6h Crypto Highlights: Crypto ATMs, Market Movements, Predictions, and More!

In a significant regulatory move, Spokane, Washington has banned crypto ATMs, sparking discussions about the future of digital currency access in the region. This decision reflects growing concerns over the use of cryptocurrency for illicit activities. 🚫

Meanwhile, the U.S. Department of Justice, in collaboration with Europol, has successfully seized the world’s largest dark web drug market operating via #Monero. This operation underscores the ongoing battle against illegal activities facilitated by cryptocurrencies. ⚖️

In China, the central bank has expressed intentions to promote a multi-currency world, indicating a shift towards diversifying financial systems. This could influence global crypto dynamics, especially as countries explore digital currencies. 🌍

In Thailand, the government has decided to scrap the capital gains tax on cryptocurrencies until 2029, aiming to encourage investment in the digital asset space. This move is expected to attract both local and international investors to the Thai market.

On the blockchain front, #Solana is currently testing a critical support level at $14.5, with traders closely monitoring its resilience. This price point could determine the short-term trajectory of the token amid fluctuating market conditions.

Future Predictions & Token Movements

Analysts are predicting that #Bitcoin could experience a price rally, driven by mid-cycle metrics indicating bullish trends. The upcoming halving event is also anticipated to serve as a catalyst for potential price increases. 📈

Furthermore, #Pi_Network has been highlighted for its potential to rebound, with predictions suggesting it could reach $0.40 after a significant crash. However, market sentiment remains cautious as the project continues to develop.

Notably, #TRON‘s recent $10 billion black market involvement has raised eyebrows, potentially affecting its plans for a public listing. This controversy may impact investor confidence and future growth strategies.

Hyped tokens:

• #TRON – The recent news about its black market connection has stirred significant debate.
• #Monero – Its use in dark web transactions has put it in the spotlight amid regulatory discussions.
• #Bitcoin – Continues to dominate discussions with its upcoming halving and price predictions.
• #Solana – Recently testing support levels, it remains a focal point for traders.

Best Tokens to Watch

• #Bitcoin – Strong mid-cycle metrics suggest a potential price rally.
• #Pi_Network – Analysts predict a rebound after recent downturns.
• #Solana – Testing critical support, could bounce back if it holds.

Tokens to Avoid

• #TRON – Controversy surrounding its connection to the black market raises concerns.