#BreakoutTradingStrategy Here are some of the latest crypto news updates:
Market Updates
- *Bitcoin Surges*: Bitcoin has reached new highs above $117,000 as investors go risk-on, with some analysts predicting a target of $200,000 driven by ETF and corporate treasury buying.
- *Ethereum Price*: Ethereum is currently testing the $3,000 support level, with concerns about potential corrections.
- *XRP Futures ETF*: XRP futures ETF saw a 5x volume spike as the price surged to a 4-month high.
Regulatory News
- *UK Retail Crypto Ban*: The FCA is considering lifting the ban on retail crypto trading in the UK.
- *US Stablecoin Bill*: The US Senate has passed a stablecoin bill, marking a major victory for the crypto world.
- *Vietnam Crypto Legalization*: Vietnam has legalized crypto under its new digital technology law.
Other News
- *BlackRock's IBIT*: BlackRock's IBIT has become the fastest ETF to cross $80 billion in assets.
- *Coinbase Lawsuit*: Coinbase has sued Oregon officials for secretly changing state crypto policy.
- *Justin Sun's TRUMP Token Bet*: Justin Sun, founder of TRON, has bet $100 million on Trump's crypto ventures ¹ ².