#GOLD_UPDATE #XAUUSD Trade 15-minute timeframe, a resistance structure breakout has occurred, triggering a buy entry at 2393. Set stop loss at 2388 and take profit at the following levels:
Here are some other recent crypto news Friday ( 5th July )
XRP flashes buy signal for $0.50 as whales and notable investors buy the dip- Grayscale reveals spot Ethereum ETF listing can attract 25% US voters to ETH investing- Bitwise CIO Matt Hougan says Ethereum cycle incoming and outlines two massive tailwinds for ETH- Dogecoin regains $0.1 support despite whales dumping 500M DOGE- Analyst warns investors about Bitcoin’s potential decline
Here are some exciting crypto news from Yersterday Friday ( 5th July)
- UK crypto advocates want clear crypto policy after Labour win - Up to 99% of Mt. Gox’s $8.2 billion Bitcoin could be sold: Analyst - Bitcoin drops to $55,000 after Mt. Gox moves $2.7 billion from cold storage
"🚨Coinbase Takes Legal Action Against SEC and FDIC
The cryptocurrency exchange is suing the regulatory bodies for allegedly trying to stifle the growth of the digital asset market and marginalize its participation in the banking system.
- A dormant Bitcoin miner from 2008 has surprisingly resumed activity, transferring 50 BTC to Binance.
- Reuters reports that Ethereum ETF trading may commence on July 4th, but this news has had a minimal impact on ETH's price.
- Bitcoin ETF has seen a modest increase of $21 million for the second consecutive day, but the market price remains below $61,000.
- Turkey has introduced stringent crypto regulations, granting the state control over transactions and imposing hefty fines (up to $182,600) and imprisonment (3-5 years) for unlicensed operations. Crypto fraud carries a severe penalty of 14-22 years in prison.
- Marathon, a mining company, has announced its entry into Kaspa mining.
- Top performers in the last 24 hours include Kaspa (up 6.85%), Maker (up 6.82%), and Injective (up 3.32%)."
4. Asset management firm VanEck announced a temporary fee waiver for its Ethereum ETF until 2025.
5. InvestCorp launched a innovative fund focused on tokenizing real-world assets.
6. Binance received the coveted Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA), expanding its regulatory compliance."
- Bitcoin ETFs see small inflow of $31 million after 7 days of sell-offs - WIF whale buys additional $4.65 million worth of Dogecoin, bringing total holdings to $49.6 million - Hackers compromise Metallica's Twitter account to promote fake METAL token, which subsequently crashes - Nubank, a Brazilian neobank backed by Berkshire Hathaway, to offer Lightning Network payments to its 100 million customers.
Traders are bullish on Bitcoin as its daily RSI enters the oversold zone, a trend that has historically led to significant price increases (60%, 63%, and 196% in previous instances). To realize this potential, Bitcoin needs to consolidate above $62,000 and then $64,000