In addition: Gary Gensler’s secret side leaks
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GM. If today’s graphics were a fruit salad, it is spice. We empty through the mixture.
🤔 How are the specialties?
🤑 The rich are choosing cryptography.
🍋 News Drops: Crypto Exec’s family is almost kidnapped, Gary Gensler’s true colors are revealed + more
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🍍 Market taste today
Crypto has been trying well lately – And I must say that I did not realize how much I lost giving it positive updates on the market 🥹
The rally is still riding in the The United States and China agree to reduce tariffswho pump fresh energy to risk assets in all areas.
Combine that with the economy that shows signs of resilience, increased liquidity and interest rates that remain stable – And you have a configuration that doesn’t perfectBut good enough to keep optimistic investors.
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That is the general panorama. But now, let’s expand what is happening in Coin By Coin:
1/ Bitcoin
BTC broke over $ 100K last week and hasn’t looked back.
And what is more important, it seems realNot only exaggerated. According to Glassnode analystsThis increase came from Purchase of consistent spots – Aka really buy bitcoin directly, not leverage or speculation:
Ah, and besides that, Arizona and New Hampshire Approved Bitcoin Reserve Bills 🫢
With all this on progress The merchant Sykodelic thinks We could see New maximums of all time before the next meeting of the Fed on June 18.
2/ Ethereum
ETH has been disappointing for a while: last month it still dropped 60% since its December peak above $ 4K.
But things changed last week. THE PINTRA UPDATE The scalability and usability of Ethereum improved, and gave stakers more flexibility.
At the same time, Commercial tensions were relieved – And so, Ethereum recovered $ 2K, then ran to $ 2.5K.
Santiment says It is likely that there is a short -term volatility because everyone is seeing Eth again. But if Bitcoin reaches $ 110k, eth could cross $ 3K shortly after.
3/ XRP
XRP went to Tether to claim his place as the third largest cryptography for market capitalization. It rises 55% since it reached a local fund to $ 1.61 in April.
Some uprising signs of Borisvest de Cryptoquant:
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Open interest in future XRP (also known as the total value of all open futures contracts) is increasing again = Speculation is returning;
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More merchants are cutting XRP, and if the price is still or increasing, they could be forced to buy again, what activate a brief squeeze and push the price up;
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Sellers are active, but the price remains stable = Buyers are absorbing pressure.
If this continues, a break may not be far away.
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4/ Solarium
Solana had a strong start for May: it jumped almost 25% between May 6 and 10. Since then, the rally has slowed down a bit, but the price still has about $ 180.
The long term looks good for sun:
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Institutional interest is increasing;
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ETF rumors are still turning;
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The Firedcer update promises great performance profits.
Short -term signs are also decent:
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The total value of blocked solana (TVL), also known as the total amount of cryptography deposited in the Defi -based applications, has returned to the levels of mid -February = Renewed trust;
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Defi de Solana applications have seen Great activity growth;
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Network rates and income have increased for four weeks in a row = Real demand for users.
The technical level to see now is $ 185. If sun can break over it with a strong volume, $ 200 could be the following. But if it is rejected again, we could see that the price goes back to the safer support levels, perhaps somewhere in the range of $ 160- $ 170.
5/ BNB
JOAO WEDSON cryptocut author He pointed out that, although many Altcoins suffered more than 90%of the falls of their maximums of all time, BNB has kept surprisingly well.
Because? Utility, mostly. Binance built an empire and BNB feels right in the center of the same – It is used for rates, intelligent contracts, defi, whatever.
Further, Vaneck requested the first US ETF BNB.. If approved (especially with the rethink), the demand could go crazy.
But let’s not go. BNB is stuck below $ 660, the same wall that hit in 2021. The technical indicators are mixed and we could see a fall to $ 440 before another higher thrust.
In general, the macro configuration looks sweet, and the main crypts are climbing or preparing to climb.
Unless Trump wakes up and chooses the destruction of the market today … 🤠
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🥝 Memecoin harvest
Tokens that are making backflips today: 🤸
Data at 08:30 am est.
Check out these memecoras and much more here.
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🧃 Sip of Knowledge
Agent, his next task has arrived.
Code name: Mission “Presentation of the newly arrived Kucoin Bonds Bond program”
Aim: Infiltrate in Kucoin, complete tasks and extract maximum rewards.
Intel confirms:
🪙 Up to 11,000 USDT in bonds
🎯 1,100 bits insured at the end of the mission
This is not an exercise. Prepare, accessand execute.
Not participating will be unfortunate… for your wallet.
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I already gave you a complete Hopium section in the taste of the market, and you are still not satisfied ?? Still Hungry for some positivity? Are you insatiable like this?
Oh, don’t worry 🥰 I get 🥰 There are more here 🥰
Amy lo, which helps to manage money for the ultra rich of Asia in UBS (a great Swiss bank), says Your customers are moving away from the US dollar.
Where do they go? In gold, China and – Wait it – crypto.
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Commercial tensions between the United States and China are pushing investors to distribute their money in other currencies, alternative assets and yes, crypto so that their eggs are not in a basket (very American).
And now, what tells us that?
1/ The rich are taking crypto more seriously
If investors rich with financial advisors are adding cryptography to their portfolios, it reinforces the idea that cryptography is not just exaggeration.
It is a growing part of long -term wealth planning.
2/ political tension can be good for cryptography.
When countries like the United States and China are in bad terms, people care about the economy. That makes them look for investments that are not linked to any country.
Uugh, if there were only something global and independent of a government … 😣
Suggestion: It begins with “C”, ends with “or” and rhyme with “tuerte”. You already know.
3/ Diversification is great
These investors are not everything in crypto, but they are adding it to the mixture along with gold and basic products.
This shows that Crypto is beginning to be seen as part of an intelligent and balanced investment strategy.
So yes. There is your additional portion of good vibrations. Don’t say you never get
Now you are aware. But think of your friends, they probably have no idea. I wonder who could fix that … 😃🫵 Run your voice and be the hero that you know you are! |
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🍋
👨🦲 Cryptopunks got a new owner: Node took over the rights of Yuga Labs. Very much, since Cryptopunks is the most valuable NFT collection that exists.
🚐 The daughter and grandson of a cryptography executive were almost kidnapped in Paris. Three men tried to force them to a truck, but the woman and her partner defended themselves and arrested him.
🤨 The former SEC president, Gary Gensler, could not have been that anticipated after all … former congressman Patrick Mchenry said Gensler actually spoke quite positive about Blockchain and digital assets in individual conversations.
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