Check out this chart from MacBTC 📊. PENGU’s been chillin’ beneath a major resistance zone for a hot second, but now it’s breaking free 🚀. The momentum indicators are all like, “Hey, we’re good to go!” and the rising RSI on the 3D chart is all, “Yaaas, let’s do this!”
ICO. Just saying it gives me the cold sweats. Remember 2017? The wild west of cryptocurrencies, where every altcoin promised you the moon and delivered, well, a hard kick instead. 🚪🔥 While some people are optimistic about ICOs making a comeback, others have the foresight of a raccoon on a break. 🚧 They’re calling it the “bubble” renaissance, all while comparing it to the Bitcoin treasure hunt that’s still going on.
Not content with just boosting PENGU, Sun also shared some “hot” TRON gossip: measures to lower gas fees and make the TRON network more competitive. Talk about multitasking! 💼💥
But let’s not get too comfortable, folks. This week is shaping up to be a rollercoaster ride as the U.S. releases its consumer price index data and the earnings season kicks off. And if that’s not enough excitement for you, U.S. politicians are having their very own Crypto Week, where they’ll be discussing the GENIUS Act, the CLARITY Act, and an anti-CBDC bill. Because what else do you do with your time in Washington, D.C., if not argue about digital money? 🏛️💰
New licenses, stablecoin approvals, and early compliance trends hint at how the bloc’s ambitious regulatory experiment is unfolding.
But fear not, for the Pi token stands firm at the critical $0.40 support level, like a sturdy Cossack at his post. This is especially noteworthy, considering the network plans to unleash a whopping 276 million PI tokens between June 28 and July 15, 2025. Yet, the price remains steadfast, a testament to the token’s resilience.
According to him, Bitcoin’s climb to new highs is the result of a “supply shock” triggered by growing demand from large-scale investors. The launch of spot ETFs and the increasing number of companies holding BTC in their treasuries have opened the floodgates for mainstream capital, Reeves explained. As new financial vehicles bring trillions of dollars closer to Bitcoin, he said, it’s only natural for the price to move upward. 💸📈
The Chaikin Money Flow (CMF) for Pi Coin has taken a nosedive, with the indicator currently below the zero line, indicating that outflows are dominating inflows. This decline signals that Pi Coin holders are actively withdrawing their holdings to prevent further losses. The CMF has hit a monthly low, showing that the sentiment towards Pi Coin is turning bearish.
As chronicled by the astute ShayanMarkets, let us delve into the chronicles of our daily chart. Recently, the valiant Ethereum has witnessed an influx of buying zeal, daringly leaping over the once-daunting fortress that was the $2.8K resistance— a towering obstacle holding steady for many moons. This triumphant breach has resulted in the crafting of a higher high, indicating a delightful shift toward the bullish landscape of our times.
Meanwhile, across the pond, the UK is like, “You know what? Let’s throw some digital assets in the mix with traditional finance!” Oh, Europe’s MiCA framework? It’s rolling out too, like a fancy new shoe line that nobody actually knows how to wear properly.