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  • Represent Déjà vu? Last time the US reopened after a shutdown, Bitcoin soared 300% in 5 months - what will happen this time? article
    2m read

    Déjà vu? Last time the US reopened after a shutdown, Bitcoin soared 300% in 5 months - what will happen this time?

    Is history repeating for Bitcoin? As the U.S. government inches towards ending its 40-day shutdown, investors recall the 2019 reopening rally where Bitcoin soared 300% in five months. This article explores whether similar gains are possible now, with Bitcoin trading around $106,000, driven by ETF inflows and whale accumulation. While optimism for a $150,000 target exists, current macro headwinds like the Fed’s hawkish stance and 3.4% inflation present a different landscape than 2019. Understand the market dynamics and expert forecasts for Bitcoin's trajectory amidst policy clarity.

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  • Represent Bitcoin's $100k question: Here's why BTC, XRP, SOL may surge this week article
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    Bitcoin's $100k question: Here's why BTC, XRP, SOL may surge this week

    Bitcoin has rebounded above $103,000, boosting altcoins like XRP and Solana. The SOFR-EFFR spread has sharply dropped, signaling improved financial system liquidity and reduced stress. Additionally, the dollar index's rally has stalled, and borrowing from the Federal Reserve's repo facility has declined to zero. These positive shifts in the U.S. financial system create a compelling case for Bitcoin and the broader crypto market to rally this week. Stay informed on these crucial indicators to understand potential renewed investor risk-taking and market movements.
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  • Represent China's "Goddess Of Wealth" Faces Jail In UK Over $6 Billion Bitcoin Scam article
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    China's "Goddess Of Wealth" Faces Jail In UK Over $6 Billion Bitcoin Scam

    Chinese businesswoman Zhimin Qian, known as the 'Goddess of Wealth', faces a significant jail sentence in the UK for her role in a $6 billion Bitcoin scam. She defrauded over 128,000 victims in China through a Ponzi scheme, converting the illicit funds into Bitcoin. UK police made their largest-ever cryptocurrency seizure, recovering over $6 billion worth of Bitcoin connected to her. Qian, who fled China, pleaded guilty to acquiring and possessing criminal property and is awaiting sentencing. The case highlights the scale of international financial crime involving cryptocurrency and the severe impact on victims, some of whom lost their life savings.

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  • Represent Crypto prices rise as Trump announces ‘at least’ $2K tariff dividend per American article
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    Crypto prices rise as Trump announces ‘at least’ $2K tariff dividend per American

    U.S. President Donald Trump's announcement of a 'tariff dividend' of at least $2,000 for most Americans has spurred a modest rally in cryptocurrency prices, including Bitcoin, Ethereum, and Solana. This recovery follows a weekly slump for the CoinDesk 20 index.

    While the news suggests potential for increased consumer spending and crypto market inflows, the actual payment faces significant legislative and budgetary hurdles. Federal spending requires Congressional approval, and the revenue generated from tariffs so far falls substantially short of the estimated $300 billion needed to fund such a dividend, making immediate distribution unlikely. This highlights the complexities of implementing such a large-scale financial policy and its potential, albeit speculative, impact on digital asset markets.

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  • Represent Best continue: Michael Saylor hints at buying more Bitcoin article
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    Best continue: Michael Saylor hints at buying more Bitcoin

    Michael Saylor, founder of Strategy (formerly MicroStrategy), signaled further Bitcoin accumulation with a "Best continue" post, revealing his firm holds 641,205 BTC with an $18 billion unrealized profit. The company recently added 397 BTC, marking its 85th purchase. Despite concerns, Saylor's strategy of continuous Bitcoin acquisition and leveraging remains stable, riding on Bitcoin's 700% growth since late 2022. This update highlights Strategy's ongoing commitment to its massive Bitcoin treasury and its continued confidence in the cryptocurrency.

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