🔍Regulatory Hurdles and Security Breaches Test Bitcoin Resilience at 75,880

Bitcoin's current price of 75,880, down 1.40% over the last 24 hours, reflects a period of minor short-term consolidation or cautious pullback. This slight negative movement suggests that market participants are exhibiting a degree of risk-off behavior, likely pausing their buying momentum in antici

Celsius sues BitMEX over alleged $495 million Bitcoin fraud and asset seizure

Celsius sues BitMEX over alleged $495 million Bitcoin fraud and asset seizure

Celsius Network and its affiliated entities are suing BitMEX over alleged fraudulent conduct, wrongful liquidation and seizure of about 6,360 BTC, valued at $495 million. The case was filed in US Bankruptcy Court for the Southern District of New York.Celsius alleges that BitMEX manipulated its tradi

Bitcoin Made a Golden Cross—And Could Drop Below $75,000 Next, Analyst Says

Bitcoin Made a Golden Cross—And Could Drop Below $75,000 Next, Analyst Says

Vocal cryptocurrency analyst Benjamin Cowen on Wednesday said Bitcoin could drop to the $70,000 to $75,000 range following its recent golden cross, pointing to a consistent historical pattern across every major Bitcoin cycle.Cowen posted on his YouTube channel that every Bitcoin golden cross in his

Clarity Act May Be Dead, But Crypto Industry Will Soldier On — Market Talk

Clarity Act May Be Dead, But Crypto Industry Will Soldier On — Market Talk

The crypto-friendly Clarity Act is officially dead in Congress after falling short yesterday on a vote to push the bill to a floor debate, StoneX analyst Mark Palmer says in a note. That means the uncertainty that has lingered over much of the crypto space isn't going away, he says. Altcoins and dec

Bitcoin Drop After Crypto Bill's Bust Seen as Relatively Shallow — Market Talk

Bitcoin Drop After Crypto Bill's Bust Seen as Relatively Shallow — Market Talk

Bitcoin's decline after the crypto-friendly Clarity Act's defeat in Congress has been relatively shallow, analysts at Glassnode say in a report. "Given the news, the fall is small," they say. It appears that new buyers have gone quiet, cutting off the flow of money that had been driving up Bitcoin i

Bitcoin Loses ETF Bid, Slides to $76,000 Ahead of Fed Decision

Bitcoin Loses ETF Bid, Slides to $76,000 Ahead of Fed Decision

Bitcoin turned negative for the first time in three weeks, putting the key $76,000 support level in focus .Spot Bitcoin ETFs recorded $463 million in weekly outflows, removing a key source of demand that helped propel BTC from roughly $63,000 to $82,000 over the previous three weeks.Since August,

Key facts: CRYPTO:XRPUSD deemed commodity; record addresses, $1.71B

Key facts: CRYPTO:XRPUSD deemed commodity; record addresses, $1.71B

XRPUSD spot CFD: 2023 court and March SEC‑CFTC view classify XRP as commodity on exchanges. Senate rejection of CLARITY Act didn't alter status. Ongoing SEC/CFTC rulemaking noted.XRPUSD saw heavy activity as XRP network hit a record 8.57M unique addresses and U.S. spot XRP ETFs reported $1.71B net i

Eyes on Fed Decision After Bitcoin Trades Near 4-Week Low on Failed Clarity Vote

Eyes on Fed Decision After Bitcoin Trades Near 4-Week Low on Failed Clarity Vote

By Joseph WilkinsBitcoin was trading at a near four-week low Wednesday as investors await the Federal Reserve's interest-rate decision later in the day, after the digital currency fell Tuesday following the U.S. Senate's rejection of a crypto-friendly bill.Bitcoin traded at $75,491 in early European

Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand

Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand

Bitcoin (BTC) demand is under pressure in the US as investors react to the failure of the CLARITY Act to advance in the Senate.Key points:Bitcoin’s Coinbase Premium Index fell to -0.079 on Tuesday, its lowest level since Aug. 16.US sell-side pressure diverged from other major exchanges as the CLARIT

Bitcoin's Coinbase premium sinks to one-month low as US buying interest fades

Bitcoin's Coinbase premium sinks to one-month low as US buying interest fades

American Bitcoin buyers are pulling back. The Coinbase Premium Index, a closely watched gauge that measures BTC's price on Coinbase versus its price on global exchanges like Binance, has dropped to its lowest level in roughly a month, sitting in deeply negative territory that points to waning enthus

Bitcoin Trades Near 4-Week Low on Failed Clarity Vote as Fed Looms — Update

Bitcoin Trades Near 4-Week Low on Failed Clarity Vote as Fed Looms — Update

By Joseph WilkinsBitcoin was trading at a near four-week low Wednesday as investors await the Federal Reserve's interest-rate decision later in the day, and after the digital currency fell Tuesday following the U.S. Senate's rejection of a crypto-friendly bill.Bitcoin traded at $75,877 in afternoon

'Ethics', Not Economics, Sink the CLARITY Act in the Senate

'Ethics', Not Economics, Sink the CLARITY Act in the Senate

The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, with Senator Elissa Slotkin calling its ethics provisions "simply too thin" as she cast one of the no votes. The tally stood at 50 senators voting yes against 49 no, short of the 60 affirmative votes required to ad

Bitcoin, Ethereum ETFs Bleed $592 Million as Clarity Act Fails in Senate

Bitcoin, Ethereum ETFs Bleed $592 Million as Clarity Act Fails in Senate

Bitcoin and Ethereum spot ETFs shed a combined $592 million on September 15. Both products posted their deepest single-day outflows in months.The outflows landed as the CLARITY Act failed to advance in the US Senate. The setback pulled prices lower, and capital followed them out.Ethereum ETFs Reco