🔥NEWS🔥
Tuesdays, 15 April 2025
$BTC Bitcoin Surges Above $84,500 Amid Global Spotlight: From Brazil's Corporate Strategy to U.S. Political Moves
Tuesday, April 15, 2025
Bitcoin (BTC) is trading between $84,500 and $84,900 this morning, up approximately 1.7% over the past 24 hours. While the crypto market shows signs of short-term stability, recent global developments—ranging from corporate moves in Brazil to bold political maneuvers in the U.S.—are reshaping the digital asset landscape.
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Brazil’s Meliuz Eyes Bitcoin as a Strategic Reserve
Brazilian fintech firm Meliuz (CASH3.SA) has proposed incorporating Bitcoin as a core strategic asset within its corporate treasury. This proposal will be presented at the company’s shareholder meeting on May 6. If approved, it marks a significant step toward mainstream crypto adoption in Latin American corporate finance.
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U.S. Deregulation Sparks Controversy Amid Trump’s Crypto Push
In the United States, the Trump administration has faced sharp criticism over a sweeping deregulation of the crypto industry. The Justice Department's crypto enforcement unit was dismantled, and a new stablecoin—USD1—was launched by World Liberty Financial, a company tied to the Trump family. Critics warn of potential conflicts of interest and increased illicit activity in the sector.
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Strategic Bitcoin Reserve: Vision or Illusion?
President Trump also signed an executive order establishing a “Strategic Bitcoin Reserve” using BTC previously seized by federal agencies. While the move is framed as a visionary step toward monetary innovation, analysts remain skeptical due to the lack of actual Bitcoin purchases from the open market.
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Market Outlook: Steady Support, Volatile Potential
According to analysts at Swissblock, Bitcoin’s strong network fundamentals and steady liquidity suggest continued growth. However, a fall below the $73,000 support level could trigger a sharp correction, with potential downside reaching $62,500.