MANTRA has just permanently burned 150 million $OM tokens (worth $82M) — wiping out 11% of total supply in one move!
What it means: ✅ Scarcity Boost – Fewer tokens = stronger long-term value. ✅ Investor Confidence – Focus on real, sustainable growth (not just hype). ✅ HODLer Power – Lower sell pressure rewards loyal holders.
CEO John Patrick Mullin’s Game Plan: → Focus on Real-World Assets (RWA) → Strengthen DeFi ecosystem → Cement MANTRA’s leadership in tokenized assets.
Market Snapshot: Current Price: $0.5156 (-3.7%) Support Zone: $0.50 (critical to hold) Next Targets: $0.60 → $0.75 → $1+ (if momentum returns)
Is Now a Good Time? 📉 Short-term: Volatility expected, $0.45–$0.50 = strong buy zone. 📈 Long-term: Supply shock + adoption push = major rally potential.
Bottom Line: With 11% of supply burned and a clear vision for RWA growth, $OM could be gearing up for something BIG. Stay alert!
First Binance Community Meetup in Montenegro, Podgorica! 🇲🇪 Details here: https://www.binance.events/eb42zw Registration: https://www.binance.events/GVkM7Q
Paul Atkins, known for his previous work at the SEC and his friendly stance towards crypto, has been reappointed as the chairman of the SEC. A more lenient regulatory approach towards the crypto industry is expected.
Unlike Bitcoin, Ether (ETH) saw a slight dip of 0.6%, closing the week at $1,585. This marks the second consecutive indecisive week for ETH, signaling uncertainty in market direction.
🐂 Bulls face a tough challenge ahead. Their first key objectives are breaking the trendline and reclaiming the psychological level of $2,000.
🐻 Bears remain in control for now, eyeing a drop below the $1,500 psychological support — with $1,200 as their next major target.
Bitcoin (BTC) closed the week at $85,170, marking a 1.7% increase. Bulls successfully defended the broken trendline (orange on the chart) and pushed the price higher, signaling a possible trend reversal.
🎯 The next bullish target lies between $91,500 and $92,700 — a key support zone throughout late 2024 and early 2025.
🐻 Bears, on the other hand, will aim to drag BTC back below the trendline. Their main target remains the $73,835–$71,000 zone.
📉 ECB cuts rates again! For the seventh time since June 2024, the ECB is lowering rates by 25 bps. The goal? To ease inflation as goods are arriving from the U.S. to the EU market at lower prices due to Trump's tariffs.
Ethereum ended the week at $1,600, up 1.1%. Bulls managed to defend the $1,520 zone, which has acted as a key support in the past. The week ended with a harami candlestick pattern, hinting at a possible trend shift.
🔼 ETH remains in a selling zone, but bulls are eyeing a breakout above the descending trendline, which could open the path to $2,000, and potentially $2,820.
Bears are now eyeing a move below $1,520. If successful, their next target is the support zone around $1,200.
$BTC closed the week at $83,730, marking a 6.8% increase compared to the previous week. Bulls achieved two key objectives:
Successfully defended the neckline support
Pushed the price toward the $86,000 resistance zone
📌 A breakout above $86,000 would confirm further bullish momentum, targeting the next major resistance at $92,000.
Bears, on the other hand, failed to break the neckline. Their goal remains clear: push below that level and retest the support zone between $71,300 – $73,500.
We want to reassure the community that $OM remains fundamentally strong. Today’s market movement was caused by reckless liquidations, not by any internal issue with the project.
✅ To be clear: this was not initiated by our team.
We’re actively investigating the situation and will share detailed updates as soon as possible.
President Trump has officially signed a bill overturning the IRS’s attempt to classify DeFi platforms as brokers — a move that would've crushed innovation with impossible tax reporting demands.
✅ No more forcing DeFi into a TradFi box
✅ Congress pushed back — and Trump delivered
✅ "Crypto President" title just got real
This repeal blocks the 2024 IRS rule that aimed to treat decentralized protocols like Coinbase or Kraken, demanding full KYC and tax data reporting from platforms that don’t e