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Good morning fam ♥️ Here is the top news of the week 👇🗞️ 🔔 #Bitcoin reached a new all-time high of $111,970. 🔔 #Trump recommended a 50% tariff on the European Union starting June 1st. 🔔 Michael Saylor's 'Strategy' bought 7,390 Bitcoin worth $765 million. 🔔 Bitcoin surpassed Amazon to become the 5th largest asset in the world by market cap. 🔔 Trump said the US is dominating in Bitcoin and crypto, and we are going to keep it that way. 🔔 🇯🇵 Metaplanet bought another 1004 Bitcoin worth $104 million. 🔔 Michael Saylor's 'Strategy' to raise $2.1 billion to purchase more Bitcoin. 🔔 FIFA signed a partnership with Avalanche $AVAX to build its own blockchain. 🔔 🇮🇳 India's Supreme Court said crypto should be regulated, not banned. 🔔 Argentina President Javier Milei shut down the unit investigating the Libra crypto scandal. 🔔 Jim Cramer suggested buying Bitcoin as a hedge against excessive government borrowing. 🔔 Trump said iPhones not made in the US will face a 25% tariff. 🔔 🇺🇸 JPMorgan, Bank of America, Wells Fargo, Citigroup and other major US banks explore creating a joint crypto stablecoin. 🔔 $4 trillion asset manager JPMorgan to allow clients to buy Bitcoin. 🔔 🇺🇸 Texas House officially passed the Strategic Bitcoin Reserve Bill SB21. 🔔 Elon Musk said he is moving forward with lawsuit against OpenAI. 🔔 🇺🇸 Kraken to offer tokenized US stocks to users worldwide. 🔔 Class action lawsuit filed against Michael Saylor's 'Strategy,' alleging misleading statements about its Bitcoin strategy. 🔔 🇺🇸 Senator Cynthia Lummis said Americans are ready to update US gold reserves with Bitcoin. 🔔 Standard Chartered Bank said SEC data supports Bitcoin reaching $500,000 by 2028. 🔔 Mihailo Bjelic steps down, becoming the third Polygon co-founder to leave since 2023. 🔔 US Government launched an investigation into Coinbase customer data theft. 🔔 JPMorgan CEO Jamie Dimon said "I am not a fan of Bitcoin." 🔔 Blum Co-Founder Vladimir Smerkis Arrested For Suspicion of Fraud.
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THE HYPERLIQUID WHALE IS BETTING BIG ON BTC 🚨 The 40x Hyperliquid whale closed the $ETH and $SOL positions and increased his BTC long position size. Now his BTC position size is $1,241,948,642. Currently $BTC is trading at ~$109k. The liquidation price is $105,100. Will this whale get liquidated, or will BTC pump to $115k next? 👇
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WHAT’S REALLY HAPPENING AT @0xPolygon? Mihailo Bjelic steps down, becoming the third #Polygon co-founder to leave since 2023. Since last year, 3 of the OG co-founders have left: ● Jaynti Kanani (Oct 2023) ● Anurag Arjun (early 2023) ● And now, Mihailo Bjelic Mihailo said “visions started to diverge”, but when 3 co-founders leave one after another, Something feels fishy. 👀
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𝐓𝐇𝐈𝐒 𝐎𝐍𝐄 𝐈𝐍𝐃𝐈𝐂𝐀𝐓𝐎𝐑 𝐖𝐈𝐋𝐋 𝐇𝐄𝐋𝐏 𝐘𝐎𝐔 𝐒𝐏𝐎𝐓 𝐓𝐎𝐏𝐒 𝐀𝐍𝐃 𝐁𝐎𝐓𝐓𝐎𝐌𝐒 👇 It's called "Aggregated long/short accounts ratio." Whenever this indicator is <1, it shows that the market rally isn't over yet. E.g. Feb 2024, Jan 2023 etc. Whenever this indicator is >2, it shows that bulls are getting too confident, and euphoria has arrived. E.g. Feb 2025. Right now, this indicator is at 1, which means that longs are still in control. The market rally is still driven by spot, which could be seen through rising ETF inflows. But if this indicator goes above 2, I will become very cautious of a market correction. Source: @coinalyzetool
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Tell me one thing that is certain in #Crypto. I will go first. Every time the altcoins start to pump, Trump announces a new tariff.
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