Analysis Company CEO Publishes List of 19 Altcoins Showing Strong Accumulation Signal
Joao Wedson, CEO of cryptocurrency analysis company Alphractal, made remarkable evaluations about the altcoin market in his statement.
Wedson stated that there was a significant outflow of tokens from the Binance exchange, and that this was a strong accumulation signal.
“Altcoins are exiting Binance heavily, a clear sign of accumulation. Many people are talking about the long-awaited altcoin season. An interesting way to identify potential altcoins is to follow the “Binance Net Flow Chart”. This indicator shows the balance of tokens entering and exiting Binance. On the map, green represents entries, and red represents exits,” Wedson said in his statement.
He said that the altcoins that are currently the most exited from Binance, that is, the most accumulated, are ENJ, SLP, FET, AMP, ETH, CRV, BNT, 1INCH, GHST, GTC, YGG, LINK, ANKR, ALICE, MKR, SNX, ZRX, DODO and OGN.
Bitcoin is Stuck Between Two Critical Points: Here Are the Key Areas That Will Determine Its Fate
Cryptocurrency analysis firm MakroVision has shared its latest technical assessment of Bitcoin.
The company, which had made an upward forecast in its reports dated April 23, stated that the price's progress towards the $ 105,000 level was exactly in line with its analysis.
Bitcoin is currently facing strong resistance at around $105,000, and a sustained breakout of this area could open up new momentum for the rally, according to MakroVision.
In the short term, the $102,000 level stands out as an important support level. Below this level, the next support is located in the areas indicated by the orange lines on the charts.
MakroVision analysts argued that Bitcoin continues to move in line with their analysis and stated that the current technical outlook remains strong. The company believes that the rally can continue if previous peaks are overcome, while short-term corrections are positive for market health.
Technical analysis chart shared by MakroVision. At the time of writing, BTC is trading at $103,600.
Billionaire Mike Novogratz Shares New Price Prediction for Bitcoin: “The Next Move Is Here, Then It’s Price Discovery”
Galaxy Digital CEO and founder Michael Novogratz announced today that his company has gone public via a direct listing on Nasdaq under the ticker symbol “GLX.”
Novogratz, who was a guest on CNBC's Squawk Box program, shared not only the company's growth strategies, but also his remarkable predictions about the future of cryptocurrency markets.
Novogratz, one of the pioneers of cryptocurrency markets, stated that gold is a $22 trillion asset class, reminding that Bitcoin currently has a size of only $2 trillion. “It's a matter of time before Bitcoin makes its next move towards $130,000 to $150,000. At that point, we enter a period of price discovery,” said Novogratz, arguing that Bitcoin has a valuation potential that could approach gold in the long term.
Stating that Galaxy Digital initially set out with the goal of becoming the “Goldman Sachs of crypto,” Novogratz stated that the company now has two main areas of activity: crypto services and artificial intelligence data centers. Stating that they are an important company in the AI infrastructure field with their large-scale data center called Helios in Texas, Novogratz announced that they have signed agreements with CoreWeave in this field that will last 15 years and reach approximately $14 billion in rental income.
Novogratz, who also evaluated the political approach to crypto in the US, said that the Trump administration was positive towards crypto, whereas the Biden era was “torture in terms of crypto.” Arguing that crypto laws should progress with bipartisan support, Novogratz stated that the Trump family’s interest in crypto was remarkable, but that this interest should not pose an obstacle unless it has an illegal dimension.
BREAKING: Elon Musk Does It Again – Sends Price of Unknown Altcoin Soaring
Elon Musk, the richest man in the world, who is widely talked about for the price movements he caused in the cryptocurrency market, responded to a tweet on X (formerly Twitter) that mentioned a memecoin named Apu Apustaja (APU) with a laughing emoji.
Following Elon Musk’s tweet, APU saw a 25% spike in price. With a market cap of just $2 million, the altcoin is not listed on major cryptocurrency exchanges like Coinbase and Binance.
Chart showing the rise in APU price. However, it should not be forgotten that the altcoins whose prices were pumped by Elon Musk experienced sudden declines after a while.
Dogwifhat Price Forecast: WIF Faces Critical Resistance Around $1, Is $2 Possible This Month?
Dogwifhat (WIF) has once again climbed to the top of the meme coin leaderboard after gaining 182.5% in the past month.
Solana meme coins have been favored during what seems to be the beginning of a new bullish cycle and WIF has emerged as one of the biggest winners.
A short squeeze could be the main cause for this significant uptick as the market was too heavily one-sided by the end of April.
Meme coins like WIF and Pudgy Penguins (PENGU), whose price has nearly tripled in the past 30 days, were the primary targets of short sellers this year.
As prices climbed, thousands of short orders were blown up in the process, triggering some frantic buying pressure on the most heavily sold tokens like WIF.
Dogwifhat Price Forecast: WIF Sees Significant Selling Pressure at $1.325
WIF has gone up by 1.4% in the past 24 hours and trading volumes currently sit at $523 million, accounting for nearly half of the token’s circulating supply.
Looking at the hourly chart, we can see that the Dogwifhat price topped at and was heavily sold once it got to $1.325. Since then, the price has been making a series of lower highs, indicating the beginning of a downtrend.
WIF has not decisively broken its bullish structure as it has been jumping up and down its second highest high at around $1.13.
Meanwhile, the price action bounced off the $1 level during the Asian session today and may have pulled a bear trap. This is a bullish indication that could result in significant gains in the near term for WIF.
Trading volumes were high as the price touched the 200-hour exponential moving average (EMA), making this the key support to watch down the road if the price pulls back again.
WIF has broken its trend line resistance but still needs to climb above $1.15 at least to confirm a bullish outlook. If it does, the price could retest its local high of $1.35 and could move higher if it breaks out above it. $WIF #altcoinseason2025
Bitcoin Exchange Binance Announced That It Added the Altcoin, Which It Listed in Spot Trading Yesterday, to Many Services Today, Including Futures!
Binance has announced that Nexpace (NXPC), the native token of MapleStory Universe’s Henesys L1 mainnet, will be integrated into multiple services on its platform, including Simple Earn, Buy Crypto, Convert, and Margin.
Binance Expands Nexpace (NXPC) Support for Earn, Buy Crypto, Convert and Margin Products This expansion marks a significant step forward in Binance’s support for NXPC, offering users greater flexibility in how they earn, trade, and use the token.
Simple Earn Integration NXPC will be available on Binance Simple Earn as a flexible product starting May 15 at 10:30 AM, allowing users to subscribe and earn daily rewards while still having access to their funds.
Within an hour of NXPC being listed on Binance Spot, users will be able to purchase the token using payment methods such as VISA, MasterCard, Google Pay, Apple Pay, and Revolut, or directly using their fiat balance via the “Buy Crypto” page.
Zero Fee Conversion NXPC will also be available on Binance Convert, allowing users to exchange NXPC for BTC, USDT, and other supported cryptocurrencies with zero fees.
Margin Trading Launch NXPC will become a borrowable asset on Binance Margin, with trading support for NXPC/USDT and NXPC/USDC pairs on both Cross and Isolated Margin, starting May 15 at 10:50 AM.
This multi-product offering follows recent momentum for NXPC, the utility token of Henesys L1, a blockchain infrastructure that powers MapleStory Universe, a virtual world built by game developer NEXON. The project uses Avalanche C-Chain for its multi-chain architecture.
With the latest integrations, Binance aims to provide users with greater access and liquidity for NXPC as interest in blockchain-based gaming and Web3 ecosystems grows. *This is not investment advice.
Major Move in Ethereum: Developers Take Action Following Criticism....
The Ethereum Foundation has launched a new initiative with the aim of making the Ethereum blockchain secure for multi-trillion dollar financial infrastructures globally.
This initiative, called “Trillion Dollar Security” (1TS), offers a three-phase plan to increase the resilience of the network. The Ethereum network, which currently holds more than $63 billion in value, must be prepared for broader economic integration, according to the Foundation. The goal is not only to be the most secure platform in the crypto ecosystem, but also to provide a civilization-scale infrastructure that can safely carry the internet and the global economy. The ETH Foundation made the following statement in a blog post published today: “Being the most secure platform in the cryptocurrency ecosystem is not enough. Ethereum’s goal is much bigger: to be the infrastructure that carries the internet and the global economy securely, more secure and reliable than the current financial systems in the world.” The first step of the new initiative will be to comprehensively analyze the current security posture of Ethereum and identify its strengths and weaknesses, then take precautions against high-risk attack sources and encourage the sharing of security practices across the ecosystem. According to the statement, the initiative will be co-chaired by ETH Foundation Protocol Security Lead Fredrik Svantes and Josh Stark from the management team. Three key figures from the ecosystem will also guide the process: SEAL 911 co-founder Samczsun, Sigma Prime co-founder Mehdi Zerouali, and Etherealize co-founder Zach Obront. The move comes after the ETH Foundation and founder Vitalik Buterin recently announced the foundation’s new governance structure, which aims to enable Ethereum, DeFi’s largest network, to reach more users and scale while preserving its cypherpunk values.
Analysis Firm Warns About XRP and DOGE – “Speculative Positions…”
While speculative positions in XRP and Dogecoin (DOGE) futures contracts are increasing rapidly in the cryptocurrency market, the loss of momentum in spot prices is noteworthy.
This situation shows that investors have started to use more leverage to counter the increased volatility appetite and downside risks.
According to data shared by on-chain analytics firm Glassnode, DOGE futures open interest increased by 63.9% in the last week, from $989 million to $1.62 billion. During the same period, the DOGE price gained about 40%, rising above the $0.23 level.
“This divergence shows that speculative positioning continues despite weakening price momentum. This situation should be monitored carefully,” Glassnode said in a statement on social media platform X.
A similar trend is observed on the XRP front. Open interest in XRP futures increased by 41.6% in a week, from $2.42 billion to $3.42 billion. However, the increase in the XRP price was more limited compared to DOGE, rising from $2.14 to $2.6.
Glassnode’s data also shows a remarkable movement in the Bitcoin spot market. Bitcoin’s 7-day moving average spot trading volume increased, reaching $5 billion as of yesterday. This increase represents a “net buying” demand that has only been seen a few times this year. Analysts say this shows that the psychological threshold of $100,000 is supported by real spot buying.
$XRP Altcoin season is the time when other cryptocurrencies like Ethereum, Solana, and others start to grow faster than Bitcoin. This means that people start investing in altcoins instead of Bitcoin. When Bitcoin’s influence in the market decreases and the prices of altcoins start to increase, it is called altcoin season. During this time, more people buy and sell these cryptocoins, which further increases their price. In the past, when Bitcoin went up, altcoins also made big gains after a short while. There are still some similar signs, so many investors think that a good time for altcoins may come soon. But remember, the crypto market is volatile, so it is important to make smart decisions.
#AltcoinSeasonLoading $BTC $ETH $SOL Altcoin season is the time when other cryptocurrencies like Ethereum, Solana, and others start to grow faster than Bitcoin. This means that people start investing in altcoins instead of Bitcoin. When Bitcoin’s influence in the market decreases and the prices of altcoins start to increase, it is called altcoin season. During this time, more people buy and sell these cryptocoins, which further increases their price. In the past, when Bitcoin went up, altcoins also made big gains after a short while. There are still some similar signs, so many investors think that a good time for altcoins may come soon. But remember, the crypto market is volatile, so it is important to make smart decisions.