Analysis

Dogwifhat (WIF) price jumps 60% as meme coin market rebounds, but pullback signs appear

Dogwifhat (WIF) price jumps 60% as meme coin market rebounds, but pullback signs appear

Dogwifhat (WIF) has surged 60% in a week and 21% in 24 hours. Derivatives volume has soared to $1.06B, and the open interest has risen to $301M. The 14-day RSI is above 72, indicating overbought conditions. Dogwifhat (WIF) rose sharply, gaining 60% over the past week and 21% in the last 24 hours, reflecting heightened […]

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STX price jumps 16% as traders brace for reversal, RSI hits 74

STX price jumps 16% as traders brace for reversal, RSI hits 74

Coinglass shows a long/short ratio of 0.95, indicating bearish sentiment. STX could fall to $0.47 if correction unfolds. Resistance at $1.07 is the next key test for bulls. Stacks (STX) has emerged as the strongest performer in the crypto market over the past 24 hours, registering a 16% surge in its price. The jump has

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Stablecoins entering mainstream adoption, poised for trillion-dollar market cap by 2030 – Citi

Stablecoins entering mainstream adoption, poised for trillion-dollar market cap by 2030 – Citi

The stablecoin sector is entering a period of accelerated adoption comparable to the early growth of generative artificial intelligence (AI) tools like ChatGPT and could hit a market cap of over $1.6 trillion by 2030. According to a new report published on April 24 by Citi Group’s Global Perspectives & Solutions unit, stablecoins are now

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Bitcoin Surpasses Google, Becomes 5th Largest Asset

Bitcoin Surpasses Google, Becomes 5th Largest Asset

Bitcoin briefly overtook Google’s parent company, Alphabet, to become the 5th largest asset in the world by market cap for the first time, trailing only behind gold, Apple, Microsoft and Nvidia. CompaniesMarketCap This happened on Wednesday morning, when bitcoin’s market cap rose to $1.871 trillion, coinciding with Alphabet’s brief drop to $1.859 trillion following its

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Onyxcoin (XCN) price up 14% to alt=

Onyxcoin (XCN) price up 14% to $0.01945, but negative funding rate signals trouble

Key support level at $0.0182 remains at risk. Negative funding rate indicates rising short bets. The funding rate for XCN futures has recently turned negative, a signal that more traders are opening short positions. Onyxcoin (XCN) is trading at $0.01945 at the time of writing, showing a 24-hour gain of 14%. But this uptick has

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Bitcoin ETFs See Biggest Inflows Since January

Bitcoin ETFs See Biggest Inflows Since January

Bitcoin exchange-traded funds (ETFs) in the U.S. just had their biggest day of inflows in nearly three months, and investors are loving it. According to data from Farside Investors, U.S.-listed Bitcoin ETFs brought in $381.3 million on April 21, and $912.7 million on April 22. Bitcoin ETFs stats That’s the biggest single-day inflow since January

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Trump has ‘no intention’ of firing Jerome Powell as Bitcoin hits k, oil rises, gold falls

Trump has ‘no intention’ of firing Jerome Powell as Bitcoin hits $94k, oil rises, gold falls

Bitcoin continued its upward trajectory Tuesday, reaching $94,205 and capping an 11.8% gain over six days. The move coincided with a broad asset rally following the White House’s softened language on Federal Reserve policy and U.S.-China trade tariffs. Powell safe, tariff chill President Trump stated Tuesday that he had “no intention” of dismissing Federal Reserve

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Bitcoin poised for breakout as US Term Premium hits 12-Year high – StanChart

Bitcoin poised for breakout as US Term Premium hits 12-Year high – StanChart

Standard Chartered’s global head of crypto research, Geoffrey Kendrick, believes Bitcoin (BTC) has yet to price in growing signs of systemic risk despite strengthening its case as a hedge in recent weeks. In an April 22 client note, Kendrick warned that political pressure on the US Federal Reserve is driving bond market stress that could

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Early-stage crypto investors face 50% average loss on locked positions

Early-stage crypto investors face 50% average loss on locked positions

Locked token holders have experienced an average drawdown of nearly 50% for their locked positions compared to over-the-counter (OTC) valuations in May 2024. According to data published by STIX founder Taran Sabharwal on April 22, holders could have exited their positions at double the current spot prices the previous year. Sabharwal shared data comparing fully

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Pi Network can still hit  despite 8M token unlock, says analyst

Pi Network can still hit $5 despite $138M token unlock, says analyst

The over $$138.252 million Pi Network token unlock on over the next 30 days may pressure Pi’s price. Whales have moved 41M PI off exchanges, hinting at a rebound. Analysts predict $5 target with market and ecosystem growth. Pi Network token has had a rough patch recently, with the Pi Network price dipping 80% from

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