Sky 價格SKY

$FARTCOIN Time for Farts to go sky high. Just IMO

Level by level, being turned into support. Clear $106,000 - and the sky is the limit. #Bitcoin

🚨#BITCOIN WEEKLY: BELIEVE OR NOT, BITCOIN JUST 6% AWAY FROM A NEW ALL TIME HIGH...🚨 ✅Continue uptrend: As explained last week, BTC jump 10% in LAST week after holding breakout. This is second highest closing on Bitcoin history. ✅Support and Resistance: The previous resistance zone around $88,000–$92,000 has been cleared. BTC is now targeting its next key level at $109,356, and beyond that, it’s in price discovery mode. ✅MACD Bullish Cross: On the weekly MACD, we can see confirmed bullish MACD crossover in this week. Each previous MACD crossover on this timeframe led to massive upside movements, and the histogram is now expanding positively, suggesting strong momentum. ✅RSI Breakout: The RSI (currently ~64) has broken a long-term downtrend line and is now pushing higher. This breakout shows increasing strength and buying pressure, with no immediate signs of bearish divergence yet. 🧠 Summary: Trend: Strong bullish Support: ~$93,000 , $88,000 Resistance: $109,356 → then open sky (likely targets: $130,000, $150,000) One year Target : $180k -$250k Momentum: Increasing (MACD + RSI bullish) Note: Must check out our 4hr and daily BTC analysis for intraday and swing trade

The boring accumulation zone is soon over. Bitcoins have shifted from weak individuals to big institutions in this period. We are reaching the end of this period now which will send Bitcoin sky high.

CoinRank Crypto Digest (5/14)｜Sky Posts $5 Million Loss in Q1 SEC delays BlackRock ETF decision, seeks public feedback on in-kind redemptions amid custody and compliance concerns following past crypto collapses like FTX. Sky reports $5M Q1 loss, driven by higher interest payouts to promote new stablecoin USDS, aiming to replace DAI in its ecosystem. XRP futures OI jumps 41.6% alongside price increase, fueled by regulatory optimism and leverage, signaling bullish momentum but potential for sharp reversals.   SEC SEEKS PUBLIC INPUT ON BLACKROCK’S BITCOIN ETF REDEMPTION MODEL   The U.S. Securities and Exchange Commission (SEC) on Tuesday delayed its decision on whether to allow BlackRock’s spot Bitcoin ETF to support in-kind redemptions (actual Bitcoin instead of cash). The SEC also started a public comment period on the proposal.   Additionally, the SEC postponed reviews of Grayscale’s Litecoin Trust, Solana Trust, and 21Shares’ Dogecoin ETF, and is also seeking public feedback.   Analysis:   The SEC’s delay is likely due to concerns around custody and compliance. In-kind redemption requires secure cold storage and strong anti-money laundering (AML) procedures.   The regulator wants to avoid risks like those seen in the FTX collapse of 2022, which led to $8 billion in losses.     SKY POSTS $5 MILLION LOSS IN Q1   Sky (formerly MakerDAO) reported a $5 million loss in Q1 2025, mainly because of a sharp increase in interest paid to token holders. This marks a big shift from the previous quarter, when Sky earned $31 million in profit.   Interest expenses rose by 102% after Sky increased incentives to promote its new stablecoin, Sky Dollar (USDS), aiming to replace the widely used DAI.   Analysis:   This isn’t just a business loss—it’s a strategic move. Sky is choosing to “burn money” now to grow its new ecosystem. If USDS gains traction, it could repeat DAI’s past success.     XRP FUTURES OPEN INTEREST SURGES 41.6% IN A WEEK   Over the past week, XRP futures open interest jumped by $1 billion, rising from $2.42B to $3.42B, a 41.6% increase. This comes as XRP’s price climbed from $2.14 to $2.48, showing rising market activity and stronger bullish sentiment.   Analysis:   The rise in open interest and price is likely driven by regulatory settlement hopes and political support for XRP. But the high use of leverage suggests a speculative bubble. Bulls are in control for now, but a market reversal could be near. 〈CoinRank Crypto Digest (5/14)｜Sky Posts $5 Million Loss in Q1〉這篇文章最早發佈於《CoinRank》。