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🇺🇸 Donald Trump made two main promises:
1. He will stop Elizabeth Warren and her team from messing with Bitcoin.
2. He will not allow the creation of a Central Bank Digital Currency (CBDC).
Hong Kong Virtual Asset Service Providers Face Licensing Transition
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Not gonna lie, #BTC looks damn good here! Nice and deep retest of the blue zone, and now we are back above flag resistance!
My bias is bullish/neutral. The only thing why I'm not 100% bullish is because the price is still inside the horizontal range (below $71k).
📢Over 32M $ETH is locked up for staking.
That's 27% of ETH's total supply.
At current prices, it’s $121B🔥
Binance Market Update (2024-05-24)
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- NEAR is forming a bearish rising wedge pattern.
- This pattern indicates a potential price breakdown.
- An important support level lies around $6.70.
- Entry points could be considered near $6.70 to $6.50.
Kabosu, the beloved dog behind the Dogecoin meme that inspired $DOGE 💰 and $SHIB 💰, has passed away.
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All 8 #ETH ETFs are approved Another Huge Milestone for #Crypto
LINK
#SOL actually looks great vs #ETH! There's a bullish horizontal triangle and the price is right at the support level!
I think it's a great moment to rotate some #ETH into #SOL no matter how ETF stuff goes!
US Dollar Index Continues to Rise, Federal Reserve's First Rate Cut Expected in December
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📢 Big News: A bipartisan group of House lawmakers, including Tom Emmer and Josh Gottheimer, have sent a letter to Gary Gensler urging the #SEC to approve spot #EthereumETFs
They believe this will give investors safe and regulated access to crypto.
Today is the final deadline of VanEck ETH ETF application approval! Tomorrow is also a deadline day for another application, so these two days may bring huge volatility to market, especially to #ETH!
Be careful with leverage today!
ETH ETF news coming in a few hours. Be ready for voltality ❗️
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Boya Interactive Records 14% Year-On-Year Growth In Q1 2024
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Happy Pizza Day everyone! 🥳
14 years ago, Laszlo Hanyecz spent 10,000 #Bitcoin on two Papa John's pizzas.
Today, that 10,000 BTC is worth over $700 million.🔥
Donald Trump says he is "very positive and open minded to cryptocurrency companies."
"Our country must be the leader in the field."
📍 #SOL UPDATE
As long as $160 support stays strong, the LONG setup on Solana is valid.
We can see a fake breakdown of this level, so make sure to have bids below $160 for this case.
📍#Bitcoin Update ( Continuous)
- Bitcoin price is holding above $68,000.
- The market tends to be slower on weekends.
- Bitcoin is currently in an accumulation phase with not many changes.
- As long as the price stays above $65,000 to $66,000, there's nothing to worry about.
Stay tuned for more information ℹ️
📢 Breaking News: Major Whale Activity on Solana! 🐳
An insider just made a significant move on the Solana blockchain!
New Wallet Alert: A newly created wallet spent a whopping 1370 $SOL ($230K) to snipe 632M $CAT tokens, accounting for 63.2% of the total supply!
Wallet Address: 5ZHQXfAfffTNoSDWLMYFaX9U2EftH7WuoLaeKQZP9ndB
Recent Activity:
- Sold a portion of #CAT
- Received approximately 29,525 #SOL ($5M) in return!
Binance Trending Tokens Daily Update (May 24)
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📍#Bitcoin Update (Continuous)
🔹Bitcoin again faced rejection from its resistance area of $72K to $73K, causing the price to go down.
🔹However, $64,000 is still acting as important support, where we might see a reversal.
🔹But if it breaks this level, the price could drop to $60,000."
Stay tuned for more information!! ✅
ETH Tokens Classified As 'Commodities', States CF Benchmarks CEO
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#BTC is diving into blue zone! Let's see if it can hold the price!
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CHINA: Gold Trading Explodes 400% Higher!
- China's central bank bought more than 225 tonnes gold in 2023.
- Gold price broke 15 year record recently.
SEC Engages in Discussions with Potential Issuers of Ethereum ETFs, S-1 Approval Anticipated Soon
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Binance Market Update (2024-05-23)
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SEC has started engaging with Ethereum ETF issuers over S-1 forms: Source
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📍#Bitcoin Update (Continuous)
🔹Bitcoin is facing resistance at the $70,000 level.
🔹A break above this level will push the price to the $71,300 level.
🔹If Bitcoin fails to break through, then $67,700 will be the next support area.
🔹The Ethereum spot ETF decision is coming today. The market could be volatile.
Stay tuned for more information!! ℹ️
WHAT HAPPENED OVERNIGHT
-> SPX -0.27%, Nasdaq -0.18%
-> Nvidia Q2 projections beat estimates (post market), stock +6% after-hours
-> FOMC minutes, while stale, had some hawkish comments
-> UST 10y yield +1 bpd to 4.42%
-> DXY Index topped out at 105.00
LIQUIDATION ALERT
$2,400,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF #BITCOIN
HITS THE PREVIOUS ALL-TIME HIGH OF $74,000.