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Bitcoin Hits $112K: Bulls Charge Ahead

Bitcoin Breaks $112K: Bulls Are Back in Town

Bitcoin (BTC) just smashed through the $112,000 barrier, setting a fresh all-time high and sending the crypto community into a frenzy. The leading cryptocurrency is currently trading at $109,526, marking a significant milestone in its 2025 rally.

This surge isn’t just a fluke. Trading volumes have skyrocketed, reflecting heightened investor interest and bullish sentiment. Analysts point to a combination of institutional adoption, favorable macroeconomic factors, and increasing public interest as key drivers behind this momentum.

The recent price action has also led to a spike in open interest in Bitcoin futures, indicating that traders are betting on continued upward movement. However, some caution that such rapid gains could lead to short-term corrections.

Despite potential volatility, the overall outlook remains positive. With mainstream adoption on the rise and more financial instruments incorporating BTC, the path to $120K and beyond seems increasingly plausible.

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Trump’s EU Tariff Plan Wrecks Crypto: Bitcoin Dips to $108K, $100B Wiped Out

Trump Just Nuked the Crypto Vibe—Bitcoin Tanks

Y’all, the markets are spiraling and it’s all thanks to Trump’s latest TruthSocial mic drop. The U.S. prez wants a 50% tariff on the European Union starting June 1, 2025, and crypto bros are not vibing. The news hit like a brick—Bitcoin dropped 3%, sliding from a fresh ATH of $111K down to $108K. Ouch.

That’s not all—$100B just vanished from the crypto market like it never existed. Altcoins? All red. ETH, XRP, SOL, DOGE, ADA—everyone’s hurting, with dips up to 4%. The CoinMarketCap 100 Index? Down 2.84%. And trading volume? Cratered 32%.

Liquidations are going wild too. Over $308M in long positions got wiped out in just a few hours. Glassnode says total liquidations (long + short) hit $334M. That’s pure carnage.

Trump’s beef? He says the EU is exploiting the U.S. with trade barriers, taxes, and legal drama. He’s done playing nice. “No tariff if it’s made in the U.S.,” he posted. Cool cool.

But for crypto? This move might just be the start of a wild summer.

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3 Reasons xBTC Could Be Bitcoin’s Best DeFi Move Yet

OKX Just Gave Bitcoin a Whole New Life with xBTC

Let’s be real—Bitcoin has been the king of store-of-value, but when it comes to DeFi? It’s been pretty much sidelined. No smart contracts, no yield farming, no on-chain action. OKX just changed that.

Meet xBTC, a new wrapped version of Bitcoin that works on Solana, Sui, and Aptos. Here’s the kicker: every xBTC token is backed 1:1 by actual BTC sitting in OKX’s custody. So you’re not giving up your Bitcoin—you’re upgrading it.

How does it work? You deposit your Bitcoin, and OKX mints xBTC on-chain. Then, you’re free to use that xBTC like any other token—swap it, lend it, farm with it, or stack it as collateral. The big win? Zero minting or burning fees. Just pay your regular gas and you’re good.

Worried about whether it’s really backed? OKX has live proof-of-reserves, so you can verify the real BTC at any time. No sketchy accounting, no trust games. This isn’t another wrapped-token rug waiting to happen.

xBTC is launching on three of the fastest, cheapest chains in the game—Solana, Sui, and Aptos. OKX says more chains are coming. So yeah, Bitcoin is finally getting a seat at the DeFi table.

If you’re a BTC holder who’s tired of just HODLing and watching DeFi pass you by, this might be your move.

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Ethereum Eyes $3K as Bullish Momentum Builds

Ethereum Nears $3K: Bulls Take the Wheel

Ethereum (ETH) is flexing its muscles, climbing 4.5% in the past 24 hours to trade at $2,660.19. With a daily high of $2,680.18 and a low of $2,473.76, ETH is inching closer to the coveted $3,000 mark.

Analysts are buzzing about a bullish flag pattern forming on the daily chart, suggesting a potential breakout. If ETH can reclaim the $3,600 level, we might witness a significant surge, reminiscent of previous 90% gains when similar patterns emerged.

Investor sentiment is on the rise, fueled by Ethereum’s consistent performance and the broader crypto market’s upward trajectory. The recent uptick in ETH’s price is also attracting institutional interest, adding more fuel to the fire.

As Ethereum continues its upward journey, all eyes are on the $3,000 resistance level. Breaking through could set the stage for new all-time highs, making ETH a hot topic in crypto circles.

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3 Big Questions After Jack Mallers Teases Strike’s 5% Bitcoin Grab

Is Jack Mallers Trying to Become Bitcoin Royalty?

Jack Mallers, the face behind Strike, just dropped a wild hint that he and Tether could be planning to own up to 5% of all Bitcoin. Yeah, that’s not a typo. That’s nearly 1 million BTC — which, if true, would be one of the boldest plays in crypto history.

Mallers said it during an interview on the Supply Shock podcast, where he told people to “use your imagination.” That alone has crypto Twitter spinning. He didn’t confirm exactly how much Bitcoin they’ve bought or plan to buy, but he made it sound like they’re thinking long-term and thinking big.

What’s got people talking isn’t just the number—it’s the partnership. Strike and Tether teaming up raises real questions about centralization, power, and what it means when private companies aim to dominate the most decentralized asset.

So what’s the endgame? Mallers kept things vague, hinting at “doing good for the world” and combining the lessons he’s learned with Tether’s scale. Sounds visionary, but critics are watching closely. So far, no official roadmap or details have been released. Just one really big number—and a lot of speculation.

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Amalgam Scandal: $1M Crypto Fraud Unveiled, Founder Faces 82 Years

Amalgam Founder Exposed in $1M Crypto Scam

The founder of Amalgam just got smoked by the feds. Jeremy Jordan-Jones is now facing major legal heat after allegedly scamming investors out of over $1 million through fake crypto dreams and made-up partnerships.

He told people Amalgam was building next-gen blockchain point-of-sale systems. Sounded legit — until prosecutors dropped the receipts. Turns out Jordan-Jones faked collabs with the Golden State Warriors, a Premier League soccer team, and even a massive restaurant chain with 500+ locations. None of it was real.

Instead of building tech, he was balling in Miami — spending investor cash on high-end hotels, fancy cars, and designer fits. One major VC, Brown Venture Group, was told the funds would get Amalgam’s token listed on an exchange. Spoiler: it didn’t.

The U.S. Attorney didn’t hold back, calling the whole thing “brazen” and warning future scammers that their time is coming. It gets worse: Jordan-Jones also allegedly used fake docs to get a business credit card, then racked up $350K before the bank pulled the plug.

Now he’s facing charges for wire fraud, securities fraud, lying to banks, and aggravated identity theft. If convicted, dude could be locked up for 82 years.

It’s another cautionary tale in crypto — when the founder’s flexing more than coding, that’s your red flag.

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Insane !5 Reasons Why Trump’s Memecoin Dinner Sparks Outrage in D.C.

Trump’s Crypto Dinner for Memecoin Moguls Sparks Washington Firestorm

As Donald hosts a high-stakes dinner for over 200 of his top memecoin investors — including controversial crypto mogul Justin Sun — lawmakers and activists across Washington are sounding alarms.

Held at the Trump National Golf Club near D.C., the event offers premium access to the former president in exchange for multimillion-dollar coin buys. While guests dine, protesters and political opponents plan a full day of demonstrations, from the Capitol to the golf club gates.

Leading the charge is Rep. Maxine Waters, who decried the dinner as “an abuse of presidential influence for personal gain.” Waters will unveil a bill to block presidents and their families from launching or promoting crypto tokens while in office — part of a broader push to clamp down on perceived “crypto corruption.”

Meanwhile, Senators Warren, Murphy, and Merkley will host a press conference introducing the MEME Act, designed to prevent federal officials from profiting off digital assets during their tenure.

Despite Trump officials denying wrongdoing and defending their right to participate in markets, critics say this sets a dangerous precedent for pay-to-play politics in the crypto era.

As the stablecoin regulatory bill inches forward in the Senate, this showdown shows the digital asset space is now deeply entangled with the 2024 election fight — and the battle is just beginning.

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Solana Soars 5.7% as Staking Market Cap Overtakes Ethereum

Solana Surpasses Ethereum in Staking Market Cap Amid Price Surge

Solana (SOL) is making waves in the crypto world, recently surpassing Ethereum in staking market capitalization. According to Nansen CEO Alex Svanevik, SOL’s staking market cap reached $53.96 billion, edging out Ethereum’s $53.77 billion .

This milestone coincides with a notable price increase. As of May 22, 2025, SOL is trading at $178.18, up 5.7% in the past 24 hours .

The surge is attributed to SOL’s efficient network and growing adoption in decentralized applications. Analysts suggest that this momentum could position SOL as a formidable competitor to Ethereum in the long run.

Investors are keeping a close eye on Solana’s performance, especially with its recent achievements in staking and price appreciation. The crypto community is abuzz with discussions about SOL’s potential to reshape the decentralized finance landscape.

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Ethereum Supply Hits 18-Day Low as Burn Surge Sparks Bullish Pressure

Ethereum’s Getting Scarce Again — And That’s 🔥

Ethereum’s back on the move, and this time, it’s about what’s not there. On-chain stats just showed ETH’s circulating supply hit an 18-day low at ~120.69M. Translation: it’s getting rarer — and that could be bullish AF.

The reason? More people are actually using Ethereum’s main chain again. On May 7, over 474k wallets were active — the most in a month. That means more transactions, more gas, and way more ETH getting burned.

Etherscan confirms it — burn rate just hit early-May levels, with a chunk of ETH straight-up vanishing from circulation.

The recent Pectra upgrade seems to be fueling all this action. But hold up — even though ETH is getting spicy on-chain, market analysts still advise caution. Macro vibes and investor mood swings could easily flip the script.

Still, if this burn train keeps rolling and activity stays up, Gen Z bag holders might just catch that next ETH rally. Let’s see if scarcity makes ETH pop like it did in 2021.

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$BONK on the Brink: Whales Spark Devastating Sell-Off – 50% Retracement Ahead!

Bonk Is Looking Wobbly as Whales Rage Quit

Bonk ain’t bonking right now. The second-biggest meme coin on Solana is getting seriously nerfed, and the whales are the first to dip.

Trading at $0.00002053, its already down 20% from its monthly high. And now, both smart money and whales are saying, “Yeah, we’re out.” Wallets holding millions to trillions of the token are dumping tokens like it’s hot, with one tier shedding 500M coins since December. Oof.

Even smart money — the peeps who usually buy the bottom and sell the top — have cut their holdings in half. Their bags went from 33.4B to just 15.6B. Big yikes.

To make it worse, Bonk balances on exchanges are rising. Translation? More people are getting ready to sell. Combine that with a nasty-looking double-top and a bearish pennant on the charts, and we could be headed for a nasty dip.

Analysts say if it breaks below $0.00001815, we might slide all the way to $0.00001730. So yeah… unless a miracle memecoin pump hits, it might be in for some pain.

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