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Solana’s 3.89% recovery tests key resistance at $135, signaling a possible breakout. Increasing active addresses and futures interest boost Solana’s bullish momentum. A break above $135 could push SOL to $165, while failure may lead to a $125 retest.
XRP struggles near $2 as Ripple’s massive token unlock and collapsing network activity drive bearish momentum. Technicals point to $1.90 as a critical support.
LUNC trading volume spikes, sparking speculation of a 600% price surge, with analysts eyeing $0.0004295 as a target. Binance burns 522M LUNC, reducing supply and fueling optimism as total burns surpass 70 billion tokens. The community votes on a burn tax increase, debating whether raising it to 1.5% will boost burns or hinder network activity.
Shiba Inu lost 21% after hitting $0.00001567, facing heavy resistance at that level. Analyst Nebraskangooner warns of a fake breakout and further downside risks for SHIB. Enthusiast JD Hatefi predicts SHIB will go parabolic if Bitcoin hits $150,000.
Institutional strategies around Bitcoin are shifting from speculative bets to income-oriented structures.
Grayscale’s move to convert its Digital Large Cap Fund into an ETF could alter market access for XRP, though macroeconomic headwinds continue to weigh on its short-term outlook.
Worldcoin (WORLD) surged after ChatGPT launched its image-generation feature.
- 01:12Early UNI Allocation Address Transfers 9 Million UNI to CEX, Valued at $47.07 MillionAccording to Jinse, on-chain analyst Yujin monitored that an investor or institutional address receiving 9 million UNI from Uniswap in September 2020 has transferred all 9 million UNI (approximately $47.07 million) to CEX earlier today. This address had not recorded any outbound transactions previously, marking this as the first large-scale transfer.
- 01:09The President of The ETF Store: Still Believes All Crypto ETFs Delayed by the SEC Today Will Be Approved This YearAccording to a report by Jinse, The ETF Store President Nate Geraci disclosed that the U.S. Securities and Exchange Commission (SEC) today delayed the approval decisions for several cryptocurrency ETF applications. The products involved include Franklin's SOL and XRP ETFs, Grayscale's HBAR ETF, Bitwise's DOGE ETF, staking schemes for Franklin and Fidelity's Ethereum ETFs, Franklin's cryptocurrency ETF, and Invesco Galaxy's Bitcoin and Ethereum ETFs with physical redemption mechanisms. Nate Geraci stated that he still believes these products will be approved within this year.
- 01:08JPMorgan: Robinhood's Crypto Business Revenue Expected to Decline in Q1 After Record in Late 2024PANews, April 30, according to CoinDesk, JPMorgan analyst Kenneth Worthington predicts that Robinhood (HOOD)'s record crypto trading revenue in the fourth quarter of 2024 may not be sustainable, with digital asset trading volume possibly declining in the first quarter of 2025. The trading platform is set to announce its first-quarter earnings after the market close on May 1, Eastern Time. The report shows that Robinhood's crypto trading revenue surged by 700% in the fourth quarter of last year, driving a significant increase in overall trading revenue. However, impacted by a late-quarter sell-off in both stocks and bonds and a cryptocurrency market correction, crypto trading volume for the quarter is expected to decrease from $71 billion in Q4 to $52 billion. Assets under custody (AUC) are expected to decline by 5% quarter-over-quarter to $183.3 billion, but still up 41% year-over-year. Despite a retail buying stimulus due to U.S. tariff policies at the beginning of April, analysts believe this is unlikely to reverse the first-quarter downturn. Weak demand for margin and derivatives trading may further drag down performance. JPMorgan maintains a "neutral" rating, lowering the target price by $1 to $44, implying about a 10% downside from the current $49 stock price.