Mexican billionaire Ricardo Salinas said that the Bitcoin could surpass gold's market value of $16 trillion. ☺️
He believes that Bitcoin has the potential to grow at least 8 times from its current level, indicating a significant increase in its market capitalization.
Currently stablecoins on the Cardano blockchain account for only about 10% of the total value locked (TVL), which is significantly lower compared to Solana's stablecoin ecosystem.
US President Donald Trump said that he does not intend to fire Federal Reserve Chairman Jerome Powell.
But continues to afirm the need for the Federal Reserve to reduce interest rates.
Trump expressed his preference for long term, low interest debt, noting that a 1% reduction in interest rates would result in a corresponding decrease in payments.
Long term Bitcoin holders are realizing profits while their overall supply share increases and BTC volatility drops to its 10th % lowest in over a decade.
Bitcoin’s market is entering a rare phase where long term holders are taking profits but total long term holdings are still rising.
Combined with historically low volatility, this trend could position BTC for a fresh round of price discovery.
The social media account of Paraguay's president was compromised by hackers. 🧐
The attackers disseminated misleading information, falsely claiming that Bitcoin had been adopted as the country's legal tender. This misinformation led to confusion among journalists.
A Japanese publicly traded company called Remixpoint has announced the acquisition of 44.8 bitcoins, valued at $4.7 million.
This follows a previous decision made by the company's board on May 26 to purchase an additional 1 billion yen worth of bitcoin and so increasing the total investment to 12 billion yen, approximately $83.98 million.
Another stock company is on the rise because of Bitcoin. ☺️
Davis Commodities experienced a significant pre market stock price increase of over 43%, raising its market capitalization to $14.7 million. This surge is potentially influenced by the company's announcement of plans to establish a strategic Bitcoin reserve.
Did you know that someone once bought two pizzas for a jaw dropping price of $1 billion in today’s value? 😯
Bitcoin Pizza Day celebrated every May 22nd, marks the anniversary of the first real world Bitcoin transaction in 2010, when programmer Laszlo Hanyecz famously spent 10,000 BTC nowdays worth billions.
Seems like blockchain transparecy is not enough, the European Union has officially passed a Anti-Money Laundering Regulation and starting in 2027, privacy coins like Monero, Zcash, and Dash will be banned.
Any crypto transaction over €1,000 will require identity verification and new AML authority will monitor major platforms like binance.
Goldman Sachs has predicted that the US Federal Reserve will cut interest rates around july, so until then we might get either a sideways market or a correction.
Yet after US rate cuts we might get a long bullish trend until next year with a possible altseason and new all times highs for Bitcoin and many altcoins. ☺️