Sahil Poudel, Author at Bitmala

Breaking ! Bitcoin to Hit $120K in Q2, $200K by End of 2025, Predicts Standard Chartered

Bitcoin could be on the brink of a major rally, according to a bullish forecast from Standard Chartered’s Geoffrey Kendrick. In a new note published on April 28, Kendrick predicts that Bitcoin will surge to $120,000 in the second quarter of 2025, before climbing further to hit $200,000 by the end of the year.

Bitcoin: Whale Accumulation and Strategic Reallocation Fuel Optimism

Kendrick’s outlook is supported by several key factors: increasing BTC accumulation by whales, rising ETF inflows, and a shift in asset allocation away from U.S. bonds. Notably, the U.S. Treasury term premium—a metric that historically correlates with Bitcoin price movements—has reached a 12-year high, signaling strong demand for alternative assets like Bitcoin.

BTC’s past cycles have shown similar patterns, with sideways trading often leading to explosive price increases. The cryptocurrency is currently trading around $95,000, up nearly 7x from its lows in November 2022, reinforcing bullish sentiment.

Additionally, global banks such as Deutsche Bank and Standard Chartered are reportedly re-exploring crypto operations in the U.S., amid promises from former President Donald Trump to support the crypto industry if re-elected.

If Kendrick’s prediction holds, BTC would set a new all-time high at $120,000 in Q2 2025, setting the stage for further gains towards $200,000 by the end of next year.

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XRP Price Rises 1.15% Amid ETF Excitement: What’s Next for Ripple’s Token?

XRP has recorded a 1.15% increase over the past 24 hours, trading at around $2.22 as of April 27, 2025. This minor but important uptick comes as excitement grows over the upcoming launch of the ProShares Trust XRP ETF, set to debut on April 30.

XRP Nears Key Resistance as ETF Optimism Builds

It’s price action shows signs of growing strength. The token is approaching a crucial resistance zone between $2.30 and $2.40 — a region where selling pressure has historically emerged. If bulls can push XRP above this barrier with strong volume, it could open the door to a rally toward the next psychological level at $2.50 and potentially beyond.

Momentum indicators are currently bullish. The Relative Strength Index (RSI) sits near 64, suggesting there’s still room for further upside before entering overbought territory. Meanwhile, the MACD (Moving Average Convergence Divergence) is positive and trending higher, confirming the shift toward bullish momentum.

Volume has also started to pick up slightly, a positive sign that could indicate growing confidence among traders. Analysts caution, however, that failure to clear the $2.30 resistance could lead to a pullback toward $2.10 support.

Overall, XRP’s price structure looks promising ahead of the ETF launch, but market participants should watch for a decisive breakout to confirm the next major move.

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Top 5 Best Cryptocurrencies Today: Bitcoin Nears $94K, Ethereum Eyes $1,800, XRP Climbs Amid ETF Buzz

As of April 27, 2025, the cryptocurrency market showcases notable movements among its leading assets.

Cryptocurrencies: Bitcoin Steadies, Ethereum Shows Potential, XRP Gains Traction

Bitcoin (BTC): Trading at $93,941, Bitcoin remains stable within the $93K–$95K range, reflecting a market capitalization of $1.86 trillion.
Ethereum (ETH): Currently priced at $1,794.41, Ethereum is considered undervalued by analysts, suggesting potential for upward movement.
BNB: At $599.85, BNB faces resistance near the $600 mark, despite recent token burns aimed at reducing supply.
Solana (SOL): Trading at $149.17, Solana maintains its position amid discussions about its potential to climb higher in the crypto rankings.
XRP: Priced at $2.22, XRP has seen a 0.9% increase, bolstered by the SEC’s approval of the ProShares Trust XRP ETF, set to launch on April 30.

The overall market sentiment remains cautiously optimistic, with investors closely monitoring these developments for potential opportunities. Cryptocurrencies are the future of money system and their price fluctuation must be studied for a greater result or yield.

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Insane ! NFT Market Sees $89.4M in Weekly Sales as CryptoPunks Surge 106%

The NFT market recorded $89.4 million in sales this week, marking a significant activity in the digital collectibles space. Notably, CryptoPunks emerged as a standout performer, with sales volume soaring by 106%, highlighting renewed investor interest in this iconic collection.

NFT: CryptoPunks Lead the Charge Amidst Market Fluctuations

CryptoPunks, one of the earliest and most renowned NFT collections, saw its sales volume increase by 106%, reaching $6.3 million. This surge underscores the collection’s enduring appeal and the growing demand for blue-chip NFTs.

While CryptoPunks experienced a significant uptick, other collections like Guild of Guardians Heroes and DMarket faced declines of 1.8% and 18.3%, respectively. These mixed results indicate a selective market where established collections are gaining traction.

The overall market’s performance reflects a dynamic environment, with certain segments experiencing growth while others face challenges. Investors and enthusiasts are closely monitoring these trends to identify emerging opportunities in the digital asset space.

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Breaking ! TON to Shut Down It’s coin Bridge on May 10 as DeFi Ecosystem Matures

The Open Network ( has announced it will officially retire the Toncoin Bridge on May 10, 2025. After this date, users will no longer be able to bridge Toncoin between the blockchain and Ethereum or BNB Smart Chain.

Bridge Retirement Marks TON’s Growing DeFi Independence

It’s decision to sunset the bridge comes as its own decentralized finance (DeFi) ecosystem flourishes. Originally, the bridge played a critical role when the coin was not widely available on centralized exchanges. It allowed users to move it’s coin to Ethereum or BNB Smart Chain and access DEX platforms like Uniswap and PancakeSwap.

However, with the launch of It’s own DeFi platforms and integrations with cross-chain services like LayerZero, Stargate, and Symbiosis, the need for the bridge has declined. It’s maturing infrastructure now enables users to interact natively without leaving the ecosystem.

Users who have already bridged their assets will still be able to claim them even after the May 10 shutdown. Bridging it’s coin into TON is also still active for now but will soon be phased out, with more updates promised.

The Toncoin Bridge processed nearly 32,000 transfers, bridging over 101 million of the coins across networks. Its retirement symbolizes it’s shift toward newer cross-chain technologies that prioritize security, scalability, and efficiency.

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Breaking ! What Happened in the Crypto Market Today? April 26, 2025

The cryptocurrency market on April 26, 2025, presents a mixed landscape, with leading digital assets experiencing varied price movements influenced by institutional activities and market dynamics.

Bitcoin and Ethereum Steady Amid Institutional Moves; Solana and XRP Show Volatility in Crypto Space

Bitcoin (BTC) is trading at $84,333, reflecting a 1.66% decrease over the past 24 hours. Notably, a significant transfer of 2,000 BTC (approximately $188.46 million) from HTX to Binance by Justin Sun has caught market attention.

Ethereum (ETH) stands at $1,801, down 0.93% in the last day. Despite the dip, Ethereum has seen its highest daily inflow since February 4, 2025, signaling renewed investor interest.

Binance Coin (BNB) is currently priced at $671.34, marking a 3.89% gain in the past 24 hours. The coin has outperformed the broader market, with a 4.04% increase against Bitcoin.

Solana (SOL) has experienced a notable transaction, with 117,913 SOL (valued at $18.26 million) deposited to Kraken by Pumpdotfun, potentially impacting its price dynamics.

XRP is showing signs of bullish momentum, with price predictions suggesting a potential rise to $2.50–$3.00 by April 2025, contingent on favorable legal outcomes and increased institutional adoption.

Overall, the crypto market today reflects a blend of stability and volatility, influenced by significant transactions and evolving investor sentiment.

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Ethereum Holds Steady at $1,801 Amid Renewed Institutional Interest

Ethereum (ETH) is currently trading at $1,801, reflecting a modest decline of 0.93% over the past 24 hours. Despite this slight dip, the cryptocurrency maintains a strong position, bolstered by significant institutional investments and ETF inflows.

Institutional Investments and ETF Inflows Support Ethereum’s Stability

Recent reports indicate that major financial institutions, including BlackRock and Fidelity, have made substantial investments in ETH. BlackRock’s purchase of $54 million and Fidelity’s acquisition of $35.9 million worth of ETH underscore a growing institutional confidence in the asset.

Additionally, ETH ETFs have experienced significant inflows, with nearly 57,900 ETH valued at approximately $104.1 million being purchased without any outflows. These developments suggest a positive outlook for ETH’s long-term value.

Technical analysis reveals that Ethereum is currently testing key resistance levels around $1,800. The cryptocurrency’s ability to maintain its position above this threshold, despite recent market fluctuations, indicates a resilient support base.

As the broader cryptocurrency market continues to evolve, Ethereum’s stability and the renewed interest from institutional investors may play a crucial role in its future performance.

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New York Man Jailed for $12M Crypto Scam, Faces 18 Years Behind Bars

Crypto Scam: Eugene William Austin Jr., better known as “Hugh Austin,” has been sentenced to 18 years in federal prison for orchestrating a multi-million dollar crypto fraud scheme that scammed more than two dozen victims out of $12 million.

New York Man Misled Investors with Fake Deals leading a Crypto Scam

The Justice Department also confirmed that his son, Brandon Austin, received a four-year prison sentence earlier in connection to the same crypto scam.

According to U.S. Attorney Jay Clayton, Austin deceived entrepreneurs and investors with fake promises of profitable cryptocurrency investments, short-term trading deals, and bogus brokerage services. He also falsely claimed access to funding from wealthy investors that never existed.

Instead of investing the victims’ money, Austin used the funds for personal indulgences, including luxury hotels, flights, restaurants, and other high-end expenses.

A federal jury convicted Austin in September 2024 on multiple charges including conspiracy to commit wire fraud, money laundering, and transporting stolen property across state lines. The sentencing was carried out by U.S. District Judge P. Kevin Castel.

Austin, 62, of Port Jefferson, New York, will also serve three years of supervised release, forfeit over $6 million in assets, and pay $12.6 million in restitution to the victims.

“This Office will continue to pursue those who exploit trust and use cryptocurrency as a cover for fraud,” said Clayton, praising the efforts of Homeland Security Investigations and the Complex Frauds and Cybercrime Unit.

The case was prosecuted by Assistant U.S. Attorneys Olga Zverovich, Matthew Weinberg, and Andrew Chan.

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PENGU Price Soars 40%, Breaks Key Resistance with $0.015 in Sight

PENGU, the memecoin inspired by the popular Pudgy Penguins NFT collection, has surged over 40% in the past 24 hours, breaking free from a weeks-long consolidation phase. The price is currently testing resistance at the $0.008–$0.010 range, which was a significant breakdown point back in early March.

Memecoin PENGU blasts out of weeks-long sideways trading, backed by bullish indicators and ETF approval rumors.

After trading between $0.004 and $0.006 for nearly two months, the breakout came on strong trading volume and bullish technical indicators. The Relative Strength Index (RSI) has crossed above 70, showing strong buying momentum, while the MACD has flipped bullish with a clean crossover — both MACD and signal lines trending sharply upward.

Importantly, PENGU has now closed above its 20-day EMA and 50-day SMA for three consecutive days — something not seen in months — suggesting a potential shift in trend. Volatility has returned, as seen by the Average True Range (ATR) ticking up since April 21.

Should PENGU break through the current $0.010 resistance zone and hold above it with convincing volume, the next price target is $0.015. This psychological barrier last acted as a resistance back in January. Beyond that, a more aggressive target of $0.022 emerges — a level where previous horizontal support formed before the market correction.

A major bullish catalyst on the horizon is the potential approval of a PENGU ETF reportedly filed by Canary Capital. While details are limited, speculation around the ETF has already begun fueling market excitement.

As interest in memecoins grows and retail traders return to the market, PENGU could be on track for a notable run — if it clears these technical and psychological hurdles.

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Bitcoin Rally Continues With Price Surging Past $95K

Bitcoin (BTC) has surged to $95,045, marking a 1.88% increase in the past 24 hours. The world’s top cryptocurrency continues its rally after bouncing back from an early April low of around $76,000, showing renewed strength across the digital asset market.

Bitcoin Nears $95K as Bullish Momentum Pushes Crypto Market Higher

This upward trend is being driven by a mix of macroeconomic factors and strong investor confidence. Growing speculation around potential Federal Reserve interest rate cuts, combined with institutional adoption and a general bullish sentiment in crypto, has brought fresh energy to the market.

Investment firm ARK Invest recently reaffirmed its bullish stance on Bitcoin, predicting the asset could reach anywhere between $300,000 to $1.5 million by the end of the decade. This long-term optimism is encouraging many retail and institutional players to hold onto their positions or add more BTC to their portfolios.

On the technical side, Bitcoin has broken out of a four-month-long falling wedge pattern and has closed above its 200-day moving average. Analysts also point out that the Relative Strength Index (RSI) is holding above 50, indicating sustained bullish momentum.

But not everything is clear skies. Analysts are eyeing the key psychological resistance of $100,000. A clean breakout above that level could open the path to $107,000, while any pullback might find support around $85,000 or even $76,000.

For now, Bitcoin’s strong performance is bringing positive energy to the broader crypto market, with other digital assets like Ethereum and Solana also posting notable gains. As BTC edges closer to $100K, the crypto world is watching closely to see if it can break through and set new all-time highs in 2025.

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