Author: Isabella Taylor

Bitcoin is now at a pivotal turning point, trading into a dense cluster of technical resistance. While momentum has favored bulls recently, confluence with several high time frame metrics suggests this may be the setup for a deeper corrective phase. Bitcoin (BTC) is currently trading at a significant resistance region, where multiple high time frame technicals converge. These include the previous point of control, the value area low of a prior range, and most notably, the 0.618 Fibonacci level, which aligns with the potential completion of a C-leg in an ABCD correction pattern. This setup gains further relevance as the…

Komal Sri-Kumar, president of Sri-Kumar Global Strategies, warned that the ongoing U.S.-China trade tensions could push the Federal Reserve towards hiking interest rates, a move that is generally seen as a headwind for cryptocurrency and other risk assets. Speaking on CNBC’s “Power Lunch” segment Wednesday afternoon, Sri-Kumar said he believes an interest rate hike is necessary as inflation risks mount. Notably, he expressed skepticism over the narrative that the trade war is nearing resolution which means the “Fed has to be vigilant”. This view contradicts the growing market expectation of rate cuts as the Fed attempts to support economic growth.…

Ledger, Mercuryo and MasterCard partnered to launch a credit card enabling users to directly spend the token balances from their Ledger hardware wallet. Ledger users will soon be able to spend their token balances anywhere in the world. On Wednesday, April 23, Mercuryo launched the Spend card, powered by Mastercard. The debit card is compatible with Ledger devices and automatically converts token balances to fiat whenever users make a card payment. What if you could spend crypto, anywhere in the world, using a card fully compatible with your @Ledger device?We’re proud to introduce the Spend card, a LEDGER™ compatible card…

Two suspects tied to a South American cargo theft ring were arrested after Los Angeles police recovered over $3.9 million in stolen goods—including $2.7 million worth of Bitcoin mining computers intercepted at LAX. Detectives from the LAPD’s Cargo Theft Unit, working with the Los Angeles Port Police and other agencies, apprehended Oscar David Borrero-Manchola, 41, and Yonaiker Rafael Martinez-Ramos, 25, following an investigation into stolen cargo linked to the South American Theft Group.  The mining equipment was recovered as it was being loaded onto a plane bound for Hong Kong. The seizure highlights the scale and sophistication of ongoing cargo…

AVAX has recently broken free from months of bearish control, showing signs of a bullish reversal that could signal a significant shift in its macro price structure. After spending a considerable amount of time under the pressure of a descending dynamic support/resistance level that has held price action down since February, Avalanche (AVAX) has now pushed through that level with strength. This move followed a confirmed swing failure pattern at the lows, a common reversal signal, and price action quickly reclaimed both the value area high and the point of control from the previous range. This sharp shift indicates a…

U.S. stocks gainedWednesday as President Donald Trump signaled a softer stance on Chinese tariffs and Federal Reserve Chair Jerome Powell, easing investor concerns that had rattled markets in recent weeks. The Dow Jones Industrial Average rose 419 points, or 1.07%, while the S&P 500 climbed 1.6%. The tech-heavy Nasdaq outpaced both, jumping 2.5%.  At one point, the Dow had added over 1,100 points before paring gains late in the session. Markets responded positively after Trump told reporters he had “no intention” of firing Powell, offering reassurance after weeks of critical comments aimed at the Fed chair. Trump also hinted at…

CRV has finally broken its 12-day sideways consolidation with a sharp move upward. A successful bullish retest of the range high could be the fuel needed for a continuation to key resistance levels. After nearly two weeks of trading in a well-defined range, Curve DAO (CRV) has made a decisive move to the upside. The range-bound equilibrium structure had been compressing price action until a recent breakout flipped the previous range high into a potential support level. This type of breakout-retest structure, if confirmed, typically signals a shift in market sentiment and opens the door for a new trend to…

The Cardano price has formed a double-bottom pattern, indicating an eventual rebound as whales accumulate.  Cardano (ADA) rose to an intraday high of $0.715 on Wednesday, its highest level since March 28 and 40% above its lowest point this month. The coin jumped as the stock and crypto markets recovered. Bitcoin (BTC) crossed the key resistance level at $94,000 for the first time in over a month. Similarly, the Dow Jones, Nasdaq 100, and S&P 500 indices rose by 1.5%, 2%, and 3%, respectively. The market reacted to a statement by Donald Trump that he was not seeking to fire…

The $TRUMP memecoin surged after organizers announced an exclusive dinner with Donald Trump for the top 220 token holders. The event is scheduled for May 22, 2025, at the Trump National Golf Club in Washington, D.C., and is open to those ranked within the top 220 by token holdings.  A sharp rise followed the announcement in the price of the TRUMP (TRUMP) token, as holders rushed to secure a spot in the top ranks. The token was trading near $9.00 but spiked to $16.03, according to crypto.news data. Source: https://trumpdinner.gettrumpmemes.com/ While an original tweet about the dinner incorrectly referenced the…

Stocks rose on Wednesday as Trump softened his rhetoric against China, announcing that he would reduce the 145% tariff on all goods. Trump’s latest moderating statements have brought relief to traders. On Wednesday, April 23, the Dow Jones Industrial Average was up 1.47% at 39,774. Still, the index fell from the daily highs above 40,000 points. At the same time, the S&P 500 was up 2.14%, trading at 5,400.74, while the tech-focused Nasdaq was up 3.09%, at 16,803.75. Trump moderates rhetoric on China, the FED Major stock indices reacted positively to Donald Trump’s latest comments on trade. Specifically, Trump said…