📊 The asset is in a technically attractive zone for entry. The price has been consolidating for a long time in the range of $0.6100–$0.9000, and it is now breaking out of the accumulation.
📈 On the daily chart, the descending trend line has been broken on high volumes — this confirms a change in trend and opens the way for the development of a sustainable upward movement in the medium term.
💡I am waiting for a breakout of the resistance level
👁Above at the level of 106k, we have a strong resistance level from which we previously experienced a reversal to short.
❗️I expect a breakout of this level and a hold above for further long movement. I also do not rule out the possibility that we may get a bounce and drop down to the support level.
Meme factory on Solana (SOL) Pump Fun plans to conduct a sale of its own tokens worth 1 billion.$ with a total project valuation of 4 billion.$.
❕Considering that there haven't been such large "placements" in the crypto market for a long time, a pump is possible, but the risks of non-market and volatile movements also increase.
According to unconfirmed information, the project plans to provide the opportunity to buy coins both in a closed, private manner and on the open market.
There is currently no date for the token sale, but the launch of the asset may take place in the coming weeks.
🕯Given the trading volume and platform revenues, the valuation looks adequate, which may attract investors to the coin.
🇰🇷🟠A cryptocurrency-friendly president has come to power in South Korea, who has already promised necessary reforms.
✔️Lee Jae-moon - the new president of South Korea, who actively supports the crypto market.
💵 Among his main initiatives are the launch of spot cryptocurrency exchange-traded funds and the legalization of stablecoins.
❗️Also, at the initiative of the new head of state, the country's crypto sector is expecting the continuation of the implementation of the legislative regulation plan.
💬Lee Jae-moon previously stated that he plans to turn the country into a leader in digital finance in Asia. South Korea plans to simplify regulation in specially created blockchain regions, which will serve as technological hubs for the development and testing of innovative solutions.
💸The South Korean market is one of the largest crypto markets in the world. If regulators approve the initiatives of the new president, this could give an additional boost to the crypto sector, both within the country and in the region. $BTC #TrumpVsMusk
🔢. Trump does not intend to restore relations, warning Musk that there will be "serious consequences" if he funds the Democratic Party; 🔢 The Cetus protocol will be relaunched today at 9:00, with an LP recovery rate of 85%-99%; 🔢. "Zhong Zhi Hyun's husband lost 15 billion won in cryptocurrency trading" became a hot search query on Weibo and Baidu; 🔢. Bloomberg analyst: ETF for memes is likely to be launched in the future; 🔢. Argentina's anti-corruption office: Javier Milei's tweet about the libre is a personal act and does not violate public morality laws; 🔢. BiT Global, associated with Justin Sun, is ending its lawsuit with Coinbase regarding wBTC; 🔢. Alex Protocol lost $8.3 million due to an attack and promised full compensation. #Liqudity101
Co-founder of Ethereum Joseph Lubin stated that the project is negotiating with major sovereign funds and banks to build infrastructure based on the Ethereum blockchain. It involves a specific country, but Lubin generally implies the expansion of the project's ecosystem and infrastructure capabilities.
Lubin also noted positive expectations for the future of Ethereum.
💬According to the top manager, the world is in the final stages of a financial supercycle, and decentralized protocols will become the new global financial system.
🤑Loud partnerships and the arrival of institutional players in the Ethereum ecosystem, including the potential addition of coins to national reserves, could be a turning point for the blockchain and ETH, when the coin will be viewed in the same league as Bitcoin (BTC).
🕯Despite the volatility of Ethereum's price, Lubin notes that the network is laying the foundation for a new financial infrastructure, which could positively affect the price in the future. #CruptoFees101
🔥Morning news for you: 1⃣. Trump's tax reform bill is expected to pass the U.S. Senate, and no Republican legislator supports Musk; 2⃣. Harker from the Fed: The impact of tariffs has not fully manifested yet; 3⃣. The U.S. House of Representatives held another hearing on the cryptocurrency regulation bill, questioning Trump's conflict of interest;
✔️Bitcoin has corrected and entered a consolidation phase — as expected in the previous review.
🕯The price tested the designated support zone in the range of $97,700–100,700 and showed a confident reaction. After breaking the local descending trend line, a repeated attempt to test the level of $110,000 is likely to follow.
❗️Medium-term targets remain relevant — $115,000 and $120,000, and a consolidation above $110,000 may act as a catalyst for accelerating the upward trend.
$BTC 🗣Experts from the analytical platform CryptoQuant note that an altcoin season is still possible and they may rise in the final phase of the Bitcoin growth cycle.
🤑At some point, Bitcoin's dominance will decrease and altcoins will reveal their potential, as has happened in previous cycles.
This is classic behavior of crypto investors and the entire market: in the first stage, all attention and capital flows are towards BTC, while in the second half of the cycle, altcoins usually demonstrate significant growth.🔼
📉CryptoQuant noted that in the current cycle, altcoins have generally dropped even below expected levels, creating nervousness but also a base for at least a rebound, and at most, for a full rally.
🗣CryptoQuant experts also stated that they see pessimistic sentiments in the crypto market among those investors who bet on altcoins, but it is still too early for them to despair.
📊Alts may still receive an influx of liquidity in the later stages of the crypto cycle. #altsesaon
1️⃣. The X account associated with the Trump Wallet website has been frozen; 2️⃣. Source: Pump Fun plans to conduct a token sale worth $1 billion with an FDV of $4 billion; 3️⃣. Trump's social platform Truth Social has applied to create a Bitcoin ETF;
🇨🇳🤑The Chinese company Webus International, which specializes in artificial intelligence development, plans to invest $300 million in $XRP .
The main goal of the investment is to improve cross-border payment systems.
The investments are aimed at supporting Webus's blockchain goals, including record-keeping on the network, but not limited to that.
💬The CEO of Webus assumes that XRP will facilitate international transactions for Chinese companies amid cross-border banking issues.
✅In recent months, many corporations have started to build cryptocurrency reserves. Their main investment focus has been on Bitcoin (BTC), but some have begun experimenting with altcoins such as Ethereum (ETH), Solana (SOL), etc.
✅With its investments in XRP, Webus addresses two objectives at once: long-term investments and infrastructure implementation. #BinanceAlphaAlert
🖥 🪙 The fintech company Block will implement Bitcoin payments ($BTC ) on its Square platform.
BTC payments in the Square app are expected to be available by the end of 2025.
As a result, merchants will be able to accumulate BTC or automatically convert cryptocurrency to fiat in real-time.
The deployment of functionality through Square terminals and the Lightning Network protocol will begin in the second half of 2025. Coverage for all customers is expected by January, pending regulatory approvals.✔️
The initiative relies on the existing Square Bitcoin Conversions feature, which allows merchants to automatically convert revenue into the first cryptocurrency.
🔗 For consumers, payment will be made by scanning a QR code. Square will handle the technical issues, while the Lightning Network will ensure settlement.
According to Block, this is an expansion of economic opportunities for entrepreneurs who want to have a choice in payment acceptance.
The implementation of BTC payments through Square will expand the use of cryptocurrency in real business and may contribute to further growth in trust in Bitcoin as a means of payment. This is a positive signal for the market, especially in the long term.