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Just caught up on the latest crypto moves and there's some wild stuff happening. So this major exchange is quietly pushing toward an IPO despite the market beating it up lately—apparently they filed confidentially back in November and are now getting backing from Deutsche Börse with a $200M investment. Pretty bold move when the market's been rough.
BTC is bouncing back nicely at $77.80K, up 4.15% in the last day, which is solid for bitcoin futures trading if you're watching the charts. ETH also looking decent at $2.44K (+4.44%), XRP at $1.48 (+4.06%), and SOL holding $89.98 (+3.93%).
But here's the funny part—Trump's hosting another crypto event at Mar-a-Lago on April 25, except the price of admission just crashed like 90%. Last year you needed like $5M in TRUMP tokens for VIP access, now people got in with barely $300K. The token itself is at $3.04, down from an ATH of $78.10. That's brutal.
Also, Virginia just passed a law protecting dormant crypto from being automatically liquidated into fiat—accounts have to stay in their original form for at least a year now. Honestly feels like the regulatory landscape is starting to shift a bit. You guys following any of these moves?