At the Daily Journal Annual Meeting in 2019, 95-year-old Charlie Munger, then the vice chairman of Berkshire Hathaway, was asked why his longtime associate, Chairman of Berkshire Hathaway Warren Buffett, was "so much richer" than him. Munger's response, delivered in his characteristic tongue-in-cheek style, is one to remember.



What Happened: Towards the end of the two-hour-long meeting, an audience member asked Munger, "In spite of being partners for so long, why is Warren so much richer than you?" With a faint smile, Munger replied: "Well, he got an earlier start," before adding, "he was probably a little smarter," and "worked harder." Munger dismissed the idea of any complex analysis, saying, "There's not a lot of reasons."



Taking a pause, Munger joked, "Why was Albert Einstein poorer than I was?" suggesting that raw intellect alone does not always lead to extraordinary financial achievements.



Don&#8217;t Miss: 



<ul class="wp-block-list">
<li>Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.</li>



<li>Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — don't repeat history — <a href="https://www.benzinga.com/money/big-tech-has-spent-billions-acquiring-ai-smart-home-startups-one-company-stands-to-benefit-and-has-already-made-10-million">invest in RYSE at just $1.90/share</a>.</li>
</ul>



Why It Matters: <a href="https://www.benzinga.com/general/25/05/45216765/warren-buffett-met-charlie-munger-in-the-1950sthanks-to-the-davises-a-100000-investment-and-instant-chemistry-over-dinner">Buffett and Munger first met</a> in the 1950s, introduced by a doctor couple over dinner. Munger started his career as a lawyer, but later made his fortune by investing. 



For him, <a href="https://www.benzinga.com/personal-finance/25/03/44146342/charlie-munger-said-he-was-passionate-about-getting-rich-but-not-because-i-wanted-ferraris-i-wanted-the-independence">wealth was a path to personal freedom</a>: "I had a considerable passion to get rich… I wanted the independence. I desperately wanted it," he said. When they first met, Buffett's approach was buying undervalued stocks regardless of quality. Munger's influence led him to shift his strategy to buying great businesses at fair prices.



At the time of his <a href="https://www.benzinga.com/news/23/11/35989969/charlie-munger-buffetts-trusted-partner-dies-at-99">death in 2023</a>, Munger's net worth stood at $2.2 billion according <a href="https://www.forbes.com/profile/charles-munger/">to</a> Forbes. Last month, reports indicated that <a href="https://www.benzinga.com/markets/25/04/44778463/warren-buffetts-wealth-grows-even-amid-tariff-war-and-global-market-turmoil">Buffett's net worth</a> has grown by $11.5 billion since the beginning of this year, reaching $154 billion.



Despite the vast difference in their fortunes, Munger and Buffett's partnership is the stuff of legend in the world of business. Together, they molded Berkshire into a mammoth holding company with a market capitalization of $1.11 trillion.



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<li>The team behind $6B+ in licensing deals is now building the next billion-dollar IP empire — <a href="https://www.benzinga.com/money/elf-labs-ym?v=123">invest early at $2.25/share.</a></li>



<li>This Jeff Bezos-backed startup will allow you to <a href="https://www.benzinga.com/money/bezos-landlord-100-dollars">become a landlord in just 10 minutes, with minimum investments as low as $100</a>.</li>
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Charlie Munger Was Once Asked Why Warren Buffett Was So Much Richer — He Replied, 'He Got An Earlier Start,' Then Added, 'Why Was Albert Einstein Poorer Than I Was?'

For the first time since the COVID pandemic, zero cargo ships are on their way from China to the two primary ports in California. This sudden halt in trade comes in the wake of the Trump administration imposing substantial tariffs on Chinese imports.



What Happened: According to a report, no cargo vessels had left China for the two primary&nbsp;West Coast ports in the&nbsp;past 12 hours. This is a stark contrast to the situation just six days ago when 41 vessels were slated&nbsp;to depart China for the&nbsp;San Pedro Bay Complex, which&nbsp;comprises&nbsp;the Port of Los Angeles&nbsp;and Port of Long Beach.



The ongoing trade war initiated by President Donald Trump has led to the implementation of heavy tariffs on a majority of Chinese imports last month. 



This has resulted in a significant decrease in the number of ships carrying cargo to American ports. The sudden dip in vessels departing from China has sparked concerns among port officials, <a href="https://edition.cnn.com/2025/05/10/business/zero-ships-china-trade-ports-pandemic">reports</a> CNN.



Mario Cordero,&nbsp;the CEO of the Port&nbsp;of Long Beach, expressed his concerns stating, &#8220;That&#8217;s cause for alarm.&#8221; The country&#8217;s busiest ports are experiencing a steep drop in cargo, with&nbsp;the Port of Long Beach&nbsp;witnessing a 35-40% fall compared to the usual cargo volume.



Also Read: <a href="https://www.benzinga.com/news/global/25/05/45335581/trump-proposes-major-cut-in-china-tariffs-signaling-shift-in-trade-war">Trump Proposes Major Cut in China Tariffs, Signaling Shift in Trade War</a>



Trade representatives from the US and China&nbsp;are set to meet in&nbsp;Geneva this weekend in an attempt to diffuse the escalating trade war. President Trump has proposed reducing&nbsp;the tariff rate with China&nbsp;to 80%, but the final decision rests with Treasury Secretary Scott Bessent.



For consumers who are already grappling with&nbsp;higher prices or shortages of&nbsp;certain items, a resolution can&#8217;t come soon enough. 



Cordero warned, &#8220;If things don&#8217;t change quickly&#8230;we may be seeing empty products on the shelves. This is now going to be felt by the consumer in the coming 30 days.&#8221;



Why It Matters: The abrupt halt in cargo shipments from China to the US is a direct consequence of the ongoing trade war between the two economic giants. 



This has led to a significant drop in cargo volume at major US ports, raising concerns about potential supply chain disruptions and price hikes for consumers. 



The upcoming meeting between&nbsp;US and Chinese trade representatives&nbsp;will be crucial in determining the future course of this trade war and its impact on global trade dynamics.



Read Next



<a href="https://www.benzinga.com/markets/25/05/45185792/young-americans-express-discontent-over-trumps-china-tariffs" target="_blank" rel="noreferrer noopener">Young Americans Express Discontent Over Trump's China Tariffs</a>



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No Cargo Vessels En Route From China To California For First Time Since Pandemic

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.



U.S. markets experienced a notable upswing this week, driven by President Donald Trump's announcement of a trade agreement with the United Kingdom. The deal includes reductions in tariffs on UK automobiles, steel, and aluminum, and grants the UK access to the U.S. beef market. This development spurred optimism for potential future trade agreements and contributed to a rally in equities, with the S&amp;P 500 and Nasdaq posting gains. Additionally, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surpassed the $100,000 mark, reflecting increased investor confidence and a shift toward riskier assets.



Despite the positive market response, concerns about the broader economic outlook persist. The Federal Reserve opted to maintain current interest rates, citing uncertainties related to the new tariff policies and their potential impact on inflation and employment. Analysts warn of the risk of stagflation — a combination of stagnant economic growth and high inflation—especially as the effects of the tariffs become more pronounced.



Looking ahead, high-level trade discussions between U.S. and Chinese officials are scheduled, aiming to address ongoing tensions and possibly adjust existing tariffs. Investors are closely monitoring these developments, as outcomes could significantly influence market dynamics and economic forecasts in the coming months.



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.







The Bulls



<a href="https://www.benzinga.com/25/05/45259042/ibm-thinks-big-ai-delivers-bigger-why-bulls-are-charging-toward-300">"IBM Thinks Big, AI Delivers Bigger – Why Bulls Are Charging Toward $300"</a>, by Surbhi Jain, reports that International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) shares have climbed 48% over the past year and 13% year-to-date, driven by strong technical indicators and a bullish AI strategy, prompting Wedbush analyst Dan Ives to reiterate an Outperform rating with a $300 price target.



<a href="https://www.benzinga.com/25/05/45295534/novavax-reports-q1-profit-as-revenue-surges-to-over-600-million-and-lower-costs-raises-2025-forecasts">"Novavax reports Q1 profit as revenue surges to over $600 million and lower costs, raises 2025 forecasts"</a>, by Vandana Singh, reports that Novavax Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) posted a Q1 profit of $2.93 per share on $667 million in revenue — driven by $603 million from terminated advance purchase agreements — while raising its 2025 revenue forecast to $975 million-$1.025 billion and noting ongoing discussions with the FDA for full approval of its COVID-19 vaccine.



<a href="https://www.benzinga.com/25/05/45297555/hims-hers-stocks-100-surge-is-squeezing-shorts-and-it-might-just-be-getting-started">"Hims &amp; Hers stock's 100% surge is squeezing shorts—and it might just be getting started"</a>, by Surbhi Jain, reports that Hims &amp; Hers Health Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares have doubled over the past month, fueled by strong Q1 earnings, a partnership with Novo Nordisk to offer Wegovy, and a high short interest of 33% of float, suggesting a classic short squeeze may be underway.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/government/regulations/25/05/45298562/chipmakers-enter-bullish-seasonal-window-5-stocks-that-could-outperform">Chipmakers Enter Bullish Seasonal Window: 5 Stocks That Could Outperform</a>



<a href="https://www.benzinga.com/25/05/45291509/nvidia-broadcom-amd-surge-as-trump-reshapes-ai-chip-export-rules-to-ease-market-pressure">Nvidia, Broadcom, AMD Gain As Trump Reshapes AI Chip Export Rules To Ease Market Pressure</a>



<a href="https://www.benzinga.com/news/earnings/25/05/45268589/sunrun-stock-rallies-after-strong-q1-report-details">Sunrun Stock Rallies After Strong Q1 Report: Details</a>







The Bears



<a href="https://www.benzinga.com/news/earnings/25/05/45268429/arm-holdings-stock-plunges-after-q4-results-heres-why">"Arm Holdings Stock Plunges After Q4 Results: Here's Why"</a>, by Erica Kollmann, reports that Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares fell nearly 9% after the company beat Q4 expectations with $1.24 billion in revenue and $0.55 EPS but issued weaker-than-expected guidance for fiscal 2026, citing uncertainty in licensing deals and global trade tensions.



<a href="https://www.benzinga.com/25/05/45272331/super-micro-slides-as-ai-server-delays-nvidia-supply-limits-weigh-on-analyst-ratings">"Super Micro slides as AI server delays, Nvidia supply limits weigh on analyst ratings"</a>, by Anusuya Lahiri, reports that Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares fell 5% after the company missed Q3 revenue and EPS expectations and issued a cautious Q4 outlook, attributing delays to customers awaiting NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell GPUs and facing supply constraints, leading analysts to lower forecasts amid concerns over AI server demand and margin pressures.



<a href="https://www.benzinga.com/25/05/45261806/sarepta-therapeutics-stock-sinks-on-gloomy-forecast-analysts-cut-price-forecasts">"Sarepta Therapeutics stock sinks on gloomy forecast, analysts cut price forecasts"</a>, by Vandana Singh, reports that Sarepta Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) shares fell after the company posted a deeper-than-expected Q1 loss and cut its 2025 forecast due to Elevidys rollout delays, despite beating revenue estimates.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/news/earnings/25/05/45239188/arista-networks-shares-fall-after-mixed-q1-results-eps-beat-revenues-miss-q2-guidance-below-estimates">Arista Networks Shares Fall After Mixed Q1 Results: EPS Beat, Revenues Miss, Q2 Guidance Below Estimates</a>



<a href="https://www.benzinga.com/news/earnings/25/05/45270996/cleveland-cliffs-stock-falls-on-q1-earnings-miss-steelmaker-idles-6-facilities-taking-decisive-action-to-streamline-our-operations">Cleveland-Cliffs Stock Falls On Q1 Earnings Miss, Steelmaker Idles 6 Facilities: ‘Taking Decisive Action To Streamline Our Operations'</a>



<a href="https://www.benzinga.com/news/earnings/25/05/45302422/coinbase-q1-earnings-highlights-revenue-eps-miss-2025">Coinbase Slips On Q1 Miss, Highlights SEC ‘Win' And Strategic Bitcoin Reserve Executive Order</a>







Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.



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Benzinga Bulls And Bears: IBM, Novavax, Arm Holdings — And UK Trade Deal Boosts Markets

Global markets digested a week packed with trade breakthroughs, monetary policy signals, <a href="https://www.benzinga.com/topic/digital-assets">and digital asset milestones</a>.



Wall Street remains cautiously optimistic as the Trump administration intensifies efforts to strike favorable trade deals. Hopes were buoyed by a high-level summit between U.S. and Chinese officials in Switzerland over the upcoming weekend. Investors view the meeting as a <a href="https://www.benzinga.com/25/05/45294428/wall-street-rallies-after-us-seals-first-trade-deal-you-better-go-out-and-buy-stock-trump-says">step toward de-escalation.</a>



Meanwhile, the Trump administration unveiled a trade agreement with the U.K. A 10% baseline tariff remains, but the U.S. intends to cut duties on U.K. car imports <a href="https://www.benzinga.com/politics/25/05/45293839/trump-starmer-strike-us-uk-trade-deal-steel-cars-beef">from 25% to 15%.</a> 



In return, the U.K. reduced tariffs on U.S. vehicles and slashed agricultural duties, bringing levies on American beef and other key exports near zero. In addition, British Airways placed a $13 billion order for Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) aircraft.



On the macro front, the Federal Reserve held its policy rate steady at 4.25%-4.50% for a third consecutive meeting, underscoring concerns over lingering inflationary pressures and labor market damage <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45263291/fed-keeps-rates-steady-warns-of-rising-uncertainty-about-the-economic-outlook">amid trade-related risks.</a>



Fed Chair Jerome Powell struck a cautious tone and resisted expectations of imminent rate cuts, reiterating that monetary policy <a href="https://www.benzinga.com/government/regulations/25/05/45266366/powell-flags-sharp-tariff-shock-elevated-uncertainty-fed-sticks-to-wait-and-see-mode">will remain data-dependent.</a> Powell dismissed recession fears, attributing the weakness in first-quarter economic data to distortions in trade flows.



Still, a growing number of economists now warn that stagflation—a toxic mix of high inflation and stagnant growth—could be around the corner, straining the Fed's <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45269703/stagflation-emerges-as-key-economic-risk-to-federal-reserve-policy-economists-warn">dual mandate.</a>



Market pricing for rate cuts has shifted accordingly. As of now, futures imply just a 20% probability of a 25-basis-point cut in June.



In equities, The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) reached the top of the mega-cap leaderboard. This follows robust earnings and a new theme <a href="https://www.benzinga.com/markets/equities/25/05/45276805/disneys-30-billion-theme-park-bet-pays-off-as-bob-iger-touts-all-time-high-returns-stock-rallies-10-after-q2-earnings">park announcement for Abu Dhabi.</a>



Eli Lilly &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) extended last week's decline following disappointing guidance, weighing heavily on <a href="https://www.benzinga.com/content/45261458/is-eli-lilly-a-buy-after-weak-earnings-and-cvs-novo-partnership">the broader healthcare sector.</a>



Cryptocurrencies staged a dramatic comeback. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) breached the $100,000 threshold. The top digital asset hit levels last seen in February as optimism around trade <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45295626/bitcoin-breaks-100000-ethereum-xrp-dogecoin-roar-10-higher-what-do-experts-predict-next">diplomacy lifted risk sentiment</a>.



The rally was broad-based, with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) jumping over 25% on the week following <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45314930/ethereum-explodes-higher-largest-gain-in-four-years">a major network upgrade.</a>



Now Read:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45317301/5-treasury-yields-could-force-trump-to-slash-tariffs-in-q2-says-bofas-hartnett">5% Treasury Yields Could Force Trump To Slash Tariffs In Q2, Says BofA&#8217;s Hartnett </a></li>
</ul>



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Fed Stays Put, Trump Touts UK Trade Deal, Bitcoin Booms Past $100K, Stagflation Fears Rise: This Week In Markets

Each week,&nbsp;Benzinga's Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.



Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.



Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/25/05/45171636/exclusive-aprils-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-apple-palantir-nvidia-stocks-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: April's 20 Most-Searched Tickers On Benzinga Pro — Where Do Tesla, Apple, Palantir, Nvidia Stocks Rank?</a>



Here&#8217;s a look at the Benzinga Stock Whisper Index for the week ending May 9:



Mastercard Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>): The payment processing and credit card company saw strong interest from Benzinga readers during the week, which comes after the company reported<a href="https://www.benzinga.com/25/05/45142357/mastercard-raises-guidance-for-fy25-after-upbeat-q1-results-and-surge-in-global-card-issuance"> first-quarter financial results.</a> Mastercard reported quarterly revenue of $7.25 billion and earnings per share of $3.73. Both figures beat Street estimates, continuing a streak of both figures beating estimates for more than 10 straight quarters. Among the highlights in the quarter was cross-border volume that was up 15% year-over-year. The company announced a partnership with Corpay in the quarter that will further help with cross-border payment solutions. JPMorgan analyst Tien-tsin Huang<a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45175986/mastercards-cross-border-surge-and-pricing-actions-drive-analyst-optimism"> reiterated an Overweight rating </a>on the stock after earnings. The analyst said the company showed stability despite headwinds.



The stock was up around 2% during the week as seen on the <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509">Benzinga Pro chart </a>below with the stock up 25% over the last year.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509"><img loading="lazy" decoding="async" width="1003" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171621/Screenshot-407.png" alt="" class="wp-image-910772" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171621/Screenshot-407.png 1003w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171621/Screenshot-407-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171621/Screenshot-407-768x382.png 768w" sizes="(max-width: 1003px) 100vw, 1003px" /></a></figure>



Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>): The retailer saw increased interest from readers during the week, which comes with April comparable monthly sales reported and as the company prepares for third-quarter financial results. The company reported <a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45298451/jpmorgan-sees-more-upside-for-costco-as-us-sales-e-commerce-outperform">April monthly sales</a> of $21.2 billion, up 7% year-over-year. Comparable store sales were up 5.2% year-over-year in U.S. locations during the month, while overall same store sales increased 4.4% year-over-year. Analysts expect the company to post third-quarter revenue of $63.0 billion, up from $58.5 billion. The company has missed revenue estimates in six of the last 10 quarters. Increased attention to the stock could indicate more optimism for the next report with macro concerns and tariffs leading to an increase in bulk shopping during recent months.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509"><img loading="lazy" decoding="async" width="993" height="497" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171635/Screenshot-408.png" alt="" class="wp-image-910773" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171635/Screenshot-408.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171635/Screenshot-408-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171635/Screenshot-408-768x384.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>



Vimeo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>): The video software company saw increased interest from readers during the week, as shares declined after first-quarter results. The company beat analyst estimates for both revenue and earnings per share in the quarter. Vimeo has beaten analyst estimates for earnings per share in nine of the last 10 quarters and for revenue in more than 10 straight quarters. In the earnings <a href="https://investors.vimeo.com/static-files/a5ef9d3e-4831-4360-90b3-102c2254419b">report</a>, the company highlighted price increases and strength of self-serve bookings. Vimeo Enterprise also was highlighted with revenue up 32% year-over-year. The company also said it was investing for growth and <a href="https://www.benzinga.com/25/04/44647916/vimeo-launches-creator-focused-streaming-platform-with-ai-monetization-tools">highlighted new AI tools</a> and the new Vimeo Streaming product.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171649/Screenshot-409.png" alt="" class="wp-image-910774" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171649/Screenshot-409.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171649/Screenshot-409-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171649/Screenshot-409-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>



Alamos Gold Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>): Alamos Gold reappears on the Stock Whisper Index for a <a href="https://www.benzinga.com/trading-ideas/25/04/44883576/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-61">second straight month</a> with gold stocks continuing to see strong interest from readers. The company reported first-quarter financial results on April 30 with revenue and earnings per share missing analyst estimates. The company has beaten estimates in these figures in eight and seven of the last 10 quarters respectively. Alamos <a href="https://www.alamosgold.com/news-and-events/default.aspx#news--widget">produced </a>125,000 ounces of gold in the quarter, which was at the low end of company guidance. The company said it continues to work towards stronger production with an aim of a run rate of one million ounces per year in the coming years.



"Nearly all of this growth is in Canada, it's all lower cost, and it's all fully funded providing one of the strongest outlooks in our sector," Alamos Gold CEO John McCluskey said after the quarterly results when talking of future growth.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509"><img loading="lazy" decoding="async" width="1001" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171703/Screenshot-410.png" alt="" class="wp-image-910775" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171703/Screenshot-410.png 1001w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171703/Screenshot-410-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171703/Screenshot-410-768x381.png 768w" sizes="(max-width: 1001px) 100vw, 1001px" /></a></figure>



Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>): The IT services company saw strong interest from readers during the week on the heels of two acquisition announcements. On May 6, the company announced it was <a href="https://newsroom.accenture.com/news/2025/accenture-acquires-ascendient-learning-to-expand-learning-and-certification-capabilities-with-instructor-led-training-and-industry-recognized-credentials">acquiring </a>Ascendient Learning to expand its learning and certification capabilities. The company said the acquisition expands the number of certification offerings, enhances instructor-led training and adds upskilling programs. On May 8, the company announced the <a href="https://newsroom.accenture.com/news/2025/accenture-to-acquire-yumemi-to-accelerate-the-launch-of-innovative-and-influential-digital-products">acquisition </a>of Japanese digital services company Yumemi. The company said the acquisition will enhance capabilities to design and launch products for clients. Yumemi has designed digital products for more than 600 companies since its founding in 2000. Accenture is expected to report third-quarter financial results in June. The company has beaten analyst estimates for earnings per share in nine of the last 10 quarters and beaten revenue estimates in seven of the last 10 quarters.



<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509"><img loading="lazy" decoding="async" width="993" height="494" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171719/Screenshot-411.png" alt="" class="wp-image-910776" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171719/Screenshot-411.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171719/Screenshot-411-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09171719/Screenshot-411-768x382.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>



Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0509" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>



Read the latest Stock Whisper Index reports here:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/04/44651693/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">April 4</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/04/44883576/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-61" target="_blank" rel="noreferrer noopener">April 18</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/04/45029510/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-62" target="_blank" rel="noreferrer noopener">April 25</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/25/05/45183831/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-63">May 2</a></li>
</ul>



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<li><a href="https://www.benzinga.com/tech/25/04/45112477/exclusive-if-meta-is-forced-to-divest-instagram-whatsapp-or-facebook-43-pick-this-standout">EXCLUSIVE: If Meta Is Forced To Divest Instagram, WhatsApp, Or Facebook, 43% Pick This Standout</a></li>
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Exclusives

Trading Ideas

COST

VMEO

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

In a recent reaffirmation of her bullish stance, ARK Invest CEO Cathie Wood has once again predicted that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) will hit a minimum of $700,000 in the coming years.



What Happened: Speaking at a recent interview, Wood reiterated ARK&#8217;s forecast of a minimum 580% surge in Bitcoin&#8217;s current value by 2030. 



She <a href="https://www.youtube.com/watch?v=mVsSn5EBFlE">detailed</a>, &#8220;We&nbsp;have always had a 2030&nbsp;target, the base case in&nbsp;the $700,000 to $750,000 range,&nbsp;the bull case in the&nbsp;$1.5 million range.&#8221;



Wood highlighted three primary factors propelling this audacious Bitcoin price prediction. These encompass Bitcoin&#8217;s potential to seize a share from gold or expand the store-of-value market, institutions starting to invest in Bitcoin, and emerging market use cases.



See Also:&nbsp;<a href="https://benzinga.com/news/legal/25/05/45333754/tesla-poised-to-gain-as-texas-declares-dexit-passing-bills-to-shield-companies-from-shareholder-lawsui" target="_blank" rel="noreferrer noopener">Tesla Poised To Gain As Texas Declares &#8216;Dexit,&#8217; Passing Bills To Shield Companies From Shareholder Lawsuits After Elon Musk&#8217;s Pay Battle</a>



In addition to her Bitcoin forecast, Wood also shared her views on the current economic situation. She stated that the US is in a recession but anticipates it to end soon, following&nbsp;more clarity around President Trump's&nbsp;tariff negotiations. She is optimistic that this will trigger considerable economic growth, partly driven by advancements in artificial intelligence (AI).



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44889289/this-crypto-analyst-predicts-bitcoin-could-soar-137-under-perfect-market-conditions">This Crypto Analyst Predicts Bitcoin Could Soar 137% Under Perfect Market Conditions</a>



"I just put out a letter talking about the rolling recession we've been in for the last three years, since the Fed jacked up rates. We got a negative quarter in the first quarter, and potentially in the second quarter as well. And I think more and more people are getting concerned about an extended recession, and amid all the uncertainty, we actually think we're at the end of this rolling recession, and that we are moving into a period, after all of this uncertainty, of much greater productivity,&#8221; Wood added. 



&#8220;I&nbsp;think we're going to see a lot more productivity driven growth, which means inflation is going to be much lower than expected, which is going to be very capital friendly," she shared. 



At the time of writing, Bitcoin was trading at $102,811, marking a 2.4% increase&nbsp;in the last 24 hours.



Why It Matters: Wood&#8217;s prediction is significant as it reflects the growing confidence in Bitcoin&#8217;s potential to disrupt traditional financial markets. The forecast also underscores the increasing institutional interest in Bitcoin as a viable investment. 



Furthermore, Wood&#8217;s comments on the economic climate highlight the potential role of Bitcoin and AI in driving economic growth post-recession.



Read Next



<a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44065728/crypto-analyst-predicts-195-bitcoin-rally-says-bull-market-not-over-yet" target="_blank" rel="noreferrer noopener">Crypto Analyst Predicts 195% Bitcoin Rally, Says Bull Market Not Over Yet</a>



Shutterstock/Rcc_Btn

Cryptocurrency

Cathie Wood Stands Firm on Bold $700,000 Bitcoin Prediction for Investors, Says 'Bull Case in the $1.5 Million Range'

A recent shift in how the <a href="https://www.benzinga.com/news/25/05/45281537/gop-warns-trump-appointed-social-security-chief-frank-bisignano-against-further-staff-cuts-citing-risks-to-services-as-baby-boomers-age">Social Security Administration</a> handles benefit overpayments may offer partial relief — but it still comes with serious consequences. Effective April 25, the SSA began withholding up to 50% of monthly Title II benefits, such as retirement, disability, or survivor payments, from those who received overpayments.&nbsp;



While that's a step back from the <a href="https://www.benzinga.com/personal-finance/25/03/44368080/ssa-to-seek-100-recovery-on-social-security-overpayments-heres-what-this-means-for-your-benefits">previously announced 100% clawback</a>, experts say the new policy can still leave retirees and other beneficiaries in financial distress.



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<h2 class="wp-block-heading">Why Are Benefits Being Withheld?</h2>



Overpayments happen when the SSA sends out more money than a person is actually owed. This can occur for several reasons, including agency errors or delays in processing information — like changes to a beneficiary's income, living situation, or marital status.



When the SSA determines that an overpayment has occurred, it sends a notice asking for full and immediate repayment. If the beneficiary doesn't respond within roughly 90 days — by requesting a waiver, a reconsideration, or a lower repayment rate — the SSA begins automatically withholding funds.



According to an <a href="https://secure.ssa.gov/apps10/reference.nsf/lnx/04252025032443PM">emergency message</a> from the SSA, the new policy sets a default withholding rate of 50% for all new overpayment notices beginning April 25. This means half of a beneficiary's monthly check may be withheld until the debt is paid off — unless they take action.



Trending: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?



<h2 class="wp-block-heading">Relief from 100%, But Still Not Easy</h2>



The SSA's decision follows backlash against a previous plan to withhold 100% of benefits for overpaid recipients. That plan, <a href="https://www.ssa.gov/news/press/releases/2025/#2025-03-07-a">announced</a> earlier this year, would have left some individuals without any income at all. Critics, including advocacy organizations and lawmakers, called the full clawback "draconian."



While the reduced rate is seen as progress, it's far from a full solution.



"If you're relying on your benefits to pay your rent or your mortgage and buy food, losing half of that income is going to be devastating and can still result in people becoming homeless," Kate Lang, director of federal income security at Justice in Aging, told <a href="https://www.cnbc.com/2025/05/05/social-security-overpayment-withholding-rate-change.html">CNBC</a>.



Richard Fiesta, executive director of the Alliance for Retired Americans, told CNBC the change still risks causing "immediate economic hardship" for many, particularly when the overpayment was not the beneficiary's fault.



See Also: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>



<h2 class="wp-block-heading">Can You Dispute the Overpayment?</h2>



Yes — but it's not always straightforward. <a href="https://www.benzinga.com/personal-finance/25/03/44292349/if-i-were-a-beneficiary-id-be-setting-aside-some-money-right-now-former-ssa-commissioner-warns-t">Beneficiaries</a> can request a reconsideration, a waiver, or a lower withholding rate. However, responses can vary depending on the SSA employee handling the case.



"There are thousands of employees that individual beneficiaries are going to be dealing with to ask for a waiver or ask to negotiate a different repayment rate," Lang said. "And those employees have a lot of discretion in what they decide."&nbsp;



Plus, long wait times for SSA appointments can make it harder for people to respond in time.



<h2 class="wp-block-heading">What to Do If You Receive an Overpayment Notice</h2>



If you get a notice, act quickly. According to the SSA, you typically have about 90 days to challenge it before the SSA begins withholding up to 50% of your monthly benefit.



Experts recommend contacting the SSA as soon as possible to explore your options. You may be able to reduce the withholding rate or avoid repayment altogether if you weren't at fault for the overpayment.



<h2 class="wp-block-heading">Bottom Line</h2>



While the SSA's decision to cut the withholding rate from 100% to 50% may sound like good news, the fallout could still be serious for many retirees. Stay informed, respond quickly to any overpayment notice, and don't hesitate to ask for help if you need it.



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Image: Shutterstock

Personal Finance

You Could Still Lose Half Your Benefits: Social Security Reduces Overpayment Withholding Rate, Experts Warn Of Fallout

On a recent episode of The Ramsey Show, a woman phoned in to talk about her boyfriend's approach to finance that raised some red flags: "I've been dating a lovely young man… and his response [to retirement savings] was that 401(k)s are a scam." Hosts Dave Ramsey and George Kamel, as usual, had a lot to say about that.



What Happened: The caller <a href="https://www.youtube.com/watch?v=Y324f44rQuk">shared</a> that while she saves sincerely with a <a href="https://www.benzinga.com/money/what-is-a-401k">401(k)</a> and Roth IRA, her 32-year-old boyfriend, who immigrated from Albania six years ago, disregards retirement accounts completely. Ramsey responded: "What he&#8217;s saying is&#8230; I'm immature and I don't want to think about the future."



Ramsey went on to acknowledge that fear or cultural experience might be impacting the boyfriend's position. "If he is truly scared of this product… then you can deal with fear," Kamel added. They advised the caller to approach the situation like teaching someone to ride a bike: begin with training wheels, then build confidence step by step.



See Also: <a href="https://www.benzinga.com/markets/25/04/45061911/kevin-oleary-urges-americans-to-rethink-retirement-goals-says-social-security-alone-wont-cut-it-throw-out-your-plan-for-freedom-at-55-or-even-65">Kevin O&#8217;Leary Urges Americans To Rethink Retirement Goals, Says Social Security Alone Won&#8217;t Cut It: &#8216;Throw Out Your Plan For Freedom At 55 Or Even 65&#8217;</a>



Why It Matters: Ramsey did not mince his words, highlighting the long-term relational and financial risks of not having a 401(k). "You&#8217;re going to live with someone who&#8217;s going to do no planning for the future, which guarantees your future sucks."



He <a href="https://www.benzinga.com/personal-finance/25/01/42988489/im-watching-my-retirement-savings-erode-away-61-year-old-panics-over-his-investments-but-dave-ramsey-tells-him-shut-up-and-invest">shared stories</a> of other callers who had a similar perspective and then ended up with decades of regret. "I <a href="https://www.benzinga.com/personal-finance/25/05/45181755/58-year-old-with-no-retirement-says-his-ex-left-him-broke-and-hes-sick-of-working-dave-ramsey-says-he-can-build-a-500k-nest-egg-in-10-years">meet 57-year-old Americans who have no vision</a>&#8230; and they end up retiring and trying to live on Social Security and griping because <a href="https://www.benzinga.com/personal-finance/25/01/43086362/retiring-with-zero-money-and-a-nice-paid-for-house-is-not-a-plan-dave-ramsey-tells-59-year-old-with-no-retirement-savings">all the opportunity is gone</a>", he said.



For this woman, the path forward with her boyfriend would be to "honor their questions," said Kamel. "Don't always try to explain them away… get with a third party" like a financial advisor. &nbsp;Ramsey then added: "I love you—don't marry this guy. He ain't worth it," if his mindset does not shift.



Ramsey has previously advocated for a similar approach, highlighting the importance of tackling debt, <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/05/45187836/dave-ramsey-blasts-budget-slackers-who-bail-on-401ks-during-market-turmoil-shortterm-temper-tantrums">putting extra cash&nbsp;into a 401(k)&nbsp;</a>and Roth IRA, and investing in broad‑based mutual funds that compound over decades.



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Photo courtesy: Shutterstock

General

Dave Ramsey Tells Woman Whose Boyfriend Thinks 401(k)s Are A Scam: 'Don't Marry This Guy, He Ain't Worth It,' Calling Him An 'Immature' Man Who Doesn't 'Want To Think About The Future'

President Donald Trump has declared a ceasefire agreement between India and Pakistan. This announcement comes amidst escalating tensions between the two nuclear-armed nations.



What Happened: Early on Saturday morning, President Trump made a casual announcement about the ceasefire agreement between India and Pakistan. 



&#8220;After a long night of talks mediated by the United States, I am pleased to announce that India and Pakistan have agreed to a FULL AND IMMEDIATE CEASEFIRE. Congratulations to both Countries on using Common Sense and Great Intelligence. Thank you for your attention to this matter!,&#8221; Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114483405683675564">posted </a>on Truth Social.



The announcement followed a series of escalating military actions between India and Pakistan. Earlier on Saturday, India had launched missiles at Pakistani airbases, which led to retaliation from Pakistan. 



This announcement was made mere hours after the conflict seemed to be intensifying.



Also Read: <a href="https://www.benzinga.com/25/05/45241770/india-fires-missiles-into-pakistani-territory-trump-hopes-fighting-between-nuclear-rivals-ends-very-quickly">India Fires Missiles Into Pakistani Territory, Trump Hopes Fighting Between Nuclear Rivals &#8216;Ends Very Quickly&#8217;</a>



U.S. Secretary of State Marco Rubio also confirmed the ceasefire on his social media, commending the governments of India and Pakistan for their &#8220;wisdom, prudence, and statesmanship in choosing the path of peace.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over the past 48 hours, <a href="https://twitter.com/VP?ref_src=twsrc%5Etfw">@VP</a> Vance and I have engaged with senior Indian and Pakistani officials, including Prime Ministers Narendra Modi and Shehbaz Sharif, External Affairs Minister Subrahmanyam Jaishankar, Chief of Army Staff Asim Munir, and National Security Advisors Ajit…&mdash; Secretary Marco Rubio (@SecRubio) <a href="https://twitter.com/SecRubio/status/1921175185836708140?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Why It Matters: The ceasefire agreement is significant as it comes at a time when tensions between India and Pakistan were escalating at an alarming rate. 



The conflict, which had its roots of Pakistan providing a safe haven for terrorists, had led to a series of military actions that threatened to destabilize both the countries. 



The successful mediation by the United States, as announced by President Trump, has brought a temporary halt to the conflict, potentially averting a major crisis. 



The impact of this ceasefire on the long-term relations between the two countries remains to be seen.

Global

Trump Makes India-Pakistan Ceasefire Declaration In Casual Manner: 'Thank You For Your Attention To This Matter!'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly instructed workers on Model Y and Cybertruck production lines at its Austin factory to stay home during Memorial Day week, marking an unusually extended break as the automaker grapples with declining deliveries.



What Happened: Workers, who are paid hourly, were notified earlier this week that they could either use paid time off or report for cleaning and training duties, but wouldn&#8217;t work on production lines. Employees indicated production schedules have been increasingly inconsistent since February, with many sent home early multiple times, three employees <a href="https://www.businessinsider.com/tesla-model-y-cybertruck-workers-stay-home-memorial-day-2025-5">told</a> Business Insider.



The production pause follows Tesla&#8217;s <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44607859/teslas-deliveries-slide-in-q1-amid-production-setbacks-political-backlash">first-quarter delivery decline</a> of 13% year-over-year and comes amid mounting inventory concerns. The company produced nearly 26,000 more vehicles than it delivered in the first quarter, despite already reducing production by approximately 100,000 units compared to the previous quarter.



Tesla did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.



See Also: <a href="https://www.benzinga.com/markets/25/05/45333895/gop-megadonor-ken-griffin-warns-trump-tariffs-are-terrifying-says-government-is-picking-winners-and-losers-amid-soaring-trade-deficit">GOP Megadonor Ken Griffin Warns Trump Tariffs Are &#8216;Terrifying,&#8217; Says Government Is Picking &#8216;Winners And Losers&#8217; Amid Soaring Trade Deficit</a>



Why It Matters: &#8220;If the ship of America goes down, Tesla will go with it,&#8221; CEO Elon Musk warned <a href="https://www.benzinga.com/news/25/05/45332420/if-the-ship-of-america-goes-down-tesla-will-go-with-it-elon-musk-says-hes-refocusing-on-tesla-after-71-profit-drop">during an April earnings call</a> after the company reported a 71% plunge in net income to $409 million. Tesla&#8217;s core automotive revenue tumbled 20% to $14 billion.



Cybertruck has faced particular challenges, with <a href="https://www.benzinga.com/markets/25/05/45216453/tesla-has-over-10000-units-of-unsold-cybertrucks-in-its-us-inventory-amid-poor-sales-report">reports suggesting over 10,000 units remain unsold</a>. The company has delivered fewer than 50,000 Cybertrucks as of March, according to a voluntary recall notice.



The company has introduced discounts on the refreshed Model Y launched in January and released a cheaper variant this week as it attempts to stimulate demand.



Price Action: Tesla&#8217;s stock closed at $298.26 on Friday, up 4.72% for the day. In after-hours trading, the stock rose slightly to $299.29, gaining an additional 0.35%. Year to date, Tesla shares are down 21.36%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>. 



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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45333766/ethereum-dogecoin-and-other-altcoins-may-erase-4-years-suffering-in-just-months-says-michael-van-de-poppe-amid-historic-bullish-divergence">Ethereum, Dogecoin And Other Altcoins May Erase &#8216;4 Years Suffering&#8217; In Just Months, Says Michael Van De Poppe Amid Historic Bullish Divergence</a></li>
</ul>



Image Via Shutterstock



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

TSLA

Tesla Workers Told To Stay Home As Elon Musk's EV Giant Extends Memorial Day Break Following 13% Delivery Drop And Surging Inventory: Report

Cryptocurrency analyst Michaël van de Poppe identified a potentially significant market signal Friday, noting that altcoins could be poised for a dramatic recovery against Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).



What Happened: &#8220;The bull market is the biggest reward of 4 years suffering. Within a window of a few months, your Altcoins can erase all the losses,&#8221; van de Poppe wrote on X. &#8220;The Altcoin market capitalization against Bitcoin is still massively bullish. The longest bullish divergence in history.&#8221;



The analyst&#8217;s comments come as Bitcoin trades near $103,023, with a market capitalization of approximately $2.04 trillion. 



Meanwhile, the CMC Altcoin Season Index currently sits at 39/100, firmly in &#8220;Bitcoin Season&#8221; territory, which indicates Bitcoin has outperformed most alternative cryptocurrencies over the past 90 days, according to data from CoinMarketCap.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The bull market is the biggest reward of 4 years suffering. Within a window of a few months, your <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> can erase all the losses.&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1920963425586249940?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoin</a> market capitalization against Bitcoin is still massively bullish. The longest bullish divergence in history. <a href="https://t.co/A03iDxMIrN">pic.twitter.com/A03iDxMIrN</a>&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1920921463147594177?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also: <a href="https://www.benzinga.com/government/regulations/25/05/45330282/fed-stays-put-trump-touts-uk-trade-deal-bitcoin-booms-past-100k-stagflation-fears-rise-this-week-in-markets">Fed Stays Put, Trump Touts UK Trade Deal, Bitcoin Booms Past $100K, Stagflation Fears Rise: This Week In Markets</a>



Why It Matters: Van de Poppe emphasized that timing and positioning will be crucial for investors. &#8220;All I&#8217;ve learned from previous cycles is that if the markets start a rotation, it&#8217;s going to be a fast move on those Altcoins and you&#8217;ll be questioning yourself whether it&#8217;s a real or a fake move. That&#8217;s why I fancy being positioned early.&#8221;



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">All I&#39;ve learned from previous cycles is that IF the markets start a rotation, it&#39;s going to be a fast move on those <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> and you&#39;ll be questioning yourself whether it&#39;s a real or a fake move. That&#39;s why I fancy being positioned early.&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1920894034387890472?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



The CMC Altcoin Season Index, which tracks the performance of the top 100 altcoins relative to Bitcoin, currently shows divergent performance across the altcoin market. 



While some tokens like Four (FORM) have posted gains exceeding 480% over 90 days, many large-cap altcoins, including Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), have underperformed Bitcoin during this period.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45332474/a-38-year-old-father-shares-how-he-paid-388000-in-debt-after-listening-to-dave-ramsey-we-held-off-on-a-lot-of-big-purchases">A 38-Year-Old Father Shares How He Paid $388,000 In Debt After Listening To Dave Ramsey: &#8216;We Held Off On A Lot Of Big Purchases</a></li>
</ul>



Image Via Shutterstock



Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$DOGE

$SOL

Ethereum, Dogecoin And Other Altcoins May Erase '4 Years Suffering' In Just Months, Says Michael Van De Poppe Amid Historic Bullish Divergence

Cryptocurrency markets are heading into the weekend with bullish momentum, supported by rising institutional inflows, favorable regulatory signals and surging ETF demand.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$103,210.29</td><td>+1.9%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,342.42</td><td>+13.3%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$171.91</td><td>+7.4%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.35</td><td>+4.9%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2044</td><td>+7.4%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001503</td><td>+7.4%</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses growing by 1.2%. Transactions greater than $100,000 are up from 10,628 to 14,818 in a single day. Exchanges netflows are down by 129.9%.</li>



<li>Coinglass data reports 250,199 traders were liquidated in the last 24 hours for $1.04 billion.</li>



<li>CoinBureau cited CryptoQuant data saying whale accumulation is not slowing down, with crypto whales boosting holdings to around $3.7 billion in the last 30 days.</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45324908/coinbase-launches-24-7-bitcoin-ethereum-futures-trading-what-does-that-mean">Coinbase Launches 24/7 Bitcoin, Ethereum Futures Trading: What Does That Mean?</a></li>



<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45323509/coinbase-analysts-look-ahead-to-q2-after-disappointing-q1-higher-crypto-prices-increased-volumes">Coinbase Analysts Look Ahead To Q2 After Disappointing Q1: &#8216;Higher Crypto Prices… Increased Volumes&#8217;</a></li>



<li><a href="https://www.benzinga.com/government/regulations/25/05/45314812/mark-cuban-slams-memecoins-says-they-set-a-bad-example-for-new-crypto-investors">Mark Cuban Slams Memecoins, Says They Set A &#8216;Bad Example&#8217; For New Crypto Investors</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45309505/celsius-founder-alex-mashinsky-gets-12-year-prison-sentence-for-securities-and-commodities-fraud">Celsius Founder Alex Mashinsky Gets 12-Year Prison Sentence For Securities and Commodities Fraud</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45309227/coinbase-ceo-brian-armstrong-believes-traditional-banks-launching-own-stablecoins-not-necessarily-the-best-path-pitches-usdc-as-option">Coinbase CEO Brian Armstrong Believes Traditional Banks Launching Own Stablecoins &#8216;Not Necessarily The Best&#8217; Path— Pitches USDC As Option</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45322570/treasury-secretary-criticizes-senate-for-failing-to-advance-stablecoin-bill">Treasury Secretary Criticizes Senate For Failing To Advance Stablecoin Bill</a></li>



<li><a href="https://www.benzinga.com/news/earnings/earnings-misses/25/05/45320451/mara-holdings-q1-results-fail-to-excite-yet-bitcoin-touching-103k-could-turn-losses-to-gains">MARA Holdings&#8217; Q1 Results Fail To Excite, Yet Bitcoin Touching $103K Could Turn Losses To Gains</a></li>
</ul>



Top Gainers:



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Pyth Network (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PYTH</a>)</td><td>$0.1992</td><td>+35%</td></tr><tr><td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>$0.00001243</td><td>+19.5%</td></tr><tr><td>OFFICIAL TRUMP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) </td><td>$14.56</td><td>+17.9%</td></tr></tbody></table></figure>



Trader Notes: Crypto trader Jelle warns against entering long positions on Bitcoin at current levels, citing the potential for "scammy price action" designed to trap late entries and fake breakout traders. 



Instead, he urges patience, suggesting that buying the dips remains the smarter strategy. Jelle maintains a bullish target of $140,000 for BTC.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is not the area to look for longs btw. Likely get scammy PA in the coming week or two, chopping up the late longers and tricking people into giving up on the breakout. Be patient &#8211; long dips, $140,000 is programmed IMO.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/KFWXGC2NoD">pic.twitter.com/KFWXGC2NoD</a>&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1920829002253582655?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



ShardiB2 <a href="https://x.com/ShardiB2/status/1920894672332788161">points</a> to a 1-hour reversal candle, indicating potential near-term turbulence. 



Stockmoney Lizards <a href="https://x.com/StockmoneyL/status/1920898437676958171">agrees</a>, noting Bitcoin's strong recent pump but warning of a possible short-term shakeout, likely in the form of a sharp wick, to flush out over-leveraged longs before resuming its upward move.



Meanwhile, Kevin Svenson of Blofin highlights Bitcoin's 4-hour chart following a measured move pattern, suggesting a potential pullback to $100,000 for a re-test before pushing toward $114,000.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> &#x7C; 4-hour measured moves have been hitting with absolute precision. A possible re-test of $100,000 is in play before the next leg up, which targets a measured move to $114,000 &#x1f440;<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> &#x1f517;<a href="https://t.co/3AMc33qIm2">https://t.co/3AMc33qIm2</a> <a href="https://t.co/bI9eZiQOFj">pic.twitter.com/bI9eZiQOFj</a>&mdash; Kevin Svenson (@KevinSvenson_) <a href="https://twitter.com/KevinSvenson_/status/1920907329395966376?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Lastly, Crypto Yoddha <a href="https://x.com/CryptoYoddha/status/1920897779385123020">remains</a> firmly bullish, predicting Bitcoin will catch bears off guard in the coming months. Though he notes the exact top is uncertain, his personal target range sits between $140,000 and $150,000. 



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45321872/bitcoin-hits-103400-as-states-embrace-btc-reserves">Bitcoin Hits $103,400 As States Embrace BTC Reserves</a></li>
</ul>



Image: Shutterstock

$PEPE

$PYTH

$SHIB

$TRUMP

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Enter Weekend Strong: 'Long Dips, $140,000 Is Programmed,' Trader Says

Dogecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) explosive 26% three-day rally is drawing renewed attention from traders, with technical signals and whale movements hinting at the beginning of a <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">much larger bullish run</a>.



What Happened: Prominent analyst Kevin on Thursday shared technical analysis in his exclusive <a href="https://www.patreon.com/posts/major-dogecoin-128439174">Patreon group</a>, flagging a potential inverse head-and-shoulders pattern forming on the one to three-day DOGE chart, anchored at a key support level.



He noted the 3-day MACD is showing early bullish momentum, though it hasn't yet crossed the zero line, a classic signal that the move is in its infancy.



Further confirmation may come from the 2-week Stochastic RSI, which is oversold and poised for a bullish cross above 20 cents, historically a powerful crypto buy signal. 



Kevin emphasized that while macro alignment remains important, the current structure shows strong breakout potential.



Trader Tardigrade echoed the sentiment, pointing out that Dogecoin's 30% gain in under three days follows previous similar rallies of 24% and 26% over 5–6 days, calling this phase the start of a parabolic stage.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> pump is accelerating &#x1f525;<a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> jumps over 30% in under 3 days &#x1f680; Previously, it saw gains of 24% and 26% in 5-6 days. It seems to be entering a parabolic stage. <a href="https://t.co/IlopaV5TvA">pic.twitter.com/IlopaV5TvA</a>&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1920803954302349432?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45294059/dogecoin-zooms-12-higher-whats-going-on">Dogecoin Zooms 12% Higher: What&#8217;s Going On?</a>



Why It Matters: In an X <a href="https://x.com/whale_alert/status/1920581686074507759">post</a> on May 9, Whale Alert data shows around 793.09 million DOGE, worth $153.2 million, being transferred from an unknown wallet to another unknown wallet.



In another <a href="https://x.com/whale_alert/status/1920470836579831931">post</a> on May 8, around 807.4 million DOGE, valued at $148.9 million, was transferred between two unknown wallets.



These movements between unknown wallets suggest institutional or whale repositioning, often preceding major price volatility.



Coinglass data shows DOGE derivatives trading volume expanding by 118.95%, while open interest spiked 18% in a single day. 



Short liquidations as of May 8 spiked to $13.3 million, the highest since Feb. 3. 



In the past 24 hours, DOGE liquidations stood at $20.5 million, with $14.3 million in short liquidations as traders were forced to close their positions with sudden price spikes.



Prediction markets are catching on, with Polymarket bettors now giving Dogecoin an 80% chance of being significantly up by May 2025, a sharp rise from just 28% on May 5.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45233324/dogecoin-teases-diamond-bottom-reversal-is-a-breakout-imminent">Dogecoin Teases &#8216;Diamond Bottom&#8217; Reversal: Is A Breakout Imminent?</a></li>
</ul>

Dogecoin Surges 26% In 3 Days: What Is Going On?

Crypto markets are extending their rally for a second straight day, fueled by renewed optimism around global trade deals and <a href="https://www.benzinga.com/25/05/45308288/bitcoin-closing-in-on-104000-ethereum-dogecoin-rally-on-trade-deal-optimism-analytics-firm-highlights-the-double-edged-sword-amid-bullish-sentiment">bullish macro sentiment</a>. As price momentum accelerates, seasoned analysts warn against FOMO, advocating instead for disciplined, intentional strategies.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$103,120.94</td><td>+3.6%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,350.17</td><td>+20.4%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$173.61</td><td>+12.8%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.40</td><td>+9%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2087</td><td>+14%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001525&nbsp;&nbsp;</td><td>+13.8%</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin large transaction volume and daily active addresses increased by 3.8% and 1.2%, respectively, in a single day. Transactions greater than $100,000 increased from 10,628 to 14,818. Driven by recent optimism, 99% of BTC holders are in profit.</li>



<li>Coinglass data shows 249,335 traders were liquidated in the past 24 hours for $1.14 billion. Short liquidations as of May 8 peaked to $394 million, implying traders forced to close positions amid sudden spike in prices.</li>



<li>Santiment <a href="https://x.com/santimentfeed/status/1920677308924297638">data</a> shows a surge in Bitcoin wallet creation, with 344,620 new wallets added as BTC crossed $103,800, a high not seen since January. </li>
</ul>



Trader Notes: With crypto markets moving higher, More Crypto Online <a href="https://x.com/Morecryptoonl/status/1920732719010484237">urged</a> traders to stay sharp and not chase the rally, stressing not to be afraid of missing out, but trading with intention.



Kevin <a href="https://www.youtube.com/live/pvmzAtpB-kw">reminded</a> followers that Bitcoin&#8217;s three-month-old &#8220;reversal zone&#8221; prediction has played out as it breaks through critical resistance levels, potentially setting the stage for new all-time highs. 



The analyst&#8217;s framework identifies that major Bitcoin correctional phases typically last between 114 and 174 days after the three-day MACD crosses bearish. He expects BTC weekly candle to close above $100,712.



Michael van de Poppe foresees Bitcoin consolidating between current levels and $107,000 before a potential new ATH this quarter.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">What a move on <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>. I assume we&#39;ll pause for a bit between here and $107,000 before we&#39;ll break to a new ATH in this quarter. <a href="https://t.co/IhRueTnyJf">pic.twitter.com/IhRueTnyJf</a>&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1920745537713684570?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



CryptoQuant <a href="https://x.com/cryptoquant_com/status/1920786305484570731">reported</a> Bitcoin's bull score jumping from 20 to 80, indicating a sharp shift in sentiment and strong spot demand. Any score above 60 implies bullish conditions and supports higher prices.



Crypto Zeinab <a href="https://x.com/CryptoZeinab/status/1920520532220653688">noted</a> a bullish inverse head and shoulders on Solana&#8217;s high-time frame. A break above the $160 neckline could trigger moves toward $180–$200. For Dogecoin, Trader Tardigrade observed RSI crossing above 50, suggesting a bullish trend is forming.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> RSI has risen above 50, indicating an incoming bullish trend &#x1f525;<a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Doge</a> <a href="https://t.co/aJjxKPu40s">pic.twitter.com/aJjxKPu40s</a>&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1920776508626661419?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



CrediBULL Crypto <a href="https://x.com/CredibleCrypto/status/1920765910878486580">revealed</a> a long position on XRP with tight stop-loss for a high-risk/reward setup, riding on broader market momentum.



More Crypto Online <a href="https://x.com/Morecryptoonl/status/1920782753982824627">identified</a> a C-wave upward structure in play for Ethereum, now in wave (4), with crucial support between $2,111–$2,304. If that level holds, a move to $2,594–$2,775 is likely.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45284152/coin-vs-mara-which-crypto-stock-chart-has-the-bullish-edge-before-q1-earnings-drop">COIN Vs. MARA: Which Crypto Stock Chart Has The Bullish Edge Before Q1 Earnings Drop?</a></li>
</ul>

Bitcoin, Ethereum, XRP, Dogecoin Continue Surging As Altcoin Market Buzzes

The cryptocurrency market rallied sharply on Thursday after the Trump administration inked a trade deal with the United Kingdom.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 9:00 p.m. ET)</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>+4.81%</td><td>$102,675.77</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+20.05%</td><td>$2,195.20</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+10.98%</td><td>$0.1948</td></tr></tbody></table></figure>



What Happened: Bitcoin breached the $100,000 milestone after a wait of three months, catalyzing a broader market uptick. The apex cryptocurrency nearly tapped $104,000 in a volatile session, with trading volume increasing by 59% in the last 24 hours.



Bitcoin&#8217;s gains were overwhelmed by its younger sibling, Ethereum, which burst out after weeks of sideways trading around the $1,800 range. The second-largest cryptocurrency breached $2,200, a level not seen in over two months.



The rally pushed Ethereum's market dominance past 8% for the first time in over a month.



Bearish leveraged traders took in huge losses as the rally wiped out nearly $800 million in short positions.



Interestingly, Bitcoin's Open Interest dropped 0.20% in the last 24 hours, indicating that the rally may have been driven by short covering. On the other hand, Ethereum's Open Interest surged 20%.



The "Greed" sentiment prevailed in the market, according to the Crypto Fear and Greed Index.



Top Gainers (24-Hours)



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Gains +/-</td><td>Price (Recorded at 9:00 p.m. ET)</td></tr><tr><td>Eos (VIRTUAL)</td><td>+16.78%</td><td>$0.8168</td></tr><tr><td>Stacks (STX)</td><td>+9.62%</td><td>$0.892</td></tr><tr><td>Zcash (ZEC)</td><td>+5.10%</td><td>$40.32</td></tr></tbody></table></figure>



The global cryptocurrency market capitalization soared 6.91% in the last 24 hours to $3.22 trillion.



Stocks also climbed on Wednesday. The Dow Jones Industrial Average rose 254.48 points, or 0.62%, to end at 41,368.45. The S&amp;P 500 lifted 0.58% to close at 5,663.94, while the tech-heavy Nasdaq Composite gained 1.07% to finish at 17,928.14.



The risk-on sentiment was bolstered after the Trump administration signed its <a href="https://www.benzinga.com/25/05/45294428/wall-street-rallies-after-us-seals-first-trade-deal-you-better-go-out-and-buy-stock-trump-says">first major trade agreement with the</a> UK, fueling confidence about further global deals.



This comes ahead of Treasury Secretary Scott Bessent's <a href="https://www.benzinga.com/25/05/45242461/donald-trumps-trade-war-sparks-first-major-us-china-talks-scott-bessent-jamieson-greer-to-meet-chinese-delegation-in-geneva">meeting with top Chinese officials for trade negotiations</a>.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Cryptocurrency analytics firm Santiment said the ongoing bullish sentiment could be a "double-edged sword" for upcoming price moves.



"On one hand, retail FOMO can add a bit of extra fuel to this rally as major media outlets spam Bitcoin&#8217;s 3-month milestone and bring in many new entries to the space. On the other hand, we typically see rallies put on the brakes when there is an overwhelming amount of calls related to &#8216;higher&#8217; or &#8216;above,&#8217;" the firm added.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f973; Cryptocurrency has continued its rally, with Bitcoin breaching the all-important $100K psychological resistance for the first time since Feb. 3rd. Sentiment is quite bullish at the moment, which can be a double-edged sword for upcoming price movement from here. On one hand,… <a href="https://t.co/iGcLsY1cxN">pic.twitter.com/iGcLsY1cxN</a>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1920514782823920113?ref_src=twsrc%5Etfw">May 8, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Cryptocurrency analyst and trader Rekt Capital weighed in on Ethereum's stratospheric gains during the day, emphasizing the significance of $2,200.



"Reclaim ~$2200 and Ethereum will resynchronise with its $2200-$3900 macro range," the analyst said



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> That was quick Ethereum has reached ~$2200 Going forward, ETH will need to reclaim ~$2200 via a similar reclaim to what occurred in late 2023 (blue circle) Reclaim ~$2200 and Ethereum will resynchronise with its $2200-$3900 Macro Range<a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw">#ETH</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://t.co/sQYXDeG1ZB">https://t.co/sQYXDeG1ZB</a> <a href="https://t.co/ecJBvDkpQ6">pic.twitter.com/ecJBvDkpQ6</a>&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1920592869263323633?ref_src=twsrc%5Etfw">May 8, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Shutterstock: Yalcin Sonat



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Bitcoin Closing In On $104,000, Ethereum, Dogecoin Soar On Trade Deal Optimism: Analytics Firm Says Bullish Sentiment A 'Double-Edged Sword'

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