#USChinaTensions Here are some of the latest crypto news highlights:

Market Updates

- *Bitcoin Price*: Bitcoin has surged above $87,000, with some analysts predicting it could reach $100,000 soon, driven by US Treasury buybacks and a weakening US dollar.

- *Altcoin Performance*: Solana (SOL), XRP, and Cardano (ADA) have seen notable increases as Bitcoin's digital gold narrative gains momentum ¹ ² ³.

Regulatory Developments

- *Deutsche Bank and Standard Chartered*: The two banks are reportedly exploring US crypto expansion, according to the Wall Street Journal.

- *Circle and BitGo*: These crypto firms are planning to apply for bank charters amid evolving US stablecoin regulations ¹ ³.

Institutional Investments

- *Michael Saylor's Strategy*: Saylor's company has acquired 6,556 Bitcoin for $555.8 million, bringing its total holdings to 538,200 BTC.

- *Metaplanet's Bitcoin Holdings*: Metaplanet has increased its Bitcoin holdings past $400 million with its latest $28 million acquisition ³ ².

Other News

- *El Salvador's AI Collaboration*: El Salvador has partnered with Nvidia to develop sovereign AI infrastructure, aiming to improve healthcare, education, and infrastructure.

- *Synthetix Founder's Warning*: The founder has warned SNX stakers to adopt a new mechanism or face consequences due to SUSD depegging ³ ⁴.