About $500 billion was wiped from the market value of US stocks at the start of the trading session, alongside rising odds that the Federal Reserve will raise interest rates to 74%.
This shift in expectations for monetary policy increases selling pressure and reflects a growing sense of caution in the markets. 📉
$ENA | Price at a crossroads.. and the next move is crucial 📊
$ENA is currently trading near $0.15, in an area that may see a strong move in either direction. Therefore, the next levels remain the most important factor in determining the path.
📈 Bullish scenario: If the price can regain momentum and start rising, the $0.18 – $0.185 zone will be the next key resistance level to watch.
📉 Bearish scenario: If the price faces selling pressure and pulls back from current levels, the $0.115 – $0.12 zone could be the next main support area.
ENA is currently moving between two important zones, and breaking the resistance or reaching the support will provide a clearer signal about the next direction.
🚀 $QTUM | Breaching the Construction Restriction and the Buyers Are Still Steady 📈🔥
QTUM shows a strong bullish structure on the 4-hour timeframe after recovering from the support zone $0.80 – $0.82. The price is currently testing the important resistance area at $0.916 – $0.920, where a clear breakout could trigger a new bullish wave.
Block applies for a U.S. trust bank license to custody Bitcoin and Stablecoins
Payments company owned by Jack Dorsey, Block, is moving to expand its presence in the digital assets sector by applying to establish a national trust bank regulated by the Federal Reserve, focused on custody services for Bitcoin and stablecoins. The company announced that it filed an application on Tuesday with the U.S. Office of the Comptroller of the Currency (OCC) to create a new entity named Builders Bank & Trust, a national uninsured trust bank. If approved, the bank would operate under the OCC’s oversight, with a focus on custody services and related credit services.
Circle Acquires Tazapay to Boost Cross-Border USDC Payments.
Circle announced its agreement to acquire the cross-border payments platform Tazapay, in a deal expected to be completed by 2027, subject to the satisfaction of closing conditions and the approval of the Monetary Authority of Singapore. The deal comes as part of Circle’s Circle strategy to expand the use of USDC in international payments, with a particular focus on Asia-Pacific and emerging markets.
Cronos Reveals the Amount of Funds That Left During the Tectonic Exploit
Cronos confirmed that about $9.19 million left the network before auditors were able to stop it, during an exploitation incident involving the Tectonic protocol. In an official update, the company revealed new details about the extent of the damage. 🔹 $120.4 million value of the affected activity Manipulating collateral values led to borrowing operations totaling about $120.4 million. After the network was restored to its pre-exploitation state, roughly $111.2 million was reversed, meaning that about 7.6% of the affected funds remained out of the network.
🚀 $LDO | Whales break resistance and momentum is increasing 📈🔥
$LDO is showing strong bullish momentum on the 4-hour timeframe, after the price reclaimed the $0.40 level and is now testing the important resistance at $0.42.
A breakout of this area and holding above it could open the way for the next bullish phase and target higher levels.
🚀 $ARX | Whales are breaking upward and momentum is increasing 📈🔥
ARX is showing strong bullish momentum on the 4-hour timeframe, after the price managed to break above the recent consolidation range at $0.135 – $0.140, heading toward the important resistance area at $0.145. Holding above this zone could strengthen momentum and open the way for an additional bullish wave toward the next levels.
It is trading $BTC near $79,919, with the price holding above the moving averages and a slight improvement appearing in the MACD indicator, indicating a gradual improvement in momentum.
🟢 Support: $79,860 then $79,586 🔴 Resistance: $80,200 then $80,540
📈 A break above $80,200 and holding above it could strengthen bullish momentum and push the price toward the next resistance at $80,540.
On the other hand, a break below $79,586 could increase selling pressure and open the door to a deeper correction.
The area between $79,586 and $80,200 is the key to the next move.