$BTC As of 06 May 2025 btc is trading at $95K and up 0.40% | RulerJ on Binance Square

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$BTC 
As of 06 May 2025 btc is trading at $95K and up 0.40% in the past 24 hours
Satoshi Nakamoto
Individuals with massive Bitcoin holdings are known as “Bitcoin whales.” Satoshi Nakamoto, the chosen pseudonym of Bitcoin's creator, is believed to be the biggest whale, holding an estimated 1.09 million coins.17 Mar 2025
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#MemeAct WASHINGTON (TNND) — Sen. Chris Murphy, D-Conn., on Tuesday announced he had introduced the “Modern Emoluments and Malfeasance Enforcement Act,” or “MEME Act,” targeting federal officials who release meme coins. Meme coins are a form of cryptocurrency with ironic or humorous appeal due to a connection to internet memes. President Donald Trump launched his own meme coin shortly before Inauguration Day and is now offering holders of the coin the chance to meet him at a Washington D.C. Gala. $Trump

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#BitcoinPrediction Bitcoin (BTC) could reach between $500,000 and $1 million in the current market cycle, according to Binance founder Changpeng Zhao, or CZ, who shared his outlook during a recent interview that touched on both the state of crypto and his own role in the industry.With Bitcoin ETFs approved in the U.S. and more involvement from sovereign wealth funds and traditional finance, he thinks the market is in a strong position to expand further. Zhao did not give a timeline but said the infrastructure and momentum are in place for a solid price move. The conversation also covered the general direction of the crypto space. While meme coins have captured much of the attention, CZ noted that nearly all will likely fail. $BTC

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$BTC Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed. Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon. The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm. #BTC/USDT

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#USHouseMarketStructureDraft Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. But while bills for both stablecoin regulations and market structure legislation were expected within his administration’s first 100 days, little concrete progress has been made by lawmakers in advancing a comprehensive domestic policy framework — particularly as it relates to crypto markets. And if the news Tuesday (May 6) coming out of the joint hearing entitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” held by the House Financial Services (HFS) Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence & House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, is any indication, it may take at least another 100 days for emotions on both sides of the aisle to cool. $TRUMP

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#FOMCMeeting The FOMC meeting on May 6-7, 2025, wrapped up with the Federal Reserve deciding to keep interest rates unchanged at 4.25%-4.5%, which was pretty much what everyone expected. Chair Jerome Powell sounded a cautious note, pointing to the uncertainty surrounding Trump's tariffs and stubborn inflation. Markets are now betting on no rate cuts until June, with Powell's press conference hinting at patience given the strong employment numbers and cooling inflation. Investors are on high alert for any hints about future policy, especially with the potential impact of tariffs looming large. Gold and crypto markets are still pretty jumpy, while S&P futures took a slight dip. The Fed's next meeting on June 17-18 might bring some clarity on rate cuts. For now, it's a wait-and-see game. $TRUMP

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