Revolut has secured a new license in Cyprus, paving the way for broader EU operations. This move raises questions about which cryptocurrencies could benefit. Could this boost the prospects of POL, SOL, and INJ? The article will explore how these digital assets might fare in the evolving market landscape. POL (ex-MATIC) Struggles but Holds Potential for Growth Source: tradingview  POL's price movements are currently between sixteen and twenty-one cents. It has been on a rough path, dropping by about 3% over the past week and over 16% in the last month. Despite this, the coin clings onto its nearest support at just above fifteen cents. If POL can break past the nearest resistance at roughly twenty-three cents, it might surge towards its second resistance at about twenty-seven cents. This would mean a potential increase of more than 25% from its current level. With an RSI under fifty, it's neither overbought nor oversold, indicating a balanced market stance right now. Its journey is challenging, but there's room for hope. Solana Eyes Growth Despite Recent Dips Source: tradingview  Solana (SOL) is seeing some ups and downs in its price movements. It currently trades between one hundred seventy-one and a little over two hundred dollars. The coin has strong resistance at two hundred twenty-eight dollars, with support found at one hundred fifty-four dollars. Over the past week, SOL dropped by just over 2.6%, and over the last month, it fell by more than 14%. However, it has grown by about 25% in the last six months. If SOL manages to break past its first resistance level, it could potentially rise to nearly twenty-eight percent to hit its second resistance at two hundred sixty-five dollars. The coming weeks will be crucial for Solana’s momentum and potential growth. Injective (INJ) Shows Potential for Rebound Amid Price Dips Source: tradingview  Injective (INJ) is currently priced between $7.52 and $9.84. Recent trends show it is down nearly a third over the past month. Yet, its price volatility hints at a possible bounce. The nearest resistance is just above $11, which suggests room for growth. If INJ hits this level, it could climb around 30% from its low right now. Breaking past $13 could add a further 37% increase. While challenges exist, signs are there for a rise. The technical indicators provide mixed signals. With the right conditions, investors could see some gains. It is crucial to watch how this unfolds in the coming weeks. Conclusion The new license could boost Revolut's presence in the European Union. This could provide more exposure for POL, SOL, and INJ. As Revolut grows, these coins might gain more traction among retail investors. Increased accessibility through a major platform may foster greater adoption. This development has potential implications for the broader crypto market, particularly for these specific coins. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Revolut has secured a new license in Cyprus, paving the way for broader EU operations. This move raises questions about which cryptocurrencies could benefit. Could this boost the prospects of POL, SOL, and INJ? The article will explore how these digital assets might fare in the evolving market landscape. POL (ex-MATIC) Struggles but Holds Potential for Growth Source: tradingview  POL's price movements are currently between sixteen and twenty-one cents. It has been on a rough path, dropping by about 3% over the past week and over 16% in the last month. Despite this, the coin clings onto its nearest support at just above fifteen cents. If POL can break past the nearest resistance at roughly twenty-three cents, it might surge towards its second resistance at about twenty-seven cents. This would mean a potential increase of more than 25% from its current level. With an RSI under fifty, it's neither overbought nor oversold, indicating a balanced market stance right now. Its journey is challenging, but there's room for hope. Solana Eyes Growth Despite Recent Dips Source: tradingview  Solana (SOL) is seeing some ups and downs in its price movements. It currently trades between one hundred seventy-one and a little over two hundred dollars. The coin has strong resistance at two hundred twenty-eight dollars, with support found at one hundred fifty-four dollars. Over the past week, SOL dropped by just over 2.6%, and over the last month, it fell by more than 14%. However, it has grown by about 25% in the last six months. If SOL manages to break past its first resistance level, it could potentially rise to nearly twenty-eight percent to hit its second resistance at two hundred sixty-five dollars. The coming weeks will be crucial for Solana’s momentum and potential growth. Injective (INJ) Shows Potential for Rebound Amid Price Dips Source: tradingview  Injective (INJ) is currently priced between $7.52 and $9.84. Recent trends show it is down nearly a third over the past month. Yet, its price volatility hints at a possible bounce. The nearest resistance is just above $11, which suggests room for growth. If INJ hits this level, it could climb around 30% from its low right now. Breaking past $13 could add a further 37% increase. While challenges exist, signs are there for a rise. The technical indicators provide mixed signals. With the right conditions, investors could see some gains. It is crucial to watch how this unfolds in the coming weeks. Conclusion The new license could boost Revolut's presence in the European Union. This could provide more exposure for POL, SOL, and INJ. As Revolut grows, these coins might gain more traction among retail investors. Increased accessibility through a major platform may foster greater adoption. This development has potential implications for the broader crypto market, particularly for these specific coins. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Revolut Bags Cyprus License for EU Expansion — Could POL, SOL and INJ Ride a Retail On-Ramp Wave?

2025/10/24 02:22

Revolut has secured a new license in Cyprus, paving the way for broader EU operations. This move raises questions about which cryptocurrencies could benefit. Could this boost the prospects of POL, SOL, and INJ? The article will explore how these digital assets might fare in the evolving market landscape.

POL (ex-MATIC) Struggles but Holds Potential for Growth

Source: tradingview 

POL's price movements are currently between sixteen and twenty-one cents. It has been on a rough path, dropping by about 3% over the past week and over 16% in the last month. Despite this, the coin clings onto its nearest support at just above fifteen cents. If POL can break past the nearest resistance at roughly twenty-three cents, it might surge towards its second resistance at about twenty-seven cents. This would mean a potential increase of more than 25% from its current level. With an RSI under fifty, it's neither overbought nor oversold, indicating a balanced market stance right now. Its journey is challenging, but there's room for hope.

Solana Eyes Growth Despite Recent Dips

Source: tradingview 

Solana (SOL) is seeing some ups and downs in its price movements. It currently trades between one hundred seventy-one and a little over two hundred dollars. The coin has strong resistance at two hundred twenty-eight dollars, with support found at one hundred fifty-four dollars. Over the past week, SOL dropped by just over 2.6%, and over the last month, it fell by more than 14%. However, it has grown by about 25% in the last six months. If SOL manages to break past its first resistance level, it could potentially rise to nearly twenty-eight percent to hit its second resistance at two hundred sixty-five dollars. The coming weeks will be crucial for Solana’s momentum and potential growth.

Injective (INJ) Shows Potential for Rebound Amid Price Dips

Source: tradingview 

Injective (INJ) is currently priced between $7.52 and $9.84. Recent trends show it is down nearly a third over the past month. Yet, its price volatility hints at a possible bounce. The nearest resistance is just above $11, which suggests room for growth. If INJ hits this level, it could climb around 30% from its low right now. Breaking past $13 could add a further 37% increase. While challenges exist, signs are there for a rise. The technical indicators provide mixed signals. With the right conditions, investors could see some gains. It is crucial to watch how this unfolds in the coming weeks.

Conclusion

The new license could boost Revolut's presence in the European Union. This could provide more exposure for POL, SOL, and INJ. As Revolut grows, these coins might gain more traction among retail investors. Increased accessibility through a major platform may foster greater adoption. This development has potential implications for the broader crypto market, particularly for these specific coins.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

BitcoinWorld Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis In a crucial political breakthrough, the US Senate has approved a temporary budget bill that resolves the looming government shutdown crisis. This decisive action brings relief to millions of Americans and federal workers who faced uncertainty about government operations and services. What Does the Temporary Budget Bill Accomplish? The newly passed temporary budget bill provides essential government funding through January, ensuring continuous operation of federal agencies and services. This stopgap measure passed with a solid 60-40 vote margin, demonstrating bipartisan support for keeping the government functioning. Following the bill’s approval, President Donald Trump expressed optimism about the shutdown ending soon. The temporary budget bill represents a practical solution that allows more time for comprehensive budget negotiations while preventing immediate disruption to government services. Why Was This Temporary Budget Bill Necessary? Government shutdowns create widespread consequences that affect: Federal employee pay and benefits Essential public services National park operations Economic stability and market confidence The temporary budget bill serves as a bridge solution, providing lawmakers additional time to reach consensus on longer-term funding arrangements. This approach prevents the damaging effects of a full government shutdown while maintaining critical operations. How Does the Political Process Unfold From Here? With the temporary budget bill now passed, attention shifts to the House of Representatives and presidential approval. The legislative process requires both chambers to agree on identical versions before the bill reaches the President’s desk for signature. This temporary budget bill success follows reports of senators reaching partial agreements earlier in the week. The 60-40 vote margin indicates significant cross-party cooperation, suggesting growing consensus around the urgency of avoiding a government shutdown. What Are the Immediate Impacts of This Decision? The passage of this temporary budget bill brings several immediate benefits: Federal workers can continue their duties without interruption Government services remain accessible to citizens Economic uncertainty decreases International confidence in US stability strengthens Moreover, the temporary budget bill creates a stable environment for businesses and individuals who rely on consistent government operations. This stability is crucial for maintaining economic momentum and public confidence. Looking Ahead: What Comes After This Temporary Budget Bill? While this temporary budget bill resolves the immediate crisis, it sets the stage for more comprehensive budget negotiations in the coming months. Lawmakers now have until January to develop a longer-term funding solution that addresses broader fiscal priorities. The successful passage of this temporary budget bill demonstrates that bipartisan cooperation remains possible in challenging political environments. It serves as a model for future negotiations and highlights the importance of pragmatic solutions over ideological standoffs. Frequently Asked Questions What is a temporary budget bill? A temporary budget bill, often called a continuing resolution, provides short-term funding to keep government operations running when full-year budgets aren’t approved by the deadline. How long does this temporary budget bill last? This specific temporary budget bill funds the government through January, giving lawmakers several months to negotiate a more comprehensive budget agreement. What happens if a temporary budget bill isn’t passed? Without a temporary budget bill or full budget approval, the government would partially shut down, furloughing non-essential workers and suspending many services. Can the temporary budget bill be extended? Yes, temporary budget bills can be extended if lawmakers need additional time to reach agreement on longer-term funding solutions. What services continue during temporary budget periods? Essential services like national security, air traffic control, and law enforcement continue, while non-essential services may operate with reduced staffing. How does this affect federal employees? Federal employees continue working and receiving pay during temporary budget bill periods, avoiding the uncertainty of potential furloughs. Found this analysis helpful? Share this article with others who need to understand how the temporary budget bill affects our government and economy. Your shares help spread accurate information about important political developments. To learn more about how government decisions impact financial markets, explore our article on key developments shaping economic policy and market reactions. This post Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis first appeared on BitcoinWorld.
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Coinstats2025/11/10 12:10