Here’s the latest on the crypto world:
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📉 Market Snapshot
Overall Market Cap: Crypto market cap dropped ~4.1% to about $3.33 trillion today amid profit-taking and volatility .
Bitcoin (BTC): After peaking near $112K, BTC pulled back and now trades just above $105K, with $100K seen as a key support level .
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🔍 Price Predictions & Trends
Analysts think BTC could retest $125K in June and climb to $150–200K by year-end .
Institutional flows, rising ETF interest, and U.S. job data are expected to fuel the next wave .
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⚖️ Regulation & Products
UK’s FCA is preparing to lift its ban on crypto ETNs for retail investors, aiming to boost crypto access while maintaining high-risk warnings .
In Singapore, MAS is restricting crypto platforms serving only foreign clients, requiring licenses and curbing off-shore-only services .
U.S. SEC plans to introduce new guidelines defining which crypto tokens are securities .
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🚀 New Tokens & Projects
Lagrange Protocol (LA), a new AI-themed token, raised $17 million in a presale and is now live on exchanges with growing demand .
XRP analysts forecast a massive run, with 2,000 tokens potentially worth up to $30 by the end of 2025 – a bullish case to watch .
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🇵🇰 Pakistan in Crypto
Pakistan launched the Pakistan Crypto Council this spring to regulate and promote digital assets, with Binance’s CZ acting as an adviser .
The government also announced a strategic Bitcoin reserve, and allocated 2,000 MW of electricity to support Bitcoin mining and AI infrastructure .
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🔎 Summary
Market Overview: Slight pullback after recent highs, but long-term bullish projections remain strong.
Regulatory Landscape: More retail-focused financial products are being approved, while policymaker scrutiny intensifies.
Emerging Coins: New tokens and catapulting price targets hint at speculative opportunities.
