BTC started a new week with growth. It is currently trading at $88,100. This has inspired many participants in the crypto community to make predictions.
🫥 Former BitMEX CEO is confident that BTC will reach $110,000 before testing $76,500 again. He explains his prediction by stating that the Fed is moving towards increasing the money supply.
Morgan Creek's founder noted that since January 2020, the purchasing power of the dollar has decreased by more than 26%. This may drive investors to seek alternative assets.
📈 Trader Cozy the Caller also believes that investors have reason for optimism. He pointed out that the 1st quarter of 2025 was the worst in BTC's history.
However, history shows that often after 2-3 months of decline, cryptocurrency resumes growth.
🟦Uniswap. According to IntoTheBlock, the net flow of tokens among large holders has increased by more than 3900% over the past seven days. This could push retail traders to take similar actions, potentially leading to a price increase.
🟦PancakeSwap. The active growth of meme coins on the BNB Chain has made PancakeSwap a popular decentralized exchange among traders. According to Santiment, whales acquired 101 million CAKE in the last 24 hours. If large investors continue to accumulate, it could help the token withstand market declines.
🟦Ondo. According to Santiment, whales holding between 10,000 and 100,000 ONDO purchased 1.08 million tokens over the past seven days. This group of investors now holds 60.44 million tokens. If this leads to a broader market accumulation phase for ONDO, the altcoin's price could rise to $0.95.
🪙 The SEC may approve several altcoin ETFs in the second quarter of 2025
The SEC stated that Proof-of-Work tokens do not fall under the definition of securities and, like BTC, should be considered commodities. This creates a strong foundation for launching ETFs on altcoins.
💸 For example, LTC has also been considered the main candidate for approval — now its chances have increased even more.
But it's not just about PoW. The SEC has gradually begun to recognize entire categories of cryptocurrencies as commodities.
🦮 In February, it officially stated that meme coins are not securities. This cleared the way for a possible launch of an ETF on Dogecoin.
Given recent legal victories, such as the dismissal of SEC cases against Ripple and other major players, the altcoin market is preparing for a significant surge.
📣 This was stated by an analyst from AltcoinBuzz, who listed 3 altcoins with the highest level of conviction:
🟦ADA. After a big jump at the end of 2024, the token is still holding up well despite a slight decline. Cardano is also working on integrating Bitcoin into its ecosystem for Cardano DeFi projects.
🟦XRP. The token rose from $0.54 to $3.21 in just 2 months after the US elections. More optimistic news: the SEC is not moving forward with its appeal against Ripple. This more or less concludes a 4-year legal battle.
🟦SUI. The coin has shown impressive resilience and strong growth. Recently, there have been news about a potential ETF for SUI, which may attract significant interest from large investors.
Fully diluted market capitalization (FDV) of XRP has risen to $251 billion. The figure has surpassed Ethereum and is nearly three times larger than that of BNB, Solana, and Cardano.
Meanwhile, the FDV of Sui and HYPE has overtaken XLM, HBAR, and AVAX in terms of FDV.