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#Bitcoin is entering what analysts describe as its first supercycle, with price action already following a structure that differs from past market cycles.
This narrative strengthened as Bitcoin (BTC) pushed past $81,000 in grand style, reclaiming levels last seen in late January. Renewed institutional activity via US Bitcoin spot ETFs and easing geopolitical tensions have played a major role in this rebound. 
Still, analysts believe the premier crypto asset could go way higher than its current price.
Key Points
Prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle.This cycle started in November 2022 and could extend to early 2028, with Bitcoin targeting $250,000.The current cycle is showing signs of a mild retracement, aligning with earlier events in 2020 and 2021.The outlook refers to the February 6 lows near $60,000 as the current cycle’s base.
Bitcoin Supercycle Narrative
Specifically, prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle. In his X post, he noted that the target for this extended bullish phase is an unprecedented price of $250,000.
The analyst places the start of this cycle in November 2022, when Bitcoin formed a bear-market low near $16,000. Weak market conditions and the FTX implosion, spurred by founder Sam Bankman-Fried’s reported fraudulent activity, adversely impacted Bitcoin, pushing it to those lows.
As these pressures dwindled and a new market phase began, BTC recovered. From around sub $16,000, it rallied to a peak of $126,200 in October 2025. Plan C highlighted this current all-time high as the first major top within the current cycle. 
After that rally, the asset corrected to roughly $60,000 in February 2026, which Plan C identifies as a mid-cycle bottom. His outlook aligns with Grayscale’s, referring to the February 6 lows as the current cycle’s base.
The analyst expects the next bull peak to be between late 2027 and early 2028, targeting $250,000. This move would mark a 207% growth from the current price of $81,350.
Current Cycle Aligns with Earlier Mild Correction Phases
Meanwhile, an accompanying chart shows that Bitcoin has experienced mild-cycle corrections, as it is in the current market phase. An example is the COVID-19 pandemic in 2020, which affected global markets, including digital assets. BTC dropped 57% before recovering to higher prices.

A similar event occurred in May 2021, during China’s ban on all mining activities. BTC dropped 55% from around $65,000 to $28,700 but again recovered to its November 2021 all-time high of $69,000.
These rapid declines created strong bearish narratives at the time, yet Bitcoin continued to move higher after each event. As such, the commentary suggests that these corrections did not break the long-term structure but instead reinforced it.
The current cycle is showing signs of a mild retracement, with BTC correcting 50% from last year’s high to the February lows before the current rebound. If it mirrors other scenarios, then it could rally further from here.
Bitcoin Outlook Reflects Structural Shift
Moreover, this cycle is different. Plan C noted that this would be Bitcoin’s first supercycle, marking a deviation from the typical 4-year cycle. 
Rather than ending after each peak, BTC would build on previous gains while absorbing volatility along the way. According to him, this cycle started in November 2022. If it ends around 2028, as he projected, it will mark six bull years for BTC, with a mild mid-cycle retracement this year.
Several industry leaders had predicted this, citing the changing tides in the crypto sector amid institutional adoption. Binance’s Changpeng Zhao and Bernstein are among those who called this extended bull market run.
#CryptoNewsFlash

Latest Market Updates: As of 29th April 2026.
Crypto markets are showing mixed momentum today, with Bitcoin facing resistance as on-chain data suggests rising selling pressure from large holders. 
Meanwhile, the DeFi sector is responding to a major exploit, legal pressure continues for former FTX CEO Sam Bankman-Fried, and Canada signals a tougher stance on crypto regulation.
Bitcoin Faces Resistance as Exchange Inflows Surge
Bitcoin is facing renewed selling pressure as large holders move significant amounts of BTC onto exchanges.
According to CryptoQuant analyst Woominkyu, net inflows reached 9,905 BTC on April 27, the highest daily level in a month. This spike comes as Bitcoin continues to struggle near the $78,000 resistance zone, where upward momentum has stalled despite recent consolidation.
Supporting this bearish signal, the Exchange Whale Ratio rose to 0.707 on the same day. This means that the top 10 inflow transactions accounted for over 70% of all exchange deposits. This concentration is a strong indication that large holders are actively positioning for distribution.
In addition, exchange reserves are also trending upward. Holdings increased from 2.666 million BTC on April 25 to 2.677 million BTC by April 28, a pattern often interpreted as rising potential sell-side pressure.
Collectively, these indicators suggest weakening demand absorption. Woominkyu warned that if inflows continue to outweigh buying pressure, Bitcoin could retest the $74,000–$75,000 support range in the near term.
As of writing, Bitcoin is trading at $77,152, down 0.7% over the past 24 hours.
LayerZero Pledges $23M to DeFi Recovery After Major Exploit
In the DeFi sector, LayerZero Labs has committed significant resources to a recovery effort following a major exploit affecting Kelp DAO.
The firm has pledged over 10,000 ETH, worth approximately $23 million, to an Aave-led recovery initiative. Specifically, half of the amount (5,000 ETH) will be donated directly. Meanwhile, the remaining 5,000 ETH will be used to support liquidity on Aave.
The response follows a $292 million exploit on April 18 involving a sophisticated RPC poisoning attack that compromised LayerZero’s verification system. Attackers exploited the vulnerability to forge cross-chain messages, resulting in the minting of unbacked rsETH on Ethereum.
Roughly 107,000 rsETH were subsequently deposited into Aave lending positions, creating a significant bad debt burden for the protocol.
Alongside its financial commitment, LayerZero also plans to improve liquidity support for GHO, Aave’s native stablecoin. In addition, it will collaborate with Aave and other DeFi players on refining omnichain token standards for lending infrastructure.
U.S. Court Rejects Bankman-Fried’s Bid for New Trial
In legal developments, former FTX CEO Sam Bankman-Fried has been denied a retrial by a federal court in New York.
Bankman-Fried is currently serving a 25-year sentence for his role in the collapse of FTX. He had argued that newly identified witnesses could provide testimony in his defense.
However, Judge Lewis Kaplan rejected the request, ruling that the witnesses were already known before the original trial. He added that the defense had not attempted to secure their testimony at the time.
The court also found no indication that the witnesses would support claims regarding FTX’s solvency or full customer repayment. Kaplan further noted that the motion appeared aimed at rehabilitating Bankman-Fried’s public reputation following the exchange’s bankruptcy.
Canada Proposes Ban on Crypto ATMs Amid Fraud Concerns
In regulatory news, Canada is considering a ban on crypto ATMs as part of its Spring Economic Update 2026.
Specifically, officials argue that these kiosks have increasingly been linked to fraud and money laundering, describing them as a frequent tool for illicit financial activity rather than legitimate consumer use.
If approved, the ban would remove standalone crypto ATMs from public locations such as malls, gas stations, and retail stores. However, Canadians would still be able to purchase crypto through regulated money service businesses.
The proposal marks a notable shift for a country that once played a pioneering role in ATM-based crypto adoption, including hosting the world’s first Bitcoin ATM in Vancouver in 2013.
#CryptoNewsFlash

#XRP community member Digital Asset Investor has shared an “Endgame Theory” that says XRP’s value will grow steadily because of real use, not hype.
According to him, XRP’s price may not follow the explosive, hype-driven rallies seen in past cycles, at least not at first.
Key Points
XRP “Endgame Theory” says price may rise steadily on real usage, not hype cycles or sudden spikes.A “slow rising bathtub” model suggests utility builds a price floor, while speculators later add volatility.As adoption grows, tighter supply on exchanges could trigger faster price moves if demand keeps climbing.Ripple’s Markus Infanger says the price-demand gap may be temporary as utility quietly expands.
Slow Rising Bathtub
In his commentary, Digital Asset Investor describes a “slow rising bathtub” effect for XRP. In this model, real-world usage gradually lifts the price floor as demand builds in the background.
Speculators, often late to utility trends, then enter the market and create volatility on top of that steadily rising base. The key idea is that as utility sets the floor, speculation creates the swings.
If that dynamic plays out, XRP could see a more stable long-term uptrend rather than the typical boom-and-bust moves. However, the theory also points to a critical turning point: supply pressure.
As more XRP gets locked into real usage, available supply on exchanges could tighten. If demand continues rising at the same time, price acceleration could follow quickly.
“Price vs Demand Gap”
Notably, this theory aligns closely with comments from Markus Infanger, Senior Vice President at Ripple, who recently addressed concerns that XRP’s price does not reflect its real-world usage.
Infanger argued that the perceived “gap” between price and demand may not actually exist. Instead, he described the market as being in a transition phase, where utility is growing quietly behind the scenes while price discovery catches up more slowly.
He pointed to rapid growth on the XRP Ledger, where tokenized assets have expanded from roughly $100–200 million to over $2 billion within a year.
At the same time, the introduction of XRP spot ETFs in the United States is adding another layer of liquidity. According to Infanger, this institutional access does not compete with utility. It instead strengthens it by improving XRP’s efficiency as a settlement asset.
XRP Hidden Utility Driving Structural Demand
Beyond executive commentary, developers within the XRP Ledger ecosystem argue that XRP’s real strength lies in its built-in role as a neutral bridge asset.
Validator Vet, speaking on a recent podcast, explained that XRP is central to liquidity routing on the network. Features like autobridging automatically use XRP to facilitate trades between different assets, improving pricing and efficiency.
For example, a transaction between two stablecoins can be routed through XRP to complete the trade seamlessly. This means that as more assets and institutions operate on XRPL, demand for XRP as a liquidity layer naturally increases.
Importantly, XRP is also required for transaction fees, which are burned, making the asset slightly deflationary over time.
With new features like permissioned decentralized exchanges and compliance tools now live, XRPL is positioning itself for institutional DeFi, foreign exchange, and cross-border settlement.
In that environment, market makers may need to hold XRP to provide liquidity, creating a direct link between network activity and demand.
The “Endgame” Scenario
Taken together, these developments strengthen the core idea behind the Endgame Theory.
If XRP adoption continues expanding across payments, tokenization, and institutional finance, demand may rise steadily rather than suddenly. This could lift the price floor over time, even if short-term market sentiment remains mixed.
Eventually, as Digital Asset Investor suggests, speculators may recognize this shift and move in aggressively, adding volatility on top of a fundamentally stronger base.
At that stage, supply “shocks” could become a defining factor as reduced circulating supply could amplify price movements.
In sum, what some see as a disconnect between price and utility may simply be a lag that theories like the “XRP Endgame” suggest will eventually close.
#CryptoNewsFlash

Today something wild happened on the XRP Ledger. One of BitGo’s wallets ran dry of XRP, but the scripts didn’t stop working. They kept creating new accounts and sending transactions that had zero chance of success. The result: thousands of “UNFUNDED PAYMENT” errors flooded the network.
What Went Down
BitGo’s system tried to activate new $XRP accounts, each requiring 1 XRP reserve, even after its balance hit 0.The failed attempts spiked to nearly 11,000 in one day, according to ledger data.It wasn’t a hack, just an automation loop gone rogue. BitGo confirmed the wallet has now been topped up with 1,048 XRP to stop the spam.
Why This Matters
Even though no coins were stolen, the glitch shows how one small script error can ripple through a major blockchain. The ledger stayed secure, but the event cast a spotlight on automation risks in crypto networks.


TL;DR
XRP Ledger glitch = wild day for the community + reminder that tech still needs humans.
#xrp #CryptoMarketMoves #BinanceSquareTalks #blockchain #CryptoNewsFlash

A recent analytical exposition has highlighted the possibility that #Cardano could see an upsurge of 10% to 100% from its current price level.
Read more on: https://thecryptobasic.com/2025/10/30/analyst-insists-cardano-setting-up-for-10-to-100-gains/
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A top analyst has predicted the next price target for #Shiba Inu following its recent bullish shift, spurred by a stop-loss cluster retest.
Read more on: https://thecryptobasic.com/2025/07/22/heres-the-next-target-for-shiba-inu-after-liquidity-masterclass/
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