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Here’s a quick recap of the crypto landscape for Wednesday (April 23) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$93,529.14 as markets closed for the day, up 2.2 percent in 24 hours. The day’s range has seen a low of US$92,078.75 and a high of US$94,122.31.

Bitcoin performance, April 23, 2025.

Chart via TradingView.

Fueledby the re-entry of institutional investment, the crypto markets appear to be headed towards a robust recovery; however, the long-term trajectory remains to be seen.

Ethereum (ETH) ended the day at US$1,785.14, a 5.2 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,767.67 and a high of US$1,815.24.

Altcoin price update

  • Solana (SOL) ended the day valued at US$150.05, up four percent over 24 hours. SOL experienced a low of US$149.31 and peaked at $153.47.
  • XRP traded at US$2.22, reflecting a three percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.20 and reached its highest point at US$2.29.
  • Sui (SUI) was priced at US$2.98, showing an increaseof 21 percent over the past 24 hours. It achieved a daily low of US$2.89 and a high of US$3.06.
  • Cardano (ADA) was trading at US$0.6981, up 6.3 percent over the past 24 hours. Its lowest price on Wednesday was US$0.6873, with a high of US$0.7138.

Today’s crypto news to know

Bitcoin becomes fifth largest global asset, overtakes Google

Bitcoin has climbed to a market capitalization of US$1.86 trillion, overtaking Alphabet (NASDAQ:GOOGL) to become the world’s fifth-largest asset by market value. The price of Bitcoin surged past US$94,000, helped by easing trade tensions between the US and China and renewed bullish sentiment across tech and risk-on assets.

This marks a symbolic milestone for the cryptocurrency, which has now outpaced several of the world’s most valuable tech giants. Analysts point to Bitcoin’s increasing correlation with macroeconomic tailwinds — such as falling bond yields and speculative interest in risk assets — as drivers of the recent price action.

Its breakout relative to the Nasdaq also suggests growing investor confidence in crypto as a parallel to tech. If Bitcoin maintains this trajectory, some believe it could soon challenge silver’s position as the fourth-largest global asset.

Brandon Lutnick forms new Bitcoin investment vehicle

Brandon Lutnick, son of Howard Lutnick, US secretary of commerce and former Cantor Fitzgerald chair, will launch a listed Bitcoin investment vehicle through a reverse merger with Cantor Equity Partners, a special purpose acquisition company. This is according to a Tuesday (April 22) report from the Financial Times.

The newly established entity, purportedly named Twenty One Capital, will be led by co-founder Jack Mallers, CEO of Bitcoin-focused payments app Strike, and majority owned by Tether (USDT) and cryptocurrency exchange Bitfinex. SoftBank Group (TSE:9984) will also own a ‘significant minority’ stake.

Financial Times sources said Tether will contribute at least US$1.5 billion worth of Bitcoin.

The company will also raise US$385 million through a convertible bond and US$200 million via a private equity placement, which it will use to acquire more Bitcoin. Eventually, SoftBank, Tether and Bitfinex’s investments will be converted from Bitcoin into shares in Twenty One Capital, with a price of US$13 per share for the private placement and US$10 per share for the convertible bond.

According to the report, Twenty One Capital will launch with 42,000 BTC, making it the world’s third-largest Bitcoin reserve. “With a visionary leader at the helm and backing from two renowned industry leaders, Twenty One is designed to help investors capture value from Bitcoin’s growing global demand and increasing institutional adoption,” Lutnick said in a press release on Wednesday. The deal values the new company at US$3.6 billion based on an approximate US$85,000 Bitcoin valuation. As of writing, Bitcoin is valued at US$93,808.31.

Trump backs crypto regulation, Trump Media eyes retail crypto products

During a public appearance, US President Donald Trump called for regulatory certainty in the crypto industry and vowed to provide ‘clear rules of the road’ for digital asset innovation.

His statement coincided with Trump Media & Technology Group’s announcement that it will partner with Crypto.com and Yorkville America Digital to launch retail investment products, including crypto-focused ETFs aligned with Trump’s “America First” platform. The planned offerings aim to capitalize on the president’s growing presence in the digital asset space following prior ventures like Trump NFTs and crypto-affiliated partnerships.

While no official ETF filings have been submitted yet, the initiative signals Trump’s commitment to making crypto a policy priority as part of his economic strategy.

Trump to host dinner for $TRUMP token holders

Trump will host a dinner for the top 220 holders of his $TRUMP token in Washington, DC, on May 22.

News of the event sent $TRUMP’s valuation up by over 55 percent in under an hour. $TRUMP reached US$14.44 at around midday on Wednesday, its highest valuation since mid-February. As of writing, $TRUMP is valued at US$13.46.

Top token holders are required to link their wallets for holding verification. The top 25 holders will gather for a private reception with the president before dinner.

Around 40 million $TRUMP tokens, or roughly 20 percent of the tokens’ circulating supply, were unlocked on April 17; they were valued at slightly above US$300 million at the time.

$TRUMP reached an all-time high of US$75.35 on January 19, according to data from CoinMarket Cap. This was followed by an abrupt reversal and steady decline in Q1 to valuations between US$9 to US$7 in April.

Tesla reports US$951 million in Bitcoin holdings despite earnings miss

Tesla (NASDAQ:TSLA) revealed it continues to hold $951 million worth of Bitcoin on its balance sheet, despite posting weaker-than-expected quarterly revenue of US$19.34 billion.

The automaker’s Bitcoin holdings, totaling 11,509 BTC, remained unchanged during the quarter, with no buy or sell activity recorded. This comes as Bitcoin’s price dipped from late December highs, impacting Tesla’s valuation of its digital asset portfolio under the new Financial Accounting Standards Board rules.

These rules now require corporations to mark digital assets to market on a quarterly basis, increasing transparency but also exposing earnings to crypto market volatility. Tesla’s crypto exposure, while relatively small compared to its core business, still makes it one of the top public holders of Bitcoin globally.

Riot Platforms secures US$100 million credit facility backed by Bitcoin

Riot Platforms (NASDAQ:RIOT) secured a US$100 million credit facility from Coinbase Global (NASDAQ:COIN) on Wednesday using a massive Bitcoin stockpile as collateral.

Data from Bitcoin Treasuries indicates that Riot holds 19,223 BTC valued at approximately US$1.8 billion, making the company the third-largest corporate Bitcoin treasury behind Michael Saylor’s Strategy and MARA Holdings.

“Riot has entered into its first bitcoin-backed facility, which provides us with non-dilutive funding at an attractive cost of financing,” said Jason Les, CEO of Riot, in a press release. “This credit facility is a key part of our efforts to diversify sources of financing to support our operations and strategic growth initiatives, with a view towards long-term stockholder value creation.”

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (April 25) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$95,030.17 as markets closed for the day, up 1.8 percent in 24 hours. The day’s range has seen a low of US$94,367.25 and a high of US$95,563.75.

Bitcoin performance, April 25, 2025.

Chart via TradingView.

As the crypto market stages its comeback after weeks below its key resistance level, ARK Invest increased its most optimistic Bitcoin price forecast for 2030 from US$1.5 million to US$2.4 million. The firm attributes this upward revision to growing interest from institutional investors and Bitcoin’s expanding role as ‘digital gold.’ Cointelegraph’s market analysis cites five technical indicators pointing to valuations above US$100,000 by May.

Ethereum (ETH) ended the day at US$1,796.65, a two percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,772.18 and a high of US$1,819.79.

Altcoin price update

  • Solana (SOL) ended the day valued at US$151.24, down 0.1 percent over 24 hours. SOL experienced a low of US$150.90 and peaked at $155.18.
  • XRP traded at US$2.19, reflecting a 0.6 percent decrease over 24 hours. The cryptocurrency recorded an intraday low of US$2.19 and reached its highest point at US$2.22.
  • Sui (SUI), this week’s outperformer, was priced at US$3.60, showing an increaseof 8.8 percent over the past 24 hours. It achieved a daily low of US$3.56 and a high of US$3.73. Sui is up by over 67 percent for the week.
  • Cardano (ADA) was trading at US$0.7127, down 1.7 percent over the past 24 hours. Its lowest price on Friday was US$0.7099, with a high of US$0.7268.

Today’s crypto news to know

ARK Invest sees Bitcoin hitting US$2.4 million by 2030

Cathie Wood’s ARK Invest has revised its already-optimistic bitcoin forecast, now projecting the asset could reach as high as US$2.4 million by 2030 in its most bullish scenario.

The firm’s April 24 report outlines three trajectories: a bear case of US$300,000, a base case of US$710,000, and a sky-high scenario that factors in growing institutional allocations and rapid expansion of on-chain financial services.

The US$2.4 million target assumes bitcoin captures 6.5 percent of the US$200 trillion global investable asset pool, with sustained 60 percent annual growth in BTC-driven financial infrastructure. National reserves, corporate treasuries, and rising adoption in emerging markets also play critical roles in the model, but ARK identifies institutional capital as the most transformative force.

While skeptics still cite volatility and regulatory uncertainty, ARK argues that BTC’s asymmetric upside—especially amid global monetary shifts—makes it a once-in-a-generation investment thesis.

Saylor predicts BlackRock ETF will eclipse all ETFs within a decade

MicroStrategy Chairman Michael Saylor declared that BlackRock’s iShares Bitcoin Trust (IBIT) will become the largest ETF in the world within 10 years, following a record-breaking week where U.S. bitcoin ETFs drew US$2.8 billion in net inflows.

IBIT led the pack with US$1.3 billion, lifting its total assets to roughly US$54 billion and driving daily trading volumes above US$1.5 billion. For context, the current largest ETF, Vanguard’s VOO, commands a market cap over US$593 billion—nearly ten times IBIT’s current size.

Bloomberg ETF analyst Eric Balchunas acknowledged Saylor’s claim wasn’t farfetched, but said IBIT would need to consistently attract US$3 billion US$4 billion per day to overtake VOO within a decade.

The bold prediction reflects mounting institutional appetite for BTC exposure, but also underlines the extraordinary capital movement that would be required for such a paradigm shift in ETF rankings.

$ TRUMP meme coin rallies after president offers private dinner

Donald Trump’s $TRUMP meme coin surged over 70 percent after the president promised an exclusive gala dinner for the token’s top 220 holders, including a VIP reception at his Washington DC golf club for the top 25.

Launched just before Trump’s January inauguration, the coin has exploded in both market cap—now estimated around US$2.5 billion—and political intrigue, reflecting the former president’s aggressive expansion into crypto.

This latest move aims to blend campaign optics with digital asset hype, positioning Trump not just as a “crypto president,” but as an active participant in speculative retail culture.

Critics have slammed the dinner-for-holders gimmick as a political stunt and potential conflict of interest, while others say it signals a new model of decentralized donor engagement.

Regardless, the announcement caused a major pump and reignited interest across meme coin forums and pro-Trump financial channels.

Swiss central bank rejects Bitcoin in reserves

Swiss National Bank Chairman Martin Schlegel flatly rejected proposals to include bitcoin in the country’s currency reserves, stating it ‘cannot currently fulfil the requirements’ needed for official holdings.

At the SNB’s annual meeting in Bern, Schlegel cited bitcoin’s extreme volatility and insufficient liquidity as major concerns, making it unsuitable for maintaining the stability and convertibility of the national reserve portfolio.

This comes as activists behind the ‘Bitcoin Initiative’ mount a constitutional referendum campaign that would legally compel the SNB to hold BTC alongside gold. Luzius Meisser, one of the movement’s leaders, argued bitcoin could prove invaluable in a future marked by declining trust in government debt.

The SNB’s resistance, however, signals continued institutional reluctance to enshrine bitcoin as a strategic monetary asset, even in one of the world’s most financially progressive nations.

CME Group to launch XRP futures

The Chicago Mercantile Group (CME) announced plans to launch XRP futures contracts, according to an announcement by the derivatives marketplace on Thursday (April 24).

“As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. “Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies.”

Pending regulatory approval, participants will be able to trade micro-sized contracts comprising 2,500 XRP and/or large contracts of 50,000 XRP starting on May 19.

Nasdaq calls for consistent digital asset regulation

A letter to the US Securities and Exchange Commission (SEC) from the Nasdaq exchange on Friday (April 25) called on regulators to apply the same regulatory standards to digital assets as they do to securities, particularly if these assets function as ‘stocks by any other name.’

Nasdaq asserted that the SEC needs to develop a more distinct classification system for cryptocurrencies, suggesting that some digital assets should be categorized as ‘financial securities.’ The exchange contended that these tokens should continue to be regulated in the same manner as traditional securities, irrespective of their tokenized format.

“Whether it takes the form of a paper share, a digital share, or a token, an instrument’s underlying nature remains the same and it should be traded and regulated in the same ways,” the letter said.

The letter also proposed categorizing some cryptocurrencies as “digital asset investment contracts,” which would still be overseen by the SEC, but subject to “light touch regulation”.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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This post appeared first on investingnews.com

INGLEWOOD, Calif. − Denver Nuggets forward Aaron Gordon positioned himself to be the villain in the eyes of the Los Angeles Clippers’ home crowd Saturday night.

Gordon secured a 101-99 victory for the Nuggets with a putback dunk with .01 seconds left on the clock. Gordon had an opportunity to collect the rebound before the clock expired after Nikola Jokić’s 3-pointer fell short of the basket.

“Joker shot an airball and we weren’t expecting that,” Clippers coach Ty Lue said. “(Christian) Braun cut to the middle of the floor and James (Harden) and Norman (Powell) were in between trying to check with him and Gordon made a hell of a play. It is what it is.’

Gordon began running toward the tunnel as he celebrated, but was called back by teammates to stay on the court as officials reviewed the play.

The Clippers rallied from a 22-point deficit in the second half and even briefly held a one-point lead in the fourth quarter.

“It was tough, but I’m glad we fought and we didn’t lay down being down 20 in the fourth quarter,” Clippers star Kawhi Leonard said. “We kept fighting and rallied back. That’s the NBA. They made a great play.”

Powell was pivotal to the team’s comeback attempt, scoring nine points in the final period while going 3-for-3 from long range.

The matchup also featured a scuffle that led to six players receiving technical fouls after things got heated in the final seconds of the first half.

Braun and Harden exchanged words before a brief scuffle began. Braun was initially called for a personal foul. The two were seen earlier in the game getting chippy with one another.

Officials assigned techs to Harden, Powell and Kris Dunn of the Clippers after a review. Jokic, Gordon and Braun of Denver also received techs.

‘After the altercation, we went to the video review, and looking at all the angles, we felt everyone involved had an equitable role in the altercation,’ crew chief Zach Zarba said in a pool report after the game. ‘Due to that, they were all given equitable penalties.’

Gordon received consistent boos from Clippers fans throughout the second half when he touched the ball because Gordon’s hand made contact with Powell’s face.

In the moments after the scrum broke out, Gordon’s actions were shown on the Halo board at the Intuit Dome. Fans chanted, ‘Kick him out.’

The officials stated after the review that nobody would be ejected from the game, as nobody was seen on the replay throwing an intentional closed-fisted punch.

“They were aggressive, the way they were supposed to be, being down 2-1 (in the series),” Lue said of the Nuggets’ play in Game 4. “We didn’t meet that intensity until the fourth quarter. That’s just a lesson for us. We just have to stay the course and do what we have to do.”

Nuggets dealing with injuries

The Nuggets had a pair of players who were considered game-time decisions before the start of Game 4.

Michael Porter Jr. and Russell Westbrook are dealing with injuries.

Porter came out of the Nuggets’ locker room with the team and participated in the layup line. While he didn’t have a hoodie on like his teammates, he did have his game jersey on. There was a taped pad visible on his left shoulder.

Porter finished with 17 points, four rebounds and two assists in 42 minutes of play.

Nuggets guard Russell Westbrook did not play in Game 4 after he was initially a game-time decision. Westbrook was a limited participant in Game 3 on Thursday after being injured during pregame warmups. 

The former Clipper scored three points, and had a rebound and an assist in nine minutes of play. He shot 1-for-5 from the field (all attempts from the 3-point line).

Second-round opponent set

The winner of this series knows who’s next.

The Oklahoma City Thunder closed out their first-round series Saturday, sweeping the Memphis Grizzlies. The Thunder will meet the winner of the Nuggets-Clippers series in the second round.

Clippers-Nuggets next game

The Clippers will travel to play the Nuggets at Ball Arena in Denver for Game 5. The game is scheduled to air on TNT at 10 p.m. ET on April 29.

This post appeared first on USA TODAY

PHOENIX − While Eugenio Suarez sat behind the dais and reveled in his historic evening Saturday, his manager sat alone in his office stewing about the game’s outcome.

It was that kind of night with Suarez becoming the 19th player in Major League Baseball history to hit four home runs in a game … and the Arizona Diamondbacks becoming the second team since 1900 to have a player hit four homers and still lose, 8-7 to Atlanta in 10 innings in front of 43,043 fans at Chase Field.

“What a game, what a spectacular game …’’ Diamondbacks manager Torey Lovullo said. “It was one of those magical nights. It’s hard to describe. Not a lot of people have done it. Not a lot of people have done it, you can go all of the way back to Little League.’’

Well, Suarez, 33, can go back to high school, little league and T-ball growing up in Venezuela, and never, ever, did he hit four home runs in a game.

“This is special, I want to glorify God with this game today,’’ said Suarez, who twice has hit three homers in a game. “It’s a gift. I don’t take it for granted. I feel so good for myself. I never thought this would happen.

“I always say that God, has my back. Everything that I do, I do for him. And he took care of me tonight.’’

Suarez, who entered the game hitting .167, began in the second inning by hitting a 418-foot homer into the left-center field seats off Atlanta starter Grant Holmes on a 93.8-mph fastball.

He faced him again in the fourth inning, and hit one nearly in the same location, 411 feet into left-center on a 94.6-mph fastball.

Holmes tried to fool him with an 84.5-mph slider in the sixth inning, but this one went even further, 443 feet into center field.

Suarez didn’t think he’d even have another plate appearance, but with the D-backs suddenly down 7-6 in the ninth inning after their bullpen blew a 6-4 lead, he stepped to the plate with the crowd on their feet hoping to see history.

Considering this magical night, and with Suarez’s confidence brimming, did Lovullo feel he was about to witness history, too, with a fourth homer?

“No, I didn’t,’’ Lovullo said. “I thought there’s no way he’s going to be going deep. When does that happen? It’s like a fairytale.’’

Atlanta closer Raisel Iglesias started him with a changeup for Strike 1. He threw a slider for Ball 1. He came back with a fastball that Suarez swung though. Now, with a 1-2 count, Iglesias suddenly lost command, throwing a sinker and a slider that weren’t even close to the plate. Igelsias had no choice on a 3-2 pitch but to throw a strike, and fired his best fastball of the night.

Suarez swung at the 97.2-mph pitch, and sent it 383 feet away into the left-field seats, tying the game, and sending the fans into hysteria as he danced around the bases, pointing his fingers to the heavens.

“It’s tough against Iglesias because for me he’s one of the best relievers in the league,’’ Suarez said. “I never thought that I was going to hit a homer against him, but I did it.’’

Said Lovullo: “I kept shaking my head. I couldn’t believe it. … It’s pretty remarkable. So no, I was not thinking he was going to hit a fourth home run. I was kind of begging that he would, and when it left his bat, the dugout erupted.’’

Suarez became only the third player in history to homer in his first four plate appearance in a game, joining Carlos Delgado and Mike Cameron.

It was also the first four-homer game since former Diamondbacks slugger J.D. Martinez accomplished the feat Sept. 4, 2017, which was just three months after Scooter Gennett hit four homers for the Cincinnati Reds.

In that Reds game, the cleanup hitter happened to be Suarez, who watched his teammate go 5-for-5 with four homers and 10 RBI after having hit only three homers all season.

“At some point in the dugout,’’ Suarez said, “that came to my mind. I was there and that was awesome to see Scooter hit four homers for us in Cincinnati. I always think about how it’s got to feel really good to hit four home runs in a game.

“And today, that dream came true.’’

The only trouble was that the Cinderella slipper was shattered when the Diamondbacks managed to lose the game, joining Atlanta in 1986 in infamy when Bob Horner hit four homers in an 11-8 loss to the Montreal Expos.

“I mean that’s unbelievable what the guy did,” Atlanta manager Brian Snitker said. “To hit four homers, my God. And he was all over all of them, too. You just kind of feel like after a couple, it’s like, well, he’s due to make an out. I mean, hats off to him, man. He didn’t miss them.

“We’re just lucky that we were able to overcome that great performance that he had.”

Follow Nightengale on X: @Bnightengale

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Understanding he would need to outwork Houston’s athletic defenders, with Jimmy Butler sidelined for the night, Stephen Curry was undeniable.

Curry overcame a two-point first quarter to will the Golden State Warriors past the Rockets, 104-93, to take a 2-1 lead in their first-round series against Houston.

No player logged more minutes Saturday night than Curry, 37, whose 40:59 of game time was nearly seven minutes more than the closest Golden State player, Draymond Green.

Curry dropped 36 points on an efficient 12-of-23 (52.2%) day that included a 5-of-13 showing (38.5%) from 3-point range. He also collected seven rebounds and dished out nine assists, willing the undermanned Warriors to the crucial Game 3 victory.

Although Curry is widely known to be one of the most well-conditioned players in the NBA, Golden State’s reliance on him raises the question of sustainability. As it was, before Butler’s injury, the Warriors were heavily dependent on the duo to manufacture their offense. Saturday night showed how precarious the formula can be.

When Curry took his first breather late in the first quarter, the Warriors failed to score a single point and missed all eight of their attempts in that span. Typically, those would be minutes when Butler would be asked to take on more offensive responsibilities. That led to coach Steve Kerr altering his rotation and playing Curry more minutes than he normally would.

Eventually, Curry and Golden State would settle, though it wouldn’t be easy.

Houston harassed Curry throughout the game, holding him and face guarding him, making him fight through contact on screens and making him sprint all over the court just to find tiny spaces from which to operate. It looked exhausting, but Curry’s conditioning and savvy allowed him to carry Golden State’s offense.

It helped that role players stepped up; as Curry drew more and more defensive attention, especially late in the game, Curry entrusted his teammates with open looks. Gary Payton II recorded a postseason career high with 16 points, including a massive stretch in the fourth in which he scored nine consecutive points and 11 in the period. In fact, during that span with the nine consecutive points, it was Curry who assisted three of the four field goals Payton converted.

Buddy Hield added 17 points off the bench and Green’s defense helped seal the game.

Now, attention turns to the rest of the series, and — potentially — beyond.

Butler, who’s nursing a “pelvis and deep gluteal muscle contusion” suffered Wednesday, had been listed as questionable and was a game-time decision. But after going through a pre-game workout, the Warriors opted to rule him out. That he was a game-time decision suggests that his return may be imminent, as soon as the next game.

Golden State, at the risk of burning Curry out, may need Butler back as soon as possible.

Steph Cury highlights vs. Rockets

Saturday night against the Rockets, Stephen Curry was masterful, especially in the fourth quarter. Curry expertly managed the additional defensive attention he drew and operated both as a scorer and distributor in the quarter.

Curry even amped up his defensive effort, swatting away a pair of blocks, one of which led to a Warriors fast-break opportunity.

Curry also moved into 10th on the NBA’s all-time playoff scoring list, currently with 4,046 points; Jerry West is in ninth, with 4,457.

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Colorado safety Shilo Sanders did not get selected in the NFL draft this week but revealed after the draft Saturday that he has agreed to join the Tampa Bay Buccaneers as a free agent.

Sanders, the middle son of Colorado coach Deion Sanders, held his phone and monitored the final picks of the seven-round draft Saturday hoping he’d get selected, as documented by his livestream on Twitch. But after not getting drafted, he had more freedom to decide which team to join.

Shilo’s younger brother Shedeur, a quarterback, was picked in the fifth round by the Cleveland Browns the same day after previously being projected by many draft experts to be a first-round pick.

“Both of y’all, you’re resilient,” Deion Sanders told his sons Saturday.

“They tested us this draft,” Shilo said, as shown on Twitch.

“They tested the whole family,” Deion Sanders said.

“I’m thankful,” Deion Sanders later added. “Tampa’s a wonderful spot.”

Shilo Sanders led the Buffaloes in tackles in 2023 (70) and was their third-leading tackler last year (67) despite missing three games in 2024 with a broken forearm.

Even though he wasn’t projected to be a draft pick, Sanders is known as a hard hitter and ball hawk and is ripe for the NFL at age 25. He started his college career at South Carolina in 2019 before deciding to play for his father at Jackson State in 2021 and 2022 and then Colorado in 2023 and 2024.

Last year, he also rang up two pass breakups, two fumble recoveries, one sack, one forced fumble and a defensive touchdown.

“Turnovers win games,” Sanders wrote on X on April 22. “Somebody’s getting a dawg this week! Believe That.”

NFL Network analyst Brian Baldinger also praised Sanders’ potential before the draft on social media, noting he brings “56 games of experience and a lot of splash plays from the safety position” and is a “good open field tackler.”

Follow reporter Brent Schrotenboer @Schrotenboer. Email: bschrotenb@usatoday.com

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The NASCAR Cup Series is back after a one-week break for Easter and it’s returning to the largest track on the schedule for the first of two visits this season.

Talladega Superspeedway in Alabama will host the Jack Link’s 500 on Sunday, April 27 as part of the NASCAR Cup Series, and it’ll headline a race weekend that also includes the Xfinity Series and ARCA Menards Series.

Denny Hamlin and Kyle Larson do not enter as the favorites to win Sunday’s Cup Series event despite splitting wins over the past four NASCAR races. Larson won most recently at the Food City 500 at Bristol Motor Speedway. Tyler Reddick is the defending champion of this race, and Ryan Blaney has the most favorable odds as a three-time winner at Talladega.

NASCAR set a record the last time it raced here for the YellaWood 500 in October 2024 when 23 cars were involved in a late-race wreck. Nine different drivers have won the past nine NASCAR Cup Series races at Talladega. The eventual winner has started in the 10th position or worse in nine of the past 10 Cup Series races at Talladega, according to NASCAR.

Here’s all the information you need to get ready for the Jack Link’s 500 at Talladega Superspeedway:

What time does the NASCAR Cup race at Talladega start?

The Jack Link’s 500 starts at 3 p.m. ET Sunday, April 27 at Talladega Superspeedway in Alabama.

Will there be a live stream of the NASCAR Cup race at Talladega?

The Jack Link’s 500 can be live streamed on Max and the FoxSports app. Viewers can also stream the race on Fubo, which is offering a free trial to new subscribers.

Watch the Jack Link’s 500 with Fubo

How many laps is the NASCAR Cup race at Talladega?

The Jack Link’s 500 is 188 laps around the 2.66-mile oval for a total of 500 miles. The race will feature three segments (laps per stage) — Stage 1: 60 laps; Stage 2: 60 laps; Stage 3: 68 laps.

SCHEDULE: How to watch NASCAR Cup Series races in 2025

Who won the most recent NASCAR Cup races at Talladega?

Ricky Stenhouse Jr. won a wild playoff race in overtime on Oct. 6, 2024 despite not being playoff-eligible, narrowly beating Brad Keselowski and William Byron in an exciting three-wide finish. The ending was set up by a 23-car wreck that took out a large portion of the field with five laps to go.

During the 2024 Geico 500 that took place at Talladega Superspeedway one year ago, Tyler Reddick emerged from third place around the final corner of the race and passed race leader Michael McDowell for the win. It was the first time 23XI Racing team owner Michael Jordan was at the track when one of his drivers won a race.

What is the lineup for the Jack Link’s 500 at Talladega?

(Car number in parentheses)

  1. (38) Zane Smith, Ford
  2. (8) Kyle Busch, Chevrolet
  3. (22) Joey Logano, Ford
  4. (60) Ryan Preece, Ford
  5. (3) Austin Dillon, Chevrolet
  6. (17) Chris Buescher, Ford
  7. (2) Austin Cindric, Ford
  8. (21) Josh Berry, Ford
  9. (12) Ryan Blaney, Ford
  10. (54) Ty Gibbs, Toyota
  11. (20) Christopher Bell, Toyota
  12. (41) Cole Custer, Ford
  13. (11) Denny Hamlin, Toyota
  14. (71) Michael McDowell, Chevrolet
  15. (34) Todd Gilliland, Ford
  16. (24) William Byron, Chevrolet
  17. (19) Chase Briscoe, Toyota
  18. (48) Alex Bowman, Chevrolet
  19. (16) AJ Allmendinger, Chevrolet
  20. (23) Bubba Wallace, Toyota
  21. (10) Ty Dillon, Chevrolet
  22. (6) Brad Keselowski, Ford
  23. (35) Riley Herbst, Toyota
  24. (99) Daniel Suarez, Chevrolet
  25. (5) Kyle Larson, Chevrolet
  26. (45) Tyler Reddick, Toyota
  27. (4) Noah Gragson, Ford
  28. (77) Carson Hocevar, Chevrolet
  29. (42) John H. Nemechek, Ford
  30. (9) Chase Elliott, Chevrolet
  31. (62) Anthony Alfredo, Chevrolet
  32. (1) Ross Chastain, Chevrolet
  33. (51) Cody Ware, Ford
  34. (43) Erik Jones, Toyota
  35. (47) Ricky Stenhouse Jr., Chevrolet
  36. (88) Shane Van Gisbergen, Chevrolet
  37. (7) Justin Haley, Chevrolet
  38. (78) BJ McLeod, Chevrolet
  39. (44) JJ Yeley, Chevrolet
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In this video, Grayson highlights the crucial 5,500 level on the S&P 500 using our “Tactical Timing” chart. He then demonstrates two of the easiest methods for identifying the strongest stocks within key indexes like the S&P 500, NASDAQ 100 and Dow Industrials. He’ll show you how to find leading stocks that are moving higher using the New Highs feature of the Market Summary dashboard. From there, Grayson explores the Index Members page, and explains how to sort by SCTR rankings to quickly pinpoint the strongest stocks within any major index.

This video originally premiered on April 25, 2024. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

The S&P 500 index managed to log one of its strongest weeks in 2025. Short-term breadth conditions have improved, and the crucial 5500 level has now been broken to the upside. Are we in the later stages of a countertrend rally, or just in the early innings of a broader recovery for stocks?

Let’s review three key charts together and evaluate the evidence.

Trendline Break Suggests Further Short-Term Strength

My daily chart of the S&P 500 has featured a thick pink trendline since March, when a lower peak around 5800 provided a perfect opportunity to define the downtrend phase. With the quick reversal off the early April low around 4850, the SPX has finally broken back above this trendline.

To be clear, after a breakout of this magnitude, I’m always looking for confirmation from the following day. Will additional buyers come in to push this chart even further to the upside? Assuming that’s the case, then I’m immediately drawn to a confluence of resistance in the 5750-5850 range. The 200-day moving average is currently sitting right around the late March peak, and both of those levels line up well with a price gap back in November 2024.

If the S&P 500 can finally break above that resistance range, I would expect much further upside for risk assets.

Breadth Conditions Confirm Short-Term Market Strength

One of the biggest improvements I’ve seen coming out of the early April low is the upgrade in short-term breadth conditions. The McClellan Oscillator has broken back above the zero level, most days this week saw more advancers than decliners, and the Bullish Percent Index has definitely improved.

In the bottom panel, we can see that the S&P 500 Bullish Percent Index has risen from a low just above 10% at the April low to finish this week at 64%. That confirms that over half of the S&P 500 members generated a point & figure buy signal in the month of April!

But the middle panel shows the real challenge here, in that long-term measures of breadth are still clearly in the bearish range. Just 35% of the S&P 500 stocks are above their 200-day moving average, similar to the S&P 500 and Nasdaq 100. It’s only if this indicator can push above the 50% level that the S&P 500 could stand a real chance of sustainable gains above 5750.

The Stoplight Technique Lays Out a Clear Playbook

I love to overlay a “stoplight” visualization on a chart like this, helping me clarify how I’ll think about risk depending on where the S&P 500 sits at any given point.

I would argue that a confirmed break above resistance at 5500 brings the S&P 500 chart into the “neutral” bucket. In this way, we’re respecting the fact that a rally from 4850 to 5500 is a fairly impressive feat, but also acknowledging that the SPX remains below its most important long-term trend barometer, the 200-day moving average.

If we see further gains in the weeks to come, the SPX may indeed push into the bullish range, which for me would mean a push above 5750-5800. In that scenario, the S&P 500 would be clear of its 200-day moving average, and I would feel much more comfortable adding risk to the portfolio. Until and unless we see that upside follow-through, though, I’ll remain comfortably defensive.

RR#6,

Dave

P.S. Ready to upgrade your investment process? Check out my free behavioral investing course!


David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

After weeks of uncertainty, the stock market finally gave us something to smile about. The major indexes just wrapped up four straight days of gains, and optimism is starting to creep back in. Could this be the shift we’ve been waiting for?

Let’s break it down.

The big concerns this week were all about tariffs and the potential removal of Fed Chairman Jerome Powell. But markets breathed a sigh of relief when it looked like tensions might ease between the two largest global economies. Plus, Powell staying put at the Fed helped calm some nerves.

In short, the fear factor took a breather, and the bulls took charge.

What Are the Charts Telling Us?

The S&P 500 ($SPX) crossed above the key 5500 level. This isn’t just any number; it’s a major line in the sand. It represents the March low and, if you go further back on the daily chart below, it has been a support and resistance level for previous price action. The purple horizontal line marks the 5,500 level.

FIGURE 1. SIGNS OF A TURNAROUND? The S&P 500 closed above the key 5,500 level, a major breakthrough. Breadth indicators are suggesting expanding bullish participation. Chart source: StockCharts.com. For educational purposes.

Even better, market breadth is improving.

We are also seeing strength across the board:

  • BPI readings for the Nasdaq 100, S&P 100, S&P 500, and Dow Industrials are all above 50%.
  • 10 of the 11 S&P 500 sectors have BPIs above 50%, with Consumer Staples being the only one with a BPI below 50. This is surprising since it was one of the only sectors above 50% not long ago.

Sector Watch: Who’s Leading?

If you’re looking for clues about the market’s next big move, watch sector rotation. Right now, leadership is coming from:

  • Technology
  • Consumer Discretionary
  • Communication Services

These are your classic “risk-on” sectors—if they’re leading, that’s typically a bullish sign.

What About Bonds, Gold, and the Dollar?

Some of the big-picture trends are starting to stabilize, too:

  • Bond yields are dipping, which is helping bond prices recover.
  • Gold pulled back after hitting new highs.
  • The U.S. dollar is showing signs of strength again.
  • And the $VIX—Wall Street’s fear gauge—is finally back below 30.

All small signs, but they add up.

Indicator of the Week: The Zweig Breadth Thrust

One indicator all technical analysts should take note of is the Zweig Breadth Thrust indicator.  It’s a rare signal that flashes when market breadth shifts quickly from bearish to bullish.

The indicator is the 10-day exponential moving average (EMA) of net NYSE advances. The NYSE Breadth Thrust signal fires when the indicator moves from below 0.40 to above 0.615 in 10 days.

The weekly chart below shows that this is the third time the Zweig Breadth Thrust signal was fired in the last five years. The last two times this occurred were in 2023, when the NYSE recovered after dipping below its 40- and 150-week simple moving average (SMA). This time, the index bounced off its 150-week SMA.

FIGURE 2. ZWEIG BREADTH THRUST FIRES A REVERSAL SIGNAL. Previous signals have been followed by bullish moves in the NYSE. Will we see a similar scenario this time? Chart source: StockCharts.com. For educational purposes.The Zweig Breadth Thrust is a bullish reversal signal. Note that each time the signal was fired, the market moved higher. It doesn’t guarantee a bull run, but it’s a green flag.

What’s Coming Next Week?

If this weren’t a headline-driven market, I would be more confident about the possibility of the market moving higher. Next week is packed with potential market-moving headlines.

  • Big Tech earnings
  • Q1 GDP
  • PCE Inflation data (the Fed’s favorite inflation gauge)
  • ISM Manufacturing
  • Non-Farm Payrolls

At the Close

The underlying market conditions are improving and some key signals are flashing green. But, as noted, it’s still a headline-driven market, and that means all the more reason to stay alert. Focus on leading sectors, watch for confirmation in breadth, and keep your investment plan tight.


End-of-Week Wrap-Up

  • S&P 500 up 4.59% on the week, at 5525.21, Dow Jones Industrial Average up 2.48% on the week at 40,113.50; Nasdaq Composite up 6.73% on the week at 17,382.94.
  • $VIX down 16.22% on the week, closing at 24.84.
  • Best performing sector for the week: Technology
  • Worst performing sector for the week: Consumer Staples
  • Top 5 Large Cap SCTR stocks: Palantir Technologies, Inc. (PLTR); Rocket Lab USA, Inc. (RKLB); Robinhood Markets, Inc. (HOOD); Rubrik, Inc. (RBRK); MicroStrategy, Inc. (MSTR)

On the Radar Next Week

  • Earnings season continues with Meta (META), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and others reporting
  • March JOLTs Job Openings
  • Q1 GDP Growth Rate
  • March PCE
  • April ISM Manufacturing
  • April Non-Farm Payrolls


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.