š Bitcoin $BTC holding above the $90,145 support level is a positive signal, initially targeting $94,900, followed by additional targets if the bullish momentum continues.
š Losing the $90,145 daily support would be a bearish signal, potentially leading to a correction toward the $85,600 support level.
šØ BREAKING: Bybitās founder confirms that the exchange remains financially solvent and will fully cover the $1.46 billion loss following the hack.
Despite the breach, Bybit assures that operations continue as normal, all other cold wallets remain secure, client funds are safe, and the platform is fully operational.
Ben Zhou stated: "No matter what happens, we will ensure the safety of all client funds, so your money is secure."
Zhou also confirmed that Bybitās treasury is capable of covering the 400,000 $ETH that was compromised.
The proposed Canary Capital Spot Litecoin $LTC ETF has been added to the DTCC website.
This marks a significant step toward the fundās approval, as listing the #ETF on #DTCC indicates regulatory and administrative preparations for trading.
The token faces resistance at $35.12, with a breakout above this level being positive, targeting $37.18 initially, followed by $40.80 and further targets if the descending trendline is successfully breached.
Failure to break through suggests a correction scenario toward the $30.85 support level, which in turn protects the token from further correction toward $28.40.
One of the cryptocurrencies with strong potential for success is $BAL , the native token of the #balancer protocol, a leading decentralized finance (DeFi) protocol.
š Market Overview:
Market cap: Approximately $164 million, which is reasonable.
Circulating supply: 61 million tokens out of a maximum supply of 96 million.
Total Value Locked (TVL): $1.084 billion on the protocol.
Technical Analysis:
Weekly support level at $2.470: Holding above this level could lead to targets of $2.950 initially, followed by $3.700.
Losing this support would shift focus to the next critical level at $1.644.
Maintaining the $2.470 support is crucial for further upward movement.
šThe Maverick Protocol is an infrastructure provider in the decentralized finance (DeFi) sector, aimed at enhancing the efficiency of this industry. It operates through the Maverick AMM and is backed by leading investment firms such as Founders Fund, Pantera Capital, Coinbase Ventures, Binance Labs, Circle Ventures, and Gemini.
š Technical Overview: The current support level is at $0.1680. It is crucial to stay above this level to avoid a correction towards $0.1305, which also represents a strong support level.
Target Levels: As long as the price remains above the current support, the targets are $0.2010 - $0.2300, with additional objectives set in the event of continued bullish momentum for the token.
A breakout of the upper boundary of a positive daily pattern for Bitcoin, with an initial target of $69,700 and potentially extending towards $75,000š
Reverting and closing back inside the pattern would be negative and could lead to a correction towards $57,150š
š„ A Bank of America survey revealed that 62% of millennials prefer cryptocurrencies, as $84 trillion is expected to transfer from older generations.
The current total market capitalization of the cryptocurrency market is $2.11 trillion.
The launch of Assetera, the first regulated marketplace for tokenized real-world assets (RWA) on the Polygon network, significantly enhances blockchain adoption. It allows investors to trade real assets like real estate and equities 24/7, ensuring compliance with MiFID II and FMA regulations.
This development may boost institutional confidence in Polygon and increase demand for the $POL token, potentially elevating its market value.