Saylor&#8217;s strategy could stabilize Bitcoin&#8217;s market by balancing minor sales 
with significant acquisitions, impacting investor confidence and market 
dynamics.
The post Strategy&#8217;s Michael Saylor hints at selling 0.2% of Bitcoin while 
planning to buy 5-10x more appeared first on Crypto Briefing.

Strategy’s Michael Saylor hints at selling 0.2% of Bitcoin while planning to buy 5-10x more

Suspending the federal gas tax could temporarily ease consumer costs but risks 
long-term infrastructure funding deficits and inflationary pressures.
The post Donald Trump considers suspending federal gasoline tax amid rising 
prices appeared first on Crypto Briefing.

Donald Trump considers suspending federal gasoline tax amid rising prices

Dogecoin started a fresh increase from the $0.1050 zone against the US Dollar. 
DOGE is now facing hurdles near $0.1120 and might aim for a larger rally. DOGE 
price started a decent upward move above $0.1080 and $0.1085. The price is 
trading above the $0.1090 level and the 100-hourly simple moving average. 
There is a key contracting triangle forming with support at $0.1090 on the 
hourly chart of the DOGE/USD pair (data source from Kraken). The price could 
continue to move up if it stays above $0.1080. Dogecoin Price Faces Hurdles 
Dogecoin price remained supported above the $0.1020 zone and started a fresh 
increase, like Bitcoin and Ethereum. DOGE climbed above the $0.1080 and 
$0.1085 resistance levels. The price gained over 5% and tested the $0.1125 
zone. There was a move above the 50% Fib retracement level of the downward 
move from the $0.1172 swing high to the $0.1058 low. Besides, there is a key 
contracting triangle forming with support at $0.1090 on the hourly chart of 
the DOGE/USD pair. Dogecoin price is now trading above the $0.110 level and 
the 100-hourly simple moving average. If the bulls remain active, the price 
could attempt another increase. Immediate resistance on the upside is near the 
$0.1120 level. The first major resistance for the bulls could be near the 
$0.1128 level or the 61.8% Fib retracement level of the downward move from the 
$0.1172 swing high to the $0.1058 low. The next major resistance is near the 
$0.1145 level. A close above the $0.1145 resistance might send the price 
toward the $0.1170 resistance. Any more gains might send the price toward the 
$0.120 level. The next major stop for the bulls might be $0.1250. Another 
Decline In DOGE? If DOGE’s price fails to climb above the $0.1128 level, it 
could continue to move down. Initial support on the downside is near the 
$0.1090 level. The next major support is near the $0.1080 level. The main 
support sits at $0.1050. If there is a downside break below the $0.1050 
support, the price could decline further. In the stated case, the price might 
slide toward the $0.1020 level or even $0.10 in the near term. Technical 
Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is 
now above the 50 level. Major Support Levels – $0.1090 and $0.1080. Major 
Resistance Levels – $0.1120 and $0.1128.

Dogecoin (DOGE) Slows Near $0.1120, Bulls Face Crucial Test

Bitcoin&#8217;s surge amid geopolitical calm suggests potential for sustained 
growth, but future price stability hinges on ongoing global dynamics.
The post Bitcoin briefly surpasses $82,000 amid easing geopolitical tensions 
appeared first on Crypto Briefing.

Bitcoin briefly surpasses $82,000 amid easing geopolitical tensions

Crypto exchange Crypto.com announced that its United Arab Emirates entity has 
been granted a stored value facilities license, enabling payment of government 
fees with cryptocurrencies. Regulatory Milestone Crypto exchange Crypto.com 
has announced on May 11 that its United Arab Emirates (UAE) entity, Foris DAX 
Middle East FZE, has been granted a stored value facilities (SVF) […]

Crypto.com Lands UAE License, Opening Crypto Payments for Dubai Government Fees

Regulatory divergence on stablecoins between the US and UK could destabilize 
global markets, impacting cross-border financial stability.
The post Bank of England warns of stablecoin oversight clash with US appeared 
first on Crypto Briefing.

Cryptocurrency price in ILS

Market Overview