Bitcoin’s Wild Ride: Why It’s Back on the High Horse! 🐴💰

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Well, well, well! It seems our dear friend Bitcoin has decided to rise from the ashes like a phoenix on a caffeine high, bouncing back to nearly $110,000 early on this fine Monday morning, May 26, 2025. Just a weekend ago, it was sulking below $109,000, but who can blame it? A 2% dip followed the announcement from our illustrious President Trump, who declared a 50% tariff on European goods, including those shiny Apple iPhones that folks seem to love more than their own children.

But fret not, dear reader! The tariff won’t kick in until July 9, giving everyone ample time to panic and adjust their portfolios. As the sun rises, both U.S. and European equity futures are looking up, while the dollar is taking a nosedive to multi-month lows. At the time of this scribbling, Bitcoin has taken a slight tumble, trading at $109,952, but don’t let that fool you; many are convinced this rally is just getting started, like a dog chasing its tail.

Japan’s Wallet Gets a Workout 💸

Now, let’s turn our gaze to Japan, where the government is preparing to throw around 900 billion yen (that’s about $6.3 billion for those counting in dollars) to cushion the blow from Uncle Sam’s tariffs. Prime Minister Shigeru Ishiba, bless his heart, assures us this package will protect industries like auto and steel, which are likely to feel the pinch more than a cat in a room full of rocking chairs.

In a recent tête-à-tête, Tokyo and Washington decided to hasten their tariff negotiations, hoping to strike a deal that leaves both sides grinning like Cheshire cats. Japan, facing a mountain of tariffs on cars, steel, and aluminum, is pushing for the removal of these pesky levies, while their economic revitalization minister, Ryosei Akazawa, is busy shaking hands with U.S. officials and planning more talks with Treasury Secretary Scott Bessent. Ishiba is hoping to make some headway during the upcoming G-7 summit in Canada, where they’ll likely discuss everything from tariffs to the best way to brew a cup of coffee.

Meanwhile, Japan’s bond yields are hitting new heights, with the 30-year government bond yield reaching a staggering 3.185% on May 20, 2025, before settling down to a more modest 3.115% on May 23. This rise has investors scratching their heads, wondering if Japan can manage its debt, which is over 250% of its GDP. For comparison, Germany’s debt-to-GDP ratio is a mere 62%, but both countries are sporting similar bond yields of around 3.1%. It’s enough to make one’s head spin faster than a whirligig!

Something does not add up here:

The Bank of Japan currently has a policy rate of 0.50% and Japan has a Debt-to-GDP ratio of 250%+.

Meanwhile, Germany has a policy rate of 2.25% (4.5x higher) and a Debt-to-GDP ratio of just 62% (1/4 of Japan’s).

However, 30Y Government Bonds in…

— The Kobeissi Letter (@KobeissiLetter) May 25, 2025

As the volatility in Japan’s bond market spreads fear like a rumor in a small town, investors are turning their eyes to Bitcoin, viewing it as a safe haven free from government meddling. Who would have thought a digital currency could be the new gold? Well, here we are!

Bitcoin Conference 2025: A Gathering of the Crypto Clan 🎉

And speaking of Bitcoin, the biggest shindig of the year, the Bitcoin Conference 2025, is set to take place from May 27 to May 29 at the Venetian Conference Center in Las Vegas. Crypto enthusiasts are buzzing with excitement, and the event is expected to draw over 30,000 attendees and feature more than 400 speakers. It’s like a family reunion, but with fewer awkward conversations and more blockchain talk!

Topics galore will be discussed, especially the development of Bitcoin’s cutting-edge ecosystem and the new Layer 2 (L2) solutions like BitVM2 bridges, which are designed to unlock the powerful decentralized applications on Bitcoin. The crypto crowd is optimistic, believing this event could spark further bullish momentum for Bitcoin. Currently, it’s consolidating between an intraday low of $107,020 and its all-time high, while crypto analyst BitBull is predicting a breakout that could see prices soar to $155,000 next. Hold onto your hats, folks!

$BTC has completed the breakout. Now it’s about follow-through.
⁰Clean breakout from consolidation, retest underway.

If this structure holds, the next target zone is ⁰$155K in sight —

Momentum only needs a trigger.

— BitBull (@AkaBull_) May 25, 2025

Corporate Giants Join the Bitcoin Bandwagon 🚀

And if that wasn’t enough, corporate entities are jumping on the Bitcoin bandwagon like it’s the latest dance craze. Strategy, the world’s largest corporate Bitcoin investor, just announced it snagged another 4,020 Bitcoin worth approximately $427.1 million between May 19 and 23. That’s a hefty chunk of change, folks!

With this latest purchase made at an average price of $106,237 per coin, Strategy’s total BTC holdings now stand at around 580,250 BTC, valued at about $40.6 billion at an average price of $69,979 per coin. Talk about a treasure chest!

In a similar vein, DDC Enterprise, a Hong Kong-based company, has also announced the acquisition of 21 Bitcoin worth around $2.3 million as part of its grand plan to make Bitcoin its core treasury asset. It seems everyone wants a piece of the Bitcoin pie, and who can blame them?

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2025-05-26 20:22