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Summary of the news: ⢠Bitcoin shows a recovery after the fall caused by political announcements in the US. ⢠The University of Austin invests $5M in Bitcoin with a long-term strategy. ⢠XRP loses 37% in open interest in futures, which could indicate a decrease in interest from investors. ⢠US states are considering bills to accumulate Bitcoin in their reserves.
Conclusion for Twitter:
š¢ The crypto market continues to move! š š Bitcoin recovers and continues to gain institutional adoption. š University of Austin bets $5M on BTC in the long term. š XRP suffers a drop in open interest in futures. š Governments begin to accumulate Bitcoin.
The recent announcement by President #TRUMP on the imposition of tariffs on imports from Mexico, Canada and #China , with the possibility of including the European Union, has caused a significant drop in global markets and in the cryptocurrency market. Bitcoin fell by 15%, reaching $92,500, while other #Criptomonedas such as Ethereum and $XRP also experienced drops of up to 20% and 18% respectively. The markets reacted negatively due to fears of a trade war and rising inflation. Despite the volatility, some analysts believe that #Bitcoin $BTC will resume its upward trend once the initial shock is absorbed and the markets stabilize.
šØ Former Malaysian Prime Minister's account hacked to promote fraudulent crypto šØ
Mahathir Mohamadās profile was compromised to announce the āMALAYSIAā memecoin as the āofficial crypto of the countryā. Within a few hours, it reached $3.4M in market cap⦠and disappeared in a classic ārug pullā. On the same day, @JupiterExchange's Solana account was also hacked to promote another scam. ā ļø Be careful! If you see celebrities promoting cryptocurrencies, do your research before investing. Scams are at an all-time high. #cryptouniverseofficial #estafa #Rugpull #MEME #noticias
For those who said not to open long⦠I leave here today's profitability š¤š» $TRUMP This is not a buy recommendation DYOR do your own research before following recommendationsā¼ļø
We opened Long at $TRUMP Leverage: X6 Price: 38.22 usd SL: 32 This is not an investment recommendation, keep your own personal analysis and do not try to imitate my operationsā¤ļø
Trump is open to including Solana, XRP, and USDC in the strategic reserve of the US
If a government, especially that of the United States, decided to include cryptocurrencies like #bitcoin #Solana ($SOL ), $XRP and $USDC in its strategic reserve, this could have significant implications at the economic, financial, and technological levels: Positive Impacts 1. Boost to the Adoption of #Criptomonedas : Such a measure would legitimize these cryptocurrencies, encouraging their adoption by both governments and businesses as well as citizens. This could increase their value and strengthen market confidence in digital assets.
In May 2010, a programmer named Laszlo Hanyecz made history by completing the first known Bitcoin transaction for a physical good. At that time, Bitcoin was virtually unknown and worth cents.
Laszlo posted a peculiar offer on a Bitcoin forum: he was willing to pay 10,000 $BTC BTC (yes, ten thousand bitcoins) to anyone who would send him two large pizzas. A user accepted the offer, ordered two pizzas from Papa Johnās for about $25, and sent them to Laszlo, who fulfilled the payment of 10,000 BTC.
At that moment, no one imagined that those bitcoins would someday reach astronomical values. As of today, 10,000 BTC would be worth millions of dollars. Thatās why this event is known as Bitcoin Pizza Day, celebrated every May 22nd by the crypto community as a reminder of Bitcoin's humble beginnings.
Who is Evan Cheng and why is he important for Sui? Evan Cheng is a renowned expert in blockchain technology with extensive experience in the industry. Before co-founding Mysten Labs (the company behind Sui), he served as the Chief Technology Officer at Meta (formerly Facebook) and led the research and development team for Novi, one of the company's cryptocurrency initiatives. His expertise and vision have been fundamental to the development of Sui. Cheng and his team at Mysten Labs set out to create a blockchain that is faster, more scalable, and more secure than existing ones, and Sui is the result of that effort.