Chainlink surges as rising channel hints at more gains. Justin Sun joins Trump’s dinner with memecoin backers. NYC’s Bitcoin Mayor pushes to revive crypto’s image. Bitcoin hits $107K as open interest rockets to $74B, eyeing new all-time highs. ✨Take a closer look:

🔖 Bitcoin and Major Crypto Movements:

🔹Bitcoin open interest has surged to record highs as bulls chase new price peaks (source).

🔹The price jumped to $107K, nearing its all-time high (source).

🔹Open interest hit $74 billion amid this rally (source).

🔹NYC’s ‘Bitcoin Mayor’ Eric Adams unveiled plans to boost the city’s crypto industry (source).

🔹The Blockchain Group secured €8.6M to strengthen its Bitcoin strategy (source).

🔖 Altcoins & Institutional Insights:

🔹Chainlink is rallying, forming a rising channel which signals further growth (source).

🔹Solana faces resistance as institutions show interest, with bulls and bears at a standoff (source).

🔹Range-bound Ethereum sees volatility, with key levels holding the narrative (source).

🔹Raoul Pal forecasts a strong rally for XRP’s price from here (source).

🔹Top altcoins are highlighted as strong buys amid Bitcoin’s supply crunch, setting up for a 2025 rally (source).

🔖 Regulation & Policy:

🔹The SEC has delayed decisions on XRP and Dogecoin ETFs, leaving investors waiting (source).

🔹XRP ETF approval is still pending as the SEC stalls (source).

🔹Bloomberg analysts predict further delays for XRP ETPs and crypto ETFs this summer (source).

🔹The US Senate pushes forward GENIUS stablecoin legislation despite opposition (source).

🔹Argentina’s President Milei closed a task force investigating a Libra meme coin scandal (source).

🔹Dogecoin whales moved $23.35 billion in just 24 hours, highlighting major activity (source).

🔹High-risk, high-reward meme coins are gaining momentum (source).

🔹Fartcoin’s price prediction is bullish as whales hold steady and the coin rebounds (source).

🔹Justin Sun is set to join Trump for a dinner with memecoin backers (source).

🔖 AI & Industry Developments:

🔹Nvidia envisions future ‘AI factories’ with millions of agents and robots collaborating with humans (source).

🔹KindlyMD shareholders approved a merger with Nakamoto, a Bitcoin treasury company (source).