š„BREAKING NEWS š„
Crypto markets are buzzing with action:
1. New Hampshire Makes History:
The U.S. state just approved holding up to 5% of public funds in Bitcoin or top digital assetsāmaking it the first state to officially adopt a crypto reserve. The move could spark a new wave of institutional adoption. Bitcoin responded by holding steady above $94,800.
2. U.S. Crypto Law in Crisis:
The much-hyped GENIUS Act (a stablecoin regulation bill) is falling apart. Key Democrats are pulling out, accusing the bill of favoring Trump-linked crypto interests. Meanwhile, a rival 212-page bill has been introduced to crack down on crypto corruption and regulate SEC vs. CFTC powers.
3. BTC Price Action & Signals:
Bitcoin is trading around $96,919, with strong bullish signs. On-chain analysts are eyeing $99,900 as the next key level before potential breakout to $109K, based on chart patterns and whale accumulation.
4. Strikeās Bold Move:
The payments app Strike just announced Bitcoin-backed loans, letting users borrow without selling their BTC. CEO Jack Mallers says it's time people stop liquidating the "best-performing asset in human history."
5. Coinbase vs SEC Drama Continues:
Leaked filings show the SEC pushed to classify Ethereum as a security, triggering backlash from Coinbase. The debate on ETHās legal status is heating up again.
