onomiblock

TLDR SHIB broke out of two descending trendlines and is trading near $0.00001373 Technical analysis shows SHIB completing a WXYXZ correction with wave (v) in progress Key resistance level at $0.0000145; breakthrough could trigger upside momentum Support zone between $0.0000126-$0.0000128 remains intact, providing bulls a strong base Despite 150 billion tokens dumped by hackers, the market has shown resilience Shiba Inu, one of crypto’s popular meme coins, is showing signs of strength after completing a technical correction pattern. As of April 29, 2025, SHIB trades at approximately $0.00001363 with a market cap of around $8.13 billion. The token has broken out of a descending wedge pattern formed since March 2024. This breakout signals the end of a long-term corrective structure that had been keeping prices suppressed. Technical analysis reveals SHIB formed a large WXYXZ correction within this pattern, which completed on April 7 at $0.00001030. Since then, the price has rall...

TLDR Trump Organization’s $1B Dubai tower will accept cryptocurrency for luxury condo purchases Condos range from $1M to $20M, with two penthouses priced at $20.4M each Construction starts late 2025, completion expected by 2030 Project developed in partnership with Dar Global, a London-listed developer Trump family expanding crypto involvement beyond this project into NFTs, advisory roles, and Truth Social The Trump Organization is venturing into new territory in Dubai’s luxury real estate market with plans to accept cryptocurrency payments for condominiums in its upcoming $1 billion Trump Tower Dubai project. The development, announced by Eric Trump, Executive Vice President of the Trump Organization, will break ground in late 2025 with completion expected by 2030. “This is going to be the first large-scale project that takes Bitcoin to buy units,” Eric Trump said. “That’s exciting because I love that world and believe in cryptocurrency.” While specific details about which...

TLDR SEC has delayed decisions on spot XRP and Dogecoin ETFs until mid-June 2025 Bitwise DOGE ETF decision moved to June 15, Franklin XRP Fund to June 17 Multiple firms are filing for various crypto ETFs amid a more crypto-friendly regulatory environment New SEC Chair Paul Atkins is considered favorable to crypto development Final deadlines for most crypto ETF filings are expected in October 2025 or later The Securities and Exchange Commission (SEC) has postponed its decisions on whether to approve exchange-traded funds (ETFs) tracking XRP and Dogecoin, setting new deadlines for mid-June 2025. The delays, announced in filings made on Tuesday, push the next decision steps for the Bitwise Dogecoin ETF to June 15 and the Franklin XRP Fund to June 17. According to the SEC filings, the Commission needs more time “to consider the proposed rule change and the issues raised therein.” Under current regulations, the SEC has 45 days from when a proposed rule change is announced to eithe...

TLDR BNB price is consolidating above the $595-$600 support zone with a rising channel formation Technical indicators including MACD and RSI show bullish momentum building A clear move above the $610 resistance could trigger a rally toward $620-$635 BNB is among the most resilient altcoins, trading only 10% below previous cycle’s all-time high BNB Chain shows strong fundamentals with 1.1 million daily active addresses and over 5,600 DApps Binance Coin (BNB) is showing signs of a potential breakout as it consolidates above key support levels. Currently trading around $602, BNB has established a strong base above $592 and is testing important resistance levels that could determine its next major move. The fifth-largest cryptocurrency by market capitalization has formed a key rising channel with support near $600 on the hourly chart. After reaching a local high of $611, BNB experienced a minor correction but quickly found support at $598, indicating strong buying interest at cur...

Gros Islet, Saint Lucia, Saint Lucia – Structural changes in the global trading landscape. As retail traders find it increasingly difficult to participate in the world of trading, the world of trading is undergoing a structural shift. Leading the charge is Supertrade – the next-generation prop trading platform that provides a profitable, sustainable solution away from ‘traditional’ retail models. The retail trader has for years struggled with limited capital and extreme market volatility, not to mention a stark absence of institutional support. Traditional brokers offer not much more than plain execution, and that is simply not enough protection and support for individuals. It’s a landscape that has made growth consistent with the accounts hard, and survival even harder.  Now, a better solution has emerged. Funded trading accounts are rapidly gaining traction, and Supertrade trading is leading this new wave with a comprehensive and accessible approach to professional trading. Wh...

TLDR SHIB has broken through two major descending trendlines that dominated its 2024-2025 price action Technical indicators like WaveTrend Oscillator, RSI, and LMACD show early bullish reversal patterns Analysts predict a potential 124% surge by May 2025, targeting the $0.00003 level Recent hacker activity threatens stability as 150 billion SHIB tokens were offloaded SHIB is currently battling resistance between $0.0000142 and $0.0000145, with key support at $0.0000126-$0.0000128 Shiba Inu (SHIB) is showing promising signs of a major price breakout after overcoming two critical descending trendlines that have capped its movement throughout 2024 and early 2025. The meme token, which bottomed out near $0.00001 in late April, has climbed to around $0.0000135 at the time of writing. Technical analysis reveals SHIB has breached significant resistance levels. The first major downtrend began in March 2024, creating a series of lower highs and lower lows until SHIB broke above this t...

TLDR Bitcoin ETFs have recorded seven consecutive days of net inflows totaling over $3.75 billion BlackRock’s IBIT had its second-best day ever with $970.9 million in inflows on April 28 Total Bitcoin ETF assets have rebounded to $109.3 billion, up from $85.7 billion on April 8 Ethereum ETFs are also showing signs of recovery with three consecutive days of inflows Grayscale met with SEC to advocate for allowing Ethereum ETPs to participate in staking Bitcoin ETFs are experiencing a strong revival as investors pour billions into these investment vehicles. The past week has marked an impressive streak of seven consecutive days of net inflows, totaling over $3.75 billion according to recent data. BlackRock’s IBIT fund led the charge with an eye-catching $970.9 million in net inflows on April 28 alone. This represents the fund’s second-best day ever, only surpassed by the $1.1 billion it attracted just after the US elections on November 7. The strong performance of BlackRock’s B...

TLDR Ethereum Foundation splits responsibilities between board and management team Hsiao-Wei Wang and Tomasz K. Stańczak appointed as co-executive directors Board includes Vitalik Buterin, Aya Miyaguchi, Patrick Storchenegger, and Wang Foundation’s priorities: scaling Ethereum L1, improving L2 connections, enhancing user experience Changes follow criticism about foundation’s engagement with ecosystem development The Ethereum Foundation has announced a major restructuring of its leadership team, creating a clear separation between its board of directors and management operations. The changes, announced in an April 28 blog post, come as the organization seeks to strengthen its focus on key priorities while addressing criticism from community members. Under the new structure, the board will function as a “security council” that protects the core values of the foundation and sets long-term visions. Meanwhile, the management team will handle day-to-day operations and execute stra...

TLDR FTX has filed lawsuits against NFT Stars and Delysium (Kurosemi) for failing to deliver tokens owed under investment agreements The lawsuits seek return of over 83 million SIDUS, 831,000 SENATE, and 75 million AGI tokens, plus damages FTX made multiple attempts to resolve the disputes before turning to litigation The legal action is part of FTX’s broader strategy to recover assets for creditor repayments FTX warns other token issuers that it will pursue litigation if they don’t return assets that belong to the exchange The FTX Estate has opened a new chapter in its asset recovery efforts. The bankrupt crypto exchange filed lawsuits against token issuers NFT Stars and Kurosemi (doing business as Delysium) on Monday. These legal actions claim both companies failed to deliver tokens that were promised under investment agreements with Alameda Ventures. Filed in U.S. Bankruptcy Court in Delaware , the complaints seek to force these companies to turn over tokens that FTX claim...

TLDR Liberal Party leader Mark Carney won Canada’s election over pro-crypto Conservative Pierre Poilievre Poilievre lost his own parliamentary seat to Liberal candidate Bruce Fanjoy Liberals secured approximately 162 seats, enough for at least a minority government Trump’s tariffs and sovereignty threats against Canada heavily influenced the election outcome Crypto played a minimal role in the Canadian election despite being important in recent US races Mark Carney has emerged victorious in Canada’s federal election, defeating Conservative Leader Pierre Poilievre who had been a vocal supporter of cryptocurrency. The election outcome represents a dramatic reversal of fortune for Poilievre, who held a substantial lead in polls and prediction markets for over a year before seeing his chances collapse in recent months. As of early Tuesday morning, Carney’s Liberal Party secured approximately 162 seats according to data from Elections Canada as reported by CBC. T his gives the Lib...

TLDR TRUMP coin team deposited $20 million worth of tokens to exchanges right before the announced presidential dinner On-chain activity surged 200% after dinner announcement with nearly 10,000 wallets trading to secure spots Token price rallied nearly 70-80% over the past week, reaching around $14-16 Democratic senators called for an inquiry into the upcoming dinner for top token holders Trading volume exceeded $2 billion, accounting for nearly 50% of all meme coin trading volume The TRUMP coin, a PolitiFi token associated with President Donald Trump, has experienced dramatic price movements and trading activity in recent days. The token’s team deposited approximately $20 million worth of tokens to major cryptocurrency exchanges just ahead of a highly anticipated dinner event with the President. On April 29, blockchain analytics platform Lookonchain reported that a wallet linked to the TRUMP coin team offloaded significant amounts of tokens to exchanges. Specifically, 700,00...

TLDR Grayscale met with SEC’s Crypto Task Force on April 21 to advocate for Ethereum ETF staking U.S. Ethereum ETPs have missed approximately $61 million in staking rewards through February 2025 Grayscale proposed a “point-and-click” staking model with multi-layered liquidity strategy to mitigate risks SEC has postponed its decision on the proposal until June 1, 2025 Non-U.S. markets in Europe, Canada, and Hong Kong already allow staking in Ethereum ETPs Grayscale Investments is making a strong case to the U.S. Securities and Exchange Commission to permit staking capabilities for Ethereum exchange-traded products (ETPs) , arguing that investors are missing out on millions in potential rewards while international competitors forge ahead. Representatives from Grayscale met with the SEC’s Crypto Task Force on April 21 in Washington D.C. The meeting focused on amending Form 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) t...

TLDR Bitget is pursuing legal action against eight accounts linked to a “professional arbitrage group” for allegedly manipulating VOXEL token trading The incident on April 20 saw VOXEL trading volume surge to $12.7 billion, with suspicious price swings Bitget has promised to distribute all recovered funds (estimated at $20 million) to users through airdrops Some crypto traders suggest the incident was caused by a malfunction in Bitget’s market-making technology Bitget has temporarily suspended certain accounts from trading, depositing, and withdrawing while investigating Cryptocurrency exchange Bitget has launched legal action against eight trading accounts it claims manipulated the VOXEL token market and illegally profited more than $20 million during an unusual trading surge on April 20. Jiayin Xie, Bitget’s Chinese representative, announced on April 27 that legal letters have been sent to these accounts, which the exchange believes belong to a “professional arbitrage gro...

TLDR Trump’s meme coin dinner contest with top holders has earned insiders nearly $900,000 in two days The $TRUMP token jumped more than 50% after announcing the top 220 holders would have dinner with the president Token insider sales have been delayed by an additional 90 days beyond the original vesting schedule Democratic Senators Warren and Schiff are calling for an ethics investigation into potential “pay to play” corruption The Trump family has multiple crypto ventures including $TRUMP, $MELANIA, and World Liberty Financial President Donald Trump’s latest cryptocurrency venture has drawn both financial gains and ethical scrutiny. The president’s $TRUMP meme coin announced a special dinner for its top token holders , causing the coin’s value to surge while raising questions about the monetization of presidential access. On Wednesday, the $TRUMP token’s website announced that the top 220 holders would be invited to dinner with President Trump at his Washington-area golf cl...

TLDR World Liberty Financial (WLFI) founders met with Binance’s CZ in Abu Dhabi to discuss global crypto adoption WLFI signed a Letter of Intent with the Pakistan Crypto Council to promote blockchain and DeFi in Pakistan Pakistan ranks ninth globally for crypto adoption with 25 million active users and $300 billion in annual transactions DWF Labs recently purchased $25 million worth of WLFI governance tokens WLFI currently holds over $102 million in cryptocurrency assets according to Arkham data World Liberty Financial (WLFI), the Trump-backed crypto lending and borrowing platform, has taken major steps to expand its global presence. The company’s founders recently met with former Binance CEO Changpeng Zhao in Abu Dhabi while also formalizing a partnership with the Pakistan Crypto Council. On April 27, WLFI announced via a post on X that its founders Zach Witkoff, Zak Folkman, and Chase Herro had met with CZ in Abu Dhabi. The meeting focused on ways to grow cryptocurrency ado...

TLDR Monero (XMR) price surged by approximately 40-50% in 24 hours, reaching around $320 Trading volume increased from an average of $50 million to over $220 million Speculation links the price surge to a potential $330.7 million Bitcoin theft where funds were allegedly converted to Monero XMR’s open interest reached its highest level since December 20, 2024 Technical analysis suggests a possible continued rally toward $345 Monero (XMR), the privacy-focused cryptocurrency, has experienced a dramatic price surge, jumping over 40% in a single day to reach approximately $320. This marks the highest price level for XMR since May 2021 and comes amid increased trading activity and speculation about the cryptocurrency’s use in a high-profile conversion of funds. The sudden price increase has pushed Monero to the 23rd position among all digital assets with a market cap of about $5.83 billion. Trading volume has more than quadrupled, rising from an average of $50 million on a seven-da...

TLDR Pi Network price currently trades at $0.61, with rumors that HTX exchange may soon list the token HTX has posted several images with Pi Network logo, fueling speculation of an upcoming listing Analyst Dr. Altcoin predicts a price rally might begin in mid-May during the Consensus Summit 2025 RSI indicators show oversold conditions on the four-hour chart, potentially setting up for a reversal Pi Network price could reach $5 in the future according to some predictions, which would give it a $35 billion market cap Pi Network’s cryptocurrency PI has captured attention as rumors spread that HTX exchange may soon list the token. This potential listing on one of the largest crypto exchanges has sparked speculation about a possible price rally to $5. Currently trading at $0.61, PI has seen a 3.42% decline in the last 24 hours. However, trading volumes have increased by 27% to $68 million, according to data from CoinMarketCap. The rumor of an HTX listing gained traction after the...