As the Democrats and critics of the CLARITY Act – a United States bill that would create clear rules for the cryptocurrency industry – accuse President Donald Trump of crypto corruption, Wyoming Senator Cynthia Lummis has emphasized that legislation already contains unmatched ethics standards. In an X post on July 31, Senator Lummis stated that […]
With XRP price having returned to a crucial multi-year support level following its 2025/2026 bear market, the token’s withdrawal transactions have spiked to their highest share in more than five years. On July 31, Binance’s seven-day XRP withdrawal transaction share surged to 55.6%, the highest level since February 2021. Additionally, the same metric across all […]
As the leading cryptocurrency Bitcoin continues to search for direction around $64,000, one analyst stated that $BTC has bottomed out and that he does not expect a sharp decline. Crypto analyst Killa, known by his pseudonym and closely followed in the cryptocurrency market, said that Bitcoin is unlikely to experience a sharp pullback to the […]
The U.S. Treasury imposed sanctions on two Iranian companies on Wednesday, July 29, as they were accused of operating a maritime insurance scheme that accepted Bitcoin (BTC). According to the official statement, the Treasury’s Office of Foreign Assets Control (OFAC) designated the Persian Gulf Marine Insurance Company and the HormuzSafe Marine Services Authority, also known […]
Bitcoin continues to trade sideways near $64,000 amid ongoing uncertainty surrounding US monetary policy and geopolitical risks in the Middle East. While BTC struggles to find direction, one analyst predicts that the next uptrend in Bitcoin could come after the US midterm elections. Joao Wedson, founder and CEO of cryptocurrency analytics company Alphractal, has once […]
Following a roughly 30% rally that started as the cryptocurrency hit lows near $1,500, Ethereum (ETH) is now threatening a bearish reversal based on a well-regarded technical indicator. Specifically, the top on-chain analyst on X, Ali Martinez, warned early on July 31 that TD Sequential flashed a sell signal as ETH hit levels close to […]
As July ends, the options market is reflecting a major shift in positioning. The $60,000 bitcoin $BTC$63,790.14 put option, a position protecting against a price drop, is now the most popular bet on Deribit, the world’s largest crypto options exchange. As of this writing, that put had a notional open interest of $1.17 billion. Traders […]
U.S.-listed companies now collectively hold 1.24 million Bitcoin, accounting for 92.7% of all Bitcoin held by publicly traded firms worldwide, according to data from Unfolded. The figure marks a significant concentration of corporate Bitcoin ownership within the United States and reflects a sharp acceleration in institutional adoption over the past year. Record Corporate Accumulation Outpaces […]
Bitcoin has historically entered bearish phases approximately one year prior to each US legislative election. A Binance Research report notes that the asset dropped an average of 56% during completed midterm cycles since 2014. Previous presidential elections showed a different behavior, with sharp rallies following candidates’ victories. Joao Wedson recently published an analysis asserting that […]