Digital Assets Decoded: Your Daily Crypto Guide

Crypto Surge: Bitcoin Hits $105K, VPs Bullish, and Ethereum's Pectra Upgrade Goes Live


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Digital Assets Decoded: Your Daily Crypto Guide podcast.

# Digital Assets Decoded: Your Daily Crypto Guide

Hey there, Crypto Willy here with your weekly roundup of everything happening in the crypto universe!

What a wild week it's been in the crypto world! Bitcoin has been on quite the rollercoaster, breaking the $100,000 mark for the first time since February and reaching an impressive $105,787 on May 12th. The surge came following the Federal Open Market Committee meeting on May 8th, where Jerome Powell emphasized caution before implementing rate cuts. A developing U.S.-China trade deal further fueled these gains.

Speaking of big moves, Vice President JD Vance is set to headline the Bitcoin 2025 conference in Las Vegas from May 27th to 29th, marking the first time a sitting VP has headlined this event. He'll be joined by Donald Trump Jr., Eric Trump, and David Sacks, making this a political powerhouse gathering in the crypto space.

On the regulatory front, New Hampshire has signed a bill allowing up to 5% of public funds to be invested in digital assets with market caps above $500 billion. Meanwhile, Arizona has updated its unclaimed property laws to establish a Bitcoin and Digital Asset Reserve Fund. However, in Florida, two similar Bitcoin bills were withdrawn.

For you XRP fans out there, XenDex is making moves by preparing for its first security audit and unveiling a platform mockup. If you've been following their $XDX token, now might be the time to take a closer look.

Institutional adoption continues to accelerate with Metaplanet adding 1,241 BTC to its holdings, bringing its total to 6,796 BTC (valued at approximately $706 million). Tim Draper made waves by stating that companies without bitcoin treasuries are "being irresponsible," while Michael Saylor shared how AI tools have helped Strategy fund their Bitcoin purchases. Strategy added another 1,895 BTC last week, worth about $180 million.

Ethereum isn't sitting quietly either. Crypto traders are betting heavily on ETH reaching $6,000 by December 26th through bull call spreads, and the recent Ethereum Pectra upgrade has gone live, contributing to the overall bullish sentiment.

As I look at the market today, Bitcoin is hovering near $106K, while Ethereum has surged 8%. This crypto market resilience stands in stark contrast to declines in equities and gold following Moody's U.S. credit downgrade.

Some analysts are suggesting we might be entering what they're calling the "Omega Bull" market, with Bitcoin Treasury Companies emerging globally as "perpetual HODL liquidity vacuums" in regulated markets, potentially making another Bitcoin crash increasingly unlikely.

That's all for this week's roundup! This is Crypto Willy, your neighborhood crypto enthusiast, signing off. Keep those digital assets secure and your eyes on the charts!

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Digital Assets Decoded: Your Daily Crypto GuideBy Quiet. Please