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Tag: Cryptocurrencies

Bitcoin’s Breathless Rally Meets A Reality Check — Why Traders Should Respect The Pullback

Bitcoin’s recent sprint from the high‑$60Ks to a local peak above $82K felt, for a moment, like the market remembering how to sprint. That euphoria, however, has been met with a sober counterpunch: momentum has faded, selling pressure has reasserted itself, and a measured pullback toward the mid‑$77K range is now the market’s new reality. This isn’t a call to panic; it’s a reminder that markets that climb fast can unwind just as quickly, and...

Blockchain, Coins, Cryptocurrencies, News

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Bitcoin Slides to ,000 as Over 0 Million in Longs Get Liquidated

Bitcoin Slides to $78,000 as Over $500 Million in Longs Get Liquidated

Bitcoin dropped about 3.2% over 24 hours to near $78,000, reversing gains from the prior week when it briefly topped $82,000. Over $581 million in crypto positions liquidated, with ~95% from long bets led by BTC and ETH. Broad risk-off move tied to hotter inflation data, surging bond yields, and spot Bitcoin ETF outflows. Altcoins hit harder: SOL and XRP down ~5%, ETH ~3.3%. Bitcoin tumbled to around $78,000 on May 16,...

Bitcoin, Cryptocurrencies, Front page, News

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Senate Banking Committee Advances CLARITY Act in Bipartisan Vote

Senate Banking Committee Advances CLARITY Act in Bipartisan Vote

Senate Banking Committee advances CLARITY Act 15-9 with two Democrats joining Republicans. Bill provides clearer SEC/CFTC jurisdiction split, digital commodity classifications, and DeFi protections. Next steps include merger with Agriculture Committee bill and full Senate vote requiring 60 votes. Market reaction positive, with Bitcoin reclaiming $81,000 and XRP/DOGE surging. The U.S. Senate Banking Committee advanced the...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Charles Schwab Rolls Out Spot Bitcoin and Ethereum Trading to Retail Clients

Charles Schwab Rolls Out Spot Bitcoin and Ethereum Trading to Retail Clients

Phased Launch Details: Schwab Crypto provides spot trading in BTC and ETH, which represent roughly three-quarters of total crypto market capitalization, with plans to expand to additional assets over time. Pricing and Features: Competitive 0.75% (75 basis points) trading fee; integrated viewing of crypto alongside traditional investments on Schwab.com, mobile, and thinkorswim platforms; educational resources and 24/7 support. ...

Cryptocurrencies, ETF, Front page, News

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Strategy Resumes Bitcoin Accumulation with  Million Purchase

Strategy Resumes Bitcoin Accumulation with $43 Million Purchase

Strategy bought 535 BTC for ~$43 million at an average price of $80,340 per coin between May 4 and May 10. Total holdings now stand at 818,869 BTC, acquired for ~$61.86 billion at an average cost of $75,540. Purchase funded primarily through common stock sales, with shares rising in pre-market trading. Follows Q1 earnings and Saylor comments on potential selective BTC sales for dividends while maintaining net positive...

Bitcoin, Crypto adoption, Cryptocurrencies, Front page, News

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