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Plus: Trump Media wants to own CRO |
GM. We're serving you headlines that got that good pulp, like a Florida orange grove in peak season. Here's the lineup: 🍍 Important Bitcoin levels to watch. 🚀 Why is CRO up today? 🍋 UAE's Bitcoin holdings, Solana devs getting slapped with huge bills + more |
🍍 Market flavor today | |||||||||||||||||||||||||||||||||||||||||||
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Crypto’s looking healthier today, but we’re not out of the woods just yet 🌲 According to Swissblock, Bitcoin's hanging around two important price points: 👉 $110K = support level. If BTC stays above it, the uptrend remains intact; 👉 $121K = resistance. If BTC breaks above it, the next leg of the bull run could begin. So far, Bitcoin has shown strength above $100K, but whether this energy lasts depends on that $110K level. And what about the bigger picture? Colin Talks Crypto doesn’t think the bull run's finished just yet, 'cuz market sentiment hasn’t reached the euphoric levels that usually signal a cycle top. That said, he does expect a slower path forward. He believes it could take up to two months before Bitcoin makes another proper attempt at all-time highs. From here, Colin actually sees two likely outcomes: 👉 The bull run continues into late Q4 → his most likely scenario; 👉 Or Bitcoin skips the usual euphoric price increase and finishes the cycle with a slower peak. He’s watching $98K as a key support. A drop below that could mean the bull run is already over - even without a blow-off top. 💰 Your wallet just texted - it wants more moneyBloFin x BitDegree dropped a campaign with trading bonuses for doing what you already do: deposit and trade. The math is stupid simple: the more you put in, the more you get back. The more you trade, the fatter the rewards. Deadline's September 7, 8 PM UTC. After that? Back to regular boring trading without the bonus fun. (Check the campaign page for the rest of the details.) Ready to claim your bonuses? 💸 |
🥝 Memecoin harvest | ||||||||||||||||||||
Tokens that likely have no team, no product, and no future - just a community powered by caffeine and delusion ☕️ | ||||||||||||||||||||
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Check out these memecoins and plenty more here. |
💰 Trump Media Group CRO Strategy | ||||||||||||||
"All cryptos are pumping, but some are pumping more than others"... ... or whatever the famous George Orwell quote is. (Don’t @ me, it’s been a long time since I’ve read Animal Farm.) Either way, this quote is definitely facts, because just look at what Cronos is doing out here: Absolutely bonkers. So, what happened? Trump Media & Technology Group, Yorkville Acquisition Corp., and Crypto.com announced that they're creating something called Trump Media Group CRO Strategy. Their goal: build a CRO treasury worth at least $6.42B. To put this in perspective, CRO's market cap is ~$7.6B rn. So these guys wanna buy up roughly 85% of the entire supply. That ain't just buying a slice of the pie - that's like buying most of the bakery. The companies claim this would make them the first and biggest publicly traded CRO treasury company, and possibly even set a record for the biggest treasury-to-market-cap ratio in crypto history. In the announcement, Trump Media's Chairman and CEO Devin Nunes basically said that financial markets are going digital, companies are building crypto treasuries, and they're bullish on cryptocurrency's future utility. Translation: "Crypto isn't going anywhere, and we want to get in early before everyone else figures it out." And it's worth taking notes. Especially since this isn't some random startup throwing $100 at crypto - this is a listed company with huge backing making a huge bet that crypto tokens should be treated like traditional treasury assets. If more major companies follow, we're potentially watching crypto evolve from "that thing weirdos trade" to "that thing Fortune 500 companies hold." And honestly, that's a huge deal.
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🍋 News drops you can't miss🇦🇪 The UAE reportedly has about $700M in Bitcoin. These holdings come mostly from mining. 🗣️ A bunch of global regulators and exchange groups want the SEC to weigh in on tokenized stocks. They’re worried these tokens look like normal shares but don’t actually give investors the same rights or protections. 😬 Devs working with Solana data on Google Cloud’s BigQuery say the costs are out of control. One poor dev got slapped with an $18K monthly bill for just a few queries. 🎡 Bitpanda isn’t going for a London listing. They're saying the London Stock Exchange doesn’t have enough trading action. 🚀 Hut 8, a Bitcoin mining and energy services firm, says it’s opening four new sites in the US. After the news dropped, its stock increased by 10.5%. |
🍌 Juicy memes |
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