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The SEC was supposed to discuss its โRegulation Cryptoโ plan, but the meeting was delayed due to a scheduling issue.
No new date has been announced yet.
With the CLARITY Act also delayed, the crypto market is watching closely.
Regulatory clarity could be a major boost for XRP and the wider crypto market.
Is it really just a scheduling issue, or is something bigger happening?
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๐ป BTC ETFs : -$138.2M
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๐ HYPE Update
HYPE has reclaimed the important $56 support zone and is now coming back to test it.
This pre-test is important. If $56 holds, the breakout structure remains valid and we can look for continuation toward the higher resistance zone around $64โ$65.
But the key is still $56.
If HYPE loses this level and moves back below the zone, the breakout can turn into a failed reclaim.
For now, $56 is the level to watch closely.
HYPE has reclaimed the important $56 support zone and is now coming back to test it.
This pre-test is important. If $56 holds, the breakout structure remains valid and we can look for continuation toward the higher resistance zone around $64โ$65.
But the key is still $56.
If HYPE loses this level and moves back below the zone, the breakout can turn into a failed reclaim.
For now, $56 is the level to watch closely.
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โBitcoin doesnโt need MSCI. Neither does Strategy.โ
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โWe want good regulation that supports innovation.โ
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Forwarded from SmartViewAi Premium 2.O NEW
๐ BTC Update
BTC continues to trade inside the same broad range for nearly a month, with no decisive breakout yet.
Price is currently around $63K, below the 50/200 EMA area near $64.1Kโ$64.2K, which keeps short-term momentum slightly weak.
Key levels:
Resistance: $65.2Kโ$65.7K
Support: $62.25K
Major lower support: $59.1K
The repeated rejection near $65K+ and buying around $62K confirm the range structure. Until BTC breaks and holds outside this zone, the market remains range-bound rather than trending.
BTC continues to trade inside the same broad range for nearly a month, with no decisive breakout yet.
Price is currently around $63K, below the 50/200 EMA area near $64.1Kโ$64.2K, which keeps short-term momentum slightly weak.
Key levels:
Resistance: $65.2Kโ$65.7K
Support: $62.25K
Major lower support: $59.1K
The repeated rejection near $65K+ and buying around $62K confirm the range structure. Until BTC breaks and holds outside this zone, the market remains range-bound rather than trending.
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