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Tauseef78
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Explore my portfolio mix. Follow to see how I invest! As of today, May 13, 2025, Pepe Coin (PEPE) continues its impressive rally, gaining significant attention in the cryptocurrency market. Brave New Coin 📈 Current Price & Market Overview Pepe Coin is currently trading at approximately $0.000015, reflecting a 90% increase over the past week. This surge has propelled its market capitalization to around $5.89 billion, positioning it among the top-performing meme coins. Technical Analysis & Chart Insights Breakout Above Key Resistance: PEPE has surpassed the 200-day Exponential Moving Average (EMA) and the 61.80% Fibonacci retracement level at $0.00001426, indicating a strong bullish trend. FXEmpire +2 The Coin Republic +2 Pintu +2 Bullish Patterns: The formation of a rounding bottom pattern suggests potential for further upside, with analysts eyeing the next resistance levels at $0.00001714 and $0.000021. FX Leaders +4 Pintu +4 FXEmpire +4 Increased Trading Activity: The Open Interest in PEPE futures has approached $600 million, reflecting heightened trader engagement and confidence in the asset's upward momentum.
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Explore my portfolio mix. Follow to see how I invest!
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#CryptoCPIWatch Outlook Should the CPI data meet or underperform expectations, cryptocurrencies may experience a rebound, supported by ongoing institutional interest and favorable macroeconomic indicators. However, a higher-than-anticipated inflation rate could exert additional downward pressure on the market. CoinGape +2 Blockchain News +2 Blockchain News +2 Investors are advised to stay informed and exercise caution, as the upcoming CPI report is poised to significantly influence market trajectories.
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Bitcoin $BTC is trading around $103,600, down approximately 0.29% from the previous close. Ethereum $ETH stands at about $2,503, experiencing a 1.59% decline. BNB is priced at $652.51, down 5.11%, while $XRP has seen a slight increase of 0.8% to $2.53. Cardano (ADA) is trading at $0.798, reflecting 🔍 Market Sentiment and Expectations: The crypto market's current downturn is attributed to investor caution ahead of the CPI data release. Historically, higher-than-expected inflation figures have led to sell-offs in risk assets like cryptocurrencies, as they may prompt tighter monetary policies . Conversely, if the CPI aligns with or falls below expectations, it could bolster market confidence and potentially drive prices upward. Blockchain News Additionally, regulatory developments are influencing market dynamics. In Arizona, recent vetoes on crypto-friendly bills have added to investor uncertainty, further impacting prices . Outlook Should the CPI data meet or underperform expectations, cryptocurrencies may experience a rebound, supported by ongoing institutional interest and favorable macroeconomic indicators. However, a higher-than-anticipated inflation rate could exert additional downward pressure on the market. Investors are advised to stay informed and exercise caution, as the upcoming CPI report is poised to significantly influence market trajectories. #CryptoCPIWatch
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The U.S. Securities and Exchange Commission (SEC) hosted its fourth Crypto Task Force Roundtable on May 12, 2025, focusing on "Tokenization: Moving Assets Onchain—Where TradFi and DeFi Meet." The event brought together key industry leaders and regulators to discuss the integration of traditional finance (TradFi) with decentralized finance (DeFi) through asset tokenization. Key Highlights from the Roundtable. Regulatory Shift Announced: SEC Chair Paul Atkins introduced a new regulatory approach, moving away from enforcement-led actions towards establishing clear rules for digital asset issuance, custody, and trading. This marks a significant departure from previous strategies, aiming to provide clarity and support for innovation in the crypto space. Tokenization at the Forefront: The roundtable emphasized the potential of tokenization to enhance liquidity, transparency, and market access. Discussions centered on how on-chain asset migration can bridge the gap between TradFi and DeFi. Coin Edition Binance Custody and Compliance: Panelists explored the complexities of crypto custody, debating whether existing definitions of "qualified custodian" under investment adviser rules are adequate for digital assets. The need for a crypto-specific custody framework was also highlighted. Industry Participation: The event featured representatives from major financial institutions, including BlackRock and Nasdaq, indicating a growing institutional interest in the tokenization of assets.#CryptoRoundTableRemarks
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