The recent rise in the bullish momentum has elevated the markets above the bearish captivity to some extent. The Bitcoin price surged close to $94,000 but despite the drop below $93,000, the bulls are trying hard to keep the rally above the range. This stability within the top crypto has kept up the optimism among the market participants. As a result, the altcoins like Chainlink (LINK) demonstrate a huge potential of a 45% rise.
The LINK price surged over 14% this week, hitting close to $15, displaying a notable rally this week. This positive momentum brought the token close to its recent 30-day high of $15.99. One of the main reasons for being bullish on Chainlink is the rising investor confidence, as over $120 million worth of LINK was withdrawn from the CEX. Despite the bullish sentiment, some technical signals and analyst forecasts point to volatility ahead, with a potential for a short-term dip if selling pressure escalates.
The technicals have collectively been flashing a continuation of a bullish trend, with the Supertrend turning bullish, flashing a buy signal. On the other hand, the CMF struck levels above 0.16, hinting towards the growing strength within the markets. Additionally, the MACD showed a bullish crossover, with the levels entering the bullish range for the first time since February. Therefore, the LINK price appears to be poised to reclaim $15 anytime from now, which may transform into a strong base and secure levels at $15.5. This could validate a fresh bullish trend, elevating the levels back above $20.
Chainlink’s robust week can be attributed to network growth, major institutional partnerships such as with Fidelity, SWIFT, and Aave, and increasing adoption of its real-world asset tokenization solutions. However, price movement is still closely tied to the broader crypto market and Bitcoin’s performance. Overall, the LINK price is enjoying bullish momentum but faces technical headwinds that could result in near-term volatility.
US-based Bitcoin exchange-traded funds (ETFs) experienced their largest single-day net inflow in nearly two months. As per the data, this is the highest daily inflow since January 30, when the funds attracted $588.1 million shortly after Bitcoin price reached its all-time high.
ARK and Fidelity funds show strong Bitcoin ETF performance
The strong inflow on April 21 saw $381.3 million entering the funds. It was widely distributed across multiple ETF providers, with ARK 21Shares Bitcoin ETF (ARKB) capturing the largest share at $116.1 million. Fidelity Wise Origin Bitcoin Fund (FBTC) followed with the second-highest inflow at $87.6 million. The data comes as Bitcoin price has reclaimed the $88,000 level.
Grayscale, which had previously experienced substantial outflows after converting its Bitcoin trust to an ETF, showed signs of stabilization with its Bitcoin Trust (GBTC) and Bitcoin Mini Trust ETF (BTC) recording combined inflows of $69.1 million.
BlackRock’s iShares Bitcoin Trust ETF (IBIT), which maintains the largest assets under management among the Bitcoin ETFs, attracted $41.6 million, approximately half of what it had received before the weekend trading break on April 17. Other funds including HODL and EZBC also contributed to the day’s positive performance with inflows of $11.7 million and $10.1 million respectively. The positive ETF inflow comes amidst the expectation of the first ever XRP ETF going live.
United States experience continued crypto outflow
While US Bitcoin ETFs saw strong performance on April 21, overall digital asset investment data for the week shows notable geographic variations in investor behavior. According to CoinShares’ weekly report, the overall digital asset investment sector showed modest total inflows of $6 million for the week.
The United States continued to experience net outflows totaling $71 million for the week despite the strong single-day performance on April 21. This suggests that the substantial inflow day was an exception to the generally cautious US investor stance.
Funds Flow by country: CoinShares
In contrast, European markets displayed more positive sentiment toward digital asset investments. Switzerland led with inflows of $43.7 million, followed by Germany with $22.3 million. Canada also contributed positively with $9.4 million in net inflows during the same period.
The CoinShares report highlighted that broader market sentiment fluctuated throughout the week, with stronger-than-expected US retail sales figures that caused significant outflows of $146 million mid-week.
Bitcoin products specifically ended the week with minor outflows of $6 million despite the substantial daily inflow seen in the ETF data. Additionally, short Bitcoin investment products recorded outflows of $1.2 million which was their seventh consecutive week of outflows. These products have now seen investors withdraw approximately 40% of their total assets under management over this period.
Coinbase announced that it is delisting MOVE, which subsequently plunged over 16%. The exchange did not describe any specific reasoning for this action, leading community speculation to flourish.
New evidence alleges that Movement Labs was directly or indirectly involved in a market maker dumping 66 million MOVE tokens. Coinbase may have lost confidence in the project between those rumors and a delayed airdrop.
In addition to this 16% price drop, MOVE’s daily trading volume surged 130%. This suggests that MOVE holders are selling their assets after Coinbase’s delisting announcement.
MOVE Price Crashes After Coinbase Delisting. Source: TradingView
This is a serious blow to Movement Network’s credibility and reputation. The project showed significant potential and even outperformed Bitcoin and Ethereum during the Q1 2025 cycle. It also raised $100 million in VC funding earlier this year, backed by notable investors.
However, Coinbase’s delisting is not unfounded. Earlier today, Movement Labs announced that a planned airdrop was being delayed, helping spark frustration. That may have been the final straw for Coinbase, on top of pre-existing problems.
From a perspective of someone who’s been building on Movement since day one — before mainnet, before the hype, before the community we have today even existed:
Specifically, Movement Labs claimed it would investigate an instance of potential fraud in mid-March. A market maker dumped 66 million MOVE tokens, triggering a sharp price drop.
New evidence has come to light, leading users to allege that Movement Labs was directly or indirectly complicit in these dealings. The company allegedly loaned 50% of MOVE’s supply to investment platform Web3Port, which proceeded to dump a large volume of tokens.
Based on these incidents, the community fears a repeat of MANTRA’s historic OM crash. Meanwhile, Movement Labs is backed by the Trump Family’s World Liberty Financial. The DeFi project holds more than 7 million MOVE tokens.
Bitcoin’s (BTC) move toward $125,000 is causing waves throughout the crypto market, with Shiba Inu (SHIB) and Rexas Finance (RXS) emerging as top competitors for spectacular gains. While SHIB’s recent surge resulted from President Donald Trump’s recent announcement on US crypto reserve assets, Rexas Finance is upsetting the asset management business by bringing unprecedented liquidity to previously illiquid markets. Investors are closely monitoring both assets, anticipating significant increases.
Shiba Inu Soars Amid Trump’s Latest Announcement
Shiba Inu retraced 11% in 24 hours after rising 20%, staying above $0.000012. The recent surge followed Donald Trump’s declaring the opening of a crypto reserve with big-league tokens, including Bitcoin, Ethereum, Solana, Ripple, and Cardano.
Despite the harsh reversal, technical indications suggest a favorable outlook. Analysts believe a breach above $0.000015 might boost SHIB to $0.000017, and some investors anticipate a 500% breakthrough to $0.000020 and beyond. Crypto analyst Crypto Elites highlighted a cup-and-handle pattern that, if confirmed, may spark a 12x surge to $0.000183. As the market prepares for a bullish breakout, Shiba Inu is poised for a giant boost in the coming weeks.
Rexas Finance (RXS) Introduces Liquidity to Illiquid Markets, Setting the Stage for a Massive Rally
Rexas Finance (RXS) is disrupting asset management by addressing a long-standing issue: a lack of liquidity in historically illiquid sectors. RXS uses blockchain to facilitate tokenizing real-world assets (RWAs) like real estate, commodities, and financial instruments, giving users access to a trillion-dollar market.
Rexas Finance’s fundamental function is to simplify asset tokenization. For example, by purchasing RXS-backed tokenized shares, an investor can now own a portion of a $10 million commercial property for just $100. This kind of fractional ownership enables small-scale investors to access high-value asset markets previously only available to institutions.
To achieve this, Rexas Finance has built a rich tokenization ecosystem and DeFi features that boost liquidity, accessibility, and investment returns. The Rexas Token Builder and QuickMint Bot simplify token creation without technical experience. Meanwhile, the Rexas Launchpad offers early-stage investment opportunities in new cryptocurrency projects, and the Rexas Treasury helps investors maximize returns through automated yield farming. This novel technique has created tremendous investor interest, hastening the RXS presale to near completion. In its last step (step 12), 91% of the allocated tokens have already been sold, indicating increased FOMO among investors. RXS is selling at $0.20, up 566% from $0.03 in Stage 1.
The presale, which sold 455 million tokens and garnered $47 million, is expected to be one of 2025’s most significant achievements. Rexas Finance also holds a $1 million giveaway to reward early investors. With over 1.5 million entries received so far, the top 20 participants will earn $50,000 worth of RXS. This event will further increase Rexas Finance’s appeal among crypto enthusiasts. The larger picture of Rexas Finance revolves around its upcoming exchange listings.
On June 19, RXS will debut on at least three of the top ten global crypto exchanges, enhancing liquidity, market exposure, and institutional interest. The initial listing price is $0.25, and analysts predict a potential 100,000% post-launch jump due to rising adoption and exchange-driven demand.
Conclusion: SHIB and RXS Poised for Explosive Gains
Shiba Inu (SHIB) and Rexas Finance (RXS) are poised for significant gains as Bitcoin (BTC) nears $125,000. With SHIB seeing a 300% spike in whale demand and RXS revolutionizing real-world asset tokenization, both assets are expected to experience significant price changes. The Rexas Finance presale is practically sold out (9% to go), and its June 19 market debut will likely cause a price explosion. This is the last chance for investors to secure RXS at presale prices before it goes public—act immediately before the opportunity passes!
For more information about Rexas Finance (RXS) visit the links below:
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Bitcoin’s (BTC) move toward $125,000 is causing waves throughout the crypto market, with Shiba Inu (SHIB) and Rexas Finance (RXS) emerging as top competitors for spectacular gains. While SHIB’s recent surge resulted from President Donald Trump’s recent announcement on US crypto reserve assets, Rexas Finance is upsetting the asset management business by bringing unprecedented liquidity …