Author: John Smith
PI Network may be setting up for a bullish move as key signals hint at a trend reversal. A classic divergence, strong support, and a defined trading channel are shaping the next move. PI Network’s (PI) price action is starting to show signs of a shift in market sentiment. After a period of downward or sideways movement, a bullish divergence is forming, a signal often seen ahead of reversals. With price currently holding the lower bounds of its ascending channel, technical conditions could be aligning for a move back toward key resistance. Key technical points, Bullish RSI divergence forming near…
Uniswap price crashed to a crucial support level and did not participate in the recent crypto market bull run. Uniswap (UNI) has been hovering around $5.30 over the past four weeks, a price that’s down 72% from its December highs. However, the coin has two potential catalysts that may trigger a short squeeze in the coming weeks: a megaphone chart pattern and Unichain’s market share growth. Third-party data indicates that the recently launched Unichain network is performing well, with both volume and active addresses on the rise. Nansen data shows that Unichain had over 3.285 million active addresses in the last…
Aztec Network, the Ethereum layer-2 protocol focused on programmable privacy, has officially launched its public testnet. According to a May 1 press release shared with crypto.news, the launch marks a key milestone in Aztec’s eight-year journey to bring stronger data protection to web3. The testnet is now open to developers and paves the way for a fully decentralized mainnet, where no central authority will have hidden access to user data. The release follows successful internal testing phases that included over 100 sequencers. Years of research and development at Aztec led to innovations in zero-knowledge technology and programming tools that allow…
Key Takeaways: Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission. In the complaint filed, a number of famous people were also named, including Lindsay Lohan, Jake Paul, Soulja Boy, Lil Yachty, and Akon Justin Sun, the creator of Tron, has been charged by the Securities and Exchange Commission for reportedly marketing and influencing unregistered crypto asset securities. The SEC also targeted eight celebrities who Sun purported to have paid—without revealing their payment to the public—to promote TRX and BTT. Lohan, Jake Paul, Ne-Yo (Shaffer Smith), and…
Writing is skill and art. Not everyone can become an esteemed writer, but you can surely start at it. If you are a beginner with a passion, you may take advantage of the following tools to create the best writing space for yourself. However, if you are on an intermediate or advanced level in writing, you are going to love these following tools, as they are going to increase productivity and creativity by utilizing machine learning. They will help you create SEO-friendly articles, blog posts, novels, social media content, and so much more. Read this article till the end to…
Robinhood reported one of its strongest quarters yet, with Q1 revenue rising 50% year-over-year to $927 million and net income more than doubling to $336 million. Robinhood reported first quarter results after Wednesday’s closing bell. Earnings per share of 37 cents was up 106% from last year while revenue of $927 million was up 50% year-over-year. The company saw record net deposits of $18 billion and reached new highs in Robinhood Gold subscribers, which climbed 90% to 3.2 million. The trading platform also continued to roll out new products, including AI-powered financial planning tools and an expanded prediction markets hub.…
Bitcoin price started the month on a strong note, crossing the important resistance level at $96,000 for the first time since February. Bitcoin (BTC) jumped above $97,000, up by almost 30% from its lowest level in April. Its rally occurred as investors adopted a risk-on sentiment, with the Crypto Fear and Greed Index rising to 55. U.S. stocks also continued their upward momentum, with the Dow Jones and Nasdaq 100 indices both jumping by over 350 points. Below are the top three reasons why Bitcoin may be on its way to $100,000, and possibly an all-time high, in May. 1.…
Bitcoin surged past the $97,000 mark on Wednesday, climbing to a high of $97,546 before pulling back slightly, as traders continue to test key resistance levels. The move came after days of tight price action between $93,000 and $96,000, with total market capitalization reaching $1.90 trillion and 24-hour trading volume hitting $29.88 billion, according to recent crypto.news data. The rally builds on momentum that began in mid-April, when Bitcoin (BTC) decisively broke out of a long-standing consolidation phase near $74,400. Technical indicators suggest continued upward pressure, with major support now established in the $88,000–$90,000 zone. A dip toward $92,000 could…
Ethereum’s next major upgrade, Pectra, is set for activation in early May 2025, bringing changes aimed at boosting scalability, improving user experience, and enhancing validator efficiency, according to Nansen. Combining improvements to the execution and consensus layers, the upgrade builds on previous milestones, such as Shanghai and Dencun, according to Nansen analysis. Pectra doubles the blob data capacity per block from three to six, with a maximum of nine, allowing Layer-2 rollups to post more transaction data at lower costs. At the same time, the gas cost for traditional calldata will increase, nudging developers toward blob usage to support Ethereum’s…
XRP’s price action can be confusing to many traders out there. After teasing to break its all-time high earlier this year, XRP rejected just below the $3.5 level and is currently trading comfortably over $2. Will it reclaim $3 next or $1 is its next stop? Let’s find out in this Ripple price prediction for May 2025. Currently ranked at the 4th position with a market cap of $130.35 billion, XRP (XRP) has enjoyed a decent bull run so far with prices touching almost $3.5, in January 2025. Since then the token has seen a 52% drop in prices and…