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Memecore ($M) is back in the spotlight, surging 55% in the past week and breaking out of a stubborn descending wedge pattern.

Backed by heavy trading volume and an $870M market cap, the move has traders eyeing a potential 160% push toward its all-time high near $1.

Why does this matter? Because Memecore’s breakout isn’t just a single-chart anomaly; it’s a signal that meme coin momentum is waking up again after weeks of sluggish price action.

When a mid-cap like Memecore starts ripping, it often stirs up retail FOMO across the entire sector.

That renewed energy is why it’s worth watching the meme coin landscape closely. In this piece, we’ll break down three of the most compelling plays right now: two high-potential presales that could ride this wave early, plus one established pick with plenty of room to run.

Why Memecore’s Breakout Could Signal a Meme Coin Rally Memecore’s breakout above its descending wedge has flipped a key resistance zone between $0.43 and $0.55 into support, setting up a clean technical base for further upside.

This consolidation is drawing attention from prominent traders like innovatorYK and CryptoSmith0x, whose bullish calls are helping fuel social volume and renewed interest in meme coins.

Adding to the momentum is the broader market backdrop. The ongoing Solana ETF hype is funneling fresh liquidity into the best altcoins, while Ethereum’s steady recovery is keeping cross-chain traders engaged. For meme coins, this mix of catalysts often sparks outsized moves — and Memecore is currently leading the charge.

Just as critical, Memecore’s $27M in 24-hour trading volume shows real capital is flowing, signaling conviction from both retail and whales.

The best meme coins are also evolving, blending their satirical roots with emerging utility and community-driven features. With Memecore heating up, it’s time to look at three meme coins poised to ride this wave next:

1. Maxi Doge ($MAXI) – The Alpha Meme Coin for Traders Maxi Doge ($MAXI) is a full-blown degen lifestyle play.

Priced at $0.0002505, with over $320K raised in its presale, $MAXI embraces a 1000x leverage, gym-pumped narrative that’s turning heads across Crypto Twitter.

Its ‘final form,’ the Doge branding leans into pure hustle culture: nonstop grind, relentless green candles, and zero room for paper hands.

What sets $MAXI apart is its forward-looking roadmap. The team has teased potential partnerships and even futures trading features designed to position $MAXI as more than a Dogecoin derivative.

Early staking rewards (currently 797%) are also on the table, rewarding diamond-handed traders willing to lock in for the long haul.

Social momentum is building fast, with an expanding community of ultra-aggressive traders who see $MAXI as the meme coin to dominate this cycle. With Memecore reigniting the sector, $MAXI looks primed to flex even harder.

2. TOKEN6900 ($T6900) – The Honest, No-Utility Meme Coin TOKEN6900 ($T6900) is what happens when you strip a meme coin down to its rawest form: zero utility, no roadmap, and no empty promises.

Priced at $0.006825 with over $1.6M raised in its presale, it’s a satirical jab at traditional finance, even mocking the S&P 500 with its unapologetically absurd branding.

Unlike the wave of ‘AI-powered’ meme coins with overinflated pitches, TOKEN6900 thrives on brutal honesty. Its fixed supply and fair presale have won over a growing army of meme purists who are sick of utility theater and just want the real degeneration back.

This anti-Wall Street positioning has sparked genuine community buzz, making $T6900 one of the most talked-about presales on Ethereum. With staking rewards (currently 38%) adding a layer of degen-friendly tokenomics, it’s a project that fully embraces the culture.

In a market where authenticity hits harder than any narrative, TOKEN6900 feels tailor-made for the current high-risk, high-reward crypto climate.

3. Pudgy Penguins ($PENGU) – The Established Meme Icon Going Mainstream Pudgy Penguins ($PENGU) is a cultural heavyweight in the meme coin industry. With a ~$2.2B market cap and price around $0.035 (up 118% in the past month), $PENGU has cemented itself as one of the most recognized names in crypto.

Its partnerships stretch far beyond Web3: from Walmart selling plushies to Random House book deals and even NASCAR collaborations, it’s bridging the gap between memes and mainstream markets.

PENGU’s ecosystem also brings utility. Its NFT-driven brand extends into Web3 gaming integrations like My Neighbor Alice, creating a mix of culture and commerce that few meme coins can match. Recent ETF speculation and even McDonald’s swapping its PFP to a Pudgy avatar only add fuel to the fire.

For traders hunting a meme coin with staying power, $PENGU stands out. It’s a maturing brand with the potential to bring meme culture into the global spotlight.

Final Verdict: Meme Coins Are Heating Up Again Memecore’s breakout is more than a single-coin rally – it’s a signal that meme coin momentum is swinging back in full force. When liquidity, social buzz, and community conviction align, even the most satirical tokens can rip.

For those hunting early exposure, $MAXI and $T6900 bring two radically different presale narratives: high-octane trader culture and unapologetic meme maximalism.

Meanwhile, $PENGU stands as a battle-tested favorite, proving that memes can evolve into mainstream brands with staying power.

Still, meme coins are volatile by nature. Treat them as high-risk, high-reward plays, and always do your own research (DYOR) before you buy anything.

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After momentarily sliding below important support levels, Ethereum (ETH) is once again on the climb. After a significant change in market mood, the second-largest digital asset by market capitalization passed $2,900.

Interestingly, Eric Trump, the son of US President Donald Trump, weighed in on the situation, remarking that it is a strategic opportunity to acquire ETH.

Tariff Pause Sparks Market Rebound Concerns over possible tariffs on Canada and Mexico rattled the crypto market earlier this week. Both Bitcoin and Ethereum fell significantly; Ethereum dropped momentarily to around $2,360. Still, the temporary suspension of the tariffs by Trump offered a breather, which raised investor confidence in risk assets including cryptocurrency.

In the wake of the announcement, Ethereum experienced a robust recovery, with a nearly 20% increase. Traders interpreted this as an invitation to re-enter the market, and ETH promptly reclaimed the $2,900 mark.

In my opinion, it’s a great time to add $ETH.

— Eric Trump (@EricTrump) February 3, 2025

Eric Trump’s Crypto Endorsement Raises Eyebrows Eric Trump posted his optimistic view on Ethereum on social media. He first said, “In my opinion, it’s a great time to add $ETH. You can thank me later.” Although the subsequent section of his remarks was deleted, crypto investors saw resonance in his endorsement of Ethereum’s future development.

The Trump family has been progressively involved in the digital asset sector, particularly through their World Liberty Financial platform. This most recent statement serves to emphasize their involvement and potential long-term dedication to blockchain technology.

ETHUSD trading at $2,722 on the daily chart: TradingView.com World Liberty Financial’s Significant Ethereum Transaction World Liberty Financial recently made a substantial move in the crypto space, which has served to further fuel speculation. The firm transferred over $300 million in assets to Coinbase’s custody platform, according to blockchain analytics firm Spot On Chain. Furthermore, they acquired an additional 1,826 ETH for approximately $5 million and converted nearly 20,000 Lido Staked Ether (stETH) into ETH.

World Liberty Financial (@worldlibertyfi) moved $307.41M in 8 assets to #CoinbasePrime 6 hours ago—as part of treasury management and business operations.

Shortly after, the project unstaked 19,423 $stETH to $ETH and further spent 5M $USDC to buy 1,826 $ETH at $2,738.… https://t.co/Rp9NAFUs5N pic.twitter.com/5bfIvJma7U

— Spot On Chain (@spotonchain) February 4, 2025

These transactions indicate that the company is making preparations for the introduction of its “Earn and Borrow” lending protocol. Although the protocol is still in the process of being developed, the substantial transfers suggest that the platform could soon play a significant role in decentralized finance (DeFi).

Ethereum’s Prospects Still Remain Positive As institutional interest is rising and the price of the top altcoin has recaptured higher levels, Ether remains a central focus in the crypto market. Macroeconomic changes, strategic investments, and political influence taken together provide an interesting dynamic for ETH’s future course.

Featured image from Gemini Imagen, chart from TradingView

Crypto Exchange Bybit Fully Closes Ethereum Gap, According to Updated Proof of Reserves Report

The crypto market has experienced a modest correction, with several major coins witnessing small declines amid a broader bull run. 

This dip comes amid significant whale activity, revealing divergent strategies among the crypto market’s largest players. 

Crypto Whales Play Both Sides: Accumulating and SellingBeInCrypto Markets data revealed that over the past 24 hours, the broader crypto market has dropped 3.83%. Furthermore, 7 of the top 10 cryptocurrencies are in the red.

Bitcoin (BTC), the flagship crypto, dipped 0.48% over the past day. Ethereum (ETH), Lido Staked Ether (STETH), and TRON (TRX) bucked the trend, with the latter posting the highest gains of 3.19%.

Crypto Market Performance. Source: BeInCrypto MarketsMeanwhile, (Micro) Strategy has bought the dip. The firm announced the acquisition of 21,021 BTC, valued at approximately $2.46 billion. The average purchase price was $117,256 per coin. 

This purchase, funded through a $2.5 billion initial public offering of Variable Rate Series A Perpetual Preferred Stock (STRC), increases the company’s total holdings to 628,791 BTC. The firm is now sitting at an unrealized profit of $28.18 billion.

“With approximately $2.521 billion of gross proceeds, this is the largest US IPO completed in 2025 to date based on gross proceeds and the largest U.S. exchange-listed perpetual preferred stock offering in the U.S. since 2009,” the firm added.

Furthermore, its year-to-date BTC yield stands at 25%. This acquisition aligns with the company’s pattern of leveraging equity and debt to bolster its BTC reserves, a strategy that has positioned it as a leading institutional holder.

Besides Strategy, Lookonchain highlighted that Anchorage Digital, a digital asset platform and infrastructure provider, has also increased its Bitcoin exposure.

“Anchorage Digital has accumulated 10,141 BTC($1.19 billion) from multiple wallets over the past 9 hours,” Lookonchain posted.

In contrast, a previously dormant investor’s activities indicated a more profit-oriented approach. Lookonchain reported that after 12 years of dormancy, a Bitcoin holder transferred out 343 BTC, worth $40.52 million. Of this, the ‘Bitcoin OG’ deposited 130.77 BTC, valued at $15.45 million, to Kraken.

“This OG received 343 BTC (around $29,600 at the time) 12 years ago, when the BTC price was $86. That’s a 1,368x return!,” the blockchain analytics firm revealed.

This small transfer follows one of the largest Bitcoin transactions ever executed in the cryptocurrency’s history. BeInCrypto reported that Galaxy Digital sold over 80,000 Bitcoin, worth more than $9 billion, on behalf of a long-term investor. 

Ethereum’s market has similarly seen contrasting whale behaviors. A new wallet (0x3dF3) accumulated 12,000 ETH worth over $45 million through Galaxy Digital.

“Since July 9, a total of 9 fresh wallets have accumulated 640,646 ETH ($2.43 billion),” Lookonchain wrote.

However, this accumulation is offset by sell-offs. An on-chain analyst noted that Galaxy Digital deposited 5,000 ETH worth $19.28 million into Coinbase, and Cumberland also transferred 10,592 ETH worth approximately $40.79 million to the same exchange.

Moreover, Fidelity also followed the same path and sent 12,981 ETH valued at around $49.7 million to Coinbase.

“The institutional address suspected to be HashKey Capital transferred 12,000 ETH to OKX the day before yesterday, and then withdrew 46.16 million USDT from OKX yesterday. In other words, those 12,000 ETH have been sold at a price of $3,847,” analyst EmberCN added.

Thus, the crypto whales’ divergent strategies—accumulation versus liquidation—illustrate varying risk appetites and outlooks in the market.

The crypto market capitalization has moved higher over the past day, with broad gains across major coins reflecting improving investor sentiment.

At the same time, the rebound has squeezed bearish positions, with over $468.5 million in short liquidations recorded during the 24-hour window.

Crypto Liquidation Wave Hits Short SellersAccording to BeInCrypto Markets data, total market capitalization has increased by 4.29%. The majority of the top 10 cryptocurrencies have posted gains over the past 24 hours. 

Dogecoin (DOGE) jumped 9.10%, marking the strongest performance among the 10 largest cryptocurrencies. Lido Staked Ether (STETH) followed, advancing 8.83%. Ethereum (ETH) ranked third among the top performers, jumping 8.75% and reclaiming the $2,000 level.

Bitcoin (BTC) also posted notable gains, climbing 4.76% over the past day. The flagship cryptocurrency briefly touched $70,027 on Binance yesterday before retracing slightly to trade at $68,647 at press time.

Crypto Market Recovery On February 26. Source: BeInCrypto MarketsBeInCrypto reported that the rally benefited some long traders who recorded profits amid ETH’s latest rise. However, traders betting on further downside saw losses.

According to Coinglass, 128,348 traders were liquidated over the past 24 hours, with total liquidations reaching $575.59 million. Short traders bore the brunt of the losses, accounting for $468.53 million in liquidations, compared to $107.06 million in long positions. 

Crypto Market Liquidations. Source: CoinglassBitcoin alone accounted for roughly 40% of total liquidations, with approximately $194.95 million in short positions liquidated. ETH recorded $203.8 million in total liquidations during the same period, with $175.16 million stemming from short positions.

The largest single liquidation order occurred on Hyperliquid for the BTC-USD pair, valued at $10.41 million.

Leveraged positions over the past 7 days have just turned positive.

With today’s short liquidations in BTC, what remains now are longs.

The market works like this — it moves toward where weak hands are most heavily exposed.
That’s easy money for exchanges and the liquidity… pic.twitter.com/UtZ7px3KVr

— Joao Wedson (@joao_wedson) February 25, 2026 Analysts Warn Crypto Relief Rally May Not Signal Full Trend ReversalThe recent rally has sparked optimism, but analysts warn it may not mark a full trend reversal. According to XWIN Research Japan, Open Interest has fallen sharply from prior highs, signaling a broad deleveraging phase.

“The recent drop in price was accompanied by falling OI, suggesting that liquidations and derivatives-driven unwinds — rather than aggressive spot selling — played a major role in the decline. This type of reset can stabilize the market, but it does not automatically signal renewed structural demand,” XWIN Research Japan wrote.

At the same time, Binance’s Fund Flow Ratio remains low at around 0.012. Since this metric tracks BTC inflows relative to total exchange holdings, a low reading suggests limited immediate sell pressure. 

The analysis added that during the drop toward the mid-$60,000 range, the ratio did not spike. This suggested there was no panic-driven spot selling. 

However, XWIN Research Japan noted that weak inflows do not imply strong accumulation. The medium-term trend of the Fund Flow Ratio’s moving averages is trending downward. It indicates that structural demand has not yet shifted upward.

“When leverage remains suppressed, upward price moves can easily trigger short squeezes. In that case, the rally is driven more by position unwinding than by expanding structural demand,” the post read.

Analyst Darkfost also stressed that an increase in spot trading volume will be necessary for any bullish recovery or solid market bottom to develop.

BlackRock’s BUIDL expands to Solana as tokenized money market fund nears $2B

Arbitrum’s RWA Market Explodes 1,000X in a Year, But Native Token ARB Still Slides

Reason to trust

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.

If you walk into a crowded place and shout Binance, there is probably someone who’s going to open their Binance app to check what’s going on. Centralized exchanges like Binance, Coinbase, and HBTC dominate the crypto space. Their reach in the market is an indication that we are already in the crypto future.

Statista reported earlier in the year that collectively, Binance, HBTC, and Hydax Exchange process $54 billion worth of transactions every 24 hours, almost a third of the global exchange volume.

As crypto adoption continues to rise, a corresponding surge in the decentralized Finance (DeFi) sector has driven interests in DEXes to new heights. But there will always be problems that come with disruption. In the case of DEXes, the widespread problem has always been that decentralization comes at the cost of usability.

The Problem With DEXes And The Rise Of Uniswap Decentralized Exchanges have quickly emerged as solutions to the problems plaguing centralized exchanges. For example, several centralized exchanges have been reported to have technical issues when the crypto market booms. The overreliance on cloud providers like AWS makes it difficult to prepare for these downtimes. Also, abuse of power is a regular occurrence.

The QuadrigaCX scandal is a good reminder of this: $190 million in customer cash stored by the Canadian exchange disappeared with the CEO when he died in 2019, as it was all held on a single hardware wallet with no one knowing the password but the deceased.

Decentralized cryptocurrency exchanges are designed to address issues that centralized exchanges have. They are peer-to-peer (p2p) markets directly built on the blockchain, allowing traders to keep and manage their funds independently. Instead of the exchange or any other middleman directing the flow of money, such as a bank or an internet payment gateway, this procedure is controlled by a series of smart contracts that keep track of transactions on the blockchain on which it is built.

But DEXes also pose a series of problems Many exchange operations on DEXes, such as deposits (also known as locking funds), placing orders, and finalizing trades, require Ethereum transactions on DEXes, resulting in an annoying situation where almost every action you take on a DEX pops up a Metamask window asking for approval, often also requiring pausing while in-between transactions.

In addition, Liquidity is frequently inadequate due to these exchanges’ poor user interface. Because order books are thin and spreads are big, prices are often lower than on a centralized exchange. Most DEXes today charge a premium for their privacy, security, and decentralization features.

Hence, Uniswap Uniswap, unlike other DEXes, does not employ order books and instead relies on an algorithmic pricing method to provide liquidity and minimal spreads. This price method is operationally simple, making Uniswap’s smart contract operations very straightforward. This has the added benefit of increased security, as well as lower gas costs.

Uniswap is an Automated Market Maker (AMM) that establishes token prices using a simple algorithm: x * y = k. The amount of ETH in the pool is represented by x, the number of tokens is represented by y, and k is constant in this equation. When ETH is used to purchase a token, x increases, y decreases, and the token price rises. Users do not input a price they want to purchase or sell at, unlike traditional exchanges. Uniswap works in a similar way to spot markets, where traders can only buy and sell at the current price in real-time.

Built on the Ethereum blockchain, each ERC-20 token traded on Uniswap has a pool of Ether and a pool of the token. The ratio of the size of the ETH pool to the size of the token pool determines the price of the token at any given time.

However, despite the radical departure from the status quo by Uniswap, there are other DEXes that offer alternative features that Uniswap doesn’t offer.

Dexes bringing something new to the table. While Uniswap is popular in the crypto world, there are other DEXes that serve as viable alternatives or offer entirely different features. Here are some of them:

1. Balancer: like Uniswap, Balancer is an AMM that allows users to swap ERC20 tokens. However, as the name suggests Balancer is a portfolio management tool balancing assets in a liquidity pool based on a given ratio.

Balancer has been a critical component of a number of highly successful DeFi initiatives, owing to its dependability, usability, and adaptability. Uniswap’s liquidity pools are always 50:50, whereas Balancer lets liquidity suppliers specify any ratio they choose (such as 98:2).

As a result, many liquidity mining sites choose Balancer over Uniswap since it lowers the danger of temporary loss. Balancer still maintains one of the greatest trade volumes of any decentralized exchange, despite its recent decline in popularity.

2. Solrise: Built on Solana, Solrise is non-custodial and decentralized fund management and investment protocol that helps democratize the investment space. On this DEX, anyone can open a fund or invest.

3. MakiSwap: This DEX runs on the popular AMM protocol as a yield farming platform built on the Huobi Eco Chain. It is the first DEX that will offer a variety of trading experiences including limit orders; charts; analytics; order books, etc. The DEX is a product of the Unilayer Eco-system which allows token holders to also reap rewards.

4. Tezos Liquidity Baking: It is the first protocol layer DEX, giving it an immediate advantage over application layer DEXs such as Uniswap by allowing rewards to be distributed in protocol token rather than application token.

5. Alkemi Network: Unlike the aforementioned, Alkemi Network is a unique DEX in that it does something no other DEX platform does: it fuses CeFi institutions with the DeFi space. It Offers state-of-the-art cryptography and liquidity for financial institutions and individuals to access DeFibanf earn on their Ethereum-based digital assets.

Alkemi Network: Merging CeFi to DeFi There seems to be a rift between Centralized Finance and Decentralized Finance in the crypto space. Thought mostly based on the features both spaces offers, the dichotomies overlaps. But with Alkemi Network, the differences are bridged and fused.

Alkemi is a sophisticated liquidity network created with institutional and retail investors in mind to enable them to access and earn on their Ethereum-based digital assets. It’s the first liquidity platform to allow KYC permissioned and permissionless liquidity pools governed by one network utility token. The network allows participants to remain complaint by making them undergo KYC verifications before being allowed to interact within the pool.

The major offering of this DEX is Alkemi Earn, a permission liquidity pool where trusted counterparties can borrow and lend in wBTC, USDC, DAI, and ETH. Users can then lend and borrow and are also rewarded through the liquidity mining program.

Why Alkemi Network Is Different? There are numerous projects in the DeFi space. But what makes Alkemi stand out is their Alkemi Earn. With earn, users will not only be able to invest, they will be able to lend and borrow while also earning rewards through the liquidity mining program.

Earn pools can also be implemented into centralized exchanges to give consumers who aren’t DeFi power users an embedded experience.

Another thing to consider is that Alkemi Network has an accessible User interface which makes it more accessible for liquidity mining programs. The open-access for all kinds of investors makes it a true DeFi experience.

The KYC used by Alkemi is also industry standard. There’s a rigorous screening of liquidity providers that helps to fortify the borrowing and lending protocol and code.

Bringing it together As the DeFi space continues to expand, new projects will keep popping. The institution-grade liquidity network will help bridge CeFi and DeFi to allow seamless transactions including borrowing, lending, and investing.

PANews reported on May 11th that, according to SoSoValue data, the cryptocurrency market is generally trending upward, with the PayFi sector performing particularly well, rising 3.26% in the last 24 hours. Specifically, XRP rose 3.29%, Trust Wallet (TWT) rose 6.55%, and eCash (XEC) rose 12.85%. Meanwhile, Bitcoin (BTC) rose 1.17%, returning above $81,000; Ethereum (ETH) rose 1.75%, approaching $2,400.

In other sectors, Layer 2 rose 2.76% in the last 24 hours, with Mantle (MNT) up 4.12%; DeFi rose 2.56%, with Uniswap (UNI) up 7.72%; Meme rose 2.25%, with TROLL (TROLL) surging 50.14%; Layer 1 rose 2.08%, with Sui (SUI) up 24.00%; AI rose 1.85%, with Unibase (UB) up 13.24%; and CeFi rose 1.57%, with Cronos (CRO) up 6.53%.

MegaETH has activated a MEGA token buyback program funded entirely by net revenue from its USDm stablecoin, turning Treasury‑backed yield into a standing bid for its “real‑time Ethereum” L2 token after a sharp post‑launch selloff.

Summary

The MegaETH Foundation has kicked off a MEGA token buyback program, completing its first purchase using all net earnings generated by USDm through the end of April. USDm’s current supply is about $480 million, and future MEGA buybacks will run programmatically, with size determined by USDm supply and yield on its reserve assets. The foundation stresses that USDm is not issued or operated by MegaETH or MegaLabs, even as its revenue stream becomes a core economic engine for MEGA demand. The MegaETH Foundation says its MEGA token buyback plan is now live, with the first repurchase funded entirely by net earnings from USDm accumulated through the end of April. In an announcement on X, the foundation said it had “completed the first MEGA buyback using all net income generated by USDm’s issuer as of April 30,” framing the move as the start of an ongoing demand loop where the ecosystem’s stablecoin revenue is recycled into the native token.

MEGA buyback goes live, tied directly to USDm revenues Importantly, the foundation reiterated that “USDm is not issued or operated by the MegaETH Foundation or MegaLabs,” clarifying that the stablecoin’s issuer is a separate entity even though its economics are tightly coupled to MEGA. USDm is a yield-bearing stablecoin built on Ethena’s USDtb rails, with reserves primarily invested in BlackRock’s tokenized U.S. Treasury fund BUIDL via Securitize, alongside liquid stables for redemptions. Those reserves generate a predictable yield, which flows to the USDm issuer and, under the new scheme, is then used as the funding source for MEGA buybacks.

CoinMarketCap’s overview of MegaETH notes that the MEGA token has a fixed supply of 10 billion and is used for gas, staking and governance within the “real-time Ethereum” L2, which targets sub-millisecond latency and over 100,000 transactions per second. By tying MEGA buybacks to USDm’s revenues, the foundation is effectively turning stablecoin growth and on-chain economic activity into a direct support mechanism for MEGA’s price and scarcity.

Programmatic buybacks, variable size, and market impact According to the foundation, future MEGA buybacks will be executed “as programmatically as possible,” running automatically according to preset rules instead of being manually timed by the team. The size of each operation “will not be fixed,” it said, but will depend on “changes in USDm supply and the yield of the underlying reserve assets,” meaning that as USDm circulates more widely and its Treasury-backed yield rises or falls, the buyback firepower will adjust in tandem.

Earlier this year, the MegaETH Foundation outlined a broader economic model in which USDm functions as an “economic engine” for the L2: yield from its reserves is used to subsidize sequencer costs and network fees and, now, to fund ongoing MEGA purchases from the market. MEXC’s summary of the plan notes that USDM (often stylized as USDm) “is backed by Ethena and BlackRock’s BUIDL fund,” and that the project will “trigger MEGA token generation based on KPIs” such as reaching $500 million in USDm circulation, launching 10 apps on MegaETH, or having at least three apps generate $50,000 in fees for 30 consecutive days. DefiLlama data show USDm’s broader MegaETH stablecoin stack now has a market cap of about $810.6 million, with USDm itself accounting for roughly 58% dominance, implying a USDm supply in the neighborhood of $470–$480 million.

The timing of the first buyback is notable. AInvest reported that MEGA fell about 38% from its April 30 launch price to $0.138 amid heavy post‑TGE selling pressure from early participants. CoinMarketCap’s explainer on MegaETH says the ecosystem was designed from the outset to “use its native stablecoin’s reserve yield to fund MEGA buybacks,” positioning this week’s announcement as the moment when that theoretical flywheel actually starts to spin. If USDm continues to grow and on-chain yields remain robust, the programmatic buyback mechanism could become a persistent marginal buyer of MEGA in secondary markets, linking the token’s long-term value more tightly to real usage and stablecoin demand rather than one-off hype cycles.

Ethereum co-founder Vitalik Buterin has announced a unique experiment that is supposed to test the limits of artificial intelligence and privacy. 

Buterin has dared the internet to unmask an anonymous document he authored with the help of any AI tool at their disposal. 

Buterin's secret document Buterin aims to test the recent claims that AI-driven writing-style analysis could make online anonymity pretty much impossible, which has become the most recent scare linked to the newfangled technology. 

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Buterin revealed that he authored an anonymous document related to Ethereum that was published sometime between 2020 and 2026.

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The text is of "moderate importance." He has estimated that it ranks among 200 to 2,000 Ethereum-related publications of similar or greater importance. 

Buterin stated he was willing to "cannibalize" a piece of his own anonymity to pull off the rather ambitious experiment. 

At press time, no one has publicly confirmed a successful identification of the document.

Could AI end anonymity? Stylometry, the statistical analysis of a person's linguistic style, has been used for decades for resolving authorship disputes or other purposes. It would typically require very vigorous manual analysis, which was extremely labor-intensive. 

However, with the advent of highly advanced generative AI, stylometry has become way more efficient. These models are capable of deciphering an author's unique writing style in mere seconds.

Buterin, a prolific writer, has an extensive corpus of publicly available writing (blog posts, Ethereum Improvement Proposals, research papers, forum comments, social media posts, and so on). 

If AI does manage to successfully identify Buterin's anonymous work, it could raise massive alarms regarding privacy. Conversely, if AI fails to find the document, it will show that pseudonymous contributions may still be secure despite the massive progress of AI. 

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

15 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

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Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

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2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

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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.

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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.

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PANews reported on June 10th that, according to The Block, Consensys CEO Joseph Lubin stated that Ethereum is expected to evolve into a protocol entirely based on zero-knowledge proofs (ZK proofs) within the next 3 to 5 years. This will enhance Layer 1 performance through solutions like "Lean Ethereum" and improve composability with various Layer 2 protocols. Lubin stated that current L2 protocols such as Linea and Gnosis have implemented real-time ZK proofs for cross-network synchronous transactions, and in the future, they may enable a single atomic execution environment without bridges, thereby unifying fragmented liquidity. He emphasized that the initial intention of the Rollup approach was to allow L2 to sacrifice some pricing power in exchange for technological exploration, and it is currently moving from a "divergent phase" to a "convergent phase" focused on composability. He also denied the emergence of a "second foundation," stating that the Ethereum Foundation will have at least three teams spun off to focus on protocol, usability, and institutional expansion.

Render Hits 4-Month High as New Wallets Pile Into the Network

Livepeer has surged by over 14% and is now trading at $8. LPT’s daily trading volume has skyrocketed by more than 498%. Bearish momentum continues to weigh on crypto assets with the largest assets, Bitcoin (BTC) and Ethereum (ETH), tumbling toward $104.7K and $2.6K, respectively. All the major assets are trading within the red territory. In the meantime, Livepeer (LPT) has stood out from the crowd with a 14.25% surge in the last 24 hours. 

Livepeer has kicked off the day trading at the bottom range at $7.57. The sudden bullish encounter in the market has triggered the price to ascend to its daily high of $10.71. Crucial resistance between the $8.75 and $9.50 zones was tested and confirmed the bullish wave. 

Livepeer, with its market cap at $366.26 million, is trading at the level of $8.88. Moreover, the daily trading volume has exploded upward by over 498%, reaching $1.06 billion, as per CMC data.  Notably, the market has experienced a $4.08 million liquidation of Livepeer, according to Coinglass. 

LPT has registered an increase of over 58.80% in the last seven days. The asset began the week trading in the $5.60 range. The bullish pressure has pushed the price to mount to a high of around the $13 mark. 

Is Livepeer’s Uptrend Here to Stay? Livepeer has reported a positive trading sentiment in the market with its solid gain in the recent session.  The asset might climb above the $9 range to strengthen the momentum. Gradually, a golden cross could likely unfold and trigger the asset to move up toward the $10 threshold.

Assuming the ongoing trend reversal of the asset, the price could slip to its recent low at around the $8.70 mark. Should Livepeer lose this support, the bears gain enough power to invite the death cross to take place, pulling the price back to its established low at the $8 level. 

In addition, the asset’s Moving Average Convergence Divergence (MACD) line is positioned above the signal line. This suggests a bullish signal in the market, and the buying pressure may increase. More upside could be underway. Livepeer’s Chaikin Money Flow (CMF) indicator is resting at -0.06, indicating a slight bearish sentiment, with the money flowing out of the asset. There has been more selling pressure than buying. 

Furthermore, the daily Relative Strength Index (RSI) value of 52.12 hints at a neutral momentum with a slight bullish bias; the asset is neither overbought nor oversold. Livepeer’s Bull Bear Power (BBP) reading is found at 0.219, signalling that the bulls are moderately dominant over bears, supporting the short-term bullish outlook.

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Livepeer jumps over 36%, holding around the $8 mark. LPT’s daily trading volume has skyrocketed by 942%. The crypto assets are displaying mixed waves, with neutral sentiment across the market. Most of the assets are dipped in green, and a few struggle in red. Notably, Bitcoin (BTC) and Ethereum (ETH) are hovering at $110.6K and $4.5K. Following suit, Livepeer (LPT) has jumped by over 36.15% in the last 24 hours. 

LPT kicked off the day trading on the downside, at a low of $5.96. A sudden and steady shift in momentum pushed the bulls, and the price moved to a high range at around the $8.67 range, breaking the resistance between $5.96 and $8.67 zones. 

As per CoinMarketCap data, at the time of writing, Livepeer traded at the $8.13 mark, with its market cap reaching $354.78 million. In addition, the daily trading volume of LPT has exploded by over 942%, likely touching $367.2 million.

What is the Next Price Move for Livepeer? If the Livepeer bulls enter, the price could climb and test the immediate resistance at $8.19. With the sustained upside correction, the asset might trigger the emergence of the golden cross and initiate a rally. The price is heading toward the $8.25 threshold. 

Assuming the fading of the bullish sentiment and the bears gain momentum, the price might plummet to find its nearby support at the $8.07 zone. Upon a failure in holding this price level, a death cross of Livepeer could form, sending the price below $8.01.

Livepeer’s Moving Average Convergence Divergence (MACD) line is above the zero line, but the signal line is below zero, likely showing mixed momentum. This hints at the trend trying to shift upward, but it has not been fully confirmed yet. 

Besides, the Chaikin Money Flow (CMF) indicator, which evaluates the capital flow into the asset, is currently found at 0.10, pointing to mild buying pressure in the market. Also, the money is flowing into the asset, but not very strongly. 

Moreover, the asset’s daily Relative Strength Index (RSI) at 80.15 signals a strong overbought condition in the market. There is also a high risk of a pullback or correction. Livepeer’s Bull Bear Power (BBP) value of 2.605 implies that the bulls are currently dominant. The higher the value, the stronger the buying momentum compared to selling.

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Livepeer has jumped by over 20%, trading at $3.45. LPT’s daily trading volume has exploded by 1,378%. The current market momentum is bearish, with the major assets struggling to break free from the red zone. All the recent gains are fading, and the largest assets, like Bitcoin (BTC) and Ethereum (ETH), are attempting to escape the bear market. Among the altcoin pack, Livepeer (LPT) has registered a 20.64% jump in value over the last 24 hours. 

In the early hours, the asset traded at a bottom of $2.80. A sudden bullish encounter has triggered the LPT price to mount toward a high range of $3.57. It has tested and broken the crucial resistance zones to confirm the building uptrend. Livepeer is currently trading at around $3.45, with its daily trading volume having exploded by 1378% to $144.97 million. 

Livepeer’s four-hour trading chart exhibits the growing bullish zone. If the bulls gained more power, they could climb to the $3.66 resistance. Further upside likely initiates the golden cross formation and sends the asset’s price toward the $3.87 zone or even higher. 

Conversely, upon the asset’s bullish tone fades, the Livepeer price could slip to its immediate support at the $3.24 mark. Assuming it fails to hold this level, the bearish correction strengthens and triggers the emergence of the death cross, pushing the price below $3.03.

Livepeer Gains Bullish Traction as Indicators Show Uptrend Potential Zooming in on the technical chart of Livepeer, the Moving Average Convergence Divergence (MACD) line is above the zero line while the signal line remains below zero. This points to a transition phase in momentum, and the bullish momentum is starting to build, but it has not been fully confirmed yet.

Besides, the Chaikin Money Flow (CMF) is a technical indicator that evaluates the capital flow into the asset. The value sits at 0.14, showing moderate buying pressure, and the capital is flowing into the asset. The momentum of LPT is not very strong, but more upside would strengthen the bullish trend.

Livepeer’s daily Relative Strength Index (RSI) of 62.10 indicates moderate bullish sentiment. It is leaning toward the overbought zone, and the buyers are in control. Notably, a pullback could occur if the value continues to climb toward 70. In addition, LPT’s Bull Bear Power (BBP) reading resting at 0.355 suggests bullish dominance. Significantly, the upward pressure is outweighing the selling pressure, but it is still moderate.

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Gold (XAU) and silver (XAG) futures have climbed into the top five by trading volume on Binance Futures.

Binance Metal Rush Doesn’t Leave Crypto Behind Just weeks after Binance rolled out gold and silver perpetual futures settled in USDT, the cumulative volume across the metals contracts already reached the tens of billions of dollars, a CryptoQuant report from yesterday claims.

However, CryptoQuant’s analyst Marteen assures that Binance is still overwhelmingly crypto‑native. Bitcoin leads the futures volume around the low‑$20‑billion range with Ethereum following behind at $18.1B and Solana at a distant third at $3.0B. But the metals’ rise into the top bucket shows non‑crypto assets are no longer a sideshow. Gold is already in 4th place at $2.15B, and silver is right behind it at $1.98B.

Marteen’s conclusion is simple. Binance still leans heavily toward crypto, but it has outgrown being a pure crypto venue. Commodities have soaked up liquidity at speed, and equity‑linked products are now starting to see meaningful flow as well.

[Binance] – Snapshot Futures Volume – April 1st, 2026. Source: CryptoQuant. Binance Joins The Oil Rush Too According to WuBlockchain, Binance’s new “TradFi” futures suite (gold, silver and stock‑linked products) has rapidly captured a meaningful share of overall derivatives activity on the platform.

On April 2, the first full trading day after launch on Binance, USDⓈ-margined perpetual contracts for crude oil assets CL and BZ recorded trading volumes of $760 million and $358 million respectively, ranking third and fourth among Binance TradFi perpetual products. Meanwhile,… pic.twitter.com/PoROHzQsur

— Wu Blockchain (@WuBlockchain) April 3, 2026

Crude oil benchmarks CL and BZ posted volumes of $760 million and $358 million dollars respectively, placing them third and fourth among Binance’s traditional‑finance perpetual products.

Daily Volume by Symbol. Binance TradFi-USDT Perp. Source: WuBlockchain. Trading activity, however, remains dominated by gold (XAU) and silver (XAG), which together generated $5.58 billion in daily volume, makin up more than 70% of the total.

Are Crypto Venues Morphing Into Multi‑Asset Trading Hubs? Let’s keep in mind that Binance is not the only crypto venue experiencing such a dramatic shift. In recent weeks, Hyperliquid has been under the spotlight for many reasons, but one of the main ones is that the leading perp DEX’s combined HIP-3 (oil, gold and silver) open interest reached all-time highs. The platform is now trading more volume in tokenized commodities than digital assets. Just yesterday, NewsBTC reported that tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset on the decentralized exchange.

Gold Perpetual Contracts on Binance right now, showing the performance. They are trading for almost $4.7k Source: XAUUSDT.P on Tradingview. Gold and silver have been ripping on the back of inflation worries, rate‑cut bets and geopolitical stress. Binance is joining the 24/7 RWA’s trading hub bandwagon by effectively letting traders express those macro views with high leverage and stablecoin collateral, instead of using legacy commodity exchanges.

Gold and silver breaking into the top five on Binance Futures is a signal that the line between crypto and TradFi markets is dissolving, with liquidity, speculation and hedging all moving onto the same rails.

A portion of derivatives capital rotating into metals and stock‑linked contracts can thin order books and amplify volatility in smaller altcoins during risk‑off episodes.

Silver Perpetual Contracts on Binance right now, showing the performance and technicals. They are trading for almost $73. Source: XAGUSDT.P on Tradingview. Sophisticated players might use metals futures on Binance as a hedge against crypto drawdowns. Correlation regimes between BTC and gold (as the one between oil and Bitcoin explained by NewsBTC yesterday) could shift as both trade on the same venue. Ignoring this new macro layer on Binance’s futures board could mean missing an important signal about where “smart” derivatives flow is going.

At the moment of writing, BTC trades for almost $67k on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. All charts from Tradingview.

BitDAO, a decentralized autonomous organization with a treasury worth over $1.7 billion, has launched an Ethereum Layer 2 network called Mantle, the DAO announced on Wednesday.

Mantle is a modular Ethereum Layer 2 chain. Modular networks are a new way of designing blockchains and are different from the older monolithic chains, where all network functions happen on the base layer. On modular blockchains, there are separate layers for network consensus, transaction execution and settlement, as well as data availability. This type of design is said to create networks that are more efficient and have greater scalability.

BitDAO’s Layer 2 network stack has three distinct layers, according to the announcement. One layer is for transaction execution while the other two handle transaction finality and data availability, respectively.

Mantle is BitDAO’s attempt to solve some of the challenges facing Layer 2 networks, a spokesperson for the DAO told The Block. “BitDAO aims to bring the spotlight back from Alt-L1s to Ethereum and give market participants the best web3, DeFi and GameFi have to offer,” said the spokesperson.

Mantle will reportedly offer superior features compared to other Layer 2 networks. BitDAO’s Layer 2 network will come with faster throughput and low fees, and be powered by a decentralized data availability layer, the announcement stated. Transaction fees on Mantle will be paid using BitDAO’s governance token, BIT.

EigenLayer, an Ethereum middleware platform, is one of the partners in the project. As such, early adopters can use EigenDA, a custom-built data availability layer designed by EigenLayer that supports Optimistic and ZK-Rollups — the two major types of roll-up technology.

Wednesday’s announcement marks the soft launch of the Layer 2 network. Mantle is expected to roll out an incentivized public testnet next year.

A BitDAO spokesperson confirmed that DAO partners can deploy protocols on Mantle when launched. Unlike most DAOs built around specific DeFi projects, BitDAO is more of an investment DAO. BitDAO’s mandate is to grow the web3 ecosystem by providing grants to projects and supporting web3-based research activities. BitDAO has the second-largest DAO treasury in the crypto space.

“Mantle will serve as the connective tissue for various BitDAO initiatives, such as projects from Game7, research from EduDAO, to the ecosystem of dApps being enabled by BitDAO," said jacobc.eth, product head at BitDAO’s Windranger Labs, adding: "Mantle is BitDAO’s demonstration to scale Ethereum and web3, enabling a whole new generation of use cases and innovations.”

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitDAO launches testnet for Ethereum Layer 2 network Mantle