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$BTC Bitcoin's current price is around $105,023.99, with a market capitalization of approximately $2.09 trillion. Here's a brief overview ¹ ²: - *Current Price*: $105,023.99 or $105,576.95 (depending on the source) - *Market Capitalization*: $2.09 trillion - *24-hour Trading Volume*: $35.12 billion or $15.5 billion (depending on the source) - *Circulating Supply*: 19.88 million BTC - *Max Supply*: 21 million BTC - *All-time High*: $111,891.30 (reached on May 22, 2025) Some key statistics and trends include ² ³: - *Price Change*: 0% or 0.4% increase in the last 24 hours (depending on the source) - *Dominance*: 66.16% or 66.17% market dominance - *Recent Price Range*: $104,300 - $106,128.57 or $104,412 - $106,032 (depending on the source) You can find more information on Bitcoin's price history, market trends, and analysis on platforms like CoinGecko, CoinDesk, or Finnhub ¹ ² ³.
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#TrumpBTCTreasury Trump Media and Technology Group Corp, the parent company of Truth Social, has received approval from the US Securities and Exchange Commission (SEC) for its $2.3 billion Bitcoin treasury deal. Here's what's happening ¹ ² ³: - *Deal Details*: The company raised $2.3 billion from 50 institutional investors through debt and equity agreements, which will be used to create one of the largest Bitcoin treasuries among public companies. - *Purpose*: CEO Devin Nunes stated that Bitcoin is seen as an "apex instrument of financial freedom" and will be a crucial part of the company's assets, helping to defend against financial institution harassment and create synergies for subscription payments and other transactions. - *Expansion Plans*: Trump Media aims to expand its offerings and capabilities, transforming into an indispensable company for the "Patriot Economy". The company has also filed for approval to launch a Bitcoin exchange-traded fund (ETF). - *Stock Performance*: Despite the regulatory win, Trump Media's shares dipped 2.06% on the day of the announcement, closing at $19.52. - *Custody*: (link unavailable) and Anchorage Digital will provide custody services for the Bitcoin treasury. This move is seen as a strategic step in Trump Media's plans to grow its media, fintech, and Bitcoin holdings, potentially setting a precedent for other companies to adopt Bitcoin treasuries ⁴.
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#CardanoDebate The Cardano debate centers around a proposal by Charles Hoskinson to convert 140 million ADA from the treasury into USDM, a fiat-backed stablecoin, to boost Cardano's DeFi liquidity. This move aims to bridge the liquidity gap in Cardano's DeFi ecosystem and generate non-inflationary income for the treasury. *Key Points:* - *Proposal Details*: The plan involves converting $100 million worth of ADA into USDM to improve stablecoin liquidity, potentially attracting institutional capital and boosting DeFi growth. - *Community Concerns*: Critics warn that announcing a large ADA sale could tank prices, possibly pushing the value down to $0.50 if traders front-run the move. - *Alternative Solutions*: Some community members suggest minting crypto-backed stablecoins like ObyUSD to preserve market stability, rather than converting ADA to USDM. - *Market Impact*: ADA's price dropped 6% amid the debate, with some attributing the decline to macro market weakness and others to the proposal itself. *Arguments For and Against the Proposal:* - *Proponents*: Believe the move will strategically push DeFi growth, create long-term revenue, and address Cardano's stablecoin shortage. - *Critics*: Argue that the plan could trigger heavy sell pressure, exacerbating ADA's recent price decline ¹ ².
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$ADA Cardano (ADA) is currently trading at $0.64, with a 1.4% increase in the last 24 hours. Here's a brief overview ¹: - *Current Price*: $0.64 - *Market Capitalization*: $24.63 billion - *Open Price*: $0.63 - *High Price*: $0.65 - *Low Price*: $0.62 - *Percent Change*: 1.4% However, another source indicates the price of ADA might be around $0.6387, with a 1.3% increase in the last 24 hours. The price has fluctuated between $0.6267 and $0.6427 in the last 24 hours ². Some key statistics and trends include: - *Market Rank*: #11 - *24-hour Trading Volume*: $662,599,283 - *Circulating Supply*: 36,102,798,528 ADA - *Max Supply*: 45,000,000,000 ADA - *All-time High*: $3.09 You can find more information on Cardano's price history, market trends, and analysis on platforms like CoinGecko or CoinDesk ² ³.
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