- **Solana (SOL)** is up 5% today, trading at **$210**, as its DeFi ecosystem continues to expand. - **Chainlink (LINK)** is surging 7% to **$25**, driven by growing adoption in RWA tokenization. - **Avalanche (AVAX)** is holding strong at **$50**, with new partnerships boosting its ecosystem.
Altcoins are shining, and innovation is everywhere! Keep an eye on these movers. 🌟
ANALYSIS: Shiba Inu’s open interest has plunged 50% to $155.83 million, suggesting traders are reducing leverage amid market uncertainty, while trading volume has surged 22.14% to $131.48 million.
ANALYSIS: Solana led weekly application revenue with $109.5M (65% market share), followed by Ethereum ($19.9M), BNB ($19.6M), and Base ($13.1M), all experiencing declines.
JUST IN: Semler Scientific (SMLR) has purchased 871 more Bitcoin for $88.5 million, bringing its total holdings to 3,192 BTC, making it one of 29 publicly traded companies with Bitcoin on their balance sheet.
OPINION: Vietnam Blockchain Association chairman Phan Đức Trung believes the country’s proposed digital assets legalization framework could reduce crypto fraud, citing a recent $100 million scam exploiting regulatory loopholes.
📝 What does the monthly Bitcoin chart indicate? $BTC BTC 99,702.91 +2.48% ➡️ While short timeframes often send conflicting signals, the monthly chart allows for a clearer distinction between periods of distribution and accumulation. ➡️ Pay attention to the candlestick shadows. Long upper shadows reflect the bulls' inability to hold onto highs, signaling the start of distribution (i.e., an upcoming bear market). ➡️ Long lower shadows, on the other hand, suggest that whales are actively buying the dip (i.e., the market is likely to go up). 📈By the way, we're currently seeing the second scenario. Another confirmation that the bull rally will continue✨
🚨TODAY: US stock market futures plummeted after US President Donald Trump’s recently announced trade tariffs on China, Mexico and Canada, while around $341 billion was wiped out of the crypto markets over the past 24 hours.