Hyperliquid price is at $37 after hitting an all-time high above $39. The HYPE token is up amid massive buying pressure. Key on-chain metrics suggests the decentralized perpetual trading platform could explode to target $100. Hyperliquid (HYPE) price reached its all-time high above $39 on May 26, breezing to the peak amid massive buying pressure. HYPE has outpaced Solana and Cardano in recent performance. Per market data, the decentralized perpetual trading platform recorded daily trading volume exceeding $426 million as […]
ADA is currently priced at $0.7677, down 0.04% in the last 24 hours. A bullish MACD crossover has formed, supporting short-term upside. ADA futures open interest dropped 0.43% to $920.12 million. Cardano (ADA) has recorded an 11% monthly gain so far in May, buoyed by a technical bounce from the $0.72 support level. However, underlying market indicators raise caution. Despite recent bullish momentum, ADA continues to struggle within a tight trading range and faces potential bearish pressure from weakening derivatives […]
Solana price traded around $175 as buyers looked for further gains. Glassnode says SOL could drop to support mid short-side pressure. Bitcoin also struggling to break above $110k adds to this Solana price outlook. Solana (SOL) bounced higher, rising off $170 to retest $175 on Tuesday. However, SOL is flat in the past 24 hours and just 4.5% up in the past week. Price could dip again if bulls fail to hold onto gains. According to Glassnode, a leading on-chain […]
Ethereum price climbed 5% to break to highs of $2,680 and rank among the top gainers on the day. The gains came as SharpLink Gaming announced plans to buy $425 million worth of ETH. SharpLink is adopting ETH as its primary treasury strategy. Ethereum price rose more than 5% on Tuesday as the top altcoin benefited from an upside spark triggered by SharpLink Gaming’s announcement that it would be buying $425 million worth of ETH as part of its treasury […]
Solana’s current funding rate sits at -0.0002%, signalling short pressure. Solana DEX volumes fell behind Ethereum earlier this year. Accumulation of SOL suggests long-term investor confidence remains. Standard Chartered has cautioned that Solana (SOL) could underperform Ethereum (ETH) due to fading meme coin activity, a key driver of Solana’s on-chain volume in recent quarters. While Solana has proven its technical capabilities, particularly during the recent meme coin trading boom—the bank now sees a risk of underutilisation as seasonal trends shift. […]
US President Donald Trump is leaning into the cryptocurrency world this month with two high-profile dinners targeting both wealthy political donors and holders of the meme coin bearing his name — the $TRUMP token. Together, these crypto-focused events could generate millions in support and further entrench Trump’s growing ties to the digital asset community. The first event, scheduled for May 6, is a lavish $1.5 million-per-plate fundraiser, placing it among the most expensive dinners in American presidential history. The event […]
The Mantra (OM) token has fallen below $0.40, with RSI at 17.18, signalling oversold conditions. 300M OM tokens are scheduled for burning to curb supply, but price recovery remains elusive. The Mantra team also plans governance reforms to restore trust, though volatility persists. The Mantra protocol’s native token, OM, has plunged below $0.40, igniting speculation about a potential rebound as its Relative Strength Index (RSI) drops to an oversold level of 17.18. This steep decline follows a dramatic crash in […]
Trump acknowledged that the existing 145% US tariff on Chinese imports is ‘too high’. Currently, the US and China are locked in a steep tariff battle. Bitcoin and Ethereum have shown strong performance during periods of dovish monetary policy and reduced inflation. US President Donald Trump has signaled a willingness to lower tariffs on Chinese goods. The announcement comes amid escalating speculation about how such a policy shift could impact inflation, interest rates, and digital assets like Bitcoin and Ethereum. […]
Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based stablecoin by the end of 2025 or early 2026. The move marks a shift in the company’s strategy as it aims to align itself more […]
Ethereum is the world’s second-largest cryptocurrency. Ethereum’s next major upgrade, Pectra, will go live on 7 May. Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) bytecode with RISC-V. Ethereum is back in the spotlight as traders prepare for what could be a decisive breakout year. With the Pectra upgrade scheduled for 7 May, combining two long-planned enhancements—Prague and Electra—the Ethereum blockchain is undergoing major changes. At the same time, increased staking activity, improved scalability via Layer-2 solutions, and […]