The market is experiencing poor conditions and the recovery is unlikely to commence during the weekend trading sessionThe market is experiencing poor conditions and the recovery is unlikely to commence during the weekend trading session

Crypto Market Prediction: Shiba Inu (SHIB) Is Not Looking Good, Ethereum (ETH) $4,000 Must Happen, Bitcoin (BTC) Bounces at $109,607

2025/11/01 08:01
The market is experiencing poor conditions and the recovery is unlikely to commence during the weekend trading session
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Golden Trump statue holding Bitcoin appears outside U.S. Capitol

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The post Golden Trump statue holding Bitcoin appears outside U.S. Capitol appeared on BitcoinEthereumNews.com. A 12-foot golden statue of Trump gripping a Bitcoin was placed outside the U.S. Capitol on Wednesday evening in Washington. The installation appeared just before the Federal Reserve’s latest interest rate announcement. It stood along 3rd Street from 9 a.m. to 4 p.m., pulling crowds as D.C. tried to make sense of a foam version of the president staring down Congress with a crypto in hand. At 2 p.m., the Fed cut its benchmark interest rate by 0.25 percentage points, bringing the short-term rate from 4.3% to 4.1%. It’s the first rate cut since December, after a year of concerns about slowing job growth and rising unemployment. The Fed also outlined plans for two more cuts before the end of this year, but said it only expects one cut in 2026. That didn’t sit well with Wall Street, which had priced in five cuts by next year, as Cryptopolitan extensively reported. Crypto organizers livestream token to support Trump statue The statue was funded by a group of cryptocurrency investors, most of whom are staying anonymous. Their goal was to make a loud, unavoidable point about the future of crypto and government power. Hichem Zaghdoudi, who spoke for the group, said: “The installation is designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation. As the Federal Reserve shapes economic policy, we hope this statue prompts reflection on cryptocurrency’s growing influence.” To push the message even further, the group launched a memecoin on Pump.fun. They used multiple livestreams to pump the token and tie it directly to the statue stunt. One organizer, speaking during a stream on Tuesday, said the statue was built using “extremely hard foam” to make it easier to move. Posts on their X account…
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BitcoinEthereumNews2025/09/18 15:20
Filecoin (FIL) Rises Over 4% as Token Rebounds

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The post Filecoin (FIL) Rises Over 4% as Token Rebounds appeared on BitcoinEthereumNews.com. FIL$1.5382 posted a 4.3% gain over the last 24 hours, amidst a rally in wider crypto markets, bouncing from yesterday’s big declines. The broader market gauge, the CoinDesk 20 index, was 2.5% higher at publication time. The decentralized storage token traded from a low of $1.40 to highs near $1.52, as traders tested critical support and resistance levels within an ascending channel structure, according to CoinDesk Research’s technical analysis model. The model showed a key development hit at Oct. 30 17:00 when volume spiked to 5.46 million tokens. This was 98% above the 24-hour moving average. The surge coincided with a decisive low at $1.41, according to the model. Critical support held firm on subsequent retests. Each recovery wave showed increasing buying interest on declining volume. This suggests institutional accumulation above the $1.41 zone. Technical Analysis: Critical support established at $1.41 with secondary support at $1.48; resistance emerging near $1.52 with potential extension to previous highs High-volume accumulation pattern at $1.41 support with 98% surge above average; declining volume on subsequent rallies suggested controlled institutional buying Ascending channel structure intact with higher lows pattern; $1.516 ceiling test successful with measured retreat Upside target at $1.52 resistance zone; risk management below $1.41 support with stop-loss considerations around $1.38 for aggressive positions Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. Source: https://www.coindesk.com/markets/2025/10/31/filecoin-rises-over-4-rebounding-from-thursday-s-drop
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BitcoinEthereumNews2025/11/01 11:45