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As global tensions push nations to diversify away from the US dollar, Bitcoin emerges as a key alternative. Experts predict its growth, but challenges like volatility and scalability remain.
Hoskinson predicts that rate cuts and the stabilization of the recent tariff war will send the crypto market much higher.
XRP could be primed for a breakout above its recent downtrend. Here's how high it could go.
Bitcoin bulls predict a rally to $90,000 if Treasury yields continue to fall alongside the Trump administration’s adjustments to its current tariff policy.
In Brief Analyst Pseudonym identifies recovery signals in BONK, ALCH, and Bitcoin. Short-term trading strategies recommended for cautious positions. Increasing interest in meme tokens amid market volatility.
In Brief Ethereum's price fluctuations shift focus to technical indicators among market players. Analysts signal potential recovery and long-term growth opportunities for Ethereum. Competition from networks like Solana raises challenges for Ethereum's market position.
- 10:11Standard Chartered Analyst: Previously Set BTC Q2 Target of $120,000 Was Too Conservative, Funds Are Pouring in Various FormsAccording to a report by Jinse Finance, Geoffrey Kendrick, Head of Digital Assets at Standard Chartered Bank, shared a half-joking comment with clients via email on Thursday: I apologize if my Q2 target of $120,000 for Bitcoin is too low. Last month, Kendrick wrote in a report that he expects Bitcoin to reach an all-time high of around $120,000 in the second quarter of 2025, due to "strategic asset reallocation from U.S. assets" and accumulation by whales (major holders). We expect these supporting factors to drive Bitcoin to a new all-time high of around $120,000 in the second quarter, with the rally continuing throughout the summer, bringing Bitcoin close to our year-end forecast of $200,000. On Thursday, Kendrick stated that his previous $120,000 Bitcoin price prediction now seems very achievable, and perhaps even too low. The Standard Chartered analyst said: The main narrative for Bitcoin has changed again. It was once associated with risk assets... then it became a way of strategic asset reallocation from U.S. assets. Now it's entirely about capital flows. Funds are pouring in in various forms.
- 09:33Ethereum Market Share Surpasses 8% to Reach Highest Level Since April 6 Last Year, Now at 8.8%PANews May 9th news, according to CoinMarketCap data, Ethereum's market share has risen above 8% for the first time since April 6, 2024, currently at 8.8%, up 1.48% in 24 hours. Previously, it was reported that ETH surpassed $2400, with an intraday increase of over 20%.
- 09:31Data: Ethereum's Global Mainstream Asset Ranking Has Risen to 41st PlaceAccording to ChainCatcher, data from 8 Market shows that as Ethereum surpasses $2400, its market value is now reported at $295.3 billion, rising 24 places in the global mainstream asset rankings, currently ranking 41st.