$ZAMA — Long idea 🟢 Still trading below sale price $0.05 → ~+10% upside from here. 📍 Entry: 0.045–0.046 🎯 TP1: 0.050 (sale price) 🎯 TP2: 0.055 🛑 SL: 0.042 (below local low) 📈 Why long? • Rebound from 0.0389 support • Price reclaiming EMA7 / EMA25 • RSI pushing up → momentum shift • Sale price often acts as magnet level ⚠️ Trend is still below EMA99 → take profits fast, don’t overstay Scalp / short-term long only 🚀
Coinbase CEO reportedly received a chilly response from top U.S. bank executives while lobbying against a key Senate crypto bill at the WEF in Davos. Armstrong met with several Wall Street leaders to discuss the crypto market structure legislation moving through Congress, but the conversations were described as tense and dismissive. According to people familiar with the exchanges, JPMorgan Chase CEO Jamie Dimon bluntly rejected Armstrong’s stance. Bank of America CEO Brian Moynihan held a 30-minute meeting but pushed back, telling Armstrong that if Coinbase wants to operate like a bank, it should become one. Wells Fargo CEO Charlie Scharf declined to engage, saying there was nothing to discuss, while Citigroup CEO Jane Fraser reportedly gave him less than a minute. The friction centers on the proposed CLARITY Act. After reviewing a draft of the bill, Armstrong publicly said Coinbase “can’t support the bill as written.” He argues that traditional banks are lobbying to protect their turf by targeting stablecoin rewards — recurring payouts to users who hold tokens such as USDC. These rewards function similarly to interest-bearing accounts but often offer higher yields, sometimes up to 3.5%. Banks contend that such products threaten deposit-based funding models that underpin lending and other core services. A large-scale shift of funds into stablecoins, they warn, could strain local lending and smaller banks. Armstrong’s response has been that banks should compete rather than restrict innovation. The CLARITY Act could ultimately determine which entities are allowed to offer stablecoin products and under what regulatory framework, potentially reshaping the competitive balance between traditional banks and crypto platforms. Despite the public clash, the divide between the two sectors is not absolute. Coinbase continues to maintain partnerships with major financial institutions, including JPMorgan and Citigroup, suggesting the dispute is less about outright disruption and more about who sets the rules for the next phase of digital finance.
💥NEW: $SYN U.S. Senate Majority Leader John Thune said the Senate will hold Friday votes on spending bills as a partial government shutdown looms on Saturday. $ENSO $INIT
$SYN 🔥 NEW: Kraken-backed KRAKacquisition $ENSO Corp raised $345 million in an upsized $0G Nasdaq IPO, creating a new SPAC vehicle focused on future deals in the digital asset ecosystem.
BREAKING 🚨 🇺🇸 President Trump says “Warsh will cut rates without any pressure from the White House.” That statement alone is enough to shake markets. If policy easing comes independently, the door opens for more rate cuts ahead — and risk assets are already paying attention. Liquidity expectations are rising, and momentum could follow. Buckle up. 🚀 #Rates #FedWatch #Macro #Markets #breakingnews $BTC $ETH $BNB