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As Bitcoin races from record to record, analyst il Capo urged his followers to be careful in a message he published.
If gold remains steady today, a single move from bitcoin to $98,500 would do it
PNUT faces strong resistance at $1.37 but could rally if key levels are breached. WIF’s bullish momentum hinges on breaking resistance at $3.34 and sustaining $3.29. PEPE shows rising interest with key resistance at $0.000002150 and support at $0.000002000.
ACT has sold off after an initial post-listing rally. The ACT decline followed a 124% surge within three days. Analysts attribute ACT’s selloff to profit-taking by pre-launch participants.
LUNA’s surge shows strong bullish momentum, with $0.48 as key resistance level. CRV tests $0.43 resistance whereby breaking it could target $0.45 and $0.50. FTT’s 35.19% surge highlights speculative interest, with $2.80 as key resistance.
- 18:47OP falls below $0.7Market data shows that OP has fallen below $0.7, currently reported at $0.69, with a 24-hour decline of 5.48%. The market is quite volatile, so please ensure proper risk management.
- 18:47US Bitcoin ETFs purchase 26,700 Bitcoins in the first half of MayAccording to HODL15Capital monitoring, US Bitcoin ETFs purchased 26,700 bitcoins in the first half of May, while only 7,200 were mined during the same period.
- 18:46Pyth Executive: Oracle Network is Disrupting the $50 Billion Financial Data IndustryMichael James, Head of Institutional Business Development at Douro Labs, the developer of Pyth, stated that oracle networks like Pyth are disrupting the $50 billion financial data industry, which provides critical pricing information to exchanges, brokerage firms, trading companies, and other institutional entities. The executive noted that Pyth Network's data pull model sets it apart from traditional pricing oracles, allowing clients to pay for data on demand, thereby reducing costs for institutions reliant on real-time market data. Pyth is set to achieve significant growth in 2024. The Pyth oracle network provides real-time market data and pricing information for cryptocurrencies, stocks, foreign exchange markets (FOREX), commodities, and interest rates. In December 2024, Pyth announced the launch of real-time oil pricing data on over 80 blockchain networks.