3 Ethereum charts flash signal last seen in 2017 when ETH price rallied 25,000%

Key takeaways:

Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles.

ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally.

The MVRV Z-Score has entered the accumulation zone, signaling undervaluation.

Ethereum’s native token, Ether (ETH), is flashing a combination of technical and onchain signals once seen in the early stages of its 2017 bull run, a cycle that produced over 25,000% gains.

Dragonfly doji hints ETH bulls are regaining control

Ether is flashing a rare Dragonfly Doji candlestick on its monthly chart, the same structure that preceded its historic 25,000% rally during the 2017 bull cycle.

This pattern is confirmed when the price prints a long lower wick, little to no upper wick, and closes at or near its opening level.

On Ether’s monthly chart, the candlestick reflects a sharp intra-month rejection of

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CZ aims to teach 1 billion kids through Giggle Academy — Token2049

Binance co-founder Changpeng “CZ” Zhao wants to provide free education for up to a billion children worldwide with his Giggle Academy venture, he told an audience at Token2049 in Dubai, United Arab Emirates (UAE).

“In a few years, I think, I want to teach 100 million or 1 billion kids for free,” Zhao told the audience. Giggle is a free online platform that provides elementary education through gamified lessons.

“With the technologies we have today, it’s not that hard to make an app that will stick, that’s educational, but also glues the kids to the device,” the crypto entrepreneur said.

Raoul Pal pictured (left) and Binance co-founder Changpeng Zhao (right) at the Token2049 conference in Dubai. Source: Cointelegraph

Giggle’s concept paper outlines the project’s goal of providing K-12 education globally for free by offering non-traditional educational courses in topics such as negotiations, finance, entrepreneurship, sales, legal, accounting, blockchain, and

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Bitcoin ‘aging’ chart projects sixfold BTC price rally above $350K

Key takeaways:

Bitcoin’s price increased by sixfold each time its age increased by 40%.

If the pattern holds, Bitcoin could rally to $351,046 in 2025.

New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price to hit $351,046 in 2025.

According to 21st Capital co-founder Sina, the study plots Bitcoin’s price on a log-log graph, showing a linear relationship that reflects predictable long-term growth driven by network dynamics, a behavior characteristic associated with BTC’s limited supply. 

Bitcoin 40% age increase-price rise comparison chart. Source: X.com

The math behind the price target relies on Bitcoin’s age in years and a 6x price multiplier per 40% age increase. For instance, from age 8.83 years in 2017 ($19,666 peak) to age 12.83 years in 2021 ($68,000 peak), the age grew by 45%, but

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Tether plans US stablecoin launch as soon as this year — CNBC

Tether plans to launch a stablecoin product in the United States as soon as this year, the stablecoin issuer’s CEO, Paul Ardoino, said in an April 30 CNBC interview.

Tether’s flagship stablecoin, USDT (USDT), is already the US dollar’s top “exporter,” Ardoino told CNBC. It has a market capitalization of nearly $150 billion, according to data from CoinGecko. 

Now, Tether is preparing to expand into the US market “by the end of this year or early next year, at the fastest,” Ardoino said, adding that the timing depends on US lawmakers’ progress on stablecoin legislation.

The stablecoin issuer is working to woo US regulators by proactively collaborating with law enforcement and highlighting USDT’s benefits for the US economy.

“We are just exporters of what we believe to be the best product the United States ever

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VC Roundup: Funding surge targets confidentiality, tokenization and Web3 infrastructure

After months of volatility and extreme fear, crypto markets turned a positive corner in the second half of April, highlighting the industry’s big sentiment shift

For venture capital, it was business as usual, with investors continuing to pour money into promising startups across layer-1 blockchains, infrastructure, real-world asset tokenization (RWA), and Web3 social media.

This edition of VC Roundup highlights six notable funding deals from April.

Unto Labs raises $14.4M for layer-1 blockchain

Blockchain R&D company Unto Labs raised $14.4 million to continue developing its scalable layer-1 network called Thru. The pre-seed and seed funding was led by venture firms Electric Capital and Framework, with support from angel investors in the Solana engineering community.

The company is led by former Solana contributor Liam Heeger, who argues that “blockchains painted themselves into a corner by inventing custom Virtual Machines (VMs),” which he believes has prevented mainstream adoption.

Thru is built on

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Ethereum Pectra upgrade goes live next week — Will ETH price rally?

Key takeaways:

ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network.

Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH.

Data suggests ETH price bottomed. Will the Pectra narrative reignite bullish momentum?

Since 2024, ETH (ETH) has been more of a meme than a market mover. Unlike most of its rivals, ETH still hasn’t reclaimed its all-time high of $4,870 from November 2021, and it regularly underperforms even in the weak altcoin market. Currently, ETH trades at $1,813, down 56% from its local peak in December 2024.

Despite the dismal price action, dismissing Ethereum as a relic may be premature. The network continues to evolve, and the upcoming Pectra upgrade scheduled for May 7 could rekindle market interest. By addressing long-standing user experience challenges and improving staking, Pectra may help Ethereum

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Ripple $4B-$5B bid to purchase Circle rejected — Report

Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected.

According to an April 30 Bloomberg report, Ripple put in a bid of between $4 billion and $5 billion as part of an attempted takeover of Circle, which was rejected as being too low. Ripple hasn’t considered whether to make another bid to purchase the stablecoin issuer.

The reported acquisition came less than 30 days after Circle applied for an initial public offering (IPO) in the US. Cointelegraph reached out to representatives of Circle and Ripple for comment, but did not receive a response from either at the time of publication.

This is a developing story, and further information will be added as it becomes available.

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Price predictions 4/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points:

Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion.

Bitcoin’s breakout above $95,000 could swiftly take it to $100,000 and above.

Although the probability is low, traders should remain cautious about a pullback in the near term.

Bitcoin (BTC) has been trading in a tight consolidation near the $95,000 level for several days. K33 Research head of research Vetle Lunde said in a post on X that Bitcoin’s 7-day volatility has hit a 563-day low.

A range expansion usually follows a low-volatility period. Although it is difficult to predict the direction of the breakout, a tight consolidation just below a crucial resistance increases the likelihood of an upside rally. Several analysts are also optimistic that Bitcoin’s break will occur to the upside.

Crypto market data daily view. Source: Coin360

Although

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Global demand grows for non-dollar stablecoins, says Fireblocks exec

Governments outside the US, including Singapore, are increasingly interested in stablecoins not tied to the US dollar, despite their currently limited liquidity, Fireblocks director of policy Dea Markova told Cointelegraph at Token2049.

In an exclusive interview, Markova described the competition with dollar-pegged stablecoins as “all about sovereignty.” She compared the situation to earlier tensions between governments and US payment giants like Visa and Mastercard. “Now we’re seeing the same dynamic with stablecoins — on a smaller scale for now — but they’re definitely emerging as a new arena for sovereign concerns,” she said.

According to Markova, dollar-pegged stablecoins operating in the European Union are already “having a massive headache,” particularly from central banks. “Even though they’re compliant and regulated, they’re having a fixed push back.”

Dea Markova at Token2049. Source: Cointelegraph

The European Central Bank is increasing pressure to accelerate the development of a digital euro, citing concerns over

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Bitcoin selling at $95K is ‘profit-taking pressure test’ but BTC whales are still buying

Key Takeaways:

US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.

Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.

Whales are accumulating BTC, but smaller holders are selling, hinting at profit-taking.

Bitcoin’s (BTC) price dropped under $93,000 on April 30, after the US Gross Domestic Product (GDP) data revealed a -0.3% contraction in Q1. While the GDP missed expectations of +0.3%, the GDP Price Index soared to 3.7%—the highest since August 2023. Polymarket odds of a recession in 2025 hit 67%, with consumer confidence at its lowest since May 2020.

Quarterly US GDP growth data. Source: X.com

Meanwhile, in March 2025, PCE (Personal Consumption Expenditures) inflation fell to 2.3% (above the expected 2.2%), and Core PCE dropped to 2.6% (in line with expectations). Still, February’s Core PCE was revised from 2.8% to 3.0%, signaling mixed

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