🌅 Wall Street Fears Stablecoins, Trump Embraces Memecoins, Bitcoin Surges
⚡ CryptoTrendz - 📌 Trending Now: The Latest Scoop!:
Jony Ive joins OpenAI in a $6.4B deal, while Solana preps a token launch with its new phone. Justin Sun to join Trump’s memecoin dinner, claiming top holder status. Bitcoin ETFs surge $1B in 2 days as BTC tops gold in U.S. holdings and hits all-time highs. ✨Here’s an overview:
🔖 Regulatory & Political Developments:
🔹Bank lobbyists are reportedly panicking over yield-bearing stablecoins, signaling growing industry disruption (source).
🔹Lawmakers and interest groups plan to protest a dinner featuring Trump’s memecoin, highlighting political tensions (source).
🔹Meanwhile, billionaire Justin Sun will attend the event, stating he’s a top holder of Trump’s memecoin (source).
🔹The Texas legislature has passed a bill supporting Bitcoin reserves, showing state-level crypto adoption (source).
🔖 Bitcoin & Market Movements:
🔹Bitcoin has surged to new all-time highs, now surpassing gold in US ownership and being called America’s emerging reserve asset (source).
🔹Investors continue betting millions on Bitcoin after the record rally (source).
🔹ETFs contributed $1 billion in just two days, further boosting prices (source).
🔹Despite the rally, a key indicator suggests the bull run isn’t over yet (source).
🔖 Altcoins & Price Predictions:
🔹Analysts predict a massive Bitcoin eruption, with altcoins likely to follow suit (source).
🔹Cardano’s open interest hit $900M amid market volatility (source).
🔹Litecoin rebounded from key support, aiming for $117.50 (source).
🔹Solana could see a bullish breakout in 2025, targeting $200 (source).
🔖 Tech & Security:
🔹Apple’s design legend Jony Ive has joined OpenAI in a $6.4 billion deal, marking a significant tech partnership (source).
🔹The Coinbase breach impacted nearly 70,000 users, raising security concerns (source).
🔹Crypto and tech sectors are at risk due to rising interest rates, warns Peter Schiff (source).
🔹Solana Mobile is launching a token with its new Android phone, blending crypto with consumer tech (source).
🔖 Future Trends & Analysis:
🔹Price predictions for major coins show optimism for BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, and AVAX (source).
🔹Bitcoin’s rally continues without unhealthy leverage, suggesting a stable uptrend (source).
🔹Incoming capital controls could hurt those not holding select assets, says analyst Luke Gromen (source).
🔹BlackRock’s Ether ETF received key SEC acknowledgment, indicating institutional momentum (source).