Bitcoin maintained its price above $64,000 despite volatile trading and a sharp intraday dip, ending with a 1.1% gain. This price resilience caused significant losses for short sellers, with $148 million in short liquidations out of $216 million total across the crypto market. The political uncertainty around the CLARITY Act, a key crypto regulation bill, intensified as the U.S. Senate delayed the vote, pushing discussions to September. Polymarket now estimates only a 15% chance of the bill passing this year, reflecting growing skepticism despite ongoing advocacy from some lawmakers.
Bitcoin long-term holders have significantly increased their holdings, reaching the highest accumulation level in over six years. The LTH Net Position Change shows a gain of approximately 1.29 million BTC, indicating strong confidence among long-term...
Bitcoin is trading around $62,700, close to a potential bearish death cross where its 20-week moving average may fall below the 200-week average, signaling possible further weakness. Meanwhile, Zcash has recovered impressively from a sharp 50% crash ...
Major cryptocurrencies saw mixed movements with Bitcoin maintaining its $64,000 level and Ethereum rising by 2%, supported by strong equity markets. However, XRP and Dogecoin showed weaker performance. Data indicated significant trader liquidations a...
Bitcoin recovered from a dip below $62K to trade around $64,300, buoyed by the S&P 500 reaching fresh all-time highs above 7,050. This rally shows the usual pattern where crypto prices follow traditional equities, though market sentiment remains fear...
Dubai Duty Free has integrated Crypto.com Pay, allowing customers to pay with Shiba Inu (SHIB) and 29 other cryptocurrencies at Dubai International and Al Maktoum airports. Payments are converted instantly to UAE Dirhams, ensuring a regulated crypto-...
