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PENGU Surges After Major Exchange Listing, $334.8M Volume and Whale Moves Drive Volatility
Pudgy Penguins’ native token, PENGU, recently saw heightened activity following its listing on Binance and an associated airdrop to NFT holders. This event was accompanied by significant on-chain movements, with large investors, including the Sigil Fund, selling approximately 52 million PENGU tokens.
Over the last 24 hours, PENGU traded in the $0.0141–$0.0144 range, reflecting a modest 0.56% price increase and a 24-hour trading volume of $334.8 million. While the broader cryptocurrency market cap rose by 2.48% to $3 trillion, PENGU’s price movement appears to be influenced by increased liquidity and investor activity following its major exchange listing and token distribution. The selling activity from large holders post-airdrop likely contributed to recent volatility, while overall market momentum and the surge in Pudgy Penguins NFT floor prices have supported continued interest in the token.
Arizona passes bill to preserve unclaimed digital assets and create Bitcoin Reserve Fund.
On Wednesday, Arizona Governor Katie Hobbs signed House Bill 2749.
Arizona may claim abandoned digital assets if the owner doesn't reply within three years under this measure.
The law mirrors New Hampshire law 302, which lets the state treasury invest in cryptocurrencies.
Arizona Governor Katie Hobbs signed House Bill 2749 Wednesday. Arizona may claim abandoned digital assets if the owner doesn't reply within three years under this measure. This follows New Hampshire Bill 302, which lets the state treasury invest in cryptocurrencies.
Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, enabling Arizona to take ownership of unclaimed digital assets, including bitcoin, abandoned for three years. Bitcoin rose beyond $97,000 on Tuesday and $98,500 on Wednesday after the announcement.
The bill also allows the formation of a Bitcoin and Digital Asset Reserve Fund that will grow via staking rewards and airdrops without government cash.
“Digital assets aren't the future—they're the present,” Chairman Weninger said in the news release.
Weninger added, “This law ensures Arizona doesn’t leave value on the table and puts us in a position to lead the country in how we secure, manage, and benefit from abandoned digital currency.
Hobbs rejected another measure Friday for being a “untested investment,” despite Arizona's House and Senate support. However, her backing of HB 2749 has boosted state crypto legislative hopes.
On Tuesday, New Hampshire Governor Kelly Ayotte signed House Bill 302 (HB 302), making the state the first to create a Strategic Bitcoin Reserve. The state treasurer may invest 5% of public money in Bitcoin and other digital assets under the legislation.
Arizona's latest development and New Hampshire's BTC reserve bill acceptance might create a precedent for North Carolina and Texas, who are also in the State Reserve Race. This might boost Bitcoin's acceptance and longevity.
#Arizona #BTCtrade #TradeStories #FOMCMeeting $BTC
$WCT STRUGGLING AT RESISTANCE – CONSOLIDATION OR NEXT PUSH?
$WCT/USDT is trading at $0.4027, holding above short-term support after bouncing off the $0.3839 low. Price is moving sideways near key resistance, hinting at indecision but with a slight bullish tilt.
Key Levels to Watch:
• Resistance Zone: $0.4050 – $0.4080
A clean breakout above this zone could spark a rally toward the recent high of $0.4130 and beyond.
• Support Zone: $0.3980 – $0.4000
If this level gives way, we could see a pullback to $0.3900–$0.3850.
Trade Setup – Consolidation With Breakout Potential
Bullish Entry: Above $0.4050
• TP1: $0.4100
• TP2: $0.4170
Bearish Entry: Below $0.3980
• TP1: $0.3900
• TP2: $0.3840
Stop-Loss: For longs, below $0.3970; for shorts, above $0.4085
watch for a volume surge to confirm direction as $WCT tests a crucial breakout level.
#USHouseMarketStructureDraft
#PectraUpgrade
#FOMCMeeting
{spot}(WCTUSDT)
BOOOOOOOOOOOMMM!🔥 $BTC /USDT Signal SMASHED Take Profit! 🚀💰
Another precision strike! 💯
Our $BTC signal was shared at 98,821.35 and it ROCKETED all the way to 99,782.30 – delivering solid profits for our sharp traders!
Trade Recap: • Entry: 98,821.35
• Hit Target: 99,782.30
• Gain: Over 960+ points – clean & powerful!
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$BTC
{spot}(BTCUSDT)
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