đïž Crypto Headlines:
1. Bitcoin makes fresh highs:
âą BTC smashed above $112,000 intraday, reaching a new all-time high. This has been driven by enormous short liquidations and increasing institutional buying.
âą The overall crypto market cap has risen back to approximately $3.47âŻtrillion, with security issues remaining.
2. Ethereum also rallying:
âą ETH jumped about 7%, breaking above $2,700â2,800, backed by good momentum and bullish technical indicators.
âą Crypto is likely more to avoid than to own now, says financial advisor RicâŻEdelman, indicating portfolio ranges of 10â40% in crypto.
3. GMX exploitâ$40âŻmillion stolen:
âą A large-scale exploit struck GMX's Arbitrum/Avalanche liquidity pools, triggering trading and GLP minting halts after $40âŻmillion was siphoned.
4. Altcoins in the spotlight:
âą XRP breaks through resistance before Ripple's Swell conference in NYC. Some even predict the $10 level at year-end.
âą Dogecoin bounces back around 6.1% to ~$0.18 on indications of fresh bullish strength.
5. Trump Media seeks crypto ETF:
âą Trump Media & Tech Group has filed an S-1 with the SEC for a Truth Social Crypto ETF, consisting mainly of 70% BTC, along with ETH, SOL, CRO, XRP, in conjunction with Crypto.com.
6. Global & institutional trends:
âą Pakistan's central bank is initiating a pilot of its own retail CBDC, with virtual asset regulation law approaching completion.
âą Australia's RBA is pushing forward with its Project Acacia wholesale CBDC pilot, looking into stablecoins and real-money settlements.
#BTCBreaksATH #TrumpTariffs #TruthSocialCryptoBlueChipETF #altcoins #CBCD
