Current Situation: Price: ₹2,437.30, down ₹2,437.30 or -3.78%. Moving Averages: MA(7): ₹2,446.14 MA(25): ₹2,506.17 MA(99): ₹2,270.23 The price is currently below the MA(7) and MA(25) but still above the MA(99). This suggests a short-term bearish trend but with longer-term support present. MACD: MACD: -10.31 Signal Line (DEA): -16.93 Histogram (DIF): -27.24 The MACD line is above the signal line, but both are negative, indicating bearish momentum. However, the histogram is showing decreasing bear
Global Economic Growth Forecast: The United Nations projects global economic growth at 2.4% for 2025, down from the estimated 2.9% in 2024. India's Growth: India's economy is expected to grow at 6.3% in the current fiscal year and 6.4% in 2026. US-China Trade: Some tariffs between the US and China were temporarily reduced for 90 days earlier in May, but overall trade uncertainty persists. US Inflation: US inflation unexpectedly decreased to 2.3% last month. US Stock Markets (Friday, May 16th): T
Basel Medical Group Announces $1 Billion Bitcoin Buy
Basel Medical Group (BMGL), a healthcare company listed on Nasdaq, has announced its plans to acquire $1 billion worth of Bitcoin. This significant move aims to diversify the company's treasury reserves and support its expansion strategy in the Asian healthcare market.
Key Points:
Significant Acquisition: Basel Medical Group is set to acquire $1 billion in Bitcoin. Share-Swap Arrangement: The acquisition will be facilitated through a share-swap arrangement with institutional investors and high
Brazil's Méliuz Commits to Bitcoin Treasury Strategy with $28.4M Acquisition
Méliuz (CASH3), a publicly traded Brazilian technology company, has made a significant move into the cryptocurrency space by adopting a Bitcoin treasury strategy. The company recently acquired 274.52 BTC for $28.4 million, marking a historic moment as the first publicly listed firm in Brazil to officially allocate a portion of its treasury reserves to Bitcoin.
This acquisition brings Méliuz's total Bitcoin holdings to 320.3 BTC, valued at over $33 million. This strategic decision underscores th
OP/USDT Entry Point $0.6970 - $0.7000 Stop Loss $0.6600 Target 1 $0.7430 Target 2 $0.7900 Target 3 $0.8300
$OP
The OP/USDT Perpetual 4-hour chart shows Optimism currently trading at $0.6990, virtually unchanged. After a peak around $0.9534 in mid-May, OP has been in a downtrend, breaking below the middle band of the Bollinger Bands (BOLL: 20, 2), which is at $0.7427. The RSI is at 31.06, indicating it's approaching oversold conditions.
Resistance is likely around the middle Bollinger Band and the previous highs. Support can be seen near the lower Bollinger Band, currently around $0.6637, and potentially at the previous low around $0.5726. The recent red candles suggest continued bearish momentum in the short term, but the approaching oversold RSI could signal a potential for a bounce if the lower Bollinger Band holds as support. $BTC $XRP #BinancePizza #BinanceTGEAlayaAI #BinanceAlphaPoints #BinanceAlphaAlert #TradingSignals
SOL/USDT Entry Point $166.60 - $166.80 Stop Loss $163.90 Target 1 $167.00 Target 2 $169.00 Target 3 $171.00
The SOL/USDT 4-hour chart shows Solana currently trading at $166.68, down slightly by 0.59%. After a recent low around $164.01, SOL has shown some upward movement and is now trading below the middle band of the Bollinger Bands (BOLL: 20, 2), which is at $166.97. The RSI is at 52.42, indicating neutral momentum.
Resistance is likely around the middle Bollinger Band and the previous highs. Support can be seen near the recent low of $164.01 and potentially around the lower Bollinger Band at $164.76. The price action suggests consolidation, with a potential for further upward movement if the middle Bollinger Band is broken. #BinancePizza #CryptoRegulation #TradingSignals #TradingShot #TradingCommunity $SOL $BTC $ETH