Bitcoin is actively attempting the retest of the 94-95K resistance. Should it succeed in bouncing, then that opens room for pumps to 100k+
However, the weekly close shows us that the strength is not all there, leading me to believe this breakout is not super likely to be successful. Like flipping a coin, it’s 50-50.
If it fails to hold 94k, then the hopium will fall to 92K to hold, but more likely, Bitcoin will head back towards the 80s.
As for altcoins, a decent few of them are attempting reversals, and a strong bounce on this dip could be pivotal in starting a new uptrend in the alt markets.
For more read today’s Opening Bell Newsletter
🚀 MYX FINANCE ON BINANCE WALLET
@MYX_Finance is kicking off the $MYX token sale on @BinanceWallet, open until May 6 at 10:00 AM UTC. The required Alpha Points threshold will be announced on May 6 before the subscription starts.
Key Details:
· Vesting: 100% on TGE
· Subscription cap per user - 3 $BNB (~$1800)
About Myx Finance:
#MYX offers an unparalleled on-chain derivatives trading experience, powered by MPM trading engine. Previously MYX Finance raised $10M in multiple funding rounds led by HongShan, with participation from @HashKey_Capital, @Consensys, @OKX_Ventures, @GSR_io, @hack_vc, @ForesightVen, @cypher_capital and others.
👉
DAMN, HERE WE GO BOYSSS, LET’S GOOOO! 🤯🔥
$DF moving like a storm brewing, CALM NOW, BUT ABOUT TO UNLEASH!
Chart tightening, ecosystem scaling, and the potential? Building to something BIG. Not just another coin, this is a foundation in motion.
$DF ready to BREAK OUT HARD!
#DF
Many things are happening in the RWA space, as with every other week
And @plumenetwork is often right there in the middle of the action 🐦
Did you know that @Sony's blockchain, @soneium, partnered with $PLUME for RWA staking and yield?
Now you know 🤝
There are many more new projects, official partners of Plume
Probably too many to count 😅
And it gets even crazier when you think of how many $$$ they will each bring to the Plume Mainnet in the form of RWA liquidity and yield
@yalaorg announced on the 1st of this month they'll bring at least $300M of $BTC liquidity, for example
As always, giga-bullish on $PLUME
⛽️ PumpFun > Ethereum? We’re in the meme timeline now.
Over the past year, PumpFun raked in $294M in fees, leaving Ethereum in the dust with a mere $249M. Yes, seriously. 🤯
It’s now 9 weeks straight that this memecoin casino is out-earning the OG smart contract chain. ETH devs be like: “Did we optimize too hard?” 😅
Apparently, gambling on frogs and fruit coins is more profitable than decentralized finance, DAOs, and layer twos. Who needs fundamentals when you’ve got fun... PumpFun. 💸🎉
Saylor's Firm Strategy Secures Additional Bitcoin, Taking Total Holdings to 555,450 BTC
Former CEO and co-founder, Michael Saylor, announced Strategy's latest bitcoin purchase. The company, previously known as MicroStrategy, spent over $180 million to buy an additional 1,895 BTC, thereby increasing its total holdings to well over 555,000 BTC.
The recent acquisition was made at a smaller scale of $180.3 million compared to the previous ones, including last week's purchase for $1.4 billion. Despite this, Strategy continues its consistent approach to buying BTC, especially following the US elections.
To date, the company has spent approximately $38.08 billion on bitcoins, acquiring them at an average price of $68,550 each, resulting in an unrealized profit exceeding $14 billion as the current bitcoin value stands above $94,000.