The White House&#8217;s stance may delay the sovereign wealth fund&#8217;s development, impacting economic strategies and national security plans. The post White House rejects parts of Trump advisers’ sovereign wealth fund proposal appeared first on Crypto Briefing.

White House rejects parts of Trump advisers’ sovereign wealth fund proposal

Bitcoin price rallied this week, hitting the important resistance level at 
$104,000 for the first time since February. Bitcoin (BTC) rebounded by nearly 
40% from its April low, sparking a broader altcoin rally. Bitcoin’s market cap 
has surged past $2…

Will Bitcoin price hit $110k as crypto fear and greed index turns green?

The Dow Jones Industrial Average, S&amp;P 500, and Nasdaq rose on Friday as 
investors responded positively to signs of a potential de-escalation in the 
ongoing tariff war between the United States and China. U.S. stocks picked up 
where they left…

Dow inches higher while S&P 500, Nasdaq climb as U.S.-China trade talks loom

The introduction of Ethereum and Solana futures on Brazil&#8217;s B3 could enhance 
market sophistication and attract more institutional investors.
The post Ethereum, Solana futures contracts to debut on Brazil&#8217;s leading stock 
exchange next month appeared first on Crypto Briefing.

Ethereum, Solana futures contracts to debut on Brazil’s leading stock exchange next month

In what could be a historic move for cryptocurrency in the retail industry, 
Steak ‘n Shake, the popular American fast food chain, will start accepting 
Bitcoin payments on May 16. Experts believe that Bitcoin couldn&#8217;t work as a 
day-to-day mode of payment due to the additional stress on its network, which 
would challenge the blockchain&#8217;s speed, cost, and scalability. However, this 
is not the first time, and certainly not the last, that we’re seeing 
cryptocurrency integration on the retail channel. In this article, we&#8217;ll 
briefly explore just how bullish corporations are on ‘digital gold.’ Read 
until the end because we&#8217;ll also suggest the best new crypto to buy today to 
benefit from large institutions&#8217; vote of confidence in crypto. Cryptocurrency 
in Retail Steak ‘n Shake put out an X post on March 8, asking whether it 
should accept Bitcoin or not. Interestingly, Twitter CEO Jack Dorsey tweeted 
‘Yes’ in reply to this. In 2022, Chipotle started accepting more than 90 
cryptocurrencies at 100+ locations in the US. Previously, Starbucks also 
allowed its customers to recharge their digital wallets using $BTC. Subway 
also experimented with Bitcoin payment as early as 2013. Finally, El 
Salvador&#8217;s Pizza Hut was the first retail outlet to officially accept $BTC as 
payment. Although most of these initiatives were short-lived and never scaled, 
the tide seems to be changing now (for the better, that is). With $BTC gaining 
strong ground as a new hedge asset among corporations and governments, many 
companies are trying to either buy and HODL it or adopt it into their 
ecosystem. The bottom line, therefore, is that Steak ‘n Shake’s current 
initiative is just the beginning of the domino effect. More retail businesses 
are expected to follow suit sooner rather than later (and the reasons for that 
are pretty clear – adoption). As Bitcoin adoption unblocks new milestones and 
it becomes a part of our daily lives, there can be hardly any doubt that the 
asset could be the backbone of modern economies. If you want to make the most 
of crypto&#8217;s increasing popularity, here are the best cryptos you should 
consider buying right now. 1. Best Wallet Token ($BEST) – Best New Crypto to 
Buy Right Now A secure and user-friendly crypto wallet is essential as 
cryptocurrency becomes more mainstream, enabling users to pay for everyday 
items such as burgers and gas using the top altcoins. Enter Best Wallet. As 
outlined in our Best Wallet review, we&#8217;re impressed by the wallet&#8217;s mobile- 
first design and support for multiple cryptocurrencies. These are crucial if 
you want to benefit from the growing support for crypto payments in offline 
stores. The app is also laced with class-leading security features. First and 
foremost, Best Wallet is non-custodial, meaning none other than you will have 
access to your crypto assets. Secondly, it employs Fireblock’s advanced 
cryptographic technology and multi-factor authentication (including 
biometrics) to keep bad actors at bay. It&#8217;s worth noting that Best Wallet&#8217;s 
native cryptocurrency, Best Wallet Token ($BEST), gives you a unique 
opportunity to invest in the wallet&#8217;s growth. Best Wallet, after all, is on a 
mission to capture over 40% of the non-custodial crypto wallet market by 2026. 
In addition to potentially offering you a 280% gain on your investment in less 
than five years (the token is predicted to jump to $0.07 by 2030), owning 
$BEST also comes with many on-platform benefits. For instance, $BEST token 
holders will have to pay lower fees when they buy, sell, or swap cryptos on 
Best Wallet. Furthermore, they&#8217;ll also get early-bird access to all the new 
meme coins on presale listed on Best Wallet. If you like what you see, buy 
$BEST today for just $0.024995 each. The project, which has turned out to be 
one of the best crypto presales, has raised over $12M so far. 2. BTC Bull 
Token ($BTCBULL) – Best Bitcoin-Themed Altcoin Offering Free $BTC via Airdrops 
Both $BTC&#8217;s adoption and price are on a hot streak right now, so we believe it 
could be the perfect time to invest in a Bitcoin-themed altcoin that could 
rise alongside the king cryptocurrency. We&#8217;re talking about BTC Bull Token 
($BTCBULL). It&#8217;s unique because it&#8217;s the only crypto out there offering 
Bitcoin airdrops to its token holders. In other words, if you buy into the BTC 
Bull Token presale, you&#8217;ll be rewarded with a sizable portion of a $100K 
crypto asset for absolutely zero costs on your end. According to BTC Bull 
Token&#8217;s whitepaper, the $BTC airdrops will take place every time the 
underlying crypto, i.e., Bitcoin, smashes through a new milestone, such as 
$150K, $200K, or $250K. Important: You must hold your purchased $BTCBULL 
tokens in Best Wallet to be eligible for free $BTC. Apart from its one-of-a- 
kind Bitcoin giveaway mechanism, BTC Bull Token&#8217;s chunky 40% marketing budget 
is also why we&#8217;ve predicted it to jump over 380% and reach $0.0096 by 2026. 
Combined with a deflationary model, wherein a portion of the total $BTCBULL 
token supply will be burnt off every time $BTC&#8217;s price rises by $25K, the 
project&#8217;s focus on PR could be a huge reason why its rally could stretch over 
multiple months. Join the group of Bitcoin maximalists and buy $BTCBULL now. 
The project has raised nearly $5.5M, and you can get one token for just 
$0.002505 if you act now. 3. Moo Deng ($MOODENG) – Viral Meme Coin Trending 
Right Now Moo Deng first made the headlines soon after its launch in September 
2024. At the time, it took less than two months to skyrocket to its all-time 
high of $0.62 – a gain of over 2,000% from the levels of $0.031. After a 
sluggish 3-4 months, the token is back among the top trending cryptos. It&#8217;s up 
over 150% in just the last 24 hours, which brings its total monthly gain to 
over 450%. Currently trading at $0.1292, this cheap crypto is an out-and-out 
meme coin, meaning it&#8217;s driven by community engagement and virality. It&#8217;s 
based on a baby pygmy hippo, also known as Moo Deng. As is the case with meme 
coins, $MOODENG, too, rose to popularity when the baby hippo meme went viral 
on social media. Investors soon flocked to Solana to shower their love on this 
cute token. Beware – New Crypto May Result in FOMO Before you pour a 
disproportionate amount of money into new cryptos, expecting them to rocket to 
the moon, kindly remember that the crypto market, especially meme coins, is a 
high-risk investment. We suggest only investing an amount you&#8217;re comfortable 
losing. Also, this article isn&#8217;t financial advice of any sort, and you must do 
your own research and due diligence before investing.

Steak ‘N Shake to Accept Bitcoin Payments in the US, Sending New Crypto to Explosive Highs

In his latest YouTube briefing to 292,000 subscribers, the analyst known as 
“More Crypto Online” (MCO) argued that Dogecoin’s recovery from early-May 
support keeps the memecoin’s larger Elliott-wave roadmap intact and, 
crucially, leaves open the long-discussed advance toward the $0.60 region. 
Dogecoin&#8217;s Path To $0.60 Speaking less than forty-eight hours after Dogecoin’s 
local low on 6 May at roughly $0.163, MCO underlined that price action has so 
far respected the fourth-wave Fibonacci retracement he mapped out in previous 
sessions. “The price held this support area between 15.5 cents and 16.8 cents 
as standard Fibonacci support in a wave four,” he noted, adding that the 
bounce has already satisfied the “bare minimum” requirement for a fifth-wave 
launch. The analyst’s near-term pivot (1-hour chart) remains the $0.18 
line—exactly the 50 percent retracement of the late-April impulse. “As long as 
we’re holding above $0.18, there’s absolutely no sign of a top,” MCO said, 
stressing that a decisive break below that threshold would force a 
reassessment of the intraday pattern and shift focus back to the 6 May swing 
low. He described $0.18 as the level that “allows for continuation, direct 
upside continuation, in an upside impulse.” Related Reading: 72% Of Binance 
Traders Go Long On Dogecoin, What Does This Mean For Price? So far, Dogecoin’s 
latest push has only retested the 30 April high near $0.193, leaving the fifth 
wave “not healthy enough to really be considered a fifth wave that’s already 
completed.” The analyst therefore expects at least “one or two Fibonacci 
levels above where the third wave topped,” singling out the 123.6 percent, 
138.2 percent and 161.8 percent extensions as conventional zones that would 
validate a properly extended fifth wave. The ideal target area thus begins 
fractionally above $0.193 and could stretch into the low-20-cent range if 
momentum remains intact. MCO also mapped out the contingency in which the 
market loses the $0.18 floor. Provided the resulting retracement stays 
corrective and, critically, holds above the 6 May low at $0.163, he would view 
the setback as the “B-wave pullback” within a broader “wider ABC structure” 
that ultimately propels Dogecoin to fresh cycle highs. “That would allow for a 
wider ABC structure… and the B-wave pullback could just be corrective but must 
hold above this 6 May low,” he explained. Related Reading: Dogecoin ‘Looks 
Incredible Here,’ Says Crypto Analyst — Here’s Why While the current segment 
concentrated on the micro-structure—whether the fifth wave finishes in a 
single thrust or morphs into a more complex ABC variant—the analyst reiterated 
that none of the outlined scenarios negate the larger bullish thesis so long 
as the $0.155 to $0.168 macro support band survives. That framework still 
culminates in a wave count that projects Dogecoin toward the psychologically 
important $0.60-cent region once the full higher-degree impulse cycle unfolds. 
For now, the analyst’s dashboard remains straightforward: above $0.18, the 
burden of proof lies with bears; below it, the market will probe whether the 
corrective downswing is merely the prelude to the next—and potentially 
decisive—rally leg. As MCO concluded, “A direct move up remains the 
expectation […] but a break below will then, you know, force that discussion.” 
At press time, DOGE traded at $0.205. Featured image created with DALL.E, 
chart from TradingView.com