According to reports, Classover Holdings Inc. (NASDAQ: KIDZ) has taken a bold turn. It just signed a deal with Solana Growth Ventures LLC that could bring up to $500 million in senior secured convertible notes. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says The deal kicks off with an $11 million investment once all conditions are met. What stands out is the plan to use as much as 80% of net proceeds to buy SOL tokens. Classover’s Big Crypto Bet Classover is aiming to build a Solana-based treasury reserve. That means most of its new money will end up in SOL tokens. Even though crypto is known for its ups and downs, the company seems set on this path. It had a 0.02 liquidity ratio before this deal, which shows how tight its cash flow was. Now, by putting money into SOL, Classover is hoping to steady things out. Based on reports, this move is part of a broader strategy to shift its financial focus toward blockchain assets. ????BREAKING CLASSOVER HOLDINGS SECURES $500M FOR SOLANA TREASURY STRATEGY PLANS TO ALLOCATE UP TO 80% TO BUY $SOL. pic.twitter.com/mZZAnogzIi — DustyBC Crypto (@TheDustyBC) June 3, 2025 Convertible Notes And Share Impact The notes can be turned into Class B common stock. They’re set to convert at twice the closing share price before the deal closes. That gives early investors a chance for upside if the stock moves higher. It also cuts down on dilution risks for the current owners, at least for now. Chardan is the only placement agent and financial advisor on the deal. The new financing follows a $400 million equity raise that pushed their potential capital access to $900 million. Back-to-back moves like these point to a longer-term plan to overhaul Classover’s treasury setup with Solana at its center. Struggles In Education Business Classover launched in 2020, offering live online classes for K-12 students around the world. They even added AI tools to their platform. But revenues dropped by almost 100% year-over-year. That fall is a red flag for any company. Related Reading: Stablecoins Ignite Record-Breaking May, Supply Jumps To $244B – Data With a market cap of about $60 million, Classover is in a spot where every dollar counts. Reports say the latest SEC filings show changes to executive pay. It looks like they want to keep their leadership team in place while they work through these money problems. Still, it’s hard to ignore those steep revenue losses and the worry around cash on hand. Solana’s Price Movements Solana itself has been under pressure lately. It tried to get back above $180 but failed. That led to a pullback in line with a wider market correction. Right now, SOL is trading around $162. That’s about a 6.2% rise in the last 24 hours. Its total market cap sits at $84.7 billion, and trading volume is around $3.70 billion. If demand doesn’t pick up soon, SOL could slip further before finding strong support. For Classover, any big drop in SOL’s price could hurt its new treasury plan. Featured image from Unsplash, chart from TradingView
The altcoin market, led by Ethereum (ETH) and Binance Coin (BNB), has gradually gained ground over Bitcoin (BTC) in the recent past. The Bitcoin dominance in the weekly timeframe has experienced a major resistance level of around 65 percent, thus signaling an imminent reversal to kickstart the 2025 altseason soon. Furthermore, on-chain data shows DeFi …
Tom Lee, Fundstrat’s head of research, says Bitcoin could climb to $250,000 by the end of 2025. According to an interview on CNBC’s Squawk Box today, Lee pointed out that Bitcoin recently dipped from its all-time high of $111,970 down to about $104,000. He still thinks that the market is holding up around that level. Related Reading: Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies Lee’s Short-Term Outlook Lee told Squawk Box’s host Joe Kernen that 95% of all Bitcoin—about 19.80 million coins—has already been mined out of a maximum of 21 million. That leaves roughly 1.13 million coins waiting to be produced. He sees that as a tight supply setup. He also noted that while nearly all Bitcoin exists, 95% of the global population does not own any. Based on reports, that gap between supply and potential buyers could push prices higher in the months ahead. To reach $250,000 from around $104,000 now, Bitcoin would need to jump about 140%. Lee still believes it can hit $150,000 by December and could even stretch toward $200,000 to $250,000 if demand heats up. Supply And Demand Gap Lee highlighted the fact that most people in the world have not bought any Bitcoin. He said this creates an imbalance. On one side you have a nearly fixed supply. On the other, there may be millions of new buyers in the next 10 years. He explained that if even a fraction of those people decide to buy Bitcoin, the price could move a lot higher. Right now, only about 5% of all coins remain to be mined. That means new supply is slowing down fast. At the same time, more wallets, apps, and easy ways to buy could bring in fresh money. Lee thinks this mismatch is a big part of why Bitcoin could keep climbing. Long-Term Valuation Targets When asked about Bitcoin’s terminal value—meaning its price when all coins are mined by 2140—Lee said he expects it to match gold’s roughly $23 trillion market cap. That works out to at least $1.15 million per Bitcoin if there are 20 million coins in circulation. He chose 20 million instead of 21 million because assumed losses (lost keys, forgotten wallets) mean not every coin will ever be spent. Lee went further, saying he sees room for Bitcoin to hit $2 million or $3 million per coin. That would put his average “bull case” at $2.5 million, which is roughly a 2,300% rise from today’s levels. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says Other Analyst Projections VanEck’s head of digital asset research, Matthew Sigel, also has a long-range prediction. Based on what Sigel told investors, VanEck sees Bitcoin hitting $3 million by 2050. That forecast lines up with Lee’s idea of Bitcoin matching or even beating gold over time. Both calls assume steady growth in demand, plus wider use by big institutions like hedge funds or pension plans. Featured image from Gemini, chart from TradingView
According to a recent video by angel investor and crypto influencer Armando Pantoja, many XRP holders feel stuck as rival coins keep climbing. He pointed out that focusing only on getting XRP to $10,000 misses the point. Instead, he urged people to look at returns and real uses. This shift in perspective could change how investors see the token’s potential. Related Reading: Pepe Makes It To Trump’s Feed—Is A Crypto Endorsement Next? Emphasis On ROI Based on reports, Pantoja noted that wanting XRP at $10,000 is unrealistic. He said you can get the same gains without waiting for that sky-high price. For example, Bitcoin would need to hit over $300,000 to triple your stake if you bought it at today’s levels. But XRP only needs to reach about $8 from its current trading price near $2.30 to yield the same ROI. That’s a big gap. If you bought XRP at $2.30, a move to $8 feels more achievable—for some, at least. While Bitcoin’s market cap towers over others, XRP’s total value is around 7% of that of Bitcoin’s. This smaller size means it could swing more on positive news. Should I sell all my $XRP for $BTC Just got back from #bitcoinconference2025 pic.twitter.com/CobVAasjbC — Armando Pantoja (@_TallGuyTycoon) May 30, 2025 Comparing Market Caps And Gains Bitcoin recently touched a new all-time high near $112,000. Meanwhile, XRP held around $2.30 in value. Investors pointed to this gap as proof that XRP had no momentum. But Pantoja reminded his audience that XRP climbed over 300% over the past year, while Bitcoin rose by 50% over the same period. Those figures show that past performance for XRP has outpaced Bitcoin’s in percentage terms. This is based on reports that track prices from June last year to now. Still, the wider market’s focus tends to follow Bitcoin’s chart. When BTC booms, altcoins often run too. But sometimes they trail behind or fall back harder. XRP’s Payment Use Case Based on reports around its network, XRP stands out for speed and cost. It can settle a payment in a matter of seconds and handle up to 1,500 transactions per second. That’s fast, especially when compared to the SWIFT network used by banks. Fees are low enough that moving funds across borders can cost mere pennies. Pantoja said this real-world utility is more valuable than hype. He urged investors to think about banks or money-service companies adopting XRP for cross-border transfers. Such adoption could drive demand more than price rumors ever will. Related Reading: Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies Investor Perspective And Risks Meanwhile, investors shouldn’t ignore risks. XRP still faces a legal fight with the US Securities and Exchange Commission. That uncertainty has made many traders wary. Bigger players in finance tend to wait until the case wraps up before making big moves. Featured image from Unsplash, chart from TradingView
Pi Coin is holding on to the bearish trend, amid fading momentum, token unlocks, and a lack of bullish news. It is currently trading at $0.6448, and technical indicators like MACD and moving averages across all timeframes are also in the red. Only a few indicators hint at a possible bounce. Pi is showing a …
XRP could be heading for a dramatic price move — and an expert is sounding the alarm. Drawing comparisons to XRP’s explosive rally and subsequent crash in 2017, the expert warns that while a major price surge could be on the horizon, it could quickly be followed by a devastating 90% crash. History May Be …
Solana’s price has demonstrated sufficient strength in the past by initiating quick recoveries and reclaiming previously lost targets. The investors also remain extremely vigilant over the token’s progress, and as a result, SOL has been among the top 5 most-traded cryptos, excluding stablecoins. Despite immense attention and a strong previous history, the SOL price seems …
It’s been almost two weeks since Bitcoin hit an all-time high price. Meanwhile, the crypto market is at an important moment right now, and many traders are wondering what will happen next. Data from Alphractal, a trusted crypto data platform, shows some interesting trends that suggest altcoins could be about to steal the show. Interesting, …
Bitcoin continues to trade within a tight range, hovering above the $105,363.38 mark while struggling to break through the $108,000 resistance level. While the Bitcoin dominance has hit 64% since May, it signals a reversal is on the way for altcoins. This period of consolidation has many investors watching closely, not just for Bitcoin’s next …
Dubai just gave Ripple’s new stablecoin a big win. The city’s financial regulator, the Dubai Financial Services Authority (DFSA), has approved RLUSD as a recognised crypto token for use inside the Dubai International Financial Centre (DIFC) — a move that will help Dubai’s push to position itself as a global hotspot for digital finance. While …
An account dedicated to posting news and updates about Pi Network recently ran a poll on X asking, “Do you want to see $Pi listed on Binance?” However, the responses turned out to be mostly negative. Binance Listing? Not Until These Issues are Fixed Some Pi users were excited over the possible listing, but many …
BitGo, a leading crypto custody and trading firm, has entered a strategic partnership with VivoPower. As part of this deal, VivoPower will use BitGo’s exclusive over-the-counter (OTC) trading services to purchase $100 million worth of XRP tokens. This move is part of VivoPower’s new treasury strategy, following its successful $121 million fundraising round. A Sign …
XRP’s price has been under pressure lately, with the token stuck in a bearish trend. The price recently broke below an important support zone, and while it found temporary support between $2.10 and $2.20, the overall momentum remains weak. Short-Term Bounce Attempt In the short term, XRP is attempting a small bounce from this support …
As we step into June 2025, the crypto market is trading with cautious optimism. The total crypto market cap currently sits at $3.27 trillion, while 24-hour trading volume hovers around $88.44 billion. The Fear & Greed Index stands at 57, signaling neutral sentiment, while Bitcoin dominance remains elevated at 63.6%, pointing to its overwhelming market …
As June kicks off, the crypto market is starting to stir. Bitcoin’s supply on exchanges keeps dropping, hinting that a supply squeeze could be on the way. Meanwhile, Bitcoin dominance is easing, and Ethereum is holding firm around $2,700 — both signs that altcoins might rally next. After grabbing headlines with a record-breaking surge above …
The crypto market is getting ready for its next big bull run in 2025, and artificial intelligence (AI) projects are showing strength. After the recent craze around meme coins and popular tokens, several AI-powered crypto projects are showing early signs of growth. An analyst has listed altcoins that will surge and hit new highs: Virtuals …
The world of cryptocurrency never stays quiet for long, and Pi Network is proving that right now. Recently, Pi Network has become the talk of the crypto space after getting listed on MEXC, one of the popular crypto exchanges. But while the listing was big news, the coin’s price has been on a wild roller …
The world of cryptocurrency never stays quiet for long, and Pi Network is proving that right now. Recently, Pi Network has become the talk of the crypto space after getting listed on MEXC, one of the popular crypto exchanges. But while the listing was big news, the coin’s price has been on a wild roller …
The price of XRP has been under pressure lately, and traders are closely watching some key levels on the charts. After recently hitting a high near $2.47, XRP has struggled to hold steady and has been stuck in a downtrend. At the time of writing, XRP is trading at around $2.17, slightly recovering after dipping …
The price action of Dogecoin in the past 48 hours have seen it finally break below the $0.2 mark after a whole week of bullish investors trying to hold above the $0.22 support level. However, this break below the $0.22 support has cascaded into a string of selloffs that eventually pushed Dogecoin below $0.2. The mood was further complicated by a recent on-chain development of a massive inflow of Dogecoin into crypto exchange Coinbase that has raised eyebrows across the crypto community. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script 312 Million Dogecoin Moved Into Crypto Exchange Coinbase According to data from blockchain monitoring platform Whale Alert, three large Dogecoin transactions were recorded in rapid succession, each involving 104,125,016 DOGE valued at approximately $20.09 million. These transfers were sent from three different wallets to the Coinbase exchange, bringing the total moved to 312,375,048 DOGE, worth over $60 million at the time of the transaction. ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/ZHkkBkN9Bm — Whale Alert (@whale_alert) May 31, 2025 ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/4x6lIhHDSk — Whale Alert (@whale_alert) May 31, 2025 ???? 104,125,016 #DOGE (20,090,304 USD) transferred from unknown wallet to #Coinbasehttps://t.co/6G8vEk2Hnj — Whale Alert (@whale_alert) May 31, 2025 Although the wallets are technically separate, their identical balances, timing, and synchronized movement strongly suggest they are controlled by a single entity. On-chain history reveals that these wallets started receiving Dogecoin in October 2021, five months after the cryptocurrency reached its all-time high of $0.7316 in May 2021. Fresh inflows were added again in 2022, but since then, there had been little to no incoming activity. Furthermore, these addresses haven’t had any outgoing activity since their creation, until now. This makes the recent transfers not only unusual but significant, as it marks the first time these tokens are being moved out and directly to an exchange. Brace For Impact? What This Means For DOGE Price The immediate concern for investors is whether these transfers is the precursor to an impending selloff. Sending over 312 million DOGE to Coinbase could be interpreted as a move to liquidate, especially if the whale behind these wallets intends to take profits after holding the asset dormant for nearly two years. Such a sale will introduce substantial selling pressure to Dogecoin, which is already currently struggling to get market demand to absorb selling pressure. On the other hand, not all large transfers to exchanges indicate bearish intent. There is a realistic possibility that the wallets are not externally owned but rather belong to Coinbase itself. In that case, the transfers may simply represent internal restructuring or cold-to-hot wallet reallocation, which poses no threat to price action. At present, there is no conclusive evidence confirming either scenario, and the uncertainty is enough to keep retail Dogecoin traders on alert. Related Reading: Panama Canal Could Prioritize Bitcoin-Paying Ships, Mayor Suggests Interestingly, Dogecoin’s price might already be showing strong volatility in response to the movement. At the time of writing, Dogecoin was trading at $0.188, down by 0.35% and 14% in the past 24 hours and seven days, respectively. Featured image from Unsplash, chart from TradingView
Many crypto investors dream about the day their favorite coin takes off — and for XRP fans, the big question is: how high can it go in the next 10-15 years? Different predictions have popped up online, and while some are overly bold, others seem within reach. Let’s break down what AI models are saying …
Bitcoin’s price action has drawn a sharp dividing line between long-term bullish expectations and short-term reality. After peaking above $111,000 in May, the Bitcoin price has entered a retracement phase and is now trading below $105,000. While some interpret the current downturn as a sign of a weakening trend, others see it as a textbook bullish correction. Among them is crypto analyst MasterAnanda, whose latest chart suggests that Bitcoin is structurally strong enough to reach new highs, but it might fall short of the speculated $200,000 price target this cycle. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script MasterAnanda Predicts Higher Low And $137,000 Target In his TradingView post, MasterAnanda stated clearly that Bitcoin is still in a bullish structure, but he believes a $200,000 peak is out of reach for this cycle. Instead, he identified $137,000 as the more realistic upside target when Bitcoin finally rebounds from the ongoing correction. According to the analyst, the formation of a higher low on the larger time frame will be an important confirmation that Bitcoin’s macro uptrend remains intact. He outlined $88,888.88 as an ideal retracement level to make this perfect higher low, because it aligns with the 0.618 Fibonacci level and comes in well above the prior bottom at $74,500 on April 7. Despite the current sell-off, MasterAnanda argues that the broader trend is healthy. “Bitcoin will never ever trade below $80,000 in its history again,” he declared, ruling out any deep reversal below the prior low. On the other hand, the analyst also noted that if Bitcoin holds above $100,000 to $102,000, this retracement would be considered minor, with price action still classified as bullish continuation rather than a breakdown. If Bitcoin bulls manage to keep prices trading above that area, it would suggest the current move is nothing more than a short-term dip. When that moment arrives, the bias will shift from short to long, and a rally to $137,000. However, a clean break below the $100,000 price level would mark a significant shift in how long Bitcoin reaches new highs. Chart From TradingView: MasterAnanda RLinda Echoes $101,000 Support For Bitcoin Adding to the analysis, another trader, RLinda, shared a 4-hour chart perspective showing how Bitcoin is currently in a fragile recovery path. She agrees that Bitcoin is still operating within a bullish context, but flagged the $102,000 and $101,400 zones as vital structural supports. Her chart suggests that the false breakout at the key $110,000 resistance level is the end of the recent rally leg, and the current decline could be a liquidity-driven correction rather than a complete reversal of the bullish trend. Furthermore, RLinda’s analysis shows that Bitcoin has exited its upward channel. The outcome, she said, will depend heavily on whether support levels at $102,000 and $101,400 can hold. A bounce from these levels could lead to a retest of the $106,000 to $108,000 resistance zone, where market direction may become clearer. If bulls fail to hold $101,000, it could invite a more dramatic sell-off that pushes the Bitcoin price toward a local bottom or even deeper. Chart Image From TradingView: RLinda Related Reading: Pepe Makes It To Trump’s Feed—Is A Crypto Endorsement Next? Together, both analysts agree on one thing: Bitcoin’s current correction is not yet a full collapse. At the time of writing, Bitcoin is trading at $104,290, up by 0.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView
The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s break down what’s happening with XRP’s price action and the important support and resistance levels to watch. XRP Bounces from Key Support Zone On the daily chart, XRP recently bounced from a key support area between $2.10 and $2.15. This …
US President Donald Trump’s brief post on Truth Social on May 29 sparked a quick burst of excitement among crypto traders. Based on reports, some users saw a hidden reference to the Pepe meme coin (PEPE). Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ In the next few hours, PEPE shot up by 5% but then fell back by 15%. Traders are now watching to see if this social push can do what Elon Musk once did for Dogecoin. Pepe Price Moves According to market data, PEPE’s price hit its upper resistance after the Trump post. A short surge brought a 5% gain. Then profit-taking and wider market pressure drove an 18% correction. The flip in momentum shows how fast things can change in meme-coin land. A small tweet or post can send prices soaring, but it only takes a bit of selling to push them down again. ???? Wait, what Trump just dropped a $PEPE pic on Truth Social ???? Is this a secret crypto endorsement or just trolling the internet? Either way the $PEPE rocket might just have a new co-pilot. What’s next a $PEPE rally or a Twitter melt down Stay tuned???? pic.twitter.com/cu8RF7D55b — Josh Mair (@WizzOfCrypto) May 29, 2025 On Drama & Speculation Trump’s message saying he’s “on a mission from God” makes him sound like he has a special purpose, not just a political goal. The dark street scene and the words “nothing can stop what is coming” hint that something big is coming, even if he doesn’t explain it. This kind of talk can fire up his most loyal supporters – especially PEPE aficionados – because it feels dramatic and urgent. Chart Patterns In Focus Based on reports from chart watchers, PEPE appears to be forming a cup-and-handle pattern that began about five months ago. If the coin breaks above the handle, some say it could reach $0.000026—double its current level. Right now, the MACD line sits below the signal line after a recent death cross, hinting at a near-term downtrend. The RSI has dipped toward 52 and may cross below it soon, which could keep sellers in control. The 0.618 Fibonacci retracement level sits at $0.00001 and could act as a bounce point. If that level gives way, traders will look at $0.000008 as the next support. Tariff Ruling Adds Pressure Based on US Court of International Trade filings, the court reversed Trump’s tariff suspensions right around the same time that PEPE spiked. That move seems to have dampened the market’s risk-on mood. For many traders, broader trade news can be a bigger factor than any single tweet. If traders worry about tariffs and slower growth, they often sell off riskier assets like meme coins. That mix of social hype and market worry helped push PEPE down after its brief rally. Looking Ahead For Traders Based on this mix of social buzz and chart signals, it’ll take more than a hint in a post to keep PEPE climbing. If the coin can break above its current resistance by mid-June, $0.000026 seems to be the main target. But a falling MACD and RSI point toward more selling pressure first. Traders should watch the 0.618 level at $0.00001 for signs of a bounce. If that level breaks, they’ll likely aim for $0.000008 next. Related Reading: No Room For Doubt: Analyst’s $900K Bitcoin Forecast Follows Familiar Script Featured image from Inverse, chart from TradingView
A crypto analyst has forecasted a potential 1,000% rally for the Dogecoin price by the end of the year, suggesting that the leading meme coin could not only reach the coveted $1 milestone but blast past it to $2. While this target may seem bold, especially with Dogecoin still trading below $0.5, the analysis is backed by a compelling combination of historical price behavior, market structure, and accumulation patterns. Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ Dogecoin Price Targets $2 By Year’s End According to a 2-day chart analysis published by crypto market expert ‘Setupsfx_‘ on TradingView, Dogecoin has been navigating a textbook accumulation phase reminiscent of previous cycles that preceded explosive price surges. Based on this distinct historical price behavior, the analyst is boldly predicting a major breakout, anticipating a 1,000% rally that could allow the meme coin to smash through $2 by the end of the year. Using the Wyckoff theory as a foundation, the TradingView expert presented a chart illustrating a clear structure of accumulation, distribution, markdown, and markup—- all of which have played out in past market movements. The chart shows that Dogecoin followed a typical Wyckoff accumulation in its early 2021 cycle, where it traded sideways and spent months consolidating in a defined range. This range, indicated by the blue box on the chart, has been highlighted as a key buy zone between roughly $0.12 and $0.16. Notably, this key zone is the final area where the Dogecoin price could be revisited before launching higher. A return to this range would complete the historical price structure and present an ideal entry point before the markup stage begins. Currently, Dogecoin has concluded its markdown phase and is approaching the final stages of accumulation, paving the way for a potential bullish breakout. If price action continues to respect this historically bullish roadmap, Setupsfx_ forecasts that Dogecoin could gradually move higher over the coming months. By late 2025, this could culminate in a full-blown rally to $2, a level that represents approximately 1,000% upside from current prices. While the TradingView analyst maintains a bullish stance on Dogecoin’s outlook, he has tempered expectations, cautioning that the journey to $2 isn’t expected to be linear. Dogecoin could still face volatility, retracement, and psychological resistance around levels like $0.25, $0.5, and $1, which could slow down its climb. A Push Above $3 Still In The Cards Crypto analyst Trader Tardigrade on X (formerly Twitter) is even more bullish on Dogecoin’s future price, projecting a potential rally to $3.8. This optimistic forecast is supported by the emergence of a bullish Ascending Broadening Wedge pattern on Dogecoin’s weekly chart. Six key touch points confirm the pattern, labeled A through F, within a widening channel indicated on the price chart. The critical level to watch is the $0.47 resistance level, marked by the previous high around point E. Related Reading: $10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare A confirmed breakout above this level could validate the wedge and potentially trigger a significant price surge. Based on the measured move from the wedge’s widest point, the analyst highlights a projected path to $3.8, representing a massive 2,011% surge from current prices around $0.18. Featured image from Unsplash, chart from TradingView
Pi Network is entering the gaming space to boost activity and show real use for its tools. The Pi Core Team has officially launched FruityPi, a new game app built to showcase how Pi’s tools, like the Pi cryptocurrency, Pi Wallet, and Pi Ad Network, can be smoothly integrated into real-world applications. The Pi Core …
Crypto markets slid on Friday as fresh tariff concerns once again discouraged investors. Bitcoin is down over 2% today, trading at $103,700. Smart contract platforms also took a big hit as Solana fell 6.3%, Sui dropped 7.8%, and Avalanche slid 7.3%. Crypto stocks were also affected as Bitdeer (BTDR) sank 8.3% after a big rally, …
In times when Bitcoin and other major cryptos are facing strong upward pressure, Livepeer prices have begun to surge. With a 2000% rise in trading volume, the LPT price triggered a strong rise from levels around $5 to mark local highs at around $13.48. The rise in the value is due to the listing on …
In an interview with Korean crypto researcher Juhyuk Bak, also known as @JuhyukB, Capriole Investments CEO Charles Edwards laid out a striking divergence in the crypto asset markets: while Bitcoin could double this year, altcoins remain structurally impaired and far from any meaningful rotation. Bitcoin Could Hit $200,000 This Year Speaking from the perspective of a macro quant hedge fund operator, Edwards was unequivocally bullish on Bitcoin, stating, “If the data stays in the current trend we’re in, I think $150–200K is definitely possible this year.” The founder of Capriole, a fund known for pioneering on-chain valuation models like Hash Ribbons, Energy Value, and the Macro Index, grounded this forecast in a web of interlocking technical, sentiment, and macroeconomic signals. Related Reading: Bitcoin Warning: Bull Trap Or $270,000 Rocket? Analyst Exposes What’s Coming “We’re printing new all-time highs on daily and weekly closes,” Edwards noted. “As long as we stay above $104K […] as long as the Macro Index trends up, and US liquidity continues to rise, this environment is very bullish.” Capriole’s proprietary Macro Index—a machine learning model aggregating over 100 inputs from Fed liquidity to bond and equity markets—has turned decisively positive. Bitcoin’s rally, Edwards emphasized, is further reinforced by metrics like MVRV Z-Score, Hodler Growth Rates, and Energy Value, all signaling room for expansion. But while Bitcoin shows strength across multiple dimensions, altcoins are telling a very different story. The Death Of The Old Altcoin Cycle Edwards refrained from naming specific altcoins but delivered a clear macro verdict: the capital flow dynamics have changed, and altcoins are no longer on an equal footing with Bitcoin. “Structurally, things are quite a bit different this cycle […] the biggest driving forces are Bitcoin ETFs and US policy. That’s creating a centralizing effect—funneling capital directly into Bitcoin,” he explained. He pointed to the historical cycles of retail-led altcoin rallies, followed by catastrophic drawdowns—often exceeding 99% losses. “Retail has just gotten destroyed,” he said bluntly. “There’s a fatigue in the altcoin space that wasn’t there four or five years ago.” Related Reading: Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock The legacy of failed ICOs, broken tokenomics, and events like the FTX collapse have left lasting scars. Meanwhile, institutions are avoiding the risks and complexity of smaller-cap digital assets, opting instead for regulated Bitcoin exposure through ETFs and corporate treasury allocations. “It used to be more of a level playing field. That’s no longer the case,” Edwards said. “The real money is flowing into Bitcoin—and that probably continues for a while.” When Will Altcoins Wake Up? Despite the grim tone, Edwards does not dismiss altcoins entirely. He views a strong altcoin cycle as conditional—not impossible, but dependent on clear Bitcoin dominance first. Using Capriole’s Speculation Index and Crypto Breadth models, which track the relative strength and price movement of altcoins, he made a key observation: “Right now, only 5% of altcoins are above their 200-day moving average. That’s not bullish.” He compared the current setup to late 2020, when Bitcoin surged from $10K to $60K before altcoins began outperforming. That rotation required Bitcoin to first breach previous all-time highs decisively. “You want Bitcoin to hit something like $140K while alts are still underperforming. That would be the ideal setup […] that’s when capital begins rotating downstream,” he explained. Conversely, if altcoins begin pumping prematurely, while Bitcoin remains range bound, Edwards sees that as a top signal. “That’s usually the last puff of air,” he warned. Cycles Are Changing, Risks Are Evolving Beyond price action, Edwards questioned the relevance of traditional halving cycles. He argued that the impact of miners—once the primary driver of Bitcoin supply dynamics—has diminished significantly due to ETFs, corporate treasuries, and sovereign actors like Michael Saylor. “That four-year cycle is dead—or at least dramatically weaker. Miners are now just 2–3% of the total supply flow. The real drivers today are institutions,” he said. This evolution reduces the probability of 80% drawdowns and increases the risk of systemic leverage—particularly from publicly traded Bitcoin-heavy firms. While not an immediate concern, Edwards sees potential for long-term vulnerabilities if major players overextend. Edwards also discussed diversification within Capriole’s portfolio. While Bitcoin remains the firm’s core allocation, he revealed exposure to quantum computing equities like IonQ (IONQ), Rigetti (RGTI), D-Wave (QBTS), and QUBT. “I think quantum is like Bitcoin in 2015. It’s early, it’s volatile, but the long-term CAGR could be even higher than Bitcoin’s.” He added that gold also plays a strategic role, not as a replacement but as a hedge. Capriole monitors the gold-to-equity ratio closely, and its breakout above the 200-day moving average is seen as a historically bullish signal—both for gold and Bitcoin. In closing, Edwards urged investors to tune out most of the financial news cycle. “Probably 99% of headlines don’t matter,” he said. Instead, focus on game-changing shifts: Fed pivots, global liquidity expansions, and true structural reconfigurations of capital flow. “We’re wired to overreact to bad news. The key is to filter it down to a few macro drivers that actually move the market—and Bitcoin right now has those working in its favor.” Until altcoins show meaningful breadth and break their long-term resistance structures, Edwards’ message is clear: Bitcoin will soar. Altcoins won’t—at least, not yet. At press time, BTC traded at $105,557. Featured image created with DALL.E, chart from TradingView.com
The cryptocurrency market recorded more than $841 million in total forced liquidations during the last 24 hours leading to Friday, May 30, during the late North American trading session. As Bitcoin (BTC) price dropped below $105k, the wider altcoin market led by the memecoins recorded heavy forced liquidation of long-leveraged traders. According to market data …