In a recent post on X, the ever-so-astute crypto analyst, Titan of Crypto, has declared that BTC is following the ABCD pattern. Yes, darling, it seems our dear Bitcoin is currently nestled within a wedge formation, with aspirations to soar as high as $137,000 if it manages to break free. Quite the ambitious little creature, isnât it? đŚ
The latest filing, a joint effort by Ripple and the SEC, requests the court to lift the injunction and release the $125 million civil penalty currently held in escrow, a veritable treasure trove of tantalizing possibilities. According to the settlement proposal, $50 million would be allocated to the SEC, while the remaining funds would be returned to Ripple, a division of spoils that seems almost… civilized.
Now, one might think that such a rejection would send investors into a frenzy, clutching their wallets and crying out for the nearest fainting couch. But fear not! For a wise crypto analyst has suggested that this pullback is merely part of a grander scheme, like a plot twist in a particularly convoluted novel. đâ¨
In his astute analysis, Crypto Man MAB has pointed out the evolving price structure of UNI, akin to a soap opera plot twist. The immediate support is lounging around $7.103, which marks the 24-hour lowâthink of it as the token’s safety blanket. Should UNI decide to take a little tumble, it might find a more robust support near $6.500, a level that has previously attracted buyers like moths to a flame. đĽ
All Eyes On Dogecoinâs 20-Month SMA
In a rather jolly email, Ripple’s big cheese, Brad Garlinghouse, declared that the tender offer would kick off on June 10 and run for a whole month, closing on July 9 at 5 p.m. PDT. He was practically bursting with pride, boasting about how fabulously positioned Ripple is in the market. “Join the fun, dear shareholders!” he seemed to say, as he invited those with eligible stock options to join the merry sales party.
This sudden surge in token hoarding is like watching a toddler discover a cookie jarâpure, unadulterated excitement! Institutional investors are apparently getting all hot and bothered over this, especially with the Trump Organization teasing a âmajor announcementâ thatâs got everyone speculating about a WLFI token exchange listing. Because nothing says âtrust meâ like a big reveal from a former president, am I right? đ
According to a recent report by Bloombergâbecause who doesnât love a good gossip column?âAnt International, the Singapore-based arm of Ant Group, is poised to apply for a stablecoin issuerâs license in Hong Kong as soon as the cityâs Stablecoins Ordinance becomes effective this August. Theyâre also casting their eyes toward regulatory approval in Singapore and Luxembourg. Because why not? The more, the merrier! đ
Our dear analyst, TehThomas, has donned his crystal ball and predicts a pullback, a shallow one at that! The tale begins with a dramatic breakout after a tumble towards $100,000, only to bounce back with the grace of a ballet dancer. The digital asset has cleared several fair value gaps, claiming its rightful place above $110,000, as if it were the king of the crypto castle.
In their latest report, the analytics firm Glassnode is basically saying, “Look at this volatility risk!” Itâs like theyâre the weather forecasters of the crypto world, and theyâre predicting a storm while everyone else is packing their beach towels. đ