14 May 2025, 15:00

Inside Michael Saylor’s $40B Bitcoin Bet: Genius Move or Financial Time Bomb?

The FT film reveals how Saylor built Strategy into a $60B Bitcoin-holding powerhouse. Michael Saylor forecasts Bitcoin hitting $1M by 2035 and soaring to $13M by 2045. Strategy’s stock jumped 400% in a year, outperforming giants like Apple and Nvidia. Michael Saylor has rebranded Strategy from a low-profile software firm to a global leader in the corporate acquisition of Bitcoin. The Financial Times’ new movie, “Michael Saylor’s $40BN Bitcoin Bet ”, tells the story of how one man’s belief in cryptocurrency transformed the whole enterprise. With 568,840 bitcoins worth nearly $60 billion, Strategy’s approach has stunned both Wall Street and crypto-fanatics. In August 2020, Saylor started his Bitcoin journey when he invested $250 million from the treasury reserves of the company. That first step soon developed into the strategy of accumulation of a long-term nature. Over the next few years, Strategy spent billions of dollars buying Bitcoin, making a big bet on the future of the digital asset. The company’s valuation increased to over $100 billion in 2025 after Bitcoin’s surge past $100,000. How Strategy Buys Bitcoin at a Discount What makes … The post Inside Michael Saylor’s $40B Bitcoin Bet: Genius Move or Financial Time Bomb? appeared first on Coin Edition .

14 May 2025, 14:30

Avalanche price prediction 2025-2031: Time to buy AVAX?

Key takeaways: Our Avalanche price prediction anticipates a high of $33.36 in 2025. In 2027, it will range between $59.93 and $71.39, with an average price of $61.59. In 2031, it will range between $267.69 and $326.17, with an average price of $277.23. AVAX exhibited wild price swings in 2024. This record came as the crypto market valuation peaked. It later reversed, shedding some of the profits in 2025. While the Avalanche ecosystem has been making strides, the AVAX price has left investors particularly questioning its trajectory. Will AVAX go up? Is AVAX a good investment? Let’s explore these and more in our Cryptopolitan price prediction from 2025 to 2031. Overview Cryptocurrency Avalanche Symbol AVAX Current price $25.53 Market cap $10.72B Trading volume $567.28M Circulating supply 418.54M All-time high $146.22 on Nov 21, 2021 All-time low $2.79 on Dec 31, 2020 24-hour high $26.52 24-hour low $24.52 Avalanche price prediction: Technical analysis Metric Value Volatility (30-day variation) 8.17% 50-day SMA $20.61 200-day SMA $26.80 Sentiment Bullish Green days 16/30 (53%) Avalanche price analysis As of May 14, AVAX’s price rose by 4.32% in 24 hours and 26.67% in the last 30 days. Its trading volume grew by 2.51% in 24 hours, showing increasing interest in trading activity. AVAX/USD 1-day chart analysis AVAX/USD 1-day chart AVAX was in an ascending channel in the last quarter of 2024. The trend reversed in December, after reaching a high of $55.41 on Christmas Eve. The drop continued into 2025 and is yet to reverse. Last week, the coin attempted a recovery which saw it rise from a low of $19.09 to as high as $26.84. The William Alligator is feeding as AVAX volatility rises. The relative strength index is 67.98 in neutral territory, with the MACD histogram showing positive market momentum. It is considered overbought when the RSI value rises above 70. AVAX/USD 4-hour chart analysis AVAX/USD 4-hour chart The 4-hour chart highlights AVAX’s current run, which has broken out upwards following a recovery that saw it reach a high of $26.84. Like the daily chart, its RSI is in neutral territory at 58.25. The William Alligator trendlines show rising volatility. Avalanche technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 21.98 BUY SMA 5 23.63 BUY SMA 10 22.31 BUY SMA 21 21.97 BUY SMA 50 20.61 BUY SMA 100 21.69 BUY SMA 20 26.80 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 21.36 BUY EMA 5 20.45 BUY EMA 10 19.63 BUY EMA 21 19.52 BUY EMA 50 21.25 BUY EMA 100 24.82 BUY EMA 200 27.96 SELL What to expect from AVAX price analysis next? The combination of technical indicators and chart analysis suggests that Avalanche is bullish and will rise higher over the short term. Why is AVAX down? AVAX is correcting from its highest last year; the crypto market capitalization is also bearish. The drop in AVAX value could be attributed to the general market sentiment. Will AVAX reach $50? According to the Cryptopolitan price prediction, AVAX crossed the $50 mark in 2027. Will AVAX reach $100? According to the Cryptopolitan price prediction, AVAX will reach $100 in 2028, with a maximum price of $106.00 for the year. Can Avalanche reach $1,000? It remains highly unlikely that AVAX will cross the $1,000 mark before 2031. At that market capitalization, it could be more valuable than Ethereum. Can Avalanche reach $10,000? It remains highly unlikely that AVAX will cross the $10,000 mark before 2031. How much will Avalanche be worth in 2025? As the second half of 2025 unfolds, we anticipate it will trade between $19.06 and $33.36, with an average price of $29.46. Does Avalanche have a good long-term future? According to Cryptopolitan price predictions, AVAX will trade higher in the coming years. However, factors like market crashes or negative regulations could invalidate this bullish theory. Is Avalanche a good crypto to buy? Chart analysis suggests that Avalanche is recovering and currently gearing up for a closer move to $27 despite the overall bearish momentum. Recent news A district administration for a town in India, Dantewada District Administration of Chhattisgarh, has digitized all land records dating back to the 1950s and stored them on the Avalanche blockchain in a move toward tamper-proof and transparent land governance. AVAX price prediction May 2025 For May, AVAX will trade between $14.56 and $21.05, with an average price of $18.83. Month Potential low ($) Potential average ($) Potential high ($) May 14.56 18.83 21.05 Avalanche price prediction 2025 As 2025 unfolds, we anticipate it will trade between $14.56 and $33.36, with an average price of $23.46. Year Potential low ($) Potential average ($) Potential high ($) 2025 14.56 23.46 33.36 Avalanche price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 40.10 41.57 48.79 2027 59.93 61.59 71.39 2028 84.70 87.78 106.00 2029 129.49 133.88 148.78 2030 185.44 190.79 222.81 2031 267.69 277.23 326.17 Avalanche price prediction 2026 The Avalanche price forecast shows it will range between $40.10 and $48.79, with an expected average trading price of $41.57. AVAX price prediction 2027 Avalanche price prediction climbs even higher into 2027. According to the predictions, it will range between $59.93 and $71.39, with an average trading price of $61.59. Avalanche crypto price prediction 2028 Our Avalanche price prediction indicates a further acceleration in the price. It will trade between $84.70 and $106.00 and have an average of $87.78. Avalanche price prediction 2029 According to the AVAX coin price prediction for 2029, the price of AVAX will range from a minimum price of $129.49 to a maximum price of $148.78. The average price will be $133.88. Avalanche prediction 2030 According to the Avalanche price prediction for 2030, we expect Avalanche to range from $185.44 to $222.81, with an average price of $190.79. Avalanche price prediction 2031 The Avalanche price forecast shows it will range between $267.69 and $326.17, with an average price of $277.23. Avalanche price prediction 2025 – 2031 Avalanche market price prediction: Analysts’ AVAX price forecast Platform 2025 2026 2027 Digitalcoinprice $39.99 $48.82 $66.86 Coincodex $22.62 $20.08 $14.63 Gate.io $19.80 $22.86 $27.21 Cryptopolitan Avalanche price prediction Our predictions show that Avalanche will achieve a high level of $33.36 in 2025. In 2027, it will range between $59.93 and $71.39, with an average price of $61.59. In 2031, it will range between $267.69 and $326.17, with an average of $277.23. Note that the predictions are not investment advice. Seek independent consultation or do your research. Avalanche historic price sentiment Avalanche price history. Image source: CoinStats In July 2020, Avalanche completed its public sale, raising $42 million in less than $4.5 hours. The tokens were distributed after the mainnet launch in September. On Dec 31, 2020, it fell to an all-time low of $2.788. In September 2021, the Ava Labs Foundation received a $230 million investment from Polychain and Three Arrows Capital Group by purchasing the AVAX cryptocurrency. In November 2021, following an agreement with Deloitte to improve US disaster relief funding, AVAX moved to the top 10 cryptocurrencies by market capitalization. At that time, AVAX moved to its all-time high at $146.22. In Aug 2022, a whistleblower, ‘crypto leaks’, published a report accusing Ava Labs of secret deals with a law firm to destabilize its competitors. Ava Labs CEO Emin Gün Sirer denied any dirty deal with Roche Freedmen law firm. In 2023, AVAX maintained a bullish trend between January and May, after which bears overwhelmed the market. It resumed the positive momentum in October, rising to $49.96 In 2024, it crossed the $60 mark in March. The rise coincided with a record high in AVAX inscriptions, with over 100 million ASC-20 minted since their introduction in June 2023. The uptrend reversed in April 2024; by July, it had fallen to $24.40. In August, it was at $21, and in September and October, it was at $27. It turned bullish in November 2024, rising from as low as $23 to as high as $55 in December. It later corrected and traded at $42 into 2025. The drop continued into January; by May, it had fallen below $20.

14 May 2025, 14:02

Behind Closed Doors Gensler Was Not Anti Crypto: McHenry

Former US Representative Patrock McHenry suggested that Gensler's public hostility was politically motivated. Meanwhile, Senators Cynthia Lummis and Bernie Moreno are pushing the Treasury Department to revise corporate crypto tax rules, and warned that taxing unrealized gains on digital assets harms US competitiveness. Also in the US, Sam Altman’s Worldcoin project is facing more backlash over privacy concerns as it rolls out iris-scanning verification hubs in the country. The patchwork of state biometric laws is also making things more difficult for the project to gain traction. Gensler Accused of Playing Politics on Crypto Former US Securities and Exchange Commission (SEC) Chair Gary Gensler may have had a much more favorable view of crypto in private than his public actions suggested. This is according to former US Representative Patrick McHenry. On the Crypto in America podcast on May 13, McHenry recounted some of his private interactions with Gensler, and revealed that the former SEC chair expressed a nuanced understanding of digital assets behind closed doors. “Did he come across, or was he as anti-crypto in private as he was in public?” McHenry was asked. “No… Nope,” he responded, adding that Gensler “saw the value of digital assets” and acknowledged the promise of blockchain technology, particularly during his academic tenure at the Massachusetts Institute of Technology. Former US Representative Patrick McHenry Gerald Gallagher, general counsel at Sei Labs, supported this view by pointing out Gensler’s lesser-known academic contributions, including his involvement in shaping the concept of the airdrop. Despite these insights, McHenry said he was dismayed by the shift in Gensler’s posture once he assumed leadership at the SEC in 2021. During his tenure, Gensler spearheaded more than 100 enforcement actions against crypto companies, which is a strategy that drew widespread criticism from industry leaders and politicians. McHenry described discussions with Gensler as perplexing, and said that while conversations would begin constructively, they would often descend into contradictions. He suggested Gensler’s hardline public stance may have been driven more by Senate confirmation dynamics than personal conviction. Gensler officially left the SEC on Jan. 20, 2025, after which he returned to MIT to teach courses on fintech and AI. Unfortunately, his time at the SEC left a trail of industry resentment. In late 2024, Coinbase CEO Brian Armstrong announced the company would cut ties with law firms employing former SEC officials who participated in what he described as a campaign to “unlawfully kill” the crypto industry. Similarly, in early 2025, Gemini declared that it would no longer hire MIT graduates unless the institution severed ties with Gensler. Senators Push Treasury for Crypto Tax Relief While Gensler’s actual stance on crypto is still unclear, other lawmakers are making their voices heard. Two US senators urged the Treasury Department to revise how corporate taxes apply to digital assets. They believe this move is necessary to preserve America's competitive edge in the digital finance space. In a letter dated May 12, Senators Cynthia Lummis and Bernie Moreno called on Treasury Secretary Scott Bessent to amend the definition of “adjusted financial statement income” under current law. Their proposal seeks to ease the tax burden that is imposed by the Inflation Reduction Act, which levies a 15% minimum tax on corporations earning over $1 billion in profits for three consecutive years. Under the current framework, companies could be taxed on unrealized gains from crypto holdings, which is a prospect that Lummis and Moreno argue puts US firms at a disadvantage compared to their international peers. Lummis is a longtime advocate for digital asset innovation, and she placed a lot of emphasis on the importance of quick action in a May 13 social media post. She warned that failure to adapt could threaten the nation’s leadership in digital finance. (Source: Follow the Crypto) Moreno is a freshman senator whose campaign was supported by crypto-aligned political action committees, and had similar concerns in the letter. Both senators argued that modifying the tax code could provide much-needed relief to corporations investing in digital assets. This initiative comes amid wider legislative efforts related to crypto, including renewed attempts to pass the GENIUS Act — which is a bill that is aimed at creating a regulatory framework for payment stablecoins. A May 8 motion to consider the bill in the Senate stalled after Democrats objected to former President Donald Trump's connections to the crypto industry. Despite the setback, Lummis indicated that she will continue to support advancing digital asset regulation and suggested the Senate could revisit the stablecoin bill vote. Worldcoin Raises Alarms in US Privacy Debate Meanwhile, regulators are more uncertain about World Network, the digital identity and crypto project launched by Sam Altman’s OpenAI. It is facing mounting global criticism and regulatory scrutiny as it prepares for its launch in the United States. Formerly known as Worldcoin, the initiative uses iris-scanning technology to create a unique digital identity for users, which the company claims will help distinguish humans from AI in an increasingly automated world. However, privacy advocates argue that the project poses a serious threat to personal freedom and security, and warned that biometric data collected could be used for profiling, surveillance, and discrimination. Despite its promise of privacy protection, World has already been banned in countries like Spain, Brazil, and Hong Kong, while authorities in India, South Korea, Kenya , Germany, and others have launched investigations or ordered the deletion of user data. Critics claim the project offers insufficient transparency, targets vulnerable populations, and fails to offer clear consent withdrawal mechanisms. Additionally, Privacy International and Amnesty International both warned that without strict legal frameworks and oversight, biometric data collection initiatives like World risk enabling mass surveillance and eugenics-based profiling. World now plans to expand into the US and establish verification hubs in Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, where users can scan their irises to obtain digital IDs. Yet the project faces a very complex patchwork of biometric privacy laws that vary a lot between states. World’s orbs Only California and Texas currently have state-level protections for biometric data, and enforcement in Texas is limited to the attorney general’s discretion. Legal experts warn that users in states without these kinds of protections are particularly vulnerable, as there is no federal law specifically governing the collection of biometric data like iris scans. Cyberlaw attorney Andrew Rossow explained that user protections depend heavily on the willingness and capacity of local authorities to act, which may vary widely. While Ethereum community figures like Tomasz Stańczak and Paul Dylan-Ennis have voiced cautious optimism about World’s privacy protocols, others are still deeply skeptical.

14 May 2025, 13:35

MoonwellDeFi Launches USDC Vault with WELL, OP Rewards and Instant Claim Staking on Optimism Mainnet with MorphoLabs

MoonwellDeFi has integrated its flagship USDC Vault on the Optimism (OP) Mainnet, enabling users to earn WELL and OP rewards alongside borrower fees from MorphoLabs' isolated markets. This integration allows depositors to earn multiple rewards including WELL tokens, OP tokens, and fees from borrowing activities, all accessible through the Moonwell app. MoonwellDeFi is the first frontend to support MorphoLabs on the Optimism mainnet and has developed a staking contract system that allows instant claiming of OP and WELL rewards without delays. MorphoLabs also announced that lending and borrowing on the HyperliquidX EVM platform are powered by its technology, further expanding its presence on the Superchain ecosystem. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

14 May 2025, 13:28

JPMorgan Steps Into Crypto with Tokenized Treasury Trade

The post JPMorgan Steps Into Crypto with Tokenized Treasury Trade appeared first on Coinpedia Fintech News JPMorgan has completed its first tokenized U.S. Treasury transaction on a public blockchain, marking a major step toward merging traditional finance with blockchain technology. The trade was settled using Ondo Finance and Chainlink, showing how real-world assets like Treasuries can move through decentralized networks. This move highlights growing interest from major institutions in using blockchain for secure and efficient financial operations, bridging the gap between traditional banking and the fast-evolving world of crypto.