Crescent Labs

Independent Investment research for #Crypto and traditional #Stocks. Balancing traditional investment methods with #AI and #web3 applications.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: $106,000 #Bitcoin 🟩

[zerohedge @zerohedge]

*COOK: THERE IS EVIDENCE TRADE POLICY STARTING TO AFFECT ECONOMY

the 4.6% Q2 GDP?

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: North American construction engineering company SolarBank adopts a Strategic Bitcoin Reserve 🙌

[Bitcoin Magazine @BitcoinMagazine]

Unlimited fiat, only 21 million #Bitcoin

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Treasury Secretary Bessent says US is "never going to default" on its $36 trillion debt.

[The Kobeissi Letter @KobeissiLetter]

US housing affordability is still getting worse:

The annual income needed to afford an average home in the US is now $124,200, an all-time high.

By comparison, the median US household income is $79,200, or a whopping $45,000 lower.

This makes the gap between income needed to buy a home and annual income the largest on record.

To put this into perspective, median household income was ~$3,000 higher than the income required to buy a home just 4 years ago.

This gap has widened at a faster pace than the lead up to the 2006 housing bubble.

Truly unprecedented times for housing.

[Zack Voell @zackvoell]

this new coinbase ad is fucking amazing

[Watcher.Guru @WatcherGuru]

JUST IN: Nvidia $NVDA partners with General Motors to build self-driving cars.

[naiive @naiivememe]

Ethereum holders celebrating a +5% pump after a -70% dip

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Ripple CEO Brad Garlinghouse declares victory after SEC officially drops lawsuit.

"This case has ended. It's over."

[Crescent Labs @CrescentLabsAI]

Huge news. It's impossible to state how good it looks for the industry when major players aren't being tied up in court by the @SECGov.

Also let's 'smart money' know our industry is legit and safe!

[DEGEN NEWS @DegenerateNews]

BREAKING: RIPPLE CEO BRAD GARLINGHOUSE POSTS “THIS IS IT – THE MOMENT WE’VE BEEN WAITING FOR. THE SEC WILL DROP ITS APPEAL – A RESOUNDING VICTORY FOR RIPPLE, FOR CRYPTO, EVERY WAY YOU LOOK AT IT. THE FUTURE IS BRIGHT. LET'S BUILD”

[Crescent Labs @CrescentLabsAI]

Looks like we have some relative strength going into $FOMC today.

Would avoid trading Low Time Frame today. Volatility will be elevated going into 2:30pm ET today.

I'm expecting rates to stay the same. Market should respond positively with the $XRP news.

#crypto #trading

[Crescent Labs @CrescentLabsAI]

$TIA / @celestia #celestia 1D

Running up against resistance at the ~$4.30 level still. Not a good sign for this week. With general #altcoin bearishness I expect we see more downside this week.

Buy level starts around $2.75.

[DEGEN NEWS @DegenerateNews]

NEW: STANDARD CHARTERED REPORT ESTIMATES THAT COINBASE'S BASE HAS REDUCED $ETH’S MARKET CAP BY $50 BILLION

[Crescent Labs @CrescentLabsAI]

$SOL / @solana #Solana #4H

Bearish bias on this chart. Resistance zone is holding strong after our burst of excitement in early March. Expecting to see lower Solana prices.

[Crescent Labs @CrescentLabsAI]

Oof - smart money pulling back their expectations on #ETH. Everyone is starting to wake up to this giant disappointment!

#Ethereum

[Cointelegraph @Cointelegraph]

🚨 NEW: Standard Chartered cuts year-end $ETH target to $4K from $10K.

[Crescent Labs @CrescentLabsAI]

$BTC.D / @Bitcoin 1D

#btcdom having a seriously hard time getting through 62.5% as of recent. BTC.D looks primed to push lower (slightly) over the next couple days.

This means we'll get some altcoin relief. Much needed for those in the trenches.

#Altcoins #trading #charts

[Crescent Labs @CrescentLabsAI]

$BTC / @Bitcoin #Bitcoin 1D

Rejection around the $86k level is not a good look for bitcoin. Next demand zone starts at ~$73,750.

Weekly chart looks no better. I'm bearish for the week. Though I think we are 1 dump away from the bottom of this move. #FOMC might be that trigger.

[Crescent Labs @CrescentLabsAI]

Good Monday Morning! Charts incoming!

#Trading #Monday #Charts #TA

[Whale Insider @WhaleInsider]

JUST IN: 🇺🇸 Franklin Templeton files for $SOL ETF with Cboe.