⚡ CryptoTrendz - 📌 What’s Trending?:

Elton John blasts UK AI copyright plans as creative theft, while Dogecoin whales stir price buzz with 1B DOGE scoop. Coinbase sued over biometrics. Bitcoin hits record weekly close; supply crunch fuels $200K forecast. Steak n Shake, Heritage now accept BTC. ✨Let’s dive a little:

🔖 Bitcoin News:

🔹Bitcoin set a new record weekly close after the highest-ever daily candle, fueling optimism for future gains (source).

🔹Analysts see a supply crunch boosting confidence in a $200K target for 2025 (source).

🔹The ‘sats’ vs ‘bits’ debate is reigniting as some want to change Bitcoin’s base unit (source).

🔹Heritage Distilling and Steak ‘n Shake now accept Bitcoin, holding it as an asset and enabling Lightning payments (source).

🔖 XRP & Ripple Updates:

🔹XRP price struggles to hold ground, leaving traders uncertain if it’s a breakdown or just a breather (source).

🔹A judge blocked a $75M XRP settlement, delaying Ripple’s legal saga (source).

🔹XRP’s rally stalls as a key SEC motion is denied and network growth falters (source).

🔹Analysts spot a surprising link between XRP and crude oil, sparking curiosity (source).

🔖 Meme & Altcoin Trends:

🔹Dogecoin struggles to sustain its momentum as meme coin mania cools off (source).

🔹Still, whales are accumulating 1 billion DOGE in a month, stirring price surge speculation (source).

🔹Ethereum fails to break key resistance, leaving investors wondering what’s holding it back (source).

🔹The altcoin market remains volatile, with traders eyeing every move (source).

🔖 Regulation & Legal:

🔹Coinbase faces a lawsuit for alleged breaches of Illinois biometric privacy law, raising data concerns (source).

🔹The US Senate is poised to pass a stablecoin bill, with bipartisan talks making progress (source).

🔹Tornado Cash dev Roman Storm’s trial moves forward, albeit with slight adjustments (source).

🔹A man in Australia forfeits $2.5M in Bitcoin after a crypto probe, despite no charges (source).

🔖 Industry & Market Insights:

🔹JP Morgan believes Bitcoin could outpace gold as crypto derivatives expand, signaling a shift in investor preference (source).

🔹Coinbase dealt with a user data hack, while FTX repayments and soaring bond yields shook the market (source).

🔹Elton John criticizes the UK’s AI copyright plan, calling it theft of creative work (source).

🔹The stablecoin bill’s progression continues amid partisan negotiations in the US Senate (source).