AVAX has recently broken free from months of bearish control, showing signs of a bullish reversal that could signal a significant shift in its macro price structure. After spending a considerable amount of time under the pressure of a descending…

Avalanche breaks through resistance: is this the start of a rally to $28.70?

Ethereum has officially broken key technical resistance, pushing above the 
$1,800 mark and signaling a return of bullish momentum. After weeks of 
uncertainty and selling pressure, this breakout suggests a possible shift in 
trend, with bulls now eyeing a reclaim of the critical $2,000 psychological 
level. Despite ongoing global tensions and the shadow of a trade war between 
the US and China, crypto markets are showing resilience, and Ethereum is 
leading the charge. Related Reading: XRP Network Activity Jumps 67% In 24 
Hours – Big Move Ahead? According to data from IntoTheBlock, Ethereum’s market 
cap surged by 12% in the last 24 hours, highlighting renewed investor interest 
and capital inflows. On-chain indicators further support the bullish case, 
with the platform noting only modest resistance ahead. The largest 
concentration of potential selling pressure sits near $1,860, a level that 
could be cleared quickly if current momentum holds. While macroeconomic 
uncertainty remains a risk, Ethereum’s breakout above $1,800 and the 
relatively clear path to higher levels have traders optimistic. If ETH can 
maintain strength and climb past $1,860, the next stop could be above higher 
supply levels. With bullish energy building across the crypto market, 
Ethereum’s latest move could be the start of something much bigger. Ethereum 
Bulls Target $2,000 As Resistance Weakens Ethereum is setting up for a major 
move as price action shows clear strength emerging from low-demand zones. 
After weeks of choppy consolidation and bearish sentiment, the second-largest 
cryptocurrency by market cap is gaining momentum, hinting at a broader trend 
reversal. While global markets remain under pressure from rising geopolitical 
tensions, particularly the intensifying trade conflict between the US and 
China, Ethereum and other altcoins are showing signs of decoupling from 
traditional financial markets. This shift is encouraging investors who 
previously exited risk assets to re-enter with cautious optimism. Ethereum, in 
particular, is benefiting from renewed on-chain activity and increased buying 
pressure. According to IntoTheBlock, Ethereum has little standing in its way 
toward higher levels, with only modest resistance ahead. The largest potential 
sell wall has formed near the $1,860 mark, a key zone that could soon be 
tested. If bulls manage to break through this resistance level, the path to 
the psychological $2,000 level becomes significantly clearer. Given the 
strength of the recent rally and improving market structure, such a move is 
well within reach. Momentum is building, and Ethereum is once again emerging 
as a leading asset in what could become the next leg of the crypto bull cycle. 
Related Reading: Ethereum Holds Above MVRV Band Low – A Final Dip Before 
Recovery? ETH Breaks Above Key Moving Averages Ethereum is trading at $1,800, 
showing strong momentum after breaking above both the 4-hour 200 MA and EMA 
for the first time since January. This technical breakout marks a shift in 
short-term trend structure, as bulls regain control of the market following 
weeks of bearish pressure. Now, the key challenge is holding the $1,750 
level—precisely where both moving averages converge—making it a critical zone 
for confirming continued upside. A decisive move above the $1,800 level would 
further validate the breakout and open the door for a test of the $2,000 
psychological barrier. This would signal renewed market confidence and 
potentially trigger a wave of new buying interest. However, if Ethereum fails 
to maintain its position above $1,750 or faces resistance near $1,800, the 
asset could enter a consolidation phase. This would likely extend the current 
range-bound trading between $1,700 and $1,850, delaying any swift return to 
higher valuations. Related Reading: Solana Short-Term Indicator Signals 
Potential Risk – Reversal Or Pause? For now, the technical setup is favorable. 
But the next few sessions will be crucial in determining whether ETH can 
maintain its gains and reclaim $2,000—or if it needs more time to build 
strength beneath that key resistance. Featured image from Dall-E, chart from 
TradingView

Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point To Modest Resistance Ahead

More than 15 crypto firms are storming the gates for banking licenses as U.S. 
regulators ease restrictions, opening direct access to federal payment systems 
and legitimacy. Banking Regulators Ease Rules, Trigger Rush From 15+ Crypto 
Firms More than a dozen crypto firms are reportedly applying for banking 
licenses with the Office of the Comptroller of […]

Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening

Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack 
Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking 
to supplant Michael Saylor&#8217;s Strategy to become the &#8220;superior vehicle for 
investors seeking capital-efficient Bitcoin exposure.&#8221;
Twenty One revealed it plans to launch with 42,000 Bitcoin (BTC) (worth $3.9 
billion) with roughly 23,950 BTC coming from Tether, 10,500 BTC from Softbank 
and 7,000 BTC from Bitfinex, which will be converted into equity at $10 per 
share, according to an April 23 statement.
The firm is seeking a public listing via a blank-check merger with Cantor 
Equity Partners and will trade under the ticker XXI on the Nasdaq once it 
finalizes an agreement with investors to raise $585 million through 
convertible bonds and equity financing.
&#8220;Our mission is simple: to become the most successful company in Bitcoin, the 
most valuable financial opportunity of our time. We&#8217;re not here to beat the 
market, we&#8217;re here to build a new one,&#8221; said Mallers, the founder and CEO of 
Bitcoin payments-focused firm Strike.
&gt; &#8220;A public stock, built by Bitcoiners, for Bitcoiners.&#8221;
Twenty One specifically compared its business model to Strategy&#8217;s in an 
investor presentation to the US Securities and Exchange Commission, claiming 
it is potentially a &#8220;superior vehicle for investors seeking capital-efficient 
Bitcoin exposure.&#8221;
It claimed that Strategy&#8217;s ability to create shareholder value through future 
Bitcoin purchases will be limited because the firm &#8212; which holds 534,741 BTC 
&#8212; would need to make even larger investments to increase its Bitcoin Per 
Share, or BPS, thus diminishing the per-share dollar impact of future capital 
deployments.
Twenty One said it would be a more &#8220;pure play&#8221; for investors seeking Bitcoin 
exposure with Bitcoin-native operations and more &#8220;flexibility&#8221; for strategic 
capital raises.
_Twenty One Capital &#8216;s comparison of its Bitcoin treasury plan with that of 
Strategy&#8217;s. Source: __SEC_
A launch of 42,000 Bitcoin would make Twenty One the third-largest corporate 
Bitcoin holder, trailing only Strategy and Bitcoin mining firm MARA Holdings, 
which holds 47,600 BTC, according to BitcoinTreasuries.NET data.
## Twenty One plans to do more than just stack Bitcoin
Twenty One also intends to build out several Bitcoin-focused offerings, 
including Bitcoin debt and equity products, an advisory service, a lending 
platform and an educational platform.
&#8220;Twenty One&#8217;s mission will be to accelerate Bitcoin adoption and Bitcoin 
literacy at both institutional and retail levels,&#8221; the firm said.
_**Related:**__**Bitcoin ETF inflows top 500 times 2025 average in 
&#8216;significant deviation&#8217;**_
The firm will also partner with industry players to host Bitcoin conferences.
_Twenty One Capital &#8216;s three-stage business plan. Source: __SEC_
The news sparked a massive 54.2% price rally in Cantor Equity Partners (CEP) 
shares to $16.50 on April 23 and has risen another 25.1% in after-hours, 
Google Finance data shows. CEP will convert to XXI once the $585 million 
agreement is completed.
The venture strengthens Tether&#8217;s ties with Cantor, which manages US Treasury 
reserves backing Tether&#8217;s USDT, which boasts a market cap of $145.3 billion. 
Cantor also owns a 5% stake in the stablecoin issuer.
Twenty One will be majority-owned by Tether and crypto exchange Bitfinex, 
while Japanese investment holding firm SoftBank will own a &#8220;significant&#8221; 
minority share.
_**Magazine:**__**Ethereum maxis should become &#8216;assholes&#8217; to win TradFi 
tokenization race**_

Strike’s Mallers to head firm seeking superior Bitcoin play to MSTR

A top strategist signals a paradigm shift as bitcoin rockets past $94K, fueled 
by institutional flows and macro tailwinds, with $200K now a credible near- 
term target. Strategist Dissects What’s Behind Bitcoin’s Rally—Calls $200K BTC 
a Real Target in New Regime Matt Mena, crypto research strategist at 21Shares, 
broke down the forces behind bitcoin’s recent breakout […]

What’s Behind Bitcoin’s Breakout: Strategist Sees $200K BTC as Realistic

The Cardano price is showing strong signs of a breakout, with a technical 
analyst pointing to a massive 300% explosion on the horizon. If the current 
pattern holds, ADA could be gearing up for a major bullish impulse that could 
push prices as high as $2.65 within the next few months. Master Ananda, a 
crypto analyst on TradingView has released a new chart report predicting that 
Cardano will experience a staggering 300% price surge in the next three 
months. The analyst’s firm bullish outlook for ADA stems from the formation of 
a Falling Wedge pattern on the cryptocurrency’s monthly chart. Cardano Price 
Aims For 300% Rally A Falling Wedge is a distinctive reversal chart pattern 
that suggests a potential bullish reversal after a period of decline. This 
pattern had been forming on the Cardano price chart since January 2025, 
characterized by a series of lower highs and lower lows, gradually tightening 
within the structure. Currently, the Cardano price has broken to the upside of 
the Falling Wedge, signaling a potential end to the cryptocurrency’s prolonged 
correction phase and the beginning of a new bullish phase. Related Reading: 
Cardano Price Surge To $1.7: Here Are The Factors To Drive The Recovery Adding 
fuel to this optimistic outlook, Master Ananda revealed that ADA had formed a 
higher low on April 7, 2025, which aligns with the critical support zone near 
the $0.57-$0.60 range. The analyst views this move as a confirmation that 
Cardano may have reached a bottom, supported by a prior long lower wick in 
early February that highlighted significant buying pressure. Based on 
Cardano’s current technical setup, Master Ananda forecasts that the 
cryptocurrency will see a 300%+ increase to $2.65. This bullish target aligns 
with the 2.618 Fibonacci Extension level on the price chart. With Cardano 
currently trading at $0.7, the analyst anticipates a breakout through multiple 
key Fibonacci Extension levels, each serving as a future price target. The 
first major target lies at the 0.382 Fib, which aligns with the $0.81 level. 
From there, the Cardano price is expected to climb past the 0.5 Fib at $0.91, 
the 0.618 Fib at $1.01, and the 0.786 Fib at $1.14. If momentum persists, ADA 
could then rally toward a high target of $1.3 before skyrocketing to the 1.618 
Fib at $1.83. Once it successfully crosses this level, the cryptocurrency is 
expected to reach its final projected target of $2.65 in this analysis. ADA 
Set For Long-Term Bullish Growth According to Master Ananda’s analysis, ADA’s 
current price action is just the beginning of a mid-term bullish impulse that 
could extend well into Q3 2025. While short-term price swings are expected, 
the underlying structure of the Falling Wedge pattern suggests Cardano is 
entering a sustained growth phase. Related Reading: Cardano Price Breaks Out 
Of Prolonged Bearish Trend Toward $0.7, Here’s The Next Target Furthermore, 
the TradingView analyst has revealed that the projected move to $2.65 is not 
the top of the cycle but part of a much larger trend. He stresses that this 
long-term bullish growth will not happen overnight. However, as long as prices 
hold above the 0.236 Fibonacci support at $0.69, long positions are expected 
to remain secure. Featured image from Adobe Stock, chart from Tradingview.com