Uzmancoin

One of the founders and leading developers of Ethereum, Vitalik Buterin, outlined his proposals to simplify Ethereum's structure to be as straightforward as Bitcoin in a new article within a period of about 5 years. Buterin stated that to achieve this goal in the long term, both consensus and application in the protocol are necessary.

Warren Buffett, Berkshire Hathaway's CEO, reassured investors at the annual meeting, downplaying recent market downturns as insignificant. He highlighted the company's resilience and his confidence in seizing opportunities. Buffett also announced his successor, Greg Abel.

In May, the crypto market will witness unlocking of about $2 billion across 13 altcoins. Major unlocks include Pyth Network and WhiteBIT Coin. Dates and details of key unlocks are outlined, offering insights into the market trends.

CIA Deputy Director Michael Ellis expressed support for Bitcoin and cryptocurrencies, emphasizing their permanence. He highlighted the need to break old thought patterns in the US to stay ahead in the crypto field. Bad actors use various currencies, not just crypto, and Ellis believes banning them is not the solution. The trend of increasing institutional adoption of cryptocurrencies is positive.

A hacker stole $330 million worth of Bitcoin from an elderly person in the US. The stolen BTC was bought for $3 million in 2017. The thief used social engineering to access the funds, converting them to Monero causing a 70% price increase.

Bloomberg updated evaluations for seven altcoins awaiting SEC's spot ETF decision. Analysts predict highest approval chances for Litecoin and Solana, followed by XRP, Dogecoin, and HBAR. Approval likelihoods range from 75-90%. Decision expected in 2025, with experts seeing lower chances of rejection compared to previous years.

Bitwise's Matt Hougan stated that major brokerage firms such as Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are ready to trade Bitcoin spot ETFs by the end of the year, potentially boosting ETF investments significantly by 2025. This development shows increasing support for Bitcoin ETFs among financial advisors and may lead to easier access for investors.

Fidelity Digital Assets highlighted that Ether is trading below its value based on blockchain data. Despite a positive long-term outlook, caution is advised for short-term investors due to current market indicators.

Ethereum is struggling to keep up with the rise of Bitcoin, as noted by trader Peter Brandt, warning of potential further loss in value against Bitcoin. Despite a positive development with Ethereum ETFs in the US, Ethereum continues to lag behind Bitcoin in recent months.

BlackRock's iShares Bitcoin Trust ETF (IBIT) received a significant influx of $971 million on Monday, marking the second highest daily inflow since its launch in January 2024. This large investment helped offset outflows in other Bitcoin ETF products such as ARK 21Shares Bitcoin ETF (ARKB). The increased demand for Bitcoin, particularly during a period of wavering trust in the US dollar, has led to heightened interest in Bitcoin ETFs among investors. Bitcoin ETFs received the second largest investment of 2025 last week as Bitcoin traded above $95,000 at the time of writing.

US Trade Minister Howard Lutnick predicts Bitcoin will gain more attention after addressing global trade and peace efforts. He highlights the importance of global trade reforms and peace-building before focusing on Bitcoin. Lutnick emphasizes that it is still early days for Bitcoin and expects a surge in Bitcoin mining activities. Under the Biden administration, Bitcoin is viewed more positively, suggesting a positive trajectory for its adoption.

Bo Hines, the Executive Director of the White House Crypto Council, highlighted two key priorities in the cryptocurrency realm: passing legislation and delivering a report within 180 days. Hines aims for bipartisan support to position the US as a global leader in digital assets and financial technology. The focus is on creating a federal regulatory framework for cryptocurrencies, including the possibility of a national digital asset stockpile. Meeting these targets could establish the US as the leading crypto hub by August.

Arizona State Legislature passed a bill proposing a portion of public funds to be invested in Bitcoin, making Arizona the first state to do so if Governor Katie Hobbs signs it. The bill allows investing up to 10% of state funds in digital assets, especially Bitcoin, reflecting a growing trend in integrating cryptocurrencies into public financial management. Republican Senator Wendy Rogers and House Representative Jeff Weninger led the bill, while other states like Iowa, Missouri, and Texas are also considering creating strategic Bitcoin reserves. At the federal level, former President Donald Trump approved the establishment of a national Bitcoin reserve and digital asset stock through an executive order in March.

Geoffrey Kendrick, Chief of Digital Assets Research at Standard Chartered, predicts Bitcoin to reach $120,000 by the second quarter of 2025. He highlights factors like institutional investors turning to Bitcoin and increasing ETF entries. Kendrick also foresees rises in other cryptocurrencies like AVAX, XRP, and ETH.

According to Bernstein analysts, institutional Bitcoin investments and ETF entries could lead the market to new highs. With approximately 80 companies holding a total of 700,000 BTC, representing 3.4% of Bitcoin's total supply, the potential squeeze in supply could drive Bitcoin to new peaks. ETFs currently represent 5.5% of Bitcoin's supply, around $110 billion. The analysts predict Bitcoin could reach $200,000 by 2025, $500,000 by 2029, and $1 million by 2033, painting a positive long-term outlook for Bitcoin.

Strategy purchased 15,355 Bitcoin between April 21-27, increasing its total holdings to 553,555 BTC. The average purchase price was $92,737 per BTC, totaling $1.42 billion. This led to a profit of $14 billion for the company from Bitcoin's total supply. The purchases were financed through MSTR and STRK stock sales. As of the latest report, Strategy's market value is $98.1 billion.

Cryptocurrency funds received a significant $3.4 billion in net inflows last week, marking the largest investment since mid-December. Bitcoin funds attracted the most investment, while Ethereum saw a break in eight weeks of losses. Solana was the only altcoin with outflows, while Sui and XRP funds received substantial investments.