BullBearNews
Open Trade
Occasional Trader
4.7 Years
Latest News
1 Following
66 Followers
112 Liked
8 Shared
Posts
Quotes
Vietnam Recognizes Cryptoassets, Enacts New Digital Law
Vietnam’s Landmark Crypto Law officially recognizes Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies as legitimate digital assets, delineating clear boundaries between crypto assets and digital securities.
The statute positions Vietnam as a serious contender in the crypto sector, attracting international developers, and investors.
Vietnam's law, passed by the National Assembly, establishes a clear regulatory framework for blockchain innovation effective January 2026, aiming to bolster Vietnam's digital transformation strategy, previously marked by regulatory caution.
The primary body involved is the Vietnamese National Assembly. Responsible agencies will classify assets, enforce AML measures, and manage licenses. Vietnam has historically approached crypto cautiously, now pivoting strategically towards a robust tech-focused model.
Immediate effects are expected to be seen in investments as the law clarifies asset governance. Classifying Bitcoin and Ethereum as official crypto assets offers a favorable market for global projects. This regulatory clarity may increase institutional confidence.
Financially, the law is likely to attract foreign capital by offering tax incentives and a clear legal foundation. Politically, adhering to FATF guidelines could elevate Vietnam's global financial position. Socially, local optimism grows with regulatory sandboxes for innovation.
The law is expected to shift Vietnam's crypto landscape, drawing parallels to frameworks in Singapore and Thailand. Insights indicate potential growth in domestic blockchain brands and increased developer activity, positioning Vietnam as a notable tech hub in the region.
#VietnamCryptoPolicy
Vietnam’s Landmark Crypto Law officially recognizes Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies as legitimate digital assets, delineating clear boundaries between crypto assets and digital securities.
The statute positions Vietnam as a serious contender in the crypto sector, attracting international developers, and investors.
Vietnam's law, passed by the National Assembly, establishes a clear regulatory framework for blockchain innovation effective January 2026, aiming to bolster Vietnam's digital transformation strategy, previously marked by regulatory caution.
The primary body involved is the Vietnamese National Assembly. Responsible agencies will classify assets, enforce AML measures, and manage licenses. Vietnam has historically approached crypto cautiously, now pivoting strategically towards a robust tech-focused model.
Immediate effects are expected to be seen in investments as the law clarifies asset governance. Classifying Bitcoin and Ethereum as official crypto assets offers a favorable market for global projects. This regulatory clarity may increase institutional confidence.
Financially, the law is likely to attract foreign capital by offering tax incentives and a clear legal foundation. Politically, adhering to FATF guidelines could elevate Vietnam's global financial position. Socially, local optimism grows with regulatory sandboxes for innovation.
The law is expected to shift Vietnam's crypto landscape, drawing parallels to frameworks in Singapore and Thailand. Insights indicate potential growth in domestic blockchain brands and increased developer activity, positioning Vietnam as a notable tech hub in the region.
#VietnamCryptoPolicy
Stablecoin company and USDT issuer Tether is reportedly planning to venture into the artificial intelligence (AI) space.
Tether CEO Paolo Ardoino is unveiling Tether’s vision to launch a platform that will enable people to interact with artificial intelligence using their mobile phones, reports Bloomberg.
Tether plans to launch the AI platform in the first quarter of 2025 as the company rakes in net profits of more than $10 billion this year.
Ardoino says at least half of the profits will be allocated to AI and other investments next year.
“Next year we plan to deploy at least half of the profits in investment. Our investment is just at the beginning.”
Data from CoinMarketCap shows that USDT now has a market cap of about $140 billion, up by nearly $50 billion this year. Demand for the dollar-pegged asset surged as the crypto market rallied with Bitcoin (BTC) breaching the six-digit mark.
In a report published earlier this month, Tether says the number of wallets holding USDT rose by 71% in 2024.
The firm says that at the start of Q4 2024, there were 109 million on-chain wallets holding USDT– more than twice the number of wallets holding Bitcoin. USDT also remains the leading stablecoin in terms of adoption with four times more wallets than all other stablecoins combined.
$ADA
Tether CEO Paolo Ardoino is unveiling Tether’s vision to launch a platform that will enable people to interact with artificial intelligence using their mobile phones, reports Bloomberg.
Tether plans to launch the AI platform in the first quarter of 2025 as the company rakes in net profits of more than $10 billion this year.
Ardoino says at least half of the profits will be allocated to AI and other investments next year.
“Next year we plan to deploy at least half of the profits in investment. Our investment is just at the beginning.”
Data from CoinMarketCap shows that USDT now has a market cap of about $140 billion, up by nearly $50 billion this year. Demand for the dollar-pegged asset surged as the crypto market rallied with Bitcoin (BTC) breaching the six-digit mark.
In a report published earlier this month, Tether says the number of wallets holding USDT rose by 71% in 2024.
The firm says that at the start of Q4 2024, there were 109 million on-chain wallets holding USDT– more than twice the number of wallets holding Bitcoin. USDT also remains the leading stablecoin in terms of adoption with four times more wallets than all other stablecoins combined.
$ADA
The Blockchain Group Raises €9.7M for Bitcoin Strategy
The Blockchain Group raised €9.7M to bolster its Bitcoin reserves, aligning with its long-term vision for Bitcoin as a corporate treasury asset. Increasing Bitcoin holdings is a strategic move, targeting 1% of all Bitcoin in circulation by 2032.
Jean-Philippe Casadepax-Soulet and Alexandre Laizet lead this initiative. The strong mandate received shareholder backing with a 95% approval, showcasing robust institutional trust. Institutional support, including TOBAM’s involvement, highlights confidence in Bitcoin’s potential. Jean-Philippe Casadepax-Soulet, CEO of The Blockchain Group, remarked, "This mandate will allow us to accelerate our Bitcoin accumulation strategy. It’s about leveraging our capital base to build a hard-asset reserve that aligns with long-term value creation."
The immediate market effects include heightened interest in Bitcoin investments. The Blockchain Group's strategy may shape future corporate actions, influencing potential positive outcomes for Bitcoin's market perception as a reliable asset.
This initiative may enhance financial stability through increased Bitcoin adoption, providing a meaningful pathway for companies in the EU. Observers look to the Blockchain Group's actions as indicative of a broader institutional pool gravitating towards Bitcoin.
Regulatory landscapes remain unaffected. However, the company aligns with Euronext Growth Paris requirements. Technological and financial landscape shifts may arise as more corporations view Bitcoin as a viable reserve asset. Historical trends suggest successful integrations lead to positive market sentiment.
$BTC
The Blockchain Group raised €9.7M to bolster its Bitcoin reserves, aligning with its long-term vision for Bitcoin as a corporate treasury asset. Increasing Bitcoin holdings is a strategic move, targeting 1% of all Bitcoin in circulation by 2032.
Jean-Philippe Casadepax-Soulet and Alexandre Laizet lead this initiative. The strong mandate received shareholder backing with a 95% approval, showcasing robust institutional trust. Institutional support, including TOBAM’s involvement, highlights confidence in Bitcoin’s potential. Jean-Philippe Casadepax-Soulet, CEO of The Blockchain Group, remarked, "This mandate will allow us to accelerate our Bitcoin accumulation strategy. It’s about leveraging our capital base to build a hard-asset reserve that aligns with long-term value creation."
The immediate market effects include heightened interest in Bitcoin investments. The Blockchain Group's strategy may shape future corporate actions, influencing potential positive outcomes for Bitcoin's market perception as a reliable asset.
This initiative may enhance financial stability through increased Bitcoin adoption, providing a meaningful pathway for companies in the EU. Observers look to the Blockchain Group's actions as indicative of a broader institutional pool gravitating towards Bitcoin.
Regulatory landscapes remain unaffected. However, the company aligns with Euronext Growth Paris requirements. Technological and financial landscape shifts may arise as more corporations view Bitcoin as a viable reserve asset. Historical trends suggest successful integrations lead to positive market sentiment.
$BTC
Connecticut Bans State Investments in Cryptocurrencies
Connecticut enacted HB7082, banning state cryptocurrency holdings, impacting treasury operations. The Connecticut State Legislature's support for this restrictive policy change signifies a unique stance compared to other states exploring crypto reserves.
The law targets state and municipal entities, eliminating potential crypto allocations. The Legislature's passage signifies a collective effort to mitigate financial uncertainty linked to volatile digital assets.
The ban means Connecticut will not engage in cryptocurrency, unlike states considering it for treasury diversification. The approach underscores a risk-averse strategy within government finances.
State treasury and pension funds face no current crypto divestment, suggesting limited previous exposure. The law influences states pursuing diverse investment portfolios in response to crypto market volatility.
"Connecticut’s legislation reflects a cautious approach, emphasizing protection of taxpayer investments from the unpredictable nature of digital currencies," said a representative from the Connecticut State Legislature.
While some states like Wyoming explore crypto reserves adoption, Connecticut's ban aligns with broader regulatory caution seen in regions preferring traditional investment vehicles.
Connecticut's decision may prompt policy reassessment in others, with outcomes shaped by evolving global economic trends and emerging crypto regulatory frameworks.
$ETH
Connecticut enacted HB7082, banning state cryptocurrency holdings, impacting treasury operations. The Connecticut State Legislature's support for this restrictive policy change signifies a unique stance compared to other states exploring crypto reserves.
The law targets state and municipal entities, eliminating potential crypto allocations. The Legislature's passage signifies a collective effort to mitigate financial uncertainty linked to volatile digital assets.
The ban means Connecticut will not engage in cryptocurrency, unlike states considering it for treasury diversification. The approach underscores a risk-averse strategy within government finances.
State treasury and pension funds face no current crypto divestment, suggesting limited previous exposure. The law influences states pursuing diverse investment portfolios in response to crypto market volatility.
"Connecticut’s legislation reflects a cautious approach, emphasizing protection of taxpayer investments from the unpredictable nature of digital currencies," said a representative from the Connecticut State Legislature.
While some states like Wyoming explore crypto reserves adoption, Connecticut's ban aligns with broader regulatory caution seen in regions preferring traditional investment vehicles.
Connecticut's decision may prompt policy reassessment in others, with outcomes shaped by evolving global economic trends and emerging crypto regulatory frameworks.
$ETH
SEC Plans New Framework to Fuel Crypto Innovation Growth!
In a recent turn of events, the U.S. Securities and Exchange Commission (SEC) is contemplating an exemption for certain cryptocurrency and blockchain services from some of its regulatory standards. This proposal could potentially foster greater innovation within the blockchain sector, signaling a significant shift in how digital assets are regulated by federal authorities.
The SEC’s consideration comes as a response to the need for nurturing technological advances in the fields of blockchain and distributed ledger technology. With cryptocurrencies and related technologies rapidly advancing, there exists a pressing requirement for a regulatory framework that both supports innovation and ensures investor protection. This potential exemption could alleviate some of the regulatory constraints currently faced by blockchain developers and companies, allowing for more fluid experimentation and development within the sector.
If the SEC moves forward with this exemption, the implications for the cryptocurrency market could be wide-reaching. This change might attract more startups and established companies to invest in blockchain technology, leading to increased technological developments and possibly new types of digital assets. Such a regulatory shift could also pave the way for more innovative applications of blockchain technology beyond just cryptocurrencies, including in areas like decentralized finance (DeFi), supply chain management, and non-fungible tokens (NFTs).
The reception from the cryptocurrency community and blockchain industry stakeholders has been largely positive, as this development is viewed as a potential catalyst for further technological advancements and adoption. However, some experts caution that while exemption from certain regulations can spur innovation, it must be implemented in a manner that continues to protect investors and maintain the integrity of the market.
In conclusion, the SEC’s considerations to exempt specific blockchain and crypto initiatives from some regulatory measures could mark a pivotal development in the broader adoption and maturation of blockchain technologies. As the landscape of digital assets continues to evolve, staying informed about such regulatory changes will be crucial for investors, developers, and regulators alike.
$BTC
The SEC’s consideration comes as a response to the need for nurturing technological advances in the fields of blockchain and distributed ledger technology. With cryptocurrencies and related technologies rapidly advancing, there exists a pressing requirement for a regulatory framework that both supports innovation and ensures investor protection. This potential exemption could alleviate some of the regulatory constraints currently faced by blockchain developers and companies, allowing for more fluid experimentation and development within the sector.
If the SEC moves forward with this exemption, the implications for the cryptocurrency market could be wide-reaching. This change might attract more startups and established companies to invest in blockchain technology, leading to increased technological developments and possibly new types of digital assets. Such a regulatory shift could also pave the way for more innovative applications of blockchain technology beyond just cryptocurrencies, including in areas like decentralized finance (DeFi), supply chain management, and non-fungible tokens (NFTs).
The reception from the cryptocurrency community and blockchain industry stakeholders has been largely positive, as this development is viewed as a potential catalyst for further technological advancements and adoption. However, some experts caution that while exemption from certain regulations can spur innovation, it must be implemented in a manner that continues to protect investors and maintain the integrity of the market.
In conclusion, the SEC’s considerations to exempt specific blockchain and crypto initiatives from some regulatory measures could mark a pivotal development in the broader adoption and maturation of blockchain technologies. As the landscape of digital assets continues to evolve, staying informed about such regulatory changes will be crucial for investors, developers, and regulators alike.
$BTC
Bhutan Embraces Bitcoin and Crypto Payments in Bold Fintech Push
Bhutan has made headlines by revealing a $1.27 billion Bitcoin portfolio and launching a national-level crypto payment system. The Himalayan kingdom now holds 12,062 BTC, making Bitcoin its largest crypto asset. At a trading price of $105,492 per coin, the value of Bhutan’s holdings confirms a serious institutional-level commitment. The total portfolio gained 0.71%, reflecting modest returns amid broader market volatility. Ethereum accounts for a part of the holdings, with 656,012 ETH worth $1.65 million. However, ETH declined 0.063%, trading at $2,516.42.
Besides Bitcoin and Ethereum, Bhutan’s crypto portfolio includes several altcoins. These smaller tokens show mixed results. PHIL dropped 0.42%, while LNQ fell 1.35%. APU also declined by 0.18%. Moreover, KIBSHI recorded a steep 7.82% loss, despite Bhutan holding 8.889 million tokens. AIKEK fell 1.37%, showing further weakness among emerging assets. However, BOBO defied market pressure with a 3.08% gain, marking a rare bright spot.
The portfolio structure highlights Bhutan’s strategy of using Bitcoin for stability while allocating smaller percentages to riskier altcoins. Consequently, the country’s digital asset exposure demonstrates diversification and calculated risk.
In a landmark move, Bhutan partnered with Binance Pay to transform its tourism payments. The initiative allows visitors to pay for every part of their trip using over 100 cryptocurrencies. This includes Bitcoin, BNB, and USDC.
DK Bank, Bhutan’s digital banking arm, supports this national crypto payment system. More than 100 merchants—including those in remote areas—accept crypto payments through QR codes. These merchants range from airlines and hotels to street vendors and monument operators.
Additionally, the system offers real-time transaction notifications, instant settlements, and zero gas fees. These features remove traditional barriers to digital payments. Richard Teng, CEO of Binance, praised the partnership as a global milestone. He emphasized that this move bridges cultures, drives innovation, and connects global travelers through digital finance.
$BTC
Besides Bitcoin and Ethereum, Bhutan’s crypto portfolio includes several altcoins. These smaller tokens show mixed results. PHIL dropped 0.42%, while LNQ fell 1.35%. APU also declined by 0.18%. Moreover, KIBSHI recorded a steep 7.82% loss, despite Bhutan holding 8.889 million tokens. AIKEK fell 1.37%, showing further weakness among emerging assets. However, BOBO defied market pressure with a 3.08% gain, marking a rare bright spot.
The portfolio structure highlights Bhutan’s strategy of using Bitcoin for stability while allocating smaller percentages to riskier altcoins. Consequently, the country’s digital asset exposure demonstrates diversification and calculated risk.
In a landmark move, Bhutan partnered with Binance Pay to transform its tourism payments. The initiative allows visitors to pay for every part of their trip using over 100 cryptocurrencies. This includes Bitcoin, BNB, and USDC.
DK Bank, Bhutan’s digital banking arm, supports this national crypto payment system. More than 100 merchants—including those in remote areas—accept crypto payments through QR codes. These merchants range from airlines and hotels to street vendors and monument operators.
Additionally, the system offers real-time transaction notifications, instant settlements, and zero gas fees. These features remove traditional barriers to digital payments. Richard Teng, CEO of Binance, praised the partnership as a global milestone. He emphasized that this move bridges cultures, drives innovation, and connects global travelers through digital finance.
$BTC
Mempool Warns Community: Phishing Scam Alert Announced
Mempool released an official announcement on June 7, 2025, emphasizing that it does not offer any "encrypted recovery service." Reports identify phishing scams using its branding, prompting a community alert urging caution.
The announcement is crucial as it addresses the ongoing threat of phishing scams exploiting the cryptocurrency domain's reputation. These scams, which impersonate legitimate services, highlight persistent security challenges for Bitcoin users.
The Mempool project, known for its open-source Bitcoin mempool and blockchain explorer, warned users about phishing scams on June 7. These scams use Mempool's branding to falsely claim encrypted recovery services, despite Mempool offering no such service.
This event serves as a reminder of opportunistic scams within the cryptocurrency community. Mempool has urged users to report any suspicious emails or communications and to avoid clicking unverified links, reinforcing community vigilance.
Despite the warning, on-chain activities within the Bitcoin network remain unaffected. Market reactions predominantly focus on user precautions, with no major incidents reported following the alert. Key opinion leaders have yet to publicly comment on the situation.
$USDC
Mempool released an official announcement on June 7, 2025, emphasizing that it does not offer any "encrypted recovery service." Reports identify phishing scams using its branding, prompting a community alert urging caution.
The announcement is crucial as it addresses the ongoing threat of phishing scams exploiting the cryptocurrency domain's reputation. These scams, which impersonate legitimate services, highlight persistent security challenges for Bitcoin users.
The Mempool project, known for its open-source Bitcoin mempool and blockchain explorer, warned users about phishing scams on June 7. These scams use Mempool's branding to falsely claim encrypted recovery services, despite Mempool offering no such service.
This event serves as a reminder of opportunistic scams within the cryptocurrency community. Mempool has urged users to report any suspicious emails or communications and to avoid clicking unverified links, reinforcing community vigilance.
Despite the warning, on-chain activities within the Bitcoin network remain unaffected. Market reactions predominantly focus on user precautions, with no major incidents reported following the alert. Key opinion leaders have yet to publicly comment on the situation.
$USDC
Bitcoin Soars as Trump and Xi Have an Unexpected Conversation
Moments ago, Chinese State Media released a breaking news announcement that Trump and Xi had a phone conversation. No details have been disclosed about the nature or specifics of the conversation. However, BTC reached its daily peak following the announcement, and even the slightest indication of easing tensions could further support its rise.
As this article was being prepared, Xinhua confirmed the conversation. Statements from Chinese and American officials regarding the meetings are expected shortly. This page will be updated with the latest information as it becomes available. Stay tuned for developments.
The early occurrence of Trump and Xi’s conversation has ignited a spark in the cryptocurrency markets. Investors had been on edge, awaiting this critical interaction aimed at potentially calming escalating trade tensions. As news of the call spread, market confidence surged, reflected in the rapid climb of Bitcoin prices.
Although the specifics of Trump and Xi’s discussions are still unknown, the very occurrence of the call hints at an opening for dialogue and negotiation between the two economic powerhouses. Markets reacted positively to the prospect of reduced geopolitical tension, a sentiment that quickly manifested in trading activities.
This unexpected meeting serves as a reminder of how geopolitical events can significantly impact financial markets, particularly cryptocurrencies known for their volatility and sensitivity to external events. The crypto community keenly observes the unfolding situation, hopeful that more concrete outcomes will emerge in the coming days.
Meanwhile, analysts are closely monitoring the situation, ready to gauge the subsequent moves by both the U.S. and China in their approach to ongoing negotiations. As always, the cryptocurrency world remains unpredictable, with Bitcoin’s price a testament to the fast-paced nature of the market.
#TradingTypes101
Moments ago, Chinese State Media released a breaking news announcement that Trump and Xi had a phone conversation. No details have been disclosed about the nature or specifics of the conversation. However, BTC reached its daily peak following the announcement, and even the slightest indication of easing tensions could further support its rise.
As this article was being prepared, Xinhua confirmed the conversation. Statements from Chinese and American officials regarding the meetings are expected shortly. This page will be updated with the latest information as it becomes available. Stay tuned for developments.
The early occurrence of Trump and Xi’s conversation has ignited a spark in the cryptocurrency markets. Investors had been on edge, awaiting this critical interaction aimed at potentially calming escalating trade tensions. As news of the call spread, market confidence surged, reflected in the rapid climb of Bitcoin prices.
Although the specifics of Trump and Xi’s discussions are still unknown, the very occurrence of the call hints at an opening for dialogue and negotiation between the two economic powerhouses. Markets reacted positively to the prospect of reduced geopolitical tension, a sentiment that quickly manifested in trading activities.
This unexpected meeting serves as a reminder of how geopolitical events can significantly impact financial markets, particularly cryptocurrencies known for their volatility and sensitivity to external events. The crypto community keenly observes the unfolding situation, hopeful that more concrete outcomes will emerge in the coming days.
Meanwhile, analysts are closely monitoring the situation, ready to gauge the subsequent moves by both the U.S. and China in their approach to ongoing negotiations. As always, the cryptocurrency world remains unpredictable, with Bitcoin’s price a testament to the fast-paced nature of the market.
#TradingTypes101
Whale Deposits 40.5 Million USDC into Hyperliquid to Short BTC, ETH, and SOL With 5x Leverage -
While the crypto market enters a short market price dip, experienced whales are making calculated moves to make smart gains. To highlight, one whale deposits 40.5 million USDC into Hyperliquid to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 5x leverage. The whale went on to make a steady profit as the market dropped. This whale’s flip is sitting at an unrealized profit of over $3.5 million.
-
The crypto market, like any other financial market, is filled with infinite opportunities to leverage any market state. Just like stocks, profits can be made in both bearish and bullish market movements, and only the most vigilant traders can leverage these rapid market shifts to walk away with significant profits over losses. What’s special about the crypto market is that it never sleeps, giving traders infinite open windows to find opportunities for profit.
-
this whale is one such vigilant trader who is working on making strong gains in the crypto market in a tiny window of opportunity. To highlight, the crypto market just experienced a gigantic pump. In detail, the price of Bitcoin experienced a pump from $99,000 to $105,000, and today it went down to $102,000. Seasoned traders know that pumps are often followed by short dips, and these short dips are then followed often by more significant pumps.
-
This means that traders have a small window to leverage the short dips with smart traders and well-thought-out trading plans. The whale in the post above did just that. He took a huge risk by depositing a total of 50.5 million USDC into Hyperliquid to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 5x leverage. This was a brave move that could have gone extremely wrong.
-
Instead, the whale is now enjoying a significant increase in his holdings, as when the market dropped, the whale flipped into profit. To specify, the whale is now sitting on an unrealized profit of over $3,500,000, as confirmed in the images accompanying the post shared above. Presently, the market looks like its about to recover slowly meaning the whale has to make a strategic move on when to close his short trade and ensure to walk away with all profits intact.
-
This move also draws light to the easy trading nature afforded to crypto traders by the popular Hyperliquid Foundation. This ecosystem is a blockchain to house all finance. The platform combines the best of both centralized and decentralized exchanges, offering fast speeds, low fees, and advanced trading tools like perpetual derivatives, making it a very popular platform for trading in crypto.
-
$BTC
-
The crypto market, like any other financial market, is filled with infinite opportunities to leverage any market state. Just like stocks, profits can be made in both bearish and bullish market movements, and only the most vigilant traders can leverage these rapid market shifts to walk away with significant profits over losses. What’s special about the crypto market is that it never sleeps, giving traders infinite open windows to find opportunities for profit.
-
this whale is one such vigilant trader who is working on making strong gains in the crypto market in a tiny window of opportunity. To highlight, the crypto market just experienced a gigantic pump. In detail, the price of Bitcoin experienced a pump from $99,000 to $105,000, and today it went down to $102,000. Seasoned traders know that pumps are often followed by short dips, and these short dips are then followed often by more significant pumps.
-
This means that traders have a small window to leverage the short dips with smart traders and well-thought-out trading plans. The whale in the post above did just that. He took a huge risk by depositing a total of 50.5 million USDC into Hyperliquid to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 5x leverage. This was a brave move that could have gone extremely wrong.
-
Instead, the whale is now enjoying a significant increase in his holdings, as when the market dropped, the whale flipped into profit. To specify, the whale is now sitting on an unrealized profit of over $3,500,000, as confirmed in the images accompanying the post shared above. Presently, the market looks like its about to recover slowly meaning the whale has to make a strategic move on when to close his short trade and ensure to walk away with all profits intact.
-
This move also draws light to the easy trading nature afforded to crypto traders by the popular Hyperliquid Foundation. This ecosystem is a blockchain to house all finance. The platform combines the best of both centralized and decentralized exchanges, offering fast speeds, low fees, and advanced trading tools like perpetual derivatives, making it a very popular platform for trading in crypto.
-
$BTC
U.S.-China Trade Truce Ignites Cryptocurrency Optimism
As the trade war between the United States and China cools, cautious optimism has emerged within the cryptocurrency market. Under a Geneva agreement, Beijing has agreed to reduce tariffs on U.S. goods from 125% to 10%, while Washington will lower import taxes on Chinese goods from 145% to 30%. This arrangement is set to be in effect for 90 days and will commence on May 14, 2025. Such developments have paved the way for Bitcoin (BTC) to surge above $104,000 and Ethereum (ETH) to gain strength by surpassing the $2,500 threshold.
-
The sudden reduction in trade barriers has revived global risk appetite. Futures for U.S. markets, including the S&P 500, Nasdaq, Dow Jones, and Russell 2000, recorded increases exceeding 2% in pre-market trading. Conversely, gold prices fell by 3% following their latest peak test. This scenario indicates a shift in investor preference from safe haven assets to more risky investments.
-
Renowned cryptocurrency investor and Maelstrom CIO, Arthur Hayes, encouraged traders to “buy everything” in an X post, giving a green light to the market. According to Hayes, the easing of trade barriers will moderately alleviate inflation pressures and enhance liquidity. Cryptocurrency investors perceive this as an unprecedented opportunity period.
-
Bitcoin crossed the $100,000 threshold, peaking at $106,000, influenced by these macro developments. Ethereum also marked its largest daily gain in four years, supported by the successful transition to the Pectra update.
Examining volatility, BTC’s seven-day average volatility edged from 37% to 42%, whereas Ethereum’s volatility experienced a dramatic surge, nearing 90% from 52%, now stabilizing around 80%. Derive.xyz Research Director Dr. Sean Dawson noted that these figures indicate ETH is likely to undergo more aggressive price movements in the future.
-
Dawson emphasized the potential for ETH to revisit the $4,000 region and set a reasonable target of $150,000 for Bitcoin. He also suggested that seeing $200,000 by the year’s end is possible if current market conditions persist. Institutional interest and macroeconomic stability appear poised to drive positive momentum in the cryptocurrency market in the coming months.
-
#TradeWarEases
-
The sudden reduction in trade barriers has revived global risk appetite. Futures for U.S. markets, including the S&P 500, Nasdaq, Dow Jones, and Russell 2000, recorded increases exceeding 2% in pre-market trading. Conversely, gold prices fell by 3% following their latest peak test. This scenario indicates a shift in investor preference from safe haven assets to more risky investments.
-
Renowned cryptocurrency investor and Maelstrom CIO, Arthur Hayes, encouraged traders to “buy everything” in an X post, giving a green light to the market. According to Hayes, the easing of trade barriers will moderately alleviate inflation pressures and enhance liquidity. Cryptocurrency investors perceive this as an unprecedented opportunity period.
-
Bitcoin crossed the $100,000 threshold, peaking at $106,000, influenced by these macro developments. Ethereum also marked its largest daily gain in four years, supported by the successful transition to the Pectra update.
Examining volatility, BTC’s seven-day average volatility edged from 37% to 42%, whereas Ethereum’s volatility experienced a dramatic surge, nearing 90% from 52%, now stabilizing around 80%. Derive.xyz Research Director Dr. Sean Dawson noted that these figures indicate ETH is likely to undergo more aggressive price movements in the future.
-
Dawson emphasized the potential for ETH to revisit the $4,000 region and set a reasonable target of $150,000 for Bitcoin. He also suggested that seeing $200,000 by the year’s end is possible if current market conditions persist. Institutional interest and macroeconomic stability appear poised to drive positive momentum in the cryptocurrency market in the coming months.
-
#TradeWarEases
Florida Teens Kidnap Crypto Investor, Steal $4M in Shocking Heist Plot
-
Two teenagers from Florida are set to be tried as adults after allegedly kidnapping a Las Vegas man and stealing $4 million in cryptocurrency and NFTs. Belal Ashraf and Austin Fletcher, both 16, along with a third unnamed teen, face charges of robbery, kidnapping, and extortion in connection with the incident.
-
According to court records, the teenagers targeted the victim after he returned home from a cryptocurrency event in November. The alarm was brought by authorities who claimed the teens appeared at his apartment complex, shoved him into a car, and made aggressive threats. The suspects allegedly told the victim that they had his father and would kill him if he refused to comply.
-
The officials claim that the trio forced him to let them into his digital holdings. Because of intimidation, the victim transferred control of approximately $4 million of the cryptocurrency and NFT assets to the suspects. When the victim was intimidated into submission, the teenagers took him past state limits and dumped him off in White Hills, Arizona.
-
Once in Arizona, the suspects allegedly abandoned the man in a remote area. He walked five miles before reaching a gas station, where he contacted a friend for help. The victim later provided information that led investigators to identify the suspects.
-
According to prosecutors who presided during a May 9 hearing, the third suspect is no longer in the U.S. The law enforcement believes that another person could have communicated with the teens during the attack.
-
Court proceedings for the accused teens have already begun, with a Las Vegas judge denying Fletcher’s request for house arrest and setting his bail at $4 million. At another hearing, Ashraf was released on electronic monitoring while awaiting trial.
-
Further investigation has been carried out as law-enforcement officers continue investigating the issue. The police have not ruled out extra suspects and are investigating digital messages that came with the incident.
-
#ETHCrossed2500
-
Two teenagers from Florida are set to be tried as adults after allegedly kidnapping a Las Vegas man and stealing $4 million in cryptocurrency and NFTs. Belal Ashraf and Austin Fletcher, both 16, along with a third unnamed teen, face charges of robbery, kidnapping, and extortion in connection with the incident.
-
According to court records, the teenagers targeted the victim after he returned home from a cryptocurrency event in November. The alarm was brought by authorities who claimed the teens appeared at his apartment complex, shoved him into a car, and made aggressive threats. The suspects allegedly told the victim that they had his father and would kill him if he refused to comply.
-
The officials claim that the trio forced him to let them into his digital holdings. Because of intimidation, the victim transferred control of approximately $4 million of the cryptocurrency and NFT assets to the suspects. When the victim was intimidated into submission, the teenagers took him past state limits and dumped him off in White Hills, Arizona.
-
Once in Arizona, the suspects allegedly abandoned the man in a remote area. He walked five miles before reaching a gas station, where he contacted a friend for help. The victim later provided information that led investigators to identify the suspects.
-
According to prosecutors who presided during a May 9 hearing, the third suspect is no longer in the U.S. The law enforcement believes that another person could have communicated with the teens during the attack.
-
Court proceedings for the accused teens have already begun, with a Las Vegas judge denying Fletcher’s request for house arrest and setting his bail at $4 million. At another hearing, Ashraf was released on electronic monitoring while awaiting trial.
-
Further investigation has been carried out as law-enforcement officers continue investigating the issue. The police have not ruled out extra suspects and are investigating digital messages that came with the incident.
-
#ETHCrossed2500
Taiwan Legislator Proposes Bitcoin for National Reserves
-
Taiwan's consideration of Bitcoin as a national reserve asset marks a notable shift in its financial strategy, potentially influencing regional cryptocurrency adoption and market dynamics.
-
Ko Ju-Chun, a legislator from Taiwan's Legislative Yuan, has proposed including Bitcoin in Taiwan's national reserves. Currently focused on enhancing economic resilience, his plan suggests deploying up to 5% of Taiwan's reserves in Bitcoin, amounting to approximately $2.5 billion.
-
The proposal highlights Bitcoin's role in scaling Taiwan's financial defenses. Ko Ju-Chun emphasized Bitcoin's potential to protect against currency volatility. He believes integrating Bitcoin could reduce reliance on traditional assets during uncertain periods, strengthening Taiwan's economic security.
-
Immediate responses to Ko's proposal have varied, with economic experts monitoring potential benefits. If adopted, this could signal increased cryptocurrency acceptance at the institutional level, potentially affecting global market trends. Taiwan's move might echo past decisions by other states to incorporate digital currencies into reserve strategies.
-
Ko's advocacy might influence other countries contemplating similar financial strategies. The outcome could potentially reshape Taiwan's place in the global economic arena, as the country navigates financial shifts in the coming years.
-
While the proposal remains under debate, its impact extends beyond national policy to include broader financial and technological considerations. Taiwan's deliberations follow a global trend of evaluating cryptocurrencies as potential economic stabilizers, with Ko's approach reflecting an emerging strategic shift towards embracing digital assets.
-
#CryptoComeback
$BTC
-
Taiwan's consideration of Bitcoin as a national reserve asset marks a notable shift in its financial strategy, potentially influencing regional cryptocurrency adoption and market dynamics.
-
Ko Ju-Chun, a legislator from Taiwan's Legislative Yuan, has proposed including Bitcoin in Taiwan's national reserves. Currently focused on enhancing economic resilience, his plan suggests deploying up to 5% of Taiwan's reserves in Bitcoin, amounting to approximately $2.5 billion.
-
The proposal highlights Bitcoin's role in scaling Taiwan's financial defenses. Ko Ju-Chun emphasized Bitcoin's potential to protect against currency volatility. He believes integrating Bitcoin could reduce reliance on traditional assets during uncertain periods, strengthening Taiwan's economic security.
-
Immediate responses to Ko's proposal have varied, with economic experts monitoring potential benefits. If adopted, this could signal increased cryptocurrency acceptance at the institutional level, potentially affecting global market trends. Taiwan's move might echo past decisions by other states to incorporate digital currencies into reserve strategies.
-
Ko's advocacy might influence other countries contemplating similar financial strategies. The outcome could potentially reshape Taiwan's place in the global economic arena, as the country navigates financial shifts in the coming years.
-
While the proposal remains under debate, its impact extends beyond national policy to include broader financial and technological considerations. Taiwan's deliberations follow a global trend of evaluating cryptocurrencies as potential economic stabilizers, with Ko's approach reflecting an emerging strategic shift towards embracing digital assets.
-
#CryptoComeback
$BTC
White House Prepares Trade Agreements with Key Asian Economies
-
Wall Street insiders report that the White House is arranging trade agreements with India, Japan, South Korea, and Australia. Tariffs are to align with the UK at approximately 10%.
-
The agreements signify a strategic economic pivot benefiting global trade relations. This move highlights a concerted effort to stabilize market interactions, ensuring consistent trade patterns across vital regions.
-
The White House is pursuing agreements with India, Japan, South Korea, and Australia. These agreements aim to create a consistent policy with a tariff rate around 10%, according to market insiders. Trade policies with China remain uncertain.
-
Easing tensions within global trade could spur optimism in both traditional and digital markets. While concrete impacts depend on precise terms, experts foresee significant shifts in cross-border economic activities.
-
Market reactions remain cautiously optimistic. Analysts speculate on positive effects for cryptocurrencies, suggesting an indirect link between easing tensions and market valuations. As per sources, such agreements may bolster investor confidence and ease market volatility.
-
#BTCBackto100K
-
Wall Street insiders report that the White House is arranging trade agreements with India, Japan, South Korea, and Australia. Tariffs are to align with the UK at approximately 10%.
-
The agreements signify a strategic economic pivot benefiting global trade relations. This move highlights a concerted effort to stabilize market interactions, ensuring consistent trade patterns across vital regions.
-
The White House is pursuing agreements with India, Japan, South Korea, and Australia. These agreements aim to create a consistent policy with a tariff rate around 10%, according to market insiders. Trade policies with China remain uncertain.
-
Easing tensions within global trade could spur optimism in both traditional and digital markets. While concrete impacts depend on precise terms, experts foresee significant shifts in cross-border economic activities.
-
Market reactions remain cautiously optimistic. Analysts speculate on positive effects for cryptocurrencies, suggesting an indirect link between easing tensions and market valuations. As per sources, such agreements may bolster investor confidence and ease market volatility.
-
#BTCBackto100K
Fed Interest Rate Decision Spurs Bitcoin Price Swings
The anticipation surrounding the U.S. Federal Reserve’s upcoming interest rate decision and subsequent press conference has captivated market attention. Investors eagerly focus on deciphering signals from Jerome Powell’s remarks to forecast future economic policies. Bitcoin’s daily volatility, calculated at approximately 2.56%, results in potential price fluctuations of around $2,470 in either direction at the $96,500 mark. Similar volatility calculations for other cryptocurrencies indicate a potentially volatile market in the next 24 hours.
-
Data gathered from TradingView and Volmex exposes the volatility profiles of cryptocurrency prices. By taking the square root of annualized daily volatility, the daily movement range is determined. Bitcoin’s annual volatility, measured at 49%, equates to a daily price fluctuation of approximately 2.56%. Under current conditions of Bitcoin trading around $96,500, a $2,470 price movement in either direction is anticipated within 24 hours.
-
Ethereum ‘s annual average daily volatility is noted at 66%, offering the possibility of a daily price change of about 3.45%. For the Solana token, calculations suggest a daily fluctuation close to 4.3%. As the XRP volatility index has not been shared by Volmex, forward-looking volatility is estimated at 77.98% using Deribit’s options data, predicting a roughly 4.08% volatility in XRP.
-
The U.S. Federal Reserve is scheduled to announce its interest rate decision on May 7, 2025, at 21:00 (18:00 UTC). The press conference with Chairman Jerome Powell, scheduled for half an hour later, could clarify investors’ expectations regarding political tendencies. Nuances in the decision statement concerning economic outlook and trade war impacts may trigger sharp price swings in the cryptocurrency market. Investors are meticulously scanning for any “dovish” or “hawkish” language in the statement.
-
Market participants emphasize that while rising volatility offers quick profit opportunities, it also amplifies stop-loss risks. Experts highlight the importance of taking accurate positions during this period, recommending a focus on portfolio diversification and risk management strategies. Developing strategies suitable for volatility can unlock both risk and opportunity doors in the short term.
-
#BTCPrediction
-
Data gathered from TradingView and Volmex exposes the volatility profiles of cryptocurrency prices. By taking the square root of annualized daily volatility, the daily movement range is determined. Bitcoin’s annual volatility, measured at 49%, equates to a daily price fluctuation of approximately 2.56%. Under current conditions of Bitcoin trading around $96,500, a $2,470 price movement in either direction is anticipated within 24 hours.
-
Ethereum ‘s annual average daily volatility is noted at 66%, offering the possibility of a daily price change of about 3.45%. For the Solana token, calculations suggest a daily fluctuation close to 4.3%. As the XRP volatility index has not been shared by Volmex, forward-looking volatility is estimated at 77.98% using Deribit’s options data, predicting a roughly 4.08% volatility in XRP.
-
The U.S. Federal Reserve is scheduled to announce its interest rate decision on May 7, 2025, at 21:00 (18:00 UTC). The press conference with Chairman Jerome Powell, scheduled for half an hour later, could clarify investors’ expectations regarding political tendencies. Nuances in the decision statement concerning economic outlook and trade war impacts may trigger sharp price swings in the cryptocurrency market. Investors are meticulously scanning for any “dovish” or “hawkish” language in the statement.
-
Market participants emphasize that while rising volatility offers quick profit opportunities, it also amplifies stop-loss risks. Experts highlight the importance of taking accurate positions during this period, recommending a focus on portfolio diversification and risk management strategies. Developing strategies suitable for volatility can unlock both risk and opportunity doors in the short term.
-
#BTCPrediction
Tether’s upcoming AI platform set to integrate Bitcoin and USDT payments
-
Tether’s upcoming AI platform will support crypto payments, including Bitcoin and its own stablecoin, USDT, according to the company’s CEO Paolo Ardoino.
-
In his recent post on X, Tether’s CEO Paolo Ardoino shared a fresh update on the upcoming Tether AI platform, announcing that users will be able to transact using Bitcoin (BTC) and Tether (USDT) through the platform’s peer-to-peer network.
-
Crypto payments on Tether AI will be enabled through the company’s wallet development kit — a toolkit that allows developers to create mobile, desktop, and web wallets where users can hold USDT and BTC without relying on third-party custody.
-
The Tether AI platform was previously teased in December last year, when Ardoino revealed that a draft of the Tether AI website had been completed, with the launch targeted for the end of the first quarter of 2025.
-
“Tether AI has one key goal: to be the ideal technological foundation to achieve the vision of AI described in Asimov’s science fiction books. AI will, in the coming decades, become part of the very fabric of the universe. Our technology will be open source, transparent, scalable and able to adapt and evolve on any device regardless of hardware,”..
-
The move reflects Tether’s growing push into AI and follows earlier announcement that the company is developing a suite of AI apps, including AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant.
-
Apart from its AI efforts, Tether is currently preparing to launch a U.S.-based dollar-pegged stablecoin, which could roll out by the end of this year or earlier, according to Ardoino. Speaking at the Token2049 conference in Dubai, Ardoino said that the upcoming domestic stablecoin would be separate from the company’s existing international products, including USDT.
#USStablecoinBill
-
Tether’s upcoming AI platform will support crypto payments, including Bitcoin and its own stablecoin, USDT, according to the company’s CEO Paolo Ardoino.
-
In his recent post on X, Tether’s CEO Paolo Ardoino shared a fresh update on the upcoming Tether AI platform, announcing that users will be able to transact using Bitcoin (BTC) and Tether (USDT) through the platform’s peer-to-peer network.
-
Crypto payments on Tether AI will be enabled through the company’s wallet development kit — a toolkit that allows developers to create mobile, desktop, and web wallets where users can hold USDT and BTC without relying on third-party custody.
-
The Tether AI platform was previously teased in December last year, when Ardoino revealed that a draft of the Tether AI website had been completed, with the launch targeted for the end of the first quarter of 2025.
-
“Tether AI has one key goal: to be the ideal technological foundation to achieve the vision of AI described in Asimov’s science fiction books. AI will, in the coming decades, become part of the very fabric of the universe. Our technology will be open source, transparent, scalable and able to adapt and evolve on any device regardless of hardware,”..
-
The move reflects Tether’s growing push into AI and follows earlier announcement that the company is developing a suite of AI apps, including AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant.
-
Apart from its AI efforts, Tether is currently preparing to launch a U.S.-based dollar-pegged stablecoin, which could roll out by the end of this year or earlier, according to Ardoino. Speaking at the Token2049 conference in Dubai, Ardoino said that the upcoming domestic stablecoin would be separate from the company’s existing international products, including USDT.
#USStablecoinBill
U.S. Targets Cambodian Firm Over $4B Crypto Laundering Tied to North Korea
-
The Financial Crimes Enforcement Network (FinCEN), an arm of the U.S. Treasury, has moved to restrict Huione Group from accessing the American financial system, citing its alleged role in processing billions in illicit funds.
-
Investigators believe Huione played a key role in moving over $4 billion in illegal proceeds between 2021 and 2025, including digital assets connected to North Korea’s Lazarus Group—a hacking syndicate previously tied to high-profile cyberattacks. Of that sum, around $37 million involved cryptocurrency directly traced back to North Korean operations.
-
Huione’s platform reportedly functions as a digital hub offering both traditional and crypto-based financial services, along with a marketplace that caters to online fraud networks. The firm has even launched its own stablecoin, which authorities suspect is being used to help obscure the flow of criminal funds.
-
If the U.S. formally designates Huione as a threat to the financial system, the company would lose access to U.S. correspondent banking relationships, limiting its ability to conduct international transactions. Cambodian authorities have already taken action: the National Bank of Cambodia revoked the company’s license in March, citing violations of domestic rules banning digital asset activity by payment processors.
-
The case underscores growing concerns among global regulators about the role of loosely regulated platforms in enabling cyber-enabled financial crime—especially those tied to hostile nation-states.
-
#StrategicBTCReserve
$BTC
-
The Financial Crimes Enforcement Network (FinCEN), an arm of the U.S. Treasury, has moved to restrict Huione Group from accessing the American financial system, citing its alleged role in processing billions in illicit funds.
-
Investigators believe Huione played a key role in moving over $4 billion in illegal proceeds between 2021 and 2025, including digital assets connected to North Korea’s Lazarus Group—a hacking syndicate previously tied to high-profile cyberattacks. Of that sum, around $37 million involved cryptocurrency directly traced back to North Korean operations.
-
Huione’s platform reportedly functions as a digital hub offering both traditional and crypto-based financial services, along with a marketplace that caters to online fraud networks. The firm has even launched its own stablecoin, which authorities suspect is being used to help obscure the flow of criminal funds.
-
If the U.S. formally designates Huione as a threat to the financial system, the company would lose access to U.S. correspondent banking relationships, limiting its ability to conduct international transactions. Cambodian authorities have already taken action: the National Bank of Cambodia revoked the company’s license in March, citing violations of domestic rules banning digital asset activity by payment processors.
-
The case underscores growing concerns among global regulators about the role of loosely regulated platforms in enabling cyber-enabled financial crime—especially those tied to hostile nation-states.
-
#StrategicBTCReserve
$BTC
Bitcoin Records An All-time High In Realized Market Capitalization
-
Bitcoin’s Realized Capitalization recently reached a record level of $882.2 billion, beating its previous All Time High. But what does this indicator really mean? Unlike market capitalization, which is based on the current BTC price multiplied by the total supply, Realized Capitalization takes into account the value of each bitcoin based on the price at which it was last moved. It therefore better reflects the actual investment in the asset.
-
The fact that this metric is hitting highs is proof of investors’ confidence in bitcoin. According to CryptoQuant, the analytics platform that noted this ATH, such a historic accumulation of Realized Cap has historically been followed by a bullish rally.
-
In other words, if investors continue to accumulate without selling, a bitcoin price takeoff could be imminent. It is interesting to note that this data does not account for bitcoins lost or left aside for years, which reinforces the validity of this accumulation.
-
It is clear that bitcoin, though in a stagnation phase, remains in a positive dynamic. Its price fluctuates between 92,000 and 95,000 dollars, but this stability could be the key to its future rise. Far from being a sign of weakness, these sideways movements are often a prelude to a new bullish surge.
-
Indeed, bitcoin’s history shows that after every consolidation phase, the price has often experienced a sharp increase. This accumulation during calm periods is thus seen as a waiting moment before a price explosion.
Investment volumes and Realized Capitalization continue to grow, which could very well signal the preparation of a new bullish wave.
-
#AltcoinETFsPostponed
-
Bitcoin’s Realized Capitalization recently reached a record level of $882.2 billion, beating its previous All Time High. But what does this indicator really mean? Unlike market capitalization, which is based on the current BTC price multiplied by the total supply, Realized Capitalization takes into account the value of each bitcoin based on the price at which it was last moved. It therefore better reflects the actual investment in the asset.
-
The fact that this metric is hitting highs is proof of investors’ confidence in bitcoin. According to CryptoQuant, the analytics platform that noted this ATH, such a historic accumulation of Realized Cap has historically been followed by a bullish rally.
-
In other words, if investors continue to accumulate without selling, a bitcoin price takeoff could be imminent. It is interesting to note that this data does not account for bitcoins lost or left aside for years, which reinforces the validity of this accumulation.
-
It is clear that bitcoin, though in a stagnation phase, remains in a positive dynamic. Its price fluctuates between 92,000 and 95,000 dollars, but this stability could be the key to its future rise. Far from being a sign of weakness, these sideways movements are often a prelude to a new bullish surge.
-
Indeed, bitcoin’s history shows that after every consolidation phase, the price has often experienced a sharp increase. This accumulation during calm periods is thus seen as a waiting moment before a price explosion.
Investment volumes and Realized Capitalization continue to grow, which could very well signal the preparation of a new bullish wave.
-
#AltcoinETFsPostponed
Italy Sounds Alarm on Crypto’s Growing Connection to Traditional Finance
In its latest financial stability report, the Bank of Italy expressed concern about the mounting influence of digital assets—particularly those with high volatility like Bitcoin—and their growing entanglement with conventional financial systems.
The report suggests that as crypto becomes more integrated with mainstream finance, the chances of broader market instability increase. The concern is especially pronounced following recent policy signals from Washington. Since President Trump’s return to office, the U.S. has moved quickly to craft a regulatory framework for the sector, including efforts to establish rules for stablecoins tied to the dollar.
Rome’s warning comes amid a sharp rise in crypto asset prices, a trend attributed in part to America’s friendlier stance toward the industry. While stablecoins have generally held their value, the broader crypto space remains unpredictable and prone to rapid swings.
Officials from the European Central Bank share the anxiety. Top figures from France and Finland have both cautioned against the normalization of crypto assets, with Finland’s Olli Rehn stating plainly that he views the U.S. direction as a cause for concern.
Italy’s central bank also highlighted a more specific risk tied to stablecoins: many of them rely on short-term U.S. government bonds to maintain their peg. A failure by a major issuer could spark a liquidation of those assets, potentially shaking the Treasury market and creating ripple effects across the global financial system.
#BTCRebound
$BTC
In its latest financial stability report, the Bank of Italy expressed concern about the mounting influence of digital assets—particularly those with high volatility like Bitcoin—and their growing entanglement with conventional financial systems.
The report suggests that as crypto becomes more integrated with mainstream finance, the chances of broader market instability increase. The concern is especially pronounced following recent policy signals from Washington. Since President Trump’s return to office, the U.S. has moved quickly to craft a regulatory framework for the sector, including efforts to establish rules for stablecoins tied to the dollar.
Rome’s warning comes amid a sharp rise in crypto asset prices, a trend attributed in part to America’s friendlier stance toward the industry. While stablecoins have generally held their value, the broader crypto space remains unpredictable and prone to rapid swings.
Officials from the European Central Bank share the anxiety. Top figures from France and Finland have both cautioned against the normalization of crypto assets, with Finland’s Olli Rehn stating plainly that he views the U.S. direction as a cause for concern.
Italy’s central bank also highlighted a more specific risk tied to stablecoins: many of them rely on short-term U.S. government bonds to maintain their peg. A failure by a major issuer could spark a liquidation of those assets, potentially shaking the Treasury market and creating ripple effects across the global financial system.
#BTCRebound
$BTC
Massive $330 Million Bitcoin Heist Sparks Monero Price Surge
-
In a major cryptocurrency security breach reported about 11 hours ago, hackers successfully compromised a Bitcoin wallet, stealing approximately 3,520 BTC-valued at around $330.7 million. The stolen funds were swiftly funneled through over six instant cryptocurrency exchanges and converted into Monero (XMR), a privacy-focused coin known for its untraceable transactions. This rapid laundering operation caused Monero’s price to surge by roughly 50% within a very short span, catching the market by surprise.
-
Blockchain investigator ZachXBT highlighted that the stolen Bitcoin was fragmented and moved quickly to obscure its origin, utilizing exchanges with active Monero markets such as KuCoin and Kraken. The attacker paid unusually high transaction fees to further conceal the trail. The sudden influx of large BTC amounts into Monero’s limited liquidity pools triggered a sharp price rally, pushing XMR to spike above $300 before liquidity constraints caused a partial reversal.
-
This incident underscores the growing use of Monero in laundering large-scale crypto thefts due to its strong privacy features, which complicate tracking efforts by authorities and analysts. While some speculate that independent hackers carried out this theft, the operation’s sophistication and laundering tactics highlight ongoing challenges in regulating privacy coins and securing high-value crypto assets.
-
Market observers are now closely monitoring XMR trading volumes and derivative positions, which have seen significant volatility following the event. The episode also reignites debates about balancing privacy and regulatory compliance in the cryptocurrency ecosystem.
-
$BTC
-
In a major cryptocurrency security breach reported about 11 hours ago, hackers successfully compromised a Bitcoin wallet, stealing approximately 3,520 BTC-valued at around $330.7 million. The stolen funds were swiftly funneled through over six instant cryptocurrency exchanges and converted into Monero (XMR), a privacy-focused coin known for its untraceable transactions. This rapid laundering operation caused Monero’s price to surge by roughly 50% within a very short span, catching the market by surprise.
-
Blockchain investigator ZachXBT highlighted that the stolen Bitcoin was fragmented and moved quickly to obscure its origin, utilizing exchanges with active Monero markets such as KuCoin and Kraken. The attacker paid unusually high transaction fees to further conceal the trail. The sudden influx of large BTC amounts into Monero’s limited liquidity pools triggered a sharp price rally, pushing XMR to spike above $300 before liquidity constraints caused a partial reversal.
-
This incident underscores the growing use of Monero in laundering large-scale crypto thefts due to its strong privacy features, which complicate tracking efforts by authorities and analysts. While some speculate that independent hackers carried out this theft, the operation’s sophistication and laundering tactics highlight ongoing challenges in regulating privacy coins and securing high-value crypto assets.
-
Market observers are now closely monitoring XMR trading volumes and derivative positions, which have seen significant volatility following the event. The episode also reignites debates about balancing privacy and regulatory compliance in the cryptocurrency ecosystem.
-
$BTC
BlackRock Buys $294M of Bitcoin, Ethereum
-
BlackRock, Inc., the world's largest asset manager, has acquired $240 million in Bitcoin and $54 million in Ethereum, as confirmed on April 24, 2025.
-
BlackRock's purchase signals increased institutional interest in digital assets, leading to immediate market effects with Ethereum's price rising by 5.2%.
BlackRock's expansion into digital currencies began with regulatory filings for ETFs and ETPs in 2023. CEO Larry Fink shifted from skepticism, describing Bitcoin as "digital gold" and Ethereum as a "platform for tokenized finance."
Following BlackRock's announcement, Ethereum's price surged 5.2%, reaching $3,850. The trading volume soared by 120% in one hour. Institutional appetite remains strong, evidenced by inflows to BlackRock's ETFs.
-
BlackRock's growing crypto portfolio reflects broader acceptance of digital assets, highlighting Ethereum's role in DeFi and suggesting sustainable growth in its ecosystem. Regulatory clarity furthers institutional participation.
$ETH
-
BlackRock, Inc., the world's largest asset manager, has acquired $240 million in Bitcoin and $54 million in Ethereum, as confirmed on April 24, 2025.
-
BlackRock's purchase signals increased institutional interest in digital assets, leading to immediate market effects with Ethereum's price rising by 5.2%.
BlackRock's expansion into digital currencies began with regulatory filings for ETFs and ETPs in 2023. CEO Larry Fink shifted from skepticism, describing Bitcoin as "digital gold" and Ethereum as a "platform for tokenized finance."
Following BlackRock's announcement, Ethereum's price surged 5.2%, reaching $3,850. The trading volume soared by 120% in one hour. Institutional appetite remains strong, evidenced by inflows to BlackRock's ETFs.
-
BlackRock's growing crypto portfolio reflects broader acceptance of digital assets, highlighting Ethereum's role in DeFi and suggesting sustainable growth in its ecosystem. Regulatory clarity furthers institutional participation.
$ETH
Login to explore more contents