Bitcoin Poised for Bullish Reversal as Perpetual-Spot Gap Narrows: Analysts
On-chain data suggests Bitcoin may be gearing up for a rally as key market indicators show signs of a trend reversal. The narrowing gap between futures and spot prices, coupled with shifting market dynamics, points to potential upside for the cryptocurrency despite recent ETF outflows.
Bitcoin May Soon Rally as Perpetual-Spot Gap Narrows
On-chain data from CryptoQuant suggests that Bitcoin could be on the verge of a bullish trend reversal. CryptoQuant contributor Joao Wedson noted that the gap between Bitcoin’s futures price and its spot price on Binance is starting to shrink, which may indicate that selling pressure is easing. In the past, Bitcoin’s price often experienced a significant increase when this gap turned positive.
Bitcoin ETF Outflows Surge Amid US-China Trade War Concerns
Outflows from spot Bitcoin ETFs in the U.S. surged over 300% last week, totaling $713.3 million, as investor sentiment was impacted by escalating trade tensions between the U.S. and China. The biggest outflow day was Tuesday with $326.27 million leaving, while Friday ended the week with just over $1 million in outflows. BlackRock’s IBIT saw the largest outflow at $342.6 million, followed by Grayscale’s GBTC with $160.9 million and Fidelity’s FBTC with $74.6 million.
Cardano CEO Criticizes Integration with Wall Street, Highlights Bitcoin’s Original Vision
Frederik Gregaard, CEO of the Cardano Foundation, spoke at the Paris Blockchain Week on 10 April 2025, criticizing the integration of crypto with Wall Street. He stated, “Wall Street is creeping in on us again... We’re not really letting go of it. And I think that’s a really big shame.” Gregaard emphasized that Bitcoin was intended for the average person to gain economic opportunities and participate in a world they were previously blocked out of. Additionally, he mentioned that the Cardano Foundation is putting its P&L and balance sheet on the blockchain, with plans to also put all accounting and finance information on-chain.
Financial Crash Alert: Kiyosaki Blames US Tariffs, Says Bitcoin Is Your Hope!
Renowned investor & the author of the Rich Dad Poor Dad, Robert Kiyosaki, has warned that the world will now face the biggest financial crash in history, with the US dollar losing its strength. This warning comes as Donald Trump’s new tariff rules are creating more problems around the world. Despite this turmoil, Kiyosaki says it’s not too late to act—but only if people act fast and turn to gold, silver, and Bitcoin. According to Kiyosaki, the crash he predicted in his past books is now becoming a reality. He points out that the value of stocks, bonds, mutual funds, and ETFs is quickly dropping, causing many people to lose their savings. Kiyosaki specifically mentioned Bitcoin as a potential SAFE haven asset in this financial turmoil.
Metaplanet Adds 319 BTC to Holdings, Total Nears 5000 Bitcoin
Metaplanet, a Japanese Bitcoin treasury company, has announced the purchase of 319 BTC for approximately ¥3.78 billion (or $26.3 million), bringing its total holdings to 4,525 BTC worth roughly $386.3 million. The company has achieved a BTC Yield of 108.3% year-to-date in 2025. The metric, which measures the growth of Bitcoin holdings relative to its fully diluted share count, surged 309.8% in Q4 2024 and 95.6% in Q1 2025. The latest acquisition was made at an average price of ¥11.85 million (~$82,549) per Bitcoin. Metaplanet CEO Simon Gerovich disclosed this in an April 14 X post.
