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Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in market confidence.BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet.Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout.BTC double-bottom hints at $100,600 targetBTC’s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643. The structure projects a measured move to $100,575 or above.BTC/USD daily price chart. Source: TradingViewMomentum indicators like…

The Ecosystem Funding Initiative team is thrilled to announce the recipients of the 2024 Academic Grants Round! This round, we are proud to support 41 projects from researchers and institutions worldwide. These projects address fundamental challenges and opportunities in areas critical to Ethereum’s growth, including cryptography, consensus mechanisms, security, execution,…

Ethereum’s infrastructure landscape faces transformation in 2025, with modular blockchain designs, enhanced reliability mechanisms, and multichain solutions taking center stage, according to insights shared at DevCon 2024 in Bangkok. Constantine Zaitcev, CEO of dRPC, identified three primary developments that will shape Ethereum’s infrastructure evolution. “Modular blockchain designs will gain traction, with smart wallets and account abstraction becoming integral for mainstream adoption,” Zaitcev said. He expects dApps to prioritize user onboarding through real-world applications. The push for blockchain reliability represents the second major shift, as Web3 adoption accelerates. “Developers will seek fallback mechanisms at every level, from RPC providers to data…

DeXe has a bullish long-term structure. The low trading volume and daily unlocks could be concerning to potential investors. DeXe [DEXE] gained 18% from the 15th to the 22nd of April, and looked like it could challenge the $15.75 resistance and climb higher. Yet, it saw a swift reversal on Wednesday, the 23rd of April, and most of the past week’s gains have been wiped out. The governance token of the DeXe protocol witnessed a 0.02% unlock each day of its total supply of 96.5 million DEXE, according to CoinMarketCap data. This $300k supply was not much for a $1.13…

In the beginning of April at the MIT Bitcoin Expo I was able to sit down with Jameson Lopp to discuss the current state of and future of Bitcoin.  Jameson co-founded Casa, a multisig self-custody service, with Jeremy Welch in 2017 after a long stint as a software engineer at Bitgo, another multisig service based company. He has been involved in the Bitcoin space since 2012 as a software developer and independent researcher.  Lopp is famously known for a swatting incident in 2017 during the blocksize wars, where someone attempted to have the police storm into his home under the…

The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents.According to local reports, the decision came after weeks of community pushback, where citizens voiced concerns over potential noise pollution, increased energy consumption and the overall environmental impact associated with crypto-mining operations.During public meetings, Vilonia residents expressed concern that the mining operation could disrupt the town’s quiet atmosphere and strain local infrastructure.Many pointed to examples from other regions where similar facilities led to rising electricity costs and constant noise from mining rigs.“I just want to ask,…

Maple Finance reached a major milestone, largely due to significant growth in its yield-bearing stablecoin. Maple Finance (SYRUP) has seen significant growth over the past month, which boosted the token’s value. On Wednesday, April 16, SYRUP was up 25%, reaching a daily high of $0.1419, before stabilizing at $0.131. The catalyst for the price was a major milestone for the platform, which reached $1 billion in total value locked. According to data from Dune Analytics, platform TVL has more than doubled since January, when it hovered around the $450 mark. Growth in Maple Finance TVL, by asset | Source: Dune…

The foundation that oversees the Emil G. Bührle collection said Wednesday that it had reached a settlement with the heirs of a Jewish collector over a prized Édouard Manet painting. The work, Manet’s La Sultane (c.1871), is one of 205 works from the Bührle collection that have been loaned to the Kunsthaus Zurich since 2012. The new agreement, the foundation said, allows the painting to remain on view there. Bührle was a German Swiss industrialist who sold weapons to both the Allies and Nazi Germany during World War II. As a result of his arms dealing, he became the richest…

Arkham detected an HTX cold wallet containing $14.6 million in TRUMP tokens for Trump’s May 22 gala registration. Trump’s coin rose by 58% and reached $5 billion in trading volume following the dinner announcement. A recent tweet from Arkham Intelligence has revealed that a wallet registered for Donald Trump’s upcoming crypto-themed dinner holds $14.6 million worth of TRUMP tokens, making it the largest wallet tied to the event. The wallet associated with the event seems to belong to another crypto exchange, HTX, which raises questions regarding institutional participation in the much-hyped event. Somebody appears to have registered an HTX Cold…

The company’s CEO took a page out of Michael Saylor’s playbook after Saylor’s wild success with using bitcoin treasury management as a corporate strategy. Japan’s Metaplanet Amasses 5,000 BTC With Bold Bitcoin Treasury Strategy Japanese bitcoin treasury firm Metaplanet, once a struggling hotel developer, has come one step closer to its corporate goal of purchasing […]