The total altcoin market index is squeezing tightly inside a symmetrical triangle, bounded by descending resistance from $255B and rising support from $189.6B. Key Levels to Watch: • Bullish Trigger: A confirmed breakout above $229B targets $233B, with the structural triangle top sitting at $237B. • Bearish Risk: A break below $221B risks a retest of $217B, with critical trendline support at $213B. With price trapped between tightening bounds, waiting for structural confirmation at the breakout limits exposure to range chop. #Altcoins #CryptoAnalysis #TechnicalAnalysis #BinanceSquare #strategyinvest
Kraken's parent company, Payward, has agreed to acquire Lithuania's Saldo Bank.
This could be a significant step towards crypto companies offering traditional banking services rather than relying on banks for access to the financial system.
The line between TradFi and crypto is getting thinner.
The real question: Will crypto companies become the banks of tomorrow, or will traditional banks adapt and fight back?