Adnan marketzone

#CircleIPO Banned by Telegram in May, the Huione and Xinbi Market channels have resurfaced under new names, TRM Labs said in a recent update.
Despite Telegram’s May 13 ban on the notorious Huione Guarantee and Xinbi Guarantee crypto marketplaces, both appear to have reemerged — according to blockchain intelligence firm TRM Labs — following a familiar cybercrime pattern where shuttered platforms resurface under new names, new channels, or slightly altered forms.
In a May 29 blog post, TRM Labs revealed that despite Telegram’s ban on Huione Guarantee’s public-facing vendor channels, Huione Group is “still operating channels for its ‘VIP’ vendors on the platform.” More than that, the Cambodia-based company has also relaunched its crypto exchange, which continues to process payments using its own USDH stablecoin.
TRM Labs also said it found indications that Xinbi Guarantee, banned the same day, had resumed activity on Telegram “within days.” Some vendors linked to Huione Guarantee and its wallet service, Huione Pay, were also active on Xinbi Guarantee, raising the possibility of shared infrastructure or close coordination between the two, the analysts note.
These findings come despite recent enforcement steps. Just two weeks before the bans, the U.S. Financial Crimes Enforcement Network designated Huione Group as a “primary money laundering concern.” And on May 29, the Treasury’s Office of Foreign Assets Control sanctioned Funnull Technology, a Philippines-based cyber scam operator reportedly linked to Huione’s services.
$But enforcement efforts haven’t fully pushed these networks completely underground as Telegram still functions as the main gateway for many such operations. And when bans do occur, operators often adapt quickly: new aliases, new channels, same methods.
The rise of guarantee marketplaces
To understand the current landscape, it helps to know what guarantee marketplaces are, and why they matter.
Unlike traditional darknet markets, platforms like Huione Guarantee and Xinbi Guarantee don’t operate on Tor or in obscure corners of the internet. They function openly on Telegram and don’t directly sell illicit goods. Instead, they facilitate transactions between buyers and vendors, mostly across Southeast Asia and China.
The concept is straightforward: create a trusted environment for high-risk or illegal deals. Huione Guarantee served as a kind of escrow service. Vendors offered services ranging from SIM cards and fake IDs to surveillance equipment and fake investment platforms. Buyers browsed listings and paid in stablecoins like Tether usdt-0.01%Tether.
You might also like:Telegram shared data from 2,253 users with US officials in 2024
To maintain “trust,” vendors were required to post a security deposit that could be forfeited in the event of fraud. Automated bots managed logistics, and all payments flowed through crypto, preserving user anonymity.
As another blockchain firm Elliptic put it, the marketplace administrator “controls access and operates anti-fraud mechanisms such as merchant deposits (‘guarantees’) and escrow services.” The result, in effect, was a vast digital bazaar for cybercrime, running on stablecoins and encrypted chat apps.
Huge money, bigger risks
These weren’t marginal operations. TRM Labs said Huione facilitated at least $81 billion in crypto transactions since 2021.
That’s more than the infamous Hydra darknet market before it was shut down in 2022. Xinbi, by comparison, was tied to over $8.4 billion in USDT transactions since 2022. Combined, their volumes appear to surpass every other known illicit marketplace to date, including Silk .
Telegram did take action. On May 13, the company removed several related channels and banned associated usernames, limiting vendors’ ability to direct users to replacement groups. Still, Huione’s team had contingencies in place.
“The marketplace was ready — using backups to recreate the marketplace in new channels,” Elliptic noted. One major Huione group dropped from over 800,000 members to around 250,000, but continued operating.
Xinbi’s operators seemed even more brazen, announcing a relaunch under the name “Xinbi 2.0.” Some users reportedly expressed concern about a possible “exit scam.”
While financial fraud and identity theft dominated activity on these platforms, some listings were more disturbing. TRM Labs and Elliptic identified vendors offering electric shock devices, metal restraints, and even women marketed as surrogates. Captions — apparently machine-translated — suggest some of these items were intended for use in scam compounds.
The marketplaces were built to serve professionalized scam networks. Users didn’t need to run an entire operation just purchase what they needed. SIM cards, malicious scripts, money laundering contacts, everything was on offer.
With Telegram offering access to over a billion users and crypto enabling anonymity, the environment proved ideal, at least until it drew too much attention.
Persistence over platform
The apparent resurgence of these markets underscores how adaptable such networks can be. After Telegram’s enforcement action, some Huione-affiliated vendors migrated to Tudou Guarantee, a platform reportedly backed by Huione last year. According to TRM Labs, Tudou’s user count jumped by nearly 30% in the aftermath.
More moves could follow. TRM Labs noted that Huione Group and Xinbi-related operators are exploring alternatives to Telegram, such as ChatMe and SafeW, proprietary messaging platforms modeled on Telegram but free from third-party moderation. In effect, the ecosystem remains intact even if the surface names change.
Read more:Southeast Asia’s criminal syndicates launch custom infra, stablecoins for global fraud, UN warns
$BTC
$BNB
$SOL
#BinanceHODLerPLUME

#CryptoCharts101 The final part of "The Crypto Endgame: The $50 Billion Transaction That Changed Everything" delves into a pivotal event that shook the cryptocurrency world on December 31, 2025. At precisely 23:59 UTC, a mysterious $50 billion transaction appeared on the Ethereum blockchain. This transaction was unlike any other—it was sent from a wallet that had never existed before, included an infinite gas fee exceeding the total supply of Ethereum, and was confirmed by a validator with an unknown ID. Etherscan displayed two conflicting versions of reality: one where the transaction existed and another where it did not. The Ethereum Foundation issued a cryptic statement: "This transaction should not exist.
Upon investigation, a dormant smart contract buried deep within Ethereum's code was discovered. This self-executing contract, inactive since 2016, had triggered under unknown conditions, initiating the unprecedented transaction. The creator of this contract remains unidentified, leading to speculation about whether Ethereum had been pre-programmed for such an event .
The incident prompted widespread panic across the crypto community. Validators halted operations, exchanges paused withdrawals, and developers scrambled to comprehend the anomaly. Some commentators likened the event to the Mt. Gox collapse, while others questioned if artificial intelligence had begun to influence the blockchain. The Ethereum Foundation's terse response only fueled the uncertainty.
In the aftermath, the crypto industry faced a reckoning. The event highlighted vulnerabilities within the Ethereum network and raised concerns about the potential for unforeseen smart contract executions. It also sparked debates about the role of AI in blockchain technology and the need for enhanced security measures. The "Crypto Endgame" series has since become a seminal reference point for discussions on the future of decentralized finance and the unforeseen consequences of blockchain technology.
For a more in-depth exploration of this topic, you can listen to the podcast episode titled "99 - Endgame" featuring Vitalik Buterin, which discusses the future of Ethereum and the broader crypto ecosystem .

$BTC
$XRP

#CryptoSecurity101
The phrase “The Crypto Endgame: $50 Billion Transaction That Changed Everything (Final Part)” does not correspond to a widely recognized or officially published work in the cryptocurrency or financial sectors. It's possible that this title refers to a specific article, podcast episode, or analysis piece that is not part of mainstream media or academic literature.
However, there are several notable developments in the cryptocurrency space that could be relevant to such a topic:
1. FTX Collapse and Its Aftermath
The collapse of FTX, once a leading cryptocurrency exchange, had significant repercussions across the crypto industry. FTX's bankruptcy led to a reevaluation of the valuation of its assets, which could have exceeded $65 billion if not for the filing. This event highlighted the vulnerabilities in centralized exchanges and the importance of regulatory oversight. (pwmnet.com, longportapp.com)
2. MakerDAO's "Endgame" Initiative
MakerDAO's "Endgame" initiative aims to scale its Dai stablecoin to a $100 billion market cap, positioning it to rival Tether. This strategic pivot includes the introduction of "NewStable" and "NewGovTokens" to replace MKR and Dai, reflecting a significant shift in the decentralized finance landscape. (play.full-stacker.net)
3. Institutional Investments and Regulatory Developments
Institutional interest in cryptocurrencies continues to grow, with firms like Tether planning to invest over $1 billion in emerging markets, AI, and blockchain technologies. Additionally, regulatory bodies are increasingly focusing on digital assets, as evidenced by the SEC's actions against platforms like Binance. (cryptooasis.ae, longportapp.com)
4. Technological Advancements in Ethereum
Ethereum's development continues to progress, with proposals for reducing transaction finalization times and increasing staking accessibility. These advancements aim to enhance the network's scalability and security, ensuring its competitiveness in the evolving crypto ecosystem.
While these developments may not directly correspond to the specific title mentioned, they represent significant milestones in the ongoing evolution of the cryptocurrency industry. If you have more context or specific details about the source or content of "The Crypto Endgame: The $50 Billion Transaction That Changed Everything (Final Part)," I would be happy to provide a more targeted analysis.$ETH
$BTC

According to an X announcement by Coinbase Assets, Coinbase will suspend trading for four cryptocurrencies, Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE) and Synapse (SYN), on June 26, 2025, at or around 2:00 p.m. ET. Trading for RNDR, RBN, MOBILE and SYN will be suspended on Coinbase.com (Simple and Advanced Trade), Coinbase Exchange and Coinbase Prime. As stated in the announcement, the delisting is taking place due to the release of new versions of the aforementioned tokens, which have made their original versions no longer meet the exchange's listing criteria. Additionally, Coinbase has moved RNDR, RBN, MOBILE and SYN order books to limit-only mode, allowing limit orders to be placed and cancelled, with matches potentially occurring. 
Ripple asks SEC when token stops being a security
Shiba Inu (SHIB) has flipped bullish as the open interest on the meme coin has turned green with a 2.03% increase. This translates to 11.36 trillion SHIB valued at $158.65, million according to CoinGlass data.
Shiba Inu open interest signals hope
Open interest represents the total number of outstanding derivatives contracts for SHIB. This mild uptick suggests that some Shiba Inu holders are indicating speculative interest in a possible increase in the price of SHIB.
This reversal comes as traders on the Gate.io exchange embraced the price dip to accumulate the token. The exchange registered 54.18% of the total open interest with 6.68 trillion SHIB valued at $85.97 million.
Others, including Bitget, OKX and Bitunix, followed with 2.02 trillion SHIB, 1.15 trillion SHIB and 958.22 million SHIB, respectively. In that order, investors in these exchanges committed $26.03 million, $14.86 million and $12.34 million.
Despite these positive shifts, Shiba Inu continues to experience volatility on the market. SHIB plunged to $0.00001265 in earlier trading and continues to test critical support zones.
As of press time, Shiba Inu was changing hands at $0.00001284, representing a 0.67% decline in the last 24 hours. Meanwhile, a significant 14.41% increase in trading volume at $153.67 million has occurred.
Historical patterns
Interestingly, Shiba Inu has experienced challenging moments ahead of this mild uptick in open interest. It is worth noting that SHIB volume dropped by a significant 12.3% amid the crashing price. This indicates the meme coin remains troubled.
30,490,000,000,000 SHIB Activated Amid $687 Million Market Sell-Off
Some market participants remain cautious as June remains historically bearish for the meme coin. In the existence of Shiba Inu, June has consistently posted red candles in the market space. However, market participants hope trends might shift in 2025, based on ecosystem developments.
Expectations now hinge on the fact that for SHIB to rebound, it has to breach $0.0000145. This price level remains a critical resistance level for Shiba Inu.
$SHIB
$XRP
$SOL
#BinanceHODLerPLUME #ETHInstitutionalFlows

#GENIUSActPass
For days, I kept asking myself:
“How did I let this happen?”
“Can I ever come back from this?”

And honestly — I almost gave up. But what happened next changed everything.

The Turning Point 🔑

While scrolling through endless trading forums and YouTube videos, I stumbled upon something that no one talks about enough:

“Your biggest losses don’t destroy you — your mindset after those losses does.”

That line hit me hard. I realized my problem wasn’t just losing money… it was that I had no system, no discipline, and no exit strategy. I was trading emotionally, hoping for luck, not calculating for results.

So I took a break. And I did something different.

The Strategy That Brought Me Back 🚀

Here’s the 3-step strategy I followed to not just recover, but actually grow past that $70,000 loss:

1️⃣ Cut the Noise — Build a Plan

I stopped chasing every “hot tip” online. I sat down and designed a clear trading plan:

Entry strategy 📈

Stop-loss & risk management ❗

Target levels 🎯

Review after every trade 🗒️

2️⃣ Start Small, Scale Smart

No revenge trading. I started small. Wins felt boring at first — $50 here, $100 there. But I focused on consistency, not thrill. Once I built confidence, I scaled.

3️⃣ Protect Capital Like It’s Life

If you lose your capital, the game is over. My new rule: Never risk more than 2% per trade. Some days I didn’t even trade. Cash in hand is a position too.

The Result ✅

Within 9 months, I had not only recovered my $70,000… I added another $30,000 profit on top of it. More importantly — I rebuilt confidence and discipline. That’s what real success looks like.

And today? I don’t chase trades. I let opportunities come to me. And when they do… I’m ready.

Final Words 🏆

$BTC $SOL

#MarketRebound Michael Saylor’s corporate bet on Bitcoin btc2.08%Bitcoin may be approaching a new milestone. If Bitcoin holds its current price level, Strategy (MSTR), formerly known as MicroStrategy, could soon meet the eligibility criteria for inclusion in the S&P 500 index.
The potential inclusion depends on a specific financial threshold tied to reported earnings. According to financial analyst Jeff Walton, the probability of Strategy meeting that requirement now stands at 91%.
Walton estimates that Bitcoin would need to fall below $95,240 before the end of June to push Strategy’s Q2 earnings below the qualifying line. Based on current pricing, that would require a drop of more than 10% within a matter of days.
As of Jun. 23, the company holds 592,345 bitcoins at an average acquisition cost of $70,666, with a total outlay of approximately $41.84 billion. With Bitcoin trading at $107,213 on Jun. 25, the value of the company’s crypto holdings exceeds $63.5 billion.
These unrealized gains play a direct role in Strategy’s reported earnings, which are the final factor under review for S&P 500 inclusion.
Why Bitcoin’s history favors Strategy’s odds
Walton arrived at the 91% probability by analyzing Bitcoin’s historical price behavior across 3,928 rolling six-day trading windows between September 2014 and June 2025.
“Going back to September 17, 2014, over any six-day period, the price of Bitcoin has dropped more than 10% only 343 times,” Walton said in a recent broadcast. “There have been 3,585 periods where it hasn’t dropped more than 10%. So 8.7% of those periods saw that kind of decline.”
Based on that breakdown, the chance of Bitcoin remaining above the threshold needed for Strategy’s Q2 earnings to qualify is roughly 91.3%.
To validate the number against recent conditions, Walton filtered the same six-day windows starting from the launch of BlackRock’s iShares Bitcoin Trust (IBIT), which he sees as a structural turning point in the market. 
Since the introduction of IBIT, Bitcoin has avoided a 10% or greater drop in 96.6% of all comparable periods, suggesting that in a more mature environment shaped by institutional involvement and ETF flows, sharp declines have become less frequent.
Time is also a factor. With each passing day, the quarter’s end approaches, and the window for a large short-term drop narrows further. 
According to Walton, even if Bitcoin were to decline to $104,000 instead of $95,000, the required percentage drop would shrink to 8.42%. That would raise the risk modestly but still keep it well within historically favorable territory.
If Bitcoin remains range-bound or climbs further, the likelihood of Strategy meeting the S&P earnings threshold continues to rise.
Other requirements for index inclusion are already in place. Strategy’s market cap now exceeds $21 billion, and its average daily trading volume is well above the minimum needed for S&P 500 eligibility. That leaves net income as the only unresolved criterion.
With just a few trading days remaining in the quarter, the numbers appear to lean clearly in Strategy’s favor.
New rules changed the game, but Q1 timing was off
Strategy’s path toward S&P 500 inclusion did not begin in Q2. The company was already in contention during the first quarter of 2025, having satisfied most structural requirements, including market capitalization, liquidity, and listing standards.
One condition, however, remained unresolved: net profitability over the trailing twelve months. To meet that standard, the company needed Q1 earnings strong enough to offset earlier losses and deliver a positive cumulative figure across four quarters.
The turning point came with the adoption of a revised accounting rule issued by the Financial Accounting Standards Board. 
Under the new standard, companies holding digital assets must recognize them at fair market value, allowing unrealized gains to contribute directly to reported net income. The previous method only captured impairments, excluding any upside from price increases. 
For firms like Strategy, with large bitcoin holdings, the change significantly altered how market performance translated into earnings.
Despite the rule’s introduction, timing remained critical. Bitcoin’s closing price at the end of the quarter ultimately determined whether Strategy could clear the profitability bar. 
Analyst Richard Hass estimated that the company required $1.113 billion in Q1 net income to meet the S&P earnings condition. That figure would have been achievable only if bitcoin closed above $96,337 on Mar. 31, based on Strategy’s then-total of 478,740 BTC.
However, Bitcoin closed the quarter at $82,548, falling short of the mark. Hence, the fair value rule did improve reported earnings and the final price left a sizable gap between valuation and the level needed to offset previous losses.
Strategy had reported a $671 million net loss in Q4 2024, primarily due to the old accounting rule that marked bitcoin down to below $16,000 per coin, even though it ended the year trading above $94,000. 
That discrepancy left the company with a steep earnings deficit heading into Q1, and the new rule, while helpful, was not enough to overcome it.

If MSTR joins, Bitcoin quietly enters the S&P

If Strategy enters the S&P 500, MSTR would become a vehicle for bringing Bitcoin into mainstream equity portfolios without needing any formal crypto approval.

The company would then be evaluated not only as a proxy for Bitcoin exposure but also as a listed firm expected to meet broader financial and governance standards.

Around $15.6 trillion in global assets are benchmarked to the S&P 500, with approximately $7.1 trillion held in index funds that replicate its composition. Once Strategy qualifies, these funds would be required to allocate a portion of their capital to MSTR shares.

That mechanism creates an indirect but significant channel through which traditional asset managers, many of whom are restricted from holding Bitcoin itself, gain price exposure through equity ownership.

Even a 0.01% allocation across S&P-linked assets would translate into more than $1.5 billion in fresh demand for MSTR stock.

The effect on Bitcoin would be slower but meaningful. If MSTR becomes a core holding across major equity funds, Bitcoin’s alignment with traditional asset classes could strengthen.

As of Jun. 25, Strategy holds roughly 2.8% of Bitcoin’s total circulating supply. Any increase in MSTR demand driven by index buying would reinforce Bitcoin’s role as a macro-linked asset, responding not only to crypto cycles but also to broader movements in equity markets.

It would also reshape how Strategy is viewed. Since its strategic pivot in 2020, the company has traded more like a Bitcoin ETF than a legacy software business.

S&P 500 inclusion, however, would place Strategy in a peer group defined by consistent revenues, dividend payouts, and sector-specific exposures.

That new positioning would raise expectations around financial reporting, operational stability, and corporate discipline. It would also bring more frequent index reviews and potential weighting adjustments, especially if volatility remains elevated.

A useful comparison is Tesla’s S&P 500 entry in December 2020. The company attracted over $80 billion in flows as passive and active managers adjusted their positions. Its correlation with the broader market rose sharply in the months that followed.

While Strategy’s market cap is much smaller, its high beta to Bitcoin could make it a functional bridge between digital assets and legacy capital markets.
That bridge may prove more important as crypto edges closer to regulatory clarity and standardized accounting treatment.
$PEPE $BTC
#REVABinanceTGE

BOB is now experiencing a price increase.
As a large language model, I cannot access real-time financial data, including the current holder count or price movements of BOB. To verify these claims, one would need to consult:
The text expresses a common sentiment in the cryptocurrency market:
Blockchain Explorers: Blockchain explorers (e.g., Etherscan for Ethereum-based tokens) allow you to view the number of holders and transaction history for a specific cryptocurrency.
Social Media and Crypto Communities: Platforms like Twitter, Reddit, and dedicated cryptocurrency forums can provide insights into community sentiment and discussions about BOB.
Conclusion (Hypothetical)
Skepticism and Volatility: Cryptocurrencies are known for their volatility. Price corrections (pullbacks) are common after periods of rapid growth. This can lead to fear, uncertainty, and doubt (FUD) among investors.
"Hindsight Bias": The text implies that those who sold during the pullback are now experiencing "hindsight bias" – regretting their decision to sell as the price increases.
Community Dynamics: The text highlights the role of community sentiment and the influence of "gurus" and skeptics on investor behavior.
Based on the provided text, the claims about BOB's performance and the reactions of investors are plausible, but require verification using real-time market data. The text reflects common themes in the cryptocurrency market, including volatility, skepticism, and the influence .
$BTC
$BNB
#ETHInstitutionalFlows #BinanceHODLerPLUME

The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump’s tariffs policy. Since Powell ignored Trump’s urges to cut interest rates, Trump decided to fire him via the Supreme Court. Let’s dive deeper into the nature of this conflict and figure out if Powell’s resignation would be good for crypto.
What led to the conflict?
First off, the Powell-Trump conflict is not new. The consistent leaning of Powell’s Fed towards keeping interest rates high to keep inflation in check has always been a problem for Trump. However, in December 2024, Trump said he would not try to make Powell go. However, it seems Trump has had enough this time.
Tariffs deployed on trading with dozens of countries on the so-called Liberation Day on Apr. 2, 2025, have seriously shaken the stock market around the globe. The crypto markets responded with 10 to 20 percent downfalls on Apr. 7. The same day, many stock markets saw the worst drops in value in decades. Crypto liquidations reached around $888 million on that day. 
American markets saw lower declines. Partly, this can be explained by the rumors of a possible 90-day pause on tariffs. The White House rejected the news as fake news, but later, it turned out that it was true, except for China. Instead, the U.S. deployed even harsher tariffs on China, raising it to 145% as of press time. The media called tariffs a “shock” for the economy and the markets.
Read more:Markets close lower as Trump notes tariff problems and Fed flags recession risk
The fear greed index has reached a strong “extreme fear” point following the Liberation Day and the following week. The situation began to look threatening for small businesses in the U.S., as Pershing Square CEO Bill Ackman vividly outlined in an X post shown below.
Donald Trump expressed no regrets about bombing the markets. In February, he even warned the public about the “pain” that tariffs may bring to Americans. He suggested that it is a reasonable price for the golden age of America to come. 
Nevertheless, the 90-day pause and the openness for negotiations with many countries, including China, changed the vibe. Some think that Trump deliberately wanted to scare other countries to make them negotiate on America’s terms. Others believe Trump capitulated to angered billionaires and investors. Either way, many don’t understand how the hurdles set for American companies with manufacturing operations in China can help America thrive.
On Apr. 10, it was revealed that the inflation rate in the U.S. dropped. Although Trump reacted to the news of declining inflation positively, he sought the interest rate cut as a remedy to the market’s shakeup. The decision should be made by the Fed, which is an independent agency. Jerome Powell, a chair of this independent agency, showed reluctance to cut the rates.
Powell vs. Trump
According to a recent WSJ article, Powell is facing a no-win situation in which he cannot make a perfect decision whether to cut the rates or not. Either way will cause harm to the economy. Rate cuts will unleash inflation while keeping the rates as they are ignoring the slowing down economy and letting the labor market fall, which in turn will cause inflation to surge anyway. 
Yet, Powell sees no reason to cut the rates and sticks to holding down inflation and tamping down the risks for the economy. On Apr. 4, he said that central banks should first assess the high-paced trade policy changes unleashed by Trump.
Seemingly, Donald Trump is not impressed with this contrariness, so he allegedly seeks to oust Powell through the Supreme Court. According to the Bloomberg report, Trump petitioned the Supreme Court to fire high-profile officials from two independent agencies. This could be a potential attack on Powell, who recently admitted that he would not resign until the end of his term.
If the Supreme Court dismantles the 1935 precedent set by Humphrey’s Executor vs. the United States case, Powell may end up being fired. The precedent increases the protection of his current position and saves him from firing by executive power. However, the precedent may be seen as conflicting with Article II of the Constitution, which Trump can use as legal grounds to terminate Powell.
Such an approach may be seen as Trump’s stunt to concentrate much power in his hands and decrease decentralization in the government. On the other hand, investors wishing for rate cuts may praise the move if it actually takes place.
Would the crypto market benefit from Powell’s resignation?
$$In December 2024, Powell announced a low interest rate cut, reversing the crypto bull run that was in full swing at that time. He was hardly seen as a crypto ally at that time. On other occasions, though, Powell has been supportive; for instance, he critiqued the debanking of the crypto clients by financial institutions. Earlier, the Fed signaled its intention to cut the rates in 2026, which would have paved the way for further Bitcoin adoption in the future.
Trump may try to nominate a more pro-crypto Kevin Warsh as Powell’s successor or find someone more submissive, who will cut the rates every time when he wants it. Lower interest rates may trigger inflation, which plays out well for Bitcoin in the short term. However, Trump’s overall crypto-friendly policies are already a bullish factor for Bitcoin, and bothering the Supreme Court to terminate Powell, who has been doing his work pretty well, just to cut the interest rates may not be a good move. Powell’s term ends in May 2026. Let’s just see what happens. 
You might also like:Bank of America says Fed should stop rate cuts —How will crypto react to Trump 2.0?
Donald TrumpFederal Reserveinterest ratespoliticsRegulationstocks
Florida joins Bitcoin reserve race with first committee approval of HB 487
Florida has taken its first legislative step toward embracing Bitcoin as a state-held asset, joining the race led by Arizona and closely followed by New Hampshire.
Florida is the latest U.S. state to make strides toward adopting Bitcoin btc-0.17%Bitcoin as a strategic reserve asset, as its House Bill 487 (HB 487) passed through the House Insurance and Banking Subcommittee with unanimous support on April 10 hearing.
The bill, titled “Investments of Public Funds in Bitcoin,” proposes allowing Florida’s Chief Financial Officer and State Board of Administration to invest up to 10% of key public funds — including the General Revenue Fund and Budget Stabilization Fund — into Bitcoin. It outlines strict custody, security, and compliance protocols, and also enables Bitcoin held by the state to be loaned out or used in exchange-traded products.
Having cleared the first of four committees, HB 487 must still pass through the Government Operations Subcommittee, the Ways & Means Committee, and the Commerce Committee before heading to the full House for a vote. If passed by the House, the bill will move to the Senate for consideration and, ultimately, the governor’s desk.
You might also like:New Hampshire House passes Bitcoin reserve bill in close vote
Florida’s push comes amid a wider trend across U.S. states exploring Bitcoin as a sovereign asset class.
According to Bitcoin Laws, Arizona appears to be leading the legislative race. As of late March, its Senate Bills 1373 and 1025 — both related to digital asset reserves — have passed through the Senate and cleared the House Rules Committee. These bills are now headed for a full House vote. If successful, they would only require Governor Katie Hobbs’ signature to become law, making Arizona the first state to officially adopt a Bitcoin reserve policy.
Meanwhile, New Hampshire has also advanced its Bitcoin reserve bill (HB 302), which passed the full House in a 192-179 vote and is now under Senate review. The bill would allow the state treasurer to allocate up to 10% of authorized funds into Bitcoin and precious metals, but only assets with a market cap exceeding $500 billion — a threshold currently met only by Bitcoin — would qualify.
New Hampshire’s Bitcoin reserve bill has passed the state’s House, making it the fourth state to advance such legislation through one chamber.
On April 10, the New Hampshire House voted 192-179 in favour of House Bill 302 after it cleared the House Commerce and Consumer Affairs Committee with a 16-1 vote in early March.
The bill now heads to the Senate, where it will face further debate before potentially landing on Governor Kelly Ayotte’s desk for final approval.
If signed into law, HB302 would authorize the state treasurer to allocate up to 10% of New Hampshire’s general fund, revenue stabilization fund, or any other legislatively approved funds into certain digital assets and precious metals, including gold,
$BTC