Crypto Firms Demand Senate Vote on CLARITY Act
More than 200 crypto firms, including @Coinbase and @Ripple, urged Senate leaders to vote on the CLARITY Act as focus shifts to AI. The bill aims to clarify crypto regulations. #Update #Crypto $XRP $BTC
More than 200 crypto firms, including @Coinbase and @Ripple, urged Senate leaders to vote on the CLARITY Act as focus shifts to AI. The bill aims to clarify crypto regulations. #Update #Crypto $XRP $BTC
Sam Bankman-Fried, former CEO of FTX, has formally requested a presidential pardon from Donald Trump while serving a 25-year sentence for fraud; his clemency application is currently under review. #Update #Legal $BTC
@Strategy will start paying semi-monthly dividends to STRC shareholders after stockholder approval, despite trading below par value. Market expert Scott Melker sees this as a good buying opportunity. #Update #Crypto $STRC
Bitcoin ETFs saw $1.72B in outflows, led by Blackrock’s $1.34B loss, while Ether ETFs lost $168M. HYPE gained $17M and XRP added $2.6M in inflows. Crypto $BTC
Bitcoin ($BTC) shows a rare bullish divergence as prices fall while momentum rises, hinting at a potential rally toward $90K, with key support near $62K #Update #Crypto $BTC
Spot Bitcoin ETFs saw $1.72 billion in net outflows over four weeks, driven by macroeconomic factors, while Ether ETFs lost $173 million; altcoin funds like HYPE recorded inflows. #Update #Crypto $BTC $ETH
Arthur Hayes sold his Worldcoin ($WLD) tokens after previously promoting them, raising skepticism from ZachXBT about potential insider trading and whether followers were used as exit liquidity. #Update #Crypto $WLD
Bitcoin’s price fell below $60,000, driven by $5.4 billion in net ETF redemptions amid rising inflation concerns, not @MicroStrategy’s recent sale. CPI data on Wednesday may influence further market direction. #Update #Crypto $BTC
@MicroStrategy resumed Bitcoin buying, acquiring 1,550 $BTC for $101.3 million, increasing total holdings to 845,256 BTC after a recent controversial sale. #Update #Crypto $BTC
@MicroStrategy purchased 1,550 $BTC for $101.3M, raising total holdings to 845,256 BTC. Shares rose 6.55% post-disclosure; average purchase price was $65,332. #Update #Crypto $BTC
The House Ways and Means Committee will review crypto tax proposals, focusing on staking rewards and small transactions. The hearing includes @Fidelity, @Coinbase, and @CoinCenter. #Update #Crypto
South Korean police raided @Bithumb amid a nepotism probe involving lawmaker Kim Byung-gi, who allegedly influenced hiring for his son. Investigations into potential misconduct are ongoing. #Update #Legal $BTH
Bitmine holds 5.54M $ETH, representing 4.59% of total supply, with $230M projected annual staking revenue via MAVAN. Tom Lee targets 5% ETH acquisition by 2026. #Update #Crypto $ETH
@Bitmine ramped up its ether ($ETH) purchases, acquiring 126,971 ETH worth $214 million last week, raising total holdings to 5.54 million ETH valued at $9.3 billion amid market downturns. #Update #Crypto $ETH