Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Market’s looking dangerous – watch this level

11 March 2025
in Crypto Updates
Reading Time: 5 mins read
0 0
A A
0
Home Crypto Updates
Share on FacebookShare on Twitter


Plus: The primary US state to carry Bitcoin… or not

GM. Crypto’s throwing us all types of fruits at the moment – some candy, some… questionable. We’ve sorted the nice bites from the compost pile.

😕 Utah is not prepared for BTC but.

🍋 Information drops: CZ’s suggestion to Elon Musk, new crypto rip-off tactic + extra

Earlier than we begin sipping on at the moment’s juice tho’, fast heads-up: no publication tomorrow 😢

Yeah, I do know, tragic. However don’t fear – we’ll return on Wednesday to ship your each day dose of crypto updates.

Okay, now again to our often scheduled programming… 🍊

Divider

🍍 Market taste at the moment

… 😐

Yeah… it’s tough out right here.

As 10xResearch identified (and your portfolio is prolly confirming), all main cryptos are trending downward:

Bitcoin’s buying and selling beneath each the 7-day and 30-day transferring averages → bearish;

Ethereum: copy-paste that → bearish;

Solana’s additionally taking place with the ship → bearish;

Ripple? You guessed it → bearish.

Arthur Hayes, co-founder of BitMEX, says Bitcoin is headed for a $78K retest. If that doesn’t maintain, $75K is subsequent. And if that help breaks too… issues would possibly get ugly.

That is cuz there’s a ton of choices open curiosity (OI) between $70K and $75K. If Bitcoin falls into this zone, all these merchants with choices contracts at these costs must react. That would set off large volatility and unpredictable market habits.

Now, hol’ up… ✋🤨🤚 wasn’t Friday’s White Home Crypto Summit presupposed to be bullish?

Yeah, it ended up being a type of “purchase the rumor, promote the information” conditions – hype constructed up earlier than the occasion, however when the precise bulletins dropped? Meh.

Listed below are some takeaways:

Trump reaffirmed his strategic Bitcoin reserve plan;

He promised to finish banking restrictions on crypto custody;

Stablecoin regulation is now a precedence;

FIFA’s president, Gianni Infantino, mentioned he desires to accomplice with crypto companies to create “FIFA Coin.”

And reactions had been everywhere.

Some referred to as it historic, because it’s the primary time crypto execs are getting this stage of communication with the US authorities.

Others thought it was underwhelming, ‘trigger most of what was mentioned wasn’t precisely information (apart from the FIFA bombshell).

And a few noticed it as a bunch of crypto execs attempting to remain on Trump’s good facet.

In the meantime, the larger image remains to be messy.

Proper now, traders are enjoying it secure as a result of the market’s nonetheless digesting Trump’s financial insurance policies (particularly his tariffs).

That’s why this week’s CPI (Client Value Index) and PPI (Producer Value Index) stories are a giant deal – these numbers will present how inflation is transferring, and extra importantly, they’ll give us clues about what the Fed would possibly do subsequent with rates of interest.

However hey, there would possibly nonetheless be some hopium left. Bitwise analysts famous that the US greenback has been weakening, which often results in a world improve in cash provide – a traditionally bullish sign for Bitcoin. If this pattern holds, we may see a crypto comeback within the months forward.

So yeah, short-term ache, however perhaps long-term Ws. Buckle up.

Divider

🧃 Sip of positive aspects

The BYDFi bonus stage is formally wrapped, however don’t get too comfortable – Uphold has entered the ring! 🥊

On prime of BitDegree’s $30K Season 7 Airdrop, Uphold is throwing in an additional 1,000 USDC.

The way to get in? Simple:

Do Missions, drag your mates into it → earn Bits → climb the leaderboard → lock in your spot.

The cash’s right here, the competitors’s on – you in? 😏

Divider

🥝 Memecoin harvest

These pumps make no sense, however neither does my life, so we trip 🎢

Knowledge as of 07:50 AM EST.

Try these memecoins and many extra right here.

Divider

Utah was this 🤏 near turning into a licensed crypto bro.

Lawmakers launched this invoice, HB230, aka Blockchain and Digital Innovation Amendments – and lemme inform ya, it was full of pro-crypto concepts:

No authorities interference in crypto funds. The invoice makes positive state and native governments cannot cease individuals from accepting digital property as cost or utilizing self-hosted and {hardware} wallets;

No pointless licenses for blockchain devs and stakers. If you wish to run a node, construct blockchain software program, transfer crypto round, or stake, you are able to do it freely – no cash transmitter license wanted;

Safety for crypto miners. Native governments cannot randomly shut down mining companies in industrial areas simply because they had been “too loud” (so long as they adopted customary industrial guidelines);

And the most important one: Utah’s state treasurer would’ve been allowed to take a position as much as 5% of public funds into Bitcoin and different digital property.

And at the moment, women and gents, this invoice handed the state Senate.

Soooo… did Utah make historical past as the primary US state with a Bitcoin reserve?

Earlier than the vote, the Bitcoin reserve half acquired REMOVED.

Lawmakers mainly mentioned everybody felt it was too early for the federal government to leap into Bitcoin with public cash.

So yeah, Utah fumbled the bag. However the race for the primary US state with a strategic Bitcoin reserve remains to be very on.

Who’s gonna cross the end line first?.. Properly, Arizona and Texas – the ball’s in your courtroom now.

Now you are within the know. However take into consideration your mates – they in all probability do not know. I ponder who may repair that… 😃🫵

Unfold the phrase and be the hero you might be!

Divider

🍋 Information drops

🚫 CZ desires Elon Musk to take away bots from X. He’s cool with AI-generated posts so long as people hit the ship button, however automated posting? Onerous cross.

⚠️ An Ethereum dev says the Sepolia testnet’s Pectra improve bumped into errors, made worse by an attacker mining empty blocks. The difficulty: the deposit contract despatched a switch occasion as a substitute of a deposit.

🪶 Robinhood agreed to pay $29.75M to FINRA to settle some compliance points. They didn’t admit to doing something unsuitable – however they’re additionally not combating it.

🚨 Crypto scammers are utilizing pretend information and authorities figures to prey on commerce struggle fears. One scheme, CanCap, faked a Justin Trudeau endorsement with a pretend CBC article.

Divider

🍌 Juicy memes



Source link

Tags: dangerouslevelMarketsWatch
Previous Post

ETF Weekly Recap: Four Consecutive Weeks of Outflows for Bitcoin ETFs With Another $799M Exit – Crypto News Bitcoin News

Next Post

What Will The White House Do With The Cryptocurrency Market This Week

Related Posts

Robinhood Kickstarts US Stocks in Europe with Crypto: Will On-Chain Adoption Skyrocket?
Crypto Updates

Robinhood Kickstarts US Stocks in Europe with Crypto: Will On-Chain Adoption Skyrocket?

1 July 2025
Supreme Court Rejects Crypto Privacy Case Against IRS
Crypto Updates

Supreme Court Rejects Crypto Privacy Case Against IRS

1 July 2025
XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model – Featured Bitcoin News
Crypto Updates

XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model – Featured Bitcoin News

1 July 2025
Crypto.com Vs. Coinbase: Fees, Features, and More Compared
Crypto Updates

Crypto.com Vs. Coinbase: Fees, Features, and More Compared

30 June 2025
ETF Expert Says Ripple Closing This Chapter Clears The Way For XRP ETF, BlackRock To Join The Race? | Bitcoinist.com
Crypto Updates

ETF Expert Says Ripple Closing This Chapter Clears The Way For XRP ETF, BlackRock To Join The Race? | Bitcoinist.com

30 June 2025
Tokenized Stocks Mania: Two Mega Crypto Exchanges Enter the Space Nearly 2 Hours Apart
Crypto Updates

Tokenized Stocks Mania: Two Mega Crypto Exchanges Enter the Space Nearly 2 Hours Apart

1 July 2025
Next Post
What Will The White House Do With The Cryptocurrency Market This Week

What Will The White House Do With The Cryptocurrency Market This Week

Study: Which Countries Trade the Most Crypto?

Study: Which Countries Trade the Most Crypto?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
The Blockchain Group Confirms Acquisition of 60 BTC, Total Holdings Reach 1,788 BTC – News Bytes Bitcoin News

The Blockchain Group Confirms Acquisition of 60 BTC, Total Holdings Reach 1,788 BTC – News Bytes Bitcoin News

1 July 2025
Robinhood Kickstarts US Stocks in Europe with Crypto: Will On-Chain Adoption Skyrocket?

Robinhood Kickstarts US Stocks in Europe with Crypto: Will On-Chain Adoption Skyrocket?

1 July 2025
Penis envy? 35-foot appendage at UK heritage site was almost covered up

Penis envy? 35-foot appendage at UK heritage site was almost covered up

1 July 2025
Feds Charge Man With $1.7M Scheme to Convert Fake Checks Into Bitcoin – Decrypt

Feds Charge Man With $1.7M Scheme to Convert Fake Checks Into Bitcoin – Decrypt

1 July 2025
Circle Proposed to Launch Federally Regulated Trust Bank

Circle Proposed to Launch Federally Regulated Trust Bank

1 July 2025
Supreme Court Rejects Crypto Privacy Case Against IRS

Supreme Court Rejects Crypto Privacy Case Against IRS

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$106,581.00-0.70%
  • ethereumEthereum(ETH)$2,430.25-1.22%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.200.47%
  • binancecoinBNB(BNB)$649.14-0.64%
  • solanaSolana(SOL)$147.97-2.45%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.2788960.64%
  • dogecoinDogecoin(DOGE)$0.159494-3.06%
  • staked-etherLido Staked Ether(STETH)$2,430.09-1.22%