$BSW is currently consolidating sideways within a support and resistance range. It is expected to break out of this zone and continue its bullish momentum. The previous swing high will be tested. We can consider entering a long position when the price breaks out above the $0.0900 level.
$Solana is in an uptrend on the higher timeframe (HTF), which creates a potential bullish trade setup on the lower timeframe (LTF). The price has broken out and retested the previous swing high. Currently, the price is bouncing back from the support zone and is now expected to form a new swing high.
$LUNC is currently forming a structure of higher highs (HHs) and higher lows (HLs) while finding support over a support zone. It is advisable to wait for the price to break out of the $0.000121 level before considering a long position. This breakout would indicate the continuation of the bullish momentum, potentially leading to a test of the previous swing high.
Sam Trabucco finally came out and submitted a character reference letter to request a reduced sentence for Ryan Salame, who will be sentenced on May 28 in the FTX case.
Sam Trabucco was CEO of Alameda and left shortly before the company collapsed. However, Sam Trabucco was not charged with any crime and is now writing to the judge to ask for a reduced sentence for his former colleague. It was clear to Thuan that Trabucco was the one who provided information to the FBI, handing over evidence against SBF in exchange for immunity from responsibility.
Congressman 🇺🇸 Thomas Massie introduces the "Federal Reserve Board Abolition Act," calling for the complete abolition of the Board of Governors and all Federal Reserve banks within one year 👀
The bill says that Americans are suffering from severe inflation and that the Fed is the main cause. The FED has printed trillions of dollars and devalued the dollar, if we want to end inflation we must end the FED.
JP Morgan estimates the cost of mining Bitcoin at around 42-45K USD.
At the current price of 65K USD, mining companies are still profitable.
When will BTC price PUMP? When many people started asking: everyone thought BTC price would PUMP after halving, maybe this time it will be different...
If you've been in this market long enough, you'll know that Bitcoin always surprises us.
$ICP is going up and hitting new highs, while also finding support above the 200EMA. Right now, the price is correcting, but it's expected to break out of the trendline soon. If it breaks the $14 level, it could be a good opportunity to enter a long position. It's anticipated that the price will then test the previous swing high.
NEWS: 🇺🇸 Spot #BitcoinETFs Positive inflows with $303M (15-05-024)
#Grayscale saw +$27M Inflow Total Value Traded: $3 Billion (As of 15th May) Total Net Assets ~$55 Billion in 🇺🇸 Spot ETFs #BlackRock saw Zero Inflow/Outflow
$DOGE is going up and hitting new highs while finding support over a 200EMA. The price is currently in correction phase but expected to break out of the trendline soon. We can enter a long position when it breaks the $0.16074 level. The price is expected to test the current swing high.
Wholesale inflation (PPI) rose 0.5% in April, higher than expected.
Fed Chairman Powell said today: "I don't see (the PPI) as hot, I call the result mixed...
We don't expect this to be a smooth road. But these inflation numbers were higher than I think anyone expected... That told us that we needed to be patient and let the restrictions work.”
The Fed still tends not to raise interest rates further despite rising inflation.