## Crypto Market Overview
The **general crypto market** has continued its **downtrend** on Monday, even with **Fed Chair Jerome Powell** hinting at potential **interest rate cuts** later this year.

## Ethereum's Current Position
**Ethereum (ETH)** has dropped **2%**, struggling around the **$2,595** key support level. This decline comes amid a selling spree by the **ETH Foundation**. Interestingly, the recent price movements do not reflect the **rising inflows** into U.S. spot Ethereum **ETFs**.

![Ethereum Price Chart](https://editorial.fxstreet.com/miscelaneous/ETHUSDT_2024-09-30_17-29-55-638633124203487849-638633419277790097.png)

## Meme Coins Defying the Trend
In a surprising twist, **Solana meme coins** such as **dogwifhat (WIF)** and **BONK** have emerged as top gainers in the **top 100 cryptocurrencies**, defying the broader market decline over the past **24 hours**.

![Meme Coins Performance](https://editorial.fxstreet.com/miscelaneous/WIFUSDT_2024-09-30_21-11-25-638633266864231545-638633419350333459.png)

The general crypto market continued on a downtrend on Monday despite Fed Chair Jerome Powell hinting at the possibility of further interest rate cuts later in the year. 

Why Bitcoin and Ethereum Are Struggling Despite Rate Cut Hints: Market Insights for October 2023

On **April 23**, the total cryptocurrency market cap jumped by **1%**, briefly surpassing the **$3 trillion** mark for the first time this month. **Bitcoin** played a major role in this surge, climbing **4%** toward the **$94,000** line in the early hours, marking its third consecutive day of setting new highs since the rally began on **April 21**.

![Bitcoin Surge](https://blockchainwire.s3.amazonaws.com/563293417b3d34c6be95c9e3b9cf04ce/editor_image/1745679353364.png)

However, the excitement was short-lived. By **April 24**, Bitcoin slipped below the **$94K** threshold, trading at **$92,956.37**, reflecting a **-0.69%** dip over the past 24 hours. Despite this small pullback, the overall sentiment is shifting: panic selling is fading, and more investors are holding long-term. This recent run-up has triggered a wave of **FOMO** (Fear of Missing Out), with many rushing to catch the momentum.

As the rally cooled, trading activity fell over **34%** compared to the previous day, indicating hesitation in the market. Investors are now looking for smarter, more stable ways to grow their Bitcoin holdings without stressing over price swings.

This is where **cloud mining** becomes a game-changer. Platforms like **Zaminer** are gaining traction, offering an easy path to earn BTC passively. As user sign-ups increase and traditional trading buzz fades, many are turning to **Zaminer**, a free cloud mining service, as a low-pressure alternative that delivers serious earning potential.

### About Zaminer
**Zaminer** was established in **2020** and is headquartered in the UK. As a leader in the cloud mining space, Zaminer combines cutting-edge technology with a commitment to sustainability, using clean energy for operations to ensure that mining is profitable and environmentally responsible.

### Why Zaminer is the Smart Way to Mine Bitcoin?
- **Beginner-Friendly:** Easy-to-use dashboard and live support make mining stress-free, even for newcomers.
- **Zero Hidden Fees:** 100% transparency with a no-management-fee policy; what you earn is what you keep.
- **Profitable Referral System:** Earn **7%** from direct referrals, plus **3%** and **1%** from second and third-level invites.
- **Top-Tier Security:** Your funds are protected with offline cold storage, Cloudflare® defense, and McAfee®-certified security.
- **Multi-Crypto Support:** Mine popular coins like **BTC**, **ETH**, **DOGE**, **BNB**, and more.
- **Powered by Advanced Tech:** High-performance ASIC miners and GPUs managed by blockchain experts ensure efficient mining.
- **Flexible Investment Plans:** Start from just **$100** or go up to **$50,000**, earning passive income daily.

### Start Earning with Zaminer: A Simple 4-Step Guide
1. **Sign up at Zaminer's site** and claim your **$100 bonus**.
2. Choose a mining plan that matches your investment goals.
3. Add funds using popular cryptos like **BTC**, **LTC**, or **ETH**.
4. Once funded, Zaminer takes care of the mining, allowing you to earn daily profits effortlessly.

### Final Analysis: Ride the 2025 Bitcoin Wave with Smart, Sustainable Mining
With Bitcoin projected to trade between **$94,151** and **$180,204** in **2025**, and an average expected price of **$131,263**, investors are eyeing a potential **93.24%** return on investment. Zaminer is positioned perfectly within this bullish momentum, operating through a network of over **100 advanced data centers** across Europe, North America, and Asia, ensuring unmatched mining efficiency powered by renewable energy sources. Joining **Zaminer** could be your smartest move to earn consistently while being part of a green, future-focused mining revolution.

Middlesex, UK , April  26, 2025  (GLOBE NEWSWIRE) --   On April 23, the total cryptocurrency market cap jumped by 1%, briefly surpassing the $3...

Bitcoin Surges Past $94K Briefly: Is Cloud Mining the Future of Earning BTC?

In brief

- **Bitcoin's quadrennial halving** occurred a year ago, reducing block rewards for miners by half.
- Traditionally, Bitcoin's price surges one year post-halving due to a decreased supply of new coins.
- Although Bitcoin reached a new high, the percentage growth is **the weakest on record** compared to previous cycles.

It's been one year since [Bitcoin](https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer) experienced its quadrennial [halving](https://decrypt.co/resources/what-is-the-bitcoin-halving), an event that typically propels its price upward. Despite Bitcoin achieving an all-time high post-halving in April 2024, the **percentage increase** has been underwhelming compared to historical trends.

According to data provider Kaiko, while Bitcoin's price has risen, **macroeconomic factors** have impacted its performance significantly. Kaiko noted that the current increases represent the **weakest post-halving performance** in terms of percentage growth.

As of recent data, Bitcoin was priced around $95,000, reflecting a **49% increase** since the halving. In contrast, previous cycles have seen gains in the **three to four-digit percentages** within the same timeframe.

Kaiko's Senior Analyst, Dessislava Aubert, stated that the unprecedented **high-interest rates** and current **economic uncertainties** have adversely affected Bitcoin's growth trajectory.

Bitcoin has historically thrived in low-interest environments alongside other risk-on assets. However, recent investor fears surrounding **trade wars** and economic instability have dampened expectations for significant price increases.

For context, Bitcoin's price before its first halving in 2012 was just **$12.35**, skyrocketing to **$964** a year later—a nearly **8,000% gain**. Following the 2016 halving, Bitcoin surged from **$663** to **$2,500**, marking a **277% increase**. The 2020 halving saw BTC rise from **$8,500** to an all-time high of **over $69,000**, a **762% rise**.

Currently, the last halving reduced miners' rewards from **6.25 BTC to 3.125 BTC**, yet Bitcoin's price is only about **50% higher** than it was a year ago, leaving many experts puzzled. They had anticipated that the halving and the approval of [spot Bitcoin ETFs](https://decrypt.co/resources/what-is-bitcoin-etf-explained-guide-learn-easy) would lead to a robust market performance.

Disappointment extends beyond retail investors; the mining sector is also feeling the strain. A lower Bitcoin price compels miners to **liquidate coins** more frequently to meet operational costs.

Despite the challenges, some industry leaders believe that miners should have anticipated a less vigorous rally this time around. **Shanon Squires**, Chief Mining Officer at Compass Mining, emphasized the importance of **optimizing operational expenses** and managing expectations realistically, stating that those who anticipated a **$1 million Bitcoin** were likely out of touch with the market realities.

Bitcoin has surged since last year's halving, but it's been a disappointment compared to the coin's previous post-halving cycles.

Why Bitcoin's Post-Halving Performance Is Disappointing: A Deep Dive

Amazon has made a significant move by investing **$41 million** into **Amazon Pay India**, as reported by the **Economic Times**. This investment reflects Amazon's commitment to expanding its footprint in the Indian digital payments space, which has seen tremendous growth in recent years.

### The Growing Digital Payment Landscape in India
The Indian digital payment market has been booming, driven by increased smartphone penetration and a growing preference for cashless transactions. **Amazon Pay**, which is part of Amazon's broader ecosystem, aims to capitalize on this trend by offering consumers a seamless payment experience.

### Implications of the Investment
This infusion of capital is expected to enhance **Amazon Pay's** capabilities and services, making it a more competitive player in the market against established rivals such as **Paytm** and **Google Pay**. With this investment, Amazon could potentially bolster its offerings, including better incentives for users and merchants, which may lead to increased adoption of its payment platform.

### Market Reaction
Investors are keenly watching how this investment will impact Amazon's overall strategy in India. As the company continues to innovate and expand its services, the implications for both consumers and competitors will be significant. This move not only strengthens Amazon's position but also underscores the growing importance of digital payments in the global economy.

Amazon invested $41 million into Amazon Pay India, the Economic Times reported, citing regulatory filing with the Registrar of Companies. 

Amazon's Bold $41 Million Investment in Amazon Pay India: What It Means for the Future

Traders are **diving into shares** of Cantor Equity Partners Inc., a blank-check company poised to become the latest publicly traded **Bitcoin investment vehicle**. The stock has skyrocketed by **220%** since its April 22 close, reflecting growing enthusiasm among investors. 

### Major Developments 
Cantor Equity Partners has agreed to merge with **Twenty One Capital Inc.**, a firm supported by major players like **Tether Holdings SA**, **Bitfinex**, and **SoftBank Group Corp.** As of Friday at 1:33 p.m., shares are trading at **$33.99** each. 

The proposed deal also includes a **convertible debt offering** post-merger, potentially resulting in a combined company with **370.7 million shares outstanding**. At the current share price, this would give Twenty One a **fully diluted market value of over $12 billion**, significantly exceeding the estimated **$4 billion** value of its Bitcoin holdings. 

### Investor Sentiment 
Investor interest in Cantor’s stock is indicative of a **strong demand** for proxy investments into Bitcoin, according to **Bill Papanastasiou**, an analyst at **Keefe, Bruyette & Woods**. He describes investing in such companies as akin to **betting on the fastest horse for Bitcoin exposure**. 

Public SPAC shareholders are expected to hold **2.7%** of the outstanding shares, with **Tether** expected to own **43%**, **Bitfinex** **16%**, **SoftBank** **24%**, and the Cantor affiliate **1.9%**. 

### Market Dynamics 
This surge in Cantor’s stock is part of a broader trend where publicly traded companies acquiring crypto assets are seeing their stock prices soar. For instance, **MicroStrategy Inc.** has gained significant attention for its massive Bitcoin holdings, valued at over **$50 billion**. Similarly, shares of **Upexi Inc.** have surged more than **600%** after announcing a substantial investment in **Solana tokens**. 

The collective enthusiasm for these investments highlights a **growing confidence** in the cryptocurrency market, particularly in companies that are engaging with digital assets.

Traders piled further into shares of a blank-check company that’s set to become the latest publicly traded Bitcoin investment vehicle, bidding its expected market capitalization to around three times the estimated value of the cryptocurrency it would hold.

Cantor SPAC Soars 220%: The Next Big Bitcoin Investment Opportunity

### Bitcoin Price Insights
Dublin, California, April 25, 2025 (GLOBE NEWSWIRE) – Recently, **Burak Kesmeci**, a renowned cryptocurrency analyst, shared an insightful **on-chain analysis** of the **Bitcoin (BTC)** market on the X platform. Kesmeci identified two crucial price levels that may determine Bitcoin's next move, based on the **cost basis of short-term investors**.

### Key Support Level
Data shows that the average cost basis of BTC holders for the past **1-3 months** has created a **recent support level**. This indicates that many recent buyers are still taking profits and may defend this level as a **psychological bottom line**.

![Bitcoin Market Analysis](https://blockchainwire.s3.amazonaws.com/e7c727dd28bce73a0db6482303944388/editor_image/1745561771253.jpeg)

### Cloud Mining Opportunities
In addition to market analysis, cloud mining has emerged as an attractive option for beginners seeking **stable income** with minimal investment. We will delve into **Blockchain Cloud Mining**, a leading brand in the cloud mining space, and explore methods to help you start earning.

#### Advantages of Blockchain Cloud Computing
- **Registration Bonus**: Register now and get a **$12** bonus.
- **Zero Threshold**: No need for professional knowledge or expensive mining machines; simply purchase a cloud computing contract and start mining immediately!
- **High Yield**: Benefit from high-quality mining farms globally, with a professional team optimizing your income.
- **Safe & Reliable**: Utilize bank-level encryption to ensure the security of your funds, with daily settlement of mining income.
- **Flexible & Convenient**: Support for various mainstream currencies (BTC, ETH, USDC, DOGE, etc.) with easy recharge and withdrawal options.

### How to Start Earning with Blockchain Cloud Computing
1. **Register an Account**: Sign up with an email and set a password to receive a **$12 registration bonus**. You can use this bonus to purchase a contract, earning a daily income of **$0.6**.
2. **Select a Cloud Mining Contract**: Choose from multiple contracts with fixed income options.

![Cloud Mining Contracts](https://blockchainwire.s3.amazonaws.com/e7c727dd28bce73a0db6482303944388/editor_image/1745561869504.jpeg)

#### High-Yield New Contracts
- **New User Experience Contract**: $100 investment for 2 days, potential total income: $106.
- **WhatsMiner M66S**: $500 investment for 7 days, potential total income: $540.25.
- **WhatsMiner M60**: $1,000 investment for 14 days, potential total income: $1,168.
- **Bitcoin Miner S21 XP Imm**: $5,000 investment for 32 days, potential total income: $7,048.
- **ALPH Miner AL1**: $10,000 investment for 45 days, potential total income: $16,075.

As blockchain technology evolves, the **BlockchainCloudMining** platform is gaining traction as a decentralized AI mining solution, merging real-time computing with secure data ownership. April 2025 marks not just another speculative cycle but a strategic choice to innovate amidst regulatory challenges.

For more information, visit the official website: [BlockchainCloudMining](https://www.globenewswire.com/Tracker?data=xhX7jJu7VwVb1Z3j569Zbl0Q9Dp-4MvUvbe6zZkvN3cefUzQRmsTjmaAsSEGgPUq5cid9f5ggYtVZQSsbgRI-Gv80mcC8r4QTP42bAMMMSxZquQ4chp2crZHyM7Z0-lZF57MHG20S6lOYgyd5cP_mw==). 

**Disclaimer**: The information in this release is not an investment solicitation. Cryptocurrency mining and staking carry risks, including potential loss of funds. It is advised to consult a financial professional before investing in crypto.

Dublin, California, April  25, 2025  (GLOBE NEWSWIRE) -- It is worth mentioning that Burak Kesmeci, a well-known cryptocurrency analyst, shared an...

Bitcoin's Surge: Key Price Levels and Insights from Top Analyst Burak Kesmeci

It has been approximately five months since my last [Seeking Alpha article](https://seekingalpha.com/article/4740585-gdlc-achievement-unlocked-again#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link) covering the **Grayscale Digital Large Cap Fund** (OTCQX:GDLC). This fund, which I've analyzed multiple times since 2022, has a significant **BTC-heavy allocation**.

### Current Holdings & Discount Rate

As of now, the fund has a **10% NAV discount** and a large portion of its capital allocated to Bitcoin, as shown below:

| Asset Allocation | Assets/Share | Weight |
|------------------|--------------|--------|
| Bitcoin (BTC-USD) | 0.00036456 | **80.60%** |
| Ethereum (ETH-USD) | 0.00221657 | 9.37% |
| XRP (XRP-USD) | 1.06819845 | 5.61% |
| Solana (SOL-USD) | 0.00939617 | 3.33% |
| Cardano (ADA-USD) | 0.66104994 | 1.09% |

*Source: Grayscale, as of 4/23/25*

This allocation to Bitcoin has contributed to the fund's **NAV rate discount compression** since the crypto winter of 2022. Currently, GDLC holds approximately **$670 million** in assets under management with **15.87 million shares outstanding**.

### Bitcoin Allocation & Altcoin Exposure

Historically, GDLC has maintained a high allocation to Bitcoin, reaching **80.60%** in April 2025, the largest since I began covering this fund. This increase is noteworthy amidst the performance of other cryptocurrencies. In the past, the fund's allocation to Bitcoin fluctuated, but it has remained heavily weighted towards BTC, potentially limiting the fund's ability to capitalize on an altcoin rally.

![ETF Analyst Expectations as of 2/10/25](https://static.seekingalpha.com/uploads/2025/4/17/50832021-1744908456046398_origin.png)

The current **10% exposure to alternative coins** is significant, particularly with the potential approval of **spot ETFs** for XRP and SOL. Should these approvals occur, GDLC could see a re-rating in its valuation.

![Bitcoin Dominance](https://static.seekingalpha.com/uploads/2025/4/24/50832021-1745523314252224.png)

In a market increasingly dominated by Bitcoin, GDLC faces challenges. The fund's **20% combined allocation** to ETH and other alts may not be the best way to play a potential reversal in BTC dominance. If Bitcoin starts losing market share to altcoins, GDLC's returns may lag behind more direct exposure to those assets.

### Closing Thoughts

While GDLC may serve as a decent option for passive investors looking for exposure in the crypto market, its high allocation to Bitcoin may not appeal to those specifically seeking altcoin investments. With various spot ETFs already available, investors may find better opportunities by piecing together individual altcoin portfolios. Therefore, I recommend GDLC as a **'hold'** and suggest that altcoin buyers explore other options for potentially higher returns.

Grayscale Digital Large Cap Fund ETF has 10% NAV discount and BTC-heavy allocation. See why GDLC it suits passive investors but may not favor altcoin rallies.

Why Bitcoin and Ethereum Are Struggling Despite Rate Cut Hints: Market Insights for October 2023

Summary:

Crypto market continues downtrend despite Fed's rate cut hints.

Ethereum struggles at $2,595 support after 2% drop.

Rising inflows into Ethereum ETFs not reflected in price movements.

Meme coins like dogwifhat and BONK show surprising gains amidst market decline.

Crypto Market Overview

Ethereum's Current Position

Meme Coins Defying the Trend

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Bitcoin Surges Past $94K Briefly: Is Cloud Mining the Future of Earning BTC?

Why Bitcoin's Post-Halving Performance Is Disappointing: A Deep Dive

Amazon's Bold $41 Million Investment in Amazon Pay India: What It Means for the Future

Cantor SPAC Soars 220%: The Next Big Bitcoin Investment Opportunity

Bitcoin's Surge: Key Price Levels and Insights from Top Analyst Burak Kesmeci

Unlocking the Secrets of GDLC ETF: Is 80% Bitcoin Allocation a Smart Move for Investors?

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Bitcoin Surges Past $94K Briefly: Is Cloud Mining the Future of Earning BTC?

Why Bitcoin's Post-Halving Performance Is Disappointing: A Deep Dive

Amazon's Bold $41 Million Investment in Amazon Pay India: What It Means for the Future

Cantor SPAC Soars 220%: The Next Big Bitcoin Investment Opportunity

Bitcoin's Surge: Key Price Levels and Insights from Top Analyst Burak Kesmeci

Unlocking the Secrets of GDLC ETF: Is 80% Bitcoin Allocation a Smart Move for Investors?