#btc BTC sell-off started earlier
A new report on the S&P Purchasing Managers' Index shows the US economy is red-hot, with output growing at its fastest pace in two years. That sent the dollar soaring as traders downgraded expectations for interest rate cuts, which could worsen the decline in risk assets. The S&P 500 broad market equity index fell 0.6% from its opening price.
One observer noted that the cryptocurrency's decline could be triggered by a large ETH sell order from trading firm Symbolic Capital Partner. Blockchain data shows the company sold 6,968 ETH worth $27.4 million within a minute

BNB bullish breakout sign suggests a 50.5% price increase to around $935.
The confirmed breakout signals the end of BNB's consolidation, suggesting a rally.
BNB is up 9.34% in 7 days, outperforming the market but lagging other Layer 1s.
A bullish flag is a continuation pattern that typically forms after a strong upward move, known as a flagpole. This pattern is characterized by a consolidation phase, during which the price moves within converging trend lines, creating a pennant-like triangle. During this period, BNB price formed lower highs and higher lows, suggesting a pause in the upward momentum.
This important aspect is that the breakout above the upper trendline of signal v#bnb is a bullish signal, indicating that the consolidation period is over and the uptrend is likely to continue. The breakout indicates renewed buying interest and possible acceleration in price movement

Ethereum ETF: Expected time to get the green light from the SEC
Bloomberg analyst predicts the potential time to launch an SEC-approved spot Ethereum ETF could take weeks to months.
Seyffart and colleague Eric Balchunas predict that at least VanEck's application will likely be approved on or before May 23, if the Securities and Exchange Commission (SEC) approves the funds.
S-1 approval is required for spot Ethereum ETFs to go live.
This approval process can take several weeks to several months to go through.
Predictions are that the SEC will likely approve at least VanEck's application on or before May 23 as this is the deadline for the Commission to decide.
Previously, the SEC was expected to reject these applications due to reports that they considered Ethereum a security.
The SEC has shown its willingness to approve these funds by asking Nasdaq, the Chicago Board Options Exchange (CBOE), and the New York Stock Exchange (NYSE) to update their filings.
Insiders say the SEC's response to these exchanges is a positive sign, suggesting that the regulator may be willing to approve these investment funds.
The SEC has indicated that it could approve both 19b-4 and S-1 filings simultaneously, as it did with spot Bitcoin ETFs, resulting in immediate go-live.
The difference now is that the SEC was in regular communication with issuers weeks before the Bitcoin ETF was approved
At the time of writing, Ethereum is trading around $3,700, up more than 3% in the past 24 hours, according to data from CoinMarketCap.

#MemeWatch2024 How does $BOME 's success fuel Sealana's growth?

The meme coin market has seen a resurgence, as investors actively seek opportunities in the sector, Solana's ecosystem has emerged as a hotspot, fueled by the The success of tokens like Book of Meme ($BOME ) recently reached an all-time high.

However, savvy investors are exploring alternative prospects, recognizing the potential of lesser-known tokens like Sealana ($SEAL) that are capitalizing on the momentum in the Solana ecosystem.

Sealana's presale attracted significant attention, nearly surpassing the $2 million mark. While Book of Meme's popularity has garnered widespread interest, other promising tokens such as Sealana ($SEAL) are seizing the opportunity to gain traction, bringing investors Diverse options in meme coin. space.

Let's see why this token could be the perfect addition to your portfolio.

#ENA/USDT What could be the ETH (ENA) price prediction based on technical analysis?
One analyst, Captain Faibik, tweeted with bullish sentiment on platform X that In ETHena (ENA), a breakout took place from a falling wedge pattern on the daily chart.

Looks promising for a +50% price increase in the short term.
Similarly, ENA's daily chart shows that it has risen sharply from support and sustained above the 20-day and 50-day EMAs, demonstrating near-term bullish strength.
Likewise, the MACD shows a bullish cross, with the ENA histogram bullish at 0.0330 and the RSI flashing at 67.39. It shows that the Ethena cryptocurrency has not lost momentum and could continue to move higher in future trading sessions.
Therefore, if the upside breakout is strong, the next target for ENA price could be to reach the above levels, such as $1.00 and $1.51.
Conversely, if the price declines and trades inside the pattern again, the bullish pattern implemented in ENA will lose its meaning and will be invalid.
Likewise, in this scenario, if the ETH cryptocurrency price fails to exceed the $0.80 level, it could also fall further.

#MemeWatch2024
Pepe is bullish, possibly recording a significant increase
Based on its recent price trajectory, Pepe (PEPE) may be preparing for a rally. For context, Pepe's price trajectory has had a positive year, having set a new price high in May 2024. PEPE has the potential to see a significant uptrend in the near term.

Notably, Pepe has been one of the most popular meme coins that has entered the top 25 token rankings on CoinMarketCap. With Pepe's 400% price increase since March, this token represents a good crypto investment option.

It is predicted that Pepe price may reach 0.00002 in May - June

#bnb #$Sandbox, an innovative decentralized game world and blockchain-based platform, announced a partnership with famous Thai blockchain company, Bitkub Blockchain Technology. This strategic alliance aims to expand the vision of Bitkub Metaverse, bringing users many great experiences. Integrating popular characters and diverse elements, users can establish a metaverse hub within The Sandbox platform.
What drives this collaboration?
This partnership marks an important step in digital engagement, combining Sandbox's cutting-edge blockchain game technology with Bitkub's renowned game solutions. The Alliance not only enhances the Metaverse experience, but also introduces a fresh perspective to the industry by integrating Bitkub's beloved characters. to deliver a more engaging and rich user experience.
Pannok Passakorn, CEO of Bitkub Blockchain Technology, shared his excitement, emphasizing the partnership's potential in reaching global users and enhancing a dynamic digital platform. He emphasized the importance of allowing users to explore blockchain, thereby contributing to innovation and economic growth in the blockchain ecosystem. .
Key benefits for users
Access a rich and diverse experience in the Bitkub Metaverse.
Opportunities for creativity and innovation in the dynamic digital space.
Enhance connectivity with a global user base through The Sandbox platform.
Economic empowerment through the discovery and use of blockchain.

Link to peach village #HOT