Sahil Poudel, Author at Bitmala

Hope? Bitcoin Price Analysis: BTC Holds Above $94K Amid Institutional Momentum

Bitcoin Price, As of May 5, 2025 is trading at approximately $94,121, reflecting a slight decrease of 1.4% over the past 24 hours. Despite this minor dip, the cryptocurrency continues to exhibit resilience, bolstered by ongoing institutional interest and favorable market conditions.

Will Bitcoin Reach $100K Again Before June ?

Institutional Investments Fuel Confidence

Recent significant purchases by major firms underscore the growing institutional confidence in Bitcoin. Strategy, formerly known as MicroStrategy, acquired an additional 1,895 BTC for $180.3 million, bringing its total holdings to 555,450 BTC. Similarly, Semler Scientific invested $16.2 million to purchase 167 BTC, marking its entry into Bitcoin as a treasury asset.

Technical Outlook and Market Sentiment

Technical analyses indicate that Bitcoin is maintaining its position above key support levels, suggesting potential for upward movement. Analyst AltcoinGordon highlights a target of $220,000, citing strong technical signals. Additionally, Crypto Rover notes that Bitcoin’s price action is consolidating near critical support, signaling an imminent move.

Future Projections

Looking ahead, various analysts project significant growth for Bitcoin Price. Standard Chartered anticipates a price of $200,000 by the end of 2025, while Fundstrat’s Tom Lee forecasts a rise to $250,000, driven by increased institutional adoption and favorable regulatory developments.

Conclusion

Bitcoin’s current stability above $94,000, coupled with substantial institutional investments and optimistic forecasts, suggests a positive outlook for the cryptocurrency. As market dynamics evolve, Bitcoin remains a focal point for investors seeking exposure to digital assets.

The Bitcoin price or The price of BTC seems to be stable for now but hopes are high as May is just getting started.

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Insane ! Strategy Buys More Bitcoin for $180M, Now Holds 555,450 BTC

Strategy, formerly known as MicroStrategy, has purchased 1,895 more Bitcoin worth $180.3 million, according to a filing submitted to the U.S. Securities and Exchange Commission on May 5, 2025. The acquisition took place between April 28 and May 4 at an average price of $95,167 per Bitcoin.

Strategy Goes Ballistic, Saylor’s Next Move?

X post Regarding Strategy/Saylor Buying BTC

Stock-Fueled Bitcoin Accumulation Continues

The company funded this purchase by raising capital through two stock sale programs—earning $128.5 million from common shares and $51.8 million from STRK preferred stock. These funds were raised under a prior offering plan, which has now been completed. Strategy has already launched a new stock sale initiative to continue raising capital throughout the year.

Following this latest acquisition, Strategy’s total Bitcoin holdings now stand at 555,450 BTC, acquired at a combined cost of $38.08 billion. This puts its average purchase price at $68,550 per Bitcoin. With BTC currently trading near $96,000, the company’s holdings are now worth over $52 billion.

Just last week, Strategy made a significantly larger purchase—buying 15,355 BTC for $1.42 billion. The company has consistently added Bitcoin to its balance sheet nearly every week since the beginning of 2025. These efforts have yielded a 14% return on its Bitcoin holdings so far this year. Strategy has set a target to achieve a 25% return, which would translate to a $15 billion profit.

Looking ahead, the company plans to raise up to $84 billion by 2027 through a combination of stock and bond offerings to further increase its Bitcoin reserves. A real-time dashboard on the company’s website tracks its BTC activity and current valuation.

Semler Scientific Joins the Bitcoin Movement

In a similar development, Semler Scientific, a health-tech firm, has announced the purchase of 167 Bitcoin for $16.2 million at an average price of around $97,000 per coin. The company said this investment is part of its long-term strategy to protect against inflation and preserve value by holding strong financial assets like Bitcoin.

More Companies Could Follow

Analysts at Bernstein suggest that Strategy’s aggressive Bitcoin Tactic, now mirrored by Semler Scientific, could inspire other corporations—especially those with cash reserves and slower growth—to add Bitcoin to their balance sheets. As institutional adoption picks up, the role of BTC as a treasury asset continues to gain momentum.

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Curve Finance’s X Account Hacked to Promote Fake CRV Airdrop

Curve Finance’s official X account was compromised earlier today in a security breach that promoted a fake CRV token airdrop. The post, since deleted, falsely announced Curve’s “first CRV airdrop” and included a link appearing to direct users to Curve’s website.

Curve Finance’s X Account Hacked and What it causes and signifies

X post regarding the hack of Curve Finance X account

Fake Airdrop Sparks Panic

The fraudulent tweet invited users to register before a midnight UTC snapshot on Sunday, promising “rewards” and urging action within a week. Though the link resembled Curve’s authentic domain, the Curve team quickly confirmed the message was fake.

Founder Issues Warning

Curve founder Michael Egorov confirmed the hack on his personal account, writing: “Confirmed: Curve X account hacked. No other account appears to be hacked — the control over the X account was just silently taken by someone.” He advised followers to avoid any links from the Curve X account until the team regains access.

Community Confirms Compromise

Crypto analyst CrediBULL crypto also posted a warning, sharing a screenshot of the fake tweet and urging followers not to engage with it. The deceptive post included professionally designed visuals that mimicked typical airdrop promotions, adding to its believability.

Unclear How Hack Occurred

It remains uncertain how the hacker accessed Curve’s X account. There is no confirmation yet whether the breach was due to phishing, leaked credentials, or social engineering. As of now, Curve’s core platforms and services remain unaffected.

Stay Vigilant

Until control is officially restored, users are advised to avoid engaging with the @CurveFinance X account and to rely solely on Curve’s verified website and Telegram for updates. The incident highlights ongoing security risks in the crypto space, especially as scammers use realistic-looking airdrops to lure victims.

Sad and very upsetting to say but Curve Finance is not the first one and is definitely isn’t the last one to get their account hacked. Such lack of proper and bullet proof security has made it difficult to share information in any social media platform even for us Normal humans let alone some organization like Curve Finance

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Breaking ! What Happened in the Crypto World Today – May 4, 2025

On May 4, 2025, the cryptocurrency market showcased a blend of optimism and caution, with significant movements across major digital assets and notable developments influencing investor sentiment.

CRYPTO WORLD AS OF MAY 4, 2025

Bitcoin Approaches $96K Amid ETF Optimism

Bitcoin (BTC) traded at approximately $95,523, experiencing a slight dip of 0.86% over the past 24 hours. Despite the minor decline, the leading cryptocurrency maintains a strong position, bolstered by ongoing discussions surrounding potential ETF approvals and institutional interest.

Ethereum and BNB Experience Minor Fluctuations

Ethereum (ETH) hovered around $1,831.95, marking a negligible decrease of 0.07%. Similarly, Binance Coin (BNB) saw a modest drop of 1.6%, trading at $589.32.

XRP Gains Momentum with Mastercard Endorsement

XRP remained steady at $2.20, with a slight decrease of 0.45%. The token garnered attention as Mastercard identified XRP as a key bridge asset in cross-border transactions, enhancing its credibility and adoption prospects.

Cardano (ADA) Shows Resilience

Cardano’s ADA token traded at $0.6918, reflecting a 4.34% decrease. Despite the dip, ADA’s recent developments and community engagement continue to support its long-term growth trajectory.

Sui’s DeFi Expansion Signals Potential Rally

Sui’s native token exhibited signs of a bullish breakout, driven by positive funding rates and a surge in DeFi asset integration. The platform’s growing ecosystem indicates increasing investor confidence and potential upward momentum.

Market Outlook

The global cryptocurrency market cap experienced a slight contraction of 0.9%, settling at $3.12 trillion. While major assets showed mixed performances, the market’s overall resilience and ongoing institutional interest suggest a cautiously optimistic outlook for the coming days.

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Breaking ! Trader’s $111K Loss in 5 Minutes Highlights the Dangers of FOMO in Crypto

A crypto trader has become the latest cautionary tale in digital asset trading after losing $111,000 in just five minutes due to a rash FOMO-driven decision. The event underscores the harsh consequences of emotional trading in low-liquidity tokens, especially within meme coin circles.

Low Liquidity, High Risk: The Trader $POPE Incident

Blockchain analytics platform Lookonchain revealed that the trader spent 200,000 USDC to purchase POPE, a trending meme coin with low liquidity. Moments after the purchase, the token’s price plummeted, triggering a panic-sell. The trader liquidated their position for just $89,000, taking a staggering 55% loss in under five minutes.

The rapid collapse of POPE’s price reflects the inherent instability of small-cap altcoins, especially those driven by social media hype rather than fundamentals. These tokens are frequently targeted by whales and manipulators due to their ease of movement with relatively little capital.

The fear of missing out (FOMO) remains a leading psychological driver behind such trades. Investors, often influenced by online chatter and viral posts, dive into trending assets without due diligence. When prices inevitably reverse or manipulation kicks in, losses can be swift and devastating.

With the total crypto market cap now at $3.09 trillion, as reported by CoinGecko, opportunities for profit are abundant—but so are the risks. This incident serves as a reminder that speculative markets demand clear strategies and emotional discipline.

As meme coins like POPE continue to generate buzz, traders are urged to stay cautious, avoid impulsive entries, and always assess liquidity before making large trades.

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Breaking ! Cardano Could Hit $1.17 as ETF Approval Odds Reach 75%

Cardano (ADA) is showing signs of a potential breakout as trading activity and ETF speculation fuel bullish sentiment across the market.

Cardano Price Targets $1.17 Amid Rising Volume and ETF Hype

Cardano is currently trading at $0.70, up nearly 40% from its April low. This steady price recovery has pushed ADA above key support levels, and analysts are pointing to a breakout in May if momentum continues.

Trading volume has been particularly strong, with ADA spot trades hitting $700 million on Thursday according to Coinglass. On April 25, volume spiked past $1 billion, reflecting heightened demand and active market participation. This surge in volume—paired with rising prices—often signals that more buyers are entering the market than sellers, a strong bullish indicator.

In the futures market, open interest has climbed to $782 million, significantly higher than the $576 million low seen in April. A funding rate of 0.65% shows that traders are betting on price increases and are willing to pay to keep their long positions open.

Technical analysis adds to the optimism. ADA recently broke out of a falling wedge pattern and confirmed a bullish inverse head and shoulders formation on its daily chart. If the current momentum continues, the next major resistance levels lie at $0.81, $1.17, and potentially $1.30.

Meanwhile, speculation over a Cardano ETF is intensifying. Bloomberg analysts have raised the odds of ADA receiving its own U.S. spot ETF to 75%, a move that could dramatically reshape investor sentiment and institutional adoption.

Still, some challenges remain. ADA has yet to reclaim its March highs, and on each approach to the $0.70 level, profit-taking has slowed momentum. Santiment data also shows a rise in the NVT ratio, indicating a high valuation relative to transaction activity—often a sign of overbought conditions.

While the outlook is promising, ADA’s next move will depend on sustained volume, market sentiment, and whether ETF approval speculation turns into regulatory action.

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Best Cryptocurrencies to Watch in May 2025: Key Players and Emerging Trends

As the cryptocurrency market continues to evolve, May 2025 presents a landscape rich with potential. Investors and enthusiasts are closely monitoring several key cryptocurrencies that are showing promising developments. Here are the top cryptocurrencies to watch this month:

Cryptocurrencies to Look Out for in May 2025

Bitcoin (BTC): Approaching the $100,000 Milestone
Bitcoin has rebounded significantly, reaching over $97,000—its highest in over two months—and edging closer to the psychological $100,000 mark. This surge came on the heels of reports that investment bank Morgan Stanley may introduce spot cryptocurrency trading to its E*Trade platform and news that MicroStrategy, the largest corporate bitcoin holder, plans to buy more via a $21 billion equity offering. These developments come amid investor concerns about U.S. trade policies under the Trump administration. Bitcoin has risen approximately 30% from April lows, showing signs of functioning as a safe haven during market volatility.

Ethereum (ETH): Advancements in Scalability and DeFi Integration
Ethereum continues to solidify its position as a foundational platform for decentralized applications and finance. With ongoing enhancements aimed at improving scalability and reducing transaction costs, Ethereum is attracting a growing number of developers and users. The expansion of its Layer-2 solutions further reinforces its potential for long-term success.

Cardano (ADA): Anticipation of ETF Approval and Network Upgrades
Cardano is gaining attention with a 75% estimated chance of securing a U.S. spot ETF approval. This optimism is bolstered by its recent price increase and growing trading volumes. Cardano’s commitment to a scientific approach and its focus on sustainability and scalability continue to attract interest from both institutional and retail investors.

Solana (SOL): High-Speed Transactions and Ecosystem Growth
Solana is making waves again, climbing above $200 in 24 hours following a 10% increase. SOL is now trading at $208.83, and bullish projections continue to pour in. This momentum comes after Bitcoin rallied back to $97k and pushed up the price of altcoins market-wide. However, the buzz isn’t just about price action. Polymarket bettors now give a 78% chance of SEC approval for Solana ETFs this year. Big names like Grayscale, VanEck, 21Shares, Bitwise, and Canary Capital have all filed applications, highlighting growing confidence in Solana’s future.

Fetch.ai (FET): Bridging AI and Blockchain Technologies

Live price for one of the cryptocurrencies as of May 5 2025

Fetch.ai is gaining traction by integrating artificial intelligence with blockchain technology. The platform enables the creation of decentralized autonomous agents that can perform tasks like data sharing, trading, and infrastructure optimization. As AI adoption surged in 2024, Fetch.ai gained attention for its practical applications, including smart city infrastructure and supply chain automation. Focusing on real-world utility and cutting-edge technology, Fetch.ai remains a top contender for 2025.

These here mentioned before are the Cryptocurrencies with the most potential in future marking those as the best cryptocurrencies to look out for in 2025.

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XRP Whales Buy $900M Worth of Tokens, Fueling Price Surge Predictions

Ripple’s XRP is making headlines as crypto whales—large-scale investors—have accumulated approximately 900 million tokens over the past month, signaling potential bullish momentum in the near future

Whale Activity Sparks Hopes of 35% XRP Rally

According to data shared by crypto analyst Ali Martinez, the recent surge in whale activity shows strong institutional and high-net-worth interest in XRP. This buying spree has pushed investor optimism despite lingering legal uncertainty around Ripple’s case with the U.S. Securities and Exchange Commission (SEC).

April 2025 was a mixed month for XRP. Market fluctuations were fueled by rumors of a new SEC chair and delayed decisions around a potential XRP ETF. Despite this regulatory fog, Ripple gained 5% during the month, increasing its market dominance to 4.398%—placing it just behind Bitcoin, Ethereum, and Tether in terms of market cap.

Analysts suggest that if Ripple maintains its support level of $2.20, it could target the next resistance at $2.50. Should bullish sentiment continue, the token may even reach the $3 mark by the end of May.

While excitement is growing around Ripple’s future—especially the potential launch of an ETF—experts caution that market performance still depends on regulatory developments and continued whale accumulation.

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Crypto Scam in Nigeria, EFCC Declares Foreigner Wanted for Over $800M

The Economic and Financial Crimes Commission (EFCC) has launched a manhunt for Elie Bitar, a 41-year-old foreign national, who is accused of orchestrating one of Nigeria’s largest crypto scams through a platform called Crypto Bridge Exchange (CBEX).

$812M Crypto Scam Through CBEX Promised Fake Returns

According to the EFCC, Bitar allegedly defrauded Nigerians of ₦1.3 trillion (approximately $812 million) by operating CBEX, an unlicensed trading platform that offered unrealistic investment returns. The platform promised to double users’ funds within 30 days, attracting over 600,000 unsuspecting investors.

Though CBEX was registered with Nigeria’s Corporate Affairs Commission and listed with the EFCC’s Special Control Unit Against Money Laundering, it was not licensed by the Securities and Exchange Commission (SEC), making its operations illegal.

The EFCC issued a public notice stating that Bitar’s last known address was Eng. George Enemoh Crescent, Lekki Phase 1, Lagos, and urged anyone with information to contact their offices nationwide. The commission’s spokesperson, Dele Oyewale, reaffirmed their commitment to protecting Nigerians from such scams.

CBEX had previously been flagged by Hong Kong regulators in 2024 for using fake licensing credentials, but Nigerian authorities reportedly took no action at the time.

The platform followed a similar scheme to past scams such as MMM and MBA Forex, using trendy keywords like “crypto” and “AI” to lure in victims. Experts estimate that Nigeria has lost over ₦2 trillion to similar fraudulent ventures over the past decade.

Will Crypto Scam ever come to a halt ?

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Top 5 Best Altcoins of All Time: Ethereum, BNB, XRP, Cardano, and Solana

As the cryptocurrency market continues to evolve, several altcoins have established themselves as significant players alongside Bitcoin. Among these, Ethereum (ETH), Binance Coin (BNB), XRP, Cardano (ADA), and Solana (SOL) have consistently demonstrated substantial market capitalization and adoption.

Top 5 Altcoins of All Time

Ethereum (ETH): Launched in 2015, Ethereum introduced the concept of smart contracts, enabling decentralized applications (dApps) to run on its blockchain. With a current price of $1,863.49, Ethereum maintains a strong position in the market.

Altcoin : Ethereum price as of March 1st 2025

Binance Coin (BNB): Initially created to facilitate trading fee discounts on the Binance exchange, BNB has expanded its utility within the Binance ecosystem. Currently priced at $603.02, BNB continues to be a significant altcoin.

XRP: Developed by Ripple Labs, XRP aims to facilitate fast and low-cost international money transfers. With a current price of $2.24, XRP remains a prominent digital asset in cross-border payments.

Cardano (ADA): Founded by Ethereum co-founder Charles Hoskinson, Cardano emphasizes a research-driven approach to blockchain development. Its proof-of-stake consensus mechanism offers an energy-efficient alternative to traditional mining. ADA is currently priced at $0.708.

Solana (SOL): Known for its high-speed transactions and low fees, Solana has become a preferred platform for decentralized applications and NFTs. With a current price of $152.23, Solana continues to attract developers and investors.

These altcoins have not only achieved significant market capitalization but have also contributed to the diversification and innovation within the cryptocurrency ecosystem. Their continued development and adoption suggest a promising future in the digital asset landscape.

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