The Crypto Analyst Who Predicted The Crash on Calling a Bottom
Harvard just echoed the call to rotate into Ethereum
As other crypto analysts rush to slash their lofty price targets, the analyst who actually predicted the crash is saying now could be the time to buy.
Fundstrat’s Head of Digital Asset Strategy Sean Farrell recently joined Coinage to highlight the bottoming process playing out — and what he’s watching to definitively say the worst is over.
“Regardless of if you have a time frame beyond six or 12 months, I do think that these are great areas to get involved,” Farrell told Coinage. “I still think once we find a durable low and once that hot ball of money finds its way back to crypto, I think the recovery will be quite swift.”
Farrell reiterated his $115,000 year-end call for Bitcoin and his prediction that Ethereum will outperform on a relative basis.
Meanwhile, Standard Chartered analysts gutted their BTC price forecast yet again to $100,000 from $150,000 (on top of the trim this past December from $300,000.)
Harvard Rotates into Ethereum
Harvard’s endowment fund trimmed its allocation to Bitcoin by 21%, according to new SEC filings released on Friday. That said, its Bitcoin allocation via BlackRock’s IBIT remained its largest publicly disclosed position at more than $265 million.
Interestingly, despite selling Bitcoin, Harvard opened a nearly 4 million ETHA share position to allocate $86 million to Ethereum.
Considering the fund also trimmed its gold ETF (GLD) holdings by about 5% in the same quarter, it’s interesting to square selling Bitcoin and adding Ethereum. That may echo the tokenization thesis that many power players on Wall Street have. If you recall, it’s why Farrell is more constructive on Ethereum — that tokenizing more assets on Ethereum likely leads to faster appreciation than the wavering “digital gold” narrative that Bitcoin has long sold.
Digital Asset Flows Hold Steady
One closely watched metric — digital asset inflows/outflows — continued to show declines, but at a more tepid pace. CoinShares calculated $173 million in net outflows last week from digital asset products, including crypto ETFs.
While that technically notches four consecutive weeks of outflows totaling $3.74 billion, it’s an improvement from the beginning of the selling wave.
Mr. Wonderful Wins $2.8 Million From “BitBoy”
In signs of just how “down bad” some in crypto are as institutions take over crypto, Shark Tank host Kevin O’Leary just won a $2.8 million defamation suit against one-time crypto influencer “BitBoy.”
BitBoy, who rose to fame as crypto’s version of Alex Jones, got himself into trouble after harassing O’Leary and calling him a murderer, per The Block:
The case centers on a string of posts Armstrong made on X in late March 2025, in which he accused O'Leary, known on Shark Tank as "Mr. Wonderful," and his wife of being murderers and alleged they paid millions to conceal their involvement in a fatal 2019 boating accident. In that incident, two people died when O'Leary's boat struck another vessel on a lake in Ontario. O'Leary was a passenger and was never charged. His wife, Linda O'Leary, was charged with careless operation of a vessel but was exonerated after a 13-day trial.
That’s yet another fall from grace for BitBoy, who was already publicly caught in an affair and fired from the crypto media brand he worked with before he lost his Lamborghini. (Again, down bad.) After being arrested in June of last year, and losing this defamation suit, he now also faces two felony counts of five to 10 years each.
Come Kick It At ETHDenver
For those heading out to ETHDenver, Coinage is hosting a happy hour at the Denver Press Club — the oldest press club in America, alongside our friends at the Association of Crypto Journalists and Researchers and Genius PR. Enjoy drinks on us!