Crypto Pulse of the Day: Trump’s Trade Plan & Key Crypto Events
President Donald Trump unveiled a phased approach to trade talks with 18 partner countries over the next two months, with a potential pause until July 8. China, Mexico, and Canada will conduct separate bilateral discussions on tariffs. Details of each country’s terms have not yet been released .
Lummis Criticizes the Fed
Senator Cynthia Lummis publicly rebuked the Federal Reserve for merely rescinding select crypto guidance letters, arguing that banks still face unlawful account blocks and reputational pressures when serving crypto clients .
Elliott Wave Analysis for Bitcoin
According to Elliott wave mapping, Bitcoin’s price chart perfectly aligns with a classic cyclical market pattern. Until a significant deviation occurs, the model predicts a continuation of the current downward trajectory .
Citibank Forecast for Stablecoins and Bitcoin
A Citibank report projects the stablecoin market to grow to $1.6 trillion under a base case and $3.7 trillion in an optimistic scenario by 2030. Concurrently, Bitcoin could reach $285 000 in the base case and $475 000 under the optimistic outlook. With a conservative 25 % stablecoin growth, BTC prices may range between $190 000 and $237 500 by 2030 .
First-ever Spot XRP ETF
Hashdex launched the world’s first spot XRP ETF on Brazil’s B3 exchange, granting investors regulated access to XRP tokens .
SuperZweig Signal on NYSE
The SuperZweig indicator flashed on the New York Stock Exchange for the eighth time in history; in each of the previous seven occurrences, the S&P 500 rose by at least 20 % within a year .
Social Optimism and the $95 000 Milestone
Bitcoin surpassed $95 000 for the first time since February, triggering a surge in positive sentiment on social media to levels not seen since Trump’s November 5, 2024, election night. Analysts warn of a possible correction or a calm weekend before whales push BTC toward $100 000 .
DeFi Development Company’s $1 Billion Filing
DeFi Development Company (the “MSTR of Solana”) filed a $1 billion shelf registration with the SEC to fund Solana-based investments .
Solscan Search Phishing Link
The top Google result for “Solscan” turned out to be a phishing ad posing as the official Solana block explorer .
SEC and Bitcoin Custody
SEC Commissioner Mark Uyeda proposed allowing state chartered trust companies to custody Bitcoin and other cryptocurrencies alongside traditional assets .
Justin Sun’s Ethereum $5 000 Prediction
TRON founder Justin Sun noted that Ethereum’s launch anniversary coincides with his birthday and predicted ETH would hit $5 000 by July 30, inviting the community to celebrate together .
BlackRock and Tokenized Treasuries Market
BlackRock and five other issuers now control 88 % of the tokenized U.S. Treasury market. BlackRock’s BUIDL fund holds 41 % with a $2.5 billion market cap—360 % more than its nearest rival .
News
Bitcoin Enters Price Discovery as Whale Trades and Macro Signals Roar
Bitcoin hits new all-time highs eyeing $116K–$148K levels, a 40× whale long nets $40M, Fed’s $50B self-buy sparks hyperinflation warnings, and analysts see BTC at $120K+ soon.
Whale Opens $830 M 40× BTC Long; Hayes & Novogratz Issue Bold Crypto Forecasts; Key Legislative and Tech Updates
A BTC whale takes a $830 M 40× long, Bitcoin logs six consecutive green weeks, the GENIUS Act advances in the Senate, and Arthur Hayes predicts ETH at $10K–$15K as Solana’s Alpenglow upgrade nears.
GENIUS Act Advances in Senate as Crypto Markets Rally on Regulatory Clarity and Network Milestones
The GENIUS Act moves to full Senate debate ahead of Memorial Day, while Bitcoin and altcoins benefit from reduced exchange reserves, protocol upgrades, and bullish forecasts from industry leaders.
Bitcoin Closes at $106,500, Dollar Falls After Moody’s Downgrade, and Hayes & Novogratz Forecast Crypto’s Next Moves
Bitcoin hit a record weekly close of $106,500; the dollar slid to 100.85 after Moody’s downgrade; Arthur Hayes forecasts a summer altseason and $250K BTC, Michael Novogratz sees a $22 trillion crypto market.
Key Crypto and Market Updates: Arrests, Network Milestones, and DeFi Developments
Ex-Binance exec arrested for $15M fraud; Avalanche hits 1.95M active addresses; over 1M ETH withdrawn from exchanges; Fusaka devnet on May 26; MetaMask adds Solana; consumer sentiment at 43-year low.
