Have you found yourself asking what the future of crypto and blockchain holds this year?
If so, join the Benzinga Crypto and Blockchain Outlook in 2024 virtual event at 11 a.m. ET on Thursday, Jan. 25. This webinar features an impressive lineup of industry experts, each bringing unique achievements and wisdom on what the year could mean for crypto currency and its relevancy.
Here’s a look at the experts sharing the outlook for 2024.
Alex Chizhik: COO, Chamber of Digital CommerceAlex Chizhik, COO of the Chamber of Digital Commerce, believes the approval of the spot Bitcoin ETF in 2024 is a watershed moment for the crypto. However, he emphasizes the importance of being good stewards of the space and educating investors on the volatility of Bitcoin.
“We must help them understand the freedoms that Bitcoin brings and prepare them to weather the ups and downs of our industry,” says Chizhik.
Joey Garcia: Director, Xapo BankJoey Garcia, the director at Xapo Bank, predicts 2024 will see the development of accessible, open, secure, and structured channels for Bitcoin.
“Accessible, open, secure and structured channels to BTC will continue to develop, and this will increase the 4.2% 2023 global adoption rate of the asset class in 2024, no question,” says Garcia.
He also predicts Bitcoin sidechains will gain momentum as the crypto’s momentum builds. Still, he also highlights the pressure points on the asset’s unregulated and insecure access points.
David LaValle: Global Head of ETFs, GrayscaleStefan Rust: CEO, TruflationStefan Rust, CEO of independent economic data aggregator Truflation, believes Bitcoin is still on track to overtake gold, which has a market cap of nearly $14 trillion.
“Nation states will start using Bitcoin as their national reserve currency, and we will also see the return of commodity-backed currencies, with Bitcoin being one of these commodities,” says Rust.
He also predicts the Bitcoin halving happening this year will lead to a scarcity of supply in the market. Given the growing demand, limited supply will only accelerate the appreciation in the value of this rare finite commodity.
Megan Nilsson: Web 3 Strategic Advisor, Podcast HostMegan Nilsson, a prominent Web 3 Strategic advisor and host of the Crypto Megan Podcast, stands out for her deep understanding of digital currencies and blockchain technology. She has been a vocal advocate for the adoption and sensible regulation of blockchain technology, providing strategic advice to various projects in the Web 3 space.
Her podcast has gained a reputation for its insightful analysis and discussions on the latest trends in cryptocurrency.
Brock Pierce: Futurist and EconomistAccording to Brock Pierce, a renowned futurist, philanthropist and economist, has a positive outlook for Bitcoin in 2024.
"With Central Bank Digital Currencies being a core statement for Trump because of the Vivek as well as RFK Jr. with the ETFs coming online and all the financial uncertainty in the world, I’ve got a very bullish view of Bitcoin this year,” Pierce says.
Market News and Data brought to you by Benzinga APIs
Amp is defined as a new digital collateral token that offers instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can secure transactions for a wide variety of asset-related use cases quickly and irreversibly.
Amp claims to offer a simple yet versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Collateral partitions can be designated to secure any account, application, and even transactions, carrying balances that are directly verifiable on the Ethereum blockchain, while collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed.
Amp supports a wide range of use cases for collateralization and also introduces the concept of predefined partition strategies that can enable special abilities such as staking tokens without leaving their original addresses.
On the other hand, Amp is an extensible platform for securing asset transfers. By staking Amp, any kind of value exchange can be guaranteed: Digital payments, fiat currency exchanges, credit distributions, property sales, and more.
When distributed in a partition, Amp is ready to secure a transfer. With the use of collateral pools, Amp effectively decentralizes the risk of asset transfer, making it suitable especially for fraud-resistant networks and real-world applications.
Amp also simplifies network reward distribution after a transfer is completed. Amp smart contracts offer various built-in incentive models, including micro-distributions and continuous compounding.
In real-world uses, Amp offers 3 features:
Collateral for payment networks: Flexa uses Amp to provide merchants in the digital payment network with instant, fraud-free payments. Additionally, anyone can stake Amp to earn a proportional share of the transaction fees generated on the network.Collateral for individuals: Users can typically secure their own asset transfers for an instant margin reduction, for example, at an exchange. In this case, the user can assign Amp to a collateral manager and transfer another asset without excessive transaction fees.Collateral for DeFi platforms: New DeFi platforms and protocols continuously improve global finance, and many are incorporating Amp into their products. This diversifies Amp’s current and future uses and effectively enhances the quality of collateral.How to Buy AMP Coin?AMP Coin can be purchased quickly and securely via Binance, the world’s largest cryptocurrency trading platform by transaction volume. To buy AMP Coin, one must first register with Binance and then send fiat money. Following the deposit of a fiat currency like dollars, AMP Coin can be purchased in the Bitcoin (BTC), Binance Coin (BNB), BUSD, and Tether (USDT) AMP trading pairs.
Additionally, users can also place a buy order at Binance not only at the market price but also at a lower price. To do this, you need to use the Limit tab and enter the amount and price you want to buy.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Amp (AMP), which solves the problem of balancing security, scalability, and decentralization in cryptocurrency networks, ensures fast and secure payments using AMP coin through the Flexa network. AMP coin secures transactions, offers rewards to stakers, and plays a role in governance. Flexa’s payment infrastructure facilitates cryptocurrency payments while ensuring payments are verifiable and secure even before Blockchain transactions are finalized. In this article, you can find answers to two frequently asked questions: What is Amp (AMP) and how to buy Amp (AMP) with TRY.
What is Amp (AMP)?Cryptocurrency networks face a significant issue known as the Blockchain trilemma, which involves balancing security, scalability, and decentralization. Security and scalability often conflict because secure transactions require numerous confirmations, which can increase transaction times and are impractical for fast transactions like payments. Built on Ethereum, Amp addresses this issue by providing collateral through AMP coin, allowing for faster transaction times while waiting for network confirmations.
Amp operates through Flexa, a payment network that integrates with standard point-of-sale and online systems, enabling merchants to accept cryptocurrency payments. Flexa uses AMP as collateral to ensure payments are verifiable and secure even before the Blockchain transaction is finalized. This system guarantees merchants that funds are secured, facilitating instant payment acceptance.
AMP coin serves multiple purposes. It acts as collateral to secure transactions, rewards users who stake their AMP, and plays a role in governance within the Amp community, guiding the project’s development. The development of AMP coin resulted from a collaboration between Flexa and ConsenSys, a leading Blockchain development company known for the MetaMask crypto wallet.
Founded in 2018 by Tyler Spalding, Trevor Filter, Zachary Kilgore, and Daniel McCabe, Flexa initially launched Flexacoin (FXC) in 2019, raising $14.1 million through a private token sale. Flexacoin was replaced by AMP in 2020 at a 1:1 conversion rate. Flexa’s framework facilitates payments between customers and merchants using a barcode system that allows instant payment processing, adjusting the customer’s digital wallet balance independently of Blockchain confirmations.
Amp operates similarly to an escrow account in traditional finance. It secures payments by holding AMP coins as a financial promise for pending Blockchain transactions. Once transactions are confirmed, the collateral is released, ensuring the continuity of payments. This model provides merchants with confidence that Flexa-supported payments will be completed.
Users can stake AMP coins through the Flexa Capacity network to provide collateral to the system. Unlike typical staking, this process involves conditionally allocating coins as collateral without transferring them to a smart contract, allowing users to retain their coins. Stakers earn fees used to purchase AMP coins from merchants using the Flexa network and redistribute them to stakers.
How to Buy Amp (AMP) with TRY?Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Amp (AMP). Binance TR, where accounts can be quickly created, allows the trading of over 100 cryptocurrencies, including AMP. To buy Amp (AMP) with TRY on Binance TR, follow these steps.
How to Open an Account on Binance TR?Opening an account on Binance TR is quite easy. For this, you need to go to trbinance.com and continue from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identity number.
After entering the requested information completely and correctly, email/sms verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?Identity verification on Binance TR is one of the security procedures that must be carried out before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can choose to perform the verification process from your phone or through Binance TR’s official website. Note that you will also need your mobile phone for identity verification from the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, you can click on “Copy URL” to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first tap on the “Identity” option to continue.
Then a screen like the one below will appear. To continue the verification process, first select the document type that suits you best.
After selecting the document type, tap on “Upload Front Side” to continue. After taking a photo of the front side of the document according to the document type you selected, tap on “Upload Back Side” and take a photo of the back side of the document and upload it. Make sure the images are clear and the information in the photo is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap on the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure your face fills the camera area as much as possible once the camera opens.
After completing all these steps correctly and completely, your identity verification process will be completed in a short time.
How to Deposit TL on Binance TR?You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, Türkiye Finans accounts and perform transactions without interruption. Deposits from other banks can be made up to 50,000 TL 24/7 with FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first go to trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on “Deposit” from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Now, all you need to do is use the information shown on the page of your preferred bank to transfer the amount you want to deposit into your Binance TR account via transfer, EFT, or FAST.
After your bank completes the transfer process, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy AMP Coin on Binance TR with TL?After the deposit process, you can proceed to the step of buying AMP coin with TL by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
After clicking on this option, the page below will open. You can go to the AMP/TRY buying page by typing “AMP” in the search box on the right side of this page and clicking on the AMP/TRY option from the results.
Now the AMP buying page below will open. In this page, you need to enter the price at which you want to buy AMP in the first box marked with a red box and the number of AMP you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy AMP” button.
What is Binance TR?Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services by leveraging Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through bank channels and trade various cryptocurrencies with TRY pairs via Binance TR.
Users gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functions through Binance TR.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Amp Coin is an Ethereum $1,623 token that aims to secure payments on the Flexa network by making them instant and safe. If a BTC or ETH payment fails due to being unconfirmed or taking too long to process, AMP provides collateral to cover potential losses, ensuring both parties are protected while the vendor receives payment in fiat currency.
What is Amp (AMP)?Amp (AMP) is described as a new digital collateral token that offers instant, verifiable assurances for any form of value transfer. By using AMP, a wide range of use cases involving assets are secured quickly and irreversibly. Amp provides a simple and versatile interface for verifiable collateralization through a system of collateral partitions and managers.
Collateral partitions support value transfer activities by securing balances that can be directly verified on the Ethereum blockchain, enabling any account, application, or transaction to be collateralized. When collateral partitions are set, collateral managers, which are smart contracts, can lock, release, or redirect the collateral as needed.
Amp supports a wide variety of collateralization use cases and introduces the concept of predefined partition strategies, which enable advanced functionalities like staking tokens without them ever leaving their original addresses.
Where Can You Buy AMP Coin?AMP Coin can be bought and sold securely on Binance, the world’s largest cryptocurrency exchange by trading volume. Amp Coin is traded on the Binance platform with AMP/BTC, AMP/BNB, AMP/USDT, and AMP/BUSD pairs.
To buy AMP, you first need to register on the Binance exchange. After completing the registration, you need to transfer either cryptocurrency or fiat currency into your Binance wallet. Once the transfer is completed, you can purchase AMP Coin from any of the four pairs mentioned above. To buy from the AMP/USDT pair, first navigate to the interface of this pair. In the limit section, enter the desired amount to buy. After entering the amount, the purchase is executed by clicking on the Buy AMP order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Global investment firm Guggenheim Treasury Securities has issued the first Digital Commercial Paper (DCP) on Ethereum, as the tokenization of financial instruments on blockchains gains traction among traditional finance giants.
Commercial paper is a kind of short-term debt security that corporations sell to raise funds. It differs from other debt instruments such as bonds and loans because it is unsecured and not backed by collateral.
Amp.Fi Digital, a blockchain platform designed to issue, trade and provide governance of digital assets, issued $20 million in tokenized commercial paper for Guggenheim on Ethereum, developer Zeconomy said Thursday.
The rollout of yet another tokenized real-world asset follows U.S. federal regulators’ approval of spot Bitcoin ETFs earlier this year, a watershed event that has fueled traditional finance titans’ appetites for blockchain-based digital assets, according to Zeconomy.
Moody’s Investor Service gave Guggenheim’s issuance a rating of P-1, its highest credit rating.
“As clearly demonstrated by the ETFs approval and the growth of the tokenization space, there is a massive demand for these digital assets, and we want to enable our partners so they can be at the forefront of what could be a transformative moment in the financial industry,” Zeconomy CEO Giacinto Cosenza said Thursday in a statement.
The rolling out of DCP on Ethereum marks the latest example of real-world asset tokenization on blockchains—a growing trend. Tokenized government securities such as U.S. Treasury Bills have hit more than $2 billion in market capitalization as institutional interest in the digital asset class accelerates, data from RWA.xyz shows.
In recent months, tokenized Treasury funds’ market capitalization have ballooned. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), launched in March, holds $513 million in assets—up more than 100% since its debut, data shows.
Meanwhile, Franklin Templeton’s OnChain U.S. Government Money Fund's market capitalization (FOBXX) has soared to more than $420 million since its launch in 2021, according to the investment management firm's data.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Global investment bank TD Cowen has predicted a slowdown in the advancement of cryptocurrency legislation, even as presidential candidates Donald Trump and Kamala Harris try to court supporters of the asset class through their election campaigns.
What Happened: In a note released on Monday, TD Cowen stated that definitive legislation is unlikely to progress before the end of 2024, according to a report by The Block.
The prediction comes at a time when lawmakers are on a break until the post-election period, leaving a limited window for the passage of bills during the lame-duck session.
Jaret Seiberg from TD Cowen’s Washington Research Group expressed doubts about significant action during this session due to the limited timeframe and the need to pass other crucial legislation, including the National Defense Authorization Act (NDAA).
See Also: Edward Snowden Cautions Crypto Industry Not To Dilute Principles: ‘We Should Defy Bureaucracy’
Seiberg, however, suggested that a stablecoin bill, which has been under development since 2022 by House Financial Services Committee Chair Patrick McHenry (R-N.C.), and top Democrat of the committee, Rep. Maxine Waters (D-Calif.), could potentially pass under a “best case scenario”.
Why It Matters: Senate Majority Leader Chuck Schumer (D) underlined the significance of “sensible and long-lasting” regulation for the cryptocurrency industry earlier in August, vowing to get “something passed out of the Senate and into law” by the end of the year.
Earlier this year, the FIT21 legislation passed the House in a wave of bipartisan support, marking a pivotal step toward establishing a clear regulatory framework for digital assets in the U.S. Since then, the bill has stalled in the Senate.
As for the stablecoin bill, Walters stated last week the need to strike a “grand bargain” before the end of this year.
Price Action: At the time of writing, Bitcoin was exchanging hands at $63,275.79, down 1.52% in the last 24 hours, according to data from Benzinga Pro.
Photo by Igor Faun on Shutterstock
Did You Know?
Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
XRP (CRYPTO: XRP) became the best-performing large-cap cryptocurrency Monday following the launch of Ripple Labs' USD-backed stablecoin RLUSD.
What happened: The payments-focused cryptocurrency rose 3.51% in the last 24 hours, outpacing the returns of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
With the latest push, XRP's monthly gains zoomed to 138%, the biggest among cryptocurrencies in the top 10 by market capitalization.
The rally was likely powered by significant buying interest from whale investors. Noted cryptocurrency analyst Ali Martinez highlighted that whales purchased over 830 million XRP, worth over $2 billion at prevailing market prices.
See Also: If You Invested $1,000 In Bitcoin When The First Bitcoin ETF Was Filed, Here’s How Much You’d Have Today
The readings of moving averages supported the coin’s bullish potential. XRP's price was greater than nearly all of its exponential moving averages and simple moving averages, indicating that investors’ current expectations are higher than their average expectations over the past period.
However, the Moving Average Convergence Divergence indicator, which compares two exponential moving averages, flashed a ‘Sell' signal.
The Bull Bear Power indicator, used for measuring the strength of buyers and sellers in the market, was ‘Neutral" as of this writing.
Moreover. XRP's Open Interest, a measure of its speculative interest, rose 5.26% in the last 24 hours and nearly 450% since Nov. 5, the presidential election day, data from Coinglass revealed.
About 75% of all Binance traders with an open interest were positioned long on the asset, signaling the expectation of further upsides.
Why It Matters: Optimism around XRP was tied to several factors, with the most notable being the launch of RLUSD from Ripple, a payments company that uses XRP for its operations.
Ripple President Monica Long said Monday that the release marked a new chapter for the XRP Ledger, the blockchain technology powering Ripple's operations.
Ripple planned to position RLUSD for a range of financial applications, including instant cross-border settlements, Treasury operations, and integration with decentralized finance protocols.
Furthermore, with SEC Chair Gary Gensler’s tenure coming to an end and being succeeded by cryptocurrency-friendly Paul Atkins, investors feel more confident about XRP.
Ripple has been locked in a nearly four-year-long legal battle with the SEC over the status of XRP, and any change in the agency’s top leadership is viewed with optimism.
Price Action: At the time of writing, XRP was exchanging hands at $2.49, up 3.65% in the last 24 hours, according to data from Benzinga Pro.
Read Next:
‘Most Crypto-Foward’ RIA Slams Bitcoin Forecasts From Michael Saylor, Others: ‘Disvalues It To Me’ Market News and Data brought to you by Benzinga APIs
Amp is currently in an uptrend after bouncing from its multi-month support. Investors are keen to see how far this rise can sustain itself and move higher in the coming weeks. Let’s find that out in detail in this Amp price prediction.
Since its launch, Amp (AMP) has seen an all-time high of $0.1208, followed by a 96.5% drop in price. At the time of writing, it is now trading at $0.004201, which is around a 71% decrease from its price of $0.014463, which was recorded four months ago in December 2024.
AMP 1d chart | Source: crypto.news In this article, we’ll discuss AMP price prediction by giving you its short-term and long-term price forecasts and exploring whether this token can continue its bullish run.
The digital collateral token known as Amp is said to provide immediate, verifiable guarantees for any type of asset transfer. Networks like Flexa can swiftly and permanently secure transactions for a broad range of asset-related use cases by utilizing Amp.
The project was started in 2020 with the goal of offering a transaction platform that is quick, easy, and safe. It promises to address several network issues, including price volatility, sluggish confirmation times, and widespread adoption.
Amp asserts that its system of collateral managers and collateral divisions provides a simple yet flexible interface for verified collateralization. Any account, application, or transaction can be collateralized using collateral partitions, which also hold balances that can be verified directly on the Ethereum blockchain.
Now let’s discuss AMP price prediction for this year and in the coming years as well.
Amp price prediction What can be a realistic projection for the AMP token? Let’s dive into the AMP price prediction for 2025 and 2030.
Amp coin price prediction: short-term outlook According to CoinCodex’s Amp price prediction for the near future, the token is projected to drop by -1.25% and reach $0.004379 by May 22, 2025.
As of Apr. 22nd, 2025, the overall sentiment of the AMP price outlook has turned slightly bullish, with 15 technical analysis indicators showing bullish signals, 11 indicating bearish trends, and 9 indicators showing neutral forecasts.
Amp price prediction 2025 For the remaining months of 2025, DigitalCoinPrice predicts that the AMP token’s price could fluctuate between $0.00365 and $0.00898, and may likely hold a yearly average of $0.00874.
CoinCodex projects that the AMP token can trade in the price channel of $0.004379 and $0.004886 in 2025.
According to Changelly’s analysis of AMP’s recent price trends, the coin is projected to have a minimum price of $0.00365 and a maximum price of $0.00660 in 2025.
While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. BTC has already breached the $100k mark, and there is a possibility that it may be at the top of this bull cycle. Hence, it is advised to do your research before investing in AMP or any other cryptocurrency with the hopes of gaining on your investment in 2025.
Amp price prediction 2030 As per CoinCodex’s Amp crypto price prediction for 2030, AMP’s price could vary between $0.000271 and $0.004532.
DigitalCoinPrice expects that AMP’s price could climb to $0.0194 or $0.0224 by the end of 2030.
Changelly predicts that by 2030, the AMP token could range between $0.0195 and $0.0323.
Before trusting any source that is trying to predict the AMP price prediction for 2030, you should understand that it is a cryptocurrency and, like all other tokens, the AMP token’s price can be highly volatile.
2030 is five years away, and many cryptocurrencies can become obsolete in that time. This is why it is hard to give a realistic price prediction for any token, including AMP. A great way for AMP to survive these five years and continue its ascent in the crypto market is to continue building its blockchain technology and partner with key players in the digital crypto space. You should research and keep yourself updated with the latest developments in the upcoming years to make an informed investment decision in the AMP token.
Is Amp a good investment? Before investing in any cryptocurrency, including AMP, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a token that was once considered the future may also be delisted from major exchanges. Hence, it is advisable to do your research on the token’s fundamentals before having any price expectations for the future of the AMP token.
Will Amp go up or down? Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on.
While it is hard to determine how high the AMP token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.
It is also vital that you rely on financial experts and consult them for Amp price prediction, but even after all that, you should remain cautious, as no one can accurately predict how high or low AMP can go.
Should I invest in Amp? Before investing in any cryptocurrency or trusting any Amp price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment, and their success not only relies on market volatility but also on the constant and sustainable growth of their community. Hence, it is advisable to do your research on the token’s fundamentals, which may very well decide the future of the AMP token.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The cryptocurrency market is taking a breather on Thursday after sustaining gains for almost two weeks, buoyed by heightened risk-on sentiment amid easing trade tensions between the United States (US) and China. While most top currencies are either stable or losing ground, Ethereum ecosystem tokens Amp (AMP) and Aethir (ATH) have defied the broad-based drawdown, stealing the spotlight among the top 200 cryptocurrencies, to post the highest gains in the last 24 hours.
On the other hand, Helium (HNT), which also posted gains in the last 24 hours but is partly erasing them on Thursday, faces growing upside risks after rejection below the seller congestion at around $4.38.
Amp’s uptrend is steady above $0.005Amp’s price edges higher on Thursday, increasing by more than 3% to trade at $0.0051. The digital collateral token, which offers instant, verifiable assurances for any value transfer, boasts over 16% growth in value in the last 24 hours, defying the pullback in the broader crypto market.
Amp’s price sits above key moving averages ranging from the 200-day Exponential Moving Average (EMA) at $0.0049, the 100-day EMA at $0.0045, to the 50-day EMA at $0.0042, signifying a strong bullish momentum and the token’s ability to sustain recovery in upcoming sessions.
A daily close above the 200-day EMA would encourage traders to keep their exposure to AMP, eyeing another leg up to $0.0065, a level tested last in January as support and in February as resistance.
Technical indicators support the bullish outlook, including the Moving Average Convergence Divergence (MACD), which currently sits above the center line, upholding a recently confirmed buy signal, and the overbought but uptrending Relative Strength Index (RSI) at 76.46.
AMP/USDT daily chart
Traders should brace for multiple scenarios despite AMP’s recent surge, as the RSI indicator’s overbought conditions signal a potential trend reversal. An increase in sell-side pressure due to potential profit-taking could halt momentum in the near term.
Tentative support levels lie at the 200-day EMA at $0.0049, the 100-day EMA at $0.0045 and the 50-day EMA at $0.0042.
Aethir’s bullish comeback is in progressEnterprise-grade Artificial Intelligence (AI)-focused token Aethir’s rally seems unstoppable despite the market-wide cool-off. ATH is up over 4% on the day and 16% in the last 24 hours to exchange hands at $0.052.
The rally follows a break above an extended descending trendline, which had capped Aethir’s upside price action since December. Subsequent gains above the 50-day EMA, the 100-day EMA and the 200-day EMA ascertained the uptrend’s strength.
The MACD indicator shows that bullish momentum is still strong as it lifts higher above the centre line, but a decisive break above Aethir’s (ATH) immediate resistance at $0.054 could trigger outsized gains in the coming days.
ATH/USDT daily chart
However, the RSI indicator overbought at 82.75, suggests that traders must be cautious. Overbought conditions are often a precursor to sudden sharp drawdowns, reflecting declining sentiment in the larger crypto market and potential selling for profit among traders.
Helium’s uptrend cracks below the 20-day EMAHelium, the decentralised Internet of Things (IoT) token, enabling devices to communicate and share data, has encountered a massive resistance cluster slightly below the 200-day EMA at $4.38, resulting in a sharp drop in price to $4.00. Despite the recent pullback, HNT remains one of the best-performing crypto assets in the last 24 hours with a 3% price increase.
Before the pullback, HNT was on the cusp of validating a double-bottom pattern, projecting a 48.5% move above the breakout point ($4.43) to $6.58. If declines overshadow the 100-day EMA support at $3.83, it would be difficult to immediately resume the uptrend, possibly culminating in larger than anticipated losses to $3.00, a support area tested frequently over the last three months.
HNT/USD daily chart
Based on the sideways movement of the MACD indicator above the mean line, consolidation could occur between the 100-day support at $3.83 and the 200-day EMA resistance at $4.38 ahead of the next breakout.
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
Amp crypto price has crashed by over 40% from its highest point in May and by nearly 80% from its 2024 high.
Amp (AMP) token dropped to a low of $0.00293 this week, its lowest level since April. This retreat has brought its market cap to $286 million, down from its all-time high of $3.5 billion. Here are the top three reasons why the coin may rebound soon.
Amp crypto has formed a double-bottom pattern The first reason Amp may bounce back is that it has formed a double-bottom pattern on the daily chart. This pattern consists of two distinct lows and a neckline. In this case, the bottom section is at $0.0029, while the neckline is at $0.00578.
The profit target in a double-bottom is established by subtracting the lower side from the neckline. In this case, the calculation gives the pattern’s height as $0.00288. Adding this figure to the neckline gives a target of $0.0086, up 155% from the current level.
Amp price chart | Source: crypto.news Whales are buying Amp Another reason the Amp token may rebound is that whales are actively accumulating AMP. These large holders are increasing their token holdings, signaling expectations of a price recovery.
One reason for this accumulation is the belief that Amp is highly undervalued, as the MVRV ratio has plunged to -1.78. An MVRV ratio below 1 typically indicates that a token is trading at a discount.
The chart below shows that wallets holding between 100,000 and 1 million AMP have increased their holdings to 1.1 billion from the year-to-date low of 1.05 billion. Similarly, whales holding between 1 million and 10 million tokens now hold over 1.97 billion coins, while those with 10 million to 100 million now hold 10.7 billion.
Amp whale activity and MVRV | Source: Santiment Supply on exchanges is falling Meanwhile, there are signs that investors are not dumping AMP even as its price declines. Nansen data shows that exchange balances have dropped to 15.35 billion tokens, down 15% in the last 30 days and 20% in the last 90. There were nearly 20 billion AMP on exchanges in April.
AMP exchange balances | Source: Nansen Therefore, the strong technicals, combined with the falling supply on exchanges and increased whale accumulation, suggest that AMP may bounce back.
A New Chapter in Financial Data InfrastructureThe next phase of finance is onchain. Yet most of the world’s data infrastructure isn’t built for it.
Financial institutions and fintech are moving toward digital assets and blockchain systems, but adoption remains difficult. Traditional databases, designed decades ago for general-purpose use, can’t handle the complexity of blockchain networks. They’re slow, inflexible, and lack native support for verification, auditability, and interoperability.
To scale confidently in this new landscape, institutions need trust, auditability, and speed. Amp delivers all three.
Introducing Amp: The First Blockchain-Native DatabaseAmp, is the first blockchain-native database designed for scale. It transforms raw onchain data into verifiable intelligence that’s ready for analytics, auditability, and AI-driven innovation.
When using Amp, data is queryable with SQL, the most familiar data language. It's capable of unifying data across blockchains, offering a single access layer for institutions to analyze, audit, and act on blockchain activity in real time.
It’s fast (5.9× faster than BigQuery’s public datasets), efficient (2.3× better storage performance than full node databases), and designed for mission-critical environments, processing over 4 million events per second.
No latency. No manual ETL. Simply clean, onchain data.
Built for Scale and Real-World ImpactAmp is engineered for teams that need data they can trust.
Enterprise-grade security and trust: SOC 2–aligned architecture built with audit-ready lineage for verifiable trust.Flexible deployment options: Hosted on cloud, on-prem, or co-located environments.Full lineage: Every data point is provable and traceable.Unified APIs: REST, GraphQL, and SQL for streaming or batch workloads.Integrations: Seamless connection with Power BI, Snowflake, Datadog, Splunk, Grafana, and more.Local-first development: Build, test, and deploy faster.Supported environments: Hands-on support from Forward Deployment Engineers and technical teams.Why Amp Changes the GameFinancial systems demand precision. Amp delivers it.
Unified cross-chain visibility: Analyze activity across tokens, assets, and blockchains.Corridor analytics: Track performance and settlement flows across payment rails.Auditability: Structured, verifiable data for regulators and internal governance.Risk and treasury oversight: Transparent exposure tracking for digital and real-world assets.AI-ready foundation: Verified data powering agents, models, and automation systems.Amp replaces brittle pipelines and RPC endpoints with a verifiable, high-speed data foundation that scales as fast as blockchain itself. In benchmark tests, Amp outperformed traditional infrastructure by 100× in data freshness (1s vs. 101s) and over 4,300× in backfill performance, eliminating bottlenecks that slow innovation.
Designed for the Future of Regulated Digital AssetsAs markets evolve toward regulated digital assets, stablecoins, and tokenized real-world assets, Amp ensures institutions can operate with trust and auditability built in.
It’s future-proof, built for the agentic economy where AI agents, smart contracts, and applications all depend on verified onchain data. Amp provides the verifiable, high-performance foundation these systems require; bridging blockchain reliability and enterprise governance.
The Future of Blockchain DataAmp redefines trusted blockchain infrastructure with a focus on scalability and verifiable intelligence, bridging blockchain innovation and reliability.
The Graph made blockchain data usable; Amp makes it usable at enterprise scale. Financial institutions building on Amp with Edge & Node and The Graph are not just adapting, they will be defining the future.
Explore Amp
About The GraphThe Graph is a suite of blockchain data infrastructure products that extract, process, and deliver scalable blockchain data solutions across 60+ networks. The Graph enables application developers, data analysts, AI agents, and enterprise teams that need structured, real-time access to blockchain data. Products include Subgraphs, Firehose, Substreams, and Amp. As of early 2026, The Graph has served over 1.27 trillion queries to more than 75,000 projects, powered by a network of independent Indexers around the world.
Follow The Graph on X, LinkedIn, Instagram, and Reddit. Join the community on The Graph’s Telegram, join technical discussions on The Graph’s Discord.
A New Chapter in Financial Data InfrastructureThe next phase of finance is onchain. Yet most of the world’s data infrastructure isn’t built for it.
Financial institutions and fintech are moving toward digital assets and blockchain systems, but adoption remains difficult. Traditional databases, designed decades ago for general-purpose use, can’t handle the complexity of blockchain networks. They’re slow, inflexible, and lack native support for verification, auditability, and interoperability.
To scale confidently in this new landscape, institutions need trust, auditability, and speed. Amp delivers all three.
Introducing Amp: The First Blockchain-Native DatabaseAmp, is the first blockchain-native database designed for scale. It transforms raw onchain data into verifiable intelligence that’s ready for analytics, auditability, and AI-driven innovation.
When using Amp, data is queryable with SQL, the most familiar data language. It's capable of unifying data across blockchains, offering a single access layer for institutions to analyze, audit, and act on blockchain activity in real time.
It’s fast (5.9× faster than BigQuery’s public datasets), efficient (2.3× better storage performance than full node databases), and designed for mission-critical environments, processing over 4 million events per second.
No latency. No manual ETL. Simply clean, onchain data.
Built for Scale and Real-World ImpactAmp is engineered for teams that need data they can trust.
Enterprise-grade security and trust: SOC 2–aligned architecture built with audit-ready lineage for verifiable trust.Flexible deployment options: Hosted on cloud, on-prem, or co-located environments.Full lineage: Every data point is provable and traceable.Unified APIs: REST, GraphQL, and SQL for streaming or batch workloads.Integrations: Seamless connection with Power BI, Snowflake, Datadog, Splunk, Grafana, and more.Local-first development: Build, test, and deploy faster.Supported environments: Hands-on support from Forward Deployment Engineers and technical teams.Why Amp Changes the GameFinancial systems demand precision. Amp delivers it.
Unified cross-chain visibility: Analyze activity across tokens, assets, and blockchains.Corridor analytics: Track performance and settlement flows across payment rails.Auditability: Structured, verifiable data for regulators and internal governance.Risk and treasury oversight: Transparent exposure tracking for digital and real-world assets.AI-ready foundation: Verified data powering agents, models, and automation systems.Amp replaces brittle pipelines and RPC endpoints with a verifiable, high-speed data foundation that scales as fast as blockchain itself. In benchmark tests, Amp outperformed traditional infrastructure by 100× in data freshness (1s vs. 101s) and over 4,300× in backfill performance, eliminating bottlenecks that slow innovation.
Designed for the Future of Regulated Digital AssetsAs markets evolve toward regulated digital assets, stablecoins, and tokenized real-world assets, Amp ensures institutions can operate with trust and auditability built in.
It’s future-proof, built for the agentic economy where AI agents, smart contracts, and applications all depend on verified onchain data. Amp provides the verifiable, high-performance foundation these systems require; bridging blockchain reliability and enterprise governance.
The Future of Blockchain DataAmp redefines trusted blockchain infrastructure with a focus on scalability and verifiable intelligence, bridging blockchain innovation and reliability.
The Graph made blockchain data usable; Amp makes it usable at enterprise scale. Financial institutions building on Amp with Edge & Node and The Graph are not just adapting, they will be defining the future.
Explore Amp
About The GraphThe Graph is a suite of blockchain data infrastructure products that extract, process, and deliver scalable blockchain data solutions across 60+ networks. The Graph enables application developers, data analysts, AI agents, and enterprise teams that need structured, real-time access to blockchain data. Products include Subgraphs, Firehose, Substreams, and Amp. As of early 2026, The Graph has served over 1.27 trillion queries to more than 75,000 projects, powered by a network of independent Indexers around the world.
Follow The Graph on X, LinkedIn, Instagram, and Reddit. Join the community on The Graph’s Telegram, join technical discussions on The Graph’s Discord.
BlackRock’s stance remains constructive: adoption curves, liquidity depth, and regulated rails underscore a long-term bet on Bitcoin, despite sluggish price movements. Institutional flows remain sticky, with IBIT’s rapid AUM ascent reinforcing the ‘allocators aren’t leaving’ narrative during macro turbulence. In sideways majors, capital is watching utility-first plays where tokens power real-world activity (content, payments, or AI), and not just emissions. SUBBD Token is a project that tokenizes content in the first AI agent creator platform that uses blockchain technology. The presale has currently raised over $1.3M. Bitcoin’s cooled off after ripping to six figures, and macro noise from Washington’s prolonged shutdown hasn’t helped risk appetite.
Yet the world’s largest asset manager (BlackRock) isn’t blinking. Instead, it frames Bitcoin as a long-duration, structural bet anchored by network adoption, deeper liquidity, and the slow erosion of legacy money systems.
That’s not the tone you hear during a flash dump, but the pitch you use when you’re allocating for years to come, not weeks.
And flows back it up. BlackRock’s iShares Bitcoin Trust (IBIT) became the fastest U.S. ETF to surpass roughly $80B in assets and has since solidified its position at the top of the spot $BTC ETF stack.
Translation: despite choppier price action, institutions are still dollar-cost-averaging Bitcoin via regulated rails. And with the U.S. shutdown now trudging toward a resolution, the policy overhang looks more like a speed bump than a trend shift.
And over a week ago, BlackRock’s IBIT surpassed Coinbase’s Deribit platform and became the largest Bitcoin options venue in the world.
For traders watching risk rotations, that matters. When majors grind sideways but the strategic case remains intact, capital looks at early-stage projects with promising utility.
We’re talking about a bid on the best altcoins, and that’s where SUBBD Token ($SUBBD) is trying to earn attention: a content-and-AI play that leans into content tokenization and the creator commerce industry, with fan engagement mechanics.
SUBBD Token ($SUBBD): AI-Powered Creator Monetization & Access SUBBD Token ($SUBBD) isn’t just another presale pitch; it’s a creator toolkit built to do real work. The platform integrates AI assistants, voice cloning, and automated livestreaming into a single workflow, allowing you to script, produce, and publish with fewer tabs and fewer late nights.
Fans receive clean, token-gated access to premium drops and livestreams, while you set flexible pricing, bundles, and perks that align with how your audience engages.
On-platform mechanics keep the loop tight. Discounts on subscriptions, tipping, and pay-per-view unlocks let you experiment with revenue without rebuilding your stack.
Engagement feeds XP multipliers slot into raffles and simple games, turning passive viewers into committed members. You spend less time juggling calendars and more time shipping content: the AI helpers handle repetitive admin, so a larger share of each subscriber dollar lands where it should.
The payoff is practical: faster production cycles, smoother paywalls, and stickier communities that come back for access, not hype. In a market tired of promises, a platform that saves time and deepens fan relationships is the utility that travels in any cycle.
Plus, there’s a lot to look forward to, like strategic partnerships for marketing, enhanced AI image generation, the HoneyHive, and the release of the Creators mobile app.
In a market that’s increasingly allergic to vapor, this is the kind of utility-first framing that can still resonate even when $BTC cools off.
Visit the $SUBBD presale page to join.
Presale Is Burning Red-Hot with $1.3M Raised & 20% Fixed APY Presales live or die on incentives and clarity. In $SUBBD’s case, transparency is evident – over $1.3M has been raised so far, with the current stage pricing at $0.0569.
Staking is another hook: tokens staked during the sale earn a fixed 20% APY for the first year per the whitepaper, shifting to platform-benefit staking thereafter. That’s high, but as always, view it as an early-stage incentive to bootstrap participation rather than a permanent yield regime.
To join the presale, follow our $SUBBD buying guide. The presale accepts $USDT, $BNB, $ETH, $USDC, and fiat via a debit card.
If BlackRock’s steady-hand view maintains a constructive backdrop while $BTC fluctuates, presales with immediate product hooks, such as $SUBBD, have a cleaner path to narrative alignment.
➡️ Grab your $SUBBD now.
This article is informational only, not financial advice. Presales are high-risk; tokens may be illiquid and their values are volatile. Do your own research.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/blackrock-bullish-bitcoin-best-altcoins-like-subbd-token-soar/
PANews reported on April 3 that, according to the latest data from SolanaFloor, the impact of the Drift protocol vulnerability continues to expand. The number of affected protocols has increased from 11 yesterday to 20, with nine new protocols added: PiggyBank, Perena, Vectis, Valeo, Amp Pay, Loopscale, Prime Numbers Fi, Gauntlet, and Exponent.
Regarding specific losses: Prime Numbers Fi is estimated to have lost over $10 million, Gauntlet approximately $6.4 million, Neutral Trade approximately $3.67 million, Elemental DeFi approximately $2.9 million, Reflect Money approximately $1.95 million, Vectis approximately $1.69 million, Ranger Finance approximately $919,000, Pyra approximately $551,000, and PiggyBank confirmed a loss of $106,000, which was fully reimbursed by the team.
Each agreement has taken corresponding measures: most have suspended minting, redemption, deposits and withdrawals, or related vault functions; Prime Numbers Fi is still under evaluation and has not yet announced any action; Vectis has not yet responded but Ranger Finance has confirmed its risk exposure. Gauntlet has limited further supply and is coordinating with Drift. Data estimated by Chaos Labs provides a reference for this loss assessment.
April 3 – SolanaFloor has released updated data showing the Drift protocol attack’s impact continues to expand, with the number of affected protocols rising to 20. Nine new protocols are now included: PiggyBank, Perena, Vectis, Valeo, Amp Pay, Loopscale, Prime Numbers Fi, Gauntlet, and Exponent. Losses per affected protocol are as follows: - Prime Numbers Fi: Estimated over $10 million - Gauntlet: Approximately $6.4 million - Neutral Trade: Approximately $3.67 million - Elemental DeFi: Approximately $2.9 million - Reflect Money: Approximately $1.95 million - Vectis: Approximately $1.69 million - Ranger Finance: Approximately $919,000 - Pyra: Approximately $551,000 - PiggyBank: Confirmed $106,000 loss (fully compensated by its team)
Relevant content
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
4 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
4 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
4 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
4 minutes ago
JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
4 minutes ago
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker Fund Flow Trend Oscillator, a relatively lesser-known indicator.
In a detailed breakdown shared via a YouTube video, Cantonese Cat explored SHIB’s recent price action in conjunction with this oscillator, revealing that it is ready for at least a 5x move to its all-time high, up until a bigger 2430% increase to a target of $0.00047.
Shiba Inu Flashes Buy Signal Cantonese Cat’s latest analysis on Shiba Inu offers an interesting angle to the meme coin’s price action alongside other altcoins. The video in which he shared his analysis covers the current SHIB movement in relation to the larger altcoin market. As such, the analyst notes that Shiba Inu is one of ten cryptocurrencies among Optimism, Avalanche, Cardano, Chainlink, Boba Network, COTI, Amp, Cartesi, and Injective, which are all flashing a buy signal with the L3 Banker Fund Flow Trend Oscillator.
The L3 Banker Fund Flow Trend Oscillator is a technical indicator used to analyze the flow of capital in and out of cryptocurrencies among large market participants. A detailed analysis of SHIB’s price action with this indicator shows that this buy signal is extremely rare. The last time it flashed a buy signal for SHIB was in July 2023.
At that time, SHIB was trading below $0.000008. What’s more interesting is that even though the buy signal appeared then, SHIB’s price continued to consolidate for another six months before finally experiencing a strong rally in February 2024 during the broader crypto market upturn. Fast forward to October 2024, and SHIB is now showing another sign of a bullish rally with the L3 Banker Fund Flow Trend Oscillator.
SHIB Price Targets To Expect Although the buy signal is derived from the banker fund oscillator, the analyst uses Fibonacci levels to predict potential targets when the breakout eventually occurs. The first target is the 1 Fibonacci extension level, which aligns with SHIB’s current all-time high of $0.0000884. He also noted an ultimate “crazy target” for those anticipating a bigger surge. This ultimate target is at the 1.618 Fibonacci extension level, which aligns with $0.00047.
Source: X Reaching this price would require SHIB to break through multiple resistance levels, both before and after surpassing its all-time high. Achieving this “crazy target” would represent a 2,430% increase or approximately a 30x jump from the current price level. Cantonese Cat suggests that this target could be achieved by August or September 2025, although he admits this is a highly ambitious target. According to him, a more feasible target is a 10x run from the current SHIB price.
At the time of writing, SHIB is trading at $0.00001733 and is down by 6% in 24 hours.
SHIB price still holding up | Source: SHIBUSDT on Tradingview.com Featured image created with Dall.E, chart from Tradingview.com
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
