Cryptonews

Ethereum’s (ETH) price action has reached a pivotal point, with the asset now trading at a high time frame resistance level of $2,590. This zone is technically significant, as it aligns with the 0.618 Fibonacci retracement and the midpoint of the active Fibonacci-based price channel. While bullish momentum remains intact, this region could act as a short-term ceiling, potentially triggering a corrective move that sets the stage for a larger breakout. It’s like the calm before the storm, or in this case, the calm before the crypto surge. 🌪️

Source – X

In the year gone by, U.S. President Donald Trump, ever the showman, has established a strategic Bitcoin [BTC] reserve and announced an altcoin reserve, as if to say, “Why have one when you can have a whole collection?”

The Las Vegas-based firm produced 685 BTC last month, bringing its year-to-date output to 3,968 BTC. All coins were self-mined, and total bitcoin holdings reached 12,608, ranking the company seventh among publicly traded bitcoin holders, one spot ahead of Tesla. I guess Elon can’t keep up with the miners. 🚗➡️💻

Ripple’s (XRP) price, a rebellious teenager, refuses to conform to the broader market’s weakness. After establishing a solid foundation at $2.99, the asset is now climbing back toward the major resistance levels, like a mountaineer determined to conquer the summit. However, the next key challenge lies at the $2.42 region, a level that could determine whether this rally is a temporary reaction or the beginning of a broader bullish move. Let’s delve into the current structure and what traders should be watching next, with bated breath.

Fidelity, that stalwart bastion of capitalist fervor, had filed its S-1 registration statement with the agency on June 13, no doubt with the expectation that the wheels of progress would turn with all due haste. Alas, it seems the SEC has other plans. Or, rather, no plans at all, for the time being. 🕰️

On the hourly chart, LINK has confirmed a short-term bullish breakout after forming a series of higher lows. Price accelerated beyond the $13.40 mark and briefly touched $13.70 before consolidating near $13.48. This movement followed a clear rebound from the July 2 low at $12.90, forming a rounded bottom pattern that typically precedes continued upside.

Alas, one might expect the heavens to thunder and the peasants rejoice—yet relevant details have withdrawn into the mists, as skittish as serfs before an audit. The TRUMP faithful, ever loyal, met this news with all the unbridled enthusiasm of guests at a 19th-century estate dinner learning there would be no dessert. 🍮🚫

Messrs. Solana (SOL) spot ETF issuers, be not negligent! The SEC, surely tired of waiting (as one might be for an eligible suitor in a dance-less assembly room), desires that all such S-1s, now to be much improved, be returned post-haste—within a scant three weeks. The urgency is quite nearly alarming, almost as if the market itself dares the SEC to keep pace. Meanwhile, our plucky SOL token carried on, trading at $151, quite unaffected by the commotion swirling around it. 💸

Чтобы бороться с незаконной деятельностью, правительство ввело национальный реестр оборудования для добычи, чтобы отслеживать и идентифицировать нелицензированных шахтеров.