Bitcoin has rallied 12% over the past week, nearing the $100K mark, fueled by ETF inflows and bullish chart patterns. However, 10x Research's Markus Thielen urges caution, pointing to low stablecoin minting activity β a key signal of sustainable growth. While a falling wedge breakout suggests a possible move to $99K, the lack of strong stablecoin inflows hints that the rally may be driven more by short-term leverage than long-term capital.
$ETC/USDT β Weekly Chart Overview
Ethereum Classic just bounced from its major support zone between $12β$13 β a level that triggered 3 major rallies (150%β216%) in the past.
Each time ETC hit this zone, buyers stepped in hard. We're seeing early signs of that again.
Current price: $16.98
If momentum builds, $20+ could be the next key level.
Why it matters:
This zone has proven to be a strong accumulation area. If history repeats, this could be the start of another big move.
Ethereum Classic just bounced from its major support zone between $12β$13 β a level that triggered 3 major rallies (150%β216%) in the past.
Each time ETC hit this zone, buyers stepped in hard. We're seeing early signs of that again.
Current price: $16.98
If momentum builds, $20+ could be the next key level.
Why it matters:
This zone has proven to be a strong accumulation area. If history repeats, this could be the start of another big move.
π¨ JUST IN: The Kuwait π°πΌ Ministry of Interior(MoI) has issued a statement saying that #crypto mining is illegal and unlicensed.
π° JUST IN: Metaplanet Just bought 145 Bitcoin for $13.6 million.
They now own a total of 5,000 $BTC!
They now own a total of 5,000 $BTC!
π¦π½π§π«π¨π¦
Satoshi Nakamotoβs legendary #Bitcoin wallet has soared past $100B, Arkham data shows.
Unmoved since Bitcoinβs dawn, itβs among the largest crypto holdings everβa beacon of mystery and market might.
Heavyweights like Coinbase, Binance, and BlackRock, also top BTC holders, underscore Bitcoinβs institutional rise.
Satoshi Nakamotoβs legendary #Bitcoin wallet has soared past $100B, Arkham data shows.
Unmoved since Bitcoinβs dawn, itβs among the largest crypto holdings everβa beacon of mystery and market might.
Heavyweights like Coinbase, Binance, and BlackRock, also top BTC holders, underscore Bitcoinβs institutional rise.
π° NEW : #ETH founder, Vitalik Buterin will meet with with the new SEC Chairman, Paul Atkins this week.
JUST IN: ARK Invest updates their 2030 #Bitcoin price prediction to $2.4 million π
πΊπΈ LATEST: The SEC crypto task force met with Ondo Finance and law firm Davis Polk & Wardwell to discuss issuing and selling wrapped, tokenized versions of publicly traded US securities.
π₯π€©π€
πΊπΈ Trump Launches βTrump 2028β Hat, Hinting at Third Term Run
President Trump is now selling a βTrump 2028β hat, marking the first clear signal of his interest in pursuing a third presidential term.
πΊπΈ Trump Launches βTrump 2028β Hat, Hinting at Third Term Run
President Trump is now selling a βTrump 2028β hat, marking the first clear signal of his interest in pursuing a third presidential term.
Ruya has become the first Islamic bank globally to enable customers to buy #Bitcoin
π Litecoin (LTC/USDT) Weekly Chart Update π
β Ascending Channel perfectly intact!
β Price once again bounced from the channel support (~$65 zone)! π₯
π Now trading around $85.76, LTC looks set to target the upper resistance near $140β$150 if momentum holds. πΉ
π As long as the structure remains intact, the bias remains bullish in the mid-term.
π΅ Key Levels to Watch:
Support: $65β$70Resistance: $130β$150
β Ascending Channel perfectly intact!
β Price once again bounced from the channel support (~$65 zone)! π₯
π Now trading around $85.76, LTC looks set to target the upper resistance near $140β$150 if momentum holds. πΉ
π As long as the structure remains intact, the bias remains bullish in the mid-term.
π΅ Key Levels to Watch:
Support: $65β$70Resistance: $130β$150
JUST IN: #Bitcoin ETFs just snapped up $2.7 BILLION in $BTC over the last 4 days π€―π
Thatβs ~42,000 coinsβmore than a week of miner supply βοΈβ‘οΈ.
Wall Street is vacuuming sats, the orange supply shock is tightening, and price pressure is mounting fast.
Thatβs ~42,000 coinsβmore than a week of miner supply βοΈβ‘οΈ.
Wall Street is vacuuming sats, the orange supply shock is tightening, and price pressure is mounting fast.