Bubblemaps has visualized the token distribution for Boop crypto, a fairly new token that stems from the new Solana-based meme coin launchpad Boop.fun. BOOP has gone up more than 200%. On May 2, the on-chain analysis platform Bubblemaps showed traders…

Boop crypto rises more than 200% after Bubblemaps reveals visualization

Ben McKenzie, an actor known for his roles on television shows including 
_Gotham_ and _The OC_ , will make his directorial debut in a scathing 
documentary about cryptocurrency.
According to an April 29 Deadline report, McKenzie wrote, directed, and 
produced the documentary _Everyone Is Lying To You For Money_ , set to 
premiere at SXSW London in June. The film features footage from 2022 of former 
FTX CEO Sam &#8220;SBF&#8221; Bankman-Fried and former Celsius CEO Alex Mashinsky before 
their respective companies folded.
&#8220;Why is the false story of crypto still spreading?&#8221; said McKenzie, according 
to Deadline. &#8220;That&#8217;s the question I set out to answer with this film.&#8221;
_Sam Bankman-Fried (left) with Ben McKenzie (right). Source:__Instagram_
Working with The New Republic staff writer Jacob Silverman, McKenzie pivoted 
from a role in Hollywood to speaking out against many of the issues 
surrounding cryptocurrency in 2021. After the collapse of FTX in November 
2022, the actor testified at a US Senate hearing investigating the downfall of 
the crypto exchange.
In addition to interviews with SBF and Mashinsky, the documentary will 
reportedly explore El Salvador President Nayib Bukele&#8217;s connections to crypto. 
Bukele rose to prominence in the industry after proposing that El Salvador 
recognize Bitcoin (BTC) as legal tender in 2021.
_**Related:**__**Peter Todd forced into hiding after HBO doc claims he 
invented Bitcoin**_
It&#8217;s unclear what, if anything, could be revealed in the Bankman-Fried and 
Mashinsky interviews. Cointelegraph reached out to McKenzie for comment but 
did not receive a response at the time of publication.
## Bankman-Fried in prison, Mashinsky could soon follow
The former FTX CEO has been the subject of other documentaries, interviews, 
and a Michael Lewis book. Bankman-Fried was found guilty on seven felony 
charges related to his role in the collapse of FTX and sentenced to 25 years 
in prison in 2024.
Mashinsky, who pleaded guilty to two felony charges as part of a deal with US 
prosecutors in December 2024, is scheduled to be sentenced on May 8. 
Authorities requested that a judge impose a 20-year sentence on the former CEO 
of Celsius.
_**Magazine:**__**The $2,500 doco about FTX collapse on Amazon Prime … with 
help from mom**_

Crypto skeptic to release SBF, Mashinsky interviews in documentary

**Key Takeaways:**
 * Analyst predicts a low VIX (
Bitcoin network economist Timothy Peterson raised Bitcoin&#8217;s (BTC) chances of 
hitting a new high in 100 days, and he maintains an optimistic outlook in 
2025.
In an analysis shared on X that ties BTC&#8217;s price action to the CBOE Volatility 
Index (VIX) &#8211;an indicator that measures 30-day market volatility expectations 
&#8212; the analyst pointed out that the VIX index has dropped from 55 to 25 over 
the past 50 trading days. A VIX score below 18 implied a &#8220;risk-on&#8221; 
environment, favoring assets like Bitcoin.
Peterson&#8217;s model, which had a 95% tracking accuracy, predicted a $135,000 
target within the next 100 days if the VIX remains low. This aligns with 
Bitcoin&#8217;s sensitivity to market sentiment, as a low VIX reduces uncertainty, 
encouraging investment in riskier assets.
Speaking on Bitcoin&#8217;s volatility, Fidelity&#8217;s director of global macro, Jurrien 
Timmer, compared Bitcoin&#8217;s nature to &#8220;Dr.Jekyll and Mr.Hyde.&#8221; Timmer believed 
Bitcoin&#8217;s ability to act as both a store of value (Dr. Jekyll) and a 
speculative asset (Mr. Hyde) differentiates it from gold, which remains a 
consistent &#8220;hard money&#8221; asset. Timmer emphasized the dynamics between Bitcoin 
and the global money supply and said,
&gt; &#8220;Note that when M2 has grown and the stock market is rallying, Bitcoin has 
&gt; been off to the races because it has both attributes working for it. But 
&gt; when M2 has grown and equities are correcting, not so much.&#8221;
_Bitcoin price against global money supply. Source: X.com_
This underscores Bitcoin&#8217;s sensitivity to macroeconomic conditions, making its 
performance less predictable than gold&#8217;s.
_**Related: Crypto &#8216;decoupling&#8217; story ends as stocks follow Bitcoin&#8217;s rally**_
## Stablecoin market cap hits record $220 billion
Data from CryptoQuant highlighted that the stablecoin market capitalization 
hit a record $220 billion, signaling a liquidity surge in the crypto market. 
This marks Bitcoin&#8217;s exit from a bearish phase as capital flows return, and 
with stablecoins representing crypto liquidity, new BTC highs could be a 
likely outcome in the coming weeks.
While BTC continues its uptrend, lower-time frame (LTF) charts reveal a shift 
in market dynamics. The funding rate for BTC futures has turned negative 
again, indicating a rise in short positions as traders bet against the rally.
_Bitcoin 4-hour chart and funding rate. Source: Velo.chart_
The 4-hour chart&#8217;s funding rate has reached its most negative level in 2025, 
indicating that short-side liquidity significantly exceeds long-side 
liquidity. This creates a condition for a potential short squeeze.
This imbalance could propel BTC toward the $100,000 level. Cointelegraph 
pointed out that over $3 billion is at risk for a short-side liquidation, 
which may amplify upward momentum, catching bearish traders off guard.
_Bitcoin short liquidations data. Source: X.com_
 _**Related: Bitcoin hodler unrealized profits near 350% as $100K risks sell- 
off**_
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 data, macroeconomic charts point to new BTC all-time high ‘in 100 days’ — Analysts

Prices for bitcoin skyrocketed to the $97,000 level today, increasing more 
than 2% and closing in on the symbolic $100,000 level. The cryptocurrency is 
in its continuing surge that has gotten investors enthusiastic so far in 2025. 
Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core 
Development Market Old Timer Forecasts Significant Price Target According to 
trading analyst Peter Brandt, Bitcoin may rise to $125,000 to $150,000 come 
late summer or early autumn. His forecast, made in social media posts a few 
hours prior to this report, is that the increase may occur in August or 
September 2025. This is based on Bitcoin successfully re-taking what Brandt 
refers to as its &#8220;parabolic trendline&#8221; – a technical chart pattern which 
demarcated earlier price cycles. The prospective move from the present levels 
near $96,000 to Brandt&#8217;s higher target of $150,000 would amount to a 56% 
return for buyers at today&#8217;s prices. Hey @scottmelker If Bitcoin can regain 
the broken parabolic slope then $BTC is on target to reach the bull market 
cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction 
pic.twitter.com/WUUzxl0ckn — Peter Brandt (@PeterLBrandt) May 1, 2025 
Technical Analysis Indicates Multiple Patterns According to Brandt&#8217;s weekly 
chart analysis, Bitcoin is presently rising within what he sees as a bullish 
wedge formation. The cryptocurrency is also still within a long-term rising 
channel that has been holding price in check over the past few years. His 
chart also shows certain technical patterns that preceded Bitcoin price 
movements in history such as Head and Shoulders, Channels, and Expanding 
Triangles-all basic trends among technical traders. Timing In Accordance With 
Historical Halving Cycles The predicted high peak for Bitcoin in 2025 from 
August to September is in accordance with what has taken place after these 
past halving events. Those halvings – reducing the rate of new Bitcoins 
created – were always followed by price highs 12-18 months later. With the 
last halving occurring in April 2024, Brandt&#8217;s prediction is well within this 
likely timeframe. This association with Bitcoin&#8217;s supply dynamics makes some 
traders believe the forecast. Related Reading: Double Trouble Or Double Gains? 
Shiba Inu Shows Signs Of Reversal Amid Massive Burn Warning Of Severe 
Correction Following Peak Interestingly, the market expert has not merely 
predicted a high. Brandt believes Bitcoin could plunge dramatically, by more 
than 50%, after the top of its cycle, possibly taking prices all the way back 
down to $60,000-$75,000. While Bitcoin&#8217;s current price actions show strong 
upward momentum, seasoned investors know the market can change direction 
pretty quickly; 24/7 trading and worldwide participation has sometimes 
contributed to speed of execution and rapid price changes that would take 
unprepared traders by surprise. For the moment, however, Bitcoin&#8217;s race toward 
$100,000 is still attracting attention from longer-term believers and first- 
timers alike, hoping to cash in on what could be yet another historic run in 
cryptocurrency markets. Featured image from Unsplash, chart from TradingView

Veteran Analyst Predicts Bitcoin Surge To $150K — Here’s The Timeline

Bitcoin has exited its bearish phase as improving liquidity conditions and 
record stablecoin reserves signal renewed market strength, according to a 
recent report by blockchain analytics firm Cryptoquant. Stablecoin Surge 
Signals Bitcoin Recovery, Cryptoquant Reports The total market capitalization 
of stablecoins reached a record high, a threshold historically linked to 
upward momentum for bitcoin ( […]

Record Stablecoin Liquidity Fuels Bitcoin’s Exit From Bearish Territory

Pepe faces a crucial moment as it rejects from a key resistance level aligned 
with the 0.618 Fibonacci retracement. Price action now tests the lower bounds 
of the current trading range. The memecoin Pepe (PEPE) has seen increased 
volatility over…