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$18.5 billion in short positions could be liquidated if Bitcoin reaches $130K, potentially fueling a massive price spike.Massive Short Positions Under PressureWhy $130K Is the Critical LevelMarket Outlook Ahead
The US national debt has reached a historic $37 trillion, raising concerns over economic stability and inflation.A New Debt Milestone for the USEconomic Risks and Inflation ConcernsImpact on Markets and Alternative Assets
Historical patterns suggest Dogecoin could be gearing up for another massive rally.Historical Cycles Fuel Bullish SpeculationWhy the “Moonshot” Narrative ReturnsRisks and Rewards for Traders
Eric Trump warns against shorting Ethereum, predicting ETH could soon hit $8,000.Eric Trump’s Bold Call on ETHWhy $8,000 Could Be PossibleMarket Reaction and Caution
- 23:19Florida plans to allow the state CFO and Pension Board to invest in bitcoin and digital asset ETFsJinse Finance reported that the Florida House of Representatives has introduced Bill HB 183, which proposes to allow the state Chief Financial Officer and the State Pension Board to invest up to 10% of public funds in bitcoin, tokenized securities, NFTs, and crypto ETFs. The bill positions bitcoin as a potential store of value and inflation hedge for state funds, and allows residents to use digital assets to pay certain taxes and fees, with payments converted to US dollars and deposited into the state treasury. If passed, the bill will still require approval by the Senate and the Governor's signature, and is scheduled to take effect on July 1, 2026. This move continues the trend of states promoting bitcoin reserve plans in 2025.
- 23:19Polymarket: 34% probability that Bitcoin will fall below $100,000 by the end of OctoberAccording to a report by Jinse Finance, as disclosed by Cointelegraph, traders on the Polymarket platform believe there is a 34% probability that bitcoin will fall below $100,000 by the end of October, while the probability of it surpassing $130,000 remains below 10%.
- 23:12US SEC Commissioner Hester Peirce: Focus on Tokenization, Calls for Strengthening Financial PrivacyJinse Finance reported that U.S. SEC Commissioner Hester Peirce stated that tokenization is currently a key focus for institutions, and that the SEC is studying issues such as token distribution, trading definitions, and crypto asset custody, while working with Congress to develop regulatory frameworks. She emphasized the importance of financial privacy and said that cryptocurrencies provide an opportunity to reassess the Bank Secrecy Act as well as AML/KYC requirements. Meanwhile, due to the U.S. government shutdown, the SEC's work, including approvals for crypto ETFs, has come to a near standstill.