Crypto News Roundup: Bitcoin Act, Market Moves, and XRP Community Power

Big news in the US: a new bill proposes the Treasury buy 1 million Bitcoin over five years,

aiming to create a strategic Bitcoin reserve.

Backed by President Trump, this could make Bitcoin a formal reserve asset and potentially drive prices higher.

Meanwhile, companies like MicroStrategy and Metaplanet keep stacking Bitcoin, with MicroStrategy now holding over 580,000 BTC.

Hong Kong’s Reitar is also planning a $1.5 billion Bitcoin buy, and VivoPower is moving $100 million into

XRP, showing growing institutional interest in crypto treasuries.

Bitcoin’s price is in a critical phase, trading around $105,000 after a recent drop from $112,000.

Technical patterns suggest possible further volatility, with some analysts eyeing $97,000 as a key support.

Whale investors are making big moves—some are holding for the long term, while others are cashing out billions.

Despite Elon Musk’s new XChat app with 'Bitcoin-style encryption,' the market barely reacted, showing his influence may be

fading.

Experts say macro trends, regulations, and whale activity all play a role in Bitcoin’s price swings.

The XRP community is making waves after a successful Las Vegas event, with Ripple CEO Brad Garlinghouse calling

for unity in crypto.

He emphasized that Bitcoin isn’t XRP’s enemy, saying, 'It’s not a zero-sum game.' Institutional players like JPMorgan and

Citi are taking notice, and Bitwise’s CIO credits XRP’s strong community for its success.

Ripple is also expanding into traditional finance, aiming to bridge DeFi and Wall Street.

The message: collaboration, not rivalry, will drive mass adoption.

Regulators are making moves worldwide.

The US SEC faces criticism for shifting its stance on crypto staking, while Singapore is ordering local crypto

firms to halt overseas operations by June 30.

In South Korea, both presidential candidates support pro-crypto policies, promising to expand access and legalize spot ETFs.

Meanwhile, Ethereum is teaming up with Base for a new initiative, and Infinex is launching a major airdrop

and adding Avalanche support, driving ecosystem growth.

Despite short-term volatility, long-term sentiment remains bullish.

AI models predict Bitcoin could hit $118,000 by the end of June, while experts like Michael Saylor and

Robert Kiyosaki urge investors to focus on hard assets like Bitcoin and silver.

The key takeaway: crypto’s future is shaped by a mix of whales, developers, regulators, and community sentiment.

Stay alert, manage your risk, and watch for the next big move!