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$GTC cooling after explosive rally - The next bounce loading GTC is consolidating near a key support zone at $0.350 after its sharp correction. A sustained hold here could trigger a rebound toward $0.450–$0.500, while a break below $0.340 may invite deeper downside. • Current Price: $0.373 (−3.12% 24h) • 24h Range: $0.350 → $0.500 • Major Support: $0.350 → $0.312 • Resistance Levels: $0.450 → $0.546 • Entry Zone: Accumulation near $0.350 support with bullish reversal signal • Next Target: $0.450 → $0.500 • Stop-Loss: Below $0.340 for risk control • Trend Signal: Pullback from FVG zone after strong pump; consolidating at support • Momentum: Bulls need a reclaim of $0.400 to regain control • Outlook: Holding above $0.350 could set up a recovery push toward mid-$0.40s. #MarketTurbulence #HotJulyPPI #DeFiGetsGraded #GTC
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Coinbase Premium Gap Signals Strong U.S. Institutional Demand for Bitcoin The Coinbase Premium Gap for Bitcoin has jumped to $88.7, signaling intensified spot buying activity from U.S.-based institutional investors on Coinbase. The “premium gap” measures the price difference for Bitcoin between Coinbase and other major global exchanges. A positive reading like this suggests that U.S. buyers-often large funds and institutions-are willing to pay more to secure their positions, pushing Coinbase’s BTC price above the global average. Such spikes are often interpreted as bullish signals, as they reflect real spot demand rather than purely leveraged trading. If this buying momentum persists, it could help stabilize Bitcoin’s price during volatility and potentially drive the next leg up. #MarketTurbulence #REVABinanceTGE #ETHTreasuryStrategy
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Citigroup Gears Up for a Crypto RoleCustody and Payment Services on the Horizon Citigroup is quietly preparing to step into the digital asset arena, eyeing custody and payment offerings that cover both stablecoins and crypto ETFs. Biswarup Chatterjee, who leads partnerships and innovation at the bank, briefly confirmed that the bank’s first move could be to safeguard the high-quality asset reserves backing stablecoins, like U.S. Treasuries and cash . Why this matters: A freshly passed U.S. law (the “GENIUS Act”) now requires stablecoin issuers to have secure, reserve backing. That opens the door for established custodian banks like Citi to offer secure storage solutions—a space that’s traditionally belonged to crypto-native players. Citigroup isn’t stopping there; it’s also looking into providing custody for digital assets tied to crypto ETFs, an area currently dominated by Coinbase, which handles over 80% of that market . What Citigroup Is Considering Beyond Custody Instant, Cross-Border Payments with Stablecoins Citi already allows tokenized U.S. dollar transfers via blockchain between financial centers like New York, London, and Hong Kong. The bank is now exploring ways to let clients instantly move stablecoins-or convert them into dollars-for faster settlements . Launching Its Own Stablecoin Citigroup isn’t just thinking about custody. The bank is also considering issuing its own stablecoin, a move that would align with its growing push into the tokenized deposit space and enhance its digital payments ecosystem . What’s Driving the Shift? Regulatory Tailwinds: The SEC’s approval of spot Bitcoin ETFs later brought surging institutional interest. Now, improved regulatory clarity regarding stablecoin backing is encouraging banks to participate more actively in the crypto economy . Growing Market Demand: Between spot crypto ETFs and a $250 billion-plus stablecoin market, there’s serious traction-and banks want in . #BNBBreaksATH #MarketTurbulence #HotJulyPPI #crypto #Binance
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