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#WhiteHouseCryptoSummit  JUST IN: 🇺🇸 El zar de las criptomonedas David Sacks dice que el gobierno de EE. UU. vendió 195,000 Bitcoin por $366 millones en los últimos 10 años. 
Esos Bitcoin valdrían $17 mil millones hoy. 
¡GRAN ERROR! 🤦🏻‍♂️

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$USDC $73 million in USDC was just minted, which is significant for traders as large stablecoin issuances often precede increased liquidity and potential price movements across major cryptocurrencies. Historically, such USDC minting events have correlated with heightened trading activity and upward volatility in Bitcoin, Ethereum, and altcoin markets due to fresh capital inflow (source: @rovercrc on Twitter, May 7, 2025). Market participants should monitor on-chain flows to spot where this USDC will be deployed, as this could signal short-term bullish momentum for leading digital assets.

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$BTC The Bitcoin (BTC) price fell over 30% three months after its all-time high, reaching a low of $74,434 in April. A significant rally ensued, breaking several resistance levels without retracement, and Bitcoin’s price reached $100,000 today. The rally’s strength leads to the question: Will Bitcoin reach a new all-time high, or will it falter before doing so? Let’s find out. Bitcoin Price Clears $100,000 The daily time frame analysis shows that Bitcoin’s price has increased rapidly since April 20, breaking from a descending resistance trend line. While the price initially struggled at the 0.618 Fibonacci retracement resistance of $96,400, it broke out this week, reaching a high of $100,000

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#StripeStablecoinAccounts Three months ago Stripe completed its $1.1 billion acquisition of stablecoin orchestration firm Bridge and yesterday it revealed that Stablecoin Financial Accounts using Bridge’s technology are now available in 101 countries. Bridge still operates independently from Stripe, but the payments firm will leverage its technology, as in this example. The stablecoin accounts particularly target businesses in countries with volatile currencies to enable them to hold dollar stablecoins. These organizations can receive money in crypto or via bank transfers and pay globally using stablecoins

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#BTCBreaks99K Bitcoin Bitcoin btc 2.89% Bitcoin rose to $99,415 as bulls attempted to push it above the key psychological level of $100,000, potentially paving the way for a retest of its all-time high of $109,300. Some of the top-performing altcoins were Pudgy Penguins Pudgy Penguins pengu 31.37% Pudgy Penguins, Virtuals Protocol Virtuals Protocol virtual 24.64% Virtuals Protocol, Brett Brett brett 24.22% Brett, and Pepe (PEPE). This rally pushed the market cap of all coins to over $3.10 trillion.

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#MarketRebound Here’s what it may take for this beaten-down stock market to solidly rebound The clock striking midnight on Trump’s tariffs set off some wild trading action early Wednesday. Stock futures have been all over the map, since an early slump, though catching more attention has been dramatic action for 10-year Treasury yields that spiked earlier and are climbing again: An auction of 10-year paper later will offer more clues about appetite for U.S. Treasurys, as some have begun to consider a possible emergency rate cut from the Fed.As for stocks, some, like our call of the day from Revere Asset Management portfolio manager Connor Bates, say stocks are poised for a bounce. He says a “short-covering rally in the coming sessions” is likely. “Traders are scared to hold positions overnight, and frustration with the market is widespread. Most people, especially those who’ve been burned recently, have little to no interest in getting involved right now,” Bates said in a string of posts on X.“Monday’s lows are a critical line in the sand — if these levels are convincingly broken, the probabilities for a bounce decrease significantly. However, keep an eye out for an undercut and reclaim scenario,” he said, referring to, for example, the S&P 500 dropping below a key support level, then quickly bouncing back above it. The S&P 500 SPX +9.52% hit a low of 4,835 on Monday. He’s not alone with the rebound call. Raoul Pal, co-founder and CEO of Real Vision financial media company, posted on X that the current market “feels a lot like Dec. 2018.” Stocks had endured weeks of selling and a brutal Christmas Eve, but in January 2019, Fed Chair Jerome Powell signaled a dovish pivot and equities rallied. “I think we get the same, plus a trade resolution with China. Risk in stocks feels like 10% downside max vs 15% upside in 2 weeks, and 25% upside in a month or two, and much more in 6 months,” he wrote.

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