Author: John Smith

Ethereum has slipped below the $1,600 mark, but on-chain and technical signals hint that the market may be entering a key accumulation phase.  According to an Apr.17 analysis by CryptoQuant contributor abramchart, Ethereum (ETH) is trading near its realized price level, historically a zone that has preceded significant rebounds. The realized price, currently around $1,585, has served as a reliable signal of deep-value accumulation.  Every major bull run in ETH’s history has started when the price fell to or below this level. Ethereum is approaching the lower band of the realized price model, indicating market cooling and potentially priming long-term…

Cardano (ADA) has shown major structural developments as it re-enters a multi-year trading range. The recent price action suggests acceptance back within this long-term structure, with indicators pointing toward a potential move to the lower support region.Cardano (ADA) has re-entered a significant trading range that has contained its price action for over three years. After a breakout in late 2024 that lacked volume strength, the asset has failed to sustain its highs and is now showing signs of weakness. For traders, this shift back into the range carries major implications for ADA’s medium- to long-term price trajectory. Key points covered…

U.S. stocks plunged Wednesday as Nvidia flagged $5.5B in China-related charges and Fed Chair Powell warned tariffs may drive inflation and slow growth. U.S. stocks tumbled Wednesday as investors reacted to new U.S. restrictions on chip exports to China and fresh warnings from Federal Reserve Chair Jerome Powell about the economic risks of President Trump’s tariff policies. The S&P 500 fell about 2.2%, while the Dow Jones Industrial Average dropped 1.7%. The Nasdaq Composite slid by around 3%, nearing bear market territory, and was led lower by steep losses in the tech sector. Nvidia shares plunged nearly 10% after the…

What do Binance’s recent outages, token volatility, and legal disputes tell us about the broader challenges it faces across different regions? Binance is back in the headlines Binance, the world’s largest crypto exchange by trading volume, has hit a turbulent stretch this April. Two major incidents, occurring just days apart, have renewed scrutiny over the platform’s operational stability. On Apr. 15, an Amazon Web Services (AWS) outage disrupted Binance’s systems in the AP-NORTHEAST-1 region, which covers areas including Japan and Korea. As AWS services went down, Binance, alongside several other leading exchanges and crypto platforms faced technical disruptions. This led…

Ethereum is gearing up for two major upgrades, Pectra and Fusaka. However, these upgrades don’t address underlying concerns with its tokenomics. Ethereum (ETH) is set to roll out two major upgrades this year, Pectra and Fusaka. However, these upgrades come at a time when Ethereum is under constant threat, a research report by Binance, released on April 16, states. With the next upgrades, improvements are coming to data availability, expanded support for layer-2 chains, and enhancements to wallets. However, investors continue to express concern over value accrual. Specifically, some of these upgrades appear to favor layer-2 networks over Ethereum’s own…

Russia should be eyeing its own fiat-backed stablecoins, a senior finance ministry official has said. According to a Reuters report on April 16, Russia should unveil its own stablecoins after recent events related to the popular U.S. dollar pegged stablecoin Tether (USDT). If launched, these stablecoins could be pegged on other currencies. The incident in question relates to reports that USDT issuer Tether blocked Russia-linked digital wallets belonging to a local crypto exchange that came under sanctions from the European Union. Osman Kabaloev, the deputy head of the Finance Ministry’s financial policy department, says Russia should be looking at “internal…

BONK is trading at a key high time frame support level while showing signs of a potential trend reversal. A double bottom formation is developing, and a breakout above dynamic resistance could confirm a shift in market structure, setting the stage for a bullish rally. After a prolonged bearish trend marked by consecutive lower highs and lower lows, BONK (BONK) is now trading at a crucial decision point. The asset has respected a significant support level twice, forming what may develop into a double bottom formation. However, confirmation is still pending and depends on the next few weeks of price…

Crypto traders are increasingly looking for self-custodial platforms that are easy to use. Glider wants to fill that niche. DeFi platforms are lagging behind their CEX counterparts, largely due to a lack of user-friendly features. For this reason, Andreessen Horowitz led a $4 million funding round for Glider, a self-custodial DeFi platform for crypto trading. The platform will combine AI features with DeFi. For one, it will use AI to help users manage their funds in an automated way, without having to perform every trade themselves. This could involve picking a few coins, picking trending tokens, or a basket of…

U.S. stocks see major losses, tech stocks fare the worst as Nvidia risks a $5.5 billion revenue loss due to export restrictions on China. After this week’s relatively low volatility, U.S. stocks are tumbling again. This time, tech stocks and Nvidia were leading the declines. On Wednesday, April 16, Nasdaq was trading at 16,216.68, losing 606.49 points or 3.61%. Still, the rest of the market also suffered, as investors turned bearish due to fears of a trade war. Dow Jones fell 613 points or 1.55%, trading at 39,742.32. At the same time, the S&P 500 was down 125.78 points or…

Maple Finance reached a major milestone, largely due to significant growth in its yield-bearing stablecoin. Maple Finance (SYRUP) has seen significant growth over the past month, which boosted the token’s value. On Wednesday, April 16, SYRUP was up 25%, reaching a daily high of $0.1419, before stabilizing at $0.131. The catalyst for the price was a major milestone for the platform, which reached $1 billion in total value locked. According to data from Dune Analytics, platform TVL has more than doubled since January, when it hovered around the $450 mark. Growth in Maple Finance TVL, by asset | Source: Dune…