XRP, Dogecoin and Mantra traders punished for bullish bets, will altcoins recover?
Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ushering volatility in Bitcoin and altcoin prices.
Axiom’s volume surpasses $100M as meme trading platform war escalates on Solana
Axiom’s daily trading volume surged on Monday, reaching $101,000 million for the first time, surpassing all other meme coin trading platforms on Solana, such as Photon and Bullx. Meanwhile, Solana (SOL) exchanges hands at $132 at the time of writing on Tuesday after staging a recovery campaign from the ‘Black Monday’ crash on April 7 to $95 triggered by United States (US) President Donald Trump’s reciprocal tariffs.
Canada approves Solana ETFs with staking
Canada will launch the world’s first spot Solana (SOL) ETFs on April 16, 2025, following approval from the Ontario Securities Commission. The move comes as Solana’s price jumped 25% in the past week, reflecting strong investor interest and growing network activity, including a record-breaking 355 million transactions.
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Altcoin Season Beckoning: What's behind Sui, Stacks and Fartcoin price rallies?
The cryptocurrency market sparkles with altcoins like Sui, Stacks and Fartcoin extending gains on Monday. Sui breaks above a critical descending trendline, but the 100-day EMA crossing below the 200-day EMA signals potential bearish hurdles.
Bitcoin soars above $87,000 amid $500 million Bitcoin Reserve Bill debate on Wednesday
Bitcoin price breaks and trades above its key resistance level of $85,000 at the time of writing on Monday after facing multiple rejections the previous week. Institutional demand shows mild recovery, as it recorded nearly $16 million inflow into Bitcoin spot Exchange Traded Funds last week.
Why is PancakeSwap rallying today?
PancakeSwap breaks out, reclaiming $2.00 in support as investors return. The implementation of the tokenomics 3.0 software upgrade will allow access to staked CAKE and cake. PancakeSwap is shifting its focus from a 5% trading fees revenue sharing model to the CAKE token burn mechanism.
Altcoins to watch this week: ONDO and SUI bulls aim for double-digit gains
Ondo (ONDO) and SUI (SUI) prices gain nearly 5% at the time of writing on Monday, after a slight decline in the previous week. Both altcoins are approaching their key resistance levels; a breakout would indicate a bullish rally ahead.
Bitcoin Weekly Forecast: BTC holds steady, Fed warns of tariffs’ impact, as Gold hits new highs
Bitcoin price consolidates above $84,000 on Friday, a short-term support that has gained significance this week. The world's largest cryptocurrency by market capitalization continued to weather storms caused by US President Donald Trump's incessant trade war with China after pausing reciprocal tariffs for 90 days on April 9 for other countries.
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