Bitcoin ETFs saw net inflows of nearly $1 billion Monday, as BTC's price surge put average holders back in profit for the first time since January.
BTC hit highs above $86,000 Monday, despite last week's Clarity Act and Fed rate setbacks—leaving traders pondering if this is a natural recovery or a bull trap.
BTC surged to highs above $81,000 Friday, liquidating over $230 million in Bitcoin short positions as the Fed posted an unexpectedly dovish forecast.
The regulator is moving to set the crypto agenda with a compliant pathway for tokenized equities, after the Clarity Act stalled in the Senate earlier this week.
With the Clarity Act having failed to pass the Senate, industry advocacy group Stand With Crypto vowed to score senators' votes on the issue ahead of the midterms.
The Senate failed to advance the Clarity Act in a 49-50 cloture vote, with lead negotiator Cynthia Lummis saying the fight for the crypto market-structure bill is over.
Senate Republicans' revised "last, best and final" Clarity Act won Trump's backing on tougher ethics rules ahead of Tuesday's make-or-break cloture vote.
The company is refusing to pay a "ransom" to the hackers who are still holding on to $47 million in BTC.
Brian Armstrong told CNBC that $400,000 Bitcoin by 2030 is still a "reasonable target," arguing the downturn has bottomed out ahead of the Senate's Clarity Act vote.
Hunter Biden's meme coin debut was an inauspicious one, as the LAPTOP token slumped 99% on its launch.
The Bitcoin treasury firm's return to buying BTC lasted exactly a week, with Strategy instead spending $176.3 million on a preferred stock buyback.
Biden's LAPTOP meme coin will drop on Base this week—with a chunk of its supply earmarked for those who lost money on TRUMP.
