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Ethereum Surges With Force As Price Logs Most Significant Daily Rally In Years

by admin May 23, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Since the past few days, Ethereum price action has been nothing but quite stunning after breaking past the key $2,400 resistance level that previously hampered upside attempts. ETH’s breaking past this level has provided some sort of stability to the current upward trend as the altcoin continues to record significant gains.

A Historic Ethereum Daily Price Surge

With the broader crypto market recovering strongly, Ethereum seems to have found its footing alongside other major digital assets. Considering its recent move, seasoned market expert and host of the Crypto Banter show, Kyle Doops, claims that Ethereum has jolted back to life, indicating a resurgence of a bull market trend.

Kyle Doops made the assertion due to ETH’s remarkable performance on Thursday, pushing past the crucial $2,600 barrier range. This notable move is attributed to the renewed investors’ interest in altcoins in light of shifting market dynamics.

According to the market expert, the altcoin has pulled an over 50% price increase from the $1,800 mark to $2,700 after trailing the entire cycle. ETH’s growth within this price range was mainly bolstered by the recent integration of the Ethereum Pectra Upgrade, which was launched on May 7.

ETH records biggest daily gains | Source: Kyle Doops on X

The Pectra Upgrade is a key update in the Ethereum network consisting of two major aspects meant to enhance scalability and efficiency. Furthermore, the upgrade marks the blockchain’s most significant change made to the network since the Merge was launched in 2022.

After navigating the ETH Daily Price Performance metric, Kyle Doops revealed that the altcoin recorded more than a 21.8% rise in under 24 hours. It is worth noting that this sharp move is the biggest daily gain Ethereum has experienced since May 2021.

Given the robust bullish sentiment in the crypto market, the expert is confident that Ethereum might be waking up from its prolonged slumber, suggesting the potential beginning of a new bull phase for the crypto giant.

ETH’s Active Addresses Count On The Rise

Ted Pillows, a crypto enthusiast and investor, asserted that ETH is waking up, with its eyes set on reclaiming the $2,664 once again. Pillows is confident about ETH’s short-term performance as the weekly active addresses on the Ethereum network increase sharply, suggesting that upside momentum is building.

Data shows that the number of weekly active addresses has risen to 15.65 million. Specifically, this growth in active wallets reflects investors’ strong adoption and conviction in the network, which could set the stage for a more sustainable increase in ETH’s price.

Pillows remain extremely bullish in Ethereum’s future action, stating in a previous X post that a huge rally to the “$6,000 milestone isn’t a question of if, but when.” His prediction is due to the fact that ETH has not looked back since its deflationary shift in September 2022, and the next rally may just be “the most hated one ever.”

ETH trading at $2,671 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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May 23, 2025 0 comments

GameFi Guides

Bitcoin eyes rally beyond $150k as golden cross forms

by admin May 22, 2025

Bitcoin is on the verge of confirming a powerful golden cross pattern, which could set the stage for a breakout rally toward the $150,000 mark.

Bitcoin (BTC) surged to a new all-time high of $111,544 on Thursday, May 22, afternoon Asian time, breaking past its previous record of $109,400 from just the day before. This new high marks a 48% jump from the April 7 low of just under $75,000, making it the second all-time high for BTC in 2025.

Alongside the price surge, Bitcoin’s market cap hit $2.2 trillion, while its realized cap also reached a new peak at $915 billion, highlighting how much value is flowing into the network.

A sharp uptick in trading activity has driven the rally. CoinGecko data shows 24-hour volume surged to $73.7 billion, compared to $50 billion on Wednesday and $40 billion on Tuesday.

That’s a noticeable jump, especially considering that earlier this month, daily volume had fallen below $30 million, its lowest since February.

BTC’s futures open interest also hit a fresh record of $81.35 billion, up sharply from the $46 billion level seen in early March. That signals growing confidence from institutional and leveraged traders.

Earlier this year, BTC faced strong headwinds as it tumbled more than 30% from January’s high of $109,588, bottoming below $75,000 in early April.

That correction came shortly after President Trump hinted at new tariffs on major U.S. trading partners. But sentiment improved mid-April, especially after the U.S. reached fresh trade agreements with several nations.

Another major factor driving the surge is the continued demand from U.S. spot Bitcoin ETFs, which have seen over $7.4 billion in net inflows over the past five weeks, including $609 million just on Thursday.

This has been backed by Bitcoin’s growing role as a treasury asset, prompting a wave of public companies to load the flagship crypto onto their balance sheets. Strategy, for example, has continued its aggressive accumulation, now holding over 2.7% of all Bitcoin in circulation.

BTC technicals flash bullish patterns

On the 1-day BTC/USDT chart, Bitcoin has flipped the 21-day EMA into support after weeks of acting as resistance. More importantly, the 50-day SMA (blue) just crossed above the 200-day SMA (green), forming the highly watched golden cross pattern. Historically, BTC rallied over 37% in just 3 months following a similar pattern in October 2024.

BTC 50-day and 200-day SMA chart — May 22 | Source: crypto.news

On the weekly chart, BTC has also broken out of a bull flag pattern, a classic bullish continuation setup where the price consolidates downward after a strong upward move.

BTC has broken out of a falling wedge pattern on the weekly chart | Source: crypto.news

The measured target of this breakout points toward $150,000, matching projections based on the flagpole height added to the breakout zone. If the golden cross plays out fully, the next realistic stop could be around $153,600.

Veteran trader Peter Brandt acknowledged BTC’s new highs but reminded followers that hitting all-time highs is just what bull markets do. In an earlier May 1 X post, he predicted that Bitcoin could reach the bull market cycle top in the $125k to $150K level by Aug-Sep 2025, although he warned of a possible 50% correction afterwards.

Meanwhile, analyst Gert van Lagen is far more bullish, predicting BTC could reach $300K to $320K by the end of the bull cycle. He based his outlook on a breakout from a 4-year Megaphone Pattern, which features widening price swings and often precedes sharp moves upward.

Short-term risks still in play

Despite the overwhelming bullish momentum, a short-term pullback can’t be ruled out. BTC’s RSI and Stochastic Oscillator have both entered overbought territory, indicating the rally may be due for a pause or short-term consolidation.

BTC 21-day EMA and RSI chart — May 22 | Source: crypto.news

If that happens, Bitcoin could briefly fall toward its support zone near $93,500, which lines up with its simple moving average supports.

So, while a run toward $150K looks increasingly likely, it may not happen in a straight line. A short-term correction could offer a healthier setup for long-term gains.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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May 22, 2025 0 comments

Crypto Trends

Bitcoin Hits $111K, but This Rally Is Extremely Weird

by admin May 22, 2025

A muted rally
Massive ETF inflows

Bitcoin, the leading cryptocurrency by market cap, surged to a new record high of $111,888 on the Bitstamp exchange earlier today.

The leading cryptocurrency is now up by more than 8% over the past 24 hours.

Bitcoin’s market cap is now approaching $2.2 trillion, surpassing Amazon.

A muted rally

Still, the most recent rally has been described as “muted.” Analyst Conor Grogan has noted that this is the least amount of daily Bitcoin volume that has been recorded across exchanges during all-time peaks.

Massive ETF inflows

Meanwhile, Bitcoin exchange-traded funds (ETFs) recorded $614 million worth of inflows on Wednesday, expanding their extremely impressive streak.

Many analysts believe that the leading cryptocurrency is likely to see more institutional demand amid the ongoing rally.

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May 22, 2025 0 comments

GameFi Guides

Dogecoin Makes Meaningful Correction: Key Pullback Pattern Points To Looming Rally

by admin May 22, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Popular dog-themed meme coin, Dogecoin, may have witnessed a bearish performance in the last few days, but this waning price action could benefit its price dynamics. Technical developments show that the current pullback is a signal of an impending major rally in DOGE’s price.

Bullish Structure Forming On Dogecoin Chart

After a period of bullish performance, Dogecoin’s price experienced a retracement, which led to a correction or consolidation phase. However, recent analysis from Trader Tardigrade, a seasoned crypto analyst and investor, reveals that the correction phase is about to come to an end, and a rally is just around the corner.

In the analysis shared on the X platform, Trader Tardigrade stated that DOGE is gearing up for a major rise as a key technical pattern emerges on the daily chart, a typical sign of a possible uptrend. The meme-inspired cryptocurrency is currently consolidating within this key structure, often associated with trend continuation after cooling off from recent highs.

Specifically, the meme coin has formed a Channel Pullback. Combined with stable support levels and rising market sentiment, this channel formation raises the possibility that DOGE is preparing for a significant rise in the upcoming days.

Looking at the chart, this channel pullback previously appeared between late April and early May. Following a breakout from the pattern, Dogecoin saw a notable rise from $0.17 to $0.25 in less than a week. With the structure reappearing, the expert contends that a breakout, which he believes is inevitable, is likely to trigger a similar upward trend.

A recurrence of a bullish pattern | Source: Trader Tardigrade on X

Should the breakout mirror the previous scenario, Trader Tardigrade has predicted a surge from current price levels to the $0.265 mark. DOGE’s reclaiming this level in tandem with significant buying pressure might act as a launchpad to a continued rally toward higher targets.

Dogecoin’s bullish signal extends beyond the 1-day chart. In another post, Trader Tardigrade highlighted a growing momentum in the 3-day time frame, which increases the potential for a rebound.

Following his examination of the 3-day chart, the expert found an Expanding Triangle formation, a key reversal pattern after a widening consolidation phase. Given that the market is slowly turning positive, a breakout from the pattern is expected to cause a rally to $0.275 and beyond.

A Remarkable Price Growth For DOGE Incoming

A view of a much larger time frame shows that DOGE’s price is headed for a new all-time high before the ongoing cycle concludes. Trader Tardigrade has underlined the recurrence of a bullish structure that triggered a massive bullish move for the meme coin on the 6-month time frame.

During the 2017 and 2021 cycles, this macro pattern kick-started DOGE’s final rally all the way to its peak in each cycle. While the structure has reemerged, Trader Tardigrade foresees a similar spike that could lead to a cycle top for Dogecoin. The expert chart reveals that the meme coin might reach a top from the $6 level and above.

DOGE trading at $0.22 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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May 22, 2025 0 comments

GameFi Guides

Bitcoin Open Interest Hits $74 Billion Amid Price Rally

by admin May 21, 2025

Institutions and macro trends drive activity
Bitcoin rebounds to $106,000 despite intraday dip

The Bitcoin futures market is showing strong signs of activity, with its open interest rising to $74 billion, according to Coinglass data. This jump indicates that an increasing number of traders are positioning themselves for possible price moves in the upward direction.

Their actions are proof of renewed confidence in the leading cryptocurrency. The latest surge to $74 billion, one of the biggest in the past few weeks, indicates strong hedging activity.

Institutions and macro trends drive activity

Among the factors driving this trend is the return of bullish sentiment after recent positive changes in the global macroeconomy, especially expectations of lower interest rates and cooling inflation.

With top financial firms expanding their crypto offerings, growing institutional interest is another factor that could be influencing this trend. Even though higher open interest doesn’t result in a price increase, it shows that more investors are pumping money into the Bitcoin futures markets.

However, a sharp rise in Bitcoin price could trigger massive liquidations and add volatility. Coinglass data also shows a strong relationship between BTC’s price and its open interest.

Bitcoin rebounds to $106,000 despite intraday dip

Current CoinMarketCap data shows that Bitcoin currently trades at $106,616, a rise of 1.11% in the last day. Earlier in the day, the crypto asset’s price dropped to about $104,000 as indicated by the red shaded area. But by midday, it rose back to above $106,000 before reaching its latest price.

Source: CoinMarketCap

Even though BTC’s trading volume is down 17.99% in the past 24 hours, it’s still $54.18 billion. Despite this volume decrease, the crypto asset’s daily volume to market cap ratio of 2.54% shows a relatively healthy liquidity.

The cryptocurrency’s profile score of 100% also suggests strong market sentiment, while the technicals indicate a continued bullish outlook among analysts and traders.

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May 21, 2025 0 comments

GameFi Guides

Dow drops 115 points as S&P 500’s six-day rally ends

by admin May 20, 2025

Wall Street’s momentum stalled Tuesday as investors pulled back from tech stocks and rising bond yields renewed pressure on equities.

The Dow Jones Industrial Average fell 114.83 points, or 0.27%, while the S&P 500 dipped 0.39%, ending a six-day winning streak.

The Nasdaq Composite slid 0.38% as chipmakers and megacaps retreated, led by losses in Nvidia, AMD, Meta, Apple, and Microsoft. The tech sector was the S&P 500’s worst performer, falling roughly 0.9%.

The pullback follows a five-week rebound that lifted the S&P 500 more than 20% off its April low, driven by optimism around tariff de-escalation following President Trump’s earlier tariff announcement. The index is now about 3% below its all-time high.

“We’ve had the swoon related to tariffs, the furious rally, and now we’re awaiting clarification,” said Bill Northey of U.S. Bank Wealth Management. “It’s optimism without clarity.”

Meanwhile, bond markets added to the unease. The 10-year Treasury yield climbed to 4.48%, while the 30-year briefly topped 5% for the second straight day—its highest since November 2023.

The rise follows Moody’s decision to downgrade U.S. debt, citing ballooning deficits and rising interest expenses.

Equity valuation challenges

Analysts say yields at or above 4.5% tend to challenge equity valuations. “If the 30-year is breaking out, does that mean the rest of the curve is next?” said Manulife’s Matthew Miskin.

Morgan Stanley’s Michael Wilson noted that equities have consistently faced valuation pressure when the 10-year yield breaches 4.5%.

Elsewhere, Tesla shares rose 2% after Elon Musk reaffirmed his commitment to remain CEO for at least five more years. On the political front, President Trump failed to win over GOP holdouts on a key tax bill, jeopardizing its passage before Memorial Day.

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May 20, 2025 0 comments

NFT Gaming

Golden Cross could ignite rally to $4,000

by admin May 20, 2025

Ethereum is on the verge of confirming a powerful golden cross, implying a breakout toward $4,000 appears increasingly likely.

Ethereum (ETH) is approaching a potential breakout as it edges closer to forming a golden cross, a classic technical indicator that signals a major shift in momentum. As ETH hovers below the $2,800 resistance level, confluence with key moving averages and historical performance suggests a high-probability move toward $4,000 if volume picks up. Market sentiment is cautiously optimistic as bulls look to capitalize on this developing setup.

Key technical points

Golden Cross Incoming: ETH’s 21-day moving average is closing in on a bullish crossover above the 200-day, a historically bullish formation.
Major Resistance at $2,800: Ethereum is consolidating under the $2,800 level, which also aligns with the value area high.
Supportive Structure: The 21-day and 200-day MAs are acting as dynamic support, building bullish pressure beneath key resistance.

ETHUSDT (1D) Chart, Source: TradingView

Ethereum recently broke above its point of control, a high-volume price region, sparking the current bullish trend. Since then, price action has climbed steadily, now testing the $2,800 resistance. This level is critical, as it coincides with the value area high, creating a zone of confluence that’s closely watched by both traders and algorithmic strategies.

Crucially, the 21-day moving average is now rising and on the verge of crossing above the 200-day MA — a textbook golden cross formation. Historically, this pattern has preceded periods of accelerated price growth in Ethereum, often leading to sustained multi-week rallies. In previous cycles, the golden cross has given technical traders a clear long-bias setup, reinforcing the potential for further upside.

As the two moving averages converge, Ethereum is establishing a supportive structure beneath resistance, a technical signal that upward pressure is building.

To confirm this bullish outlook, ETH needs a decisive daily close above $2,800 on strong volume. A weak breakout could result in a rejection, but a surge in volume may trigger the next leg higher. If confirmed, momentum could accelerate toward the $4,000 area, a key psychological and technical level. Traders should also monitor funding rates and open interest to gauge strength behind the move.

What to expect in the coming price action

If Ethereum confirms the golden cross and breaks above $2,800 with strong volume, it could spark a swift rally toward the $4,000 level. Sustained consolidation above resistance would further validate the bullish structure and potentially mark the start of a new uptrend.

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May 20, 2025 0 comments

Best Crypto to Buy as JPMorgan Embraces Bitcoin and Bull Market Returns

Crypto Trends

Best Crypto to Buy as JPMorgan Opens Bitcoin Gate to Clients: $BTC to Rally Soon?

by admin May 20, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin just got a surprising nod – from Jamie Dimon of all people.

That’s right, the CEO of JPMorgan, one of Bitcoin’s loudest critics over the years, now says his bank will allow clients to buy the cryptocurrency.

While JPM won’t hold the coins itself, it’s still a huge symbolic shift. If the biggest Bitcoin hater on Wall Street is giving in, maybe the floodgates really are about to open.

Add to that Fidelity’s recent claim that Bitcoin is ready to carry gold’s ‘baton,’ and things start looking like a crypto fairytale.

Bitcoin is back above six figures, ETFs are climbing again, and whales are quietly waking up. Derivatives open interest has nearly doubled since March, and while things may stay choppy for a while, all signs point to something big on the horizon.

Let’s break down why JPMorgan’s shift matters – and why the best crypto to buy might rally as Bitcoin begins its next run.

Even Jamie Dimon Can’t Ignore Bitcoin Anymore

JPMorgan has been one of the latest big banks to cave. Morgan Stanley and others were already letting wealthy clients dip their toes into digital assets. JPMorgan simply couldn’t afford to sit this out any longer.

So while Dimon still talks trash about crypto, his bank now offers clients access to Bitcoin. The move is symbolic more than anything. If even JPMorgan’s fortress is cracking, the institutional dam might truly be breaking.

Combine that with Fidelity and JPMorgan saying Bitcoin could replace gold, and it’s clear that traditional finance is starting to respect the asset.

Add bullish technical indicators, ETF momentum, and whales increasing activity, and you’ve got a recipe for a rally.

So, what are the best new crypto projects to watch while the market heats up?

1. BTC Bull Token ($BTCBULL) – The Meme Coin That Mirrors the King

BTC Bull Token ($BTCBULL) is what happens when meme coin culture meets real Bitcoin strategy.

Built to track and amplify Bitcoin’s gains, $BTCBULL offers a way for retail investors to ride the Bitcoin wave – with far more upside and fewer entry barriers.

At just $0.00252, and with over $6M already raised in presale, the token is gaining serious traction as the bull market heats up.

But $BTCBULL isn’t just another hype coin. It’s the first meme token that rewards holders with real Bitcoin – not promises, not points, actual $BTC.

Every time Bitcoin crosses a major milestone (like $150K, or $200K), $BTCBULL burns tokens to increase scarcity and sends airdrops – but only to those who bought tokens through Best Wallet and still hold them there.

If you bought $1K worth of $BTCBULL today at the current price of $0.00252, you’d receive around 397K tokens. Stake those tokens at a 15% APY, and by the end of the year, your total would grow to roughly 456,550 tokens.

At today’s price, that would be worth about $1,150 – a nice boost just for holding. But if $BTCBULL reaches its 2025 price prediction of $0.06467, that same stash could be worth over $29.5K.

That’s nearly 30x your original investment, all from getting in early, staking smart, and riding the wave. JPMorgan finally opening the gates to Bitcoin might be the trigger that sends it all soaring.

And you can get in at the earliest stage, before the token is even listed on exchanges.

2. Best Wallet Token ($BEST) – Your All-Access Pass to Crypto’s Next Big Ecosystem

With Bitcoin reclaiming the spotlight and giants like JPMorgan finally giving in to client demand, there’s never been a better time to back the infrastructure that makes crypto usable.

Enter Best Wallet Token ($BEST) – the utility token powering one of the most innovative new wallets in crypto.

While the wallet itself is set to challenge dinosaurs like MetaMask with its sleek interface and powerful multi-chain features, $BEST is the key to unlocking its real value.

At just $0.025055, and with over $12.5M raised in presale, it’s still early – but the roadmap looks built for serious gains.

Buying and holding $BEST gives users real perks: reduced transaction fees, early access to new token launches, higher staking rewards, and bonuses through exclusive iGaming partnerships like free spins, deposit boosts, and lootbox access.

Plus, the ‘Upcoming Tokens’ tool is a game-changer, letting users discover and buy new crypto presales safely from inside the app.

Powered by Fireblocks-grade security, backed by a fast-growing user base, and tied to an ecosystem with real daily utility, $BEST isn’t just a token – it’s your all-access pass to the next wave of Web3 adoption.

If Bitcoin is the new gold, $BEST is the pickaxe.

3. SPX6900 ($SPX) – The Meme Coin That Turns Market Madness Into a Movement

In a crypto world where everyone’s trying to be the next serious protocol, SPX6900 ($SPX) flips the script – and sets it on fire for laughs.

Currently trading at $0.725, this viral meme coin is part absurdist comedy, part internet rebellion, and completely unapologetic.

Source: CoinMarketCap

Think of it as the anti-Wall Street coin with a cult-like following and a mission to satirize everything boring about finance.

But SPX6900 isn’t just memes for meme’s sake. It’s built on community-powered momentum, with a strong visual identity, rapid-fire social media presence, and a core message: take your gains seriously, not yourself.

It’s already carving out its own cultural niche, much like $DOGE and $PEPE did before it – and we all know how that turned out.

There’s no DeFi dashboard or staking farm here. The value is in the hype, and the team behind it knows how to push the right buttons. If you’re looking for logic, look elsewhere. If you’re looking for a ride, hop on.

And with Bitcoin back in six-figure territory and JPMorgan finally giving in to demand, meme coins like SPX6900 are poised to ride the wave of renewed retail interest straight to viral status.

The Market’s Heating Up – Here’s What to Watch Before the Next Big Move

With JPMorgan opening the door, Bitcoin reentering six-figure territory, and whale activity on the rise, the next big move could be closer than people think.

If you’re looking for the best crypto to buy before things really heat up, these three are worth watching.

$BTCBULL is built to mirror the bull run. $BEST is your one-stop wallet for when things explode. And $SPX? It’s here for the memes, and sometimes, that’s all it takes.

Always do your own research (DYOR) before investing in crypto. This article is for informational purposes only and doesn’t constitute financial advice.

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May 20, 2025 0 comments

GameFi Guides

Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls

by admin May 20, 2025

U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits.

The S&P 500, coming off a five-day winning streak, rose slightly, while the Nasdaq Composite rose 0.01%. The Dow Jones Industrial Average rose 0.3%, with support from a rebound in UnitedHealth Group shares.

Moody’s late Friday downgraded U.S. debt to AA1, citing “persistent, large fiscal deficits” and higher interest costs.

The move came as the House Budget Committee approved a tax-and-spending plan from President Trump that would extend cuts and boost spending, raising deficit projections.

The 10-year Treasury yield briefly spiked to 4.56%, its highest level in over a month, before pulling back to 4.46%. Yields on 30-year Treasurys touched 5% before settling near 4.95%. The dollar index fell 0.7%, while gold jumped 1.5% to $3,235 an ounce.

Tech stocks, which led recent gains, traded mixed. Tesla dropped 2% following last week’s 17% rally. Apple slipped 1.5%, while Nvidia, Alphabet, and Meta also declined. Microsoft and Amazon edged higher.

Bitcoin is surging

Bitcoin (BTC) surged to $105,400, lifting shares of Strategy 3%. Palantir, AMD, and Super Micro Computer each fell over 2%.

JPMorgan CEO Jamie Dimon warned that the full economic impact of tariffs had yet to be felt, while Fed officials signaled no immediate changes to interest rates amid ongoing uncertainty.

Global markets were mixed. European stocks rose slightly, while Asia saw losses. The European Union cut its growth outlook, and Diageo forecast a $150 million hit from tariffs.

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May 20, 2025 0 comments