⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Lorenzo, KiloEx, Hyperliquid, PancakeSwap, Roam, CARV, Synthetix, World Mobile, Morph, HashKey Capital, Balance, and Binance Alpha.
$BANK $KILO $HYPE $CAKE $ROAM $CARV $SNX $WMTx $HSK $EPT $DARK $GOMBLE
$BTC Vietnam’s Finance Ministry has teamed up with Bybit to launch a crypto trading pilot, aiming to establish a regulated digital asset exchange and a robust legal framework.
Announced on April 17, 2025, after a meeting between Bybit CEO Ben Zhou and Finance Minister Nguyen Van Thang, this move targets Vietnam’s booming crypto market, with over 17 million holders and $105B in blockchain-related flows from 2023-2024.
Bybit will provide technical support, including risk control and operational expertise, while a pilot resolution is set for government review in May 2025.
The initiative, backed by SSI Securities’ $200M crypto fund, aligns with Vietnam’s push for blockchain innovation, including a $500M “Make in Vietnam” Layer 1 network. Despite a recent $1.5B Bybit hack, Zhou emphasized full investor reimbursement, reinforcing trust.
How will this partnership shape Vietnam’s role in the global crypto landscape?
#wendy
{future}(BTCUSDT)
🤔 Will Solana Price Hit $160 Soon?
Solana (SOL) is gaining fresh attention in the crypto market as price action heats up after an extended consolidation period. Following a slow bleed from its highs earlier this year, SOL is now attempting to reclaim key technical levels. The question on every investor’s mind is clear: is this the start of a bigger bullish breakout, or just a temporary bounce before more downside? Let’s dive into the daily and hourly charts to uncover what lies ahead for Solana.
🔸 #Solana Price Prediction: Why Is Solana’s Price Climbing Right Now?
After weeks of stagnation near the $100 mark, Solana has finally started showing signs of strength. The move appears to be driven by a combination of factors: renewed buying interest in large-cap altcoins, market-wide recovery sentiment, and encouraging technical signals. On the daily chart, Solana has pushed past its 20-day and 50-day simple moving averages, closing at around $134.69. The Heikin Ashi candles are showing consecutive green bodies, signaling continuous buyer control, while the Accumulation/Distribution Line is slowly trending upward — a subtle but important signal that accumulation is taking place behind the scenes.
The larger crypto market has also shown signs of stabilizing, which gives SOL a more supportive environment to attempt a reversal. But it’s not just macro factors at play. The structure of the Solana chart suggests that the worst of the downtrend may be behind us — provided the next resistance zones are tackled with volume.
🔸 Daily Chart Analysis: A Crucial Turning Point?
Solana’s daily chart paints a cautiously optimistic picture. The price has managed to break above the cluster of moving averages that have suppressed rallies over the past month, including the 50-day and 100-day SMAs. These moving averages now sit below the current price, and could serve as support on any pullback. However, the real test lies ahead. The $140 level, which acted as a pivot zone in previous months, now presents itself as immediate resistance.
#SOL
{spot}(SOLUSDT)