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#BTC #bitcoin #Write2Earn #BinanceSquare #Binance
$BTC On May 7, 2025, Bitcoin (BTC) is experiencing significant activity in the markets, currently trading near $97,000. According to CoinGecko data, the price of Bitcoin is approximately $97,033, with a daily trading volume reaching $28.6 billion and a market cap of nearly $1.93 trillion.

🧠 Influencing factors:

1- Technical analysis: Indicators suggest bullish momentum, with strong support at $92,000 and $85,000, and resistance at $100,000 and $107,000.

2- Institutional developments: Companies like Morgan Stanley are planning to launch digital currency trading services, which boosts confidence in the market.

3- Economic policies: New tariffs in the United States raise concerns about recession, driving investors towards Bitcoin as a safe haven.

Finally, Bitcoin shows strong performance amid current global economic conditions, bolstered by investor confidence and optimism regarding economic and trade policies. However, investors are advised to closely monitor economic and political developments, as they may impact price movements in the near future.

In May 2025, the price of Bitcoin (BTC) is witnessing a significant rise, currently trading near $97,000, with mixed expectations about its future throughout the year.

📈 2025 Predictions: Divergent Opinions:-

1- Unchained: Predicts the price will reach $250,000 by the end of 2025, based on Bitcoin's scarcity and increasing institutional demand.

2- H.C. Wainwright: Expects the price to rise to $225,000, driven by favorable regulations and institutional adoption.

3- CoinCodex: Anticipates the price will reach $167,000 by August 2025, with a trading range between $153,000 and $180,000.

4- Changelly: Predicts the price will reach $104,000 by May 8, 2025.

In conclusion, please note that these predictions are based on various analyses and opinions and may change based on market developments.

On May 6, 2025, Democratic Senator Chris Murphy announced the introduction of new legislation known as the "Modern Emoluments and Malfeasance Enforcement Act," or abbreviated as "MEME Act." The aim of this law is to prohibit the issuance, promotion, or profit from meme cryptocurrencies (known as "meme coins") by senior federal officials in the United States, including the president, members of Congress, and their immediate family members.

This legislation came in response to former President Donald Trump's launch of a meme cryptocurrency known as "$TRUMP" before his inauguration, which saw a sharp decline in value shortly after its launch. A similar coin named "MELANIA" was also issued, associated with former First Lady Melania Trump. The launch of these coins raised concerns about the exploitation of public office for personal gain and the possibilities of corruption and foreign influence.

Democratic Representative Sam Liccardo from California co-sponsored this bill, noting that the goal is to prevent officials from exploiting their positions to profit from digital assets.

Currently, the bill has been referred to the Committee on Oversight and Government Reform, as well as the Judiciary and Administration Committees in the House of Representatives. No date has been set for a vote on it yet, and it is not expected to pass under the current Republican majority in Congress.

#BTC #Write2Earn #BinanceSquare #Write2Earn #Binance
$BTC On May 6, 2025, Bitcoin (BTC) settled at a level of $94,600, after retreating from its recent peak of $97,000. Data indicates that the price has ranged between $93,614 and $95,199 over the past 24 hours, with a slight decline of 0.44%.

Influencing factors:
1- Federal Reserve Meeting: Markets are awaiting the results of the Federal Open Market Committee (FOMC) meeting today and tomorrow, as interest rate decisions may impact Bitcoin movements.

2- Strategic Reserve for Bitcoin: The United States announced in March 2025 the establishment of a strategic reserve for Bitcoin, enhancing the currency's status as a reserve asset and supporting investor confidence.

Lastly, while investors await the results of the Federal meeting, Bitcoin continues to attract interest from both institutions and investors alike. With positive price expectations and increased institutional adoption, the coming period may be crucial in determining the future direction of the currency.

On May 5, 2025, prominent members of the U.S. House of Representatives unveiled a new legislative draft aimed at regulating the digital asset market, a step considered one of the most significant developments in the regulation of cryptocurrencies in the United States so far.

Key features of the Digital Asset Market Regulation Draft:

1- Defining Regulatory Authority: The draft clearly outlines the jurisdictions of both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The SEC will oversee digital assets that are considered investment contracts, while the CFTC will regulate digital commodities and their spot markets.

2- Decentralization Test: The draft provides a standard to determine whether a digital asset is decentralized, thereby exempting it from being classified as a security. This standard focuses on the extent of control that issuers have over the network, such as the percentage of tokens they own.

3- Removal of Investment Restrictions for Individuals: The draft removes wealth requirements for individual investors, allowing them to access digital asset markets without the need to prove a certain income or wealth.

In conclusion, a joint hearing is scheduled for today, May 6, 2025, between the Financial Services and Agriculture Committees of the House of Representatives to discuss the draft titled "American Innovation and the Future of Digital Assets: A Plan for the 21st Century."

#FOMCMeeting The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve is meeting today and tomorrow (May 6 and 7, 2025) to make a decision on interest rates. Predictions indicate that the central bank will keep the interest rate unchanged, within the current range of 4.25% to 4.50%, amid ongoing anticipation regarding the impact of new tariffs on the U.S. economy.

Key Updates:
1- High likelihood of maintaining rates: The "CME FedWatch" tool indicates that the probability of a rate cut at this meeting does not exceed 1.8%, reinforcing expectations of maintaining rates.

2- Political pressure without response: Despite President Trump's repeated calls to lower rates to support economic growth, the Federal Reserve remains cautious, pointing to inflation risks arising from new tariffs.

3- Market watch: Markets, including cryptocurrencies and gold, are reacting cautiously to the expected decision. Bitcoin and Ethereum prices have dropped, while gold has risen by more than 2%, supported by a weaker dollar and increased demand for safe havens.

Finally, some analysts expect the Federal Reserve to begin cutting rates starting in July, especially if the effects of the tariffs start to negatively impact inflation and the labor market. However, so far, there are no strong indicators of sufficient economic weakness to justify an immediate rate cut.

#MarketPullback The global markets witnessed a significant decline at the beginning of trading today, Monday, May 5, 2025, due to escalating trade tensions and unexpected economic policies.

📉 Key updates in the markets:

1- Decline in U.S. stock futures: Dow Jones futures dropped by 270 points (0.7%), while S&P 500 futures fell by 0.9%, and Nasdaq 100 by 1.1%, following President Trump's announcement of a 100% tariff on foreign films, raising fears of renewed trade wars.

2- Impact on technology and media companies: Stocks of companies like Nvidia and Tesla saw a decrease of 1.4% and 0.9% respectively, while shares of Netflix and Disney fell by nearly 6% and 3% in pre-market trading.

3- Earnings forecast downgrade: Analysts on Wall Street lowered their earnings expectations for the second quarter for S&P 500 companies by 2.4%, which is higher than the historical average of 1.9%, due to concerns over tariffs, inflation, and economic uncertainty.

In conclusion, with ongoing trade tensions and economic uncertainty, analysts expect continued volatility in the markets in the short term. It is important for investors to closely monitor political and economic developments and make informed investment decisions based on available information.

In recent days, the bill regulating stablecoins in the United States, known as the "GENIUS Act", has witnessed exciting developments that may hinder its legislative path.

Although the bill passed the Senate Banking Committee with bipartisan support, the withdrawal of Democratic support threatens to delay or even defeat its passage in the chamber. Negotiations among the various parties are expected to continue in an effort to reach a compromise that meets the required security and transparency standards.

What to expect:
1- Potential amendments: Amendments may be introduced to the bill to enhance anti-money laundering measures and consumer protections, aiming to regain the support of hesitant members.

2- Market impacts: Any delay or failure to pass the legislation may affect the cryptocurrency market, particularly regarding investor confidence and the regulation of stablecoins in the United States.

The European Commission announced a comprehensive ban on privacy-focused cryptocurrencies, such as Monero (XMR), Zcash (ZEC), and Dash, as well as anonymous crypto accounts, effective July 1, 2027. This decision comes within the framework of the new Anti-Money Laundering Regulation (AMLR), aimed at enhancing financial transparency and combating illegal activities in the digital assets space.

Monero and Zcash prices have seen a notable decline following the announcement, with XMR dropping by 7.2% and ZEC by 5.8% within a few hours.

On the other hand, privacy advocates have expressed concern that this move could undermine innovation and restrict digital freedoms, while regulators view it as necessary to combat financial crimes.

In the end, if you hold any of these currencies or use anonymous wallets, it is advisable to review your options before the ban takes effect in July 2027.

#AppleCryptoUpdate Apple has made significant updates to its policies regarding iOS apps, now allowing developers to include external links for purchases, including cryptocurrencies and NFTs, without having to go through the in-app purchase system that imposed a commission of up to 30%.

This change came after a court ruling in the United States confirmed that Apple violated a previous court order from 2021, forcing it to allow external payment methods within apps.

🎨 Expanded support for NFT trading within iOS apps:-

iOS apps can now facilitate the buying and selling of NFTs through secondary markets directly within the app, opening up opportunities for app developers to provide more integrated experiences in the digital assets space.

🔐 Enhancements in encryption and privacy:-

Apple announced support for end-to-end encryption (E2EE) for RCS messages, enhancing the security and privacy of messages on iPhone, iPad, and Mac devices, making them more compliant with the security standards used in iMessage.

📲 Apps for following crypto news:-

To keep up with the latest news on cryptocurrencies and NFTs, you can use the Cointelegraph app available on the App Store, which provides continuous updates and diverse content in this field.

The Digital Asset Bill (مشروع قانون الأصول الرقمية) is a general term used to refer to legislation aimed at regulating digital assets such as cryptocurrencies, non-fungible tokens (NFTs), stablecoins, and others. These laws seek to provide a clear legal framework for dealing with these assets, enhancing investor protection and supporting innovation in this field.

Key pieces of legislation in the United States:

*Digital Asset Market Structure and Investor Protection Act (قانون هيكل سوق الأصول الرقمية وحماية المستثمرين):

1- Aims to define the authority of both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating digital assets.

2- Defines "major digital assets" as digital assets with the highest market value and daily trading volume.

3- Requires regulatory agencies to classify these assets either as digital assets or as digital securities within a specified timeframe.

**Digital Asset Anti-Money Laundering Act (قانون مكافحة غسل الأموال للأصول الرقمية):

1- Requires the Financial Crimes Enforcement Network (FinCEN) to issue guidelines for regulating digital assets.

2- Aims to enhance transparency and prevent the use of digital assets in illegal activities.

#AirdropSafetyGuide The field of digital currencies witnessed a significant increase in free coin distributions (Airdrops) in 2025, attracting wide interest from users and investors. With this expansion, the need for precise security guidelines emerged to protect digital assets and avoid falling into fraud traps.

⚠️ Warnings about common scams:

1- Reports have emerged about fake sites claiming to offer free distributions, but they aim to steal information or digital assets.

2- Some applications or tools may contain malware targeting e-wallets.

3- Fake accounts have proliferated on social media platforms claiming to offer distributions, but they aim to defraud users.

📚 Trusted sources to follow distributions:

1- Binance Square: A platform that provides updates and guidelines on safe distributions.

2- Airdrops.io: A website that collects information about ongoing and upcoming distributions.

3- CoinMarketCap: Provides a dedicated section for distributions with participation details.

On March 11, 2025, the U.S. Securities and Exchange Commission (SEC) announced a delay in its decisions regarding several applications for exchange-traded funds (ETFs) linked to alternative cryptocurrencies such as Ripple (XRP), Solana (SOL), Litecoin (LTC), Dogecoin (DOGE), and Cardano (ADA). These applications involve institutions such as Grayscale, Canary Capital, Bitwise, 21Shares, and Franklin Templeton.

While the SEC continues to review applications for index funds linked to alternative cryptocurrencies, indicators suggest strong possibilities for approval later in 2025, especially with increasing institutional interest and an improved regulatory environment.

#AirdropStepByStep
🎯Binance Megadrop – KernelDAO (KERNEL) Project
The Binance platform launched the KernelDAO (KERNEL) project as part of the Megadrop program, where users can participate by:​

1- Locking BNB coins in Simple Earn products.

2- Completing tasks in Web3 Quests through the Binance wallet.

☑️ Steps to participate in the airdrops:

1- Open an account on Binance if you do not already have one.

2- Lock BNB coins in Locked or Simple Earn products.

3- Complete Web3 tasks via the Binance wallet.

4- Follow official announcements from Binance and BNB Chain for the latest information.

#BTC #bitcoin #BinanceSquare #Write2Earn #Binance
$BTC At the end of April 2025, the price of Bitcoin ranges between $93,000 and $95,000, up 25% from its April low of $76,000. This increase is driven by investor optimism following President Trump's statements regarding tariff reductions and strengthening the independence of the Federal Reserve, which has restored confidence in financial markets.

Technically, Bitcoin has surpassed the 200-day moving average, indicating strong upward momentum. However, trading volumes remain low, reflecting caution among investors.

Analyst Jeff Kendrick expects the price of Bitcoin to reach $120,000 in the second quarter of 2025, driven by a strategic shift among investors towards Bitcoin as a safe haven amid economic uncertainty. ​

CEO of BlackRock Larry Fink has warned that the US dollar may lose its status as the world's reserve currency due to rising debt, suggesting that Bitcoin could be an alternative.

Finally, it seems that Bitcoin is benefiting from institutional support and favorable government policies, enhancing its position as a reliable investment asset. However, investors should exercise caution and monitor economic and political developments that may impact the market.

#AbuDhabiStablecoin In a significant development in the field of digital assets, Tether, the issuer of the largest stablecoin in the world (USDT), announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This announcement comes in collaboration with Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange, and supported by Green Acorn Investments.

Details of the Dirham-pegged stablecoin:

1- Objective: Tether aims to provide a stable digital alternative to the UAE Dirham, facilitating international transactions and financial transfers, reducing transaction costs, and providing a means to hedge against currency fluctuations.

2- Support and reserves: The stablecoin will be fully backed by liquid reserves based in the UAE, ensuring its stability and reliability.

3- Regulation and licensing: Tether seeks to obtain a license from the UAE Central Bank under the payment token service regulations announced in June 2024.

Finally, while a launch date for the Dirham-pegged stablecoin has not yet been set, progress in regulatory procedures indicates the possibility of its launch in the near future, pending necessary approvals from the relevant regulatory authorities.

In a significant development on the American financial scene, the legislative council of Arizona approved two bills (SB1025 and SB1373) on April 28, 2025, aimed at creating the first strategic reserve of Bitcoin at the state level in the United States. These laws allow the state to invest up to 10% of its public assets, estimated at around $31.5 billion, in digital assets such as Bitcoin and NFTs, which means an investment potential of up to $3.14 billion in these assets.

If the plan is fully implemented, Arizona's investment in Bitcoin could reach approximately $3.14 billion, making it one of the largest holders of Bitcoin among government entities in the United States. Some analysts believe that such a large institutional investment could drive the price of Bitcoin to $106,000 in the short term, potentially reaching $210,000 by the end of 2025.

In the end, Arizona is on the verge of becoming the first U.S. state to hold Bitcoin in its public reserves. While the initiative awaits the governor's signature, it represents a significant shift in how governments handle digital assets, and it could have wide-ranging implications for the cryptocurrency market and public finance in the United States.