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ENA Comments and Price Analysis 8 June 2025
ENA Short-Term Technical AnalysisThe descending triangle pattern has become more defined on the chart. The selling pressure from above is being met lower each time, but the lower support has still not been broken. The horizontal base at the $0.290 region forms the bottom line of the triangle. Descending Triangle The price is currently at $0.313. A rejection was seen again at the $0.321–$0.324 zone, which is the upper band of the triangle. This pattern typically breaks downward, but confirmation has not yet come.The $0.290 support has held strong so far. However, being tested multiple times means it has weakened. If this area breaks, the first technical target based on the formation could be $0.261, followed by the $0.236 region.The upward scenario should not be ignored either. Especially if there are high-volume closes above $0.321, the descending structure would be broken, and the first resistance levels at $0.344 and $0.370 could be tested.The overall outlook is under pressure. Volume is low. Price is squeezed. The triangle is nearing its end. When the breakout comes, the direction will also become clear. The $0.290 level, in particular, may play a critical role this week.
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8 Jun 2025
ETHFI Comments and Price Analysis 7 June 2025
ETHFI Technical Analysis ETHFI has recently reached a critical resistance area between $1.136 and $1.293, following its latest upward move. The current price sits at $1.174, right inside a zone that has historically acted as both support and resistance, making it a crucial level for determining the next direction. The chart clearly shows that ETHFI remains within a descending channel structure. In particular, the $1.293 level aligns with the channel’s upper boundary, creating a strong technical resistance. Unless ETHFI can maintain a breakout above this level, the risk of upward moves being capped remains high.If $1.136 fails to hold, bearish pressure could accelerate, pushing the price back down toward the $0.825 major support level. This level is significant, as it previously served as a bottom and attracted strong buying interest.On the flip side, a strong breakout above $1.293 would signal a channel breakout, potentially opening the path toward $1.859 in the short term. If bullish momentum strengthens post-breakout, the $2.673 – $3.042 zone could become the next mid-term target for ETHFI.Key Support Levels:$1.136: Immediate horizontal support. A breakdown below could trigger further downside.$0.825: Major historical support zone – previous local bottom.Key Resistance Levels:$1.293: Channel resistance. A breakout level to watch.$1.859: Potential breakout target.$2.673 – $3.042: Mid-term bullish targets if momentum sustains.Conclusion: ETHFI is trading at the upper boundary of its long-standing descending channel, with the $1.136 – $1.293 range acting as a make-or-break zone. A confirmed breakout above this range could trigger a strong rally toward $1.859 and beyond. Conversely, a failure to hold above $1.136 could invite renewed selling pressure and drive the price toward lower support levels.Traders and investors should closely monitor this zone, as it is likely to define ETHFI’s next major move.Disclaimer: This analysis does not constitute investment advice. It focuses on support and resistance levels that may present potential short- to mid-term trading opportunities depending on market conditions. However, all responsibility for trading decisions and risk management lies entirely with the user. The use of stop-loss orders is strongly recommended for any trade setup shared.
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7 Jun 2025
World Liberty Financial Partners with TRUMP Meme Coin
The Trump family's influence on the crypto scene is deepening with each passing day. This time, the spotlight is on a striking partnership personally announced by Donald Trump’s son, Eric Trump: The Trump family’s DeFi project, World Liberty Financial (WLF), has officially announced a partnership with the recently popular meme coin, $TRUMP.This move is seen as both a strategic direction for WLF and the biggest step yet for the TRUMP meme coin on its path to gaining institutional legitimacy.From Conflict to Partnership: A Tension-Filled Relationship Reaches a Turning PointThe partnership announcement came right after a recent dispute just a few days ago. World Liberty Financial had sent an official cease and desist letter to Fight Fight Fight LLC, the company behind the TRUMP token, over a separate crypto wallet project named “Trump Wallet.” Eric Trump had stated that the Trump Organization was in no way involved in the project and reacted to the unauthorized use of the brand.But today, the picture has completely changed. Eric Trump proudly announced a new partnership with the TRUMP meme coin on his social media account.“We share a greater vision for crypto, patriotism, and long-term success.”– Eric Trump Eric Trump X WLFI Adds TRUMP Token to Its ReservesThe partnership is not merely symbolic. According to Eric Trump’s statement, World Liberty Financial plans to allocate a significant portion of its long-term reserve strategy to the TRUMP token. This shows that TRUMP has the potential to go beyond being just a meme coin and find a place in institutional portfolios.Following this announcement, the price of the TRUMP token surged more than 10%, indicating how quickly and strongly investor interest was triggered. Eric Trump tagging his brothers, Donald Trump Jr. and Barron Trump, in his post also suggests that this step is fully supported within the family.The Trump Family Prepares to Go Deeper Into CryptoThis latest development shows that the Trump family continues to strengthen its position in the world of cryptocurrencies. While World Liberty Financial already stands out as a DeFi project, the partnership with the TRUMP meme coin indicates that the family’s digital strategies are diversifying.It also confirms that meme coins are no longer just community-driven projects but are becoming investment vehicles attracting institutional attention.
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7 Jun 2025
WLD Comments and Price Analysis 7 June 2025
Worldcoin (WLD) Technical Analysis WLD continues to follow a rising trend on the daily chart, but recent price action shows a pullback toward a key support zone. The current price is around $1.054, hovering near both horizontal support and the lower boundary of the ascending channel. Holding this area will be crucial for short-term bullish scenarios.The recent selling pressure has pushed WLD back to the trendline support zone. This level also aligns with the lower edge of the price channel, making it a technically and psychologically significant region. Rising Trend Key Support Levels:$1.01 – $0.972: Ascending channel lower boundary$0.858 – $0.821: Major support zone$0.715: Last defense – critical long-term supportKey Resistance Levels:$1.10 – $1.15: Immediate short-term resistance zone$1.28: Mid-channel resistance$1.40 and above: Upper levels of the price channelThe chart shows a well-respected ascending channel, and the recent pullback has brought WLD right down to its lower boundary. In such setups, buy opportunities often emerge near the bottom of the channel, while take-profit zones appear closer to the top. Hence, this area is one to watch closely for traders with disciplined risk management.If WLD can gather bullish momentum, the first upside targets would be $1.10 and $1.15. However, failure to hold this support could result in a trend breakdown, leading to deeper retracements toward $0.85 or even $0.72.Conclusion: WLD is currently at a technical decision point, testing the bottom of a long-standing ascending channel. The $1.00 – $0.97 zone may act as a key buying area. If the price rebounds, $1.15 and $1.28 could be the next bullish targets. However, a breakdown below the trendline would increase the likelihood of a prolonged correction. Both short-term and medium-term traders should keep a close eye on this level.Disclaimer: This analysis does not constitute investment advice. It focuses on support and resistance levels that may present potential short- to mid-term trading opportunities depending on market conditions. However, all responsibility for trading decisions and risk management lies entirely with the user. The use of stop-loss orders is strongly recommended for any trade setup shared.
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7 Jun 2025
TAO Commentary and Price Analysis 7 June 2025
TAO Short-Term Technical AnalysisTAO in recent weeks is neither really falling nor rising. The chart is simple but clear: this is a falling wedge. Technically, by the nature of this pattern, a breakout to the upside is expected. But it is still being waited for... because the breakout hasn't happened yet. The Falling Wedge of TAO The price is currently around $373.8. There’s an important threshold ahead: $378.5. This level is both a horizontal resistance and the upper band of the falling wedge. So if it breaks, not only will a resistance be surpassed, but the pattern will also have broken to the upside. And from that point on, the move could accelerate.If an upward breakout happens, the first target is $393, followed by the $399 – $415 range. The main target is an upward move equal to the depth of the formation; this corresponds to the $434 – $441 area. But a clear breakout is needed first.On the downside, things are a bit more critical. The $354 – $350 band is acting as a strong support. But if this zone is lost, things could turn around. In that case, the price could be pulled back to $330 and below. So both risk and opportunity are on stage at the same time.In falling wedge patterns, price gradually tightens and volume drops. This creates a “boring, directionless, indecisive” mood among most investors. But there’s something in the nature of these squeezes: the longer they last, the stronger the move that follows the breakout. That’s why TAO is increasingly approaching a breakout moment.This analysis, which does not provide investment advice, focuses on support and resistance levels that may create trading opportunities in the short and medium term depending on market conditions. However, the responsibility for trading and risk management lies entirely with the user. Also, using stop loss in trades mentioned is strongly recommended.
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7 Jun 2025
Uber Explores Payment Option with Stablecoin
Global transportation giant Uber is getting one step closer to the cryptocurrency industry. Dara Khosrowshahi, CEO of the company, said at the Bloomberg Tech Summit in San Francisco that the integration of stablecoins into Uber's payment infrastructure is on the agenda and that this issue is still in the “research phase”. Interest in stablecoins is growing: Practicality over BitcoinKhosrowshahi drew attention to the cost advantage of stablecoins, especially in international money transfers. According to the CEO, stablecoins can provide a significant efficiency boost for companies operating on a global scale by eliminating exchange rate fluctuations and brokerage costs.“Stablecoin is one of the most interesting forms of crypto that goes beyond being a store of value and provides practical utility. That's why it's really interesting for us,” the Uber CEO said, underlining that stablecoins offer a more viable option compared to Bitcoin. While Khosrowshahi acknowledged that Bitcoin can be seen as a store of value, he noted that it is not preferred as a means of payment due to its volatile nature and open future to different interpretations.Uber's interest in cryptocurrency is not new. In 2021, the company announced that they were open to the idea of paying with cryptocurrencies. At that time, Khosrowshahi stated that digital assets such as Bitcoin could be accepted as a payment method, but the company did not intend to keep these assets as treasury reserves.In 2022, the CEO of Uber stated that they would accept cryptocurrencies “definitely in the future”, but pointed out problems such as transaction costs and environmental impacts. Stablecoin wind is spreadingRecently, not only tech giants but also other financial institutions have turned to stablecoins. In May, John Collison, co-founder of payment giant Stripe, revealed in an interview with Bloomberg that the company was in early talks with banks on stablecoin integration.A similar trend is observed on the institutional side. According to a report published by Fireblocks in May, 90% of corporate actors surveyed are taking steps to incorporate the use of stablecoins into their operations. Interestingly, governments are not indifferent to these digital assets. In April, an official from the Russian Ministry of Finance publicized the idea of issuing a government-backed stablecoin. In the same month, three major Abu Dhabi-based institutions collaborated to create a new stablecoin pegged to the UAE dirham.
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6 Jun 2025
Trump Family in Crypto War: Wallet Crisis Escalates, Cease-and-Desist Letter Sent
A new crisis has erupted in crypto startups bearing the Trump family's name. Family-linked World Liberty Financial (WLFI) took action to stop a cryptocurrency wallet using the “Trump” name. Bloomberg reported on June 6 that WLFI sent a cease-and-desist letter to Fight Fight Fight LLC, demanding that they cease and desist the venture.Trump family takes action against unauthorized walletAccording to Bloomberg, WLFI sent a cease-and-desist letter to Fight Fight Fight LLC. The wallet was announced in collaboration with NFT platform Magic Eden, but did not receive any approval from the Trump family or the Trump Organization. Social media accounts promoting the project were quickly deleted, while WLFI's swift response made it clear that the project had no “official” ties.“The Trump Organization has nothing to do with this wallet,” Trump's eldest son Donald Trump Jr. said on social media on June 3, announcing that WLFI would soon introduce its own official wallet project. Eric and Barron Trump have similarly distanced themselves from the project.However, the wallet crisis has not only had legal but also economic repercussions. Following WLFI's cease-and-desist letter, the $TRUMP token, which was launched as a meme coin, lost 11% of its market capitalization to approximately $130 million. The token started trading at $9.61 after the news. However, trading volume increased 129% to more than $713 million.Fight Fight Fight LLC, the company behind the project, is best known for launching the $TRUMP token at the beginning of the year. The company is headed by Bill Zanker, a longtime friend of Trump. Zanker has previously authored Trump-themed NFT collectibles and has been at the forefront of many of Trump's digital asset projects. WLFI's “official” crypto projects include a USD1 stablecoin pegged to the US dollar and special event rewards.How is WLFI doing? As of March, WLFI had raised approximately $550 million through two public token sales. The platform has come under closer scrutiny after launching its USD1 stablecoin in May. An Abu Dhabi-based company announced plans to use the stablecoin to pay for a $2 billion investment in Binance. The Trump family holds a stake in WLFI and indirectly profits from the platform's transaction fees through a company affiliated with the US president.As we previously reported, some Democratic members of the House of Representatives and Senate have accused Trump of using his presidential position to profit financially from crypto ventures.These allegations have the potential to slow or completely halt the progress of digital asset-related bills in Congress. Bills to create a market structure framework for digital assets and regulate payment stablecoins are currently pending in the House and Senate.
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6 Jun 2025
The Fight Between Elon Musk and Donald Trump Hit the Crypto Market!
The highly publicized confrontation between US President Donald Trump and Tesla and SpaceX CEO Elon Musk has caused serious volatility not only in Washington but also in the crypto markets. In particular, Musk's outburst against Trump's controversial spending bill, dubbed the “Beautiful Bill”, led to a sharp sell-off in Bitcoin and altcoins. Spot ETF outflows, billion-dollar-plus liquidations and shaken investor confidence left markets with one of the harshest days of June 2025.A wave of selloff in the crypto market: $1 billion in liquidationsMusk-Trump tension has turned the markets upside down. The price of Bitcoin (BTC) fell by over 4% to around $100,000, while leading altcoins such as Ethereum (ETH), Solana (SOL), XRP and Binance Coin (BNB) lost between 4% and 8%. Ethereum, in particular, hit a weekly low of $2,400 after being rejected at $2,700. According to Coinglass data, $260 million worth of long positions were liquidated in ETH futures alone. The total value of cryptocurrencies dropped from $3.4 trillion to $3.3 trillion. Total daily liquidations exceeded $ 1 billion. On the Bitcoin side alone, $341 million worth of positions were closed. Most of these liquidations were due to long positions. Yesterday's $278 million outflow from spot BTC ETFs also shows that institutional investors are reacting to the uncertainty caused by the Musk-Trump conflict. Heavy accusations from Elon Musk against TrumpThe issue that sparked the tension was the giant spending bill in Congress. Elon Musk slammed the bill, arguing that it “disgraced” the US budget. Twitter founder Jack Dorsey supported Musk by suggesting Bitcoin as an alternative in this process. In his response, Trump announced that he would cancel Musk's government contracts. Musk responded to this threat by announcing that SpaceX would retire the Dragon spacecraft.But the tension did not end there. Musk signaled a new scandal by claiming that Trump was named in the Epstein documents and therefore had not released them until now. These statements shook the balance in Washington and weakened Elon Musk's position on the political front. Musk loses $27 billion, Tesla shares plummetElon Musk's harsh outbursts against Trump have shaken both his political allies and his financial power. As it is known, Musk frequently voiced his support for Trump during Trump's presidential campaign. While Tesla shares fell, Musk lost a fortune of 27 billion dollars this week alone, according to Forbes data. He is still the richest person with a fortune of 388 billion dollars.In the House of Representatives, many Republicans openly criticized Musk while supporting Trump. Texas Republican Troy Nehls lashed out at Elon, saying, “He's acting like he's out of his mind.” Florida Representative Aaron Bean, known as a DOGE supporter, described it as “two friends getting into a fight,” but his efforts to defuse the situation were ineffective.Are we entering a new period of uncertainty for the crypto sector?This conflict between Musk and Trump directly affects both the tech world and the crypto markets. In particular, Musk-influenced assets such as Bitcoin and DOGE are now more fragile due to the political winds. On the other hand, although new liquidity inflows to crypto markets are expected if the spending bill is passed, political tensions seem to overshadow investor confidence in the short term.
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6 Jun 2025
The US Seized $17 Million Cryptocurrency
US law enforcement has dealt a major blow to BidenCash, one of the dark web's best-known illegal marketplaces. According to a statement by the Department of Justice, 145 internet domains linked to BidenCash and approximately $17 million in cryptocurrencies were seized as part of the FBI-led operation.More than 15 million credit card details soldBidenCash, which has been operating since 2022, attracted attention by selling stolen credit card information, personal data and compromised login credentials on the dark web and open internet. The platform offered its users the opportunity to pay anonymously with cryptocurrency, providing both privacy and making it difficult to track. BidenCash, which is thought to have generated at least $17 million in revenue, served approximately 117,000 users.The platform also reportedly released millions of credit card details for free from time to time to expand its illegal operations. According to officials, between October 2022 and February 2023, 3.3 million credit card details were shared for free for promotional purposes. This data included highly sensitive information such as card numbers, expiration dates, CVV codes, first and last names, addresses, e-mail and phone numbers.A major operation was carried out with global cooperationThe operation was not limited to the US. In addition to the FBI, the US Secret Service, the Dutch National Police, and cybersecurity organizations such as the Shadowserver Foundation and Searchlight Cyber were also part of the operation. The 145 domains in question are currently redirected to official US government seizure pages. However, according to Arkham Intelligence data, authorities seized approximately $43,000 in Tether (USDT) assets during the operation. Although BidenCash's infrastructure was largely taken down, cybersecurity experts revealed that some domains linked to the platform are still active. Security researcher Vmprotect, using a tool called Domainhunter.pro, has identified at least seven active domains.New era against crypto-focused crimesThe year 2025 is characterized by law enforcement's tough fight against dark web and crypto-based crimes. In May, Europol detained hundreds of people in 10 different countries as part of “Operation RapTor” against the cryptocurrency-funded fentanyl trade. The BidenCash operation is seen as an extension of this global crackdown.Cryptocurrencies are frequently preferred for illegal activities due to their privacy and ease of cross-border transfer. However, as we have seen in examples like BidenCash, it is impossible to say that these illegal systems are “undetectable”.
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5 Jun 2025
Coinbase Deploys Dogecoin and XRP on Base Network
US-based cryptocurrency exchange Coinbase has launched two new wrapped tokens, cbXRP and cbDOGE, on its Layer-2 network Base.cbXRP and cbDOGE launch from CoinbaseHolders of XRP and Dogecoin (DOGE) now have access to decentralized finance (DeFi) opportunities on Coinbase's Layer-2 blockchain network Base. This is because Coinbase has launched XRP and DOGE on the Base network. These new assets are fully backed by XRP and Dogecoin (DOGE) and are stored in Coinbase's institutional wallets. With this move, the company aims to offer more cross-chain integration to the DeFi ecosystem on the Base network.According to Coinbase's official statement, users will now be able to transfer DOGE and XRP assets held in their Coinbase accounts to the Base network, where they will be automatically converted into cbDOGE and cbXRP tokens. This conversion takes place at a 1:1 ratio and can be used as ERC-20 compliant assets on the Base network. This means that users will now be able to utilize their coins, such as XRP and DOGE, which have limited use cases on traditional chains, on Ethereum-compatible DeFi protocols.“These new assets expand Coinbase's portfolio of wrapped tokens and facilitate participation in the on-chain economy through Base's open and permissionless nature,” Base's development team said in a statement following the launch.First-day data shows significant interest in the market. According to Coinbase, 2.3 million cbXRP (about $5 million) and 10.4 million cbDOGE (about $1.9 million) entered circulation within 24 hours. On-chain market capitalization of XRP. Source: BaseScan This development is a continuation of Coinbase's wrapped asset strategy launched last year. In September 2024, the company launched cbBTC, a wrapped Bitcoin, which quickly reached a market capitalization of more than $4 billion. cbBTC's success prompted Coinbase to increase its investments in this area.Following cbXRP and cbDOGE, Coinbase is preparing to launch cbLTC and cbADA. These tokens are expected to be integrated into the Base network in the near future.Base is a Layer-2 blockchain network built on Ethereum. It aims to leverage the security and decentralization of Ethereum while reducing transaction fees using Optimism's OP Stack technology.Base network is growingOn the other hand, the Base network has also been showing steady growth recently. The network, which reached a stablecoin transaction volume of $3.6 trillion in the first quarter of 2025, is among the leading Layer-2 platforms in terms of total locked assets (TVL). The number of users increased from 450,000 to 900,000 in just three months.
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5 Jun 2025
21Shares' Spot SUI ETF Application Accepted By the SEC
The U.S. Securities and Exchange Commission (SEC) has officially begun reviewing the spot SUI ETF application submitted by 21Shares. This development is being interpreted as a signal that a lesser-known yet ambitious Layer-1 blockchain like SUI is stepping onto the institutional stage—following in the footsteps of Bitcoin and Ethereum.The acceptance of the application does not mean it has been approved. However, the fact that the SEC has initiated the evaluation process already provides significant visibility for SUI. Previously, only major blockchain projects had a place in institutional investment products, but this move shows that SUI is stepping up to a new league.What Does the SUI ETF Represent?The product submitted by 21Shares is designed to track SUI tokens purchased directly from the spot market. In other words, this is not a futures-based ETF; it is an institutional investment product that provides direct exposure to the price of SUI.This detail is crucial, as the Bitcoin and Ethereum ETFs that were approved also operate as spot products—creating lasting impacts on the prices of those assets. Whether the same will happen for SUI remains to be seen in the coming period.Why Now, and Why SUI?SUI is a Layer-1 blockchain developed by Mysten Labs, known for its high transaction speed, parallel execution capability, and its architecture built using the Move programming language. In recent months, SUI has shown significant growth both in on-chain activity and in Total Value Locked (TVL). However, it is still considered a newcomer on the radar of institutional investors.This is where 21Shares’ move gains strategic significance. Leveraging its experience with Bitcoin and Ethereum products, 21Shares is now aiming to gain early exposure to rising stars like SUI by applying the same institutional framework.The SEC’s decision to review this application can be seen not just as a step forward for 21Shares, but also as a broader indication that "alternative Layer-1s" are beginning to find more space in the world of institutional investing.What Happens if the ETF Is Approved?If the SEC approves this application, it would mark a major milestone not only for SUI but for all alternative Layer-1 projects. In a landscape where only heavyweight assets like Bitcoin and Ethereum have received ETF approval so far, making room for a younger project like SUI would open an entirely new chapter.In that case:Institutional funds could directly invest in SUI,Liquidity in the spot market would increase,Price behavior could shift,On-chain activity on the SUI network could accelerate,Other Layer-1 projects might follow suit and submit similar applications.
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4 Jun 2025
AVAX Comments and Price Analysis 4 June 2025
AVAX Technical Analysis - Daily ChartAVAX is stuck between horizontal support–resistance levels after exiting the Decelerating trend structure that has been going on for weeks. It is currently trading at $20.87 and is trying to hold on just above the $20.10 support. This region is a threshold where buyers have been active recently. AVAX Current Levels The first line of defense below is $20.10. If this place breaks, there may be a gap up to the $16.76 level. $ 16.76 stands out as a critical threshold due to the fact that it is a long-term support and a previous bottom zone. Persistence below this level can accelerate the decline.In the upward movements, the first resistance is $23.09. Then, the $24.43 and $28.60 levels should be carefully monitored. It seems difficult for AVAX to start a strong trend again, especially unless there are closures above $28.60. This level was the region where the falling trend was broken, but permanence could not be achieved.In general, AVAX is moving horizontally in the short term. As long as it remains above $ 20.10, the possibility of a recovery remains on the table. However, as long as a strong momentum is not captured, upward movements may remain limited in the resistance zones.
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4 Jun 2025
EDU Comments and Price Analysis 4 June 2025
EDU Technical Analysis – 4-Hour ChartEDU, after breaking down the rising channel structure, went in search of direction in the short term. The price is currently trading at the levels of $0.1471 and quite close to the resistance of $0.1482. This was a region that used to work as both support and resistance. Therefore, the price movement that will take place here will determine the short-term direction. EDU Support and Resistance Levels In the upward scenario, closures above $0.1482 should be followed. If this level is exceeded, the first resistance will be at $0.1569, followed by the $0.1844 levels. However, as long as it remains below $0.1482, upward attempts may encounter selling pressure. Especially if $0.1569 is not passed, the rises may remain weak.Below, the $0.1400 and $0.1285 levels should be followed as support. If these regions are broken, the level of $ 0.1032, which was previously a strong buying zone, will be raised again. Under this zone, an area opens up to the $0.0931 dip level.As for the overall structure, EDU is currently trying to get out of technical printing. However, a clear fracture has not yet arrived. Although there is a desire to recover after the channel break, the resistance zones are quite strong. The levels of $ 0.1482 and $0.1569 will be decisive for the clear direction.
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4 Jun 2025
Latest Binance Announcements: Altcoin Spot Liquidity Program Announced
Cryptocurrency exchange giant Binance made a fast start to June and shared many new features and campaigns across the platform with its users. We have compiled the highlights of Binance's latest announcements, which draw attention with the diversity in investment products and measures to increase platform security.New program to increase altcoin liquidity launchedBinance aims to create a stronger liquidity environment on certain altcoin trading pairs with the Spot Altcoin LiquidityBoost Program, which will be launched on June 9. Through this program, users will be able to achieve tighter spreads, lower price slippage and an overall more efficient trading experience.Users trading as market makers under the program will benefit from two different incentive levels depending on trading volume. On a weekly basis, users whose trading volume reaches 0.5% of the volume of eligible trading pairs on Binance will receive a rebate of 0.005%, while users who reach 1.0% will receive a rebate of 0.01%.The trading pairs within the program are quite diverse. Binance has included the following spot trading pairs in this liquidity support program:INIT/USDT, EOS/USDT, HYPER/USDT, PARTI/USDT, ICP/USDT, KERNEL/USDT, CFX/USDT, W/USDT, KMNO/USDT, IOTX/USDT, ONDO/USDT, TON/USDT, FIL/USDT, WCT/USDT, BABY/USDT, SXT/USDT, SYRUP/USDT and STO/USDT. By trading in these pairs, participants will be evaluated according to their weekly market maker volumes and will be able to access favorable repayment rates. In addition, for accounts that participate in the Spot Liquidity Provider Program with this program, the more advantageous rate will apply to the pairs traded.New assets added to Binance Loans and VIP LoanBinance has added new crypto assets to its flexible rate borrowing product, Binance Loans (Flexible Rate), and VIP Loan platforms targeting high-volume users. Vaulta (A) can now be used as collateral or borrowing asset in both flexible and VIP loan products. In addition, Haedal Protocol (HAEDAL), Huma Finance (HUMA), Sophon (SOPH) and World Liberty Financial USD (USD1) have been activated in VIP Loan only.New earning opportunities in Yield ArenaThere are also innovations on the Binance Earn front. Among the campaigns within the Yield Arena, BABY Simple Earn Locked Products, offering up to 20.9% APY, and the Dual Investment June leadership program, which distributes rewards up to 3,600 USDC, stand out. In addition, flexible interest rates and bonus tiered reward systems are on the agenda for various cryptocurrencies such as ETH, USDT, USDC, FDUSD, BMT and SOPH. Locked products offer fixed-term high interest rates on tokens such as NEAR, SUI, LISTA.Some pairs are being delistedSome trading pairs that are insufficient in terms of liquidity and trading volume are being removed from the platform. As of 06:00 on June 6, 2025, trading pairs ACX/FDUSD, IDEX/FDUSD, ORCA/FDUSD, THETA/FDUSD and XAI/FDUSD will be discontinued. However, the tokens themselves will still be traded on other trading pairs.Strict control of bot usageFinally, Binance has taken a new step against bot use to maintain fairness in the Alpha program. The exchange announced that it has strengthened its risk control systems to identify accounts that use automated tools to earn Alpha Points. Users who take such actions will be banned from the program and additional sanctions may be imposed.
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4 Jun 2025
World Liberty Launches USD1 Airdrop for Early WLFI Supporters
One of the most notable developments of the day in the crypto world was the airdrop of USD1, the stablecoin of the World Liberty Financial (WLFI) project, which is known to be linked to Donald Trump. The project sent 47 USD1 tokens to the wallets of WLFI token holders who participated in the presale phase. The airdrop took place on the Ethereum network.Airdrop distribution from World Liberty FinancialWorld Liberty Fi has sent a bulk airdrop of 47 USD1 to several addresses believed to belong to early WLFI token recipients. World Liberty Financial had previously announced in a community vote that a small-scale airdrop would be conducted to test the USD1 distribution and reward investors who backed the project early on. This proposal was overwhelmingly approved by 99.96%. The vote received final approval on May 15 and the airdrop was quietly launched on June 4. Although the project did not make an official announcement, numerous users confirmed the distribution on social media.According to the cryptocurrency community, the 47 USD1 sent has not only a financial but also a symbolic meaning. The number is thought to have been chosen in reference to the fact that Donald Trump is the 47th President of the United States. USD1 is a stablecoin that was released in March 2025 and is fully backed by US Treasury bills, cash assets and short-term equivalents. USD1, which is held by BitGo, has seen significant momentum following its launch. According to DeFiLlama data, its circulating supply and market capitalization currently stands at $2.18 billion. So much so that in some periods, there were sudden increases of up to 6700 percent in transaction volume.However, the rise of the project has also brought some concerns. According to Dune Analytics data, 84.4 percent of the USD1 supply is held in only two wallets, while 9.5 percent is held in a third wallet. According to some in the community, this suggests that the token is highly centralized. It remains unclear whether these wallets belong to World Liberty Financial, investors or custodians.On the other hand, the Trump family's role in the project has also sparked public debate. The project whitepaper states that Trump and his three sons are ambassadors or supporters of WLFI. Last month, Democratic Senator Richard Blumenthal's claim that the Trump family had made “substantial” financial gains from the project was dismissed as “baseless” by World Liberty lawyers.Application filed for Trump-backed Bitcoin ETFThe airdrop news is just part of the Trump-related crypto developments. As we reported in the morning, it was announced that Trump Media & Technology Group applied for a spot Bitcoin ETF. At the same time, while rumors circulated that a product called “Official Trump Wallet” would be released, the Trump family denied these claims. A wallet thought to belong to the TRUMP meme coin project reportedly moved 4 million tokens to major exchanges.
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4 Jun 2025