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After the recent rise of the Pepe (PEPE) meme coin, Bitcoin's BRC-20 token standard has become the latest fad in the crypto ecosystem. The BRC-20 standard has been used to create 8,500 tokens, most of which are meme coins such as PEPE and Memetic (MEME). With all this hype in the crypto industry, let’s explore more about what are these BRC20 tokens and how you can mint them. 

What are BRC20 tokens? 

The BRC-20 "token standard" is a test fungible token developed with Ordinals and Inscriptions and saved on the Bitcoin base chain. It deploys token contracts, mints tokens, and transfers tokens using Ordinal inscriptions of JSON data.

This is not a token standard in the sense that EVM chains create smart contracts that manage the token standard and its various rules, but rather a method of storing a script file in Bitcoin and using that file to attribute tokens to satoshis and then allowing them to move from one user to another. 

On March 8th, 2023, Twitter user @domodata developed the BRC-20 token. The name is a play on Ethereum's ERC-20 token standard, however, they do not interact with smart contracts like the EVM standard from which it derives its name.  

There are numerous methods for creating tokens on other chains, each of which has its own market and exchange with liquidity where they can be exchanged. The token market is a breeding ground for speculation and scams, and hearing this ERC-20 word may attract these consumers, who may then relocate to Bitcoin. 

While this may increase demand for Bitcoin to pay fees and take up block space, it may also entice naive investors to purchase meaningless metadata that only a few wallets manage to transform into something worth displaying in a human-readable manner. 

After understanding a brief of the BRC-20 tokens, let’s understand why they are hyped. 

Why are BRC-20 tokens so hyped? 

The original BRC-20 token contract for the "ordi" token has a hard cap of 1,000 tokens each mint and a total maximum supply of 21 million tokens. Since then, the market value of BRC-20 tokens has risen over the previous month, reaching an astounding $120 million, signifying a 600% increase in the last week alone. On May 1, BRC-20 tokens had a volume of 366,000 transactions, while the total number of transactions on the network was 2.36 million. As the demand for BRC-20 tokens continues to climb, so are transaction costs as a result of the increased token activity. With the increased hype of the BRC-20 tokens, the BTC chain is congested. 

Now that you know why BRC-20 tokens have been hyped, let’s explore how you can mint BRC20 tokens. 

How to mint BRC20 tokens? 

Bitcoin Tokens (BRC-20) are blockchain-based digital assets that are frequently used for decentralized finance, gaming, and digital collectibles. Unisat.io is a platform that enables users to easily generate, manage, and trade these tokens. We will lead you through the process of minting Bitcoin Tokens (BRC20) on Unisat.io in this comprehensive guide. 

Step 1: Create a Wallet 

You must first create a suitable wallet before you can begin minting tokens. Unisat is a well-known web-based wallet that accepts custom BRC20 tokens. 

Step 2: Integrate BRC20 Support into Your Wallet 

After you've created your wallet, you'll need to add BRC20 token support. Take the following steps: 

Choose the option to add custom tokens or assets to your wallet. 

Add the BRC20 token standard's contract address. You can find it on the Unisat.io website or in the token's documentation. 

Input the token's symbol and decimals that can be found in the documentation. 

Step 3: Get Some Bitcoin (BTC) 

You will need both Bitcoin (BTC) to mint BRC-20 tokens. Here's how to get them: 

Buy Bitcoin from any reputed exchange like Binance, Coinbbase, Kucoin, etc.

Buy Bitcoin from P2P

Borrow some BTC from your friend (Need really good friends for this)

Step 4: Add Bitcoin to Your Wallet 

Now that you have the necessary cryptocurrency, deposit them into your wallet by completing these steps: 

Find your Bitcoin Taproot (BTC) addresses in your wallet. Make sure it is a Taproot address.

Navigate to the withdrawal area on the exchange and enter your wallet addresses. 

Confirm the transaction and wait for the funds to appear in your wallet. 

Step 5: Register Your Wallet with Unisat.io 

Follow these steps to connect your wallet to Unisat.io: 

Visit the website Unisat.io. 

Select the "Connect Wallet" option. 

Select your wallet from the list of available alternatives and follow the on-screen instructions to connect. 

Step 6: Mint Tokens 

Now that your wallet is connected, you may begin minting BRC20 tokens. Take the following steps: 

Navigate to the "Mint Tokens" area of Unisat.io. 

Enter the desired token information, such as the name, symbol, and total supply. 

Choose the functionality of the token, such as whether it should be transferable or have a fixed supply. 

Click "Mint Tokens" to validate the transaction in your wallet. 

Step 7: Organise and Trade Your BRC-20 Tokens 

Manage and trade tokens on Unisat.io using the following steps: 

Go to Unisat.io's "My Tokens" area. 

View and control your tokens, such as changing the supply of the token or adding new functionality. 

To trade your tokens, go to the "Marketplace" section and make a new trading pair with the cryptocurrency of your choice. You need 20 UniSat points to trade on Marketplace. Please note that for each use of UniSat Inscribe to create an inscription (including TRANSFER minting in UniSat Wallet), the UniSat Points of your connected address will be incremented by one.

Set the price as well as other trading characteristics such as order type and quantity. 

Step 8: Market Your BRC-20 Tokens 

Consider advertising your BRC-20 tokens using the following avenues to boost their value and awareness: 

Social networking sites: To reach a larger audience, share your token's information and updates on platforms including Twitter, Facebook, and Reddit. 

To attract potential investors and users, participate in conversations on major cryptocurrency forums such as Bitcointalk and CryptoCompare. 

Press Statements: To announce noteworthy milestones or partnerships, publish press releases on recognized Bitcoin news sources. 

Step 9: Incorporate Your BRC-20 Tokens into Decentralised Applications (dApps). 

Consider incorporating your BRC-20 tokens into blockchain-based decentralized applications (dApps) to boost their usage and value: 

Finance Decentralised (DeFi): Allow your tokens to be used as collateral, staked for rewards, lent, and borrowed on DeFi platforms such as Uniswap, Aave, and Compound. 

Non-fungible Tokens (NFTs): Use your BRC-20 tokens as the underlying value to create digital collectibles, virtual goods, or in-game assets. 

DAOs: Use your tokens to enable governance and voting within decentralized organizations or communities. 

Step 10: Tracking the Performance of Your BRC-20 Tokens 

Consider using the following tools and resources to monitor the success of your BRC-20 tokens and make educated decisions: 

https://brc-20.io: Monitor the market value, trading volume, and market cap of your tokens on prominent cryptocurrency data aggregators on BRC-20. 

Ordspace.org: Examine your token's on-chain activity, such as transactions, holders, and token transfers. 

Dune Analytics: Create custom dashboards to visualize and analyze your token's statistics and trends. 

Bottom Line

Minting BRC-20 tokens on Unisat.io is a simple operation that can provide your digital assets with multiple potentials. You can easily create, manage, and trade BRC-20 tokens by following this step-by-step guide. To maximize their potential and worth, remember to market your tokens, incorporate them into dApps, and track their success. 

Dogecoin (DOGE) has maintained consistent momentum in the current weeks, which is in line with the broader surge across the cryptocurrency market. In the last two weeks, DOGE has increased by more than 25%, boosting its price as high as $0.24.

Although growth has occurred, the asset faced a minor dip in the last 24 hours, dropping by 0.3% to $0.22 at the time of reporting. The recent changes show that more people, especially everyday investors, are getting interested in the asset again.

What Retail Traders Are Saying About Dogecoin

Burak Kesmeci, who writes for CryptoQuant, currently shared new information about Dogecoin’s futures trading. In a post called “Too Many Retail Traders? DOGE Futures Show Repeated Peak Patterns,” he talked about how a lot of traders might be trading based on guesses and speculation.

His analysis indicates that the last highs of Dogecoin’s price have often coincided with a quick surge in individual investor involvement in futures markets, highlighting concerns about the durability of the rallies.

Kesmeci’s analysis focuses on a chart that shows how much retail investors are trading Dogecoin futures. In the chart, red bubbles show times when retail trading suddenly increases a lot.

According to the expert, these times usually happen right before prices reach a local high, meaning lots of guessing and trading often come before short-term price drops. On the other hand, green and pink bubbles show times when fewer retail traders are active, and those times usually match with steadier or calmer price movements.

The main idea is that when many retail traders are active in Dogecoin futures, the price momentum is more likely to slow down or stop. For traders, these big increases in retail trading can be a warning that the price might change direction soon.

As Kesmeci mentioned, this data can be used together with other technical and on-chain metrics to create a more thorough analysis of market mood, generally in unstable assets like Dogecoin. The report supports a more careful strategy where retail investor excitement drives trading volumes.

Technical Indicators Suggest Rally Could Persist

While futures data shows caution around likely retail-driven tops, other technical perspectives advise the chance of additional gains. Crypto expert Javon Marks currently shared an outlook showing that DOGE may be set for a continuation toward a new all-time high.

Marks says the asset’s chart shows a strong buy signal, meaning the price might keep going up. He thinks the next big price goal is about 200% higher than where it is now.

Read also:- XRP vs HBAR: Who Will Lead the Next Crypto Bull Run 2025?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Trump Media and Technology Group, the holding company behind Truth Social and Truth Plus, is preparing to introduce a new utility token as part of a larger growth plan. CEO Devin Nunes revealed these updates in a letter marking the company’s first year as a publicly traded company, highlighting new functionalities, investments, and upcoming crypto integrations.

🚨NEW: In a letter to shareholders, CEO of Trump Media @DevinNunes announced the platform is mulling launching a utility token for subscription payments and possible other future uses within the ‘Truth ecosphere.’ pic.twitter.com/Sq2a6TdBdi

— Eleanor Terrett (@EleanorTerrett) April 29, 2025

The utility token will be added to a special Truth digital wallet and will first be used to pay for Truth Plus subscriptions. Later on, it might also be used for other services in the Trump Media network, as part of a bigger rewards program.

Marking One Year of Momentum

Marking its first year as a public company, Nunes mentioned the company’s solid financing standing, holding $777 million in cash with reduced operational costs. He thinks this gives Trump Media a clear advantage for progress, especially as it rolls out new extra features for Truth Plus, such as videos, an edit button, and access to news channels with a more traditional viewpoint and content suitable for all ages.

The Surge of Big Investments in the Finance Industry

On the other hand, under its financial services brand Truth.Fi, Trump Media is announcing a series of ETFs and individually managed accounts with an “America-first” focus in collaboration with Yorkville U.S. Stocks and Index Technologies Group. Up to $250 million has been assigned to this project.

However, Trump’s strategies in the crypto space have raised concerns about possible conflicts of interest. Even though he transferred his 59% stake to a trust, he is still connected to various crypto businesses, such as World Liberty Financial, where he holds the title of “Chief Crypto Advocate” and earns profits from the company, which is mainly owned by the Trump family. His launch of the memecoin, Official Trump (TRUMP), just before his return to office also faced criticism.

Nunes also raised concerns about market manipulation, pointing out a hedge fund’s 6 million short positions and informing the SEC. He mentioned that the company is actively looking for mergers and acquisitions to find valuable assets that fit its long-term goals.

Navigating Stock Challenges and M&A Strategy

Despite the declarations, Trump Media’s stock (DJT) dropped 3% on the day and is down 26% for the year, as investor interest seems to be slowing down due to wider market instability. Nunes claims hedge fund interference is partly to blame and has warned the SEC. He also said that Trump Media is on the lookout for key acquisitions to fuel sustainable growth.

Read also:- Ray Dalio Warns of Global Instability: Is Bitcoin Poised to Gain?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Ethereum price started a new decrease from the $1,850 level. At present, ETH is stabilising around the $1800 zone and may target a step above $1,820.

Main Takeaways:

Ethereum started a market pullback and traded under the $1,800 level.

The price is trading above $1,780 and the 100-hourly Simple Moving Average.

There is a short-term building of a converging triangle pattern with resistance at $1,810 on the hourly chart of ETH/USD.

The pair will begin a new growth if it surpasses the $1,850 resistance level.

Ethereum Eyes Continued Upside Potential

Ethereum prices still maintain above the $1,745 level and begin a new growth, like Bitcoin. ETH surged back over the $1,800 resistance level before the market turned bearish.

A peak was developed at $1,842, and the price adjusted recent gains. There was a step under the $1,820 level. The price dropped under the 50% Fib retracement level of the uptrend from the $1,746 dip down to the $1,842 peak.

Yet, the buyers are still active close to the $1,780 level and the 61.8% Fib retracement level of the uptrend from the $1,746 dip down to the $1,842 peak. 

At present, Ethereum’s price is trading above $1,780 and the 100-hourly Simple Moving Average. On the upside, the price seems to be encountering obstacles around $1,810. The next important resistance point is near $1,820. A short-term triangle is also forming with resistance at $1,810 on the hourly chart of ETH/USD.

The first big resistance point is around $1,850. If the price moves clearly above $1,850, it could rise towards $1,920. If it breaks above $1,920, there could be more gains in the next sessions. In that case, Ether could reach $1,950 or even $2,000 soon.

Another Drop In ETH?

If Ethereum fails to surpass the 1,850 resistance, then there will be a begin a new drop. The first support on the downside is close to the $1,780 level. The first key support is located around the $1,750 zone.

A clear move under the $1,750 support may push the price close to the $1,620 support. Any further losses could push the price down to the $1,600 support level soon. The next important support point is at $1,550.

Ethereum Technical Signals:

Hourly RSI (Relative Strength Index) – The RSI for ETH/USD is currently greater than the 50 zone.

Hourly MACD (Moving Average Convergence Divergence) – The MACD for ETH/USD is currently showing positive momentum in the bullish zone.

$1,780 – Major Support Level 

$1,850 – Major Resistance Level

Read also:- Ray Dalio Warns of Global Instability: Is Bitcoin Poised to Gain?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

U.S. and China worries are sparking a lasting transformation in global economic linkages.

Bitcoin signals a bullish trend during the rise of geopolitical and economic instability.

Global trade is experiencing a significant shift as U.S.-China tensions are primarily caused by tariff policies. This has continued to develop into a more profound and possibly permanent change in international network dynamics.

Ray Dalio Still Bullish on Crypto’s Future Potential

On the other hand, Ray Dalio, founder of Bridgewater Associates, advised that while some people still hope that future talks can bring things back to normal.

He assumes that an increasing number of stakeholders, especially those on the cutting edge of international trade, are getting ready for a lasting split.

Businesses in different industries are rethinking how much they rely on the U.S. and changing their plans because they expect the global system to become more divided.

This feeling is happening as financial systems weaken, political instability grows, and global divisions increase, which reminds us of past times when systems fell apart.

After observing this assumption, an X (formerly Twitter) user answered:- “@grok what assets will benefit from these changes?”

Which Assets Stand to Gain the Most from Global Shifts?

Consequently, as the global crypto market faces small swings, with Bitcoin (BTC) lingering close to $95,160 and broader capitalisation dropping slowly, experts still concentrate on unseen dynamics driving market shifts. Technical indicators like RSI and CMF suggest upward momentum silently gaining strength in the background.

In addition, market expert Willy Woo thinks that Bitcoin may soon try to make a strong move upward, possibly breaking through the $96k point if present patterns hold.

Still, looking at past price movements, there is an increasing call for long-term vision. Experts like Ray Dalio say that fixing today’s economic and global problems needs more than quick fixes, it requires calm, teamwork, and a focus on solving the deeper issues directly.

So, as time to act wisely runs out, investors and leaders are being encouraged to pay attention to major financial changes instead of just short-term market ups and downs.

Read also:- Trump Memecoin Drops Following Spike and Controversial Dinner

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Official Trump memecoin dropped after a Monday morning rally as the opponents expressed concern over rewarding the coin’s biggest investors.

What Happened: President Donald Trump linked the cryptocurrency increase to an intraday peak of $15.55 early in the morning but could not maintain the upward trend, sliding down to $14.20 overnight.

The drop differed from the rest of the meme coin market, which observed its market value increase by more than 3% in the past 24 hours.

The drop comes after a few Democratic lawmakers claimed Trump engaged in corrupt practices and breached federal ethical guidelines in a personal dinner invitation to the meme coin’s biggest holders.

Sen. Jon Ossoff (D-Ga.) said selling access for money should lead to impeachment, while Sen. Elizabeth Warren (D-Mass.) asked the U.S. Office of Government Ethics to look into the issue.

Significantly, the team under this project mentioned that Trump may not reach the gala dinner and the programme may be cancelled or postponed according to their preference. TRUMP jumped as high as 65% on the declaration past week.

This planned release of TRUMP coins has been postponed by another three months, the project’s official X (formerly Twitter) account confirmed in the past week.

Significantly, only 20% of the Trump supply is provided for trading. The left 80% part is managed by insiders under a three-year ownership timeline.

Price Action: At the time of reporting, Trump’s value was fluctuating at $14.39, dropping 0.16% in the past 24 hours.

Read also:- Is Donald Trump Set to Launch a Bitcoin Reserve Tomorrow?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

As President Donald Trump celebrates his first 100 days back in office with a rally hosted by Securing American Greatness, people are excited to see if he will make history by officially adding Bitcoin to the U.S. financial reserves. According to the prediction market Polymarket, there is presently a 6% possibility that Trump will launch a Bitcoin reserve before the 100-day period ends tomorrow.

This assumption follows current comments from the U.S. Secretary of Commerce Howard Lutnick, who appeared in Bitcoin Magazine to talk about the administration’s changing position on digital assets. Lutnick revealed a strong change away from the last administration’s limiting strategy to cryptocurrency, saying, “Under Biden, it was handled the same way as if you were doing something wrong… That’s the end now.”

Handling Bitcoin Like Gold

Lutnick said that the Trump administration views Bitcoin not as a currency, but as an asset, equivalent to gold or oil. He explained, “There’s a limited amount of it. To me, Bitcoin is like gold… It should be treated as a product.”

He also said that once the U.S. officially recognises Bitcoin as a commodity, it could lead to more people using it, like buying, selling, and holding it as an asset, just like gold. “No one stops anyone from selling oil or gold,” he said. “Bitcoin should be treated the same way.”

Bitcoin’s Potential Contribution to Trade and GDP Growth

Lutnick also disclosed that the Bureau of Economic Review is investigating the idea of handling Bitcoin similarly to gold in economic data, like trade balances and GDP. While he did not say any official strategy, he said it is “a brilliant concept” that is being evaluated.

The Commerce Secretary said it’s important to make government data clearer. He suggested that new ways of labelling information might be created to help people understand how Bitcoin is part of the country’s economy.

The Case for a Strategic Bitcoin Reserve

Lutnick did not say for sure if the U.S. already has Bitcoin in a strategic reserve, but he did say people are still talking about it. “When the government is ready to share those answers, we will,” he said, but he did not give any details about how much is held or who is in charge of it.

He repeated that the government is still focused on Bitcoin and praised Trump for helping the crypto community. “Trump said he would support Bitcoin, and he has,” Lutnick said. “After dealing with trade and global peace, Bitcoin will be a priority again.”

Read also:- Crypto-Friendly Laws Approved by Arizona Lawmakers

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Arizona lawmakers have approved two related bills that could position the state at the forefront of state governance cryptocurrency investing, assuming they receive the governor’s signature from Governor Katie Hobbs.

The Arizona House approved Senate Bill 1025 during its final reading. Legally designated as the “Arizona Strategic Bitcoin Reserve Act,” the House passed it 31-25-4 on Monday.

S.B. 1373, a complementary bill creating a “Digital Assets Strategic Reserve Fund,” was approved with a 37-19-4 House vote conducted on the same day.

Previously, on February 27, the Arizona Senate approved both bills. After approving both chambers without any revisions, the bills awaiting official forwarding to Governor Hobbs’ desk.

Both bills create Arizona’s moves toward its intended state of cryptocurrency assets. SB1025 concentrates solely on Bitcoin as an investment fund, while SB1373 develops frameworks for managing multiple digital assets.

A different plan to add Bitcoin ETFs to the state’s retirement savings for government workers was suggested in March. Arizona also moved forward with a bill earlier this month to protect Bitcoin miners and blockchain operators.

SB1025: Arizona’s Plan for a Strategic Bitcoin Reserve

SB1025 sets the framework for managing state funds from entities like the state treasury and pensions.

The bill also says that if the U.S. Treasury creates a Strategic Bitcoin Reserve to hold government-owned Bitcoin, Arizona could choose to keep its own digital money there in a safe, separate account.

SB1025 proposes to change Arizona law to permit the state treasurer and retirement systems to invest up to 10% of government funds in digital currencies, particularly Bitcoin.

Arizona Introduces SB1373: Digital Assets Strategic Reserve Fund

SB1373, at the same time, creates an asset to hold “funds allocated by the legislature and digital assets that are removed by this state,” which includes those taken through legal actions against crime.

For SB 1373, money given by the legislature does not automatically run out or “expire” at the end of the fiscal year, which is usually required by Arizona law.

The fund may hold digital currencies, like Bitcoin, NFTs, and stablecoins, which the State Treasurer would control via authorised custody methods.

Identifying and Aligning Funding Priorities

If the two bills are passed, Arizona will become the first state to completely adopt crypto into its financial framework, building on similar initiatives from other states.

The bills need the governor’s consent, which has been in danger because of the last budget talks and political divisions.

Governor Hobbs warned earlier this month on X that any bill not already on her desk would be vetoed. She said “extreme Republican legislators” are using funding for people with disabilities as a bargaining chip in their political games.

Although a budget disagreement seemed to be settled last Friday, Hobbs has not yet given an official statement regarding SB1025 and SB1373.

Read also:- Monero Soars 50% Amid $330M Bitcoin Laundering Activity

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Fragment is an official marketplace of Telegram where buying, selling and auctioning of usernames and virtual phone numbers is done. It is powered by the TON blockchain. It is a source of income for the users by trading unique usernames and numbers securely and anonymously.

It opened up new opportunities for monetization. Users can buy and sell usernames on Messenger as well as trade phone numbers on this platform.

What is Fragment?

In November 2022, a platform called Fragment was launched. The users can undesignatedly see accounts (username) registered in the telegram and phone numbers.

Fragment runs on the TON blockchain. This platform was created by the team at Telegram and brought to a conclusion by a group of independent programmers.

The U.S. Regulators were pressured, and as a result, the messenger had to give up the project. The growth of Telegram was in the public domain, so the group of independent developers decided to use it. With all the efforts, the crypto project TON, which is derived from Messenger, came into being.

Cryptocurrency ‘TON’ is used for dealing with fragments. Therefore,  a cryptocurrency wallet is required to buy or sell something on the platform. The TON blockchain contains all the major information about the ownership of an account or phone number is stored 

How To Use Fragment

Firstly, you need to log in to the platform. An unauthorised user can access information about placed lots but cannot participate in auctions. Therefore, to make any transaction on the marketplace, you need to create an account. As a result, all the  information about your trades and lots will be displayed on the platform 

Step 1- Authorisation and Connection of the Wallet

To get the authorisation, a telegram account will do. Click “connect telegram” in the upper right corner to connect through it, and then Telegram will receive a message from the platform to confirm the login.

A cryptocurrency wallet will also need to work. To do this, “Connect TON” in the upper right corner. The platform provides options to choose from according to convenience. Among them, the Telegram cryptocurrency wallet will be suitable.

After completing all the requirements and fulfilling all conditions, the fragment will inform you that your wallet is connected.

Step 2 – Selecting a Section

There are two sections on the fragment platform –

Usernames and

Phone numbers

It contains a search field, where the usernames of interest, as well as a list of lots available for purchase, are displayed.

The users can customise the display of available variants according to their needs, for example, to display only lots at auction or already sold variants, as well as set the parameters for displaying results by price, from the cheapest to the most expensive or vice versa.

Each username card has details about the transaction done, including the countdown to the end of the auction and the cost per step to participate. For example, in the screenshot below is the sale card of the telegram username @saint.

The highest bid on it, as of the time of writing the review, is 20,500 Toncoin (about $108,035). The steps required to participate in the auction are 1,025 Toncoin (5%). 2 days and 7 hours remain till the end of the auction.

By going into the personal account menu in the “My usernames” section, you can put your registered Telegram username up for sale. By clicking on the section, the fragment will show the variants that you can put for sale.

To start an auction by username, click ” Place an Auction”.

The system may request to launch a bot in Telegram@fragment.

To do this, type its name into the search bar of messenger and then click on the ‘start’ key. The bot is needed to confirm lots of details and send notifications about transactions. The same principle applies to the phone number section also.

Step 3- carrying out the operation

After completing the authorisations and bindings of the cryptocurrency wallet, the user has to carry  out the operations  he is interested in

For example, to put up for sale the username registered on Telegram. The system uses a specific cryptocurrency wallet to settle transactions.

How to earn on Fragment

Register and sell usernames: Distinctive accounts are often sold for tens of thousands of dollars.

Resell usernames: The users can buy the accounts at low prices to resell them afterwards.

Sell or resell phone numbers: the same principle of operation is followed as with the usernames.

The event, identified by blockchain analyst ZachXBT, started when the BTC was withdrawn from a targeted wallet to a recognised suspicious account.

A reported theft of 3,520 Bitcoin worth around $330.7 million has sparked a strong rally in Monero (XMR) after the looted funds were moved across several instant trading platforms.

The launderers quickly sent the money through more than six exchanges, changing large amounts of Bitcoin into Monero, a privacy-focused cryptocurrency known for making transactions hard to trace.

Monero Rises 50%, Reaches Multi-Year High

The instant gain in demand triggered XMR’s price to jump by 50%, hitting record levels of $329, a level not reached in years.

According to data from CoinGecko, at present, the token is trading around $267.03 with a 16.3% increase in the last 24 hours.

Nine hours ago a suspicious transfer was made from a potential victim for 3520 BTC ($330.7M)Theft addressbc1qcrypchnrdx87jnal5e5m849fw460t4gk7vz55gShortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike…

— ZachXBT (@zachxbt) April 28, 2025

According to the data from Coinglass, more than $1 million in short positions were sold off during the rally, increasing upward momentum.

Monero’s price breaks out, also aligned with increasing excitement over its upcoming EP159 and EP160 upgrades.

These ideas are designed to make Monero easier to follow for regulators, allowing users to prove their transactions are valid without showing private information. Analysts think this could help Monero get relisted on major exchanges like Binance and Coinbase under Europe’s new MiCA rules.

Significantly, other privacy-focused tokens, including Zcash (ZEC), Dash (DASH), and Decred (DCR), also shared significant profits.

Monero Traced by Finnish Authorities in High-Profile Hack

Even though privacy coins like Monero are popular for providing better anonymity, Finland’s National Bureau of Investigation has reportedly made great progress in tracking XMR transactions as part of the criminal trial of Julius Aleksanteri Kivimäki.

Kivimäki is accused of hacking into a private mental health company’s database and asking for ransom payments in cryptocurrency. In the last year, prosecutors exposed a crypto trail connecting to Kivimäki’s bank account.

The suspected hacker was considered to demand 40 Bitcoin, at present valued at about 450,000 euros, in exchange for not disclosing records associated with over 33,000 patients from psychotherapy service provider Vastaamo.

When the ransom remained unpaid,  Kivimäki reportedly targeted single patients. Finnish police say the hacker got paid in Bitcoin, sent the money to an exchange without proper ID checks, changed it into Monero, and then moved it to a Monero wallet.

Later, the money was said to have been sent to Binance, where it was exchanged back into Bitcoin and then moved to different wallets.

The regional officials have to keep the information private and have not revealed further information about their on-chain analysis.

Read also:- XRP ETF Receives Green Light, But It’s Not a Spot ETF

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, announced by ProShares. This ETF is anticipated to launch on April 30th, 2025. Although it’s not a spot ETF that tracks the real price of XRP, it’s still a big move for XRP’s presence on Wall Street.

The ETF was approved only a few years after Ripple, the company beyond XRP, was secured in a long legal fight with the SEC. At present, XRP is transitioning from legal battles to market arenas, aligning with the ranks of Bitcoin and Ethereum, which have both futures and spot ETFs at this point.

🚨BREAKING: SEC Approves an $XRP ETF — and It's HUGENo, it’s not a Spot ETF yet.It’s a Futures ETF — but don’t underestimate what this means.Here’s the breakdown:✅ Wall Street attention: Big players have a way to trade XRP.✅ Mainstream legitimacy: XRP is officially… pic.twitter.com/AWHTBjijeR

— Armando Pantoja (@_TallGuyTycoon) April 27, 2025

Some investors were initially confused, asking, ‘Why futures and not spot?’ But future ETFs are usually the first move. Bitcoin and Ethereum followed this path, and analysts think a spot XRP ETF could come next. Futures trading lets big investors bet on XRP, whether the price goes up or down, which is a normal and healthy part of established financial markets.

Analysts described the approval as a turning point, mentioning that this step provides major players a way to legally lock trade XRP. And the positive update does not end there. In Brazil, the XRP H11 ETF has just launched on the country’s main stock exchange, making it the first XRP-focused ETF in the world. This shows that XRP is now gaining attention globally and is no longer being ignored.

Only a few years back, XRP was facing intense legal scrutiny. At present, it is being featured on international exchanges, with compliant investment products paving the way for wider adoption.

From being monitored by regulators to becoming highly favoured by institutional investors, XRP is clearly starting a new chapter.

Read also:- XRP ETF Receives Green Light, But It’s Not a Spot Version

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

If Dogecoin breaks out of the flag pattern, its price could rise to $0.22.

DOGE breaking above $0.19 might cause a $55 million short position wipeout.

DOGE public traders vs professional investors.

Dogecoin Price Update

A bull flag pattern formed on the 1-hour chart for the DOGE/USD pair. The strong price increase from $0.1520 to $0.1850 created the ‘flagpole’ after a big rise in buying pressure.

DOGE price showed a period of consolidation within two downward-facing trend lines. Therefore, it developed the flag sequence from $0.1680 to $0.1840. This price trend commonly suggested a temporary break before a further trend, as the ongoing uptrend had the potential to persist.

The Dogecoin price was reaching the top boundary of the flag pattern between $0.1810 and $0.1840 at the moment of analysis. If the price breaks above the resistance, it could confirm the bull flag pattern and lead to a potential price rise.

This could push DOGE toward hitting $0.22 by measuring the distance from the starting at the breakout point and extending through the flagpole’s length.

If the price breaks above resistance, it could create strong positive momentum, attracting more investors. However, if the price drops below $0.1680, it would cancel the bullish outlook for DOGE.

If the price drops to $0.1600 and $0.1520, where the last strong price jump is initiated, then traders should observe consistent underperformance in Dogecoin’s worth.

Dogecoin Short Liquidations Surge as Price Gains Momentum

Traders observing DOGE prices would find themselves on the corner because of the possibility of price changes. A surge in price above $0.19 would trigger millions of dollars in short positions liquidation dangers. It might surpass $55 million.

Reviewing heatmaps disclosed that short sellers had heavily committed to their positions by about $0.1908. That is expected to trigger considerable market changes.

DOGE has been falling in price for the past three months, dropping from $0.44 to around $0.15. Most traders made strong bets on the price dropping further between $0.19 and $0.25, which created areas with less liquidity.

If DOGE drops below $0.19, it could trigger a quick series of sell-offs, as short sellers would have to buy back their positions to limit losses. Market data indicates that $55 million worth of short positions could be quickly liquidated.

Public Traders Vs Professional Investors 

The mood within the DOGE network showed 

excited expectations as the sentiment reading hit 0.77. The whole hopeful prospective outlook about Dogecoin could have developed from social media attention and heightened interest in cryptocurrency.

According to professional investors’ sentiment readings of -0.32, knowledgeable traders and investors showed a negative attitude toward the DOGE price.

The exceptional market insight, merged with greater capital, was likely to continue a more guarded perspective about the future of Dogecoin price achievement.

The difference between what the general public thinks and what experts say could lead to big price changes during times of cryptocurrency market shifts.

Read also:- Solana’s Price Soars to $296 with This Breakout Pattern?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

Solana Price broke through the falling wedge formation, climbing 50% from the $100 demand level.

Above $20M in short positions were closed out as SOL surged beyond $152 with strength.

The next resistance aims are $205, $263, and $296, per Lucky’s upward trend chart.

Analyst Spots Critical Falling Wedge Breakout

Crypto expert Lucky detected a falling wedge setup that had squeezed Solana’s price market movement since late 2024. This setup, commonly a sign of a bullish turnaround, surged above $100 and was followed by powerful price movement. In just a few days, the altcoin crossed $150, confirming the trend.

Lucky’s roadmap, released on April 23, set a short-term goal of $180 and predicted higher targets of $205, $263, and $296. The breakout was backed by a double-bottom pattern, with Solana closing above the $147 resistance. Now, this level serves as important support.

Short Squeeze Accelerates Solana’s Price Rise

In addition, a report from SolanaFloor disclosed above $20 million in short liquidations in the last 24 hours. As Solana prices surged to $152, these holdings were closed under pressure. That added purchasing pressure and ran the surge.

Importantly, liquidations reduce the number of over-leveraged traders who slow down price changes. This helped create a short squeeze, allowing SOL’s price to move closer to higher resistance levels more easily.

According to CoinMarketCap, at the reporting time, Solana’s price was trading at around $151.82, rising 8.6% in the last 24 hours. Trading volume and market volatility stayed high.

Meme Coin Rally Strengthens Bullish Outlook

Solana’s current rise has also been driven by a quick surge in meme coin valuations within its network. Solana meme coins have increased in worth by 23% in total market value in the past 24 hours, surging up to $8.7 billion.

BONK and WIF rose to prominence as the top tokens with their daily boost rates exceeding 20%.

Even though altcoins are going up in price, there are still legal problems. On April 21, a new complaint was filed against Meteora, a Solana-based decentralised exchange. The people suing claim that Meteora was running a pump-and-dump scam with the M3M3 token, cheating investors out of $69 million.

Even though M3M3’s price is 98% lower than its highest point, the legal attention it got made investors interested again in Solana’s other meme tokens.

On-Chain Data Confirms Strong Growth in Solana’s Ecosystem

Significantly, Solana’s price has observed a surge in on-chain activity. According to the DeFiLlama report, the overall value secured in the ecosystem has surged by $500 million in the last 48 hours. It has hit its two-month peak. At the same time, decentralised exchange volumes on Solana surged to $2.94 billion.

The growth on-chain happened along with more activity in meme tokens and greater use of DeFi. These trends show that investors are becoming more confident in using the Solana blockchain for assets and trading.

On the other hand, resistance zones at the reporting time were trading at $180, as pointed out by the double-bottom breakout projection. Additionally, the technical study of Lucky detected $205, $263, and $296 as the upcoming resistance zones.

Read also: Bitcoin ETF Experiences $3.06B Inflows After Weeks of Losses

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

U.S. Bitcoin ETFs have remarkable $3 billion inflows, hitting the first continuous weekly surge since March.

Bitcoin surges close to $94k, boosting optimism and significant institutional ETF inflows.

Bitcoin ETF Hits Record Highs

According to the reports from SosoValue, these exchange-traded products combined registered $3.06 billion in inflows by the 26th of April, recording their first back-to-back weekly gains since late March.

The current rise stands in stark contrast to the heavy outflows observed at the beginning of this month, containing an unbelievable $713.30 million in withdrawals by the 11th of April.

While $172.69 million came in the next week, this new milestone shows a big change in investor attitude.

Significantly, the last time U.S. Bitcoin ETFs faced back-to-back weekly inflows throughout the week ended on the 28th of March, when they recorded $196.48 million.

At present, the momentum not only mentions renewed trust in Bitcoin-focused investment options but could also fix the tone for the overall market rebound.

The rise in Bitcoin ETF inflows seems to reflect the overall positive feeling spreading through the crypto market.

The Impact of Recent Events on Bitcoin and the Crypto Market

According to CoinMarketCap, bitcoin surged to $94,197.02 after a moderate 0.50% rise in the last 24 hours.

Significantly, the funds have risen to nearly 11% in the last week, getting nearer to the pivotal $94k point.

This sharp price increase has not only energised Bitcoin holders but has also boosted confidence in major altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL), with each seeing gains of about 2%.

BlackRock’s IBIT Grabs the Limelight

In reality, data from Farside Investors disclosed that spot Bitcoin ETFs generated a remarkable $442 million in inflows on the 24th of April individually.

BlackRock’s iShares Bitcoin Trust (IBIT) offered a significant $327.3 million to the total.

This points to an unbroken series of positive inflows since the 17th of April, mentioning a reignited surge of institutional trust.

To support the positive market mood, U.S. spot Bitcoin ETFs saw a net inflow of 11,898 BTC in just one day, the highest since November 11, 2024.

As Bitcoin’s momentum picks up, more institutional involvement could mean the start of a stronger and longer-lasting rise in the overall crypto market.

Read also: 10 Best Crypto Investment Books for Aspiring Investors

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Cryptocurrency and blockchain technology can be very confusing for most beginners. As the markets change quickly, it is more important than ever to have good, organised information. Unlike short articles online, books are still one of the best ways to get clear and detailed knowledge. Whether you want to start investing or just understand how blockchain works, some books are especially helpful. This article shares a list of the best crypto investment books that can give beginners a strong start in the world of digital currency.

Why Books Are Essential for Learning Crypto

Even though there are lots of podcasts, videos, and blog posts today, books still give a better and more organised way to learn. Books share carefully researched information in a clear and logical order. Unlike short social media posts, books let you dive deeper into topics like how the economy works, how blockchain is used, and how investors think. This helps readers learn to think more critically and make smarter decisions.

Top 10 Crypto Investment Books for Beginners

“The Bitcoin Standard” by Saifedean Ammous

This is the study of the history of money and how Bitcoin is used as a decentralised currency relative to traditional currency. This is essential for understanding Bitcoin’s financial value.

“Cryptoassets” by Chris Burniske and Jack Tatar

It has detailed knowledge about digital funds other than Bitcoin, the book presents analytical models for crypto investments.

“Mastering Bitcoin” by Andreas M. Antonopoulos

While involving technical details, the book presents a clear clarification of the mechanics of how Bitcoin works. It’s valuable for those fascinated by diving into more complex blockchain operations.

Understanding Bitcoin and Blockchain: A Beginner’s Guide by Antony Lewis

Characterised as easy to read, the book explains blockchain technology, mining, wallets, and trading crypto in plain terms.

“Blockchain Basics” by Daniel Dresche

A layman’s book explaining blockchain constructs in analogies and a step-by-step learning progression.

“Bitcoin and Cryptocurrency Technologies” by Arvind Narayanan et al.

A detailed study that explains the technical, financial, and legal sides of cryptocurrency.

“Digital Gold” by Nathaniel Popper

A book depends on the story that monitors the experiences of early Bitcoin adopters, programmers, and the political impact of digital currency.

“The Only Cryptocurrency Investing Book You’ll Ever Need” by Freeman Publications

This book explains topics like portfolio diversification, token selection, and risk management from the viewpoint of beginners.

“Blockchain Revolution” by Don and Alex Tapscott

This book focuses on how blockchain will change industries, making it important to read about its large-scale applications.

“Investing in Crypto Assets: The Essential Guide” by David Cox

A well-rounded book between theory and practical steps for a beginner seeking their first crypto investment plan.

Conclusion

The crypto world is always changing, but the basic ideas stay the same. For new buyers, reading good, well-researched books is a clear and organised way to start. The ten books listed here provide different perspectives on digital assets, covering topics from economics to technical details. A thoughtful approach to learning leads to smarter investment choices and continued engagement in the crypto market.

Read also:- Why BlackRock Is Avoiding an XRP ETF Filing

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

While XRP ETFs are starting to draw institutional attention, BlackRock, the world’s biggest fund manager, stays out of the fray. Despite the applications from companies like Grayscale and Bitwise, BlackRock has not taken any steps toward launching an XRP ETF.

BlackRock’s XRP ETF: Why the Delay?

Market experts claim BlackRock sees no strong motivation to dive into the XRP ETF market. The company is already making substantial profits via its Bitcoin and Ethereum ETFs. Its Bitcoin ETF claims superiority over $30 billion in funds, while its Ethereum ETF currently surpassed the $1 billion threshold in only two months.

Given how well these products are doing, BlackRock seems happy to focus on funds that are easier to trade and have more demand from big investors, putting XRP aside for the time being.

The CIO of Bitwise company, Matt Hougan, mentioned that while interest in XRP is increasing, it has not yet surpassed the target needed to quicken BlackRock’s contribution. Generally, BlackRock answers after clarification and ongoing institutional interest before joining a new market, and XRP has not surpassed that barrier yet.

ETF analyst Nate Geraci highlights that BlackRock is likely choosing to hold off and watch. Rather than taking the lead, BlackRock is observing how opponents like Grayscale and Franklin Templeton manage the XRP ETF space. The company is also intensely observing the regulatory landscape, especially how the U.S. Securities and Exchange Commission (SEC) responds to early XRP ETF filings.

Exploring Grayscale’s XRP ETF Filing

While BlackRock is still being careful, Grayscale has already made a move by applying for an XRP ETF. Grayscale’s filing shows that smaller investment companies are becoming more confident that clear rules for XRP are coming soon. Even though the SEC has not approved any XRP ETFs yet, Grayscale’s action adds pressure on regulators to explain the rules clearly and might help speed up the approval process for XRP ETFs.

Ripple vs SEC Result Remains Important

The SEC’s position on XRP ETFs is still unclear, mainly because the Ripple vs. SEC court case is still happening. FOX Business reporter Charles Gasparino says BlackRock probably won’t try to launch an XRP ETF until all the regulatory issues are sorted out. The result of the Ripple case will be very important in deciding when the XRP ETF might get approved and if it will become more widely accepted.

Further emphasising the careful strategy is BlackRock’s interaction with a fraudulent XRP ETF filing in 2023, which creates uncertainty in the market. Market experts mentioned that BlackRock is presently even more cautious about its reputation and will only take action when the legal rules and market situation are completely favourable.

When Can We Expect the U.S. SEC to Approve the XRP ETF?

The XRP ETF approval process is intimately linked to the resolution of Ripple’s legal case with the SEC and a wider adoption in big investor demand. Industry experts indicate that an XRP ETF green light date could remain months away, leaning significantly on legal developments in 2025. Until then, news about the XRP ETF will probably focus on applications, SEC reviews, and smaller companies moving forward.

At present, investors excited about an XRP ETF will require further regulatory guidance and a stronger market need to motivate BlackRock and potentially others to do something.

Read also: Best 10 Blockchain Courses to Take in 2025

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

2025 is a key year for digital technologies, with blockchain becoming more important in areas like decentralised finance, Web3, and business data solutions. As more industries adopt blockchain, the need for experts has grown rapidly. To enter the field or advance your career, you need practical, in-depth knowledge, and taking an advanced blockchain course is one of the best ways to gain that expertise.

The Importance of Blockchain Education in 2025

Blockchain is no longer just for cryptocurrency. It supports smart contracts, digital identity programs, clear supply chains, and decentralised apps. As a result, knowing blockchain is becoming essential for tech jobs. By 2025, blockchain training will offer more than just technical skills, it will open up career opportunities, business ideas, and innovation in both public and private sectors. A strong understanding of blockchain basics, coding, and governance will give students the tools to confidently create, assess, and manage blockchain projects.

Top 10 Blockchain Learning Opportunities for 2025

Explore the Blockchain Specialisation by the University at Buffalo on Coursera

At the top of the list is Coursera’s Blockchain Specialisation, created with the University at Buffalo. The course covers basic topics like decentralised apps, consensus algorithms, and creating smart contracts. It’s one of the most popular courses for learners looking for a thorough but efficient way to study blockchain.

Certified Blockchain Developer: A Blockchain Council Certification

Blockchain Council Qualified Blockchain Programmer is a course meant to train candidates for blockchain programming roles. The course has detailed lessons on blockchain design and creating smart contracts.

MIT Sloan School of Management: Blockchain Technologies Course

MIT Sloan’s Blockchain Technologies course is different because it focuses on how businesses can use blockchain. It’s best for leaders who want to learn how to use blockchain in real-world operations.

Learn Ethereum and Solidity: The Complete Developer’s Course on Udemy

Udemy’s Ethereum and Solidity: The Complete Programmer’s Guide presents project-based learning, giving a simple starting point for Ethereum-based development. It instructs programmers on the expertise in the essentials of creating smart developments.

Master Blockchain Basics with BerkeleyX via edX

BerkeleyX introduces an immersive program known as Blockchain Fundamentals, which is backed by UC Berkeley. It merges technical analysis with educational challenges, making it ideal for both starters and professionals aiming for growth.

Exploring Blockchain Technology: An IBM Guide

IBM’s Introduction to Blockchain is a course designed for businesses that also gives you access to Hyperledger tools. The course focuses on practical, real-world solutions for businesses and awards a digital badge for professional certification upon completion.

Master Blockchain Architecture: Certification by EC-Council

For architects and strategists, EC-Council’s Certified Blockchain Architect course facilitates systematic education in system design. It’s created for experts who are in charge of executing blockchain in information technology systems.

Business Blockchain Essentials: Linux Foundation’s edX Course

This course is available for those students who desire to apply blockchain within an organisational climate. It concentrates on real-world applications with the execution of Hyperledger frameworks.

The Blockchain Academy: Unlock Your Blockchain Potential with 101 Blockchains

101 Blockchains has an extensive educational system via The Blockchain Academy. This is a pattern of self-study qualification programs, master webinars, and regular newsletters that keep learners informed about the latest trends in the field.

Hyperledger Blockchain Technologies: Learn with edX and the Linux Foundation

The “Hyperledger Blockchain Technologies” course on edX is a detailed and technical look at blockchain for businesses. Created with the Linux Foundation, it is one of the most thorough Hyperledger courses available.

Read also:- BONK on the Rise: 12% Surge Signals More Upside Ahead

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

BONK completed a breakout with a 17.28% Open Interest surge and a positive price pattern.

Rising funding rates, money moving off exchanges, and the chance of more short positions getting closed all suggest the price could keep going up.

Bonk (BONK) has pushed above its extended descending pattern, affirming upward momentum that could mark the start of a major trend shift.

At the reporting time, BONK traded at $0.00001595 after surging 12.56% in the last 24 hours. The price moved close to the $0.00001900 level, which is an important point that could either confirm the breakout or slow things down.

17% Surge in Derivatives Exposure Signals Increased Trader Activity

The breakout has triggered a powerful response in the futures and options market, where Open Interest climbed by 17.28% to hit $23.68 million.

This sudden rise shows that traders are becoming more self-assured in BONK’s rising potential, placing funds into long trades.

When open interest increases along with a rising price, it usually shows that the move is driven by strong confidence, not just speculation.

Hence, the recent surge indicates that the rally is drawing in dedicated investors, not only short-term trend followers.

Positive Funding Rates Return as Long Positions See Increased Demand

The derivatives report indicates the Oi-weighted funding rate has shifted positively at 0.0064%, indicating a return of bullish sentiment in the market.

This change highlights a stark difference from the previous weeks of neutral-to-negative investment, where shorts led sentiment.

A positive investment rate indicates that traders are paying extra to keep long positions, showing the increasing need for upward potential.

While the rate stays steady and prevents the threat of overly leveraged optimism, it indicates a change in trading sentiment driven by fundamentals.

Rising Exchange Outflows Highlight Holding Behaviour

On-chain data shows a total outflow of $1.39 million from centralised trading platforms, indicating that BONK holders are shifting their preference toward long-term storage over active trading.

This shift means fewer coins are available on exchanges, which lowers selling pressure and makes it more likely that prices will keep going up.

In the past, big exchange outflows like this usually happened during strong price rallies, as holders expected prices to rise even more.

On the other hand, this behaviour agrees with the overall sentiment observed across derivatives, where traders are aiming for more positive price action.

Short Squeeze Risk Grows with Clustered Positions

At present, BONK’s price action is entering an essential liquidity zone, where short interest is heavily concentrated between $0.01520 and $0.01650.

As the price rises, short positions are at risk of being forced to sell, which could cause more buying and lead to a bigger price surge. 

The liquidation map shows that traders using high leverage, especially 10x and 25x, are most at risk in this area.

If the momentum remains strong and triggers large-scale liquidations, BONK could break past $0.00001900 quickly, triggering rapid progress toward the $0.00003257 target.

This configuration generates a self-reinforcing loop where increasing prices fuel additional buying triggered by forced sell-offs.

Summary:

BONK’s price rise is backed by increasing interest in the market, positive funding rates, strong outflows from exchanges, and pressure building on short positions.

These factors suggest that the price is gaining bullish momentum. If the $0.00001900 level becomes support, BONK could rise further toward the $0.00003257 target in the upcoming few days.

Read also:- DOGE Bulls Are Looking for a Reversal – Bottom Is In?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

The SEC postponed its ruling on proposed 19b-4 rule shifts that would allow the trading of ETFs depending on the spot price of Hadera and Polkadot.

The agency has also postponed a decision on a proposal for assets depending on the results of Bitcoin and Ethereum.

There are 72 applications related to crypto currently waiting for approval, and these are part of that group.

The U.S. Securities and Exchange Commission (SEC) has decided to wait longer before making a decision on requests to change the rules. These changes would allow new exchange-traded funds (ETFs) that follow the current price of Polkadot and Hedera, and another fund that tracks how Bitcoin and Ethereum are doing. This update was shared in official documents on Thursday.

The SEC has until June 11 to make a decision on rule change requests from the Nasdaq Exchange. These requests are for launching the Canary HBAR ETF and turning the Grayscale Polkadot Trust into an ETF. The SEC also has until June 10 to decide on a similar request from the New York Stock Exchange for a Bitwise Bitcoin and Ethereum ETF.

Canary Capital, Grayscale Investments, and Bitwise Investments submitted paperwork for the funds earlier this year. They are part of a wave of ETFs that applicants have suggested in previous months to monitor major altcoins following last year’s highly successful launch of products monitoring the price of Bitcoin and Ethereum. Applicants have 72 crypto-related or crypto-focused ETFs waiting for SEC approval.

Last week, Canary filed an application for a fund monitoring Tron’s TRX token, which would include staking advantages. It has additionally suggested spotting Solana, PENGU, and Sui ETFs within its submissions. Grayscale has put forward funds linked to Solana, Cardano, XRP, Dogecoin, Litecoin, and Avalanche, while Bitwise has submitted a request for ETFs monitoring DOGE and Apots, including several others.

Applicants, including crypto-focused companies and established financial organisations, have requested funds that focus on options trading and companies that are publicly listed and operate in that field.

“It’s going to be an exciting year,” joked Bloomberg Senior ETF Analyst Eric Balchunas in a recent post on X (formerly Twitter).

The Grayscale Bitcoin Trust (GBTC) manages nearly $18 billion in assets, making it the second largest among the 11 spot Bitcoin ETFs approved by the SEC last year. It was converted from an existing trust. The Bitwise Bitcoin ETF manages about $3.6 billion in assets, ranking fifth among these products.

These Bitcoin assets manage about $100 billion in AUM and have been some of the quickest expanding products in the ETF industry’s 32-year history, creating a need for more crypto funds.

Hedera surges around 5% on a single day, while Polkadot has climbed nearly 7% in the last 24 hours.

Read also:- Ethereum to Reach $5K Before 10-Year Anniversary, Says Justin Sun

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

Main Takeaways:

Justin Sun, founder of Tron, expects Ethereum (ETH) will reach $5,000 before its 10th anniversary in July 2025.

His birthday is on the same day Ethereum was launched, July 30, 2015. He mentioned this to point out the big celebrations that the Ethereum Foundation is planning around the world.

Ethereum is presently trading below $1,800, and while enthusiasm increases, scalability issues and costly transaction fees remain a concern. 

Tron founder Justin Sun expects that Ethereum could reach $5,000 in months. He shared his thoughts amid the Ethereum community, setting the stage to celebrate the 10th anniversary of the ecosystem in July 2025.

The price expectation has sparked excitement and talks in the crypto market, especially as Ethereum is presently trading under $2,000.

Justin Sun expressed his views on X (formerly Twitter). He mentioned a personal relationship; his birthday occurred on July 30, on the same date Ethereum was launched in 2015.

Sun used that opportunity to team up with the Ethereum Foundation to promote the upcoming worldwide celebration. The Foundation mentioned that there will be meetups around the world, both big and small. People and groups can organise their own local events.

Sun Charts’ Aggressive Path to Increase Ethereum’s Worth

Sun not only made a bold prediction about the price but also provided a clear strategy that could help Ethereum reach $5,000 quickly.

He was the first to propose that the Ethereum Foundation stop the ETH sale for a minimum of three years. He explained that this would reduce the amount of ETH available and encourage people to hold onto their tokens for a longer time.

Sun recommended using a lending and staking system like AAVE to cover the foundation’s expenses without selling ETH. He assumed that this would provide advantages to the fund operations while ensuring Ethereum’s supply remains stable.

He also recommended shifts within the Ethereum Foundation itself. Sun thinks the team should be smaller, focusing on keeping the top developers and paying them more. He believes this would lead to better work and a stronger Ethereum ecosystem.

Ethereum Sets the Stage for Future Expansion

Ethereum is the second-largest cryptocurrency by market value. It is the network for thousands of decentralised platforms and has created smart contracts as the worldwide standard.

Despite it being successful, Ethereum has had its share of critics over the years. High gas charges are a generally criticised problem, as well as long transaction delays and a lack of capacity to scale.

A future upgrade called Pectra in May 2025 could improve the process. The upgrade is expected to lower transaction fees and make it easier to enforce contracts across the network.

According to CoinMarketCap, at present, Ethereum is trading at around $1,771. The whole market will be interested to observe if the new factors and a new world will lead to the growth Sun is talking about.

Sun’s support for Ethereum is especially interesting because he is the founder of Tron (TRX), which is observed as a competitor to Ethereum. Still, he keeps his ETH and regularly speaks positively about Ethereum’s progress.

Read also:- China Says No Tariff Talks Are Happening with US – Another Dump Coming?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.