🔰🔰#SOL/USDT - A potential Head & Shoulders pattern appears to be forming here.
A confirmed breakdown below the neckline would strengthen the bearish setup and could signal further downside.
A confirmed breakdown below the neckline would strengthen the bearish setup and could signal further downside.
Chinese Yuan hits strongest level against US dollar in over 3 years 🇨🇳🇺🇸
🚨 White House Official Patrick Witt: Democrats blocked a vote on the Crypto Clarity Act before summer recess. "If they can't get there by September 15, they never will."
🔥MASSIVE:
🇺🇸 Fed will pump $5,179,000,000 into the markets next week.
🇺🇸 Fed will pump $5,179,000,000 into the markets next week.
🇨🇳 China’s central bank added 20 tonnes of gold in July, its largest monthly purchase since October 2023.
China has now increased its gold reserves for 21 consecutive months, bringing total holdings to a record 2,366 tonnes.
China is also reportedly moving more gold from London to Hong Kong, supporting the city’s push to become a major global gold-trading hub.
– Bloomberg
China has now increased its gold reserves for 21 consecutive months, bringing total holdings to a record 2,366 tonnes.
China is also reportedly moving more gold from London to Hong Kong, supporting the city’s push to become a major global gold-trading hub.
– Bloomberg
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🎯 JUST IN: Fidelity's $7T asset manager enables staking and quarterly cash payouts for its spot Ethereum ETF
🇺🇸 US PPI falls to 4.7%, lower than expectations.
🇺🇸US initial jobless claims rose to 209,000 in the week ending 8 August, from 200,000.
🇺🇸US initial jobless claims rose to 209,000 in the week ending 8 August, from 200,000.
✔️#USDT Dominance — Update
Remember the plan, legends.
We could see one more spike up in USDT Dominance, followed by a sharp rejection and decline.
If this plays out as expected, it would likely mean more downside for Crypto in the near term, before the market sets up for the next major SPIKE UP.
Remember the plan, legends.
We could see one more spike up in USDT Dominance, followed by a sharp rejection and decline.
If this plays out as expected, it would likely mean more downside for Crypto in the near term, before the market sets up for the next major SPIKE UP.
🚨 US Stocks Rally
The S&P 500 and Russell 2000 hit new all-time highs, while the Nasdaq 100 reclaimed 30,000.
US equities have added roughly $5T in market value over 15 days, driven by softer CPI and PPI data, easing inflation concerns and boosting expectations ahead of the Fed’s September meeting.
The S&P 500 and Russell 2000 hit new all-time highs, while the Nasdaq 100 reclaimed 30,000.
US equities have added roughly $5T in market value over 15 days, driven by softer CPI and PPI data, easing inflation concerns and boosting expectations ahead of the Fed’s September meeting.
BREAKING: 🇺🇸 The White House is set to meet with top crypto executives next week.
🚨 Bitcoin Update
The largest on-chain BTC bear, 0x66f8, has closed his 2,136 BTC ($136M) short position, reportedly booking a $1.65M profit.
He has now flipped bullish, opening a 40x leveraged long position on 200.82 BTC worth approximately $12.74M.
From a major short to a high-leverage long — a significant shift in positioning.
The largest on-chain BTC bear, 0x66f8, has closed his 2,136 BTC ($136M) short position, reportedly booking a $1.65M profit.
He has now flipped bullish, opening a 40x leveraged long position on 200.82 BTC worth approximately $12.74M.
From a major short to a high-leverage long — a significant shift in positioning.
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HUGE: 🇺🇸 Fed will inject $16.97 BILLION into the market starting next week.
Liquidity will hit the market for 3 consecutive weeks, which is good for crypto.
Liquidity will hit the market for 3 consecutive weeks, which is good for crypto.