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Bitcoin is facing a major hurdle around $70,000 that will decide if this rally is built to last

Bitcoin is facing a major hurdle around $70,000 that will decide if this rally is built to last

3 days ago by Crypto InsightsCrypto

Bitcoin BTC$65,121.75 snapped back near $69,000 on Wednesday, rallying more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a prolonged stretch of pessimism. Ethereum’s ether (ETH), DOGE$0.1030, native tokens of Solana (SOL) and ADA$0.3006 all posted double-digit gains, extending… Read More

BTC hits $67,000; ETH, DOGE, SOL lead amid crypto short squeeze

BTC hits $67,000; ETH, DOGE, SOL lead amid crypto short squeeze

3 days ago by Crypto InsightsCrypto

Bitcoin BTC$65,121.75 bounced back to $67,500 during Wednesday’s U.S. morning session, gaining more than 5% over the past 24 hours as deeply bearish positioning across the crypto market began to unwind. The move sparked a broader relief rally across altcoins. Ethereum’s ether (ETH) surged 10%,… Read More

Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop

Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop

4 days ago by Crypto InsightsCrypto

Tether USDT$1.0002, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery. Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1%… Read More

crypto wallets for AI agents are creating a new legal frontier

crypto wallets for AI agents are creating a new legal frontier

4 days ago by Crypto InsightsCrypto

SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans. As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing software to hold assets, pay for services, trade tokens and even… Read More

Fed proposes rule to deal with crypto debanking by scrapping ‘reputation risk’

Fed proposes rule to deal with crypto debanking by scrapping ‘reputation risk’

4 days ago by Crypto InsightsCrypto

Days after JPMorgan Chase & Co. admitted to debanking President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve seeks comments on its proposal that would stop government supervisors from pushing banks to sever ties with lawful customers based on… Read More

Bitcoin drifts toward $60,000 as traders brace for potential washout: Crypto Markets Today

Bitcoin drifts toward $60,000 as traders brace for potential washout: Crypto Markets Today

4 days ago by Crypto InsightsCrypto

Bitcoin BTC$63,304.16 fell for a fourth straight day to around $63,100, its lowest since Feb. 6’s $60,200, CoinDesk data show. The latest move to the downside coincides with risk-off sentiment from investors across global markets. U.S. equities have lost ground this week, and the dollar… Read More

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