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Securitize and Computershare Partner to Expand Tokenized Equity in US

By Arslan Tabish | Edited By Ammar Raza,April 29, 2026, 9:30 PM

Securitize has partnered with Computershare to introduce tokenized equity issuance for U.S.-listed companies. The framework links blockchain-based share representation with existing market systems. It maintains compliance structures and aligns transfer agent operations with established regulatory standards.

As per a report, the partnership enables companies to issue tokenized equity alongside traditional shares. The structure operates within existing legal and regulatory systems. It does not replace current share issuance models.

Also Read: Securitize Integrates with TRON Blockchain to Expand Tokenized RWA Access

Tokenized Equity Meets DRS Structure

The basis of this framework is Issuer-Sponsored Tokens (IST). These tokens reflect the equivalent underlying equity as ordinary shares. They are not created as derivative or synthetic instruments.

Source: Securitize

The companies may also issue such tokens together with the shares that are in the Direct Registration System (DRS). This permits uniform ownership records with formats. The model maintains a balance between conventional and tokenized equity.

Stakeholders have an option when it comes to the ownership of assets. They may hold the traditional shares or transfer to tokenized equity. Both alternatives have the same rights to ownership.

Computershare will take care of transfer agent duties concerning such instruments. This involves documentation and managing company activities. These services will operate in parallel with the registered shares.

The structure will be designed to maintain issuer dominance in capital structure. It also presents settlement based on blockchain where necessary. This makes sure that tokenized equity does not disrupt ownership regulations.

Securitize Links Blockchain With Issuer Services

Securitize said that the model enables companies to tap into tokenization without altering legal frameworks. It does not have layers of token systems that can make compliance difficult. It is concerned with direct representation of equity.

Carlos Domingo, the chief executive of Securitize, remarked that the system links blockchain infrastructure to the well-established issuer services. He observed tokenized equity could exist without making underlying shares. The model advocates direct ownership in digital form.

The structure also enables investors to have tokenized equity within digital wallets. Meanwhile, they are able to engage with issuers via conventional means. This involves corporate communications and voting.

It is yet to develop interoperability with wider financial systems. The companies failed to give an expansion timeline. They pointed out that integration will change with the expansion of infrastructure.

The collaboration represents a broader attempt to bring blockchain systems into line with traditional finance. It is based on controlled intermediaries to ensure order. As adoption grows, Computershare will still manage issuer-side functions.

Also Read: Trump-Backed World Liberty Financial Faces Scrutiny in 2026

Filed Under: Cryptocurrency News

Bitcoin Price Outlook Turns Critical as Volume Drops, SOPR Signals Recovery

By Paul Adedoyin | Edited By Ammar Raza,April 29, 2026, 8:30 PM

The Bitcoin price outlook is entering a critical phase as liquidity drops and investor positioning shifts on April 29, 2026. Data from Glassnode shows Bitcoin spot volumes have fallen to their lowest level since October 2023.

This decline reflects reduced market depth, making price more sensitive to capital flows. At the same time, CryptoQuant data shows improving short-term holder profitability, signaling a potential market transition.

At the time of writing, Bitcoin was around $76,574 as per TradingView. All indicators suggest an inflection point for short-term price direction is forming.

Thin Liquidity Conditions in the Bitcoin Market

Glassnode reports that the Bitcoin spot volume being traded among major exchanges has fallen to multi-month lows. When there is less participation in the market, it means there is less depth in the order books.

In lower liquid markets. The price reaction to a relatively small amount of capital inflow or outflow is amplified. Amplified price movements can lead to a higher risk of sharp movements up or down in either direction.

While past compression periods have indicated a future large increase in price, the price direction will depend upon signals of relative demand or distribution.

Bitcoin spot volume falls to lowest since 2023, signaling reduced liquidity and rising volatility risk
Source: Glassnode

Also Read | BlackRock Clients Trigger Shocking $112.22 Million Bitcoin Liquidation

Stable Short-Term Holder Activity Returns

CryptoQuant analyst MorenoDV reported that short-term holders (STHs) have regained control over the market. Now that the Bitcoin price is testing multiple short-term bands, it is interacting with key realized cost levels.
These include trader averages and short-term holder cost bases from one week to three months, forming a transition zone. One significant indicator of this transition is the Bitcoin SOPR.

Although historically under one, the SOPR has recently returned above equilibrium. This is an indication that the coins are being sold more frequently because they were acquired at a profit, versus those that were purchased at a loss. Early-stage bull cycle recoveries have been characterized by sustained SOPR values above one.

Bitcoin SOPR and short-term holder data show recovery as price tests key realized support levels
Source: CryptoQuant

Transition Zone and Decision Time for Investors

Currently, STHs are between minimal losses and minor gains. Investors are currently deciding if they should exit their positions or hold them.

When a token experiences sideways price movement in decision zones, it often results in rising supply due to fatigue from investors. However, if bulls can break through these zones quickly, they can establish a strong sense of confidence.

If STHs continue to be profitable, then they expect continued upside pressure. Conversely, if STHs lose profitability, then the coin may face additional downward pressure.

Profitability Will Determine Next Trend Phase

Whether short-term holders can continue to remain profitable will determine what happens next for the BTC price. If short-term holders can gain enough traction to stay above their average cost bases, previously established areas of resistance may become new support structures.

Conversely, if short-term holders cannot generate enough momentum to break resistance, the move may stall. Previous buyers could then sell at breakeven, adding further downward pressure.

Since volume has remained low, moderate inflows into the market can create a significant impact on price movement.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Bitcoin, Solana See FOMO Surge With 1.38 and 2.98 Ratios.

Filed Under: Cryptocurrency News, Bitcoin (BTC)

Ethereum L2 Fees Drop Below $2K as Daily Rent Falls 99%

By Amrin Sanjay | Edited By Ammar Raza,April 29, 2026, 8:00 PM

Ethereum’s layer-2 ecosystem is undergoing a major shift, with daily fees paid by L2 networks to the base layer dropping below $2,000. Although this may look like a bearish trend, it is actually part of an intentional process within the Ethereum scaling framework. This transformation is primarily due to recent updates that are focused on lowering costs.

L2 daily rent paid to Ethereum has collapsed to under $2,000! 📉

Sounds bearish for ETH at first glance, right?

It's not.

🔹 2023 peak: $3M+/day in L2 rent
🔹 2024: ~$500K/day
🔹 2026: <$2,000/day

Why this is actually bullish:

This is the direct result of EIP-4844 (blobs)… pic.twitter.com/3Jd3gG2d5R

— Leon Waidmann (@LeonWaidmann) April 29, 2026

Layer-2 Fees See Sharp Decline From 2023 Peak Levels

The daily charges being made on L2 networks have seen a sharp decrease from their 2023 high of $3 million per day. This is equivalent to a decrease of well over 99%, indicating a massive change in terms of how data is submitted and executed on Ethereum. It shows that L2 networks can now afford to function much more cheaply than before.

Source: growthpie.com

As early as 2024, daily fees had dropped to about $500,000. The decrease continued into 2026, showing that this has been a consistent trend and not merely a temporary state of affairs.

Also Read: Ethereum Shows Weak Momentum as Key $1,980–$2,277 Support Range Gains Attention

EIP-4844 Upgrade Drives Cost Efficiency Improvements

The proposal for EIP-4844, also known as “proto-danksharding,” has been instrumental in lowering the cost of using L2. The use of blob transactions has led to efficient data posting rather than relying on conventional calldata. Hence, the cost of data posting on L2 transactions has decreased by more than 100x.

Such efficiency in data posting can be attributed to the future plan of Ethereum. Instead of focusing on maximizing the fees collected, the network emphasizes scalability and usability to accommodate a large number of transactions.

Lower Costs Fuel Growth in Layer-2 Activity

With the reduction of transaction costs, there has been a significant rise in transactions made through Layer-2 solutions. The daily transactions via Layer-2 protocols have touched over 30 million levels, which is the highest in history. It shows that reduced transaction costs are helping in bringing in more users and projects to the platform.

Lower transaction costs facilitate development by making it easy for developers to create projects and implement them. In addition, it helps users to make cheaper and quicker transactions on-chain. This combination is driving increased adoption across various use cases, from DeFi to gaming.

Ethereum Prioritizes Long-Term Scaling Over Fee Revenue

The drop in L2 fees demonstrates a deliberate decision made by Ethereum to sacrifice higher fees for low throughput to ensure extensive use. In doing so, Ethereum places itself in the position of the settlement layer where all worldwide actions can take place.

Looking ahead, a greater volume of transactions might balance out the reduced cost per transaction. A vibrant ecosystem that is increasingly utilized will create value through means other than fees. This strategy underscores Ethereum’s focus on sustainable growth rather than short-term gains.

Also Read: Ethereum Holds 60% Share in $200B Tokenized Assets Market

Filed Under: Ethereum (ETH), Altcoin News, Cryptocurrency News

Hyperliquid Launches on Trust Wallet With 0% Fees Offer

By Amrin Sanjay | Edited By Ammar Raza,April 29, 2026, 7:30 PM

Hyperliquid has officially launched on Trust Wallet, introducing a new integration that expands access to perpetual trading within the wallet. As part of the rollout, users are being offered a limited-time 0% markup on fees for three months. The move signals growing competition among wallet providers to deliver advanced trading features directly to users.

Hyperliquid is now live in Trust Wallet with 0% markup on fees for 3 months. 🚀

With @HyperliquidX and @tradexyz, expect broader market coverage; RWAs & Commodities.

200+ Perp markets & deep liquidity.

Learn more: https://t.co/0kTudBd0bm pic.twitter.com/b7B5mWvjfp

— Trust Wallet (@TrustWallet) April 29, 2026

Integration Brings Perpetual Trading to Wallet Users

With the inclusion of Hyperliquid in Trust Wallet, users can enjoy the services of perpetual futures market trading without ever having to exit their wallets. This marks another step towards the fusion of trading technology and custody technology. Users can now manage assets and execute trades in a more unified environment.

Integration brings perpetual trading to Hyperliquids wallet users
Source: Trust

Moreover, the inclusion makes it easier for those who traded derivatives via external exchanges to use such services. It makes them even more convenient and accessible for the average user, who may be more inclined to trade. This could lead to increased engagement from both new and experienced traders.

Also Read: Hyperliquid (HYPE) Consolidates After Breakout: Can a 200% Rally Still Play Out?

0% Fee Offer Aims to Drive Early Adoption

One of the notable features of the product launch will be the fee waiver promotion that will run for the next three months. The marketing strategy is meant to lure customers and make them test the trading facility. Discounts have always been important in stimulating trading activities in the early stages of development.

The reduction of trading costs may result in increased volumes of trades, especially in the early stages. People will try out new products where their financial risks are limited. This approach helps build momentum and establish a user base for the integrated service.

Access to 200+ Markets Expands Trading Options

This will enable access to over 200 perpetual markets, expanding greatly the number of tradable instruments. Such markets include not only cryptocurrency, but also investment in physical assets and commodities. The diversification is in line with the rising need for multi-asset exchanges.

The expanded access will enable users to experiment with various trading techniques and hedge their positions. The move also indicates the increasing integration between traditional and crypto markets, as more financial instruments are being tokenized. As more assets become tokenized or represented onchain, such integrations are expected to become more common.

Growing Trend of Wallet-Based Trading Ecosystems

This move represents the wider transformation that is taking place towards making wallets the complete finance management ecosystem. Wallets, which have been limited in their functions to merely being devices for holding coins, will be used for trading, investment, and other actions such as using decentralized apps. This paradigm shift will impact how individuals use the crypto landscape.

In response to growing competition, wallet developers are trying to develop wallets with more capabilities. The integration with Hyperliquid shows how providers are developing platforms that aim to trap all the user activities under one roof.

Also Read: Hyperliquid (HYPE) Gains Strength: 3 Key Signals Target $50 Surge

Filed Under: Altcoin News, Cryptocurrency News

STRC Dividend Vote Opens as Saylor Proposes Semi-Monthly Shift

By Arslan Tabish | Edited By Messam Raza,April 29, 2026, 7:00 PM

Strategy has launched a shareholder vote to change the STRC dividend of its preferred stock. This follows a proposal to change its monthly dividend payments to semi-monthly, with voting beginning on May 11 and ending on June 8.

This comes after it revealed the purchase of $255 million worth of Bitcoin on April 27. This puts the STRC dividend proposal within a series of balance sheet moves. The firm is moving towards capital allocation in line with its long-term plan.

Also Read: Strategy Holds More BTC Than IBIT, Targets Top Spot in 2 Years

STRC Dividend Payment Shift Plan

The proposed change only affects the payment frequency. It leaves the STRC dividend yield unchanged. Strategy said that this could shorten reinvestment lags. It also stated the change might help improve liquidity.

The company said the new STRC dividend structure could enhance pricing efficiency. It seeks to offer investors a more regular cash flow cycle. The structure is meant to be flexible without changing fundamental terms.

The shareholders eligible for voting are those who owned STRC shares on April 17. The vote started on April 28 following distribution of the definitive proxy. The vote will be finalized at a shareholder meeting on June 8.

If passed, the new STRC dividend policy is likely to commence later this quarter. The first record date under the new plan is June 30. The revised plan will have payments starting on July 15.

Source: Strategy

Shareholder Voting Rules and Broker Access

Strategy confirmed that shareholders can vote through brokerage platforms. Voting systems can be accessed using control numbers in proxy materials. Digital links have been shared, while physical proxy cards are available for mailed recipients.

The company pointed out that voting rules might differ for brokers. This may be particularly important for non-U.S. investors. Investors have been encouraged to check with their brokers for specific requirements.

The STRC dividend structure comes after comments from Michael Saylor at the Bitcoin 2026 conference. He characterized STRC as a variable rate perpetual preferred stock. It is currently valued close to $100 par value with a 11.5% annualized dividend rate.

The structure is part of a digital credit model, Saylor said. He noted it seeks to provide consistent cash flow and decouple Bitcoin price from dividend payments. He also referenced historical preferred capital models as part of the concept.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: BlackRock Clients Trigger Shocking $112.22 Million Bitcoin Liquidation

Filed Under: Cryptocurrency News

Bitcoin 9,905 BTC Inflow Drastically Halts $78K Breakout

By Aishwarya shashikumar | Edited By Ammar Raza,April 29, 2026, 6:30 PM

The bulls expected Bitcoin (BTC) to rise but the digital currency actually entered a downward trend. The market was prepared for trading. The charts displayed strong market indicators. The trading activity increased during the three weeks. The market experienced its first major change.

BTC experienced a net exchange inflow of 9905 BTC on April 27. The exchange received its highest single influx of digital currency for that month. Big numbers like that do not whisper. They speak clearly. The movement of coins to exchanges demonstrates a single purpose which exists to sell the coins.

The timing matters. BTC was approaching its breakout point. The traders could see the $78,000 price level. Traders expected a clean move higher. The surge in inflows created a total halt for all activities. The price of the asset experienced a complete stop. The people lost their belief in the situation.

Also Read: BlackRock Clients Trigger Shocking $112.22 Million Bitcoin Liquidation

Bitcoin Faces Pressure From Rising Inflows

The current price of BTC stands at approximately $77,738. A modest gain of 1.58%, but not enough to break resistance. The $78K–$79K range has turned into a wall.

The extended period of consolidation established an initial support level. The support level was expected to trigger a subsequent upward movement. The upward movement was anticipated to reach $80,000 and potentially exceed that value. The market situation shifted because of the incoming cash flow.

The market experiences supply increase when Bitcoin enters exchanges in large quantities. Buyers need to handle the extra supply. The price will either stop rising or decrease if buyers fail to manage the supply. The market currently demonstrates this behavior. The data presents a straightforward narrative. The momentum exists, but it faces current difficulties.

Source: X

Bitcoin Whale Ratio Signals Caution

The additional metric creates more reason to worry about the situation. The Bitcoin Exchange Whale Ratio increased to 0.707. The movement represents a significant distance. The top 10 transactions generated more than 70% of total inflows. The term whales describes active users who control large amounts of cryptocurrency.

Large holders do not move coins without reason. Their Bitcoin transfers to exchanges show they prepare for some action. They prefer to distribute their assets instead of collecting more. The situation does not lead to an immediate sell-off. The situation increases the possibility of a sell-off. The situation becomes more dangerous when it happens near strong resistance levels.

Market movements depend on actual market activities instead of optimistic expectations. The current market trends show people making cautious choices.

Bitcoin maintains its power because it has not yet experienced a breakdown. The situation remains unchanged because it has not yet reached a breakthrough point. The next market movement will happen when buyers either take in whale-driven supply or they wait for price changes to unfold.

Also Read: Bitcoin, Solana See FOMO Surge With 1.38 and 2.98 Ratios.

Filed Under: Cryptocurrency News, Bitcoin (BTC), World

Zcash Holds Strong Above $320 Support: Can ZEC Rally to $400 Next?

By Mishal Ali | Edited By Messam Raza,April 29, 2026, 6:00 PM

Zcash (ZEC) is moving in a consolidation phase as the investors are moving away from digital assets due to rising conflict between Iran and Israel and a notable increase in oil prices. According to CoinMarketCap, the ZEC price has remained stable over the last 24 hours, but it has surged by 3.82% over the last week.

At the time of writing, ZEC is trading at $332.36 with a trading volume of $504.89 million, which has declined by 14.3% over the last 24 hours. However, its market capitalization stands at $5.52 billion, which is stable.

ZEC current price

Source: CoinMarketCap 

Also Read: Zcash (ZEC) Holds $337 After Market Pullback: Can it Rebound Toward $450?

ZEC Bullish Setup Targets $400 After Retest

Furthermore, the crypto analyst TurboBullCapital highlighted that ZEC is showing strong market structure, holding a bullish setup with steady accumulation and consistent dip demand. 

The $320 level has emerged as a key area where buyers are expected to react. If this zone holds on a retest, it could confirm continued strength and sustain the broader upward trend.

Zcash (ZEC) price prediction

Source: TuroBullCapital’s X Post

In that case, momentum might propel ZEC into the $380-$400 region as liquidity builds up while testing the resistance levels. 

In addition to its technical performance, Zcash has a compelling privacy-based story, along with a vibrant community. However, a breach below the support level would weaken the set-up and move price action back to range-bound trading.

Technical Indicators Show Mixed Outlook

According to TradingView, the ZEC price has made a strong recovery since it fell to about $191.00. Currently trading at $335.50, it has managed to break through all the important EMAs, including the 200-day EMA. 

The 20-day EMA is at $330.61, which represents the important level of support as the token moves from a negative market scenario to a positive one.

ZEC technical analysis

Source: TradingView

However, even with the improvements made, there seems to be a loss of energy, and the MACD indicates this by showing a fade. 

This bearish cross and red histogram suggest that there might be a cold front ahead, and price action will come to a halt near the $355.00 level. In order for the uptrend to continue, bulls have to hold their ground at these price levels.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Zcash (ZEC) Gains Momentum After Robinhood Listing, Eyes $423 Breakout

Filed Under: Cryptocurrency News, Altcoin News

Bitcoin Holds Firm: Can $80K Flip Trigger Next Upside?

By Athulyamol VS | Edited By Ammar Raza,April 29, 2026, 5:44 PM

Bitcoin continues to develop a bullish case as it approaches breaking an important resistance level that could be the first step toward establishing its next major trend.

Bitcoin is the world’s largest cryptocurrency by market cap and remains a favored option among many investors because of its ability to act as a store of value and for facilitating and receiving decentralized transaction activities. At press time, the coin is trading at $77,097 with an increase of 0.99% over the past 24 hours.

Chart Analysis Signals Gradual Strength

Currently, TradingView’s chart reveals an area of slow upward movement in BTC as it ranges between several resistance and support levels following the recent bearish period that ended at approximately $68.0k.

As a result of this movement, the price of Bitcoin has now increased above $72.4k, which is confirmed by the previously established resistance and now acting as a support level, indicating that this price is stable. The candlestick patterns are also reflecting a series of higher lows signalling a consistent and gradual bullish market trend.

The relative strength index (RSI) is currently close to 60, which indicates that buying momentum is moderate, and therefore, Bitcoin is not currently considered overbought or oversold. Additionally, the On-Balance Volume (OBV) indicator shows very slight upward movement, indicating that accumulation of Bitcoin has occurred and, therefore, suggests continued accumulation

Overall, BTC’s technicals appear to be conducive for an eventual attempt at breaking through the 80K level, and the price has not yet established the necessary confirmation needed.

Bitcoin price analysis
Source: TradingView

Also Read: Bitcoin (BTC) Under Pressure as Whale Opens $26M Short

STH Realized Price Defines Key Resistance

Ali Charts mentions on Twitter that the STH realized price just below $79.3k is a significant level for BTC. Historically speaking, whenever Bitcoin trades under the STH realized price, the overall market is in a corrective phase, and once Bitcoin reclaims the STH realized price, it may begin a significant new price trend.

At this time, BTC continues under this level, so many of the holders in the short run are basically still at break-even. If BTC can close above $80,000 on a sustained basis, this has the potential to change how short-term holders feel about holding their Bitcoin and possibly lead to additional accumulation.

The Short-Term Holder (STH) Realized Price has truly defined the Bitcoin $BTC market structure over the past few years. This metric represents the average cost basis of investors who bought in the last 155 days—essentially the new money in the market.

When Bitcoin drops below… pic.twitter.com/CQC4BjCu4s

— Ali Charts (@alicharts) April 29, 2026

If BTC fails to break above this level, then there is a good chance for selling pressure, which may drive BTC down into the $65,000 area.

The current price of Bitcoin is at a key level; therefore, additional confirmation is required due to the overall uncertainty in the current market.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Bitcoin (BTC) Eyes Drastic $94K After 28% Surge

Filed Under: Cryptocurrency News, Bitcoin (BTC)

Bhutan Steps Up Bitcoin Sales With Fresh 100 BTC Transfer

By Arslan Tabish | Edited By Ammar Raza,April 29, 2026, 5:27 PM

On Wednesday, Bhutan moved 100 Bitcoin equivalent to approximately 7.83 million dollars in state-linked wallets. The relocation increased its total Bitcoin sales of 2026 to almost $206.98 million, according to on-chain data by Arkham Intelligence.

The nation currently has 3,421 BTC in tracked wallets. These reserves are estimated to be worth about 265 million. The progressive depreciation is an indication of a regulated decrease of the already extracted resources.

Also Read: Bhutan Transfers 250 BTC to New Wallet Amid Shrinking Holdings Trend

Bhutan Cuts Bitcoin Holdings After Peak Accumulation

In 2019, Bhutan started storing Bitcoin with excess hydropower. The initiative was run by Druk Holding and Investments. The strategy transformed surplus energy into digital resources over time.

In late 2024, holdings were over 13,000 BTC. Existing balances show that approximately 9,579 BTC is sold. The numbers indicate a definite change of accumulation to distribution.

According to recent blockchain information, there are no inflows of mining above $100,000 in over a year. This suggests mining operations have stopped. The emphasis has changed to the monetization of current holdings.

Source: Arkham

Bhutan lost more than 70% of its peak reserves since October 2024. Exchanges and OTC desks have been used to carry out transfers. There were also transactions that were made through intermediary wallets.

The majority of sales is between $5 million and $10 million. There have been bigger transfers of 500 BTC and more at various intervals this year. The trend indicates an organized and unvarying selling strategy.

Bitcoin Holdings Decline as Profits Rise

Total realized profits are estimated on-chain between $754 million and $758 million. Low-cost hydropower lowered the cost of production. Consequently, the majority of the proceeds turned to direct gains.

By October 2026, analysts forecast that the rest of the Bitcoin reserves may be exhausted. This perspective presupposes further selling. It also hinges on the absence of a restart of mining activities.

The channels differ in transaction routing. Other transfers are directly to exchanges or market makers. The rest are moved through intermediate wallets.

The approach of Bhutan is different as compared to those that possess confiscated Bitcoin. Its reserves were formed as a result of state-supported mining. The continued sales are an indication of a change of priorities towards domestic funding.

As of press time, Bitcoin (BTC) is trading at $76,601.53, showing an increase of 0.88% in the past 24 hours, with a market capitalization of $1.53 trillion, according to CoinMarketCap.

Also Read: Hong Kong Issues Stablecoin Fraud Alert Over Fake HSBC, HKDAP Tokens

Filed Under: Cryptocurrency News, Bitcoin (BTC)

Terra Classic (LUNC) Slides After Breakout: Consolidation or Reversal Ahead?

By Mishal Ali | Edited By Messam Raza,April 29, 2026, 5:00 PM

Terra Classic (LUNC) is moving in a short-term downward consolidation phase after the strong breakout from the inverse head and shoulders pattern. According to CoinMarketCap, the LUNC price has declined by 4.58% over the last 24 hours, but it is still up by 41.85% over the last week.

At the time of writing, LUNC is trading at $0.00006548 with a trading volume of $86.38 million, which has declined by 31.87% over the last 24 hours. However, its market capitalization stands at $360.7 million, which is down by 4.56%.

LUNC current price

Source: CoinMarketCap

Also Read: Terra Classic (LUNC) Shows Bullish Signs on 4H Timeframe with Ascending Channel Bounce

LUNC Holds Strong After Major Bullish Breakout

Furthermore, the crypto analyst Alpha Crypto Signal revealed that LUNC delivered a textbook breakout as a well-formed inverse head-and-shoulders pattern completed, signaling a bullish reversal. 

The price surged above the neckline with conviction, flipping resistance into support after a successful retest. This confirmation fueled a strong rally, producing an impressive 43.57% gain from the breakout zone for traders.

LUNC price prediction

Source: Alpha Crypto SIgnal’s X Post

The momentum is cooling down after the sharp move, suggesting that there may be a potential consolidation. The bigger trend will remain positive as long as the token holds the neckline support level. 

The focus is on this particular area since holding the neckline will create room for further advances, while breaking it will limit the short-term upside trend.

Technical Indicators Favor Bullish Momentum

According to TradingView, the LUNC price is establishing itself for a bullish breakout trend. After a period of consolidation, the coin jumped from $0.00004 to its peak at $0.00007 between April 23 and April 28. 

Though there is some retracement that pulled the price down to roughly $0.00006, the trend remains bullish with higher lows forming along the way.

LUNC technical analysis

Source: TradingView

The technical indicators also prove that the momentum is still in place. The EMAs 20/50/100/200 are showing an upward trajectory, which creates a dynamic floor as they diverge from one another. 

It is observed that the price touched the upper line of the Bollinger Bands and is now consolidating near the middle line.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: LUNC Price Analysis Shows Breakout Risk as $0.0001 Nears

Filed Under: Cryptocurrency News, Altcoin News

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