Trump’s Truth Social Bets Big on Crypto with New ETFs

According to the filing, the new ETF will be called the Truth Social Bitcoin and Ethereum ETF, or B.T. for short. Because, you know, why not keep it simple? The ETF will hold a whopping 75% of its assets in Bitcoin and the remaining 25% in Ethereum. Itโ€™s like a crypto cocktail, but with a side of regulatory paperwork. ๐Ÿ“œ

Bitcoin’s Cryptic Dance: Will It Samba to $112K or Salsa Back to $100K?

On the daily chart, bitcoin (BTC) has been pirouetting between $105,000 and $107,000 following a sharp correction from a peak of $112,000 to a low of $100,426. This range-bound behavior comes with weakening bullish volume, indicating indecision among market participants. A bearish engulfing pattern combined with red candlesticks on high volume underscores the recent downtrend. However, if bitcoin breaks and closes above $107,500 with conviction, this could reignite bullish momentum, with a potential target between $110,000 and $112,000.

Whale Watching: The Shocking Truth Behind SHIB’s 248% Surge! ๐Ÿ‹๐Ÿ’ธ

These big fish, affectionately known as whales, are clearly swimming in deep waters, moving around sums that would make Scrooge McDuck blush. The IntoTheBlock chart reveals a spike in transactions ranging from $1 million to $10 million. Youโ€™d think this would signal a buying frenzy, right? Well, not so fast! The price of SHIB has been on a slow, agonizing decline, currently clinging to life at a support level of $0.00001217. Talk about a dramatic plot twist! ๐ŸŽญ

Is XRP Stuck in the Bearish Trenches? Find Out Why It Can’t Catch a Break!

Despite its futile attempts to break free and reclaim some semblance of higher ground, the charts scream “not yet, dear XRP,” with no decisive bullish structure to be found. Instead, it hovers aimlessly near key support levels, like a man whoโ€™s lost his way but refuses to ask for directions. And all this while Bitcoin continues to dominate the market like a godfather surrounded by eager sycophants. The market participants? They remain cautious, like the cautious old lady crossing the street, never quite certain when itโ€™s safe to move.

Breaking: CoinShares Jumps on the Solana ETF Bandwagon! ๐Ÿš€๐Ÿ’ฐ

Amidst all this Solana ETF frenzy, itโ€™s starting to feel like a crypto carnival. ๐ŸŽก Asset managers are lining up like itโ€™s the last day of the circus, all eager to get a piece of the Solana action. And why not? Solana (SOL) is trading around $156, and the mere whisper of an ETF approval has been enough to keep the price afloat, even in the choppy waters of market volatility. ๐ŸŒŠ