading different signals from the same price charts. While some look forward to record growth, others see it giving them tiny rewards in the near term. Featured image from Unsplash, chart from TradingView

NewsBTC 2025-04-23 16:00
Mapping Ethereum’s road to $2,000 – What traders should know!
The 1-month liquidation map above showed a high density of liquidation levels in the $1,960-$2,000 region.

AMB Crypto 2025-04-23 16:00

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