Bitcoin Threatens to Break Previous Monthly Cycle High
Bitcoin is nearing a critical point where it may break the previous monthly cycle high of 61,359, a first in its history.
Other news
Taylor Lindman Appointed as Chief Counsel of SEC Crypto Task Force
Taylor Lindman has been appointed as the new Chief Counsel of the SEC's Crypto Task Force, focusing on compliance and legal guidance for digital assets.
Potential Changes in Bitcoin Derivatives Markets Following CLARITY Act
Market expert MartyParty highlights that the CLARITY Act could lead to significant changes in Bitcoin derivatives markets, enhancing CFTC authority and encouraging institutional participation.
Crypto Investment Funds Face Continued Outflows Amid Market Slowdown
Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.
Blockchain Association Unveils New Tax Principles for Digital Assets
The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.
Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning
The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.
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