ENA’s rebound from the Fibonacci level of 0.618 implies a bullish final target of $2.61. Analysts predict that ENA will rebound above the $1.46 resistance level for medium- to long-term gains. Athena (ENA) The price structure showed a strong technical setup forming higher lows within a defined upward channel. This price action has caught the attention of market analysts who see potential for further upside based on Fibonacci retracement levels and key resistance targets. Technical setup indicates a bullish trend. ENA was trading at . $0.915 As of press time, 24-hour trading volume was approximately $1.24 billion, up 5.80% from…
Author: Crypto Flexs
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Key Takeaways Mark Cuban proposes a 20% float meme coin with all sales proceeds going to the US Treasury, mirroring the structure of the $TRUMP coin. Cuban acknowledges the speculative nature of meme coins and emphasizes the transparency of the project. Share this article Billionaire entrepreneur Mark Cuban has announced plans to launch a meme coin inspired by the $TRUMP token. If meme coins were the way, they would probably issue them. With a twist. terms such as $trump . 20% float. The release schedule is also the same. There is one difference. All proceeds from coin sales go to…
Crypto analysts expect the January 20 inauguration event to be primarily celebratory and pricing rather than market-moving. Donald Trump’s inauguration ceremony has sparked lively debate across the cryptocurrency community, with market experts weighing in on whether the inauguration event will trigger price movements for major digital assets. Ahead of the surprise launch of the Solana-based official TRUM meme coin, industry experts took a conservative stance. Well-established digital assets such as Solana, Bitcoin, and XRP have seen impressive gains following Republicans’ victory over Democrats. Experts attribute this surge because the cryptocurrency market has already priced the inauguration. Minimize movement due…
Bitcoin (BTC) hit a record high of $109,321 on January 20, driven by expectations of a cryptocurrency-friendly government from US President Donald Trump. The optimism comes from campaign promises for regulatory clarity and the appointment of cryptocurrency advocates to key positions.Bitcoin derivatives demonstrate moderate risk appetite in bull markets.Despite the price surge, sentiment among Bitcoin whales and market makers remained stable. Derivatives data showed there was little confidence in further gains beyond $110,000, at least in the short term.Annual premium for Bitcoin 2-month futures. Source: Laevitas.chThe Bitcoin futures premium over the spot market on January 20 rose to 14% from…
Coin speaker Gensler’s SEC Exit Shocks Markets: A Crypto-Friendly Era on the Horizon? Gary Gensler, the 33rd Chairman of the Securities and Exchange Commission (SEC), officially resigned today, January 20th. This ends a term filled with controversy and significant regulatory action. Gensler, who took up the role in 2021, leaves behind a legacy of major reforms and strict enforcement in the cryptocurrency sector. “Today is Chairman Gensler’s last day before the Securities and Exchange Commission,” other SEC members said in a statement Monday. SEC members expressed their appreciation for Gensler’s leadership and noted his efforts to strengthen the resilience and…
Traders are looking for more Trump-branded memecoins after President Donald Trump’s eponymous token briefly surpassed $80 billion in fully diluted value (FDV) just one day after its launch on January 18. Discovering the next official Trump coin means sifting through dozens of fake coins. So far, only the official MELANIA token referencing First Lady Melania Trump has been approved by the Trump family. As of January 20, it had fallen back below $6 billion before hitting an FDV of around $14 billion, according to CoinMarketCap.Meanwhile, numerous unofficial clones bootstrapped hundreds of millions of dollars in market capitalization before collapsing. One…
The world of digital finance is constantly evolving, VPTrade It has established itself as a notable platform for traders seeking a balance between innovation and accessibility. Headquartered in South Africa, VPTrade offers a variety of tools and features designed to accommodate both beginners exploring trading for the first time and experienced investors looking to improve their strategies.What makes VPTrade worth exploring is its focus on integrating advanced technology with a user-friendly design. The platform provides access to a variety of markets including forex, stocks, cryptocurrencies and commodities, giving traders the flexibility to diversify their portfolios. VPTrade also emphasizes security and…
While the general cryptocurrency market is making a strong comeback, Ethereum It gained traction as it demonstrated a bounce from the $2,900 threshold. With gains of over 10% over the past few days, ETH continues to maintain its position as a leading cryptocurrency asset that could witness significant growth in an ongoing bull cycle. Building strong momentum for Ethereum Ethereum’s price action shows that the digital asset is poised to extend its recent upward trend. Rose Premium Signals, a technical analysis platform that examines ETH’s recent performance quote This is a bullish chart pattern that could boost altcoins to higher…
Coinbase, America’s leading cryptocurrency exchange platform, has added President Donald Trump’s official memecoin to its listing roadmap. Coinbase announced in a post on social media platform Its addition to Coinbase’s listing roadmap means the cryptocurrency exchange is considering supporting the asset in the future. Coinbase uses a listing roadmap to prevent insider trading and pre-running of tokens before they are listed. TRUMP is trading around $58.45 after a parabolic rise since launch. According to data from CoinGecko, TRUMP’s fully diluted valuation (FDV) reached approximately $68 billion just a few days after its inception. TRUMP launched on the Solana (SOL) blockchain…
The price of Solana (SOL) hit an all-time high of 0.0936 against Ethereum (ETH) on January 19, before retracing the current level of 0.0769.SOL’s recent impressive performance can be attributed to increased interest in Solana thanks to the memecoin associated with US President-elect Donald Trump’s official TRUMP (TRUMP), leading to a surge in price and trading volume. relevant: Donald Trump’s memecoin fell 38% after his wife Melania launched the token.Moreover, the Solana Network’s total locked value (TVL) surpassed $10 billion for the first time since November 2022 and reached an all-time high of over $12 billion.SOL/ETH daily chart. Source: Cointelegraph/TradingViewSolana…