🆘 What happened in Crypto in the last 12h? 🆘

• Trump signed the “Reciprocal Trade and Tariffs” executive orders, directing a global tariff review. Commerce Secretary Howard Lutnick aims to complete it by April 1.

• GameStop $GME is reportedly considering investing in Bitcoin, a cryptocurrency. GameStop reported $4.6B in cash on its balance sheet at the end of the third quarter, so it may have some significant buying power.

• $BNB - For the community that wants memecoin, CZ has shared a picture and name of his dog, Broccoli. Numerous $Broccoli coins were created, and $BNB began to drop, along with BNB Eco, which also dropped slightly.

• $WLFI - Trump's WLFI purchased an additional 2,527,257 $MOVE (~$1.41M) and 52 $WBTC (~$5M).

• $XRP $DOGE - The U.S. Securities and Exchange Commission has confirmed the receipt of Grayscale’s amendment to the Spot $XRP, $DOGE ETF application.

• The US PPI for January increased by 3.5% YoY, exceeding market expectations of 3.2%.

• $JUP - Jupiter has announced that the buyback it announced in January will start next week. 50% of all protocol fees are used to purchase $JUP and lock it for 3 years.

• Coinbase's Q4 revenue was predicted to be around $1.9B, but the company beat expectations by a wide margin, reporting $2.3B, up 88% QoQ.

• $SEA - The OpenSea Foundation has announced that $SEA is coming. No specific timeline has been announced yet.

• $DOOD - Doodles announced that it will launch its official token $DOOD on Solana and that 68% of the tokens will be allocated to the community.

BREAKING: GameStop stock, $GME, soars as much as +20% on news that the company is considering investing in Bitcoin and other cryptocurrencies.

#Bitcoin & #Ethereum Quarterly returns:

Now I can only hope for a bullish Q2 🥲

🔔 Binance Releases List Of New Binance Alpha Coins.

These projects include ONDO (a real-world asset protocol), MORPHO (a lending protocol), AERO (Aerodrome, a decentralized exchange), VIRTUAL (Virtuals Protocol, an AI token launcher), KMNO (Kamino Finance, a Solana DeFi project), and GPS (GoPlus Security).

🔔 CZ May Launch His Dog Memecoin Soon.

CZ recently asked his X followers on how to launch his Dog memecoin. After getting suggestions CZ posted ""Will mull it over for a day or so, as usual for big decisions. Respect his privacy, or dox the dog for the cause? Oh well, might even interact with a couple of the memes on BNB Chain."

▶️ Check More Details Here:
https://x.com/cz_binance/status/1889746299068555519

Current Price: The current price of CAKE/USDT is $2.907, which is up by 37.45% from the previous value.

24-Hour Range: The 24-hour high is $3.416, and the 24-hour low is $2.062, indicating significant volatility.

Volume: The 24-hour trading volume is quite high with 122.19M CAKE and 329.87M USDT, which suggests strong market activity.

Moving Averages (MA):
The 7-day MA is $2.982, which is slightly above the current price, suggesting a short-term bearish trend.
The 25-day MA is $2.950, also above the current price, reinforcing the short-term bearish sentiment.
The 99-day MA is $2.706, which is below the current price, indicating a longer-term bullish trend.

Technical Indicators:
The chart shows a potential support level around $2.816, as the price seems to be bouncing off this level.
The price has recently peaked at $3.416 before pulling back, which might indicate a resistance level.

Volume Analysis: The volume has spiked significantly recently, which often accompanies price movements. This could suggest either a continuation of the upward trend or a potential reversal if the market sentiment changes.

Trend Analysis: The price has been in an uptrend, but there's a noticeable pullback after hitting the recent high. The moving averages (MA(7) and MA(25)) being above the current price suggest that there might be some resistance to further upward movement in the short term.

Future Outlook: Given the recent pullback after a sharp rise, it might be prudent to watch for consolidation or a potential retest of the support at $2.816 before deciding on the next move. The high volume indicates interest, but caution is advised due to the volatility.

$CAKE

🔥 BULLISH: #Bitcoin whale inflows to exchanges near a 5-year high, historical trends suggest a $BTC bull run could be on the horizon.

$BTC

Price Analysis:
Current Price: 708.93 USDT
Change: +9.52% (indicating a strong upward movement in the last period)
24h High: 725.00 USDT
24h Low: 633.25 USDT
24h Volume: 1.17M BNB, which equates to 809.89M USDT (high volume indicates strong trading activity)

Moving Averages:
MA(7): 708.14
MA(25): 706.65
MA(99): 688.50

The current price is slightly above both the 7-day and 25-day moving averages, suggesting a bullish trend in the short to medium term. It's also well above the 99-day moving average, reinforcing the bullish sentiment.

Trend Analysis:
The price has shown an upward trend since the beginning of the chart's timeframe, with some volatility but overall upward momentum.
The price is currently near the 24-hour high, indicating recent bullish pressure.

Volume Analysis:
There's a noticeable spike in volume around the 13th of February, which corresponds with a peak in price, suggesting a buying frenzy or significant market interest at that time.
The volume has decreased slightly towards the end of the chart but remains substantial.

Technical Indicators:
RSI (Relative Strength Index): Not shown in detail but implied by the general market behavior. Given the +9.52% change, RSI might be in the overbought territory, which could suggest a potential pullback or consolidation soon.
MACD (Moving Average Convergence Divergence): Not detailed in the chart but typically used with moving averages to identify momentum changes. The positive trend in price suggests a bullish MACD.

Bullish Trend: The price is above key moving averages, and there's been a significant increase in price with high volume, indicating strong buying interest.
Potential Overbought Condition: Given the rapid rise, there might be a risk of a short-term correction or consolidation. Watch for signs like a decrease in volume or a bearish divergence in indicators like RSI or MACD if available.
Support Levels: If there's a pullback, the MA(7) at 708.14 and MA(25) at 706.65 could act as support levels. The 24-hour low at 633.25 is a more significant support level to watch.

$BNB

Binance Earn Introduces Lista BNB Staking on On-Chain Yields

https://www.binance.com/en/support/announcement/c671ce1ccbc743b79d4bbb65231d6824

🆘 What happened in Crypto in the last 12h? 🆘

• Trump agreed to begin negotiations to end the war in Ukraine in a phone call with Putin. The Russian coin, $WAVES, rose significantly on the news and the market as a whole began to rebound. Possible end-of-war scenarios may be presented at the Munich Security Conference on Feb 14-16.

• Trump said of the reciprocal tariff announcement that he will sign it today or tomorrow.

• $BNB - The rally for BNB Chain that started with CZ starting to exert its influence on BNB Chain is getting bigger. Solana players are saying they're moving to BNB Chain, CZ is starting to show interest in memecoin, and BNB Dex projects are getting more attention. $CAKE $BAKE $BSW $ALPACA $DODO $BNX

• The U.S. Department of Labor reported that the CPI for January increased by 3.0% YoY, surpassing market expectations of 2.9%. The bad CPI data caused the crypto markets to drop significantly, but bounced back.

• $ETH $LDO - Cboe files 19b-4 seeking SEC approval of staking in 21Shares Core Ethereum ETF

• $SOL - Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has launched its US Government Money Fund (FOBXX) on Solana.

• $BTC - The National Bank of Canada has made a significant investment by purchasing Bitcoin ETFs valued at $2M.

• CZ interacted with users on Twitter and hinted at the possibility of launching his own dog meme coin.

Binance Earn: Enjoy Up To 8.5% APR with USDC Simple Earn Products!

https://www.binance.com/en/support/announcement/8eee4ee4e509468eb6fbd6a07473646c

🇺🇸 LATEST: Lawmakers in 21 U.S. states are currently discussing bills on establishing a strategic Bitcoin reserve, with Utah leading the way.

If approved by the Senate, the law could take effect as early as May 7.

🚩 Upcoming events

🔖 Thursday, 13th February

GBP: GDP (QoQ) (Q4) - 2025-02-13 07:00
GBP: GDP (MoM) (Dec) - 2025-02-13 07:00
GBP: GDP (YoY) (Q4) - 2025-02-13 07:00
EUR: German CPI (MoM) (Jan) - 2025-02-13 07:00
USD: Initial Jobless Claims - 2025-02-13 13:30
USD: PPI (MoM) (Jan) - 2025-02-13 13:30
USD: 30-Year Bond Auction - 2025-02-13 18:00

#UpcomingEvent #calendar

ETH/BTC IS ABOUT TO BREAKOUT!

⚡ Jerome Powell (Chairman of #FED ):

✔ I have no intention of resigning if Donald Trump demands it.
✔ There is no need to rush to change the interest rate.
✔ Our main goal: inflation = 2%.
✔ I will make appropriate discrete adjustments to the Fed's operating system.
✔ The Fed was confident that inflation in 2021 would be temporary.
✔ In hindsight, we could have rolled back #QE (stopped the printing press) earlier.
❗️ The Fed may have to change the interest rate due to new US trade policy.
✔ For now, we want to maintain the Fed's restrictive monetary policy.
✔ Today's US macroeconomic data shows that the fight against inflation is not over.
❗️ The Fed will not prohibit banks from serving crypto clients.
✔ Banks need to ensure proper risk assessment when dealing with the crypto industry.

J. Powell testifies to the House of Representatives on the monetary policy.

🆘 What happened in Crypto in the last 12h? 🆘

• $SOL - The SEC officially acknowledged the following Spot Solana ETF applications: Canary, VanEck, Bitwise, and 21Shares Solana ETFs

• $BTC - According to #Dennis_Porter_ of the Satoshi Action Fund, a bill to establish a “Strategic Bitcoin Reserve” has passed out of committee in Oklahoma.

• Fed Chairman Powell has said that the Fed will only use quantitative easing when interest rates are at zero.

• Since the listing of $TST on Binance, which CZ mentioned, BNB Chain Projects have been performing relatively strongly despite the bad market conditions. Notably, $BNX, which incubated Four.meme, has more than 4X since Four.meme's test coin $TST was mentioned. $BNB $CAKE $LISTA $BNX

• $WLFI $ONDO - Trump's WLFI announced a collaboration with Ondo Finance aimed at accelerating the adoption of RWA tokenization.

• $ETH $MOVE - Trump's WLFI bought 1,917 $ETH (~$5M) and 830,469 $MOVE (~$470K) again.

• $BNB - The BNB chain has released its 2025 technology roadmap, with key goals of improving transaction speed, reducing gas costs, integrating AI, and upgrading tools.

• $UNI - Uniswap has announced the launch of its own L2 “Unichain”.