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Crypto Sanjit
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$BTC Bitcoin's current price is around $105,878.79, with a 0.32% increase. Here's a breakdown of the latest updates¹: - *Current Price*: $105,878.79 - *Market Cap*: $2.09 trillion - *24-Hour High*: $106,128.57 - *24-Hour Low*: $104,494.53 - *Percent Change*: 0.32% Some analysts predict Bitcoin could surge to $140,000 or even $229,000, citing potential market trends and technical indicators like the Golden Cross. Others warn of possible price crashes toward $85,000 or $100,000 due to geopolitical tensions and market volatility.² ³ Recent news includes⁴: - *Bitcoin DeFi Integrations*: Integration with the Sui Network could expand BTC utility beyond holding. - *Institutional Interest*: Invesco and Galaxy Digital registered a Solana ETF trust, potentially increasing institutional interest. - *Market Sentiment*: Bitcoin investors are advised to "hold 100%" of their portfolio, with potential for new all-time highs. - *Regulatory Updates*: Countries like Vietnam and Brazil are implementing new regulations and tax policies for cryptocurrencies.
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#TrumpBTCTreasury Trump's Bitcoin Treasury initiative has been making waves in the financial world. Here's what's been happening¹ ²: - *Executive Order*: On March 6, 2025, President Trump signed an executive order to establish a Strategic Bitcoin Reserve, utilizing BTC forfeited to the US government. The reserve aims to hold approximately 200,000 BTC, valued at around $20 billion. - *Trump Media & Technology Group (TMTG)*: TMTG, partially owned by Trump, raised $2.5 billion to build a Bitcoin treasury. The company plans to allocate these funds to purchase BTC, joining the ranks of MicroStrategy in building a Bitcoin-centric treasury strategy. - *SEC Approval*: The SEC declared TMTG's S-3 registration effective on June 13, allowing the company to raise funds and buy BTC. This move signals growing institutional acceptance of BTC as a strategic reserve asset. - *Bitcoin Treasury Plan*: TMTG's plan reflects a broader trend of companies investing in Bitcoin as a hedge against inflation and fiat currency volatility. Trump's initiative has sparked debate, with proponents viewing it as a step toward financial innovation and critics warning of volatility and geopolitical risks. - *Potential Impact*: If successful, Trump's Bitcoin Treasury could set a precedent for other nations and corporations to follow suit, potentially driving mainstream adoption and increasing Bitcoin's legitimacy. Some key players and their moves include³ ⁴: - *Strategy*: This company has amassed over $60 billion in BTC using a mix of debt and equity raises, providing a model for Trump's initiative. - *GameStop*: The company announced a $1.75 billion convertible notes offering, signaling a deepening commitment to its Bitcoin-centric treasury strategy. - *Cardano's Cardinal Protocol*: This new protocol aims to bring Bitcoin into decentralized finance (DeFi) through a trustless, cross-chain solution.
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