The pursuit of substantial funding for a digital asset treasury could 
significantly impact the meme coin market&#8217;s volatility and investor dynamics.
The post TRUMP meme coin backer eyes up to $1 billion funding for digital 
asset treasury appeared first on Crypto Briefing.

TRUMP meme coin backer eyes up to $1 billion funding for digital asset treasury

ETF analyst Eric Balchunas says Canary Capital’s filings for spot Litecoin and 
HBAR funds are seemingly finalized, but the government shutdown will delay 
their launch.

Canary’s Litecoin, HBAR ETFs ready for ‘go-time’ after gov shutdown: Analysts

Bitcoin price struggled to surpass $126,200 and corrected gains. BTC is now 
consolidating near $122,000 and might aim for a recovery wave. Bitcoin started 
a downside correction below the $125,000 level. The price is trading below 
$124,000 and the 100 hourly Simple moving average. There is a key bearish 
trend line forming with resistance at $123,500 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might continue to move down if 
it trades below the $120,500 zone. Bitcoin Price Corrects Gains Bitcoin price 
extended gains above the $124,000 zone. BTC climbed above the $125,000 and 
$125,500 resistance levels before the bears appeared. A new high was formed at 
$126,198 before there was a downside correction. The price dipped below the 
$124,000 support zone. There was a sharp move and the price tested the 
$120,500 region. The price is now consolidating near the 23.6% Fib retracement 
level of the recent decline from the $126,191 swing high to the $120,694 low. 
Bitcoin is now trading below $124,000 and the 100 hourly Simple moving 
average. Besides, there is a key bearish trend line forming with resistance at 
$123,500 on the hourly chart of the BTC/USD pair. Immediate resistance on the 
upside is near the $122,250 level. The first key resistance is near the 
$123,500 level and the trend line. It is close to the 50% Fib level of the 
recent decline from the $126,191 swing high to the $120,694 low. The next 
resistance could be $124,200. A close above the $124,200 resistance might send 
the price further higher. In the stated case, the price could rise and test 
the $125,500 resistance. Any more gains might send the price toward the 
$126,000 level. The next barrier for the bulls could be $126,200. More Losses 
In BTC? If Bitcoin fails to rise above the $123,500 resistance zone, it could 
start a fresh decline. Immediate support is near the $121,200 level. The first 
major support is near the $120,500 level. The next support is now near the 
$118,500 zone. Any more losses might send the price toward the $116,200 
support in the near term. The main support sits at $115,500, below which BTC 
might struggle to recover in the short term. Technical indicators: Hourly MACD 
– The MACD is now losing pace in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support 
Levels – $121,200, followed by $120,500. Major Resistance Levels – $122,250 
and $123,500.

Bitcoin Price Retreats From Highs – Is The Market Signaling A Short-Term Top?

Hyperliquid (HYPE) extended its pullback for a fifth straight session on 
Tuesday, sliding about 6% intraday to the $45–$46 zone after a sharp rejection 
at a reclaimed trendline. Related Reading: Here’s The Best Time To Buy Bitcoin 
As Impulse Wave Sets Path To $150,000 While near-term momentum has flipped 
bearish, several on-chain and market-structure cues still point to a potential 
rebound toward $55–$60 if buyers can quickly stabilize the price above key 
supports. Derivatives Tilt Bearish, but Spot Holds the Line Futures 
positioning has swung defensively, and according to Coinglass, the long-to- 
short ratio slipped to 0.80, its lowest in over a month, signaling traders are 
leaning short into weakness. Momentum indicators echo the caution, daily RSI 
near 45 sits below the neutral 50 line, and MACD registered a bearish cross, 
both consistent with cooling trend strength. Technically, HYPE failed a back- 
test of a broken ascending trendline and bled nearly 7% from Friday to Monday, 
with charts flagging $39–$40 as the next major support if selling accelerates. 
On the upside, $51–$52 is first resistance, where bulls likely meet clustered 
supply from recent breakdown levels. Why Hyperliquid (HYPE) Bulls Still See 
$55–$60 on the Table Despite the red prints, spot activity remains 
constructive. Hyperliquid has been defending the mid-$40s repeatedly, and 
prior consolidations above $45–$47 have preceded strong continuation moves. 
HYPE&#8217;s price trends to the downside on the daily chart. Source: HYPEUSD on 
Tradingview Under the hood, token staking north of 660,000 HYPE ($30million) 
plus systematic buybacks are reducing circulating supply, creating a 
supportive backdrop when demand returns. Meanwhile, protocol fee revenue 
around $3million/day underscores durable usage even as new perp-DEX 
competitors court volume with incentives. Community and analyst “fair-value” 
chatter continues to cluster around $55–$60, suggesting sentiment will likely 
flip quickly if price reclaims the short-term breakdown area. Price Levels and 
Trade Map for the Week The immediate trading point sits in $44–$49. A daily 
close back above $49 would neutralize the breakdown and open $52, then $55–$60 
as momentum targets. Failure to hold $46–$47 invites a retest of $44, with a 
deeper flush risking the $39–$40 demand zone where dip-buyers may step in. 
Market internals to watch: if funding stays orderly, liquidations remain 
contained, and spot-led buying outpaces leveraged shorts, the probability of a 
V-shaped recovery rises. Related Reading: Is A $10,000 Ethereum Price Within 
Reach? Here’s What Experts Are Forecasting Next Macro context matters too. 
Perp-DEX market share is expanding industry-wide, and while rivals (e.g., 
Aster) have temporarily siphoned volumes, Hyperliquid still commands strong 
open interest and fee traction, key indicators of stickier liquidity. Cover 
image from ChatGPT, HYPEUSD chart from Tradingview

Hyperliquid (HYPE) Drops 6% to $45, But Analysts Say a $55–$60 Rebound May Be Next

The compromise highlights the critical need for robust security measures in 
decentralized platforms to protect user trust and platform integrity.
The post PancakeSwap&#8217;s Chinese account compromised, advises against link 
interactions appeared first on Crypto Briefing.

Cryptocurrency price in KRW