分类： Ripple

• They impersonate police officers and reference official government websites.
• Victims are falsely told they are involved in crypto-related investigations.
• The AFP warns that real officers will never ask for access to wallets or accounts.

Australia is facing a sophisticated wave of cryptocurrency scams involving fake law enforcement operations.

The Australian Federal Police (AFP) confirmed that scammers are impersonating officers and referencing fake cybercrime reports to trick individuals into transferring digital funds.

The fraud is marked by its strategic abuse of a legitimate online government portal, ReportCyber, which is supposed to help citizens report cybercrime.

The scammers exploit this official system to lodge false reports about targeted individuals.

Once the fabricated report is in place, they contact the victims directly, posing as police and referencing the bogus case to gain credibility.

They often guide victims to real government websites to review the reports, which makes the entire setup appear authentic.

Exploiting official systems for crypto fraud

This method takes advantage of the public’s trust in state infrastructure. Scammers are no longer relying solely on unsolicited messages or fraudulent links.

They are using actual government services to build elaborate layers of deception.

The goal is to make their claims seem verifiable, luring unsuspecting users into a false sense of security before attempting to extract their digital assets.

In a recent incident reported by the AFP, a scammer lodged a fake complaint on ReportCyber against a target. Shortly afterwards, the victim was contacted by someone claiming to be a police officer.

The caller explained that the victim was connected to a criminal case involving cryptocurrency. The victim was told to expect a second call from a representative of a crypto company who would confirm the story.

The second individual, also a fraudster, attempted to persuade the target to move their assets from one crypto wallet to another. The wallet address provided belonged to the scammers.

Fortunately, the target detected inconsistencies in the communication and terminated the call before completing the transfer.

Police procedures mimicked to perfection

AFP officials revealed that the tactics used in these scams closely mirror genuine law enforcement procedures.

Criminals involved in these scams fabricate stories about arrests, link victims to ongoing investigations, and imitate the language and steps used in real investigations.

This level of detail makes it difficult for victims to differentiate between legitimate contact and a scam.

The scams are structured in a way that allows attackers to escalate their approach using multiple actors.

First, a police impersonator initiates the contact.

Then a second person claims to represent a cryptocurrency firm. Both characters support the same fabricated narrative and provide false verification documents to solidify their credibility.

The AFP urged Australians to exercise caution. If anyone is contacted about a ReportCyber submission they did not make or authorise, they should disconnect the call and notify authorities directly.

Real officers will never ask for access to your crypto wallet, bank accounts, or sensitive financial information such as seed phrases.

• Telcoin has gained Nebraska approval for the first US digital asset bank.
• Telcoin’s TEL token surged over 95% following the approval.
• The bank aims to bridge traditional finance with blockchain and DeFi access.

Telcoin (TEL) price has skyrocketed following a landmark regulatory breakthrough that positions the project at the forefront of the emerging US digital asset banking sector.

The cryptocurrency, which had already been gaining attention for its remittance-focused infrastructure, experienced a surge of more than 95% after Nebraska regulators granted the company final approval to operate as the first Digital Asset Depository Institution in the United States.

A pivotal milestone for blockchain integration into the financial system.

Granted final approval in Nebraska, this novel charter enables Telcoin Digital Asset Bank to connect US bank accounts to regulated Digital Cash stablecoins. pic.twitter.com/vitujDhCUV

— Telcoin (@telcoin) November 12, 2025

The approval has created a wave of optimism among investors, signalling a new era where compliant blockchain banking and traditional finance converge.

Telcoin’s historic charter approval

The regulatory approval allows Telcoin to operate as a fully chartered US digital asset bank.

This gives the company the authority to issue eUSD, the first bank-issued, on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries.

CEO Paul Neuner described the charter as a historic moment, emphasising that it enables the creation of “Digital Cash” for everyday use and connects traditional banking to blockchain-based financial services.

By bridging crypto and traditional finance, Telcoin is now positioned to reduce regulatory risks while accelerating adoption of its remittance-focused network.

The charter also opens the door for Telcoin to offer retail and commercial depository services, accept crypto deposits, and provide crypto-backed loans.

The bank will leverage Federal Reserve payment rails, which enhances liquidity and trust for institutional and retail clients alike.

Regulatory clarity has been a persistent barrier in the cryptocurrency space, and this approval sets Telcoin apart from other blockchain companies that operate without a depository trust charter.

Nebraska’s decision demonstrates that compliant blockchain banking is achievable, offering a model that other states may follow.

Telcoin (TEL) price reaction

The market responded immediately with the Telcoin (TEL) price jumping from a low of $0.00284 to highs near $0.00689 within hours, before settling around $0.006 across major exchanges.

Trading volumes also soared to approximately $1.74 million during this period, making Telcoin the top performer among the top 200 cryptocurrencies by market capitalisation.

The cryptocurrency’s market value now stands at roughly $610 million, reflecting investor confidence in the project’s long-term prospects and its regulatory-backed utility.

Technical indicators have reinforced the bullish sentiment, seeing that TEL has broken above the $0.0042 resistance level and has sustained momentum above the 200-day moving average, driven by short-covering and FOMO buying.

Although the RSI has entered overbought territory, signalling strong upward pressure, the MACD confirms the breakout’s momentum.

Eyes are now on the $0.0067 level, which corresponds to a key Fibonacci extension, as a potential confirmation of a macro trend reversal.

Telcoin’s growing influence in US banking

Telcoin’s strategic vision now includes not only issuing the eUSD stablecoin but also enabling the remaining 95% of US banks to integrate blockchain-based financial services.

The Nebraska Financial Innovation Act of 2021 laid the groundwork for this development, while the recent GENIUS Act approval provides federal guidance for stablecoins and digital assets.

By creating a compliant bridge between fiat banking and decentralised finance, Telcoin aims to offer practical solutions for both consumers and financial institutions, further distinguishing the TEL cryptocurrency as a utility-driven asset rather than a speculative token.

By securing regulatory approval, Telcoin strengthens its position as a leading player in this niche, attracting investors who value legal certainty and real-world application.

• Bitcoin price remains range-bound amid long-term holder selling and falling demand.
• US Bitcoin ETFs inflows signal cautious institutional optimism.
• Macro uncertainty from the Fed and government shutdown keeps BTC under pressure.

Bitcoin (BTC) continues to navigate turbulent market conditions as macroeconomic uncertainty and institutional dynamics shape its near-term trajectory.

Despite renewed interest from investors and a notable surge in Bitcoin ETFs, the world’s largest cryptocurrency faces persistent pressure from long-term holder selling, cautious institutional sentiment, and a complex macro backdrop influenced by the Federal Reserve and ongoing government shutdown developments.

Analysts and strategists are watching closely as BTC balances between cyclical signals and broader market realities in November.

Bitcoin price struggles amid range-bound trading

Bitcoin price has remained largely trapped between $106,000 and $116,000 over the past two weeks, signalling a period of consolidation rather than upward momentum.

Long-term holders have accelerated their monthly distribution to roughly 104,000 BTC, marking one of the heaviest selling waves since mid-July, according to the recent Bitfinex report.

This persistent supply pressure is coinciding with muted institutional demand following October’s sharp liquidation event, leaving BTC caught in a sideways range with limited short-term catalysts.

Analysts warn that unless ETF inflows or new spot demand increase, the cryptocurrency could test support near $106,000, and a sustained breach of this level might open the path to $100,000.

ETF inflows signal cautious optimism

Despite these headwinds, Bitcoin ETFs have shown signs of recovery, injecting optimism into the market.

On November 11, US spot Bitcoin ETFs recorded $524 million in cumulative net inflows.

This return of demand, alongside smart money traders adding net long positions totalling over $8.5 million, highlights a growing, albeit measured, confidence among institutional participants.

Analysts have noted that sustained ETF inflows may signal an end to the broader de-risking phase observed after the market downturn, even as retail participation remains subdued.

Macro factors keep BTC on edge

Despite increased ETF inflows, macro conditions continue to weigh heavily on Bitcoin (BTC).

The Federal Reserve’s recent 25-basis-point rate cut and the formal end of its balance sheet runoff are tempered by internal division over the next steps, with some officials citing risks from persistent inflation and others warning of slowing labour markets.

Meanwhile, the Secured Overnight Financing Rate recently plunged to 3.92%, which financial analyst Shanaka Anslem described as indicative of market panic.

THE WORLD’S MOST IMPORTANT NUMBER JUST COLLAPSED

November 6, 2025: SOFR crashed to 3.92%. The lowest level in two years. The benchmark that controls $397 trillion in global contracts just signaled something catastrophic.

This is not a rate cut. This is a liquidity flood.

THE… pic.twitter.com/W5vmNRUXpq

— Shanaka Anslem Perera ⚡ (@shanaka86) November 9, 2025

These developments, combined with falling consumer confidence and cooling wage growth, have created uncertainty around near-term capital flows and investor appetite for risk assets like Bitcoin.

The ongoing government shutdown adds another layer of complexity.

While the Senate moves toward a potential resolution, analysts note that the relief may boost equities more than cryptocurrencies, as capital appears to rotate toward traditional financial markets while liquidity waits on the sidelines for normal economic data to resume.

These dynamics have contributed to continued downside pressure on BTC, even as technical and ETF-related signals point to potential stabilisation.

Bitcoin price outlook for November

Looking ahead, November may not deliver the historic rallies often seen in the penultimate month of the year, as Bitcoin (BTC) remains caught between conflicting forces.

While ETF inflows and smart money activity provide a foundation for renewed optimism, ongoing distribution by long-term holders, macro uncertainty, and cautious institutional behaviour continue to weigh on the Bitcoin price.

• Chainlink (LINK) price dips 3.3% amid ETF delays and weak crypto sentiment.
• Bitwise’s Chainlink ETF appears on DTCC, signalling launch progress.
• Chainlink expands with Injective EVM integration for real-time data.

Bitwise’s proposed Chainlink ETF has appeared on the Depository Trust and Clearing Corporation (DTCC) registry, a move often seen as a key step toward an eventual launch.

The listing signals that the fund’s debut could be approaching, marking another milestone in the growing intersection between traditional finance and blockchain assets.

Despite this progress, Chainlink’s (LINK) price has edged lower, weighed down by a broader market pullback and persistent regulatory uncertainty.

Investors remain cautiously optimistic, viewing the ETF’s advancement as a potential long-term catalyst even as near-term sentiment stays subdued.

Bitwise Chainlink ETF nears launch

Bitwise’s Chainlink ETF has appeared on the DTCC’s eligibility list under the ticker CLNK, placing it in both the “active” and “pre-launch” categories.

Such a listing is typically one of the final steps before a new exchange-traded fund can officially begin trading on the market.

The listing reflects backend preparations for clearing and settlement, but it does not guarantee that the US Securities and Exchange Commission (SEC) will approve the fund.

The ETF aims to track the price of Chainlink (LINK), the token that powers the decentralised oracle network connecting smart contracts to real-world data.

Bitwise first filed its Form S-1 registration with the SEC in August and is still expected to submit Form 8-A, the last major document required before a security can be listed on an exchange.

The listing on DTCC suggests that this step may be imminent once the US government reopens after a prolonged government shutdown.

The 42-day US government shutdown has stalled SEC activity, creating a bottleneck for dozens of crypto-based ETFs, including Bitwise’s Chainlink product.

However, optimism has returned after the Senate passed a funding bill that could soon restore full SEC operations, clearing the backlog of pending applications.

Historically, ETFs that reach DTCC listing status tend to move toward approval once regulatory conditions normalise.

Analysts such as Bloomberg’s Eric Balchunas have noted that most funds that reach the DTCC stage eventually debut, underscoring growing confidence that a Chainlink ETF could soon join the expanding roster of crypto investment vehicles.

In addition, Coinbase Custody Trust Company has been named as custodian of the Bitwise Chainlink ETF, and the fund will allow in-kind creation and redemption, meaning investors can exchange shares directly for LINK tokens.

Analysts view this feature as a potential liquidity driver that could deepen institutional exposure to Chainlink’s network.

Meanwhile, other asset managers like Grayscale are also pursuing Chainlink-based products, though their proposals include staking components that could complicate approval.

Chainlink (LINK) price outlook

Despite the promising ETF progress, the Chainlink price has dropped by about 3.3% over the past 24 hours, diverging from its 7-day gain of roughly 5.5%.

The pullback reflects a combination of market-wide weakness and profit-taking after weeks of ETF-driven speculation.

Amid the pullback, the open interest in LINK derivatives has dropped 8%, suggesting that traders are scaling back exposure amid short-term uncertainty.

The broader crypto market has also slipped by about 1.7% in the same period, showing that sentiment remains fragile even as structural developments advance.

From a technical analysis standpoint, LINK has slipped below its 7-day simple moving average at $15.61 and now faces resistance near the 30-day SMA of $1693.

The relative strength index (RSI) has also weakened to around 43, indicating waning momentum.

If the token closes below the $15.22 support level, analysts warn of a potential retest of the October low near $13.87.

Nevertheless, the long-term fundamentals appear stronger.

Chainlink continues to expand its role in decentralised finance infrastructure, most recently through the integration of Chainlink Data Streams and DataLink into the Injective EVM Mainnet.

The integration, unveiled on November 11, enables real-time, low-latency price feeds that support next-generation DeFi applications.

This integration reinforces Chainlink’s dominance in the oracle sector and enhances its value proposition beyond speculative trading.

At the time of writing, Chainlink (LINK) is trading around $15.50 with a market capitalisation exceeding $10.8 billion.

While the Chainlink (LINK) price outlook remains mixed in the short term, institutional demand could provide a meaningful tailwind if the Chainlink ETF is granted approval to the ETF.

• US Bitcoin ETFs saw nearly $300 million in net inflows on Tuesday.
• The inflows snapped a two-week streak of redemptions from the products.
• Fidelity’s FBTC led the way with $165.9 million, followed by Ark’s ARKB.

US-based Bitcoin ETFs have snapped a two-week streak of redemptions, pulling in nearly $300 million in net inflows on Tuesday as investors took advantage of lower prices to rotate back into cryptocurrency-linked products.

The renewed buying interest, which follows a period of significant outflows, suggests that institutional investors are viewing the recent market dip as a buying opportunity, reaffirming their long-term conviction in the asset despite short-term volatility.

A decisive reversal after weeks of outflows

Early data from SoSoValue shows a significant reversal of last week’s trend, which saw over $1.17 billion withdrawn from digital asset investment products.

Fidelity’s FBTC led the charge with $165.9 million in fresh capital, while Ark 21Shares’ ARKB added $102.5 million.

Notably, even Grayscale’s GBTC, which has experienced consistent outflows for months, posted a net inflow of $24.1 million.

This return of capital to US products contrasts with the European market, which has continued to see steady inflows, suggesting a more consistent long-term positioning from investors outside the United States.

Altcoins continue to attract capital

While Bitcoin and Ether products have been subject to macro-driven volatility, certain altcoins have continued to attract steady investment.

According to data from CoinShares, Solana-linked products notched another $118 million in inflows last week, bringing its impressive nine-week total to $2.1 billion.

This pattern indicates that investors are differentiating between core assets sensitive to macro pressures and emerging networks with strong on-chain momentum.

Fundamentals remain strong as supply milestone nears

Despite the recent price turbulence, market experts maintain that Bitcoin’s underlying fundamentals remain robust.

Thomas Perfumo, a global economist at Kraken, highlighted an upcoming supply milestone as a key factor in the long-term investment case.

“In approximately seven days, Bitcoin’s circulating supply will cross 19.95 million coins, 95% of its max supply of 21 million coins,” he wrote in a note provided to CoinDesk.

Perfumo said this event underscores Bitcoin’s programmable scarcity and its enduring role as a “credibly neutral, globally accessible store of value.”

Gold nears record highs amid fiscal warnings

In the broader macroeconomic landscape, gold continued to trade near record highs at $4,134.6 per ounce.

The precious metal’s strength is being fueled by growing concerns over US fiscal stability.

Economist James Thorne has warned that the US has crossed a fiscal “Rubicon” that could trigger a “Bretton Woods 2.0” style reset, potentially revaluing gold to manage soaring debt levels.

The impact of surging bullion prices is already being felt, with major producer Barrick Mining reporting a $1.3 billion quarterly profit and a dividend hike.

• Cardano and Wirex launch an ADA card supporting 685+ crypto assets.
• Users can earn up to 8% cashback and access DeFi features.
• Non-custodial and RWA yield upgrades planned for 2026.

Cardano has taken a decisive step toward real-world utility with the launch of its first-ever ADA card, developed in partnership with global fintech firm Wirex and the blockchain’s commercial arm, EMURGO.

Unveiled during the 2025 Cardano Summit in Berlin, the new Cardano Card represents a major leap for ADA as it now becomes spendable in daily transactions across more than 130 countries.

Through its integration with Visa, which unveiled its tokenised digital asset platform in 2024,  the card allows users to make purchases and withdrawals anywhere Visa is accepted, supporting over 685 cryptocurrencies, including ADA, BTC, ETH, and stablecoins such as USDC.

Built directly into the Wirex app, the card brings together crypto and fiat functionalities in one platform.

Users can spend their digital assets effortlessly while accessing features like crypto-backed loans, yield accounts, and structured trading products.

With up to 8% cashback on purchases and ATM access, the Cardano Card aims to redefine how holders use crypto in everyday life.

Bridging blockchain and traditional finance

For EMURGO and Wirex, this initiative represents a strategic move to connect blockchain technology with established financial systems.

The card’s rollout follows years of growing demand for products that make digital assets usable in the real economy.

According to industry reports, while there are more than 820 million crypto wallets globally, only a small fraction are used for payments.

And by offering a seamless, multi-chain solution backed by Visa’s global infrastructure, Cardano and Wirex are positioning ADA as a gateway for millions of users to access decentralised finance (DeFi) through familiar payment experiences.

Phillip Pon, CEO of EMURGO, described the project as “mobile-ready, fintech-friendly, and uniquely built for on-chain finance,” emphasising its potential to expand Cardano’s presence in the global fintech space.

Moving forward, EMURGO has outlined a multi-phase roadmap that includes a non-custodial version in 2026, allowing users full control over their assets.

Future updates will introduce features such as auto-staking, tokenised real-world asset yields (RWA), and enhanced DeFi integrations.

Importantly, a portion of the card’s profits will be redirected into the Cardano Treasury, reinforcing the ecosystem’s long-term sustainability.

Wirex, which has processed more than $20 billion in transactions and serves over six million users, sees the Cardano partnership as an expansion of its mission to connect the Web3 economy with the traditional financial world.

Georgy Sokolov, Wirex’s co-founder, said the partnership marks a turning point for the network, bringing “millions of users closer to a future where digital assets are seamlessly integrated into everyday financial life.”

The partnership between Wirex and EMURGO gives Cardano a powerful entry point into mainstream payments while offering users tangible incentives to use ADA in their everyday financial activities.

Key takeaways

• BTC is down 1% and is now trading below $104,300 per coin.
• The bearish performance comes after Bitcoin failed to overcome the $107k resistance level.

Bitcoin dips below $105k despite strong start to the week

Bitcoin, the leading cryptocurrency by market cap, has underperformed over the last 24 hours despite a positive start to the week. The coin is now trading above $104,300 after failing to overcome a key resistance level on Monday.

It now risks dropping below $104k despite growing institutional demand. 

According to SoSoValue,  US-listed spot Bitcoin ETFs recorded a modest inflow of $1.15 million on Monday, ending the recent streak of withdrawals totaling $1.22 billion spanning over six days. If the inflow trend intensifies, it could serve as the momentum needed for BTC to extend its ongoing price recovery.

In addition to that, Glassnode reported on Monday that Bitcoin’s price action is beginning to stabilize, showing signs of a potential local bottom forming around the $100k support level.

In its report, Glassnode pointed out that the recovery towards the $106k resistance level suggests early signs of buyer re-engagement. Spot Bitcoin trading volume surged from $11.5 billion last week to $14.1 billion on Monday, suggesting strong investor participation and heightened liquidity.

BTC could dip below $104k if the bullish trend fails to build

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has found support around the 50% Fibonacci retracement level of $100,353. The support was established on November 4 and could serve as the springboard for BTC to rally higher. 

If Bitcoin’s daily candle closes above the 38.2% Fibonacci retracement at $106,453, it could rally higher and hit the 50-day Exponential Moving Average (EMA) at $110,041 in the near term.

The RSI of 58 on the 4-hour chart shows that the bullish momentum is gaining traction. The MACD lines also converged into the bullish zone, flashing a buy signal for traders. 

However, if Bitcoin’s correction continues and the daily candle closes below $106,453, BTC could extend the decline toward the key support at $100,353.

• SegWit wallets delay public key exposure until the point of transaction.
• Holding Bitcoin in SegWit addresses offers temporary protection if left untouched.
• Critics believe practical quantum computing remains decades away.

Quantum computing’s long-theorised threat to Bitcoin is resurfacing in the crypto conversation.

The idea that a powerful enough quantum machine could break cryptographic security and expose Bitcoin keys has moved from theoretical chatter to practical concern.

Bitcoin analyst Willy Woo recently suggested a short-term safeguard: store Bitcoin in SegWit addresses for the next seven years.

While the tactic has sparked debate, the broader community remains divided over whether quantum computers are a real, imminent threat or just the latest tech-driven scare.

SegWit offers delayed public key exposure

Segregated Witness (SegWit), introduced on 23 August 2017, is a protocol upgrade that changes how data is stored in Bitcoin transactions. Woo suggests that SegWit’s delayed public key exposure could act as a deterrent against quantum attacks.

Unlike Taproot, which exposes the public key immediately within the address, SegWit only reveals it during transaction execution.

This delay makes it harder for a quantum computer to reverse-engineer the private key from the public one before the transaction is completed.

Under current conditions, exposing a public key does not present much of a problem. However, if and when quantum computing advances to the point of real-time decryption capabilities, the exposure window of Taproot wallets could be a key vulnerability.

In contrast, SegWit’s hashing conceals the public key behind a layer of encryption until absolutely necessary. This may keep Bitcoin more secure during this anticipated transition period.

Hodling in SegWit comes with major constraints

While the SegWit method may offer protection, it carries a critical limitation. According to Woo, users must not move their Bitcoin from the SegWit address.

Any outgoing transaction would expose the public key, potentially inviting a quantum attack if executed during the transaction.

As such, this method is not viable for active traders or anyone needing liquidity in the short term. It is a static defence mechanism, not a dynamic solution.

This approach effectively puts Bitcoin in a vault. It is safe but inaccessible. It is also only as secure as the continued absence of real-time quantum decryption.

If a breakthrough comes earlier than anticipated, even SegWit-held coins could be compromised during withdrawal. Woo acknowledges that this is only an intermediary measure.

It is meant to bridge the gap until a quantum-resistant Bitcoin protocol becomes available.

Experts disagree over SegWit’s efficacy

Not everyone agrees that SegWit provides any meaningful protection. Charles Edwards, founder of digital asset fund Capriole, has dismissed the idea as ineffective.

He argues that SegWit is not a quantum-safe model and relying on it could delay necessary network upgrades.

According to Edwards, the belief that Bitcoin has a seven-year buffer period could create complacency, weakening pressure to accelerate work on quantum-resistant algorithms.

This disagreement underscores a broader lack of consensus in the crypto space on how seriously the community should take quantum risk.

Although protocol upgrades are under development, there is concern among developers that current initiatives are progressing too slowly.

Some argue that existing security layers were not built with quantum capabilities in mind, making them structurally vulnerable regardless of transaction format.

Sceptics say quantum fears are overblown

Despite the alarm, some in the community believe the risk is being overstated. Critics point to quantum computing’s persistent technical limitations.

In a post in February, Bitcoin advocate Adrian Morris claimed quantum tech is “barely viable”, citing issues with thermodynamics, memory, and persistent calculations.

Others argue that traditional financial systems and major banks would be far more attractive targets for early quantum attacks than a decentralised network like Bitcoin.

Woo notes that Bitcoin held by custodians, such as ETFs or treasury firms, may be better shielded in the interim. This is only true if those institutions take proactive steps to secure their holdings.

Until a comprehensive upgrade is implemented, the quantum debate will continue to shape discourse around Bitcoin’s long-term security.

Key takeaways

• SHIB has reclaimed the $0.000010 level as meme coins rally higher
• The memecoin could rally to the 4-hour ILQ at $0.000011 in the near term.

SHIB trades above $0.000010 as memecoins rally

The cryptocurrency market is having a positive start to the week, with Bitcoin, Ether, and XRP all in the green. Leading memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are regaining momentum and have recorded excellent gains over the last 24 hours. 

The rising retail interest in SHIB and other leading memecoins backs the short-term recovery, with the bulls expecting further gains. SHIB is currently the second-largest memecoin by market cap and is now trading above $0.000010 per coin.

According to CoinGlass, the futures Open Interest (OI) of DOGE, SHIB, and PEPE have increased by 4%, 2% and 3%, respectively, in the last 24 hours, reaching $1.53 billion, $72.99 million, and $200.53 million. This increase in existing futures contracts suggests that investors are increasing their exposure to SHIB and the other leading memecoins, expecting a rally in the near to medium term. 

SHIB eyes the $0.000011 liquidity zone

The SHIB/USD 4-hour chart is bearish and efficient despite Shiba Inu performing positively over the last seven days. The technical indicators on this timeframe have switched bullish, suggesting that buyers are currently in control.

The RSI of 58 is above the neutral 50, indicating a switch to the bullish trend on the 4-hour timeframe. The MACD lines are also within the positive zone, confirming the switch to a bullish bias a few days ago.

At press time, SHIB is trading at $0.000010, which is close to the 200-period EMA on the 4-hour price chart. The rising demand could see this experience a breakout rally over the next few hours or days. 

If the bulls keep SHIB’s price above the 200-period EMA at $0.00001029, it would confirm the trendline breakout. A bullish run would allow SHIB to grab the Inducement Liquidity (ILQ) at $0.00001175 in the near term. An extended rally would bring the TLQ and resistance level of $0.00001213 into focus. However, if the market reverses, SHIB could decline and retest the 50-period EMA at $0.00000971.

• UNI is bouncing off the support of a broadening wedge pattern.
• The 50 EMA offers immediate resistance at $8.17 on the weekly chart.
• Bullish short-term targets above EMA include $11.93 and then $18.62.

A welcome rebound for decentralized finance (DeFi) tokens saw Uniswap price gain 12% in the past 24 hours as bulls reached a one-month high.

The UNI has, in fact, surged to its highest level in over a month, crossing the $7 mark amid renewed market optimism.

Pump.fun and Raydium have also notched double-digit gains, while Hyperliquid, Jupiter, and Aerodrome Finance are registering gains in the 5-7% region in the past 24 hours.

Litecoin and Dogecoin also registered gains.

UNI’s rally signals potential momentum for the DEX protocol as broader crypto sentiment improves.

Uniswap breaks to 1-month high above $7

Uniswap’s UNI token has posted impressive gains.

In the past 24 hours, it has climbed over 12% to reach $7.15, marking its strongest one-month peak since early October.

Over the trailing week, UNI has advanced by 35%, outpacing many altcoins and reflecting heightened trading activity on the platform.

This upward momentum is largely attributed to a broader market bounce.

What’s fueled this is the easing macroeconomic pressures and renewed investor appetite for risk assets following recent volatility.

With trading volume spiking 66% to over $498 million in the last day, UNI’s performance aligns with a growing confidence in DeFi infrastructure as altcoins regain traction.

Analysts note that Bitcoin’s stabilization above $106,000 has lifted liquidity providers and traders alike.

Uniswap price forecast

Technical indicators paint a bullish short-term picture for UNI.

As the token bounces off key support, it is likely to trend up within a broadening wedge pattern.

On the chart below, the Uniswap price has climbed off the lows of formation that often precedes accelerated upside in trending markets.

UNI price chart by TradingView

Bulls are now targeting two consecutive green weekly candles, which could confirm sustained recovery and propel prices higher.

Immediate resistance looms from the 50-week exponential moving average (EMA) at $8.17, a level UNI must breach to unlock further gains.

The Relative Strength Index (RSI) is trending up from above 46.

While below the midpoint, it’s within the neutral zone and indicates building momentum.

Bulls will have room to run before entering overbought territory.

Should UNI maintain this trajectory, short-term targets point to $11.93, above the 50-week EMA cluster.

An uptick above this mark will be followed by a more ambitious push toward $18.62.

However, downside risks may see bears target a return to lows of $4.65, a key floor from 2023.

Longer-term forecasts for 2025 remain optimistic.

Amid DeFi expansion, the UNI price could target a breakout to $25 and $42.