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Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins

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A former research analyst at crypto intelligence firm Messari believes that the digital asset market will soar higher for longer.

Ryan Watkins, a co-founder at digital asset investment firm Syncracy Capital, says on the social media platform X that he believes crypto patterns such as the four-year cycle and altcoin season are becoming a thing of the past.

According to Watkins, the digital asset market has changed with the emergence of crypto-based exchange-traded funds (ETFs), projects proving their market fit and use case and an upcoming US administration that supports the industry.

“Think most people would be better off deleting the words ‘cycle’ and ‘alt season’ from their vocabulary.

Although crypto will continue to ebb and flow, it is a fundamentally different game now, with shifting market structure, maturing projects, and a new regulatory paradigm.

There will continue to be easier periods than others, and speculative booms at sector levels throughout, but oversimplified models from the past are becoming less relevant by the day.”

Watkins believes the changes will lead to an extended crypto bull market that tests investors’ patience.

“Before the next extended bear market, higher than many expect, but takes longer to get there than most expect.

Current Twitter sentiment is overly dramatic.” 

He also thinks that the explosion in the number of coins trading in the market is a net positive for the industry. According to Watkins, the condition will force market participants to be judicious in their investments in order to make gains.

“Dispersion is good. As the asset class matures, it will be harder to make ridiculous multiples buying ridiculous assets, that in many cases only made money because it was all so early. Active management will be paramount as dispersion continues and the opportunity shifts beyond BTC.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Fartcoin ‘Hot Air Rises’ — $1.50 Just A Whiff Away

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!

So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.



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Helium (HNT) Jumps After SEC Dismisses Lawsuit Against Team Behind the Decentralized Wireless Network

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A Solana (SOL)-based decentralized wireless network crypto project is skyrocketing after the U.S. Securities and Exchange Commission (SEC) dismissed its lawsuit against the protocol.

In a new thread on the social media platform X, the development team behind Helium (HNT) says that the regulatory agency has dropped its lawsuit against the crypto platform, which alleged that they violated securities laws.

According to a press release, Helium developer Nova Labs agreed to pay the SEC $200,000 to settle the accusation without admitting to any wrongdoing.

News of the dismissal caused HNT to rally as it went from a low of $2.62 on April 10th to a peak of $3.03 just a day later. It has since retraced and is trading for $2.96, a 9.9% increase during the last 24 hours.

The SEC, which originally filed the lawsuit in January, had accused Nova Labs of distributing unregistered securities.

“The SEC has agreed to dismiss its unregistered securities claims with prejudice. Helium Hotspots and the distribution of HNT, MOBILE, and IOT through the Helium Network are not securities. It also means that the SEC cannot bring these charges against Helium again.”

In a recent blog post, Helium says the dismissal of the case is a “landmark outcome” for the digital assets industry and DePIN (Decentralized Physical Infrastructure Networks) technology, which tokenizes real-world infrastructure.

“This landmark outcome is a pivotal turning point for the Helium community and the entire crypto industry, removing legal uncertainty for DePIN projects that use crypto incentives to build real-world infrastructure.

With the dismissal of the SEC’s unregistered securities claims with prejudice, the outcome establishes that selling hardware and distributing tokens for network growth does not automatically make them securities in the eyes of the SEC.”

This marks another lawsuit dropped by the SEC against crypto giants this year after President Donald Trump took office. Other dissolved cases include ones against the crypto exchanges Kraken and Coinbase, retail trading giant Robinhood, non-fungible token (NFT) marketplace OpenSea, and crypto wallet developer MetaMask.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Sonic token eyes higher ground following a bullish engulfing impulse

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Sonic token has caught the eye of traders after a powerful bullish move from support. With price now consolidating under key resistance, the next breakout could be just around the corner—here’s what the chart is telling us.

Sonic (S) token has shown some serious momentum lately, catching the attention of traders with a powerful bullish engulfing candle. With price now grinding against key technical levels, the next few moves could be crucial in determining whether we see continuation—or signs of a reversal.

Key points:

  • Strong bullish engulfing candle from the value area low and daily support at $0.39
  • Price consolidating just under point of control, hinting at vertical accumulation
  • $0.52 liquidity target aligns with 0.618 Fibonacci and VWAP resistance
Sonic token eyes higher ground following a bullish engulfing impulse - 1
Source: Tradingview

The recent price action on Sonic Token has been notably impulsive, starting with a strong bullish engulfing candle that formed right at the value area low. This region also aligned perfectly with daily support around $0.39, giving the move significant technical weight.

The surge was accompanied by a rising volume profile, confirming buyer interest and demand at that level. Following the push, price now finds itself consolidating near the point of control—typically a sign that the market is building a base, not reversing.

Potential vertical accumulation

If Sonic continues to trade above the point of control, this could signal the presence of vertical accumulation. This kind of price action, characterized by higher lows on the lower time frame within a compact trading range, often leads to further bullish continuation.

One critical area to watch is the resting liquidity around $0.52. This level stands out as an untapped high and a magnet for price, especially with the 0.618 Fibonacci level and VWAP resistance stacked just above it.

Reaching that $0.52 region makes both technical and psychological sense. The theory of liquidity suggests that markets seek out areas of uncollected orders. Once price had taken the lower-side liquidity and bounced hard, the next logical move is to target the highs.

That target also lines up with the value area high of the current range, meaning a tap of that level would complete a full range rotation from low to high. If Sonic starts distributing around that resistance area, that could mark the start of a longer consolidation phase.

Right now, the chart is still showing signs of strength. There are no clear signals of weakness, and vertical accumulation patterns tend to continue until exhaustion. While it’s smart to be cautious near resistance, prematurely shorting Sonic without a clear rejection could be risky. For now, the bulls are in control—and the $0.52 target remains in play until proven otherwise.



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