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Solana Eyes $300 as Chart Signals Major Breakout Potential
Solana (SOL) could be gearing up for a massive rally to $300—if key technical levels hold. The price recently tested $180 resistance and, despite some pullback, has closed above the important 50-week moving average for three straight weeks—a signal of strong long-term momentum.
Back in late 2023, this same pattern sparked a 500% surge. Analysts now believe a similar move could be brewing, with chart tools like the Fibonacci extension pointing to a $300 target—about 70% higher from current prices.
Meanwhile, $7.5 billion in SOL futures open interest and negative funding rates suggest traders are betting against the price—raising the risk of a short squeeze that could accelerate gains.
Still, if SOL fails to break $180 soon, a dip to the $150 range may come first.
GameStop Goes Crypto: Buys 4,710 Bitcoin in Bold Investment Shift
GameStop has officially entered the world of Bitcoin, confirming a major purchase of 4,710 BTC—worth over $500 million. This marks the video game retailer’s first crypto investment since announcing plans in March to explore alternative assets.
The move was funded through a $1.3 billion convertible notes offering, signaling GameStop’s growing interest in digital finance. While the company didn’t share exact purchase details, the investment confirms long-standing rumors of a shift toward crypto.
GameStop stock has surged on the news, jumping 30% in the past month. This puts the company alongside major players like MicroStrategy and Metaplanet, who are also adding Bitcoin to their balance sheets.
With corporate interest in Bitcoin heating up, GameStop’s bold entry could be just the beginning of a bigger trend.
TON Falls After Elon Musk Denies Telegram xAI Deal Is Final
The price of TON took a hit after Elon Musk clarified that no official deal has been signed between xAI and Telegram, despite a bold announcement by Telegram CEO Pavel Durov.
Earlier, Durov stated that xAI’s chatbot Grok would be integrated into Telegram for over a billion users—sparking a 14% rally in TON. However, Musk later responded on X, saying, “No deal has been signed,” cooling investor excitement fast. TON quickly dropped from $3.60 to $3.28.
While Durov later admitted the deal is only agreed “in principle,” the back-and-forth highlights the volatility of crypto markets tied to tech headlines. If finalized, the partnership would bring Telegram a reported $300 million in cash and equity, along with a 50% cut of xAI revenue on the platform..
Pakistan Powers Up Bitcoin Mining and AI with 2,000MW Energy Push
Pakistan is making a bold move to become a digital powerhouse by allocating 2,000 megawatts of surplus electricity to Bitcoin mining and AI development. Backed by the Ministry of Finance and led by the Pakistan Crypto Council, the initiative aims to attract billions in foreign investment and generate high-tech jobs.
The plan rolls out in two phases—first using excess energy for mining and AI infrastructure, followed by a transition to renewable power. Tax breaks and duty exemptions have already caught the attention of global investors, with multiple delegations visiting to explore partnerships.
To support this digital pivot, Pakistan has also launched the Pakistan Digital Assets Authority (PDAA) to regulate crypto, DeFi, and blockchain ventures. With over 27 million projected crypto users by 2025, Pakistan is quickly climbing the ranks of global crypto adoption.
Why Crypto Nomads Are Flocking to Portugal
Portugal has quietly become one of the hottest spots for crypto professionals looking to work and live abroad. With 0% tax on crypto held for over a year, affordable living costs, and stunning beaches, it’s no wonder digital nomads are making the move.
Take Catrina Wang, a venture fund manager, who missed a flight home and ended up staying for good. Now living in seaside Cascais, she’s part of a growing community of crypto founders and VCs choosing Portugal for its laid-back vibe and favorable tax rules.
Whether you're a builder, trader, or investor, Portugal offers a Digital Nomad Visa with easy requirements — about $4,000/month income and basic health insurance. From Lisbon’s buzzing startup scene to the relaxed lifestyle of the Algarve, it’s a blend of business and balance. Sure, bureaucracy can be slow, but for many, Portugal’s lifestyle and tax perks are worth it.
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