SPX6900 gains 18% – But traders, watch out, THIS risk could ruin it all
SPX6900 surged 18% amid improved crypto sentiment, but whale activity and positive exchange flows suggest potential selling pressure. Key support at $1.20 will determine if the rally continues or reverses to $0.95.
Norwegian Mineral Mining Firm Eyes $1.2 Billion Raise for Bitcoin Treasury – Decrypt
Norwegian mining firm Green Minerals plans a $1.2 billion Bitcoin treasury, citing BTC’s anti-inflationary properties. Despite stock price drops, the firm maintains its blockchain integration strategy.
NYSE Files for Rule Change to List Trump Bitcoin Ethereum ETF – Decrypt
NYSE filed to list a Trump Media Bitcoin and Ethereum ETF, tracking BTC (75%) and ETH (25%). The SEC must approve the rule change. Trump Media deepens crypto ties with this and other planned funds.
XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst
Analyst CryptoInsightUK predicts XRP’s pullback is nearly complete, with potential to reach $8-$12. Bitcoin’s movement may influence XRP’s final dip before a bullish reversal.
Ozempic’s Newest Miracle: Dramatically Cutting Dementia Risk – Decrypt
A study found diabetics on semaglutide (Ozempic) had up to 70% lower risk of Alzheimer’s-related dementia. Benefits may come from reduced inflammation and clearing toxic proteins, but clinical trials are needed.
USDT Supply on Tron Soars Past $80B Amid Growing Adoption
USDT supply on Tron surpasses $80 billion, reflecting its dominance in stablecoin markets due to lower fees and faster transactions. A recent $2B Tether mint highlights Tron’s role in large-scale liquidity operations.
CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?
Bitcoin faces potential 12% retrace to $92,000 due to a CME gap, with technical indicators suggesting bearish trends. Analyst Doctor Profit warns of further corrections if key levels are not reclaimed.
Russian Mining Chief: Bitcoin $130k ATH Possible This Summer
A Russian mining executive predicts Bitcoin could reach $130k by summer 2025, citing industry growth and rising demand for mining data centers in Russia.
US academic institutions urge SEC to implement stringent crypto staking rules, oversight
US universities urged the SEC to implement strict crypto staking rules, including precise definitions, yield caps, and transparency measures to protect users and ensure accountability in staking services.
Fed reverses course on ‘reputational risk’ – Will banks embrace crypto now?
The Fed removed ‘reputational risk’ from bank supervision standards, potentially easing crypto restrictions. Banks like JPMorgan and Bank of America are exploring crypto, with some considering stablecoins and Bitcoin ETFs as collateral.
