Act I : The AI Prophecyの‌価格ACT

Indian authorities arrest Garantex founder India’s Central Bureau of Investigation has arrested Aleksej Bešciokov, founder of sanctioned Russian crypto exchange Garantex, Cointelegraph reported. In the U.S., Bešciokov is facing charges including conspiracy to launder money and conspiracy to operate an unlicensed money transmitter. He is expected to be extradited to the U.S. in due course, in accordance with India’s Extradition Act.

Elixir Protocol ($ELX ) has been one of the best-performing altcoins recently, surging over 60% to an all-time high (ATH) of $0.726 on March 11, 2025. This explosive rally was fueled by major exchange listings on Bithumb and JuCoin, increasing liquidity and accessibility for global traders. However, after peaking, ELX has pulled back to $0.4940, raising questions: Was this just a temporary pump, or can bulls regain control? What are the key technical levels to watch for a breakout? Are fundamentals strong enough to support continued growth? Let’s analyze the technical trends, market sentiment, and catalysts to assess whether ELX can sustain its bullish momentum. --- 1. Technical Analysis: Bullish Signals Still Intact? Despite a recent pullback, ELX still shows strong bullish potential if certain technical levels hold. Key Support & Resistance Levels ✔ Support Levels: $0.45: A key level where buying interest previously emerged. A bounce here could signal continued bullish sentiment. $0.38: If selling pressure increases, this level could act as the next major support before a stronger rebound. ✔ Resistance Levels: $0.726 (ATH): This is the biggest hurdle for ELX to break. A clean breakout could lead to a new price discovery phase, potentially pushing ELX toward $1.00. $0.80 - $1.00: If ELX clears its previous high, psychological resistance levels could come into play, attracting more traders. Moving Averages Indicate Uptrend Potential 50-day moving average (MA50) is approaching a bullish crossover with the 200-day moving average (MA200). This could confirm a golden cross, a strong bullish signal. The 200-day MA is acting as a dynamic support, meaning long-term holders are stepping in at key price levels. Momentum Indicators Favor Bulls Relative Strength Index (RSI): After reaching an overbought level (>70), the RSI has now cooled to around 60, meaning ELX still has room for another leg up. MACD Indicator: Although MACD lines are showing consolidation, a bullish crossover in the coming days could reignite buying interest. --- 2. Market Sentiment: Are Investors Still Bullish? Why Traders Are Still Optimistic About ELX 1️⃣ Exchange Listings on Bithumb & JuCoin: These listings increase ELX’s exposure to Asian markets, particularly South Korea, which has historically driven major crypto bull runs. Higher trading volume improves liquidity, making ELX more attractive to both retail and institutional investors. 2️⃣ Growing Interest in DeFi Liquidity Solutions: Elixir’s modular decentralized liquidity model is gaining attention. With DeFi protocols increasingly needing efficient liquidity management, ELX could see higher adoption. 3️⃣ Stable Social & On-Chain Activity: Social media mentions and Google Trends data indicate sustained interest. Unlike typical pump-and-dump scenarios, engagement has remained stable, suggesting long-term confidence in the project. Whale accumulation: On-chain data shows large investors are still holding ELX, a sign of confidence in its long-term potential. --- 3. Fundamental Growth: Is ELX More Than Just Hype? For a rally to be sustainable, the project must have strong fundamentals to support long-term growth. Elixir’s Core Value: Decentralized Liquidity & deUSD Elixir Protocol is addressing DeFi’s liquidity inefficiencies through automated liquidity allocation and cross-chain interoperability. The introduction of deUSD, a fully collateralized synthetic stablecoin, enhances ELX’s utility within the ecosystem. Institutional & Ecosystem Growth Potential ✔ If major DeFi protocols integrate Elixir’s liquidity solutions, ELX’s demand will skyrocket. ✔ Institutional adoption of deUSD as a stable liquidity asset could provide long-term buying pressure for ELX. --- 4. Can Bulls Regain Control? Key Scenarios 🚀 Bullish Case: ELX Breaks Above $0.726 and Targets $1.00+ ✔ ELX holds above $0.45 support and starts forming higher lows, signaling accumulation. ✔ A breakout above $0.726 would indicate a continuation of the uptrend, pushing ELX toward $0.80 - $1.00. ✔ The 50-day moving average crosses above the 200-day MA, confirming a golden cross and attracting more buyers. 🔻 Bearish Case: ELX Falls Below $0.45, Testing $0.38 Support ✖ ELX fails to break resistance at $0.726, leading to profit-taking and further downside. ✖ Overall crypto market sentiment weakens, pulling ELX lower along with other altcoins. ✖ The DeFi sector struggles, reducing the demand for ELX’s liquidity solutions. --- 5. Final Verdict: A Bullish Outlook With Caution Despite a short-term pullback, ELX still holds strong bullish potential based on technicals, sentiment, and fundamentals. ✔ Key Reasons ELX Could Rally Further: ✅ Exchange listings continue to provide liquidity and visibility. ✅ DeFi sector growth could drive higher demand for ELX’s liquidity solutions. ✅ Technical indicators suggest bullish momentum is still intact. ⚠ Risk Factors to Watch: If ELX loses $0.45, it could enter a deeper correction. Market-wide pullbacks could temporarily delay bullish continuation. Final Call: Bulls Still Have the Edge, But $0.726 is the Key Battle Zone If ELX breaks above $0.726, the next price targets are $0.80, $0.90, and $1.00. If ELX fails to hold support at $0.45, bears may take control, sending prices lower.

The United States is increasingly integrating Bitcoin into its financial strategies, with significant developments at both federal and state levels. From legislative proposals to strategic investments, these initiatives underscore a growing recognition of Bitcoin's potential to bolster economic stability and national security. Is the Bitcoin price today a temporary correction or a permanent surge? On March 11, 2025, Senator Cynthia Lummis announced plans to reintroduce the "Bitcoin Act" to establish a U.S. Strategic Bitcoin Reserve. The proposed legislation outlines a program to acquire up to 1 million bitcoins over five years, representing approximately 5% of the total Bitcoin supply. The bill also emphasizes safeguarding individual Bitcoin holders' rights to self-custody and financial freedom. At the Bitcoin Policy Institute forum, MicroStrategy Chairman Michael Saylor delivered a compelling speech on the United States' potential to become a global Bitcoin superpower. Saylor projected that strategic Bitcoin acquisitions could yield substantial economic benefits, estimating potential wealth gains between $16 trillion and $81 trillion by 2045. He emphasized that proactive engagement with Bitcoin could position the U.S. at the forefront of the digital economy, enhancing national wealth and financial stability. Amid these strategic initiatives, concerns have emerged regarding potential market manipulation by influential investors. Speculations suggest that some billionaires may attempt to drive Bitcoin prices down to the $60,000 range to acquire substantial holdings and gain control over MicroStrategy's stock, given the company's significant Bitcoin reserves. Such tactics could impact market dynamics and investor confidence, highlighting the need for vigilance and regulatory oversight. The convergence of legislative efforts, corporate advocacy, and market activities underscores a pivotal moment in the United States' approach to Bitcoin . Establishing a Strategic Bitcoin Reserve and positioning the nation as a Bitcoin superpower could enhance economic resilience and technological leadership. However, addressing potential market manipulation and ensuring transparent regulatory frameworks remain critical to fostering a secure and equitable Bitcoin ecosystem. With all the controversial news today taking over the crypto market, and Bitcoin in particular, while the US Bitcoin adoption and Michael Saylor's speech boost a permanent BTC price surge, some other political news from all around the globe could cut this hope short, making the latest Bitcoin price surge not last long turning it into a temporary correction . Analysts, traders, and crypto enthusiasts, keep an eye on Bitcoin price!

Bitcoin, XRP and Solana slump with US stock sell-off, Lummis eyes 1 million BTC purchase : Bitcoin, XRP and Solana declined on Wednesday amidst US stock sell-off. Senator Cynthia Lummis reintroduced the BITCOIN Act in Congress and proposed a 1 million BTC purchase in five years. Trump’s executive orders, SEC’s pro-crypto moves, and Lummis’ proposal fail to catalyze recovery in the crypto market. #TradingStrategySharing

After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid’s Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future. In the said liquidation event, a whale had built a 50X leveraged long position on Ethereum ( ETH ) that reached 160,234 ETH. However, when the market moved against them, effectively causing liquidation, the user was still able to withdraw 17.09 million USD Coin ( USDC ), exiting in profit before the liquidation was executed on the Hyperliquid platform . The HLP vault, which is designed to act as a backstop, absorbed the $4 million loss (about 1% of the vault’s TVL of $451 million) from this liquidation. Hyperliquidity Provider vault or HLP is like a shared pot of money where people deposit funds (in USDC) to earn profits (or incur losses)—proportional to their stake—resulting from Hyperliquid’s trading activities. Speculation sparked that the user somehow manipulated the HLP to their advantage by withdrawing equity from the HLP vault in a way that triggered auto-liquidation event with the HLP taking the opposing position on the trade. However, Hyperliquid recently addressed the incident on X , reassuring users there was no exploit or hack. The platform claimed that their liquidation engine simply couldn’t handle the size of the user’s position. The platform also said that they will increase max leverage for Bitcoin ( BTC ) and Ethereum to 40X and 25X respectively to increase maintenance margin requirements for larger positions. Regarding commentary and questions on the 0xf3f4 user's ETH long: To be clear: There was no protocol exploit or hack. This user had unrealized PNL, withdrew, which lowered their margin, and was liquidated. They ended with ~$1.8M in PNL. HLP lost ~$4M over the past 24h. HLP's…