@dzengo.base.eth
Top Crypto News Today
1. **Bitcoin Recovers to $70K Amid Bernstein's $150K Target Reiteration**: Bitcoin briefly dipped but rebounded to $70,000 as Bernstein analysts maintained their bullish $150,000 price outlook for 2025, citing strong fundamentals despite recent volatility.
2. **Bithumb Recovers 99.7% of Erroneously Distributed $43B in Bitcoin**: South Korean exchange Bithumb clawed back nearly all of the 620,000 BTC accidentally sent to users due to a pricing glitch, offering compensation and facing regulatory scrutiny.
3. **Jim Cramer Sparks Rumors of US Government Bitcoin Purchases**: CNBC's Jim Cramer claimed the US might soon buy Bitcoin for reserves, but officials denied it.
4. **Senate Advances Crypto Regulatory Bill**: The US Senate Agriculture Committee passed a Republican-backed bill to expand CFTC oversight on digital assets.
5. **Morgan Stanley Initiates Coverage on Bitcoin Miners**: The bank rated Cipher Mining and TeraWulf as buys.
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