Assessing ZENs bullish market structure - How long will momentum hold now?

Tech  Assessing ZENs bullish market structure – How long will momentum hold now?  Horizen (ZEN) has started the week with a sharp bullish move, climbing by 12% over the last 24 hours as buyers regained clear control of the short-term price action.  The rally followed a fresh bullish structure shift on the daily chart. Such a shift often marks the first meaningful sign that momentum may be beginning to rotate back in favour of buyers.  This shift matters more than the daily gains themselves as the price had been compressing before the breakout. However, the latest move pushed ZEN beyond that short-term structure and confirmed a change in market direction – Evidence of momentum expansion.  Open Interest surge – A sign of stronger conviction?  One of the clearest signs supporting the rally has been the sharp rise in Open Interest. Over the last 24 hours, ZENs Open Interest climbed by 24% to $19.2 million, tracking closely with the price hike.  In the past, similar alignments have hinted at fresh capital entering the market rather than a move driven by short covering alone. In simple terms, traders are not just reacting to the breakout. Instead, they may be adding exposure to it.  This behaviour lends the current rally more

05-05

Symbiosis Integrates KyberSwap Aggregation to Revolutionize Cross-Chain Liquidity and Pricing

Symbiosis Finance has announced a major strategic integration with KyberSwap which will improve the performance of all cross-chain (DeFi) transactions. The partnership is a key milestone in Symbiosis‘ efforts to enhance the performance of on-chain swaps and routing in the ecosystem and will utilize KyberSwap’s cutting-edge aggregation protocol to offer globally competitive pricing and significantly enhanced liquidity.  Empowering DeFi with KyberSwaps Aggregation  The aggregation engine that is being used within KyberSwap is where this integration truly begins. KyberSwap allows Symbiosis to utilize more than 420 different liquidity providers on over 17 different blockchains to provide its users with on-chain swap capabilities through internal routing. This extensive liquidity pool provides Symbiosis users with very low slippage on trade executions, including high volume and long-tail assets that typically experience fragmented markets.  KyberSwap‘s smart routing algorithm will scan different decentralized exchanges (DEX) in real time to find out the best ways to execute trades. For Symbiosis’ users, this means that they can trade and re-route transactions across multiple pools in order to get the best rates without losing speed or security of the protocol.  Enhancing the One-Click Cross-Chain Experience  Symbiosis has developed a “single tap” UX that lets the users transfer assets cross-chain with minimal effort and ease

05-05

Equities: Tech rotation holds despite risk-off tone – Danske Bank

Tech  Equities: Tech rotation holds despite risk-off tone – Danske Bank  Danske Research Team notes that global equities fell, with the S&P 500 down 0.4% and Stoxx 600 off 1% on Iran-related headlines. The session was characterized as de-risking, with most sectors lower except tech and energy. Defensive sectors outperformed, and software stocks gained 2%, leading the team to argue that the latest tech stock rotation remains strong and is likely to continue.  Risk-off session still favors technology  “Equities were lower yesterday. S&P 500 -0.4% and Stoxx 600 -1% in a volatile session, characterized by Iran headlines. This was a de-risking session in equities, with almost all sectors lower but tech and energy.”  “Defensive stocks outperformed, including health care and tech while industrials, materials and consumer discretionary sold off ~-1%. It is interesting to see tech outperforming even in a defensive session like yesterday, especially as yield were materially higher.”  “This mix would easily have made the tech the worst performing sector three months ago. Instead, software stocks even bounced 2% yesterday, outperforming the market by a meaningful 3pp.”  “This says something about the strength of the latest tech stock rotation. As our readers will know, we see it continuing. ”

05-05

Euro extends losses on concerns of an open US-Iran war

EUR/USD is showing a growing bearish momentum, with price action nearing the support area between 1.1645 and 1.1675, which has held downside attempts several times in April.  Momentum indicators are deepening within bearish territory. The 4-hour Relative Strength Index (RSI) dives to around 40, while the Moving Average Convergence Divergence (MACD) drifts into negative territory with a mildly bearish tone, suggesting that upside attempts may continue to struggle.  The mentioned support area above 1.1645, however, is likely to pose a significant challenge for bears. A clear break below that area would confirm a bearish Head & Shoulders pattern, with a measured target just below April lows in the 1.1500 area.  On the upside, Fridays low, at 1.1715, might act as resistance ahead of the April 20 and May 1 highs in the area between 1.1785 and 1.1795, and the April 17 high, near 1.1850.

05-05

USD/JPY: Upside capped after intervention – TD Securities

Finance  USD/JPY: Upside capped after intervention – TD Securities  TD Securities strategists see USD/JPY consolidating around 157.00 in Q2 2026 after the recent Japanese Ministry of Finance (MoF) intervention triggered a 3% drop. They argue that markets now treat 160.00 as a line in the sand, capping upside and deterring fresh longs, while the pair is expected to retrace pre‑intervention levels more slowly than in past episodes.  Consolidation with 160.00 acting as cap  “USD/JPY dropped 3% last Thursday on MoF intervention.”  “With markets now treating 160.00 as an implicit line in the sand, the upside in USD/JPY looks increasingly capped, which should deter speculators from re-engaging in long USDJPY.”  “We also expect it to take longer to retrace back to pre-intervention levels than in prior episodes: historically, the MoF has leaned against speculative, volatile moves rather than defending a precise spot level.”  “After last weeks JPY intervention, path of least resistance for USD/JPY is likely a consolidation around our Q2 forecast of 157.00.”

05-05

Moscow Exchange bets bigger on crypto with SOL, XRP, TRX and BNB indexes

Moscow Exchange plans to publish four more crypto indexes from May 13, widening its benchmark list beyond Bitcoin and Ethereum.MOEX will add SOL, XRP, TRX and BNB indexes from May 13 for professional investors.Binance will supply 50% of pricing data, while Bybit, OKX and Bitget provide the rest.Existing Bitcoin and Ethereum indexes will update every 15 seconds during trading and weekend sessions.  The new indexes will track Solana, XRP, Tron and BNB under the tickers MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB.  The exchange plans to calculate prices with data from Binance, Bybit, OKX and Bitget. Binance will carry a 50% weight. Bybit will provide 20%, while OKX and Bitget will each provide 15%.  Crypto benchmarks move closer to live pricing  From May 13, Moscow Exchange also plans to update all digital currency indexes more often. Existing benchmarks, including MOEXBTC and MOEXETH, are expected to update every 15 seconds during trading hours and extra weekend sessions.  The shift may make the benchmarks more useful for products tied to digital asset prices. However, the exchange has not presented the new altcoin indexes as tradable products yet. It said they “could become” underlying assets for future instruments, leaving timing and terms open.  Meanwhile, the planned indexes fit Russia‘s controlled route

05-05

US 30-Year Yield Hits Highest Yield in Two Decades as Iran War Reignites Inflation Fears

The US 30-year Treasury yield has surged past 5%, nearing its highest level in roughly two decades as the Iran war raises inflation fears.  The 30-year yield is now 8 bps away from a new 18-year high. pic.twitter.com/UQgGB4AGiL  — Jim Bianco (@biancoresearch) May 4, 2026  Notably, yields rose across the curve. Yesterday, the 2-year and 10-year notes each climbed more than 6 basis points. The 30-year added 5 basis points, while the 10-year hit a 9-month high.  Bond Rout Deepens as 30-Year Yield Pierces Key 5% Level  According to the Global Markets Investor, the 5% mark on the 30-year has acted as a ceiling for two years. It was tested in late 2023 and early 2025, but failed to sustain above this level both times.  The post added that the S&P 500 pulled back whenever yields approached or exceeded 5%. A sustained break above 5% would push yields into territory unseen in nearly two decades. The 2023 peak near 5.17% sits as the next major test.  “At 5%, government bonds become attractive enough to pull capital away from equities, while simultaneously raising borrowing costs for mortgages, corporate loans, and US government debt,” Global Markets Investor added.  The Iran conflict has accelerated the move. Higher oil prices threaten to

05-05

Tom Lee says crypto market recovery has begun

Bitmine chairman Tom Lee has said the crypto market may be entering an early recovery phase even as investor sentiment remains cautious.Tom Lee has said crypto may be entering an early recovery phase even as sentiment remains cautious.Bitmine has purchased over 101,745 ETH worth $242 million, taking its total holdings past 5.1 million ETH.More than 4 million ETH has been staked by the firm, accounting for about 10.5% of total staked supply.  According to Bitmine Immersion Technologies chairman Tom Lee, recent market trends resemble past cycle transitions where prices begin to recover while investor sentiment remains subdued.  In a note on Monday, Lee said “crypto spring…has commenced,” adding that sentiment has stayed cautious even as prices strengthen.  Lee tied that outlook to policy developments in the U.S., stating that the outcome of the CLARITY Act, whether it is passed or rejected, would confirm the return of favourable conditions for digital assets. His note came after more than six months of weak pricing following the October 2025 market downturn, a period that analysts have tracked closely for signs of reversal.  According to the company‘s latest disclosure, Bitmine purchased over 101,745 Ether worth about $242 million in the past week, pushing total holdings beyond 5.1 million

05-05

SHIB Price Prediction: Shibarium Growth Could Drive 45% Rally to $0.0000088

Shibariums Gaming Push Changes Everything  SHIB sits at a crossroads where meme coin status meets actual utility. The Shibarium layer-2 network has quietly built momentum in gaming and micro-transactions, creating real demand beyond speculative trading. This shift matters because 2026s crypto landscape rewards projects with genuine use cases rather than Twitter engagement metrics.  The gaming sector adoption represents SHIBs clearest path to sustained growth. While other meme coins chase viral moments, Shibarium processes real transactions for digital economies. Analysts at Blockchain.news note this fundamental positioning could separate SHIB from purely speculative tokens as institutional money becomes more selective.  Technical Setup Points Higher  SHIBs current technical picture shows consolidation ending with upward bias. The neutral RSI around 56 suggests neither overbought nor oversold conditions, while recent price action has formed a base above key support levels. Volume remains steady, indicating sustained interest without panic buying or selling.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full SHIB price, calculator & analysis  The momentum indicators tell a story of accumulation rather than distribution. Smart money typically builds positions during these quiet periods before major moves. SHIBs position within recent trading ranges leaves room for upward expansion without immediately hitting

05-05

Equities: Tech rotation holds despite risk-off tone – Danske Bank

Tech  Equities: Tech rotation holds despite risk-off tone – Danske Bank  Danske Research Team notes that global equities fell, with the S&P 500 down 0.4% and Stoxx 600 off 1% on Iran-related headlines. The session was characterized as de-risking, with most sectors lower except tech and energy. Defensive sectors outperformed, and software stocks gained 2%, leading the team to argue that the latest tech stock rotation remains strong and is likely to continue.  Risk-off session still favors technology  “Equities were lower yesterday. S&P 500 -0.4% and Stoxx 600 -1% in a volatile session, characterized by Iran headlines. This was a de-risking session in equities, with almost all sectors lower but tech and energy.”  “Defensive stocks outperformed, including health care and tech while industrials, materials and consumer discretionary sold off ~-1%. It is interesting to see tech outperforming even in a defensive session like yesterday, especially as yield were materially higher.”  “This mix would easily have made the tech the worst performing sector three months ago. Instead, software stocks even bounced 2% yesterday, outperforming the market by a meaningful 3pp.”  “This says something about the strength of the latest tech stock rotation. As our readers will know, we see it continuing. ”

05-05
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