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Gm and Happy Tuesday!

Bitcoin will hit $73,000 unless there’s a new narrative kickstarting the bull run, according to 10x Research. What could that be?

Anthony Scaramucci says Bitcoin is a valuable long-term asset, and the U.S. should hold it in its reserves. Here’s why.

Plus, don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

Click here to reserve your spot today!

TOP STORY

Bitcoin's Heading To $73,000 Without A Fresh Narrative: 10x Research

Bitcoin is on a steady trajectory toward $73,000, and the cryptocurrency market may need a new narrative to spark its next significant upward move, according to Markus Thielen, lead analyst at 10x Research.

"If history is any guide, the next major (up) move will require a new narrative," Thielen notes, pointing to the exhaustion of the meme coin frenzy that dominated early 2025.

What could be such a new narrative that kickstarts the bull run?

Read the full scoop here.

SPECIAL OFFER

Don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

Click here to reserve your spot today!

QUICK N DIRTY

XRP’s RLUSD stablecoin is (so far) not the big success that Ripple had hoped it would be. Its market share is only 0.7% — why?

Cathie Wood got started with Bitcoin in 2015. In a recent podcast, she reminisced about how that came to be and who she had to ask for ‘permission.’

Donald Trump hasn’t quite been a boon for crypto since he took office. But if the price action from his first term repeats, Bitcoin could hit crazy levels.

FINTECH FOCUS

Anthony Scaramucci Says Bitcoin Is ‘Digital Store Of Value’ And ‘The US Should Own It’

Bitcoin is a very valuable long-term strategic asset that the United States should hold in its reserves, according to Anthony Scaramucci.

In an interview with CNBC on Monday, Scaramucci praised the Trump administration's efforts to establish a Bitcoin reserve.

"It's a very valuable long-term strategic asset and I believe the U.S. should own it," he said.

But Scaramucci did not stop there. What else did he talk about on CNBC?

Read the full scoop here.

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