The Crypto Express

Aave DAO proposes a $50 million annual Aave buyback plan

#FLOW/USDT BUY SETUP FLOW is rebounding from the support trendline of the falling wedge pattern. A solid breakout above the wedge will confirm a strong bullish rally ahead. 🚀

JUST IN: 🇷🇺 Russia’s Finance Ministry and Central Bank agree to legalize crypto payments for foreign trade

JUST IN: 🇯🇵 Japanese gaming firm GUMI Inc. to join SBI Group and Ripple in the PIPE for Evernorth’s $XRP treasury business.

JUST IN: 🇭🇰 Hong Kong approves first spot Solana $SOL ETF.

#BTC/USDT ANALYSIS Bitcoin is consolidating within the ascending broadening wedge pattern and currently trading above the support trendline. The Ichimoku Cloud is acting as a strong support, indicating bullish strength. A bounce from this level is likely, while a breakdown below the wedge would signal a potential downward move.

#ALTS MARKET CAP ANALYSIS The ALTS market cap is gaining momentum and currently trading just below the horizontal supply zone of the ascending triangle pattern. The Ichimoku Cloud is acting as strong support beneath the pattern, indicating underlying strength. A solid breakout above the pattern will confirm a bullish rally across the altcoin market.

#ETH/USDT BUY SETUP ETH has broken out of the symmetrical triangle pattern with strength. The Ichimoku Cloud is acting as a solid support, reinforcing bullish momentum. A successful retest of the breakout level will confirm the setup and could trigger a strong bullish rally. 🚀

#ETH/USDT ANALYSIS ETH is consolidating within the symmetrical triangle pattern while trading inside the Ichimoku Cloud. A solid breakout or breakdown of the pattern will be key to confirming the next major directional move.

#BTC/USDT ANALYSIS Bitcoin is facing rejection from the resistance trendline of the descending channel, with the Ichimoku Cloud acting as a resistance barrier above the price action. It’s crucial to wait for further price action developments to confirm the next directional move.

#BTC DOMINANCE ANALYSIS BTC Dominance is consolidating within the ascending triangle pattern, currently attempting to break the horizontal supply zone while trading inside the Ichimoku Cloud. A breakout above the pattern will confirm an upward movement, whereas a rejection from the supply zone could lead to a pullback or continued consolidation within the pattern. It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.

JUST IN: Evernorth, backed by Ripple, plans Nasdaq listing to raise over $1 billion for building the largest publicly traded $XRP treasury.

JUST IN: 🇺🇸 White House Advisor Hassett says government shutdown likely to end sometime this week.

BitMine's ETH holdings reached 3.24 million after acquiring 203,826 tokens over the past week.

Greenlane Holdings announces $110M private placement to initiate Berachain treasury strategy #BERA

#STRK/USDT BUY SETUP STRK is rebounding from the lower boundary of the rectangle consolidation zone. A solid breakout from this accumulation phase will confirm a strong bullish rally. 🚀

Strategy has acquired 168 BTC for ~$18.8 million at ~$112,051 per Bitcoin.

VanEck has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the “VanEck Lido Staked ETH ETF.” This fund aims to provide investors with regulated exposure to Ethereum staked via the Lido protocol (stETH). If approved, it will become the first U.S. ETF referencing stETH.

BlackRock UK Bitcoin ETP starts trading in London after FCA eases crypto ban.

#BTC/USDT ANALYSIS Bitcoin is rebounding from the support trendline of the descending channel and currently trading below the channel’s resistance trendline. The Ichimoku Cloud is acting as a resistance barrier above the price action. A solid breakout above both the channel and the cloud will confirm a bullish rally.