Last month, the global money supply (M2) indicator indicated a bullish trend for Bitcoin — and then the price was $83,000.
Right now, #BTC has repeated this signal almost one-on-one in terms of percentages.
Such an indicator does not always work perfectly, but in recent years it has often been ahead of the market movement and given the right signals for a reversal.
The trend is strong, but even the best indicator does not provide guarantees. 😉
Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts.
Why did Fantom reinvent itself as Sonic? Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times.
To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX explores Sonic's technological background, its new tokenomics model and the innovations it brings to DeFi.
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken.
Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13.
The Elliott wave principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns.
In a video that he uploaded to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, announcing that the issue is being investigated
Mastercard unveils end-to-end capabilities to power stablecoin transactions – from wallets to checkouts
Press Release Mastercard unveils end-to-end capabilities to power stablecoin transactions – from wallets to checkouts April 28, 2025 | PURCHASE, NEW YORK Latest partnerships with OKX and Nuvei will unlock a 360-degree approach where consumers can spend stablecoins and merchants can receive them, creating a seamless ecosystem Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payments – anytime, anywhere.
While banks and fintechs are increasingly engaging with solutions built on stablecoins, global ubiquity and scale is contingent on everyday utility, seamless integration into existing financial systems, and an intuitive user experience. To allow consumers and businesses to use stablecoins as easily as the money in their bank accounts, Mastercard is providing an integrated, 360-degree approach:
“I really think about new use cases that can emerge because of the borderless nature of stablecoins, because of the efficiency of the dollar onchain,” he said. “If you're trying to send money to your friend in Nigeria, why do you have to go through a bunch of hoops?”
Stablecoins are often used to transfer money across borders, as they are easier and cheaper to transfer than traditional finance methods such as wire transfers. They are also used to hedge against fiat currency, which, in emerging markets, can devalue significantly in a short period of time.
#BinancePizza Stablecoin regulation 'next catalyst' for crypto industry — Aptos head
Stablecoins could create new crypto use cases, especially for enthusiasts in developing countries, Aptos' head of ecosystem said.
Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation.
In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States […] has already jumped onto this [stablecoins],” adding that “the US is [...] at the doorstep.”
“I really think about new use cases that can emerge because of the borderless nature of stablecoins, because of the efficiency of the dollar onchain,” he said. “If you're trying to send money to your friend in Nigeria, why do you have to go through a bunch of hoops?”
#CryptoRegulation The U.S. has struggled for crypto clarity. Canada may have the answer
KEY POINTS Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The regulatory clarity has made Toronto a launchpad for blockchain growth, and Wall Street is taking notice. Mike Novogratz' Galaxy Digital is headquartered in New York but listed in Canada because it couldn't go public in the United States.
SEC Chair Discusses 3 Crypto Areas of Focus—Major Policy Moves Ahead
The SEC is unleashing a groundbreaking crypto rulebook rewrite that could supercharge U.S. digital asset innovation, redefining issuance, custody, and trading for unstoppable market growth.
Crypto Shakeup Ahead: SEC Hits the Gas on Core Framework Rewrite U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins discussed a detailed framework for regulating digital assets at the crypto roundtable on May 12, placing strong emphasis on three regulatory pillars: issuance, custody, and trading. Calling out the Commission’s previous handling of crypto as both neglectful and antagonistic, Atkins committed to a clear shift in policy. “I intend for the Commission to establish clear and sensible guidelines for distributions of crypto assets that are securities or subject to an investment contract,” he stated, as he laid the foundation for what he called a more rational and innovation-compatible strategy.
Bitcoin Brushes $105K as Altcoins Steal the Spotlight in Tuesday Crypto Frenzy
On Tuesday afternoon, bitcoin appreciated by 2.6% against the U.S. dollar, brushing up against the $105,000 threshold. At the same time, a broad array of altcoins outpaced the leading cryptocurrency: ETH gained 8.5%, SOL advanced 5.9%, and DOGE registered a 4.8% increase.
Bitcoin’s Macro Role Grows as Bitfinex Cites ‘Increasingly Favourable’ Sentiment
Bitcoin Price Watch: Double Top or Launchpad? $105K Level Under Fire
Bitcoin trades at $103,581 today with a total market capitalization of $2.057 trillion and a 24-hour trade volume of $35.91 billion. The cryptocurrency experienced an intraday price range of $101,109 to $104,293, signaling elevated activity within a tight but volatile band.
Bitcoin The 1-hour BTC/USD chart highlights a distinct intraday pullback followed by a sharp V-shaped recovery, with price action reclaiming the $103,800 range. The short-term trend is defined by higher lows, suggesting a budding bullish bias. However, the low volume on the recovery warns of cautious sentiment among traders. Entry opportunities are found near $103,000 for quick scalps, while deeper dips to $102,500 may attract aggressive buyers. Resistance stands firm between $104,500 and $105,000, capping immediate upside potential unless a volume-backed breakout occurs.