• bitcoinBitcoin (BTC) $ 103,128.00
  • ethereumEthereum (ETH) $ 3,500.74
  • tetherTether (USDT) $ 0.999917
  • xrpXRP (XRP) $ 2.48
  • bnbBNB (BNB) $ 965.61
  • usd-coinUSDC (USDC) $ 0.999767
  • staked-etherLido Staked Ether (STETH) $ 3,499.15
  • tronTRON (TRX) $ 0.298103
  • dogecoinDogecoin (DOGE) $ 0.175397
  • cardanoCardano (ADA) $ 0.565387

Retail crypto TXs have doubled on regulatory clarity: TRM Labs

Most crypto activity over the last year has been tied to practical use cases such as payments, remittances and preserving value in volatile economic conditions.

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💡 DMK Insight

Crypto’s shift towards practical use cases is a game changer for traders right now. With BTC at $62,300 and ETH at $2,200, the focus on payments and remittances indicates a maturation of the market. This trend could lead to increased adoption and stability, which is crucial for day traders and swing traders looking for reliable price movements. If this practical utility continues to gain traction, we might see a shift in market sentiment, moving away from speculative trading towards more sustainable investment strategies. Watch for any significant spikes in transaction volumes or partnerships that could validate these use cases further. The real story is how this could impact altcoins that are also focusing on utility, potentially creating a ripple effect across the market. Keep an eye on BTC’s resistance around $65,000 and ETH’s support near $2,000. A break above these levels could signal a bullish trend driven by this newfound utility focus.

📮 Takeaway

Monitor BTC’s resistance at $65,000 and ETH’s support at $2,000 for potential trading opportunities as utility-driven adoption grows.

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