Massive speculation is hitting the wires: "Federal Reserve Chairman Powell set to announce his resignation TOMORROW!" 😱
This is UNCONFIRMED news, but it's already sending ripples of uncertainty across global markets! 🌊
Why the Buzz? Remember the historical tension between President Donald Trump and Powell regarding interest rates? With Powell's term expected to run until 2026, any sudden departure would be a major shock. Could this be a calculated move to sway the markets? 🤔
Potential Market Impact: If (and it's a big IF) Powell were to step down, we might see a short-term rally. Some could interpret this as a shift towards a more dovish Fed. However, the immediate reaction is volatile – almost like a "wartime state" in the markets.
Listen, stay informed, but DO NOT take unverified news as fact. Don't let sensational headlines dictate your trading decisions. Verify from multiple credible sources before considering any action. Stay safe and trade wisely! Don't get caught in the waves of speculation. 📉📈
📢 Singapore Regulatory Update: Important Changes for Crypto Service Providers! 🇸🇬
The Monetary Authority of Singapore (MAS) is implementing new licensing requirements for Digital Token Service Providers (DTSPs).
Deadline Approaching: Entities in Singapore offering digital token services (even to users overseas) MUST be licensed by June 30th or cease operations. No Grace Period: MAS has emphasized that sufficient time has been provided for compliance. Who Needs a License? This applies to firms and individuals involved in cryptocurrency activities, depending on their role and if their business is based in Singapore. Exemptions: Firms already licensed under the Securities and Futures Act, Financial Advisers Act, or Payment Services Act may be exempt. Strict Enforcement: Non-compliance can lead to significant penalties, including fines up to SGD 250,000 (approx. USD 200,000) and/or imprisonment for up to three years. MAS's Stance: The goal is to foster innovation while ensuring consumer protection, aiming for a safe, transparent crypto ecosystem and mitigating risks like money laundering and terrorist financing. Licenses Issued: To date, 33 digital payment token licenses have been granted, with recipients including major players like Coinbase and Anchorage. This move by MAS signals a clear step towards greater regulatory clarity and oversight in Singapore's growing crypto space. Stay informed and ensure compliance!
China-US Tensions & Bitcoin's Resilience: Trading Opportunities Amidst Geopolitical Shifts! @Andre_Dragosch. While this usually spells volatility for traditional markets, it's creating fascinating dynamics in the crypto space! Crypto as a Safe Haven? Historically, during US-China disputes, we've seen capital flights from Asian markets into digital assets like Bitcoin ($BTC) and Ethereum ($ETH). As of June 1, 2025, we're seeing similar patterns! Market Divergence: While the S&P 500 and Nasdaq are seeing declines, Bitcoin has shown resilience, with a modest price increase. This weakening correlation between traditional equities and crypto presents unique trading opportunities. Bitcoin's Strength: Adding to the bullish sentiment, @AltcoinGordon and @BTC_Archive confirm that Bitcoin's hash rate has hit an all-time high, indicating strong network security and minor confidence. Plus, BTC supply on exchanges is nearing historic lows, signaling a potential supply squeeze and reduced selling pressure! Key Metrics to Watch: Bitcoin ($BTC): Watch for a break above the 50 day moving average ($67,000) and resistance at $68,500. A move above $100,000 could pave the way to $125,000! Ethereum ($ETH): Monitor for a breach of its key resistance level at $3,850. Volume & On-chain Data: Keep an eye on trading volume spikes and active addresses as indicators of heightened market interest. Institutional Flow: Recent inflows into Bitcoin ETFs suggest growing institutional confidence in BTC, even amidst stock market jitters. Trading Implications:
Consider leveraging short-term bullish momentum in BTC/USD and ETH/USD pairs. Explore crypto assets tied to DeFi and cross-border transactions, like Ripple ($XRP), which saw an uptick. Stay cautious of sudden policy interventions or broader economic sanctions that could impact global liquidity. This complex environment offers both risks and rewards. Stay informed, monitor key levels, and keep an eye on these cross-market correlations to make the most of these opportunities! #Trum #BTC #Ethereum
Analysts are spotting some incredibly bullish patterns in the ETH/BTC exchange rate, hinting at a potential surge of 30% to 55%! This could be the trigger for a significant altcoin season, reminiscent of the epic runs in 2017 and 2021!
Here's the technical breakdown:
Cup & Handle and Bull Flag Patterns: These classic bullish formations are signaling a strong upward move for Ethereum against Bitcoin. Key Resistance Breakout: If the ETH/BTC rate breaks above the critical neckline at 0.02596, we could see a powerful rally. Target Price: A confirmed breakout could propel ETH/BTC towards 0.03814, representing a massive 55% increase from current levels! This target aligns with resistance levels seen in December 2024. Anticipated Timeframe: This potential rise is eyed for by July! Get ready to watch the charts closely! Could this be the start of the next major altcoin season? 📈
SOL’s Chaikin Money Flow (CMF) indicator is stationed at -0.17, indicating moderate selling pressure, and the money is flowing out of the asset. It signals that the bearish pressure has the upper hand in the market.
Assuming the pullback, the Solana price might fall and test the support at the range of $154.07. Further losses might trigger the formation of a death cross, accelerating more downside correction to its previous lows near the $153 level.
On the upside, if Solana mounts toward the $155 range, it could likely target its crucial resistance above it. Breaking this mark might trigger a golden cross to support the recovery, sending the price to $155.50 for a strong upside correction.
The daily relative strength index (RSI) at 24.30 implies that the asset is oversold and is undervalued, potentially setting up for a reversal or bounce, though it is not a buy signal. Moreover, SOL’s Bull Bear Power (BBP) value of -15.61 signals a strong bearish pressure in the market, pushing prices below.
#CEXvsDEX101 Why is the crypto market down today? Explained.
The Chinese government has not only banned trading or mining of cryptocurrencies, but even individual ownership of digital assets like Bitcoin.
The cryptocurrency market on Friday experienced a significant decline, with a 61 billion dollar dip in total market capitalisation, partially due to new restrictions imposed by China on private cryptocurrency holdings.
China has imposed a fresh ban on cryptocurrency holdings according to a report by Binance. The Chinese government has not only banned trading or mining of cryptocurrencies, but even individual
ownership of digital assets like Bitcoin. Although the current situation is challenging, analysts expect that downward pressure will ease soon, says InvestX, a cryptocurrency and finance related website.
Buy spot $OP SL: 0.663$ Short tp: 0.84-0.9$ HODL tp: 1.8-2.5$ This is a personal opinion and not investment advice. Any buying/selling decisions are not the responsibility of Than Tai Crypto. best of luck.
**Type**: Spot / Futures (adjust based on your strategy) **Entry**: Current market price **Direction**: LONG **Stop Loss (SL)**: 0.1867 **Take Profit (TP)**:
* TP1: +15% * TP2: +30% * TP3: +50%
**Notes**:
* Small cap with high pump potential * Monitor volume and breakout confirmation * Adjust risk based on volatility. #MAVIAUSDT
Welcome, new traders, to Binance! This is your exciting beginning in the dynamic world of crypto. Embrace the learning curve, stay curious, and trade smart. Every successful journey starts with a single step. You've got this!
Remember, every challenge is an opportunity to learn and grow. Stay positive, be patient, and celebrate your progress, no matter how small. The future of finance is unfolding, and you're now a part of it!
XRP futures realize $2.4 million trading volume on CME launch.
Ripple (XRP) price trades broadly sideways around $2.34 on Tuesday, marking its second straight day of minor declines. This tight, range-bound action coincides with the launch of XRP futures on CME Group’s derivatives platform. CME Group received the green light to list XRP futures contracts after the Commodity Futures Trading Commission (CFTC) categorised XRP as a commodity. The product targeting institutional and retail traders is cash settled and relies on the CME's reference data, which is updated daily.
XRP’s price remained relatively flat even as other major assets, including Bitcoin (BTC) and Ethereum (ETH), ticked higher during the late American session on Monday and the Asian session on Tuesday.
The uptick followed a call between United States (US) President Donald Trump and Russia’s President Vladimir Putin on Monday. President Trump hinted at a Russia-Ukraine ceasefire, with the two conflicting nations expected to begin talks immediately.
The XRP futures contracts are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate, which is established daily. This product, which has been designed for institutional and retail traders, boasts flexible hedging and trading strategies.
In the world of cryptocurrency, the security challenges faced by elites are drawing increasing attention. Spiros Margaris, a seasoned investor and thought leader, shines a light on the vulnerabilities facing the crypto elite, emphasizing real-world threats such as physical ''wrench attacks'' where victims are forced to surrender their crypto keys. In a recent discussion shared via social media, Margaris underscores the necessity for heightened security measures within the crypto community, given these emerging threats. As cryptocurrencies become more mainstream, ensuring robust security against both digital and physical threats remains paramount. Experts suggest that this dual-layered approach is crucial, particularly for those with significant crypto holdings, as the risks are not solely confined to the cyber realm. The conversation continues to evolve as leading voices in the field explore effective strategies to safeguard assets in an increasingly volatile environment. #SaylorBTCPurchase
The crypto market is also falling because of the overall market risks. While the US reached a truce with China, it maintained a 30% tariff. Officials also maintained the baseline 10% tariff on most goods from the UK, and talks with Japan have stalled. As such, there is a risk of a recession in the US, with Polymarket traders bringing the odds to 38%.
Meanwhile, Moody’s, one of the top three rating agencies, downgraded the U.S. on Friday after the market closed. It cited the country’s large public debt and Washington politicians’ deteriorating fiscal policies.
Will the crypto market go back up The best way to predict whether crypto prices will bounce back is to look at Bitcoin. On the daily chart, there are signs that it is slowly forming the bullish pennant pattern, comprising a vertical line and a triangle pattern.
Bitcoin is also forming a cup-and-handle pattern, a popular bullish continuation sign. It also remains above the 50-day moving average. Therefore, it may bounce back and hit its all-time high of $109,300.
Moving above that level will point to more gains in this cycle, leading to a strong rebound of most altcoins.
Chainlink unveils new startup program ‘Build on Solana’ Bitcoin btc -0.59% Bitcoin Bonk -11.96% Bonk FLOKI floki -9.36%
Bitcoin price remains range-bound hinting towards a slow weekend Markets Read more - Bitcoin price remains range-bound hinting towards a slow weekend Bitcoin price remains range-bound hinting towards a slow weekend
Bitcoin BTC Bitcoin 18 hours ago Moo Deng price approaches support: 50%