Author: Anthony M. Orbison
Bitcoin is gaining renewed attention as a hedge against financial instability after holding relatively steady during a record-breaking stock market downturn that saw $5 trillion wiped from the S&P 500.The S&P 500 posted a $5 trillion loss in market capitalization over two days, its largest drop on record, surpassing the $3.3 trillion decline in March 2020 during the initial wave of the COVID-19 pandemic, according to an April 5 report by Reuters.The record sell-off occurred after US President Donald Trump announced his reciprocal import tariffs on April 2. The measures aim to shrink the country’s estimated trade deficit of $1.2…
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump.The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders on Nansen’s blockchain intelligence platform — continue hunting for quick memecoin returns.While growing stablecoin holdings show increased caution, smart money remains open to speculative plays, according to Nicolai Sondergaard, a research analyst at Nansen.“There was the recent meme surge and smart money is always happy to…
US President Donald Trump’s trade policies will create worldwide macroeconomic turmoil and short-term financial crises that will ultimately lead to greater adoption of Bitcoin (BTC) as a store of value asset, according to Bitwise analyst Jeff Park.Economic instability from the trade war will cause governments to adopt inflationary fiscal and monetary policies, which will further debase currencies and lead to a worldwide flight to safety in alternative stores of value, like Bitcoin, Park argued. This increased demand for BTC will drive prices much higher in the long term, the analyst concluded. In an X post on Feb. 2, Park predicted…
ADA and SOL’s critical support levels are under stress, and a breakdown could accelerate sell-side pressure. As liquidity shifts, only one is poised to take the lead in Q2. Analysts are divided on Cardano’s [ADA] Q2 outlook. With key support levels under threat, a breakdown could lead to deeper corrections. However, some argue that ADA has the potential to outperform Solana [SOL] in the coming months. A deeper analysis of Q1 market structure reinforces this argument—ADA closed the quarter with a 22% drawdown, while SOL suffered a more pronounced 34% retracement. But can ADA sustain its relative strength and extend…
Ripple’s XRP cryptocurrency has faced immense selling pressure over the past month, with its price falling 13% in the last 30 days. The asset’s dropoff slowed last week, but some analysts are still fearful of a further slump. President Donald Trump’s sweeping global tariff announcement caused concerns in both the stock and crypto markets. Thus, top tokens like XRP, ETH, and even SOL are facing pressure. The introduction of tariffs triggered $19 million in liquidations over the last day. Moreover, XRP is now facing the critical $2 support. Indeed, the token fell to the $1.9 level Thursday but has rebounded…
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump.The industry’s most successful cryptocurrency traders by returns — tracked as “smart money” traders on Nansen’s blockchain intelligence platform — continue hunting for quick memecoin returns.While growing stablecoin holdings show increased caution, smart money remains open to speculative plays, according to Nicolai Sondergaard, a research analyst at Nansen.“There was the recent meme surge and smart money is always happy to…
A widely followed cryptocurrency analyst and trader is leaning bullish on an altcoin built in the Solana (SOL) ecosystem. The trader, pseudonymously known as Altcoin Sherpa, tells his 243,700 followers on the social media platform X that the utility token of the decentralized bandwidth crypto project Grass (GRASS) is looking “extremely strong” following a 25% rally in just a day that effectively reversed a rout that came amid a crypto market-wide slump. According to the pseudonymous analyst, GRASS is likely to experience a pullback before resuming the rally. Based on Sherpa’s chart on the four-hour time frame, it appears the…
Whales are using the dip to aggressively buy Ethereum, even as the top altcoin’s dominance falls to historical lows of 8%. Like many other altcoins, Ethereum (ETH) remains largely weak as sell-off pressure for risk assets continues. Tariffs are a major factor in this environment, which has Bitcoin (BTC) choppy and equities wobbly. Ethereum’s price has dropped 46% in the past year, significantly underperforming Bitcoin. According to crypto analyst Rekt Capital, ETH dominance has steadily decreased since June 2023, falling from 20% to 8%. However, the analyst says Ethereum has historically seen its market cap dominance bounce whenever it falls…
ETH price struggles have intensified in recent weeks as approximately 74% of Ethereum’s supply now sits underwater, according to the latest on-chain data from multiple sources. This concerning trend has emerged amid heightened crypto price volatility. Many investors and traders are watching the Ethereum future outlook with growing apprehension right now. The current market structure, well, it suggests some pretty serious challenges ahead for ETH in the coming weeks and months.Also Read: Circle Hires JPMorgan & Citi For IPO Filing Expected in AprilEthereum’s Next Move: Supply Pressure, Market Trends & RisksSource: WatcherGuruMassive Underwater Supply Creates Selling PressureOn-chain data reveals a…
The Depository Trust & Clearing Corporation (DTCC) has launched a new tokenized real-time collateral management platform, signaling a major institutional commitment to decentralized finance infrastructure in the United States.The initiative is built as an AppChain and represents the first industry-wide use of a blockchain-native financial network to facilitate digital asset-backed collateral operations across markets.Institutional Backbone Embraces Blockchain InfrastructureDTCC’s platform introduces a live digital collateral system that enables near real-time settlement and automated collateral operations via smart contracts. Built on LF Decentralized Trust’s Besu blockchain and supported by DTCC ComposerX, the system operates as part of the broader DTCC Digital Launchpad…