#BTC #TradeStoreis btc is been into a consolidation, from support around $101,800 and resistance area around $1104,800 - $105,000. Nothing as now, we can expect a breakout sooner with some sort of fundamental news event.
Macro conditions currently aren’t conducive to a renewed altcoins/meme season. As highlighted by the Fed at today’s FOMC policy announcement, US economic conditions remain highly uncertain.
US President Trump’s trade war has added upside risks to inflation and downside risks to growth, creating a potential “stagflation” scenario for the US economy for the first time in over 50 years.
In such an environment, risk assets, which Dogecoin is very much one of, aren’t expected to perform particularly well.
Thanks to its growing narrative as “digital gold” and a safe haven, Bitcoin is looking perky, and nearing a retest of $100,000.
That, plus the aforementioned favorable chart patterns, could suggest that a medium-term bottom is in for the Dogecoin price.
If Bitcoin pushes back above $100,000 and towards a retest of its record highs around $108,000, the Dogecoin price can continue to recover.
If it can break above $0.20 resistance, a move back to $0.28 would be on the cards.
However, for a new meme season to emerge, a big positive catalyst is going to be needed.
That could be something like upside risks to US inflation subsiding, opening the door for significant rate cuts from the Fed.
Altcoins/meme coins have historically thrived in times of easing financial conditions, after all.
Until then, the Dogecoin price is unlikely to see explosive moves to the upside.
The current market environment should be viewed by crypto investors as a good time to steadily add to their DOGE bags.
#BTCtrade #TradeStories US President Donald Trump has taken very important steps with his positive approach to Bitcoin and cryptocurrencies since taking office on January 20.
Undoubtedly, the most important of these was the executive order he signed for the creation of the US National Bitcoin Reserve, while pardoning some people from the cryptocurrency industry was also among his important decisions.
At this point, Trump pardoned the three co-founders of BitMEX on March 28 and Silk Road founder Ross Ulbricht on January 21.
Following Trump's decisions, all eyes turned to who would be next, with FTX founder Sam Bankman-Fried and Binance founder Changpeng Zhao (CZ) being the two most talked about names.
CZ, who stated in a statement he made a few days ago that he had never met with Trump personally, said in his new statement that he had asked Trump for a pardon.
At this point, CZ stated that he formally requested clemency from Trump two weeks ago through his lawyers, shortly after denying reports that he had requested clemency.
Bloomberg and the Wall Street Journal previously reported that Binance and the Trump family's crypto project World Liberty Financial were in business deal talks and that CZ had also applied for clemency.
However, CZ denied the reports, saying, “I'm sorry to disappoint you. The WSJ article misrepresented the facts. No criminal would object to a pardon. Especially as the only person in US history to serve time under the Bank Secrecy Act. I had no discussions about the Binance US deal with… well, anyone.”
CZ pleaded guilty to money laundering charges in November 2023 as part of a deal Binance struck with US authorities. He was also forced to resign from his position as CEO. CZ was later sentenced to four months in prison and banned from working at Binance as part of the deal.
While CZ is stepping down from his role as CEO, he remains a Binance shareholder. He stated at Binance Blockchain Week in November that he “has no plans to return to the CEO position.”
#BTCtrade #TradeStories Bitcoin (BTC) started the new week at $94,000, then approached $100,000 with increasing optimism.
Bitcoin's rally first began on Wednesday on news of renewed US-China trade talks, boosting overall market sentiment.
Apart from the US-China talks, US President Donald Trump said in a post he shared on Truth Social yesterday that “a significant trade agreement with a great and very respected country will be announced on May 8th.”
The New York Times reported that this country would be England, citing three people familiar with the country.
At this point, Bitcoin and altcoin investors are expecting a possible trade deal with the UK to be announced and BTC to exceed $100,000 and potentially break a new record following this announcement.
wow BTC is going to touch 1 lac dollar its a great pump in crypto market and overall all coins also going up after huge crash ..... its a time to chill ...
#TradeStories btc market is going to pump continuously Metaplanet’s Bitcoin holdings have reached 5,555 BTC with the latest addition of 555 BTC, as the company reports a year-to-date BTC yield of 136.7%
Metaplanet has extended its aggressive Bitcoin (BTC) accumulation strategy with today’s purchase of additional 555 BTC for approximately $54.4 million, acquired at an average price of $96,134 per coin, according to CEO Simon Gerovich, who announced the news on X. Bitcoin ETF trading volume surged to $2.8 billion on May 3, 2025, highlighting increased institutional interest in the cryptocurrency market.
The surge in Bitcoin ETF volume underscores the growing integration of Bitcoin with traditional finance, influencing both market strategies and asset valuation.
Spot Bitcoin ETF Volume
Spot Bitcoin ETF volume exceeded $2.8 billion, driven by institutional demand and regulatory acceptance. BlackRock's iShares Bitcoin Trust recorded substantial inflows, mirroring a maturation in the market. Eric Balchunas, Senior ETF Analyst at Bloomberg, noted,
It's possible, especially if IBIT begins to attract more capital than VOO, but this would necessitate inflows significantly exceeding $1 billion daily—more realistically in the neighborhood of $3 to $4 billion each day, to make headway. In summary, extraordinary circumstances would need to unfold, but it is feasible.
Key Players and Future Prospects
The key players include BlackRock's iShares, leading with $1.3 billion inflows. Michael Saylor of MicroStrategy predicts its future dominance, requiring extensive market shifts.
Increased Bitcoin ETF Activity
Increased Bitcoin ETF activity correlates with a 30% boost in BTC/USD trading, showcasing the influence of regulated investment vehicles. This phenomenon is echoed by a report from CryptoMichNL on cryptocurrency trends.
Share Your Trade Stories on Binance Square to Unlock 5,000 USDC Rewards!
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Square is pleased to introduce Trade Stories, a Trade Sharing Challenge where users who post about their trades using the Trade Sharing Card feature can earn rewards. Eligible participants can get a chance to unlock a share of 5,000 USDC in token voucher rewards! Activity Period: 2025-05-07 00:00 (UTC) to 2025-05-14 23:59 (UTC) How to Participate All verified Binance users who complete the following steps can potentially unlock a share of the 5,000 USDC reward pool: Step 1: Create a post using the Trade Sharing Card feature on Binance Square. For your post to be eligible, it must fulfill these criteria:Use the Trade Sharing Card feature;Be at least 100 characters long;Include both #TradeStories and any one of the relevant topic hashtags listed below, under ‘Eligible Topics’; Feature a different* trade or insight. Step 2: Keep posting to maximize your rewards!You can post as many times, on any of the eligible topic(s) listed below, at any time during the campaign. Tips and discussion prompts for each topic will be posted on Binance Square Official daily at 06:00 (UTC), so check in for inspiration! Note: *Duplicate content will only count as one valid entry (e.g. if the same trade is used across multiple topics with the same or similar caption). You may use the same trade across different topics only if each post offers a different perspective or insight on the trade. Eligible Topics #MostRecentTrade: Share your most recent trade.#BTCTrade: Share a trade on BTC.#AltcoinTrade: Share a trade on an altcoin.#TradeOfTheWeek: Share your most successful trade of the week.#StrategyTrade: Share a trade you made using a strategy. #NewsTrade: Share a trade that you made based on market news.#TradeLessons: Share a trade that did not go as planned. Rewards Allocation Reward Pool (in USDC Token Voucher)Eligible Post Reward Calculation3,000 USDC Prize Pool(Capped at 5 USDC per user)Every eligible post that fulfills the aforementioned criteria in Step 1Reward = (Your Eligible Posts/Total Eligible Posts by All Participants) * 3,000 USDC Token VoucherEngagement Bonus Pool: 2,000 USDC (Capped at 20 USDC per user)Each eligible post with over 10 likesReward = (Your Eligible Posts with over 10 Likes/ Total Eligible Posts with over 10 Likes by All Participants) * 2,000 USDC Token Voucher Maximize your rewards by creating more posts on each of the eligible topics. The more eligible post(s) you publish, the more rewards you can earn! Example: You submit 10 eligible posts, and 5 of those posts receive at least 10 likes each. The total rewards earned will be: (10 / Total Eligible Posts by All Participants) * 3,000 USDC Token Voucher + (5 / Total Eligible Posts with at least 10 Likes by All Participants) * 2,000 USDC Token VoucherThe total rewards allocated to a participant will be capped at 25 USDC token vouchers. How to Share a Trade Using the Trade Sharing Card Open the Post Editor and tap [Add Trades].Filter by Spot or Futures, then select a current position, a past transaction, or search manually via the dropdown bar.Use the privacy toggles to show/hide your trade amount and PNL.Tap [Confirm Add] to insert the trade into your post.Add your insights, and include #TradeStories and the relevant topic hashtag before publishing! More Information: Share Your Trades on Binance Square: Verified Data, Real Credibility, and Earn Trading Commission Terms and Conditions This activity may not be available in your region.Posts must include both #TradeStories and any one of the relevant topic hashtags listed above to qualify for rewards.Content must be original with no rewriting of existing content. AI assistance is allowed, but the content must not be AI-generated. Content pieces that are deleted during the Activity Period or duplicated will not qualify. The content must be original and exclusively created for these promotions. Old content creations and content submissions in previous Binance competitions or activities are not eligible for these promotions.Content must not claim to be financial or expert advice.Binance Square team reserves the right to disqualify posts that abuse or misuse hashtags, including misleading tagging or irrelevant content. The Binance Square team will review and give final approval on all submissions, evaluating them based on adherence to the campaign guidelines.Each eligible participant may receive a maximum of 5 USDC from the 3,000 USDC prize pool and 20 USDC from the 2,000 USDC bonus pool. Total rewards per participant will be capped at 25 USDC token vouchers.Rewards will be distributed in the form of USDC token vouchers to eligible users within 21 working days after the activity ends and will expire 14 days after distribution. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Binance reserves the right to cancel a user’s eligibility if the account breaches Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time to determine and/or amend these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, or amending the eligibility criteria, selection process, and reward distribution.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this activity.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-05-07