Chinese President Xi Jinping calls for the yuan to become a global reserve currency.

Bhutan has started selling Bitcoins

JUST IN: $130,000,000,000 wiped out from the crypto market cap in the past 24 hours

European Union proposes banning all crypto transactions with Russia to prevent sanctions evasion.

$TON/USDT (Long)

Entry Points:
Market Entry: $1.43
DCA: $1.38 – $1.36 (only if sweep occurs)

Stop Loss:
Hard Stop: $1.363

Targets:
$1.51
$1.63
$1.69

$BTC broke below the 200-week EMA again

A weekly close below it would be the first in nearly three years

Gold reclaims $5,250

JUST IN: Coinbase CEO Brian Armstrong says "the foundations for crypto have never been stronger."

A notable Bitcoin wallet, identified as 1QLASn, has recently deposited 500 BTC into the Binance exchange, marking its first activity in eight months. This transaction, valued at around $36.39 million, raises questions about the motivations behind such a significant move after a prolonged period of inactivity. The deposit occurred just two hours ago, drawing attention from traders and analysts alike.

Trade Setup: $TRIA/USDT — Short

Market Context
TRIA is currently showing signs of weakness after rejecting from a higher-timeframe resistance zone. The recent move upward appears to be losing momentum, and multiple indicators suggest a potential downside continuation.

Entry
Market: $0.02408

Stop Loss
$0.02620

Targets
TP1: $0.02300
TP2: $0.02210
TP3: $0.21080

BREAKING: 🇺🇸 US inflation remains at 2.4%.