You are here: Home/News/ POND’s Trendline Battle: Analyst Predicts Potential Surge
In the fast-moving world of cryptocurrency, POND is in the spotlight as well-known crypto analyst World of Charts provides important information on its future direction. In a recent post on the X platform, the analyst pointed out that POND should clear a very important trendline to keep its upward movement.
World of Charts stated that the trendline is a major resistance level for POND. This is a way to go through with the breaking of this barrier and that would in turn lead to a considerable increase in price which might eventually reach $0. 05 mark.
The post was about the technical details, and it stressed that POND has had a hard time with this trendline in the past. The previous trials to overcome it have caused the cryptocurrency to stumble, but now the market is in a situation where this could be favorable. The analyst said that the break of this trendline would be a sign of strength and open up the way for bullish momentum.
At the moment, POND is being trading at $0.02191, marking a 7.64% price increase in the last 24 hours. The market sentiment on POND has been mixed, with the recent fluctuations creating both excitement and caution among investors. The analysts’ analysis is more reliable, it implies that the traders should be even more alert to the trendline. The next few trading days would show whether POND could find the needed power to break through this resistance.
The analyst also talked about the wider consequences of this possible escape. A successful hack could draw the attention of new investors and thus, increase the trading volume which in turn would raise the price even more. Nevertheless, the expert cautioned that if token did not break through the trendline it would be in a consolidation phase where coin could just go sideways or even face downward pressure.
Since the market is keeping a close eye on it, in the next few days we will know if coin can penetrate and go towards $0.05 target is it going to be enough, or will it need another rally in the near future. The World of Charts’ analysis is a beacon for many in the crypto world who are trying to figure out the POND’s market movements.
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A federal mediate in Texas has temporarily blocked a Biden-Harris administration belief to grant lawful popularity to non-voters who are married to U.S. voters, pausing this system for now not lower than the subsequent two weeks while the lawful area moved in the course of the courts.
U.S. District Resolve J. Campbell Barker issued the chief shatter after the protection used to be enacted by the Biden administration earlier this year. 16 states challenged the protection proposal, with Texas (one among the 16) claiming “the inform has had to pay hundreds of thousands of dollars yearly from health care to guidelines enforcement thanks to immigrants residing within the inform without lawful popularity.”
The federal program, presented in June, applicable spread out applications for citizenship popularity this week.
If it is allowed to proceed, it would give non-citizen spouses of U.S. voters a brief pathway to citizenship by allowing them to be conscious for a inexperienced card and shatter within the U.S. while the citizenship course of proceeds. Ahead of this protection, the citizenship course of for these cases used to be for the associate to return to their nation of starting up set aside and rely on it to play out.
Right here’s moderately extra on the course of:
To be eligible for this system, immigrants must have lived continuously within the U.S. for now not lower than 10 years, now not pose a security threat or have a disqualifying legal history, and have been married to a citizen by June 17 — the day earlier than this system used to be presented.
They must pay a $580 fee to be conscious and absorb out a prolonged utility, collectively with an rationalization of why they deserve humanitarian parole and a prolonged checklist of supporting paperwork proving how prolonged they’ve been within the nation.
If authorized, candidates have three years to test everlasting residency. All through that interval, they’ll internet work authorization. The administration estimates about 500,000 other folks could very well be eligible, plus about 50,000 of their younger other folks.
The states now not easy the contemporary program argue that it is bypassing Congress, whose job is to legislate such disorders, and accused the Biden-Harris administration of doing so for “blatant political functions.”
Hong Kong is considering allowing staking for
exchange-traded funds (ETFs) investing directly in ether. The Securities and
Futures Commission (SFC) of Hong Kong is engaging the city’s cryptocurrency ETF
issuers about providing staking services through licensed platforms, The Business
Times reported.
Passive Crypto Income
This potential regulatory change could open a new
source of passive income for investors, positioning Hong Kong ahead of the US,
where such offering is restricted. Staking offers investors a way to earn
passive income by locking tokens on the Ethereum network to help validate
transactions, currently yielding about 4% annually in additional coins.
If the SFC approves the staking yields, it could
significantly enhance the attractiveness of Hong Kong’s spot-crypto ETFs, which
have experienced moderate demand since their launch in April. This move could
give Hong Kong a competitive edge over the US, which recently approved spot
ether ETFs applications by Nasdaq, Cboe, and NYSE.
Hong Kong is actively positioning itself as a digital
asset hub, competing with cities like Singapore and Dubai. This follows the
implementation of a dedicated regulatory regime last year aimed at rejuvenating
the city’s status as a financial center after a period of political
unrest.
Beyond ETFs, Hong Kong is reviewing several
applications to increase the number of licensed digital asset exchanges.
Additionally, it is developing a framework for stablecoins, which are typically
pegged to fiat currencies and backed by reserves of cash and bonds.
In a significant development, the US SEC approved applications from major exchanges like Nasdaq, CBOE, and the NYSE to list
ETFs tied to the price of ether yesterday (Thursday). This
milestone potentially paves the way for the launch of these funds later in
the year, pending regulatory formalities and investor disclosures.
US Grants Partial Approval for Ether ETFs
As the SEC deadline to decide the fate of several
applications for ether ETFs approached, major asset management firms,
including BlackRock, Grayscale, and Bitwise, made significant adjustments to
their applications. These adjustments entailed removing provisions for staking.
While staking offers an avenue for generating passive income, the US regulators view it as constituting the offering of
unregistered securities. Hence, companies like BlackRock have explicitly stated
in their amended filings that they will not engage in actions related to
staking or additional yield generation using the ether held by their ETFs.
Hong Kong is considering allowing staking for
exchange-traded funds (ETFs) investing directly in ether. The Securities and
Futures Commission (SFC) of Hong Kong is engaging the city’s cryptocurrency ETF
issuers about providing staking services through licensed platforms, The Business
Times reported.
Passive Crypto Income
This potential regulatory change could open a new
source of passive income for investors, positioning Hong Kong ahead of the US,
where such offering is restricted. Staking offers investors a way to earn
passive income by locking tokens on the Ethereum network to help validate
transactions, currently yielding about 4% annually in additional coins.
If the SFC approves the staking yields, it could
significantly enhance the attractiveness of Hong Kong’s spot-crypto ETFs, which
have experienced moderate demand since their launch in April. This move could
give Hong Kong a competitive edge over the US, which recently approved spot
ether ETFs applications by Nasdaq, Cboe, and NYSE.
Hong Kong is actively positioning itself as a digital
asset hub, competing with cities like Singapore and Dubai. This follows the
implementation of a dedicated regulatory regime last year aimed at rejuvenating
the city’s status as a financial center after a period of political
unrest.
Beyond ETFs, Hong Kong is reviewing several
applications to increase the number of licensed digital asset exchanges.
Additionally, it is developing a framework for stablecoins, which are typically
pegged to fiat currencies and backed by reserves of cash and bonds.
In a significant development, the US SEC approved applications from major exchanges like Nasdaq, CBOE, and the NYSE to list
ETFs tied to the price of ether yesterday (Thursday). This
milestone potentially paves the way for the launch of these funds later in
the year, pending regulatory formalities and investor disclosures.
US Grants Partial Approval for Ether ETFs
As the SEC deadline to decide the fate of several
applications for ether ETFs approached, major asset management firms,
including BlackRock, Grayscale, and Bitwise, made significant adjustments to
their applications. These adjustments entailed removing provisions for staking.
While staking offers an avenue for generating passive income, the US regulators view it as constituting the offering of
unregistered securities. Hence, companies like BlackRock have explicitly stated
in their amended filings that they will not engage in actions related to
staking or additional yield generation using the ether held by their ETFs.
The girl who accused Gateway Church founder Robert Morris of sexually abusing her when she changed into once 12 for the period of the Eighties claimed that his church had been attentive to his crime ahead of conducting an investigation this week, which resulted in his resignation from the ministry. “The management at Gateway got staunch ogle of this crime in 2005 after I sent an electronic mail correct away to Robert Morris’ Gateway electronic mail address. Inclined Gateway elder Tom Lane got and spoke back to my electronic mail, acknowledging that the sexual abuse started on December 25, 1982, after I changed into once 12 years primitive,” Cindy Clemishire, now 54, acknowledged in a assertion released Tuesday night by her attorney Boz Tchividjian, The Christian Post experiences.
“Every other time in 2007, my then attorney Gentner Drummond (the fresh Criminal skilled General of Oklahoma) sent a letter to Robert Morris with the hope that he would reduction reimburse me for the hundreds of bucks I had expended in counseling because this abuse. His attorney acknowledged the dates to boot and then attempted guilty me for the abuse,” she insisted. “On the least, both the Gateway pastor and in spite of the entire lot one elder had specific ogle that I changed into once sexually abused starting up after I changed into once 12 years primitive. Gateway had the knowledge but deliberately determined to comprise the fraudulent yarn Robert Morris wanted to deem.”
As Crosswalk Headlines beforehand reported, Gateway Church announced that Morris resigned as lead pastor after the board of elders retained a law agency to investigate the claim that he sexually abused Clemishire over three an extended time within the past when she changed into once good 12 years primitive. Per Clemishire, the abuse started on December 25, 1982, and went on for roughly four-and-a-half of years.
After Clemishire went public with the allegation closing weekend, Morris told The Christian Submit in a assertion that he had engaged in “defective sexual conduct with a younger lady” when he changed into once a pastor in his early 20s. This precipitated him to step away from the ministry for 2 years before being biblically restored in 1987.
Even though beforehand stating that Morris changed into once clear with them about his past sin, the elders acknowledged in their most stylish assertion that Morris did not half that the abuse changed into once to a “12-year-primitive miniature one.”
“Regretfully, ahead of Friday, June 14, the elders did not rep the full facts of the defective relationship between Morris and the victim, including her age on the time and the size of the abuse. The elders’ prior determining changed into once that Morris’s extramarital relationship, which he had discussed repeatedly for the period of his ministry, changed into once with ’a younger lady’ and not abuse of a 12-year-primitive miniature one,” the elders explained.
“Even though it came about decades before Gateway changed into once established, as leaders of the church, we feel sorry about that we did not rep the knowledge that now we rep. We are heartbroken and appalled by what has reach to light over the final few days, and we advise our deep sympathy to the victim and her household,” the elders added.
In the announcement of Morris’ resignation, Gateway Church elders acknowledged they’ve retained the law agency of Haynes & Boone, LLP, to “conduct an neutral, thorough, and skilled review of the file of past abuse to be optimistic that we’ve a complete determining of the events from 1982-1987.”
Per its internet diagram, the agency has expertise in over 40 essential good prepare areas, including crisis management.
Clemishire eminent the agency’s expertise in serving to their prospects with “prompt and lengthy-period of time ideas well-known to mitigate financial and reputational loss and stabilize in a crisis instruct.”
“This would not seem like an neutral investigation, and this deeply considerations me,” she argued.
She furthermore supported Tchividjian’s demand Gateway Church to elongate on the investigation into Morris’ time main the congregation.
“True days within the past, the Gateway elders released a assertion asserting, ‘For the explanation that decision of the 35-year-primitive matter, there had been no other ethical failures.’ Now that they’ve allegedly good learned that he changed into once being untruthful, why limit the investigation to his conduct between 1982 and 1987? Why not lengthen the investigation to his complete tenure at Gateway Church?” Tchividjian requested. “Moreover, why rep they retained a law agency that specializes in ‘crisis management?’”
Speaking to USA On the present time, Tchividjian acknowledged that he’s exploring “all ideas” legally, but as a result of the statute of limitations in feature within the gradual Eighties for sexual abuse changed into once “moderately short,” Morris can’t face legal or civil charges.
“This good demonstrates the absolute significance of statute of limitations reform, both in legal and civil cases,” Tchvidijian told the newsletter. “When somebody is traumatized as moderately of 1, for a lot of, it takes an extended time to course of that trauma to even be in a position to talk out or earn something about it.”
Despite being grateful over Morris’ resignation, Clemishire acknowledged she believes there are extra victims who he has abused.
“Right here’s good the starting up. I wholeheartedly and sadly deem I’m not the most efficient victim. I attend someone who has been sexually victimized by a leader at Gateway Church to take the mettlesome step ahead and advise something,” she acknowledged on Tuesday.
“Now’s the time. Please know that you just are going to be supported and couldn’t poke this dawdle alone. I hope and pray that the management at Gateway Church will echo this encouragement, vivid that this will most definitely be an different to search out the truth whereas providing reduction and restitution to victims.”
In light of the sex abuse allegations, Morris changed into once dropped from being on Trump’s Evangelical Executive Advisory Board, constant with a spokesperson for Trump’s 2024 presidential marketing and marketing campaign.
Morris hosted Trump at Gateway Church in June 2020 when the same outdated president referred to him and fellow Pastor Steve Dulin as “mountainous other folks with a mountainous reputation.” Marketing and marketing campaign spokesman Steven Cheung, however, told The Fresh York Times that he changed into once not integrated this year.
Milton Quintanilla is a freelance author and disclose material creator. He’s a contributing author for CrosswalkHeadlines and the host of the For Your Soul Podcast, a podcast devoted to sound doctrine and biblical truth. He holds a Masters of Divinity from Alliance Theological Seminary.
