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#S&P 500 ANALYSIS The S&P 500 has continued its bullish momentum following the channel and horizontal resistance breakout. With increasing bullish volume and consecutive bullish candle closes, the index is displaying strong momentum. This suggests a likelihood of further bullish movement. Additionally, this trend bodes well for the crypto market, as it typically exhibits a direct correlation with stock market performance. #TrendingTopic #Write2Earn

#S&P 500 ANALYSIS

The S&P 500 has continued its bullish momentum following the channel and horizontal resistance breakout. With increasing bullish volume and consecutive bullish candle closes, the index is displaying strong momentum.

This suggests a likelihood of further bullish movement. Additionally, this trend bodes well for the crypto market, as it typically exhibits a direct correlation with stock market performance.

#TrendingTopic #Write2Earn

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Long-term vs Short-term Investment Strategies
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💰 Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of this amount comprised of BTC long positions. 💰 Ripple acquires NYDFS-regulated custodian Standard Custody According to a June 11 statement, Ripple has completed the acquisition of Standard Custody & Trust Company, a licensed digital asset custodian. Ripple said the acquisition brings a New York Department of Financial Services (NYDFS)-regulated trust company into its portfolio, further bolstering the number of licenses it has received in several countries, such as the US and Singapore. 📊 Crypto on ‘slow and steady’ pace to mainstream adoption – Canaccord Genuity Mainstream adoption of digital assets has been steadily increasing, driven by significant regulatory advancements and rising institutional interest, according to Canaccord Genuity research. According to Canaccord’s research report, the mainstream adoption of digital assets is anticipated to continue driving growth in the sector, with Galaxy Digital well-positioned to capitalize on these evolving trends. 💰 Polygon community treasury announces grants program for builders, initially distributing 35 million MATIC A Polygon community treasury has announced a long-term plan to spur development on the blockchain that involves unlocking 1 billion tokens over a decade. "After community consensus, the Community Treasury has been created, with 1 billion POL unlocked over 10 years, with [approximately] 100 million POL per year, all for builders," the treasury said in an announcement. POL is set to become Polygon's native token, replacing MATIC eventually. $ETH $MATIC $XRP
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#BTC 📊 🧐And so, bitcoin has been falling non-stop for the whole day, thus hitting a part of the lower liquidity pool, but not to the end, we have one more low, which was formed by eql, frankly speaking, I would like to see one more muve down, and then the long-awaited growth. Also, if we look at additional factors, there were purchases throughout the growth, but they were quickly knocked out, so the fact that now we see a correction, I think that it will not last long, and soon a big player will come again☔️ $BTC #DYOR
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📶 #ARB paints us a very negative picture Today let's look at the 1D Arbitrum timeframe. This global situation looks quite negative 📉 The price movement has been going above the key support level of ~$0.95 for many months now. Below is the support level at the local lows, the ~$0.77 Globally, we see the formation of a bearish "head and shoulders" "cushioning" pattern in the form of a bearish "head and shoulders" pattern. There is also a bearish flag pattern 🐻 within the right shoulder of the formation. The situation looks very bearish, which makes me very uncomfortable. A "squeeze" with this high should work out into the negatives altogether. I don't think it will all work out to refresh the lows ⚠️ $ARB #DYOR
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BTC update 67k has been broken. However, the demand remains strong. Basically: -Reclaim of 67k = bullish -Acceptance below 67k = 65k, which is another strong support Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would be a deviation. Just wait and see.$BTC $ETH $BNB #DYOR
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