Major PriceMAJOR

The analysts hold modest optimism on account of Haedal's strong fundamentals, support from major exchanges like Bitget and others, and the continuously dwelling narrative on liquid staking.   - Short Term Bullish Target (1-2 weeks post-launch) $0.35-$0.45   - Potential Medium-Term $0.70+ (1-3 Months) if Adoption and Staking Volume Pickup   - Long-Term Target (1 Year) $1.2+ Depending on the Growth of the Broader Sui Ecosystem  The low initial circulating supply, combined with exchange exposure and ecosystem incentive programs, offers the perfect climate for the kind of parabolic moves one might expect to see with explosive growth; however, this volatility is to be expected as with all new token launches.

On-chain data shows that more than 85% of holders are now sitting on profits, raising speculations of short-term profit-taking. In an analysis published on Apr. 29 by CryptoQuant contributor Darkfost, the “supply in profit” metric, which tracks the percentage of Bitcoin ( $BTC ) holders currently above their cost basis, has climbed back above 85%. This marks a strong recovery from a recent dip to 75%, a level often seen as a key support zone in past market cycles. “Having a large portion of supply in profit is not a bad thing,” Darkfost wrote. “It tends to support bullish trends — until it reaches euphoric levels.” According to past data, when this metric crosses the 90% mark, markets often enter a euphoric phase followed by short- to mid-term corrections. 💬 #Bitcoin Supply in Profit Approaching a Historic Euphoria Threshold“Historically, when the supply in profit surpassed the 90% threshold, it consistently triggered euphoric phases, and we are now approaching that level” – By Darkfost — CryptoQuant (@cryptoquant_com) April 29, 2025 Bitcoin is consolidating between $94,000 and $95,000 as of the time of writing. Technical indicators provide mixed signals. At 66, the relative strength index is approaching overbought. Though indicators like the Stochastic RSI point to potential trend fatigue, momentum, and moving average convergence/divergence readings are still bullish. If buyers regain their strength, a breakout above $98,000 might lead to Bitcoin retesting the $100,000 level. On the downside, a decline toward the $85,000–$87,000 range could be triggered by a break below $89,000. Beyond the charts, institutional interest appears to be a major driver of the recent rally. According to data from SoSoValue, U.S. spot Bitcoin exchange-traded funds recorded $764 in net inflows over the past week. Corporate buyers are also stepping up. MicroStrategy recently purchased 15,355 BTC for $1.4 billion, increasing its total holdings to over 553,000 BTC.

$INIT has been making waves in the crypto space, and its availability on Bitget, a top-tier exchange, offers a compelling opportunity for traders and investors. As of April 30, 2025, $INIT is gaining traction due to its innovative approach to solving multi-chain interoperability challenges, and its integration on Bitget provides a platform for users to capitalize on its potential. Here's a detailed review of $INIT on Bitget, focusing on its opportunities and future prospects. What is $INIT and Why It Matters Initia is a Layer-1 blockchain designed to support a rollup-centric ecosystem, addressing inefficiencies in existing multi-chain systems like Cosmos and Ethereum rollups. Built on the Cosmos SDK, Initia integrates major virtual machines like EVM, MoveVM, and WASM, making it a versatile platform for developers from various ecosystems. Its mainnet launched on April 24, 2025, and the project has raised $25 million from prominent investors like Hack VC and Delphi Digital, signaling strong institutional confidence. What sets Initia apart is its "Enshrined Liquidity" mechanism, which ties liquidity to consensus security, and its Vested Interest Program (VIP), ensuring fair value distribution among users, developers, and rollups. This focus on native construction and ecological integration positions Initia as a forward-thinking infrastructure for DeFi, AI, GameFi, and beyond. $INIT on Bitget: Trading Experience Bitget, a leading crypto exchange with over 20 million users and a daily trading volume exceeding $10 billion, offers a seamless platform for trading $INIT. The token was introduced to Bitget’s pre-market trading on April 17, 2025, allowing users early access before its official spot trading launch. As of my last data point on April 18, 2025, $INIT was trading at $0.722, reflecting strong early interest. Given the current date, users should check Bitget for the latest price. Bitget’s platform enhances the $INIT trading experience with several features: Pre-Market Access: Bitget’s pre-market trading allowed users to trade $INIT before its official listing, providing an opportunity to secure positions at potentially lower prices. On-Chain Earn Product: Bitget offers an 8–11% APR on $INIT through its On-Chain Earn product, enabling users to generate passive income while holding the token. Futures Trading: Bitget has launched U-based perpetual futures contracts for $INIT with up to 20x leverage, catering to advanced traders looking to amplify their returns. User-Friendly Interface: Bitget’s intuitive platform, paired with advanced tools like TradingView charts and AI-powered bots, makes it easy for both beginners and seasoned traders to engage with $INIT. Opportunities for Traders and Investors Early Adoption Advantage: $INIT’s market cap is around $123.59M to $126.20M, with a ranking of #307, indicating it’s still in its early stages. Its current price is down 11.60% to 13.43% from its all-time high, suggesting a potential entry point for investors anticipating a rebound, especially as the broader crypto market heats up. Passive Income Potential: Bitget’s On-Chain Earn product offers a solid 8–11% APR, making $INIT a good option for those looking to earn steady returns without active trading. This is particularly appealing given the medium-risk classification of the token. Scalability Demand: Initia’s focus on scalability and interoperability taps into a critical need in the crypto space. As DeFi and Web3 ecosystems grow, a robust Layer-1 like Initia could see significant adoption, driving $INIT’s value. Projections suggest a price of $0.6752 by 2026 and $0.8984 by 2031, with a cumulative ROI of +9.87%, indicating steady long-term growth potential. Developer and Community Growth: Initia’s support for developers through shared consensus, native interoperability, and unified incentives could attract a wave of dApp development. A thriving community and increased token utility (e.g., staking, governance) are positive indicators for $INIT’s adoption on Bitget. Exchange Listings: With confirmed pre-market trading on platforms like Bybit and MEXC, $INIT’s liquidity and accessibility are set to improve. Further listings on reputable exchanges could boost its visibility and price. Potentials and Future Outlook Initia’s holistic approach to rebuilding the multi-chain world positions it as a potential leader in the rollup-centric future. Its ability to support a diverse developer base and foster an interconnected ecosystem of Layer-2 solutions (Minitia) could make it a cornerstone of the next wave of blockchain innovation. The project’s $250M valuation at fundraising and pre-market trading prices around $0.68–$0.722 suggest a fully diluted valuation (FDV) of $680M–$700M, which some argue is high but justifiable given its backing and vision. On Bitget, $INIT holders can benefit from the platform’s high liquidity, competitive fees (0.1% spot trading, 0.02% maker/0.06% taker for futures), and innovative features like copy trading, which allows users to mirror the strategies of elite traders. Bitget’s $635M Protection Fund as of January 2025 and transparent Proof of Reserves further ensure a secure trading environment for $INIT. Risks to Consider While $INIT shows promise, it’s not without risks. The Layer-1 space is highly competitive, and attracting developers and users to a new network can be challenging. Regulatory scrutiny in the crypto space could also impact Initia’s growth. Additionally, $INIT’s medium-risk rating means its price could be volatile—traders should be prepared for potential dips and monitor market trends closely. Conclusion $INIT on Bitget presents a unique opportunity for those looking to invest in a promising Layer-1 blockchain with a focus on rollups and interoperability. Its early-stage status, combined with Bitget’s robust trading features and passive income options, makes it an attractive option for both active traders and long-term investors. While risks remain, Initia’s innovative technology and strong backing suggest it has the potential to carve out a significant niche in the evolving crypto landscape. For those willing to navigate the volatility, $INIT on Bitget could be a rewarding venture. Always conduct your own research and consider your risk tolerance before investing.

Bitwise CIO expects major banks to support $BTC ETFs by year-end @BitwiseInvest CIO @Matt_Hougan expects @MerrillLynch, @MorganStanley, @WellsFargo and @UBS to allow their advisors to easily access Bitcoin ETFs by the end of 2025, according to @TheBlock__. He noted that

Bitcoin is hovering near its recent highs, but the charts are quiet—too quiet. After a volatile Q1 rally, BTC is now range-bound, sparking a battle between bulls and bears. Is this the calm before the next breakout, or is the momentum starting to slip? Consolidation phases like this often signal something big is brewing. Either buyers are gearing up for a major move, or sellers are waiting to dump. With volume thinning and volatility dipping, both sides are watching for a catalyst—macroeconomic data, ETF flows, or even whale movements. Scenarios to watch: Bullish breakout: A strong push above resistance with volume could launch BTC into price discovery Bearish rejection: Failure to break the top range might send Bitcoin back to retest support zones Longer consolidation: More chop before a larger macro move—frustrating, but often healthy All eyes are on support at $60K and resistance around $72K. The breakout zone is clear. The question is—which side will blink first? How are you trading this zone? Accumulating, holding, or waiting on the sidelines? $BTC $DEEP $BGB $ETH $DOGS $BCH