Cryptosanders👑

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace. Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday. bitcoin rose to its strongest point since June 7, when it peaked at 27,402. it appears that today’s rally coincided with the relative strength index (RSI) also breaking out of a ceiling of its own at the 50.00 mark. Price strength now stands at 51.71 with the next visible resistance level at 57.00. In the event bulls are able to send the index to this point, there is a good chance that BTC will be above 28,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/h3pBs9dT-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also rebounded strongly to start the weekend, days after falling to a three-month low Following a low of 1,653.17 on Friday, ETH/USD raced to an intraday peak at the 1,766.76 level earlier today. ETH fell to a bottom at 1,620 on Thursday, which was the weakest point that the price had hit since March 13. a breakout of the RSI was one of the triggers of the move, with price strength climbing past a ceiling of 41.00. The index is currently at a reading of 43.79, with the next resistance level at the 50.00 mark. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/29NNsXnf-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) surged on Saturday, as bulls of the cryptocurrency moved to buy the recent dip in price. BTC/USD rose to a high of 26,769.39 to start the weekend, which comes less than a day after trading at a low of 25,245.36. The move pushed the price to its highest point since May 8, a day when the price was at a peak of 26,820. Looking at the chart, the rally came when the 14-day relative strength index (RSI) finally broke out of a key ceiling at 43.00. the index is tracking at 50.55, which is close to a new resistance at the 51.00 level. Traders are likely targeting the 27,300 level and could hit this if the momentum continues to be bullish this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/lUguSKpY-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American subsidiary.

BTC, ETH Remain Oversold Ahead of Today’s Fed Rate Decision Bitcoin fell below a key resistance level on Wednesday, as markets prepare for the upcoming U.S. Federal Reserve interest rate decision. It is expected that the Fed will keep interest rates unchanged at 5.25%. Ethereum remained below $1,800 in today’s session.

Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) moved marginally higher, however, it continued to trade below 1,800. ETH/USD jumped to a high of 1,757.89 earlier in today’s session, which comes a day after the price was at a bottom of 1,723.09. The latest surge came as bulls took charge at a floor of 1,730, with the RSI bouncing from a floor of its own at 38.00. price strength is tracking at 39.33, with the next visible point of resistance being 43.00. Should the index move beyond the aforementioned ceiling, there is a strong possibility that ETH will climb to 1,800. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSD/1sCB9BDg-ETH-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ahead of the upcoming inflation report in the United States, bitcoin (BTC) moved back above the 26,000 level. Following a low of 25,686.04 to start the week, BTC/USD raced to a peak of 26,261.14 earlier today. The move saw Bitcoin near a recent resistance level at 26,300, one of the last hurdles stopping bulls from moving toward 27,000 In order to get towards this level, a ceiling on the relative strength index (RSI) will also need to be broken. 47.00 level on the indicator, and as of writing, price strength is currently tracking at 44.02. The 10-day (red) moving average will need also to shift course, and divert away from its current downward path. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/qLilLIZj-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Former SEC Official Predicts Impending DOJ Indictment Against Binance Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed to various indicators suggesting potential criminal charges in his recent statement.

Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote.

If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value by 14%. The data also indicates that if Microstrategy had invested in ethereum (ETH) instead of BTC, the company’s portfolio would have increased by 54%.

Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’ Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should be treated with nuance.

Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge’s ruling that the Ooki DAO is a “person” under the Commodity Exchange Act sets a new legal precedent. This decision could be quite significant as it’s the first ruling to establish the legal status of DAOs and their accountability under the law.

SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum has been withdrawn from exchanges, with data revealing that nearly $996 million worth of ETH and BTC has been removed from centralized trading platforms.

Economist Jim Rickards Predicts Unveiling of New BRICS Currency — Says ‘the World Is Unprepared for This Geopolitical Shock Wave’ Jim Rickards, an economist and the author of “Currency Wars,” has predicted the unveiling of a new BRICS currency, stating that it “could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency.” Emphasizing that “The process by which this will happen is unprecedented, and the world is unprepared for this geopolitical shock wave,” he noted that “The BRICS+ present a realistic effort to de-dollarize global payments and eventually global reserves.”

Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities laws violations. In other news, crypto firm Robinhood has decided to delist multiple popular crypto assets in the wake of the SEC’s latest barrage of red tape. This and more just below, in the latest Bitcoin.com News Week in Review.

Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different approach. Rather than focusing on short-term gains, some crypto proponents are playing the long game, undeterred by regulatory pressure and steadfast in their decision to hold onto their investments.

European Consumer Organization Calls for Curbing Crypto Promotion on Twitter, Tiktok BEUC, the European Consumer Organization, has urged Brussels to clamp down on the promotion of crypto assets on social media. The umbrella group calls for implementing stricter advertising rules on major platforms like Twitter and Tiktok as well as preventing influencers from misleading investors.

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) started the weekend trading below 26,000, as traders continued to react to the fallout of the SEC’s cryptocurrency crackdown The latest domino to fall came from Robinhood, which moved to delist several altcoins from its platform, including Solana and Cardano. BTC/USD fell to an intraday low of 25,502 in the news, a day after the price peaked at 26,770. the latest downturn came as the 14-day relative strength index (RSI) fell toward a floor at 39.00 the index is tracking marginally above this point at 40.06. In addition to this, the 10-day (red) moving average has extended its low cross versus its 25-day (blue) counterpart, putting further emphasis on the current bearish sentiment. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank y https://www.tradingview.com/chart/BTCUSDT/mwPBs54U-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH), which dropped below the 1,800 level to start the weekend. After climbing to a peak of 1,861.14 on Friday, ETH/USD slipped to a bottom of 1,721 earlier in today’s session. The move saw ethereum plunge to its weakest point since late April, breaking out of a floor at 1,730. As a result of this shift in market momentum, the RSI also tailed off, dropping to its lowest level since March. The index is currently at a reading below 40.00, close to oversold territory, and could act as a slight positive for bulls. If the price becomes more oversold, there is a good chance that longer-term bulls could move to buy the dip. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSD/kk6mtrFO-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved marginally higher during Friday’s session, as the focus for traders begins to be next week’s Fed rate decision. Following a low of 26,339.32 on Thursday, BTC/USD jumped to an intraday peak of 26,797.51 earlier today. The move comes as bulls bounced from a price floor at 26,300, with a ceiling at 27,200 now a potential target. In order to get closer to this point, the 14-day relative strength index (RSI) will need to move past a ceiling at 47.00 the index is tracking at 46.21, with bitcoin trading around the 26,600 level. the 10-day (red) moving average remains in a downtrend, following a cross with its 25-day (blue) counterpart. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSD/11oYZygX-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/