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U.S. Senator Ted Cruz plans to introduce a resolution next week to overturn the IRS's new DeFi broker regulations U.S. Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a controversial IRS rule that requires certain DeFi brokers to…

🚨 Support and resistance levelsof $SKY are fundamental concepts in technical analysis, and they play a crucial role in understanding and potentially predicting price movements in the cryptocurrency market, including Skycoin (SKY). What are Support and Resistance Levels? Support Level: A price level where a cryptocurrency has historically found strong buying pressure. When the price approaches this level, buyers tend to enter the market, preventing further price declines. Resistance Level: A price level where a cryptocurrency has historically faced strong selling pressure. When the price approaches this level, sellers tend to enter the market, preventing further price increases. Why are They Important? Trading Opportunities: Buy Signal: If the price of SKY breaks above a resistance level, it can signal a bullish trend, indicating potential buying opportunities. Sell Signal: If the price of SKY breaks below a support level, it can signal a bearish trend, indicating potential selling opportunities. Risk Management: Traders can use support and resistance levels to set stop-loss orders, which can limit potential losses if the price moves against their position. Entry and Exit Points: These levels can help traders identify potential entry and exit points for their trades. How to Identify Support and Resistance Levels There are several methods to identify support and resistance levels, including: Historical Price Data: By analyzing past price charts, traders can identify price levels where the cryptocurrency has consistently found support or faced resistance. Round Numbers: Psychological levels, such as $0.01, $0.10, or $1.00, can often act as strong support or resistance levels. Moving Averages: Moving averages can provide dynamic support and resistance levels. Trendlines: Trendlines can be drawn to connect a series of price lows (for support) or highs (for resistance). Important Considerations: Dynamic Nature: Support and resistance levels are not static and can shift over time. Market Sentiment: Market sentiment and news events can significantly impact support and resistance levels. No Guarantee: Breaking through a support or resistance level does not guarantee a continuation of the trend. By understanding and effectively utilizing support and resistance levels, traders can make more informed decisions in the cryptocurrency market, including when trading Skycoin (SKY). $SKY

$GAME is currently priced at $0.09730, down 16.26% in the past 24 hours. Its trading range between $0.08760 and $0.11621 highlights significant market activity, with current levels suggesting a possible accumulation zone. Support at $0.087 offers a potential entry point for buyers, while resistance around $0.11-$0.12 may serve as an ideal sell range for short-term traders. This project is centered on revolutionizing the gaming industry through blockchain integration. By enabling players to earn, trade, and own digital assets securely, $GAME has positioned itself as a strong contender in the growing GameFi sector. Its user-friendly design and low transaction costs add to its appeal among both gamers and crypto enthusiasts. The tokenomics behind $GAME are well-structured, with a circulating supply of 5.23 million tokens and a 24-hour turnover of $520K. Staking incentives and token-burning mechanisms aim to reduce supply over time, supporting the token's value as adoption grows. The $GAME community remains engaged, with active discussions about future developments. Despite the recent price drop, optimism persists due to the project’s unique focus on gaming and decentralized assets. Positive updates or partnerships could act as catalysts for price recovery. However, like all investments, $GAME comes with risks. Volatility, competition from similar projects, and potential regulatory changes are factors to consider. Careful monitoring of the project’s progress and market conditions is essential for managing these risks. For those looking to invest, the $0.087-$0.097 range may provide a strategic entry point. Short-term traders could target $0.11-$0.12, while long-term investors may benefit from holding as blockchain gaming continues to expand. With its innovative approach and active community, $GAME holds promise for those willing to navigate the inherent risks of the crypto market. $GAME

Key Catalysts for a $YULI Bullish Trend in 2025 Several factors could act as key catalysts for a bullish trend in $YULI in 2025, ranging from utility enhancements to broader market developments. These catalysts, if effectively leveraged, could significantly boost adoption, market sentiment, and overall value. 1. Enhanced Token Utility Expanding $YULI’s use cases will be critical. Integrations with decentralized finance (DeFi) platforms, gaming ecosystems, or NFT marketplaces could drive demand for the token. Introducing staking rewards, governance features, or partnerships with established projects can position $YULI as a versatile asset within the crypto ecosystem. 2. Strategic Partnerships Collaborations with major DeFi platforms, exchanges, or real-world industries could amplify $YULI’s exposure and adoption. Strategic alliances in emerging sectors like Web3 or metaverse projects could also serve as growth drivers. 3. Market-Wide Recovery If the broader cryptocurrency market experiences a bullish cycle in 2025, $YULI could benefit from increased liquidity and investor interest. Macroeconomic factors, such as declining interest rates or reduced regulatory uncertainty, may also contribute to an improved market environment. 4. Community Engagement An active and engaged community is often the backbone of a token’s success. $YULI can capitalize on its user base by hosting events, incentivizing participation, and fostering user-driven innovations. A loyal and enthusiastic community can sustain momentum during growth phases. 5. Technological Upgrades Delivering on roadmap milestones, such as platform improvements, token burns, or scalability enhancements, will build investor confidence. Regular updates and transparent communication about progress are essential for maintaining trust and optimism. By aligning these catalysts with strategic execution, $YULI could experience a strong bullish trend in 2025, solidifying its position in the market

Key Catalysts for a $YULI Bullish Trend in 2025 Several factors could act as key catalysts for a bullish trend in $YULI in 2025, ranging from utility enhancements to broader market developments. These catalysts, if effectively leveraged, could significantly boost adoption, market sentiment, and overall value. 1. Enhanced Token Utility Expanding $YULI’s use cases will be critical. Integrations with decentralized finance (DeFi) platforms, gaming ecosystems, or NFT marketplaces could drive demand for the token. Introducing staking rewards, governance features, or partnerships with established projects can position $YULI as a versatile asset within the crypto ecosystem. 2. Strategic Partnerships Collaborations with major DeFi platforms, exchanges, or real-world industries could amplify $YULI’s exposure and adoption. Strategic alliances in emerging sectors like Web3 or metaverse projects could also serve as growth drivers. 3. Market-Wide Recovery If the broader cryptocurrency market experiences a bullish cycle in 2025, $YULI could benefit from increased liquidity and investor interest. Macroeconomic factors, such as declining interest rates or reduced regulatory uncertainty, may also contribute to an improved market environment. 4. Community Engagement An active and engaged community is often the backbone of a token’s success. $YULI can capitalize on its user base by hosting events, incentivizing participation, and fostering user-driven innovations. A loyal and enthusiastic community can sustain momentum during growth phases. 5. Technological Upgrades Delivering on roadmap milestones, such as platform improvements, token burns, or scalability enhancements, will build investor confidence. Regular updates and transparent communication about progress are essential for maintaining trust and optimism. By aligning these catalysts with strategic execution, $YULI could experience a strong bullish trend in 2025, solidifying its position in the market