CRYPTOLOGY

#BTC UPDATE: As mentioned in the yesterday update that BTC needs a weekly closure at-least above the 60k level to give bullish momentum and the same thing happened BTC give a closure above 60k. And BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels are the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC. Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.

#BTC UPDATE: BTC is currently at very crucial demand zone the 60k level is the strong support level for the BTC which it needs to hold in order to give reversal from here. If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k. Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level. For the BTC to give the bullish momentum in coming days it needs a weekly closure above the 62k level. As today we have weekly closure volatility is expected we need a closure above 60k at-least for the reversal from here in the coming week if not then we may see a choppy price action.

🚀 Paragraph Rockets with $5M and Mirror Acquisition! 💰 Web3 publishing startup Paragraph has just secured a whopping $5 million in funding, spearheaded by Coinbase Ventures and Union Square Ventures. But that's not all – they've also taken the reins of the popular Mirror blogging platform! ➡️ Mirror Merges with Paragraph Founded in 2020, Mirror made waves with its crypto-centric publishing tools, empowering writers with decentralized storage, crowdfunding, and NFT capabilities. Now, under Paragraph's guidance, Mirror's product, design system, and brand will reach new heights. 🌐 Onchain Publishing Powerhouse Launched in 2021, Paragraph has been making waves of its own by enabling creators to monetize through newsletters and on-chain social features. With this latest development, founder Colin Armstrong is eager to accelerate their mission and empower even more creators. ⚡️ Business as Usual for Writers If you're a writer or publisher on Mirror or Paragraph, fear not! The blog assures that there will be no immediate changes. Your content will remain intact, and you'll still have access to the familiar publishing tools you know and love. 🌍 A Future Where Onchain is the Norm Armstrong is thrilled to lead his talented team toward a future where onchain technology becomes the standard for content creators worldwide. This partnership marks an exciting step forward in realizing that vision. 🟢 With this stellar investment from Coinbase Ventures and the Base Ecosystem Fund, the future of onchain publishing looks brighter than ever. As Base CEO Jesse Pollak puts it: "Let's bring even more creators onchain!"

🐟 Introducing FISH PreSale - The next 1B pet on $SOL. The memecoin with utility. 🐟 💎Symbol: $FISH 🔗 𝐒𝐄𝐍𝐃 𝐒𝐎𝐋 𝐡𝐞𝐫𝐞: 8UL2JxhNyGiFbrY9NSPSDYEAktTcAQ68LsE3vkL3hpJr 🌈Presale is avalaible for 48hours till 3 May 2 22:00UTC Only send from personal wallets, NOT FROM EXCHANGE ACCOUNTS. Funds sent from exchange accounts CANNOT AND WILL NOT be refunded. 🗝 𝐑𝐨𝐚𝐝𝐦𝐚𝐩: 1️⃣Launch of the $𝐅𝐈𝐒𝐇 𝐭𝐨𝐤𝐞𝐧 & 𝐭𝐡𝐞 𝐅𝐈𝐒𝐇𝐄𝐑𝐌𝐀𝐍 NFT collection 2️⃣ $𝐅𝐈𝐒𝐇𝐓𝐎𝐖𝐍 - A platform tailored for the usage of storysharing and story creations within the universe of the $FISH token - posting will be encouraged through airdrop boosts and interactions with posts will also unlock multiple benefits for active users. Story writers & readers can donate $FISH if they consider the story to be funny, interesting, or helpful, with 100% of the donation going to the creator - all posts will be anonymous, creating a 4chan-esque feeling to it 3️⃣ The "𝐅𝐞𝐞𝐝 𝐭𝐡𝐞 𝐅𝐢𝐬𝐡" mechanism - Purchase of the $FISH token will be possible through the medium of ANY shitcoin/memecoin from the SOL ecosystem. The mechanism will function as follows: you spend your purchasing tokens and in their stead receive $FISH tokens, in a locked format, with increasing APY % based on amount of time locked within the fed fish 4️⃣ Launch of the 𝐅𝐢𝐬𝐡𝐢𝐧𝐠 𝐑𝐨𝐝 𝐍𝐅𝐓 collection (MVP collection) 5️⃣ Launch of the 𝐋𝐀𝐊𝐄𝐏𝐎𝐎𝐋 𝐩𝐫𝐨𝐭𝐨𝐜𝐨𝐥 - this will be an ecosystem reward mechanism through which holders of $FISH tokens as well as the different NFTs from our ecosystem will be made eligible to receive free airdrops & allocation (the concept of fishing tokens from the lake) from projects that will launch (or projects that have partnered with the ecosystem) through the Lakepool. 🟰Tokenomics: 10% AirDrop ➰ 10% Presale〰️ 80% LP💣 🌐Socials: •𝕏/Twitter https://x.com/fishthecoin •Telegram (chat only): https://t.me/fishofficialchat •Website: https://fishtown.world

Nuklai printed 30X for my frens & I on the first listing. Can a real RWA project surpass this? I put out quite a number of Tweets about Nuklai and now I found another project from AllianceBlock. The project is called Arkefi . A RWA project that allows you to earn money on luxury items. And most importantly, they already have a working product! (unlike 99% of RWA projects). Today they announced TGE prep. There's a good chance you'll catch the first carriage and get the drop Follow Arkefi page for details!🍷.

🚀 Crypto Warrior John Deaton Supports Coinbase in SEC Battle: Tensions Rise! 💼 As the Massachusetts senate race heats up, John Deaton, the crypto-savvy attorney vying for Elizabeth Warren's seat, is making waves in the digital asset world. Today, he's set to file an amicus curiae brief backing Coinbase in their ongoing tussle with the SEC. 🟢 With Coinbase accused of flouting securities laws, they're fighting back with an interlocutory appeal. Deaton's timely support comes as no surprise, given his recent criticism of the government's heavy-handed approach to crypto regulation. 📝 While details of Deaton's brief remain under wraps, insiders suggest he'll take aim at the SEC's inconsistent stance on whether digital assets are securities. In a tweet, he called out the "plain dumb" argument that Bitcoin lacks an ecosystem and therefore isn't a security. 🔥 This legal boost for Coinbase adds fuel to the fire of debate surrounding digital assets. On one side, Warren continues her push for stricter regulations like the DAAMLA, while Deaton and others question whether regulators truly understand this rapidly evolving space. 🤔 As these legal battles rage on, it remains to be seen how they'll shape the SEC's future stance on cryptocurrencies. One thing is clear: with Deaton in the ring and Warren's regulatory zeal, this fight is far from over!

#Matic UPDATE: Matic is currently facing strong trendline resistance on daily can be good to accumulate in the rectangular region marked in the chart. As Matic is currently it is facing resistance on daily time frame for the bullish momentum it needs a successful breakout. For the Matic to continue its bullish momentum it should hold the key level of $0.5850

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🔍 IRS Investigation Chief Expects Surge in Crypto Tax Evasion Cases 💡 Crypto Crimes on the Rise, IRS Ready to Take Action Guy Ficco, the head of IRS Criminal Investigation, has sounded the alarm on a growing wave of tax evasion in the world of digital currencies. Speaking at a recent event, Ficco expressed concern over the escalating number of crypto-related tax violations and assured that the IRS is fully equipped to tackle this issue head-on. 📈 Shift in Focus: Pure Crypto Tax Offenses While crypto has long been associated with larger fraud cases, Ficco highlighted a new trend: an increase in pure crypto tax crimes. This includes offenses like failing to report income from crypto sales or manipulating the true value of digital assets. Ficco expects this category, known as "Title 26 crypto cases," to dominate this year's investigations. 🤝 Partnerships for Enhanced Enforcement To stay ahead of tech-savvy tax evaders, the IRS is teaming up with blockchain analytics firms like Chainalysis. This collaboration arms investigators with powerful tools to trace complex transactions and unravel the often opaque world of crypto ownership. By leveraging these technologies, the agency aims to detect and address tax violations more efficiently. 💰 Crypto's Role in Seizures and Investigations Ficco also highlighted the significant impact of crypto in some of the largest seizures ever conducted by the US government. With the IRS Criminal Investigation division at the forefront, these efforts demonstrate a commitment to cracking down on financial crimes involving digital currencies.