Fantom price is poised for a 15% rally after breaking above a falling wedge pattern
Fantom (FTM) price encounters the upper trendline of a falling wedge pattern in the European trading session and trades lower below $0.380 on Friday. On-chain data shows that FTM's Total Value Locked (TVL) and Open Interest are rising, suggesting growing activity and interest within the FTM ecosystem, which indicates a bullish move on the horizon.
Bitcoin Weekly Forecast: Signs of weakness persist
Bitcoin (BTC) trades above $58,000 on Friday after after testing and failing to overcome the resistance level around $62,000 earlier in the week. The risk-on mood returned to markets this week, Marathon Digital added 4,141 BTC worth $249 million to its holdings and the US SEC approved a MicroStrategy leveraged ETF, potentially giving investors more exposure to Bitcoin.
Top 5 cryptos by positive sentiment: Chiliz, Ethereum, BNB, NOT and TON
Chiliz (CHZ), Ethereum (ETH), Binance Coin (BNB), Notcoin (NOT), and Toncoin (TON) are the five cryptocurrencies with the most positive sentiment among crypto traders, according to data from Oriole Insights. Recent developments in some of these top five picks have likely fueled this positive sentiment, although some other tokens such as Ether make it to the top even though US-listed Exchange Traded Funds tracking the value of ETH are registering outflows.
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Ethereum is down 0.7% on Thursday following three consecutive days of net inflows across ETH ETFs. Meanwhile, ETH's annual inflation rate has continued trending upward.
Uniswap unveils $2.5 million security pool for v4 upgrade amid most UNI coins held at loss
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Uniswap has launched a $2.35 million prize pool for researchers to audit its upcoming v4 codebase. Uniswap v4 will introduce several new features, including on-chain limit orders and flash accounting.
FLOKI down following partnership with Premier League club Nottingham Forest
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Floki Inu (FLOKI) is down 1.5% on Thursday after revealing its partnership with Premier League football club Nottingham Forest for the 2024/2025 football season.
Justin Sun stakes Ether with Lido, says TRON Protocol offers six times higher yield at nearly 25%
![Justin Sun stakes Ether with Lido, says TRON Protocol offers six times higher yield at nearly 25%](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Tokens/TRON/tron_XtraSmall.jpg)
Justin Sun, founder of TRON and crypto expert compared the staking yield on Ethereum and TRON in a recent tweet. Sun stakes his Ethereum with Lido Protocol and earns a 4% yield on his holdings.
Bitcoin: Signs of weakness persist
![Bitcoin: Signs of weakness persist](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Coins/Bitcoin/bitcoin_XtraSmall.jpg)
Bitcoin (BTC) trades above $58,000 on Friday after after testing and failing to overcome the resistance level around $62,000 earlier in the week. The risk-on mood returned to markets this week, Marathon Digital added 4,141 BTC worth $249 million to its holdings and the US SEC approved a MicroStrategy leveraged ETF, potentially giving investors more exposure to Bitcoin.