🤯A Grand Alliance in the Making? Trump & Musk Joining Forces - Sparks Set to Fly! 🌠💼
Hold onto your hats, because we’ve got an exciting update from the spheres of politics and technology we’re sure you didn’t see coming! 🚀🎆
Former President Donald Trump and tech titan Elon Musk seem to be striking up quite the friendship! 🇺🇸🤝🚗🛰️
In simpler words, if Trump comes back to the big chair in the White House, he's thinking about having Musk as his advisor. 🏛️💡
This means we might see some massive changes in the way we deal with technology, the environment, space exploration, and electric vehicles. We’re pretty sure this dynamic duo could change the game entirely! 🌍🍃🌌⚡️
So, folks, let's keep our eyes peeled for more twists and turns in this interesting narrative! 👀📰
Source : WSJ

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2 cryptocurrencies to reach $1 billion market cap in the first half of 2024
🔸 Synthetix (SNX)
Synthetix is a decentralized protocol on Ethereum (ETH) for issuing and trading synthetic assets. It addresses liquidity and slippage issues in decentralized exchanges (DEX), supporting synthetic fiat currencies, cryptocurrencies, and commodities.
Currently, Synthetix is trading at $2.93 with a market cap of $959,783,821. Given its proximity to the $1 billion mark, it only needs a modest increase in market capitalization to reach this milestone.
Recently, Synthetix has seen a massive surge in trading activity, with derivatives trading volume advancing by 208% over the past few days. This increase in trading volume has led to a 17.1% rise in open interest, now totaling $27 million.
The price of SNX is trading between the 50-day and 200-day EMAs, indicating uncertainty. However, the MACD line has advanced to a bullish trajectory, and the relative strength index (RSI) has risen above the 50 level, currently at 62.02, signaling bullish momentum.
🔸 Notcoin (NOT)
Notcoin (NOT) was initially introduced as a reward token for a Telegram game designed to onboard users to The Open Network (TON). Its unique application in the gaming world has garnered significant interest, contributing to its growth potential.
Currently trading at $0.00949 with a market cap of $957,457,791, Notcoin recently experienced a 115% rally from May 24 to May 28, facing resistance at $0.0099.The RSI remained above the neutral 50 level, indicating bullish momentum. Fibonacci retracement levels show $0.0072 and $0.0066 as important support levels, with a rally towards $0.0112 and $0.0132 being more likely.
Notcoin’s strong performance and growing market cap suggest it is well-positioned to reach the $1 billion milestone soon. Key levels to watch include resistance at $0.010 and support at $0.0048 and $0.0051.
Notcoin’s market performance and strategic use in gaming position it to attract further investment. This could propel it past the $1 billion market cap in the first half of 2024.

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### 🚨 Major Market Event Tomorrow: Brace for Impact! 🚨
What's Coming?
- **US GDP**
- **Jobless Claims**
## Expect the Unexpected!
In the current market climate:
**Bad Data = Good News**
But tomorrow, traders should focus on:
**GOOD DATA = GOOD NEWS** for GDP
**BAD DATA = GOOD NEWS** for jobless claims
### Why the Shift?
Rate cuts are on the horizon. Here's why it matters:
- **If GDP Data is Bad:** Rate cuts plus lower GDP can lead to a liquidity trap, signaling deflation—a more serious threat than inflation.
- **High GDP & More Jobless Claims:** This combination validates bullish momentum.
Both reports drop at **5:30 PM**.
### Market Strategy:
Today will be volatile in anticipation of tomorrow’s data, leading to **NO CLEAR TREND**.
- **Avoid futures until post-event stability.**
- **Stay neutral and manage risks carefully.**
Understanding macro and global market dynamics is crucial. But don't worry, we simplify everything for you.
### You’re in Good Hands!
You’ve subscribed to the best source for market insights. Stay tuned for updates

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🚨Reminder:
🇺🇸Today, US stock markets will be closed due to Memorial Day.
📣Today Floki ( #FLOKI ) will make an announcement.
📣Today, Solana ( #SOL ) will release the v1.18 update.

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## Crypto Thoughts for the Coming Week
**Heads up!** Tomorrow (5/27) is a bank holiday in the US & UK 🇺🇸🇬🇧, meaning stock exchanges are closed (expect lower trading volume ).
**Early News:** BOJ Governor Ueda speaks tomorrow, but likely won't impact crypto much in the short term ️. Still, Japan's a huge economy and crypto market 🇯🇵, so keep his policies on your radar .
**My Take:** Expect a quiet start to the week for crypto. No major moves until Thursday/Friday, when we get key US economic news . The big one: PCE on Friday (could be a snoozefest till then ).
**ETH ETF Watch :** If S-1 approvals happen this week, things could get spicy (needed for ETFs to actually trade, but approvals could take weeks more ⏳).
**BTC Price Prediction :** Highly unlikely we see BTC test new highs this week . Expect it to stay between $66.5k-$70.5k until late Thursday/Friday (think sideways movement ➡️⬅️).
**Altcoin Alert! :** Some tokens that pumped recently ($ENA, $BB, etc.) might see corrections soon . **Not** saying to sell, short, or close positions, but avoid FOMO-ing into long leverage at current prices (be patient! ).
**Overall:** Mostly sideways movement for major coins this week ➡️⬅️. But keep an eye out for pump and dumps in low circulating supply projects .
**Short-term Traders 🩳:** The trend is your friend! But right now, there isn't one (mostly sideways). Don't force bad entries, be patient and wait for good ones. That's the key to success!

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