Author: John Smith
The Pi Network price has stalled at a record low, even as the developers announced a major upgrade to the App Studio with the hope for more ecosystem growth. Summary Pi Network price has remained under pressure and is at its all-time low. The developers launched a major upgrade to its App Studio. A forming falling wedge pattern could lead to a short squeeze. Pi Network (PI) token was trading at $0.2040 on Sunday, down by over 90% from its all-time high. This plunge has made it one of the top laggards in the crypto industry. Pi Network launches App…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, capturing arbitrage between cryptocurrency spot and perpetual futures markets was reserved for well-capitalized institutional traders. These “basis trades” required massive capital, sophisticated risk systems, and round-the-clock monitoring to profit from tiny price gaps. That monopoly is ending. One-click hedging vaults now automate these same strategies using decentralized exchanges and institutional custodians. Summary Automated, onchain “market-neutral” vaults now replicate the complex basis trades once limited to hedge funds — letting anyone earn yield from spot–futures spreads…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While crypto has already changed the way we trade and invest, it’s now starting to challenge the way we organize, and that’s what decentralized autonomous organizations, or DAOs, are about. Summary Despite massive on-chain treasuries, most DAOs aren’t recognized as legal entities — they can’t sign contracts, pay taxes, or protect members from liability. While DAOs promise openness and decentralized governance, the absence of legal personality means “community ownership” often masks concentration of power among a few…
Avalanche price has moved into a bear market this month after plunging by 45% from its highest point in September, and this retreat may continue ahead of a big token unlock. Summary Avalanche price has crashed in the past few weeks. The network will unlock tokens worth almost $35 million this week. Technical analysis points to further downward as transactions fall. Avalanche (AVAX) token dropped to the psychological point at $20, down sharply from the September high of $36. It is hovering at its lowest point on Oct. 11. The primary catalyst for the AVAX price this week will be…
The crypto market had a mixed performance last week as Bitcoin and most altcoins retreated, and some, like Bittensor, Ethena, Morpho, and Conflux jumped. Summary One of the top crypto market news stories will be the upcoming US inflation report. Delegations from China and the US will meet in Malaysia to deliberate on trade. A major political gathering will happen in China this week. Cryptocurrency prices will react to several major events this week, including the US inflation report, the Fourth Plenum of China’s CCP, and the upcoming talks between US and Chinese authorities. Crypto market to react to U.S.…
Hyperliquid founder Jeff Yan has addressed criticism, suggesting the platform prioritizes protocol revenue over trader interests. Summary Jeff Yan says ADL saved traders millions during October 10 market crash. Hyperliquid passed profits to users instead of maximizing protocol revenue. Founder contrasts DeFi onchain transparency with CEX liquidation secrecy. He also defended the exchange’s auto-deleveraging mechanism during the October 10 market crash. Yan stated that ADL actions made users “hundreds of millions of dollars” by closing profitable short positions at favorable prices, while the platform’s liquidity pool passed on potential profits to users rather than maximizing its own returns. The defense…
The XRP price has plunged by over 35% from its highest point this year, and an emerging death cross pattern suggests further downside despite some notable bullish catalysts. Summary XRP price has formed a death cross pattern on the daily chart. This pattern points to more downside in the near term. Still, Ripple has numerous bullish catalysts that may offset the drop. XRP price technical analysis The daily chart shows that the Ripple (XRP) token was trading at $2.3700 today, Oct. 19, up by 33% from its lowest point this month. This price coincides with the ultimate support of the…
This edition of the weekly recap: Regulatory enforcement intensifies in the UK, Trump family’s crypto profits soar, and OpenSea sets token launch. Source link
Bitcoin hovered above $107,200 at last check Saturday, rebounding from its weekly low of $103,660. The rally lifted several major cryptocurrencies — including Dash, Morpho, Bittensor, and Aster — all of which gained more than 8% in the past 24 hours. Summary The bounce in digital assets comes as investors “buy the dip” following a broad crypto selloff earlier this month and amid growing hopes of a thaw in U.S.-China relations. Markets are watching closely ahead of Trump’s expected meeting with President Xi at the APEC summit, with Treasury Secretary Scott Bessent slated to meet his counterpart Le Lifeng next…
Ethereum price has crashed into a bear market in the past few weeks, but technicals and treasury purchases point to a strong comeback in the near term. Summary Ethereum price has pulled back and moved into a bear market this year. The coin has formed a bullish flag pattern on the daily chart. Companies like BitMine have continued to accumulate Ether tokens. At last check Saturday, Ethereum (ETH) traded at around $3,860, down by over 22% from the year-to-date high of $4,965, but up about 2.4% over the past 24 hours. Ethereum price has numerous fundamental and technical catalysts that…