Bitcoin Hits Max Pain Amid Hot CPI Inflation
More than $2.3B in options for $BTC, $ETH, $XRP, and $SOL expire today; traders anticipate a potential drop to max pain prices amid US CPI inflation data release. #Update #Crypto $BTC $ETH $XRP $SOL
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More than $2.3B in options for $BTC, $ETH, $XRP, and $SOL expire today; traders anticipate a potential drop to max pain prices amid US CPI inflation data release. #Update #Crypto $BTC $ETH $XRP $SOL
@OKX CEO Star Xu challenged @Binance founder Changpeng Zhao’s claim of selling an apartment for $900K to buy Bitcoin, raising questions about ownership and funding. Disputes over personal and legal matters also resurfaced. #Update #Crypto $BTC
Bitcoin recovers to $71,200 as U.S. PCE inflation remains unchanged at 2.8% YoY; March CPI data releasing tomorrow may impact markets amid ongoing U.S.-Iran war uncertainty. #Update #Crypto $BTC
Treasury Secretary Scott Bessent urges Congress to pass the stalled CLARITY Act for crypto market structure, emphasizing urgency for regulatory clarity as traditional finance adopts digital assets. #Update #Crypto $BTC $ETH
A White House report on stablecoin yields faces backlash from banking sources, claiming it overlooks funding risks. The CLARITY Act debate intensifies as deposit shifts raise concerns about long-term stability. #Update #Crypto $USDC
@Ripple-backed XRP treasury @Evernorth Holdings files SEC amendment, advancing merger with Armada Acquisition Corp II and nominating Ripple CLO Stuart Alderoty to its board. $XRP rises 5% to $1.38. #Update #Crypto $XRP
Arthur Hayes, co-founder of BitMEX, endorses buying Hyperliquid’s $HYPE token exclusively while selling $ETHFI at a loss and taking profits from $AUKI amid market rebounds. #Update #Crypto $HYPE
Pakistan proposes a 2-week U.S.-Iran ceasefire, urging Trump to extend his deadline. Bitcoin price rises to $69,500, up nearly 1%. Iran is positively reviewing the proposal. #Update #Crypto $BTC
@MorganStanley is launching its Bitcoin ETF tomorrow, marking the first bank-issued BTC fund. This follows significant inflows into existing Bitcoin funds amid ongoing geopolitical tensions. #Update #Crypto $BTC
@GrayscaleResearch calls for urgent quantum-resistant blockchain upgrades, highlighting $XRP and $SOL’s cryptography efforts as vital to counteract emerging quantum threats. #Update #Crypto $XRP $SOL
US SEC Chair Paul Atkins announced the commission’s advancement of crypto fundraising rules, operating alongside the Senate’s CLARITY Act proposal, aiming to provide clarity and investor protections for crypto startups. #Update #Crypto $BTC $ETH
@MicroStrategy’s MSTR stock rises over 4% as the company announces acquisition of 4,871 $BTC for $329.9M, now holding 766,970 $BTC amid U.S.-Iran ceasefire optimism. #Breaking #Crypto $BTC (+7) ↗
@MicroStrategy’s MSTR stock rises over 4% amid US-Iran ceasefire hopes, while @Coinbase’s COIN and Circle’s CRCL stocks also gain. Bitcoin surpasses $70K, boosting market sentiment. #Update #Crypto $MSTR $COIN $CRCL
XRP price rebounds 5% to $1.34 as whale accumulation reaches a 10-month high, with over 11 million XRP bought daily ahead of the XRPL Japan event featuring Ripple executives. #Update #Crypto $XRP