Will Trump’s Talk Send Bitcoin Prices on a Wild Rollercoaster?
Will Trump‘s Talk Send Bitcoin Prices on a Wild Rollercoaster?
Today’s crypto news is buzzing with excitement! Will Trump’s upcoming 100-day speech impact Bitcoin’s compressing range? BlackRock Bitcoin ETF has made headlines by purchasing $970 million in BTC. This surge in inflows is boosting the overall market. Bitcoin is targeting a whopping $115,000 as supply metrics approach historic euphoria levels.
In other news, Loopscale has recovered $2.8 million after a weekend DeFi hack. The company is also discussing bounty rewards. Meanwhile, the US Department of Justice is requesting a 20-year sentence for Celsius founder Alex Mashinsky. Bitcoin is currently in a critical zone, battling a support level at $93,500 as it faces a triple breakout.
Is the Paws Telegram mini app legit? Find out what you need to know! Also, 1inch has launched on Solana, with cross-chain swaps on the horizon. Lastly, a Russian ruble stablecoin executive has listed seven features resembling Tether. Abu Dhabi institutional giants are collaborating to create a dirham stablecoin.
BlackRock Bitcoin ETF Buys $970M in BTC
BlackRock’s Bitcoin ETF has made a significant move by acquiring $970 million in Bitcoin. This action signals strong institutional interest in the cryptocurrency market. The inflow of funds is boosting Bitcoin’s price and market confidence. Investors are optimistic about the future of Bitcoin as BlackRock continues to make waves.
Bitcoin Targets $115K
Bitcoin is eyeing a target of $115,000. Analysts note that BTC supply metrics are nearing a historic euphoria zone. This suggests that investors are becoming increasingly bullish. Such bullish sentiment could drive prices higher, leading to exciting times for Bitcoin enthusiasts.
Loopscale Recovers $2.8M
Loopscale has successfully recovered $2.8 million after a weekend DeFi hack. The recovery is a positive development for the company and its investors. Loopscale is also considering bounty discussions to encourage information sharing. The incident highlights the importance of security in the DeFi space.
US DOJ Requests 20-Year Sentence for Mashinsky
The US Department of Justice is requesting a 20-year sentence for Alex Mashinsky, founder of Celsius. The request comes after allegations of fraud and mismanagement. This case underscores the increasing scrutiny on crypto founders and their practices.
Bitcoin in Critical Zone
Bitcoin is currently in a critical zone, facing a support level at $93,500. A triple breakout could significantly impact prices. Traders are closely monitoring this situation for potential volatility. The outcome of this battle could determine Bitcoin’s short-term trajectory.
Paws Telegram Mini App: Legit or Not?
There are questions surrounding the legitimacy of the Paws Telegram mini app. Users are advised to do thorough research before engaging. Scams are rampant in the crypto space, so caution is essential. Always verify sources and seek community feedback.
1inch Launches on Solana
1inch has officially launched on the Solana blockchain. This move introduces cross-chain swaps, enhancing user experience. The integration aims to provide faster and cheaper transactions. Solana’s scalability could be a game-changer for 1inch users.
Russian Ruble Stablecoin Features
A Russian ruble stablecoin executive has outlined seven features similar to Tether. These features aim to provide stability and reliability in the digital currency space. The emergence of stablecoins is reshaping how traditional currencies interact with cryptocurrencies.
Abu Dhabi Giants Team Up for Dirham Stablecoin
Institutional giants in Abu Dhabi are collaborating to create a dirham stablecoin. This initiative could enhance the region’s digital economy. Stablecoins are gaining traction globally, and this partnership reflects that trend. The dirham stablecoin may provide new opportunities for investors and businesses alike.
Key Points
- Trump’s speech may impact Bitcoin’s price range.
- BlackRock ETF boosts Bitcoin market with $970 million purchase.
- Loopscale recovers $2.8 million after DeFi hack.
