With the market still hunting for its next breakout stars, savvy investors are zeroing in on high-potential crypto assets under the $1 mark. Three names have risen to the top of this week’s analyst picks: Sonic, Arbitrum, and MAGACOIN FINANCE. All three are making waves — but only one is being whispered as the next…
Browsing: Startup
Solana has staged an impressive run over the past 24 hours, but while most eyes are on SOL’s climb, a fast-growing altcoin project is quietly outpacing it in terms of investor momentum. MAGACOIN FINANCE, now in Stage 7 of its presale, is quickly emerging as a top altcoin to watch — and many early buyers…
Solana (SOL) reached its highest April price on Thursday, trading at nearly $136 according to CoinGecko data, marking the first time it has hit this level since March 28. The cryptocurrency outperformed other major coins with a 6% daily gain, surpassing increases from Bitcoin, Ethereum, XRP, and other top-10 cryptocurrencies by market capitalization. Over the…
Bybit, a major cryptocurrency exchange, announced it will discontinue several Web3 services by May 31, 2025, as part of a strategic refocusing on its core products. This move follows the earlier closure of its non-fungible token (NFT) marketplace in April, according to an April 16 announcement from the company.
The recent OM collapse at MANTRA has left the community confused. In a series of instant drops, $5.5 billion was erased. According to several analyses, the incident was caused by one trader manipulating two exchanges. This whole incident highlights the fragility of many token projects. Despite an ostensibly huge market cap, a comparatively tiny amount of liquidity triggered a complete collapse. Exploring the OM Crash When MANTRA’s OM token collapsed earlier this week, it left a huge number of unanswered questions. It sparked allegations of foul play, and rumors of insider activity have dogged the company since. According to a new analysis, the initial trigger of the OM crash was a single trader: “This was due to an entity(s) on Binance perpetuals market. That’s what triggered the entire cascade. The initial drop below $5 was triggered by a ~1 million USD short position being market sold. This caused over 5% of slippage in literal microseconds. That was the trigger. This seems intentional to me. They knew what
Despite regulatory hurdles and listing concerns, a new report from TokenInsight shows that Binance is comfortably leading the CEX market. Increasing competition from MEXC and Bitget saw Binance’s market share drop 1%, but it still dominates more than one-third of the CEX trades. The firm dominates in every metric that the report examined, from market share to public notoriety. It leads both in spot and derivatives trading volume and maintains the most stable ratio between the two of any CEX. Binance is Winning the CEX Race By a Mile Binance suffered a few setbacks in this period, but it still comfortably leads the CEX market in a few key areas. Its token listings are not performing like they used to, prompting community backlash, and its potential ties with the Trump family are also raising concerns. However, the exchange had a strong Q1 2025, as its trading volume continued to dominate one-third of the CEX market. “Binance maintained its market-leading position in both quarters, with a trading volume of $9.9
Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators. While the number of whale wallets has started to decline, on-chain data still reflects elevated interest from large holders. Technically, BTC remains in a consolidation phase, with weak EMA signals and mixed Ichimoku readings. Bitcoin Whales Pull Back: Early Sign of Fading Confidence? The number of Bitcoin whales—wallets holding between 1,000 and 10,000 BTC—has declined slightly in recent days, dropping from 2,015 on April 14 to 2,010 by April 16. This pullback comes just after the metric hit its highest level since May 2024, suggesting a potential shift in sentiment among large holders. While the drop may seem small, movements in whale behavior often precede broader market trends, making even slight changes worth watching. Bitcoin Whales. Source: Santiment. Whale activity is a key on-chain signal because these large holders can signific
Hedera (HBAR) is up more than 5% in the last 24 hours, showing signs of short-term relief after a rough start to April. Despite the bounce, technical indicators still point to a weak overall trend, with bearish EMA alignment and a flat ADX reading. Momentum remains uncertain, but bulls have managed to defend key support levels so far. Hedera Shows Early Signs of Bullish Shift, But Trend Still Weak Hedera’s DMI indicator shows its ADX at 19.8—slightly up from 18.49 two days ago but down from a recent high of 21.94 earlier today. The ADX (Average Directional Index) measures the strength of a trend, regardless of its direction. Values below 20 typically indicate a weak or consolidating market, while readings above 25 suggest a strong trend is developing. HBAR’s current ADX near 20 suggests momentum is still relatively soft, with no clear directional strength in place. HBAR DMI. Source: TradingView. Looking at the directional indicators, the +DI (Directional Indicator) has risen from 13.42 to 14.2, showing a slig
AI coins continue to draw attention as April nears its end, with Render (RENDER), Story Protocol (IP), and CLANKER standing out. RENDER has led the pack, surging nearly 17% this week and reclaiming a $2 billion market cap. In contrast, Story (IP) is down 6.5%, the worst performer among the top 10 AI tokens, while CLANKER dropped over 7% in the last 24 hours. With momentum shifting across the sector, all three tokens are positioned at key technical levels that could define their next move. RENDER Render Network provides decentralized GPU computing power for creators, developers, and artificial intelligence applications. Its infrastructure supports rendering for 3D graphics, visual effects, and artificial intelligence model training. RENDER Price Analysis. Source: TradingView. RENDER, the network’s native token, has surged nearly 17% over the past week, pushing its market cap back above $2 billion. It was the top performer among the ten largest AI coins in the market. If the bullish momentum holds, RENDER could
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to see what experts have to say about Bitcoin’s (BTC) price outlook. Key investment strategies are driving the next directional bias for the pioneer crypto. Is a $90,000 Breakout Imminent for Bitcoin? Crypto markets continue to reel from Trump-infused volatility, which weighs heavily on investor sentiment. Traders and investors are bracing for macroeconomic headwinds that continue to temper modest gains. Among them is Trump’s tariff chaos, which provoked China’s retaliatory stance. Adding another layer of complexity to the US crypto news, Federal Reserve (Fed) chair Jerome Powell ruled out a near-term rate cut, citing economic uncertainty and risks from trade policy. Reports also indicate that China is liquidating seized cryptocurrencies through private firms to support local government finances amid economic struggles. The macro context also includes Jerome Powel