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FED Events 🏛

Sources: 0.75-1% BPS Hike incoming

76.3% experts expecting 0.75%
23.7% experts expecting 1.00%

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CRYPTO MARKET News 📰

Texas wants to provide residents crypto rights.

The Texas Republican Party is considering inserting a new language into the Bill of Rights that would empower Texans to own, keep, and utilise any means of exchange of their choosing, including digital money.


When conducting a transaction, Texans would be free to utilise cash, coin, bullion, digital money, or scrip, according to the provision. "No government shall restrict or encumber the possession or holding of any kind or quantity of money or other cash," the section states. Explicit safeguards for Texans' inherent right to preserve, exchange, and store their money in their preferred means of exchange."

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CRYPTO MARKET News 📰

AT&T to Hold Digital Assets Education Session; Crypto Included?


While the crypto markets are showing signs of life, AT&T is sponsoring a digital asset education session. It's no surprise that the world's largest telecoms corporation is interested in the crypto ecosystem, with crypto gaining centre stage in financial technology. "Securing Your Digital Assets Today and Tomorrow" is the title of the seminar. It will take place on July 27th, at 01:00 PM Central Daylight Time.

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ETHUSD analysis 🖨

Time-Frame: 12-Hours

Ethereum has been one of the most strongest coins in this phase of recovery. It is still showing good signs of strength.

If it continues to hold its lower support levels a little longer - then expecting another move on the upside towards 1700$ region.

Breaking 1700$ region will put Ethereum towards 1920$ followed by 2199$ in coming sessions.

Stance: "Buy on Dip" as long as Ethereum holds onto 1250$ level support.

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CRYPTO MARKET News 📰

Tesla (TSLA) earning reports reveals they sold 75% of their Bitcoin worth $936 million.

- In trading terminology, $TSLA had its margin called and liquidated a major portion of its digital asset portfolio in order to achieve positive free cash flow and strengthen its balance sheet.


- Market Dumping on this news!!
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CRYPTO MARKET News 📰

As BTC and ETH rebound, BNP Paribas signs a crypto custody partnership.


Despite the recent crypto bear market, BNP Paribas (BNP) of France has allegedly inked a crypto custody cooperation with Swiss digital asset safeguarding business Metaco. Insider information provided CoinDesk with the newest update. However, BNP Paribas was unresponsive, while Metaco declined to comment.

This is not Metaco's first cryptocurrency custody agreement with a French bank. Societe Generale (GLE), a French financial institution, also collaborated with Metaco last month in a custody tech arrangement with the bank's digital asset subsidiary SG FORGE.

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SHIBUSD analysis 🖨

Time-Frame: 6-Hours

SHIB once of the earliest coins to reverse back the selling pressure and trigger a round of strong short-coverings. It is once more converging between a triangle formation.

A Bullish breakout looks the likely outcome - While a successful breakout above 0.00001170$ will put Shib on-course towards higher levels targeting 0.00001440$ followed by 0.00001490$. These targets are coming out as pattern length calculations.

On downside massive supports on formations with initial one at 0.00001070$ followed by 0.00000980$

Stance: "Buy on Dip"

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CRYPTO MARKET News 📰

Shiba Inu, Bitcoin, and Dogecoin are being used by brokerage firms.


Several brokerage businesses now accept Bitcoin, Dogecoin, and Shiba Inu as payment choices for their services.


Denison Yachting, a brokerage business located in the United States, was the first to accept cryptocurrency payments. The company began taking cryptocurrency in 2014 and has accepted Bitcoin payments for 17 boats.

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CRYPTO MARKET News 📰

🇬🇧 British regulator (FCA) says it has agreed to "deepen ties" with the United States on #cryptocurrency regulation.

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BTCUSD analysis 🖨

Time-Frame: 1-Month

Crypto traders have had a rough few months. Markets are down roughly 75% in the last 9 months. It is very important to understand that bear markets give rise to strong and prolonged bull markets.

This phase will pass quickly. As the bulls bounce back, the overall crypto market has big upside targets.

We are now in July. Bitcoin in July has historical gains for months. The bulls maintained their dominance over the previous 10 years and produced a bullish green close in 7 years.

We observed only 3 bearish trends in July. Another interesting fact is that 85% of the time, if July closes positively, August will likewise close bullish.


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CRYPTO MARKET News 📰

With Polygon, Disney's 2022 Accelerator Program targets Web3 Technologies.

Disney's 2022 Accelerator programme has been unveiled, and the entertainment company has indicated that this year's cohort will focus on augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters. Simply put, Disney shifted its attention to the technological development of Web 3.0 enterprises, fueling the upcoming digital metamorphosis.

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FED News 🏛

U.S. RATE FUTURES PRICING IN 22% CHANCE OF 100 BPS HIKE IN JULY MEETING, 79% OF 75 BPS -FEDWATCH

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CRYPTO MARKET News 📰

Singapore to impose sanctions on Russian banks and cryptocurrency funding

The measures prohibit the city-state's financial institutions from providing services that would aid Moscow in raising new funds

Singapore will impose unilateral sanctions against Russia, a move a former diplomat said was the first time in decades that the city-state was censuring a foreign nation without backing from the UN Security Council.

Sanctions include the imposition of export controls on items that can be used as weapons, financial measures on designated Russian banks and restrictions on cryptocurrency transactions that may be used to circumvent financial sanctions, said the Ministry of Foreign Affairs on Saturday.

For a small state like Singapore, this is not a theoretical principle, but a dangerous precedent. This is why Singapore has strongly condemned Russia’s unprovoked attack on Ukraine,” the ministry said.

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GOOD MORNING!! 📝

As you can see, last night and today, the price of Bitcoin fell sharply, and now it is around $39,300.

As you can see today, Bitcoin has fallen about 6 percent and ETH has fallen about 4 percent.

As you can see in the picture, the rest of the cryptocurrencies also started a downward trend today.

Also, Solana fell by about 4.5 percent and Cardano by about 3 percent

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CRYPTO MARKET News 📰

Ripple vs SEC lawsuit is coming to an end, sources reveal

After over one year of legal tensions, sources reveal that the lawsuit between Ripple and the SEC is coming to an end with a settlement.

After the settlement, the price of XRP could surge and there may be an increase in its adoption rate.

Finally, the lawsuit battle between Ripple and the Securities and Exchange Commission (SEC) has come to an end, sources reveal.

Several pieces of evidence indicate that Ripple did not break any securities laws during the XRP offering. Hopes are high that the SEC would enter a settlement with Ripple.


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FED Events 🏛

🇺🇸U.S. ECONOMIC DATA THIS WEEK

FED RATE HIKE (Wednesday)
Q2 GDP (Thursday)

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Informative Post📕

What is Shibarium?
Layer 2 solutions created to help scale an application by processing transactions off of the Ethereum Mainnet (Layer 1) while still maintaining the same security measures and decentralization as the mainnet. Layer 2 solutions increase throughput (transaction speed) and reduces gas fees.

Why is Shibarium important for Shiba Ecosystem?
In order to fully utilize all tokens, it will offer higher security, cheap gas fees, faster block validation and an easy way to Dapps for Shiba. This process will reduce Shiba supply in long run. Furthermore it connects all Shiba ecosystem.


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GOOD MORNING!!📝

The strong start to the week is followed by another exciting session. Bitcoin remains strong as it trades around 23,450$ while Ethereum trades at 1630$.

Bitcoin is up by 2.02% while Ethereum trades at 8.05% for the sessions.

Alts remain very strong for the session. Sol up 6.40% while DOT is up 5.60% for the day. SHIB and DOGE both remain positive for the day


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CRYPTO MARKET News 📰
Elon Musk speaks again:


Musk: Sold bitcoin holdings due to uncertainty around China lockdowns.

Musk: Open to increasing bitcoin holdings in future.

Musk: Not sold any of our dogecoin.


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CRYPTO MARKET News 📰

Is Shiba Inu Going to Make a Big Announcement About the SHIB Metaverse Project?

Shibarium, SHIB: The Metaverse, ShibaSwap 2.0, and ShibaNet are just a few of the projects Shiba Inu has planned for 2022. The SHIB team has just hired three visual effects gurus with decades of expertise for their future Metaverse project. The addition of industry specialists Marcie Jastrow, Sherri Cuono, and David Kern to the team signals that SHIB: The Metaverse is shaping up nicely.

Shytoshi Kusama, the principal developer of ShibaSwap, posted a GIF from the Avengers only a few hours ago, implying that a significant announcement regarding the Metaverse project is imminent.


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Crypto Fear & Greed Index 🎯

Mentioned it earlier that price's are bound to recover in coming sessions. With things going on course Fear Greed Index as massively improved and now stands at 30 which was seen below 20 previously.

Price has recovered massively off the previous week and month respectively.

*Disclaimer: Its best to buy in Fear conditions then Greed conditions.

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GOOD MORNING!!📝

An outstanding start of the week for crypto-market. Bulls are in complete control of the trend with Bitcoin currently trading at 22,250$ while Ethereum trading at 1,470$.

Bitcoin is up nearly 3.90% for the day while Ethereum is up by a whooping 8.30%.

Alts have also started very strong and aggressive for the day. Sol up 4.9% while AVAX and DOT leading the day.


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BOOM!!!

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CRYPTO MARKET News 📰

Vladimir Putin Bans Digital Payments in Russia

According to a policy update issued on Thursday, Russia's President Vladimir Putin has approved legislation prohibiting digital payments across the country.

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Web 3.0 will be the next bull market!!!!

Huge potential 💪💪


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Informative Post📕

Shiba Inu has 1.2 million owners.


This newest SHIB holder milestone, which has seen the ShibArmy reach an all-time high, has been a long time coming. Shiba Inu is now held by 1,200,000 wallets, according to Etherscan. This net rise, however, masks the amount of new users that add SHIB to their wallet every day. According to Certik, around 15,000 new wallets add SHIB every day, which is offset by a comparable amount dumping their SHIB holdings.


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BNB/USDT analysis 🖨

As you can see in the picture, BNB started to fall heavily after hitting the downtrend and even lost the support range of $393

The BNB price has moved up after reaching the $364 support level and is now in the $384 range.

We expect the price to reach the $393 resistance level again. For now, we have to wait and see. Of course, this is if the price of Bitcoin does not fall sharply and is neutral or up.

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BTC/USDT analysis 🖨

Time Frame 4H

As you can see, BTC, during last night and today, experienced a heavy price drop. Bitcoin was in an uptrend, and now the price has broken that uptrend.

Also, the very important support levels of $42,000 and $40,000 are lost. The price of Bitcoin is currently in the $39,000 range.

As you can see in the picture, the price is still uncertain and in this situation, there are two modes. One is that the price will move from the current point to the resistance range of $40,000 and $42,000, and the other is more likely that the price will fall further to the main support range of $36,000.

For now, it is suggested that we wait until the Bitcoin price movement is fully determined.

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Educational Post📕

How to Measure Head & Shoulders Target

A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest.

In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

The first and third peaks are shoulders, and the second peak forms the head. The line connecting the first and second troughs is called the neckline.

An inverse or reverse head and shoulders pattern is also a reliable indicator that can signal that a downward trend is about to reverse into an upward trend.

The opposite of a head and shoulders chart is the inverse head and shoulders , also called a head and shoulders bottom.

Measuring head and shoulders price target is simple.
You'd measure the peak of the head down to the neck line, and then drag it to the point where the stock breaks out from the pattern.

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LINK/USDT analysis 🖨

As you can see in the picture, LINK is in a wide bearish channel and what is clear is that the price still tends to fall more and improve rather than rise.

As you can see in the picture, link price is currently in the $14.5 range.

We expect the link price to reach the bottom of the downtrend channel as well as the important support level of $12.5 from the current range, where it will start gathering strength to climb again.

If the price of Bitcoin can maintain the support level of $40,000, the probability of maintaining the support level of $12.5 of the link is also high, otherwise it may lose this important support level, which is very unlikely at the moment.

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