🏙️ Scammers Blow Millions on Luxury, Ripple Eyes Circle, Bitcoin Soars
⚡ CryptoTrendz - 📌 Real-Time Trendz: Catch Up!:
Scammers stole $265M in crypto to fund lavish lifestyles. Ripple and Coinbase vie for Circle as it eyes IPO. Shiba Inu surges with 49M burned, signaling a bullish shift. Bitcoin ETFs top $40B, with futures and fractals hinting at $110K+ highs soon. ✨Let’s dive a little:
🔖 Regulatory and Legal Developments:
🔹Authorities claim scammers stole $265 million in crypto for luxury items (source).
🔹DOJ investigates a Coinbase data breach (source).
🔹Coinbase confirms DOJ probe after a major security incident (source).
🔹The SEC delays its decision on Solana ETF filings (source).
🔖 Major Players and Institutional Moves:
🔹JP Morgan will allow clients to buy Bitcoin, signaling a shift in banking attitudes (source).
🔹BlackRock’s BUIDL powers BounceBit’s new RWA yield strategy (source).
🔹BitMine secures a $4M deal with its new Bitcoin treasury advisory practice (source).
🔹Ripple and Coinbase are reportedly competing to acquire Circle (source).
🔖 Market Trends and Predictions:
🔹Bitcoin futures data lines up with traders’ hopes for new all-time highs (source).
🔹Fractal analysis forecasts BTC above $110K by the end of the week (source).
🔹Bitcoin’s steady $10K rhythm hints at a push to $115K (source).
🔹Bitcoin ETFs have now surpassed $40 billion in inflows (source).
🔖 Altcoins and Emerging Assets:
🔹SHIB’s burn rate jumped 17,900% with 49 million tokens burned (source).
🔹Shiba Inu price shows bullish reversal as analysts eye a break over $0.000016 (source).
🔹XRP might stabilize at $1,000, becoming ‘very expensive’ according to a pundit (source).
🔹Pi Network’s price gears up for a breakout fueled by mainnet hopes (source).
🔖 Corporate Actions and Industry Events:
🔹Circle is planning an IPO but could be sold to Ripple or Coinbase (source).
🔹Coinbase is working with the DOJ to investigate a customer data hack (source).
🔹Trump’s memecoin dinner is drawing curiosity about what to expect (source).
🔹Jack Dorsey wants a Bitcoin rebrand, possibly moving away from the Satoshi name (source).
🔖 Institutional Endorsements and Strategic Shifts:
🔹Bitcoin’s six-figure trading signals it may rival gold, says a Fidelity exec (source).
🔹This bullish sentiment is echoed by various market analysts (source).
🔹The growing interest from major players points to wider mainstream acceptance (source).
🔹Institutions are increasingly embedding crypto into their core strategies (source).