Price predictions 4/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

Key points: Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high. Solid spot Bitcoin ETF inflows do not always signal a short-term top. Select altcoins are showing early signs of a short-term trend change. Bitcoin (BTC) pierced the $95,000 resistance on April 28, but the bulls are struggling …

Global central bank gold rush could spark Bitcoin price run to new all-time highs

Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points. Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%. Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome …

Loopscale hacker in talks to return stolen crypto

The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said.  The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults on April 26, prompting the decentralized finance protocol to temporarily …

Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?

Key Takeaways: Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets. Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000. A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals. Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April …

Polymarket bets on Mark Carney win as Canadians head to the polls

Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party victory as residents head to cast their votes. As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal Party candidate Mark Carney a 79% chance …

BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why

What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which …

Bots against humanity — The battle for blockchain supremacy

Opinion by: Steven Smith, head of protocol and applied research, Tools for Humanity Blockchains were designed as systems of trust that are transparent, decentralized and accessible. The age of AI has, however, introduced significant new challenges. Nearly half of all internet traffic is generated by bots, with up to 80% of blockchain transactions now automated …

Ethereum Fusaka scheduled for late 2025: EVM upgrade likely included

Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official. In an April 28 X post, Ethereum Foundation co-executive director Tomasz Kajetan Stańczak said that the organization is aiming to deploy the Fusaka Ethereum network upgrade in Q3 or Q4 2025. …

Bitcoin could hit $210K in 2025, says Presto research head

Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin (BTC) will reach $210,000 by the end of 2025. In an April 28 interview with CNBC, Chung cited institutional adoption and global liquidity expansion as the primary drivers behind his long-term bullish outlook. The analyst acknowledged that market conditions …

Why do crypto bros like freedom cities?

When Donald Trump was running for president, he pledged to build 10 new US cities, dubbed “freedom cities,” from scratch, designed to improve the quality of life for Americans.  These new high-tech communities were to be created on public land, and they were going to be free of the “nightmare of red tape,” including lengthy …