Bitcoin Maintains Stability with Bullish $120K Target Amid Holiday Lull

Bitcoin demonstrated remarkable stability during the U.S. Memorial Day market pause, briefly touching $110,000 before consolidating within a narrow 1.6% range. Analysts remain bullish as technical indicators suggest an impending rally toward $120,000, with current levels holding at $109,191.04 USDT.

Bitcoin Holds Steady Amid U.S. Memorial Day Market Pause

Bitcoin’s price action remained subdued during the U.S. Memorial Day holiday, with trading volume thinning as traditional markets closed. The cryptocurrency briefly topped $110,000 before retracing to open levels, maintaining a tight 1.6% range throughout the session.

Technical analysts maintain their bullish outlook, with key indicators still pointing toward a potential rally to $120,000. The market’s sideways movement suggests traders are awaiting clearer signals before committing to new positions.

Robert Kiyosaki Touts Bitcoin as Path to Wealth, Highlights Scarcity

Robert Kiyosaki, author of ’Rich Dad Poor Dad,’ has doubled down on his bullish Bitcoin stance, calling it "the easiest way to get rich" in a recent social media post. His thesis hinges on scarcity dynamics—with just 1-2 million BTC left to mine, he argues even 0.01 BTC could become "priceless" within two years.

The cryptocurrency trades above $110,000 amid institutional demand, up 2.23% despite macroeconomic headwinds. Bond yield surges and geopolitical tensions appear to be driving capital toward bitcoin as a hedge, with technical analysis noting key support at $107,500 and resistance near $110,000.

Kiyosaki namechecks prominent advocates like Raoul Pal and Michael Saylor, while on-chain data reveals short-term holders beginning to exit—a potential contrarian signal for long-term investors.

Google Research Suggests Quantum Computers Could Break Bitcoin Encryption 20x Faster Than Previously Estimated

Google’s quantum computing team has published findings that could send shockwaves through the cryptocurrency sector. The research indicates quantum systems may require 20 times fewer resources than previously thought to crack RSA encryption - the cryptographic backbone securing Bitcoin wallets and traditional banking systems alike.

The original 2019 estimate suggested a 20-million-qubit machine WOULD need eight hours to factor 2048-bit RSA integers. The new paper dramatically revises these requirements downward, though the full technical details remain undisclosed in the excerpt. This advancement, while theoretical, accelerates the timeline for when quantum computing could threaten existing cryptographic standards.

Trump Media Aims to Raise $3 Billion for Bitcoin Investment

Donald Trump’s media venture is making a bold move into cryptocurrency. TRUMP Media & Technology Group plans to secure $3 billion in funding, with the capital earmarked for Bitcoin investments. This marks a significant escalation in Trump’s digital asset strategy, which already spans NFTs, metaverse projects, and proprietary stablecoins.

The proposed fundraising would value the company at $5.7 billion, with shares priced around $25.72. Market observers note the timing coincides with growing institutional interest in Bitcoin as both an inflation hedge and strategic reserve asset.

Political analysts suggest this MOVE could reshape crypto’s regulatory landscape, particularly if it gains traction among Trump’s substantial voter base. The announcement has already sparked debate about the convergence of finance, technology, and partisan politics.

Inside Trump’s Crypto Dinner: A Night of High Expectations and Bitcoin’s All-Time High

A gathering of cryptocurrency enthusiasts buzzed with anticipation at Donald Trump’s National Golf Club in Washington, D.C., as Bitcoin reached a record high. The event, styled like a wedding reception, drew figures like Nicholas Pinto, a social media influencer, who raced through traffic to attend.

The atmosphere crackled with speculation about U.S. crypto policy, though details remained scarce. Attendees received raffle tickets upon entry, mingling at tables set for nine—a scene blending political theater and crypto culture.