Bitcoin is finally back.
After what felt like an eternity of sideways action, the OG crypto has broken through a critical barrier, and suddenly the mood has shifted.
Isn't it funny how quickly sentiment changes? Just weeks ago, analysts were preaching doom and gloom. Now they're tripping over themselves to make the most bullish predictions.
The fear seems to be fading away, replaced by that familiar twitch in traders' fingers – the itch to buy before the next leg up.
So what's causing this renewed optimism? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
Presto's research head predicts Bitcoin hitting $210,000 by end of 2025, citing institutional adoption as the key driver. But can Bitcoin really double in value from here without retail FOMO? 🤔
Crypto ETFs just had their third-largest inflow week ever, absorbing $3.4 billion with Bitcoin ETFs capturing $3.18 billion. What triggered this massive inflow? 📈
A $330 million Bitcoin theft appears to be behind Monero's shocking 50% price surge as the stolen funds were converted into XMR. But why did the hackers choose Monero? 🕵️
The team behind Official Melania Meme token allegedly dumped over $1.5 million worth of their own creation in just three days. Has there been any official statement from the Melania team? 💸
Coinbase announced a Bitcoin Yield Fund launching May 1, promising 4-8% annual returns for institutional investors outside the US. But how are they offering yield on Bitcoin? 💰
