The US Treasury Secretary announced rapid progress toward creating a strategic Bitcoin reserve and indicated the Clarity Act, a bill to clarify crypto trading regulations, could pass this summer. This marks a shift from enforcement to building a long-term legal framework for digital assets amid ongoing market volatility. The potential Bitcoin reserve could legitimize Bitcoin as a strategic asset and boost institutional demand, though details remain unclear. Meanwhile, crypto markets experienced significant liquidations and large Bitcoin transfers, reflecting heightened trading activity and liquidity shifts.
Bitcoin has dropped 21% since its rejection near the $79K–$85K resistance zone in May, while ZCash (ZEC) has rebounded 36% and remains up over 1,000% since June 2025. The divergence is fueled by the SEC closing its investigation into Zcash, removing ...
On June 3, XRP dropped to a new year-to-date low of $1.188 amid a broad crypto sell-off driven by escalating U.S.-Iran military tensions. The decline triggered $14.06 million in long liquidations, overshadowing positive news like Mastercard's support...
Crypto markets saw $1.84 billion in liquidations within 24 hours on June 3, the largest since February, driven mainly by $1.66 billion in long position losses. Bitcoin longs alone lost $883 million, including a $59.67 million position on HTX. The sel...
Bitcoin's price dropped below $65,000, causing a shift in prediction markets that now show reduced confidence in the cryptocurrency reaching higher price targets soon. Probabilities for Bitcoin hitting $73,000 by June 3 and $86,000 by June 7 have dec...
Bitcoin's price fell toward $65,000 as the cryptocurrency market experienced significant stress, including over $1 billion in liquidations and large outflows from Bitcoin and Ethereum ETFs. Data shows 202,991 traders liquidated in 24 hours, with $519...
