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$BTC Bitcoin (BTC) is currently trading around $107,139 on Binance, reflecting a minor 1.8% uptick as the market digests recent developments. According to Binance, BTC has seen a ~2.1% drop in the past 24 hours after failing to break through the $108K resistance, mainly due to the Fed ruling out a June rate cut following a 2.4% CPI print ļæ¼. Technical indicators point to weakening momentum, but analyst Michael van de Poppe suggests a rebound could occur if BTC surpasses $110.5K, with dip-entry zones at $107Kā108K ļæ¼. Macroeconomic factorsālike upcoming PPI data and geopolitical tensionsācould trigger volatility and determine whether BTC holds its $106Kā$107K support or dips toward $100K .
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#VietnamCryptoPolicy Vietnam is set to launch a regulatory framework for digital assets by the end of March 2025, as directed by Prime Minister Phįŗ”m Minh ChĆnh and guided by Binanceās reporting. The Ministry of Finance and State Bank of Vietnam are working to formally recognize cryptocurrencies, introduce a pilot cryptocurrency exchange, and enable a sandbox environment for digital asset issuanceāaimed at protecting investors, fostering transparency, and boosting economic growth ļæ¼. This policy pivot aligns with Vietnamās high crypto adoptionāranking among the global top fiveāand positions the country to capture tax revenue, attract blockchain investment, and support platforms like Binance within a regulated framework .
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#MetaplanetBTCPurchase Metaplanet, a prominent Japanese investment firm, recently accelerated its Bitcoin accumulation, purchasing 1,112āÆBTC (~$117āÆmillion) to bring its total holdings to 10,000āÆBTC, ranking it among the worldās top institutional holders ļæ¼. To fund further BTC purchases, the company issued $210āÆmillion in zero-interest bonds, maturing December 12, 2025, with proceeds earmarked solely for Bitcoin acquisition ļæ¼. This financial strategy underscores growing institutional confidence in Bitcoin as a hedge and diversifier, and its aggressive buying appears to have contributed to a ~2.3% uptick in BTC prices on Binance and other exchanges ļæ¼.
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$BTC Bitcoin (BTC) recently retraced from the $110Kā$111K resistance zone to around $102Kā$106K, pulled down by macroeconomic headwinds like cooling inflation, fading rateācut optimism, and geopolitical tensions boosting safeāhaven assets like gold ļæ¼. Binance highlights a $730āÆmillion+ liquidation cascade ā largely long positions ā fueling the dip ļæ¼. Technical indicators reveal overbought signals (RSI, Bollinger Bands) and support forming near $100Kā$102K, where traders await upcoming U.S. CPI data to determine direction . If support holds and macro pressures ease, BTC could retest $110K; however, a break below $100K might push it toward $95Kā$98K.
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#TrumpBTCTreasury Hereās the latest on #TrumpBTCTreasury according to Binance and the news: Trump Media & Technology Group (TMTG), the company behind Truth Social, recently received SEC approval for a $2.3āÆbillion Bitcoin treasury deal via a FormāÆS-3 registration filed on JuneĀ 6 and declared effective on JuneĀ 13āenabling the sale of ~56āÆmillion shares and 29āÆmillion convertible notes from about 50 investors to fund BTC acquisitions, making it one of the largest public Bitcoin treasuries in the U.S. The company plans to hold Bitcoin alongside its $759āÆmillion cash reserves and has also filed for a Truth Social Bitcoin ETF, signaling a major push into crypto under the Trump administrationās pro-crypto stance ļæ¼ ļæ¼.
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