๐ CEO of Binance, #RichardTeng , is confident that Bitcoin will exceed $80,000 by the end of this year (source). He believes that the improvement in macroeconomic conditions in 2025 will be a strong driver for further growth in the crypto market.
๐ At the same time, analysts at Bernstein have raised their year-end 2025 #BTC target to $200,000 (source).
๐จ๐ณ Meanwhile, the Chinese, as always, have long-term plans. Chinese telecommunications giant Coolpad is investing $41,500,000 in mining and crypto companies (source).
๐บ๐ธ The Chinese need to catch up with the Americans. The total market capitalization of US-listed Bitcoin miners has increased (source) to $22.8 billion โ 7 companies have surpassed the $1 billion threshold.
๐ช๐บ Old Europe now strictly regulates stablecoins. Due to the implementation of new MiCA crypto regulation rules starting July 1, crypto exchange Uphold will cease support for the #Stablecoins $USDT, $DAI, $FRAX, $GUSD, $USDP , and $TUSD in Europe (source).
