Crypto soothsayer
β½οΈ Tether buys a stake in Juventus! Tether has officially acquired a minority stake in the legendary football club Juventus. The deal's exact size and value remain undisclosed. π°π§ With $13B in 2024 profits, Tether has been diversifying beyond stablecoinsβ¦
β½οΈ Tether now owns 10% of Juventus! πΈ
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports β and Tether clearly isn't just playing defense. ππ₯
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports β and Tether clearly isn't just playing defense. ππ₯
π₯8
Bitcoin's Key Resistance: $96,000 π
Bitcoinβs next big hurdle is at $96,000βthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. π
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! π
π Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
Bitcoinβs next big hurdle is at $96,000βthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. π
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! π
π Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
π8
π Citigroup: Stablecoin Market Could Hit $3.7 Trillion by 2030
In a new report, Citigroup lays out 3 scenarios for the future of stablecoins:
π» Bear case: $0.5T β if regulation stays tight and adoption remains low.
π Base case: $1.6T β with moderate growth in trading and payments.
π Bull case: $3.7T β if stablecoins go mainstream for global payments.
π΅ 90% of all stablecoins are expected to be USD-backed, and issuers could end up holding over $1T in U.S. treasuries, rivaling major global banks.
Main use cases?
β’ Crypto trading
β’ Cross-border payments
β’ Global settlements
β’ Bank liquidity optimization
Looks like stablecoins arenβt so stable... they're growing fast.
In a new report, Citigroup lays out 3 scenarios for the future of stablecoins:
π» Bear case: $0.5T β if regulation stays tight and adoption remains low.
π Base case: $1.6T β with moderate growth in trading and payments.
π Bull case: $3.7T β if stablecoins go mainstream for global payments.
π΅ 90% of all stablecoins are expected to be USD-backed, and issuers could end up holding over $1T in U.S. treasuries, rivaling major global banks.
Main use cases?
β’ Crypto trading
β’ Cross-border payments
β’ Global settlements
β’ Bank liquidity optimization
Looks like stablecoins arenβt so stable... they're growing fast.
1π8
β½οΈ MetaMask Now Lets You Pay Gas Fees with Different Tokens!
π¦ MetaMask has rolled out a new feature allowing users to pay for gas not just with ETH, but also with tokens like USDT, USDC, DAI, wETH, wBTC, wstETH, and wSOL on the Ethereum mainnet.
π§ Make sure you update to the latest extension version v12.16 to use this new option. Gas just got way more flexible! π
π¦ MetaMask has rolled out a new feature allowing users to pay for gas not just with ETH, but also with tokens like USDT, USDC, DAI, wETH, wBTC, wstETH, and wSOL on the Ethereum mainnet.
π§ Make sure you update to the latest extension version v12.16 to use this new option. Gas just got way more flexible! π
β€5π2
π± Swan Reveals Brutal Data for Altcoins
The classic HOLD strategy that made Bitcoiners rich doesn't work for alts. Swan shared how long it took major altcoins to lose 90% of their value against BTC:
βͺοΈQTUM β 17 months
βͺοΈ Polygon (MATIC) β 23 months
βͺοΈ ICP β 24 months
βͺοΈ Cardano (ADA) & XRP β 36 months
βͺοΈ Litecoin (LTC) β 69 months
βͺοΈ Monero (XMR) β 72 months
Researchers say Moneroβs "resilience" is actually just a slower death. π
The classic HOLD strategy that made Bitcoiners rich doesn't work for alts. Swan shared how long it took major altcoins to lose 90% of their value against BTC:
βͺοΈQTUM β 17 months
βͺοΈ Polygon (MATIC) β 23 months
βͺοΈ ICP β 24 months
βͺοΈ Cardano (ADA) & XRP β 36 months
βͺοΈ Litecoin (LTC) β 69 months
βͺοΈ Monero (XMR) β 72 months
Researchers say Moneroβs "resilience" is actually just a slower death. π
π4
π¨ ETH to $5K by Summer?
Justin Sun is back with another bold prediction β he expects Ethereum to smash through $5,000 before summer. π
He links the potential rally to ETHβs upcoming 10-year anniversary celebration. π
π£ Is he onto something this time or just dreaming again?
Justin Sun is back with another bold prediction β he expects Ethereum to smash through $5,000 before summer. π
He links the potential rally to ETHβs upcoming 10-year anniversary celebration. π
π£ Is he onto something this time or just dreaming again?
π₯7π3
π Bull run vibes are back!
CryptoQuantβs Bitcoin Bull Score Index just hit 60, signaling a strong wave of renewed optimism. π
Demand for Bitcoin and stablecoin liquidity is growing again β looks like the bulls are officially waking up! π
CryptoQuantβs Bitcoin Bull Score Index just hit 60, signaling a strong wave of renewed optimism. π
Demand for Bitcoin and stablecoin liquidity is growing again β looks like the bulls are officially waking up! π
π₯8
π¨ Massive Bitcoin Theft Spikes Monero Price!
Around 3,520 BTC (~$330M) were suspiciously moved from a potential victimβs wallet, according to blockchain sleuth ZachXBT. π΅οΈββοΈ
The funds were split across six exchanges and heavily swapped for Monero (XMR) to obscure the trail, triggering a 50% surge in XMR price due to overwhelming demand and low liquidity. π
Full story: suspected theft + laundering frenzy fueled the sudden rally. π
Around 3,520 BTC (~$330M) were suspiciously moved from a potential victimβs wallet, according to blockchain sleuth ZachXBT. π΅οΈββοΈ
The funds were split across six exchanges and heavily swapped for Monero (XMR) to obscure the trail, triggering a 50% surge in XMR price due to overwhelming demand and low liquidity. π
Full story: suspected theft + laundering frenzy fueled the sudden rally. π
π6
π₯ Last week, the total net inflow into spot Bitcoin ETFs surpassed $3 billion β massive numbers comparable to the Bitcoin ETF buying frenzy after Trump's election victory! πΊπΈπ
Meanwhile, spot Ethereum ETFs saw a net inflow of $157 million over the same period. ETH interest is growing, but BTC remains the clear favorite among institutional investors! π
Meanwhile, spot Ethereum ETFs saw a net inflow of $157 million over the same period. ETH interest is growing, but BTC remains the clear favorite among institutional investors! π
π4
π Nike Faces $5M Lawsuit Over RTFKT NFT Shutdown π₯
Nike is in hot water! A class action lawsuit has been filed after the company shut down its NFT platform, RTFKT, causing its Nike-themed NFTs to lose significant value. π±
Buyers of these NFTs are accusing Nike of a "rug pull" and selling unregistered securities. The lawsuit claims Nike hyped the NFTs using its brand and marketing power, only for the platform to close, leaving investors with worthless assets. π
RTFKT, which Nike acquired in 2021, announced in December that it would wind down by January. The plaintiffs argue they never wouldβve bought the NFTs had they known the platform was shutting down.
The lawsuit is seeking over $5 million in damages, citing violations of consumer protection laws. βοΈ
Looks like Nike's NFT game just kicked a penalty! π
Nike is in hot water! A class action lawsuit has been filed after the company shut down its NFT platform, RTFKT, causing its Nike-themed NFTs to lose significant value. π±
Buyers of these NFTs are accusing Nike of a "rug pull" and selling unregistered securities. The lawsuit claims Nike hyped the NFTs using its brand and marketing power, only for the platform to close, leaving investors with worthless assets. π
RTFKT, which Nike acquired in 2021, announced in December that it would wind down by January. The plaintiffs argue they never wouldβve bought the NFTs had they known the platform was shutting down.
The lawsuit is seeking over $5 million in damages, citing violations of consumer protection laws. βοΈ
Looks like Nike's NFT game just kicked a penalty! π
π±5β€1
π Standard Chartered: Bitcoin's Headed to the Moon π in Q2!
Big banks are bullish! Standard Chartered says Bitcoin could hit $120,000 this quarter and skyrocket to $200,000 by end of 2025. π
Why? π
βͺοΈ Smart money fleeing U.S. assets
βͺοΈ Whales stacking sats π
βͺοΈ Massive inflows into Bitcoin ETFs π°
With U.S. markets wobbling, inflation heating up, and ETF capital shifting from gold to BTC, investors are saying: "In Bitcoin We Trust." π₯
Geoffrey Kendrick from the bank says the breakout is βimminent,β and past patterns suggest when BTC movesβit moves fast. β‘οΈ
Hold onto your wallets. The bull might be back in town. π
Big banks are bullish! Standard Chartered says Bitcoin could hit $120,000 this quarter and skyrocket to $200,000 by end of 2025. π
Why? π
βͺοΈ Smart money fleeing U.S. assets
βͺοΈ Whales stacking sats π
βͺοΈ Massive inflows into Bitcoin ETFs π°
With U.S. markets wobbling, inflation heating up, and ETF capital shifting from gold to BTC, investors are saying: "In Bitcoin We Trust." π₯
Geoffrey Kendrick from the bank says the breakout is βimminent,β and past patterns suggest when BTC movesβit moves fast. β‘οΈ
Hold onto your wallets. The bull might be back in town. π
β€1π1π₯1
πΌ MicroStrategy Just Can't Stop Buying Bitcoin! π§Ύ
Michael Saylorβs shopping spree continues:
πΈ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! π³
As of April 27:
π Total holdings = 553,555 BTC
π° Total spent = $37.9B
π Avg. price per BTC = $68,459
When others dollar-cost average into coffee, Saylor DCAβs into digital gold. βοΈβ‘οΈπͺ
At this point, MicroStrategy isnβt a software company β itβs a Bitcoin ETF in disguise. π
Michael Saylorβs shopping spree continues:
πΈ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! π³
As of April 27:
π Total holdings = 553,555 BTC
π° Total spent = $37.9B
π Avg. price per BTC = $68,459
When others dollar-cost average into coffee, Saylor DCAβs into digital gold. βοΈβ‘οΈπͺ
At this point, MicroStrategy isnβt a software company β itβs a Bitcoin ETF in disguise. π
π7β€1
Crypto soothsayer
πΌ MicroStrategy Just Can't Stop Buying Bitcoin! π§Ύ Michael Saylorβs shopping spree continues: πΈ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! π³ As of April 27: π Total holdings = 553,555 BTC π° Total spent = $37.9B π Avg. priceβ¦
π Bitcoin Titans: Strategy vs. BlackRock
After yesterdayβs BTC shopping spree, Strategy now holds 553,555 BTC β just 20,000 BTC shy of overtaking BlackRock with its 573,869 BTC stash. π°
The Bitcoin heavyweight race is heating up! π₯
Will Strategy flip the king of asset managers next? Stay tuned... ππ₯
After yesterdayβs BTC shopping spree, Strategy now holds 553,555 BTC β just 20,000 BTC shy of overtaking BlackRock with its 573,869 BTC stash. π°
The Bitcoin heavyweight race is heating up! π₯
Will Strategy flip the king of asset managers next? Stay tuned... ππ₯
π2
π Pi Cycle Top Signals Potential BTC Peak at $155,400
According to the Pi Cycle Top indicator, a historically reliable on-chain metric, Bitcoin could reach a cycle peak of $155,400, provided it maintains a price above $91,400. π
This scenario assumes continued bullish momentum and stability above key support levels. With BTC currently hovering near this threshold, market watchers are closely monitoring for confirmation. π
While nothing is guaranteed, the indicator has successfully identified previous market tops β and investors are taking note. π°
According to the Pi Cycle Top indicator, a historically reliable on-chain metric, Bitcoin could reach a cycle peak of $155,400, provided it maintains a price above $91,400. π
This scenario assumes continued bullish momentum and stability above key support levels. With BTC currently hovering near this threshold, market watchers are closely monitoring for confirmation. π
While nothing is guaranteed, the indicator has successfully identified previous market tops β and investors are taking note. π°
π5π1
π Bitcoin Nearing the βDanger Zoneβ?
Historically, when over 90% of BTC holders are in profit, market euphoria kicks in β often right before major corrections.
Right now, 86.8% of coins are in profit β creeping closer to that emotional peak. π
Reminder: the last ATH at $109K came when FOMO buyers rushed in... even after ignoring BTC at $90K.
Caution: Euphoria may be closer than it looks. π¬
Historically, when over 90% of BTC holders are in profit, market euphoria kicks in β often right before major corrections.
Right now, 86.8% of coins are in profit β creeping closer to that emotional peak. π
Reminder: the last ATH at $109K came when FOMO buyers rushed in... even after ignoring BTC at $90K.
Caution: Euphoria may be closer than it looks. π¬
π3πΎ1
π’ Tether Confirms Gold-Backed XAUT Reserves Totaling 7.7 Tonnes
Tether has officially verified that its gold-backed stablecoin, XAUT, is fully collateralized by 7.7 tonnes of physical gold, corresponding to a market cap of $770 million as of Q1 2025. π°
π Each XAUT token is backed by 1 troy ounce of gold stored in secure vaults in Switzerland. Amid rising gold prices (+8% in the past month), XAUT reached a new all-time high of $3423. π
Tether emphasizes XAUT's position as the leading institutional-grade tokenized gold product in the market.
Tether has officially verified that its gold-backed stablecoin, XAUT, is fully collateralized by 7.7 tonnes of physical gold, corresponding to a market cap of $770 million as of Q1 2025. π°
π Each XAUT token is backed by 1 troy ounce of gold stored in secure vaults in Switzerland. Amid rising gold prices (+8% in the past month), XAUT reached a new all-time high of $3423. π
Tether emphasizes XAUT's position as the leading institutional-grade tokenized gold product in the market.
π7β€1
π Bloomberg: Which Crypto ETFs Are Likely Next?
Bloomberg Intelligence has released its 2025 forecast for the approval chances of crypto ETFs β and some altcoins are looking strong:
πΉ 90%+ chance: Litecoin (LTC), Solana (SOL)
πΉ 85% chance: Ripple (XRP)
πΉ 80% chance: Dogecoin (DOGE), Hedera (HBAR)
πΉ 75% chance: Polkadot (DOT), Cardano (ADA), Avalanche (AVAX)
With Bitcoin and Ethereum ETFs paving the way, altcoin-based ETFs may be closer than ever.
Bloomberg Intelligence has released its 2025 forecast for the approval chances of crypto ETFs β and some altcoins are looking strong:
πΉ 90%+ chance: Litecoin (LTC), Solana (SOL)
πΉ 85% chance: Ripple (XRP)
πΉ 80% chance: Dogecoin (DOGE), Hedera (HBAR)
πΉ 75% chance: Polkadot (DOT), Cardano (ADA), Avalanche (AVAX)
With Bitcoin and Ethereum ETFs paving the way, altcoin-based ETFs may be closer than ever.
π5π€·ββ1
π Ethereum may be undervalued, says Fidelity Digital Assets
According to Fidelityβs Q1 2025 report, several on-chain metrics suggest ETH is trading below its fair value β possibly offering a strong entry point.
π Key signals:
βͺοΈBTC/ETH ratio dropped to mid-2020 levels (0.13)
βͺοΈRecord 13.6M active ETH addresses (+74% in a week)
βͺοΈMVRV Z-Score at -0.18 = deep undervaluation zone
βͺοΈNUPL at 0 β market likely in a capitulation phase
βͺοΈAverage ETH entry price = $2,020, above current price
π‘ While short-term holders are selling, long-term investors are holding firm β just like in 2022, right before the rebound.π€
According to Fidelityβs Q1 2025 report, several on-chain metrics suggest ETH is trading below its fair value β possibly offering a strong entry point.
π Key signals:
βͺοΈBTC/ETH ratio dropped to mid-2020 levels (0.13)
βͺοΈRecord 13.6M active ETH addresses (+74% in a week)
βͺοΈMVRV Z-Score at -0.18 = deep undervaluation zone
βͺοΈNUPL at 0 β market likely in a capitulation phase
βͺοΈAverage ETH entry price = $2,020, above current price
π‘ While short-term holders are selling, long-term investors are holding firm β just like in 2022, right before the rebound.π€
π3