Crypto Banter Signals
EigenLayer Shows Signs of Recovery as Bearish Pressure Weakens
EIGENLAYER Market Analysis
EigenLayer (EIGENUSD) is beginning to show signs of recovery as the prolonged bearish pressure eases, with recent price action suggesting a shift toward bullish accumulation.
EIGENUSD Key Levels
Support Levels: $1.290, $0.830
Resistance Levels: $2.160, $3.190
EigenLayer Shows Signs of Recovery as Bearish Pressure Weakens
EIGENLAYER Market Analysis
EigenLayer (EIGENUSD) is beginning to show signs of recovery as the prolonged bearish pressure eases, with recent price action suggesting a shift toward bullish accumulation.
EIGENUSD Key Levels
Support Levels: $1.290, $0.830
Resistance Levels: $2.160, $3.190
Crypto Banter Signals
#AGLDUSDT UPDATE:
#AGLD is now trading around $0.7704. #AGLD already broke down from a symmetrical triangle on the 4-hour timeframe. So, a possible scenario is that if the decline continues, we may see bearish momentum in #AGLD, and the price could drop by 5–10%. Keep an eye on it.
#AGLDUSDT UPDATE:
#AGLD is now trading around $0.7704. #AGLD already broke down from a symmetrical triangle on the 4-hour timeframe. So, a possible scenario is that if the decline continues, we may see bearish momentum in #AGLD, and the price could drop by 5–10%. Keep an eye on it.
Crypto Banter Signals
#GRIFFINUSDT UPDATE:
#GRIFFIN is now trading around $0.04535. #GRIFFIN is breaking down from a head and shoulders pattern on the daily timeframe. Therefore, if #GRIFFIN closes daily after a successful breakdown, we may see bearish momentum and the price could drop by 15–20%, according to the pattern. Keep an eye on it.
#GRIFFINUSDT UPDATE:
#GRIFFIN is now trading around $0.04535. #GRIFFIN is breaking down from a head and shoulders pattern on the daily timeframe. Therefore, if #GRIFFIN closes daily after a successful breakdown, we may see bearish momentum and the price could drop by 15–20%, according to the pattern. Keep an eye on it.
Crypto Banter Signals
MARKET MOVING NEWS!
1. Circle's Stablecoin Launches On Sam Altman-Backed World Project
Stablecoin issuer Circle has reportedly launched its USDC stablecoin on World Chain, the blockchain of the decentralised identity project built by OpenAI CEO Sam Altman. World also joined Circle's Cross-Chain Transfer Protocol (CCTP V2), making "transferring USDC across supported chains faster and more cost-effective."
World stated,
Almost two million humans on World already held bridged USDC in their World App wallets. It's now upgraded to native USDC issued directly by Circle. World is uniquely globally distributed with over 27 million users in over 160 countries.
2. PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
Payments giant PayPal is reportedly launching its PYUSD stablecoin on the Stellar blockchain network. The move is aimed at strengthening the stablecoin's position in cross-border remittances and payment financing.
May Zabaneh, PayPal's vice president for blockchain, cryptocurrency and digital currencies, stated,
For years, stablecoins have been deemed crypto's 'killer app' by combining the power of the blockchain with the stability of fiat currency. As we see cross-border payments being a key area where digital currencies can provide real-world value, working with Stellar will help advance the use of this technology and provide benefits for all users.
3. Payment Giant Stripe To Acquire Crypto Wallet Firm Privy
Payments firm Stripe has reportedly agreed to acquire crypto wallet infrastructure provider Privy. While the terms of the deal have not been disclosed, the move follows Stripe's acquisition of the stablecoin platform Bridge in a deal worth $1.1 billion. The acquisition is part of Stripe's efforts to expand its web3 capabilities. Notably, Privy's embedded wallet technology is used by several prominent crypto projects, including perps DEX Hyperliquid, restaurant loyalty firm Blackbird, and HR platform Toku.
4. Flashbots Veterans Raise $20M to Tackle Crypto User Experience With OneBalance
Cross-chain infrastructure development firm OneBalance has reportedly raised $20 million in Series A funding round. The round was led by Cyber Fund and Blockchain Capital, with additional support from Mirana Ventures and L2IV. The latest raise brings its total funding to date to $25 million. The firm plans to use the funds to hire more employees and expand the functionality of its Toolkit product.
Notably, OneBalance was founded by core contributors to Flashbots and a former Coinbase (COIN) engineer. The OneBalance Toolkit offers developers one-click access to transfers, swaps, and yield across chains, and already supports native Bitcoin-to-EVM swaps, with Solana integration coming soon.
5. GameStop Files For $1.75 Billion Offering As Bitcoin Treasury Takes Hold
Videogame retailer GameStop is reportedly planning to offer a $1.75 billion convertible senior note offering. GameStop claims that it will use the proceeds, at least in part, for "making investments in a manner consistent with GameStop's Investment Policy." Notably, the company updated its "investment policy" to add bitcoin as a treasury reserve asset back in March. It also intends to grant the initial purchasers of the notes an option to purchase an additional $250 million in notes within two weeks of the initial issuance.
6. Senate Begins Passage of Stablecoin Bill as House Marks Market-Structure Wins
Yesterday, the U.S. Senate voted 68 to 30 to invoke cloture on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. Cloture is a procedural move that clears the way for further debate. Notably, the vote passed with many Democrats joining Republicans in pushing forward stablecoin regulation. The bill would establish a system under which stablecoins can be issued in the U.S. under the watch of state or federal regulators.
MARKET MOVING NEWS!
1. Circle's Stablecoin Launches On Sam Altman-Backed World Project
Stablecoin issuer Circle has reportedly launched its USDC stablecoin on World Chain, the blockchain of the decentralised identity project built by OpenAI CEO Sam Altman. World also joined Circle's Cross-Chain Transfer Protocol (CCTP V2), making "transferring USDC across supported chains faster and more cost-effective."
World stated,
Almost two million humans on World already held bridged USDC in their World App wallets. It's now upgraded to native USDC issued directly by Circle. World is uniquely globally distributed with over 27 million users in over 160 countries.
2. PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
Payments giant PayPal is reportedly launching its PYUSD stablecoin on the Stellar blockchain network. The move is aimed at strengthening the stablecoin's position in cross-border remittances and payment financing.
May Zabaneh, PayPal's vice president for blockchain, cryptocurrency and digital currencies, stated,
For years, stablecoins have been deemed crypto's 'killer app' by combining the power of the blockchain with the stability of fiat currency. As we see cross-border payments being a key area where digital currencies can provide real-world value, working with Stellar will help advance the use of this technology and provide benefits for all users.
3. Payment Giant Stripe To Acquire Crypto Wallet Firm Privy
Payments firm Stripe has reportedly agreed to acquire crypto wallet infrastructure provider Privy. While the terms of the deal have not been disclosed, the move follows Stripe's acquisition of the stablecoin platform Bridge in a deal worth $1.1 billion. The acquisition is part of Stripe's efforts to expand its web3 capabilities. Notably, Privy's embedded wallet technology is used by several prominent crypto projects, including perps DEX Hyperliquid, restaurant loyalty firm Blackbird, and HR platform Toku.
4. Flashbots Veterans Raise $20M to Tackle Crypto User Experience With OneBalance
Cross-chain infrastructure development firm OneBalance has reportedly raised $20 million in Series A funding round. The round was led by Cyber Fund and Blockchain Capital, with additional support from Mirana Ventures and L2IV. The latest raise brings its total funding to date to $25 million. The firm plans to use the funds to hire more employees and expand the functionality of its Toolkit product.
Notably, OneBalance was founded by core contributors to Flashbots and a former Coinbase (COIN) engineer. The OneBalance Toolkit offers developers one-click access to transfers, swaps, and yield across chains, and already supports native Bitcoin-to-EVM swaps, with Solana integration coming soon.
5. GameStop Files For $1.75 Billion Offering As Bitcoin Treasury Takes Hold
Videogame retailer GameStop is reportedly planning to offer a $1.75 billion convertible senior note offering. GameStop claims that it will use the proceeds, at least in part, for "making investments in a manner consistent with GameStop's Investment Policy." Notably, the company updated its "investment policy" to add bitcoin as a treasury reserve asset back in March. It also intends to grant the initial purchasers of the notes an option to purchase an additional $250 million in notes within two weeks of the initial issuance.
6. Senate Begins Passage of Stablecoin Bill as House Marks Market-Structure Wins
Yesterday, the U.S. Senate voted 68 to 30 to invoke cloture on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. Cloture is a procedural move that clears the way for further debate. Notably, the vote passed with many Democrats joining Republicans in pushing forward stablecoin regulation. The bill would establish a system under which stablecoins can be issued in the U.S. under the watch of state or federal regulators.