$BTC New Hampshire passed House Bill 302, allowing the state | JITENDRA NAGAR on Binance Square

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$BTC New Hampshire passed House Bill 302, allowing the state to allocate up to 5% of public funds into Bitcoin and other digital assets.
The move makes New Hampshire the first US state to establish a strategic Bitcoin reserve, as announced by Satoshi Action Fund CEO Dennis Porter on May 7.

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A prominent cryptocurrency whale has initiated a $120 million short position on Bitcoin, utilizing 40x leverage. This aggressive move indicates a strong bearish sentiment or an anticipation of near-term price volatility in the Bitcoin market. OBJ Such high-leverage positions can significantly influence market liquidity and may trigger cascading liquidations if the market moves sharply. The whale's strategy underscores the heightened risks and potential rewards inherent in the volatile cryptocurrency landscape. $BTC

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An additional 250 million USDC was minted, indicating a substantial liquidity injection into the crypto market. Such large-scale minting events often precede heightened trading activity and can influence the prices of major cryptocurrencies like Bitcoin and Ethereum. $USDC

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#StripeStablecoinAccounts Stripe’s move to launch stablecoin-funded accounts in over 100 countries is a major leap toward mainstream adoption of digital assets. By enabling USDC and USDB transactions across both crypto and fiat rails, Stripe is bridging the gap between traditional finance and Web3. This is especially impactful for regions with unstable currencies or limited banking access, offering faster, cheaper, and more reliable cross-border payments. Stablecoins are clearly positioning themselves as a new backbone for global commerce. I’d definitely consider using Stripe for stablecoin transfers—its global reach and compliance framework offer a strong alternative to purely crypto-native wallets.

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#BTCBreaks99K Bitcoin's surge past $99,000 marks a historic moment as it edges closer to the symbolic $100K milestone. Market optimism is being fueled by the Fed’s decision to keep interest rates steady, providing a stable monetary backdrop. Adding to the momentum, former President Trump’s hint at a “major trade deal” with a “highly respected country” has stirred bullish sentiment across global markets. Investors are eyeing Bitcoin not only as a hedge but as a central asset in this shifting financial landscape. All eyes are now on whether BTC can sustain this rally and decisively break into six-figure territory.

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#BTCPrediction As of May 2025, Bitcoin is trading around $96,885 and trending upward, nearing the $100K mark. This momentum is driven by rising institutional interest, such as Morgan Stanley's crypto offerings and MicroStrategy's continued investments. Short-term predictions suggest BTC could hit $104K to $167K by August. Long-term forecasts are even more bullish, with experts like Anthony Scaramucci projecting $200K and ARK Invest envisioning up to $1.5M by 2030. Key factors influencing BTC’s path include institutional adoption, regulatory clarity, and macroeconomic trends. Bitcoin’s strong outlook reflects growing mainstream confidence in crypto as a core asset class.

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