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History has proven that May is always a strong price increase period for $ETH
$ETH sent it 2.888$ in May - June 2025
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$BTC As of May 4, 2025, Bitcoin (BTC) is trading around \$95,966 after recently surging past \$97,000, its highest in over two months, fueled by bullish sentiment from institutional moves like Morgan Stanley’s potential entry into spot crypto trading and MicroStrategy’s renewed investment push. Analysts remain optimistic, with Standard Chartered projecting BTC to hit \$120,000 in Q2 and Galaxy Research forecasting a rise to \$185,000 by year-end, supported by expanding spot Bitcoin ETFs. Adding to the momentum, President Trump signed an executive order in March 2025 to establish a U.S. Strategic Bitcoin Reserve, signaling growing governmental interest in Bitcoin’s strategic role in the global economy.
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#AppleCryptoUpdate Apple has recently updated its App Store policies concerning cryptocurrency and non-fungible tokens (NFTs). The new guidelines permit apps to use in-app purchases for services related to NFTs, such as minting, listing, and transferring, provided that these services comply with regional licensing requirements. However, apps are prohibited from using cryptocurrencies or crypto wallets to unlock content or functionality within the app. Additionally, Apple has removed several offshore cryptocurrency exchange apps, including Binance, Kucoin, and OKX, from its App Store in India following a directive from the Ministry of Electronics and Information Technology (MeitY). These exchanges were found to be operating without compliance with India's anti-money laundering laws. Despite the removal from Apple's App Store, these apps remain accessible on Google's Play Store, and their websites continue to operate nationwide. (mint, Inc42 Media, The Times of India, BeInCrypto)
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$BTC (Bitcoin) continues to dominate the digital asset landscape as both a store of value and a hedge against inflation, drawing increasing interest from institutional investors and retail users alike. With its capped supply of 21 million coins and decentralized network secured by proof-of-work mining, Bitcoin is often referred to as "digital gold." Recent regulatory developments, such as the introduction of Digital Asset Bills in various countries, could shape its future trajectory by adding clearer legal frameworks for holding, trading, and taxing Bitcoin, potentially boosting mainstream adoption while also increasing scrutiny and compliance requirements.
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#DigitalAssetBill The #DigitalAssetBill represents a significant step toward regulating the rapidly evolving digital asset space, aiming to establish legal clarity, consumer protection, and a framework for responsible innovation in blockchain technologies, cryptocurrencies, and tokenized assets.
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$USDC USD Coin (USDC), the second-largest stablecoin by market capitalization, continues to make significant strides in the cryptocurrency and fintech sectors. Recently, Circle, the issuer of USDC, launched USDC 2.0, introducing "gasless sends" to Ethereum wallets, thereby eliminating the need for users to hold Ether for transaction fees. This enhancement aims to streamline user experience and facilitate broader adoption. Additionally, Circle has filed for an Initial Public Offering (IPO) on the New York Stock Exchange under the ticker symbol "CRCL," reporting $1.68 billion in revenue for the previous year. The company also announced plans to relocate its global headquarters to One World Trade Center in New York City, signaling its commitment to expanding its presence in the financial hub. In terms of network expansion, USDC has been integrated into various blockchain ecosystems, including Binance's Base and Polkadot networks, enhancing its accessibility and utility across different platforms. These developments underscore USDC's growing influence in the digital currency landscape, positioning it as a key player in the evolution of global financial systems.
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Latest News
U.S. Treasury Secretary Highlights Digital Assets' Impact on Treasury Demand
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Arizona Senate Approves Bitcoin Reserve Bill Awaiting Governor's Decision
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Bitcoin's April Performance Shows Resilience Amid Economic Uncertainty
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