The US Senate has moved the CLARITY Act, a key cryptocurrency regulation bill, closer to a full vote, aiming to clarify federal rules on digital assets. This progress is seen as a positive step toward regulatory certainty, which has slightly increased optimism for Bitcoin's price reaching $200,000 by the end of 2026. Market sentiment is mixed but leans toward cautious optimism as investors watch the Senate vote outcome and potential impacts on Bitcoin's future valuation. The bill still needs enough support to pass and overcome a filibuster, which will be critical for shaping the crypto market's regulatory environment.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $65,160 and Ethereum near $1,921. Several altcoins like BEAT and PUMP have seen significant percentage gains, 35.1% and 12.9% respectively, indicating selective investor...
Economist Robin Brooks criticized Bitcoin's role as a safe-haven asset, highlighting its underperformance compared to precious metals like gold during periods of currency debasement. He argues that Bitcoin has not established itself as a reliable sto...
Bitcoin's price has fallen 48.37% from its all-time high, reducing the value of Satoshi Nakamoto's untouched Bitcoin holdings to about $71.19 billion from over $138 billion. This significant drop reflects the broader market downturn and low trading a...
Bitcoin exchange-traded funds (ETFs) listed in the U.S. attracted $853.54 million in net inflows for the week ending August 7, marking the largest weekly inflow since mid-April. BlackRock's IBIT ETF accounted for the majority of this surge, drawing $...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
