Finanzmittel Info + Krypto + Geld + Gold
Krypto minen, NFT minten, Gold schürfen und Geld drucken
Laut Santiment hat das Verhältnis zwischen bullischen und bärischen Bitcoin-Kommentaren in den sozialen Medien einen Drei-Wochen-Höchststand erreicht, da die Händler optimistischer werden, dass Bitcoin die Marke von 110.000 US-Dollar überschreiten wird.
BONK, the meme coin built on the Solana blockchain, has jumped nearly 60% over the past seven days, driven largely by market sentiment and speculation surrounding potential ETF-related demand.
With BONK breaking out of a long-term technical pattern and momentum indicators flipping bullish, traders are now watching closely to see whether the rally can push past a key resistance level at $0.00002840.
A potential Golden Crossover between two important moving averages is also forming on the daily chart, raising hopes of a sustained breakout if the signal is confirmed.
However, BONK is now trading at $0.00002128, down 5.95% in the last 24 hours.
BONK has officially broken out of a falling wedge pattern that has been forming over the last year on the daily timeframe.
The breakout was confirmed when the price surged past $0.00001550, a key level that had previously held the coin in a downward compression between lower highs and flat support.
Currently, BONK is consolidating near $0.00002203. Immediate resistance sits at $0.00002389, with another critical zone between $0.00002577 and $0.00002840.
The absence of strong resistance between $0.00002840 and $0.00003670 makes this zone a potential price vacuum should buyers break above current ceilings.
However, traders remain cautious. A reversal below $0.00001806 could indicate a loss of breakout momentum, while a drop under $0.00001435 would nullify the wedge breakout entirely and bring the previous bearish structure back into focus.
Speculation around BONK’s potential inclusion in future crypto ETF portfolios has contributed significantly to the recent price surge.
While no official confirmation has emerged, BONK has re-entered the conversation as institutional interest grows around meme coins and altcoins with high liquidity and community traction.
Social media discussions have been instrumental in amplifying the narrative, with investors pointing to BONK’s strong fundamentals on-chain.
The meme coin’s trading volume has increased in tandem with positive netflows, reflecting growing demand across centralised and decentralised exchanges.
Data from Arkham shows a prolonged period of negative netflows for BONK over the last year.
This suggests that more tokens are being withdrawn from exchanges than deposited, a typical sign of accumulation.
While the trend has moderated in the last 30 days, it remains negative, indicating neutral-to-bullish positioning.
The reduced exchange supply could play a major role in sustaining upward pressure, particularly if new demand continues to arrive on the back of speculative interest or positive technical developments.
The supply squeeze narrative has gained traction on platforms like X, where some users argue BONK may be gearing up for a sharp move once resistance levels are cleared.
One of the more significant developments on the BONK chart is the near-confirmation of a Golden Crossover.
This occurs when the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, typically considered a bullish signal in technical analysis.
The Elder Ray Index, which measures bull and bear power by comparing price against a moving average, has also flipped into positive territory.
This suggests buyer strength is currently dominant over selling pressure, supporting the idea that bulls have regained control.
At the time of writing, BONK’s structure supports continuation if it can break above $0.00002577 and hold the gains.
Any rally past $0.00002840 would likely open the path to $0.00003670, as the price moves into a zone with few historical resistance points.
However, failure to maintain support above $0.00001806 could signal weakening momentum.
If BONK slides below $0.00001435, it may re-enter the bearish wedge structure it recently broke out from.
The post BONK price up 60% in 7 days: can the meme coin go higher? appeared first on CoinJournal.
Ripple has appointed the Bank of New York Mellon (BNY Mellon) as the primary custodian for reserves backing its US dollar-pegged stablecoin, RLUSD.
The partnership, announced Wednesday, aims to strengthen regulatory compliance and institutional credibility for Ripple and its stablecoin product.
BNY Mellon, the oldest bank in the United States and a major provider of financial services to institutional clients, will facilitate the movement of reserve assets and cash to support RLUSD conversions.
The arrangement marks a significant development in Ripple’s stablecoin strategy, which launched in December 2024.
“As primary custodian, we are thrilled to support the growth and adoption of RLUSD,” said Emily Portney, global head of asset servicing at BNY. “We are proud to be working closely with Ripple to continue propelling the future of the financial system.”
The collaboration between Ripple and BNY Mellon reflects a broader trend of traditional financial institutions entering the stablecoin space.
This wave of engagement, dubbed “stablecoin summer” by CNBC, is gaining momentum amid shifting regulatory dynamics in the US.
The Trump administration is rolling back restrictive crypto policies from the Biden era, while the Senate recently passed the GENIUS Act to set guardrails for US dollar-pegged stablecoins.
This regulatory clarity is attracting major corporate players. Amazon and Walmart are said to be exploring stablecoin initiatives, while companies such as Uber, Apple, and Airbnb are also reportedly assessing similar possibilities.
Stablecoins, which are digital tokens pegged to assets like the US dollar, aim to combine the speed and efficiency of blockchain networks with the price stability of fiat currencies.
Their growing appeal among institutions underscores their perceived utility in modernizing financial infrastructure.
In addition to securing BNY Mellon as a custodian, Ripple recently applied for a US national banking charter and a Federal Reserve master account.
If approved, this would enable Ripple to hold RLUSD reserves directly with the central bank and integrate more deeply into the US payments system.
Ripple, founded 13 years ago, is best known for its cross-border payments platform serving banks, payment providers, and other financial institutions.
While its operations are largely international, the RLUSD launch represents a strategic move to expand its US footprint.
BNY Mellon’s involvement in crypto dates back to 2021, when it established a digital assets unit focused on servicing bitcoin and other cryptocurrencies.
The bank’s custodial partnership with Ripple is its latest step in supporting the broader digital assets ecosystem.
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Die Anhörung findet statt, nachdem der US-Senat ein Gesetz zur Regulierung von Stablecoins verabschiedet hat und die republikanische Führung des Repräsentantenhauses angekündigt hat, ab Montag über drei Gesetzentwürfe zu diskutieren.
Key takeaways
The cryptocurrency market has resumed its upward rally following a poor start to the week. Bitcoin is trading above $109k once again, while Ether has crossed the $2,600 resistance level.
Chainlink’s LINK is one of the top performers among the leading 20 cryptocurrencies by market cap and looks set to rally higher in the near term.
LINK, the native coin of the Chainlink ecosystem, has been accumulating over the past few weeks. The accumulation comes despite Chainlink’s recent partnership with Mastercard and other protocols integrating its various products.
The coin has been trading between $12 and $14 over the last few weeks. However, the long period of accumulation could suggest a breakout soon, with many analysts expecting it to hit the $17 mark soon.
The LINK/USD 4-hour chart is bullish and efficient thanks to its ongoing rally. The pair is also efficient after LINK swept liquidity around $12.8 over the weekend, suggesting that the bulls are preparing for another leg up.
The Relative Strength Index (RSI) of 64 indicates buying pressure for LINK, while the MACD lines in the positive zone also show that the bulls are in control.
If the rally continues, LINK could test the first major resistance level at $15.7 in the coming hours or days. An extended bullish period would allow LINK to trade around the $17.9 resistance level for the first time since May.
However, LINK would need the help of the broader crypto market if it intends to break above the January high of $26.
The TLQ at $12.6 provides very strong support for LINK, and the bulls would likely defend this level if the market turns bearish. Failure to defend the $12.6 support level could see LINK retest the June low of $10.9.
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