On June 7, four sources said that several conservative European Central Bank policymakers on Thursday regretted too clearly signaling that interest rate cuts were imminent, and some of them even said that they might vote for June if they had not made previous commitments. The European Central Bank cut Intrerest Rate from record highs on Thursday in light of falling inflation, with only Austrian Central Bank President Holzmann opposing. Ahead of the meeting, longing policymakers supported a rate cut, with Deputy Governor De Guin Longing even saying that a rate cut was a fait accompli. However, in the final weeks leading up to the meeting, a flurry of worrisome wage and price data changed the outlook and cast doubt on the Central Bank's claim that inflation will return to target by mid-2025, with bumps in between.

Oil prices edged higher on signs of tightening supply and decreasing geopolitical risks, keeping prices within a narrow range. Last week, Manager Jin reduced his net long positions in Brent crude and West Texas Intermediate crude by the largest amount in five months, indicating weakening market sentiment. Iraq sent mixed signals over the weekend regarding its production trend, initially stating that it had already cut enough production and would not agree to further cuts. However, Iraq's Oil Minister later changed his statement, saying that Iraq would abide by any decision made by the organization. OPEC's next meeting is scheduled for June 1st. Prior to that, oil traders are eagerly awaiting a flurry of data this week. In addition to OPEC and the International Energy Agency's monthly reports, US inflation data will also be released in the coming days, which will impact people's views on the direction of US Federal Reserve interest rates.

On May 2, Federal Reserve Chairman Jerome Powell's remarks after the FOMC meeting may not be able to appease weak U.S. stock and bond market investors, as uncertainty about the path of inflation has strengthened the focus on upcoming economic data. While Powell acknowledged the Fed's recent lack of progress in fighting inflationary rise, he reiterated his view that interest rates could be cut this year. However, some investors believe that the market is unlikely to believe Powell's words this time, as the Fed made a high-profile dovish pivot in December, but inflation and employment data unexpectedly rising in the following months. A flurry of strong economic data could reignite interest rate hike fears and trigger further turmoil in the stock and bond markets.

On April 30, the French economy accelerated rise in the first quarter, which increased the likelihood of the eurozone recovering from a mild recession. France's preliminary Q1 GDP rises at 0.2% q/q as domestic demand picks up, compared with analysts' expectations of 0.1%. A flurry of data is expected to show that the outlook for the eurozone is improving. The Central Bank's possible coin easing should inject a long wick candle into the market from June.

Thomas Kim, a trader at Presto, said: "After the Bitcoin Halving, the market Fluctuation weakened. Bitcoin the actual Volatility in the last three days is well below the implied Volatility of the Bitcoin Options, investors may still need to gauge macroeconomic variables. ” Justin dAnethan of Keyrock, an Asian encryption market maker, said in an interview that traders were hesitant to decide what position to take, "It's an interesting market, albeit not very dynamic, both in terms of Crypto Assets and in terms of tradition." Traders can't seem to decisively turn bullish or falling, as evidenced by the fact that prices remain the same. ” dAnethan continued, "There is a flurry of negative news that is putting pressure on the market," such as the SEC's clear desire to postpone (Ethereum Spot) ETF filings, U.S. President Joe Biden's comments on crypto mining, and the continued outflow of funds from encryption investment products. "On the other hand, and probably on the more optimistic side, the pullback that we saw last week, mainly caused by some leveraged long Close Position, may have cleared some of the bubbles and kept us at a respectable level with some capital invested," it added. ”（CoinDesk）

$9.5 Billion in Bitcoin Options Set to Expire This Friday: Market Turmoil Coming? This Friday, the focus shifts to what is expected to witness the expiration of more than $9.5 billion in open interest in Bitcoin options. Open interest is the total number of open derivative contracts (e.g. futures or options) that have not yet been settled or closed. It represents the number of contracts held by market participants at the end of each trading day. The surge in open interest reflects increased market participation and marks an increase in liquidity, marking a notable milestone in the crypto derivatives space. Notably, this event is significant in two ways: it underscores the growing interest in Bitcoin as an asset class and highlights the growing "complexity" of the cryptocurrency market. This is because open interest can also serve as a key indicator of market health and trader sentiment. As a result, record levels of open interest expiring indicate a "dynamic trading environment" with more and more investors participating in complex financial instruments such as options. According to the data, this will be one of the largest option expirations ever, with $9.5 billion worth of Bitcoin options expiring at the end of the month. This figure represents a significant portion of total open interest ($26.3 billion), accounting for about 40%. The scale of the maturity event exceeded that of previous months, with a total of $3.74 billion and $3.72 billion due at the end of January and February, respectively. This trend indicates a significant increase in market activity and investor engagement on the platform. The impending expiration has a significant impact on the market, especially given the current pricing dynamics of Bitcoin. With the Bitcoin spot price hovering below $70,000, an estimated $3.9 billion of open interest will expire "in-the-money," providing an opportunity for holders of these options contracts to make a profit, analysts said. The "maximum pain" price is determined at $50,000 and represents the strike price at which the highest number of options expire worthless, resulting in the greatest financial loss to the option holder. Analysts said the situation suggests that a large number of traders are expected to benefit from the current market conditions, which could lead to an "increase in buying activity" when these options are exercised. In addition, analysts speculate that a high level of "in-the-money expiry" could exert upward pressure on Bitcoin's price or amplify market volatility. They added that as traders "hedge their positions" or "speculate on future price movements," there could be a flurry of activity in the market that could affect Bitcoin's price trajectory in the short term. Against this backdrop, Bitcoin has retraced slightly from its recent all-time high above $73,000, with the current price correcting to around $68,946. (Source: Samuel Edyme)

Analysts Make SLERF Price Prediction, Who Is Next 200x Memecoin? Currently, the meme coin is making waves due to its crazy price growth. Solana memecoins, like SLERF, have become popular because they allow people to make a lot of money quickly. However, SLERF recently ran into an issue where $10 million worth of tokens was accidentally burned. Now, it's uncertain what will happen to the price of SLERF in the future. In this article, we'll discuss the journey of SLERF, including its rise and challenges. We will also make a prediction on the SLERF price to see if there is any hope for early pre-sale buyers. Despite the challenges faced by SLERF, there is still a beacon of hope that shines: Pikamoon. As we delve into SLERF's journey, we will also discover the potential of Pikamoon as a promising alternative for investors looking for more stable and valuable investment opportunities. SLERF is a meme coin launched on the Solana blockchain that quickly became a sensation with its unique sloth-themed design. The story of SLERF began at a time when meme coins, especially those on the Solana blockchain, gained huge popularity. With the success of meme coins like BONK and BOME, developers started looking for new platforms to launch their own meme tokens. SLERF entered the scene during the surge in interest, taking advantage of the growing popularity of the meme coin on Solana to attract its initial investors and supporters. The pre-launch phase of the project was filled with a great deal of excitement and anticipation, as evidenced by the $10 million raised during the pre-sale. This initial success is a testament to the project's appeal in the meme coin community and hints at the potential for a strong debut in the market after its official launch. After accidentally burning $10 million worth of tokens, the launch of SLERF faced significant challenges that cast doubt on its future prospects. The developer who oversaw SLERF had a major setback when it burned down a large amount of money for the project. The incident occurred in an attempt to manage the project's liquidity, resulting in the accidental loss of presale investors' tokens. The incident caused an uproar in the community, leaving many people confused and questioning the developer's capabilities. In the wake of the accidental burndown, there has been a flurry of emotional reactions from both the SLERF community and the broader crypto space. Many investors have expressed frustration and disappointment, disappointed with the project and uncertain about its future. Questions have been raised about the integrity of the project and the responsibility of the developer, sparking speculation about the true nature of the incident. Despite the setbacks, SLERF continues to launch as planned and is listed on several cryptocurrency exchanges as planned. However, the negative attention sparked by the accidental burnout affected the project's listing. This has led investors to take a cautious approach, as they are unsure of SLERF's ability to recover from the incident and rebuild trust between communities. In the wake of SLERF's chaos, investors are looking for safer, more transparent, and well-positioned options for growth. That's where Pikamoon comes in. It is a new cryptocurrency that combines meme coins with games to create something unique. It's not just about making quick bucks – Pikamoon has a real use in the game, making it more stable and reliable. Pikamoon is like a breath of fresh air in the world of cryptocurrency, offering investors the opportunity to participate in exciting things while also laying a solid foundation. The current price of SLERF is $1.01 with a trading volume of $1,742,254,888 in the last 24 hours. This represents a significant increase of 53.41% during this period. While the circulating supply is also unavailable, the maximum supply of SLERF tokens is 499,997,751. SINCE ITS LAUNCH, SLERF HAS EXPERIENCED AN ASTONISHING SPIKE, WITH ITS PRICE SOARING BY MORE THAN 200% IN JUST TWO DAYS. However, despite the impressive performance, SLERF still faces resistance near the $1.23 mark and struggles to break through this key level. This resistance has led to a decline in buying pressure, suggesting a possible reversal in the near term. If SLERF fails to break above the $1.23 resistance level, sellers may gain control, causing the price to drop to the $0.78 level and possibly even to the $0.64 support level. On the other hand, a successful break above $1.23 could push SLERF to new highs, with potential targets set at $1.78 and then $2.3, a massive 130% increase from the current price level. While SLERF shows great potential for growth, investors looking for greater returns can consider exploring other tokens such as PIKA, which offer better prospects for achieving massive 200x growth. Pikamoon isn't just another meme coin; It is a groundbreaking project that seamlessly combines meme coin elements with GameFi (Game Finance) to provide users with an immersive and rewarding gaming experience. By creating Pikaverse, a virtual world powered by Unity known for its stunning visuals and engaging gameplay, Pikamoon takes players into a realm where they can explore, compete, and interact with others while earning rewards in the form of Pikamoon tokens ($pickup). What sets Pikamoon apart is its dual use as a meme coin and GameFi token. While $PIKA retains the potential for price spikes like meme coins, it also has tangible value in the gaming space. Players can utilize the $PIKA to acquire in-game assets, unlock new levels, and participate in various activities within the Pikaverse, adding a layer of utility and depth to the token's functionality. While SLERF's journey may have hit obstacles, it's crucial to look to the future with optimism. In the world of cryptocurrency, setbacks are not uncommon, but they often lead to new opportunities. That's where Picarmon comes into play. With an innovative approach to combining Meme coins with GameFi, Pikamoon offers a fresh perspective and a promising path forward. As Pikamoon prepares to go live on a centralized exchange, this marks a significant milestone in its journey to become a trusted player in the cryptocurrency market. By prioritizing community engagement, strategic partnerships, and immersive gaming experiences, Pikamoon is poised to take its place in the crypto world. (Source: NewsBTC)

Pepe Coin PEPE Soars Over 250% – Will March Bring More Long Surprises? There are Long surprises during the Bull Market. Sometimes, during a bull market, Tokens that have been falling or are thought to be dead may rise again, while Tokens with flawed models can self-correct. In the case of PEPE, it was thought that it had lost its value and utility, but recently it has gained attention and accumulated a lot, and this is the case. With Bitcoin prices nearing their peak and the market rebounding, there has been a flurry of activity in the Crypto Assets space. Memes have benefited greatly from this revival because they are widely popular and inexpensive, attracting a wide variety of investors. Pepe Coin stood out in this surge of interest, ranking third in the meme coin rankings, behind Shiba Inu (SHIB) and DOGE (DOGEE). This rise indicates that investors are becoming more interested. The trajectory of PEPE is very Long, becoming a multibillion-dollar asset at a time when there is speculation of a huge trend reversal. The Market Cap increase of meme coins is increasing dramatically. After analysis, the weekly and daily chart patterns show sustained growth and are likely to reach new heights. In February, Pepe's worth began to climb, soaring by 200% in just one week. Today, Pepe hit a high of $0.0000041 and is up an impressive 255% over the weekly time. The coin's performance on the 24-hour timeframe was equally remarkable, with an increase of nearly 50%. The weekly chart shows that Pepe's value is still above the key resistance level, indicating that the market is confident that further gains are possible in the future. If the market pushes the price above the $0.00000280 barrier, the Long will regain momentum and challenge the price's upper resistance at $0.00000315. Moreover, if the Long maintain control of the market, the price will rise further and be ready to test the upper limit of $0.00000350. At the same time, a notable scenario occurred, where six well-known Wallet traded and sold about $2 trillion in PEPE Token between them. Sales from the deal totaled about $4.37 million, while profits were close to a staggering $2 million. Token trading of this size is indicative of the extent of market activity around $PEPE during this rally. Despite the lack of Ethereum's technical complexity, its strength lies in the active participation of the community and the ability of social media to be ubiquitous. Similar to other meme coins, Pepe Coin experiences significant fluctuations in value due to celebrity endorsements and community sentiment. This makes it a potentially lucrative investment opportunity for individuals adept at navigating the volatile realm of internet meme culture. With Pepe Coin experiencing a staggering 250% spike, all eyes are on the unpredictable Crypto Assets' movements in March. As investors eagerly await further developments, the question remains: Will Pepe Coin continue to exceed expectations and surprise Longer next month? (Source: Christian Encila)

Shiba Inu holdings lag behind the general cryptocurrency market, and what this means for the price Open interest (OI) across the cryptocurrency market has grown steadily over the past few months. But Shiba Inu's open interest doesn't seem to follow this trend like others. Despite a significant increase in open interest in the industry's largest cryptocurrency, the rise in Shiba Inu remained relatively modest, which had an impact on the altcoin's price. At the start of the current bull market, open interest in Shiba Inu initially started to pick up in August. However, in the following months, open interest fell significantly, while open interest in other top cryptocurrencies soared sharply. The data shows that Shiba Inu's open interest topped $43 million in August alone, but it is difficult to get back to that level. Since then, open interest has declined and continues to hover just below the $20 million level. Now, while this isn't out of place for altcoins, it's skewed when it comes to following BTC trends. SHIB's most important competitor DOGE followed the trajectory of BTC, with open interest remaining low in October before exploding in November. To put this into perspective, DOGE's open interest fell to $226 million in October before surging to $520 million in November. However, Shiba Inu's holdings have been struggling, holding a low of $17 million in November before rising slightly to $18 million in December. This is in stark contrast to open interest in BTC and DOGE, where there has been a flurry of activity in BTC and DOGE as prices have recovered. Another way Shiba Inu deviates from the rest of the cryptocurrency market is that the price is not directly proportional to the open interest. While the prices of currencies such as BTC and DOGE have risen in line with the surge in open interest, the price of SHIB is still quite high, while open interest remains quite low. This suggests that the increase in open interest is not actually one of the main factors driving the price of SHIB. Therefore, unlike other cases, a plunge in open interest may not translate into a plunge in price. However, Shiba Inu continues to keep a close eye on the recovery of the BTC, so a drop in the price of BTC could weigh heavily on the price of SHIB. (Source: Scott Matherson)

Solana dominates the crypto conversation with a 42% price increase After a significant price increase over the past week, Solana (SOL) has dominated social media discussions in the cryptocurrency space. According to crypto analytics platform data, Solana was the most popular coin on November 13. Solana's price has soared by 42% in the last 7 days, rising from around $40 to over $57. This impressive price increase has sparked a flurry of social media activity and discussion around the Solana blockchain and its native SOL token. Solana currently has a market capitalization of $24.12 billion, making it the seventh-largest cryptocurrency, behind USDC. Such metrics also make the network more valuable than Fujitsu's $24.16 billion market cap or Roblox's $23.96 billion market cap. Santiment data shows that 51.03% of social media discussions about Solana over the past day were positive. This shows that the community has shown strong interest and support for Solana's recent price increase. However, 33.19% of social interactions were negative. (Source: Adrian Zmudzinski)

Shiba Inubi Makes Its Weekend, Price Jumps 15% On Friday afternoon, Shiba Inu rose sharply after a consolidation phase. According to the data, SHIB Coin is trading at $0.0000094, having retraced 4.43% over the past 24 hours. The highlight of SHIB's solid upward trajectory was an impressive 15.1% gain over a 7-day time frame. The token’s 24-hour trading volume was up 236% in the last data set to $683 million. Its market capitalization also increased by 12.3% to $5.81 billion. Enthusiasm for cryptocurrencies has also grown in recent days ahead of the debut of Shibarium, Shiba Inu's blockchain initiative. According to the developers, Shibarium is expected to provide an alternative to the Ethereum blockchain. It is expected to be faster, more energy efficient and reduce the total supply by burning. Shiba just had a major achievement, with the highest total social and marketing activity compared to the entire cryptocurrency market. This achievement is notable because of the increasing market influence of the Shiba Inu. In addition to dominating the market, it also excels in social engagement. In particular, SHIB has overtaken 4,481 other currencies to take the number one spot on ranking sites. The cryptocurrency has seen a flurry of activity over the past 24 hours, recording a staggering 200,365,743 social interactions. (Data source: Christian Encila)

$ADA$ HYSTERIA (PART 3) Adding fuel to the fire, the SEC, in its recent spat with US crypto exchanges, slapped ADA with the 'security' tag. This may well be sparking the uptick in transaction volumes as panic selling sets in. The number of ADA whales has dwindled from 158 to 142, accounting for a 3% drop in the total token supply. Now, retail investors are filling the void left by their departure, indicating a changing of the guard, as the big fish offload their tokens onto the small fry. According to data by Gate.io cryptocurrency exchange, daily active addresses have shot up by 41.5% in the last week, thanks to a flurry of DeFi activity that's pushed the Total Value Locked (TVL) to annual highs. Total ADA addresses are also on the rise, signalling an influx of Cardano virgins alongside those keen on spreading their assets across multiple wallets. Interestingly, Twitter sentiment is resoundingly pro-ADA, with the tweet sphere buzzing with over 12,000 positive tweets versus a paltry 1,500 negative ones.