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I have 15 years of experience in business consulting, Banking/Consumer Lending with solid IT/fintech/marketing background. For the last 18 months, developing use-cases leveraging Blockchain and Smart Contract in Banking world. Researching crypto-currency and blockchain platforms (such as Ethereum, Corda, Hyperledger Fabric)
I am an entrepreneur and consultant in the blockchain industry since 2011,

23/02/2025

🚨 JUST IN: Bitcoin Faces Setback Post Bybit Hack, Yet Rebound Indicators Emerge.

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23/02/2025

🚨 Crypto Markets Shed Over $100B as BTC Slumped to $95K (Weekend Watch).

Bitcoin's upward trend was abruptly halted on Friday due to a significant hack at Bybit, causing $BTC to plummet over $4,000 in a matter of hours. This event not only affected Bitcoin but also had a ripple effect across the entire crypto market, with altcoins such as $LTC, $PEPE, $AAVE, $MNT, $ONDO, $APT, and $TAO experiencing significant daily losses.

At the beginning of the week, $BTC faced increased volatility, dipping to $95,300 on Monday and further to just above $93,000 on Tuesday, marking its lowest point since the crash on February 3rd. However, a swift recovery was initiated by the bulls, bringing $BTC back up to $96,000 almost immediately. The bullish momentum continued throughout the week, with $BTC reaching a multi-week high of $99,700 on Friday, fueled by positive developments in regulatory news.

The optimism was short-lived as news of the Bybit hack led to a dramatic sell-off, with $BTC dropping to $95,000 within hours. Despite some recovery, $BTC remains nearly 2% down on a daily basis, with its market cap just above $1.910 trillion and a dominance over altcoins close to 58%.

The impact of the Bybit hack was felt across the altcoin market as well, with $ETH being halted at $2,800 before slipping to $2,700. Other notable declines included $XRP losing 3%, and $DOGE, $ADA, $TRX, $LINK, $XLM, $LTC, and $SUI each dropping between 4-5%. The total market capitalization of all crypto assets, which had peaked at over $3.4 trillion, saw a significant drop of about $130 billion, settling at around $3.3 trillion.

For crypto, Bitcoin, AI tokens, and Memecoin investors, understanding market volatility and the impact of external events like hacks is crucial for making informed investment decisions. Keeping an eye on market trends and regulatory developments can help navigate through the ups and downs of the crypto market.



⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.

22/02/2025

🚨 Analyst Tips Bitcoin for $150,000 in 2025 as Expert Says BTC Bull Token Can Help Capitalize on Bitcoin Growth.

Bitcoin's journey to new heights continues to captivate investors, with one analyst predicting it will reach $150,000 by the end of the year. Despite recent market volatility, Bitcoin remains a focal point for those looking to capitalize on its potential growth.

Currently, Bitcoin is hovering just below $100,000, with a recent peak at $99,500 before settling around $98,700. The cryptocurrency has shown resilience, bouncing back nearly 6% from its low earlier in the week. Spot trading volumes have surged 24% since yesterday, and open interest is on the rise, indicating a growing bullish sentiment among investors.

This optimism is shared by the analyst, who confidently predicts $BTC will hit $150,000 in 2025. The forecast is supported by other bullish predictions, including one from a major financial institution suggesting $BTC could reach $200,000 by year's end.

Several key factors could drive Bitcoin to these ambitious targets. Rumors of a U.S. Strategic Bitcoin Reserve, with plans to buy a million $BTC over the next five years, could significantly boost demand given the cryptocurrency's finite supply. Additionally, institutional interest in Bitcoin ETFs has already surpassed $39 billion since their launch in January 2024. Potential investments from pension or sovereign wealth funds, combined with anticipated Federal Reserve rate cuts, could further fuel a bullish market.

Amidst this potential for a Bitcoin bull run, investors are exploring new avenues to participate. One such opportunity is the presale of BTC Bull Token, a meme coin with a unique twist. As Bitcoin reaches significant price milestones, holders of $BTCBULL will receive Bitcoin payouts. The token's team plans to burn $BTCBULL as Bitcoin's price rises, reducing the circulating supply and potentially increasing its value. Moreover, a staking app offers above-average yields, adding to its appeal.

The presale has already surpassed $2.5 million, with the token currently priced at $0.002375. Crypto experts have taken notice, with one prominent YouTuber suggesting that $BTCBULL could transform a $100 investment into $10,000 if Bitcoin reaches the predicted heights. This enthusiasm is reflected in the token's social media growth, suggesting a strong market debut on the horizon.



⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.

22/02/2025

🚨 Pi Network Tanks After Mainnet Launch, Analyst Says Solaxy Could Rally.

Pi Network’s eagerly awaited mainnet launch hit a major roadblock as its native PI token plummeted over 80% from its initial trading price. Despite years of anticipation from mobile miners who helped expand the network, the launch day was anything but smooth.

The excitement quickly turned to disappointment as PI tanked within hours of trading on major exchanges. A surge of early miners, who had been accumulating PI since 2019, rushed to cash out, triggering a massive sell-off. Unverified rumors spread on social media, suggesting that the Pi Core Team, which controls about 20% of the token supply, might also be selling off their holdings. Technical issues further compounded the problem, with many users stuck in KYC verification and unable to access their tokens. Additionally, despite years of development, only 80 decentralized applications (dApps) are currently live, falling short of what many had hoped for.

Looking forward, Pi Network faces a challenging path to recovery. Analysts believe that the PI token could climb above $11 in the coming weeks, but this hinges on the team's ability to prevent further sell-offs. A significant concern is the backlog of users still awaiting KYC verification, with up to 73% of the network's 70 million users yet to complete this step. This could lead to further selling pressure once these users gain access to trading. Beyond stabilizing the price, Pi Network’s long-term success will depend on its practical applications. The team needs to make significant progress in onboarding merchants and attracting developers to build more dApps. Speculation about a potential listing on major exchanges like Binance or Coinbase suggests it could spark a rebound, but clearer tokenomics and addressing the insider selling rumors are crucial for rebuilding trust.

As Pi Network struggles, attention is turning to other projects with stronger prospects. Solaxy, a Layer-2 project aimed at scaling $SOL’s network, has raised over $22.7 million in its presale funding. Unlike Pi Network’s focus on mobile mining, Solaxy is tackling real-world scaling issues. Crypto analysts are excited about Solaxy’s potential, suggesting it could be the biggest meme coin of 2025 due to its built-in utility. Solaxy’s clear roadmap and mission set it apart from others, and its presale success reflects investor confidence in projects with long-term value. Investors in Solaxy’s presale can also stake their $SOLX tokens, with annual yields estimated at 179%. As $SOL continues to grow, demand for Layer-2 solutions like Solaxy could surge.



⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.

22/02/2025

🚨 JUST IN: Solana (SOL) Signals Recovery as Bearish Momentum Weakens.

news.blockviews.com

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