Libra1989
Libra1989
Follow me, and I'll follow you back. I always provide daily financial market updates.
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🚨 $CFG has reclaimed the old resistance level which has now acted as support for the past 8 days!
Yesterday's weakness seems to be getting absorbed today.
If this is confirmed and the market opens with gains tonight or tomorrow, the final breakout could happen and bring us new bullish momentum after a full week of consolidation.
Nothing to worry about. Don't forget that we've held from the $0.16 level

$BTC / $USD - Update
My short-term plan for Bitcoin

$CETUS is the most promising DeFi project in the Sui ecosystem..
The hype around Sui will benefit Cetus the most..
In the past 2 days, due to the bearish market, a new base level has formed on the chart.
0.026$ is now acting as a support level.
I think when the market turns around, it will be one of the first projects to ignite the upward momentum.

$BSB
UPDATE
#BSB is getting a good bounce here. In this move we can see 150%+ gain here ✍🏻

Spot ETF Hedera Is Quietly Growing Weekly...
According to SoSo data, Canary's spot @Hedera ETFs have not recorded a single day of net outflows since November 2025.
On Friday, May 15, this product continued to record an inflow of 1.01 million USD, following smaller inflows on May 12.
At the time of writing, this product holds about 1.47% of the market capitalization of $HBAR, with AUM reaching 59.25 million USD.
Coinbase cuts six ICP trading pairs as Internet Computer holds its ground
@coinbase removed six non-USD trading pairs including ICP/USDT and ICP/GBP on May 14. $ICP dropped to $3 along with a broader altcoin sell-off, after surging 37% last week.
The fundamentals of @dfinity remain unchanged: Cloud Engines are operational, Mission 70 is cutting inflation by up to 70%, and nearly half of the supply is locked in long-term staking. The USD pair continues to trade on Coinbase.
Hoskinson said that Cardano is currently building its quantum-resistant migration process
@IOHK_Charles told @gokhshtein on Friday that Cardano is voting on a quantum strategy, with a proposal to research lattice-based cryptocurrency coming next week.
This plan is similar to Bitcoin's proposed BIP-361 and bases $ADA on FIPS 203-206 standards. Hoskinson places the probability of commercial-grade quantum at >50% by 2033.
Bhutan asserts they are not selling Bitcoin. Arkham's data shows otherwise.
Druk Holding CEO, Ujjwal Deep Dahal, told CoinDesk via email on Friday that he "doesn't recall the last time" Bhutan sold $BTC, dismissing Arkham's data which indicates the sovereign fund's wallets have dropped from 13,000 to about 3,100 BTC since October 2024.
Arkham has tracked outflows worth $207 million just this year alone to exchanges including Galaxy Digital and OKX. A source from the trading firm confirmed no recent spot sales, leaving possibilities for custody, collateralized assets, or OTC trades.
CME and ICE urge CFTC to crack down on Hyperliquid's oil futures
Bloomberg reported on Friday that @CMEGroup and ICE_Markets are urging the CFTC to investigate @HyperliquidX, warning that their anonymous 24/7 futures contracts could distort oil benchmarks and facilitate sanctions evasion.
Hyperliquid's HIP-3 expansion currently holds 34-44% of the decentralized derivatives market share. $HYPE dropped 6% before recovering.
The US CLARITY Act brings a strong wave of excitement to Bitcoin
Main content of the CLARITY Act:
1⃣ Clearly classify crypto as commodities or securities
Tokens classified as commodities will be regulated by the CFTC.
Tokens that are fundraising/investment contracts will fall under the SEC.
2⃣ Establish a legal framework for crypto
Crypto exchanges, brokers, and dealers must register and comply with federal regulations.
There are disclosure standards and investor protection measures.
3⃣ Recognize digital assets can mature
A token initially may be considered a security.
But when the network is sufficiently decentralized, the token can transition to a digital commodity status.
4⃣ Bring DeFi into the framework
Define what truly decentralization means.
DeFi projects that are not sufficiently decentralized may be regulated as financial institutions.
5⃣ Regulate stablecoins
Limit passive interest payments on stablecoins.
But still allow rewards related to staking/liquidity or trading activities.
6⃣ Stricter AML/KYC
Crypto platforms must comply with anti-money laundering laws similar to banks.
7⃣ Tokenized assets still subject to traditional laws
Tokenized stocks/securities remain regulated as regular securities.
✅ This makes BTC more likely to surge, here’s why.
The US is shifting from “crackdowns through lawsuits” to “regulated legalization.”
Large organizations find it easier to participate due to clear legal frameworks.
ETFs, banks, and investment funds have more legal basis to enter crypto.