The US government, under President Trump's leadership, has codified the GENIUS Act to streamline crypto regulations and established a strategic Bitcoin reserve from seized assets. This move clarifies the regulatory distinction between crypto securities and commodities, aiming to align oversight between the SEC and CFTC. These developments signal stronger regulatory support and could positively influence Bitcoin price expectations. Market participants will watch for further policy updates impacting the crypto market structure in the US.
Bitcoin.com has integrated USDU, the UAE's first US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial wallet on web and mobile. This marks USDU's first major retail distribution, expanding its use beyond in...
Bitcoin price surged past $68,000 following a breakout above key resistance levels, triggering a short squeeze that liquidated over $1 billion in crypto shorts within an hour. The rally pushed Bitcoin from below $65,000 to nearly $69,500 before settl...
Bitcoin's price surged past $68,000, causing $1.93 billion in leveraged crypto liquidations within 24 hours, predominantly affecting traders betting against the market. Short positions accounted for $1.75 billion of the liquidations, with Bitcoin alo...
Former President Donald Trump announced that the US government is considering purchasing a significant amount of Bitcoin, continuing its policy of maintaining a Strategic Bitcoin Reserve. The US currently holds about 328,000 BTC, making it the larges...
Bitcoin surged nearly to $70,000 following the US Treasury's announcement to double bond buybacks to $4 billion, triggering $1.9 billion in total liquidations, mostly from short positions. This move reflects growing concerns over rising US debt servi...
