Author: Benjamin Lee
Bitcoin and COIN50 fall below 200-day moving averages. Venture capital remains 60% below 2021 levels despite mild rebound. Market may stabilise between mid and late Q2 2025, says Coinbase. The risk of a renewed crypto winter is rising, Coinbase Research warned this week, as key technical and macroeconomic indicators suggest the digital asset market may be entering another prolonged downturn. In a note published yesterday, Coinbase said Bitcoin has slipped below its 200-day moving average—a level widely seen as a bearish signal. The COIN50 index, which tracks the top non-Bitcoin assets on the platform, has also fallen beneath its long-term…
Status (SNT) price jumpd 38% in the past 24 hours. Gains see the altcoin rank among best gainers today. SNT broke to near $0.030 amid network growth, though potential for profit taking is high. Status (SNT), the utility token powering the Status Network, has seen a remarkable price surge. According to data from CoinMarketCap, SNT price is up 38% in the past 24 hours and over 60% in the past week. Its performance has overshadowed the plummeting MANTRA. Having broken above resistance at $0.023, Status price jumped to near $0.030 before paring some of the gains. Despite this, SNT ranks…
Voting ran from April 10 to April 16, 2025. ZEC and JASMY followed with 8.6% of the votes each. Binance says votes won’t be sole factor for delisting. FTT, the native token of collapsed exchange FTX, is facing renewed pressure as it topped Binance’s second “Vote to Delist” round with 11.1% of the community votes. The vote, which ran from April 10 to April 16, 2025, forms part of Binance’s broader governance programme, allowing users to weigh in on tokens marked with a Monitoring Tag. These tokens are deemed to carry greater risk or volatility, prompting deeper internal evaluations by…
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 its all-time high to around $0.63 and struggling to gain momentum amid daily token unlocks. Despite the immense bearish pressure exerted by the token unlocks, a bold Pi Network price prediction has emerged from analysts, one of whom foresee the PI token climbing to an…
The head of research at crypto asset firm Galaxy Digital, Alex Thorn, believes the US government will add Bitcoin (BTC) to the Strategic Bitcoin Reserve (SBR). In an appearance on Bloomberg Crypto, Thorn says that in addition to the Bitcoin the US government holds from confiscations, the world’s largest economy will purchase BTC to add to the SBR in 2025. “In March, they had the establishment of the Strategic Bitcoin Reserve and the United States Digital Asset Stockpile Executive Order… …which specifically prohibited the government from selling Bitcoin and ordered the [Departments of] Commerce and Treasury to find out budget-neutral…
Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. He also suggests that SUI is on the verge of breaking out of a downward channel, a bearish pattern indicating that the asset…
A closely followed crypto strategist and trader believes that the time for altcoins to shine is close at hand. Pseudonymous analyst TechDev tells his 520,200 followers on the social media platform X that two macroeconomic factors are flashing bullish for altcoins based on historical precedent. The trader shares a chart suggesting that altcoins tend to explode whenever global liquidity surges and the business cycle bottoms out. Global liquidity refers to the amount of money sloshing in the world’s financial system, while the business cycle tracks the rise and fall of economic activity over time. Says TechDev, “Altcoins don’t run until…
A low-cap altcoin is up after the world’s top crypto exchange platform by volume announced the listing of perpetual futures for it. In a new announcement, Binance says it will launch support for Bitcoin (BTC) decentralized finance (DeFi)-focused platform Lorenzo Protocol (BANK) to Binance Futures. Binance’s announcement came on the same day as BANK’s official launch on the BNB Chain. News of the addition sent BANK flying as the digital asset went from a low of $0.03 on April 18th – its launch day – to a peak of $0.057 just a few hours later. The token has since retraced…
Crypto investor and billionaire Barry Silbert says there’s one digital asset play that he thinks will be the “next big investment theme” for the asset class. In a new interview with Raoul Pal on the Real Vision YouTube channel, Silbert says that he’s created a new venture called Yuma, which exclusively focuses on Bittensor (TAO), a decentralized blockchain-based network built for a global, collaborative marketplace for artificial intelligence (AI). Says the Digital Currency Group (DCG) CEO, “I started looking across the whole decentralized AI space and started digging in on Bittensor, and I very quickly came to the conclusion that…
The native asset of a Bitcoin (BTC)-focused decentralized finance (DeFi) project defied the crypto market doldrums and skyrocketed by more than 55% this week. Threshold Network powers tBTC, a decentralized wrapped Bitcoin that can be used throughout DeFi ecosystems. The project’s native token, T, is trading at $0.0223 at time of writing, up from $0.0143 one week ago. The 236th-ranked crypto asset by market cap is also up nearly 48% in the past 24 hours alone. T’s price surge largely materialized after Threshold Network announced on Thursday that it planned to restructure its decentralized autonomous organization (DAO) to reduce annual…