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AAVE Buybacks & Key Events This Week

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Several major developments across various ecosystems are expected this week, suggesting imminent volatility for tokens within the respective niches. From Aave buybacks to Trump’s reciprocal tariffs, some very interesting updates are in the pipeline.

Traders and investors can front-run the following developments and position their portfolios strategically ahead of the following events.  

AAVE Buybacks

AAVE, the native token of the Aave lending protocol, will see buybacks commence on Wednesday, April 9. This follows approval from the Aave DAO.

This move involves allocating $4 million in aEthUSDT to repurchase AAVE tokens from the open market. The goal is to reduce circulating supply and potentially boost token value.

“Buybacks will reduce AAVE’s circulating supply, making tokens scarcer and more valuable. Activating fee mechanism will create a new revenue stream for protocol; increasing demand,” noted Langerius, founder of Hunters of Web3.

The repurchased tokens will be moved to the Ecosystem Reserve, signaling a long-term strategy to enhance scarcity and reward holders. This could see the AAVE token price surge, especially if demand remains steady or increases.

The buybacks follow a tokenomics update that activates a fee switch, introducing a new revenue stream for the protocol.

“New Aavenomics update. This is Fee Switch on steroids,” wrote Stani Kulechov, CEO and founder of Aave.

This dual approach, which reduces supply and generates revenue, could make AAVE a more attractive investment.

AAVE Price Performance
AAVE Price Performance. Source: BeInCrypto

BeInCrypto data shows the AAVE token was trading for $123.62 as of this writing, down by over 16% in the last 24 hours.

Trump’s Reciprocal Tariffs

Another crypto headline to watch this week concerns President Trump’s reciprocal tariffs, which are expected to take effect on April 9. The president will introduce a tiered levy system (10%, 15%, 20%) targeting countries like China, Vietnam, and the EU. The UK faces the lowest band.

While these tariffs bolster US economic independence, they could ripple through crypto markets. In the recent past, tariffs spooked investors, driving sell-offs in risk assets, evidenced by Bitcoin’s volatility after past tariff announcements.

Traders should brace for short-term dips, particularly in Bitcoin and altcoins tied to global trade dynamics. However, Trump’s pro-crypto stance, including his strategic Bitcoin reserve, might mitigate some losses, as could a decision to delay the tariffs.

“As soon as he delays or cancels the “reciprocal” tariffs the market will bounce 10%+ immediately. That is want everyone is waiting and hoping for,” one user highlighted.

Such an outcome, however, is contingent on investors viewing digital assets as a hedge against tariff-induced inflation or currency devaluation.

$47 Million Aptos Unlocks

On April 12, the Aptos network will unlock 11.31 million APT tokens worth approximately $47.73 million and comprising 1.87% of the circulating supply. The tokens will be allocated to the community, core contributors, the foundation, and investors.

Aptos Token Unlocks
Aptos Token Unlocks. Source: Tokenomist

Token unlocks often lead to selling pressure as early investors or team members liquidate holdings. As such, the Saturday event could drive APT’s price down.

“Aptos is struggling with a strong downtrend and upcoming token unlocks, which could further dilute its value,” one user noted.

Neutron’s Mercury Upgrade

Neutron’s Mercury upgrade, its most significant to date, launches on April 9. The event promises enhanced functionality for this Cosmos-based blockchain. Such upgrades improve scalability, security, or interoperability—key for Neutron’s DeFi and cross-chain ambitions.

“Neutron’s upcoming Mercury upgrade will 11x network throughput,” the network shared.

It follows proposal #993, supported by Stakecito, and aims to transition Neutron from Cosmos Hub’s Interchain Security to full sovereignty via the Mercury upgrade. The move would enhance Neutron’s role as a smart contract platform while maintaining ties with Cosmos Hub.

A successful rollout could bolster Neutron’s position in the Cosmos ecosystem, attracting more projects and capital.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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XRP Targets Rebound After Hitting Oversold Territory

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XRP is down over 5% in the past 24 hours but is currently attempting a rebound, trying to push above the $2 level. After touching deeply oversold RSI levels earlier today, the token is showing early signs of recovery amid shifting macro headlines.

Despite a bearish setup on the Ichimoku Cloud, a short-term bounce is not off the table if momentum builds. However, strong resistance zones remain overhead, and whether XRP can sustain this rebound will depend on both technical breakouts and broader market sentiment.

XRP RSI Is Going Up After Touching Oversold Levels

XRP’s Relative Strength Index (RSI) is currently sitting at 44.24, bouncing back after briefly plunging to 17.80 earlier today—its lowest level in weeks, with its price rebounding after news about Trump considering a 90-day pause in tariffs for all countries except China.

Just a day ago, the RSI was at 46.97, reflecting the sharp volatility XRP has experienced during the recent market sell-off. The RSI is a momentum indicator that ranges from 0 to 100, typically used to identify whether an asset is overbought (above 70) or oversold (below 30).

XRP RSI.
XRP RSI. Source: TradingView.

An RSI reading of 44.24 places XRP in neutral territory, suggesting that the selling pressure may be easing, but momentum remains weak. Importantly, XRP hasn’t crossed into overbought territory for nearly three weeks, signaling a lack of sustained bullish momentum.

If the RSI continues to climb and breaks above 50, it could indicate growing strength and potential price recovery. However, if it stalls or turns lower, XRP may continue to struggle for direction in the short term.

XRP Ichimoku Cloud Shows a Bearish Setup, But A Recovery Could Be On The Horizon

The Ichimoku Cloud chart for XRP shows a bearish structure. The price is trading well below the Kumo (cloud), indicating strong downward momentum.

Both the Tenkan-sen (blue line) and Kijun-sen (red line) are sloping down and currently positioned above the price, acting as dynamic resistance levels.

The cloud ahead is red and wide, suggesting continued bearish pressure and little immediate sign of a trend reversal.

XRP Ichimoku Cloud.
XRP Ichimoku Cloud. Source: TradingView.

However, the recent bullish candle pushing toward the Tenkan-sen hints at a possible short-term bounce or relief rally.

For a true trend shift, XRP would need to break above both the Tenkan-sen and Kijun-sen and eventually enter or surpass the cloud—a scenario that remains distant given the current formation.

Overall, the Ichimoku setup reinforces the broader weakness, with any upside likely facing strong resistance from the cloud and key lines.

Could XRP Break Above $2.20 Soon?

XRP price recently broke below the $1.80 mark for the first time since November 2024, reflecting heavy market pressure and a sharp sell-off. However, the asset has shown signs of recovery in the past few hours, attempting to regain momentum.

If this rebound gains strength, XRP could push toward resistance at $2.02, and a successful breakout may open the path to higher levels around $2.23.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView.

On the flip side, if XRP fails to sustain its current recovery, the price could drop back below $1.80 and revisit support near $1.61.

A breakdown from that level would increase bearish pressure, potentially dragging the price down toward the $1.50 zone.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Can the Fed Rescue Crypto Markets With Interest Rate Cuts?

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The Federal Reserve is having a closed-door meeting today to discuss potentially cutting interest rates. This would help crypto in a few ways, spurring risky investments and possibly even weakening the dollar.

Fed Chair Jerome Powell has been hesitant to cut rates, but he is under a lot of pressure. BlackRock’s CEO Larry Fink is currently pessimistic about rate cuts, claiming that they may even increase this year.

Will the Fed Consider Rate Cuts?

Trump’s tariff threats have the entire market in freefall, as billions have been liquidated from crypto and TradFi alike. The rumor of a 90-day pause on tariffs caused a dramatic rally earlier today.

Soon after, the White House denied the rumors, resulting in a crash. However, the Federal Reserve is having a closed-door meeting today, and it may plan to cut interest rates:

“A closed meeting of the Board of Governors of the Federal Reserve System at will be held 11:30 am on Monday, April 7, 2025. The following matters of official Board business are tentatively scheduled to be considered at that meeting: review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks,” the Fed’s website read.

There are many reasons why the Federal Reserve could cut interest rates. High rates make fixed-income investments more attractive, drawing capital away from riskier assets like stocks and cryptocurrencies, while low rates make these assets more attractive.

Rate cuts have often corresponded with market rallies, especially with ZIRP after the 2008 crash.

Now that most of the market is predicting a recession, the Federal Reserve could cause a rally with these rate cuts. The crypto market recently hoped for rate cuts, which the FOMC quickly rejected.

Fed Chair Jerome Powell initially signaled that he was reluctant to cut rates at this moment, but pressure has been building for him to do so. Unfortunately, that may not matter yet.

Larry Fink, BlackRock’s pro-crypto CEO, has been very pessimistic about possible cuts. In a recent televised interview, he claimed that most CEOs believe the US is already in a recession and that the country is currently not a “global stabilizer” in the markets.

Under these conditions, he stated that there’s a 0% chance of 4 to 5 rate cuts and that rates may even increase.

Are Interest Rate Cuts Always Bullish for Crypto?

When the Federal Reserve cuts interest rates, it isn’t a bullish signal across the board. They also tend to weaken the US dollar as its yield advantage diminishes relative to other currencies.

This would also be good for crypto, considering its use as a store of value, but the Fed isn’t particularly interested in that. The industry won’t be the deciding factor either way.

Still, other commentators have been highly skeptical of Fink’s claim. Powell is under a lot of pressure to cut rates, so raising them would buck market expectations. Investors are betting on multiple rate cuts, and these hypothetical cuts may be priced to a certain extent.

fed interest rate cut projection 2025
Fed Interest Rate Cut Projection 2025. Source: CME FedWatch

Looking back at previous cycles, periods of rate cuts have often coincided with market rallies. For instance, during the post-2008 recovery, rate cuts revived equity and emerging asset classes.

Overall, lower rates typically mean easier access to credit, leading to more liquidity in the market. This extra liquidity can help drive up demand for riskier assets, including cryptocurrencies.

So, If the FOMC signals a shift toward lower interest rates, this could boost overall market confidence. As traditional markets begin to stabilize and recover, crypto markets might experience a rebound.

Investor sentiment, already shaken by the recent sell-offs and heightened volatility, could turn more optimistic with the prospect of easing monetary conditions.

Most importantly, institutional investors, who have been cautious during the current volatile period, may adjust their strategies in a lower-rate environment.

With lower fixed-income yields, portfolio managers could increase their allocation to alternative assets, including cryptocurrencies, to achieve higher returns. This influx of institutional capital could lend credibility to the crypto market and help drive a recovery.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.





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Crypto Whales Are Buying These Altcoins Post Market Crash

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Crypto whales are making quiet moves in Ethereum (ETH) and Optimism (OP), while accumulation remains stagnant—or even negative—across most other major coins. Between April 4 and 6, both ETH and OP saw a notable increase in large wallet holders despite a harsh market correction.

This behavior often signals early confidence from institutional players, hinting at potential reversals ahead. With ETH nearing $1,400 and OP trading at three-year lows, the next few days could be pivotal if whale accumulation translates into renewed bullish momentum.

Ethereum (ETH)

Between April 5 and April 6, crypto whales accumulated ETH. The number of Ethereum whale wallets—those holding between 1,000 and 10,000 ETH—increased from 5,340 to 5,388, signaling a quiet accumulation phase during the broader market correction.

Tracking these large holders is crucial, as their behavior often precedes major market moves; when whales accumulate, it can indicate growing confidence in the asset’s long-term value and hint at a potential trend reversal.

Number of Addresses Holding Between 1,000 and 10,000 ETH.
Number of Addresses Holding Between 1,000 and 10,000 ETH. Source: Santiment.

If Ethereum’s current downtrend continues, ETH price could break below $1,400 for the first time since January 2023, opening the door to deeper losses.

However, the recent uptick in whale activity suggests some optimism beneath the surface. If momentum shifts and ETH manages to reclaim $1,748, it could rise further toward $1,938 and, with a strong enough rally, even retest the $2,000 mark—restoring a key psychological and technical level for bulls.

Optimism (OP)

The number of Optimism whale wallets—holding between 10,000 and 1,000,000 OP—rose from 4,138 on April 4 to 4,151 on April 6, suggesting that large holders are accumulating despite the ongoing market correction.

This increase in whale activity may indicate long-term confidence in the project, even as the broader market faces heavy selling pressure.

In periods of uncertainty like now, such accumulation can be an early sign of a potential price reversal, as institutional or high-net-worth investors often act ahead of retail sentiment.

Number of Addresses Holding Between 10,000 and 1,000,000 OP.
Number of Addresses Holding Between 10,000 and 1,000,000 OP. Source: Santiment.

Currently trading near its lowest levels in nearly three years, OP is under significant downward pressure. If the correction persists, the token could break below the $0.50 support level.

However, if the recent whale accumulation reflects a shift in momentum, OP could rebound to test resistance at $0.65.

A breakout from that level may open the path toward $0.77 and, in a stronger recovery, even retest $0.84.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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