Sui has been one of the few altcoins that have held their bullish structure and pumped continuously from major support levels. Currently the sentiment around this token is bullish and analysts are predicting $6-$10 levels in the near future. How…

Sui price prediction for May 2025 – a violent rally to $6 in play?

Can a 90-day US-China trade truce really reshape global liquidity — and push 
Bitcoin toward a new all-time high? Markets exhale as tariff pressures ease On 
May 11–12, the United States and China announced a temporary truce in their 
ongoing…

Why the US-China trade truce could be Bitcoin’s biggest macro tailwind since 2020

The Bitcoin price is once again at the center of attention as it continues its 
upward climb in what appears to be the final phase of the current bull cycle. 
Riding on the back of macroeconomic optimism and institutional interest, 
Bitcoin is showing renewed strength, with technical analysis forecasting a 
final pump to a new ATH above $120,000. Once the flagship cryptocurrency 
completes this move, its price is forecasted to crash down to $60,000, 
signaling the onset of the bear market. Bitcoin Price To Surpass $120,000 In 
2025 Xanrox, a crypto analyst, has shared a new Bitcoin price prediction on 
TradingView, forecasting a bullish run to a new all-time high and a subsequent 
crash to major lows. Expanding on his optimistic projection, the crypto 
analyst has confirmed that Bitcoin is in the final stages of this bullish 
cycle, meaning that the cryptocurrency is gearing up for its most explosive 
price surge yet. Related Reading: ‘The Big Short’ Coming For Bitcoin? Why BTC 
Will Clear $110,000 The analyst shared an Elliott Wave technical chart, 
indicating that Bitcoin is currently in Wave 3 of a five-wave pattern forming 
an ending diagonal. This structure typically marks the final stage of a 
bullish cycle, just before a major correction. Xanrox predicts that Bitcoin 
will eventually enter two final wave stages (Wave 4 and 5) before reaching a 
cycle peak. According to his analysis, the ideal range for this bull run lies 
between $120,000 and $125,000. More precisely, he highlights a Fibonacci 
Extension target of 1.618 at $122,069 as the potential top of this bull cycle. 
The TradingView analyst also notes that this Fibonacci target is the best 
price to sell and prepare for the bear market that’s projected to follow. 
Notably, this price level aligns with a long-term trend line that stretches 
from Bitcoin’s 2017 peak to the 2021 top and the next forecasted 2025 ATH. 
Strengthening the analyst’s conviction of a potential rally to $122,069, 
Bitcoin’s historical price behavior reveals a consistent relationship with the 
50-week Simple Moving Average (SMA). The analysis highlights that the 
cryptocurrency has repeatedly bounced off or corrected to this moving average 
during key turning points in past cycles. This pattern adds further 
credibility to the bullish outlook. Next Up: 50% Price Crash To $60,000 
Despite Xanrox’s optimistic price projection for 2025, the analyst warns of an 
impending Bitcoin market crash in 2026. Once the cryptocurrency completes its 
final bullish wave and tops out, the analyst anticipates a steep correction, 
potentially dragging the price down to $60,000. This projected 50% drop 
mirrors past cycle declines, particularly the sharp correction seen in the 
2018 and 2022 bear markets. Related Reading: Bitcoin Price To $150,000: BTC Is 
Mirroring Bullish Fractal From 2020 The analyst’s chart identifies this 
looming price crash as part of the natural end to Bitcoin’s 4-year cycle, 
emphasizing that buying at the projected peak of $122,069 could expose 
investors to significant downside risk. Instead, Xanrox recommends preparing 
for this bearish transition by exiting the market within the previously 
outlined sell zone and waiting for a re-entry opportunity during the expected 
2026 dip. Featured image from Getty Images, chart from Tradingview.com

Analyst Predicts Bitcoin Price Surge To $120,000 And Then A 50% Crash To $60,000, Here’s When

CoinShares, a digital asset investment firm with offices in the United States 
and Europe, said its net profit fell to $24 million in the first quarter of 
2025, a 42.2% decrease from the same period a year ago.
Although CoinShares&#8217;s profits and EBITDA remained positive in Q1 2025, the 
margins declined compared to the same period in 2024. Last year, CoinShares 
posted a net profit of $41.5 million and an EBITDA of $35.5 million in the 
first three months. Year-over-year, CoinShares&#8217;s net profit dropped 42.2% and 
its EBITDA fell 15.5%.
The firm&#8217;s ETPs contributed to the quarter&#8217;s performance. For Q1 2025, 
CoinShares&#8217;s ETPs saw net inflows of $268 million, with $202 million coming 
from its Physical Bitcoin (BITC) ETP. Revenue related to assets under 
management increased from $24.5 million to $29.6 million, a rise of 20.8%.
Year-to-date, CoinShares&#8217;s stock is down 9.4%, _according_ to Google Finance.
_CoinShares disclosed a $30 million EBITDA in Q125, despite market turbulence. 
Source. CoinShares_
In a letter to shareholders, the company&#8217;s CEO, Jean-Marie Mognetti, said 
macroeconomic headwinds during the quarter exceeded market movements. &#8220;What we 
are witnessing is not mere market volatility &#8212; it is a wholesale 
transformation of the global economic order.&#8221;
According to Mognetti, Ether&#8217;s underperformance over the quarter led to $23 
million in outflows from its CoinShares Physical Staked Ethereum ETP (ETHE). 
&#8220;Due to broader market corrections &#8212; including a 12.1% decline in Bitcoin 
prices &#8212; assets under management (AuM) fell 10.7%, closing Q1 at $1.52 
billion.&#8221;
_**Related:**__**Robinhood beats Q1 estimates despite revenue, crypto trading 
dip**_
## Crypto companies show mixed results during market upheaval
The first wave of Q1 2025 earnings from crypto firms suggests a broadly 
negative quarter, with revenue declines across sectors.
Coinbase revenue, for instance, fell 10% quarter-over-quarter in Q1 2025, as 
transaction revenue plummeted 19% to $1.3 billion. Kraken, another US-based 
cryptocurrency exchange, saw its revenue decline 7% from Q4 2024. Michael 
Saylor&#8217;s Bitcoin treasury company, Strategy, also missed Wall Street&#8217;s 
estimates, alongside Bitcoin miner Core Scientific.
The quarter was marked by high volatility across financial markets after US 
President Donald Trump unleashed global tariffs on trade partners, dragging 
the BTC price to lows of $78,000 over the period. Ether (ETH) also experienced 
a significant pullback.
_**Magazine: Financial nihilism in crypto is over &#8212; It&#8217;s time to dream big 
again**_

CoinShares Q1 net profit falls to $24M

On Tuesday afternoon, bitcoin appreciated by 2.6% against the U.S. dollar, 
brushing up against the $105,000 threshold. At the same time, a broad array of 
altcoins outpaced the leading cryptocurrency: ETH gained 8.5%, SOL advanced 
5.9%, and DOGE registered a 4.8% increase. Bitcoin’s Macro Role Grows as 
Bitfinex Cites ‘Increasingly Favourable’ Sentiment The broader crypto […]

Bitcoin Brushes $105K as Altcoins Steal the Spotlight in Tuesday Crypto Frenzy

SEC delays decision on Solana ETF while opening public comments for Dogecoin, 
BlackRock proposals amid crypto market scrutiny.
The post SEC delays Solana and Litecoin ETFs as Dogecoin and BlackRock 
proposals enter public comment appeared first on Crypto Briefing.