NiftyNoon: Can Record Bitcoin Inflows Bring $BTC Back to All Time Highs? 🟠💸📈
Bitcoin and Ethereum see renewed institutional inflows, but key resistance levels and mixed fund flows keep markets at a cautious crossroads (April 30, 2025)
Nifty Thought:
Bitcoin’s recent rally—driven by over $3 billion in ETF inflows since April 21—has reignited bullish sentiment, with the price climbing 27% from its $74,400 lows and testing resistance near $95,000. BlackRock’s IBIT posted its second-largest single-day inflow, and total BTC ETF holdings now represent nearly 6% of Bitcoin’s market cap. While such inflows have historically preceded price peaks in some cases, data suggests they more consistently point to short-term momentum rather than immediate reversals. Analysts remain cautiously optimistic, with some projecting a move toward $100K, though seller interest around that level could trigger a pullback.
Ethereum is also gaining traction, with ETH ETFs recording over $64 million in daily inflows, led by BlackRock’s ETHA. This renewed interest signals broader institutional engagement in crypto markets beyond Bitcoin. However, not all indicators point to unrestrained growth—some funds like ARK and Fidelity have seen net outflows, and analysts from QCP Capital caution that without a new catalyst, Bitcoin may struggle to decisively break $100K. For now, ETF flows and technical levels support a cautiously bullish outlook, though both BTC and ETH remain vulnerable to profit-taking if momentum stalls at key resistance zones.
Highlighted News:
🟠 Last week, US spot Bitcoin ETFs recorded a net inflow of 31,323 $BTC, equivalent to approximately $2.9 billion:
https://x.com/glassnode/status/1916791419928187156
🔷 @VitalikButerin on the Twin goals of the EF:
https://x.com/VitalikButerin/status/1917027222398886364
🇺🇸 Truth Social Explores Launch of Utility Token and Digital Wallet for Subscriptions and Rewards:
https://x.com/zoomerfied/status/1917325652581109953
🚀 Kick-starting the next @solana meme season with boopdotfun - bigger rewards, stronger communities:
https://x.com/boopdotfun/status/1917240496407380306
📜 The @SECGov has delayed making a decision on @BitwiseInvest’s $DOGE ETF application until June 15:
https://x.com/EleanorTerrett/status/1917260046351884670
Project and Community News:
Apr 29 ETF Updates: https://x.com/lookonchain/status/1917223199819145353
$ETH ecosystem just hit a new ATH with 15,400,000 active addresses: https://x.com/tedpillows/status/1917124226848370925?s=46
BlackRock filed for Digital share class (DLT Shares) of their $150 billion money market fund: https://x.com/etfhearsay/status/1917339382798754143?s=46
At the Dinner with TRUMP, the top 4 Leaderboard $TRUMP holders, who will be attending the dinner, will receive the Magnificent Trump Tourbillon Watch: https://x.com/GetTrumpMemes/status/1917207115967451647
Launchlab by @RaydiumProtocol reaches $100M in cumulative volume in just 11 days: https://x.com/0xAbhiP/status/1917295159164752359
Core devs want to remove the arbitrary data limits on OP_RETURN: https://x.com/basedkarbon/status/1917309726192226342?s=46
AstroVerse is coming to @AbstractChain: https://x.com/astroversewtf/status/1915828260685914283?s=46
@pudgypenguins are now storing all their stickers and GIFs on @TuskyTools
, powered by Walrus: https://x.com/WalrusProtocol/status/1917250273078137196
Camp Network announces it has raised $30M to build the Autonomous IP Layer 1 Blockchain: https://x.com/campnetworkxyz/status/1917227468458443116?s=46
USD₮0 is live on Flare: https://x.com/FlareNetworks/status/1916871285428076666
Over the past few hours, a handful of projects launched on Believe. Some highlights: https://x.com/pasternak/status/1917038732655415376
With a seamless upgrade from Bridged USDC Standard, Native USDC is coming to @SonicLabs: https://x.com/circle/status/1917202226659119603?s=46
Base has reached Stage 1 Decentralization: https://x.com/base/status/1917252389083758689?s=46
Native @USDC. CCTP V2. Soon: https://x.com/SonicLabs/status/1917212694274510907
@MessariCrypto Introducing stellar.messari.io: https://x.com/messaricrypto/status/1917233607481106647?s=46
The next phase of $G7 is here: https://x.com/g7_dao/status/1917221582193525078?s=46
So much green on the Solana meme board: https://x.com/Tyler_Did_It/status/1917305369505788333
Simplified Encryption Sold from 6e1fce to 9004b1 for 95Ξ ($172,831 USD): https://x.com/botofluci/status/1917310068384751966?s=19
Quick Stats:
👾 Blur ETH Daily Volume: 619 ETH (▼ 34.37%)
🌊 OpenSea ETH Daily Volume: 933 ETH (▼ 22.35%)
🟠 BTC : $94,339.70 (▼ 0.52%)
🔷 ETH: $1,766.88 (▼ 2.49%)
🟣 Solana: $142.69 (▼ 3.08%)
🟪 Polygon: $0.24 (▼ 1.17%)
Top NFT Sales:
Skulls of Lucci #33019 = 95.00 ETH
CryptoPunk #1520 = 52.00 ETH
CryptoPunk #8580 = 42.65 ETH
NFT Daily Winners:
🐱 Quantum Cats: 0.04 BTC (▲ 5.32%)
😡 Mad Lads: 42.00 SOL (▲ 3.96%)
🧙♂️ Taproot Wizards: 0.15 BTC (▲ 3.03%)
🧦 Bitcoin Puppets: 0.03 BTC (▲ 2.33%)
💼 Ordinal Maxi Biz: 0.02 BTC (▲ 1.80%)
NFT Daily Losers:
👩🏻 Milady Maker: 3.27 ETH (▼ 0.01%)
🏳🌈 Chromie Squiggles: 4.45 ETH (▼ 1.11%)
🦧 Bored Ape Yacht Club: 13.39 ETH (▼ 1.33%)
⛩ Azuki: 2.60 ETH (▼ 1.36%)
🚬 CryptoPunks: 43.49 ETH (▼ 1.38%)
🍭 Mocaverse: 1.86 ETH (▼ 1.43%)
🏴☠ Captainz: 0.63 ETH (▼ 1.89%)
🐧 Pudgy Penguins: 11.35 ETH (▼ 2.92%)
🐵 NodeMonkes: 0.04 BTC (▼ 4.54%)
👾 Tensorians: 3.20 SOL (▼ 6.53%)
Notes:
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