KGroup update

🚨Money Moves Market⚠️

🗞 Catch up on the news over the last 24 hours!

🇺🇸 TRUMP: "We're leading China in crypto."

🇺🇸 TRUMP: "I'm a big crypto fan."

🔥Ethereum Foundation launches “Trillion Dollar Security” to make wallets, smart contracts & UX safer, paving the way for trillions in onchain assets.

🚨 JPMorgan settles its first transaction on a public blockchain using Chainlink and Ondo to move tokenized treasuries beyond its private network.

🔥 $1T UBS Asia client funds are shifting from USD to gold, Bitcoin and crypto amid US-China tensions.

🇺🇸 CFTC’s Summer Mersinger resigns to lead crypto lobbying group Blockchain Association as CEO starting June 2.

🇺🇸 Speaker Mike Johnson supports a ban on Congress members trading stocks.

🔥 Coinbase CEO declares that “crypto is here to stay, it’s going to be a part of everybody’s 401k.”

🔥 100,000 $BTC has been moved off exchanges in the past 3 weeks.

🇺🇸 DOJ indicts Sinaloa cartel leaders as blockchain firms trace millions in crypto tied to global fentanyl trafficking and laundering.

🔥 Bitwise CIO says Bitcoin is king, but history shows crypto diversification can outperform.

🇦🇪 Ripple held talks with UAE officials to explore digital payment infrastructure and boost financial innovation.

🇺🇸 A Trump memecoin trader says he and four friends secured dinner with President Trump for around $1,200 each after using a custom script to track the leaderboard of top holders.

⚡️Twitter co-founder and Block CEO Jack Dorsey says, “small businesses can be their own bank” with #Bitcoin.

🗞 Catch up on the news over the last 24 hours!

🚨 The SEC delays the decision to allow in-kind redemptions for BlackRock's #Bitcoin ETF, seeking public feedback on the proposal.

🔥Tether bought 4,812 #Bitcoin worth $459M for Twenty One Capital.

🇨🇦 Coinbase invests in Canadian stablecoin issuer Stablecorp to expand access to tokenized Canadian dollars.

⚡️ SAYLOR: “It’s time to end the war on crypto.”

🚨 eToro prices its Nasdaq IPO debut at $52 per share to raise $620M.

🇫🇷 French crypto exchange CEO’s daughter fights off brazen kidnappers in Paris.

🇰🇷 All major South Korean presidential candidates back spot Bitcoin ETFs & institutional crypto investment, says Ki Young Ju.

🇬🇧 London Stock Exchange-listed Vinanz secures $2M from global investor to expand Bitcoin assets, with plans for future dual listing on Nasdaq.

BITCOIN prediction ✅

In the short term (May 2025), analysts anticipate Bitcoin could reach $108,000-$110,000, assuming it stays above the $100,000 support level. A potential pullback to $95,000-$97,000 is possible if this support fails.

Long-term, some forecasts predict Bitcoin could reach $120,000 in Q2 2025, with more optimistic projections suggesting $125,000-$150,000, driven by institutional investment and favorable macroeconomic conditions.
Short-Term Outlook (May 2025):
Price Targets:

Analysts predict Bitcoin could reach $108,000-$110,000 by the end of May, provided it maintains its position above the $100,000 support level.
Pullback Risk:
If the $100,000 support fails, a potential pullback to the $95,000-$97,000 range may occur.
Technical Indicators:

Technical indicators like the 50-day and 200-day moving averages suggest a bullish trend, but the Relative Strength Index (RSI) above 70 indicates potential overbought conditions in the short term.
Mid-Term Projections (Q2 2025):

$120,000 Target:
Some forecasts predict Bitcoin could reach $120,000 in the second quarter of 2025, driven by institutional investment and favorable macroeconomic conditions.
Optimistic Projections:

More optimistic projections suggest a potential rise to $125,000 or even $150,000, assuming continued positive momentum and geopolitical stability.
Key Factors to Monitor:

U.S. Inflation Data: Upcoming Consumer Price Index (CPI) reports could influence Bitcoin's price, as higher inflation may drive investors toward alternative assets.

Geopolitical Developments: Progress in U.S.-China trade negotiations and de-escalation in global conflicts could bolster market confidence and support Bitcoin's upward trajectory.

Institutional Investment: Inflows from institutional investors are crucial for Bitcoin's growth.

🔥 LATEST: Tether bought 4,812 #Bitcoin worth $459M for Twenty One Capital.

Tether has made a significant move in the cryptocurrency market by purchasing 4,812.2 Bitcoin (BTC) for approximately $458.7 million on behalf of Twenty One Capital, a Bitcoin investment firm it supports. This acquisition, executed at an average price of $95,319 per BTC, was disclosed in a May 13 filing with the U.S. Securities and Exchange Commission. Twenty One Capital is a collaborative venture involving Tether, Bitfinex, SoftBank, and Cantor Fitzgerald. The firm is currently undergoing a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners, after which it plans to trade on the Nasdaq under the ticker symbol "XXI". With this recent purchase, Twenty One Capital's total Bitcoin holdings have reached 36,312 BTC, positioning it as the third-largest corporate Bitcoin holder, following MicroStrategy and Marathon Digital Holding. The firm aims to launch with a substantial treasury of over 42,000 BTC, valued at approximately $4.4 billion. This includes contributions of 23,950 BTC from Tether, 10,500 BTC from SoftBank, and about 7,000 BTC from Bitfinex. Under the leadership of CEO Jack Mallers, who also heads the Bitcoin payments firm Strike, Twenty One Capital intends to offer Bitcoin lending services and other financial products. This strategic move by Tether and its partners underscores the growing trend of institutional investment in Bitcoin, reflecting a broader shift towards cryptocurrency adoption in the financial sector.

⚡️ SAYLOR: “It’s time to end the war on crypto.”

Michael Saylor, executive chairman of MicroStrategy and a prominent Bitcoin advocate, often speaks out in defense of cryptocurrency, particularly Bitcoin. If he said, "It's time to end the war on crypto," he's likely addressing ongoing regulatory pressures or hostility from governments or financial institutions, especially in the U.S. This statement underscores a common sentiment in the crypto community: that innovation and economic freedom are being stifled by unclear or overly aggressive regulation. Saylor likely advocates for a regulatory environment that supports innovation while protecting investors, rather than one that seeks to suppress or criminalize the industry.

🚨 LATEST: eToro prices its Nasdaq IPO debut at $52 per share to raise $620M.

eToro, the Israel-based trading platform, has successfully priced its upsized U.S. initial public offering (IPO) at $52 per share, raising approximately $620 million. This pricing exceeds the initially marketed range of $46 to $50 per share, reflecting strong investor demand. The company and its shareholders sold a total of 11.92 million shares, with trading set to commence today, May 14, 2025, on the Nasdaq Global Select Market under the ticker symbol "ETOR".The IPO values eToro at around $4.3 billion based on outstanding shares, and nearly $5 billion on a fully diluted basis, which includes employee stock options and restricted share units. This marks a significant rebound for eToro, which had previously attempted to go public via a $10.4 billion SPAC merger that was canceled in 2022 In 2024, eToro reported a net income of $192 million, a substantial increase from $15.3 million in the previous year, with net contributions rising to $787 million from $557 million . The IPO was led by major investment banks, including Goldman Sachs, Jefferies, UBS, and Citigroup. This successful IPO positions eToro as a significant player in the fintech sector, indicating renewed investor confidence in public offerings, particularly for companies operating at the intersection of traditional and digital asset trading.

🇬🇧 NEW: Daughter of French crypto exchange CEO fights off brazen kidnappers in Paris.
Three masked men attempted to force her and her son into a van in broad daylight, but she resisted and disarmed one attacker.

On May 13, 2025, in Paris's 11th arrondissement, the daughter of a French cryptocurrency CEO and her two-year-old child were targeted in a brazen kidnapping attempt. Three masked assailants, armed with knives, tried to force the woman and her child into a white van. Her partner intervened, sustaining injuries in the process. The woman managed to disarm one attacker by grabbing his firearm and throwing it away. The commotion attracted passers-by, prompting the attackers to flee. The van was later found abandoned nearby. The family suffered minor injuries and received hospital treatment. Authorities are investigating the incident, which is part of a concerning trend of attacks targeting individuals in the cryptocurrency sector.

🇰🇷 BULLISH: All major South Korean presidential candidates back spot Bitcoin ETFs & institutional crypto investment, says Ki Young Ju.

Yes, the outlook for cryptocurrency in South Korea appears increasingly bullish. Leading presidential candidates, including conservative Kim Moon-soo, have expressed strong support for cryptocurrency initiatives. Kim advocates for a fair and transparent cryptocurrency market, including the establishment of crypto-linked funds, and proposes inheritance tax reforms to facilitate wealth transfer. He also supports economic deregulation and significant investment in the artificial intelligence sector, indicating a progressive stance on digital assets. REUTERS This bipartisan enthusiasm for cryptocurrency suggests that, regardless of the election outcome, South Korea may soon implement more crypto-friendly regulations. Such developments could position the country as a leader in digital finance in Asia. Currently, Bitcoin (BTC) is trading at approximately $103,893, reflecting a modest increase of 0.34% today. The market's positive response may be influenced by the pro-crypto sentiments expressed by South Korean presidential candidates.

🇬🇧 JUST IN: London Stock Exchange-listed Vinanz secures $2M from global investor to expand Bitcoin assets, with plans for future dual listing on Nasdaq.

Vinanz Limited, a Bitcoin mining company listed on the London Stock Exchange (AQSE: BTC), has secured a $2 million investment from a global institutional investor as part of a $4 million bridge funding agreement. This capital infusion is intended to bolster Vinanz's Bitcoin holdings ahead of a potential dual listing on the Nasdaq. INVESTEGATE.CO.UK Under the terms of the agreement, Vinanz has received the first $2 million tranche and may access an additional $2 million, contingent upon meeting specific conditions. The funds are structured as convertible debt with a 5% annual interest rate, repayable within 12 months of each drawdown. INVESTEGATE.CO.UK Chairman David Lenigas emphasized the strategic timing of this funding, stating that it enables Vinanz to expand its Bitcoin assets promptly, aligning with the company's growth objectives and the increasing recognition of Bitcoin as a global financial instrument. INVESTEGATE.CO.UK This development follows Vinanz's expansion into U.S. Bitcoin mining operations, including a move into Nebraska in mid-2024. The company is also exploring a Nasdaq dual listing to enhance its presence in the U.S. market. WEEKLY.SHARE-TALK.COM INVESTEGATE.CO.UK As of May 14, 2025, Bitcoin is trading at approximately $103,835.

🇺🇲 Donald Trump’s statement, “We’re leading China in crypto,” suggests he believes the United States is ahead of China in the cryptocurrency space. This could refer to areas like:

Innovation: The U.S. has a large number of crypto startups, developers, and blockchain projects.

Adoption: Crypto is more openly traded and used in the U.S., with major exchanges like Coinbase based there.

Regulatory clarity: While not perfect, the U.S. allows more open crypto trading compared to China, which has banned crypto trading and mining to varying degrees.

However, China has been strong in blockchain development (especially state-backed projects) and launched its own central bank digital currency (CBDC), the digital yuan, far ahead of the U.S.

So while the U.S. may lead in decentralized crypto activity and private innovation, China has advanced significantly in centralized digital currency efforts. Trump's statement likely emphasizes the former.