BTC Bulls Are Warming Up!

Bitcoin-related sentiment on social media recently took a noticeable bullish turn.

Here's what we've got for you today:

  • Bitcoin Sentiment Turns Bullish Despite Q1 Losses

  • Kyrgyzstan and Wyoming Advance Digital Currency Plans Amid Regulatory Shifts

  • Media Mogul Hits Justin Sun with Countersuit in $78M Sculpture Dispute

  • Manta Founder Details Attempted Zoom Hack by Lazarus That Used Very Real ‘Legit Faces’

Bitcoin sentiment is turning bullish as traders expect a move back toward $90,000.

  • Bitcoin sentiment turned bullish on social media, and Santiment’s sentiment tracker rose above the neutral threshold despite BTC fluctuating between $83K and $86K.

  • Traders are now optimistic that Bitcoin could soon retest the $90K level, which was last seen on March 6.

  • Industry experts like Jan3’s Samson Mow and other traders also have bullish outlooks due to long-term uptrend signals and global liquidity shifts.

Kyrgyzstan granted legal tender status to its digital som, while Wyoming refined its stablecoin language to align with SEC guidance.

  • Kyrgyzstan authorized a CBDC pilot through a new constitutional law, granting the digital som legal tender status and empowering the central bank to oversee its issuance and platform development.

  • The pilot project will begin later this year, with a final decision on full deployment expected in late 2026.

  • In the US, Wyoming officials are revisiting their stablecoin language, and plan to align more closely with SEC guidance by developing clearer internal terminology for regulatory discussions.

David Geffen hit back at Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture.

  • David Geffen filed a countersuit against Justin Sun, and called Sun’s original lawsuit over the Giacometti sculpture “Le Nez” a sham, He also accused him of unethical or illegal conduct.

  • The dispute centers on a $78 million sculpture that Sun claims was stolen and sold to Geffen, while Geffen argues the transaction was legitimate.

  • Geffen alleges Sun was motivated by financial distress due to market crashes and major hacks of Sun’s crypto platforms Poloniex and HTX in 2023.

Kenny Li said he was able to avoid a hack attempt that was possibly conducted by North Korean cyber-attackers.

  • Manta Network co-founder Kenny Li was targeted in a sophisticated Zoom phishing attack that used deepfake-style video attempted to trick him into downloading a malicious script file.

  • Li grew suspicious due to missing audio and an unusual prompt to update Zoom via a script. This prompted him to leave the call.

  • Li suspects the Lazarus Group was behind the attack, and pointed out that the impersonator deleted all messages and blocked him after he refused to download the file.

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