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- Merit Circle, a blockchain gaming guild, has a new initiative. - They #plan to allocate 11.8% of their total #token supply (75 million MC tokens). - The allocation is for #operating Beam #mainnet nodes and grants for games and publishers. - They also propose using 2.7 million #USDC from MC DAO treasury. - The purpose is development of Beam and certain ecosystem products. - Any unused funds will be returned to MC DAO. - A $200,000 recommendation for liquidity provision on Beam's AMM platform is included. $BTC $ETH $BNB

- Merit Circle, a blockchain gaming guild, has a new initiative.

- They #plan to allocate 11.8% of their total #token supply (75 million MC tokens).

- The allocation is for #operating Beam #mainnet nodes and grants for games and publishers.

- They also propose using 2.7 million #USDC from MC DAO treasury.

- The purpose is development of Beam and certain ecosystem products.

- Any unused funds will be returned to MC DAO.

- A $200,000 recommendation for liquidity provision on Beam's AMM platform is included.

$BTC $ETH $BNB

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He Turned $53k Into $48 Million On GME
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Semler Scientific, a Nasdaq-listed medical device manufacturer, has significantly expanded its Bitcoin holdings with its latest acquisition. This purchase increases the firm's total Bitcoin assets to 828 BTC. Additionally, Semler Scientific has announced plans for an additional $150 million investment in Bitcoin. $BTC #Semler #BTC #Bitcoin
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$#PYTH/USDT Price Analysis #### Falling Wedge Pattern Breakdown - **Chart Pattern:** A falling wedge pattern has been identified, indicating a potential bullish reversal. - **Breakout:** The price has successfully broken out of the descending resistance of the wedge. - **Retest:** The breakout was followed by a retest, confirming the validity of the breakout. #### Key Levels to Watch - **Support Zone:** $0.380 - $0.400 - **Resistance Levels:** - $0.500 (Intermediate resistance) - $0.577 - $0.863 (Maximum expected price target) #### Volume Analysis - **Volume Profile:** The volume has shown an increase around the breakout point, adding confidence to the bullish outlook. #### Expected Movement - **Bullish Wave:** Following the breakout and successful retest, a bullish wave is expected to propel the price towards the resistance levels. - **Price Targets:** - **First Target:** $0.500 - **Second Target:** $0.577 - **Final Target:** $0.863 $PYTH #PYTHUSDT #PythNetwork #Pyth #PYTH/USDT.
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A potential bullish breakout from a falling wedge pattern for the SUN/USDT pair. Here’s a more detailed analysis based on the chart: 1. **Falling Wedge Pattern**: This is a bullish reversal pattern, often signaling a potential trend change from a downtrend to an uptrend. The pattern is identified by converging trend lines that slope downward. 2. **Breakout Point**: The chart shows a breakout above the upper resistance trend line of the wedge, which is marked by a dashed line. This breakout suggests the end of the downtrend and the beginning of a potential upward movement. 3. **Resistance and Support Zones**: - **Support Zone**: Marked near the 0.0123 USDT level, this area has acted as a price floor, preventing further decline. - **Resistance Zone**: Located around the 0.0175 USDT level, this is the target area where price might face selling pressure. 4. **Volume Profile**: The visible volume on the right side of the chart indicates where most trading activity has occurred. Increased volume near the breakout point can be a strong confirmation of the bullish move. 5. **Moving Average (MA 50)**: The 50-period moving average is shown and might act as a dynamic support or resistance level. In this case, it seems to be slightly above the current price, indicating potential resistance. 6. **Target Price**: Based on the breakout and the chart’s projection, a potential target is the resistance zone around 0.0175 USDT. This aligns with the measured move technique often used in wedge patterns, where the price could rise by the same height as the broadest part of the wedge. ### Strategy Considerations: - **Entry Point**: Consider entering a long position at or just above the breakout level, ensuring confirmation of the breakout with sustained volume. - **Stop Loss**: A stop loss could be placed below the breakout point or below the recent swing low to manage risk. - **Take Profit**: The initial take profit target could be set near the resistance zone around 0.0175 USDT. #SUNUSDT #SUN #SunNetwork $SUN
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💰 Base overtakes OP Mainnet in TVL, becoming largest Layer 2 network in OP Stack-based ‘Superchain’. The total value locked in the Layer 2 network #Base stands at $1.7 billion, a 20% increase since the start of May. @Crypto PM $OP #Optimism #Layer2 #Network #mainnet
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