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HBAR Price is Up 53% as Hedera Board Member Brian Brooks Could Head US SEC 🚀 $HBAR 🧧🧧🧧 The HBAR price has taken a new turn for the good, gaining 53% value in the last 24 hours, exciting the community for further gains. In the last few days, this public blockchain network has been in the limelight due to its new collaboration, boosting the demand for the token. Now, the Hedera board member Brian Brooks is bringing this limelight to another level as he is nominated for the next US SEC Chair position. More importantly, it is fueling the Hedera price rally, currently trading at $0.1362, with a market capitalization of $5.3B. Additionally, there is a 244% surge in trading volume, currently at $2.06B, showing rising interest in this token. However, this is not the only thing that has boosted the Hedera price, as it is up by 158% over the week and 168% over the month. #HBARUSD
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Pennsylvania House Pushes Bill To Create State Bitcoin Reserve🚀🚀 $BTC 🧧🧧 The Pennsylvania House of Representatives has drafted a bill to add a strategic Bitcoin reserve for the state. The bill has been presented by Republican Representative Mike Cabell, and this bill seeks to permit the treasury of Pennsylvania to invest up to 10% of its funds in Bitcoin. Cabell described the bill as a means to fight inflation and to enable the state to hold an asset that is resistant to economic fluctuations, something that BlackRock and Fidelity have recently done by investing in Bitcoin. According to Representative Cabell’s proposal, Pennsylvania can protect its reserves from the effects of inflation by owning Bitcoin. The bill titled the ‘Pennsylvania Bitcoin Strategic Reserve Act’ allows the state treasurer to make an investment of up to 10% of the state’s General Fund, Rainy Day Fund, and State Investment Fund in Bitcoin. This development is significant as it provides a bullish outlook for the Bitcoin price. With the state’s General Fund valued at over $9.7 billion, this could translate to a significant investment in the cryptocurrency. #PennsylvaniaBitcoinReserve
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PNUT Price Prediction: Could Bullish Trends Trigger a 300% Gain? 🚀 $PNUT 🧧🧧 PNUT, a meme-inspired token themed around Peanut the Squirrel, creates waves on the Solana blockchain. Over the past 24 hours, PNUT has seen a sharp price increase, making it one of the day’s top-performing assets. PNUT is drawing considerable attention and has become the most trending coin on the market. Over the past few days, the token has continued its upward climb, attracting investors eying a 300% surge soon. The coin’s backstory has also driven interest. The Meme coin was inspired by Peanut, a pet squirrel who was controversially euthanized by New York City’s Department of Environmental Conservation, sparking widespread public outrage. Prominent figures, including Elon Musk and former U.S. President Donald Trump, voiced their condemnation, fueling discussions across social media just days before the U.S. elections. Peanut the Squirrel price faces a potential surge if it successfully breaks through its current resistance level at $2.3. A breakout beyond this point would likely ignite momentum, pushing the price closer to the next resistance at $4. Should the asset maintain its position near $4, it could pave the way for a more ambitious target, reaching $6 in the coming days. The technical indicators for the PNUT pair on Binance suggest a significant shift in market momentum. The Moving Average Convergence Divergence (MACD) also shows signs of a bullish trend, with the MACD line crossing above the signal line. The Relative Strength Index (RSI), currently at 77, reveals that PNUT is entering an overbought zone. Given its rising popularity and market momentum, PNUT’s current trajectory suggests strong potential for a 300% gain. With increased trading volume and technical indicators favoring a bullish trend, PNUT’s upward surge could persist. DYOR #PNUTSurge
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For $10set, $0.618, $1, and $1,618 levels are future potential support and resistance zones. When the price approached levels such as 0.5041, 0.9080, 1.5000, and 8.1976, significant resistance and support zones formed. In particular, the 0.2633 level appears to be the current price level, and this could be a significant support level. Blue lines show the possible direction of movement of the price. On the chart, the price is expected to make an upward exit and enter a strong uptrend, especially towards the level of 8.2411. The price is currently at a low level and there is a tendency to recover upwards. • 8.2411, which is 1.618 Fibonacci level, has been marked as a potential target in the long term. This level can be a strong resistance, and if the price reaches this level, selling pressure can occur. • The fact that the price has crossed the level of 1,5000 means that the upward movement can continue stronger. It shows an upward potential in the medium and long term. However, it should be noted that selling pressure may increase at resistance levels (especially 0.9080 and 1.5000). #Tenset
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After Silver, Bitcoin to Soon Flip World’s Largest Oil Giant Saudi Aramco 🚀💪 Next Station $BTC 100k 🧧🧧👍 With a staggering 30% gain over the past week, Bitcoin is smashing records hitting a $1.75 trillion market cap and overtaking Silver as the eighth-largest global asset. Within a week’s time, BTC has added over $400 billion to its market cap in its run-up to $100K levels. If the BTC price hits a new all-time high above $90K soon, it will overtake the world’s largest oil giant Saudi Aramco. With its rally over the past week, Bitcoin has overtaken silver as the eighth-largest asset class with a valuation of $1.75 trillion. This is despite the Silver price being up 44% since the beginning of 2024. However, BTC grabs the limelight extending its year-to-date gains to 101% amid the recent rally to $89,000. The recent BTC price rally and altcoin rally have largely been part of the Trump trade as the crypto industry looks forward to the new policy developments. Calls for keeping Bitcoin as a reserve asset of the US have also been on the rise following the Trump victory. #BTCBreaks89k
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