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🚨 BREAKING: U.S. Treasury Secretary Bessent says — "We are going BIG on
#Bitcoin
and crypto" 🔥
🏛 Regulation is coming... and it sounds bullish.
$BTC
#Crypto
#BitcoinRegulation
#BullRun
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⚠️ $XRP Faces Bearish Pressure as Peter Brandt Flags Double Top Risk ⚠️ Veteran trader Peter Brandt has turned cautious on XRP after spotting a double top pattern on the weekly chart, a structure often linked with trend reversals. According to Brandt, XRP has formed two major peaks this year, with a critical neckline support near $2. A sustained breakdown below this level could open the door for a deeper correction, with a potential downside target around $1. Brandt noted that while patterns can fail, traders should respect what the charts are signaling right now. “This has bearish implications,” he said, emphasizing discipline over bias. 📉 Market context: XRP is currently trading near $1.85, down 4% in the last 24 hours and nearly 50% off its July highs. Despite the price drop, trading volume has jumped 25%, pointing to heightened volatility and active positioning. 📊 Counter-argument: Some traders highlight that $XRP ’s weekly RSI sits around 33, a level often associated with oversold conditions. Historically, RSI rebounds have sometimes invalidated bearish patterns, and even Brandt acknowledged a rebound could make things “exciting.” 🐋 On-chain pressure: Adding to the caution, analyst Ali Martinez reports that whales have sold 1.18 billion XRP over the past four weeks, increasing downside pressure in the short term. 💡 With a key support level under threat, will XRP bounce from oversold territory or confirm the double top breakdown? All eyes are now on the $2 level
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🚀 USD1 Set for Major Expansion as World Liberty Taps Its Treasury USD1 is gaining momentum as World Liberty unveils a bold proposal to accelerate adoption using treasury-backed incentives. The plan suggests unlocking up to 5% of its treasury, potentially releasing around $120 million, to strengthen USD1’s presence across both centralized and decentralized exchanges. This move will be decided through a community governance vote, giving investors the choice to approve the partial treasury unlock, reject it, or abstain. If approved, the funds will be strategically deployed to boost liquidity, incentivize usage, and form deeper partnerships across CeFi and DeFi ecosystems. World Liberty’s treasury is currently valued near $2.4 billion, built from nearly 20 billion WLFI tokens reserved before the token sale. The proposal follows a previously approved buyback and burn plan, reinforcing the project’s long-term value strategy while maintaining transparency around incentive distribution. 📈 Why it matters: USD1 has already emerged as one of the fastest-growing stablecoins, reaching nearly $3 billion in TVL within just six months. Strong on-chain activity, integrations, and real-world use cases have helped USD1 secure a spot among the top 10 USD-pegged stablecoins by market cap, even as it trails leaders like PYUSD. Looking ahead, World Liberty plans to go beyond incentives. Future initiatives include tokenizing real-world commodities like oil and expanding cross-chain integrations, with discussions already involving major ecosystems such as Cardano. 💡 With treasury power, rapid growth, and ambitious expansion plans, is USD1 positioning itself as the next major stablecoin contender?
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🚀 Consensus Hong Kong 2026 is back 🌐 Join top speakers from Binance, Solana, Grayscale & more on Feb 10-12 Don't miss out on networking, innovation, and groundbreaking sessions Use Discount Code: COINGAPE20 for a special deal 🔗 Register Now:https://go.coindesk.com/hk26-coingapemedia
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🚀 Crypto leverage trading is exploding in 2025! 100x leverage is attracting both retail and pro traders and the right platform makes all the difference Watch the full story ⤵️
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$BTC Proxy Metaplanet Gains Backing from World’s Largest Sovereign Wealth Fund 🚨 A major institutional signal just dropped for Bitcoin-linked equities. Norges Bank Investment Management (NBIM) the world’s largest sovereign wealth fund with over $2 trillion AUM has unanimously approved all five management proposals from Metaplanet, often called Asia’s MicroStrategy. This decisive vote supports Metaplanet’s Bitcoin-first treasury strategy, including plans for a preferred shares offering, capital reduction, and accounting transfers, all set to be discussed at the upcoming Extraordinary General Meeting (EGM). The move strengthens Metaplanet’s long-term ambition to accumulate up to 100,000 BTC, positioning it as a leading corporate Bitcoin holder in Asia. Markets reacted quickly. Metaplanet shares rose 1.51% in Japan, closing at 404 JPY, even as Bitcoin faced short-term selling pressure. The stock has rebounded nearly 15% in recent sessions, although some gains were trimmed following BTC’s drop toward the $85K–$88K range. NBIM currently holds a 0.49% stake in Metaplanet, signaling growing institutional confidence. Notably, the fund also owns a 1.05% stake worth $1.1B in MicroStrategy (MSTR), highlighting a broader trend of sovereign capital aligning with Bitcoin treasury-driven companies. With global investors watching closely, this backing could significantly boost Metaplanet’s visibility and credibility ahead of the EGM. As Bitcoin trades sideways amid macro uncertainty and a potential Bank of Japan rate hike, institutional moves like this may shape the next phase of corporate BTC adoption. Is this the start of a new wave of sovereign-backed Bitcoin proxies?
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