Kaspa USD Price & Performance (KASUSD)

Kaspa (KAS) has surged 42% since its March 11 low of $0.056, entering a critical resistance zone between $0.095 and $0.107. Analysts suggest this could mark the end of its prolonged corrective phase, potentially signaling a bullish trend. However, rejection at these levels might lead to a retest of $0.0485.12

The biotech industry is experiencing significant layoffs, with Cargo reducing its workforce to fewer than 10 employees and Novartis cutting 34 jobs at its San Diego facility. These moves reflect broader challenges in the sector as companies aim to preserve cash and adapt to market pressures.3

BGIN Blockchain is set to launch a $50 million IPO while navigating challenges tied to cryptocurrency volatility. The company’s focus on mining and its growing operational costs highlight potential risks, though some investors see opportunities in its growth trajectory. Regulatory uncertainties remain a concern.4