Crypto World

Hedera (HBAR) risks dropping to February lows if $0.08 gives way

Published

2 hours ago

15 April 2026

NewsAdmin

Pi Network slides below $0.17 as exchange inflows signal selling pressure

Hedera (HBAR) price is hovering near a fragile $0.08 support cluster.
Losing $0.08 could open a move toward $0.07842 or lower.
Upside only improves if the $0.0942 resistance is reclaimed.

Hedera’s price has been drifting lower again, and the latest price action is starting to circle a level that traders are watching very closely.

At around $0.0856, the token is down about 1.5% over the past 24 hours, with intraday trading ranging between $0.0846 and $0.0875.

On the surface, it looks like a normal pullback in a weak market.

But underneath, the structure is tightening around a critical zone that could decide whether the next move is stable consolidation or a deeper slide toward February’s lows near $0.072.

HBAR price analysis

Notably, the broader trend hasn’t been friendly to altcoins in general.

Over the past week, Hedera has lost more than 6%, and the monthly decline is now above 12%.

Even longer-term momentum remains negative, with the asset still significantly lower compared to where it traded a year ago.

What makes the current situation more sensitive is that this weakness is happening without any strong internal catalyst.

There has been no major ecosystem shock or technical breakdown tied to the project itself.

Instead, the pressure is coming from a wider rotation out of altcoins and into safer assets, leaving tokens like HBAR more exposed to downside moves.

Pressure builds around a fragile support zone

Right now, the most important area on the chart sits just below the current price.

Short-term support has been forming around $0.0838, while another closely watched structural level sits at $0.08067.

These two zones are effectively acting as a support cluster. If they hold, price action could continue to move sideways as traders wait for new catalysts.

But the problem is that this cluster has already been tested indirectly through repeated dips and weak bounces.

Each retest weakens confidence. If selling pressure increases again, there is very little structural support until lower levels come into play.

Below this region, historical price data points to a more significant breakdown zone near $0.0703.

That would represent a much deeper correction, but markets rarely move in straight lines.

Before that level becomes relevant, traders are focused on a nearer and more psychologically important target: the February low at approximately $0.07270.

If price loses the $0.08 region decisively, the path toward that February floor opens quickly.

In thin or sentiment-driven markets, these levels tend to act like magnets.

Upside potential is still there, but it needs confirmation

Despite the current pressure, the structure is not entirely broken. There is still a clear resistance ladder above the market that could come into play if sentiment shifts.

The first key level sits at $0.0942. A move back above this zone would signal that buyers are regaining control in the short term.

Above that, the next resistance zones are located around $0.1051 and then $0.1174, marking progressively stronger recovery thresholds.

However, the market is not in a position where upside levels are immediately relevant.

Before any recovery attempt can take shape, the price needs to stabilise and reclaim lost ground. At the moment, that has not happened.

Instead, each rally attempt has been smaller than the previous one, which is often a sign of weakening demand.

HBAR price outlook

The near-term outlook now hinges on one simple condition: whether $0.08 holds or breaks.

If buyers defend this area again, Hedera could continue ranging between the mid-$0.08s and low-$0.09s while waiting for a stronger catalyst. In that case, price action would likely remain choppy but contained.

If $0.08 fails, however, the structure shifts quickly, and market projections place the next visible target as the February low at $0.07796, and below that, the broader support zone near $0.0727 comes into view.

The speed of any drop would depend on how quickly liquidity disappears below current levels.

But there is still one wildcard in the background: upcoming Hedera Hashgraph ecosystem developments and broader market sentiment shifts.

These events can temporarily interrupt bearish momentum, but so far, they have not been strong enough to reverse the current trend.

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Justin Sun just dropped a new strategic framework for Tron and TRX is responding.

The token is trading at $0.3234, up 1.1% in 24 hours. The modest price move understates what the roadmap is actually signaling if it gains traction.

The detail most headlines are missing is the quantum angle. Sun is positioning Tron as a quantum-resistant Layer-1, with protocol-level upgrades targeting post-quantum cryptographic standards alongside expanded DeFi and stablecoin settlement rails. That reframes the entire long-term infrastructure thesis for the network.

The announcement hit Sun’s official channels and immediately split crypto Twitter between technical optimism and the skepticism that follows any Sun-led initiative. Both reactions are predictable. The more important context is that Tron’s stablecoin volume is already among the highest of any chain. This roadmap is building on a concrete base, not a whitepaper premise.

The broader market is recovering on macro tailwinds, which gives this announcement better timing than it might otherwise deserve. TRX price action now becomes the cleanest read on whether the market is pricing the roadmap as signal or noise.

Can Tron (TRX) Crypto Price Hit $0.40 This Week?

TRX is holding $0.32 as immediate support, a level it has defended across multiple sessions. CoinLore’s forecast data places near-term resistance in the $0.34–$0.36 band, a range that has capped rallies throughout the current consolidation phase. Volume on the 24-hour print remains moderate, suggesting accumulation rather than a momentum-driven breakout, for now.

Moving average structure is constructive. Price sits above the 50-day MA, and short-term momentum indicators have not flashed overbought conditions, leaving room for a leg higher without immediate mean-reversion risk.

Projections flag $0.38–$0.42 as achievable within a 30-day window under a sustained bull scenario.

TRX is still orbiting that same decision zone, and $0.36 is the trigger, because if price breaks and holds above it with real volume, that is where momentum unlocks and a quick push toward $0.40 becomes realistic.

For now though it still looks like digestion, with price stuck between $0.32 and $0.36 while the market processes the news, so instead of a breakout you get a slow grind as long as sentiment does not fade.

The level that really matters underneath is $0.30, because as long as it holds, structure is still intact, but if it breaks, things flip bearish fast and $0.27 comes into play, especially if the broader market weakens.

What makes this more interesting is the longer term angle, because expectations are still leaning bullish, but it all depends on execution, and that is the part the market will price in quickly, not months later.

So in the short term, $0.34 is the tell, because how price reacts around that level this week will show whether buyers are actually stepping in or just waiting.

Maxi Doge Targets Early-Mover Upside as TRX Tests Key Resistance

TRX at $0.32, with a clear ceiling at $0.36, means the upside for late entrants is capped at 10–12% to the next resistance band. For traders who missed the base, the broader bull market setup raises an obvious question: where does the asymmetric risk actually sit right now?

One answer generating traction in presale circles is Maxi Doge (MAXI), a meme token built on Ethereum that packages the 1000x leverage trading mentality into a community-driven ecosystem.

The concept (a 240-lb canine juggernaut who never skips leg day, never skips a pump) is absurd by design, which is exactly the point.

The presale has now raised $4,734,794.34 at a current token price of $0.0002813, with staking rewards distributed daily via smart contract.

Features include holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury backing liquidity and partnerships, and futures platform integrations built for the ROI-hunter demographic. Early-stage meme tokens carry substantial risk of total loss, that’s the trade-off for the entry price. For those who’ve done the research, the Maxi Doge presale is live now.

Visit Maxi Doge Here

The post Justin Sun Just Revealed a Quantum-Resistant Roadmap for Tron: Is TRX About to Break $0.40? appeared first on Cryptonews.

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Crypto World

Pakistan ends seven-year crypto restriction, allows banks to serve licensed providers

Published

12 minutes ago

15 April 2026

NewsAdmin

Pakistan ends seven-year crypto restriction, allows banks to serve licensed providers

Pakistan’s central bank notified all banks and financial institutions in the country that the ban on providing crypto services has been lifted.

However, according to the new state bank rules, banks are banned from investing, trading or holding crypto assets using their own funds or customer deposits.

The State Bank of Pakistan’s move follows the recent enactment of the 2026 Virtual Assets Act, which establishes Pakistan’s Virtual Asset Regulatory Authority (PVARA to license, regulate and supervise the sector.

The central bank replaced its 2018 ban on crypto with new rules that permit regulated banks and other financial institutions to open accounts for crypto firms approved under PVARA.

Under the new state bank framework, banks can provide services to virtual asset service providers (VASPs) licensed under the new crypto act, as well as to those seeking approval, subject to strict compliance with anti-money laundering (AML), know-your-customer (KYC), and other counter-terrorism financing regulations.

“Subject to strict compliance with the conditions outlined herein, SBP Regulated Entities (REs) may open bank accounts of entities duly licensed by PVARA as Virtual Asset Service Providers (VASPs),” the State Bank of Pakistan said.

The central bank’s rules also set out detailed conditions for onboarding crypto firms, which include mandatory verification of licenses, enhanced due diligence and ongoing supervision of all their transactions.

In December, the government of Pakistan and Binance signed a memorandum of understanding (MOU) allowing the world’s largest crypto exchange by trade volume to explore the tokenization of up to $2 billion in bonds, treasury bills and commodity reserves in Pakistan.

That same month, the Chairman of Pakistan’s Virtual Assets Regulatory Authority (VARA), Bilal Bin Saqib, announced in a video interview with CoinDesk his country’s plans to accelerate crypto adoption, leverage Bitcoin mining, and launch a national stablecoin.

Roughly 40 million or about 17% of the Pakistani population are involved in crypto trading, the government said in February. The country is the third-largest crypto market by retail activity, ahead of places like Germany and Japan.

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Crypto World

End of ‘Mini Crypto Winter,’ as Bitmine Posts $3.8B Quarterly Loss

Published

18 minutes ago

15 April 2026

NewsAdmin

End of ‘Mini Crypto Winter,’ as Bitmine Posts $3.8B Quarterly Loss

Bitmine Immersion Technologies chairman Tom Lee said Wednesday that the recent crypto slump was a “mini crypto winter” that may already be ending, in comments that came shortly after the company disclosed a multibillion-dollar quarterly loss tied largely to unrealized markdowns on the company’s Ether holdings.

During a keynote speech at Paris Blockchain Week 2026, Lee said that equity markets have bottomed due to the US-Israel war with Iran, and that Ether (ETH) will emerge from its “massive consolidation,” driven by tokenization and agentic artificial intelligence initiatives tied to the smart contract network.

Lee argued that equities have reached their bottom, leading to a recovery from what he called an “unusual” crypto market downturn, which didn’t coincide with a wider bear market in stocks for the first time. “Equity markets bottom on bad news. And we’ve had a lot of bad news,” said Lee, citing historical examples of stock markets bottoming out after the outbreak of wars.

Lee also said ETH is “probably on its way to 60,000” if his market thesis is correct and later described $62,000 as a fair-value scenario over the next few years, based on Ethereum reaching roughly one-quarter of Bitcoin’s (BTC) long-term value.

His comments come amid a wider crypto market downturn that has seen Ether’s price fall 43% since October 2025 to trade around $2,327 at the time of writing, significantly below Bitmine’s average cost basis of $3,660, according to data from Bitminetracker.

*Thomas Lee, the co-founder, keynote speech at Paris Blockchain Week 2026. Source: Cointelegraph*

Bitmine posts $3.8 billion quarterly loss on Ether holdings

Lee’s comments also follow Bitmine’s posting of a $3.82 billion loss on its Ether holdings during the first quarter of the year, according to a Tuesday filing with the US Securities and Exchange Commission.

*Bitmine form 10-q filing with the Securities and Exchange Commission. Source:* *sec.gov*

The figure was mainly driven by the company’s over $3.78 billion in unrealized losses on its crypto holdings. Bitmine also reported $11 million in revenue, including $10.2 million from ETH staking.

Despite the mounting losses, Bitmine announced a purchase of 71,524 Ether on Monday, with the company now holding roughly 4.04% of the total Ether supply. The latest acquisitions came shortly after Bitmine debuted on the New York Stock Exchange on April 9, uplisting from NYSE American.

Bitmine and Exodus Movement are the only two Ether treasury companies to publicly disclose Ether investments over the past 30 days.

*The top 10 largest corporate Ether holders. Source: StrategicEthReserve*

Bitmine is the largest corporate Ether holder with 4.6 million ETH currently valued at over $10 billion, while SharpLink Gaming is second, with 863,000 Ether worth $1.89 billion, data from StrategicEthReserve shows.