๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ฝ๐ฝ๐ฟ๐ผ๐ฎ๐ฐ๐ต๐ฒ๐ $๐ต๐ฑ๐ ๐๐ ๐ช๐ต๐ฎ๐น๐ฒ ๐๐ฐ๐ฐ๐๐บ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ฟ๐ผ๐๐:
Bitcoin (BTC) has risen to around $94,828, a 11% increase this week. The increase is driven by massive accumulation by large holders, with whales and sharks accumulating more than 19,000 BTC. Strong demand from U.S. investors is reflected in the positive premium on Coinbase.
๐ ๐๐น๐๐ฐ๐ผ๐ถ๐ป๐ ๐๐ฒ๐บ๐ผ๐ป๐๐๐ฟ๐ฎ๐๐ฒ ๐ ๐๐๐ฒ๐ฑ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ:
โข ๐บ๐ผ๐ฐ: Increased by 26% this week, beating many peers.
โข ๐ฉ๐บ๐ฝ & ๐พ๐ฐ๐ญ: Both of which have experienced more than a 20% gain.
โข ๐ฟ๐น๐ท: Traded at $2.19, with a marginal loss of 0.45%.
โข ๐จ๐ซ๐จ: Traded at $0.717, down 0.28%.
A report by Swan Bitcoin states that the majority of the altcoins are lagging behind Bitcoin, establishing BTC's stronghold in the market.
๐๏ธ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐๐:
โข The U.S. Securities and Exchange Commission (SEC) is hosting its third Crypto Roundtable, with the theme of regulatory clarity and investor protection.
Meanwhile, CME Group will list cash-settled XRP futures on May 19, 2025, subject to regulatory approval. The move will be aimed at responding to increased institutional interest in altcoins.
๐ค ๐๐น ๐จ๐ฝ๐ด๐ฟ๐ฎ๐ฑ๐ฒ๐ ๐๐ป๐ณ๐น๐๐ฒ๐ป๐ฐ๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด:
โข OpenAl's latest GPT-40 upgrade boosts its intelligence and personality, which could add value to Al-based crypto trading strategies.
โข Analyst Miles Deutscher highlights the need to master Al prompt engineering as a key to gaining a competitive advantage in crypto trading.
๐ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ข๐๐๐น๐ผ๐ผ๐ธ:
โข Bitcoin supporters are calling on the Swiss National Bank to diversify its reserves by adding Bitcoin, particularly against the backdrop of global economic instability.
โข ARK Invest estimates that Bitcoin may hit $2.4 million in 2030 on the back of growing institutional investment and takeup in developing economies.
#TariffPause #BinanceHODLerSIGN #CryptoMarketCapBackTo$3T #altcoins #MarketUpdate
