#ONDO #1H The above cryptocurrency is on a 1-hour timeframe, where the price is currently engaging with the resistance level at 1.0507. We can enter a trade upon a breakout or reversal from this zone. ā¤ļø
š“ Exciting news released a few hours ago: David Bailey, former crypto advisor to Trump, is launching and registering a new company that exclusively accepts and makes payments in Bitcoin! He plans to raise $300 million in capital for the company and then offer it publicly on the stock exchange. Apparently, the companyās focus is solely on the expansion, development, and recovery of Bitcoin infrastructure, ignoring all other global currencies.
š“ New post by Robert Kiyosaki on X: Toyota, Honda, and Nissan have decided to stop car sales to the United States. This means unemployment and trouble in states reliant on Japanese cars. Prepare for a crash. The stage is set for American automakers like Ford to grow if theyāre ready. Currency wars lead to trade wars, and trade wars lead to world wars! Be prepared. Regardless of what I said, gold, silver, and Bitcoin will protect you from such chaos. Theyāll shield you from fear.
š“ Michael Saylorās Bitcoin Gobbling š The chart above shows the total Bitcoin supply after subtracting the purchases by [Micro]Strategy (owned by Michael Saylor). āŗļø As evident, since late 2024, this buying pressureārelative to supplyāhas been so intense that it has turned the curveās slope negative. āŗļø In simple terms, the buying and accumulation of Bitcoin by Michael Saylorās company alone has caused negative inflation, or a reduction in the supply trend, for this asset. š° So, this guy isnāt just all talkāheās a key player in what he preaches. He must see some potential in this asset, out of reach from money-printing governments, that heās so greedily devouring Bitcoin.
āŖ As always: Today is Saturday, and tomorrow is Sunday, when financial institutions, banks, trading companies, and basically the big whales are not active in the market. So, be careful not to get stopped out unnecessarily by the moves of smaller whales. šš¤
Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity
XRP has seen positive investment inflows over the past week as the overall cryptocurrency market experiences its third consecutive week of inflows. The latest XRP inflows follow several weeks of positive performance for Ripple coin, which had recorded $31.6 million in inflows the previous week
According to Greeks.live, a timely reminder was issued on May 6, 2025, regarding upcoming options expiries that could significantly impact cryptocurrency market volatility. Traders should monitor open interest and implied volatility on major derivatives platforms as these expiries often lead to heightened price movement and liquidity shifts, influencing short-term trading strategies
Digital asset investment products saw a surge in momentum, with $2 billion in weekly inflows pushing the 3-week total to $5.5 billion. Bitcoin led the charge, while ethereum, XRP, and tezos also gained ground.
ā ļø Pay attention to this Bitcoin CME gap! It spans from $96,500 to $97,500. The CME gap refers to a price range on the Chicago Mercantile Exchange (CME) Bitcoin futures chart where no trading occurred, forming a āgap.ā This specific gap between $96,500 and $97,500 is notable, as such gaps often attract price action to āfillā them, potentially acting as support or resistance. With Bitcoin currently around $95,466 (as of May 5, 2025), this nearby gap is a critical zone to watch for price movements.
three cryptocurrencies to watch in May 2025: 1. Immutable (IMX): Layer-2 gaming/NFT network, unlocking $10.4M in tokens Tuesday. Price at $0.60, showing bullish patterns. 2. Ethena (ENA): USDe stablecoin issuer, unlocking $23M in tokens May 5. Price under pressure, may drop to $0.2520 or $0.20. 3. IOTA (IOTA): Launches Rebased upgrade May 5, enabling decentralization, smart contracts, and staking, competing with Ethereum/Cardano.
Last week, the island nation, better known for honeymooners than hash rates, announced a jaw-dropping $9 billion joint venture to build a Maldives International Financial Centre focused on blockchain and digital assets. #Crypto #BTC