Bitcoin Hits ATH Again 🚀

What we’ll cover today:

🔸 Bitcoin hits another ATH…. what’s fueling it?
🔸 DeFi beats the IRS in a landmark move
🔸 SHIB’s rally? Might be a fakeout

Bitcoin Hits ATH Again 🚀

Bitcoin (BTC) and the Dow Jones both jumped, despite Trump threatening Brazil with a 50% tariff. Yep, classic crypto chaos.

🚨 Breaking News:
Bitcoin smashed a new all-time high of $113,358.50, riding ETF demand and a falling dollar, while Trump stirred trade war fears.

⚡Wire Simplified –

• Bitcoin is up 3.65% in 24 hours, and nearly 96% YoY

• ETF flows + bullish institutions = liftoff

• Altcoins like Ethereum also pumped harder than BTC

• Dow Jones climbed 270 points, ignoring Trump’s tariff threats

• Trump threatened Brazil with 50% tariffs over Bolsonaro drama (yes, really)

✔️ Straight to the Point:
Crypto’s thriving while geopolitics get messier. ETF demand fuels Bitcoin highs, but trade war vibes could shake up the party.

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DeFi Wins IRS Battle ⚖️

DeFi platforms (like Uniswap, Aave) just won big. No more IRS reporting rule. Congress killed it, and Trump made it final.

🚨 Breaking News:
The IRS can no longer force DeFi apps to send user data (1099-DA forms), thanks to Congress repealing the rule.

⚡Wire Simplified –

• Biden-era IRS rule = dead

• Applies only to non-custodial DeFi apps (e.g., DEXs)

• Centralized exchanges still have to report

• Users still have to self-report profits/losses

• IRS can't reintroduce a similar rule unless Congress approves

✔️ Straight to the Point:
It’s a win for decentralization and DeFi innovation. But hey, you still need to file your taxes. No more lazy excuses.

Shiba Inu Might Tank 🐶📉

SHIB saw a small price bump, but whales are still ghosting it. Meme magic might be fading unless something crazy happens.

🚨 Breaking News:
Shiba Inu jumped to $0.000012, but low whale activity and weak market signals suggest the rally could collapse soon.

⚡Wire Simplified –

• SHIB rose 3.44%, but far behind Dogecoin and Pepe

• Whales are selling. Bad sign for momentum

• Spot and futures volumes remain weak

• SHIB’s ecosystem (like Shibarium) isn’t gaining traction

• Technical analysis hints at a bearish breakdown coming

✔️ Straight to the Point:
This SHIB rally may just be a fakeout. Weak volume + no whale love = meme coin caution zone. Stay sharp.