Coinedition

Bitcoin maintains bullish momentum above $90,000. Analyst assesses BTC’s potential to retrace before reaching $100K. Retracing before surging to $100K is not sacrosanct for Bitcoin.

Sowmay Jain thinks the Fluid DeFi protocol is a worthy competitor for Uniswap. Jain highlighted Fluid DEX’s achievements three weeks post-launch. Uniswap is the highest-ranked DEX in the crypto industry by daily trading volume.

ONDO token surged 35% amid integration with PayPal USD (PYUSD). The partnership enables 24/7 liquidity between PYUSD and Ondo’s tokenized U.S. Treasuries (OUSG). Analysts predict further growth, with targets of $3.40 and potential Binance listing momentum.

Russia proposes a 15% tax on crypto trading and mining income to boost revenue and ensure balance. New regulations require mining operators to report user details and register with tax authorities. Tax measures could generate $521M–$700M annually, enhancing Russia’s crypto-mining leadership.