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🗞 Catch up on the news over the last 24 hours! 🇺🇸 TRUMP: "We're leading China in crypto." 🇺🇸 TRUMP: "I'm a big crypto fan." 🔥Ethereum Foundation launches “Trillion Dollar Security” to make wallets, smart contracts & UX safer, paving the way for trillions in onchain assets. 🚨 JPMorgan settles its first transaction on a public blockchain using Chainlink and Ondo to move tokenized treasuries beyond its private network. 🔥 $1T UBS Asia client funds are shifting from USD to gold, Bitcoin and crypto amid US-China tensions. 🇺🇸 CFTC’s Summer Mersinger resigns to lead crypto lobbying group Blockchain Association as CEO starting June 2. 🇺🇸 Speaker Mike Johnson supports a ban on Congress members trading stocks. 🔥 Coinbase CEO declares that “crypto is here to stay, it’s going to be a part of everybody’s 401k.” 🔥 100,000 $BTC has been moved off exchanges in the past 3 weeks. 🇺🇸 DOJ indicts Sinaloa cartel leaders as blockchain firms trace millions in crypto tied to global fentanyl trafficking and laundering. 🔥 Bitwise CIO says Bitcoin is king, but history shows crypto diversification can outperform. 🇦🇪 Ripple held talks with UAE officials to explore digital payment infrastructure and boost financial innovation. 🇺🇸 A Trump memecoin trader says he and four friends secured dinner with President Trump for around $1,200 each after using a custom script to track the leaderboard of top holders. ⚡️Twitter co-founder and Block CEO Jack Dorsey says, “small businesses can be their own bank” with #Bitcoin.
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🗞 Catch up on the news over the last 24 hours! 🚨 The SEC delays the decision to allow in-kind redemptions for BlackRock's #Bitcoin ETF, seeking public feedback on the proposal. 🔥Tether bought 4,812 #Bitcoin worth $459M for Twenty One Capital. 🇨🇦 Coinbase invests in Canadian stablecoin issuer Stablecorp to expand access to tokenized Canadian dollars. ⚡️ SAYLOR: “It’s time to end the war on crypto.” 🚨 eToro prices its Nasdaq IPO debut at $52 per share to raise $620M. 🇫🇷 French crypto exchange CEO’s daughter fights off brazen kidnappers in Paris. 🇰🇷 All major South Korean presidential candidates back spot Bitcoin ETFs & institutional crypto investment, says Ki Young Ju. 🇬🇧 London Stock Exchange-listed Vinanz secures $2M from global investor to expand Bitcoin assets, with plans for future dual listing on Nasdaq.
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BITCOIN prediction ✅ In the short term (May 2025), analysts anticipate Bitcoin could reach $108,000-$110,000, assuming it stays above the $100,000 support level. A potential pullback to $95,000-$97,000 is possible if this support fails. Long-term, some forecasts predict Bitcoin could reach $120,000 in Q2 2025, with more optimistic projections suggesting $125,000-$150,000, driven by institutional investment and favorable macroeconomic conditions. Short-Term Outlook (May 2025): Price Targets: Analysts predict Bitcoin could reach $108,000-$110,000 by the end of May, provided it maintains its position above the $100,000 support level. Pullback Risk: If the $100,000 support fails, a potential pullback to the $95,000-$97,000 range may occur. Technical Indicators: Technical indicators like the 50-day and 200-day moving averages suggest a bullish trend, but the Relative Strength Index (RSI) above 70 indicates potential overbought conditions in the short term. Mid-Term Projections (Q2 2025): $120,000 Target: Some forecasts predict Bitcoin could reach $120,000 in the second quarter of 2025, driven by institutional investment and favorable macroeconomic conditions. Optimistic Projections: More optimistic projections suggest a potential rise to $125,000 or even $150,000, assuming continued positive momentum and geopolitical stability. Key Factors to Monitor: U.S. Inflation Data: Upcoming Consumer Price Index (CPI) reports could influence Bitcoin's price, as higher inflation may drive investors toward alternative assets. Geopolitical Developments: Progress in U.S.-China trade negotiations and de-escalation in global conflicts could bolster market confidence and support Bitcoin's upward trajectory. Institutional Investment: Inflows from institutional investors are crucial for Bitcoin's growth.
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🔥 LATEST: Tether bought 4,812 #Bitcoin worth $459M for Twenty One Capital. Tether has made a significant move in the cryptocurrency market by purchasing 4,812.2 Bitcoin (BTC) for approximately $458.7 million on behalf of Twenty One Capital, a Bitcoin investment firm it supports. This acquisition, executed at an average price of $95,319 per BTC, was disclosed in a May 13 filing with the U.S. Securities and Exchange Commission. Twenty One Capital is a collaborative venture involving Tether, Bitfinex, SoftBank, and Cantor Fitzgerald. The firm is currently undergoing a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners, after which it plans to trade on the Nasdaq under the ticker symbol "XXI". With this recent purchase, Twenty One Capital's total Bitcoin holdings have reached 36,312 BTC, positioning it as the third-largest corporate Bitcoin holder, following MicroStrategy and Marathon Digital Holding. The firm aims to launch with a substantial treasury of over 42,000 BTC, valued at approximately $4.4 billion. This includes contributions of 23,950 BTC from Tether, 10,500 BTC from SoftBank, and about 7,000 BTC from Bitfinex. Under the leadership of CEO Jack Mallers, who also heads the Bitcoin payments firm Strike, Twenty One Capital intends to offer Bitcoin lending services and other financial products. This strategic move by Tether and its partners underscores the growing trend of institutional investment in Bitcoin, reflecting a broader shift towards cryptocurrency adoption in the financial sector.
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⚡️ SAYLOR: “It’s time to end the war on crypto.” Michael Saylor, executive chairman of MicroStrategy and a prominent Bitcoin advocate, often speaks out in defense of cryptocurrency, particularly Bitcoin. If he said, "It's time to end the war on crypto," he's likely addressing ongoing regulatory pressures or hostility from governments or financial institutions, especially in the U.S. This statement underscores a common sentiment in the crypto community: that innovation and economic freedom are being stifled by unclear or overly aggressive regulation. Saylor likely advocates for a regulatory environment that supports innovation while protecting investors, rather than one that seeks to suppress or criminalize the industry.
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