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#XSuperApp 🚨 Elon Musk X platform is transforming very first and as per now they are planning to launch investment and trading features as part of its push to become an all-in-one"super app".This will enable it's users to be able to make payments,invest and trade within the X platform,with a credit or debit card possibly launching later this year.As a result this will bring impact to crypto market by attracting many users to use X for payments and trading 🚀
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#SwingTradingStrategy 📢🚨 Ethereum (ETH) has seen a significant downtrend in the last 24 hours, currently trading around $2,400-$2,420, representing a drop of approximately 3-5%. This movement comes after it was hovering around $2,500 and faced rejection from higher resistance levels, notably around $2,750-$2,850 in recent days. For swing traders, the current price action suggests a bearish short-term outlook. Key levels to watch: * Resistance: $2,500-$2,540 (previous support now resistance), $2,614, and $2,678. * Support: $2,380-$2,400 is crucial. A breakdown below this could lead to further declines towards $2,490 and potentially $2,450-$2,455.
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$BTC 🚨📢 Bullish pressure persists for $BTC! With strong support around $103,300 (50-day EMA) and a recent symmetrical triangle breakout, the path to $107,000+ appears to be in play. Dips could be opportunities as the market seeks momentum for further highs.
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#FOMCMeeting 🚨🚨 its latest FOMC meeting, maintaining the benchmark interest rate at **5.25%-5.50%** for the seventh consecutive meeting. While inflation remains elevated, Chair Jerome Powell signaled growing confidence in the disinflationary trend, hinting at potential policy adjustments later this year. Key Takeaways: 1. **"Higher for Longer" Persists:** Rates remain at a 23-year high as the Fed seeks "greater confidence" inflation is sustainably moving toward its 2% target. 2. **Slower Balance Sheet Runoff (QT):** Starting in July, the Fed will reduce the pace of its Treasury securities roll-off from $60 billion to $25 billion monthly—a move to ease liquidity pressure without halting contraction.
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#MetaplanetBTCPurchase 🚨📢 On Monday, Metaplanet announced that it had purchased the Bitcoin (BTC) stack for 16.88 billion Japanese yen ($117 million). The firm now holds 10,000 Bitcoin, beating Coinbase’s 9,267 Bitcoin, according to data from Bitbo. The average price of Metaplanet’s 10,000 BTC now stands at 13.9 million Japanese yen, approximately $96,400 per Bitcoin.
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