Debate as Solana briefly flips Ethereum in staking market cap
Solana briefly overtook Ethereum in terms of staked token value, but there’s debate whether this is a bullish or bearish milestone.
The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana.
More than $53.9 billion worth of is now staked on the Solana network from 505,938 unique wallet holders, who are making an 8.31% annualized return, blockchain data shows.
The figure briefly overtook the staked market cap on April 20, which now has $53.93 billion worth of value secured from 34.7 million staked tokens, Beaconcha.in data shows.
Solana briefly overtook Ethereum in terms of staked token value, but there’s debate whether this is a bullish or bearish milestone.
The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana.
More than $53.9 billion worth of is now staked on the Solana network from 505,938 unique wallet holders, who are making an 8.31% annualized return, blockchain data shows.
The figure briefly overtook the staked market cap on April 20, which now has $53.93 billion worth of value secured from 34.7 million staked tokens, Beaconcha.in data shows.
Bitcoin Whales Buy $4.7 Billion BTC in A Month; Price Rises To $87,400
Bitcoin’s price recently hit a monthly high, surpassing $87,000 and marking a notable rise for the crypto king. This rally is attributed to favorable macroeconomic conditions and the increased conviction of key investors.
Despite this growth, long-term holders’ profits have dropped to a two-year low, signaling a more cautious outlook among certain market participants.
Bitcoin Whales Remain Bullish
Whale and shark addresses, which hold between 10 and 10,000 BTC, have been actively accumulating Bitcoin at lower price levels. Over the past month, these addresses have purchased approximately 53,652 BTC, worth nearly $4.7 billion. This buying spree indicates that large investors are taking advantage of Bitcoin’s recent dip, believing in the asset’s long-term potential.
Bitcoin’s price recently hit a monthly high, surpassing $87,000 and marking a notable rise for the crypto king. This rally is attributed to favorable macroeconomic conditions and the increased conviction of key investors.
Despite this growth, long-term holders’ profits have dropped to a two-year low, signaling a more cautious outlook among certain market participants.
Bitcoin Whales Remain Bullish
Whale and shark addresses, which hold between 10 and 10,000 BTC, have been actively accumulating Bitcoin at lower price levels. Over the past month, these addresses have purchased approximately 53,652 BTC, worth nearly $4.7 billion. This buying spree indicates that large investors are taking advantage of Bitcoin’s recent dip, believing in the asset’s long-term potential.
Paul Atkins, nominated by Trump, has been sworn in as SEC chair
Paul Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission.
Paul Atkins has officially been sworn in as the 34th chairman of the US Securities and Exchange Commission.
The April 21 announcement comes nearly two weeks after Atkins’ position was confirmed by the US Senate in a 52-44 vote on April 9.
“I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins, who served as an SEC commissioner between 2002 and 2008.
“As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors.”
”Together we will work to ensure that the U.S. is the best and most secure place in the world to invest and do business.”
Paul Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission.
Paul Atkins has officially been sworn in as the 34th chairman of the US Securities and Exchange Commission.
The April 21 announcement comes nearly two weeks after Atkins’ position was confirmed by the US Senate in a 52-44 vote on April 9.
“I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins, who served as an SEC commissioner between 2002 and 2008.
“As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors.”
”Together we will work to ensure that the U.S. is the best and most secure place in the world to invest and do business.”
Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions
Some cryptocurrency experts forecast Pi Network’s price to jump to $5 even as it currently trades at a mere $0.63. This bold forecast comes as whales took out about 41 million Pi Coins from exchanges within a 48-hour window.
Cryptocurrency analyst PiMigrate recently tweeted on X that Pi Network’s path to a $5 valuation “has just begun.” The analyst referenced what they called strong support at the $0.60 level, and this base could possibly push the altcoin to the lofty $5 target.
Another crypto expert, Moon Jeff, further backed the forecast with technical chart analysis. He, too, added in his update a bullish chart setup backing the aggressive target of $5.
Some cryptocurrency experts forecast Pi Network’s price to jump to $5 even as it currently trades at a mere $0.63. This bold forecast comes as whales took out about 41 million Pi Coins from exchanges within a 48-hour window.
Cryptocurrency analyst PiMigrate recently tweeted on X that Pi Network’s path to a $5 valuation “has just begun.” The analyst referenced what they called strong support at the $0.60 level, and this base could possibly push the altcoin to the lofty $5 target.
Another crypto expert, Moon Jeff, further backed the forecast with technical chart analysis. He, too, added in his update a bullish chart setup backing the aggressive target of $5.
Bitcoin Price Continues Higher—Momentum Signals More Room to Run
Bitcoin price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term.
Bitcoin found support at $85,000 and started a decent upward move.
The price is trading above $87,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $87,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $88,800 zone.
Bitcoin price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term.
Bitcoin found support at $85,000 and started a decent upward move.
The price is trading above $87,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $87,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $88,800 zone.
Fartcoin Tops $1, Hits $1 Billion Market Cap, Overtakes Bonk on Solana
Fartcoin, a memecoin built on the Solana blockchain, gained roughly 10% over the past 24 hours to trade above $1, lifting its market capitalization to more than $1 billion, according to price data shared by crypto‑market participants
Fartcoin, a memecoin built on the Solana blockchain, gained roughly 10% over the past 24 hours to trade above $1, lifting its market capitalization to more than $1 billion, according to price data shared by crypto‑market participants.
The rally pushed Fartcoin past fellow Solana‑based token Bonk to become the network’s largest memecoin by market value. Posts from traders highlighted net inflows of about six million tokens during the same period and noted an increase in leveraged positions as retail speculators bet the price could climb further.
Fartcoin, a memecoin built on the Solana blockchain, gained roughly 10% over the past 24 hours to trade above $1, lifting its market capitalization to more than $1 billion, according to price data shared by crypto‑market participants
Fartcoin, a memecoin built on the Solana blockchain, gained roughly 10% over the past 24 hours to trade above $1, lifting its market capitalization to more than $1 billion, according to price data shared by crypto‑market participants.
The rally pushed Fartcoin past fellow Solana‑based token Bonk to become the network’s largest memecoin by market value. Posts from traders highlighted net inflows of about six million tokens during the same period and noted an increase in leveraged positions as retail speculators bet the price could climb further.
Circle Debuts Stablecoin-Based Network to Reduce Costs, Delays in Global Payments
Circle takes a swing at outdated banking rails, offering a stablecoin-fueled alternative for real-time global payments
In brief
Circle has launched a new payments platform to enable 24/7 real-time global money transfers using USDC and EURC stablecoins.
The Circle Payments Network (CPN) aims to replace slow, costly cross-border payments with programmable, secure, always-on digital settlement.
Backed by over 20 design partners, CPN targets invoice payments, remittances, treasury services and payroll.
Circle, the company behind the USDC stablecoin, has unveiled an infrastructure platform aimed at modernizing cross-border payments by allowing banks and financial institutions to move money instantly, 24/7, using fully reserved digital dollars (USDC) and euros (EURC).
Circle takes a swing at outdated banking rails, offering a stablecoin-fueled alternative for real-time global payments
In brief
Circle has launched a new payments platform to enable 24/7 real-time global money transfers using USDC and EURC stablecoins.
The Circle Payments Network (CPN) aims to replace slow, costly cross-border payments with programmable, secure, always-on digital settlement.
Backed by over 20 design partners, CPN targets invoice payments, remittances, treasury services and payroll.
Circle, the company behind the USDC stablecoin, has unveiled an infrastructure platform aimed at modernizing cross-border payments by allowing banks and financial institutions to move money instantly, 24/7, using fully reserved digital dollars (USDC) and euros (EURC).
Bitcoin Surges to 6-Week High at $89K as Dominance Hits 4-Year Peak
Bitcoin has continued its upward march this week, tapping a six-week high of $88,900 during Tuesday morning trading in Asia.
It is the highest the asset has been since March 7, according to CoinGecko, and represents a gain of 18% since its 2025 low of $75,000 earlier this month.
As reported by CryptoPotato, Bitcoin appears to have re-correlated with gold, which hit an all-time high just below $3,500 per ounce this week as investors flock to safe-haven assets.
Bitcoin has continued its upward march this week, tapping a six-week high of $88,900 during Tuesday morning trading in Asia.
It is the highest the asset has been since March 7, according to CoinGecko, and represents a gain of 18% since its 2025 low of $75,000 earlier this month.
As reported by CryptoPotato, Bitcoin appears to have re-correlated with gold, which hit an all-time high just below $3,500 per ounce this week as investors flock to safe-haven assets.
Fartcoin flips Bonk to become number 2 Solana memecoin by market cap
Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.
Fartcoin has rallied over 15% in the past 24 hours, smashing through the $1 psychological resistance to trade at $1.06 at press time. With this rally, Fartcoin’s market cap has surged past $1 billion, overtaking Bonk (BONK), which currently sits at around $980 million.
FARTCOIN breakout comes as no surprise as its price action has been on fire recently as it broke out of the $0.40 – $0.55 range where it has been consolidating from March 29 to April 9. The memecoin staged a powerful breakout on April 9, marked by a spike in volume that drove the price to an intraday high of $0.78. The momentum continued, with the price hitting $0.97 on April 11 before pulling back slightly into a brief consolidation phase.
Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark.
Fartcoin has rallied over 15% in the past 24 hours, smashing through the $1 psychological resistance to trade at $1.06 at press time. With this rally, Fartcoin’s market cap has surged past $1 billion, overtaking Bonk (BONK), which currently sits at around $980 million.
FARTCOIN breakout comes as no surprise as its price action has been on fire recently as it broke out of the $0.40 – $0.55 range where it has been consolidating from March 29 to April 9. The memecoin staged a powerful breakout on April 9, marked by a spike in volume that drove the price to an intraday high of $0.78. The momentum continued, with the price hitting $0.97 on April 11 before pulling back slightly into a brief consolidation phase.
Solana News: Upexi Reveals $100M SOL Reserve, Stock Soars 335%
Story Highlights
Upexi's stock surged 335% after announcing a $100M raise to establish a Solana-backed corporate treasury.
Upexi's crypto move, supported by major players, mirrors a growing trend of companies like Strategy and MetaPlanet.
The significant investment in Solana by Upexi and others highlights increasing institutional interest in the blockchain's potential.
Upexi, a Nasdaq-listed consumer goods company, just made a major move into the crypto space – and investors are paying attention. The company’s stock surged 335% after it revealed plans to build a Solana-backed corporate treasury funded by a $100 million raise.
Shares soared from $2.28 to $9.89, a level not seen in over a year. At one point, the stock briefly hit $22, driven by excitement around the company’s shift into digital assets.
Story Highlights
Upexi's stock surged 335% after announcing a $100M raise to establish a Solana-backed corporate treasury.
Upexi's crypto move, supported by major players, mirrors a growing trend of companies like Strategy and MetaPlanet.
The significant investment in Solana by Upexi and others highlights increasing institutional interest in the blockchain's potential.
Upexi, a Nasdaq-listed consumer goods company, just made a major move into the crypto space – and investors are paying attention. The company’s stock surged 335% after it revealed plans to build a Solana-backed corporate treasury funded by a $100 million raise.
Shares soared from $2.28 to $9.89, a level not seen in over a year. At one point, the stock briefly hit $22, driven by excitement around the company’s shift into digital assets.
El Salvador sets ambitious AI goals with national lab launch amid NVIDIA deal
El Salvador's AI lab with NVIDIA aims to transform healthcare, education, and economy through sovereign technological advancements.
El Salvador is taking a significant step toward establishing itself as a regional hub for artificial intelligence (AI).
On April 21, the country’s Bitcoin Office announced that the Central American country had signed a letter of intent (LOI) with leading AI firm NVIDIA to develop sovereign AI capabilities. The agreement will pave the way for El Salvador’s first national AI Lab.
Bitcoin Office Director Stacy Herbert revealed that the initiative will focus on building domestic AI infrastructure and training local talent. She described the AI Lab as a first-of-its-kind project aligned with the country’s broader vision of technological self-sufficiency.
El Salvador's AI lab with NVIDIA aims to transform healthcare, education, and economy through sovereign technological advancements.
El Salvador is taking a significant step toward establishing itself as a regional hub for artificial intelligence (AI).
On April 21, the country’s Bitcoin Office announced that the Central American country had signed a letter of intent (LOI) with leading AI firm NVIDIA to develop sovereign AI capabilities. The agreement will pave the way for El Salvador’s first national AI Lab.
Bitcoin Office Director Stacy Herbert revealed that the initiative will focus on building domestic AI infrastructure and training local talent. She described the AI Lab as a first-of-its-kind project aligned with the country’s broader vision of technological self-sufficiency.
Crypto Comeback? Bitcoin Surges 10%+ in Sudden Upside Move
Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term.
Bitcoin found support at $88,000 and started a decent upward move.
The price is trading above $90,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $90,150 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $94,000 zone.
Bitcoin price remained stable above the $85,000 level and started a fresh increase. BTC was able to climb above the $88,000 and $90,000 resistance levels.
The bulls were able to pump the price above the $92,000 resistance. It even spiked and tested the $94,000 resistance zone. A high is formed near $93,888 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $86,400 swing low to the $93,888 high.
Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term.
Bitcoin found support at $88,000 and started a decent upward move.
The price is trading above $90,500 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $90,150 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $94,000 zone.
Bitcoin price remained stable above the $85,000 level and started a fresh increase. BTC was able to climb above the $88,000 and $90,000 resistance levels.
The bulls were able to pump the price above the $92,000 resistance. It even spiked and tested the $94,000 resistance zone. A high is formed near $93,888 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $86,400 swing low to the $93,888 high.
Shiba Inu Price Prediction: Could SHIB Enter a 17x Rally from the Current Buy Zone?
SHIB entered a buy zone, with a 17x surge forecast by analyst CryptoELITES.
Shiba Inu open interest soared 43% in 2 weeks, signaling strong trader optimism.
SHIB supply on exchanges hit record lows, hinting at a looming supply squeeze.
The meme coin market showed early signs of strength as Bitcoin (BTC) surged above $88,000, sparking optimism across altcoins. Despite this momentum, Shiba Inu (SHIB) price predictions say it is yet to gain significant action. SHIB price, at press time, traded at $0.0000123 after a 2.8% decline.
However, analysts believe SHIB price is on the verge of a powerful breakout. A forecasted 17x rally, plummeting exchange supply, and rising open interest suggest bullish momentum may be building for the popular meme coin.
SHIB entered a buy zone, with a 17x surge forecast by analyst CryptoELITES.
Shiba Inu open interest soared 43% in 2 weeks, signaling strong trader optimism.
SHIB supply on exchanges hit record lows, hinting at a looming supply squeeze.
The meme coin market showed early signs of strength as Bitcoin (BTC) surged above $88,000, sparking optimism across altcoins. Despite this momentum, Shiba Inu (SHIB) price predictions say it is yet to gain significant action. SHIB price, at press time, traded at $0.0000123 after a 2.8% decline.
However, analysts believe SHIB price is on the verge of a powerful breakout. A forecasted 17x rally, plummeting exchange supply, and rising open interest suggest bullish momentum may be building for the popular meme coin.
Bitcoin Cash (BCH) Looks Ready To Climb After A Strong Price Rebound
After a period of uncertainty, Bitcoin Cash (BCH) is showing strong signs of a bullish resurgence. A decisive bounce from a critical support level has reignited optimism among traders, suggesting that the bulls are back in control and opening the door for a potential sustained upside move.
With momentum shifting and technical indicators flashing green, BCH could be gearing up for its next leg higher. In this analysis, we’ll break down the crucial price levels, the significance of this reversal, and where BCH might be headed next.
Breaking Down The Reversal: What The Charts Say About BCH’s Next Move
According to a recent update by UniChartz on X, Bitcoin Cash (BCH) has staged a notable reversal from its long-term ascending support trendline, firmly holding above the crucial $309 level. This area has historically acted as a strong foundation for bullish moves, and the latest bounce further validates its significance.
After a period of uncertainty, Bitcoin Cash (BCH) is showing strong signs of a bullish resurgence. A decisive bounce from a critical support level has reignited optimism among traders, suggesting that the bulls are back in control and opening the door for a potential sustained upside move.
With momentum shifting and technical indicators flashing green, BCH could be gearing up for its next leg higher. In this analysis, we’ll break down the crucial price levels, the significance of this reversal, and where BCH might be headed next.
Breaking Down The Reversal: What The Charts Say About BCH’s Next Move
According to a recent update by UniChartz on X, Bitcoin Cash (BCH) has staged a notable reversal from its long-term ascending support trendline, firmly holding above the crucial $309 level. This area has historically acted as a strong foundation for bullish moves, and the latest bounce further validates its significance.
XRP Network Activity Jumps 67% In 24 Hours – Big Move Ahead?
XRP has emerged as one of the most resilient performers in the crypto space over recent months, showing relative strength even as broader market conditions remain shaky. After climbing steadily, XRP is now facing a critical test near the $2.10–$2.20 resistance zone — a level that could determine the asset’s next major move. Despite this hurdle, recent data points to strong underlying network activity that supports the bullish case.
According to Glassnode, XRP network activity surged 67.50% in recent days, with the number of active addresses jumping from 27,352 to 40,366. This spike in activity suggests growing interest and participation on-chain, a key indicator often associated with sustained momentum. As investors closely monitor the broader market’s reaction to macroeconomic events, XRP stands out as a token that continues to draw attention based on both price performance and blockchain engagement.
XRP has emerged as one of the most resilient performers in the crypto space over recent months, showing relative strength even as broader market conditions remain shaky. After climbing steadily, XRP is now facing a critical test near the $2.10–$2.20 resistance zone — a level that could determine the asset’s next major move. Despite this hurdle, recent data points to strong underlying network activity that supports the bullish case.
According to Glassnode, XRP network activity surged 67.50% in recent days, with the number of active addresses jumping from 27,352 to 40,366. This spike in activity suggests growing interest and participation on-chain, a key indicator often associated with sustained momentum. As investors closely monitor the broader market’s reaction to macroeconomic events, XRP stands out as a token that continues to draw attention based on both price performance and blockchain engagement.
$600M liquidated from crypto market as Bitcoin crosses $93K amid cooling trade war concerns
For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations.
As of press time,Bitcoin is trading at $93,069, up 5% in the last 24 hours.Ethereum has jumped 12% to $1,768 while Solana Solanais up 7% at $149. The cryptocurrency market’s overall market capitalization has increased by 4% to just over $3 trillion.
According to Coinglass data, $602 million was liquidated from the cryptocurrency market in the last 24 hours, a 130% increase. Furthermore, open interest rose 14% to $121.6 billion, indicating a rise in leveraged bets on the market. Despite the overall market rally, the Altcoin Season Index, which stands at 16, shows that the market is still in “Bitcoin Season.”
For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations.
As of press time,Bitcoin is trading at $93,069, up 5% in the last 24 hours.Ethereum has jumped 12% to $1,768 while Solana Solanais up 7% at $149. The cryptocurrency market’s overall market capitalization has increased by 4% to just over $3 trillion.
According to Coinglass data, $602 million was liquidated from the cryptocurrency market in the last 24 hours, a 130% increase. Furthermore, open interest rose 14% to $121.6 billion, indicating a rise in leveraged bets on the market. Despite the overall market rally, the Altcoin Season Index, which stands at 16, shows that the market is still in “Bitcoin Season.”
Ethereum ETFs see biggest daily inflows since February as ETH reclaims $1700
Spot Ethereum ETFs in the U.S. just saw their biggest daily inflows since early February, signaling a potential turnaround after weeks of bearish sentiment.
According to SoSoValue data, the nine U.S.-listed Ethereum ETFs brought in $38.74 million in net inflows on April 22, breaking a 10-day streak of zero or negative flows. That’s their highest daily intake since Feb. 4, when they saw a huge $307.77 million pour in.
This comes after eight straight weeks of outflows that totaled nearly $910 million.
Most of the fresh capital went into Fidelity’s FETH, which pulled in $32.65 million. Bitwise’s ETHW also got a decent $6.09 million.
The other funds didn’t move much, recording no inflows for the day. Overall, since launch, these Ethereum ETFs have attracted a total of around $2.26 billion.
Spot Ethereum ETFs in the U.S. just saw their biggest daily inflows since early February, signaling a potential turnaround after weeks of bearish sentiment.
According to SoSoValue data, the nine U.S.-listed Ethereum ETFs brought in $38.74 million in net inflows on April 22, breaking a 10-day streak of zero or negative flows. That’s their highest daily intake since Feb. 4, when they saw a huge $307.77 million pour in.
This comes after eight straight weeks of outflows that totaled nearly $910 million.
Most of the fresh capital went into Fidelity’s FETH, which pulled in $32.65 million. Bitwise’s ETHW also got a decent $6.09 million.
The other funds didn’t move much, recording no inflows for the day. Overall, since launch, these Ethereum ETFs have attracted a total of around $2.26 billion.
XRP, ADA, DOGE Prices Breaking Out: Here Are The Next Targets
The entire crypto market turned green today, but there could be even more gains on the horizon.
Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term.
XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7.
Let’s begin the analyst’s prediction with the largest of the bunch. Ripple’s price slumped hard just two weeks ago during the tariff madness to $1.6. However, it quickly bounced off and reclaimed the crucial $2 support, which managed to defend the asset on several occasions.
XRP then entered a consolidation period, but there were multiple signs, such as the squeezing Bollinger Bands, that a major breakout in either direction was just around the corner.
The entire crypto market turned green today, but there could be even more gains on the horizon.
Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term.
XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7.
Let’s begin the analyst’s prediction with the largest of the bunch. Ripple’s price slumped hard just two weeks ago during the tariff madness to $1.6. However, it quickly bounced off and reclaimed the crucial $2 support, which managed to defend the asset on several occasions.
XRP then entered a consolidation period, but there were multiple signs, such as the squeezing Bollinger Bands, that a major breakout in either direction was just around the corner.
itcoin ETFs log $912M inflows in ‘dramatic’ investor sentiment boost
Bitcoin ETFs recorded their highest inflows in over three months as investors regained confidence.
Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations.
US spot Bitcoin ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows.
“Bitcoin ETPs just saw the largest daily inflows since 21st January in a dramatic improvement in sentiment,” according to James Butterfill, head of research at CoinShares.
Investor sentiment appeared to improve after US President Donald Trump said that import tariffs on Chinese goods will “come down substantially,” adopting a softer tone in negotiations.
Bitcoin ETFs recorded their highest inflows in over three months as investors regained confidence.
Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations.
US spot Bitcoin ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows.
“Bitcoin ETPs just saw the largest daily inflows since 21st January in a dramatic improvement in sentiment,” according to James Butterfill, head of research at CoinShares.
Investor sentiment appeared to improve after US President Donald Trump said that import tariffs on Chinese goods will “come down substantially,” adopting a softer tone in negotiations.
Here’s why IMX rallied over 50% today
Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum.
According to data from crypto.news Immutable X Immutable a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level this month. Its market cap has climbed to around $1.16 billion, and trading volume has exploded by more than 760% to $432 million, signaling a wave of new buying activity.
The price rally was supported by a sharp rise in trading activity in IMX’s derivatives market. According to CoinGlass, open interest surged 96% overnight to $54.4 million, indicating a wave of new positions.
While open interest includes both longs and shorts, the rising price suggests that the majority of traders are likely betting on further upside.
Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum.
According to data from crypto.news Immutable X Immutable a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level this month. Its market cap has climbed to around $1.16 billion, and trading volume has exploded by more than 760% to $432 million, signaling a wave of new buying activity.
The price rally was supported by a sharp rise in trading activity in IMX’s derivatives market. According to CoinGlass, open interest surged 96% overnight to $54.4 million, indicating a wave of new positions.
While open interest includes both longs and shorts, the rising price suggests that the majority of traders are likely betting on further upside.
MASK price surges 14% following $5m purchase by DWF Labs
Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream.
Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet technologies.
In a Wednesday blog announcement, DWF Labs’ managing partner Andrei Grachev explained that the decision to back Mask Network comes as the project “has consistently demonstrated both vision and execution in this space.” Following the announcement, the price of MASK Mask Network rose 14% to $1.21, according to data from crypto.news price tracking page.
Crypto market maker DWF Labs is partnering with Mask Network in a $5 million token deal to push decentralized social media into the mainstream.
Cryptocurrency market maker and investor DWF Labs has invested $5 million in Mask Network, a decentralized social platform bridging web2 and web3, as part of its push to support user-owned internet technologies.
In a Wednesday blog announcement, DWF Labs’ managing partner Andrei Grachev explained that the decision to back Mask Network comes as the project “has consistently demonstrated both vision and execution in this space.” Following the announcement, the price of MASK Mask Network rose 14% to $1.21, according to data from crypto.news price tracking page.