Banks launch stablecoin consortium

Project Faro secured $270M from 21 banks including Goldman Sachs and Citigroup to issue a dollar stablecoin launching in H1 2027.

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$PEOPLE

Liquidation Reference: $0.00580 (Long Liquidation: $1.9685K)


Entry Zone: $0.00580–$0.00586

Stop-Loss: $0.00559


🎯 Take-Profit Targets


- TP1: $0.00603

- TP2: $0.00618

- TP3: $0.00632


Market Analysis:

Recent long liquidations around $0.00580 indicate selling pressure from leveraged positions. A recovery above this level, supported by increasing buying volume, could create a short-term rebound opportunity. Watch for a higher low and confirmation before entering.


Invalidation: A sustained breakdown below $0.00559 cancels the bullish setup.


Risk Management: Avoid excessive leverage and consider securing partial profits at each target.

$PEOPLE

#Bitcoin Core patches high-severity bug

#MiniMax launches H3 Image

#Deutsche Bank launches crypto custody

#Banks launch stablecoin consortium

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$CYBER

Liquidation Reference: $0.25673 (Long Liquidation: $1.6401K)


Entry Zone: $0.2567–$0.2593

Stop-Loss: $0.2475


🎯 Take-Profit Targets


- TP1: $0.2671

- TP2: $0.2735

- TP3: $0.2801


Market Analysis:

The liquidation activity near $0.25673 highlights downside pressure on leveraged longs. If buyers defend this region and price reclaims the entry zone with stronger volume, a recovery toward nearby resistance becomes possible. Wait for bullish price confirmation rather than catching a falling market.


Invalidation: Sustained trading below $0.2475 invalidates this setup.


Risk Management: Keep position size controlled and avoid excessive leverage.

$CYBER

#Bitcoin Core patches high-severity bug

#MiniMax launches H3 Image

#Deutsche Bank launches crypto custody

#Banks launch stablecoin consortium

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$BCH Liquidation Reference: $230.90 (Long Liquidation: $2.2284K)


Entry Zone: $230.90–$233.20

Stop-Loss: $222.80


🎯 Take-Profit Targets


- TP1: $238.90

- TP2: $245.50

- TP3: $252.20


Market Analysis:

Long liquidations around $230.90 suggest leveraged selling pressure. This area could attract buyers if it holds as support. A recovery above $233.20, accompanied by improving volume and positive price structure, would strengthen the bullish case. Resistance near the profit targets should be monitored carefully.


Invalidation: A sustained breakdown below $222.80 cancels the long setup.


Risk Management: Scale out at targets and maintain disciplined stop-loss protection.

$BCH

#Bitcoin Core patches high-severity bug

#MiniMax launches H3 Image

#Deutsche Bank launches crypto custody

#Banks launch stablecoin consortium

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$BARD

Liquidation Reference: $0.08272 (Long Liquidation: $2.0163K)


Entry Zone: $0.08272–$0.08355

Stop-Loss: $0.07980


🎯 Take-Profit Targets


- TP1: $0.08520

- TP2: $0.08770

- TP3: $0.09020


Market Analysis:

The liquidation event near $0.08272 indicates pressure on leveraged long positions. If price stabilizes around this region and buyers regain control, a technical recovery toward higher resistance levels may develop. Look for stronger volume and a confirmed reclaim before taking a position.


Invalidation: Sustained price action below $0.07980 invalidates the bullish outlook.


Risk Management: Use moderate exposure, avoid chasing sudden candles, and protect capital.

$BARD

#Bitcoin Core patches high-severity bug

#MiniMax launches H3 Image

#Deutsche Bank launches crypto custody

#Banks launch stablecoin consortium

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$APE Liquidation Reference: $0.09740 (Long Liquidation: $3.7448K)


Entry Zone: $0.09740–$0.09840

Stop-Loss: $0.09390


🎯 Take-Profit Targets


- TP1: $0.10080

- TP2: $0.10380

- TP3: $0.10630


Market Analysis:

APE recorded notable long liquidation activity around $0.09740, highlighting selling pressure from leveraged traders. If this region holds and buying volume improves, a short-term rebound could develop. A confirmed recovery above $0.09840 would provide additional confidence in the setup.


Invalidation: A sustained move below $0.09390 cancels the bullish scenario.


Risk Management: Take partial profits along the way and avoid excessive leverage.

$APE

#Bitcoin Core patches high-severity bug

#MiniMax launches H3 Image

#Deutsche Bank launches crypto custody

#Banks launch stablecoin consortium

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🇹🇷 Turkey's Crypto Market Faces a Regulatory Turning Point The Financial Stability Board has identified significant gaps in Turkey's crypto oversight, despite recent progress in regulating the industry. ⚠️ Stablecoins are at the center of its concerns. But what exactly is missing from Turkey's regulatory framework, and why is the FSB pushing for changes now?

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$CHZ: The US activity for Socios is just getting started. Five colleges were already announced with Fan Token partnerships, and Socios is still working on launching a total of 30 college programs over the next 12 months. 🇺🇸

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$GOOGL tapping into Asian debt markets is an interesting move. It gives Alphabet more flexibility in funding while expanding its access to international investors.

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Rebecca Rettig says the amazing part about the Genius Act is that there is no prohibition on stablecoins running through DeFi. "We now have the Genius Act in the United States." She says stablecoins had amazing product market fit, that they are centralized, and that the open question, the one regulators love to ask, is who is responsible if something goes wrong. @RebeccaRettig1 @jito_labs

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JUST IN: FSB calls on Turkey to tighten crypto and stablecoin regulation across four key areas The watchdog urged the country to establish a dedicated stablecoin framework, strengthen financial stability monitoring and supervisory enforcement, and improve cross-border cooperation and information sharing.