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The Nasdaq Composite Index has recorded its longest winning streak in over 15 years, and tech ETFs have hit weekly highs. However, according to Michael Hartnett, chief investment strategist at Bank of

The Nasdaq Composite Index has recorded its longest winning streak in over 15 years, and tech ETFs have hit weekly highs. However, according to Michael Hartnett, chief investment strategist at Bank of America, this rapid rebound that has excited investors may be turning into a costly "bull trap."

The Nasdaq Composite has recently risen for 13 consecutive trading days, its longest winning streak since July 2009; the tech ETF XLK closed at a new weekly high, above $153. However, the financial ETF XLF failed to hold its 200-day moving average, and its divergence from the tech sector poses a potential warning sign. In Hartnett's view, this rebound, driven by record cash outflows, is evolving from an "oversold correction" into a dangerous zone that could trap bulls.

Regarding fund flows, a record $172.2 billion flowed out of cash last week, with $11.3 billion flowing into the stock market, $7.9 billion into bonds, and gold and cryptocurrencies each receiving approximately $1.2 billion in net inflows.

Meanwhile, Bank of America's April global fund manager survey showed that institutional pessimism was at its highest level since June 2025; however, actual capital flows were quite the opposite-global equity inflows are expected to exceed $1 trillion in 2026, potentially setting a new record.

Regarding this contradiction, Hartnett offered a rather sharp assessment: "Look at what they do, not what they say." Short sellers worry that inflation has not yet peaked, and the bond market faces a new round of sell-off risk; long sellers are betting that earnings will support record highs. But Hartnett's overall conclusion is clear: the current market has entered a "bull trap" zone.



The Nasdaq Composite Index has recorded its longes

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Bitcoin Up 2 Weeks: Beginning or End?Daily $5000U Airdrop: One Tap to Claim Blockchain Forum 2026, Moscow Hacking Crisis Escalates: Record Outflows from Aave The KelpDAO-related security breach crisis

Hacking Crisis Escalates: Record Outflows from Aave

The KelpDAO-related security breach crisis in the cryptocurrency market has led to a significant liquidity shock in DeFi protocols. According to recent data, large-scale $ETH outflows have occurred via Aave, while investor confidence is visibly weakening.

According to information shared by the on-chain analytics platform Lookonchain, the KelpDAO exploit resulted in a “bad debt” on Aave after the attacker withdrew $ETH from the system using rsETH collateral. This development triggered panic selling, particularly among large investors.

Related News Analyst Claims Selling Pressure on XRP's Twin Altcoin May Have Eased

According to the data, a total of over $5.4 billion worth of $ETH was withdrawn from the platform. During this period, it was reported that Justin Sun, a leading figure in the cryptocurrency market, also withdrew approximately 65,584 $ETH (approximately $154 million).

Following these intense outflows, Aave’s $ETH usage reached 100%. This indicates that the protocol’s available liquidity has been largely depleted and that new borrowing capacity may be severely limited.



Hacking Crisis Escalates: Record Outflows from Aav

Bitcoin Up 2 Weeks: Beginning or End?Daily $5000U Airdrop: One Tap to ClaimHTX DAO's First Hackathon Launches!Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad D

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Wu Blockchain reports that Kelp DAO has suffered a massive cross-chain exploit that drained approximately 116,500 rsETH, valued at nearly $292 million. The incident raises fresh concerns about the protocol’s security, coming less than a year after a previous disruption tied to a smart contract bug Related Reading: $20M Crypto Scam Lands Texas Man 23-Year Prison SentenceKelp DAO Response Prevents Additional Exploit Attempts According to blockchain data, the attack on the Kelp DAO exploited a weakness in cross-chain communication, specifically targeting the bridge mechanism used to transfer assets across networks. The exploit was executed via a call to the “Iz Receive” function on LayerZero’s EndpointV2, which ultimately triggered the release of funds to an attacker-controlled wallet. On-chain sleuth ZachXBT was among the first to uncover the breach, estimating losses exceeding $280 million across Ethereum and Arbitrum. The blockchain investigator also noted that the attack addresses had been initially funded via Tornado Cash, indicating a deliberate effort to conceal the funding sources for the highly coordinated attack. Earlier today we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several L2s while we investigate. We are working with @LayerZero_Core, @unichain, our auditors and top security experts on RCA. We will keep you… — Kelp (@KelpDAO) April 18, 2026In response to this attack, Kelp DAO implemented an immediate halt to all rsETH contracts across its mainnet and connected L2 networks. The protocol also froze activity across its core contracts and systems that cover deposits, withdrawals, and oracle functions. According to Kelp DAO, an ongoing investigation is underway with LayerZero and

Trusted Editorial content, reviewed by leading ind

Bitcoin Up 2 Weeks: Beginning or End?Daily $5000U Airdrop: One Tap to ClaimPost To Earn BonusMemeCore: 2 bullish indicators suggest M’s $3.00 floor will hold MemeCore faced strong rejection at $4.7, t

MemeCore: 2 bullish indicators suggest M’s $3.00 floor will hold


MemeCore faced strong rejection at $4.7, then breached $4 support and fell to a local low of $3.2. At press time, token M traded at $3.4, down 24.09% on the daily charts.

Over the same period, the memecoin’s market cap dropped from $6 billion to $4.4 billion, signaling massive capital outflow.

Prior to this drop, MemeCore had been on a strong upward trajectory, as AMBCrypto reported earlier, rising 28% on weekly charts.

MemeCore traders reduce risk exposure

As the market trend signaled a downside reversal, traders in futures markets became pessimistic and began closing positions. Risk-off sentiment led to significant capital outflows from the market.

In fact, Open Interest [OI] dropped by 21% to $107 million according to CoinGlass Data. However, Derivatives Volume rose 28% to $228 million.

MemeCore: 2 bullish indicators suggest M’s $3.00 f

🚨 DeFi Market Update: Aave Hit by Spillover Effects from Kelp DAO Exploit Aave has come under significant pressure following the recent Kelp DAO bridge exploit, which had wider ripple effects across t

🚨 DeFi Market Update: Aave Hit by Spillover Effects from Kelp DAO Exploit
Aave has come under significant pressure following the recent Kelp DAO bridge exploit, which had wider ripple effects across the DeFi ecosystem.
After attackers reportedly used around $292 million in stolen rsETH as collateral on Aave V3, the protocol experienced a sharp reaction in the market. Aave’s total value locked (TVL) dropped by approximately $6.6 billion, while its native token fell about 16%.
Importantly, Aave’s core smart contracts were not directly compromised. However, the situation still created substantial risk exposure within the system. Around $196 million in bad debt is now concentrated in the rsETH–wrapped ETH market on Ethereum, one of Aave’s most heavily used liquidity pairs.
The incident has raised concerns about whether Aave’s Umbrella reserve mechanism will be sufficient to fully absorb the losses. If the reserve falls short, it could potentially shift some of the burden onto stkAAVE holders, increasing concerns about risk distribution in extreme market events.
Overall, the situation highlights a growing systemic issue in DeFi: the increasing reliance on liquid restaking tokens and cross-protocol collateral loops, which can transmit risk rapidly across multiple platforms even when the original protocol remains secure.
This event is now being viewed as another reminder that in DeFi, indirect exposure can be just as dangerous as direct exploits. 🚨⛓️

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🚨 DeFi Market Update: Aave Hit by Spillover Effec

Bitcoin Up 2 Weeks: Beginning or End?Daily $5000U Airdrop: One Tap to Claim Blockchain Forum 2026, Moscow Pi Network Core Team Claims Superiority Over Other Crypto Projects: Here’s Why It has been ove

Pi Network Core Team Claims Superiority Over Other Crypto Projects: Here’s Why

It has been over a year since the official launch of Pi Network, but more than half a decade since the project started attracting users.

Within this timeframe, its community, known as Pioneers, has grown into the millions, the team said, and recently outlined why their user base actually means more than those on other chains.

PI > Others?

The post on the only official X account linked to the project noted that there are over 18 million identity-verified users within the broader Pi Network ecosystem. However, although this is by far not the most significant number for any blockchain, as some of the largest have hundreds of millions of active wallets over the years, the team outlined where it differs and is supposedly superior to most.

“1 million verified users on Pi ≠ 1 million users on other networks.”

This is because most other networks measure growth in simple account numbers, and very few look at the verified users. In contrast, the Core Team behind Pi Network said it “recognized the importance of identity verification early on and that unverified account creation is simply not enough.”

“Verified identities are needed for any meaningful transactions, especially in real-world economies.”

Whenever an asset is transferred, it “raises a basic question of identity: who is sending it, and who is receiving it.” If those identities remain unknown, it’s more difficult to trust that the transfer is valid or that it went to the correct receiver, the team added.

This is why they decided to build a “fully KYC-verified Mainnet ecosystem,” which reduces spam and increases trustworthiness.



Pi Network Core Team Claims Superiority Over Other

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market suffered a slight dip on Saturday, April 18th, after the tensions in the Middle Ea

Crypto Prices Drop On The Weekend As Iran Shuts Strait Of Hormuz Again

WL: Ethereum L2/Sidechain

we observe that TRX experienced an upward movement over the trading period, concluding at its high of 0. 336279. The close at this level indicates that bullish sentiment may be reemerging in the TRX m

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestDaily $5000U Airdrop Rain: Claim Yours Now!In the context of the wider market for crypto moving without a definitive direction

Daily $5000U Airdrop Rain: Claim Yours Now!

In the context of the wider market for crypto moving without a definitive direction, there is growing emphasis on new projects that are new and at an early stage. With key cryptos such as Bitcoin and Ethereum consolidating in a tight range, traders have been looking towards other options where they could earn more gains. At this point, it is Little Pepe ($LILPEPE) that has gained considerable traction. Such a development is not strange because it is usually common during times when the larger cryptos consolidate.

Presale Performance Driving Visibility

Another reason why Little Pepe has become increasingly popular in recent times is due to its amazing presale results. At present, Little Pepe has managed to collect more than $28 million, and this collection is being done at a price of $0.0022 for Stage 13, which is near completion. In the coming stage, the price will go up by another point to $0.0023. Moreover, many tokens in the ongoing stage have already been sold out, and there will be fewer available until the next increase in price takes place.

Little Pepe’s presale is closing in fast, with a score of 98.25% that’s keeping the hype alive. So far, it’s raised $28,108,887 out of the $28,775,000 target; it’s just a small push left before it’s fully capped. With the presale in its last legs, 16,947,220,465 tokens have been sold out of the total 17,250,000,000 of the current stage.

Rising Online Interest and Market Positioning

However, aside from the fundraising aspect, Little Pepe has gained attention due to its increasing visibility on the internet. There have been reports that it has made its way into discussions related to meme coin trends and even rivals other projects in terms of interest. This rise in visibility is crucial since meme coins require visibility and engagement from their communities. The more attention the coin garners, th

In the context of the wider market for crypto movi

50X CHEATERS - NASA Moon Mascot Sparks Ethereum's Next Meme Giant - This isn't another paid narrative. This is a straight-up cheat code. - Meet Lucas, an 8-year-old kid who drew a moon mascot because 

NASA Moon Mascot Sparks Ethereum's Next Meme Giant

This isn't another paid narrative. This is a straight-up cheat code.

Meet Lucas, an 8-year-old kid who drew a moon mascot because he believed he could touch it. NASA picked that exact drawing as the official zero-gravity indicator for the Artemis II mission — humanity's first crewed deep-space flight in 50+ years.

The mascot flies to the moon before the token even launched. Real story. Real mission. Zero bullshit.

In a market full of fake lore, $RISE hits different. Crypto's favorite words — moon, launch, lift-off, zero gravity — aren't metaphors here. They're literal. The second people hear “NASA kid's moon mascot coin,” it clicks instantly. That’s how legends spread.

Artemis II is massive. When that spacecraft breaks Earth's gravity and RISE floats in zero-G, the entire world will see it. Millions will FOMO the moment they realize the mascot has a ticker.

Ethereum volume is rotating back hard. Liquidity chases simple, repeatable stories with real cultural weight. $RISE combines perfect timing, emotional narrative, and meme clarity like nothing else on chain right now.

At current market cap, the asymmetry is stupid. 10x gets you noticed. 50x feels like cheating. 100x+ puts it in legendary territory. Whales aren't chasing hype — they're positioning early in narratives that normies and degens both vibe with.

Every cycle has one monster that breaks the internet. $RISE has the story, the catalyst, and the “this is unfair” energy.

The only question left: how high does Lucas take us?

NASA Moon Mascot Sparks Ethereum’s Next Meme Giant

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