ApeCoin’s ApeChain Announcement
ApeCoin has announced the launch of a new blockchain, “ApeChain,” to expand the Bored Ape Yacht Club ecosystem. The initiative aims to further incentivize developers and NFT holders in the BAYC community. Aiming to support community-driven projects, ApeChain plans to further accelerate BAYC’s growth.
Ripple and SEC Lawsuit
Despite its latest victory in its ongoing legal battle with the SEC, Ripple is facing a new appeal. Judge Torres stated that XRP is not a security when sold to individual investors, but it would be considered a security in institutional sales. The SEC has filed an appeal to challenge that decision, and Ripple has stated that they are confident in the outcome.
Polygon’s Migration from MATIC to POL
Polygon has begun the process of converting its MATIC token to POL. POL is designed to provide greater scalability across the network and enhanced staking and governance features. This transition aims to support growth across the Polygon ecosystem and facilitate token holders’ participation in various blockchain activities.
Robinhood’s $3.9 Million Settlement
Robinhood has agreed to pay a $3.9 million fine from the U.S. Financial Conduct Authority (FINRA) for failing to exercise adequate due diligence in customer options trading. The settlement is seen as a step toward addressing regulatory concerns over the platform’s trading practices.
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BITCOIN (BTC)
BTC is priced at $57,200 as of the morning hours, with a 1.32% loss in value. An increase of up to $60,000 was achieved, but it could not be sustained. It broke the $59,000 level downwards again. The first support zone is 54,500. The resistance level is now 57,400 as a strong resistance zone. With the breaking of this zone, an increase of up to $62,000 can be seen.
ETHEREUM (ETH)
As of the morning hours, ETH is priced at $2410 with a 1.66% loss in value. There was an increase from $2570 to $2820. Permanence could not be achieved at this level. There was a decrease to $2306. If a breakdown occurs below the $2300 level, pullbacks to $2185 may be seen. If $2500 is broken upwards, pricing to $2800 may be seen.
RIPPLE (XRP)
XRP is priced at $0.5530 with a 0.88% loss in value as of the morning hours. Permanence above $0.55 seems to have been achieved. A pullback to $0.5322 has occurred. In pullbacks, a pullback to $0.52 may now occur. If pricing above $0.55 continues, increases to $0.60 may be seen.
AVALANCHE (AVAX)
AVAX is priced at $21.83 with a 0.33% loss in value as of the morning hours. There is pricing below $22 again. With the reaction it will receive from the $20 region, an increase of up to $25 may occur. If the pullback deepens, the price may go up to $20.
SOLANA (SOL)
SOL is priced at $132.35 with a 0.96% loss in value as of the morning hours. There was another pullback from $162 to the $127 area. If it reacts from this level, a rise to $137 may occur. If the pullback continues, the $115 area looks strong.
OUNCE GOLD
As of the morning hours, ounce gold is priced at $2502 with a 0.23% increase in value. After the ATH was renewed, prices below $2500 were seen. $2505 is now our first resistance zone. If there is a break above this level, ATH can be renewed again. The $2470 and $2465 range seems strong as strong support in pullbacks.
OUNCE SILVER
Silver is priced at $28.32 with a 0.18% increase in value as of the morning hours. A break of 29.10 occurred and a retest was given. In the continuation of the rise, an increase of up to $30.73 may occur. In pullbacks, 27.50 and 27.20 appear to be strong supports.
