⚡ CryptoTrendz - 📌 Breaking Trendz: Stay Updated!:

Whale sell-offs cool Bitcoin’s rally, but long-term holders hint at higher prices. California embraces crypto payments as South Korea elects a pro-crypto leader. Gold’s surge boosts BTC sentiment. Analysts eye $140K BTC. Debt fears fuel Bitcoin’s reserve currency appeal. ✨Take a closer look:

🔖 Bitcoin Market Trends and Predictions:

🔹Bitcoin profit-taking is underway as large whales continue their sell-off (Source).

🔹The price paused below $106K, with analysts highlighting key support levels to monitor (Source).

🔹Sygnum notes that Bitcoin’s shrinking supply could trigger a price breakout (Source).

🔹Analysts predict one last speed bump before a possible rally to $140,000 (Source).

🔹Tom Lee unveils a bullish price target, citing a huge supply-demand imbalance (Source).

🔖 Regulatory and Policy Developments:

🔹California has passed a bill to accept crypto for state payments, signaling growing mainstream adoption (Source).

🔹Coinbase wants Oregon’s securities case moved to federal court (Source).

🔹The SEC aims to shape crypto policy using ‘notice and comment’ procedures (Source).

🔹South Korea elected a pro-crypto president, Lee Jae-myung, boosting regional optimism (Source).

🔖 Blockchain and Crypto Industry News:

🔹Ripple’s donations have surpassed $200 million, reflecting industry growth (Source).

🔹Consensys CEO comments on Ethereum’s strategic pivot, showing evolving technology (Source).

🔹TRON activity has reached an all-time high, sparking speculation of a TRX price breakout (Source).

🔹Bitcoin derivatives reset, with neutral funding and whale withdrawals hinting at a bullish shift (Source).

🔖 Economic and Global Impact:

🔹The US debt crisis could push Bitcoin to become the world’s reserve currency, says Coinbase CEO (Source).

🔹Gold’s rally to $3,360 is seen as beneficial for Bitcoin due to market dynamics (Source).

🔹The Czech government faces a no-confidence vote over a $45M Bitcoin scandal (Source).

🔹Blockchain is seen as a solution to food fraud, but the fight is costly (Source).

🔖 Noteworthy Crypto Events and Sentiments:

🔹Bitcoin’s 3-5 year holders are slowing their selloff, possibly waiting for higher prices (Source).

🔹Bitcoin appears on “shaky ground” as it nears a new price top, warns Ammous (Source).

🔹Max Keiser reacts to Elon Musk’s tweet, speculating Bitcoin could hit $2,200,000 (Source).

🔹In just 12 hours, $799M in Ethereum moved, raising questions about market direction (Source).

🔖 AI and Technology Risks:

🔹The AI arms race is intensifying, with experts warning it could destroy humanity as we know it (Source).