Pi Foundation is launching an ecosystem venture fund, investing $100 million in projects that help boost the utility of its token.

Pi Foundation launches $100m fund for startups to power ecosystem growth

Cryptocurrencies, precious metals, and equities all slipped today after an 
energetic rally that carried markets higher over the past week and a half. 
Signs of fatigue are emerging, with momentum stalling across several asset 
classes. Meanwhile, bitcoin dropped to a mid-day low of $102,622. Markets 
Begin to Lose Steam BTC touched $102,622 during Wednesday’s mid-day […]

From Boom to Burnout: Stocks, Crypto, Precious Metal Markets Cool After Frenzied Rally

Solana (SOL) has officially broken above the Ichimoku Cloud on the daily 
chart, a key technical signal that often marks the beginning of a bullish 
trend reversal. After weeks of sideways movement and uncertainty, this 
decisive breakout suggests that momentum is finally shifting in favor of the 
bulls. While confirmation from volume and follow-through price action is still 
needed, the technical outlook is becoming increasingly optimistic. Solana 
Ichimoku Breakout And Momentum Check Solana&#8217;s breakout above the Ichimoku 
Cloud is more than just a technical checkpoint; it marks a critical shift in 
its market structure and trader sentiment. This breakout represents a move 
from uncertainty to confidence, as buyers begin to gain the upper hand after a 
period of consolidation and hesitation. Related Reading: Solana At A 
Crossroads: Consolidation Before The Next Major Surge? So far, momentum 
indicators are leaning bullish, providing early signs that Solana may be 
entering a new upward phase. One of the most notable signals comes from the 
Moving Average Convergence Divergence (MACD), which has recently made a 
positive crossover. Not only has the MACD line crossed above the signal line, 
but the two lines have now moved above the zero line. This double confirmation 
strengthens the signal significantly. When the MACD and signal lines rise 
above zero, it typically marks the transition from bearish to bullish 
territory, indicating that momentum is not just shifting but accelerating in 
favor of the bulls. However, a clear uptick in volume is essential for SOL to 
sustain and build on this breakout. Volume is what turns a breakout into a 
trend, and without it, upward momentum can quickly stall. If volume starts to 
pick up alongside continued price strength, it could ignite the next leg up, 
potentially pushing Solana toward key resistance levels. Key Levels To Watch 
Now As Solana begins to show signs of a bullish reversal, identifying and 
monitoring key price levels becomes essential for both short-term and long- 
term investors. These levels act as decision points where price action is 
likely to react, facing resistance or finding support. Related Reading: Solana 
Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst On 
the upside, it can be observed that the immediate resistance of $164 has been 
cleared, with SOL now attempting a move toward the $211 resistance level. A 
clean breakout above this area, especially backed by strong volume, would open 
the door for a rally toward the $240 mark. Beyond that, $260 remains a major 
resistance to watch, marking a key round number and prior rejection area. On 
the downside, $164 now serves as the nearest support following the recent 
breakout above the Ichimoku Cloud. Holding above this level is crucial to 
maintain the current bullish structure. A breakdown below it could drag Solana 
back to the $148–$118 support range, where buyers previously stepped in. 
Featured image from Adobe Stock, chart from Tradingview.com

Solana Flips Bullish: Price Climbs Above Ichimoku Cloud With Strong Momentum

Flare is launching a new way to give XRP DeFi capabilities, without relying on 
unsafe blockchain bridges.

XRP takes real step into DeFi with Flare’s FAssets upgrade

Top House Democrats are pressing the Treasury Department to release all 
suspicious activity reports related to Donald Trump’s crypto ventures, Elon 
Musk’s America PAC, the GOP fundraising platform WinRed, and several alleged 
scam PACs. The May 14 letter, signed by…

Democrats demand treasury reports on Trump crypto, Musk PAC

Galaxy Digital, owned by billionaire Mike Novogratz, received an upgrade to 
its buy rating from a major financial firm.