BONK price surges 60% in a week, eyes $0.000040 as 1M holder milestone nears

Altcoins—those cryptocurrencies beyond Bitcoin—are showing a technical signal that historically kicked off their biggest price surges. After a rough patch of sideways trading, they've just crossed a key trendline that preceded massive rallies in 2017 and 2021. Analysts are buzzing, wondering if this could be the start of another wild upward swing.

Editor’s Note: If you've been watching crypto, you know altcoins can go from sleepy to skyrocketing overnight. This trendline has been a reliable launchpad in the past, so traders are understandably hyped. But history doesn’t always repeat—just because it looks like the setup before a boom doesn’t guarantee one. Still, it’s a sign the market might be shifting gears, which could mean big moves (and big risks) ahead.

Bitcoin and Ether ETFs kicked off the week with a surge of investor cash, signaling strong demand for crypto-backed financial products. The inflows suggest growing confidence—or at least opportunistic bets—in the two biggest cryptocurrencies, even as the broader market remains volatile.

Editor’s Note: This isn’t just niche trader chatter—big money moving into crypto ETFs reflects how mainstream these assets have become. Strong inflows could hint at renewed institutional interest, which often sets the tone for retail investors. But keep an eye on whether this momentum holds or if it’s just a short-term blip in crypto’s rollercoaster ride.

Two Londoners just got slapped with hefty prison sentences—12 years combined—for running a crypto scam that conned over 65 people out of $2.1 million. The pair, Raymondip Bedi and an unnamed accomplice, lured victims with promises of high returns, only to vanish with their cash. It’s another reminder that while crypto can be legit, scams are still rampant.

Editor’s Note: Crypto scams aren’t going anywhere, and this case shows authorities are cracking down. If you’re dabbling in crypto, stay sharp—too many fraudsters are banking on greed and naivety. Plus, seeing scammers face real consequences might make others think twice.

Ethereum is holding steady above $2,500, a level that used to be a tough barrier but has now become a floor of support. While this shows strength, it’s still struggling to push past $2,700. The price has been stuck in this range for weeks, and a breakout—or breakdown—could set the tone not just for ETH but for other altcoins too.

Editor’s Note: Ethereum’s price action is like a coiled spring right now—it could pop higher or snap back, and whichever way it goes might drag the rest of the crypto market with it. Traders are watching closely because this could be the moment that decides whether the recent slump turns into a rally or another dip.

A key Bitcoin metric suggests that the recent dip to around $100K might have been the bottom, with data showing that short-sellers are struggling to push prices down further. Analysts are now watching closely to see if this could be the start of a fresh rally toward new highs.

Editor’s Note: If Bitcoin has truly found its floor, this could signal a turning point for investors—especially after months of uncertainty. For crypto traders, it’s a hopeful sign that the worst might be over, but as always with Bitcoin, nothing’s guaranteed until the charts confirm it.