1. Post-Halving Analysis: Bitcoin's Rally and Market Sentiment
2. Bitcoin ETFs Rebound: Inflows Signal Renewed Investor Interest
3. Surging Mining Stocks: Indicators of Market Optimism
4. Forecasting Bitcoin's Future: Potential for 360% Growth by 2028
5. Halving Success: Bitcoin's Price Trajectory and Investment Trends

The Current Market Landscape
As of the latest update, Bitcoin's price continues to hover between the $61,000 and $64,000 zones, currently standing at $63,872. This consolidation phase follows an initial rally to $65,481 post-halving, as part of a broader attempt to breach the $71,000 resistance level.
Market Dynamics:
Five spot Bitcoin ETFs in the US have reversed the trend of outflows seen in the GBTC, injecting $30.4 million into the market after five consecutive days of outflows, according to Farside data.
Additionally, Bitcoin mining stocks such as Riot Platforms ($RIOT), Marathon Digital ($MARA), and Clean Spark ($CLSK) have surged, with gains of up to 10%, 9.78%, and 5.98% respectively in the last day.
Price Expectations:
Reflecting on historical trends, Bitcoin has demonstrated significant rallies following each halving event. For instance, between the 2020 and 2022 halvings, Bitcoin surged approximately 800% to reach an all-time high of $69,000.
However, the law of diminishing returns suggests diminishing effects with each subsequent halving. Historically, Bitcoin rallies have declined by around 45% following each halving event.
Looking ahead, market observers anticipate a potential 360% rally in this cycle, with a projected cycle high of approximately $300,000 before the 2028 halving, assuming a current price of $70,000.
It's important to note that this peak will likely occur between halving events, and Bitcoin may retreat to around $60,000 during the next bear market bottom. Additionally, some analysts, like the software engineer and author of "The Final Flaw," predict even higher targets, such as $477,972 by the 2028 halving.
As with any investment, caution is advised, and individual research and decision-making are essential due to the volatile nature of cryptocurrencies.
[Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, it does not assume responsibility for any missing facts or inaccuracies. Investors should conduct their own research and make informed financial decisions.]

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Why EY Opted for Ethereum
EY's decision to embrace Ethereum as a public blockchain for creating immutable contracts was primarily driven by its heightened security features. Ethereum boasts over 1.3 million validators, tirelessly verifying transactions around the clock to fortify the blockchain's security.
EY's choice to utilize Ethereum for contract creation likely stems from its intention to leverage Zero Knowledge solutions, possibly to mitigate costs. Ethereum's recent upgrades, such as the Dencun Upgrade implemented in March 2023, prove highly advantageous. This upgrade notably reduced the cost of creating rollups by introducing a solution known as "blobs."
These blobs serve as temporary spaces within the blockchain, summarizing blocks of transactions and verifying them collectively rather than individually. This approach helps to control costs while boosting transaction speed. By integrating these blobs, EY can ensure greater security and expedited transactions compared to off-chain Zero Knowledge solutions like Layer-2 networks.
Insights on Smart Contracts' Legal Use
According to a report by Zion Market Research, the global market for on-chain legal contracts is projected to reach $10 billion by 2030. This remarkable growth is attributed to the reliability, security, and immutability of smart contracts, making them more trustworthy than conventional paper documents susceptible to forgery.
The smart contract market, encompassing applications like legal contracts, is anticipated to witness a staggering annual growth rate of 24.6%. Key players such as Ripple and Ethereum have played pivotal roles in advancing smart contracts to new heights.
Future Adoption Trends
The adoption of blockchain technology and smart contracts by entities beyond EY is inevitable. However, given the novelty of this technology to many, adoption may follow a linear trajectory. Ripple, for instance, has been developing escrow services based on blockchain, often utilizing smart contracts.
The realization of integrating blockchain technology into daily operations has been a longstanding aspiration for numerous web3 companies. With this dream now materializing, expectations for higher adoption rates in the future are inevitable. However, regulatory clarity will be crucial to facilitating widespread adoption.

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Post-Halving Outlook: Altcoin Bull Run PotentialShiba Inu's Doubling Potential and Technical AnalysisDogecoin's Ascending Channel and Price ProjectionXRP's Uncertain Outlook and Bearish Signal WarningInvestor Caution Advised: XRP Analysis and Confirmation Signal

Shiba Inu continues to grapple with bearish pressure following the market correction preceding the halving event. Despite ongoing attempts at recovery, the cryptocurrency struggles with a 6% decline on the weekly timeframe. However, analysts speculate a potential doubling if Shiba Inu manages to breach a key resistance level at $0.00002360. Recent price action suggests bullish momentum as the cryptocurrency rebounds from $0.00001847, with signs of active buying by bulls. An anticipated bullish crossover between the signal line and the MACD on the RSI adds to the optimistic outlook. A successful breach of the $0.00002360 resistance could propel Shiba Inu towards $0.000045, marking a 90% upside potential.Dogecoin, in contrast, faces challenges on the weekly timeframe with an 11% decline in the past week. Despite this setback, the cryptocurrency appears to trade within an ascending channel formation. Should the lower trendline of this formation hold, Dogecoin could rebound upwards, potentially reaching a target of $0.24 at a minimum.XRP presents an enigmatic picture within the cryptocurrency landscape. Despite a 3.5% rally in the last 24 hours, XRP struggles with a 5.5% decline over the past week. Notably, the cryptocurrency broke below a multi-month ascending trendline, signaling a bearish outlook. However, a potential recovery is evidenced by XRP's bounce from the $0.41 support level. Investors keenly observe XRP's movement within the $0.5 - $0.51 zone, awaiting a decisive close above this range before considering entry.

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Notable Bitcoin Holdings by CountryGlobal Bitcoin Ownership TrendsBitcoin Holdings: A Comparative AnalysisInsights into Bitcoin Ownership Across NationsUnderstanding Bitcoin Reserves: Country-wise Breakdown

According to a report by Arkham Intelligence, the United States currently leads as the largest holder of Bitcoin among countries globally, with an impressive 212,847 BTC in its possession. This amounts to approximately $15 billion worth of the cryptocurrency, surpassing the combined holdings of notable entities like MicroStrategy and the Winklevoss twins.
Additionally, data from Arkham Intelligence reveals that the US government isn't solely focused on Bitcoin; it also holds approximately $200 million worth of other cryptocurrencies such as Ethereum, as well as stablecoins like USDC and Tether.
Following closely behind the US are countries like the United Kingdom and Germany, both boasting substantial amounts of Bitcoin. For instance, the United Kingdom holds an impressive 61,245 BTC valued at around $4.5 billion, while Germany follows with approximately 49,858 BTC, equivalent to roughly $3.5 billion.
Interestingly, despite being the first country to adopt Bitcoin as legal tender, El Salvador's Bitcoin holdings pale in comparison to those of the US, the UK, and Germany. El Salvador currently holds only about 5,717 BTC, worth approximately $405 million according to data from NayibTracker.
The data on Bitcoin holdings by governments is made accessible through a newly developed tool, providing real-time balances and transaction histories. This tool represents a significant milestone in transparency within the crypto industry.
The increase in Bitcoin holdings by countries like the US is evident, with regular additions to their reserves. Over the past year, the US government has acquired over 4,000 BTC, primarily through seizures resulting from criminal activity, including the recovery of 94,600 BTC from the Bitfinex hack.
Overall, Arkham's innovative tool sheds light on the involvement of world governments in the crypto landscape, highlighting their roles behind the scenes. This development marks a significant step forward for transparency within the industry.

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Analysis of the Crypto Market Downturn and Coin Performance Amidst VolatilityObservations on Market Resilience: DogWifHat (WIF) Versus Other MemecoinsTIA's Price Action: Retesting $11 and Future Growth PotentialFlare (FLR) Technical Analysis: Considerations for Investors Amidst Price VolatilityPotential Rally Ahead: Stacks (STX) Eyes $3.85 Local High

Celestia ($TIA ):
Celestia, currently trading at approximately $11, has demonstrated a remarkable 14% recovery over the past day despite enduring a weekly decline of 10%. Recent price action indicates a tug-of-war between bulls and bears around the $11 zone, suggesting a pivotal moment for the coin's trajectory. Should Celestia manage to break and sustain above $11, a potential surge of 92% to $21 could be in the cards.
Flare (FLR):
Flare has exhibited resilience amidst market turbulence, experiencing a notable 6% surge in the past day, with prices hovering around $0.034. Despite a weekly decline of 14.9%, FLR's price trajectory has remained relatively stable, with bulls successfully defending the $0.023 support level. The coin now eyes a promising 125% rally towards $0.063, provided it maintains bullish momentum. However, a breach below $0.028 may signify increased bearish pressure, warranting caution among investors.
DogWifHat (WIF):
Despite market volatility, DogWifHat (WIF) has emerged as a standout performer, exhibiting resilience in the face of adversity. While experiencing a marginal 1.37% decline over the past day and a more substantial 24% drop over the week, WIF's price action reveals a compelling narrative. Bulls have shown strong support around the $1.93 level, sparking a potential rebound and signaling renewed bullish sentiment. Investors are advised to monitor WIF's performance closely, particularly around key support levels and resistance at $3.56, for potential entry or exit points.
Fetch.ai ($FET):
Fetch.ai (FET) has weathered market fluctuations, experiencing a marginal 0.75% decline over the past day and a notable 20% drop over the week. However, recent price action suggests a resilient response from bulls, with FET displaying signs of a potential rebound. Bulls successfully defended the $1.6 support level, paving the way for a potential upward trajectory towards the 25-day EMA at $2.52 or higher. Investors should remain vigilant for a breakout above the $2.15 resistance level, which may signal a sustained bullish trend.
Stacks ($STX):
Stacks (STX) has faced bearish pressure, with prices currently trading around $2.63, reflecting a marginal 0.92% decline over the past day and a significant 20% drop over the week. Despite recent challenges, STX has found support around the $2 level, indicating a potential reversal in trend. The coin's upward momentum may see a resurgence, with a possible 45% rally towards its $3.85 local high. However, investors should exercise caution and closely monitor price movements for signs of sustained bullish momentum.

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Ethereum Layer 3 solutions emerge as a game-changer in crypto, promising scalability and tailored solutions for DeFi and gaming sectors.Highlighted by Guy Turner of Coin Bureau, XAI, Degen Base (DEGEN), and ORBS stand out as Ethereum Layer 3 projects with high potential.XAI, launched in March 2023 with a $280 million market cap, shows a technical analysis indicating a potential 300% surge to $3.DEGEN, leveraging Coinbase's Base L2, boasts a $483 million market cap and a chart pattern hinting at a surge to $1.ORBS, a versatile Layer 3 solution, holds a market cap of $147 million and could potentially surge a remarkable 4,230% to reach its all-time high

Comprehensive Look at Ethereum Layer 3 Solutions
In a recent Coin Bureau video, Guy Turner underscores Layer 3s as the next frontier in crypto. These chains, he contends, hold immense promise for applications like gaming and decentralized finance (DeFi), with the potential for significant growth.
Top Ethereum Layer 3 Projects:
XAI, launched on Arbitrum in March 2023, boasts a market cap of $280 million. Despite facing current price challenges, technical analysis suggests a possible 300% surge to $3.
Degen Base (DEGEN), leveraging Coinbase's Base Ethereum L2, boasts a market cap of $483 million. With a clear path towards $1, as indicated by the ascending trendline, it presents a compelling opportunity.
ORBS, positioned as a general-purpose Layer 3 infrastructure for Ethereum, operates independently, periodically intersecting with the Ethereum network. Despite a significant decline from its all-time high, ORBS exhibits signs of recovery, hinting at a possible 4,230% rally.

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1. Bitcoin's Price Plunge and Trader Liquidations: Key Takeaways
2. Analyst Ali's Perspective on Bitcoin's Undervaluation and Buying Opportunity
3. Analyst Michael van de Poppe's Bitcoin Outlook Ahead of Halving and ETF Approvals
4. Analyst Moustache's Assessment of Market Panic and the Continuing Bull Market
5. Overall Optimism Among Analysts Regarding Bitcoin's Future

Insights from Analyst Ali:
Renowned analyst Ali sheds light on the MVRV indicator, a significant tool utilized to identify buying opportunities since the commencement of the recent bull run. MVRV, short for "Market Value to Realized Value," assesses asset pricing, signaling whether it's over or underpriced. Ali emphasizes that when the MVRV falls below the 90-day average, it indicates an optimal time to buy. Given the recent correction and subsequent drop in MVRV below the 90-day average, Ali suggests that despite potential further declines, now presents an opportune moment to consider purchasing Bitcoin.
Perspective from Analyst Michael Van de Poppe:
Trading expert Michael Van de Poppe anticipates a pivotal week for Bitcoin, emphasizing the significance of the upcoming halving and the associated hype. Additionally, Van de Poppe highlights Hong Kong's recent approval of spot ETFs for Ethereum and Bitcoin, deeming these market dips as favorable entry points for investors. With optimism surrounding the impending halving and ETF approvals, Van de Poppe projects a bullish trajectory for Bitcoin in the days ahead.
Insights from Analyst Moustache:
Another prominent analyst, Moustache, weighs in on recent market behavior, characterizing the panic observed among traders and investors as potentially unwarranted. Moustache asserts that short-term price fluctuations often amount to mere noise, reiterating confidence in the ongoing bull market's endurance. Undeterred by recent volatility, Moustache emphasizes the continued strength of the bullish sentiment over the long term.
Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, readers are encouraged to conduct thorough research and exercise caution when making financial decisions. Cryptocurrencies are inherently volatile assets, and individual discretion is advised.

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BAYC NFT Floor Prices Plummet: Some NFTs Shed Over 90% in ValueApecoin Price Dives: Down 97% from All-Time High Alongside BAYC NFTsCompetition from New NFT Collections on Bitcoin and Solana Adds Pressure to BAYCAPE Price Analysis: Potential Consolidation Expected Around $1Anticipated APE Rally: Eyes Set on $3.8 Resistance for a 247% Surge

Exploring BAYC's Troubles:
At its zenith in 2021, the BAYC NFT collection garnered widespread attention, boasting individual sales surpassing $300,000. Celebrities like Justin Bieber added to the fervor, acquiring a BAYC NFT valued at an astonishing $1.2 million. However, as of July 2023, CNBC reported a staggering 95% decline in value for Bieber's NFT, now worth around $60,000. Presently, CryptoSlam data indicates a 90% dip in the floor price of Bored Ape NFTs from their peak. BAYC's floor price, as per NFTPriceFloor, now hovers around 11 ETH, a far cry from the 120 ETH average in May 2022. Compounding the issue, Ethereum's price decline has driven the dollar value of BAYC NFTs down from over $400,000 to just above $34,000.
Challenges Amid Bitcoin and Solana's Ascendance:
CoinMarketCap data reveals APE grappling with a steep 97% drop from its all-time high, plummeting from $39.4 in March 2022 to $1.16. APE's weekly chart suggests consolidation near its all-time low of $1, serving as a robust support level. While a break below $1 remains a remote possibility, further consolidation is anticipated, likely above $1. The potential for a rally towards the $3.8 resistance looms, promising a 247% surge.
Disclaimer: Voice of Crypto strives to provide accurate and current information. However, readers are advised to conduct independent research and exercise caution due to the highly volatile nature of cryptocurrencies.

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Countdown to Halving: Market Volatility PeaksFlash Crash: Bitcoin Plummets, Liquidations SoarStablecoin Surge Signals Investor ConfidenceAnalyst Forecast: Bitcoin to Reach $80,000

As Bitcoin's price crashed by 5% to approximately $65,000 in a flash crash, nearly $1 billion in liquidations swept across the crypto market. Liquidation data from Coinglass reveals the severity of the market's bearish sentiment, with approximately $937 million wiped out from leveraged traders in the past 24 hours. Of this total, $824 million came from bullish positions.
Bitcoin's sudden plummet occurred within an hour during late trading hours in New York on April 12, catching traders off guard. The liquidations primarily affected Bitcoin and Ethereum, with approximately $186 million and $137 million lost, respectively, as Ethereum dropped from $3,553 to $3,226.Despite the flash crash, there's a glimmer of hope in rising stablecoin inflows. KuCoin's recent report highlights the increased issuance of stablecoins, particularly USDT and USDC, indicating growing trader optimism leading up to the halving event. This surge in stablecoin activity reflects significant investor interest in crypto, particularly in Europe and the Americas. Historically, such spikes in stablecoin activity have preceded market rallies, often leading to new Bitcoin all-time highs.Renowned crypto analyst Moustache offers a bullish perspective amidst the market turmoil. Citing the Mayer Multiple indicator, Moustache suggests a potential recovery on the horizon. According to his analysis, Bitcoin's proximity to the $69,000 resistance, coupled with pre-halving volatility, may signal an imminent upward trend. Moustache's insights hint at a possible rally to $80,000 in the near future. As the halving event looms closer, the crypto community eagerly awaits further developments in Bitcoin's price action.I've reformatted the information into paragraphs while maintaining the key insights from each section. Let me know if you need further adjustments!

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1. Memecoin market shows resilience with a 6.23% increase in overall market cap.
2. DogWifHat (WIF) spearheads memecoin recovery, surging by 10% in the past 24 hours.
3. Dogecoin and Shiba Inu demonstrate stability, finding support at their 99-day EMAs despite recent downturns.
4. Pepe struggles with a slower recovery pace but aims to overcome resistance levels.

Dogecoin's Resilience: Despite a 20% dip over the week, Dogecoin has rebounded by 6% in the last day, showcasing resilience in its price action. Currently trading around $0.1656, Dogecoin's bulls prevented a dip below its 99-day EMA, aiming to reclaim $0.24 amidst semi-strong resistance at $1.67.Shiba Inu's Recovery: With a 6% increase in the past 24 hours, Shiba Inu is bouncing back from a 19% decline over the week, aiming to break resistance at $0.00002360 for a potential 90% rally to $0.00004571.DogWifHat's Rebound: Despite a 25% decline last week, DogWifHat (WIF) is leading the recovery with a 10% intra-day increase, eyeing a rally towards its previous all-time high of $4.9 after confirming recovery from $1.9.Pepe's Slow Recovery: Pepe witnessed the steepest decline at 27% over the week and has only recovered by 3% in the last day. Slow compared to others, Pepe is attempting to break resistance at $0.00000589 for further upside potential.
These insights highlight the varying dynamics within the memecoin market, emphasizing resilience and potential recovery paths for each cryptocurrency.

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1. Bitcoin ETFs Boost Price: Bitcoin ETFs have driven Bitcoin's price surge, attracting over $12 billion in inflows and achieving its first pre-halving all-time high.
2. Hope for Ethereum ETFs: Investors anticipate similar gains for Ethereum with a spot ETF approval in the US, but regulatory hurdles stand in the way.
3. SEC's Ethereum Concerns: The SEC's caution towards Ethereum ETFs is due to classification challenges stemming from Ethereum's Proof-of-Stake mechanism.
4. Industry Skepticism: Industry leaders like Jan van Eck are doubtful about Ethereum ETF approval before the SEC's late May deadline.

The Ethereum ETF dream remains distant, contrary to investor hopes and the success of Bitcoin ETFs. The SEC's reluctance to greenlight Ethereum ETFs persists, citing significant classification challenges due to Ethereum's Proof of Stake mechanism.
Ethereum's position as the second-largest cryptocurrency by market cap makes it a prime candidate for a spot ETF. Major financial players like BlackRock and Fidelity have expressed interest, yet regulatory ambiguity has stifled enthusiasm.
Jan van Eck, CEO of VanEck, voiced skepticism about SEC approval during a recent CNBC interview at the Paris Blockchain Week. He suggested that the industry may brace for disappointment as the SEC's review deadline looms in late May.
The fundamental difference between Ethereum and Bitcoin lies in their consensus mechanisms. Ethereum's Proof of Stake system, requiring validators to stake coins to secure the network, blurs its classification as either a commodity or security—a point of contention for the SEC.
SEC Chair Gary Gensler refrains from definitive statements on Ethereum's classification, maintaining a cautious stance. The ambiguity deepens with the CFTC Chairman Rostin Behnam recognizing Ethereum as a commodity, not a security.
Jean-Marie Mognetti, CEO of CoinShares, echoes skepticism, suggesting a lack of approvals in the near future. While an Ethereum ETF would significantly enhance exposure and potentially boost its price, the road to approval appears lengthy.
The Ethereum community awaits anxiously as the approval deadline approaches. Will the SEC grant approval by May, or are investors in for a disappointment?
Disclaimer: This content aims to provide accurate and up-to-date information, but it is not liable for any missing facts or inaccuracies. Cryptocurrencies are volatile financial assets; research and make informed financial decisions.

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Bitcoin's Price Dip: Bitcoin suffered a 10% drop in value over the week, resulting in substantial market losses.TON's Palm-Scanning Tech: Telegram-affiliated TON introduced palm-scanning technology to rival digital identity solutions offered by Worldcoin and Humanity Protocol.Aave Fork Incident: Aave fork on Blast Network accidentally triggered liquidations, causing a staggering $26 million loss for users.Generational Crypto Investment Trends: A recent study indicates that American Gen Z and Millennials exhibit a higher propensity to invest in crypto over stocks, unlike Gen X and Boomers.US Government's Bitcoin Holdings: A report from Arkham suggests that the US government holds the largest Bitcoin reserve globall

Bitcoin's Price Plunge:
Bitcoin witnessed a sharp decline of around 17% over the past week, causing significant market turmoil and erasing billions from crypto portfolios. The sudden downturn occurred amidst growing uncertainty surrounding the impending Bitcoin halving event.
TON's Palm-Scanning Tech Launch:
Telegram's TON made waves in the digital identity space by unveiling palm-scanning technology in collaboration with HumanCode. This development positions TON as a contender against established solutions like Worldcoin and Humanity Protocol, sparking intrigue within the crypto community.
Aave Fork Mishap:
The Blast Network experienced a major setback as an Aave fork inadvertently triggered a cascade of liquidations, resulting in losses exceeding $26 million. This incident underscores the importance of robust protocol safeguards and user protection mechanisms in the DeFi ecosystem.
Generational Crypto Adoption Trends:
A report from Policygenius highlighted shifting investment preferences among different generations, with Gen Z and Millennials exhibiting a stronger inclination towards crypto investments over traditional stocks. This trend reflects a broader embrace of digital assets among younger demographics.
US Government's Crypto Holdings:
Data from Arkham Intelligence revealed the significant presence of the US government in the crypto space, with holdings amounting to billions in Bitcoin. This revelation underscores the increasing institutional involvement in cryptocurrencies and their growing recognition as legitimate assets.

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- Analysts warn of the end of Bitcoin's "easy mode," signaling increased volatility.
- Leveraged trading and options expiry heighten the risk of market-wide liquidations.
- Recent trends show a surge in liquidations, particularly among leveraged traders.
- Caution is advised regarding the deceptive nature of the symmetrical triangle chart pattern.
- The forthcoming expiry of a significant volume of Bitcoin options could impact the market.
- Potential flash crashes and subdued investor sentiment prompt analysts to recommend caution.

Bitcoin Exiting "Easy Mode":
Trader and analyst Honeybadger suggests that Bitcoin has departed from what he calls "easy mode," implying that trading conditions are becoming more challenging due to the prevalence of leveraged trades. Market saturation with leveraged trades allows whales and market makers to exploit the high emotions and risky behavior of leveraged traders.
Impact of Leveraged Trading:
This shift in market dynamics is evident in the significant increase in liquidations, particularly on long trades. Recent data from Coinglass reveals substantial liquidations, emphasizing the impact of leveraged trading on market volatility.
Symmetrical Triangle Pattern:
Honeybadger also highlights the formation of a symmetrical triangle pattern on the Bitcoin chart. This pattern, considered neutral, poses challenges for traders as it makes predicting market movements difficult. Furthermore, traders are cautioned against potential false breakouts, which could lead to impulsive trading decisions.
Options Expiry Wave:
The impending expiry of 21,000 Bitcoin options, valued at $1.5 billion, adds further complexity to the market. Greeks.live notes that this event, coupled with recent economic data and ETF behavior, could significantly impact market sentiment and volatility.
Market Observations:
Despite ongoing volatility, Bitcoin's price has remained within a consolidation phase. Analysts like Rekt Capital suggest that unless certain key levels are breached, Bitcoin is likely to continue consolidating.
Proceeding with Caution:
Overall, analysts advise investors to exercise caution due to the potential for flash crashes and heightened market volatility. It is essential for investors to conduct thorough research and make informed financial decisions.
Disclaimer:
Voice of Crypto aims to provide accurate information, but readers are encouraged to conduct their own research and exercise caution when trading cryptocurrencies due to their highly volatile nature.

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Finder forecasts Bitcoin to average $88,000 in 2024, with potential for an all-time high post-halving.Experts are divided, some foreseeing a $200,000 peak, while others caution against a speculative bubble.The halving event is anticipated to drive prices higher by reducing supply.Bitcoin ETFs are viewed positively, drawing in new investors and streamlining investment processes.Long-term projections paint an optimistic picture, with the average analyst foreseeing a price of $220,708 by 2030

Experts anticipate Bitcoin to reach an average price of at least $88,000 (around €82,000) throughout 2024, with a potential stabilization near $77,000 by year-end. While peak projections vary, estimates range from $87,875 to a possible high of $200,000. Analysts also acknowledge the possibility of Bitcoin's lows dipping to $35,734, particularly in the wake of the halving event.
The 2024 Halving Event:
The impending BTC halving event, reducing miner rewards, historically triggers supply decreases and subsequent price surges. Experts are poised for significant price impacts, with 47% anticipating a new all-time high within six months post-halving. Furthermore, the introduction of spot Bitcoin ETFs is viewed as a significant catalyst, attracting interest from traditional finance and institutional investors.
Looking Towards 2030:
Despite bullish projections, concerns regarding Bitcoin's volatility persist, with some labeling it a "speculative bubble." Long-term forecasts indicate Bitcoin may reach $122,688 by 2025 and up to a staggering $366,935 by 2030. However, on average, analysts project a more conservative $220,708 by 2030. While the majority of experts (around 58%) suggest buying Bitcoin, 38% recommend holding, with only a small fraction (5%) advocating for selling.

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Uniswap faces SEC scrutiny following a Wells notice, triggering a sharp 20% decline in UNI token value.SEC's potential action is part of broader crypto market regulation efforts.Uniswap defends its stance, arguing against the classification of most tokens as securities.Despite the market reaction, analysts view this as a strategic buying window, suggesting an entry point near $8.27 or lower.

Alternative Text:
Wells Notices and Regulatory Frameworks
A Wells notice, in simple terms, is akin to a warning letter from the Securities and Exchange Commission (SEC), signaling impending legal action against an organization. Under the current SEC chairman, Gary Gensler, several crypto companies, including Ripple, Binance, and Coinbase, have faced regulatory scrutiny since 2020. Gensler has been vocal about the need for robust regulation in what he refers to as the "Wild West" of the crypto industry. The Wells notice issued to Uniswap is part of a broader enforcement action targeting the entire crypto market.
Uniswap Reacts
Uniswap's founder and CEO, Hayden Adams, expressed frustration on Twitter upon receiving the notice. He emphasized his readiness to defend Uniswap, arguing that the majority of tokens traded on the platform are not securities but stablecoins, utility tokens, or commodities like Bitcoin and Ethereum. Uniswap contends that cryptocurrencies are digital files capable of storing various forms of value, akin to PDFs or spreadsheets. Despite Uniswap's arguments, the price of its token, $UNI , has plummeted by nearly 20% over the last 24 hours.
Is This a Massive Buying Opportunity?
Analyzing Uniswap's price action, it appears to be in a significant decline, trading below key moving averages. While it could be considered a valid buy opportunity, investors may opt to wait for potential support around $8.27, the previous local high from late November. If $8.27 support fails, a lower entry point around $5.55 could be targeted. Despite the apparent opportunity presented by Uniswap's price decline, investors are cautioned to proceed with caution and conduct thorough research due to the volatile nature of cryptocurrencies.

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Ethereum surges over 9% against Bitcoin in a week, reaching above $3,600.Large-scale investors show strong bullish sentiment, investing millions in Ethereum.DeFi on Ethereum and its layer-2 solutions witness substantial growth post-DenCn upgrade.Analyst Peter Brandt anticipates a potential 100% surge for Solana compared to Ethereum.Solana's projected rise towards $400 positions it as a direct challenger to Ethereum.

Whales’ Confidence in Ethereum:
Recent insights from Spot on Chain reveal two unidentified whales entering the Ethereum market with a significant purchase of 11,700 ETH from Binance, valued at approximately $40 million. This move occurred shortly after another pair of whales spent $35 million in stablecoins to acquire 10,322 ETH. Speculation suggests these actions may have contributed to driving Ethereum's price above $3,400, indicating strong confidence from these whales in Ethereum's future prospects.
Growth Across the Ethereum Ecosystem:
Data from Defillama highlights substantial rallies in the Total Value Locked (TVL) across the entire Ethereum ecosystem over the past week. Ethereum's TVL surged by 12.38%, Arbitrum by 5.62%, Polygon by 4.76%, and Base by an impressive 30%. Behind this growth lies a surge in transactions on Ethereum layer 2 solutions following the Dencun upgrade, indicating significant activity and development within the Ethereum ecosystem.
Ethereum's Challenge from Solana:
Veteran trader Peter Brandt's analysis suggests that Solana could potentially double its value against Ethereum. Brandt's tweet points to a critical resistance point in the SOL/ETH chart, with a potential breakout indicating a 100% spike for Solana against Ethereum. This could see Solana reaching $377.72, surpassing Ethereum in terms of price movement. As the market navigates the upcoming bull cycle, the question arises whether Ethereum can maintain its dominance or if Solana will emerge as a direct challenger in the future.
[Disclaimer: While efforts are made to provide accurate information, readers are encouraged to conduct their own research before making financial decisions. Cryptocurrency markets are highly volatile, and Voice of Crypto cannot be held responsible for any discrepancies or losses.]

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Ripple CEO Brad Garlinghouse anticipates the crypto market cap hitting $5 trillion by the close of 2024.The introduction of Bitcoin ETFs, alongside substantial inflows, is poised to encourage institutional investors to enter the market.Garlinghouse foresees the upcoming halving event as a catalyst for market expansion, akin to the surge witnessed between 2020 and 2021.Enhanced regulations and the potential for a crypto-friendly US president are perceived as favorable factors.Based on the $5 trillion projection, Bitcoin's price could surge to approximately $140,000 by year-end.

In recent months, the introduction of the first 11 Bitcoin ETFs on 11 January 2024 has marked a significant milestone in the cryptocurrency market. These ETFs have collectively injected over $12 billion into the crypto market within just three months since their launch. Ripple CEO Brad Garlinghouse, in a CNBC interview, pointed to this development as a pivotal moment for the industry, shaping his optimistic predictions for its future. These ETFs serve as a bridge, allowing both institutional and retail investors to gain exposure to Bitcoin without the complexities of owning it directly, thus simplifying the investment process. Garlinghouse believes that this relative ease of investment brought about by the ETFs will attract institutional funds that were previously deterred by market barriers. Furthermore, Garlinghouse highlighted the upcoming Bitcoin halving as another key factor expected to drive market growth. Drawing parallels with the significant price surge seen after the previous halving event, he anticipates a similar trend this time around. Additionally, improvements in the regulatory landscape, particularly in the United States, and speculation surrounding the potential election of a pro-crypto president during the ongoing election year, further contribute to the positive sentiment in the market. Despite facing legal challenges from the SEC regarding Ripple, Garlinghouse remains optimistic about the prospect of clearer and more supportive regulations in the future. As Bitcoin continues to dominate over 52% of the total cryptocurrency market cap, Garlinghouse's projection of a $5 trillion market cap could potentially drive Bitcoin's price to approximately $140,000. Ethereum, with its 16% dominance, could also see a significant price increase, reaching around $7,000. Overall, industry leaders like Garlinghouse foresee remarkable growth ahead, with Bitcoin expected to rally to anywhere between $100,000 and $300,000.

$XRP

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Daily Market Report, 10 April
The crypto market has slid downwards by another 3% over the last day, bringing the total market cap from well over $2.6 trillion to around $2.59 trillion.
The crypto market’s heatmap also indicates that the reds are spread across the entire market.

Considering how close the halving is at this point, we can say that the high volatility across the market is warranted.
In terms of liquidations, it appears that the market’s movements over the last day, have not favoured the bulls by any means.

Over the last day, leveraged traders across the market have lost around $290 million, with the bulls taking the cake at around $$237 million, and the bears coming in with the remaining $52 million.
Overall, we can say that the Bears have had the upper hand over the last 24 hours.
Where To With Bitcoin?
Bitcoin’s decline from around $72,800 became even more pronounced over the last two days, considering its current price of around $69,460 at the time of writing.

However, the silver lining in all of this is how the 25-day moving average has been able to hold the cryptocurrency up from here.
Despite the volatility, Bitcoin’s RSI shows neutrality, indicating that the bulls still have plenty of chances to turn things around.
However, investors still cannot rule out the possibility of a decline below the 25-day moving average of around $68,000.
Bitcoin must remain above this level to prevent a decline to $66,000 or even lower.
Ethereum Lost The $3,660 Support
Over the last day, Ethereum declined underneath the $3,660 support, after breaking above only a day before.

The cryptocurrency's price action is similar to that of Bitcoin, in that the 25-day moving average (around $3,478) is doing a solid job of keeping the cryptocurrency hoisted above a possible drop to $3,000.
With this in mind, this moving average must remain unbroken from here.
Can Fantom Break $1
Fantom is making a strong attempt at breaking the $1 resistance from here, after rebounding off the ascending trendline shown below:

We can expect the resulting price action to be massive on Fantom if we see a break above $1.
Beyond $1, investors can keep an eye on the local $1.22 resistance, considering how it stands as the gateway to a stronger rally to a retest of the $1.4 target.
Watch Out For Pendle
Despite the general market declines, Pendle seems to be less affected by the whole thing.
The cryptocurrency has been trending upwards for weeks now, as shown by the snapshot below.

As seen, Pendle just rebounded off the $6 level and is attempting to continue its rally further upwards from here.
According to indications from the Fibonacci retracement tool, the next target for Pendle might sit at around $8.3 from its current price.
Tron Is About To Rebound
According to the charts, Tron has been on a bullish roll for a long time and doesn't seem to be much affected by the general market volatility.
We can verify this from this ridiculously long bullish trend that has been valid since November 2022.

Tron attempted to break the $0.15 resistance in February 2023. However, after a rejection, the cryptocurrency was forced to retest the trendline and break below its 25-day moving average once again.
As we can see from the above, Tron is attempting to break above this moving average once again and should be ready to make another kick at $0.15 pretty soon.
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Market Surge Amid Bitcoin Halving: The cryptocurrency market is witnessing a notable surge, attributed in part to the impending Bitcoin halving scheduled for April 20, 2024.Bullish Momentum for ORDI: ORDI exhibits bullish signals, indicating a potential breakthrough of the $71 resistance level and aiming for a target of $107.Helium's Recovery Efforts: Helium is in the process of reclaiming the $7.7 level following a decline, with a prospective upside of 25%.Fantom's Moving Average Breakout: Fantom is poised to surpass its 25-day moving average at $0.89, signaling a potential rally of up to 36%.Aave's Impending Breakout: Aave finds itself within the confines of an ascending trendline and its moving average, hinting at an imminent breakout scenario.

ORDI Analysis:
ORDI has shown significant recovery, stabilizing around $70, marking an 8% increase within 24 hours. It rebounded from $55.5, facing resistance around $71 - $72. Failure to breach this resistance might lead to a head-and-shoulders pattern formation with potential downside to $27.8. However, bullish signs, including RSI indicating bullish territory, suggest a possible break above $71, with a target of $107.
Helium (HNT) Overview:
Helium experienced a bullish run, currently trading at $6.2 with a 9.7% increase in the last day. Despite recent volatility, Helium aims to surpass $7.7, indicating a potential 25% upside. A successful breach of this level could trigger a rally towards the $11 high.
Fantom (FTM) Insights:
Fantom exhibits intriguing trends, showing both positive and negative performance within a short timeframe. Trading at around $0.89, it's attempting to break its 25-day moving average, potentially leading to a 36% rally towards the previous high of $1.23.
Akash (AKT) Observations:
Akash's price movements reflect mixed sentiments, up by 8.5% in the last 24 hours but down by 12% weekly. Its entry point is projected around $3.36, with potential doubling in price upon reaching $6.5 or higher.
Aave (AAVE) Evaluation:
Aave demonstrates upward momentum, trading at approximately $120 with a 3.5% increase in the last day. Positioned atop an ascending trendline, it's poised for a potential breakout above its 25-day EMA at $121. This could lead to a rally towards the $133 resistance, with further upside potential towards $170.

$ORDI $FTM $AAVE

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