As part of the coming ETH Belgrade, Curve is hosting its Ecosystem Day on June 4th, and we are inviting industry leaders to speak.
Got insights to share with the DeFi community? We have a few speaker slots left and would be glad to hear from you! Topics: veTokenomics, L2 AMMs, DeFi UX, yield stablecoins & more.
Apply now:
WHY IS BITCOIN DUMPING?
THE REASONS 👇
1) OVER LEVERAGE
AFTER BTC BROKE ABOVE ATH, OPEN INTEREST ROSE TO ITS HIGHEST LEVEL SINCE DECEMBER 2024.
ALONG WITH THAT, FUNDING RATE WENT INTO OVERHEATED TERRITORY, WHICH MEANS BULLS WERE GETTING OVER CONFIDENT.
USUALLY WHENEVER THAT HAPPENS, WHALES DUMP THE PRICES TO LIQUIDATE THOSE GREEDY LONGS.
2) TRUMP TARIFFS
TODAY, DONALD TRUMP THREATENED 25% TARIFFS ON APPLE AND 50% TARIFFS ON EU FROM 1ST JUNE.
THIS CAUSED STOCK FUTURES DUMP AND BITCOIN FOLLOWED THE SAME.
3) FED STATEMENT
FED MEMBER SAID TODAY THAT INTEREST RATES COULD GO UP IF THERE IS A CRISIS OVER US FISCAL STABILITY.
WE ALL KNOW THAT FED WON'T RAISE RATES, BUT EVEN THE STATEMENT IS ENOUGH TO SPOOK THE MARKETS.
Hedera’s $HBAR is flexing real strength — holding above key support at $0.18–$0.197. Buyers clearly showed up here, and now the market’s eyeing the next resistance at $0.206–$0.223. 👀
📈 Recently, HBAR broke out of a falling channel — no retest yet, but historically, this asset doesn’t always wait. When momentum hits, it moves fast. 🏃💨
Now, here’s the spicy bit:
🧠 The 5-day MACD just flashed a bullish cross — the same signal that preceded a 686% rally last time. 📊 Could history rhyme?
If we clear $0.223 with volume, it could open the door to a strong breakout. Support at $0.185 is holding, giving this move real legs. 🦵🔥
But it’s not just price action...
Hedera’s AI push is a wild card. 🤖 HashPack just demoed wallet-integrated AI — automated TA reports, token management, on-chain actions, all powered by smart tooling. This is next-level UX. 🚀
HBAR is aligning fundamentals, technicals, and narrative all at once. Keep it on your radar. 📡
As someone who spends a fair bit amount of time (including buying and taking the risk) in low caps I know first hand how dry on-chain liquidity still is DESPITE Bitcoin at all-time highs and Ethereum making a decent comeback surge.
However, while this isn't altcoin season yet, large caps are seeing a decent amount of volatility and inflows.
$SUI, $TAO, $HYPE, $AAVE, $WLD and many more.
These are all billion dollar assets and despite taking a whole lot more capital to pump and move, these are actually leading the charge.
This effectively means LIQUIDITY isn't as thin as you would think. It's not at record levels by al means but it's there.
It's tough to say if this is a good or bad thing however.
On one hand it means people are probably fed up with all the rugs and bad launches lately that they just don't want to go high risk anymore (less appetite for it).
So in this sense it takes care of the dilution and the space is healing (bad actors have less incentive to launch and we are actually already seeing this with most new launches not even able to go behind $500k-$1m anymore or only briefly).
On the other hand, degens with less capital (the reason why they usually prefer low caps to begin with) or just those with a larger risk appetite have a tougher time to make any money at all.
Right now we are moving more in the direction and environment of the stock market than the older days of crypto (big stocks more popular than penny stocks).
Again, it's not particularly bad or anything. It means it's a different environment (for now?).
In certain ways it means it becomes easier if you play it safe but it becomes harder to make decent buck if you play it risky.
Which side do you prefer to play? Think this is better for the industry or worse?
“It’s really sad to see top projects falling.”
$OM dropped 90% due to potential insider activity, large sell-offs, and multiple other concerns.
$LAYER crashed right before its 46M token unlock and is still struggling to recover—just like OM.
And now, SUI's reputation is at risk. Although the Cetus Protocol exploit wasn’t a direct attack on SUI itself, it shook confidence across the entire SUI ecosystem.
“In crypto, a single piece of news can change everything.”
$SUI is already down 15% since the news broke. The current 4H candle is crucial (because of so much selling pressure, it's ot necessary, the current candle may cool down the pressure and starts showing colors from the next one, the key is to watch lower timeframes (< 4h)—if it closes below 3.6570, and especially 3.5830 it could strongly signal further downside. The next potential targets would be 3.4266, followed by the key support zone between 3.08 and 3.2236.
Given the circumstances, I believe we might reach that zone soon—possibly another 12% drop from the current price.
DYOR (Do Your Own Research).
{spot}(LAYERUSDT)
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