Anmol Khatiwada, Author at Bitmala

Cardano Founder Sets Bold $10 ADA Target Amid New Upgrades and ETF Optimism

Charles Hoskinson, the visionary behind Cardano, recently shared an ambitious outlook for ADA, suggesting it could hit $3, $5, or even $10 if the network’s development roadmap is fulfilled. In a livestream, he emphasized that Cardano’s success now hinges on strong community backing and sustained funding.

While it has completed its original scaling plans, Hoskinson pointed out that advanced projects like Leios are still underway. He warned that delays in budget approvals could force Input Output Global (IOG) to scale back after the Leios rollout.

Meanwhile, its technical outlook is closely watched. ADA is trading near $0.70 — a critical support zone. A rebound could push it to $0.764 or even $1, while a slip below could drag it down to $0.674 or $0.60.

Adding to Cardano’s momentum is its growing interoperability: Hoskinson revealed that a Bitcoin bridge and Bitcoin integration into its Lace wallet are in the works, which could attract more DeFi developers.

Investor sentiment is also improving, especially after Grayscale filed for a spot Cardano ETF, with the approval probability recently rising from 20% to 51% according to Polymarket. A final decision on the ETF is expected by August 2025.

Overall, Cardano is at a pivotal moment — with major upgrades, new Bitcoin partnerships, and possible ETF approval lighting the path toward a multi-dollar ADA future.

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Crypto Fundraising Hits $470M in a Week as Bitdeer, Upexi, Alpaca Lead the Charge

The crypto funding scene exploded this week, with total investments hitting $470.75 million between April 20-26, fueled by major raises across blockchain, AI, DeFi, and staking sectors.

Biggest Deals This Week:

Bitdeer ($179M):
Bitdeer secured $179 million via loans and equity, backed by Matrixport. The Singapore-based blockchain computing firm held 1,234.4 BTC as of April 25 and remains aggressive in mining expansions.
Upexi ($100M):
Upexi closed a private placement selling over 43M shares and warrants at $2.28 each. Backed by GSR, Delphi Ventures, and Big Brain Holdings, Upexi will beef up its Solana treasury and reduce debt.
Alpaca ($52M):
Alpaca’s Series C round attracted investors like Derayah Financial and Portage Ventures. The funds will fuel Alpaca’s global fintech expansion into the Middle East and Asia.
Nous Research ($50M):
The Solana ecosystem AI and DeFi player pulled in $50M Series A funding led by Paradigm, bringing total funding to $70M.
Symbiotic ($29M):
The Ethereum-based restaking platform scored $29M in Series A funding led by Pantera Capital, with heavyweights like Coinbase Ventures, Aave, and Polygon joining.
Theo ($20M):
Theo secured $20M in a round backed by Hack VC, Anthos, and Manifold, though full details remain under wraps.

Other Notable Raises:

Analog: $15M
Arch Network: $13M
Tally: $8M
MagicBlock: $7.5M
Mask Network: $5M
Inco: $5M
Catalysis: $1.25M

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Breaking ! Pudgy Penguins Token Surges 167% Amid NFT Sales Boom

The Pudgy Penguins token has roared back, climbing to its highest price since February, fueled by a surge in NFT sales and rising trading volume.

Massive Rally:

The token soared over 167% this month, touching a high of $0.010. The 24-hour trading volume spiked 500% to $372 million, while the market cap hit $576 million. This rally rides the broader meme coin wave across Solana, where total meme coin market caps have surpassed $10 billion.

NFT Sales Explosion:

Pudgy Penguins NFTs saw a 400% sales jump in 24 hours, hitting $436,000, making it the fourth most popular collection globally, behind only DMarket, Panini America, and Guild of Guardians Heroes. Transactions rose 380% and buyers grew by 400%.

Long-Term Concerns:

Despite the pump, monthly Pudgy Penguin NFT sales are down 11% to $6.76 million, compared to historical peaks of millions daily. Cumulative sales still stand tall at $620 million.

PENGU Price Analysis:

PENGU is trading above the critical $0.0075 support and 50-period MA, signaling strength. However, the RSI above 80 suggests extreme overbought conditions. A pullback toward $0.0075 is possible before another bullish push towards $0.0115 if $0.010 resistance breaks.

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Breaking ! Bitcoin Soars 15% as Bond Vigilantes Shake Markets | Trump Retreats on Trade War Threats

Bitcoin is on an absolute tear, and the unlikely heroes behind it are the “bond vigilantes.”

These investors — first labeled by economist Ed Yardeni — shook the financial system by selling off bonds en masse after President Trump’s aggressive new tariffs announcement. The mass selloff spiked U.S. bond yields, forcing Trump to rethink his next moves.

Meanwhile, Bitcoin saw its moment to shine.
The world’s biggest crypto roared back to retest the critical $95,000 mark — its first real attempt in over a month.

Bond Vigilantes Save the Day 💥

When Trump announced heavy tariffs (especially targeting China), it set off panic across markets.
Bond vigilantes didn’t wait — they dumped bonds, sending:

10-year U.S. Treasuries to 4.585%
30-year yields brushing against a wild 5%

Higher yields = More expensive debt = Bad news for Trump’s massive tax cut dreams.

Trump himself admitted:
“The bond market is very tricky. I was watching it.”
Translation: Even the President was sweating.

Bitcoin and Crypto Markets Go Crazy 🚀

While Wall Street wrestled with bond chaos, Bitcoin turned into the real MVP.
In the last week alone:

Bitcoin (BTC) climbed sharply, aiming for the historic $100K milestone.
Brett (BRETT) on the Base blockchain skyrocketed 95% in seven days.
Other coins like Virtuals Protocol (VIRTUAL), Official Trump (TRUMP), and Dogwifhat (WIF) posted massive double-digit gains.

The total crypto market cap exploded to $3 trillion, making it crystal clear:
Crypto bulls are officially in beast mode.

Trump Cools Down Trade Talk

After bond vigilantes made borrowing costlier and riskier, Trump quietly shifted gears.
He backed away from firing Jerome Powell, the Federal Reserve boss (which would’ve wrecked U.S. market credibility) and hinted at a potential peace deal with China — even though Beijing played it cool, saying no talks were happening yet.

Bottom Line:

Bitcoin isn’t just riding the wave — it’s leading the financial rebellion right now.
If bond yields stay volatile and trade tensions cool further, Bitcoin could break $100K sooner than anyone expected.

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S&P 500 and Nasdaq Flex Hard While Dow Struggles to Keep Up | Alphabet and Tesla Lead The Charge

Wall Street wrapped up the week with major flexes from the S&P 500 and Nasdaq, while the Dow kinda dragged its feet.

The S&P 500 rose 0.5% to close out the week, and the Nasdaq popped 0.9% higher. The Dow Jones Industrial Average, though? It slipped behind, dropping a slight 47 points (basically 0.1%).

Alphabet (Google’s parent company) gave the markets a caffeine boost, smashing first-quarter earnings expectations. They clocked $90.23 billion in revenue and $2.81 EPS, dunking on estimates of $89.12 billion and $2.01 EPS. Investors clearly liked what they saw.

Meanwhile, Tesla caught serious fire, spiking nearly 10%. CEO Elon Musk helped the vibes by announcing he’s stepping away from his DOGE-related government gig. Plus, the U.S. Department of Transportation dropped new self-driving car rules that seem tailor-made for Tesla to win big.

Zooming Out: A Massive Week Overall

The S&P 500 skyrocketed over 4% this week, the Nasdaq did even better with a 6%+ explosion, and even the sluggish Dow managed a 2% uptick. Big tech absolutely carried the squad.

And guess who else is back on the leaderboard? Bitcoin.
BTC is posting its best week since November, charging up and aiming to retest the legendary $100,000 mark very soon.

But Yo, Trade Drama Still Lurking 👀

It’s not all sunshine — global trade is still mad chaotic.
President Trump and Chinese officials kept throwing mixed signals all week. One minute it’s all “deals are coming,” the next it’s “new tariffs incoming.” Investors stayed on their toes, but the market still found a way to W.

Big tech, crypto, and cautious optimism are the vibes right now.
Let’s see if next week keeps the rally going or if trade tensions pull the rug.

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INIT Token Skyrockets 325% After Launch — Hyperliquid Trader Makes $654K in Hours

Someone Just Cashed Out $654K in Hours on INIT — Insider or Genius Trader?

Crypto Twitter is low-key melting down after a Hyperliquid trader pulled off what looks like the cleanest snipe of the year. The trader went long on it , the native token of the Initia blockchain, just after it launched — and now they’re sitting on a $654K profit. Yeah… in just 15 hours.

The Setup

INIT dropped on April 24, launching on multiple crypto exchanges and instantly becoming the move. A post from Lookonchain spilled the alpha:

The trader went long on Hyperliquid with 2X leverage
Entry price was $0.638
It is now trading at around $0.8494 (+30.82% in 24 hours)
The trade made a $654,000 profit, per Hypurrscan

Also Checkout: Trump’s $TRUMP Token Blasts 56% After Announcing VIP Dinner for Top Holders

Insider Alpha or Just Luck?

Crypto sleuths are calling foul play, speculating that the trader might be tied to the Initia team. The timing is just too perfect — the position was opened minutes after the token started trading, right before the massive pump.

Whether it’s insider info or sharp instinct, the streets are watching. 🕵️‍♂️

INIT Token Stats (at press time):

Price: $0.8494
Volume: ~$1B in 24 hours
Market Cap: $126.35M
Rank: #304 on CoinMarketCap
From Binance Launch Price: $0.2 ➡️ $0.85 = +325%

It is clearly making waves across both centralized and decentralized exchanges — and it’s only been live for a day.

Bottom Line:

Whether you believe the trader is an insider or just cracked the code, this launch is the latest reminder that new token launches = wild opportunities (and even wilder drama).

Keep your eyes on this one. The blockchain is watching.

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Celsius Ex-CEO Alex Mashinsky Faces Sentencing May 8 — Jail Time Likely After Fraud Plea

t’s official — Alex Mashinsky, the former CEO of Celsius, is about to find out how many years he’s spending behind bars. His sentencing is locked in for May 8, 2025, after he pled guilty to a laundry list of fraud charges that shook the crypto world.

What’s He Being Charged With?

Mashinsky copped to a series of major crimes:

Securities fraud
Commodities fraud
Wire fraud
Straight-up market manipulation

Basically, Alex Mashinsky cooked the books, pumped CEL token artificially, and lied to investors about how Celsius was making money. Spoiler: it wasn’t.

Victim Voices Are Loud

Prosecutors dropped a massive file of 200+ victim statements, and the vibes are furious. Most people want the maximum sentence possible, with some even saying Alex Mashinsky should spend the rest of his life behind bars.

A few investors went soft and asked for mercy, but they’re clearly in the minority.

The Celsius Meltdown

At its peak in 2021, Celsius was managing a wild $25 billion. But that came crashing down once the truth hit. Turns out, Mashinsky:

Lied about the company’s financial health
Secretly sold his own stash of CEL tokens after inflating their value
Misled customers about investment strategies

Now, he’s agreed to return just $48 million, which barely scratches the surface of the damage done.

Legal Drama Continues

Mashinsky’s legal team was granted extra time to present “new evidence” — but let’s be real, it might be too little too late. This sentencing is set to become a major precedent for how crypto crimes get punished in court.

As the feds tighten their grip on crypto, Mashinsky’s case could be the blueprint for future crackdowns.

So yeah — May 8? Mark it. Crypto’s courtroom moment is coming.

Also Read: Pump and Dump Scam :UK Drug Gang Launches Memecoin to Launder Cash in

XRP Price Could 3x to $6.5 as Bullish Signals Flash — May 10 Breakout Incoming?

XRP Is Gearing Up to Moon — Could Hit $6.5 if May 10 Goes Right

If you’ve been sleeping on XRP, now might be the time to wake up — hard. Analysts are eyeing a major breakout that could send Ripple’s token flying to $6.5, marking a nearly 200% surge from where it’s chillin’ now.

Triangle Breakout Incoming?

A TradingView analyst known as Cryptarch_ is calling it: XRP is forming a Descending Triangle, a classic chart pattern that usually snaps upward when it ends. Combine that with Bitcoin absolutely pumping? You’ve got breakout vibes.

The Trading Plan:

💸 Buy-in price: $2.10
🛑 Stop-loss: $2.00
💰 Target: $6.50 (maybe $6.82 if we go full rocket mode)

It’s a risk-managed setup — perfect for traders who want in on the moonshot without losing their whole bag if it goes south.

Key Resistance Levels to Watch:

The chart maps out several horizontal purple lines where it will likely test resistance:

$2.49
$3.00
$3.39

But $3 is the real boss level here — the token popped off at that mark back on March 2, 2025. If it flips that into solid support, this rally could go from hype to real fast.

Save the Date: May 10

May 10, 2025 is the big one — it could either smash past $3 and rally or fall back to $1.61. It’s like final boss battle energy for Ripple, and everyone’s watching.

Don’t Forget BTC

Bitcoin is already flexing at $91,872. If BTC holds above $89K, it could give XRP and the whole altcoin squad that much-needed push. The stars (and charts) are aligning for a full-blown altcoin szn.

So if you’re feeling brave and bullish — eyes on XRP, fingers on the trigger.

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Trump’s $TRUMP Token Blasts 56% After Announcing VIP Dinner for Top Holders

Trump’s Hosting a VIP Dinner for $TRUMP Holders & The Token is Going Wild 🇺🇸

If you’re holding Donald Trump’s memecoin ($TRUMP), you might just score an invite to one of the most extra crypto events of the year. The former U.S. President is throwing a private dinner for the top 220 $TRUMP holders — and yes, people are going full ape.

Dinner Deets:

Set to go down on May 22 at the Trump National Golf Club in Washington, D.C., the event is invite-only and based on how much $TRUMP you’re holding between April 23 and May 12. A leaderboard is already live to track the top holders. Basically, the bigger your bag, the closer to Trump you get.

VIP Access Goals:

Top 220 holders = dinner invite
Top 25 = private reception w/ Trump + VIP White House tour
Top 15 = upgraded “YOUR FAVORITE PRESIDENT” moment, per the website

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And yeah, the vibes are 🔥. Since the announcement, $TRUMP spiked over 56%, jumping from around $9 to a peak of $13.13 with over $276M in trading volume in just 24 hours. The TRUMP/USDC pair alone has seen over 1,500 transactions today. That’s not a pump — it’s a rocket.

But Not Everyone’s Buying the Hype:

Some crypto watchers are calling this a “distraction” or a strategic play to “farm exit liquidity” from loyal fans. Still, the excitement is off the charts, and Trump supporters are doubling down, hodling hard for that dinner plate.

FYI — Trump first launched the $TRUMP token earlier this year, shortly before his latest inauguration. Melania followed up with her own token too, so yeah — it’s a whole crypto couple thing. Trump’s also hosted pro-crypto summits and stacked his team with blockchain-friendly people, signaling this ain’t just a meme move.

No word from the White House yet — but the blockchain? It’s already RSVP’d.

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Charles Hoskinson Drops Bomb on Ethereum – Says It Might Not Survive another 10 years

Charles Hoskinson Just Threw Major Shade at Ethereum

Ethereum’s got beef — and it’s coming from inside the house. Charles Hoskinson, OG co-founder of ETH and the mastermind behind Cardano, just dropped some savage takes in a recent AMA with Altcoin Daily. Spoiler: He’s not bullish on its future.

When someone asked him, “What would you have done differently if you were running the Ethereum Foundation?”, Charles didn’t hold back. He basically went full roast mode and called out:

Wrong protocols
Flawed accounting models
Problematic consensus models
Broken virtual machines
No proper on-chain governance
And a “parasitic” Layer-2 ecosystem

Yikes.

Ethereum = MySpace?

Charles literally said he doesn’t think it will survive another 10–15 years. Why? He believes Bitcoin’s DeFi game is leveling up fast and will start stealing the spotlight. Plus, its reliance on Layer-2s is apparently draining all its “alpha,” leaving the core chain to stagnate.

In his words:

“It’s like MySpace or BlackBerry — a victim of its own success.”

He also threw a little side-eye at Vitalik Buterin, suggesting it’s getting harder and harder for him to keep it together with just charisma and vibes.

Backstory moment: Hoskinson and Vitalik built the platform together in 2013, but Charles got booted the next year. His vision was to make it a for-profit company, while Vitalik was all about the nonprofit route. That drama still kinda lingers 👀

TL;DR:

Hoskinson thinks Ethereum’s got serious issues and might not make it to 2040. From bloated design to over-reliance on L2s and no real governance — it’s giving “end of an era” energy. And yeah, he thinks Bitcoin might just eat its lunch.

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