Morpho Network (MORPHO) suffers service interruption as users face rendering issues

  • Morpho faced a brief outage on Nov. 6, hitting indexers, backend systems, and the app UI.
  • Core lending/borrowing stayed online, but users struggled to load dashboards and live data.
  • Backend and indexers are restored, though frontend rendering remains impaired.

As bears thrive amid broader market indecisiveness, decentralized lending protocol Morpho suffered a momentary service disruption today, November 6.

According to the project’s status page, the event impacted backed systems, indexer performance, and application rendering, blocking user access to key features.

While the outage didn’t suspend crucial borrowing and lending activity, Morpho users are facing challenges when viewing real-time data and loading dashboards.

The team acted quickly to solve indexer and backend issues, but front-end rendering, which supports the user interface, remains down.

Rendering still impaired after backend restoration

Morpho developers stabilized address indexer delays and the backend system within hours after the incident.

These two components are crucial in managing transaction data and feeding it into application layers.

Nonetheless, the frontend rendering, responsible for showcasing protocol metrics and user data, continues to face outages.

Users are either encountering blank pages or outdated info when navigating their lending positions.

Most importantly, the incident didn’t impact funding or pending lending operations.

It is an infrastructural issue not linked to security or smart contracts.

About Morpho – an advanced DeFi platform

Morpho Network establishes itself as a reliable, open, and efficient protocol that enables users to borrow assets or earn yield smoothly.

Lenders can leverage the platform’s user-friendly, non-custodial vaults that optimize yield for depositors (automatically).

On the other side, borrowers can access liquidity through Morpho Markets, where they can borrow assets without third parties.

Furthermore, Morpho’s permissionless and flexible model permits businesses and developers to curate special vaults, build dApps using the protocol’s core architecture, and create advanced markets.

The openness has increased Morpho’s appeal in the DeFi lending landscape.

Recently, Morpho Vaults version 2 launched on Ethereum “to power the future of asset curation.”

Meanwhile, Morpho’s growing developer ecosystem and interconnected design mean technical glitches on the frontend can ripple across liquidity providers, integrated applications, and users.

Morpho connects with leading liquidity platforms like Compound, Aave, and the recently hacked Balancer, matching borrowers and lenders directly to improve yield.

Morpho Network operates in a high-stakes atmosphere where uptime and reliability are vital.

Even temporary frontend issues can frustrate borrowers and liquidity providers who rely on consistent visibility.

Nevertheless, the swift move to restore the backend demonstrates the team’s dedication to user-friendliness and accountability.

MORPHO price outlook

The native coin stayed relatively calm in the past 24 hours. It gained a mere o.7% to trade at $1.65.

Meanwhile, the 45% slump in daily trading volume indicates reduced interest from traders in MORPHO, likely due to broader market uncertainty.

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Official Trump coin surges as Donald Trump declares the US a Bitcoin superpower

  • Official Trump coin jumps 11.8% after Trump’s Bitcoin superpower remarks.
  • Whale activity and bullish charts fuel momentum above $8.00.
  • Republic deal talks hint at expanding TRUMP’s real-world utility.

The Official Trump coin is soaring once again, powered by a mix of political momentum, whale activity, and bullish technical signals.

Donald Trump has declared his vision of making the United States the “Bitcoin superpower,” and traders and investors are turning their eyes toward the politically charged digital asset that bears his name.

Trump’s pro-crypto stance sparks a market rally

The Official Trump coin has risen sharply, climbing over 11.8% in the past 24 hours to trade near $7.88, outpacing the broader crypto market’s decline of around 1.3%.

The move followed US President Donald Trump’s statement that he wants to turn the United States into “the Bitcoin superpower, the crypto capital of the world.”

President Trump described Bitcoin and digital assets as tools that “take pressure off the dollar” and help strengthen US competitiveness against China.

Those remarks triggered an immediate reaction across politically linked cryptocurrencies, including the Official Trump (TRUMP) memecoin.

On major exchanges such as Binance and Bybit, daily trading volume for TRUMP exceeded $1 billion, placing it among the day’s top performers.

Analysts note that the memecoin’s price surge coincided with a technical pattern that had been forming for months.

According to prominent analyst Captain Faibik, TRUMP confirmed a breakout from a long-term falling wedge pattern — a setup often seen as a bullish reversal.

The move above the upper trendline resistance has opened the door for potential upside targets between $18 and $20 if the momentum continues.

Whale activity and technical tailwinds boost the Official Trump coin price

Beyond politics, data from on-chain and derivatives platforms support a bullish narrative.

Whale wallets have shown renewed accumulation, with roughly $91 million in net inflows recorded over the past three days.

Open interest has doubled to $351 million, signalling heightened speculative activity.

Funding rates have also turned positive, indicating that long positions now dominate short bets.

From a technical analysis standpoint, the Official Trump price looks strong in the near term.

The meme coin recently bounced off its 50-day exponential moving average near $7.29 and broke above key resistance at $7.96 — the 61.8% Fibonacci retracement level.

Official Trump coin price analysis
Official Trump coin price chart | Source: CoinMarketCap

The Relative Strength Index (RSI) sits around 57, pointing to growing bullish momentum without yet entering overbought territory.

The MACD indicator remains in a positive crossover, confirming that upward momentum is intact.

However, some analysts caution that volatility remains high.

With roughly 80% of the Official Trump coin supply reportedly held by entities linked to Trump’s inner circle, concerns about centralisation and potential profit-taking persist.

A correction toward the 50-day EMA cannot be ruled out if short-term traders decide to lock in gains.

Expansion plans and policy links drive speculation

Adding to the excitement are reports that Fight Fight Fight LLC, the issuer behind the Official Trump coin, is in talks to acquire Republic.com’s US operations.

Republic is a major crowdfunding platform with over $3 billion in assets, and the rumoured deal could expand TRUMP’s use cases beyond its meme coin origins.

If confirmed, the acquisition could integrate the token into startup fundraising and payment systems, offering it a real-world function that few political coins possess.

For now, speculation about this potential deal, coupled with Trump’s pro-Bitcoin comments and talk of a US “strategic Bitcoin reserve,” has given traders plenty to bet on.

Outlook for the Official Trump coin price

The coming weeks will test whether the Official Trump coin price can sustain its breakout and build on the momentum from Trump’s latest remarks.

Key resistance, according to analysts, remains near $8.07, while holding above $6.64 will be crucial for maintaining bullish sentiment.

If enthusiasm surrounding US crypto policy continues to grow — and the Republic acquisition moves forward — the token could once again approach its July high near $11.92.

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Bitcoin steadies above $103k following recent dip; Check forecast

Key takeaways

  • BTC is trading above $103k, up 1.5% in the last 24 hours.
  • The coin could face further volatility amid weakening institutional demand.

Bitcoin reclaims $103k

The price of Bitcoin has been trading around $103k over the last few hours after rebounding from the $100k key support level on Wednesday. The short-term recovery is marred by the weakening institutional demand, as spot Bitcoin Exchange Traded Funds (ETFs) recorded $137 million in outflows on Wednesday, bringing their losing streak to six days.

Furthermore, on-chain data reveal that Bitcoin could face further selling pressure if the $100k psychological level fails to hold. In its report on Wednesday, CryptoQuant noted that Bitcoin’s price is currently hovering near critical support levels, a breakdown of which could trigger a sharper market correction.

The report added that if Bitcoin faces enough selling pressure in the near term, it could lose its $100k support level and dump towards the next major psychological level at $72k. 

Bitcoin could retest the $100k support level

The BTC/USD 4-hour chart remains bearish and efficient after Bitcoin faced rejection around its previously broken trendline earlier this week and declined 8.18% on Tuesday. The dip saw Bitcoin retest the 50% retracement level at $100,353 before reclaiming the $103k level on Wednesday.

At press time, Bitcoin is trading around the $103k region. The RSI of 38 means that Bitcoin is still facing selling pressure, with the MACD lines also within the bearish region. 

If the support level at $100,350 holds, Bitcoin’s price could rally towards the next resistance level at $106,435 over the coming hours and days. An extended bullish run would allow Bitcoin to reclaim its weekly high above $109k.

However, if the support level fails to hold, Bitcoin could extend its decline toward the next daily support at $97,460. Further downward movement would see BTC trading below $90k for the first time in six months.

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