⚡ CryptoTrendz - 📌 What Community is Talking About!:

JPMorgan teams with Coinbase to drive crypto adoption, while Canaan adopts BTC as its treasury reserve. Polygons Hemidall sees a brief outage. Bitcoin surges past $118K after SEC ETP update. Fed news stirs hopes of BTC hitting $140K soon. ✨We’ll now walk through:

🔖 Market Movements and Regulations:

🔹Bitcoin regained momentum by surpassing $118,000 after SEC’s approval of in-kind crypto ETPs (Source).

🔹JPMorgan and Coinbase announced a partnership to boost crypto adoption (Source).

🔹Canaan added BTC as its reserve asset, signaling confidence in crypto’s future (Source).

🔹However, a major crypto report from the White House made no mention of Bitcoin reserves (Source).

🔖 Major Events and Corporate Actions:

🔹Galaxy Digital moved $447M worth of Bitcoin, mostly to exchanges, indicating active trading (Source).

🔹Prime Trust’s bankruptcy raised concerns about Bitcoin custody and investor safety (Source).

🔹Polygon’s mainnet faced a temporary outage, temporarily affecting its network services (Source).

🔹Indian filmmakers faced backlash after releasing an AI-altered film without consent (Source).

🔖 Cryptocurrency Price Trends:

🔹BNB surged past $804, breaking multi-month resistance and signaling bullish momentum (Source).

🔹Cardano’s forecast hints at a potential explosive move towards $4 (Source).

🔹XRP, Dogecoin, and Shiba Inu gained significantly after Gemini announced support (Source).

🔹Dogwifhat’s setup suggests a breakout with a $4 target in view (Source).

🔖 Innovative Projects and Future Predictions:

🔹Planck launched a layer-0 blockchain dedicated to AI, pushing the frontier for smart contract networks (Source).

🔹Ethereum’s upcoming ETF redemptions are expected to boost liquidity, possibly surpassing $4K (Source).

🔹Optimism’s technical breakout targets a $1.20 bullish rise (Source).

🔹The Fed’s upcoming rate decision could trigger Bitcoin’s push to $140K in a surprise cut (Source).