Bitcoin just reminded everyone that it’s still the wild child of the financial world. After flirting with record highs earlier this month, the price nosedived to around $104,000 on May 30, wiping out billions in value overnight. The move blindsided traders, triggered massive liquidations, and put a serious dent in BlackRock’s headline-making Bitcoin ETF. It … Read more
The Dow Jones Industrial Average surged more than 1,100 points on Monday. The S&P 500 also jumped 3.25%, the Nasdaq Composite surged nearly 4.34%, and the Russell 2000 rose 3.56%. Tech and retail stocks, many of which arebeen heavily exposed to China, led the rally. Tesla gained 7%, Apple rose 6%, and Amazon jumped 8%. … Read more
The Pepe price has moved sideways this month and is showing signs of bottoming as supply on exchanges rises and whale accumulation intensifies. Pepe coin (PEPE) token was trading at $0.0000075 on Sunday, a few points above the year-to-date low of $0.000005860. On-chain metrics show that the value of Pepe could surge in the next … Read more
The pump.fun meme coin, Trump Derangement Syndrome crypto, plummeted more than 18% following the stock market crash believed to be the result of Trump introducing trade tariffs. The TDS token fell more than 20% on April 7 at around 8:15 AM UTC after the Asian, European and U.S. markets saw sharp declines in stocks. The … Read more
Investors Offload HBAR as Indicators Point to More Declines Market data confirms a consistent decline in HBAR‘s Accumulation/Distribution (A/D) Line since early March. A/D Line refers to money flowing in or out of an asset relative to the asset’s price and volume traded. A decreasing A/D Line translates to building selling pressure where there are … Read more
Solana has retraced more than 50% from its all-time high of $295 in January, possibly driven by declining meme coin trading activity. Solana (SOL) has had its worst monthly performance since the FTX collapse in November 2022, falling 38% in the last 30 days. Declining memecoin trading activity, which previously contributed to Solana’s massive on-chain … Read more