Remember Arbitrum? This Analyst Just Predicted That A 7,400% Rally Is Coming
NewsBTC·60-word summary·1 min read
Crypto analyst Crypto Patel predicts Arbitrum could rally 7,400%, despite being down 96% from its all-time high of $2.40. He highlights key levels, including $0.27 and $0.065, and expects a breakout above $0.27 to trigger a bullish cycle targeting $5. Meanwhile, Michaël van de Poppe compares Arbitrum’s current price action to 2020’s bullish patterns.
Coinbase has expanded its crypto-backed loan services to UK users, allowing them to borrow against Bitcoin and Ethereum. The feature was initially launched in the U.S. last year and is now available in the UK, providing users with more options to leverage their crypto holdings. The move aims to increase access to crypto credit products globally.
Reabold Resources, a UK gas-investment firm, is considering bitcoin mining using its large gas field, which could theoretically mine 50,000 BTC. The company plans to test bitcoin mining before shifting focus to data centers. The move has drawn criticism from local media, highlighting the growing interest in integrating energy resources with crypto mining.
Bitcoin rose nearly 3% as US markets opened on April 20, 2026, amid a backdrop of stable stocks despite US-Iran tensions and falling oil prices. Analysts suggest that strategic trading contributed significantly to Bitcoin's recent price gains, helping it avoid a correction. The cryptocurrency's resilience highlights ongoing investor interest despite geopolitical uncertainties.
Deutsche Bank reports that U.S. retail crypto adoption has rebounded to mid-2025 levels, despite most consumers expecting lower Bitcoin prices. The resurgence indicates renewed interest in digital assets, with Bitcoin maintaining its dominant position in the market. The trend reflects ongoing retail engagement in the crypto space amid fluctuating price expectations.
Michaël van de Poppe predicts that 99% of altcoins will fail in 2026, comparing the current market to the Dot-com bubble. Despite this, he remains highly bullish on the long-term future of crypto. Van de Poppe's comments highlight the ongoing risks for altcoin investors amid market volatility, with Bitcoin expected to continue its upward trajectory.
HTX, a cryptocurrency exchange founded in 2013, has evolved into a comprehensive platform offering spot trading, derivatives, earning products, and more. Bitcoin.com News conducted an independent review of HTX’s services, highlighting its extensive ecosystem. The review, sponsored by HTX, confirms the platform’s longstanding presence in the crypto space, emphasizing its broad range of features for users.