Artificial Intelligence is still in its early days and there are a lot of bugs to be worked out.

However, one area that I have found it tremendously useful is in the area of creating automated trading robots for trading platforms like MetaTrader 4.

So in this tutorial, I’ll show you how I’m using ChatGPT to create custom MT4 EAs. This process can be very fast and for simple EAs, you don’t even know how to code.

If you prefer the text version, it’s provided below the video.

Tutorial Video

How to Create an EA with ChatGPT

All of these steps should be done in a demo account. 

Never use an EA with real money until you’re absolutely sure that it’s working properly. 

Step 1: Have a Trading Strategy

You can get a trading strategy from almost anywhere…books, websites, YouTube or something you just made up.

Ideally, you should have a trading strategy that you’ve already backtested.

But if you just want to go through the process to see how it works, then just use the example code in the section below.

Step 2: Describe it to ChatGPT

Ask it to create an EA for MT4.

Then explain the rules as clearly as you can to ChatGPT. Write as if you were writing to a friend.

It will generate the code that you need for MT4.

Copy this code from ChatGPT

Step 3: Copy and Paste the Code into MT4

Then open the MetaQuotes Language Editor via the tool bar at the top.

Click the New button to create a new EA.

Select Expert Advisor, give it a name, then leave the rest of the settings blank. Keep hitting the Next button until you get to the end of the wizard.

That will give you a blank EA template.

Click anywhere in the code, then use Control + A to select all of the text. Then hit Backspace to delete all of the default code, then Control + V on your keyboard to paste in the ChatGPT code.

Click on the Compile button to generate the EA.

Step 4: Check for Errors

If there are any errors or warnings in the code, go back and ask ChatGPT to fix them.

It will generate new code.

Repeat step 3 above to start using the new code.

Step 5: Add the EA to a Chart and Start Testing

Once all the errors and warnings are gone, then you’re ready to start using the EA.

Go to the main MT4 screen and look for the EA in the Navigator window.

Click and drag your new EA onto the chart.

There should be the name of your EA in the upper right corner of the chart you added it to, next to a happy face.

If the face is sad, click on the AutoTrading button at the top to activate the EA. The happy face shows that the EA is activated.

Now test the EA to see if it’s working properly.

Test all of the regular features AND try to “break” the EA by doing things that it might not expect. This will show you how robust it is and will give you confidence in it.

If you have any issues, go back to ChatGPT and work on fixing them.

This may take several tries, but keep at it.

Example Code

If you want to give this a try, here’s the example code. Simply copy and paste this prompt into ChatGPT and it will generate the code for this EA.

Important: This is for educational purposes only and should NOT be used in live trading. It’s only provided to help you understand how to EA creation process works. There’s a very high probability that this strategy will lose money.

“Please create an Expert Advisor for MetaTrader 4 that executes these rules:

1. Indicators

2. Long Entry

   • Condition: Short SMA (2) > Long SMA (36)

   • AND price closes below the Short SMA

   • Action: Open a buy at the close of that bar

3. Long Exit

4. Short Entry

   • Condition: Short SMA (2) < Long SMA (36)

   • AND price closes above the Short SMA

   • Action: Open a sell at the close of that bar

5. Short Exit

6. Position Sizing & Settings

   • Fixed size: 0.1 lots per trade

   • No stop?loss, no take?profit, no trailing stops”

Words of Warning

Remember that this is just step 1 in the process of creating a fully or partially automated trading strategy.

If you backtested with AI, you really, really have to double check the results.

Even if you didn’t, you still have to check that the code is doing what you expected.

AI can hallucinate, so you have to be extra sure that the EA is doing what you expected before you risk real money.

Never trade the EA live until you’re absolutely sure that it’s working properly. 

Final Tips

I hope that this tutorial will help you create you own tools that improve your trading results.

At the time that this is being written, backtesting with AI is not mature yet.

However, creating EAs for MT4 is very usable, so I would highly recommend learning how to do it.

If you want an awesome example that you can start using right now, check out this EA tutorial.

Even if you never build an EA, you can also build very useful custom indicators that can help you spot trading opportunities and manage parts of your trades.

Have fun!

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Bitcoin climbed past $122,000 this week, marking its fourth straight month of gains. It even touched $123,000 Monday before dipping slightly.

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Prices like these put the crypto asset well beyond what many everyday earners can afford. According to the Social Security Administration, the average yearly salary in the US is $66,600. That means a single coin now costs nearly twice what a typical worker makes in a full year.

Bitcoin Prices Soar Past Records

Based on reports from top crypto channel Altcoin Daily, high‑net‑worth individuals are being urged to act fast. The platform tweeted that millionaires should consider buying at least 1 BTC now, while it’s still within reach.

This warning follows a popular post from El Salvadorian President Nayib Bukele, who pointed out that not all millionaires will be able to pick up a whole Bitcoin. With just 21 million BTC ever to exist and over 50 million millionaires worldwide, grabbing even 0.5 BTC would be out of reach if everyone tried.

If you’re already a millionaire you need to buy 1 whole Bitcoin before it gets to expensive for you.

— Altcoin Daily (@AltcoinDaily) July 13, 2025

Supply Crunch And Demand Rising

According to Bloomberg Terminal data, traders are already thinking in terms of “millions per coin.” That shift reflects growing expectations that Bitcoin will surge into seven‑figure territory.

United States President Donald Trump’s second son, Eric Trump, recently said that half a Bitcoin will be a huge amount of money soon and predicted the crypto could hit $1 million in the mid‑term. Those comments add to a chorus of bullish voices.

Millionaires Feel The Squeeze

Based on analysis from Binance co‑founder Changpeng Zhao, the $1 million mark isn’t far off. He told investors that it could happen in this bull cycle. Brandon Green of BTC Inc. agreed, forecasting a similar timeframe for liftoff. If those estimates hold, owning less than a coin may soon feel like holding pocket change.

Big Names Project Massive Gains

Ark Invest has put a $1.5 million base‑case target on Bitcoin by 2030, with a $2.4 million bull case riding on more institutional and nation‑state buying.

That study credits a supply squeeze and wider adoption as key drivers. Meanwhile, Michael Saylor, who chairs Strategy, has set his sights even higher. He raised his forecast to $13 million per coin by 2045, citing rapid regulatory clarity and fast‑tracking corporate investment.

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Bold Forecasts Paint A High Stakes Picture

Some of these price targets may sound lofty. Yet they reflect a simple math problem: shrinking supply meets growing demand. Fractional ownership allows small investors to chip in over time, but the sense of urgency is hard to ignore.

For now, Bitcoin’s rally is rewriting affordability rules, and the window for easy access may be closing.

Featured image from Meta, chart from TradingView

Bitcoin’s climb past $110,000 this week has reignited a fresh round of bullish calls. Prices hit $110,150 on July 3 and traded a little past $108,000 level at last check, showing a small 0.41% dip in 24 hours but a 1.20% rise over seven days.

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This steady move higher has drawn voices from social media, stirring debate on whether Bitcoin is truly underpriced or in danger of slipping back below key levels.

Undervalued At $110K

According to Altcoin Daily, Bitcoin at $110,000 is “undervalued,” with the analysts arguing there’s plenty of room to run. That bold claim has fans cheering, and some even dream of $1,000,000 down the road.

Bitcoin at $110k is undervalued! [screenshot this]

— Altcoin Daily (@AltcoinDaily) July 3, 2025

Other users have pushed back, asking what on‑chain data or metrics back up this view. They point out that until Bitcoin clears resistance at $110,500, a real breakout isn’t confirmed.

Based on reports from market trackers, global liquidity is on the rise. Market observers picked up on that, saying more cash floating around can push Bitcoin higher.

Rising liquidity often fuels big moves in risk assets. Still, traders keep an eye on futures funding rates and miner sell‑pressure, looking for clues if a pullback is brewing.

Global Liquidity just hit a new ATH.

Bitcoin will follow! pic.twitter.com/gH1Kl2D1Zw

— Crypto Rover (@rovercrc) July 3, 2025

Mixed Views Online

Some followers argue that inflation and new tariffs could dampen Bitcoin’s rally. Others note that central banks are still buying time before any rate hikes, which may give crypto another boost.

The back‑and‑forth on social media reads like a mini war room, with short comments and deep threads floating around. Plenty of voices, but few hard answers.

Past Bull Runs

Altcoin Daily wasn’t shy about past calls either. Just days earlier, they said that once Bitcoin tops $150,000, investors would wish they’d bought more at lower prices. That kind of hindsight talk can be stirring, but it doesn’t change the here‑and‑now charts or the macro calendar.

Exec Calls For Hedge

Based on remarks by Matt Hougan, Chief Investment Officer at Bitwise, now could be a good time to buy Bitcoin. Hougan pointed to Ray Dalio’s warnings about US debt, which has swelled past $7 trillion in annual spending against $5 trillion in revenue.

With each household on the hook for roughly $230,000, Dalio says holding Bitcoin can act as a hedge against future money‑print risks.

Related Reading

Price Action On Crosshair

Investors will be watching both price action and big‑picture events. A solid break above $110,500 might pull in more buyers. But if inflation surprises on the upside or tariffs hit harder, odds could shift quickly.

For now, Bitcoin’s story is still unfolding—and the next few days could tell us a lot about where it’s headed.

Featured image from Meta, chart from TradingView

CoinRoutes chief executive Dave Weisberger detonated a fresh round of anxiety in the XRP market on Monday when he asked, on Scott Melker’s podcast, whether Ripple Labs could finance a takeover of Circle “for $10 to $20 billion” without off-loading roughly $10 billion in XRP. “Who’s going to buy the $10 billion worth of XRP they would need to sell out of their treasury?” Weisberger said, warning that a sudden supply surge could overwhelm order books and “hammer the price.”

Is A XRP Sell-Off Conceivable?

Within hours, pro-XRP attorney Fred Rispoli fired back on X. “I love @daveweisberger1, but on this point he is mcgloning so hard,” he wrote, invoking Bloomberg strategist Mike McGlone’s reputation for bearish hyperbole. “Just based on what I’m getting offered for my Ripple shares on the secondary market, I don’t think Ripple would even have to sell one XRP to buy Circle.” Rispoli agreed that Ripple cannot raise $10 billion in pure cash, yet insisted the company could “easily afford the acquisition for a mix of cash and debt” and a heavy equity-swap.

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When Weisberger replied that Circle’s board would likely demand hard dollars unless it accepted Ripple equity or XRP “without a haircut,” Rispoli dug in. “No way to get $10B in cash—and $10B is too high anyway,” he wrote, citing late-2024 private-research valuations that placed Ripple at $15 billion excluding its ~36 billion escrowed XRP. If Circle’s price tag fell to $7–9 billion, he said, Ripple could close with “$1–3 billion cash on hand, a heavy stock exchange, and debt,” especially with “all that GCC money sloshing around crypto world right now.” Rispoli conceded it would be “a reach” but “doable without meaningfully selling XRP.”

Weisberger acknowledged the math—“That’s a reasonable analysis,” he wrote—yet cautioned that any price at the upper end of Rispoli’s range “could be some short-term pain for us XRP holders.”

Ripple’s tender-offer buyback in January 2024 valued the company at $11.3 billion, disclosing more than $1 billion in cash and about $25 billion in digital assets—mostly XRP—on its books. The firm still controls roughly 52 billion XRP (about 40 percent of supply), though 36 billion sit in timed escrow releases, limiting immediate access. At today’s $2.20 spot price, the spendable portion is worth a little under $35 billion, but moving even a fraction quickly would collide with thin venue depth—a point Weisberger hammered home.

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Ripple’s cash pile also shrank after its $1.25 billion purchase of prime broker Hidden Road in April, a deal settled with a blend of cash, equity and RLUSD stablecoins. That acquisition suggests the company prefers hybrid structures, bolstering Rispoli’s claim that Treasury XRP need not flood the market.

Is Circle Even For Sale?

The debate may be academic. Circle, issuer of USDC, has repeatedly declared it “not for sale” while marching toward a New York Stock Exchange listing that now targets a $7.2 billion valuation. Ripple’s rumored approach earlier this spring reportedly topped $5 billion, well below Weisberger’s stress case and within Rispoli’s “doable” band, but Circle rebuffed the talks and updated its S-1 two weeks later, enlarging the float rather than seeking a buyer.

Strategically, Ripple already fields its own dollar-token RLUSD, launched in January and positioned by president Monica Long as “complementary to XRP, not a competitor.” Absorbing USDC’s issuer would instantly rocket Ripple towards the size of Tether.

Even under Rispoli’s optimistic structure, Ripple might still need to liquidate several hundred million dollars’ worth of XRP for working capital and closing costs. At current volumes, unloading just 500 million XRP (≈ $1.1 billion) would equal half a week of global turnover—enough to distort price unless executed as private blocks.

At press time, XRP traded at $2.19.

Featured image created with DALL.E, chart from TradingView.com

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Less than a week after Pakistan unveiled a plan to channel 2,000 megawatts of surplus electricity into Bitcoin mines and artificial-intelligence data centres, the International Monetary Fund has asked Islamabad authorities for “urgent clarification” and scheduled a stand-alone virtual meeting with the Finance Ministry to discuss the power allocation.

The request lands in the middle of negotiations on Pakistan’s 2025/26 budget and only days after the country drew a second disbursement—SDR 760 million ($1.02 billion)—under its $7 billion Extended Fund Facility, bringing total IMF cash received this year to roughly $2 billion. The Fund has also approved a parallel $1.4 billion climate-resilience programme, deepening Islamabad’s reliance on multilateral finance at a moment when its external-debt maturities exceed $22 billion for the coming fiscal year, according to Fitch Ratings.

An official involved in the IMF talks admitted that the mining announcement has complicated the lender’s due-diligence. “There is a fear of further tough talks from the IMF on this initiative,” the official told Samaa. “The economic team is already facing stiff questions, and this move has only added to the complexities of the ongoing talks.”

Why Nation-State Bitcoin Mining In Pakistan Seems Unlikely

Daniel Batten, the New Zealand–based climate tech investor whose modelling on Bitcoin’s energy profile is widely cited in policy debates, argues that Pakistan now finds itself on the same collision course that derailed crypto ambitions in other debtor countries. “While I’m an optimist by nature and I really hope I’m wrong, I think Pakistan will struggle to follow through on its Bitcoin and Bitcoin-mining plans,” he wrote on X. “Short answer why: IMF.”

Expanding on that point, Batten listed what he calls the Fund’s “five-fold exposure”: Bitcoin can lower remittance costs, dilute seigniorage advantages, provide an alternative store of value for foreign-exchange reserves, reduce reliance on multilateral lending and create peer-to-peer rails that sidestep capital-controls architecture. “Bitcoin is a huge threat to IMF in five ways,” he said.

The analyst then turned to precedent. “IMF has already scuttled or pared back the ambitions of three out of three nations with Bitcoin adoption plans,” he noted, citing the Central African Republic’s stalled legal-tender implementation, Argentina’s agreement to anti-crypto conditions and the incremental revisions El Salvador made to its Bitcoin Law. “Highly likely we’ll see the same tactics with Pakistan. Given Pakistan’s economic vulnerabilities, it’s also likely IMF will be successful.”

According to Batten, the Fund’s first step will be a communications campaign emphasising “energy shortages,” “high electricity costs,” “unclear crypto regulations” and “AML concerns” as reasons for caution—arguments he dismisses as “made-up.” In his view, peer-reviewed research shows Bitcoin mining can strengthen grid reliability by monetising excess supply, while case studies such as Bhutan and El Salvador demonstrate the currency’s potential to foster economic self-reliance. “However, economic self-reliance reduces the customer-base for IMF as a lender, and is therefore not in its economic interests,” he wrote.

Batten adds that the leverage available to the Fund under its $7 billion Extended Fund Facility gives it ample room to translate warnings into programme conditions. He predicts the IMF will demand Financial Action Task Force-compliant rules, prohibit sovereign Bitcoin accumulation and tie future disbursements to policy reversals, “exploiting Pakistan’s dependence on funding to maintain reserves and meet existing IMF loan obligations.”

That dependence is stark. Batten points out that Pakistan faces $12.7 billion in debt repayments in fiscal 2025. Without IMF support, foreign-exchange reserves could slip below $4 billion—less than a month of imports—echoing the January 2023 balance-of-payments crisis, when reserves fell to $2.92 billion and the rupee’s slide accelerated from PKR 100 to 330 per dollar between 2017 and today. “This could trigger default on other obligations, given Pakistan’s history of FATF grey-listing and reliance on multilateral funding,” he warns.

The stakes, Batten argues, extend beyond Pakistan. “It means the gloves are off: IMF is terrified of Bitcoin breaking up its debt hegemony party, and will continue to stand in the way of Bitcoin adoption at a nation-state level,” he wrote. Should Islamabad retreat under pressure, the Fund would register what Batten calls a “4/4 track record” of blocking Bitcoin initiatives in debtor nations—evidence, he says, of a broader strategy to “oppose Bitcoin adoption from its indebted customers.”

His conclusion is blunt: “If you have a disruptive technology, don’t expect the ‘disrupted’ to stand idly by. They will use every technique at their disposal to preserve the monopoly they’ve enjoyed.” For governments intent on pursuing Bitcoin, Batten sees only two viable paths: “Be like Bhutan or the US, who don’t need the IMF, or have a backup lending plan in place so the IMF can’t pressure you into rolling back your policies and plans.”

At press time, BTC traded at $105,335.

Featured image created with DALL.E, chart from TradingView.com

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In the latest episode of The Bitcoin Layer, host Nik Bhatia invited on-chain analyst James Check—better known as “Checkmate”—to dissect the forces that have carried bitcoin past six figures and to explain why he believes the market still points toward a move to roughly $150,000.

From the outset, Check framed his analysis in sweeping macroeconomic terms. Since the 2008 financial crisis, he said, dollar strength has been “a big up-trend” that rewarded foreign investors who benchmark in other currencies, buy dollars, and place those dollars into US equities. But that era, he argued, is giving way to a “sound-money dominance regime”:

“My favorite chart is the S&P 500 priced in gold. You get about ten years where equities trounce gold, then ten years where gold trounces equities. Since 2022 that chart flipped in gold’s favor, and for the first time in history we have a mature, trillion-dollar bitcoin sitting right alongside it. We’re watching the rules shift, and it’s not going to happen overnight—it’ll take a decade, maybe longer, to fully play out.”

Why $150,000 Is Next For Bitcoin

The conversation quickly moved from macro currents to market structure. After the spring sell-off that drove prices from the mid-$90,000s to the mid-$70,000s—an “air pocket” where little historical supply had transacted—bitcoin clawed back the dense supply cluster around $95,000 with surprising ease.

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“People were willing to just sit tight and allow the market to find its level. They’d bought at $100,000, watched it fall to $75,000, bought some more, and now they’re up on the whole stack. That kind of behavior is a real boost of confidence.”

Shortly after that consolidation, the market printed a local high near $105,000. For veteran participants, the psychological shift was palpable. “$100,000 was the target for the last decade,” Check said. “Now it’s the floor. Bitcoin has proved it belongs at a trillion-dollar market cap, flipped silver, and feels perfectly natural sitting among the five largest monetary assets on earth.”

Check’s quantitative framework hinges on the market-value-to-realized-value (MVRV) ratio, which benchmarks price against the aggregated on-chain cost basis. Translating historical MVRV extremes into forward levels puts the present cycle’s statistical ceiling near $166,000: “If price goes to $166,000, my objective analyst self has to say, ‘We’re two standard deviations above the mean, and we’ve only stayed higher than this five percent of the time.’”

That band—roughly $150,000 to $160,000—marks the altitude where he expects the first serious wave of profit-taking. Yet the level remains plausible precisely because it is rooted in realized behavior, not in the supply-halving calendar: “There’s a reason MVRV only gets so high. When people look at their portfolio and see a house sitting there in green numbers, a chunk of them will hit the sell button. You don’t need everyone to sell—just enough to overwhelm new demand.”

Derivatives, “Time Pain” And The Halving

A maturing derivatives market is central to Check’s thesis. He expects perpetual-swap funding rates to breach 20 percent annualized on a rapid run toward $150,000, inviting basis traders to short futures and collect the premium. Options desks, meanwhile, can harvest fat volatility premia by selling calls.

“Big asset managers must hedge. If they can’t lay off a billion-dollar position in options they won’t take the position in the first place. Derivatives aren’t papering over demand—they’re the plumbing that lets real capital scale into the asset.”

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Those instruments also reshape corrections. Where 2017 pullbacks were 40% plunges that reversed in days, today’s market prefers shallower, longer consolidations—episodes that impose what Check calls time pain. “Depth pain is easy to see—your coins are 30% underwater. Time pain is harder. Three months of chop at the same level will wear investors out, and boredom is a powerful seller.”

Perhaps one of the most striking element of the interview was Check’s deliberate break from the four-year, halving-centric cycle model. After studying the August–September 2023 pullback, the mid-2024 range, and the latest sell-off, he concluded that the short-term-holder cost basis now functions less as a binary floor or ceiling and more as a mean-reversion anchor.

“People are now using bitcoin to respond to the world rather than us responding to bitcoin. Macro sentiment—not scheduled supply shocks—is steering the big flows.”

Treasury Adoption And The Confidence Machine

When tracking corporate treasuries, ETFs, and other large holders, Check zooms out to a 30-day change in realized cap—the cleanest view of net dollar inflows. Even March-April ETF outflows, he noted, were nearly matched by falling CME open interest, implying “mechanical cash-and-carry unwinds rather than lost conviction.”

Closing the conversation, he returned to first principles: “Markets are a big confidence machine. The dollar cycle, the gold-equity rotation, the cost of hedging—all of that feeds straight into bitcoin order books, option smiles, and on-chain ledgers. The only real question is: what’s the fair macro premium for digital sound money?”
For James Check, the chart already sketches an answer: somewhere around $150,000, the confidence machine will stage its next major test.

At press time, BTC traded at $102,573.

Featured image created with DALL.E, chart from TradingView.com

Arthur Hayes, the co-founder of BitMEX and principal of Maelstrom Capital, contends that the US Treasury—rather than the Federal Reserve—is the true engine of the current bull market in risk assets, Bitcoin foremost among them. Speaking in a live-streamed one-on-one interview Wednesday evening, Hayes argued that traders should “ignore Powell” and instead parse every word and data table that comes out of the Treasury’s quarterly refunding announcement.

“Powell hasn’t really mattered for many years,” Hayes insisted, dismissing the Fed chair’s decision to leave the federal-funds rate at 4.25 % to 4.50 % for a third consecutive meeting. “The real show is at the Treasury Department. […] Listen to Bessent. Ignore Powell. He’s irrelevant.”

Hayes’s thesis rests on a liquidity dynamic that first surfaced in the third quarter of 2022. Then-Treasury Secretary Janet Yellen, he said, spotted “two-and-a-half trillion dollars of excess money sitting in the Fed’s reverse repo facility” and shifted issuance toward short-dated Treasury bills. That maneuver, by Hayes’s calculation, siphoned dormant cash out of the Fed and “injected it into the global money markets,” seeding a broad rally that lifted equities, bonds, gold and—most forcefully—crypto. “Powell didn’t matter in 2022 under a Democratic regime,” he said. “He doesn’t matter today under the Republican regime.”

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Treasury Secretary Scott Bessent’s newly minted authority to conduct buybacks is, in Hayes’s view, the next accelerant. Buybacks would allow the Treasury to recycle on-the-run securities and absorb supply shocks without forcing the Fed to expand its balance sheet overtly. “Bessent has tools,” Hayes noted, citing an April 11–12 Bloomberg appearance. “Powell will sit back and say ‘I’m going to look at data,’ but he’s a sideshow.”

Bitcoin’s Macro Logic

Hayes reduces the trading implications to a single variable: the quantity of fiat dollars in circulation. “If there is a bigger quantity of fiat dollars in the world than there were yesterday, Bitcoin and crypto will do well,” he said. Price-stability debates, exchange-rate gyrations and even the trajectory of the US Dollar Index (DXY) are secondary. “Bitcoin doesn’t care. All we care about is: Is there more dollars in the system today than yesterday?”
That framework underpins his long-running forecast that Bitcoin can reach $1 million before 2028. The target is deliberately round—“We’re humans, we’re dumb, let’s just pick a round number that’s big”—yet Hayes grounds it in compounding fiscal pressures.

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Interest on the US national debt was the fastest-growing line item in the most recent Treasury Borrowing Advisory Committee presentation; Social Security, Medicare and defense costs, he argued, will only push borrowing needs higher. “There’s just no way the US government is going to stop spending money,” he said, adding that he expects “an acceleration of money printing and fiscal debasement” once Powell’s term expires in May 2026.

Asked how he is allocating capital, Hayes said about 60%–65% of his liquid portfolio is in Bitcoin, 20% in Ether, with the remainder in a handful of what he called “quality shitcoins.” He highlighted three projects—Pendle, EtherFi and Ethena—as examples of what he calls “fundamental season,” protocols that generate real revenue and share it with token-holders.

The timing of a broader rotation into altcoins, he added, will depend on Bitcoin dominance. “I think we need to get above 70% before we start seeing a rotation back into alts,” a threshold he tentatively places in the $110,000–$150,000 BTC price range.

Hayes was skeptical that the US–China tariff confrontation will meaningfully shrink the bilateral trade gap. Both sides, he said, need a “face-saving announcement” for domestic audiences, but the United States will continue importing Chinese goods, whether directly or through third-countries. Over time, he expects Washington to rely less on tariffs and more on capital-account measures—such as user fees on Treasuries held by foreigners—to re-engineer trade flows without asking US consumers to “buy less stuff.”

A weaker dollar, in his model, is a by-product of those adjustments, not a centrally planned objective. “If foreigners sell less things in dollars and those dollars are not invested in the financial markets, the dollar will go down in value,” he said. That, again, feeds the Bitcoin bid.

At press time, BTC traded at $98,827.

Featured image created with DALL.E, chart from TradingView.com

• Fartcoin led April’s meme coin rally with a 145% price jump, but experts caution that the sector remains fragile and heavily dependent on Bitcoin’s performance.
• Sui stood out among L1s with a 56% gain, supported by strong DeFi metrics and stablecoin integration, though token unlocks could bring near-term volatility.
• AI tokens continued to gain traction, with Bittensor and Virtual Protocol among April’s top performers, but analysts warn that sustained growth will depend on real-world adoption.

The last days of April gave traders reason to be hopeful. Bitcoin (BTC) climbed back above $90,000, helping lift sentiment across the broader crypto market. As BTC rebounded, altcoins followed.

Among the top 100 tokens by market capitalization, Fartcoin (FARTCOIN) led the monthly gains with a 145% increase in April. Another meme coin, Bonk (BONK), also made the top three with an 80% rise. The renewed interest in such high-risk assets may signal that traders are again willing to take on more exposure after steep losses in March and April.

The Artificial Intelligence (AI) sector also saw strong momentum. Three AI-related tokens, Virtuals Protocol (VIRTUAL), Bittensor (TAO), and Artificial Superintelligence Alliance (FET), all landed in the top 10 monthly performers.

Sui (SUI), a Layer 1 blockchain token, also stood out with a 56% gain. For this April altcoin recap, Cryptonews spoke with experts about what might shape the market in May.

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changeCurrentTitle();

document.addEventListener(‘scroll’, throttle(changeCurrentTitle, 50));
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const collapseToggle = (status) => (e) => {
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icon.classList.toggle(“up”);

const containerHeight = pageLegend.getBoundingClientRect().height;

const showSubtitleContent = () => {
const currentId = document.getElementById(‘toc-current-title’).getAttribute(‘data-current-id’);
const currentLevel = document.getElementById(‘toc-current-title’).getAttribute(‘data-current-level’);
const currentSubTitle = currentLevel == 3 ? document.querySelector(`a[data-id=”${currentId}”]`).parentNode.parentNode.parentNode : false;

if (!currentSubTitle) return;
new bootstrap.Collapse(currentSubTitle, {toggle: false}).show();
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showSubtitleContent();
console.log(status + ‘fdsfsd’ + containerHeight);
if (status === ‘shown’ && document.querySelector(“.toc-sticky”).classList.contains(‘sticky’)) {
document.querySelector(‘html’).classList.remove(‘overflow-hidden’);
pageLegend.classList.add(‘overflow-auto’);
pageLegend.style.height = `calc(100vh – ${header.getBoundingClientRect().height + document.querySelector(‘.toc-sticky__open’).getBoundingClientRect().height + 16}px)`;
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pageLegend.addEventListener(‘shown.bs.collapse’, collapseToggle(‘shown’));
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const id = this.getAttribute(‘id’);
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icon.classList.toggle(“up”);

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* Sticky functionality
* Source: https://stackoverflow.com/questions/17893771/javascript-sticky-div-after-scroll
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const docBody =
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const hasOffset = window.pageYOffset !== undefined;

const applySticky = function () {
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const scrollTop = hasOffset ? window.pageYOffset : docBody.scrollTop;

// if user scrolls to headerHeight from the top of the target div
if (scrollTop >= stop) {
pageLegendCollapse.hide();
// stick the div
target.classList.add(“sticky”);
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target.style.marginTop = “”;
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applySticky();

window.addEventListener(‘scroll’, applySticky);
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jQuery(‘span.show_moretoc’).click(function () {
jQuery(‘span.show_moretoc’).hide();
jQuery(‘.ms_hidetoc’).show();
});
});

Meme Coins Back in Play? FARTCOIN Leads with 145% Jump

April brought a wave of excitement to the meme coin market. Fartcoin surged by 145% and quickly became one of the most talked-about tokens of the month. But while some traders see this as a sign of revival, experts say it’s still too early to call it a full comeback.

Matas Čepulis, Founder & CEO of LuvKaizen, told Cryptonews that the sector is showing signs of life, but overall, “it is far from recovery still.” While a few projects like FARTCOIN are gaining traction, many popular tokens, including Pepe (PEPE), remain well below their all-time highs.

Čepulis attributes FARTCOIN’s breakout performance to its fast-growing social media presence and strategic execution:

Fartcoin got insane traction and flooded social media instantly while creating FOMO. The team played very well on the execution, market making, listings — and got instant traction.

However, the expert notes that most other meme coins failed to show any meaningful recovery in April:

Unfortunately, Murad’s tokens like SPX6900, Retardio, Sigma and others are still down hard with zero to no positive recovery in the last month.

The overall picture remains complicated by Bitcoin’s dominance. According to Čepulis, when BTC is climbing, altcoins often struggle to keep up, and when it drops, they tend to fall even harder. “Memes are the ones who get the biggest red candle,” Čepulis said.

‘Indicators Suggest Sui Is on the Verge of Inflection Point’

Among Layer-1 protocols, Sui emerged as an unexpected leader in April. It outperformed both Solana (SOL) and Ethereum (ETH) in price gains, despite lingering market volatility. However, some experts caution against premature optimism.

Jason Tucker-Feltham, CEO of the Stablepor platform, told Cryptonews that Sui’s recent rally may be partly due to timing, and not just fundamentals. The broader market hasn’t seen a strong altcoin season yet, and global economic uncertainty continues to weigh on sentiment:

The market has still yet to see a convincing altcoin season, and with unstable macro trends, we could continue to see volatility across the entire crypto market.

Still, Tucker-Feltham sees positive signals in Sui’s development strategy. He believes stablecoins will be a key theme for 2025 and sees their integration on Sui as a growth catalyst:

Integration of Circle’s USDC on Sui sets the stage for real-world payments. Stablecoins on Sui, coupled with the cross-chain capabilities enabled by Sui Bridge, could see it take a more meaningful bite out of the global stablecoin opportunity.

Kelghe D’Cruz, CEO of Pairs, points to encouraging on-chain data:

Key indicators would suggest that Sui is on the verge of an inflection point. Transaction counts and wallet growth signal rising user engagement, while increasing DeFi TVL translates into more assets, more trades, and more demand.

He also highlights the importance of strategic partnerships that help strengthen the broader Sui ecosystem. But despite these positives, D’Cruz warns of several risks that could slow down momentum:

Still, it’s not all smooth sailing. The Move language, while innovative, carries security risks due to its relative newness. Regulatory pressure on DeFi’s yield mechanics could also slow momentum. And liquidity fragmentation across chains might dilute capital efficiency.

What Are the Price Predictions for AI Tokens After Their April Boom?

April was a strong month for the AI token sector. Three artificial intelligence–linked projects landed in the top 10 gainers across the crypto market. Virtuals Protocol led the surge with a 137.07% gain. TAO followed with nearly 64%, helping lift the entire segment. Given that TAO remains the largest AI-focused token by market cap, its growth likely played a key role in driving the sector forward.

In a conversation with Cryptonews, Abbas Abdul Sater, Head of Sales at Capital.com, pointed to TAO’s limited supply as a major factor behind its appeal:

There’s only 21 million TAO tokens in total. That kind of hard cap naturally creates scarcity — and in crypto, scarcity can be a powerful driver of price.

He noted that TAO currently holds a market cap of around $3 billion, with a fully diluted valuation of $6.8 billion. A sharp uptick in trading volume suggests growing investor interest, but Abdul Sater also urged caution:

It’s not yet clear if this is just a hype-driven rally or something more fundamental. We’re watching closely to see if this momentum holds.

Abdul Sater added that TAO’s recent growth may have been supported by the launch of a new system known as the SN44 Score. This tool expands TAO’s utility by introducing real-world video data integration, and something investors are starting to notice:

Integrating real-world video data is a big step. It’s opened up a new use case for TAO, and investors are paying attention.

While the tech is still in its early stages, Abdul Sater says many players are already “taking positions in advance,” betting on long-term potential. Still, the sustainability of the trend will depend on how real-world adoption unfolds. If demand for applied AI use cases continues, TAO could strengthen its lead in the sector.

Other AI tokens, outside of VIRTUAL TAO and FET, also posted gains in April. Meanwhile, among the top AI tokens by market cap, only Internet Computer and Story posted negative returns. NEAR Protocol (NEAR), which has positioned itself as AI-compatible, ended April with a modest 0.65% increase.

What to Expect in May

May has started with signs of cooling after a turbulent April. The meme coin market still attracts attention, particularly following the surge in Fartcoin. However, the lack of strong fundamentals and continued reliance on Bitcoin may limit further upside.

In the Layer-1 sector, Sui continues to stand out thanks to improving DeFi metrics and an expanding stablecoin ecosystem. The risk of a sell-off following its May 1 token unlock remains a concern.

AI tokens are also holding the spotlight. Sustained demand for TAO and technical updates like the SN44 Score could support the current uptrend. Still, much will depend on whether short-term hype turns into lasting momentum.

The post May 2025 Altcoin Outlook: SUI, Meme Coins, and AI Tokens Expert Predictions appeared first on Cryptonews.

Bitcoin has risen dramatically over the last 10 years against gold, with a rise of an incredible 13,693%, according to the financial statistics shared by crypto entrepreneur Ted.

The figures demonstrate the alarming divergence between the two assets from April 2015 and April 2025. In particular, this striking ascent of Bitcoin has caught the eye of investors spread around the globe.

Related Reading

Bitcoin Vs. Gold: From Equal Footing To Massive Gap

Ten years ago, gold and Bitcoin were at similar prices. In April 2015, Bitcoin moved between $200 and $250, whereas gold was ranging around $1,200 to $1,300 per ounce.

The fortunes of these investments have since become totally different. Bitcoin has soared to about $84,000 per coin, up some 33,500% in the ten-year period. The cryptocurrency briefly peaked at nearly $109,000 during the timeframe.

If someone tries to tell you gold is better than Bitcoin…

Just show them this:

In 2015, 1 BTC = 1 ounce of gold.

Today? That same Bitcoin is up 13,693% in 10 years.

Let the numbers speak. pic.twitter.com/8JipH5IsNr

— Ted (@TedPillows) April 17, 2025

Gold, on the other hand, has preserved its image of reliability over volatility, rather than offering spectacular gains. The precious metal increased by only 156% over the same period. From the market onlookers, gold’s worth proposition is still anchored on its consistent, inflation-proof behavior spanning very long timescales.

Historical Context Demonstrates Divergent Patterns Of Growth

Going back even farther shows an even greater disparity in the growth rates. According to a market analyst on social media platform X, the price of gold was only $20.67 per ounce in 1933. As for 2025, the price has gone up somewhat to around $3,330 an ounce, which is indeed a steep rise but a gradual increase over a period of almost a century.

Ted's analysis on X.

Bitcoin has had a completely different history. From a price of $1 in 2011, it came up to $84,000 by 2025. With such rapid appreciation rates, both excitement and skepticism have been brought forth by financial analysts debating the worthiness of such growths.

Sheer Disparity In Size

According to analyst Belle, a stark contrast in the behavior is due to the sheer difference in the size of their market. Gold has roughly a market capitalization of a little over $22 trillion. Due to this great size, gold provides an element of stability, rendering the market less sensitive to individual transactions or flows of short-term investments.

GOLD added $1 trillion to its market cap in one day.
That’s nearly the entire value of #Bitcoin right now.

This shows how massive traditional markets are & how early we still are with Bitcoin.
Even a small shift into $BTC could send it flying. pic.twitter.com/YsjSgOZKjx

— Belle (@Bitt_Belle) April 17, 2025

Bitcoin’s market capitalization is at approximately $1.667 trillion—large but still only a fraction of gold’s. This reduced size makes Bitcoin more sensitive to capital flows. Gold recently saw an impressive $1 trillion rise in market capitalization over one day, but this was a much smaller percentage move than the same dollar flow would trigger in Bitcoin’s value.

Related Reading

Same Dollar Flow, Different Price Impact

Meanwhile, the math in terms of market capitalization generates intriguing price movement scenarios. Based on calculations reported, if Bitcoin were to get a $1 trillion boost in market capitalization—comparable to the recent one-day increase in gold—its price per unit might rise from $84,000 to $135,000.

Featured image from The Ledn Blog, chart from TradingView