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๐บ๐ธ SEC CHAIR PAUL ATKINS SAYS BITCOIN AND CRYPTO "REGULATION BY ENFORCEMENT" IS OVER IN NEW CONGRESS SPEECH ๐ฅ
HE SAYS US MUST LEAD AND COMPETE.
#BTC
#Bitcoin
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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๐ Michael Saylor releases video explaining why Bitcoin is the best asset you can own. "If you're going to outperform, you're gonna need Bitcoin." #BTC #Bitcoin $BTC
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๐ต 2,000,000 $LINK in Minutes: What's Going On? In a recent move that has caught the attention of the crypto community, 2,000,000 Chainlink (LINK) worth approximately $31.2 million were transferred in minutes from Robinhood to an unknown wallet. The large transaction, flagged by on-chain trackers, occurred in a single transaction. Blockchain data tracker Whale Alert reported, "2,000,000 LINK worth $31,244,919 transferred from Robinhood to unknown wallet." ๐จ 2,000,000 #LINK (31,244,919 USD) transferred from #Robinhood to unknown wallet โ Whale Alert (@whale_alert) May 20, 2025 Although the exact reason for the move remains unknown, such transfers might have various implications. Withdrawals from exchanges imply buying, while deposits might reveal an intent to sell. That said, the move might reveal that of whale accumulation or a large holder moving assets to cold storage. The move might be that fund's reshuffling. ๐ธ #Chainlink updates Chainlink recently announced that the CCIP v1.6 upgrade is now live on the mainnet. This release includes support for non-EVM blockchains, beginning with the Solana mainnet. This release also includes architectural improvements that reduce execution costs for users and increase the speed with which additional EVM and non-EVM chains may be merged with CCIP, resulting in secure, cost-effective scalability to hundreds more blockchains. CCIP v1.6 lets token producers such as Solv, Backed Finance, Shiba Inu and others integrate their current CCIP-powered tokens into the Solana ecosystem by leveraging the Cross-Chain Token (CCT) standard. In addition to supporting Solana, the v1.6 upgrade allows CCIP to rapidly expand its chain coverage in response to rising demand for safe cross-chain interoperability. CCIP currently supports over 57 blockchains on the mainnet and has integrated 26 networks this year.
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๐ท Options Whales Switched to Bull Mode: Expecting a Record in Ethereum ($ETH ) by This Date! Ethereum (ETH), which has been upsetting its investors with its weak performance against Bitcoin (BTC) for a long time, has experienced a big rise in recent weeks. While ETH's rise increased bullish expectations, option investors also switched to bull mode. Option traders have turned to a bullish call spread strategy and expect Ethereum to reach $6,000 by the end of the year. According to Deribit data, institutional investors are aiming to make maximum profits if Ethereum reaches $6,000 by the end of the year by buying $3,500 call options and selling $6,000 call options. Both options expire on December 26. Investors using this strategy will make maximum profits if Ethereum surpasses $6000 by the end of the year. Crypto derivatives analyst Greg Magadini said that Ethereum still has room to rise, adding that ETHโs upside potential remains. Believing that ETH is currently undervalued compared to other risk assets that are on the rise, Magadini stated that Ethereum has still not reached its cycle peak. ๐ฌ โEthereum has not yet reached its peak and this is not the time to predict its peak.ETH is likely to experience a major recovery,The launch of a spot ETF with staking would be a significant catalyst for the rally.โ #ETH #Ethereum
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๐ Unknown Whale Liquidates Billions of Shiba Inu ($SHIB ) on exchange Over 10.76 billion Shiba Inu (SHIB) tokens, collectively worth about $153,337, made their way to exchange earlier today courtesy of a large and mostly inactive wallet. Though the address has seen limited movement over the past year, it carried out this transfer in two parts: one major involving 10.768 billion SHIB and one smaller follow-up involving 15 million SHIB. ๐ธ In both cases, the tokens were directed to the same ByBit deposit address. Taking a look at the wallet's history, this is the first major SHIB transaction in nearly a year. The last one occurred when 1.6 billion SHIB were sent to KuCoin. Shortly before that, it received substantial SHIB inflows from Binance hot wallets, including transactions of 12 billion, 178 million and 198 million SHIB. ๐ธ But since then, activity on the address has been quiet โ until today. Around the time of the transfer, the price of the meme coin was trading at around $0.00001419, having cooled off recently after reaching local highs. Based on the current chart, SHIB is sitting above its 50-day moving average, with the price consolidating just below the resistance level of $0.000017. Given this context, timing of the whaleโs move suggests either taking advantage of past gains or preparing to exit a long-held position. There is not much in the wallet anymore; with a total value of just over $213, its balance now includes small amounts of ETH, BNB and a few smaller tokens. Therefore, the SHIB transfer was likely a complete exit rather than a rebalancing. #SHIB #shibainu
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๐ Spot Bitcoin ETF Statistics. Thanks to SoSoValue statistics , it is possible to understand the general sentiment of institutional investors based on the dynamics of capital inflows and outflows into spot Bitcoin ETFs. Statistics for the last 15 trading sessions: ๐ผ Capital inflow: 12 trading sessions worth $3.65 billion. ๐ฝ Capital outflow: 3 trading sessions totaling $238.01 million. #ETF #BTC #Bitcoin
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