The US Senate is reviewing the Clarity Act, a major digital asset bill that bans interest on stablecoin balances and imposes penalties up to $5 million, while adding the Treasury as a regulator alongside the SEC and CFTC. Despite the bill's significance and over 100 proposed amendments, bitcoin markets show low volatility and little reaction, suggesting investors are treating the event as low risk. Technical analysis indicates bitcoin's recent recovery may have stalled, with potential downward pressure toward $75,000. The bill's passage depends on bipartisan support, and its final impact on crypto regulation remains uncertain.
The U.S. Core Producer Price Index (PPI) surged 1% month-over-month, far above the expected 0.2%, signaling persistent inflation pressures across the economy. This unexpected inflation spike led investors to reduce risk exposure, causing Bitcoin to f...
Most major cryptocurrencies saw price declines, with Bitcoin trading near $79,547, down 1.54%, and Ethereum at about $2,261, down 2.02%. Other coins like Solana, Cardano, and Polkadot also dropped significantly, reflecting a broad market pullback. St...
BlackRock has reportedly sold $287 million worth of Bitcoin this week, coinciding with Bitcoin's price dropping below $80,000 after a recent rally. This move comes amid significant outflows from Bitcoin and other crypto ETFs, signaling waning institu...
Investor Michael Burry warns the semiconductor rally resembles the final phase of the dot-com bubble, signaling risks for tech and AI-driven markets. Historically, Bitcoin's price closely followed semiconductor stocks during risk-on cycles, with mass...
Bitcoin held below $80,000 after U.S. producer price inflation data sparked risk-off sentiment, wiping out nearly $400 million in leveraged long positions. The crypto market saw sharp declines in altcoins, especially memecoins, amid sustained selling...
