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Pi Network’s price remains under pressure at $0.63, with investors pulling back despite its mainnet migration roadmap. The next few days will determine if the altcoin can avoid a deeper decline.
PIXEL is making a dramatic comeback with a 150% price surge in April, defying the GameFi downturn. Strategic updates and a social buzz have reignited investor interest in this pixel-art game on Ronin.
Ethereum's value relative to Bitcoin just hit a 5-year low, fueled by aggressive sell-offs from major institutions. With weak staking yields and rising BTC dominance, ETH faces mounting headwinds despite long-term growth prospects.
Solana (SOL) has outperformed its peers in the top 5 in the past week as the Fartcoin hype pushed transaction volumes higher.
- 16:57Federal Reserve Governor Waller: The Independent Structure of the Federal Reserve Has Proven Its ValueAccording to a report by Jinse Finance, Federal Reserve Governor Waller stated that the structure of the Federal Reserve Board has "stood the test of time" and should be preserved. Members of this structure cannot be dismissed due to policy disputes and are staggered with the presidential term. Waller cited earlier research by himself and others, saying that the Fed's system allows each U.S. president, with a four-year term, to appoint some members of the seven-member board, thereby achieving electoral accountability, while the term of up to 14 years enables the Fed to make objective, non-partisan decisions. Waller stated, "This is the structure that the Fed currently employs. I believe it has stood the test of time, and I hope it continues to exist in the coming years."
- 16:57SOL Short Liquidation Volume on Solana Chain Exceeds Centralized Exchanges, Reaching $47 MillionAccording to SolanaFloor monitoring, in the past 24 hours, the liquidation volume of SOL short positions on Solana's native perpetual contract exchange reached $47 million, surpassing the $31 million liquidation scale of centralized exchanges.
- 16:57Goldman Sachs: US Stocks May Drop About 20% Due to "Recession Risk"According to a report by Jinse Finance, Goldman Sachs stated that the U.S. stock market faces a risk of nearly 20% decline, with recession posing a significant risk to the stock market. In a podcast on Thursday, Goldman Sachs' Chief Economist Jan Hatzius and Chief Global Equity Strategist Peter Oppenheimer appeared particularly cautious. Hatzius reiterated the expectation that "the probability of a U.S. economic recession in the next 12 months is 45%," acknowledging that recent data has been mixed, with weak soft data such as sentiment surveys and better hard data like the latest non-farm employment figures. Goldman Sachs' Chief Political Economist Alec Phillips warned that comments by the U.S. President regarding the trade agreement with the UK suggest that many countries will ultimately face higher tariffs than before Trump's re-election.