On-chain data shows Bitcoin remains under $68,500 and $75,800 thresholds, with metrics still in capitulation territory. Bitcoin’s recent rebounds are classified as local rallies rather than a trend reversal, as the cryptocurrency stays below critical on-chain levels. The $
Bitwise chief investment officer signals optimism for Bitcoin’s near-term recovery and potential upside movement. Bitwise Chief Investment Officer suggests Bitcoin appears close to a bottom, citing potential for upward volatility. The assessment follows recent market stabi
Bitcoin's largest single-day gain since March follows U.S. Treasury's decision to double long-bond buybacks to $4 billion. Bitcoin climbed as much as 8.7% to an intraday high of $69,749 on Wednesday, marking its sharpest rally since March 4 and its highest level since June
ETH rallies to $2,265.00 after liquidating $736.53 million in short positions within four hours, per market data. Ether climbed 8.52% over the past 24 hours, reaching $2,265.00 after briefly trading above $2,300. The surge triggered $736.53 million in short liquidations wi
USDU, the first UAE central bank-registered US dollar stablecoin, will be available for holding and transfers in Bitcoin.com’s self-custodial wallet. Bitcoin.com has integrated USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-c
President Trump presses Senate to advance stalled crypto bill, citing bipartisan support and competition with China as key drivers. President Donald Trump called on the Senate to pass the Digital Asset Market Clarity Act, a crypto market structure bill stalled for months.
MicroStrategy, Coinbase, and peers rally sharply amid Bitcoin’s rise and a market-wide short squeeze. Crypto-related equities jumped on Wednesday, led by MicroStrategy (MSTR), which climbed 11.95% to $103.58. Coinbase (COIN) rose 9.05% to $159.47, while Circle (CRCL) and B
The crypto-aligned PAC spent over $130 million on 2024 races but failed to unseat a Democratic incumbent in Florida. A crypto-focused political action committee, Fairshake PAC, lost a key Democratic primary in Florida’s 24th congressional district despite pouring over $130
An exploit drained $1.7 million in Bitcoin and other assets, triggering an 89% drop in CACAO and a $10.9 million liquidity pool decline. Maya Protocol suspended operations on MAYAChain after an attacker exploited six software vulnerabilities to steal approximately $1.7 mil
US banking regulator commits to releasing final GENIUS Act stablecoin rules by November, accelerating industry compliance timelines. The Office of the Comptroller of the Currency will issue final rules for stablecoin regulation by November, according to agency head Jonatha
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