🇺🇸 LATEST: Ripple backs the SEC’s Reg Crypto proposal in a comment letter, saying the investment contract, not the token, is the security and that oversight should end once an issuer’s promises are fulfilled.
VIP MARKET UPDATE: $WLD ➖➖➖➖➖➖➖ $WLD is trading at 0.5906, pressing into the descending trendline from May near 0.6000 inside a symmetrical triangle, after a sharp bounce from the 0.4800 zone and rising support sitting near 0.4000.
A breakout above 0.6000 opens the door toward 0.6500 to 0.7000. A rejection here sends this back toward 0.4800 to 0.4400, and losing the rising trendline near 0.4000 breaks the triangle. ➖➖➖➖➖➖➖ #Binance
Celestia (TIA) Surges 3.38% on Fibre Upgrade Activation
Celestia (TIA) rose 3.38 percentage points following the Fibre upgrade activation on Oct 20, with rollups now able to upload large data blobs directly to validators. This upgrade significantly enhances Celestia's data availability capabilities, driving a repricing of the asset as traders adjust expectations
VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ $BTC is trading at 82,220.36, securing its fifth consecutive weekly close above the 50 week moving average near 77,000 despite last week’s correction and volatility, a signal that has historically marked the start of new bull runs.
Hold above the 50 week MA and the bull structure keeps pushing toward 87,000 to 90,000. Lose it and this drops back toward the long term trendline near 70,000. ➖➖➖➖➖➖➖ #binance
🔥 NOW: BlackRock files for the iShares Bitcoin Managed Protection ETF under the ticker $PBIT, a “buffer” ETF trading some upside for downside protection.