Litentry (LIT)

Bumpy road, but we did it - $LIT to $2

This was the general idea, with some in-and-out position management along the way. https://t.co/WZ8rQdNI7O

✨ BS KOL Club Weekly Recommended Projects #Issue112

This week’s recommended assets: $LIT, $JTO, and $XLM.

Bitcoin briefly fell below $58,000 today, marking a new 21-month low, before rebounding slightly. On the macro side, the market is focusing on tonight’s (U.S. Eastern Time) release of the U.S. ADP employment data and the upcoming non-farm payroll report, as investors look for clues about the Federal Reserve’s future interest rate path. Expectations of prolonged high interest rates continue to weigh on Bitcoin and the broader crypto market, keeping short-term sentiment cautious.

The EU MiCA regulation officially came into full effect today, with the transition period ending on July 1. Crypto asset service providers that have not obtained authorization will be required to gradually withdraw from the EU market. The market expects this move to accelerate compliance among exchanges and further increase the market share of major regulated platforms. While it may cause short-term volatility, it is seen as potentially providing a more robust regulatory framework for major assets such as Bitcoin and Ethereum in the long run.

Donald Trump’s latest 2025 financial disclosure shows that his crypto-related income exceeded $1.4 billion, primarily derived from World Liberty Financial, the $TRUMP Meme Coin, and related ventures. This further highlights how crypto assets are increasingly integrating into mainstream U.S. political and financial systems, while also sparking widespread concerns over potential conflicts of interest and the future direction of crypto regulation.

#cryptocurrency #BTC #WLFI #AI #Lighter #Jito #Stellar