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Crypto Markets Shed Over $100 Billion After Trump’s Latest Tariff Threats (Weekend Watch)

SUI Surges Past $3.86 While DOGE Eyes $0.40 Breakout: Could BitLemons ($BLEM) Be the Hidden Gem Set to Eclipse Both?

Bitcoin Faces Pivotal Test at $110K After Peaking at $111.9K: Rally Pause or Start of a Pullback?

Bitcoin’s Potential Pullback: Will the Golden Cross Trigger a Correction?

James Lavish Drops Truth Bomb: Bitcoin’s Future Path Will Shock Those Stuck In Old Cycle Thinking

Generations Betrayed: Why People Are Turning to Gold and Bitcoin

4 Top Cryptos to Join Now: Driving Unmatched Growth and Innovation in 2025

Injective leads AI token surge with 12% rise – Is $17 possible for INJ?

Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield
25 days ago

Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield

April 28th, 2025 – Dubai, UAE Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one. Solstice Labs , an onchain asset manager backed by $1 billion digital asset investment firm Deus X Capital , today announced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL), providing users access to institutional-grade returns through automated delta-neutral trading strategies. Designed for both institutions and everyday users, USX is a synthetic stablecoin optimized for performance on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a 3-year track record showing 19.2% average over the last 12-months and protected by a dedicated insurance fund. “We’ve seen the same dynamic repeat in crypto: DeFi yields are constantly over-engineered, opaque or reserved for institutional players,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed at its core to change this by simplifying competitive yields in a transparent and sustainable way. All stablecoin users should have the opportunity to capture the yield that larger protocols keep to themselves while not giving up utility in the base asset. That’s the promise of DeFi, and that’s what we’re building at Solstice.” The Solana Stablecoin for Everyone Solana has quickly emerged as one of the fastest-growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months, at the time of publication. But while the chain has become a hub for stablecoin velocity, especially in MEV, arbitrage, and orderbook-style trading, it still lacks a dominant Solana-native stablecoin built for yield. USX is designed to fill that gap, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new onchain capital via yield-native stable assets. USX’s launch is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding the stablecoin’s utility across both centralized and decentralized exchanges. Built by the Team Behind Solstice Staking USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG , after a recent acquisition . Solstice Staking is one of the most trusted staking operations in the industry, currently securing: $1B+ in staked assets 9,000+ validator nodes 100% renewable energy-powered infrastructure 99.99% uptime for institutional reliability With a track record rooted in stability, Solstice is now focused on creating the next evolution of DeFi; one where transparency, performance, and access go hand in hand. Coming Summer 2025 USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io . Meet the team this week in Dubai during Token2049 at the Solana Mega Mixer , co-hosted by Solstice Labs and the Solana Superteam. About Solstice Labs Solstice Labs AG , a Deus X Enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the onchain era. Solstice’s Protocol leverages a registered approved manager to offer institutional-grade products to investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields. Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes. Users can learn more at https://solsticelabs.io and follow @solstice_io . About Deus X Capital Deus X Capital is a specialist investment and operating company focused on private equity, venture capital, and venture build opportunities in the capital markets, fintech, and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector. Contact Leslie Termuhlen press@solsticelabs.io This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield appeared first on The Daily Hodl .

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

SUI Surges Past $3.86 While DOGE Eyes $0.40 Breakout: Could BitLemons ($BLEM) Be the Hidden Gem Set to Eclipse Both?

By TokenIntel on May 24, 2025 | Market Insights The crypto markets are painting a picture of resilience and opportunity as we advance deeper into 2025. While established players like SUI and Dogecoin capture headlines with impressive price movements, a revolutionary newcomer is quietly building momentum that could reshape the entire gaming and DeFi landscape. BitLemons ($BLEM) isn’t just another token riding market waves—it’s a revenue-generating powerhouse that’s already proven its mettle with over $2 million raised and a fully operational crypto casino disrupting the $450 billion traditional gaming market. Smart money is flowing toward projects with real utility and sustainable tokenomics, and BitLemons delivers on both fronts with its groundbreaking 30% Gross Gaming Revenue allocation model. While SUI tests new highs and DOGE attempts crucial breakouts, seasoned investors are recognizing that BitLemons represents something far more valuable: a chance to get in early on a protocol that generates revenue 24/7, burns tokens systematically, and rewards holders through high-yield staking—all while being backed by dual security audits from SpyWolf and SolidProof. Is SUI’s Momentum Sustainable at Current Levels? SUI has been commanding attention with its impressive surge to $3.86, driven by expanding adoption across the DeFi ecosystem and growing institutional confidence. The blockchain’s unique approach to parallel transaction processing has attracted developers and users alike, creating a virtuous cycle of growth that’s reflected in both price action and network activity. Technical analysis reveals SUI has maintained strong bullish momentum over the past seven days, with trading volume surging approximately 23% as the token broke through key resistance levels. The $3.80-$3.90 range has emerged as critical support, while bulls are eyeing the psychological $4.00 barrier. RSI readings suggest the token isn’t yet overbought, leaving room for continued upward movement if broader market conditions remain favorable. Can DOGE Finally Break the $0.40 Ceiling That’s Held for Months? Dogecoin is staging what could be its most significant breakout attempt in recent months, currently trading at $0.2451 while building pressure against the stubborn $0.40 resistance level. The meme coin’s community-driven momentum has intensified, with social media engagement and whale accumulation patterns suggesting renewed institutional interest in the original meme cryptocurrency. The past week has seen DOGE consolidate within a tight $0.23-$0.25 range, with volume increasing by roughly 18% as traders position for the anticipated breakout. Technical indicators show the 50-day moving average providing solid support around $0.22, while the $0.40 resistance remains the key level to watch. If DOGE can finally pierce this ceiling, analysts project a potential rally toward $0.48, representing nearly 100% upside from current levels. Why Are Savvy Investors Calling BitLemons the “Stealth Rocket” of 2025? While market participants debate whether SUI can maintain its momentum and DOGE can break its ceiling, BitLemons ($BLEM) is quietly executing a strategy that traditional crypto projects can only dream of achieving. This isn’t just another speculative token—it’s a fully operational crypto casino generating real revenue from over 8,000 games provided by industry giants like Evolution and Pragmatic Play. What sets BitLemons apart is its revolutionary tokenomics model that allocates 30% of Gross Gaming Revenue directly to token holders through a dual mechanism: 15% funds systematic token buybacks and burns, creating deflationary pressure, while the remaining 15% flows to stakers as high-yield rewards. With dual security audits from SpyWolf and SolidProof—validation that competitors simply cannot match—BitLemons has established itself as the institutional-grade choice in the GambleFi space. The numbers tell an incredible story of momentum and demand. Stage 1 sold out in just 16 days, Stage 2 has completely sold out, and Stage 3 is already 11.23% filled with tokens currently priced at $0.03. Having raised over $2 million including $1 million in seed funding, BitLemons is methodically advancing through its 13-stage presale structure, with each stage increasing the token price by $0.01. Industry insiders continue to whisper about potential listing prices between $0.17 and $0.18, representing extraordinary upside for current participants. BitLemons operates in a league of its own because it never sleeps—the platform generates revenue 24/7 while systematically reducing token supply and rewarding loyal holders. This creates a perfect storm of deflationary mechanics, passive income generation, and exposure to the massive $450 billion traditional casino market that’s ripe for blockchain disruption. Are you ready to position yourself ahead of the institutions who are quietly accumulating positions in the next generation of revenue-generating crypto protocols? While others chase momentum plays and hope for breakouts, BitLemons offers something far more valuable: a fundamentally sound investment backed by real revenue, audited security, and tokenomics designed to reward early believers. The window for seed-round pricing won’t remain open forever. With each presale stage bringing higher prices and growing investor demand, the opportunity to secure allocation at current levels represents a rare chance to participate in what could become the defining success story of the 2025 crypto cycle. Don’t let this incredible seed entry opportunity slip through your fingers while you’re watching others chase yesterday’s winners. Discover the Exciting Opportunities of BitLemons ($BLEM) Presale Today! Website: https://presale.bitlemons.io/ Socials: https://linktr.ee/bitlemons Disclaimer: This is a sponsored article and is for informational purposes only. It is not intended to be used as legal, tax, investment, or financial advice. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post SUI Surges Past $3.86 While DOGE Eyes $0.40 Breakout: Could BitLemons ($BLEM) Be the Hidden Gem Set to Eclipse Both? appeared first on Times Tabloid .

By TokenIntel on May 24, 2025 | Market Insights The crypto markets are painting a picture of resilience and opportunity as we advance deeper into 2025. While established players like SUI and Dogecoin capture headlines with impressive price movements, a revolutionary newcomer is quietly building momentum that could reshape the entire gaming and DeFi landscape. BitLemons ($BLEM) isn’t just another token riding market waves—it’s a revenue-generating powerhouse that’s already proven its mettle with over $2 million raised and a fully operational crypto casino disrupting the $450 billion traditional gaming market. Smart money is flowing toward projects with real utility and sustainable tokenomics, and BitLemons delivers on both fronts with its groundbreaking 30% Gross Gaming Revenue allocation model. While SUI tests new highs and DOGE attempts crucial breakouts, seasoned investors are recognizing that BitLemons represents something far more valuable: a chance to get in early on a protocol that generates revenue 24/7, burns tokens systematically, and rewards holders through high-yield staking—all while being backed by dual security audits from SpyWolf and SolidProof. Is SUI’s Momentum Sustainable at Current Levels? SUI has been commanding attention with its impressive surge to $3.86, driven by expanding adoption across the DeFi ecosystem and growing institutional confidence. The blockchain’s unique approach to parallel transaction processing has attracted developers and users alike, creating a virtuous cycle of growth that’s reflected in both price action and network activity. Technical analysis reveals SUI has maintained strong bullish momentum over the past seven days, with trading volume surging approximately 23% as the token broke through key resistance levels. The $3.80-$3.90 range has emerged as critical support, while bulls are eyeing the psychological $4.00 barrier. RSI readings suggest the token isn’t yet overbought, leaving room for continued upward movement if broader market conditions remain favorable. Can DOGE Finally Break the $0.40 Ceiling That’s Held for Months? Dogecoin is staging what could be its most significant breakout attempt in recent months, currently trading at $0.2451 while building pressure against the stubborn $0.40 resistance level. The meme coin’s community-driven momentum has intensified, with social media engagement and whale accumulation patterns suggesting renewed institutional interest in the original meme cryptocurrency. The past week has seen DOGE consolidate within a tight $0.23-$0.25 range, with volume increasing by roughly 18% as traders position for the anticipated breakout. Technical indicators show the 50-day moving average providing solid support around $0.22, while the $0.40 resistance remains the key level to watch. If DOGE can finally pierce this ceiling, analysts project a potential rally toward $0.48, representing nearly 100% upside from current levels. Why Are Savvy Investors Calling BitLemons the “Stealth Rocket” of 2025? While market participants debate whether SUI can maintain its momentum and DOGE can break its ceiling, BitLemons ($BLEM) is quietly executing a strategy that traditional crypto projects can only dream of achieving. This isn’t just another speculative token—it’s a fully operational crypto casino generating real revenue from over 8,000 games provided by industry giants like Evolution and Pragmatic Play. What sets BitLemons apart is its revolutionary tokenomics model that allocates 30% of Gross Gaming Revenue directly to token holders through a dual mechanism: 15% funds systematic token buybacks and burns, creating deflationary pressure, while the remaining 15% flows to stakers as high-yield rewards. With dual security audits from SpyWolf and SolidProof—validation that competitors simply cannot match—BitLemons has established itself as the institutional-grade choice in the GambleFi space. The numbers tell an incredible story of momentum and demand. Stage 1 sold out in just 16 days, Stage 2 has completely sold out, and Stage 3 is already 11.23% filled with tokens currently priced at $0.03. Having raised over $2 million including $1 million in seed funding, BitLemons is methodically advancing through its 13-stage presale structure, with each stage increasing the token price by $0.01. Industry insiders continue to whisper about potential listing prices between $0.17 and $0.18, representing extraordinary upside for current participants. BitLemons operates in a league of its own because it never sleeps—the platform generates revenue 24/7 while systematically reducing token supply and rewarding loyal holders. This creates a perfect storm of deflationary mechanics, passive income generation, and exposure to the massive $450 billion traditional casino market that’s ripe for blockchain disruption. Are you ready to position yourself ahead of the institutions who are quietly accumulating positions in the next generation of revenue-generating crypto protocols? While others chase momentum plays and hope for breakouts, BitLemons offers something far more valuable: a fundamentally sound investment backed by real revenue, audited security, and tokenomics designed to reward early believers. The window for seed-round pricing won’t remain open forever. With each presale stage bringing higher prices and growing investor demand, the opportunity to secure allocation at current levels represents a rare chance to participate in what could become the defining success story of the 2025 crypto cycle. Don’t let this incredible seed entry opportunity slip through your fingers while you’re watching others chase yesterday’s winners. Discover the Exciting Opportunities of BitLemons ($BLEM) Presale Today! Website: https://presale.bitlemons.io/ Socials: https://linktr.ee/bitlemons Disclaimer: This is a sponsored article and is for informational purposes only. It is not intended to be used as legal, tax, investment, or financial advice. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post SUI Surges Past $3.86 While DOGE Eyes $0.40 Breakout: Could BitLemons ($BLEM) Be the Hidden Gem Set to Eclipse Both? appeared first on Times Tabloid . The Daily Hodl


This week saw Bitcoin’s stunning surge carry on, with the cryptocurrency for a moment nudging up to—and almost touching—$111,900 on several of the major exchanges before, uh, it kind of didn’t and came back down to earth, looking somewhat dazed and triggering what some are calling a fresh sell signal. Overall, the digital asset still seems to be in a bullish uptrend, but there are now some signs that it’s getting tired. Traders are closely watching key support levels to see whether this is a standard sort of retest or the beginning of a larger correction. The market finds itself in a critical situation, where pricing, liquidation, and investor sentiment are all doing their part to create an increasingly tense short-term outlook. Bitcoin Rally Pauses After $5K Surge: A Sell Signal Emerges The latest leg upward for Bitcoin started at about $106,300, where a buy alert lighted a fire under the rally that tacked on more than $5,000 to its price. That uptrend finished in a surge to $111,950, making for a new local high. But not long after reaching that point did a sell alert get triggered, suggesting that the buyers may have been running on fumes and that the rally was losing upward momentum. As this is being penned, Bitcoin trades at about $110,402 on the BTC/USDT pair offered by Binance. The SuperTrend indicator is still green. However, it now sits at a make-or-break level that could swing in the opposite direction if downward pressure on the price continues. On May 22 (ET), spot Bitcoin ETFs saw a total net inflow of $935 million, marking seven consecutive days of net inflows. Spot Ethereum ETFs recorded a total net inflow of $111 million, with five consecutive days of net inflows. https://t.co/ueXcZjub6m — Wu Blockchain (@WuBlockchain) May 23, 2025 This hesitation comes in the face of heightened activity from sellers, who are starting to probe the recent structural bullishness. Despite the long-term uptrend being quite intact, the rejection at $111.9K signals that the bulls may be contending with either profit-taking from previous longs or some kind of institutional rebalancing. Liquidation Zones Signal Key Pressure Points Analyzing liquidation data also provides better insight into how the market might be moving. When looking at the resistance side, there’s a very clear short liquidation zone from about $111,800 to $112,300. Not only is this area a little thin in terms of order book depth, but it’s also effectively the last line of defense for all those fortunate enough to have opened short positions recently. If the buyers truly are stepping up, then a move through this zone could very well trigger a short squeeze and push Bitcoin beyond the $112,500 mark, which many analysts see as a potential breakout level. Support areas are now taking center stage. The next long liquidation cluster is at about $110,000 to $109,200. If this area holds and doesn’t get pushed through to the downside, it might very well set the stage for a next bullish push and reinforce the kind of confidence you need for breakouts and pushes to the next higher high. Beneath that, the territory between $108,000 and $106,300 marks the original base of the current upswing. It also serves as a supply zone, where above it, buyers step in with more confidence. If prices tumble below this range, it’s highly probable that we’d see a serious trend breakdown, with this area serving as a tipping point—and not a very good one at that, given how close it is to current price levels. Bitcoin just tapped $111.9K before stalling, and a fresh sell signal has now emerged at the top. Is this a standard retest of support or the first crack in bullish momentum? SuperTrend remains green, but sellers are probing. Full liquidation and trend breakdown below … https://t.co/MpjTUzsPcR pic.twitter.com/JnEFRyb7BU — IT Tech (@IT_Tech_PL) May 23, 2025 The $109,200 level could see serious volume profile action and market reaction. A strong bounce there could reset bullish sentiment in the crypto market. But a breakdown might induce overleverage long liquidations to cascade downward. Sentiment Still Positive, But Cracks Are Forming Even in the face of short-term ambiguity, the general outlook stays relatively positive. On May 22, spot Bitcoin ETFs took in a net of $935 million—an amount that marked the seventh straight day of positive inflows. That brings the total net inflow for Bitcoin ETFs in 2023 to more than $1.5 billion. Notably, this institutional demand has largely sidestepped the kind of pronounced sell-offs that have characterized previous bear markets. Yet, how markets feel about an asset can change in the blink of an eye. The recent rejection of Bitcoin’s price at $111,900 may turn out to be just a small, local dip on the way up, but some analysts are interpreting it as a sign of market exhaustion, at least in the short term. They’re saying that if the $110K level can’t hold as a support level, then the next likely prices in play for a retracement are $108,000 or $106,000—both of which got significant play from bulls late last year and early this year. To sum up, Bitcoin’s uptrend remains in place, but the market is entering a precarious phase. As long as it maintains a price higher than $110,000, a retest of $112,000 and perhaps even loftier levels remain within striking distance. But if sellers can force the price down to $109,000 or below, a more significant correction seems likely to follow. Like any otherwise in volatile markets, everything remains concentrated on volume, liquidation activity, and structural support to divine the next move in Bitcoin’s by-now-familiar saga. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Bitcoin Faces Pivotal Test at $110K After Peaking at $111.9K: Rally Pause or Start of a Pullback?

This week saw Bitcoin’s stunning surge carry on, with the cryptocurrency for a moment nudging up to—and almost touching—$111,900 on several of the major exchanges before, uh, it kind of didn’t and came back down to earth, looking somewhat dazed and triggering what some are calling a fresh sell signal. Overall, the digital asset still seems to be in a bullish uptrend, but there are now some signs that it’s getting tired. Traders are closely watching key support levels to see whether this is a standard sort of retest or the beginning of a larger correction. The market finds itself in a critical situation, where pricing, liquidation, and investor sentiment are all doing their part to create an increasingly tense short-term outlook. Bitcoin Rally Pauses After $5K Surge: A Sell Signal Emerges The latest leg upward for Bitcoin started at about $106,300, where a buy alert lighted a fire under the rally that tacked on more than $5,000 to its price. That uptrend finished in a surge to $111,950, making for a new local high. But not long after reaching that point did a sell alert get triggered, suggesting that the buyers may have been running on fumes and that the rally was losing upward momentum. As this is being penned, Bitcoin trades at about $110,402 on the BTC/USDT pair offered by Binance. The SuperTrend indicator is still green. However, it now sits at a make-or-break level that could swing in the opposite direction if downward pressure on the price continues. On May 22 (ET), spot Bitcoin ETFs saw a total net inflow of $935 million, marking seven consecutive days of net inflows. Spot Ethereum ETFs recorded a total net inflow of $111 million, with five consecutive days of net inflows. https://t.co/ueXcZjub6m — Wu Blockchain (@WuBlockchain) May 23, 2025 This hesitation comes in the face of heightened activity from sellers, who are starting to probe the recent structural bullishness. Despite the long-term uptrend being quite intact, the rejection at $111.9K signals that the bulls may be contending with either profit-taking from previous longs or some kind of institutional rebalancing. Liquidation Zones Signal Key Pressure Points Analyzing liquidation data also provides better insight into how the market might be moving. When looking at the resistance side, there’s a very clear short liquidation zone from about $111,800 to $112,300. Not only is this area a little thin in terms of order book depth, but it’s also effectively the last line of defense for all those fortunate enough to have opened short positions recently. If the buyers truly are stepping up, then a move through this zone could very well trigger a short squeeze and push Bitcoin beyond the $112,500 mark, which many analysts see as a potential breakout level. Support areas are now taking center stage. The next long liquidation cluster is at about $110,000 to $109,200. If this area holds and doesn’t get pushed through to the downside, it might very well set the stage for a next bullish push and reinforce the kind of confidence you need for breakouts and pushes to the next higher high. Beneath that, the territory between $108,000 and $106,300 marks the original base of the current upswing. It also serves as a supply zone, where above it, buyers step in with more confidence. If prices tumble below this range, it’s highly probable that we’d see a serious trend breakdown, with this area serving as a tipping point—and not a very good one at that, given how close it is to current price levels. Bitcoin just tapped $111.9K before stalling, and a fresh sell signal has now emerged at the top. Is this a standard retest of support or the first crack in bullish momentum? SuperTrend remains green, but sellers are probing. Full liquidation and trend breakdown below … https://t.co/MpjTUzsPcR pic.twitter.com/JnEFRyb7BU — IT Tech (@IT_Tech_PL) May 23, 2025 The $109,200 level could see serious volume profile action and market reaction. A strong bounce there could reset bullish sentiment in the crypto market. But a breakdown might induce overleverage long liquidations to cascade downward. Sentiment Still Positive, But Cracks Are Forming Even in the face of short-term ambiguity, the general outlook stays relatively positive. On May 22, spot Bitcoin ETFs took in a net of $935 million—an amount that marked the seventh straight day of positive inflows. That brings the total net inflow for Bitcoin ETFs in 2023 to more than $1.5 billion. Notably, this institutional demand has largely sidestepped the kind of pronounced sell-offs that have characterized previous bear markets. Yet, how markets feel about an asset can change in the blink of an eye. The recent rejection of Bitcoin’s price at $111,900 may turn out to be just a small, local dip on the way up, but some analysts are interpreting it as a sign of market exhaustion, at least in the short term. They’re saying that if the $110K level can’t hold as a support level, then the next likely prices in play for a retracement are $108,000 or $106,000—both of which got significant play from bulls late last year and early this year. To sum up, Bitcoin’s uptrend remains in place, but the market is entering a precarious phase. As long as it maintains a price higher than $110,000, a retest of $112,000 and perhaps even loftier levels remain within striking distance. But if sellers can force the price down to $109,000 or below, a more significant correction seems likely to follow. Like any otherwise in volatile markets, everything remains concentrated on volume, liquidation activity, and structural support to divine the next move in Bitcoin’s by-now-familiar saga. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! The Daily Hodl

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