April 2025 - Page 11 of 13

Crypto Total Market Cap is Eyeing a Breakout- Altseason?

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The total crypto market cap is testing a breakout above its falling wedge pattern. Analyst suggests a major altseason could be on the cards.

The crypto market is on the verge of a breakout, pushing through the 2.7 trillion market cap resistance level. Following weeks of consolidation inside a falling wedge pattern (classic bullish setup), the market appears poised for a breakout. Historically, such pattern formation heightens investor confidence and pulls in more capital into the market.

According to insights from World of Charts on X (formerly Twitter);

“#Crypto Approaching Towards Crucial Resistance, Expecting Breakout Too, Successful Breakout Can Lead Massive Altseason.”

With traditional markets stabilizing and many DeFi projects planned for the year, the crypto market anticipates new capital from investors. This bullish signal could trigger faster capital injection, thus sparking the beginning of the altseason.

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partyushgoyal

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How to Track Whale Wallets for Smart Investment Moves

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Tracking whale wallets offers a unique window into observing large investor behaviour and anticipating market trends associated with the big-money players.

Having a hedge on the latest market trends and activity associated with both large and retail traders increases your chances of success as a trader. The impact of big market moves by large investors (whales) in the crypto market could affect one’s long-term or short-term positions.

So, why track whale wallets?

Some common reasons for observing whale activity include;

Detecting large buys or sells early
Anticipate market volatility or changes in sentiment
Spot potential accumulation and distribution patterns that could impact prices

Some commonly used tools for tracking whale activity include;

Whale Alert for updates on large transfers.

Etherscan for Ethereum wallet transactions

Nansen for smart money and whale behaviour, Arkaham for AI-driven wallet identification, and Lookonchain for Real-time alerts and trend insights.

What should you look for?

Whale accumulation involves large buys sent to cold wallets, a bullish signal.
Distribution refers to transfers made to exchanges, a bearish signal.
Swaps or staking, an investment suggesting long-term conviction, bullish signal.

Whale actions are key in confirming one’s technical setups and tracking market behaviour in dips or rallies, thus allowing traders to make informed investment strategies.

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partyushgoyal

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Bitcoin is Recovering and Testing a Key Resistance Zone

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Bitcoin is recovering and currently testing the $83k-84k resistance zone. With the trade war cooling, is BTC’s rally on the cards?

Bitcoin has surged 2.07% in the past 24 hours signalling a strengthening bullish momentum. According to CoinMarketCap data, BTC was trading at $83,810 at the time of writing.

Following a freeze on trade tarrifs by U.S President Donald Trump, the stock market has been recovering. Similarly, Bitcoin bulls are pushing upwards as BTC tests the $83k-84k key resistance zone on the 12-hour chart.

Based of Technical analysis by World of Charts on X( formerly Twitter), if Bitcoin bulls break past the $84k above this key resistance zone, the King of crypto could be poised for a notable uptrend.

Bitcoin’s RSI stands at 51, a neutral zone showing more buying potential. With more than 313 million in Exchange outflow, and 88% of holders in profit, the happy “strong hands” could be accumulating more. While new traders enter new positions, a breakout could lead to the next bull rally.

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partyushgoyal

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What is Blockchain Interoperability and Why does it Matter?

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Blockchain interoperability remains the missing link in bridging and uniting blockchains to a giant seamless digital ecosystem powering DeFi growth.

Blockchain technology is no longer a tech-savvy word for revolutionary technological pitches in conferences, but the next industrial revolution after the internet in the late 1990s. As Blockchain utility grows, the ability to perform fast and efficient communication between blockchains has become challenging.

So, what is blockchain interoperability?

Blockchain interoperability refers to the process of making unique and separate blockchains “talk to each other” and cooperate to execute tasks. As of today, projects like Polkadot, Cosmos, and Thorchain are leading the way in easy and secure connectivity between blockchains. Thanks to these projects, users can easily swap digital assets across different networks without involving a centralized exchange.

Why does it matter?

Blockchain interoperability is not just an upgrade, but a pillar in the growth of Decentralized Finance ( DeFi) in this decade. The digital asset market could unlock faster innovation, crypto adoption, and financial freedom as blockchain interoperability advances.

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partyushgoyal

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ONDO Surges 30% as Binance Announces Listing

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Ondo has caught the market’s attention following a 30% price surge and listing on the Binance exchange.

April 11- Binance has concluded its “vote to list” community campaign that saw ONDO listed on its exchange. With the trading pairs ONDO/USDT and ONDO/USDC on the exchange, the asset has surged nearly 30% in price. Ondo’s price is consolidating around $0.880, with its trading volume hitting 125% in the past 24 hours, per CoinMarketCap.

The decentralized investment banking protocol could be poised for long-term growth, considering its focus on bridging traditional finance with DeFi.Additionally, following Trump’s move to repeal the “DeFi Broker rule” into a favourable law, the protocol’s financial products could see renewed interest from the market.

Ondo has seen its community sentiment hit new highs amid DeFi-friendly regulatory policies in the market and Binance listing. ONDO’s MACD (12,26), short-term and mid-term moving averages are flashing “buy”. With its Relative Strength Index (RSI) at 52 (not overbought zone) and high community sentiment, Ondo’s bullish momentum is strengthening.

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partyushgoyal

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AVAX Signals Strength While Eyeing Breakout Above $23

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Avalanche has surged nearly 10% with notable trading volume as open interest rises.

AVAX has surged in trading volume following VanEck’s strategic move to file for Avalanche’s Spot ETFs. Avalanche was trading at $19.21, a 10% price surge in the past 24 hours and a 25% surge in the last 2 days, at press time. According to Coinglass data, the coin has seen its open interest rise 13% in the past 24 hours, suggesting a strong bullish momentum.

Why AVAX could sustain its strength in the mid-term

Avalanche has formed a double bottom pattern on the 12-hour chart. According to analyst TedPillows on X, a close above $23 could spark a bullish rally in the mid-term.

Looking at Avalanche’s technical indicators, short-term and long-term moving averages and MACD(12,26) flash a strong “buy”.The altcoin’s Relative Strength Index (RSI) stands at 51. This indicates that AVAX is not overbought and has potential for more buying, as of this writing. With Avalanche Spot ETFs filed, the coin could be poised for long-term gains as investor conviction rises.

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partyushgoyal

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Ethereum Dapps Generate Over $1 Billion in Fees in Q1 2025

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Ethereum remains the top blockchain in activity and revenue as of Q1 2025, while Layer-2s and altchains catch up.

Blockchain utility is on the rise as countries around the globe strive for clearer regulatory measures. As a result, blockchain technology is finding utility in various aspects of the global economy, as traditional financial institutions and businesses adopt it. Decentralized applications (Dapps) and blockchain services are on demand, and builders have been quite busy in the past three months.

According to Token terminal data, Ethereum dapps have topped in blockchain revenue for Q1, 2025, with the network raking in $1.014 billion in fees.

Base Dapps secured the 2nd position with $193 million, while BNB Chain came in third with $170 million. Arbitrum hit $73.8 million, and Avalanche C-chain closed the top 5 list with $27.68 million.

Base, a layer-2 chain backed by Coinbase, aims to decentralize over time according to its documents. It has seen significant growth, surpassing BNB Chain for the second position as of Q1 2025.

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partyushgoyal

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Solana Leads Ethereum in 24-hour DEX Volume

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Solana has taken the top spot, leading Ethereum in daily decentralized trading volume amid a 3.5% price surge.

Solana and Ethereum networks account for 57% of the total trading volume from the top 10 decentralized exchanges (DEXs) in the market. In the past 24 hours, Solana has seen its DEX trading volume steadily rise, pulling ahead of Ethereum to lead the DEX pack.

According to data shared by Crypto Rand on CoinMarketCap, Solana’s 24-hour DEX volume hit $2.774 billion while Ethereum rallied behind holding 2.744 billion.

Why is Solana’s price and DEX volume surging?

Solana’s fast transaction speed and lower gas fees could be enticing for traders following a week of market frustration fueled by the global trade war. Users are likely hunting for cheaper and quicker alternatives to Ethereum-based DEXs, for instance, Jupiter and Raydium.

Despite lagging behind Solana in the past 24 hours, Ethereum remains unshakable as a DEX powerhouse in the market.

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partyushgoyal

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Trump Signs First-ever Crypto Bill into Law

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Trump has signed the first-ever crypto bill into law, easing regulations and encouraging DeFi innovation.

A controversial IRS rule that required DeFi platforms to act like traditional brokers and report user data to the authority has been limiting innovation in the digital asset market. However, on the 10th of April, in what is deemed a “major win” for the crypto space, U.S. President Donald Trump signed a new legislation repealing this barrier into law.

What does this mean for Bitcoin and the Future of DeFi?

Most DeFi platforms in the U.S. have faced challenges in protecting user privacy while complying with the IRS requirements of data disclosure. DeFi platforms exist to minimize the bureaucracy associated with traditional finance infrastructure.

This includes both anonymity and transparency, depending on user requirements. As a result, the IRS rule was overwhelming for most DeFi projects, hindering their growth and user adoption. With the new Legislation, DeFi projects could be in for exponential growth, pushing demand for Bitcoin and cryptocurrencies higher.

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partyushgoyal

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Gold Hits a New All-time High-Will Bitcoin Follow Next?

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Spot gold has recorded a new all-time high, sparking debate over whether Bitcoin could follow this historical correlation.

On the 10th of April, gold surged 3% to hit an all-time high, trading at $ 3,160 per ounce as the market recovered. Following Trump tariffs and market chaos, investors seem to hedge their capital against inflationary policies associated with the current global economy.

Historically, Bitcoin tends to follow suit once gold surges. With BTC facing price volatility, traders wonder whether the “digital gold” will behave similarly.

Why BTC could mirror gold’s rally

Bitcoin’s price has fluctuated significantly in the past 24 hours. Looking at its technical set-up on the weekly chart, a price correction is possible if BTC fails to hold its bullish momentum. This could lead to a retest of its $75-71 support zone before rallying to mirror gold’s trend in the long run.

As the crypto market attempts to recover, digital assets may face price volatility. As a result, BTC could attempt to “shake weaker hands” before assuming gold’s momentum.

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partyushgoyal

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