Some exciting recent @Celo community highlights:
💱 Stable Mag by @Celo is back for Edition #5 with Celo and @Ethereum stablecoin news
c▪L @cLabs launched a brand refresh completed the Isthmus hardfork on the Baklava testnet — next up: Alfajores and Mainnet!
𝗩 @VNX_Platform adds three fiat-referenced tokens to Celo: 🇪🇺 VEUR (Euro), 🇨🇭 VCHF (Swiss Franc), and 🇬🇧 VGBP (British Pound)
🟣 @MentoLabs launched new brand, say hello to Mento V3 👋
👻 @Aave V3 incentives are back on Celo, now with Wrapped ETH markets
3️⃣ @BandoCool posts videos explaining how their users grew from hundreds to tens of thousands since launching on @MiniPay
📲 @MiniPay and @MentoLabs announce MENTO Rewards Earn campaign for transacting, holding, and swapping
Ᵽ @PretiumApp reaches 10K+ app downloads on the Google Play Store
👷 @CeloDevs announces that Proof of Ship 5 is now live as well as the winners of Proof of Ship 4 with over 20 projects submitted
🟨 @RegenRene speaks at @FundingCommons about @SelfProtocol and its progress since launch
🟠 @Prezenti_Grants will host the Celo Grantee June Showcase Monday, June 23 at 8:00 PDT
ꔋ @Tatum_io features yours truly as a 2025 Top 50 Web3 Tech Leader
What did I miss?
CRYPTO MARKET REBOUNDS AS IRAN SEEKS PEACE TALKS WITH ISRAEL & US!
The crypto market is indeed rebounding, with Bitcoin leading the charge, following reports that Iran is seeking peace talks with Israel and the US. This development has sparked hopes of de-escalating tensions in the Middle East, which had previously sent shockwaves through global financial markets, including cryptocurrencies.
Key Market Movements:
-Bitcoin Price Reclaimed the psychological $107,000 level, surging to an intraday high of around $107,800.
- Altcoin Performance: Major altcoins like Ethereum, Solana, XRP, and Binance Coin are also in the green, with Ethereum looking to reclaim the $2,700 level.
Market Capitalization: The crypto market cap is up over 2%, reaching $3.35 trillion.
Factors Driving the Rebound:
- Iran's Peace Overtures: Reports suggest Iran is urgently signaling its desire to end hostilities and resume talks over its nuclear programs.
De-escalating Tensions: This potential shift in Iran's stance has led to a decrease in market volatility, boosting investor confidence.
Expert Insights: Analysts like Raoul Pal believe that despite initial market fluctuations, Bitcoin remains on track for gains, citing its growing perception as "digital gold" during crises .
What's Next?
The crypto market's reaction to these developments will likely depend on the trajectory of Iran-Israel relations and the global economic landscape. As tensions ease, investors may become more optimistic about risk assets, potentially driving further gains in the crypto market .
CAN DOGECOIN RECLAIM THE $0.20 MARK?
Dogecoin's current price is around $0.18, and it's showing signs of a potential rebound. To reclaim the $0.20 mark, DOGE would need to break through its current resistance level of $0.1783. If successful, the next key resistance levels to watch would be $0.1952 and $0.2054 .
Key Indicators Suggesting a Potential Rebound:
- *Bullish RSI and MACD Signals: Dogecoin's RSI has turned positive in the near-oversold region, and the MACD lines are close to a bullish crossover, indicating a potential comeback.
Double-Bottom Reversal: The RSI shows a bullish divergence at the previous two bottoms formed near the $0.17 demand zone, hinting at a double-bottom reversal.
Mean Dollar Invested Age (MDIA): An increasing MDIA typically reflects rising long-term confidence, suggesting investors believe a major price move could be on the horizon .
Potential Risks:
- Close Below $0.17 Demand Zone: A close below $0.17 could test the $0.1298 support floor, potentially leading to further losses.
Liquidation Risks: Recent data shows a massive wipeout of bullish traders, with long liquidations rising to $4.23 million, which could impact DOGE's price movement .
Overall, while Dogecoin has shown signs of recovery and potential for growth, the cryptocurrency market remains unpredictable, and investors should be cautious .#MyTradingStyle #DAOBaseAIBinanceTGE #doge⚡ $DOGE
WILL ETHEREUM HIT $3000 THIS WEEK?
Ethereum's current price is around $2,570.87, and predictions suggest it might reach $3,000 soon, but there's no guarantee it will hit that mark this week. Analysts have set various price targets for Ethereum, including :
Short-term prediction: One analyst expects Ethereum to reach $2,650 by June 24, 2025, with a potential high of $2,700 and a low of $2,580
Resistance levels: Key resistance levels to watch out for are $2,797, $2,940, and $3,149. A break above these levels could signal further price gains.
Long-term prediction: Some analysts predict Ethereum could reach $4,095 and potentially surge to $7,594.
Key Factors to Watch:
-Market sentiment: Ethereum's price movement will depend on market sentiment, with bullish trends potentially driving prices up.
Technical indicators: Indicators like RSI and MACD can provide insights into Ethereum's potential price movements.
Regulatory developments: Any changes in regulations or macroeconomic events could significantly impact Ethereum's price .
Conclusion:
While Ethereum has the potential to reach $3,000, it's essential to monitor market trends, technical indicators, and resistance levels to make informed investment decisions .#MyTradingStyle #DAOBaseAIBinanceTGE #ETH $ETH
A full upgrade of $MKR tokens to $SKY is happening right now.
SKY holders can stake their tokens and access rewards in USDS.
Existing MKR holders can upgrade to SKY at the rate of 1:24,000 (1 MKR to 24,000 SKY), and they could choose to do it before 18 September.
Post that, a 1% penalty on 18 Sept, increasing by 1% every three months until it reaches 100% in 25 years
website to upgrade tokens:
https://t.co/0CqUsTZKKA
Sky is working to transition to 0 fixed costs at the end of 2025, which would ensure a smooth experience for holders.