#CryptoNews #MerlinTradingCompetition #GENIUSAct

📢 Fresh crypto news for May 21, 2025

• Bitcoin surpassed $106,000 — a new historic high is on the horizon

• GENIUS Act passed in the US Senate — a new stage of regulation is coming

• Ethereum: whales are transferring tens of millions, targets — $6000

• Coinbase suffered from a cyber attack — losses up to $400 million

📈 Cryptocurrency market: growth continues

• The total market capitalization of cryptocurrencies rose by 1.2% over the last 24 hours and amounts to $3.46 trillion.

• The price of Bitcoin exceeded $106,000, approaching its historic maximum. Analysts expect that BTC may set a new record soon.

🐋 Activity of large investors

• Unusual activity was recorded on Coinbase: one of the large investors transferred Ethereum worth $35 million, and the total transaction volume for the day amounted to $2.02 billion.

• Large traders placed bets of more than $7 million on Ethereum rising to $6000, indicating high expectations for this cryptocurrency.

⸻

⚠️ Security and risks

• Coinbase reported a cyber attack, as a result of which data from some clients was compromised. Losses may amount to up to $400 million.