Tim Scott Says CLARITY Act Could Finally End Crypto Confusion

Strategy's Bitcoin sale highlights potential volatility in crypto markets and raises questions about future financial strategies and stability. The post Strategy’s Bitcoin sale raises concerns over market impact as shares drop 6% appeared first on Crypto Briefing.

Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains. Bitcoin Erases April Gains Bitcoin’s downward slide continued on Wednesday as the cryptocurrency dipped below $66,000, erasing its April gains. The digital currency plunged from just over $67,700 to an intraday low of $65,362—a […]

Bitcoin is once again at the center of a fierce debate. While many market participants have interpreted recent weakness as the beginning of a new bear market, crypto trader @CryptoFergani argues the opposite. According to his assessment, the market has already endured its bearish phase, and current conditions point to a different stage of the cycle altogether.  Bitcoin’s Bear Phase May Already Be Behind It To understand his argument, it is important to look beyond daily price swings and focus on the larger structure of the market. @CryptoFergani’s chart presents Bitcoin moving within a long-term ascending channel that has guided price action across multiple cycles. Historically, the lower boundaries of this channel have acted as accumulation zones, while the upper boundaries have marked periods of optimism and cycle peaks. Related Reading: Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs The chart highlights several occasions where Bitcoin touched the lower sections o

Kalshi has launched CFTC-approved bitcoin perpetual futures in the United States, giving American traders access to a regulated version of a product that has long been dominated by offshore crypto exchanges. Kalshi announced on X that its bitcoin perpetual futures…

DDC's strategic Bitcoin accumulation highlights the growing trend of diverse industries adopting cryptocurrency as a core asset, broadening market dynamics. The post DDC Enterprise buys additional 90 Bitcoin, holds 2,804 BTC appeared first on Crypto Briefing.

US spot Bitcoin ETFs pulled in another $519 million of net redemptions on June 2, extending the longest outflow run since the funds launched and tipping a leveraged market into $1.86 billion of forced selling.

Senator Cynthia Lummis has accused JPMorgan Chase CEO Jamie Dimon of misrepresenting the Clarity Act after his sharp attack on Coinbase CEO Brian Armstrong and on crypto market-structure legislation. CNBC reported that Lummis, who chairs the Senate Banking Subcommittee on…

Defend Developers PAC will back only incumbent lawmakers supporting developer protections, a flashpoint in ongoing Clarity Act negotiations.