Category: Crypto

Bitcoin Hits $94K: Will a Long Squeeze Follow the Positive Funding Rate?

Bitcoin’s recent surge has seen its price exceed $90,000, spurring a significant increase in long positions among investors. As the cryptocurrency reached over $95,000, interest among traders soared, with many anticipating further price gains and a potential rise to $100,000. This growing demand for long positions was highlighted by a positive funding rate over the past 24 hours, indicating optimism among investors. However, this hopeful sentiment may be countered by a weakening price momentum.

Despite an increase in open interest—up by $1 billion within a day, reaching $32 billion—Bitcoin’s price has remained stagnant around $94,000 for the past couple of days. The spot cumulative volume delta (CVD) has also shown concerning signs, sitting at -1094, suggesting that buying pressure is declining amid rising open interest. A weakening demand underscores the potential for speculative traders to exit the market, heightening the risk of a long squeeze. Market analysis suggests that a long squeeze may be imminent, especially as bullish sentiment grows among many traders.

If the predicted squeeze occurs, it could lead to a significant drop in Bitcoin’s price, potentially falling below the $90,000 mark. The current market conditions warrant caution, particularly due to the rising funding rates alongside easing buying momentum. Yet, there is a glimmer of hope. The short-term holder realized profit/loss ratio has turned positive at +1.2%, indicating a shift in market dynamics.

When short-term holders are in profit, there tends to be less selling pressure, which can aid in stabilizing Bitcoin’s price. To avoid a downward spiral and potential long squeeze, it’s crucial for Bitcoin to reclaim the $95,000 threshold and attempt to approach $96,000.

Monero [XMR] Surges 50% Following $330M Inflows from Hacker: Is Now the Right Time to Invest?

Monero (XMR) experienced a substantial price rally, jumping 50% in just 24 hours due to significant liquidity inflows linked to a hacker’s activities. This surge, however, was followed by a 17% decline, highlighting the lack of sustainable market support for XMR at this time. Current market sentiment appears to be bearish, as several underlying fundamentals have weakened in the aftermath of this rapid price movement.

The recent spike in Monero’s price can be traced back to a suspicious wallet that transferred 3,520 Bitcoins, valued at approximately $330.7 million, into XMR. This influx of liquidity, facilitated through multiple exchanges, temporarily boosted the price. However, analysis from AMBCrypto indicates that this rally lacks solid backing from market fundamentals, suggesting that further declines could be on the horizon.

At present, the OI-weighted funding rate—a key measure of market sentiment—has plummeted to its lowest level of the year at -0.5757%. Such a drastic drop points to a lack of confidence among traders, who may be prepared to short the asset. High levels of sell contracts generally indicate that prices may decrease further, reinforcing concerns that the upward momentum from the recent rally may not last.

Technical indicators also support this bearish outlook. The Relative Strength Index (RSI) stands at 83.67, indicating that XMR may be overbought. Additionally, the Chaikin Money Flow (CMF) suggests a dominance of sellers, as its reading has dropped significantly in a short span.

Even though the CMF remains positive—which could hint at potential buying activity—the immediate future for XMR looks uncertain. With the current resistance level at $284.88 and the possibility of a decline to around $231.96, investors considering purchasing XMR at this time might experience significant losses in the near term. If XMR fails to hold this level, it could further retreat to lower support at $199.40.

Overall, the current market conditions do not favor an investment in Monero.

Trump-Supported World Liberty Financial Teams Up with CZ and Pakistan to Boost Crypto Adoption

World Liberty Financial (WLFI), a DeFi initiative backed by former President Donald Trump, has partnered with the Pakistan Crypto Council (PCC) to bolster blockchain innovation in Pakistan. On April 26, WLFI co-founders Zachary Witkoff and Zachary Folkman signed a Letter of Intent with the PCC, highlighting their shared goal of accelerating technological advancements in the region. Bilal Bin Saqib, the CEO of the PCC, described the collaboration as a strategic initiative that aims to empower the country’s youth and position Pakistan within the evolving global financial landscape. The collaboration includes the establishment of regulatory sandboxes to test various Web3 products, along with tokenization experiments and the integration of stablecoins for remittance and trade purposes.

This partnership is significantly influenced by Binance CEO Changpeng Zhao (CZ), who was recently appointed as a strategic advisor to the PCC. Following this appointment, WLFI representatives met with CZ in Abu Dhabi to discuss enhancing global crypto adoption. During these discussions, they explored ideas for establishing new standards in the cryptocurrency space. Bin Saqib reiterated the importance of collaboration with industry leaders, emphasizing the potential for Pakistan to serve as a global case study in utilizing blockchain technology to create transformative opportunities for emerging markets.

As the partnership progresses, the focus will be on practical cryptocurrency experiments resulting from this agreement. Additionally, WLFI is eyeing expansion through several initiatives, including the launch of a stablecoin, USD1. Recent data indicates that WLFI holds approximately $103 million in cryptocurrency assets, primarily consisting of USDC, wrapped Bitcoin, and Ethereum. As this partnership unfolds, the world will be watching for innovative developments emerging from Pakistan’s crypto ecosystem.

Dogecoin: How Increased Whale Interest Could Drive a 10% Upsurge for the Memecoin

Dogecoin (DOGE) has attracted significant interest from investors, particularly whale participants, leading to potential bullish signals for the memecoin. Recent data indicates that a substantial 68.28% of the top DOGE traders on Binance are maintaining long positions, which further emphasizes the optimistic sentiment surrounding the cryptocurrency.

Currently, for DOGE to see a notable price increase, it needs to close a daily candle above the critical $0.185 threshold. Recently, DOGE has exhibited impressive upside momentum.

It recently broke free from a steady downward trend, though it seems to be currently consolidating. This consolidation phase coincides with increased whale transactions, suggesting that accumulation may be taking place, ultimately benefiting DOGE’s price in the long term.

According to IntoTheBlock, transactions ranging from $1 to $10 million surged by an astounding 540.47%, while larger transactions exceeding $10 million saw a remarkable increase of 8060%. Such statistics underscore the growing engagement from whales and institutions during this price consolidation period.

Despite DOGE’s current price around $0.179, which reflects a 1.45% decline over the past 24 hours, traders remain optimistic. The on-chain analytics firm Coinglass highlights that activity on Binance is skewed towards bullish positions.

The long/short ratio stands at 2.15, revealing a dominant bullish sentiment among Binance traders. Presently, DOGE seems trapped within a tight trading range of $0.175 to $0.185, hovering in a sideways trend for the last five days.

A break above $0.185 could lead to a potential 10% gain, taking the price up to $0.205. On the flip side, a breakdown could push DOGE down to its next support level at $0.162—a potential decrease of around 7.5%.

Why Bitcoin and XRP are Rising While Ethereum and Dogecoin Lag: An Analysis of Crypto’s Trends.

Bitcoin and XRP have recently shown strong gains, while Ethereum and Dogecoin have lagged behind, contributing to lower performance within Grayscale’s portfolios. Memecoins, particularly Dogecoin, have lost their luster, with the sector experiencing a decline of 44.3% year-to-date.

The crypto market is witnessing a revival after a sustained downturn, boasting a current valuation of $2.96 trillion, just $40 billion short of its all-time high of $3 trillion. Major cryptocurrencies like Bitcoin, Ethereum, Ripple, and Dogecoin continue to play significant roles in the market’s dynamics.

Nevertheless, Grayscale has highlighted that only a select few of these assets have yielded profits. Grayscale’s report indicates that Bitcoin and XRP have turned a profit, while Ethereum and Dogecoin have incurred substantial losses over the past year, with declines of 47% and 42.2%, respectively.

This market sentiment often influences where retail and institutional investors decide to allocate their funds. AMBCrypto has conducted an analysis to explain why certain assets are performing well while others are not.

Bitcoin remains a focal point in the crypto space, attracting increased institutional interest, particularly following the approval of Spot Bitcoin Exchange-Traded Funds (ETFs), which collectively hold assets worth $110.3 billion. The discourse surrounding the establishment of a federal Bitcoin strategic reserve has also heightened institutional curiosity.

In contrast, Ethereum’s performance has waned, with its market capitalization currently at $217.4 billion. The ETH/BTC liquidity chart reveals that Ethereum has faced significant liquidity challenges, leading to a substantial drop in its market dominance since January 2024.

Meanwhile, the memecoin sector continues to struggle, experiencing a notable contraction as investors seek more stable assets.

BlackRock and Six Firms Hold Dominance Over 88% of Tokenized U.S. Treasuries

Recent developments in the tokenized U.S. treasury market indicate a highly concentrated control among a handful of entities. As of now, six major funds—BlackRock BUIDL, Franklin Templeton BENJI, Superstate USTB, Ondo USDY, Circle USYC, and Ondo OUSG—account for an astounding 88% of this market, which is valued at approximately $6.16 billion.

The value of tokenized U.S. treasuries saw a remarkable increase from $4.01 billion in January 2025, reflecting a 53.62% surge over a few months. This growth demonstrates significant institutional interest in blockchain technology as a means to modernize fixed-income investments.

Leading the charge is BlackRock’s BUIDL, representing the USD Institutional Digital Liquidity Fund, which dominates the scene with a market capitalization of $2.5 billion—360% larger than its nearest competitor. The rest of the top players include Franklin Templeton’s BENJI at $706.78 million, Superstate’s USTB at $652.32 million, Ondo’s USDY at $586 million, Circle’s USYC at $487 million, and Ondo’s OUSG at $424 million.

Collectively, these funds illustrate a stronghold on the tokenized treasury landscape. Notably, Superstate’s USTB has recently achieved robust growth, with a 57.99% increase in market capitalization within the last thirty days.

Meanwhile, BlackRock’s BUIDL has demonstrated exceptional growth of 291% since January 1, 2025, now representing 41% of the total treasury market. BUIDL primarily operates on the Ethereum blockchain, holding 91% of its total supply, and is also supported by other networks such as Aptos, Avalanche, and Polygon.

Launched in March 2024, this fund offers daily dividends stemming from short-term U.S. Treasury investments, and each BUIDL token is fully backed by U.S. dollars, enabling it to deliver stable returns akin to traditional treasury investments.

Bitcoin Soars to New Heights: Discover How PAIRMiner Can Help You Earn Steady Income!

Bitcoin has recently surged, breaking the $90,000 mark with a notable increase of 5.01%. This positive movement in the cryptocurrency market comes amidst global unrest attributed to US trade policy changes. In light of this, PAIRMiner has emerged as a key player, providing cloud computing solutions that allow investors to consistently grow their assets even during market fluctuations.

PAIRMiner offers a straightforward entry point for both novice investors and seasoned miners looking to embark on a profitable mining journey. The process begins with a quick sign-up that grants new users a $150 bonus, enabling them to kickstart their mining operations immediately. Investors can purchase contracts that suit their needs, using the bonus to buy an equivalent contract package.

PAIRMiner offers various contract options, allowing individuals to align their investments with their financial goals. Once a contract is activated, users can expect daily profit settlements, with principal returns credited to their accounts at the end of the contract term. Furthermore, PAIRMiner features an affiliate program where users can earn bonuses by referring others.

Each successful referral can yield 5% of the referred user’s investment income, with additional earnings on further referrals. Security is a priority for PAIRMiner, which complies with regulations set by the UK Financial Conduct Authority and protects user funds via SSL encryption. The mobile app interface simplifies the mining experience, allowing users to manage their investments seamlessly.

In a rapidly changing financial landscape, PAIRMiner presents an opportunity for investors seeking to grow their assets through reliable cloud mining services. Now is the perfect time to join PAIRMiner and capitalize on these market opportunities. If interested, individuals can reach out via the official contact email.

Please note that this is a promotional post and not financial advice.

Stellar Ends 5-Month Slump: Could This Signal the Start of XLM’s Long-Awaited Rally?

Stellar (XLM) has recently emerged from a five-month downturn that began in November 2024, during which the asset experienced a significant price decline of 65%. This breakout marks a crucial shift in momentum, potentially signaling the start of a long-awaited rally.

As of now, XLM is trading at approximately $0.284, reflecting an 8.50% increase within a 24-hour period. The trading volume has also surged by 25%, indicating heightened trader and investor engagement in the market.

Current on-chain metrics support a bullish outlook, as a significant majority of traders are placing long bets on XLM. The Long/Short ratio for XLM on Binance currently stands at 1.89, which suggests a strong bullish sentiment.

Specifically, 65.37% of top traders are holding long positions, compared to just 34.63% with short positions. This trend indicates a growing confidence among traders that XLM’s price will continue to rise.

Recent data from Coinglass’ XLM Exchange Liquidation Map shows that traders have accumulated $6.37 million in long positions near the support level of $0.2558, and $1.63 million in short positions near the resistance level of $0.285. Additionally, a notable outflow of $1.19 million worth of XLM from exchanges in the past 24 hours suggests a trend toward accumulation, which could contribute to further upward pressure.

From a technical analysis perspective, XLM appears poised for a significant rise. The asset has successfully broken out of a descending channel and closed above a key resistance level.

If XLM maintains its price above $0.275, analysts predict it could rally by approximately 30%, potentially reaching the $0.375 mark. However, this bullish outlook hinges on the price staying above $0.26, as any dip below could undermine the current positive sentiment.

Floki Whales Exhibit High Activity: Current Trends Show Sell Bias

Floki (FLOKI) has recently surged by 14%, reaching a two-month high last seen in early March. The price climbed to approximately $0.000084, and it’s noteworthy that the cryptocurrency has experienced a remarkable 44.27% increase over the past week, along with a 14.77% rise in the last 30 days. Trading volume surged by nearly 105%, totaling $213.5 million, while Open Interest rose by 28.3%, reaching $35 million. The market cap for FLOKI has also reflected this growth, peaking at $792 million.

One significant factor contributing to this rapid price increase is the activity of whales in the market. Data from IntoTheBlock indicates a dramatic rise in whale transactions, which spiked by 185.7% to a two-month high of 20 transactions. This increase hints at heightened network engagement, whether through accumulation or profit-taking. Notably, while FLOKI whales have bought 61.22 billion tokens, their selling activity has far surpassed this with 71.62 billion tokens sold in the same timeframe.

Consequently, net whale inflow has turned negative, amounting to -10.4 billion tokens. Despite the activity among whales, the emphasis seems to be shifting towards selling rather than buying. This trend is further reflected in the spot market dynamics, where more sellers are present than buyers. Such behavior indicates that investors may be cautious about the sustainability of the price surge, opting to lock in profits instead of holding for further gains.

Overall, the current fluctuations in the cryptocurrency market appear to be largely speculative, rather than based on solid fundamentals. If this trend continues, FLOKI could potentially reach $0.000090 before encountering a correction, which may see it drop back to $0.000072.

Ethereum ETF Inflows Surge by $104 Million: Is Wall Street Preparing for a Major Upsurge?

Ethereum has recently witnessed an impressive influx into its exchange-traded funds (ETFs), recording a remarkable $104 million net inflow within just 24 hours. This surge has coincided with a 3.01% increase in Ethereum’s price, reflecting a heightened demand for the asset across the market.

Data from Sosovalue reveals that the total net asset value of Ethereum Spot ETFs has surged to an astounding $6.14 billion. The ETF Net Asset Ratio stands at 2.83%, while the cumulative net inflow has reached $2.4 billion.

Noteworthy among these ETFs is Blackrock’s ETHA, which alone accounted for a $54.235 million inflow, bringing its total net inflow to $4.1 billion. Fidelity’s FETH also contributed significantly, with a daily net inflow of $35.9 million, pushing its historical inflow to $1.4 billion.

Notably, all nine ETFs tracked reported net inflows, reflecting a significant recovery in the crypto market following recent challenges. The resurgence of institutional interest in Ethereum is evidenced by the Coinbase Premium Index, which recently turned positive and hit a monthly high of 0.075.

This uptick often indicates renewed institutional accumulation and reflects a positive sentiment towards Ethereum, typically driving prices higher. As a result of the increased capital inflows into its ETFs, Ethereum experienced notable price action, recovering to a peak of $1841 after dipping to a low of $1740.

With the current trading price at $1828, the altcoin’s upward trajectory suggests that buying pressure is growing. Moving forward, Ethereum appears poised for further gains.

Analysts indicate strong demand across participants, supported by on-chain data showing a spike in Ethereum’s Stock-to-Flow ratio, which suggests increasing scarcity. Should the prevailing market conditions hold, Ethereum could target the $1913 resistance level, with potential movement towards $2000 if buyer support remains strong.

Conversely, if sellers start to withdraw, a correction could bring prices down to $1730.

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