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HTX Community Spring Creation ContestUnlock Your Personal HTX Airdrop Now Blockchain Forum 2026, MoscowLeading investment bank JP Morgan has painted a bearish picture for Tesla stock (NASDAQ: TSLA). T

Leading investment bank JP Morgan has painted a bearish picture for Tesla stock (NASDAQ: TSLA). The bank lowered its ratings to ‘Underweight’, indicating that the EV car maker will go through rough terrains. TSLA opened Tuesday’s trading bell at $352 and remains under the bearish claws as it slumped nearly 20% year-to-date. It is among the least-performing stocks this year, displaying little to no price spurts.JP Morgan predicted that Tesla stock could lose another 60% of its current value. The forecast estimates that TSLA is on its way down to the $145 range. That’s a steep decline and will erase a large chunk of capital from investors’ portfolios. The bank’s analyst, Ryan Brinkman warned traders to approach TSLA “with a high degree of caution.” This makes holding the equity a risky affair as the downside leads to a sharp cut in the wallet.Also Read: Sandisk Stock Jumps 11.83% Following Nasdaq-100 InclusionWhy Is JP Morgan Bearish on Tesla Stock? (TSLA)Source: FinboldJP Morgan pointed out the weak Q1 deliveries of the EV manufacturer, which recorded a pile-up of unsold cars. The company has sold 358,000 vehicles, which is 4% lesser than the estimated 385,000 delivery forecast. The unsold inventory will only lead to a loss in the balance sheet that will reflect badly on Tesla stock. “Record surge in unsold vehicles adds to free cash flow woes,” he wrote in a note to clients.The EV manufacturer also produced 50,000 more cars than it sold during the last quarter. The only option to get them sold is to provide further discounts, but this would again eat into its profits. Therefore, in both ways, the company remains vulnerable as free cash flow remains grim. Its competitor, China’s BYD, is expanding across the EV sector, making it harder for Tesla to hold its ground. All of these are defining factors that are weighing Tesla stock down in the charts.

Leading investment bank JP Morgan has painted a be

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HTX Community Spring Creation ContestUnlock Your Personal HTX Airdrop Now Blockchain Forum 2026, Moscow Trump’s Fed chair pick Kevin Warsh discloses holdings in SpaceX, Polymarket, and Ethereum dev pl

Trump’s Fed chair pick Kevin Warsh discloses holdings in SpaceX, Polymarket, and Ethereum dev platform

President Donald Trump’s Federal Reserve chair nominee Kevin Warsh disclosed a net worth between $131 million and $209 million, with a portfolio spanning space, crypto infrastructure, artificial intelligence, biotech, and fintech startups, according to a new financial disclosure.

Trump’s Fed chair pick Kevin Warsh discloses holdi

Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation ChallengeMarket Updates: Justin Sun Accuses WLFI of Contract Blacklist Misuse, Alameda Moves $

Claim1,200 USDT in the Monthly Creation Challenge

Market Updates: Justin Sun Accuses WLFI of Contract Blacklist Misuse, Alameda Moves $16M SOL for FTX Payouts, Aave Labs Secures $25M Funding
A major controversy has emerged between Justin Sun and the Trump-linked crypto project WLFI, setting the tone for today’s market developments.

In a post on X, Sun alleges that the platform embedded a hidden blacklist function within its smart contract, which was used to freeze his wallet in September 2025 without prior notice.
As WLFI’s largest investor, Sun has raised broader concerns about the project’s governance. Specifically, he claims that voting mechanisms were structured to justify freezing investor assets. In addition, he alleges that the team extracted undisclosed fees and misused community funds. Sun further describes the operation as functioning like a “personal ATM.”

Data from Bubblemaps indicates that Sun’s frozen holdings total roughly 545 million WLFI tokens, which have declined by more than $80 million in value since the freeze.

However, WLFI has strongly denied the allegations, calling them unfounded and accusing Sun of misconduct. The project has also signaled potential legal action, suggesting the dispute could escalate into court proceedings.

While the WLFI dispute dominates headlines, XRP is experiencing a sharp rise in negative sentiment.

Data from Santiment shows that fear, uncertainty, and doubt (FUD) surrounding XRP have reached their third-highest level in two years. In a recent post on X, Santiment noted that such extreme bearish sentiment has historically preceded market rebounds.

At present, XRP is trading at $1.33, down 63.6% from its July 2025 high of $3.65, according to CoinGecko. This prolonged downturn appears to have driven many retail investors out of the market, potentially creating conditions for a sentiment-driven recovery.




Market Updates: Justin Sun Accuses WLFI of Contrac

On April 14, informed sources revealed that a meeting led by France and the UK regarding the Strait of Hormuz will explore the possibility of implementing economic measures against Iran in light of th

Meeting Led by France and the UK to Discuss Economic Measures Against Iran Amid Ongoing Closure of t

Crypto projects suffered losses exceeding $482 million in Q1 2026 amid increased network security measures. This comes on the back of a slow start to the year for digital assets and strict regulatory 

Web3 Security Threats Move Offchain, Losses Reach $482 Million In Q1

On April 14, Fortune reported that cryptocurrency startup Nava has completed an $8.3 million seed round financing to build a 'trust layer' in autonomous payment systems. This round was co-led by ventu

Nava Completes $8.3 Million Seed Round Financing Led by Polychain Capital and Archetype

Daily BTC Guess: Win 18M HTX!HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Institutional interest is rising again in major cryptocurrencies including Bitcoin a

Institutional interest is rising again in major cryptocurrencies including Bitcoin and Ethereum, which is creating a strong foundation for the entire market including Solana, XRP, and Cardano.

From a crypto experience perspective, institutions usually enter the market during quiet phases when retail participation is low. This is exactly what is being observed right now.

Bitcoin is being accumulated as a store of value, while Ethereum is attracting institutional interest due to staking yields and DeFi infrastructure.

Solana is gaining attention due to its scalability and low fees, making it attractive for large-scale applications. XRP is seeing renewed interest due to its potential role in cross-border payments and regulatory progress.

Cardano, although slower in hype cycles, is quietly building strong fundamentals, which often leads to delayed but significant price movements.

Institutional interest is rising again in major cr

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HTX Community Spring Creation ContestUnlock Your Personal HTX Airdrop Now Blockchain Forum 2026, Moscow• EUR/ NZD slipped lower as a recovery in global risk sentiment supported demand for risk-sensiti

• EUR/ NZD  slipped  lower as a recovery in global risk sentiment supported demand for risk-sensitive currencies like the New Zealand dollar.• Comments from U.S. President Donald Trump indicating that Iran remains open to negotiations helped calm fears of an immediate escalation, encouraging investors to re-enter higher-yielding assets.• Oil prices fell as expectations for further dialogue to end the war outweighed concerns over supply disruptions.•On the macro front, attention now turns to New Zealand’s March electronic card retail sales data due Friday. The previous reading showed solid growth (+1.4% m/m, +1.5% y/y), and another strong print could reinforce confidence in domestic consumption.• Immediate resistance is located at  2.0045 (50%fib), any close above will push the pair towards 2.0136(April 10th high).• Immediate support is seen at 1.9955(Daily low) and break below could take the pair towards 1.9828(38.2%fib). Recommendation: Good to sell around 2.0000 with stop loss of 2.0120 and target price of 1.9950Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle MarketsSpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 BillionStagflation Shadows: U.S. Manufacturing Shines as Services Slump to 11-Month LowScarcity and Strife: Bitcoin Hits Historic Milestone Amid Geopolitical TremorsStrategy's Multi-Billion Dollar Bitcoin Accumulation: A 2026 Milestone

• EUR/ NZD  slipped  lower as a recovery in global

WL: Ethereum L2/Sidechain

On April 15, Bloomberg ETF analyst James Seyffart disclosed on platform X that 21Shares US has updated its filing for the Hyperliquid ETF, with the ETF code THYP. The document does not yet disclose in

21Shares Updates Hyperliquid ETF Filing, Code THYP

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X Platform Product Head: Cryptocurrency Has Had a Tough Year; Perhaps We Should Launch Something to Fix It

Pakistan Calls for 45-Day Extension of US-Iran Ceasefire

Pakistan Reports US-Iran Agree to Continue Negotiations, Time and Place Undecided

Tencent Cloud Supports One-Click Deployment of Hermes Agent

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