The crypto weekend just proved something we rarely see – actual quiet. Bitcoin’s sitting comfortably around $107K after pulling back 4% from its all-time high above $111,000 this week. The market’s keeping its cool too. The CMC Crypto Fear and Greed Index is holding steady at 67, firmly planted in the Greed Zone. It’s weird when crypto markets actually respect weekends like traditional finance. So what’s been happening while the charts took a nap?
Let’s catch you up on today’s biggest crypto stories:
- Michael Saylor hints at MicroStrategy’s seventh straight week of Bitcoin buying. How much has MicroStrategy made from their Bitcoin strategy so far? 🤔
- Dubai becomes first government to tokenize real estate on XRP Ledger with 3,000+ signups. Why did Dubai choose XRP over Ethereum for government tokenization? 🤔
- XRP forms golden cross against Bitcoin, breaking 2020 sideways pattern as traders predict $8. What exactly is behind this bullish market sentiment? 💎
- Franck Muller releases a $24,300 watch with embedded Solana wallet on the dial. What’s the price of these watches? 🤔
- Bitcoin whale James Wynn loses $17.5M, then opens $1B short position with 40x leverage. What made a profitable whale suddenly flip bearish on Bitcoin? 🔒
Let’s dive in after the market overview!
MicroStrategy Hints at Seventh Straight Week of Bitcoin Buying
Michael Saylor just posted his most cryptic Bitcoin message yet: “I only buy Bitcoin with money I can’t afford to lose.”
The MicroStrategy co-founder posted this to his 4.3 million followers right as Bitcoin pulled back from its all-time high. Market watchers are reading it as a not-so-subtle hint that another massive purchase is coming.
How much has MicroStrategy made from their Bitcoin strategy so far? Read the full story!
Dubai Government Chooses XRP Over Ethereum for Real Estate
Dubai just became the first government in the world to tokenize real estate on the XRP Ledger, and over 3,000 people have already signed up.
The Dubai Land Department’s pilot program launched in March, allowing UAE residents to buy fractional ownership of government properties for as little as 2,000 dirhams. They specifically chose XRP Ledger over Ethereum or any other blockchain.
Why did Dubai choose XRP over Ethereum for government tokenization? Read the full story!
Traders Predict XRP Will Hit Eight Dollars
XRP just formed a golden cross against Bitcoin on weekly charts, breaking out of a sideways pattern that’s lasted since 2020.
Bitget Research’s Chief Analyst Ryan Lee is predicting XRP could reach $3 to $8 in the medium term following these technical breakout patterns.
What exactly is behind this bullish market sentiment? Read the full story!
Franck Muller Launches Solana Wallet You Wear on Your Wrist
Swiss watchmaker Franck Muller just released a limited-edition watch collection with your Solana wallet embedded on the dial.
The company is limiting this collection to 1,111 pieces, each featuring a unique QR code that links directly to the owner’s Solana wallet address. It’s designed to unlock exclusive events and on-chain experiences.
What’s the price of these watches? Read the full story!
Bitcoin Whale Loses Millions Then Goes Short
James Wynn, one of Hyperliquid’s most watched traders, just pulled off one of the most dramatic reversals in crypto history.
The whale closed his $1.2 billion Bitcoin long position on Saturday, taking a $17.5 million loss. Less than 24 hours later, he opened an even bigger short position worth over $1 billion with 40x leverage.
His new position is essentially betting his entire $50 million wallet that Bitcoin will fall. If Bitcoin rises just 3% to $110,446, his entire position gets liquidated.
What made a profitable whale suddenly flip bearish on Bitcoin? Read the full story!
