Bitcoin recovered from a midweek dip to trade above $78,000 after the U.S. Senate approved a compromise in the Clarity Act that restricts stablecoin issuers from paying yield on reserves but allows activity-based rewards. This legislative progress removes a major obstacle to crypto market regulation. Meanwhile, U.S. stocks also surged, with the S&P 500 and Nasdaq 100 reaching new record highs, driven by strong tech earnings from Apple and Oracle. The market awaits further catalysts such as Federal Reserve clarity or ETF activity to push Bitcoin decisively higher.
Cryptocurrency prices exhibit mixed changes with Bitcoin slightly down at $77,107 and Ethereum up modestly to $2,119. Notable gainers include NEAR with a 17.08% rise and OKB up 14.84%, while some coins like ZEC and BEAT face significant drops. These ...
Bitcoin's network activity has slowed significantly, with active addresses dropping from 821,000 to 494,000 in two weeks, a 39.8% decline. This decrease reflects short-term traders exiting as the crypto market consolidates and Bitcoin trades sideways...
Bitcoin's on-chain activity has sharply declined, with active addresses falling nearly 40% from 821,000 to 494,000 over two weeks during price consolidation below $80,000. This drop suggests reduced short-term trading and a shift toward long-term hol...
Bitcoin remains around $77,000 amid rising tensions in the Middle East, which have dampened market sentiment. Bitcoin ETFs experienced $105.2 million in net outflows, while Ethereum ETFs saw $6.7 million in outflows, reflecting cautious investor beha...
A major crypto trader closed a $100 million short position on ether with a $260,000 loss and quickly opened a $13.43 million long position on bitcoin at 20x leverage. This shift signals a change in conviction from expecting ether to fall to betting o...
