This makes me worried about Altcoin Season | VirtualBacon0x på Binance Square

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This makes me worried about Altcoin Season

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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Standard Chartered expects SOL to hit $275 by end-2025 and $500 by 2029 but sees it lagging ETH until new use cases emerge. 🔸The Blockchain Group completes $72M bond raise to buy Bitcoin, aiming for 1,400 BTC in holdings as share price more than doubles. 🌟Highlights 🔸Trump Media announces a $2.5B raise to build a Bitcoin treasury, making it one of the largest BTC moves by a public company. 🔸SharpLink Gaming to adopt Ethereum Treasury Strategy after $425M private placement led by Consensys. 🔸Circle plans to raise $600M via IPO at a $5.4B valuation, dismissing sale rumors to Coinbase or Ripple and aiming to list under the ticker CRCL. 🔸Cetus may fully repay users hit by $223M exploit, pending a community vote and support from Sui Foundation loan and internal reserves. 🔸Michael Saylor says onchain proof-of-reserves is a bad idea due to security risks and lack of liability data and rules it out for Strategy. 🔸MetaMask adds native Solana support to its browser extension, enabling swaps and dApp access. Mobile integration to follow soon. 🔸Cantor Fitzgerald closes first Bitcoin financing deals with Maple and FalconX, kicking off its $2B crypto lending initiative. 🔸Bitget unveils BGUSD, a stable asset earning at least 4 percent yield from tokenized real-world assets like Treasurys and money markets.

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#Solana is the only smart contract platform truly competing #Ethereum. It dominates retail UX and daily usage but still lags in institutional adoption and RWA integration. To become a long-term hold like $ETH or $BTC, $Sol must build resilience across c

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Altseason? Not so fast. Hyperliquid is flying. Crypto Twitter is euphoric. Memecoins are booming. But something feels off. Here’s why I’m cautious and what I’m doing instead 🧵👇

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What coin or narrative are you eyeing for the next big rotation?

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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Strategy buys 4,020 BTC for $427M, raising holdings to 580,250 BTC. Now up $22.7B in gains, it owns nearly 3% of all Bitcoin. 🔸The Blockchain Group completes $72M bond raise to buy 590 more BTC, aiming for 1,400+ BTC total. Its stock has doubled since adopting the strategy. 🔸Thailand to allow tourists to spend crypto via credit card links, as it reforms laws to unify traditional and digital asset markets. 🌟Highlights 🔸Trump Media denies report it seeks $3B to buy crypto, slamming FT as having "dumb writers" after claims of a major Bitcoin investment plan. 🔸Dubai launches Prypco Mint to tokenize $16B in real estate on XRP Ledger, starting with UAE-based fractional property ownership. 🔸Crypto groups want SEC to clarify staking rules as lack of guidance leaves Web3 providers uncertain despite recent engagement steps. 🔸Alpaca Finance will shut down all products after Binance delisted its ALPACA token, citing market challenges and reduced viability. 🔸Vitalik Buterin says Ethereum can offer a decentralized fallback as Sweden reconsiders its cashless push due to crisis concerns. 🔸Pakistan appoints special assistant on blockchain and crypto, giving him minister status with no salary or perks. 🔸IREZUMI, a memecoin inspired by Japanese tattoo art, launches on Solana and partners with MemeFi ahead of its late May presale.

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