dolugcrypto

dolugcrypto
In the trading journey, most traders have experienced a phase of confusion: should they join a signal group for clear entries or turn to an experience-sharing group to learn foundational knowledge and enhance their thinking?
The answer is not simple, as it depends on your goals and the stage you are at on the trading path.
⸻
1. Signal group – suitable for newcomers or those lacking time

$ETH
• Entry: 2,700 – 2,740
• Stop-loss (STL): 2,670 (close below the Kumo cloud + loss of Volume Profile support)
• Take-profit (TP):
• TP1: 2,800
• TP2: 2,850
• TP3: 2,880–2,900 (take profit gradually according to volume resistance and old peaks)
⛔ Note: This is a long order in line with the trend after the breakout, currently pulling back to the Kumo cloud support zone. The chart shows a technical rebound after a strong increase. If the price holds above 2,700, there is a high chance it will bounce from the support zone. MACD, Ichimoku, and Volume still support the upward trend.

In the trading world, there is a common but extremely dangerous mistake that many people, especially new traders, make – that is continually changing trading methods after each loss, without deeply understanding the method being used.
It sounds reasonable: 'This method lost, so it must be ineffective. Let’s switch to another.' But this mindset is precisely what causes most traders to fail. They do not realize they are falling into a never-ending loop called system hopping – jumping from one system to another with an illusion of finding a perfect 'holy grail.'

At the recent Las Vegas conference, Peter Schiff – known for his anti-cryptocurrency stance – continued to criticize Bitcoin as having no intrinsic value and likened this community to a "giant cult." However, his viewpoint is increasingly out of touch with the rapid changes in the global financial landscape.
Intrinsic Value – A Changing Concept
Schiff argues that Bitcoin lacks "intrinsic value," but this reflects an outdated view of assets. In the digital age, value comes not just from tangible materials but also from trust, usability, scarcity, and decentralization. Bitcoin is a prime example of new value in the digital world – similar to how the internet, software, or even global brands create real but intangible value.

$Pi
The cryptocurrency market has never lacked volatility, but with Pi Coin (PI) – the flagship currency of Pi Network, the current situation is not merely a correction cycle. Pi is facing significant downward pressure, with the price currently hovering below 0.65 USD, approaching the critical support level of 0.60 USD. In the context of sharply declining trading volume and a gloomy market sentiment, investors are pinning high hopes on the Pi Day 2 event (June 28) as a final push to salvage the situation.

The trade negotiations between the United States and China, which have attracted global attention, are showing signs of positive progress. According to the latest report from U.S. Secretary of Commerce Howard Lutnick, the second meeting between the two sides held in London has yielded many favorable results. However, despite the importance and potential influence of these dialogues, the cryptocurrency market remains almost neutral, without any significant strong reactions.

June 3, 2025, marks a significant turning point in Latvia's legal journey regarding cryptocurrency as the Cabinet of this country officially passed Bill No. 24-TA-3148. This is a clear effort to align national tax laws with international standards, especially the Crypto Asset Reporting Framework (CARF) developed by the OECD and Directive DAC8 issued by the European Union (EU). The new law will officially take effect on January 1, 2026.

The tech giant Apple is planning to execute a $110 billion stock buyback program – one of the largest buybacks in global corporate history. But instead of receiving praise, this strategy is facing significant criticism. Among them, the blunt commentary from Michael Saylor – CEO of MicroStrategy – stands out: “Buy Bitcoin instead.”

In the context of countries racing to establish a legal framework for the cryptocurrency market, South Korea has officially entered the race with a groundbreaking legislative proposal, paving the way for the issuance and operation of stablecoins under strict state regulation.
Domestic Stablecoins Could Become South Korea's 'Strategic Weapon'
The new bill introduced by Congressman Min Byeong-deok of the ruling party lays the foundation for a comprehensive legal framework surrounding digital assets. The focus of the proposal is on licensing stablecoin issuers – with a minimum capital requirement of 500 million Korean won (approximately 368,000 USD). This barrier is not only intended to ensure financial stability but also to open opportunities for capable businesses to participate in the game.

The HYPE token of the Hyperliquid platform just set a new record high, surpassing 40 USD, as 'whales' suddenly increased their accumulation.
Whales enter the game: a sign of long-term confidence?
The main driver behind HYPE's surge comes from the large-scale buying activities of big wallets – commonly referred to as 'whales'. The active accumulation by whales is not merely a short-term speculative act but seems to reflect a strategic belief in the model that Hyperliquid is pursuing: a truly decentralized platform not reliant on capital.

$XRP
In the context of the cryptocurrency market witnessing many policy fluctuations, a recent statement from the Chairman of the Securities and Exchange Commission (SEC) – Paul Atkins – has reignited the crypto community, especially those supporting XRP and the freedom to own digital assets.

Speaking at a symposium on cryptocurrency and personal ownership, Atkins emphasized: 'The right to self-manage personal assets is a foundational value of Americans, and that should not disappear just because someone logs into the internet.'

$TRX
June 10, 2025 marks a significant turning point in the development journey of the TRON (TRX) network, as the community officially enters the voting phase for Proposal 102. The goal of this proposal is clear: to cut block rewards in half from 16 TRX to 8 TRX, while also reducing voting rewards from 160 TRX to 128 TRX. If approved, this will be a major change in TRON's economic mechanism, with a direct consequence of increasing the annual deflation rate from 0.85% to 1.29% — an increase of nearly 52%.

SEC Chairman unexpectedly supports the right to self-custody of Bitcoin: A major signal of change in US cryptocurrency management policy?
In a move that left the cryptocurrency market astonished, the Chairman of the U.S. Securities and Exchange Commission (SEC) – Mr. Paul Atkins – publicly supported the right to self-custody of digital assets like Bitcoin at the roundtable conference of the cryptocurrency task force organized by the SEC itself. This is not only a symbolic statement but also a clear sign of a new direction in the strategy for managing digital assets in the United States.

In the context of a continuously volatile cryptocurrency market and the uncertainty regarding the direction of major coins, a notable phenomenon is gradually re-emerging and creating a significant impact: meme coins. Once regarded as a market joke, meme coins are marking their return with unprecedented intensity. This is not merely a temporary craze – it reflects profound changes in market behavior and investment psychology, especially among retail investors.

June 10, 2025 – Author: team dolugcrypto

On June 9, in London, high-level delegations from the United States and China officially resumed trade negotiations, marking an important turning point in bilateral relations that have been strained for many years. This meeting is not only of economic significance, but also has far-reaching implications for the global supply chain, the high-tech industry, and even the cryptocurrency market.

Get ready. A new earthquake has just shaken both the traditional financial world and the cryptocurrency world – and the name behind it is not a stranger: BlackRock, the giant in global asset management.
BlackRock's first spot Bitcoin ETF – IBIT (iShares Bitcoin Trust) – has officially set an unprecedented record: reaching $70 billion in assets under management (AUM) just 341 days after its launch. To put it simply, this means that each day since it was publicly traded, IBIT has attracted an average of over $205 million in net cash flow. This figure is enough to place IBIT as the fastest-growing ETF in the history of the fund industry – surpassing all previous traditional financial products.

In a recent interview, Richard Teng – the new CEO of Binance – revealed the development strategy for the world's largest cryptocurrency exchange in 2025. This is not just a regular growth plan, but a redesign of how the decentralized finance (DeFi) industry can exist, expand, and legalize on a global scale – especially after a landmark legal victory against the US Securities and Exchange Commission (SEC).

The blockchain ecosystem is constantly evolving, with more and more platforms and networks aiming for connectivity through cross-chain technology. In this context, cross-chain governance has become an important pillar, allowing user communities across different blockchains to participate in decision-making, resource management, and infrastructure development.
However, one of the major challenges is how to attract and maintain active community participation in these governance systems. To address this issue, airdrops – that is, the distribution of free tokens to users – have emerged as a powerful incentive mechanism. By distributing governance tokens, cross-chain platforms not only attract new users but also encourage them to participate in voting and decision-making activities, thereby creating a cohesive community aimed at a common goal.

At the recent financial conference in Las Vegas, renowned economist and investor Peter Schiff once again expressed his firm stance on Bitcoin, claiming it is an asset with no intrinsic value and highly speculative.
Peter Schiff, one of the most prominent figures in traditional investing, did not hesitate to call the Bitcoin community a 'giant cult' - referring to a blind faith in this digital currency. According to him, Bitcoin does not generate value, does not create cash flow, and does not serve any essential economic function - completely different from gold, an asset that humanity has recognized and used for thousands of years.