Near Protocol (NEAR) joined Bitcoin Cash (BCH) as a top performer, rising 3.7% from Wednesday.
Coinbase International’s Bermuda‑licensed derivatives exchange processed nearly $100 billion in Bitcoin perpetual futures volume last week.
The Stellar blockchain has made new partnerships with Paxos, Ondo, Etherfuse and SG Forge.
A year after its launch, the Ethereum restaking protocol is rolling out the critical accountability measure meant to address lingering security concerns.
Mantra’s recent token collapse highlights an issue within the crypto industry of fluctuating weekend liquidity levels creating additional downside volatility, which may have exacerbated the token’s crash.The Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported.While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights some crucial issues for the crypto industry, according to Gracy Chen, CEO of the cryptocurrency exchange Bitget.“The OM token crash exposed several critical issues that we are seeing not just in OM, but also as an industry,” Chen said during Cointelegraph’s Chainreaction daily X show, adding:“When it’s a token that’s too concentrated, the wealth concentration and the very opaque governance, together with sudden exchange inflows and outflows, [...] combined with the forced liquidation during very low liquidity hours in our industry, created the big drop off.”????️ CEXs hit with outages as AWS runs into trouble. The question is, do we need more decentralization? Today, @RKBaggs and @ZVardai are joined by @GracyBitget, CEO of @Bitgetglobal on #CHAINREACTION to unpack the problem!https://t.co/OPoyu1IORC— Cointelegraph (@Cointelegraph) April 15, 2025Related: Google to enforce MiCA rules for crypto ads in Europe starting April 23At least two wallets linked to Mantra investor Laser Digital were among 17 wallets that moved a combined 43.6 million OM tokens — worth about $227 million at the time — to exchanges before the crash, the blockchain analytics platform Lookonchain reported on April 13, citing Arkham Intelligence data.However, Mantra CEO John Mullin denied the allegations related to large-scale token transfers from Mantra investors, Cointelegraph reported on April 14.Mantra released a post-crash statement on April 16, reiterating that the OM crash didn’t involve token sales by the project itself and that the Mantra team continues investigating the incident. The report did not explain the rapid movement of OM tokens to exchanges and subsequent liquidations.Related: UFC boss Dana White becomes VeChain adviser to push blockchain mainstreamExchange movements point to strong “insider dumping” signalWhile the exact reason behind the collapse remains unclear, Mullin attributed the crash to “massive forced liquidations” on centralized exchanges during low-liquidity hours on Sunday.Mullin told an X user that the Mantra team believes one exchange “in particular” is to blame, but said the team was still “figuring out the details,” and specified that the exchange in question is not Binance. “I think OKX was the main exchange being accused of so-called liquidations,” said Chen, adding that the large transfers to multiple exchanges raised significant red flags. She added:“I did look at the onchain data, which revealed that there were millions of OM tokens moved to centralized exchanges. That’s a very strong signal of insider dumping.”Weekend liquidity issues have impacted even major cryptocurrencies like Bitcoin (BTC).The lack of weekend trading volume, combined with Bitcoin’s 24/7 liquidity, resulted in Bitcoin’s correction below $75,000 on Sunday, April 6, Cointelegraph reported.The April 6 correction may have occurred due to Bitcoin being the only large tradable asset over the weekend available for de-risking amid global trade war concerns, Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock, told Cointelegraph.Magazine: Illegal arcade disguised as … a fake Bitcoin mine? Soldier scams in China: Asia Express
The Converge chain is set to have fast blocktimes, let users pay gas fees in Ethena's tokens and support both permissionless and permissioned apps, the teams said.
Binance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on Financial Times, Binance CEO Richard Teng disclosed that multiple countries have approached the exchange for its expertise in navigating crypto-related initiatives. According to him: “We have actually received quite a number of approaches […]
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As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization.Polygon is working with Jio, a telecom giant owned by India’s richest man, Mukesh Ambani, to find ways to infuse blockchain technology into its existing services. The duo is currently adding blockchain-based capabilities to the JioSphere web browser, which would have been expensive, cumbersome and time-consuming via traditional methods.“We’re building at an insane pace, onboarding massive partners, and pushing blockchain into the mainstream, but with that growth comes the responsibility to make sure we’re doing it the right way,” Polygon’s co-founder, Sandeep Nailwal, said while discussing Polygon’s India-focused initiatives with Cointelegraph. Preserving decentralization while ensuring system scalability“Scalability and decentralization don’t have to be either-or, and that’s exactly the balance we’re focused on at Polygon,” Nailwal said as he underscored the importance of keeping the core values of blockchain intact: security, transparency and decentralization.At the same time, Nailwal revealed that Polygon is investing heavily in zero-knowledge technology to make scaling more seamless across the ecosystem. “The goal is to give developers and users the best of both worlds: faster, cheaper transactions without compromising trust or decentralization,” he added.As a result of delivering the combination of low fees, fast transactions and decentralized security, Polygon is already powering some of the most active use cases in Web3, from stablecoin payments on Polygon PoS to real-world tokenization with major institutions: “The key challenge is making blockchain as seamless and accessible as Web2 without compromising what makes it special. That’s why we’re all-in on ZK technology and Agglayer, which let us scale while keeping the ecosystem trustless and interoperable.”Bringing blockchain tech to millions of usersAccording to Nailwal, a one-size-fits-all approach does not work when onboarding 450 million users from India’s diverse population. “We’ll be working closely with Jio to develop use cases that truly resonate with their users, and gradually onboard them onto the chain based on these real-world applications,” he added.Nailwal said that developers never have to compromise on the fundamentals, as Polygon’s infrastructure can scale without sacrificing what makes blockchain powerful in the first place:“What excites me most is that we're moving beyond technical discussions about blockchain to solving real problems for real people. These are the use cases that will drive the next wave of adoption.”“At the end of the day, it’s about more than just technology. We’re here to create a decentralized future that billions of people can actually use. And while that’s a massive challenge, it’s also what excites me the most,” Nailwal said.Related: Indian town adopts Avalanche blockchain for tamper-proof land recordsReal-world problem solving will drive the next wave of adoptionRising threats driven by artificial intelligence tools, including deepfakes and other misinformation campaigns, are another use case blockchain technology can help solve. Nailwal said that the escalating threat of misinformation and growing consumer insistence on trusted sources will eventually result in an uptick of blockchain-based verification tools.Additionally, Nailwal highlighted the growing relevance of Polymarket, a cryptocurrency-based prediction market, in mainstream finance and reporting. “Polymarket’s success is exactly what we’ve been working toward,” he said, adding:“Prediction markets are proving to be incredibly valuable tools for finance, risk assessment, journalism and even governance. They pull in insights from a wide range of sources, often making them more reliable than traditional polling.”Nailwal is placing his full bet on blockchain’s immutable nature to transform economic forecasting, policy-making and journalism, among others.Magazine: Your AI ‘digital twin’ can take meetings and comfort your loved ones
Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, reducing the protocol’s total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked a total of 14,929 Bitcoin (BTC) from the staking platform. The security firm flagged four addresses that had unstaked 299 BTC, 499 BTC, 1,000 BTC and 13,129 BTC. One address held a majority of the unstaked assets worth $1.1 billion. With BTC prices hovering at around $84,400, the total unstaked BTC was worth about $1.26 billion.The unstaking event saw Babylon’s total value locked (TVL) drop by 32%. According to data tracker DefiLlama, Babylon’s TVL declined from $3.97 billion to $2.68 billion after the unstaking.Source: LookonchainUnstaked Bitcoin may be “staked back” to Babylon Community members are speculating on who was behind the unstaking. One X user suspected that the Bitcoin may belong to the Chinese government, while another said the move may simply be a rotation, risk-off, or a trader getting liquid.While it’s unclear who’s behind the four addresses cited by Lookonchain, the fund movements could be related to a transition initiated by the decentralized finance (DeFi) protocol Lombard Finance. At the time of the unstaking, Babylon Labs retweeted an announcement from Lombard, saying it was unstaking Bitcoin as part of a transition to a new set of finality providers. Lombard Finance said it timed the unstaking with the end of Babylon’s phase 1 cap 1 on April 24 so users would not miss out on rewards. The protocol said it would stake the assets back. “All of this BTC will be staked back into Babylon as soon as the unbonding is complete,” Lombard Finance wrote. Cointelegraph reached out to Babylon Labs for comments but did not get a response by publication.Related: Bitcoin L2 ’honeymoon phase’ is over, most projects will fail — Muneeb AliBitcoin unstaking follows BABY airdropThe massive unstaking event follows a Babylon airdrop for early adopters. On April 3, Babylon announced the details of its early adopters airdrop program. The airdrop was allocated for its Phase 1 stakers, non-fungible token (NFT) holders and developers. The protocol allocated 600 million BABY tokens for the airdrop event. Following the airdrop, $21 million in BTC was unstaked from the protocol. Bitlayer co-founder Kevin He previously told Cointelegraph that this was a common short-term market behavior representing early redemption. Babylon is one of the largest Bitcoin DeFi players in the space, with a TVL reaching over $6 billion in December. Babylon co-founder Fisher Yu previously told Cointelegraph that the platform allows staking to be a native use case for Bitcoin, eliminating the need to trust another party while staking. Magazine: Your AI ‘digital twin’ can take meetings and comfort your loved ones
A recently released DOJ memo marks a significant policy change and could have ramifications for cryptocurrency cases, sources say.
XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support. The most recent developments for XRP have been the ETF filings that suggest it might be the next altcoin to get an SEC nod after Ethereum. The number of filings also puts it well ahead of investor favorites such as Solana and Dogecoin in the running for the next ETF approval. XRP ETF Filings Climb To 10 XRP ETF filings have been coming out of the market over the past year, especially with the approvals of Ethereum Spot ETFs. These ETFs are expected to give institutional investors an official vehicle to get proper exposure to the market. As Bitcoin and Ethereum ETFs have been done and dusted, issuers have looked to other large cap altcoins to bring into the market. Related Reading: Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April The next favorites on the list have been XRP, in addition to heavy hitters such as Solana, Dogecoin, and Litecoin. However, in the race, XRP has clearly differentiated itself in terms of interest, boasting twice as many filings as any other altcoin. According to data from Kaito Research, there are currently 10 XRP ETF filings pending approval or rejection from the SEC. In contrast, there are five Solana ETF filings, 3 Litecoin filing, and 3 Dogecoin filings. This shows clearly that interest in XRP as the next altcoin to gain ETF approval is the highest. Additionally, the SEC has acknowledged the XRP ETF filings from industry leaders such as Grayscale. There are also filings from ProShares, Franklin Templeton, Bitwise, 21Shares, among others. However, BlackRock has not made a move to file for an XRP ETF despite leading the Bitcoin and Ethereum ETF campaigns. Nevertheless, the filings for XRP ETFs remain a big deal for the altcoinm and their approval could trigger another wave of price hikes. ETFs And The SEC Battle Conclusion For many, the major hindrance to an SEC approval of an XRP ETF was the ongoing battle between the crypto firm and the regulator, which began in 2020. However, in March 2025, Ripple CEO Brad Garlinghouse announced that the case was officially over. Related Reading: Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71 With this development, expectations that the regulator will look favorably upon an XRP ETF are high. If the ETFs are approved, even with a fraction of the Bitcoin ETF volumes, the XRP price is expected to explode in response, with some analysts predicting that the altcoin’s price could rise to the double-digits. Featured image from Dall.E, chart from TradingView.com
Major exchanges Binance and Bybit have already integrated the SDK, which routes staked BTC into Lombard’s DeFi Vault.
The crypto market had a mixed day on Thursday after U.S. Federal Reserve Chair Jerome Powell warned that new tariffs could slow down economic growth and increase inflation. His comments added a layer of uncertainty to the market. Bitcoin rose slightly to $84,312, while Ethereum also made a small gain to $1,596. The overall crypto …
XRP's recent price movement suggests a possible re-test of lows around $1.6, despite its strong order book depth.
Ethereum has posted a strong recovery over the past week. On April 9 alone, the ETH market saw a growth of 8.24%. In the last 24 hours, the market has surged by over 1.5%. However, fresh on-chain data shows a disturbing trend – an unusually large influx of ETH to derivatives exchanges. Is another price …
Your day-ahead look for April 17, 2025
U.S. President Donald Trump slammed Fed Chair Jerome Powell on Thursday, saying he’s “always too late and wrong” for not cutting interest rates. Trump believes the Fed should have acted way sooner to support the economy. He notes that the European Central Bank might have already cut rates multiple times while Powell has been slow …
Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries worldwide, its CEO, Richard Teng, reportedly said.Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17.“We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT.Teng did not name any countries but said that the United States is “way ahead on that front.”US fuels global crypto reserve spreeAccording to Teng, the main reason for governments approaching Binance for help in handling potential strategic reserves is the new crypto-friendly agenda in the US.Teng referred to key US crypto policy developments, such as discussions around creating a national Bitcoin reserve and digital asset stockpile. Earlier this year, Trump signed an executive order to establish a Strategic Bitcoin Reserve seeded with BTC forfeited in federal criminal and civil cases.Binance founder Changpeng Zhao (on the left) next to Pakistan’s deputy prime minister Mohammad Ishaq Dar and Pakistan Crypto Council CEO Bilal bin Saqib. Source: Pakistan governmentWhile governments of Pakistan and Kyrgyzstan have announced collaboration with Binance and former CEO Changpeng Zhao on crypto regulations in the past few weeks, none of the jurisdictions mentioned crypto reserve plans on their agenda.Binance shifts stance on headquartersAs Binance deepens its involvement in efforts to help countries set up crypto reserves and regulations, it appears to have shifted away from its no-formal-headquarters approach under Zhao.According to Teng, Binance is “working very hard” on plans for a global headquarters for the exchange.Related: Crypto Biz: Ripple’s ‘defining moment,’ Binance’s ongoing purge“It requires serious deliberation and the board and the senior management are spending a lot of time doing the evaluation,” Teng reportedly said, adding: “Hopefully we are able to announce our intentions on that front.”Source: Changpeng “CZ” ZhaoIn 2019, Zhao said that offices and headquarters are “old concepts like SMS and MMS.”The shift comes as more jurisdictions adopt clearer frameworks for regulating crypto businesses. Binance was subject to heavy scrutiny and investigations by multiple governments in 2020.Cointelegraph approached Binance for comment regarding its crypto policy collaboration with governments worldwide, but did not receive a response by the time of publication.Magazine: How crypto laws are changing across the world in 2025
Coinbase-backed Layer-2 network Base is under fire from the crypto community after promoting a so-called “Content Coin” that lost nearly all its value shortly after launch. The controversy began on April 16 when Base shared a tokenized version of its “Base is for Everyone” post on Zora, a decentralized content-sharing platform, through its official X […]
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In a surprising move, Bitcoin has taken a different course as it moved away from US stock trends this week. This could be a sign that the once-strong link between crypto and equities may be fading. Gold has already started moving independently and setting records. Notably, it has set 12 new daily records this year. …
Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.”In a post on X on April 16, popular trading and analytics account Cryptollica predicted BTC/USD copying gold to hit new all-time highs next.Analysis sees key BTC price similarities to goldBitcoin has made the headlines for its inability to follow in gold’s record-breaking footsteps in 2025.While XAU/USD continues to see repeated record highs, BTC/USD is down 9.3% year-to-date, data from Cointelegraph Markets Pro and TradingView shows.BTC/USD 1-day chart. Source: Cointelegraph/TradingViewDespite calls for an imminent “blow-off top” for gold, Bitcoin bulls hope that after a delay of several months, its “digital” equivalent will follow suit.For Cryptollica, this means BTC/USD breaking out of a consolidatory wedge structure to swiftly reclaim six figures — and more.“Bitcoin midterm target: 155K $,” it told X followers.XAU/USD vs. BTC/USD. Source: Cryptollica/XBTC price performance already has various potential tailwinds at its disposal, all of which have fueled bull runs in the past.As Cointelegraph reported, these include a declining US dollar index (DXY) and all-time highs in the global M2 money supply.Bitcoin “remarkably impressive” during trade warContinuing, onchain analytics firm Glassnode argued that despite the price performance disparity, Bitcoin and gold have weathered the current macroeconomic storm remarkably well.Related: Can 3-month Bitcoin RSI highs counter bearish BTC price 'seasonality?'“Amidst this turmoil, the performance of hard assets remains remarkably impressive,” it summarized in the latest edition of its regular newsletter, “The Week Onchain,” published on April 16. “Gold continues to surge higher, having reached a new ATH of $3,300, as investors flee to the traditional safe haven asset. Bitcoin sold off to $75k initially alongside risk assets, but has since recovered the weeks gains, trading back up to $85k, now flat since this burst of volatility.”XAU/USD vs. BTC/USD (screenshot). Source: GlassnodeGlassnode said that gold and BTC are “increasingly entering the centre stage as global neutral reserve assets.”In terms of the BTC price drawdown, analysts stressed the fact that by historical standards, the dip versus all-time highs remains modest at around 30%.“In prior macroeconomic events like last week, Bitcoin has typically experienced greater than -50% sell-offs in such events, which highlights a degree of robustness of modern investor sentiment towards the asset during unfavourable conditions,” it wrote, referring to the ongoing US-China trade war.Bitcoin bull market drawdowns (screenshot). Source: GlassnodeThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
The cryptocurrency market is still recycling old narratives, with few new trends yet to emerge and replace the dominant themes in the first quarter of 2025.Artificial intelligence tokens and memecoins were the dominant crypto narrative in the first quarter of 2025, accounting for 62.8% of investor interest, according to a quarterly research report by CoinGecko. AI tokens captured 35.7% of global investor interest, overtaking the 27.1% share of memecoins, which remained in second place.Out of the top 20 crypto narratives of the quarter, six were memecoin categories while five were AI-related.AI tokens, memecoins, were leading crypto narratives in Q1 2025: CoinGecko“Seems like we have yet to see another new narrative emerge and we are still following past quarters’ trends,” said Bobby Ong, the co-founder and chief operating officer of CoinGecko, in an April 17 X post. “I guess we are all tired from the same old trends repeating themselves.”Related: Bitcoin still on track for $1.8M in 2035, says analystInterest in memecoins saw a sharp increase ahead of US President Donald Trump’s inauguration on Jan. 20 after his team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Official Melania (MELANIA) token on Jan. 19 on the Solana network.However, some industry watchers are concerned that memecoins are draining capital from utility tokens, such as Solana (SOL), limiting their price potential.SOL/USDT, 1-day chart. Source: Cointelegraph/TradingViewSOL has fallen by around 48% in the past three months since Trump’s inauguration, when it briefly peaked above $270, TradingView data shows.Related: Ethereum L2 development is ‘double-edged sword’ for ETH valueMemecoins “fell off a cliff” after Libra fiascoThe crypto industry took another hit after the collapse of the Libra (LIBRA) token, a memecoin endorsed by Argentine President Javier Milei, which wiped out $4 billion in market value within hours after insiders allegedly withdrew over $107 million in liquidity, causing a 94% price crash.Libra token crash. Source: Kobeissi LetterMemecoins “fell off a cliff” after the Libra scandal as the number of new tokens deployed on Solana’s Pump.fun saw a drastic fall, the report stated, adding:“Daily tokens deployed has fallen by over 56.3% from its peak in January to 31K at the end of 2025 Q1. The percentage of ‘graduated’ tokens also fell drastically to 0.7%, compared to 1.4% in 2025 January.”Memecoins deployed and graduated on Pump.fun. Source: CoinGeckoWhile the Libra scandal marked the end of the “politicam memecoin” trend, the industry’s most profitable traders are still hunting for speculative memecoin investments despite the end of the memecoin supercycle.“There was the recent meme surge and smart money is always happy to capitulate on that,” Nicolai Sondergaard, a research analyst at Nansen, told Cointelegraph, adding that memecoins may only be a “fun play” for smart investors, as they aren’t affected by the same macroeconomic concerns as Bitcoin (BTC) and Ether (ETH).At the end of March, a savvy trader turned an initial investment of just $2,000 into $43 million with the popular Pepe (PEPE) memecoin, but missed selling the top, locking in a realized profit of over $10 million, despite Pepe’s over 70% decline.Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
Ethereum transaction fees have dropped to a 5-year low, now averaging just $0.168. This decline is attributed to reduced blockchain activity, with fewer users engaging in ETH transfers or smart contract interactions. Analysts believe global economic uncertainty is holding traders back. However, there’s hope that the upcoming Pectra network upgrade could boost Ethereum’s usage and …
Over the past two weeks, Bitcoin has faced steady selling pressure. Between April 5 and 8 alone, the BTC market has slipped by no fewer than 9.01%. Currently, the Bitcoin price sits at just 2.48% above where it was at the start of this month. On-chain data from CryptoQuant reveals that short-term holders and smaller …
Changpeng “CZ” Zhao, former CEO of Binance, stated Thursday that he had encountered an AI-generated video that replicated his voice so accurately that he could not distinguish it from a real recording. The post, shared via X, featured an AI voice-over of Zhao speaking Mandarin, matching his facial movements with a precision he described as […]
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Galaxy Digital CEO warns U.S. market is starting to behave like an emerging economy amid rising rates and soaring debt.
After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT’s party won’t continue until the $5 resistance is reclaimed. Related Reading: Is The Storm Over For Ethereum? Analyst Says ‘Face-Melting’ Rally Comes Next Aptos Trades In ‘No Man’s Land’ Over the past two weeks, Aptos has seen its price drop to its lowest levels in two years, falling below the $4 mark for the first time. The cryptocurrency has been trading within the $5.45-$17 price range since 2023, maintaining the Macro Range lows until the March corrections. Notably, APT had tested this key level twice before, but closed below its Macro Range for the first time last month. Analyst Rekt Capital noted that the cryptocurrency has historically developed bases around these levels “in the form of downside wicks for three-month periods,” seemingly forming one for the third time with its current downtrend. Amid the early April recovery, the analyst noted that Aptos was forming a lower timeframe bullish divergence as its Relative Strength Index (RSI) was forming Higher Lows despite the downside deviation. Nonetheless, he warned about “the dangers of a higher timeframe bearish retest for APT.” Since then, Aptos has “followed through on that bearish retest and rejected from the previous Macro Range Low, treating it as resistance.” After the rejection, APT’s price retraced 26% to the $3.9 support, where it “found some liquidity” and bounced to the $4.2-$4.5 range. “However, still, the confirmation for a trend reversal isn’t there just yet,” he explained, adding that Aptos must reclaim the Macro Range Lows or it would risk further bleeding. APT needs to reclaim the $5.44 Range Low level as support to confirm that it is ready to resynchronise with its prior range and try to position itself to challenge for higher prices. Without that confirmation, the risk is a little bit too steep because APT is in the middle of no man’s land. Until then, “it will be important to watch out for signs of mounting strength in the meantime,” the analyst added. APT Party Halted? Similarly, analyst Sjuul from AltCryptoGems considers that there will be “no party on APT” until it reclaims the $5 resistance, which it has been unable to recover for the past two weeks. “As long as we stay below the $5 level, unfortunately, it’s just a bearish retest,” he asserted. Meanwhile, another market watcher pointed out that APT has been moving within a falling wedge pattern for the past five months, with a breakout “imminent.” However, the analyst affirmed that this week’s performance could determine whether the pattern will break out, as it needs to reclaim the $5 resistance and surge above $5.4. Related Reading: On The Brink: Ethereum Challenges Descending Channel, Targets $3,000 Price Rekt Capital noted that Aptos has revisited the 35 Relative Strength Index (RSI) during its recent performance, “which has historically been a key region in facilitating basing periods from which price would reverse to the upside over time.” With APT at this level, the RSI would need to break its multi-week RSI Downtrend to “confirm a sign of emerging strength in price, building out a bottoming-out area here. Until then, it is a waiting game for the most part.” As of this writing, APT trades at $4.5, a 1% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Despite a bullish altcoin market, mantra (OM) crashed 90% in 7 days, from ~$6.41 to ~$0.69. Speculation of stealth dumping or forced liquidations due to large pre-crash transfers to exchanges. Analysts cite centralized exchange dominance, thin liquidity, and automated liquidations, not a rug pull. Technical indicators remain bearish with OM below $0.70, low RSI (36.97), …
Eliza Labs has launched a pump.fun-style launchpad called auto.fun, enabling users to deploy complex AI agents without any technical skills.
The second quarter of 2025 began with a shakeup for the crypto market, as President Donald Trump’s new tariff policies have already sent shockwaves through global financial systems. These tariffs, which could lead to fresh trade tensions with China post the 90-day pause, are creating panic among investors. However, the expectations of a crypto-friendly president …