Don’t put all your eggs in one basket—an idiom Tether seemingly takes to heart. In just two days this April, the stablecoin giant unveiled two major moves: teaming up with Bitfinex, SoftBank, and Cantor Fitzgerald to launch a Bitcoin-focused public…

Tether thinks beyond USDT, ‘builds for the apocalypse’

A top Korean Elliott Wave expert has forecasted that XRP may move between $10 
and $40 over the next few months, which reflects possible gains of as much as 
1,726% from current market levels. XForceGlobal, Korea&#8217;s first ever certified 
Elliott Wave analyst, is of the view that the cryptocurrency has entered the 
completion phase of its correction cycle and now stands ready to go into a big 
bull run. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, 
Justin Sun Says Technical Pattern Signals End Of Downward Trend XRP has 
completed what technical analysts term a &#8220;WXY corrective pattern&#8221; as per 
XForceGlobal. The technical pattern has often indicated that a period of a 
pullback is concluding. The analyst said Wave W was the initial response of 
the market to profit-taking once XRP had risen six times in price. Wave X 
momentarily picked up the upward trend with minimal momentum before Wave Y 
concluded the correction with another orderly downward trajectory. The 
cryptocurrency fell approximately 50% from its January 2025 peak of $3.33 to a 
low of $1.638. However, it has since rebounded by 34% to trade at $2.20 at the 
time of reporting. $XRP We&#8217;ve been calling for this exact pullback for months. 
We are inching that much closer to a historic breakout to $10+. Progress may 
be gradual, but it&#8217;s undeniable. https://t.co/QxWbJRPhMq 
pic.twitter.com/9lbnZjaTHz — XForceGlobal (@XForceGlobal) April 24, 2025 Price 
Targets Range From $10 To $40 XForceGlobal&#8217;s analysis puts XRP in wave 2 of a 
bigger fifth wave, indicating the next big move would be a strong wave 3. The 
analyst has had a minimum target of $10, which would be a 350% rise from 
current levels. His upper target of $40 would be an unprecedented 1,726% rise. 
The prediction relies on Elliott Wave Theory, which tries to foresee market 
movements through patterns of investor sentiment expressing themselves in 
price waves. The predictions rely on the strength and expansion of waves 3 and 
5 within the overall structure of the market. Korean Markets Act As Leading 
Indicators XForceGlobal pointed out that Korean cryptocurrency exchanges play 
a vital role in the prediction of XRP price fluctuations. In the opinion of 
the analyst, Korean markets have in the past led in the recognition of 
significant XRP tops and bottoms. The similarity between XRP&#8217;s Korean won 
(KRW) chart and its US dollar chart was highlighted as especially significant. 
&#8220;We&#8217;re seeing the same structure on both charts. That adds conviction that 
wave 2 may be complete,&#8221; the analyst said. Related Reading: Ethereum ‘Heating 
Up’ – Address Activity Jumps Nearly 10% In 2 Days Investment Strategy 
Recommendations Although the recent 40% advance from lows is the current 
state, XForceGlobal described recent short-term decline as typical market 
action. The analyst indicated that &#8220;smart money&#8221; is already accumulating in 
XRP as retail interest starts coming back. XForceGlobal compared the strength 
of XRP&#8217;s community against the reported dwindling enthusiasm for Ethereum and 
Solana. The last stage of this cycle might involve a vertical, parabolic price 
action, perhaps initiating a new wave of FOMO among investors. Featured image 
from CoinFlip, chart from TradingView

XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

**Key takeaways:**
 * Based on power curve trends, Bitcoin may hit $200,000 in Q4 2025.
 * Bitcoin follows gold&#8217;s price trend with a 100-150 day lag.
Bitcoin&#8217;s (BTC) price has rallied 11% this week, its best weekly return in 
2025 and its highest seven-day growth since early November 2024. Bitcoin also 
reached $95,000 on April 25 for the first time since Feb. 24.
_Bitcoin 1-week chart. Source: Cointelegraph/TradingView_
21st Capital co-founder Sina mentioned that Bitcoin reclaimed the power-law 
price. The power law&#8217;s predictive accuracy stems from Bitcoin&#8217;s network growth 
following Metcalfe&#8217;s Law, where value scales with the square of users.
Based on Sina&#8217;s Bitcoin Quantile Model, reclaiming the power-law price keeps 
BTC on track to hit a price target of $130,000 and $163,000 before the end of 
2025.
_Bitcoin Quantile Model by Sina. Source: X.com_
As illustrated in the chart, Bitcoin is currently in the &#8220;Transition&#8221; range, 
where BTC accumulation occurs. Once it breaks into the &#8220;Acceleration&#8221; zone, 
the crypto asset enters the rally&#8217;s 33% to 66% range, progressively targeting 
$106,000, $130,000, and $163,000 over the next few months.
However, anonymous Bitcoin analyst apsk32 predicted BTC&#8217;s price target could 
be as high as $200,000 in 2025. The prediction is based on &#8220;Bitcoin power 
curve time contours,&#8221; which overlay Bitcoin&#8217;s price movements across four-year 
cycles (2013, 2017, 2021, and 2025). The chart suggests a strong performance 
in Q3 and Q4 of 2025, with the analyst noting that Bitcoin&#8217;s historical four- 
year cycle remains intact. The analyst said,
&gt; &#8220;Looking at two-year segments centered today, 4, 8, and 12 years ago. Price 
&gt; scaling performed using the power curve trendline. Expecting $200,000+ 
&gt; Bitcoin in Q4. Gold suggests we could go significantly higher.&#8221;
_Bitcoin Power Curve Time Contours chart. Source: X.com_
 _**Related: 5 Bitcoin charts predicting BTC price rally toward $100K by 
May**_
## Gold-Bitcoin lag may repeat Q4 rally
Since the beginning of 2024, Bitcoin and gold have posted new highs in the 
market, with each asset outperforming the other during specific periods.
As illustrated in the chart, Bitcoin and gold achieved new highs between March 
and August 2024. However, in Q3 2024, gold spearheaded the rally, surpassing 
Bitcoin&#8217;s performance. By Q4, Bitcoin regained momentum, outpacing the 
precious metal and maintaining its lead until March 2025, when gold again took 
the lead.
_Bitcoin gold price performance chart. Source: Cointelegraph/TradingView_
Gold is still leading BTC but has dropped 6% since hitting new highs, while 
Bitcoin has gained 11%. Cointelegraph reported that BTC tends to follow gold&#8217;s 
directional bias with a lag of 100-150 days. Based on that narrative, it is 
possible that Bitcoin could lead gold in the coming weeks. 
Similarly, the US Dollar Index (DXY) dropped to a new three-year low on April 
21, which further fueled the likelihood of a rally for risk assets. 
Cointelegraph reported that multi-year DXY lows have been historically bullish 
for Bitcoin. Crypto analyst &#8216;Venture Founder&#8217; also pointed out,
&gt; &#8220;Traditionally, DXY going down is very bullish for $BTC, we now have a 
&gt; massive bearish divergence for DXY, which may suggest it goes to 90. The 
&gt; last 2 times this happened triggered a Bitcoin parabolic bull run in the 
&gt; final phase of the bull market (lasting 12 months).&#8221;
_**Related: Bitcoin spikes to 7-week highs as analyst doubts chances of $100K 
rebound**_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin ‘power law’ model forecasts $200K BTC price in 2025

Experts say stablecoins are rapidly growing, with Bitwise reporting their 2024 
transaction volume surpassed Visa’s. However, DWF Labs’ Andrei Grachev warns 
of systemic risks like redemption pressure and reserve management. Stablecoin 
Transaction Value Surpasses Visa Volumes Stablecoins are experiencing 
exponential growth, rapidly becoming one of the most significant financial 
innovations of the last two decades, […]

Stablecoin Transactions Surpass Visa—Experts Warn of ‘Redemption Pressure’

It was quite the coincidence that the cryptocurrency market jolted back to 
life after Easter Sunday, with Bitcoin leading the way with more than a 
double-digit gain. While the price of BTC continues to hold above the critical 
$94,000 level, the premier cryptocurrency seems to be losing some momentum. 
Unsurprisingly, investors appear to be increasingly confident in the promise 
of this recent rally, as significant amounts of BTC continue to make their way 
off major centralized exchanges over the past few days. Here’s how much 
investors have moved in the past few days. Over 35,000 BTC Move Out Of 
Coinbase And Binance In a Quicktake post on the CryptoQuant platform, crypto 
analyst João Wedson revealed that Binance, the world’s largest cryptocurrency 
exchange by trading volume, has seen increased activity over the past few 
days. The exchange netflow data shows that huge amounts of Bitcoin have been 
withdrawn from the platform in recent days. Related Reading: Bitcoin Sees 4th 
Dip in Funding Rates This Year — What Does This Mean For BTC? According to 
CryptoQuant data, a total of 27,750 BTC (worth $2.63 billion at current price) 
was moved out of Binance on Friday, April 25. This latest round of withdrawals 
represents the third-largest net outflow in the centralized exchange’s 
history. The movement of significant crypto amounts from exchanges, which 
offer services like selling to non-custodial wallets, suggests a potential 
shift in investor sentiment and strategy. Large exchange outflows often signal 
increased confidence of holders in the long-term potential of an asset. Wedson 
noted that the recent outflows do not guarantee a price rally for Bitcoin, but 
they do signal strong institutional activity, which is often a precursor for 
major volatility. Citing China’s crypto ban in 2021, the crypto analyst 
highlighted how massive exchange outflows didn’t prevent the dump. At the same 
time, Wedson mentioned that the continuous Bitcoin outflows over several days, 
like during the FTX collapse, preceded a price bottom and the eventual market 
recovery. Ultimately, the online pundit hinted at paying close attention to 
the overall trend of the exchange netflow rather than a single-day activity. 
Similarly, more than 7,000 BTC (worth approximately $66.5 million) have made 
their way out of the Coinbase exchange. According to the CryptoQuant analyst 
Amr Taha, this negative exchange netflow could be an indicator of increased 
institutional activity, as Coinbase is known as the primary crypto vendor for 
US-based institutions. Taha said: These large outflows typically suggest 
accumulation by institutions or large investors, potentially signaling bullish 
sentiment. The analyst outlined that if the dwindling exchange reserves 
correlate with an increased spot demand or ETF inflows, a supply squeeze could 
be on the horizon, potentially pushing the price to the upside. Bitcoin Price 
At A Glance As of this writing, the price of BTC sits just beneath $95,200, 
reflecting an almost 2% increase in the past 24 hours. Related Reading: Is The 
XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is Coming 
Featured image from iStock, chart from TradingView

Bitcoin Continues To Flow Out Of Major Exchanges — Supply Squeeze Soon?

SEC Commissioner and head of the crypto task force, Hester Peirce, says US 
financial firms are navigating crypto in a way that&#8217;s similar to playing the 
children&#8217;s game &#8220;the floor is lava,&#8221; but in the dark.
&#8220;It is time that we find a way to end this game. We need to turn on the lights 
and build some walkways over the lava pit,&#8221; Peirce said at the SEC &#8220;Know Your 
Custodian&#8221; roundtable event on April 25.
## The lava is crypto, says Peirce
Peirce explained that SEC registrants are forced to approach crypto-related 
activities like &#8220;the floor is lava,&#8221; where the aim is to jump from one piece 
of furniture to the next without touching the ground, except here, touching 
crypto directly is the lava. &#8220;A D.C. version of this game is our regulatory 
approach to crypto assets, and crypto asset custody in particular,&#8221; she said.
Peirce said that, much like in the game, firms wanting to engage with crypto 
must avoid directly holding it due to unclear regulatory rules. &#8220;To engage in 
crypto-related activities, SEC-registrants have had to hop from one poorly 
illuminated regulatory space to the next, all while ensuring that they never 
touch any crypto asset,&#8221; Peirce said.
_Source:__US Securities and Exchange Commission_
Peirce said that investment advisers are often unsure which crypto assets 
qualify as securities, what entities count as qualified custodians, and 
whether &#8220;exercising staking or voting rights&#8221; could trigger custody 
violations.
&gt; &#8220;The twist in the regulatory version is that it is largely played in the 
&gt; dark: burning legal lava and no lamps to illuminate the way.&#8221;
Peirce also said that a broker or ATS that cannot custody or manage crypto 
assets will struggle to facilitate trading, making it unlikely for a &#8220;robust 
market&#8221; to develop.
Echoing a similar sentiment, SEC Commissioner Mark Uyeda said at the event 
that as more SEC registrants work with crypto assets, it&#8217;s essential that they 
have access to custodial options that meet legal and regulatory requirements.
Uyeda said the agency should consider letting advisers use &#8220;state-chartered 
limited-purpose trust companies&#8221; with the authority to hold crypto assets as 
qualified custodians.
_**Related:**__**Blockchain needs regulation, scalability to close AI hiring 
gap**_
Meanwhile, the recently sworn-in chair of the SEC, Paul Atkins, said that he 
expected &#8220;huge benefits&#8221; from blockchain technology through efficiency, risk 
mitigation, transparency, and cutting costs.
He reiterated that among his goals at the SEC would be to facilitate &#8220;clear 
regulatory rules of the road&#8221; for digital assets, hinting that the agency 
under former chair Gary Gensler had contributed to market and regulatory 
uncertainty.
&#8220;I look forward to engaging with market participants and working with 
colleagues in President Trump&#8217;s administration and Congress to establish a 
rational fit-for-purpose framework for crypto assets,&#8221; said Atkins.
_**Magazine:**__**Bitcoin $100K hopes on ice, SBF &#8216;s mysterious prison move: 
Hodler&#8217;s Digest, April 19 &#8211; 25**_