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Here are the latest developments on Bitcoin (BTC) 📈: --- 📰 Top Stories and Market Impacts 1. Coinbase surges amid stablecoin & regulatory clarity Coinbase stock jumped after analysts raised price targets, citing its lead in USDC stablecoin operations and expansion into institutional crypto and perpetual futures—backed by new regulation like the GENIUS Act and Digital Asset Market Clarity Act . 2. U.S. Senate advances stablecoin framework The GENIUS Act passed the Senate and now moves to the House. It provides comprehensive rules for USD-backed stablecoins—mandating full reserves, audits, AML compliance—marking a milestone in crypto regulation . 3. BTC eyes $143K on technical breakout Rosenberg strategist Ed Campbell flagged a key resistance at $114K—once cleared, it could catapult BTC ~25% higher to $143K—boosted by ETF inflows, institutional demand, easing interest rates, and favorable regulation . 4. Corporate accumulation—formerly MicroStrategy adds $532M BTC MicroStrategy (now “Strategy”) acquired another $531.9 M), raising its total to around 597,325 BTC—amassing over $21 B in unrealized gains and reinforcing its position as a top corporate holder . 5. Strategic Bitcoin reserves gain traction The idea is expanding: Texas passed SB 21 to create a state Bitcoin reserve fund, signed June 22 . The U.S. federal government established its Strategic Bitcoin Reserve by executive order on March 6, 2025 . --- 🔍 Broader Trends & Forecasts BTC closed June at a record ~$107K, and analysts now expect it to test $115–143K in July, with some projections pushing toward $200K by end of 2025 (Bitwise, Standard Chartered) . Technical and seasonal trends historically favor July, with average monthly gains around 7%, and market positioning remains bullish . Institutional custody, spot ETF inflows (~$45B monthly), and tighter regulation all support Bitcoin’s maturation and potential new price highs . $BNB --- 📌 $BTC
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