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XRP Coinbase Premium Turns Negative as Institutional Demand Shows Signs of Weakness

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XRP Coinbase Premium Turns Negative as Institutional Demand Shows Signs of Weakness

TLDR:

  • XRP’s Coinbase Premium turned negative at -0.0364, marking a clear shift from mid-March positive readings.
  • The premium held between +0.04 and +0.05 from March 10–22, reflecting strong U.S. institutional demand.
  • A steady decline began March 23, pointing to reduced Coinbase buying pressure and weakening momentum.
  • Higher XRP prices on Binance suggest retail investors outside the U.S. are now leading buying activity. 

The XRP Coinbase Premium has shifted into negative territory, marking a clear change in market dynamics. The indicator compares XRP prices between Coinbase and Binance.

It had held positive levels from March 10 through March 22. A steady decline then began on March 23. The latest reading stands at -0.0364, pointing to reduced institutional buying on Coinbase and a broader shift in short-term market behavior.

Premium Held Positive Ground Through Mid-March Trading

The XRP Coinbase Premium maintained relatively elevated levels during mid-March trading sessions. Between March 10 and March 22, the indicator approached values between +0.04 and +0.05.

During this period, XRP prices remained stable, trading above the $1.35–$1.40 range. This positive spread reflected stronger demand from U.S.-based and institutional investors on Coinbase.

Source: Cryptoquant

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A positive premium reading generally means Coinbase prices are higher than Binance prices. This pattern is widely associated with institutional buying interest and U.S. investor confidence.

Throughout that stretch, the market showed consistent demand from larger participants. The indicator moved within a clear positive range without major disruptions.

As trading progressed into late March, however, the premium began losing momentum gradually. The decline started on March 23 and has continued without any notable reversal since then.

Each passing session brought the indicator closer to the zero line. The sustained downward movement marked the beginning of a clear trend change.

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By the time the premium crossed into negative territory, the market had already shifted its footing. The transition was not sudden but rather a gradual erosion of positive momentum.

Traders and analysts tracking this indicator closely noted the pattern early. The reading at -0.0364 confirmed the shift that had been building over several days.

Negative Premium Points to Shifting Liquidity and Retail Activity

A negative XRP Coinbase Premium means XRP is now priced lower on Coinbase than on Binance. This reversal carries weight in how analysts interpret institutional versus retail demand.

When Coinbase prices fall below Binance prices, it often reflects reduced U.S.-based buying pressure. The current reading supports this interpretation.

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The higher XRP price on Binance points to increased retail buying activity outside the United States. This shift shows that liquidity may be moving away from institutional-heavy platforms toward retail-driven ones.

It does not necessarily mean the broader market is collapsing. However, it does reflect a change in who is currently driving buying activity.

Analysts note that a negative premium reading is often viewed as an early sign of continued selling pressure. It can also point to the market entering a correction phase in the near term.

If the indicator remains in negative territory, it may weaken institutional momentum further. The next few sessions will be closely watched for any signs of reversal.

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Should the negative trend persist, the XRP market could face continued price pressure in the short term. The movement of liquidity to other platforms adds another layer of uncertainty.

Market participants will monitor whether institutional demand returns to Coinbase. Any shift back to positive territory would suggest a change in the current trend.

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Okta (OKTA) Stock Surges 4% on Barclays Upgrade Amid Rising Identity Security Priorities

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OKTA Stock Card

Key Takeaways

  • Barclays elevated Okta (OKTA) to Overweight from Equalweight, boosting the price target from $85 to $90
  • Identity security emerged as the top enterprise spending priority in Barclays’ most recent CIO survey
  • Okta’s ranking among leading security vendors jumped to 6th place, a significant rebound from its 2022–2023 position near the bottom
  • Barclays highlighted Okta’s agentic security prospects, pointing to early six-figure contract wins in this emerging category
  • Raymond James simultaneously upgraded OKTA to Outperform, reinforcing bullish sentiment

Okta shares experienced a solid rally on Monday. The identity management platform provider watched its stock price advance approximately 4.3% following a rating upgrade from Barclays and growing Wall Street confidence in its expansion trajectory.


OKTA Stock Card
Okta, Inc., OKTA

Barclays analyst Saket Kalia elevated Okta’s rating from Equalweight to Overweight while increasing the firm’s price objective to $90 from the previous $85. With shares hovering near $72.25 prior to this announcement, the revised target suggests substantial appreciation potential.

Kalia identified three primary catalysts behind the rating enhancement: strengthened survey metrics, more positive mid-quarter business assessments, and a developing market opportunity within agentic security solutions.

The firm’s latest CIO survey, released simultaneously, positioned identity management as the foremost security investment priority for enterprises—marking the second consecutive survey where this category topped the list. This trend bodes well for Okta’s fundamental business operations.

Okta’s standing among security vendors has witnessed notable improvement. The company now ranks sixth overall in the security vendor landscape—representing a dramatic turnaround from its position near the bottom during 2022 and 2023, a period marked by challenges stemming from a security breach incident.

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Identity Management Emerges as Cybersecurity’s Largest Segment

Based on IDC research referenced by Barclays, identity management has evolved into the cybersecurity industry’s largest sub-category, expanding at approximately 19% annually from a $28 billion foundation. This represents a substantial addressable market with Okta positioned as a central player.

Mid-quarter business assessments have shown encouraging signs. Kalia observed more robust underlying market demand, enhanced partner channel activity, and improved operational performance following Okta‘s strategic sales organization restructuring across its Workforce Identity Cloud and Auth0 product lines implemented last year.

The $90 valuation target derives from an elevated fiscal 2028 free cash flow projection of $991 million. Barclays emphasized that Okta’s diversified presence across multiple identity management submarkets provides “multiple durable legs of growth.”

Agentic Security: An Emerging Revenue Opportunity

Among the most compelling elements in the Barclays analysis is the emphasis on AI agents. As organizations increasingly implement autonomous artificial intelligence systems, the challenge of managing access permissions for these digital entities becomes critical.

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Barclays raised a fundamental question: “We wonder if protecting agents is fundamentally an identity problem.”

Okta has already begun capturing early market traction in this space. The company closed multiple six-figure transactions for its agentic security products during the most recent quarter, despite constrained product availability.

“We think it’s a rising tide, and believe Okta will be a beneficiary,” Kalia stated.

Barclays wasn’t the only firm expressing renewed confidence. Raymond James similarly elevated Okta to Outperform, highlighting the company’s pioneering position in AI agent security and its comprehensive “secure agentic enterprise” framework.

BMO Capital had previously lifted its Okta price target to $97, while Cantor Fitzgerald continues maintaining an Overweight stance following robust Q4 fiscal 2026 performance.

Those quarterly results exceeded analyst consensus expectations across revenue, operating margins, earnings per share, and current remaining performance obligations metrics.

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Notwithstanding Monday’s upward movement, Okta shares remain approximately 22% lower year-to-date. Wall Street price targets span from $75 to $140, with the company’s market capitalization standing at about $11.9 billion.

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Bitcoin Hodlers Add 10% as BTC Lines Up a Run to $90,000

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Bull Flag Pattern

Bitcoin (BTC) price trades near $75,000, up marginally on the day, following a rejection near $78,380 on April 17.

The pullback has neutralized derivatives positioning, yet long-term holders have added to their stacks at an accelerating pace. That split has set up a narrow single-level decision for the days ahead.

Bitcoin Builds a Bull Flag After a 21% Rally From the March Low

Bitcoin rallied 20.72% from its March 29 low to the April 17 peak at $78,380, a 13,444-point pole move in roughly three weeks. Since the peak, price has traded inside a descending parallel channel, the bull flag structure that typically signals continuation after a sharp advance.

The flag’s upper trendline has been tested twice in recent sessions, on April 18 and again on April 20. The last attempt printed a long upper wick. That wick marks the session where buyers pushed price into resistance and sellers took some control before the close.

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Volume quality tells the same story. Buy-session volume inside the flag has come in below the prior sell-session volume, an asymmetry that reverses the usual bullish read. Volume compression inside a flag is normal. Volume compression where sellers keep outweighing buyers is a weaker signal.

Bull Flag Pattern
Bull Flag Pattern: TradingView

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The pattern itself is still intact. The execution against the ceiling, however, has not delivered the conviction bulls need for a first-attempt breakout. With spot volume sending mixed signals, the next question is whether derivatives positioning is filling the gap.

Open Interest Has Shed Nearly 10% Since the Flag Formed

Since the April 17 peak, Bitcoin open interest, the total dollar value of outstanding perpetual futures positions, has dropped from $30.46 billion to $27.44 billion. That is roughly a 10% reduction across three trading sessions.

The funding rate, the periodic payment between long and short positions in perpetual contracts, has moved from -0.014% on April 17 to -0.002% today. Negative funding means shorts pay longs. The shift toward zero suggests short positioning has been closing out or getting forced out.

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Bitcoin Open Interest and Funding
Bitcoin Open Interest and Funding: Santiment

The bullish contrarian setup would pair rising open interest with deeply negative funding, a sign of shorts stacking into the rally. This chart shows the opposite. Open interest is shrinking while funding normalizes toward zero. New Bitcoin longs are not stepping in to replace the exiting shorts. And even new shorts are waiting on the sidelines.

Interpreted carefully, the derivatives market is not voting in either direction. It is resetting. Clean decks sometimes precede sustainable moves, but a reset alone does not supply the demand a breakout needs. With leverage neutralized, spot positioning becomes the decider.

Long-Term Holders Added More Than 10% Since the Rejection

The Hodler Net Position Change, a Glassnode metric that measures how much long-term holders are accumulating each day, has climbed from 32,942 BTC on April 17 to 36,482 BTC on April 19. That marks a 10.75% jump in hodler accumulation over three sessions, a large swing by Bitcoin’s scale.

Hodler Net Position Change
Hodler Net Position Change: Glassnode

The identity of the sellers becomes clearer when cross-referencing the HODL Waves, a Glassnode distribution that splits circulating supply by wallet age band. The 1-week to 1-month cohort, which captures the most recent speculative buyers, peaked near 4% on April 9 and has since dropped to 2.781% on April 19.

BTC HODL Waves 1w-1m
BTC HODL Waves 1w-1m: Glassnode

That cohort has compressed by roughly 30% in ten days. The pattern is consistent with recent speculative buyers booking profits into the rally, while longer-term holders absorb the supply on the dip.

The rotation from weak to strong hands is happening quietly inside the flag consolidation. The hodler behavior answers the question derivatives could not. Leverage is neutral because spot is doing the buying, and the flag’s next move now hangs on a single price trigger.

Bitcoin Price Levels That Decide the $90,000 Path

Bitcoin price needs a daily close above $75,190.98, the 0.236 Fibonacci level drawn from the $64,869 pole base to the $78,379 peak. That level was tested and rejected on April 20, keeping the flag’s resistance cluster intact.

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A decisive close above $75,190 opens the path for the flag to resolve higher. The pole projection, measured by extending the 20.72% pole move from the breakout point, targets $90,841.57 on the chart. That is roughly a 21% advance from the current zone if the breakout confirms with volume.

Bitcoin Price Analysis
Bitcoin Price Analysis: TradingView

Today’s green candle has not been accompanied by a leverage buildup in derivatives. That is a healthy sign, because the move has room to extend without being immediately exposed to a long squeeze. A confirming breakout would turn the leverage reset from a neutral condition into a loaded spring.

The pattern nuance is the two failed probes at the ceiling. A deeper retest toward the 0.382 level at $73,218 or the 0.5 level at $71,624 could precede a cleaner second attempt. A loss of the 0.618 level at $70,030 would mostly invalidate the bullish pattern.

For now, $75,190 separates the continuation case that targets $90,000 from a deeper retest that could drain the bull flag’s upside.

The post Bitcoin Hodlers Add 10% as BTC Lines Up a Run to $90,000 appeared first on BeInCrypto.

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Bitmine Expands ETH Holdings with 101,627 ETH, Largest Since Dec 2025

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Crypto Breaking News

Bitmine Immersion Technologies, the world’s largest public Ether treasury, expanded its ETH position last week with a sizable purchase, adding 101,627 ETH during the week of April 13–19. The move, disclosed in a press release and an accompanying Form 8-K filed with the U.S. Securities and Exchange Commission, underscores a growing appetite for Ether among publicly traded crypto treasuries.

After the latest buy, Bitmine’s Ether holdings stand at 4,976,485 ETH, valued at roughly $11.5 billion at a reference price of $2,301 per ETH. The company’s balance sheet also includes 199 BTC, a stake in Beast Industries, a stake in Eightco Holdings, and about $1.12 billion in cash, bringing total crypto and cash holdings to about $12.9 billion. The disclosure cements Bitmine’s lead among public-company Ether treasuries and illustrates how crypto balance-sheet strategies are extending into traditional markets.

Key takeaways

  • Bitmine added 101,627 ETH in the week of April 13–19, bringing its total to 4,976,485 ETH (≈$11.5 billion at $2,301/ETH).
  • The company’s Ether holdings now represent more than 4% of the total Ether circulating supply, with Bitmine stating it is 82% of the way toward its long-running “alchemy of 5%” target.
  • Bitmine’s broader balance sheet includes 199 BTC, stakes in Beast Industries and Eightco Holdings, and about $1.12 billion in cash, for a combined $12.9 billion in crypto and cash.
  • Institutional staking expansion continues through the MAVAN platform, with 3.33 million ETH staked and annualized staking revenues surpassing $200 million.
  • Public-market momentum follows Bitmine’s NYSE uplisting and expanded share buyback program, signaling a growing integra­tion of crypto treasuries into traditional equity markets.

Bitmine’s ETH accumulation and the public-treasury trend

The April purchase reinforces Bitmine’s pattern of aggressive ETH accumulation, a strategy it has pursued over multiple weeks. Tom Lee, Bitmine’s chairman, characterized the recent crypto cycle as a “mini-crypto winter” and suggested that the base case for ETH remains constructive as the sector recoveries take shape. “Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter,’” Lee said. The move aligns with a broader narrative in which public companies with transparent treasuries push into larger-scale ETH holdings to diversify reserves or leverage potential upside in Ether’s price trajectory.

With the latest addition, Bitmine’s ETH stake accounts for a sizable share of circulating Ether. The firm’s stated goal—to reach an “alchemy of 5%” of total Ether supply—has driven a measured, long‑term accumulation approach rather than rapid, speculative buying. Bitmine notes it is currently about 82% of the way toward that 5% milestone, a target that has likely shaped both its bid prices and timing of purchases in recent weeks. CoinGecko tracks Ether treasuries and provides a broader view of where Bitmine sits within the top holders, a context that helps readers understand the sector’s evolving ownership landscape.

The announcement coincides with Bitmine’s recent NYSE uplisting, which followed its transition from NYSE American and the expansion of its share buyback program. The move into a more visible, mainstream trading venue reflects a maturation of crypto-native balance-sheet strategies as investors increasingly scrutinize the asset mix and governance around treasury decisions in public markets.

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From custody to yield: staking as a strategic lever

Beyond its treasury tally, Bitmine has intensified its staking operations through MAVAN (Made in America Validator Network), a platform designed to support institutional-grade Ethereum staking with a focus on security and performance. The company reports that about 3.33 million ETH are currently staked, generating annualized staking revenues north of $200 million. This shift toward staking as a revenue stream complements its treasury growth by converting idle Ether into cash-flow, illustrating how crypto treasuries can pursue yield strategies without sacrificing long-term ownership of the underlying asset.

Observers of the staking landscape note that liquid-staking options and governance participation will increasingly shape the economics of large Ether holdings. In related coverage, industry voices have highlighted the importance of liquidity and diversification for Ether treasuries seeking to outperform passive ETF or index-based exposures. Bitmine’s approach—combining large-scale staking with a diversified balance sheet—offers a concrete example of how institutions are balancing potential upside with risk management in a volatile market.

Market context and what to watch next

Bitmine’s latest update sits at the intersection of two ongoing narratives: the reintegration of crypto treasuries into mainstream markets and the ongoing debate over Ether’s demand dynamics as central-bank policy, macro risk, and sector adoption continue to evolve. The company’s leadership has framed the move as a deliberate, long-horizon program rather than opportunistic buying. If Ether maintains its recovery trajectory, Bitmine’s 5% aspiration could come into clearer view in the years ahead, potentially shaping a floor for treasury strategies across the sector.

Investors and market watchers will be watching for further developments in Bitmine’s staking operations, potential changes in its treasury composition, and any updates related to its NYSE-listed status and share buyback cadence. The company’s stance on liquidity, risk management, and governance around treasury decisions will be key indicators of how credible and scalable such public-entity crypto balance-sheet strategies can be in the wider capital markets.

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Additionally, the trajectory of Ether itself—whether macro conditions permit sustained upside, if liquidity constraints tighten, or if regulatory scrutiny alters risk appetite—will influence the relevance and effectiveness of Bitmine’s strategy. As Lee noted at Paris Blockchain Week 2026, Ether could climb above $60,000 in the coming years if the market regime shifts favorably, a prospect that could validate Bitmine’s long-horizon approach and the broader push toward institutional custody of crypto assets.

For those tracking the sector, CoinGecko’s Ether treasury rankings remain a useful reference point for context on where Bitmine sits relative to other public holders, and SEC-disclosed filings will continue to offer transparent windows into the mechanics of large-scale purchases and treasury management. The latest filing confirms the scale and cadence of Bitmine’s buying program and reinforces the broader point: public-market players are increasingly treating crypto assets as strategic balance-sheet instruments rather than mere risk-on bets.

What’s next to watch is whether Bitmine sustains the weekly cadence of ETH purchases, how its MAVAN staking yields evolve amid changing network economics, and how the market absorbs further disclosure about treasury management as more traditional firms contemplate similar balance-sheet moves.

Source details and data: Bitmine’s press release and Form 8-K with the U.S. SEC confirm the 101,627 ETH purchase and the updated total of 4,976,485 ETH, valued at approximately $11.5 billion at a reference price of $2,301 per ETH. The company’s broader holdings include 199 BTC, stakes in Beast Industries and Eightco Holdings, and about $1.12 billion in cash, amounting to roughly $12.9 billion in total crypto and cash assets. The disclosure notes that 3.33 million ETH are staked, generating over $200 million in annualized staking revenue. CoinGecko is cited for context on Ether treasuries, and the narrative references Bitmine’s NYSE uplisting and expanded share buyback program as part of its public-market strategy. For additional context, the referenced SEC filing appears at the link accompanying the press release.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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3 Meme Coins to Watch in the Fourth Week of April 2026

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Cup and RSI Setup

The meme coin sector enters the fourth week of April 2026 up roughly 8% over seven days.Yet, the largest token in the category has lagged.

The split suggests rotation is running below the surface, not led from the top. BeInCrypto analysts have identified three meme coins to watch this week, with technical structure, divergence, and one scheduled catalyst as the triggers.

Dogecoin (DOGE)

Dogecoin (DOGE), the largest meme coin, trades at $0.09482. It is up trading flat on the day but only 3.5% over the past seven days. That pace trails the wider meme coin sector.It also places the biggest token firmly among the meme coins to watch this week. The underperformance is the story.

It suggests the 8% sector-wide gain has come without DOGE participation. Therefore,any rotation back into the largest name would add fuel the rally has not yet tapped. The technical setup appears to be building the base for that catch-up trade.

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The daily chart shows a cup and handle pattern forming, with a sloping-up neckline and the handle currently shaping as a descending channel. A bullish RSI divergence reinforces the setup. Between February 19 and April 19, DOGE printed progressively lower lows while the Relative Strength Index (RSI), a momentum oscillator, tracked higher lows.

Cup and RSI Setup
Cup and RSI Setup: TradingView

RSI has now crossed above the 50 line on the latest green candle.

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A daily close above $0.095 opens the door to a handle breakout, validating a divergence-led bounce. Above $0.103, DOGE clears the 0.786 Fibonacci level at $0.103 and the cup neckline, potentially triggering a roughly 12% move toward $0.115 at the 1.618 extension.

DOGE Price Analysis
DOGE Price Analysis: TradingView

A loss of $0.092 weakens the entire pattern and reopens downside toward the cup’s base.

Official Trump (TRUMP)

Official Trump (TRUMP) trades at $2.83, up 1.47% on the day but hovering near the lower end of its multi-week range. The TRUMP token enters this week’s meme coin watchlist because of a scheduled catalyst.

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A gala luncheon for the top 297 holders is planned for April 25 at Mar-a-Lago, an event that previously drove a price jump when first announced in March. Some uncertainty persists around the president’s attendance because he is also scheduled for the White House Correspondents’ Dinner that evening.

A bullish RSI divergence supports the case for a rebound into the event. Between March 29 and April 19, TRUMP price registered a lower low while RSI printed a higher low. Price and momentum are drifting in opposite directions, which historically opens the door to a mean-reversion bounce.

TRUMP Price Analysis
TRUMP Price Analysis: TradingView

Key levels are stacked close overhead. A daily close above $2.94 clears the 0.236 Fibonacci first hurdle, with $3.04 at the 0.382 level as the next confirmation.

Beyond that, $3.21 at the 0.618 level is the strongest hurdle, and a push above $3.49 at the 1.0 retracement opens the path toward the March highs. Failure to reclaim $2.94 keeps the $2.77 base exposed.

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Pepe (PEPE)

Pepe (PEPE) is trading at $0.000003740. This meme coin shows the cleanest momentum among this week’s meme coins to watch. PEPE is up 8.3% over the past 30 days and 7.3% over the past seven days. That alignment suggests buyers are stepping in on every dip rather than selling into strength, setting the stage for a potential technical breakout.

The daily chart shows a pattern-within-pattern structure.

PEPE has been trading inside a falling channel since late February, a bearish formation. Within that channel, a cup and handle pattern has taken shape, with the recent consolidation below resistance appearing to form the handle. The decisive feature is the overlap.

The upper trendline of the falling channel aligns with the neckline of the cup near $0.00000416. A breakout through that level would invalidate the bearish channel and confirm the bullish cup structure in one move.

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PEPE Price Analysis
PEPE Price Analysis: TradingView

Near-term hurdles for this meme coin sit at $0.00000378, the 0.5 Fibonacci level, followed by $0.00000394 at the 0.618 level. Clearing $0.00000416 at the 0.786 level and the channel top opens a measured move toward $0.00000526. That’s roughly a 30% advance toward the 1.618 extension.

A drop back into the lower channel weakens the setup and reopens downside toward the $0.00000312 zone.

The post 3 Meme Coins to Watch in the Fourth Week of April 2026 appeared first on BeInCrypto.

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The leading crypto to buy and hold for short-term ROI

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BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 2

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Kaspa gains steady traction as BlockchainFX draws attention ahead of launch.

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Summary

  • BlockchainFX (BFX) gains momentum in presale as over $14.26M is raised ahead of its $0.05 launch price.
  • Investors are shifting attention to BFX, a multi-asset Super App offering trading across crypto, stocks, and forex.
  • BFX attracts 23,500+ participants with staking rewards and revenue-sharing tied to platform trading fees.

Ever looked at an empty wallet and wondered why someone skipped that one coin everyone joked about before it turned into a gold mine? Missing out on life-changing gains hurts more than a rug pull, but finding the top crypto to buy and hold for short-term returns fixes everything.

The crypto market moves fast as Kaspa (KAS) news shows steady growth while BlockchainFX (BFX) prepares for its big debut. Many search for the top crypto to buy and hold for short-term gains as these two projects dominate recent trends.

BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 2

BlockchainFX: The licensed multi-asset powerhouse dominating the BFX crypto presale 2026

BlockchainFX (BFX) is not just another token; it is a licensed multi-asset Super App designed to bridge decentralized finance with traditional markets. While most platforms lock users into one niche, this ecosystem allows for trading over 500 assets, including crypto, stocks, gold, and EUR/USD from one web3 interface. The BFX crypto presale 2026 is currently the top crypto to buy and hold for short-term utility because it solves the fragmentation problem in modern trading.

The project is moving at light speed. With over $14.26 million raised and 23,500+ participants already on board, the energy is undeniable. Early buyers are grabbing tokens at the current price of $0.035 because the demand is skyrocketing as people realize the guaranteed upside. The launch price is set at $0.05, which means early adopters secure a massive value increase before trading even begins.

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Why early adopters are swapping other bags for BFX

The math behind the platform is designed for long-term wealth. Instead of just holding a speculative asset, BFX stakers receive daily rewards in both BFX and USDT. This comes from 70% of the platform trading fees being sent back to the community.

Feature BlockchainFX benefit
Asset Variety 500+ Assets (Forex, Stocks, Gold, Crypto)
Passive Income Up to 70% Fee Redistribution to Stakers
Security Fully Audited by CertiK and Coinsult
Physical Utility Metal and 18-Karat Gold BFX Visa Cards

Massive financial upside and founder perks

The global market potential is staggering. Daily forex volume sits at $7.5T while crypto is only at $89B. This tiny 0.87% slice of the pie means BlockchainFX has massive room to expand. Participants who enter now can also unlock “Founder’s Club” perks, including up to $25,000 in trading credits and exclusive Visa cards that bridge crypto to real-world spending.

Huge $500,000 giveaway and launch news

The community is buzzing because a $500,000 giveaway is currently live. Ten lucky participants will split this massive pool of $BFX tokens. The top prize alone is $120,000. Additionally, the team has a major update: once the raise hits $15M, BlockchainFX will officially launch. Being so close to $14.2M means the clock is ticking. Use the bonus code CEX60 right now to secure 20% extra tokens on any purchase. This bonus turns a standard position into a powerhouse portfolio instantly.

The Kaspa price legacy: A lesson in speed

Kaspa news reminds everyone of what happens when a runner is caught early. Starting at an ICO price that was a fraction of a cent, Kaspa multiplied its value by hundreds of times. Early adopters who ignored the skeptics saw their small bags turn into massive fortunes.

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Many people doubted the BlockDAG tech behind Kaspa early on, but those who held tight became wealthy. While that ship has sailed for those looking for 100x gains, the crypto world always provides a fresh start. Missing the Kaspa price explosion was a mistake, but not a final one.

BFX vs KAS: The leading crypto to buy and hold for short-term ROI - 3

Is BlockchainFX the top crypto to buy and hold for short-term gains?

The BlockchainFX presale is the clear answer for anyone tired of watching from the sidelines. With its $0.035 current price and the 20% extra tokens available via code CEX60, the potential for immediate ROI is massive. It captures the same energy that made early Kaspa buyers rich.

Do not let this be another story about the one that got away. Secure a spot in the BlockchainFX presale today to claim a share of the $500,000 giveaway and referral rewards. The move toward the $15M launch target is happening fast. This is the top crypto to buy and hold for short-term success in 2026.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

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RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

Blockchain sleuth ZachXBT wrote on Sunday that the team behind RaveDAO is at least aware of who manipulated the price of its token, which saw an impossible 11,000% surge in price followed by a near immediate collapse.

“I found suspicious CEX (centralized crypto exchanges) activity on April 26 tied to RaveDAO team addresses onchain, which potentially contradicts their recent statements,” the blockchain investigator said.

In a separate post, ZachXBT flagged a transfer from a RAVE address used for “initial distribution” by RaveDAO from which roughly $23 million worth of tokens were transferred to two Bitget deposit addresses causing the price to drop 40% from $1 to $0.6.

RaveDAO posted a six-part X thread on Saturday, previously reported by CoinDesk, stating “we are aware of the rumors and accusations circulating regarding $RAVE and the RaveDAO team. We want to be clear: RaveDAO team is not engaged in, nor responsible for, recent price action.”

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However, ZachXBT said, “given the supply concentration, the team at minimum knows who is responsible for this price action.”

In a separate X post, the investigator said, “you expect the community to believe RAVE went $60M -> $6B mkt cap organically in nine days with little to no utility? Considering your team handled the initial distribution with a low float it’s unlikely you do not know the party responsible for it.”

The RaveDAO token, which increased by nearly 11,000% in nine days from about $0.25 to $27.33, then plunged by over 90%, losing roughly $5.7 billion in market capitalization in just 48 hours. Its price currently hovers around $0.67.

The sleuth also said RAVE is not the only token with manipulation “we have seen on major centralized exchanges. It’s just the most blatant.” He also said it was highly unlikely the CEXs did not spot the massive $RAVE token price movements.

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

Reabold Resources, an investment company focused on developing European gas projects, said it is considering establishing a gas-powered bitcoin mining station in northern England.

The London-based company is exploring the potential to deploy a small power plant as a pilot for future data-center developments that are “crucial to the future U.K. economy,” it said in a statement on Monday.

Bitcoin production from the company’s West Newton A well site will be used to demonstrate the ability to use the gas to fuel data-center developments, the firm said. The announcement follows publication of a Telegraph article criticizing the plan at a time when the country could face gas shortages because of the war between Iran and the U.S. and Israel.

Concerns of potential gas shortage are unfounded according to a U.K. government statement in late March, which said gas supply will not be affected.

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“Only about 1% of the U.K.’s gas supply in 2025 came from Qatar. We have no reason to expect it would be significantly different in 2026,” it said.

The Telegraph’s article said Reabold’s West Newton gas field is so large it could theoretically power the creation of 50,000 bitcoin tokens.

“A private gas supply means we can run a data centre to mine bitcoin relatively cheaply,” said Sachin Oza, the co-CEO of Reabold Resources, which has a drilling license by the Environment Agency.

“Initially, this would help fund the further development of the gas field and prove the concept – meaning it could become the precursor to a far larger data center.”

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But, the firm said, “the significant onshore natural gas resource at the West Newton site in Yorkshire has and will continue to be progressed for the benefit of U.K. energy security, which is particularly important at this time of significant geopolitical uncertainty.”

Reabold’s plan for a bitcoin mining operation to broaden into a data center comes bitcoin mining is undergoing a transformation, with many companies diverting into high-performance computing and support for the AI industry.

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Ethereum Price Prediction: ETH Memecoins Heating Up, Wojak 300% After 100,000% Asteroid Run

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ETH memecoin sector is producing new millionaires. Ethereum price prediction is getting bullish! Here's why.

ETH memecoin season is flashing early signals. Ethereum is dropping under at $2,300 amid cautious consolidation, but beneath the surface, the ETH memecoin sector is producing new millionaires. Ethereum price prediction is getting bullish!

A single trader converted $2,500 into nearly $500,000 in hours via the Elon Musk-linked ASTEROID token on Ethereum, a 100,000% return on entry. Wojak, another ETH-native memecoin, has since posted a 300% follow-through move, suggesting capital is rotating rapidly through the ecosystem’s speculative tier. Social feeds lit up. The pattern is familiar to anyone who survived 2021.

Discover: The best pre-launch token sales

Ethereum Price Prediction: $2,600 On The Horizon

ETH sits at under $2,300, pinned inside a symmetrical triangle pattern with resistance clustered between $2,200 and $2,400. The RSI reads neutral, with volatility running at 5.21%, and 17 of the past 30 days closing green. Ethereum is coiling.

Moving averages confirm the tension. The 50-Day SMA sits at $2,210, providing near-term support below the current price. The 200-Day SMA at $2,645 looms well overhead as a macro ceiling. Price is sandwiched, structurally constructive, but requires a catalyst to resolve direction.

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ETH memecoin sector is producing new millionaires. Ethereum price prediction is getting bullish! Here's why.
ETH USD, TradingView

Short-term forecast models offer cautious optimism: CoinCheckup projects $2,750 within 30 days, with incremental step targets of $2,340.by April 20 and $2,600 by April 24. The Fear & Greed Index is getting better at 27 after hovering under 20 for more than a month. This zone usually precedes recoveries more often than collapses.

If ETH can break the triangle upward trend through $2,400, it could finally trigger a run toward $3,000 and align with community targets, especially with memecoins in its chain gaining traction.

Discover: The best crypto to diversify your portfolio with

LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

For us who just watched a $2,500 ASTEROID position become $500,000, the opportunity from the same coin is just gone. But the memecoin spike demonstrates where asymmetric returns actually live in this cycle: early infrastructure and early-stage assets, not late-entry rotations into established large-caps.

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Although holding memecoins is not easy, we know people can fumble big money if patience runs out.

LiquidChain ($LIQUID) is a Layer 3 memecoin infrastructure project built around a single, genuinely useful proposition: fusing Bitcoin, Ethereum, and Solana liquidity into one execution environment. Developers deploy once and access all three ecosystems. It requires no bridging, no fragmented liquidity pools, no redundant deployments.

The architecture centers on a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement.

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The presale is live at $0.01451 per $LIQUID, with almost $700K raised to date. Staking is available for presale participants with a huge 1500% APY bonus.

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The post Ethereum Price Prediction: ETH Memecoins Heating Up, Wojak 300% After 100,000% Asteroid Run appeared first on Cryptonews.

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MicroStrategy Makes Biggest Bitcoin Buy Since 2024, Will It Move BTC Price?

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MicroStrategy Makes Biggest Bitcoin Buy Since 2024, Will It Move BTC Price?

MicroStrategy has made its largest Bitcoin purchase in over a year, adding 34,164 BTC for $2.54 billion at an average price of $74,395.

The move lifts its total holdings to 815,061 BTC, extending its lead as the largest corporate Bitcoin holder.

Executive Chairman Michael Saylor signaled the buy a day earlier with his usual chart post on X. Markets read it as another accumulation signal—and they were right.

MicroStrategy is Buying Near Breakout Levels

The timing stands out. Bitcoin has been trading close to Strategy’s average cost basis of roughly $75,500, placing the firm near breakeven.

Strategy has a pattern of stepping in around key levels rather than waiting for deep pullbacks. This latest purchase is also a step up in size. The company bought roughly $1 billion worth of BTC the week prior and $330 million the week before that.

The acceleration suggests growing conviction at current price levels.

Recent analysis from Coinbase shows that large, consistent buyers like Strategy reduce the liquid supply of Bitcoin. Coins move off the market and into long-term holdings, tightening available float.

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That effect becomes more important when Bitcoin is already near a technical breakout level. At those points, even incremental buying can help push price higher, triggering momentum traders and systematic funds.

Strategy’s latest purchase absorbed more than 34,000 BTC in a single week. For context, miners produce roughly 450 BTC per day, meaning the company bought the equivalent of over two months of new supply in one move.

Bitcoin Supply Squeeze, With Limits

Still, the impact is not guaranteed.

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Coinbase notes that the price effect of large buyers can be muted if the market already expects the purchases, or if flows from ETFs, derivatives, or macro conditions outweigh them.

In other words, Strategy’s buying tightens supply in the background. It matters most when market conditions are already leaning bullish.

Strategy continues to fund its purchases through its capital programs, including its STRC preferred stock. The company still has significant capacity to raise funds, giving it room to keep accumulating.

With over 815,000 BTC now on its balance sheet, Strategy is steadily moving toward its long-term goal of 1 million BTC.

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The post MicroStrategy Makes Biggest Bitcoin Buy Since 2024, Will It Move BTC Price? appeared first on BeInCrypto.

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Kelp DAO hits back at LayerZero for trying to shift the blame after a massive exploit

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Kelp DAO hits back at LayerZero for trying to shift the blame after a massive exploit

The popular Spiderman meme showing three identical superheroes pointing fingers at each other is having its crypto moment today.

Kelp DAO is set to push back on LayerZero’s post-mortem of Sunday’s $290 million exploit, which essentially blames Kelp, a L2 source familiar with the matter told CoinDesk. Kelp plans to dispute the cross-chain messaging firm’s claim that it ignored repeated warnings to move away from a single-verifier setup. CoinDesk has reviewed and verified the memo Kelp plans to publish.

Kelp is a liquid restaking protocol that takes user-deposited ether, routes it through a yield-generating system called EigenLayer, and issues a receipt token, rsETH, in exchange.

LayerZero is the cross-chain messaging infrastructure that moves rsETH between blockchains, using entities called DVNs (decentralized verifier networks) to verify whether a cross-chain transfer is valid.

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On Saturday, attackers drained 116,500 rsETH, worth about $290 million, from Kelp’s LayerZero-powered bridge by poisoning the servers that LayerZero’s verifier relied on to check transactions.

Kelp, the source said, is planning on saying the DVN that was compromised via what it calls a “sophisticated state-sponsored attack” was LayerZero’s own infrastructure, not a third-party verifier.

Attackers compromised two of LayerZero’s own servers that check whether cross-chain transactions are legitimate, then flooded the backup servers with junk traffic to force LayerZero’s verifier onto the compromised ones.

All of that infrastructure was built and run by LayerZero, not Kelp, the source claimed.

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The source contested LayerZero’s framing of the “1/1 configuration” as a fringe choice made against guidance. LayerZero’s post-mortem said KelpDAO chose a 1-of-1 DVN setup despite expressing recommendations to configure multi-DVN redundancy.

A “1/1 configuration” means only a single validator must sign off on a cross-chain message for the bridge to act on it, leaving the system with no second check to catch a compromised or forged instruction. A multi-validator configuration (such as 2/3, 3/5, etc.) ensures there is no single point of failure that can approve a forged message on its own.

They added that, through a direct communications channel with LayerZero, which has been open since July 2024, they produced no specific recommendation for Kelp to change the rsETH DVN configuration.

LayerZero’s own quickstart guide and default GitHub configuration point to a 1/1 DVN setup, the source told CoinDesk, adding 40% of protocols on LayerZero are currently using the same configuration.

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The configuration Kelp ran also appears in LayerZero’s own V2 OApp Quickstart, where the sample layerzero.config.ts wires every pathway with one required DVN and no optional DVNs. That’s the same 1/1 structure.

Kelp’s core restaking contracts were not touched, and the exploit was isolated to the bridge layer, they added. Its emergency pause, 46 minutes after the drain, blocked two follow-up attempts that would have released an additional ~$200 million in rsETH.

CoinDesk reached out to LayerZero for comment on the story and didn’t hear back by the time of publication.

‘Deflecting responsibility’

Security researchers are also not buying LayerZero’s isolated framing, which pinned the blame on Kelp.

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Kelp is a liquid restaking protocol. Its core competency is staking infrastructure, EigenLayer integration, and liquid staking token management. When integrating with LayerZero, Kelp relied on LayerZero’s documentation, their defaults, and their team’s guidance to make configuration decisions, the source claimed.

Yearn Finance core team developer Artem K, who is popularly known as @banteg on X, posted a technical review of LayerZero’s public deployment code and said that the reference setup ships with single-source verification defaults across every major chain, including Ethereum, BSC, Polygon, Arbitrum and Optimism.

That deployment also leaves a public endpoint exposed that leaks the list of configured servers to anyone who queries it.

Banteg flagged in his analysis that he can’t prove which configuration Kelp used, but noted that LayerZero usually asks new operators to use its default setup, which its post-mortem criticized.

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Chainlink community manager Zach Rynes put it bluntly on X, alleging that LayerZero was “deflecting responsibility” for its own compromised infrastructure and accused the company of throwing Kelp under the bus for trusting a setup LayerZero itself supported.

As such, LayerZero has said it will no longer sign messages for any application running a single-verifier setup, forcing a protocol-wide migration.

Read more: ‘DeFi is dead’: crypto community scrambles after this year’s biggest hack exposes contagion risk

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