🏙️ Monero Surges, Ethereum Eyes $6K, Ripple Gets Dubai Greenlight
⚡ CryptoTrendz - 📌 What’s Buzzing?:
Monero jumps 11.5% as $420 resistance comes into view. Ripple secures Dubai approval, while MetaMask gets a UX boost via Web3Auth. Bitcoin-linked bonds launch in Russia, and Bitcoin may surge if key levels hold. BTC hits $105K.$120K could be next. ✨We’ll now walk through:
🔖 Market Movements and Price Analysis:
🔹Monero surged 11.5% as analysts target $420 resistance (Source).
🔹Bitcoin could skyrocket if it closes above a certain level, according to top analysts (Source).
🔹Norwegian crypto platform soared 138% after a Bitcoin treasury announcement (Source).
🔹Gold is mirroring Bitcoin’s breakout, says Peter Brandt (Source).
🔹Ethereum may reach $6K with gold-inspired momentum (Source).
🔖 Regulatory and Legal Developments:
🔹AUSTRAC has cracked down on crypto ATMs due to a rise in illicit use (Source).
🔹A Texas lawmaker missed the deadline to disclose Bitcoin purchases (Source).
🔹The crypto lobby urges the Senate to pass the stablecoin bill without debate (Source).
🔹FCA-registered BCP introduced a British pound stablecoin (Source).
🔖 Institutional and Corporate Moves:
🔹Sber, Russia’s top bank, is now offering Bitcoin-linked bonds (Source).
🔹A major strategy saw the purchase of 705 BTC for $75 million (Source).
🔹Ripple USD (RLUSD) gained key approval in Dubai (Source).
🔹Revolut is hinting at a push into crypto derivatives through new job listings (Source).
🔖 Industry Innovations and Technology:
🔹The Ethereum Foundation is restructuring R&D, planning a new approach to design and development (Source).
🔹ConSensys claims its Web3Auth acquisition will greatly enhance MetaMask’s user experience (Source).
🔹The SEC may allow in-kind redemptions for Bitcoin ETFs (Source).
🔹Coinbase has been aware of a recent data leak since January and now faces renewed scrutiny (Source).
🔖 Predictions and Commentary:
🔹Bitcoin’s price could crash to $104,000 this June, according to forecasts (Source).
🔹Bitcoin topped $105K as the US extended a China tariff ceasefire, raising hopes for $120K (Source).
🔹The “Rich Dad Poor Dad” author says one asset-not gold or Bitcoin-is now the biggest bargain before market crashes (Source).
🔹Coinbase faces more pressure over its data breach (Source).