We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 27th Apr, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 26th Apr, 11:59 PM IST.
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CRYPTO NEWS
1. Bitcoin nears $80K but fails again as profit-taking and resistance hit
Bitcoin repeatedly failed to break $80K as strong resistance and profit-taking capped upside momentum. Despite the uptrend, price remains in consolidation near key psychological levels.
Source: Barron’s, FXStreet, Market Talk
2. Bitcoin ETFs see strong inflows as institutional demand keeps rising
Bitcoin ETFs continue strong inflows led by BlackRock and Fidelity Investments, tightening supply and supporting price stability.
Source: CoinShares, The Block, SoSoValue
3. Saylor signals fresh Bitcoin buying spree as Strategy continues accumulation
Michael Saylor hinted at more buying as Strategy keeps accumulating Bitcoin, reinforcing long-term bullish conviction despite volatility.
Source: The Block
4. Nasdaq futures rebound as traders look past geopolitical war jitters
Nasdaq futures recovered as dip buyers stepped in despite geopolitical tensions, with risk sentiment stabilizing across global markets
Source: FXStreet, market reports
5. USD/JPY holds near ¥160 ahead of BoJ and Fed rate decisions
USD/JPY stays near ¥160 as rate divergence between the Fed and BoJ keeps pressure on the yen ahead of key policy meetings.
Source: FX market reports
6. XRP weakens after $1.45 rejection as $1.40 support comes into focus
XRP fell after failing at $1.45, with price now consolidating near $1.40 as broader market weakness weighs on momentum.
Source: CoinMarketCap, FXStreet
7. Solana holds near $86 as breakout setup tightens on higher timeframe structure
Solana consolidates near $86 with a cup-and-handle setup forming; breakout above resistance could trigger continuation toward $100.
Source: NewsBTC
8. Bitcoin dominance rises to ~60% as capital rotates out of altcoins
Bitcoin dominance hits ~60% as capital shifts from altcoins to BTC, reinforcing its role as the market’s liquidity anchor.
Source:cryptobriefing
9. Ethereum ETF inflows extend streak, reinforcing institutional demand
Ethereum ETFs record 10 straight days of inflows led by BlackRock and Fidelity Investments, strengthening structural support.
Source: SoSoValue, ETF data
10. Bitmine stock rebounds after $23M Ethereum purchase from Ethereum Foundation
BMNR rose after buying $23M worth of Ethereum, reinforcing its aggressive ETH treasury and staking strategy.
Source: mexc.com
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Strong Call writing is visible at the upper extreme of $85,000, while Put writing is concentrated at $73,000.Minor straddle writing is evident at $77,500. A PCR of 2.97 indicates a bullish market outlook for the coming week.
OI Analytics for the upcoming week: ETHUSD
Notable Call writing is seen at $2,600, while Put writers are active around $2,000. A PCR of 0.67 indicates a slightly neutral market outlook for the upcoming week, with support in the $2,000–$2,050 range and resistance near $2,600.
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USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
Wednesday, Apr 29:
11:30 PM: Fed Interest Rate Decision
Thursday, Apr 30:
12:00 AM: Fed Press Conference
06:00 PM: GDP Growth Rate (QoQ)
Friday, May 01:
7:30 PM: ISM Manufacturing PMI
NEW FEATURE: Delta Exchange is officially available on TradingView as a broker
What this integration does
With Delta Exchange now integrated into TradingView:
- You can trade directly from TradingView charts
- No need to switch between platforms anymore
- Your Delta account connects inside TradingView’s Trading Panel
Once connected, you can:
- Place orders (Market, Limit, Stop, Stop-Limit) directly from charts
- Drag-and-drop Stop Loss (SL) and Take Profit (TP) visually
- Monitor:
- Open positions
- Order history
- Account balance and P&L
- View order book depth (DOM) in real time
- Execute trades faster with fewer steps
What’s in it for traders?
1. Faster execution
- Spot a setup → place trade instantly
- No copying prices or switching tabs
2. Better chart-based trading
- TradingView has advanced indicators & drawing tools
- You can trade based on your exact chart setup
3. Cleaner workflow
- Everything (analysis + execution + monitoring) is unified
Watch this short video to know more.
If you need any assistance or have any questions, our dedicated customer support team is here to help you, please write to us here.
Happy Trading!
Delta Exchange Team