Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoins rally as DOGE and SHIB jump 10%, while MAGACOIN FINANCE gains traction with a viral presale and growing community. The memecoin market is heating up again. Over the past week, Shiba Inu (SHIB) and DOGE have both posted impressive 10% gains as retail investors pour back into the sector. Fueled by renewed interest, viral tweets, and speculative sentiment, memecoins are once again proving they have serious staying power. DOGE climbed back toward $0.20, driven by chatter around Elon…
Arthur Hayes, co-founder of BitMEX, says Bitcoin could be on the cusp of a bullish breakout, this coming as the bellwether digital asset saw modest gains. Bitcoin (BTC) climbed to above $83k to lead cryptocurrencies higher, but remained vulnerable amid broader risk assets downside pressure on April 11. Crypto.news data showed BTC hit highs of $83,200 across major crypto exchanges. However, the intraday gains came as stocks whipsawed due to ongoing tariff concerns. Despite current market conditions showing a disconnect amid a dip in the dollar index, crypto veteran Arthur Hayes remains bullish on BTC. He shared his view via…
BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of all BUIDL tokens across the seven chains it supports. BREAKING: The BlackRock BUIDL fund’s AUM on @ethereum surpassed $2 billion.BUIDL is currently available on 7 chains, with ~90.5% of the fund’s AUM tokenized on Ethereum. pic.twitter.com/V3WeHVDp9Y— Token Terminal 📊 (@tokenterminal) April 11, 2025 The BUIDL…
Fartcoin price gained momentum on Friday as it jumped by over 26%, making it one of the best-performing tokens in crypto. Fartcoin (FARTCOIN), the third-largest Solana meme coin, rose to $0.9192—its highest point since January 31. The token has now climbed 332% from its lowest level this year. The ongoing surge coincides with a sharp increase in futures open interest, which hit a record high of $422 million. This is a significant rise compared to the $95 million recorded on the same day last month. Rising open interest often signals growing demand and speculative activity from traders. The rally also…
U.S. stocks opened lower on Friday after futures rose and then fell amid market reaction to earnings reports, tariffs and new economic data release. The S&P 500 was down 0.44%, while the Nasdaq fell 0.2% after the opening bell. However, buyers swooped in, pushing major indices in the green. If the past few days are any indication, it is completely unclear where markets will trade throughout the day. As a week of notable volatility inches toward a close, the Dow Jones Industrial Average shed nearly 400 points as it trimmed further gains recorded in mid-week. The fresh declines on Wall…
A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix’s stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420. The stablecoin, which is designed to maintain a $1 price, is currently trading near $0.90. According to Parsec’s analysis, this slide began shortly after the implementation of SIP-420, a proposal intended to streamline staking and improve capital efficiency across the Synthetix (SNX) protocol. SIP-420 introduced a protocol-owned staking pool, replacing the previous system where individual SNX holders minted sUSD and managed their own debt positions. Under…
Asset management giant Grayscale has updated its lists of crypto assets under consideration and included in its products, naming Maple, Geodnet, and Story as the projects it’s most bullish on this quarter. On April 10, Grayscale Investments updated its lists of crypto assets under consideration and included in its products. Among the new additions in the DeFi sector are Mantra (OM), Maple (SYRUP), and Pendle (PENDLE), and Lombard (LMBR). In the AI and Data Oracles sector, Grayscale has added Sentient (SENT), Prime Intellect (PRIME), and Space and Time (STT). For Smart Contract Platforms, the new assets include Babylon (BABY), Berachain…
Orca token went vertical on Friday as the network flipped Raydium and a crucial network vote entered its final stretch. Orca (ORCA) price jumped to a high of $3.4345, marking its highest level since March 22 and double from its lowest point this month. The surge pushed its market capitalization to over $160 million, notably lower than its 24-hour trading volume of nearly $500 million. Orca has done well this month because of its performance in the decentralized exchange industry. According to DeFi Llama, handled $3.87 billion worth of transactions in the past seven days, making it the biggest DEX…
While Trump’s tariff pause gave some relief to the markets, traders are still reluctant to go all in on risk assets. Crypto markets are caught between cautious optimism and persistent uncertainty. While the tariff pause helped stabilize the markets, traders are still hesitant to fully commit to risk assets, Bitfinex analysts told crypto.news. As a result, Bitcoin (BTC) has been trading sideways, and ETF flows remain subdued. According to Bitfinex analysts, U.S. President Donald Trump’s 90-day pause on tariffs is not a long-term solution. Instead, it represents a temporary reprieve that fails to resolve the broader trade uncertainty. This has…
Federal Reserve Bank of Minneapolis President Neel Kashkari said on CNBC’s “Squawk Box” that the central bank is closely watching financial markets for signals on inflation expectations and investor confidence in the U.S., amid rising bond yields and a weakening dollar. Kashkari said it is “hard to get a read of what’s happening underneath,” noting that recent market moves reflect both economic uncertainty and shifting investor sentiment toward the U.S. as a global investment destination. The Federal Reserve official acknowledged a potential uptick in short-term inflation expectations and said the central bank’s priority remains preventing those near-term concerns from embedding…