Bitcoin is expected to recover toward $70,000 by July, driven by growing institutional demand and improving market sentiment, according to crypto leaders Anthony Scaramucci and Mike Novogratz. They highlight that current bearish sentiment may signal a buying opportunity, while regulatory developments like the proposed CLARITY Act could further support a rally. Technical analysis shows Bitcoin trying to break above $64,000 resistance, with a successful breakout potentially pushing prices to $70,000. Institutional interest remains strong, with Bitcoin ETFs seeing significant inflows and assets under management reaching nearly $80 billion.
Crinetics Pharmaceuticals presented positive Phase 2 trial results for atumelnant, an oral ACTH receptor antagonist, showing it effectively lowers androgen levels and allows reduction of glucocorticoid doses in adults with classic congenital adrenal ...
The United States and Iran have reached a historic peace agreement, ending all military operations and easing tensions in the Middle East. This breakthrough, announced by Pakistani Prime Minister Shehbaz Sharif, is set to be formally signed on June 1...
The Commodity Futures Trading Commission (CFTC) staff has issued a no-action letter regarding digital commodity perpetual futures. This guidance means the CFTC will not take enforcement action against certain digital commodity perpetual futures under...
A sudden 5-minute price drop in Bitcoin caused $21 million in leveraged positions to be liquidated, highlighting the volatility and fragility of the crypto derivatives market. Liquidation cascades occur when forced position closures push prices furth...
In 2011, WikiLeaks began accepting Bitcoin donations after major payment providers blocked its transactions, causing a 95% revenue loss. This move demonstrated Bitcoin's ability to operate outside traditional financial systems and resist censorship, ...
