Author: CryptoPress
Bitcoin surged past the $70,000 threshold, reaching its highest price point since early June amid a broader macroeconomic shift.
The market rally was triggered by the US Treasury announcement detailing plans to double its purchases of long-term bonds.
Traders and institutional investors responded positively to the increased liquidity injection into the financial markets.
Bitcoin climbed back into the green this morning, successfully breaking...
Bitcoin Surges Past $70,000 as $2.7 Billion in Shorts Liquidate and Spot ETFs Log $517 Million Inflows
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Bitcoin climbed above $70,000 for the first time since early June and later approached $72,000.
Short liquidations reached a record $2.74 billion, with total wipeouts near $3 billion across more than 172,000 traders.
U.S. spot bitcoin ETFs recorded $517 million in net inflows on Aug. 19, the largest since early May; ether ETFs added $189 million.
Key catalysts included the U.S. Treasury doubling long-term bond buybacks and President Trump...
Crypto Markets Brace for #FOMCWatch as Federal Reserve Signals Rate Decision Path
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Digital asset markets are heavily focused on #FOMCWatch updates as macroeconomic indicators point toward pivotal Federal Reserve monetary policy shifts.
Traders and institutional investors are closely analyzing interest rate probabilities, which historically dictate near-term volatility across bitcoin and altcoins.
Market participants continue to parse macroeconomic data releases for clues on whether the central bank will enact a rate cut or...
SEC Proposes ‘Regulation Crypto Assets’ Framework Following Abrupt Meeting Cancellation
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The U.S. Securities and Exchange Commission has proposed a new crypto fundraising framework titled Regulation Crypto Assets.
The regulatory reversal comes just days after the agency abruptly canceled a previously scheduled meeting regarding the same initiative.
The move marks a significant development in the commission’s ongoing efforts to establish clearer compliance pathways for digital asset issuances.
The U.S. Securities and...
Maya Protocol Halts Network After $1.7 Million Exploit via Six Chained Bugs
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Maya Protocol halted its MAYAChain network after an attacker drained roughly $1.7 million using six chained software bugs.
The attacker withdrew 48.87 million CACAO and moved about 20.83 BTC worth approximately $1.34 million off-chain.
CACAO fell nearly 89% from around $0.115 to a low of $0.013 before partial recovery.
Founder AaluxxMyth confirmed the incident and said the team is working to fix the issues and recover fully.
Liquidity pool...

