🇻🇪 ATTENTION! 🇻🇪 "Monitor Dólar" falls in Venezuela: How does it affect your P2P? 💰
Attention, crypto community of Venezuela! 📢 The apprehension of Carlos Andrés Pérez Abreu has been confirmed, identified as the alleged administrator of the popular Instagram account "Monitor Dólar." This action has rendered the platform inoperative, eliminating a key reference for the market. 📉🚫 The Reality of the Dollar in Venezuela: Beyond the Official Rate 📊 To understand the impact, it is crucial to remember how the foreign exchange market works in Venezuela. Two main rates coexist:
Update As expected, BTC has removed all the lower liquidations, and there is now little liquidity at the lower levels.
From a technical perspective, BTC is forming a descending wedge pattern, and we are currently at the lower support level, which seems solid as a support zone. We also have the 100 EMA acting as additional support here.
In my opinion, this is a good time to buy the dip.
According to the liquidation heat map, there are millions of dollars in liquidations between the range of $111K–$112K. Technically, we are also at a strong support level.
So I am expecting a bounce towards the upper liquidation zones. I will keep you informed as things develop.
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Top Cryptocurrencies to Invest in and Turn $400 into $4000
Looking to multiply your investment quickly? Notable altcoins like Cardano (ADA), Ripple (XRP), and the rising star Mutuum Finance (MUTM) are capturing investor attention in 2025 as some of the best cryptocurrencies to buy now. Led by the rapid growth of Mutuum Finance, these coins offer promising opportunities to turn a modest investment of $400 into $4,000 or more. The Mutuum Finance presale has raised over $9.4 million and attracted more than 11,300 participants, before a token price increase to $0.035 at the start of the next phase. Those who invest at this stage can gain up to 100% profit once the projected launch price of $0.06 is reached. As the cryptocurrency market prepares for another explosive season, savvy investors are keeping a close eye on these tokens for quick and substantial returns.
Gold Falls as Dollar Gains from Sentiment over Pending Trade Decisions
Gold prices fell sharply on Tuesday, as the U.S. dollar gained ground and President Donald Trump dialed back his threats of new tariffs on the European Union, reducing the urgency for safe-haven trades. According to a Tuesday morning update from Reuters, spot gold plunged 1.4% to $3,297.49 an ounce at 11:00 a.m. GMT, while U.S. gold futures fell more, down 2.1% to $3,296.50. This marks the second consecutive day of losses for gold following Trump's unexpected tone shift over the weekend.
Putin calls for putting the West in a “strangulation” amid tensions with Trump
Russian President Vladimir Putin said it is time to pressure the West, accusing them of trying to suffocate Russia and calling for a reciprocal response. “They are trying to strangle us,” he said, according to RT. The comment came just hours after U.S. President Donald Trump publicly called him “absolutely crazy” following Russia's deadliest airstrike on Ukraine since the start of the large-scale war in 2022. The attack took place between Saturday night and Sunday morning. Russia launched 367 drones and missiles over Ukrainian cities, killing 13 people and injuring dozens.
The CEO of Duolingo joins Klarna and Shopify in retracting ‘AI-first’ comments while
The CEO of Duolingo has retracted his claim that artificial intelligence will replace the company’s human workforce, stating instead that AI should be treated as a tool to assist employees rather than to supplant them. On Thursday, Luis von Ahn, co-founder and CEO of Duolingo, posted on LinkedIn that “To be clear: I do not see AI as a replacement for what our employees do (in fact, we are continuing to hire at the same pace as before).” He added, “I see it as a tool to accelerate what we do, at the same level or better quality. And the sooner we learn to use it, and use it responsibly, the better off we will be in the long run.”
Japan's exports slow in April as shipments to the U.S. fell due to
Japan recorded a decline in exports in April, as shipments to the U.S. fell amid the repercussions of President Trump's tariffs, posing a new challenge for an already fragile recovery in the world's fourth-largest economy. With levies on goods destined for the U.S. expected to deepen later this year, analysts warn that unless Tokyo convinces Washington to reverse the tariffs, headwinds could intensify.
Elon Musk declares his unofficial retirement from political spending
Elon Musk has announced that he will do much less political spending in the future. "I think I've done enough," Musk said. Tesla CEO Elon Musk has been an influential political donor in recent years. However, the tech giant says he plans to step back from political spending. Elon Musk is stepping back from the spotlight. Speaking at the Qatar Economic Forum on Tuesday, he told Bloomberg that he plans to drastically reduce his political spending in the future. "I think in terms of political spending, I'm going to do a lot less in the future," Musk said. "I think I've done enough."
The key U.S. vote on the GENIUS Act could reshape stablecoin regulation.
The U.S. Senate is preparing for a crucial decision on the future of stablecoin regulation. On Monday, May 19, lawmakers will vote to end debate on the GENIUS Act, a critical step that could pave the way for comprehensive legislation on stablecoins. After months of delays, this vote is seen as a turning point that could finally align financial innovation with regulatory oversight in the United States.
📈 Key Resistance Levels $2,800: A significant resistance zone marked by multiple technical indicators, including the Fibonacci retracement level of 0.618, a weekly support/resistance level, and the high value area of recent trading activity. $3,100: Identified as a critical resistance level by the Market Value to Realized Value (MVRV) price bands. A successful breakout above this level could pave the way for further gains, potentially targeting the $3,900 to $4,000 range.
Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system that can allow anyone, anywhere, to send and receive payments. Instead of being physical money that is carried and exchanged in the real world, cryptocurrency payments exist purely as digital entries in an online database that describes specific transactions. When you transfer funds in cryptocurrency, transactions are recorded in a public ledger.
In the early morning, after Bitcoin hit a low of 100,700, it rebounded strongly three thousand points, from the precision of the empty shot at its high to the bottom. This is quite remarkable, creating a drop space of thousands of points. However, yesterday many people rushed to follow the bullish trend, blindly chasing, and in the end, they could only become victims of the market (cannon fodder). The information in the market is often carefully designed.
$BTC Short Term (1–24 Hours) My Opinion: BTC is currently in a consolidation phase following a strong correction from its recent high. While we are seeing positive money flow and strong buying pressure in the order book, the key levels to watch are 103,000 on the upside and 101,000 on the downside. Bullish Scenario: If BTC breaks above 103,000 with solid volume, I believe it could continue the upward trend, potentially reaching 104,000 or even retesting 105,500.
The prospects of currency $XRP depend on several key factors.
First, the ongoing litigation between Ripple and the U.S. Securities and Exchange Commission (SEC) can significantly influence the future of XRP. If Ripple wins the case, this could lead to increased investor confidence and a rise in the currency's price.
Second, XRP is actively used in the field of international transfers, and if Ripple continues to expand its presence in the financial services market, this could also have a positive effect on the demand for the currency.
Finally, the overall growth of the cryptocurrency market and the development of blockchain technologies may favor XRP, if it manages to maintain its unique niche as a solution for fast and cost-effective fund transfers.
In general, XRP has potential, but it will depend on the resolution of current legal issues and the adoption of the currency in financial institutions.
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#BTCBackto100K The king of cryptocurrencies continues to reign! Today, #Bitcoin #BTC continues its upward trend, surpassing $100,000 today, May 8th. Investors are excited about the possibility that $BTC will become a reality. The crypto community is full of optimism and confidence in the future of Bitcoin. Do you think #BTC will reach $110,000 soon? 👉🏽 Share your thoughts and analysis in the comments. Let's discuss the future of cryptocurrencies! #Follow_Like_Comment
$USDC Solidifies Its Place as the Leading Stablecoin.
USDC is making headlines as its circulation expands across multiple chains, from Ethereum to Solana and Base.
Known for its regulatory compliance and transparency, USDC offers a safer option compared to less transparent competitors.
The launch of new features by Circle, such as programmable wallets and $USDC .X, provides even more use cases in DeFi, payments, and tokenized real-world assets.
Institutions are increasingly favoring USDC for settlements due to its 1:1 backing and strong audits.
But the competition is fierce, especially with the threat of CBDCs (central bank digital currencies) on the horizon.
Will USDC maintain its edge? For now, it is firmly in the lead.
$BTC Continuous learning is one of the most important factors that contribute to financial success.
The person who keeps learning new skills and stays up to date with developments in their field increases their opportunities for professional advancement and income growth.
Through personal development, the individual can become more capable of adapting to economic changes and seizing new opportunities that may arise.
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#BTCPrediction The Federal Reserve's warning about inflationary recession could be a bullish signal for Bitcoin.
In its latest meeting, the Federal Reserve of the United States kept interest rates unchanged but expressed growing concerns about "inflationary recession" — a combination of high inflation and slow economic growth. This scenario could push investors towards alternative assets like Bitcoin.
According to analyst Zack Pandl from Grayscale, Bitcoin could benefit from this situation as it is considered an inflation-resistant asset. Currently, Bitcoin is trading above $96,000, with a 1.6% increase in the last 24 hours.
Given the increasing economic risks, it may be a good time to reevaluate investment strategies and seek safe havens
$BTC The analysis of currency pairs in the cryptocurrency market is essential for those looking to trade efficiently.
A currency pair allows for comparison and trading between two digital assets, facilitating the buying and selling without the need to first convert to fiat currency.
For example, when trading with the most popular pair, one can observe how supply and demand directly influence its pricing and liquidity, being one of the most utilized pairs on major exchange platforms.
Additionally, the characteristic volatility of this asset offers opportunities for both short-term and long-term investors, although it also entails high risks.
Transparency and security in transactions are key aspects for users, who value the ability to operate in a decentralized manner and without traditional intermediaries.
In summary, the study and understanding of these pairs is essential for those wishing to maximize their opportunities in the crypto ecosystem.