Category: Crypto Insights

DeFi: Explore the Role of Decentralized Finance in Digital Economy

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Decentralized finance(DeFi) is gradually overtaking the global financial system in terms of borrowing, investing, and banking. What is DeFi and its role in the digital economy?

 

Decentralized finance (DeFi) refers to a modern financial system that is set to replace the role of the traditional financial system. The roles include banking, brokering, investing, and borrowing. Built on blockchain technology, DeFi replaces the need for trusted middlemen in financial agreements.

Smart contracts play the role of traditional custodians like banks, ensuring contract terms stay unchanged using blockchain capability and executing the contract on maturity. People can engage in the mentioned financial activities from anywhere and at any time across the globe.

So, what are the trends in DeFi?

Using self-executing code in handling transactions, platforms such as Aave, Uniswap, and Compound offer users DeFi services. Users can borrow loans, earn interest on staked tokens, and trade tokens anywhere at any time.

DeFi emerged in 2018, pioneered by the Ethereum blockchain, and has ever since seen growing interest from investors and regulators.  DeFi could see exponential growth over the next decade as crypto adoption grows.

 

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DOGE: Assessing Dogecoin’s Breakout above THIS Key Level

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Dogecoin has broken above the $0.1570 key level on its falling wedge channel. With trading volume surging, is $0.2000 DOGE’s next target?

 

Dogecoin has surged 1.5%, with a 10% increase in trading following a breakout above its falling wedge pattern, at press time. The memecoin has been trading in a falling wedge pattern formation on the 12-hour chart for the first quarter, 2025.

Looking at the chart, DOGE has tested its horizontal key support zone and demand zone, around $0.1550.Following this, DOGE has seen a price reversal, breaking past the $0.1570 key resistance level on its descending trendline.

Source: X

 

Key level to watch

Technical analysis hint at $0.2000 as DOGE’s next target, a previous key resistance level. If Dogecoin’s bulls step in with a high buying pressure, the memecoin could be poised for an uptrend rally in the short-term. With MACD (12,26) and short-term moving averages signalling “buy” the memecoin’s momentum could be gaining strength following the breakout.

 

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R2 Testnet Is Live: Here’s How to Farm Tokens Before Mainnet Drops

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R2 has officially launched its testnet and will have a mainnet release in Q2 2025. Early users can now earn reward points, which will convert to R2 tokens when the official launch happens.

What Is R2?

R2 is a DeFi protocol that provides investors with yield opportunities based on stablecoins. The protocol includes on-chain products like R2USD, R2BTC, and R2ETH, which offer ways to gain high-value exposure while earning yields.

The testnet is now live on Ethereum’s Sepolia network. Users can try the protocol’s main features, give feedback, and earn reward points that can be converted to real tokens.

How To Join The R2 Testnet

Getting started is simple. Here’s a step-by-step:

  1. Set Up MetaMask on Sepolia Testnet
     Connect your wallet to the Sepolia network. To get started with testnet ETH, use the R2 Discord faucet. 
  2. Head to the R2 Testnet App
     Go to R2 Money’s testnet portal and connect your wallet. 
  3. Interact with the Core Protocol
     – Mint R2USD using testnet USDC
     – Stake R2USD to earn yield via sR2USD
     – Try out R2BTC and R2ETH
     – Provide and remove liquidity
     – Execute swaps and simulate real DeFi flows 
  4. Complete Social Quests
     Engage via Galxe, share your experiences, refer friends, and stay active across R2’s social channels to rack up Pulses. 
  5. Be Consistent
    Points are calculated daily, and holding R2BTC or R2ETH for longer = more rewards. For example, 1 R2BTC (valued at $85,000) earns 2,040,000 points daily.

What’s Next?

With over 35% of DeFi TVL tied to liquid staking and stablecoin yield protocols, R2 is entering a high-demand segment. If R2 successfully becomes a key yield layer for real-world assets on Ethereum, early users of its testnet could benefit in the long run.

The R2 team is working on updates, new quests, and ecosystem integrations during the testnet season. This plan sets the project up for a strong launch in Q2.

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SUI Flashes Signs of Strength amid Rising Investor Interest

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Sui has seen a 135% surge in 24-hour trading volume with an increased long-short ratio. Why is Sui pumping?

 

SUI has witnessed significant on-chain growth fueled by growing interest in its layer 1 blockchain capabilities. The coin has seen a 135% increase in trading volume, with its 24-hour long-to-short ratio rising to 2.05, at press time, per Coinalyze data. This suggests that the market saw more SUI buyers than Sellers in the past 24 hours, pumping the coin’s price by 5%.

So, why is SUI surging?

Looking at the charts, Sui has broken out of a descending wedge pattern on the daily chart. With the crypto market showing recovery after the trade tariff war, SUI’s breakout could mean a bull rally in the coming days. Technical analysis reveals $4 as the coin’s target in the coming days.

 

Source: X

 

Following the breakout, many investors are betting on SUI’s uptrend in the coming weeks. A surge in trading volume and buying pressure is indicative of accumulation. There has been heightened investor conviction in the network’s long-term growth.

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Bitcoin Reserves Across Exchanges Drops to Lowest-Ever

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Bitcoin reserves have dropped to the lowest levels in history, suggesting a possible supply shock.

 

A recent market development in the BTC exchange supply has caught the market’s attention. Since the start of the year, Bitcoin supply on the exchanges has been on a steady decline, with the reserves hitting their lowest levels in history.

Decreased BTC reserves could signal a supply shock in the next few weeks as institutional and government interest rises.

 

Source: X

What does this mean for BTC?

As of 2025,  there has been large institutional Bitcoin buys as corporations such as Strategy leading the way. With potential accumulation by governments for treasury reserves, BTC exchange supply could decline further.

The market could face a supply shock that would see Bitcoin surge massively in the next few weeks driven by increased demand, increased disposable capital and whale accumulation after the trade tarrif war.

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Aptos APT Surges amid Rising Network Stablecoin Supply

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Aptos has surged 4.02% with a high trading volume as the network’s stablecoin supply hits $1 billion.

 

Aptos, a layer 1 proof-of-stake (PoS) blockchain using smart contracts to boost web3 adoption, has seen its token APT surge 4.02% in the past 24 hours. APT has been trading inside a falling wedge pattern on the daily chart in Q1, 2025, and has broken out with a 25% surge in trading volume.

 

Source: X

 

Aptos was consolidating at around $5.11 as of this writing, per CoinMarketCap. Technical analysis suggests $6 as APT’s mid-term target while eyeing $9.7 following this breakout. According to Crypto King25, the total supply of natively minted USDC and USDC on the network has hit $1 billion.

 

Source: CoinMarketCap

 

Following a breakout and high stablecoin supply on the network, Aptos could be poised for an uptrend in the following weeks. Traders a closely watching APT’s next move following this breakout.

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Bitcoin Signals Strength as U.S Dollar Weakens

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Bitcoin hits $87k, signalling strength and bullish momentum while the U.S dollar struggles to maintain value in the market.

 

Bitcoin has surged 3.5% to hit $87.4k, with a 90% increase in trading volume in the past 24 hours, at press time, per CoinMarketCap data. The market is witnessing a major shift in global trade currencies, traditionally dominated by the U.S. dollar. Fears of inflationary policies and economic uncertainties following the recent trade tariffs are rising.

Looking at the charts, the market could be losing faith in the U.S. dollar as digital assets gain stability, growth, and market maturity. A side-to-side comparison of the U.S dollar Index and BTC /USD shows that Bitcoin is performing better in the market amid a collapsing U.S dollar.

 

Source: X

So, why is the US dollar collapsing?

A sharp drop in the U.S. dollar suggests growing concerns regarding inflation, global economic uncertainity, and interest rates. The concept of Bitcoin becoming the “digital gold” and a hedge against such chaos is solidifying. With Bitcoin joining traditional balance sheets, the market is closely watching this shift in market sentiment.

 

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Oversold Alert: Why Ethereum Could Be Rallying Soon

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Ethereum’s monthly Relative Strength Index(RSI) has dropped to its most oversold ever, and whales are accumulating the dip. So, are ETH bulls rallying soon?

 

Ethereum has seen its price drop significantly as of Q1 2025. Despite other altcoins rallying after the trade war freeze, the king of altcoins saw a price exhaustion in a recovery attempt. As of this writing, ETH is trading at $1583 per CoinMarketCap data.

Looking at Ethereum’s 8-hour chart, the coin has been consolidating inside a descending channel pattern in Q1, 2025.

Source: X

 

With the price dropping to a 2-year low, ETH’s Relative Strength Index(RSI) has dropped to 40. This suggests that the coin is oversold, leaving the price in trenches. The bulls have stepped in as Ethereum’s momentum and MACD(12,26) flash “buy”.

According to CryptoGoos on X (formerly Twitter):

 

WHALES HAVE BOUGHT OVER 200,000 $ETH IN THE LAST 3 DAYS. THEY’RE BUYING THE DIP!

 

With potential whale accumulation in the dip, ETH can break above the $1650 key resistance zone on its descending channel pattern. A confirmed breakout could see ETH rallying to $2800 in the next few weeks.

 

 

 

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Fear and Greed Index: Are Investors Trusting Crypto more than Stocks?

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Fear and greed index data reveal that investors are panicking more in the stock market than in crypto. Are investor perceptions of risk shifting?

 

Latest data by Alphractal has unveiled a surprising twist in the global assets market. A look into the fear and greed index in both the stock market and the crypto market suggests more anxiety in the stock market than in crypto.

While cryptocurrencies have always witnessed more volatility than stocks over the years, this data has raised eyebrows regarding market sentiment. Traditionally, Crypto is viewed as a riskier market in comparison to stocks. However, the crypto market has proved to be borderless and decentralized enough to survive diverse market storms.

Recent trade war, inflation, and geopolitical tensions have escalated volatility in the stock market, causing widespread fear and anxiety.  The stock market index hit  20.94 (Extreme Fear) while the crypto market hit 32 (Fear) in market sentiment.

 

Source: X

 

This new trend signals rising confidence in crypto market maturity and stabilization, considering its borderless nature. Increased credibility means more adoption and future growth for the market.

 

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Polkadot Flashes Breakout Signals-Is $4.8 the Next Target?

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Polkadot is testing a key resistance level on its falling wedge with high trading volume, suggesting a strong breakout.

 

Polkadot, the blockchain network that bridges other blockchain networks, has caught the market’s attention following a 57.5% surge in trading volume in the past 24 hours. Per CoinMarketCap, DOT was trading at $3.82, a 2.47% price increase, as of press time.

DOT’s price has been trading inside a falling wedge pattern formation for the past 4 months. Looking at the 12-hour chart, the price is consolidating and testing the $4.10 key resistance zone on its descending resistance trendline.

 

Source: CoinMarketCap

 

Technical analysis by WorldofCharts suggests that $4.8 could be Polkadot’s next target following a confirmed successful breakout above its falling wedge formation.

With the MACD level (12,26) and short-term moving averages flashing “buy”, DOT could be geared up for an uptrend rally soon. One should watch out for the coin’s buying pressure and open interest at this level while the market awaits a confirmed breakout.

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