🍫 Gold is holding steady around the 4700 mark in the medium term, but there's still a lot of uncertainty in the Middle East - current trading is below that level due to the surrounding market jitters regarding the failed U.S.-Iran negotiations that couldn't attract buyers.
🛢 In addition to the rising oil prices that have heightened inflation fears, there's been chatter about central banks potentially tightening rates, and we’ve got several key dates on the calendar for that this week.
#pixel $PIXEL Pixels (PIXEL) is one of the hottest coins in the GameFi sector right now, especially after its migration to the Ronin Network (from Sky Mavis, the team behind Axie Infinity), which has given it a strong boost in the crypto market.
1. What is the Pixels Project?
The Pixels Project is an open-world game that relies on a "Pixel Art" style, focusing on farming, exploration, and creation.
Gameplay Model: The game follows a "Play-to-Earn" model, allowing players to gather resources and develop the Lands they own as NFTs.
Migration to Ronin Network: This shift was a game changer, attracting hundreds of thousands of daily active users due to lower gas fees and faster transactions.
Uses of the Coin ($PIXEL ): * Purchasing VIP memberships.
Minting rare items within the game.
Participating in governance and shaping the future of the game.
2. Technical Analysis and Fundamentals (Overview)
Max Supply: 5 billion coins.
Liquidity: The coin is listed on major exchanges like Binance, providing it with high liquidity and relative stability compared to smaller gaming coins.
Price Performance: The coin is directly affected by the number of active users in the game. The more the coin is "burned" within the game (through purchases), the lower the supply.
🏛 The Fed is gearing up for a pivotal shift next month, but the meeting expected to be the last for its chair Jerome Powell is likely to focus primarily on stability .. 🇺🇸
⭕️Iranian Foreign Minister Abbas Araghchi meets with the Sultan of Oman in Muscat,
⭕️Iranian Foreign Minister Abbas Araghchi meets with the Sultan of Oman in Muscat, where they discussed the latest developments in the region, mediation efforts, and initiatives aimed at ending the Iran war.
⬅️This visit is part of a tour by Iranian Foreign Minister Abbas Araghchi, which started in Pakistan to discuss bilateral issues and regional developments, before moving to Oman to explore mediation efforts, with reports of a possible trip to Russia.
📌President Donald Trump announced during a private meeting with major investors in cryptocurrency $TRUMP at "Mar-A-Lago" that he will firmly stand against any banking attempts to obstruct the Clarity Act. Trump reaffirmed his commitment to regulating the crypto market in the U.S. and securing the future of digital assets
Justin Sun has filed a lawsuit against Project Trump I in federal court in California.
Why?
All his coins have been frozen, he's been denied governance voting rights, and worst of all, there's a threat to burn all his coins without justification 😐
Despite his attempts to resolve the issue amicably, the team refused to restore his privileges, forcing him to go to court.
He also warned about a new governance proposal which includes:
• Burning 10% of the advisors' tokens • Locking tokens for those who don't agree to the terms • Imposing a 4-year vesting period on early investors
However, he cannot vote on the proposal because his coins are frozen.
Trump doesn't spare anyone; he's all about the money and is implementing a very aggressive capitalist approach.
The scene is repeating with Bitcoin, we’ve started climbing, and most people still believe that the shaded area was the bottom.
When will they be convinced? After a new peak is recorded soon, God willing 🤌
The beauty is that the rise from 60K until now has everyone doubting it, waiting for lower numbers, while Bitcoin is smoothly breaking resistances one by one...