BREAKING: 🇺🇸#US SECRETARY OF TREASURY #SCOTT BESSENT SA | Linn Stove mOdt on Binance Square

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BREAKING:
🇺🇸#US  SECRETARY OF TREASURY #SCOTT  BESSENT SAID TRADE DEALS COULD BE FINALIZED AS SOON AS THIS WEEK.
BULLISH 🚀

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$BTC Core Sparks Controversy with Plan to Remove #OP_RETURN Limit A new change proposed by Bitcoin Core developers is stirring fierce debate across the Bitcoin ecosystem. The team behind the most widely used Bitcoin node software has announced that the 80-byte limit on the OP_RETURN field will be removed in the next software release—a move that has reignited longstanding tensions between developers and node operators over Bitcoin's intended use and direction. What Is OP_RETURN? The OP_RETURN field allows users to embed arbitrary data into the Bitcoin blockchain. Traditionally, this field has been limited to 80 bytes to prevent excessive data storage on the network, preserving Bitcoin’s financial focus and minimizing spam. However, the cap has long been a source of contention, with some developers arguing it creates undesirable incentives for embedding data elsewhere in transactions—such as fake public keys or spendable outputs. Why Remove the Limit? Core contributor Greg Sanders, one of the proposal’s champions, contends that lifting the cap will lead to a cleaner unspent transaction output ) set and a more consistent behavior across the network. He argues that enforcing the 80-byte limit no longer serves its purpose and removing it lets the fee market naturally regulate how much data is stored. “By retiring a deterrent that no longer deters,” Sanders wrote on GitHub, “Bitcoin Core lets the fee market arbitrate competing demands.” Not Everyone Is On Board However, the move is not without controversy. Critics, including well-known developer Luke Dashjr, have pushed back sharply. Dashjr, a staunch opponent of non-financial blockchain use such as inscriptions, labeled the change “utter insanity” and warned it could lead to an influx of spam and data bloat. Dashjr’s own fork of Bitcoin Core, Bitcoin Knots, which allows node operators to filter out non-payment transactions, has gained momentum in recent months—now accounting for around 5% of all nodes, according to data from bitcoin.clarkmoody.com.

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#FOMCMeeting FOMC Day Alert: How to Survive (and Profit) from Today’s Fed Decision Today is #FOMC Day—Brace for Impact! The U.S. Federal Reserve’s latest interest rate decision drops May 7 at 11:30 PM UTC, and the crypto markets are on high alert. Bitcoin, Ethereum, and the broader altcoin landscape are poised for major volatility. Whether you're a long-term holder or an active trader, this is not a day to sit idle. --- Why This #FOMCMeeting Matters The Federal Open Market Committee (FOMC) decisions are always market-moving events—but this one carries extra weight due to ongoing inflation concerns and mixed economic signals. Here’s what to watch for: Interest Rate Direction: Will the Fed maintain current rates, hint at future cuts, or adopt a more hawkish tone? Volatility Expectations: Previous #fomc announcements have caused 5%+ swings in Bitcoin—extreme moves are likely again. Hidden Signals: The unscripted Q&A session with Fed Chair Jerome Powell often reveals the real stance—watch for unexpected comments. --- 3 Scenarios: What Could Happen? 1. Bullish Scenario (Dovish Fed) If the Fed signals that rate cuts are likely in upcoming months: Market sentiment turns bullish Bitcoin could break above $100,000 Ethereum and altcoins could follow with double-digit gains 2. Bearish Scenario (Hawkish Fed) If the Fed delays cuts or hints at further tightening: Risk assets sell off Bitcoin may test $90,000 support Altcoins could bleed harder than $BTC 3. Neutral Scenario (No Surprises) If the Fed sticks to the script with no surprises: Choppy price action expected Best to wait for clearer direction before jumping in Trading Warning: Don’t Go in Blind This is not the day for risky bets or emotional trades. Expect liquidation cascades on both long and short positions Whales will manipulate price near the news drop Use tight stop-losses, reduce leverage, or consider sitting out

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#VIRTUAL Surges 207% as Smart Money Bets Big on Virtuals Protocol #VIRTUAL , the native token of the Virtuals Protocol on Base, has surged over 207% in the past 30 days, outperforming major cryptocurrencies like $BTC and Ethereum. The rally appears fueled by growing institutional interest and a surge in demand following the launch of the protocol’s Genesis launchpad. According to blockchain analytics firm Nansen, smart money wallets—addresses linked to institutional investors, funds, and prominent crypto whales—have poured $14.2 million into VIRTUAL over the past month, with $8.56 million of that coming in just the last week. This influx makes VIRTUAL the most traded token among these wallets, surpassing popular assets like #EBTC , LINK, and #PEPE. The driving force behind this enthusiasm is likely the Genesis launchpad, a new initiative designed to support the launch of AI-driven crypto projects through a "proof of contribution" mechanism. Unlike traditional token launches often influenced by insider access or manipulation, Genesis rewards genuine engagement. Participants earn Virgen Points by contributing to the ecosystem—such as by staking#VIRTUAL or supporting AI projects—and these points influence allocation in token launches. Since its debut two weeks ago, Genesis has already launched several tokens that have doubled or more in value, reinforcing its credibility and attracting attention from serious investors. Features such as contribution-based allocations, automatic refunds for unmet goals, and transparent vesting schedules are being praised for injecting fairness and innovation into token distribution models. "Genesis breathes fresh life into Virtuals while also showcasing a novel mechanism for designing token launches," commented Bankless on X. “While the contribution-based system isn’t perfect, it certainly rivals legacy methods prone to manipulation.” $BTC

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#bitcoin Bulls Eye $100K, But Resistance at $99.9K Looms Large On-chain data suggests a significant challenge awaits Bitcoin bulls just shy of the $100,000 mark, with key profit-taking levels aligning at $99.9K. As Bitcoin ($BTC ) surges past the $90,000 mark in its latest rally, investor optimism is high for a fresh all-time high, potentially breaking past January's $109,000 peak. However, new data from blockchain analytics firm Glassnode signals that the path forward may not be smooth, with formidable resistance expected at $99,900. According to Glassnode, long-term holders (LTHs) — investors who typically accumulate BTC and hold through volatility — tend to start distributing their assets more aggressively when they reach about a 350% unrealized profit margin. This historical trend aligns with a BTC price of approximately $99.9K. "Historically, LTHs begin distributing more aggressively around a 350% unrealized profit margin, which aligns with a BTC price of ~$99.9K," Glassnode stated in a recent post on X. "As the market nears this level, increased sell-side pressure is likely, requiring strong demand to absorb it." Adding to the selling pressure, there is a notable cluster of wallets that acquired $BTC between $95,000 and $98,000 earlier this year. These investors endured the drop to $75,000 in April and may now look to exit at breakeven or a modest profit. "A large cluster of coins was acquired between $95K–$98K, meaning some $BTC holders may exit at breakeven. This, combined with rising LTH profits, creates a key resistance zone," Glassnode added. This convergence of psychological and technical factors creates a critical juncture for BTC. If bulls can muster enough momentum to break cleanly through the $99.9K level, it may open the door to uncharted territory and further price discovery above $100,000. #bitcoin

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