Invest ideasNews
8 Apr 2026, 12:38
Ondo Finance forecasts further decline after brief price increase
Ondo Finance saw a significant price uptick but still faces a mainly bearish outlook. The market sentiment is currently dominated by extreme fear, with technical indicators suggesting potential further declines. Continue Reading: Ondo Finance forecasts further decline after brief price increase The post Ondo Finance forecasts further decline after brief price increase appeared first on COINTURK NEWS .
8 Apr 2026, 12:37
TAO eyes breakout above $377 as bullish momentum builds
The market conditions have been choppy in recent weeks, with Bitcoin bouncing between $65,000 and $72,000. However, TAO, the native coin of the Bittensor project, has been one of the steady performers during that period. TAO is currently trading at $341 on Wednesday after surging by nearly 10% so far this week. Improving sentiment across the derivatives market supports a bullish outlook for TAO, while technical analysis suggests a continuation of the bullish trend, aiming for levels above $400 in the upcoming days. TAO rallies as derivatives data support a bullish bias TAO is up by 9% in the last 24 hours and is now trading at $341 per coin. The rally comes amid improved retail demand for the coin. Data obtained from CoinGlass shows that TAO’s futures Open Interest (OI) reached a record high of $554.98 million on March 26 and, despite a slight pullback, remains on an upward trajectory, standing at $413.65 million as of Wednesday. The surging OI indicates new or additional money entering the market and new buying, which could fuel a second leg higher in the TAO price. Additionally, TAO’s funding rate flipped positive on Tuesday and stands at 0.008% on Wednesday, indicating that longs are paying shorts. Usually, when funding rates turn positive, TAO’s price has significantly increased. In addition to the bullish derivatives data, market sentiment also supports a risk-on stance amid easing geopolitical tensions between the US and Iran. The announcement of a two-week ceasefire could further fuel TAO’s upward momentum. TAO bulls aim for levels above $400 The TAO/USD 4-hour chart is one of the most bullish among the top 30 cryptocurrencies by market cap. The near-term bias for this coin remains extremely bullish as TAO holds well above the 50-day, 100-day, and 200-day Exponential Moving Averages near $258-$275. The strong support around these levels keeps the broader uptrend intact despite the recent pullback from the $377 area. The momentum indicators also show that TAO could be preparing for another leg up over the coming hours or days. The Relative Strength Index (RSI) on the 4-hour chart at 70 stays in positive territory without showing outright overbought stress. Meanwhile, the Moving Average Convergence Divergence (MACD) line climbs toward the signal line above zero, suggesting fading bearish pressure after the correction. If the $377 resistance level holds, TAO’s price could slip lower in the near term and could retest the immediate support at $298, which roughly aligns with the 38.2% Fibonacci retracement at $294, measured from the $142 low to the $539 high. Currently, TAO is trading at $341, which aligns with the 50% FIB retracement. If the daily candle closes above this level, TAO could retest the $377 swing high before rallying towards the $388 resistance zone. An extended bullish scenario would pave the way for TAO to hit the $400 psychological mark for the first time in 2026. The post TAO eyes breakout above $377 as bullish momentum builds appeared first on Invezz
8 Apr 2026, 12:30
Bitcoin Climbs Back Above $72K As US-Iran Ceasefire Sparks Market Rally
Bitcoin moved back above $72,000 after US President Donald Trump said he would pause military action against Iran for two weeks, a shift that quickly eased pressure across markets. The move came after days of rising tension and landed just hours after Trump had warned Tehran to reopen the Strait of Hormuz or face strikes on key infrastructure. Trump’s Deadline Eases Pressure Trump made the announcement in a Truth Social post on Tuesday. “I agree to suspend the bombing and attack of Iran for a period of two weeks,” he said. Iran’s Supreme National Security Council then accepted the ceasefire , while stressing that the pause did not mean the war was over. Bitcoin jumped 2.55% in the hour after the news and reached $72,150 at the time of publication. The rebound pushed Bitcoin above a level it had not seen since March 18. It also came after a rough stretch for the crypto market, where sentiment had weakened and traders had been bracing for more conflict. The last few sessions had been marked by caution rather than confidence. That reaction fit a pattern seen before. When geopolitical stress climbs, risk assets often take a hit. When the pressure eases, money can move back just as fast. Bitcoin has been caught in that swing during past flare-ups, and this one was no different. NEW: The United States and Iran agreed to a two-week ceasefire brokered by Pakistan on April 7 and will begin negotiations in Islamabad, Pakistan, on April 11. The Iranian Supreme National Security Council announced that the regime agreed to the ceasefire on April 7, several… pic.twitter.com/HXJssnavbX — Institute for the Study of War (@TheStudyofWar) April 8, 2026 Fear Still Lingered In Crypto Trading Even after the pop, the market picture was far from calm. Market observers pointed to the Crypto Fear & Greed Index, which sat at an “Extreme Fear” reading of 11 on Tuesday. That suggested many traders were still wary despite the price bounce. Trump had already added to the tension a day earlier, saying on Monday that “a whole civilization will die tonight” if the situation continued. By Tuesday, the tone had changed, but only for now. The ceasefire was tied to a short window, not a lasting settlement. A Fast Move, But A Fragile One The speed of Bitcoin’s rise showed how quickly traders were ready to buy when the threat of more fighting eased. The price crossed $72,000 for the first time in 20 days, but the backdrop was still unstable, with both sides signaling that the conflict was not fully resolved. For now, the market is treating the pause as relief, not closure. Bitcoin’s jump was sharp, but it was built on a ceasefire that could still shift if talks break down or the fighting resumes. Featured image from Reuters-Yonhap, chart from TradingView
8 Apr 2026, 12:22
Bitcoin trading intensifies in the $60,000–$70,000 range as investors position for support levels
Bitcoin trading surged between $60,000 and $70,000, involving roughly 1.85 million coins. Glassnode data highlight decreasing volume in the $70,000–$80,000 range compared to lower levels. Continue Reading: Bitcoin trading intensifies in the $60,000–$70,000 range as investors position for support levels The post Bitcoin trading intensifies in the $60,000–$70,000 range as investors position for support levels appeared first on COINTURK NEWS .
8 Apr 2026, 12:12
Morgan Stanley Debuts Bitcoin ETF as Price Slump Rattles Holders
Morgan Stanley is set to become the first Wall Street bank to launch its own Bitcoin-tracking exchange-traded fund, a milestone for the digital-asset ecosystem that underscores how deeply the original cryptocurrency has embedded itself in the financial mainstream — even as the market around it has cooled.
8 Apr 2026, 12:09
Solana on the Verge of Reclaiming $90 as SOL Price Jump 8%
Solana has joined multiple altcoins seeing a mild rally as on-chain metrics flip bullish.
