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Ethereum (ETH) is exhibiting strong bullish momentum today, with the price currently around $2,411.77. This surge follows a significant 20% increase in the past 24 hours, marking the largest single-day gain this year. The rally is fueled by over $265 million in short liquidations and a 184% spike in futures volume, indicating robust buying interest and potential for further upside. 📈 Intraday Trading Strategy (May 10, 2025) Current Price: ~$2,411.77 Trend: Strongly Bullish Entry Point Pullback Entry: Consider entering around $2,350–$2,370 if the price retraces to this support zone. Breakout Entry: Alternatively, a breakout above $2,450 could signal continuation of the uptrend. 🔹 Stop-Loss (SL) Pullback Entry SL: Place a stop-loss below $2,300 to manage risk in case of a deeper correction. Breakout Entry SL: For breakout entries, a stop-loss around $2,400 can help protect against false breakouts. Take-Profit (TP) Targets TP1: $2,500 — aligns with the next significant resistance level. TP2: $2,550 — potential extension if bullish momentum persists. Risk-Reward Ratio: Aiming for a minimum of 2:1 to ensure favorable trade dynamics. $ETH
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$XRP Another factor that triggered the XRP price upwards is the developments on the exchange-traded funds (ETF) side, which will allow institutional investors to buy XRP without any cryptocurrency exchange. Indeed, it is known that many giant companies that are currently issuing spot Bitcoin ETFs are knocking on the door of the US Securities and Exchange Commission (SEC) for XRP. There are new developments regarding the launch of XRP as an ETF. According to the application made to the SEC by ETF issuer company ProShares, XRP's products with up to 2x leverage will meet investors in the traditional market. The new products green-lighted by the SEC include the Ultra XRP ETF, Short XRP ETF and Ultra Short XRP ETF. Analysts' expectation of approval is 80 percent
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🚨 BREAKING UPDATE: Major Cryptocurrency & Trump-Related Announcement Expected Tomorrow. Tomorrow, President Donald Trump is set to hold a major press conference at the Oval Office, where he’s expected to announce a “major trade deal” with a “big, highly respected country.” Reports strongly suggest the partner may be the United Kingdom. 🔥 Context: Trump’s Ties to Crypto President Trump’s administration has become increasingly active in the cryptocurrency space: U.S. Strategic Bitcoin Reserve: In March 2025, Trump signed an executive order to establish a Strategic Bitcoin Reserve, using over 200,000 BTC seized from civil and criminal cases. Trump Family Stablecoin: The Trump family launched a USD-backed stablecoin called USD1 through World Liberty Financial. The coin is part of a $2 billion investment plan into Binance, in partnership with a sovereign wealth fund from the UAE. Legal & Ethical Concerns: Some lawmakers are pushing for investigations, warning of ethical conflicts between Trump’s private crypto ventures and his public policy decisions. 💹 Market Implications If the trade deal is pro-crypto or enhances U.S.-UK digital asset cooperation, Bitcoin could break past $100,000, driven by institutional and retail investor optimism. If the announcement causes geopolitical or regulatory uncertainty, it could bring short-term volatility to the crypto markets. At the time of writing, Bitcoin is trading around $102,850, approaching all-time highs. Tomorrow’s announcement may be a key turning point for both the crypto market and global trade. $BTC $BNB $SOL
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#CryptoComeback 📈 Crypto Comeback Mode: ON 🚀 The dip was just the setup. Bulls are back, charts are lit, and the FOMO is real. Are you ready or still sleeping on it? ⏳💸 #CryptoComeback🎉🎉🎉 #bullrun2025📈📈 #bitcoin $BTC $ETH $SOL
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Latest News
Binance Market Update (2025-05-10)
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BNB Drops Below 660 USDT with a Narrowed 3.48% Increase in 24 Hours
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Kiyosaki Urges Shift from Fiat to Bitcoin and Precious Metals
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Ethereum(ETH) Surpasses 2,400 USDT with a 1.44% Increase in 24 Hours
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