🌇 Wall Street Rebounds, Crypto Fraud Unfolds, and Senators Push Back.Bitcoin News Comes Last
⚡ CryptoTrendz - 📌 Real-Time Trendz: Catch Up!:
Synthetix eyes Derive in bold $27M move; Dogecoin defies dip with rising interest. Goldman lifts S&P 500 target after US-China tariff truce. Bitcoin gains 20%, halting miner sell-offs. Senators push back on taxing unrealized crypto gains. ✨Let’s dive a little:
🔖 Regulations & Policy:
🔹Senators push the Treasury to reconsider taxing unrealized crypto gains, raising debates on fair taxation (source).
🔹Ex-SEC Chair Gensler is accused of privately supporting crypto despite public skepticism (source).
🔹US concerns rise over OpenAI’s crypto project, World, citing security and regulatory fears (source).
🔹Quantum computing’s threat to Bitcoin is spotlighted by the Q-Day Prize challenge (source).
🔖 Market Movement & Trends:
🔹Goldman Sachs raises its S&P 500 target after the US and China agree to cut tariffs (source).
🔹Dogecoin open interest climbs even as prices pull back, showing strong trader engagement (source).
🔹Bitcoin miners stop selling as BTC jumps 20% since a key buy signal, indicating bullish sentiment (source).
🔹Crypto VC deals fall in Q1, but total funding more than doubles, hinting at larger ticket sizes (source).
🔖 Corporate Moves & Partnerships:
🔹Synthetix bids $27M to reclaim Derive, signaling consolidation in crypto options (source).
🔹FalconX partners with Standard Chartered to expand institutional crypto services (source).
🔹Standard Chartered scales its crypto banking with FalconX, boosting institutional access (source).
🔹Kima enters Mastercard’s sandbox, enabling stablecoin card top-ups for smoother crypto payments (source).
🔖 Technology & Platforms:
🔹White label crypto exchanges are shaking up the market by letting firms launch platforms faster (source).
🔹Crypto swapper eXch revives after Bybit’s shutdown, showing resilience in DeFi tools (source).
🔹Semler Scientific’s Q1 revenue plunge leads to a stock slump, reflecting volatility in tech-adjacent firms (source).
🔹Ex-Cred executives plead guilty to wire fraud after a $150M crypto collapse, spotlighting risk (source).
🔖 Altcoin Updates & Analysis:
🔹XRP breaks above $2.50, fueled by South Korea’s trading frenzy and ETF buzz (source).
🔹An analyst sees XRP hitting $22 by 2026 if Ripple’s value soars to $1.2 trillion (source).
🔹Solana jumps past $180, driven by strong on-chain activity and bullish signals (source).
🔹Investors are urged to be patient as Solana faces resistance, hinting at possible volatility (source).
🔖 Comparative Insights:
🔹A deep dive compares XRP and Cardano, helping crypto investors weigh strengths and weaknesses (source).