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Cardano remains in consolidation, setting up for a potential 25% price move if price breaks out. Crowd’s sentiment is bearish on ADA while Smart Money is bullish — what does it mean going forward? Cardano ranks at position 2 in GitHub development activity across all blockchains, reinforcing its position as one of the most actively built ecosystems.
Litecoin rising wedge channel keeps an eye on the upper trendline anticipating breakout. Highest LTC social activity share crossing 1.9% as LTC futures open interest soars to a 4-year high with $758 Million. LTC cumulative short liquidation leverage over long liquidation leverage.
The savings could climb to $325,561 per person if state-level wage-based income taxes are also eliminated, the report notes.
Asset Management Firm made the first major ETH deposit of 30,006 ETH worth $80.48M into Binance from Metalpha’s multi-signature wallet in three months. Bybit recovers 15000 ETH with Mantle cmETH swap. ETH’s trendline magic strikes again as it bounces from major support at $1,147.86, $1,044.62, & now $2,686.93 where it pumped 131%, 97% respectively and now it’s on the same major trendline again with 171% possible gains on the cards.
Ethereum is rebounding after a sharp drop due to the Bybit hack, with RSI gains and rising whale accumulation signaling renewed bullish momentum.
BTC Bulls defending the $96K crucial support, and the Falling Wedge is also in play with expectation of a rally towards the $106k Resistance once the hack FUD cools. When BTC price is overlaid on the heatmap shows gradual increase as the market entered the new regime change where Open Interest (OI) began increasing. Is $200k+ possible this cycle after Bitcoin Terminal Price surpassed $200K?
- 06:45Market Report: BTC Strongly Surpasses $93,000, Altcoins Broadly RiseMarket report as of April 24th: The total market capitalization of the cryptocurrency market reached $2.92 trillion, up 0.85% from the previous day. BTC surged above $94,500 before a brief pullback, still at its highest price level in nearly two months; yesterday, BTC ETF saw an inflow of $917 million in a single day, with a cumulative net inflow of over $2 billion this week; ETH is currently consolidating around $1,800, with the ETH/BTC exchange rate rising by 10% in the short term, ETHD rebounding to 7.4%; the overall long-short ratio is 0.98, with the bearish forces at their lowest in 24 hours; after a general rise, altcoins have adjusted, and the AI agent and meme sectors still perform significantly better than other sectors; NEIROETH, TURBO, BRETT, and MUBARAK rose in the Meme sector, while the official Trump meme coin TRUMP surged, leading to a similar surge for Melania's meme coin MELANIA.
- 06:44Analyst: The Number of Addresses Depositing Bitcoin to Exchanges Has Been Steadily Declining Since 2022CryptoQuant analyst @AxelAdlerJr posted data on social media indicating that since 2022, the number of addresses depositing Bitcoin to exchanges has been steadily declining: the 30-day moving average has currently dropped to 52,000 addresses, while the 365-day average level is 71,000 addresses. Meanwhile, over the past decade, the most common distribution was around 92,000 addresses, with the current number of addresses equivalent to the level in December 2016. This trend is inherently bullish because investors have reduced Bitcoin sales by fourfold over the past three years. Essentially, this represents a growing HODL sentiment, which significantly decreases selling pressure and lays the foundation for further growth.
- 06:44Reservoir to Cease NFT and API Services on October 15, Focus on Relay Protocol in the FutureAccording to the official news from Reservoir, its NFT trading infrastructure and API services will officially terminate on October 15, 2025. New account registrations have already been stopped, but existing users can continue to use the services until the shutdown date. To assist with the transition, Reservoir has collaborated with 0xSequence and Alchemy to provide alternative solutions and has opened all its code for developers to reference. In the future, the team will focus on Relay Protocol, enhancing cross-chain token and NFT trading experiences.