Bitcoin's price has risen above $66,000, supported by institutional inflows through U.S.-listed ETFs and long-term holders accumulating coins. The White House's agreement on an ethics clause for the Clarity Act boosts hopes for the legislation's progress, potentially increasing institutional participation. Market data shows large Bitcoin whales building positions while medium wallets sell, indicating a balanced market with growing futures and options activity. However, risks remain from heavy U.S. Treasury bond issuances that could reduce liquidity and pressure risk assets in the near term.
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Bitcoin's quantum discount has reached a record 30% due to delayed security upgrades against quantum computing threats, causing a significant undervaluation. XRP's 30-day MVRV indicator turned positive, signaling trader profits and a potential reboun...
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 ...
Bitcoin surged to over $66,000, its highest in more than a month, driven by optimism that the US Clarity Act, a major crypto market regulation bill, will pass before next April. The bill aims to divide crypto oversight between the SEC and CFTC, openi...
Bitcoin has broken above the key $66,000 resistance level, signaling a potential bullish breakout. The price may retest the $65,600 level to confirm support before pushing higher toward the $73,400 target. Despite the strong breakout, low trading vol...
