Powell downplays recession fears but hints at stagflation risks amid Trump policy uncertainty. Stablecoin market to soar to $2T by 2028, per Standard Chartered, boosting dollar dominance and financial innovation via U.S. legislation and Circle’s model. Semler Scientific reports $41.8M unrealized Bitcoin loss in Q but remains committed to its crypto strategy, holding 3,182 BTC and planning to acquire more. Crypto trader named James Wynn, who gained attention recently opening a $1.1 billion BTC long bet with 40x leverage on the Hyperliquid exchange, also slipped underwater on the massive position. Currently, the trader is sitting on $7.5 million of unrealized losses, and the position could be liquidated if BTC slips to $102,000, according to a screenshot shared on X.
Bitcoin has surged to a new all-time high – breaking through $111,000 for the first time. The world’s biggest cryptocurrency has had a volatile 2025 to date but there are reasons to believe some further momentum is likely. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
Trump’s Liberty Finance Proposes Aave v3 on ETH Mainnet
Rising USDT activity signals potential crypto recovery, but macroeconomic factors and the March 18 FOMC meeting will shape the outcome, per Kronos CIO Vincent Liu. Ethereum burned a record-low 53.07 ETH ($106K) in a day, signaling weak block space demand. BlackRock’s $2.7 B tokenized T‑bill fund shows RWAs are now profit drivers, not pilots, with spreads under 10 bp. CryptoQuant models tip a range of $88K–$108K unless weekly ETF inflows break the $1 billion mark. Google may have a licence agreement with some of these publishers, but it has no impact on the ranking of results.
- Fed holds rates steady, slows QT pace, igniting a rally in stocks and crypto.
- Norway-based crypto brokerage and research services firm K33 joined the rapidly growing list of companies to adopt Bitcoin treasury strategies.
- Bitcoin’s price saw a wild swing last week, briefly rising above $111,800 on May 23 before dropping to $109,600 today….
- The cryptocurrency rallied on Thursday, mirroring a broader upswing in financial markets following the US president’s major policy shift.
Bitcoin price stabilizes around $111,000 on Friday after reaching a new all-time high of $111,900 this week. Corporate accumulation, institutional demand, signs of easing regulations and fiscal woes in the US have fueled BTC’s rally. Despite the solid bullish outlook, traders should pay attention to the Moving Average Convergence Divergence (MACD) indicator, which could send a sell signal if the MACD line (blue) crosses below the signal line (red). Key monitoring levels on the downside include $106,639 (weekend support) and the demand area around $100,635, tested last on May 12. Meanwhile, spot Bitcoin Exchange Traded Funds (ETFs) posted a net weekly inflow of $2.75 billion, representing the third-highest weekly inflow since the products started trading in January 2024.
Fed Holds Rates Steady: Dovish Signals Ignite Market Rally, Stagflation Concerns Loom
The accounts, tagged as frozen on Solana block explorer Solscan, maintain $44.59 mil… Cryptocurrencies are digital or virtual currencies that use cryptographic methods to secure transactions and control the creation of new units. Unlike traditional fiat currencies, which are issued and regulated by central authorities such as governments or central banks, cryptocurrencies operate on decentralized networks. These networks often employ blockchain technology, a public ledger system that records all transactions transparently and immutably.
Futures registered a trading volume of $86.6 million in the first six trading days. Part of BTC’s appeal lies in how it has a limited supply of 21 million coins, whereas the amount of traditional currencies in circulation often increases over time. BTC had first managed to hit $109,000 on 20 January – the day Mr Trump was inaugurated – with investors hopeful that he would introduce a slew of pro-crypto policies.
Bitcoin’s price hovers at $109,654 at the time of writing, up approximately 0.75% on the day. Most digital assets in the top ten, excluding the stablecoins, have sustained gains in the https://ai-robert.com/1-oz-of-gold-how-many-grams/ last 24 hours, including leading altcoins like Ethereum, Solana and Cardano. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.
The cryptocurrency eked out gains even as fresh data revealed that the US economy contracted in the first quarter, stoking fears of an impending recession. The US president is set to host the top 220 holders of the Official Trump memecoin at an exclusive dinner in Washington DC. Interestingly, the long liquidations came amid a recent unusual tilt toward short positions in BTC derivatives despite record prices, CoinDesk reported on Thursday. In response to the spate of attacks against those with links to the cryptocurrency sector, Retailleau held an emergency meeting with industry leaders in mid-May. These incidents follow the kidnapping of David Balland, co-founder of the cryptocurrency firm Ledger, who was abducted with his wife at their home in central France in January. Other incidents of kidnappings or attempted kidnappings have taken place across the country in recent months, including the case of the father of a cryptocurrency millionaire who was bundled into a van by men in balaclavas in Paris on 1 May.
As such, NewsBTC is dedicated to giving readers the most accurate window into these important developments, partnerships, and innovations, allowing our readers to stay far ahead of the curve. There was no funding round or launch in the manner we see with newer ICOs these days. The individual or group known as Satoshi Nakamoto launched the Bitcoin network back in 2009 when they mined the Bitcoin genesis block and the 50BTC first entered circulation at $0.
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