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Bitcoin Explodes Then Stabilizes After Trump’s Pro-Crypto Executive Order

Bitcoin approached last week's peak, trading around $117,000 following a series of new executive orders from President Donald Trump on Thursday, including allowing crypto to be included in 401(k) retirement plans and banning the “debanking” of cryptocurrency-related projects.

Immediately after the announcement, the price $BTC increased by 2.3%, reaching $117,580, leading to nearly $300 million in short positions being liquidated – the highest in 3 weeks. Open interest in Bitcoin futures rose from $9.71 billion to over $10 billion, but quickly decreased back to previous levels, indicating strong profit-taking despite buyers still trying to maintain upward momentum.

Gerry O’Shea (Hashdex) noted that the White House's move signifies the “legalization” of crypto, creating long-term confidence, although the short-term price impact may be limited. He predicts that if the positive trend continues, Bitcoin could reach $140,000 this year.

Market signals indicate that although the bulls are under short-term pressure, Trump’s friendly policies have created an important foundation for the long-term rise of crypto. #anhbacong

Source: #Decrypt

Bitcoin rises after Trump appoints Bitcoin-supporting economist to the Fed

Bitcoin has rebounded, surpassing the $117,500 mark, after President Donald Trump unexpectedly appointed economist Stephen Miran to the Board of Governors of the Federal Reserve (#Fed ). Miran is known as a Bitcoin supporter.

Looser policies and market impact

According to Greg Magadini, Director of Derivatives at Amberdata, Miran's appointment is interpreted by traders as a signal that the Fed's monetary policy will be more accommodative in the future, aligning with the Trump administration's desires. The market's positive reaction, with price #bitcoin increasing by 2%, indicates that investors believe this policy shift will benefit digital assets.

Risks and long-term outlook

However, Magadini also warns of potential risks. If the Fed loses its independence and ability to combat inflation, this could create a situation similar to the 1970s, when inflation surged significantly. Nevertheless, with inflation still persistent and demand for safe-haven assets like gold increasing, some analysts believe that Bitcoin may benefit from these inflation concerns.
Although the cryptocurrency market remains small compared to traditional assets, the appointment of a Bitcoin supporter to a key position at the Fed is a positive sign of increasing acceptance among politicians for digital assets, creating a more favorable environment for the development of this industry.
source: #Decrypt

Bitcoin recovers, Ethereum, Solana and XRP surge after President Trump allows crypto in 401(k)

The cryptocurrency market is witnessing a strong recovery, with major altcoins like $ETH , $SOL and $XRP all seeing significant price increases. The main reason is the news that President Donald Trump is preparing to sign an executive order allowing cryptocurrencies to be included in U.S. 401(k) retirement accounts.

Positive impact on the market

According to a report from Bloomberg, this order will pave the way for alternative assets such as cryptocurrencies, private stocks, and real estate to be held in 401(k) accounts. With a total asset value in 401(k) accounts reaching approximately $8.7 trillion, this news has created a strong wave of optimism in the market.
This recovery has helped Ethereum rise 7.3%, Solana increase 4.9%, and XRP gain 4.1% in the past 24 hours. Other tokens like Cardano, Dogecoin, and Sui also recorded significant increases.
This news not only helps the market recover after concerns about trade wars but also strengthens confidence in the acceptance of major investors. Although 401(k) accounts have been able to access cryptocurrencies through ETF funds, allowing direct asset holding will open up a new potential flow of funds into the market, driving sustainable growth in the crypto industry.
Source: #Decrypt

Trump Prepares to Sign Executive Order to Protect Crypto from "Bank Discrimination"?

President #DonaldTrump is expected to sign an executive order this week aimed at protecting cryptocurrency companies and conservative organizations from being "discriminated against" by banks.

According to the Wall Street Journal, the order will require banking regulators to investigate violations of equal credit opportunity laws and consumer protections—particularly in cases where banks unilaterally close customer accounts for political reasons or crypto-related activities. Violating banks could face financial penalties or other sanctions.

This move is seen as the strongest reaction from $TRUMP to what is termed "Operation Chokepoint 2.0," allegedly a covert policy from the Biden administration aimed at tightening banking access for the crypto industry.

Trump previously shared with #Decrypt that large banks were "very harsh" with him under Biden and believes that federal agencies are behind the "debanking" policy.

If signed, the order will require:

Elimination of internal policies allowing "debanking".

Requesting the Federal Reserve (Fed) to review the banking system access for crypto companies.

Transferring violation records to the Department of Justice.

Despite the legal controversies, this move shows that the Trump administration is serious about paving the way for crypto in the traditional financial system.

Note: This article is for informational purposes only and should not be considered investment advice.

Bitcoin Faces "Chopsolidation" – Mild Correction Instead of Collapse?

Bitcoin has just slightly recovered from last weekend's low, rising 1.5% to about $112,692, but many experts warn that this recovery may not last due to increasing macro pressures.

According to #Decrypt , investors are concerned about the risk of a widespread "sell-off" as CTA (Commodity Trading Advisors) funds hold the highest stock buy positions in 4 years (110%). If the stock market experiences a strong profit-taking, Bitcoin – being a risky asset – will also face selling pressure.

Additionally, crypto options traders are betting on the possibility of a BTC correction, with target levels down to 100,000 or even 80,000 USD – equivalent to a 10%-30% drop in the next month.

However, some analysts do not believe Bitcoin will plunge deeply. Experts from CryptoQuant predict $BTC will fluctuate around the current range instead of breaking below $112,000, calling this a "chopsolidation" phase – a sideways market in the short term.

Moreover, expectations of the U.S. Federal Reserve (Fed) soon lowering interest rates are rising after the employment data for May-June was sharply revised down. According to the FedWatch tool, the chance of the Fed cutting rates by 25 basis points in September has risen to 81.7%.

In summary: The Bitcoin market may be temporarily stabilizing, but there are no signs of collapse. Patience and closely monitoring macro signals will be key for crypto investors at this time.

Warning: Investing in cryptocurrency carries significant risks and may not be suitable for everyone.
#anhbacong

Spotify secrets of the crypto world revealed

A leak named Panama Playlists has just caused a stir in the crypto and AI community by revealing the Spotify playlists of many famous figures, including Coinbase CEO Brian Armstrong, former FTX CEO Sam Bankman-Fried (SBF), and OpenAI CEO Sam Altman.

🔹 Brian Armstrong possesses a shocking playlist called “Repeat” – consisting of the same trance track repeated 60 times, which he says helps him focus deeply on work. Additionally, he listens to the musical Hamilton and Whitney Houston in the mornings.

🔹 Sam Bankman-Fried, who is serving a 25-year prison sentence, has two contrasting playlists:

– “Soft”: emotional with Yellow (Coldplay), No Surprises (Radiohead), and Hey There Delilah.

– “Loud”: explosive with Mr. Brightside, Not Afraid, Stronger. Notably, the last song he added before FTX collapsed was Save Your Tears by The Weeknd – as a portent of tears behind bars.

🔹 Sam Altman shows a diverse taste in music from Missy Elliott, Adele to classical and dance through the Shazam playlist.

This leak includes 49 Spotify accounts from technology leaders, politicians, to journalists. Although the authenticity cannot be verified 100%, some figures like Armstrong and Palmer Luckey (Oculus) have confirmed the information is true.

🟢 The music reveals more than you think: Not just personal preferences, these songs seem to reflect the emotional states, leadership styles, and life stages of the tech giants.
Source: #Decrypt

Ohio, with nearly 2 million digital asset owners, is moving towards state Bitcoin reserves, according to legislator Steve Demetriou (#Decrypt , 24/06/2025). After the House passed Bill 116 (HB 116), which provides a small tax exemption for crypto owners, Demetriou is pushing for Bill 18 (HB 18), allowing 10% of public funds to be invested in high-cap crypto such as Bitcoin (~$2 trillion USD, CoinGecko).
HB 116, which does not specifically mention Bitcoin, aims to establish blockchain regulations and protect crypto users from complex compliance requirements. HB 18, currently in committee, prioritizes digital assets with a market cap over $750 billion. Demetriou emphasizes education and bipartisan support to get HB 116 through the Senate and signed into law, positioning #Ohio as a leader in digital finance.
Risk Warning: The information is for reference only and is not investment advice.

Saudi Arabia is about to open its real estate market to foreigners

Saudi Arabia is undergoing rapid changes and becoming a new "investment feast." After many years of restrictions, the country will allow foreigners to own real estate starting January 1, 2026.

New investment opportunities in Riyadh and Jeddah

This decision, confirmed by Rachel Sturgess from Cityscape (the major real estate event in Saudi Arabia), allows foreign investors to purchase properties in Riyadh and Jeddah. Likely, the model will be similar to Dubai, focusing on the pre-sale of apartments and villas from large developers' projects. This formula has been very successful in the UAE, and Saudi Arabia seems to be following that path.
The opening of the real estate market for the first time in one of the most dynamic and wealthy countries in the world is a significant opportunity for those interested in this field. Although the author does not provide specific investment advice, the article serves as an early announcement for readers to follow and consider this opportunity before it becomes mainstream. #anhbacong
source: #Decrypt

🔍 FBI conducts a secret cryptocurrency money laundering operation themed "Elon Musk" for nearly a year 🕵️‍♂️💸

👤 Main character: Anurag Pramod Murarka, 30 years old, Indian citizen – sentenced to 10 years in prison for operating a digital asset conversion network worth over 20 million dollars 💰🌍

🧑‍💻 Murarka used aliases like “elonmuskwhm” to trade with groups in the black market, using the hawala system to transfer money and hide cash in children’s books 📚💵📦

After being lured to the U.S. and arrested, the FBI took over the entire system, operating from a post office "the size of a warehouse" in Kentucky 🏢📦 to track the flow of money and gather information.

⏳ In nearly a year of secret operations, the FBI impersonated Murarka and prevented an additional 1.4 million dollars from being converted 💼🚫

📊 Previously, the FBI reported assisting over 4,300 victims and preventing more than 285 million dollars in losses through cryptocurrency-related fraud cases 🛡️🔗

🧠 This is an extremely special case as it shows that the FBI not only tracks but also takes over and operates complex systems to investigate and dismantle suspicious networks 👊🎯

📚 You can read more at #Decrypt
#CryptoNews

Vietnam passes historic law: Officially recognizes digital assets, significant incentives for AI and chips

On June 15, 2025, the National Assembly of Vietnam passed the Law on Digital Technology Industry, marking an important milestone as digital assets are identified and legally recognized for the first time in Vietnam.

The law classifies digital assets into three main groups:

Virtual assets: used for exchange or investment.

Crypto assets: validated through encryption technology.

Other digital assets: such as digital data or non-blockchain digital products.

🎯 The law will take effect from January 1, 2026, and does not apply to securities, fiat digital currency, or traditional financial instruments.

📈 Alongside the legal framework for digital assets, the law also opens up unprecedented tax and investment incentives for businesses in the fields of AI, semiconductors, and digital infrastructure, aimed at preventing brain drain and attracting capital back home.

🔧 Companies investing in chips and AI may benefit from:

Corporate income tax of only 10% for 15 years

Exemption from import tax and land rent

Large projects also have an additional 5-year exemption from personal income tax for foreign experts

This law is expected to help Vietnam retain crypto talent, become an important link in the global technology supply chain, and aim for 150,000 digital technology enterprises by 2035.

Risk warning: The digital asset market always carries the potential for significant volatility. Investors need to thoroughly research and comply with current legal regulations. #Vietnam

Source: #Decrypt

🧠 Kraken‑Backed Rails Launches with $14M — Hybrid Exchange Emerging

New hybrid crypto exchange “Rails,” backed by Kraken, raises $14M.

Next-gen trading meets traditional execs—big moves incoming.

#Exchange #Hybrid #Kraken #Decrypt

On June 24, 2025, the U.S. Senate Banking Committee announced principles for crypto market structure legislation, emphasizing regulatory clarity, promoting innovation, and protecting consumers (#Decrypt ). Led by Republican Senators like Tim Scott and Cynthia Lummis, the principles define the legal status of digital assets, delineate regulatory agency authority, and modernize oversight.
This move comes ahead of a hearing with Coinbase and Multicoin Capital, amidst the Digital Asset Market Clarity Act, which shifts crypto oversight from the SEC to the CFTC, nearing a vote in the full House of Representatives. However, Senator Adam Schiff (D-CA) proposed the COIN Act, banning the President and family from profiting from crypto while in office, stirring controversy after the GENIUS Act was passed. With Bitcoin at $106,000 (CoinGecko), these regulations promote DeFi and blockchain, but the risk of conflicts of interest remains.
Risk warning: Information is for reference only, not investment advice. #anhbacong

Chinese company Webus bets on XRP: Positive signal for the Crypto market
More and more public companies are integrating digital assets into their financial strategies, and recently, Webus International, the Chinese travel ticketing company listed on Nasdaq, announced plans to establish a treasury worth $300 million. This is a positive sign for the maturity and potential of the cryptocurrency market.
Webus has filed with the SEC, detailing plans to add #Ripple XRP tokens to their balance sheet. This move shows confidence in XRP and is part of a trend where businesses learn from the successes of other large companies in accumulating digital assets. In addition to building an XRP treasury, Webus also plans to integrate blockchain into its system to optimize cross-border payments and increase transparency in travel services.
The fact that companies like #Webus are investing heavily in digital assets indicates that they view crypto not just as a speculative asset but also as part of a long-term strategy. Many other companies are also mimicking this strategy with other tokens, such as VivoPower investing in XRP or Sharplink in Ethereum. This wave of interest comes amid a strong revival in the digital asset market. The increase in public companies participating in the crypto space is clear evidence of the sustainable growth potential of the cryptocurrency market.
The information in this article is for reference only and is not investment advice. source: #Decrypt