🏙️ Meta’s $100M Poaching Push, Tether Crackdown, and Solana’s High-Stakes Moment
⚡ CryptoTrendz - 📌 Breaking Trendz: Stay Updated!:
Meta lures OpenAI talent with $100M offers, while Ripple cheers stablecoin bill progress. BBVA urges 7% crypto exposure, and Bitcoin eyes $150K amid market shakeups. Bitcoin holds near $103K as firms forecast $844M windfall and macro shifts loom. ✨Here’s an overview:
🔖 Regulatory Actions and Security:
🔹Tether froze $12M in Tron due to illicit activity (Source).
🔹Gemini filed a complaint against the CFTC over a ‘lawfare’ campaign (Source).
🔹Spokane, Washington banned crypto ATMs (Source).
🔹Iranian exchange Nobitex was hacked for $81M by Israel-linked hackers (Source).
🔹Archetyp dark web market was shut down, but the ecosystem adapts (Source).
🔖 Market Trends and Major Moves:
🔹Bitcoin is setting up for a large move amid the $103,000 retest (Source).
🔹Bitcoin and HYPE may get an $844M windfall from four public US firms (Source).
🔹Bitcoin holds below $110K as the market enters a transition phase (Source).
🔹Bitcoin and crypto dipped as Trump called Iran’s leader an ‘easy target’ (Source).
🔹Bitcoin NVT enters reversal, raising overvaluation concerns (Source).
🔖 Institutional and Banking Involvement:
🔹Spanish bank BBVA suggested clients allocate 7% to crypto (Source).
🔹Major Spanish bank endorsed Bitcoin (Source).
🔹Thailand exempted crypto capital gains to boost its status as a global hub (Source).
🔹China’s JD.com entered the stablecoin race as the US passed the GENIUS Act (Source).
🔹Agriculture firm AgriFORCE powers 120 crypto miners with natural gas (Source).
🔖 Altcoin and Stablecoin Updates:
🔹XRP price slid under its support level, increasing selling pressure (Source).
🔹Solana (SOL) tested support after a dip, with a bounce or breakdown ahead (Source).
🔹ETH and Neo Pepe Coin presale heated up, raising $1.1 million (Source).
🔹Ripple CEO reacted to the passage of a stablecoin bill (Source).
🔖 Industry and Corporate Developments:
🔹Meta is trying to poach OpenAI staff with $100M signing bonuses, according to Sam Altman (Source).
🔹An investment advisor pushed a $45.65M bank fraud scheme, funneling money into property and a private plane (Source).
🔹$150,000 Bitcoin is possible unless a key macro metric snaps (Source).