Tag: News
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...
Bitcoin Slides Below $77,000 Amid Geopolitical and Macro Pressures as Strategy Deploys $2 Billion to Buy the Dip
Written on .
Bitcoin faces significant downward pressure as macroeconomic and geopolitical factors trigger widespread market liquidations, even as corporate giant Strategy capitalizes on the pullback with a massive $2 billion acquisition.
Bitcoin plummeted below $77,000 Monday morning, hitting multi-week lows as risk assets reacted sharply to rising bond yields and escalating Middle East tensions. The market downturn triggered more than $670 million in...
Bitcoin Slides to $78,000 as Over $500 Million in Longs Get Liquidated
Written on .
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,...
Coinbase to Become Official USDC Treasury Deployer on Hyperliquid as USDH Stablecoin Phases Out
Written on .
Coinbase has been designated as the official treasury deployer for USDC on the Hyperliquid decentralized exchange, deepening institutional integration.The platform’s native USDH stablecoin will be phased out gradually, with Coinbase securing the rights to purchase its brand assets from Native Markets.Hyperliquid’s native HYPE token rallied by 19% following the announcement of the consolidated, USDC-led liquidity structure.
...
Senate Banking Committee Advances CLARITY Act in Bipartisan Vote
Written on .
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



