Bitcoin Holds Steady Above $70000 Amid Talks
Bitcoin $BTC held above $70,000 after a surge, up 3.8% in 24 hours; altcoins like $ETH and $SOL gained around 5%. Future direction depends on U.S.-Iran developments. #Update #Crypto $BTC
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Bitcoin $BTC held above $70,000 after a surge, up 3.8% in 24 hours; altcoins like $ETH and $SOL gained around 5%. Future direction depends on U.S.-Iran developments. #Update #Crypto $BTC
Senators Angela Alsobrooks and Thom Tillis revealed a revised stablecoin yield provision in the Digital Asset Market Clarity Act, banning rewards on balances, potentially stalling crypto industry progress. #Update #Crypto
A new venture capital firm, 5c(c) Capital, focused on prediction markets launches with backing from @Polymarket and @Kalshi CEOs, aiming to raise $35M for early-stage investments. #Update #Crypto $USDC
@BlackRock’s Larry Fink advocates for digital assets and tokenization to enhance financial access in his letter to shareholders, emphasizing the need for systemic upgrades amid rising inequality. #Update #Crypto $BTC $ETH
@MicroStrategy has launched a $42 billion ATM equity program, including $21 billion in Class A stock and $21 billion in preferred stock, expanding its capital-raising efforts for potential Bitcoin purchases. #Update #Crypto $BTC
The CoinDesk 20 Index is at 2025.84, up 0.2%. Leaders include $BCH (+2.3%) and $SOL (+1.0%), while laggards are $APT (-5.3%) and $ICP (-3.6%). #Update #Crypto $BCH
Bitcoin $BTC is trading near $68,250 after a selloff linked to geopolitical tensions, leaving a CME gap; over $400M in leveraged futures were liquidated. #Update #Crypto $BTC
Leveraged traders on @Hyperliquid are prioritizing oil and silver over crypto, with $500M in oil trades and $412M in silver, while $SOL and $XRP lag behind. #Update #Crypto $SOL $XRP
@BarbaraFried and @JosephBankman claim no customer money was lost in FTX’s collapse, as $2.2 billion is set for distribution; creditors dispute this, stating they are not whole. #Update #Crypto $BTC
The SEC and CFTC issued guidance defining crypto securities, with the SEC categorizing many crypto assets as non-securities; Arizona filed criminal charges against a prediction market provider. #Update #Crypto $BTC
Prediction markets like @Polymarket face risks of manipulation as single traders can influence outcomes, undermining credibility and trust. Platforms must exclude contracts easily forced by individuals to maintain integrity. #Update #Crypto
Ethereum faces critical challenges in scaling, quantum security, and AI integration as co-founder Vitalik Buterin critiques current L2 designs; upcoming Glamsterdam upgrade aims to address these issues. #Update #Crypto $ETH
Gold is nearing a bear market, down nearly 20% from its January peak, while Bitcoin remains in a consolidation phase, about 40% below its October high. #Update #Crypto $BTC
Former FTX CEO Sam Bankman-Fried praises Donald Trump’s Iran strikes, potentially seeking a pardon while FTX Recovery Trust plans to distribute $2.2B to creditors. #Update #Crypto $FTT