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Despite a 16.8% decline, Cardano traders remain bullish as key indicators suggest a recovery. If ADA holds support, it could aim for $1 again.
Bitcoin ETFs faced heavy outflows amid macroeconomic uncertainty and unwinding arbitrage trades. Trump's Strategic Bitcoin Reserve announcement failed to spark a rally, leading to a sharp market correction.
XRP faces mounting bearish pressure as open interest and price dip. With traders closing positions and sentiment weakening, will bulls step in?
PI continues its downward spiral, shedding nearly 20% in a week. With sell-offs mounting and key indicators flashing red, will bulls regain control?
The OCC's new guidance lets banks engage in crypto custody and stablecoin services without prior approval. While the decision is a win for crypto adoption, lingering Fed and FDIC restrictions still pose challenges for full banking integration.
- 19:56SEC Chair: Cryptocurrency Should Be Clearly RegulatedNewly appointed SEC Chair Atkins spoke at a crypto roundtable organized by regulators in Washington, D.C. This was his first public appearance since officially taking on the role. He noted that the previous administration at the SEC contributed to uncertainty. "Unfortunately, innovation has been stifled over the past few years due to market and regulatory uncertainty, and unfortunately, the SEC has contributed to this uncertainty." Atkins assured the crypto industry that he is ready to collaborate with the U.S. Congress and the Trump administration to make regulation in this field clearer. In his view, a "reasonable purpose framework" for regulation is key to fostering the development of the digital assets industry, including risk reduction.
- 19:55Bitcoin ETF Records Largest Weekly Inflow Since Trump's Inauguration, Institutions Drive RallySantiment data shows that as Bitcoin rebounded to a high of $95,800 today, BTC ETFs experienced the largest weekly inflow since Trump's inauguration. Institutions, including BlackRock, have driven a strong rebound in the entire crypto market.
- 19:54Coeptis Announces Merger with Z Squared, Transitions to Digital Asset Mining CompanyAccording to The Block, Coeptis Therapeutics will merge with Z Squared, a company focused on Dogecoin mining, and plans to rename itself as Z Squared, officially transitioning from a biopharmaceutical company to a digital asset mining enterprise. The merger will include the acquisition of 9,000 Dogecoin mining machines and the divestment of its existing biopharmaceutical division. As a result of this announcement, Coeptis' stock price plummeted nearly 40%, with a current market value of approximately $32 million. The new company will be led by Z Squared's current CEO David Halabu and COO Michelle Burke, aiming to become the largest publicly traded Dogecoin mining company in the United States.