Bitcoin is currently trading at 77,540, showing a minor 24-hour gain of 0.47%. This minimal price movement suggests a period of short-term consolidation and market indecision, implying that short-term traders are waiting for clearer market catalysts rather than pushing the price significantly in either direction. The macroeconomic backdrop, marked by rising inflation indicators and increased odds of a Federal Reserve rate hike, is fueling investor anxiety, as evidenced by accelerating outflows from US spot Bitcoin ETFs. Geopolitical uncertainty from Iran, alongside prominent security vulnerabilities like the Revolut KYC exposure and Trezor phishing campaign, introduces operational risks that dampen retail confidence. Meanwhile, massive political donations from crypto billionaires in the UK and efforts to push regulatory frameworks like the Clarity Act in the US highlight the growing intersection of digital assets with global politics and regulatory scrutiny, which may restrict speculative capital in the near term. - The marginal 0.47% increase in Bitcoin's price to 77,540 reflects a temporary pause and caution among investors amid heightened macroeconomic uncertainty. - Accelerating spot ETF outflows and strong US producer inflation indicators signal defensive positioning as expectations for interest rate hikes rise. - Security breaches, including the Revolut data leak and Trezor phishing incident, highlight persistent operational risks that could weigh heavily on retail market sentiment.
According to SoSoValue data, SOL spot ETFs recorded a net inflow of $10.3048 million during the trading days from September 7 to September 11, U.S. Eastern Time. According to Odaily, Bitwise ETF BSOL led weekly inflows with $9.5259 million, bringing its cumulative net inflow to $1.03 billion, while …
Long.xyz founder Nate said this week that perpetual contracts and synthetic assets will have significant design space and will be combined with the platform's top trading pairs. According to ChainCatcher, Long.xyz last week launched a 1x long pool for tokenized OpenAI and Anthropic, and the product …
Sen. Elizabeth Warren (D-Mass.) said on Sunday that President Donald Trump has prioritized his own financial activities, such as selling memecoins, over efforts to ease the cost of living for Americans.Warren Says Americans Are StrugglingWarren stated in an X post that people “are choosing between p…
Senate Republicans released what they described as the final draft of the Digital Asset Market Clarity Act (H.R. 3633) ahead of a scheduled cloture vote on Tuesday.Sens. Cynthia Lummis, John Boozman, and Tim Scott released the text late Sunday night, saying the draft incorporates 126 "substantive ch…
Fundstrat co-founder Tom Lee says Ethereum is becoming the settlement layer for Wall Street and artificial intelligence . He repeated the claim as ETH held up better than most major cryptocurrencies over the past week.Lee, who chairs BitMine Immersion Technologies , made the comment in a reply on X…
US spot Bitcoin ETFs just had their worst week in months, shedding roughly $462.7 million in net outflows between September 8 and 11. The reversal is especially jarring given that the previous week saw nearly $987 million flow in the opposite direction, including a single-day haul of about $730.9 mi…
New Delhi, Sept. 14 -- India has spent the past decade making money move faster. Now it wants to do the same with assets like bonds, gold and property. On 10 September, the Reserve Bank of India (RBI) and Securities and Exchange Board of India launched Demat 2.0, a pilot project that has already see…
A major change has taken place in the Bitcoin market: its main long-term support level, the 200-week moving average (200WMA), has officially risen above $65,000.Blockstream CEO Adam Back drew attention to this milestone by sharing a new chart from Look Into Bitcoin. The market's , climbing from $64,…
Senate Democrats are holding a last-minute caucus meeting on Sunday evening to discuss the Clarity Act ahead of a crucial procedural vote scheduled for Tuesday.Senate Majority Leader Chuck Schumer is convening the meeting as lawmakers continue trying to resolve several major disagreements surroundin…
Strategy, the company formerly known as MicroStrategy that essentially turned itself into a publicly traded Bitcoin piggy bank, did something it almost never does: it sold Bitcoin. Over $200 million worth, to be precise.The market's response? Bitcoin rallied to approximately $64,000. Bitwise Chief I…
Bitcoin drops in the early Asian session as higher oil prices and U.S. CPI data firm rate-hike bets, dimming the appeal of riskier assets like crypto. Treasury yields have been moving higher across the curve, which could continue to weigh on the non-yielding cryptocurrency, says Konstantinos Chrysik…
For cryptocurrency businesses waiting for Washington to settle how their industry should be regulated, the next hurdle comes down to a familiar number: 60.That is the support needed to clear Tuesday’s procedural test for the Digital Asset Market Clarity Act. After months of negotiations and a newly …