Today's Top Crypto Headlines:

CZ Predicts $1M Bitcoin | Grab Partners with Natix | Florida Drops Bitcoin Bills and more...

King Fatrick Gil Añasco
May 07, 2025

Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

CZ Predicts $1M Bitcoin: Binance founder CZ expects Bitcoin to reach $500K–$1M this cycle, citing institutional adoption, government buying, and pro-crypto U.S. policy shifts.
Grab Partners with Natix: Grab is teaming up with Solana-based Natix to enhance AI-driven mapping via blockchain.
💡Feature of the Day - Florida Drops Bitcoin Bills: Florida has shelved two bills that would have allowed it to hold Bitcoin as a reserve asset.

All this and more in today’s headlines!

📰 News Highlights:

CZ Predicts $1M BTC [Source][Source]

Binance founder Changpeng “CZ” Zhao expects Bitcoin to hit between $500,000 and $1 million in the current market cycle, citing institutional investment, government accumulation, and favorable U.S. policy.

In an interview with Rug Radio, CZ emphasized the impact of Bitcoin ETFs in drawing institutional money into the space, stating, “It’s a positive in terms of price action.”

Here is my full interview with @cz_binance!
Had the chance to sit with the founder of @binance last week to talk about the state of crypto, the future, Donald Trump, prison and more.
Timestamps:
07:00 - What did you learn from your time in the memecoin trenches?
10:02 - What
— Farokh (Perma/Bull) (@farokh)
4:13 PM • May 5, 2025

He added that U.S. institutions and governments globally are increasingly investing in Bitcoin, further validating its role as a serious asset class.

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Grab Joins Natix [Source][Source][Source][Source][Source][Source]

Grab has partnered with Natix, a Solana-based DePIN project, to enhance AI-powered mapping and autonomous driving technologies.

This collaboration will integrate Grab’s camera hardware and mapping infrastructure with Natix’s decentralized network, rewarding users for submitting real-time, 360° driving imagery through a new device called VX360.

📢 DEPIN MEETS SUPERIOR MAPPING TECHNOLOGY 📢
We’re excited to announce our collaboration with Grab, Southeast Asia’s leading super app, to reshape the mapping industry 🗺️
By joining forces, we’re making high-fidelity, freshly updated maps a global reality 💪
— NATIX Network (@NATIXNetwork)
10:05 AM • May 6, 2025

Natix’s solution aims to replace outdated centralized mapping methods by monetizing driver data and delivering frequent, high-quality map updates.

💡 Feature of the Day:

Florida Kills BTC Bills [Source][Source]

Florida has officially dropped two proposed bills—House Bill 487 and Senate Bill 550—that would have allowed the state to hold Bitcoin as a strategic reserve.

The bills were indefinitely postponed on May 3 after the legislative session ended without passage.

Florida joins a growing list of states—including Wyoming, Montana, and Pennsylvania—that have failed to pass strategic Bitcoin reserve legislation.

Arizona has two more chances to be the first in the nation to establish a Bitcoin Reserve.
The most likely to pass (HB 2749) was authored by @JeffWeninger, and it offers a budget neutral method to fund the reserve using profit from the unclaimed property fund.
@EleanorTerrett
— Dennis Porter (@Dennis_Porter_)
2:18 PM • May 5, 2025

Meanwhile, Arizona advanced a similar initiative only to see it vetoed by Governor Katie Hobbs, who cited concerns over digital assets being “untested.”

😂 Crypto Meme of the Day:

Bitcoin is number one.
— The ₿itcoin Therapist (@TheBTCTherapist)
12:29 PM • May 3, 2025

Meme of the day provided by @TheBTCTherapist

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com