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Key takeaways SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido. The allocation will be converted into wrapped staked ETH and held with Anchorage Digital. wstETH enables SharpLink to earn staking rewards while retaining access to DeFi liquidity. SharpLink Gaming (SBET) plans to allocate $200 million worth of Ethereum to Lido as [ ] The post LDO surges as SharpLink seeks…
Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization. Bitcoin (BTC) shows signs of stabilization on Friday after recovering from a [ ] The post Bitcoin holds $62,300 support…
Key takeaways Hyperliquid gained 2% on Thursday after advancing nearly 3% in the previous session. Hyperion DeFi s HYPE holdings recorded a $31 million fair-value increase during the second quarter. HYPE futures Open Interest rose more than 4% to $2.38 billion, while trading volume jumped 45%. Hyperliquid (HYPE) extended its recovery on Thursday as sustained corporate [ ] The post Hyperliquid…
Key takeaways XLM remains under pressure at $0.160. Positive funding rates for both tokens offer limited hope of a recovery. XLM must reclaim the $0.176 $0.180 area to improve its outlook. XLM continues to trade below several major moving averages. Mixed derivatives and on-chain signals reveal uncertainty among traders, leaving XLM exposed to further losses despite [ ] The post Stellar’s XLM token…
Key takeaways Uniswap falls nearly 6% on Wednesday after declining 5% in the previous session. Uniswap has launched Continuous Clearing Auctions on Avalanche, allowing teams to conduct on-chain token sales and bootstrap liquidity. UNI s social dominance and volume have fallen sharply, signaling weaker retail attention. Uniswap (UNI) faces intense selling pressure on Wednesday, falling nearly [ ]…
Key takeaways Harmony s ONE token plunged roughly 40% following an apparent exploit that created about 4 billion tokens. The unauthorized issuance was equivalent to approximately 26% of ONE s existing supply. Harmony released an emergency software update to prevent further minting and urged network operators to install it immediately. Harmony s ONE token fell approximately 40% on [ ] The post…
Key takeaways Bitcoin trades below $64,000 as stalled US-Iran negotiations weaken demand for risk-sensitive assets. Rising oil prices are increasing inflation concerns and expectations of another Federal Reserve rate hike. US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, ending a five-day inflow streak. Bitcoin (BTC) is struggling below $64,000 at the [ ] The post Bitcoin…
Key takeaways Stellar has fallen below a critical support zone. The long-to-short ratio for XLM has declined to 0.94 and 0.90, respectively. The funding rate for XLM has turned negative, reflecting stronger demand for short positions. XLM continues to underperform Stellar (XLM) remains under pressure on Tuesday after recording modest declines during the previous session. [ ] The post Stellar price…
Key takeaways XRP trades around $1.03 after falling more than 5% during the previous week. The token remains below its 50-day, 100-day, and 200-day EMAs, maintaining a bearish technical structure. An RSI reading near 39 and a negative MACD signal indicate persistent selling pressure. XRP trades near $1.03 on Monday, recording a modest rebound after [ ] The post XRP rebounds to $1.03 but bearish…