🔍 Market Overview:
Bitcoin surges past $90,000 as Trump delays auto tariffs on Canada and Mexico, while Mt. Gox's $1.07B $BTC movement creates market jitters. The total crypto market cap has rebounded above $3 trillion amid increasing institutional interest and regulatory developments.
💰 Bitcoin (BTC) News:
• Mt. Gox transfers $1.07B worth of Bitcoin to new wallet, sparking market concerns #MtGoxTransfers
• Michael Saylor suggests US might purchase 1M Bitcoin for strategic reserves #BTCNextATH
• New Hampshire's Bitcoin reserve bill clears House Committee
• US Customs begins releasing Chinese-made Bitcoin miners after regulatory delays #
• Bitcoin ETFs record third straight day of net outflows, led by Valkyrie's BRRR
• Raoul Pal predicts Bitcoin bull market could extend into 2026
• Fidelity declares Bitcoin "no longer overpriced"
💰 Altcoins & Memecoins:
• Cardano (ADA skyrockets 46% in 7 days, touching $1.02
• $XRP sees 620% surge in active addresses
• Shiba Inu burn rate soars 5,440% with millions of SHIB burned
• $ETH reclaims $2,300 despite weakening DeFi metrics
• Arbitrum (ARB) jumps 13% following Robinhood listing
• Solana records 88% drop in token growth
🏛️ Regulations & Legal:
• US Senate votes to repeal IRS DeFi reporting rule #MarketRebound
• CFTC and SEC staff engage in digital asset discussions
• India's Income Tax Department to monitor crypto holdings from April 2026
• Former Treasury Secretary Mnuchin maintains anti-crypto stance #
🌎 DeFi, NFTs & Blockchain Developments:
• Trump's World Liberty Financial purchases $21.5M in $ETH, WBTC, and MOVE
• Solv Protocol partners with Sony-backed Soneium for BTC staking expansion
• Skate launches first cross-VM AMM supporting Solana and Ethereum
• COTI announces Africa Tokenization Council initiative
📌 What You Should Know:
• Mt. Gox's massive BTC movement could impact short-term market stability
• US government showing increased interest in Bitcoin as strategic reserve asset
• Layer-2 solutions gaining momentum with Arbitrum's Robinhood listing
• Cross-chain infrastructure development accelerating with new launches
🎙️Quote of the Day:
"When Mt. Gox moves billions, the market gets PTSD flashbacks faster than your ex double-tapping your Instagram posts from 2022! 😰"
🔍Trading Insights:
Technical indicators suggest strong resistance at $92,200 for Bitcoin, while Ethereum's rising exchange reserves warrant caution despite bullish signals. Traders should monitor Mt. Gox wallet movements and upcoming White House Crypto Summit developments for potential market impacts.
Happy Investing,
Team Koonai🦝
