Among the top movers, privacy-focused cryptocurrency Zcash (ZEC) stole the spotlight. The token surged by more than 70%, reaching its highest level since May 2022, sparking renewed interest in the altcoin sector. 

Altcoins Take the Lead 

While Bitcoin and Ethereum advanced modestly, altcoins experienced a stronger rally. Several DeFi tokens posted significant price gains. Notably, Ethena (ENA), Curve (CRV), and Raydium (RAY) stood out with growing trading volumes. 

Market analysts suggest this rally was partly fueled by weakness in the U.S. dollar. The looming risk of a U.S. government shutdown pushed gold to record highs, indirectly boosting demand for cryptocurrencies. 

Market Analysis and Technical Outlook 

In derivatives markets, open interest remained elevated at around $31.69 billion, signaling that leveraged positions are still dominating. 

Options activity presented a mixed picture. Short-term traders favored puts, yet calls held the majority share of overall trading volume. Funding rates across major exchanges remained positive, showing stronger demand for long positions. 

Over the past 24 hours, total liquidations reached $644 million, with 62% coming from short positions and 38% from longs. This highlights how quickly the market can reverse direction. 

Key Highlights: 

• Bitcoin and Ethereum up nearly 3%. 
• Altcoins posted double-digit gains. 
• Zcash surged 71%, hitting a 16-month high. 
• DeFi tokens gained traction with higher volumes. 
• $644 million worth of positions liquidated in 24 hours. 

Technical indicators show several assets entering overbought territory. This increases the probability of a short-term correction. However, rising trading volumes and investor momentum could pave the way for another wave of crypto market growth. 

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Crypto Market Rallies: Altcoins Lead, Zcash Hits 16-Month High appeared first on Coin Engineer.

The Producer Price Index (PPI) data will be published on August 14. PPI is the last key metric to guide the Fed’s monetary policy outlook. The Fed has kept interest rates unchanged. In addition, expectations for a rate cut in September remain in place. These figures will play a role in shaping the possible decision. On the same day, US jobless claims will also be announced, with expectations at 220K compared to the previous 226K. 

Jackson Hole, Trade Tensions, and Company Developments 

The Jackson Hole Economic Symposium will be held from August 21 to 23. Organized by the Kansas City Fed, the event will bring together central bank governors, economists, and financial leaders. Fed Chair Jerome Powell’s remarks at the event are expected to influence market sentiment. 

In the crypto space, on August 11, Binance will delist $DEFI and $MEMEFI futures contracts. On August 12, Stellar (XLM) will publish its Q2 2025 report. Meanwhile, Orca DAO’s vote on using 55,000 Solana from its treasury for $ORCA buybacks will end the same day. 

On August 14, Lido (LDO) will hold a forum discussing its roadmap and long-term plans. On August 15, three significant events will take place. In the US, Donald Trump will meet Vladimir Putin in Alaska. FTX will make new payments to creditors as part of its bankruptcy process. In addition, SharpLink Gaming, dubbed the “MicroStrategy of Ethereum,” will release its earnings report 

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post US Inflation, PPI, and Key August Market Events appeared first on Coin Engineer.

Resistance Zone Becomes the Battleground

BONK surged significantly today, riding on bullish sentiment and renewed interest. However, it is currently facing a strong resistance band between $0.0241 and $0.023. This range has historically acted as a rejection zone for further upward momentum.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

A confirmed breakout with daily closes above this range is essential for the rally to continue. Otherwise, a rejection from this level may drag the price down toward the $0.0201 – $0.0191 support area.

High Volatility Signals Need for Caution

The current price movement of BONK is highly volatile, making it risky to enter new positions without confirmation. Indicators suggest increased uncertainty in the short term. Traders should be cautious and avoid acting impulsively amid such market conditions.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post BONK Faces a Make-or-Break Moment Amid Price Surge appeared first on Coin Engineer.

Our analysis shows that FET has touched the descending trendline resistance on the 4-hour chart. The price reaction from this level will likely determine its next direction.

Breakout Could Target $0.75 and Above

If this descending trend is broken with strong volume, the price could gain upward momentum toward the $0.75 zone and potentially beyond. A successful breakout would indicate a shift in short-term market sentiment toward the bulls.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

In such a case, buyers might regain control, pushing FET back toward previously tested resistance levels.

Rejection Brings Focus to $0.65–$0.61 Support Zone

However, if FET gets rejected at this level, a retracement toward the $0.65–$0.61 range could follow. This area serves as both psychological and technical support and is critical for maintaining the current structure.

The next few candles and trading volume will likely reveal whether this trendline marks a reversal or continuation point.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post FET Faces Key Resistance: Will It Break or Retrace? appeared first on Coin Engineer.

Monday: Focus on Central Banks and Crypto World 

The new week begins with the Bank of Japan’s (BoJ) interest rate decision. Statements from BoJ could directly affect global risk appetite. Especially if a quantitative easing announcement is made, interest in risky assets is expected to increase. On the crypto front, announcements from Kadena (KDA) and EVM (Ethereum Virtual Machine) will be important for followers of these ecosystems. 

Read: Major Token Unlocks Set to Impact Crypto Market: June 16–22, 2025

Tuesday: Starknet Staking V2 Goes Live 

All eyes in the crypto world will be on Starknet (STRK) on Tuesday. The launch of Starknet Staking V2 on the mainnet may create new opportunities for STRK holders and boost activity within the project’s ecosystem. 

Important Binance Announcement: 
Also on Tuesday, Binance will delist some margin trading pairs starting from June 18, 2025,06:00 UTC. This means investors trading these pairs will need to review their positions. 

• Delisted Cross Margin Pairs:
  MOVE/BTC
  ONE/BTC
  RUNE/FDUSD
  TFUEL/BTC
  TNSR/FDUSD
  USUAL/FDUSD 
• Delisted Isolated Margin Pairs:
  ONE/BTC
  TFUEL/BTC
  TNSR/FDUSD
  USUAL/FDUSD 

Wednesday: Inflation and FED Decision Will Shape Markets 

Wednesday will be one of the busiest days on the global economic calendar. The Eurozone annual inflation data will be released (expected 1.9%, previous 2.2%). This data is an important signal for the European Central Bank’s (ECB) future monetary policy moves. 

In the evening, all eyes will be on the US as the Federal Reserve (FED) announces its interest rate decision (expected 4.5%, previous 4.5%). Besides the rate decision, FED Chair Jerome Powell’s statements will be decisive for the market direction. Whether Powell adopts a hawkish or dovish tone will directly affect the dollar and other assets. 

Thursday: US Markets Closed, TCMB Decision 

US stock markets will be closed on Thursday due to a public holiday. This may cause reduced trading volumes and lower volatility globally. In Turkey, the Central Bank of the Republic of Turkey (TCMB) will announce its interest rate decision (expected 46%, previous 46%). The decision and guidance will be critical for the Turkish Lira and Turkish assets. 

Friday: Crypto Token Burn and Quadruple Witching 

On the last trading day of the week, there will be another announcement from the crypto world: Reserve Rights (RSR) will conduct a token burn. Token burns generally reduce circulating supply, potentially increasing token value. 

Also on Friday, the US markets will experience “Quadruple Witching.” This term refers to the simultaneous expiration of stock index futures, stock index options, stock options, and single stock futures. It often leads to high volumes and volatility, causing sudden market moves. 

This week, alongside global economic data, central bank decisions and significant developments in the crypto ecosystem will remain on investors’ radar. Especially FED statements, European inflation data, and Binance’s margin pair decisions may increase market volatility. It is highly important for investors to closely monitor these developments and adjust their risk management accordingly. 

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’ t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news.

The post How Will FED, BOJ and Binance Decisions Affect Markets This Week? appeared first on Coin Engineer.

Solayer (LAYER) Second HODLer Airdrop Details 

Following its February 2025 announcement, Binance has started distributing the planned 20,000,000 LAYER tokens. Of this amount, 2,000,000 LAYER is allocated to Earn Programs (Super Stake, Bonus APR & relevant community engagement), while the remaining 18,000,000 LAYER will be distributed in three batches via Binance HODLer Airdrops. 

Second Batch Distribution: 

• Airdrop Amount: 6,000,000 LAYER (0.6% of total supply) 
• Eligibility Criteria: Users who subscribed BNB to Simple Earn Flexible and/or Locked Products and/or On-Chain Yields products between 2025-06-01 00:00 (UTC) and 2025-06-05 23:59 (UTC). 
• Distribution: Will take place within 24 hours of this announcement. 
• Token Name: Solayer (LAYER) 
• Total/Max Supply: 1,000,000,000 LAYER 
• Smart Contract (Solana): LAYER4xPpTCb3QL8S9u41EAhAX7mhBn8Q6xMTwY2Yzc 

The remaining 12,000,000 LAYER will be distributed in two future HODLer Airdrops; details will be shared in a separate announcement. 

How to Benefit from HODLer Airdrops? 

• Head to Binance [Earn] and search for BNB. 
• Subscribe your BNB holdings to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products. 
• Binance will take multiple snapshots of user balances and total pool balances at random ties each hour to calculate users’ hourly average balances in Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products. 
• Eligible users will receive HODLer Airdrops rewards in their Spot Accounts within 24 hours after the HODLer Airdrops is announced. For example, reward calculation for HODLer Airdrops on 2024-06-11 may use snapshots of user balances between 2024-06-01 to 2024-06-07 as reference. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Announces New HODLer Airdrop Project! Here Are The Details  appeared first on Coin Engineer.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Following the announcement, MASK Coin surged by 14%, climbing to $1,29 as investor interest spiked. The news has been received as a strong bullish signal by analysts and the crypto community alike.

Volume Surge And Long-Term Potential

The price rally was accompanied by a significant increase in trading volume, indicating a strong reaction from the market. Experts suggest that such partnerships could expand MASK‘s use cases and support its long-term valuation.

DWF Labs emphasized that the collaboration aims to empower users by giving them control over their data within a decentralized social ecosystem — a vision aligned with the broader Web3 movement.

With increased investor attention, MASK could be entering a new bullish phase.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post MASK Coin Soars with Partnership News! appeared first on Coin Engineer.

What to Expect in Crypto Markets This Week?

March 31 – Monday

• Binance announced a delisting decision affecting European users. USDT, FDUSD, TUSD, USDP, DAI, EUR, UST, USTC, and PAXG trading pairs will be removed from the platform. This may impact traders dealing in stablecoins and altcoins.
• Terraform Labs is launching a new platform for creditors amid its bankruptcy process. Investors who suffered losses from the Terra (LUNA) and TerraUSD (UST) collapse can submit claims through this platform.

April 1 – Tuesday

• Beware of April Fools’ Day Hoaxes! Every year, false news and manipulative posts circulate in the crypto space on April 1. Avoid making investment decisions based on unverified information.
• The annual Eurozone Inflation Rate (CPI) will be announced. Expected at 2.2%, previous was 2.3%. If the results differ from expectations, it could impact ECB’s interest rate decisions, affecting Euro pairs and crypto volatility.
• FED will slow down its balance sheet reduction. This could inject more liquidity into markets, potentially benefiting risk assets.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

April 2 – Wednesday

• Donald Trump recently stated, “People will receive a pleasant surprise on April 2.” Given the election year and Trump’s crypto-friendly stance, this has sparked speculation in the crypto community.
• PORTAL is set to make a major announcement. PORTAL develops solutions for DeFi and the gaming ecosystem. This announcement could impact the project’s ecosystem and token price.

April 3 – Thursday

• Turkey’s Annual CPI will be announced. Expected at 38.9%, previous was 39.05%. A high inflation rate could influence CBRT’s interest rate policies and investment decisions.
• US Jobless Claims data will be released. Expected at 227K, previous was 224K. Since employment data plays a crucial role in FED’s economic assessment, this could lead to market fluctuations.

April 4 – Friday

• US Non-Farm Payrolls data will be announced. Expected at 139K, previous was 155K. This provides insights into US economic strength and influences FED’s rate decisions.
• US Unemployment Rate will be revealed. Expected at 4.1%, previous was 4.1%. A rise could increase recession concerns and lead to selling pressure on stocks and crypto.
• FED Chair Jerome Powell will deliver a key speech. His remarks on interest rates, balance sheet reduction, and inflation could drive volatility in the crypto market.

These upcoming economic events could significantly impact the crypto market. FED statements, Eurozone inflation data, and Binance’s delistings are key events to monitor closely.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What’s Happening in the Crypto Market This Week? appeared first on Coin Engineer.

Nillion (NIL) Will Be Available on Multiple Binance Products

According to Binance’s official statement, Nillion (NIL) will be accessible across a variety of Binance investment services starting from March 24, 2025. The token will be supported on Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures platforms. This comprehensive integration will make NIL more accessible to a wider range of users.

Click to Trade on Binance Futures (Derivatives) with a 10% Discount!

From March 24, 2025, at 13:00 (UTC), NIL will be available as a flexible product on Binance Simple Earn. Users will be able to subscribe and earn rewards from their NIL holdings. Additionally, beginning March 25, 2025, at 10:00 (UTC), Binance Auto-Invest will allow users to automatically purchase NIL, helping them grow their portfolio through a disciplined investment approach.

NIL will also be listed on Binance Buy Crypto, where users can purchase the token using payment methods such as VISA, MasterCard, Google Pay, and Apple Pay. Once listed on Binance Spot, NIL will become available for zero-fee trading against BTC, USDT, and other supported assets through Binance Convert.

Margin Trading and Futures Contracts Offer More Flexibility

Binance Margin will support NIL as a borrowable asset on both Cross and Isolated Margin. Trading pairs such as NIL/USDT and NIL/USDC will be introduced, providing traders with more flexibility and leverage opportunities. Furthermore, Binance Futures will launch the USDⓈ-M NIL Perpetual Contract on March 24, 2025, at 13:00 (UTC). Traders will be able to utilize up to 75x leverage, allowing for both long and short positions on NIL.

Binance reminds users that newly listed tokens often exhibit high volatility. Traders are encouraged to use appropriate risk management strategies. NIL will also be supported under Binance’s Multi-Assets Mode, enabling users to use BTC and other assets as collateral for futures trading.

The listing of Nillion (NIL) on Binance marks a significant milestone for the project. Investor interest is growing rapidly, and market participants are closely watching NIL’s price movements following its launch on Binance platforms.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Futures Announces a New Listing! appeared first on Coin Engineer.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Following the investment news, BNB rebounded strongly from the $507 support level, climbing up to the downward Fair Value Gap (FVG) zone. However, it has currently faced rejection from this resistance area. If the price manages to hold above this resistance zone, the first target will be the $630 level. Breaking above this level could bring the upper resistance of the rising trendline into focus.

On the other hand, if another rejection occurs from the resistance and selling pressure increases, a break below the $507 support level could lead to a further pullback towards $470.

With the MGX investment, Binance’s strengthened position may support positive price action in BNB over the medium to long term. However, it is crucial for investors to closely monitor price movements at these key levels.

In conclusion, closing above $630 could lead to further upside potential, while a drop below $507 may trigger a new bearish wave.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post BNB Rises on Binance Investment News: What’s the Next Target? appeared first on Coin Engineer.