Hyperliquid [HYPE] saw its Total Value Locked (TVL) shrink from $636 million in the first week of March to $230 million a month later, according to data from DefiLlama. One of the drivers of this exodus of capital was the way the Hyperliquid platform handled the JELLY saga.
Browsing: Finance
After being in a downtrend for over 90 days, Dogecoin [DOGE], the largest memecoin, appears to be breaching its prolonged descending trendline. This trendline has a strong history of triggering selling pressure, but this time, sentiment seems to be shifting as whale activity and trader confidence skyrocket.
After a week-long rally, which saw JasmyCoin [JASMY] jump 23.76%, the altcoin has turned bearish. In fact, it claimed the second spot among top market losers, sliding more than 7% in just one day. It remains unclear what influenced the price drop. Moreover, trading volume concurrently shrank by 26.93% to $60.97 million, clearly highlighting weaker…
Amid market uncertainty, Shiba Inu [SHIB] appears bearish and is poised to continue its downward momentum. This negative outlook is likely driven by bearish price action and weak interest from traders and investors.
This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below. Already have an account? Log in here. Before you consider Coca-Cola, you’ll want to hear this.
It’s no secret that volatility has been the name of the game in the stock market over the past couple of weeks. President Trump’s announcement of new trade tariffs spooked investors, as uncertainty surrounding the future of economic activity and growth targets has become cloudy at best. However, even in the midst of all this…
The Turkish central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and slightly boosted the lira, following market volatility in the wake of last month’s arrest of Istanbul’s mayor. The bank also lifted its overnight lending rate again, to 49% from 46%, after having already raised it last month in an unscheduled decision following the arrest. In addition, the overnight borrowing rate was lifted to 44.5% from 41%, underlining the hawkish reversal in monetary policy. “Monthly core goods inflation is expected to rise slightly in April due to recent developments in financial markets,” the central bank’s policy committee said in releasing the decision, Reuters reported Leading indicators suggest domestic demand is above projections, “suggesting a lower disinflationary impact,” it said. “Inflation expectations and pricing behaviour continue to pose risks to the disinflation process,” the bank said, adding it would tighten further “in case a
Bitcoin [BTC] has found an unexpected source of stability — ETFs. For the past month and year-to-date (YTD), U.S. spot Bitcoin ETFs have experienced positive, steady inflows. Leading the charge is BlackRock’s IBIT, with a staggering $2.4 billion in flows this year so far. According to Bloomberg ETF data, this places it among the top…
Bitcoin [BTC] network adoption has dipped to ‘bear market’ levels and could derail any expected strong recovery in the short term. According to on-chain analyst JA Maartun, BTC network activity ‘slowed’ below the yearly Moving Average (365-day MA). This mirrored ‘bear market’ levels seen in 2022 and 2018.
The year was 1971 and the claims against dollar-based debt were pouring in from every country. The rumor was that the US did not really have the gold to pay. Foreign holders of US assets decided to test the promise, just in case.