Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. SEC Drops HEX Fraud Case: The SEC has officially dropped its lawsuit against HEX founder Richard Heart after a judge ruled the agency lacked jurisdiction over his crypto offerings.

2. 📈Technical Analysis Masterclass - BONK is showing early signs of a bullish trend reversal. Watch UseTheBitcoin’s latest Youtube video “BONK Is Heating Up! Don’t Miss This Trend Reversal Signal!” to see why you might not want to miss it or join our Official Telegram Channel for more alpha!

3. Meteora Faces $69M Lawsuit: Solana-based DEX Meteora is being sued over a $69M rug pull involving its M3M3 meme coin.

4. 💡Feature of the Day - Trump Media Launching ETFs: Trump Media is launching U.S.-focused crypto and securities ETFs via Truth.Fi and Crypto.com.

   
   All this and more in today’s headlines!

📰 News Highlights:

SEC Drops HEX Case [Source][Source][Source]

The U.S. SEC has officially ended its securities fraud case against Richard Heart, founder of HEX, PulseChain, and PulseX, without refiling an amended complaint.

This comes after a February dismissal where the judge found that Heart's actions didn’t target U.S. investors directly, meaning the SEC lacked jurisdiction.

Heart celebrated the decision as a win for open-source code and free speech, unlike other cases the SEC dropped, his was dismissed in court—making it a landmark moment for crypto regulatory clarity.

 📈Technical Analysis Masterclass:

BONK Is Heating Up! Don’t Miss This Trend Reversal Signal!

📈 Technical Indicators Point to Bullish Momentum

1. 50-Day Moving Average (MA)

• BONK is now trading above the 50 MA — a classic short-term bullish signal.

2. 100-Day Moving Average (MA)

• BONK is approaching the 100 MA (blue line), a key resistance level used by institutional traders.

• A break and close above this level could mark the start of a new uptrend.

3. Relative Strength Index (RSI)

• RSI is above 50, indicating bullish momentum.

• Still well below 70, meaning there's room to grow before overbought conditions kick in.

4. MACD (Moving Average Convergence Divergence)

• Green histogram bars suggest buying momentum is strong.

• MACD line remains above the signal line — another bullish confirmation.

✅ Suggested Trading Strategy

• Cut-loss: Set just below recent lower lows to limit downside risk.

• Take-profit: Target the 200 MA (orange line) — a historical resistance level.

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

Meteora Pump Lawsuit [Source][Source][Source]

Solana-based DEX Meteora is facing a class action lawsuit over its M3M3 meme coin launch, accused of orchestrating a $69 million “rug pull.”

Plaintiffs alleged that the token’s launch was rigged using 150 insider wallets that gained control over 95% of the supply within 20 minutes.

Meteora, its founder Benjamin Chow, Kelsier Ventures, and others are accused of inflating the token’s value before dumping it on retail investors.

💡 Feature of the Day: 

Trump Media ETFs [Source]

Trump Media & Technology Group has partnered with Crypto.com and Yorkville America Digital to launch a line of exchange-traded funds (ETFs) focused on U.S.-based crypto and securities.

The ETFs, to be released through Truth.Fi and Crypto.com’s broker-dealer Foris Capital, aim to highlight "Made in America" assets across sectors like energy.

The firm plans to invest part of its own reserves and will also roll out Truth.Fi-managed accounts.

😂 Crypto Meme of the Day: 

Meme of the day provided by @FullMag

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com