AltSignals Blog

Ethereum’s bullish confirmation targets a 34% gain, increasing its value to $6,100. The percentage of ETH supply held on exchanges has dropped for the first time since 2016 to 12%, indicating a supply squeeze and long-term accumulation. Ethereum hit a multi-year high at $4,792, indicating potential for growth as bullish projections cite institutional demand and decreased supply on exchanges as factors.

Former biotech company 180 Life Sciences rebrands to ETHZilla, focusing on Ether treasury strategy and reporting current holdings of $350 million in Ether. The shift mirrors similar moves by other companies, reflecting a growing trend in the integration of cryptocurrency in corporate finance.

Justin Sun, the founder of TRON, has filed a lawsuit against Bloomberg after his profile was published in the Bloomberg Billionaires Index. The lawsuit alleges misrepresentation of Sun’s assets and breach of promise to keep his wallet addresses secret. The profile estimates his net worth at $12.4 billion, attributing it mostly to TRX holdings. Sun claims that disclosing his wallet addresses could expose him to risks of hacking and kidnapping.

After the LIBRA scandal, smaller-cap AI agent tokens such as SwarmNodeai and Heurists are gaining solidly despite continued struggle among AI agent metas leaders like AI16Z and VIRTUAL. The boost in these low-cap agentic AI asset values is sparking positivity in the pumpfun ecosystem, promoting altcoin performance. Despite the surge, AI tokens remain significantly down from their peak values.

NEAR Protocol experienced significant volatility in a 24 hour period, with prices varying from $2.78 to $3.05. The decrease in value was driven by heavy institutional selling, despite strong asset fundamentals. The token showed recovery with strategic institutional buying, resulting in an accumulation phase rather than speculative retail activity.

Crypto markets see a surge after President Trump approves the inclusion of cryptocurrencies in 401(k) retirement plans. Significant gainers include Ethereum, breaking past $4,200 for the first time since December 2021, and Bitcoin, reaching $122,227. The total cryptocurrency market hits a new all-time high at $4.144 trillion, with Bitcoin dominance dropping below 60%. Lastly, investment funds experience a turnaround, pulling in $1.57 billion following the 401(k) executive order.

The article discusses the potential impact of peace talks on Bitcoin’s price through the lens of energy costs, inflation, and interest rates. It reviews Bitcoin’s performance following Russia’s invasion of Ukraine in February 2022 and explores the different scenarios that could emerge from peace talks. The discussion also delves into Bitcoin’s connection to real interest rates, the strength of the US dollar and the role of Bitcoin ETFs, and spot and options markets. It concludes by weighing the possible outcomes for Bitcoin depending on the success or failure of peace talks.

Czech police arrest Tomas Jirikovsky, the founder of a darknet marketplace, over a Bitcoin donation scandal involving former Justice Minister Pavel Blazek. Jirikovsky, previously convicted for criminal activities on the Sheep Marketplace, allegedly paid a significant Bitcoin sum to the ex-minister, leading to a high-profile resignation. The case brings to light the traceability of Bitcoin transactions and the crucial role of blockchain analytics in crime detection.

ALT5 Sigma, a firm initially set up as a health-tech company, is set to transform into a treasury for the Trump-backed World Liberty Financial Coin, known as the WLFI token. Following a stock and token deal, ALT5 raised $1.5 billion and plans to hold approximately 7.5% of the WLFI total supply. The WLFI tokens, which were previously non-transferable, are expected to begin trading as soon as the end of this month.