Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules for the market. This regulatory progress, supported by President Trump agreeing to an ethics provision, sparked a broad crypto rally with Ether, BNB, and XRP also gaining. Analysts are watching the $68,000 level as a key resistance point, while blockchain adoption continues to grow, highlighted by Solana's record tokenized asset volume and expanding institutional interest in tokenized real-world assets.
The global cryptocurrency market capitalization increased by 0.7% to reach $2.594 trillion. However, both Bitcoin and Ether saw declines during the same period, with Bitcoin dropping 0.4% in 24 hours and 2.9% over seven days, trading at $74,572.25. E...
Open interest in Solana's perpetual futures surged 4.55% to $832.5 million, the fastest gain among five major cryptocurrencies, indicating growing trader interest. Bitcoin's open interest also rose 3.06% to $7.41 billion, while Ether's declined sligh...
David Schwartz, former CTO of Ripple, has sold about 90% of his XRP holdings, reducing from 26 million to 3 million tokens due to decreased risk tolerance. He also cut his Bitcoin and Ethereum holdings significantly. Despite this, he still holds a su...
Capital B has purchased an additional 12 Bitcoin, increasing its total Bitcoin holdings to 3,550 BTC. The company plans to continue accumulating Bitcoin through capital-market financing, signaling a strategic move to build its cryptocurrency portfoli...
Crypto trader Michaël van de Poppe is optimistic about Bitcoin's price, stating it must maintain support around $74,000 to potentially recover toward $80,000. As of early Nov. 11, Bitcoin traded near $73,755, close to this critical level. Holding abo...
