The rest of the Clarity Act hinges on that guarantee because there is no market for digital assets to regulate if the people building it can’t afford to build it in the United States. The provision survived committee markup intact, despite a filed amendment that would have cleaned it up, and it must remain in […]
If America wants to lead in crypto, it needs to protect the people who build it Read More »
Coinbase (COIN) CEO Brian Armstrong believes in bitcoin BTC$66,613.63 may have bottomed out near $60,000. “My instinct is that we’ve probably bottomed out at this point, maybe in the 60K, but nobody can say for sure,” Armstrong said in a video posted on X Monday. He added that he remains long bitcoin and expects prices
Bitcoin May Have Bottomed at $60,000, Says Coinbase ( COIN ) CEO Read More »
President Donald Trump said over the weekend that the United States and Iran had reached a peace deal and will sign it on June 19. The agreement includes, among other things, the removal of the US naval blockade and the reopening of the Strait of Hormuz. Crude fell 5% to around $80 a barrel. barrel.
US-Iran peace deal sparks global risk rally as oil falls: Crypto Daily Read More »
Strategy (MSTR) last week acquired 1,587 bitcoin for approximately $100 million, increasing its total holdings to 846,842 BTC, according to a filing Monday morning. The latest purchase was made at an average price of $63,024 per bitcoin. The company disclosed that it had also increased its USD reserve by $100 million to $1.1 billion via
Strategy (MSTR) expands bitcoin treasury with 1,587 BTC purchase Read More »
The US-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for. Oil fell more than 4% on news that the Strait of Hormuz would reopen, copper jumped. MSCI’s broadest index of Asia-Pacific shares rose 3% and Japan’s Nikkei 225 hit a record high. However, crypto markets showed muted gains
Crypto traders will be hoping the week offers a reprieve from months of geopolitical anxiety that has stifled risk assets following Sunday’s announcement of a tentative peace deal between the US and Iran. Bitcoin rose to nearly $66,000 on Monday, nearly 3.5% above Friday’s level, while cryptocurrency-linked stocks including Strategy ( MSTR ) and Galaxy
: Crypto week ahead Read More »
The borrowing pushed the USD1 pool to 93% utilization, meaning retail depositors who had lent USD1 to the pool expecting to withdraw at will could not do so until the loans were repaid. WLFI repaid $25 million of the position and then minted $25 million in fresh 1 days later, actively managing the token’s supply
Trump stablecoin USD1 goes from $75 million DeFi drama to the White House lawn Read More »
ARK Invest bought nearly 3.3 million shares of SpaceX (SPCX) when Elon Musk’s company went public in the largest IPO ever on Friday, building a stake of more than $500 million by the end of the day. The shares, priced at $135 for the sale, closed at $160.95, up more than 19.2% in their first
Cathie Wood’s Ark Invest bought 3.3 million SpaceX shares on its IPO day Read More »
Bitcoin hits $66,380 resistance after W-bottom breakout: Live levels
Bitcoin hits $66,380 resistance after W-bottom breakout: Live levels Read More »
For years, these carry trades have helped fuel bull markets on Wall Street and in government bond markets across the advanced world. Some analysts believe that they have also supported crypto markets. As a result, a sharp unwind could destabilize markets broadly, including bitcoin. The current setup is strikingly similar to the one that preceded
