Bitcoin and Ether prices rose this week, supported by strong trading volumes and positive momentum from the potential passage of the US CLARITY Act. The Act, which aims to clarify crypto regulations, is gaining traction in the Senate but still faces hurdles, particularly from Senate Democrats concerned about consumer protection and ethics. Meanwhile, rising oil prices and inflation fears have increased market expectations for Federal Reserve rate hikes, causing some volatility. Investors are closely watching the Fed's upcoming meeting and the impact of geopolitical tensions and AI spending on broader markets, which could influence crypto trends going forward.
Bitcoin briefly fell below $80,000 before recovering above $82,000 amid inflation data and ETF flows. Ledger tightened reseller rules after discovering hardware implants used to steal recovery phrases, enhancing device security. MSCI introduced new e...
On October 16, Bitcoin experienced $8.16 million in long position liquidations across Binance, Bybit, and OKX within one hour as its price dropped by 0.07%, falling from $81,572 to $81,512. Total liquidations during this period reached $10.81 million...
Bitcoin, the largest cryptocurrency by market capitalization, fell below the $81,000 level on Binance's spot market, dropping to $80,925 at 1:20 p.m. ET on October 16. This marked a decrease of 0.78% over the previous hour and a $346 drop from a rece...
Bitcoin increased by 1.87% to $82,071 by 9 a.m. ET on October 16, while the overall crypto market capitalization slightly declined by 0.89% to $2.78 trillion. Despite the mixed market, all six major cryptocurrencies gained value in the past 24 hours,...
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
