The Fed&#8217;s Treasury bill purchases may stabilize short-term yields, indirectly supporting risk assets and influencing crypto market dynamics.
The post Federal Reserve buys $10B in Treasury bills to bolster reserves appeared first on Crypto Briefing.

The Fed&#8217;s Treasury bill purchases may stabilize short-term yields, indirectly supporting risk assets and influencing crypto market dynamics. The post Federal Reserve buys $10B in Treasury bills to bolster reserves appeared first on Crypto Briefing.

Federal Reserve buys $10B in Treasury bills to bolster reserves

The potential US-Iran deal could stabilize global markets, impacting oil prices and crypto, but hinges on complex diplomatic negotiations.
The post Trump believes Iran’s supreme leader approved deal with US, and crypto markets are paying attention appeared first on Crypto Briefing.

The potential US-Iran deal could stabilize global markets, impacting oil prices and crypto, but hinges on complex diplomatic negotiations. The post Trump believes Iran’s supreme leader approved deal with US, and crypto markets are paying attention appeared first on Crypto Briefing.

Trump believes Iran’s supreme leader approved deal with US, and crypto markets are paying attention

Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). Balchunas Calls the Date “Blackrock filed an 8-A for the Bitcoin Premium Income […]

Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). Balchunas Calls the Date “Blackrock filed an 8-A for the Bitcoin Premium Income &#8230;

Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window

With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.

With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.

Big Tech crash, oil volatility rattles markets: Will Bitcoin hold above $60K?

XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible three-part impulse from the recent low around $1.05, but the entire setup still depends on whether buyers can force the price through the levels that broke during the crash. XRP’s Chart Is Trying To Build A Three-Part Impulse An interesting technical analysis of the XRP price is centered on a possible three-leg recovery structure, with the cryptocurrency’s latest low around $1.07 acting as the starting point. From there, the projected path shows an impulsive move into the $1.94 region, a pullback into the $1.46 zone, and then a much larger advance into the upper resistance band between $2.39 and $3.11. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The interesting chart, which was shared on X by RWA_Investor, shows a macro corrective sequence playing out from XRP’s highs above $3 since last year, a classic W-X-Y double zigzag that has consumed months of price history. The first leg, Wave W, completed a full ABC decline, bottoming at a major low labeled (C)/(W) on the chart in early February. A linking wave X then produced a counter-rally that pushed the XRP price above $1.50 in the middle of May with an internal structure of its own (X)-(A)-(B) sequence before rolling over. That rollover initiated the final Y leg, which has now pushed the XRP price down to the $1.12 range again at the time of writing.  The Impulse Setup Back Above $3 Now that the (C)/(Y) wave is playing out at current lows around $1.12, the setup is an anticipated change from correction to a bullish impulse wave.  Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment The projected move is a three-wave ABC recovery that targets a destination box between $2.39 and $3.11. Wave A is expected to push toward the $2.12 level; however, this projection does not give XRP a free pass. There’s a support/resistance trendline around $1.46, which is going to be the first test, and there’s another possible rejection test around $2.12. Wave B would then retrace back to around $1.46, but this shakeout should not be mistaken for bearishness. Wave C, the final and strongest leg of the sequence, is going to be characterized by a move into a target zone anywhere between $2.70 and $3.10. A break above $3.10 would suggest that XRP has already found its macro bottom at $1.05. In that scenario, the three-part structure would begin to look like the beginning of a broader trend reversal into new all-time highs.  If XRP fails below the upper band and loses momentum after the projected rebound, then it could eventually revisit the $0.75 to $1 range to complete a corrective macro wave 2. Interestingly, multiple analysts have identified the $0.87 to $0.92 region as a potential bottom target for XRP under a corrective macro wave. Featured image from Freepik, chart from Tradingview.com

XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible three-part impulse from the recent low around $1.05, but the entire setup still depends on whether buyers can force the price through the levels that broke during the crash. XRP’s Chart Is Trying &#8230;

The 3-Part Impulse That Shows Where The XRP Price Is Headed Next

SpaceX&#8217;s IPO, with Shotwell&#8217;s pivotal role, highlights the growing influence of key operators in tech giants and potential regulatory scrutiny.
The post SpaceX’s Gwynne Shotwell recognized as key figure ahead of IPO appeared first on Crypto Briefing.

SpaceX&#8217;s IPO, with Shotwell&#8217;s pivotal role, highlights the growing influence of key operators in tech giants and potential regulatory scrutiny. The post SpaceX’s Gwynne Shotwell recognized as key figure ahead of IPO appeared first on Crypto Briefing.

Federal Reserve buys $10B in Treasury bills to bolster reserves

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