Category: Market Analysis
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SOL Open Interest Jumps 20% As Traders Eye Rally To $100
[ad_1] Key takeaways: Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers. Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to $100. Solana’s native token SOL (SOL) gained 10% within five days, reaching a three-week high on Friday.…
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Pepe (PEPE) surges 9%, drawing interest from whales
[ad_1] Key takeaways PEPE is up 9% in the last 24 hours, making it one of the best performers among the top 50 cryptocurrencies by market cap. The rally comes amid renewed interest from whales and retail investors. Pepe (PEPE) has extended its gains by roughly 9% at press time on Thursday, as the broader…
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PI steadies at $0.1770 amid core team’s mainnet upgrade plans
[ad_1] Key takeaways Pi Network’s PI token holds steady at $0.1730, up 4.5% from the previous day. The Pi Core Team’s upgrade to enable smart contracts, with a deadline set for April 27, is a potential catalyst. Pi Network’s PI token has managed to hold steady around $0.1770 as of Friday, adding a 4.5% gain…
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Strategy shares surge above $170 amid Bitcoin price rebound
[ad_1] Strategy Inc., the company formerly known as MicroStrategy that has essentially become a publicly traded Bitcoin fund, saw its stock price climb near $170 on April 17. That’s a 15% daily jump that pushed shares decisively above the $160 level for the first time in weeks. The move comes as Bitcoin itself recovers from…
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Circle Internet Group faces class action over failure to stop Drift Protocol exploit funds
[ad_1] Circle is accused of failing to freeze exploit-linked transfers. Approximately $230 million in stolen funds was routed through Circle’s USDC. Drift plans $147.5 million recovery backed by future revenue. Circle Internet Group, the issuer of the USDC stablecoin, is facing a class action lawsuit over its alleged failure to stop the movement of stolen…
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(CAKE) tops $1.60, bullish sentiment grows amid rising Open Interest
[ad_1] Key takeaways PancakeSwap is holding above the key support level at $1.55, hinting at an upside move ahead. Rising open interest alongside positive funding rates signals increasing participation. PancakeSwap (CAKE) is trading in the green above $1.60 on Thursday after finding support around this key level the previous day. Positive derivatives data, along with…
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WLFI token outlook as 4.52B burn, 62.28B unlock reshape tokenomics
[ad_1] World Liberty Financial is reshaping WLFI token supply. About 4.52 billion insider tokens may be burned if the vote passes. WLFI token price stays volatile, driven by governance vote expectations. World Liberty Financial’s WLFI token has been in the spotlight after a major governance proposal that is expected to reshape the token’s supply structure.…
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Stocks surge toward record highs as dollar weakens on Iran diplomacy hopes
[ad_1] Wall Street is having one of those days where everything clicks. The S&P 500 climbed to 6,993, putting a record close above 7,000 within arm’s reach, as the US dollar tumbled to six-week lows on renewed hopes for diplomatic progress with Iran. Crypto, meanwhile, watched the party from across the street. Bitcoin held steady…
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Hedera (HBAR) risks dropping to February lows if $0.08 gives way
[ad_1] Hedera (HBAR) price is hovering near a fragile $0.08 support cluster. Losing $0.08 could open a move toward $0.07842 or lower. Upside only improves if the $0.0942 resistance is reclaimed. Hedera’s price has been drifting lower again, and the latest price action is starting to circle a level that traders are watching very closely.…
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Chainlink price analysis: can bulls push LINK above $10 amid crypto gains?
[ad_1] Chainlink price rose to highs of $9.42 as LINK mirrored broader gains. Bitcoin’s surge to $74,500 could embolden LINK bulls to challenge resistance around $10. The supply zone has capped upside for months. Chainlink (LINK) price is once again pressing into the robust supply zone near $10, with intraday gains to $9.42 outlining bulls’…