PumpSwap processed $2.5 billion in weekly trades, with record-breaking daily fees and over 500 wallets earning $1 million or more from memecoin trading. Market data shows PumpSwap, the decentralized exchange of memecoin launch platform Pump.Fun, processed $2.5 billion of trades last week. DefiLlama data shows that in the week of April 6, PumpSwap saw a trading volume...Continue Reading

Mantra’s comparison to the Terra Luna collapse is inaccurate despite price chart similarities because the token crashes are fundamentally different, crypto community members said. The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many...Continue Reading

Bitcoin takes fresh stabs at $86,000 as trader optimism mixes with distrust of a genuine BTC price trend change based on short-term market behavior. Bitcoin (BTC) eyed new April highs at the April 15 Wall Street open amid skepticism over BTC price strength. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView...Continue Reading

Ethereum’s market dominance has decreased to 7.18%, while a bear flag points to a deeper ETH price correction toward $1,100 in the coming weeks. Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100. On April 9, Ethereum’s market dominance, or the...Continue Reading

XRP’s latest pullback to $1.61 could be part of a classic chart pattern, according to one analyst, with an ambitious target of $20 if the bulls regain their footing. XRP (XRP) price is up 15% over the past seven days from a low of $1.61. According to several technical analysts, a sustained recovery daily close...Continue Reading

Bitcoin can act as a safe haven during trade wars, but its volatility means it’s not a guaranteed refuge. For decades, investors fled to gold and US Treasurys during crises, but in today’s digital, decentralized world, Bitcoin is starting to enter the safe-haven conversation. Despite its volatility, Bitcoin (BTC) has shown signs of resilience during...Continue Reading

Defiance Capital founder Arthur Cheong claimed that centralized exchanges are turning a blind eye to market makers creating artificial crypto prices. A crypto investment executive said the biggest problem with digital asset markets is price manipulation, claiming that collusion between market makers and exchanges distorts token prices.  Arthur Cheong, founder of crypto investment firm DeFiance...Continue Reading

Bitcoin price metrics are up against macroeconomic reality as RSI begins to print signals typically associated with the run-up to bull runs. Bitcoin (BTC) demands a breakout as a key leading indicator reaches its highest levels since January. Data from Cointelegraph Markets Pro and TradingView shows the relative strength index (RSI) hinting at more BTC...Continue Reading

Bitcoin is showing increasing resilience to macroeconomic turbulence, weathering the market downturn better than many traditional assets and signaling a shift in its historical behavior. Bitcoin is showing growing resilience to macroeconomic headwinds compared with traditional financial markets, according to an April 14 report from crypto market maker Wintermute. The report noted that Bitcoin (BTC)...Continue Reading

Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability. Binance, KuCoin, MEXC and other exchanges and wallet providers have been experiencing service issues due to a significant network interruption by Amazon Web Services (AWS). Centralized cryptocurrency exchanges (CEXs) were hit by...Continue Reading