Injective (INJ) surged 14.4% to $6.3, reaching a six-month high driven by increased speculative demand and short position liquidations totaling over $441k. The altcoin's market cap rose 12% to $628 million, supported by rising open interest and derivatives volume, indicating strong market participation and bullish sentiment with longs dominating. However, profit-taking led to a positive net flow of $3.2 million into exchanges, suggesting sellers are active and a potential pullback could occur. If buying pressure continues and RSI surpasses 80, INJ could climb further to $7; otherwise, a correction toward $5.4 is likely.
Stellar (XLM) surged 38.94% to $0.2731, driven by growing interest in its blockchain technology focused on cross-border transactions and financial inclusion. Its market cap reached $9.15 billion, reflecting increased influence in the crypto market. O...
Bitcoin's price stabilized around $74,000 following positive regulatory developments in the US, including the Commodity Futures Trading Commission allowing crypto perpetual futures trading. Despite significant liquidations and outflows from Bitcoin a...
Bitcoin dropped to its lowest level since early April after failing to break above $83,000, signaling a potential bear market with a pattern of lower highs since October. Despite this, US stock futures for the S&P 500 and Nasdaq 100 rose, nearing rec...
DeXe (DEXE) surged 14.38% to $17.38, leading the altcoin market gains thanks to recent partnerships and platform upgrades. Other notable gainers include NEAR Protocol, Worldcoin, Injective, and Render, each rising between 8.9% and 13.9%. On the downs...
