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🔥Cập Nhật🔥 7:30 tối nay giờ Việt Nam Chỉ số CPI sẽ được công bố. CPI 🇺🇸 Ước tính 2.4% Trước đó 2.4% Core CPI: Ước tính 2.8% Trước đó 2.8% #Market_Update $BTC {spot}(BTCUSDT)
🔥Cập Nhật🔥
7:30 tối nay giờ Việt Nam
Chỉ số CPI sẽ được công bố.

CPI 🇺🇸
Ước tính 2.4%
Trước đó 2.4%

Core CPI:
Ước tính 2.8%
Trước đó 2.8%
#Market_Update $BTC
BTC Reaffirms $110K Target Following Softest US CPI Print Since 2021Bitcoin price surpasses $104K as April CPI slows to 2.3%, renewing investor interest ahead of bullish momentum and Fed decision. Bitcoin rose above $104K as April CPI cooled to 2.3%, raising Fed rate cut conditions and fueling bullish market sentiment. Bitcoin Rises Above $104K As Inflation Cools Bitcoin rallied sharply on Monday following the release of April's US Consumer Price Index (CPI). According to data from Trading Economics, the US Consumer Price Index (CPI) rose to 320.80 points in April from 319.8 points in March 2025. Annual inflation in the US eased to 2.3 percent in April 2025, the lowest since February 2021, down from 2.4 percent in March and 2.4 percent forecast. {spot}(BTCUSDT) In particular, annual inflation, which increased by just 2.1% year-on-year, caught the attention of investors, as it reflected the lowest increase in inflation recorded after 2021. This reinforces market expectations for a Federal Reserve policy rate cut during the next FOMC meeting. Within two hours of the data release, $BTC was up 2.9% at press time to $104,771, after dropping to $101,868 on Monday. The move was accompanied by a 35% increase in bitcoin spot volume on Binance's BTC/USDT pair. TradFi market reaction was also notable as shares of Coinbase Global ( COIN ) rose 5.3% to $215 in pre-market trading, reflecting positive sentiment around cryptocurrency-related stocks. S&P 500 futures also rose 1.1% to 5,300, reflecting a synchronized recovery in global risk asset markets. $68.6 billion BTC open interest reaffirms bullish dominanc BTC's price action was supported by a decisive shift in derivatives markets, reflecting increased bullishness by traders. Open interest in bitcoin futures rose 2.38 percent to $68.57 billion. Options open interest rose 2.50% to $39.89 billion. On Binance, the top trader's long/short ratio reached 1.595. The market-wide ratio stood at 0.9724, reflecting a clear directional tilt to the upside. Liquidation trends recorded over the past 24 hours also confirm this bullish change in short-term momentum. Since CPI's release, $84.61 million of leveraged positions have been cleared. Short positions contributed $28.27 million of that total, with 81% of short liquidations occurring in the first hour. The CPI data captured a large portion of the market unhedged. On the other hand, futures trading volume decreased by 13.71 percent to $104.67 billion. Options volume also fell 9.64%. This indicates that while bullish positions have been established, short-term traders are now cautiously watching for further macro confirmation before increasing leverage exposure further. Looking Ahead: $BTC Eyes $110,000 as Rate Cut Bets Firm Up The combination of easing inflation, rising open interest, and strong spot demand points to continued upside for Bitcoin. Attention will now turn to upcoming comments from Federal Reserve Chair Jerome Powell and the release of the FOMC minutes. Clarification of the central bank’s stance will be crucial to validate the market’s current rate cut expectations. For now, Bitcoin is benefiting from macro relief, increased trading volume, and increasing capital flows, all of which are currently shaping up positively for BTC, which continues its upward momentum toward new all-time highs near $110,000. Bitcoin Technical Price Analysis: Bulls Eye $110K as RSI Holds Strong and Volume Delta Rebounds In today’s Bitcoin price forecast, the confluence of Bollinger Bands, positive volume delta, and elevated RSI supports a bullish view towards the $110,000 mark. As seen in the trading view chart below, Bitcoin is trading at $104,560 after gaining nearly 18% over the past 12-hour session, indicating bullish recovery following a consolidation phase. Moreover, $BTC price has clearly broken above the mid-$100K range, with sustained closes above both the Bollinger Basis Band ($100,182) and Upper Envelope Band ($100,614), suggesting strong directional conviction. Bollinger bands are widening, which is often a precursor to a volatile move, as candles are hovering near the upper band at $108,439, reinforcing the potential for a bullish continuation. The strength of the momentum is further confirmed by the RSI holding at 72.52, which is marginally above the 70 range that usually defines overbought conditions. However, a sustained rise in the RSI without any divergence indicates trend strength rather than exhaustion, especially when the RSI line maintains a gradual upward slope above its signal. Notably, the recent increase in positive volume delta to +1.27K marks the highest buyer dominance since early May, indicating renewed demand for the spot. Downside risks remain limited as long as BTC holds above the psychological $100,000 support, which is consistent with both midband support and historical resistance that has now turned into support. A clean break below $100,000 with weakening volume could reopen bids towards $92,850. #BTC #CryptoNewss #MarketSentimentToday #Market_Update #alart

BTC Reaffirms $110K Target Following Softest US CPI Print Since 2021

Bitcoin price surpasses $104K as April CPI slows to 2.3%, renewing investor interest ahead of bullish momentum and Fed decision.
Bitcoin rose above $104K as April CPI cooled to 2.3%, raising Fed rate cut conditions and fueling bullish market sentiment.
Bitcoin Rises Above $104K As Inflation Cools
Bitcoin rallied sharply on Monday following the release of April's US Consumer Price Index (CPI). According to data from Trading Economics, the US Consumer Price Index (CPI) rose to 320.80 points in April from 319.8 points in March 2025.
Annual inflation in the US eased to 2.3 percent in April 2025, the lowest since February 2021, down from 2.4 percent in March and 2.4 percent forecast.


In particular, annual inflation, which increased by just 2.1% year-on-year, caught the attention of investors, as it reflected the lowest increase in inflation recorded after 2021.

This reinforces market expectations for a Federal Reserve policy rate cut during the next FOMC meeting.
Within two hours of the data release, $BTC was up 2.9% at press time to $104,771, after dropping to $101,868 on Monday.

The move was accompanied by a 35% increase in bitcoin spot volume on Binance's BTC/USDT pair.
TradFi market reaction was also notable as shares of Coinbase Global ( COIN ) rose 5.3% to $215 in pre-market trading, reflecting positive sentiment around cryptocurrency-related stocks.

S&P 500 futures also rose 1.1% to 5,300, reflecting a synchronized recovery in global risk asset markets.
$68.6 billion BTC open interest reaffirms bullish dominanc
BTC's price action was supported by a decisive shift in derivatives markets, reflecting increased bullishness by traders.
Open interest in bitcoin futures rose 2.38 percent to $68.57 billion. Options open interest rose 2.50% to $39.89 billion.
On Binance, the top trader's long/short ratio reached 1.595. The market-wide ratio stood at 0.9724, reflecting a clear directional tilt to the upside.

Liquidation trends recorded over the past 24 hours also confirm this bullish change in short-term momentum. Since CPI's release, $84.61 million of leveraged positions have been cleared.
Short positions contributed $28.27 million of that total, with 81% of short liquidations occurring in the first hour. The CPI data captured a large portion of the market unhedged.
On the other hand, futures trading volume decreased by 13.71 percent to $104.67 billion. Options volume also fell 9.64%.
This indicates that while bullish positions have been established, short-term traders are now cautiously watching for further macro confirmation before increasing leverage exposure further.
Looking Ahead: $BTC Eyes $110,000 as Rate Cut Bets Firm Up
The combination of easing inflation, rising open interest, and strong spot demand points to continued upside for Bitcoin.
Attention will now turn to upcoming comments from Federal Reserve Chair Jerome Powell and the release of the FOMC minutes. Clarification of the central bank’s stance will be crucial to validate the market’s current rate cut expectations.
For now, Bitcoin is benefiting from macro relief, increased trading volume, and increasing capital flows, all of which are currently shaping up positively for BTC, which continues its upward momentum toward new all-time highs near $110,000.
Bitcoin Technical Price Analysis: Bulls Eye $110K as RSI Holds Strong and Volume Delta Rebounds
In today’s Bitcoin price forecast, the confluence of Bollinger Bands, positive volume delta, and elevated RSI supports a bullish view towards the $110,000 mark.
As seen in the trading view chart below, Bitcoin is trading at $104,560 after gaining nearly 18% over the past 12-hour session, indicating bullish recovery following a consolidation phase.
Moreover, $BTC price has clearly broken above the mid-$100K range, with sustained closes above both the Bollinger Basis Band ($100,182) and Upper Envelope Band ($100,614), suggesting strong directional conviction.

Bollinger bands are widening, which is often a precursor to a volatile move, as candles are hovering near the upper band at $108,439, reinforcing the potential for a bullish continuation.
The strength of the momentum is further confirmed by the RSI holding at 72.52, which is marginally above the 70 range that usually defines overbought conditions.
However, a sustained rise in the RSI without any divergence indicates trend strength rather than exhaustion, especially when the RSI line maintains a gradual upward slope above its signal.
Notably, the recent increase in positive volume delta to +1.27K marks the highest buyer dominance since early May, indicating renewed demand for the spot.
Downside risks remain limited as long as BTC holds above the psychological $100,000 support, which is consistent with both midband support and historical resistance that has now turned into support.

A clean break below $100,000 with weakening volume could reopen bids towards $92,850.

#BTC #CryptoNewss #MarketSentimentToday #Market_Update #alart
🔥ATENCIÓN🔥 📈Prepárense para la VOLATILIDAD ante esto: ¿Por qué debemos estar atentos a los datos de la INFLACIÓN y cuántos recortes de tasa se esperan para este año 👉Esta semana se publican los datos de inflación IPC e IPP: ▪️Para el IPC, que se conoce el martes, se espera que se mantenga en el 2.4% anterior. ▪️Para el IPP mensual, que se publica el jueves, se espera que suba de -0.4% a +0.2%. ¿Qué sería lo mejor para #Bitcoin y las ACCIONES 👉Lo ideal sería que la inflación caiga más de lo esperado, ya que eso es lo que busca la FED para comenzar a recortar la tasa de interés. ¿Cuándo se espera el primer recorte de tasa y cuántos habrá en 2025 🔹Desde la última decisión de la tasa de interés, donde Powell se mostró más preocupado por la inflación (aunque viene en caída) que por la economía (aunque los datos sean negativos), las probabilidades de recortes cayeron. 🔹Hace unas semanas se esperaban 4 recortes de tasa este año, con el primero en junio. 🔹Después de esa decisión, ahora se esperan solo 2 recortes, siendo el primero recién en septiembre. ¿Por qué que los inversores esperen MENOS RECORTES puede ser positivo para los mercados financieros 📍Es positivo porque lo realmente caótico sería que los inversores esperen un recorte y que la FED no lo realice. 📍Antes, los mercados esperaban muchos más recortes que los que proyectaba la FED. 📍Ahora, los inversores se alinearon con la proyección de 2 recortes que la FED ya había anticipado. #Fed #CryptoCPIWatch #Market_Update #BTC #MercadoFinanceiro $BTC
🔥ATENCIÓN🔥

📈Prepárense para la VOLATILIDAD ante esto:
¿Por qué debemos estar atentos a los datos de la INFLACIÓN y cuántos recortes de tasa se esperan para este año

👉Esta semana se publican los datos de inflación IPC e IPP:
▪️Para el IPC, que se conoce el martes, se espera que se mantenga en el 2.4% anterior.
▪️Para el IPP mensual, que se publica el jueves, se espera que suba de -0.4% a +0.2%.

¿Qué sería lo mejor para #Bitcoin y las ACCIONES

👉Lo ideal sería que la inflación caiga más de lo esperado, ya que eso es lo que busca la FED para comenzar a recortar la tasa de interés.

¿Cuándo se espera el primer recorte de tasa y cuántos habrá en 2025

🔹Desde la última decisión de la tasa de interés, donde Powell se mostró más preocupado por la inflación (aunque viene en caída) que por la economía (aunque los datos sean negativos), las probabilidades de recortes cayeron.
🔹Hace unas semanas se esperaban 4 recortes de tasa este año, con el primero en junio.
🔹Después de esa decisión, ahora se esperan solo 2 recortes, siendo el primero recién en septiembre.

¿Por qué que los inversores esperen MENOS RECORTES puede ser positivo para los mercados financieros

📍Es positivo porque lo realmente caótico sería que los inversores esperen un recorte y que la FED no lo realice.
📍Antes, los mercados esperaban muchos más recortes que los que proyectaba la FED.
📍Ahora, los inversores se alinearon con la proyección de 2 recortes que la FED ya había anticipado.

#Fed #CryptoCPIWatch #Market_Update #BTC #MercadoFinanceiro $BTC
📊 Volatility Watch: Key US Economic Events This Week key Points of this whole week and Market Updates Get ready — this week is packed with major US economic data that could move #Bitcoin and risk assets sharply. Here’s what to watch: 🔹 Today – May 13• CPI y/y & Core CPI m/m : Inflation data met expectations. No major surprises, but markets remain focused on the Fed’s upcoming decisions. 🔹 Thursday – May 15 • PPI & Retail Sales : Rising prices or weak consumer spending could impact risk sentiment. • Unemployment Claims : Any labor market weakness may increase pressure on the Fed. • Fed Chair Powell Speaks : His tone and comments could cause quick market reactions. 🔹 Friday – May 16 • UMich Consumer Sentiment & Inflation Expectations : These are closely watched by traders — especially amid inflation concerns. Stay alert — volatility is likely. #VolatilityWarning #WEEKLY_ANALYSIS #Market_Update #WeeklyMarketHighlights #MarketImpact
📊 Volatility Watch: Key US Economic Events This Week
key Points of this whole week and Market Updates
Get ready — this week is packed with major US economic data that could move #Bitcoin and risk assets sharply. Here’s what to watch:

🔹 Today – May 13•

CPI y/y & Core CPI m/m : Inflation data met expectations. No major surprises, but markets remain focused on the Fed’s upcoming decisions.
🔹 Thursday – May 15
• PPI & Retail Sales : Rising prices or weak consumer spending could impact risk sentiment.
• Unemployment Claims : Any labor market weakness may increase pressure on the Fed.
• Fed Chair Powell Speaks : His tone and comments could cause quick market reactions.
🔹 Friday – May 16
• UMich Consumer Sentiment & Inflation Expectations : These are closely watched by traders — especially amid inflation concerns.

Stay alert — volatility is likely.
#VolatilityWarning #WEEKLY_ANALYSIS #Market_Update #WeeklyMarketHighlights #MarketImpact
US-China Trade Deal: US Recession Chances Fall to 40%, Is Crypto Rally Ahead?Markets are seeing relief as a result of the US-China trade deal in Geneva. This has led critics to downgrade the chances of a US recession, which now stands at 40%. Earlier today, the US-China agreed to relax tariffs for another 90 days. Current forecast market data shows that the likelihood of the US entering a recession in 2025 has fallen to its lowest level in months. Compared to the 69.7% odds registered on the Kulshi marketplace earlier this month, these odds have now come down to 40%. Did US Recession Avert With US-China Tariff Pause? In a recent post on X, market commentator The Cubic Letter highlighted Kalashi's data on the likelihood of the US entering a recession in 2025. The two sides have eased US-China tariff tensions by agreeing to a 90-day tariff easing plan. As part of the deal, the US will cut tariffs on Chinese goods from 145 percent to 30 percent, while China will cut its tariffs on American products from 125 percent to just 10 percent. It is important to note that this update came during the high-level talks in Geneva, where US Treasury Secretary Scott Besant led the US delegation. China's Vice Premier, He Lifeng, represented Beijing. Besant affirmed that the two nations no longer seek economic dualism and instead focus on building a balanced trade relationship. He noted that previous tariffs had effectively acted as a barrier, hurting trade on both sides. The US-China trade deal marks a significant shift from this hardline stance. Shortly after the news broke, #Kalshi Data showed that the probability of a 2025 U.S. recession fell by about 2 percentage points to 43%. At the start of the year, data showed the odds of a recession at 71%, reflecting deep concerns over inflation, supply chain disruptions and global uncertainty. Mark Zindi, chief economist at Moody's, echoed that concern. Zandi warned of a possible US recession that led to significant crypto price declines earlier in the month. Crypto Market Reaction to US-China Trade Deal Financial markets responded with significant optimism. The Dow Jones and the Nasdaq made modest gains, while the price of $BTC surpassed $105,000. At the time of writing, the top coin was changing hands at $102,894 on top of a slight 1.03% slip-off. Bullish momentum is still intact with the coin's Relative Strength Index (RSI) at 64 and price trading above the 50-SMA. The market outlook has fueled renewed optimism around trade and global economic stability in general. As trade tensions ease, institutional and retail investors appear more willing to take on risk. With global sentiment improving, attention is now focused on how this momentum will shape future policy meetings and whether more countries will pursue similar aid-for-trade efforts. #china #US #Market_Update #CryptoNewss

US-China Trade Deal: US Recession Chances Fall to 40%, Is Crypto Rally Ahead?

Markets are seeing relief as a result of the US-China trade deal in Geneva. This has led critics to downgrade the chances of a US recession, which now stands at 40%.
Earlier today, the US-China agreed to relax tariffs for another 90 days. Current forecast market data shows that the likelihood of the US entering a recession in 2025 has fallen to its lowest level in months.

Compared to the 69.7% odds registered on the Kulshi marketplace earlier this month, these odds have now come down to 40%.
Did US Recession Avert With US-China Tariff Pause?
In a recent post on X, market commentator The Cubic Letter highlighted Kalashi's data on the likelihood of the US entering a recession in 2025.

The two sides have eased US-China tariff tensions by agreeing to a 90-day tariff easing plan.

As part of the deal, the US will cut tariffs on Chinese goods from 145 percent to 30 percent, while China will cut its tariffs on American products from 125 percent to just 10 percent.
It is important to note that this update came during the high-level talks in Geneva, where US Treasury Secretary Scott Besant led the US delegation. China's Vice Premier, He Lifeng, represented Beijing.
Besant affirmed that the two nations no longer seek economic dualism and instead focus on building a balanced trade relationship.

He noted that previous tariffs had effectively acted as a barrier, hurting trade on both sides. The US-China trade deal marks a significant shift from this hardline stance.
Shortly after the news broke, #Kalshi Data showed that the probability of a 2025 U.S. recession fell by about 2 percentage points to 43%.

At the start of the year, data showed the odds of a recession at 71%, reflecting deep concerns over inflation, supply chain disruptions and global uncertainty.
Mark Zindi, chief economist at Moody's, echoed that concern. Zandi warned of a possible US recession that led to significant crypto price declines earlier in the month.
Crypto Market Reaction to US-China Trade Deal
Financial markets responded with significant optimism. The Dow Jones and the Nasdaq made modest gains, while the price of $BTC surpassed $105,000.

At the time of writing, the top coin was changing hands at $102,894 on top of a slight 1.03% slip-off.

Bullish momentum is still intact with the coin's Relative Strength Index (RSI) at 64 and price trading above the 50-SMA.

The market outlook has fueled renewed optimism around trade and global economic stability in general.

As trade tensions ease, institutional and retail investors appear more willing to take on risk.
With global sentiment improving, attention is now focused on how this momentum will shape future policy meetings and whether more countries will pursue similar aid-for-trade efforts.

#china #US #Market_Update #CryptoNewss
#TradeWarEases 🚀 Equity Futures • S&P 500 futures +2.6% 👍📈🚀 • Dow Jones futures +2.0% 🎉💰👍 • Nasdaq 100 futures +3.8% 📈🚀🔥 🛢️ Oil • WTI $62.68/bbl, Brent $65.55/bbl 💲🛢️🌍 💰 Gold • XAU/USD –1.7% to $3,232.9/oz 📉💰💲 💵 Dollar Index • DXY +0.9% to its highest since early April ⬆️💲💵 ✅ Deal Highlights • 90-day tariff truce: US cuts 145%→30%, China 125%→10% 🤝⚖️✅ • Key to watch: auto-renewal clauses, binding dispute rules & sectoral roadmaps 🧐🔑📝 $ETH $PEPE $DOGE #crypto #MarketMoves #Market_Update #war
#TradeWarEases
🚀 Equity Futures
• S&P 500 futures +2.6% 👍📈🚀

• Dow Jones futures +2.0% 🎉💰👍

• Nasdaq 100 futures +3.8% 📈🚀🔥

🛢️ Oil
• WTI $62.68/bbl, Brent $65.55/bbl 💲🛢️🌍

💰 Gold
• XAU/USD –1.7% to $3,232.9/oz 📉💰💲

💵 Dollar Index
• DXY +0.9% to its highest since early April ⬆️💲💵

✅ Deal Highlights
• 90-day tariff truce: US cuts 145%→30%, China 125%→10% 🤝⚖️✅

• Key to watch: auto-renewal clauses, binding dispute rules & sectoral roadmaps 🧐🔑📝
$ETH $PEPE $DOGE
#crypto #MarketMoves
#Market_Update
#war
🚀 Pi Coin: Binance Listing Speculation and 2025 Price OutlookBinance. The Pi Network (PI) is generating buzz amid rumors of a potential Binance listing and significant market movements. 🔍 Binance Listing Speculation Recent activity has fueled speculation about Pi Coin's listing on Binance: Whale Accumulation: A large wallet acquired 70 million PI tokens from OKX, totaling 155 million PI, making it the largest known holder on any exchange. Community Sentiment: A Binance community vote showed 86% support for listing Pi Coin, indicating strong user interest. Binance Ecosystem Developments: The Pi Network's Open Network launch and upcoming announcements at Consensus 2025 are seen as steps toward broader exchange listings. While Binance has not officially confirmed a listing, these developments suggest growing momentum toward potential inclusion. 📈 Pi Coin Price Prediction for 2025 Analysts offer varied forecasts for Pi Coin's price in 2025. CoinCodex: Predicts a range between $1.24 and $6.08, with the upper bound representing a 368% increase from current levels. CoinCodex CoinMarketCap Academy: Projects a target of $1.74, with potential highs of $2.00 to $3.00. CoinMarketCap Crypto.News: Suggests a possible surge to $3.95–$6.04 by June 2025, contingent on market conditions and ecosystem developments. As of May 14, 2025, Pi Coin is trading at approximately $1.31, reflecting recent volatility and investor interest #Binance #coincap #Market_Update #PiCoreTeam #news $PEPE $BNB $ETH
🚀 Pi Coin: Binance Listing Speculation and 2025 Price OutlookBinance.

The Pi Network (PI) is generating buzz amid rumors of a potential Binance listing and significant market movements.

🔍 Binance Listing Speculation

Recent activity has fueled speculation about Pi Coin's listing on Binance:

Whale Accumulation: A large wallet acquired 70 million PI tokens from OKX, totaling 155 million PI, making it the largest known holder on any exchange.

Community Sentiment: A Binance community vote showed 86% support for listing Pi Coin, indicating strong user interest. Binance

Ecosystem Developments: The Pi Network's Open Network launch and upcoming announcements at Consensus 2025 are seen as steps toward broader exchange listings.

While Binance has not officially confirmed a listing, these developments suggest growing momentum toward potential inclusion.

📈 Pi Coin Price Prediction for 2025

Analysts offer varied forecasts for Pi Coin's price in 2025.

CoinCodex: Predicts a range between $1.24 and $6.08, with the upper bound representing a 368% increase from current levels. CoinCodex

CoinMarketCap Academy: Projects a target of $1.74, with potential highs of $2.00 to $3.00. CoinMarketCap

Crypto.News: Suggests a possible surge to $3.95–$6.04 by June 2025, contingent on market conditions and ecosystem developments.

As of May 14, 2025, Pi Coin is trading at approximately $1.31, reflecting recent volatility and investor interest

#Binance #coincap #Market_Update #PiCoreTeam #news

$PEPE $BNB $ETH
PI - Plankton:
Pi is creating more buzz than bitcoin and that is its strength
--
Бичи
📊$ETH Market Overview Current Price: ~$2,593.49 USD 24h Change: +3.18% 24h Range: $2,425.28 – $2,577.68 USD Market Cap: ~$308 billion USD 24h Trading Volume: ~$14.2 billion USD Circulating Supply: ~119 million ETH All-Time High: ~$4,891 USD (November 2021) 📰 Recent Developments Pectra Upgrade Success: Ethereum's recent Pectra upgrade has enhanced network scalability and user experience, contributing to a 42% surge in ETH's market capitalization over five days. Staking Profitability: The recent price rally has returned staked ETH coins to profitability for the first time since March 2025, boosting validator confidence and potentially increasing network participation. Whale Activity: A notable Ethereum whale turned a $21 million loss into a $21.7 million profit by accumulating ETH during its price dip, indicating strong bullish sentiment among large investors. Market Momentum: The broader crypto market rally, fueled by macroeconomic factors such as the US-China trade deal, has positively impacted ETH's price trajectory. 🔮 Price Forecast Analysts suggest that if Ethereum maintains its current momentum, it could test resistance levels around $2,800 to $3,000 in the near term. Technical indicators, including a recent golden cross, support a bullish outlook for ETH. guys like and follow for more update and comment your thoughts 👇 $ETH {spot}(ETHUSDT) #CryptoNewss #Market_Update #Binance #TrendingTopic #ETH
📊$ETH Market Overview

Current Price: ~$2,593.49 USD

24h Change: +3.18%

24h Range: $2,425.28 – $2,577.68 USD

Market Cap: ~$308 billion USD

24h Trading Volume: ~$14.2 billion USD

Circulating Supply: ~119 million ETH

All-Time High: ~$4,891 USD (November 2021)

📰 Recent Developments

Pectra Upgrade Success: Ethereum's recent Pectra upgrade has enhanced network scalability and user experience, contributing to a 42% surge in ETH's market capitalization over five days.

Staking Profitability: The recent price rally has returned staked ETH coins to profitability for the first time since March 2025, boosting validator confidence and potentially increasing network participation.

Whale Activity: A notable Ethereum whale turned a $21 million loss into a $21.7 million profit by accumulating ETH during its price dip, indicating strong bullish sentiment among large investors.

Market Momentum: The broader crypto market rally, fueled by macroeconomic factors such as the US-China trade deal, has positively impacted ETH's price trajectory.

🔮 Price Forecast

Analysts suggest that if Ethereum maintains its current momentum, it could test resistance levels around $2,800 to $3,000 in the near term. Technical indicators, including a recent golden cross, support a bullish outlook for ETH.

guys like and follow for more update and comment your thoughts 👇

$ETH
#CryptoNewss #Market_Update #Binance #TrendingTopic #ETH
🔥🔥🔥 #CryptoMarkets #Market_Update #NewMarkets ***Các sự kiện kinh tế quan trọng trong tuần này*** Thứ 2, 12/5 - Thông báo về Thỏa thuận Thương mại Mỹ - Trung - Bài phát biểu của Thống đốc Fed Adriana Kugler Thứ 3, 13/5 - Lạm phát CPI của Mỹ: Dự kiến 2.3% | Trước đó 2.4% - Lạm phát CPI lõi: Dự kiến 2.8% | Trước đó 2.8% - Ngân hàng Dự trữ Úc công bố quyết định lãi suất Thứ 4, 14/5 - Bài phát biểu của Thống đốc Fed Christopher Waller - Bài phát biểu của Phó Chủ tịch Fed Philip Jefferson - Bài phát biểu của Chủ tịch Fed khu vực San Francisco Mary Daly Thứ 5, 15/5 - Số đơn xin trợ cấp thất nghiệp lần đầu của Mỹ: Dự kiến 227,000 | Trước đó 228,000 - Chỉ số core PPI của Mỹ (lạm phát ngành sản xuất) - Bài phát biểu của Chủ tịch Fed Jerome Powell - Bài phát biểu của Thống đốc Fed Michael Barr {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(BNBUSDT)
🔥🔥🔥 #CryptoMarkets #Market_Update #NewMarkets
***Các sự kiện kinh tế quan trọng trong tuần này***

Thứ 2, 12/5
- Thông báo về Thỏa thuận Thương mại Mỹ - Trung
- Bài phát biểu của Thống đốc Fed Adriana Kugler

Thứ 3, 13/5
- Lạm phát CPI của Mỹ: Dự kiến 2.3% | Trước đó 2.4%
- Lạm phát CPI lõi: Dự kiến 2.8% | Trước đó 2.8%
- Ngân hàng Dự trữ Úc công bố quyết định lãi suất

Thứ 4, 14/5
- Bài phát biểu của Thống đốc Fed Christopher Waller
- Bài phát biểu của Phó Chủ tịch Fed Philip Jefferson
- Bài phát biểu của Chủ tịch Fed khu vực San Francisco Mary Daly

Thứ 5, 15/5
- Số đơn xin trợ cấp thất nghiệp lần đầu của Mỹ: Dự kiến 227,000 | Trước đó 228,000
- Chỉ số core PPI của Mỹ (lạm phát ngành sản xuất)
- Bài phát biểu của Chủ tịch Fed Jerome Powell
- Bài phát biểu của Thống đốc Fed Michael Barr
"📉Morning Crypto Market Cap Snapshot: 24-Hour Performance".🔻📉⏬ 1. Chain Category: Largest assets include $ETH (Ethereum) down by -0.89% at $2,512, SOL (Solana) down by -0.87% at $175.20, and $BNB down by -1.25% at $656.92. Some chains are showing positive movement, like SUI up by 2.02%. 2.Currency Category: $BTC (Bitcoin) is slightly down by -0.18% at $103,985. XRP is down by -0.22% at $2.40. 3.Meme Category: DOGE (Dogecoin) is up by 0.51% at $0.241. Other meme coins like SHIB and PEPE are also shown. 4.CeFi (Centralized Finance) and DeFi (Decentralized Finance) Categories: LEO and BGB are in the CeFi group, while AAVE and JUP are in the DeFi group, showing mixed performance. 5.Blockchain Infrastructure and Services: LINK (Chainlink) is up by 1.30%, while some blockchain service coins show minor fluctuations. #MarketAnalysis #Market_Update #MarketMoves #BTC #ETH
"📉Morning Crypto Market Cap Snapshot: 24-Hour Performance".🔻📉⏬

1. Chain Category:

Largest assets include $ETH (Ethereum) down by -0.89% at $2,512, SOL (Solana) down by -0.87% at $175.20, and $BNB down by -1.25% at $656.92.

Some chains are showing positive movement, like SUI up by 2.02%.

2.Currency Category:

$BTC (Bitcoin) is slightly down by -0.18% at $103,985.

XRP is down by -0.22% at $2.40.

3.Meme Category:

DOGE (Dogecoin) is up by 0.51% at $0.241.

Other meme coins like SHIB and PEPE are also shown.

4.CeFi (Centralized Finance) and DeFi (Decentralized Finance) Categories:

LEO and BGB are in the CeFi group, while AAVE and JUP are in the DeFi group, showing mixed performance.

5.Blockchain Infrastructure and Services:

LINK (Chainlink) is up by 1.30%, while some blockchain service coins show minor fluctuations.

#MarketAnalysis #Market_Update #MarketMoves #BTC #ETH
Why Is TRUMP Token Price Down Just Before Trump Crypto Dinner?Ahead of Trump's crypto dinner, the price of the TRUMP token has fallen more than 5% amid fears of a sell-off by holders who failed to make the cut. The price of the TRUMP token has taken a big hit after Donald Trump's confirmation of places for the crypto dinner. However, on-chain analysis suggests that the falling prices are linked to a massive sell-off by attendees after the dinner event cut-off on May 12. {spot}(TRUMPUSDT) Trump token price drops 5% 24 hours before crypto dinner $TRUMP token holders are scratching their heads over the sudden price drop ahead of the widely anticipated Trump crypto dinner. memecoin fell nearly 6% in the past day to a low of $12.33 from a weekly peak of over $15. While falling prices closely resemble the ebb and flow of crypto volatility, a closer look reveals a worrying pattern. According to an X post by pseudonymous analyst Few, on-chain data indicates a massive sell-off by asset holders. In their submission, Few notes that the massive sell-off negatively impacts the price of the TRUMP token, following the cutoff for Trump's crypto dinner. “People have closed all their $Trump hedges,” said Few. “And simultaneously sold some of their tokens too since the cutoff time has passed to participate in the Trump dinner.” The top 220 TRUMP token holders received invitations to an exclusive Trump crypto dinner on the May 12 cut-off date. However, several investors shorted Memecoin just before the cutoff, citing declining utility for the token. A closer look at the data shows that accumulated funding rates fell into the negative before climbing back up, indicating the closing of several short positions. Earlier, TRUMP’s price rose after Donald Trump confirmed a gala dinner on May 22. A raft of worries ahead of Trump’s crypto dinner Ahead of the widely anticipated dinner on May 22, there are concerns that the Trump token’s price will continue to plummet. However, Few argues that the token's value will hold up well during the shorting, while expressing hope that issuers will unveil new utilities to prevent the dump. However, reports of the $TRUMP Coin team dumping tokens on exchanges have sparked sell-off concerns. "Not sure what will happen next, but I guess the people behind the token are going to do something until dinner," Few said. Despite the uncertainty surrounding the pricing, the event has drawn strong criticism for the blurred lines between politics and personal profit. Other critics are concerned about possible foreign influence, chief among them non-US citizens. Tron founder Justin Sun will attend the dinner after winning first place with other foreign token holders. #TrumpCrypto #Trump's #coin #MarketSentimentToday #Market_Update

Why Is TRUMP Token Price Down Just Before Trump Crypto Dinner?

Ahead of Trump's crypto dinner, the price of the TRUMP token has fallen more than 5% amid fears of a sell-off by holders who failed to make the cut.
The price of the TRUMP token has taken a big hit after Donald Trump's confirmation of places for the crypto dinner.

However, on-chain analysis suggests that the falling prices are linked to a massive sell-off by attendees after the dinner event cut-off on May 12.


Trump token price drops 5% 24 hours before crypto dinner
$TRUMP token holders are scratching their heads over the sudden price drop ahead of the widely anticipated Trump crypto dinner. memecoin fell nearly 6% in the past day to a low of $12.33 from a weekly peak of over $15.
While falling prices closely resemble the ebb and flow of crypto volatility, a closer look reveals a worrying pattern.

According to an X post by pseudonymous analyst Few, on-chain data indicates a massive sell-off by asset holders.

In their submission, Few notes that the massive sell-off negatively impacts the price of the TRUMP token, following the cutoff for Trump's crypto dinner.
“People have closed all their $Trump hedges,” said Few. “And simultaneously sold some of their tokens too since the cutoff time has passed to participate in the Trump dinner.”
The top 220 TRUMP token holders received invitations to an exclusive Trump crypto dinner on the May 12 cut-off date.

However, several investors shorted Memecoin just before the cutoff, citing declining utility for the token.

A closer look at the data shows that accumulated funding rates fell into the negative before climbing back up, indicating the closing of several short positions. Earlier, TRUMP’s price rose after Donald Trump confirmed a gala dinner on May 22.
A raft of worries ahead of Trump’s crypto dinner
Ahead of the widely anticipated dinner on May 22, there are concerns that the Trump token’s price will continue to plummet.

However, Few argues that the token's value will hold up well during the shorting, while expressing hope that issuers will unveil new utilities to prevent the dump.
However, reports of the $TRUMP Coin team dumping tokens on exchanges have sparked sell-off concerns.
"Not sure what will happen next, but I guess the people behind the token are going to do something until dinner," Few said.
Despite the uncertainty surrounding the pricing, the event has drawn strong criticism for the blurred lines between politics and personal profit.

Other critics are concerned about possible foreign influence, chief among them non-US citizens. Tron founder Justin Sun will attend the dinner after winning first place with other foreign token holders.

#TrumpCrypto #Trump's #coin #MarketSentimentToday #Market_Update
Donald Trump Predicts Stock Market Breakout, Will Crypto Market Also Soar?Donald Trump has said that the stock market will go higher, which could lead to a rally in the crypto market given BTC's correlation with stocks. United States President Donald Trump will likely trigger an indirect crypto market rally, given his latest forecast for the mainstream stock market, driven by his administration's new policies. {spot}(BTCUSDT) While many experts have noted that the Trump administration's policies have nearly crippled the economy, new developments show that a large-scale shift is afoot. Donald Trump, the correlation between stocks and the crypto market During a recent speech, President Trump said that his visit to Saudi Arabia has brought in over $1 trillion in investment for the United States. He highlighted upcoming commercial deals with major companies like Amazon and Oracle. According to him, these investments will boost the stock market and create jobs. At an investment forum event in Riyadh, Saudi Arabia, Donald Trump addressed past criticism of his support for asset investments. He insisted that those who followed his initial advice have now seen the benefits. He predicted that an investment boom is coming. He added that stocks will respond strongly to the direction of the new policy, likely to rub off on the crypto market. May 12, the S&P 500 turned positive as it closed 3.26% higher at 5,844.19, officially entering a bull market. It has gained more than 1,000 points in the past month, erasing previous losses for 2025. Analysts said the market's rally was supported by optimism surrounding the US-China trade talks, which resulted in a 90-day hiatus on levies. Bitcoin and Retail $BTC Investors Shape the Crypto Market Narrative It is worth noting that when the stock rose, the crypto market led by Bitcoin also gradually climbed. According to CoinMarketCap, the largest cryptocurrency is trading at $104,287.29, which represents a 1.68% increase in 24 hours. Santiment data shows that wallets between 10 and 10,000 BTC raised 83,000 BTC in 30 days. On the other hand, smaller wallets holding less than 0.1 BTC sold 387 BTC, signaling a wave of profit-taking among retail traders. This activity shows that large investors are still confident in Bitcoin’s direction. During the same period, the cryptocurrency rose from $85,000 to $105,000, matching the strength seen in traditional equities. Correlation between Bitcoin and the S&P 500 raises questions. In a recent post on X, Bloomberg's Mike McGlone also indirectly weighed in on the correlation between the crypto market and stocks. He noted that Bitcoin's correlation with the S&P 500 is rising. He believes that the crypto market exhibits leveraged beta behavior and that Bitcoin now has more systematic risk. However, CryptoQuant data revealed that buying pressure for Bitcoin has increased. On May 13, the indicator rose to 1.02, indicating the dominance of short-term buyers. Many analysts now wonder if crypto could soon match the stock market's recent and future breakout momentum as predicted by President Donald Trump. #TrumpCrypto #TRUMP #CryptoNewss #Market_Update #MarketSentimentToday

Donald Trump Predicts Stock Market Breakout, Will Crypto Market Also Soar?

Donald Trump has said that the stock market will go higher, which could lead to a rally in the crypto market given BTC's correlation with stocks.
United States President Donald Trump will likely trigger an indirect crypto market rally, given his latest forecast for the mainstream stock market, driven by his administration's new policies.


While many experts have noted that the Trump administration's policies have nearly crippled the economy, new developments show that a large-scale shift is afoot.
Donald Trump, the correlation between stocks and the crypto market
During a recent speech, President Trump said that his visit to Saudi Arabia has brought in over $1 trillion in investment for the United States.

He highlighted upcoming commercial deals with major companies like Amazon and Oracle. According to him, these investments will boost the stock market and create jobs.
At an investment forum event in Riyadh, Saudi Arabia, Donald Trump addressed past criticism of his support for asset investments.

He insisted that those who followed his initial advice have now seen the benefits. He predicted that an investment boom is coming. He added that stocks will respond strongly to the direction of the new policy, likely to rub off on the crypto market.
May 12, the S&P 500 turned positive as it closed 3.26% higher at 5,844.19, officially entering a bull market.

It has gained more than 1,000 points in the past month, erasing previous losses for 2025. Analysts said the market's rally was supported by optimism surrounding the US-China trade talks, which resulted in a 90-day hiatus on levies.
Bitcoin and Retail $BTC Investors Shape the Crypto Market Narrative
It is worth noting that when the stock rose, the crypto market led by Bitcoin also gradually climbed.

According to CoinMarketCap, the largest cryptocurrency is trading at $104,287.29, which represents a 1.68% increase in 24 hours.
Santiment data shows that wallets between 10 and 10,000 BTC raised 83,000 BTC in 30 days.

On the other hand, smaller wallets holding less than 0.1 BTC sold 387 BTC, signaling a wave of profit-taking among retail traders.
This activity shows that large investors are still confident in Bitcoin’s direction. During the same period, the cryptocurrency rose from $85,000 to $105,000, matching the strength seen in traditional equities.
Correlation between Bitcoin and the S&P 500 raises questions.
In a recent post on X, Bloomberg's Mike McGlone also indirectly weighed in on the correlation between the crypto market and stocks.

He noted that Bitcoin's correlation with the S&P 500 is rising. He believes that the crypto market exhibits leveraged beta behavior and that Bitcoin now has more systematic risk.
However, CryptoQuant data revealed that buying pressure for Bitcoin has increased. On May 13, the indicator rose to 1.02, indicating the dominance of short-term buyers.

Many analysts now wonder if crypto could soon match the stock market's recent and future breakout momentum as predicted by President Donald Trump.

#TrumpCrypto #TRUMP #CryptoNewss #Market_Update #MarketSentimentToday
الايثيريوم حرفياً هو قائد السوق الان قريباً ، العملات ستتأثر بهذه القيادية بشكل كبير جداً خطوة بخطوة ، لنوصل لبداية موسم العملات البديلة وخطوة بخطوة ، لأضعك بصورة الواقع إن شاء الله م تنسى ، السحر الحلال 🪄 م.امير ✒️ #BTC #ETH #Market_Update
الايثيريوم حرفياً هو قائد السوق الان
قريباً ، العملات ستتأثر بهذه القيادية بشكل كبير جداً

خطوة بخطوة ، لنوصل لبداية موسم العملات البديلة
وخطوة بخطوة ، لأضعك بصورة الواقع إن شاء الله

م تنسى ، السحر الحلال 🪄
م.امير ✒️

#BTC #ETH #Market_Update
Criptos Futuro:
#Eth la mejor entre los mejores
I told you yesterday about BTC dominance bouncing and warned you about red candles — and now it's happening just as expected. If this is your first time reading my post, I recommend you go through my profile and see the value I’ve been sharing consistently on Binance Square for beginner traders. I share what I’ve learned through experience, not copied from others. Today, I want to tell you something important as per my market analysis — don’t sell your long-term bags. The market is dipping and coins are coming down, but this is not a time to panic. This is a time to prepare. These dips may continue for 2 to 4 more days, and that’s completely normal after a strong move. What you should not do is buy anything out of FOMO. After such a long bearish trend, we are now in a long bullish phase, and now every dip brings a new opportunity. If you’ve got funds and you’re looking to build your positions, the smart way to buy is in parts. Don’t throw all your money in at once. Keep some on the side so you can average in during any further drops. By the time the market turns green again, you’ll already be holding the right bags. Never go 100% in out of excitement — that’s not trading, that’s gambling. I might be wrong — no one owns the market. All we can do is predict and plan. I’m just sharing what I see with a clean heart and sincere intention. Please, always do your own research before acting on anything. And if you're wondering which coins to buy, I’ve already shared my personal list in a pinned post. Many of those coins have already done 2X, and that’s because I bought them before the hype. I don’t run paid groups, I don’t need followers — I just want to see you win. #RoughTraderPk #TradeLessons #TradeStories #Market_Update
I told you yesterday about BTC dominance bouncing and warned you about red candles — and now it's happening just as expected. If this is your first time reading my post, I recommend you go through my profile and see the value I’ve been sharing consistently on Binance Square for beginner traders. I share what I’ve learned through experience, not copied from others.

Today, I want to tell you something important as per my market analysis — don’t sell your long-term bags. The market is dipping and coins are coming down, but this is not a time to panic. This is a time to prepare. These dips may continue for 2 to 4 more days, and that’s completely normal after a strong move. What you should not do is buy anything out of FOMO. After such a long bearish trend, we are now in a long bullish phase, and now every dip brings a new opportunity.

If you’ve got funds and you’re looking to build your positions, the smart way to buy is in parts. Don’t throw all your money in at once. Keep some on the side so you can average in during any further drops. By the time the market turns green again, you’ll already be holding the right bags. Never go 100% in out of excitement — that’s not trading, that’s gambling.

I might be wrong — no one owns the market. All we can do is predict and plan. I’m just sharing what I see with a clean heart and sincere intention. Please, always do your own research before acting on anything. And if you're wondering which coins to buy, I’ve already shared my personal list in a pinned post. Many of those coins have already done 2X, and that’s because I bought them before the hype. I don’t run paid groups, I don’t need followers — I just want to see you win.
#RoughTraderPk #TradeLessons #TradeStories #Market_Update
Huey Zera w7u8:
Sabe muy bien que lo he leído más de una vez y se lo escribí textual. NO ha respondido porqué da miedo a los nuevos?. No le quito más tiempo, pobres seguidores.
3 to 50x these meme coins should be your redar on 2025💸{spot}(BONKUSDT) {future}(PENGUUSDT) {future}(POPCATUSDT) these meme #coins must be your redar on 2025 NOT FOR investment advisor 🚨 less risk more earnings ! 🚀 analysis and invest as per your risk ..🤔 1. dogecoin 3 to 5x 2. Shiba inu 5x 3. pepe 5x 4. britt 25x 5. toshi 10x 6. floki 10x 7. bonk 10x 8. pengu 25x 9. popcat 50x 10. mog 50x 11. dogwifhat 100x 12. spx6900 25x 13. turbo 14. peanut the squirrel 15x 15. just a chill guy 50x 16. trump coin 2x 17. fartcoin 6to7x these coins internet meme no use cases ,only hype hype by social median , but earning potential too high. all meme available to buy mostly cen or decen exchange . #memecoin🚀🚀🚀 #EarnMoney #TradingSignals #Market_Update #MarketSentimentToday Written by sabbir1139 Date:13/05/2025

3 to 50x these meme coins should be your redar on 2025💸

these meme #coins must be your redar on 2025

NOT FOR investment advisor 🚨

less risk more earnings ! 🚀

analysis and invest as per your risk ..🤔

1. dogecoin 3 to 5x
2. Shiba inu 5x
3. pepe 5x
4. britt 25x
5. toshi 10x
6. floki 10x
7. bonk 10x
8. pengu 25x
9. popcat 50x
10. mog 50x
11. dogwifhat 100x
12. spx6900 25x
13. turbo
14. peanut the squirrel 15x
15. just a chill guy 50x
16. trump coin 2x
17. fartcoin 6to7x

these coins internet meme no use cases ,only hype hype by social median , but earning potential too high.

all meme available to buy mostly cen or decen exchange .

#memecoin🚀🚀🚀 #EarnMoney #TradingSignals #Market_Update #MarketSentimentToday
Written by sabbir1139
Date:13/05/2025
SEC X Account Hack Update: Prosecutors Propose 2-Year Sentence for Hacker Eric Council JrUS prosecutors have recommended that a court sentence Eric Council Jr. to two years in prison for hacking the SEC X account. The SEC X account hack case is winding down, as US prosecutors have filed their sentencing recommendation against the defendant, Eric Council Jr. In response, the council objected to the recommendation, appealing for a lesser sentence after pleading guilty. Prosecutors Propose 2-Year Sentence for SEC X Account Hack U.S. prosecutors have requested that Judge Amy Berman sentence Eric Council Jr. for the SEC X account hack last year, a court filing shows. Prosecutors said the case merited a prison sentence within the guidelines and the council's conduct merited a "significant sentence". U.S. attorneys also noted that the defendant had profited through a "sophisticated fraud scheme" in which he forged identification documents and made a series of false statements to commit the crime. The council led the group that hacked the SEC's X account through a SIM swap attack and posted a false post on January 9, 2024 regarding the approval of spot Bitcoin ETFs. The action affected the market, as the price of Bitcoin increased after the false announcement. The commission subsequently removed the post and revealed that it had suffered a hack. The case officially began in October 2024, when US prosecutors indicted Eric Council Jr. for conspiracy to commit identity theft and device access fraud. Meanwhile, earlier this year, the Alabama native pleaded guilty to hacking the SEC X account. Eric Counsel objected to the sentencing recommendation. Attorneys for Eric Council have filed a sentencing memorandum objecting to prosecutors' recommendation of a 2-year sentence. Defense attorneys have requested that Judge Berman sentence their client to the maximum of one year and one day in prison following a guilty plea. As disclosed in a May 13 filing, the attorneys argued that a sentence of twelve months and one day would serve the best interests of justice. He added that the proposed sentence "adequately punishes" the defendant for his role in the SEC X account hack and that it promotes respect for the law and ensures deterrence. Eric’s counsel will learn his fate on May 16, which is his sentencing date. Meanwhile, it's worth noting that the hack happened under the Gensler-led administration, which adopted a regulatory enforcement approach to the crypto industry. However, the new administration has taken a more regulatory-friendly approach with new SEC chair Paul Atkins vowing to make the US the crypto capital of the world. #SEC #Hack #CryptoNewss #MarketSentimentToday #Market_Update

SEC X Account Hack Update: Prosecutors Propose 2-Year Sentence for Hacker Eric Council Jr

US prosecutors have recommended that a court sentence Eric Council Jr. to two years in prison for hacking the SEC X account.
The SEC X account hack case is winding down, as US prosecutors have filed their sentencing recommendation against the defendant, Eric Council Jr.

In response, the council objected to the recommendation, appealing for a lesser sentence after pleading guilty.
Prosecutors Propose 2-Year Sentence for SEC X Account Hack
U.S. prosecutors have requested that Judge Amy Berman sentence Eric Council Jr. for the SEC X account hack last year, a court filing shows.

Prosecutors said the case merited a prison sentence within the guidelines and the council's conduct merited a "significant sentence".
U.S. attorneys also noted that the defendant had profited through a "sophisticated fraud scheme" in which he forged identification documents and made a series of false statements to commit the crime.
The council led the group that hacked the SEC's X account through a SIM swap attack and posted a false post on January 9, 2024 regarding the approval of spot Bitcoin ETFs.

The action affected the market, as the price of Bitcoin increased after the false announcement. The commission subsequently removed the post and revealed that it had suffered a hack.
The case officially began in October 2024, when US prosecutors indicted Eric Council Jr. for conspiracy to commit identity theft and device access fraud. Meanwhile, earlier this year, the Alabama native pleaded guilty to hacking the SEC X account.
Eric Counsel objected to the sentencing recommendation.
Attorneys for Eric Council have filed a sentencing memorandum objecting to prosecutors' recommendation of a 2-year sentence.

Defense attorneys have requested that Judge Berman sentence their client to the maximum of one year and one day in prison following a guilty plea.
As disclosed in a May 13 filing, the attorneys argued that a sentence of twelve months and one day would serve the best interests of justice.

He added that the proposed sentence "adequately punishes" the defendant for his role in the SEC X account hack and that it promotes respect for the law and ensures deterrence. Eric’s counsel will learn his fate on May 16, which is his sentencing date.
Meanwhile, it's worth noting that the hack happened under the Gensler-led administration, which adopted a regulatory enforcement approach to the crypto industry.

However, the new administration has taken a more regulatory-friendly approach with new SEC chair Paul Atkins vowing to make the US the crypto capital of the world.

#SEC #Hack #CryptoNewss #MarketSentimentToday #Market_Update
Am-trader7
--
تصحيح بسيط قادم ، وهذا هو الطبيعي
إلا إذا كان لصانع السوق رأي آخر

🔴 أمّن صفقاتك على سعر الدخول في حال كنت على ربح
🟢 استغل اي نزول في أسعار العملات

نصيحة وليس أكثر ، التوفيق والصواب من الله

#btc #Market_Update
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