Shiba inu making Cup-and-Handle Formation Shows Strong Conti | Cointraker on Binance Square

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Shiba inu making Cup-and-Handle Formation Shows Strong Continuation Setup#ShibaPricePrediction 

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Bonk is making symmetrical traingle which is usually observed before powerful price action. IT also makes golden cross, it means ideally bullish breakout. #BinanceHODLerTOWNS

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Ena is looks promising 1. Double bottom 2. Golden cross 3. Falling Wedge Pattern A typically bullish sign #BTCPrediction

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$ENA Ethena (ENA) crypto is about to unlock 171.85M tokens starting on the 6th of August, worth around $103.02M at the current price (about 2.70% of the market cap). This is one of the biggest unlocks since the Trump meme coin’s supply unlock. But, despite that, the ENA Crypto price has been holding strong lately and hasn’t really reacted much. It’s actually pumped over 140% in the last month. The ENA crypto chart is in a good place right now; trading above the 5, 10, and 20-day moving averages shows it’s still bullish. The price recently pushed past $0.60, then got rejected at resistance around $0.62. If it can hold above $0.50–$0.55, we might see it push higher, maybe even hit $0.70 or $0.75. RSI cooled off from overbought levels (75), so it’s taking a breather, but if it stays above 50, we’re suitable for more upside. MACD’s still showing positive momentum, but if it starts converging with the signal line, that’s a sign the trend could slow down. Keep an eye on the volume; if it stays strong, we might see ENA break past resistance. Historically, ENA does exceptionally well in the post-unlock 7-day period. However, none of the previous unlocks was this big. It will be interesting to see if they can do it again this time. Ethena Labs just crossed $10B in TVL, mainly thanks to the USDe 11% APY, which is now trusted by most in the market. Despite the price, Ethena (ENA) hit a new all-time high market cap of $3.83B. The previous peak was in January of this year at $3.7B. While ENA is looking mostly bullish, this high market cap can limit traders’ profits. That’s why investors who missed Ethena’s run are now eyeing new coins. Snorter presales are fitting right in, offering high APY for coin stakers. #BTCReserveStrategy

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#CFTCCryptoSprint The United States Commodities Futures Trading Commission (CFTC) has announced a new initiative that will improve crypto regulations in the country. According to reports, the CTFC will, through its new Crypto Sprint Initiative, enter a collaboration with the United States Securities and Exchange Commission (SEC) to advance crypto regulations. The collaboration between the SEC and CFTC is expected to help the United States’ goal of dominating and leading the global market. In addition, the initiative will also improve regulatory clarity and foster blockchain innovation. This means that the crypto market landscape in the United States is expected to be affected, reaching major digital assets like Bitcoin and Ethereum. Reacting to the initiative, Caroline Pham, acting chairman of the CFTC, mentioned that the Crypto Sprint will begin by implementing the recommendations in the report submitted by the President’s Working Group on Digital Assets Markets. The report, which was recently released by the group, was designed to fulfill the promises made by United States President Donald Trump, especially about making America “the crypto capital of the world.” In the report, the Working Group, which consists of top officials across federal agencies, outlined new legislative and regulatory proposals targeting every aspect of the crypto industry, ranging from banking and taxation to decentralized finance and stablecoins. The report also defines how Congress, CFTC, IRS, SEC, and other banking regulators are expected to fill legal gaps and keep the United States ahead in the “Golden Age of Crypto.” The Working Group called on Congress to pass legislation that would give the CFTC clear authority to regulate the spot market for digital assets that are not recognized as securities. It also noted that there is a need to embrace DeFi, urging the government to “recognize the potential of integrating such technology into mainstream finance.” #BinanceHODLerTOWNS

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I have received rewards from Binance. This is my third rewards from Binance #ProjectCrypto

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