Yesterday I was thrilled to report that crypto received quite the pump from the Fed. Sadly, prices have since retreated. Nonetheless, it’s clear to me that Ethereum and Bitcoin are technically still in a potentially supported value zone.
Previously I noted the spread between the two but we are now testing the top of a potential breakout range.
If I had one horse to back, it’ll be Ethereum rather than Bitcoin. Thank me later.
Gary Gensler resigns to the delight of the crypto world, which also eagerly anticipates Solana ETFs
Gold has experienced a significant pullback, down over 8% from its all-time high, as the US election results reduced political uncertainty and raised confidence in the economy. The Fed's cautious stance on rate cuts has made the non-yielding metal less attractive, while boosting assets like Bitcoin.
Michael Saylor, the company’s chairman, has been a strong advocate for Bitcoin, believing its value will continue to rise. With over $40 billion in Bitcoin assets, MicroStrategy’s stock has surged, becoming the most traded in the U.S.
Analysts expect the added liquidity and hedging tools from options to reduce volatility and drive prices higher, solidifying Bitcoin’s dominance in the digital asset market.
Solana just hit a new all-time high of $263 but how much more is there to come?
The bank’s strategic focus on acquiring a stablecoin payments firm underscores its commitment to innovation in blockchain-based financial services.
The cuts are part of a strategic pivot toward core products like Ronin Wallet, Waypoint, and Axie 2.0, underscoring a shift from rapid growth fueled by P2E hype to sustainable long-term operations.
Pump.fun, a booming memecoin platform, faces backlash for enabling extreme content, from exploitation to abuse, exposing crypto's dark side
