#USDT Dollar Weakens đ USD has reached a 3-year low. This increases market turbulence and may temporarily reduce interest in risky assets, including crypto. However, in the long term, a weak dollar stimulates demand for Bitcoin as a means of capital preservation, which supports the growth of the crypto market.
#ETH đ˘ Abraxas Capital continues to actively operate in the market: just in the last week, the company withdrew 8,719 ETH from Binance amounting to $14.22 million. In the last two hours, another 6,000 ETH ($9.88 million) was withdrawn, which was immediately transferred to the Aave protocol. Such a movement of funds may indicate preparations for profitable DeFi strategies or expectations of an increase in the ETH rate. We are closely monitoring the movements of major players.
$TRX Universal News đĽđ¨đĽ One of the most anticipated events of the year is coming soon â the Consensus 2025 conference! Leading leaders, investors, and founders of global technology and blockchain companies are invited to it. Particular attention is drawn to the participation of Pi Network â one of the main sponsors of the event. The founder of the Pi project will deliver a speech that, according to rumors, will be a real breakthrough and set a new direction for development not only for the Pi community but for the entire crypto market. The $TRX community is actively watching the developments, as such a concentration of leaders could become a catalyst for new partnerships, integrations, and solutions that will change the future of Web3. Stay tuned for updates so you don't miss the most important news!
If I don't see the buyer's strength right away, I will short down to the imbalance zone below, and then I'll start accumulating longs. Overall, I'm set for growth from the current levels! #PENDLEUSDT
The large investment fund 'Galaxy Digital' has purchased the coin SOL for a total of $79.7 million in the last 24 hours!
All the purchased volume was immediately put into staking, which indicates their long-term goals for the coin.
Even if we experience some significant fluctuations in Solana, this capital will not be a problem as they are focused on a longer price development, which is confirmed by their staking. They know very well what prices we can expect in the future and what risks may arise. Market giants like this fund do not just jump into everything; they only choose those assets they are confident in and expect strong growth momentum from. It's worth noting. #SOLUSDT
Bitcoin has been trading sideways for a week now and doesn't seem to want to break out of it.
Considering the current neutral trading, I allow for the possibility of a small local bounce before the start of another decline. All of this may give people faith in growth, and as a rule, a local bounce or a longer sideways movement acts as bait for building long positions, which are subsequently cut off by further downward impulses, thereby collecting significant liquidity from the market. Therefore, we anticipate a bounce, but the priority is still a further market correction and a drop below $80k.
They are delaying the drop because many were expecting it; the longer people do not receive the expected impulse, the more they start to change their views. Right now, the market sentiment is beginning to shift in a more positive direction, which typically foreshadows further market correction.
#TrumpVsPowell Senator Elizabeth Warren expressed concern that a potential attempt by President Trump to remove Federal Reserve Chairman Jerome Powell from office could provoke serious upheaval in the financial markets.
In a comment to CNBC, Warren stated that under the law, the president does not have the authority to dismiss Powell. At the same time, she expressed doubt about Trump's willingness to adhere to established legal norms.
The senator also emphasized that such interference could cause panic among investors and harm the American economy. She stressed that the stability of the financial system is ensured by its independence from political influence.
Login to explore more contents
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto