On Friday, July 4th, the crypto market experienced a sudden sell-off following a 2% intraday loss in the pioneer cryptocurrency, Bitcoin. This selling pressure can be attributed to market speculation…
Bitcoin
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Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack.…
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Bitcoin has been gaining strength over the past several days, with price action relaying the buying interest from institutional players. A surge of inflows into spot Bitcoin ETFs helped push…
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“He’s so manipulative.”
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Crypto Currency
Trump’s ‘Big Beautiful Bill’ clears Congress after narrow House vote, what could this mean for Bitcoin?
Key Takeaways The US House passed President Trump’s spending bill on Thursday; it’s now heading to Trump for his signature. The legislation includes tax cuts, increased discretionary spending, and safety-net…
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Key Takeaways Federal Reserve Chair Jerome Powell stated that crypto assets are becoming more mainstream and the industry is maturing. Powell expressed support for banks engaging with crypto, as long…
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Key points: Bitcoin’s bounce from the $100,000 shows buyers are committed to the overarching bull trend. Select altcoins have broken below respective support levels, suggesting further weakness for mid-caps in…
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Key Takeaways Bitcoin price dropped as Iran’s Parliament approved the closure of the Strait of Hormuz, heightening fears of oil supply shocks and global inflation. A prolonged closure of the…
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Crypto Currency
BlackRock Quietly Amasses Over 3.25% of Bitcoin Supply—What It Signals for Crypto’s Future
Key Takeaways: BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 3.25% of all Bitcoin in circulation, making it the single-largest holder among spot ETFs globally. IBIT has absorbed over $69.7…
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Key Takeaways Arizona Senate on Thursday passed a bill to create a state-managed Bitcoin and Digital Assets Reserve Fund for seized assets. The fund allows secure storage, sale, or retention…
