Zilliqa is currently trading at range lows within a critical support region marked by the value area low and swing low. A bullish broadening wedge is developing, suggesting a possible structural reversal if resistance breaks.

Zilliqa forms bullish pattern at support, awaiting breakout confirmation

Grayscale&#8217;s leadership change amid IPO plans may impact its competitive edge 
in the evolving crypto ETF market dominated by lower-fee rivals.
The post Grayscale&#8217;s ETF chief David LaValle to leave ahead of company&#8217;s IPO: 
Unchained appeared first on Crypto Briefing.

Grayscale’s ETF chief David LaValle to leave ahead of company’s IPO: Unchained

The launch of stock futures with zero fees and USDT settlement by MEXC gives 
global users streamlined access to U.S. equities without a traditional 
brokerage. The move signals a broader push toward the convergence of crypto 
and traditional finance (TradFi). MEXC Bridges TradFi and Crypto with Zero-Fee 
U.S. Stock Futures Offering Global crypto exchange MEXC […]

MEXC Debuts Stock Futures With Zero Fees

Ethereum price started a fresh increase above the $3,720 zone. ETH is now 
showing bullish signs and might continue to rise toward the $3,850 zone. 
Ethereum started a fresh increase above the $3,720 level. The price is trading 
above $3,670 and the 100-hourly Simple Moving Average. There is a key bullish 
trend line forming with support at $3,670 on the hourly chart of ETH/USD (data 
feed via Kraken). The pair could start a fresh increase if it remains 
supported above the $3,650 zone in the near term. Ethereum Price Aims Fresh 
Increase Above $3,800 Ethereum price started a fresh increase above the $3,660 
zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,720 
resistance zone to remain in a positive zone. The bulls even pumped the price 
above $3,800. Finally, it tested the $3,860 zone. A high was formed at $3,859 
and the price recently corrected some gains. There was a move below the 50% 
Fib retracement level of the upward move from the $3,481 swing low to the 
$3,859 high. The price tested the 61.8% Fib retracement level of the upward 
move from the $3,481 swing low to the $3,859 high. Ethereum price is now 
trading above $3,650 and the 100-hourly Simple Moving Average. There is also a 
key bullish trend line forming with support at $3,670 on the hourly chart of 
ETH/USD. On the upside, the price could face resistance near the $3,770 level. 
The next key resistance is near the $3,800 level. The first major resistance 
is near the $3,850 level. A clear move above the $3,850 resistance might send 
the price toward the $3,920 resistance. An upside break above the $3,920 
resistance might call for more gains in the coming sessions. In the stated 
case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the 
near term. Are Downsides Supported In ETH? If Ethereum fails to clear the 
$3,770 resistance, it could start a downside correction. Initial support on 
the downside is near the $3,670 level. The first major support sits near the 
$3,650 zone. A clear move below the $3,620 support might push the price toward 
the $3,550 support. Any more losses might send the price toward the $3,450 
support level in the near term. The next key support sits at $3,320. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the 
bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. Major 
Support Level – $3,670 Major Resistance Level – $3,800

Ethereum Price Stays Elevated—Bulls Eye Further Upside

Glassnode lead analyst James Check says in five years’ time Bitcoin will be 
“well and truly” past the $200,000 price level, but doesn&#8217;t expect it to 
surpass that this year.

Bitcoin hitting $200K this year ‘very improbable,’ says analyst

While Republican House Speaker Mike Johnson made the controversial move to 
shut down the House early to prevent Congress from grilling Jeffrey Epstein’s 
former partner and convicted sex trafficker, Ghislaine Maxwell, Wyoming 
Senator Cynthia Lummis, the so-called “Crypto Queen,” published a press 
release on Tuesday afternoon imploring the Senate to remain in session for the 
[…]