🤝Musk-Durov Deal Drama: Elon Musk on Pavel Durov’s post: “N | PreetamTrader on Binance Square

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🤝Musk-Durov Deal Drama: Elon Musk on Pavel Durov’s post: “No deal signed.” Durov replies, “Agreed in principle, formalities pending.” #CryptoDeals 

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Binance Boosts $WCT Adoption with "Write to Earn" Program - June 3, 2025

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🤖BlackRock’s $BTC and $ETH Movements BlackRock deposited 1,249.68 $BTC ($131.55M) into Coinbase, totaling 5,362.37 $BTC ($560.94M) over two days, while withdrawing 27,241.4 $ETH ($69.25M), reflecting strategic rebalancing.

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👍Tether and Bitfinex Transfer $2.7B in $BTC to Twenty One Capital Tether and Bitfinex moved 25,812 $BTC ($2.7 billion) to Jack Mallers’ Twenty One Capital as pre-funding for its Bitcoin treasury strategy, signaling growing institutional activity.

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🚀Ripple’s RLUSD Stablecoin Gains Approval in Dubai Ripple’s RLUSD stablecoin has been recognized by the Dubai Financial Services Authority for use within the Dubai International Financial Centre, marking a significant step for Ripple’s global expansion.

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$BTC Trading Update: Navigating the $105,748 Zone - May 30, 2025 Bitcoin ($BTC) is holding at $105,748 as of 12:45 PM IST on May 30, 2025, after a volatile week that saw a dip from $111,970. The market is reacting to $345 million in liquidations, including a $100 million whale position, and a $359 million outflow from U.S. spot Bitcoin ETFs on May 29, ending a 10-day inflow streak. Despite this, $BTC shows resilience with whale wallets (100–1,000 $BTC) accumulating 122,330 coins over the past six weeks, signaling long-term confidence. Technically, $BTC is testing support at $103,200, with resistance at $108,800. The RSI at 61.07 indicates neutral momentum, but a bearish divergence warns of a potential drop to $100,000 if support breaks. On the upside, a break above $110,000 could target $114,000, aligning with Standard Chartered’s $200,000 year-end forecast, driven by global M2 money supply growth. However, external pressures like the U.S. tariff ruling, China’s renewed Bitcoin ban, and a 10-year Treasury yield above 4.50% are weighing on sentiment. Trading Strategy: Enter a long position if $BTC breaks $106,000 with strong volume, targeting $108,800, with a stop-loss at $102,500 to manage risk. Alternatively, short below $103,200, aiming for $100,000. Hedge with $103,000 puts due to $10 billion in options expiring soon. Risk only 2-3% of your portfolio per trade. Outlook: $BTC’s long-term bullish trend remains intact, supported by institutional interest ($110 billion in ETF assets) and the 200-day moving average. Stay cautious of short-term volatility from geopolitical risks and profit-taking. Share your thoughts—how are you trading this $BTC zone? #Trading #CryptoAnalysis This 300-word post is tailored for Binance’s audience, offering a concise $BTC analysis with actionable trading insights, grounded in real-time data. It’s engaging and encourages community interaction.

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