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The Fed’s FOMC minutes on Wednesday signaled a high chance of interest rate cut next month, which is considered bullish for Bitcoin and the entire crypto market.
Bitcoin bears need to be careful moving forward as the derivatives data highlights the chance of Bitcoin Short squeeze that can trigger sharp rallies in the world’s largest crypto asset.
The lawsuit accuses Binance of playing a pivotal role in the money laundering scheme, thereby violating the Racketeer Influenced and Corrupt Organizations Act (RICO).
Justin Sun’s Sundog (SUNDOG) meme coin breaks into the crypto market, quickly reaching a $200M market cap. The SunPump platform fuels this surge, rivaling Solana’s meme ecosystem.
Bitcoin miner crisis and capitulation seen in the past three months seems to be over, per key metric that track’s the sector’s health.
Stablecoin issuer Tether Holdings is on track to launch USDT on Aptos in a bid to expand the reach of both protocols.
Revolut, a leading fintech company based in the United Kingdom, has formed a strategic partnership with Ledger, a prominent provider of crypto-focused hardware wallets, to make digital asset purchases more accessible for users in select European countries.
The US-based crypto exchange Coinbase has hinted at the launch of a new product tagged cbBTC through a post on their X page.
Ethereum (ETH) is a huge beneficiary of the recent price correction. Beyond the $155 million in inflows last week, its year-to-date inflows have reached $862 million.
The SEC noted that the court has recognized Ripple’s “willingness to push the boundaries” of the summary judgment order, indicating a likelihood of future violations.
On-chain data shows that short-term Bitcoin holders are currently holding the largest unrealized losses since the FTX implosion.
While five of the eleven approved Bitcoin ETFs saw positive inflows running into the millions, the remaining products experienced mixed results.
Despite recent inflows signaling renewed confidence in Bitcoin ETFs, Grayscale’s GBTC continues to struggle with significant outflows, highlighting ongoing investor hesitation.
Judge Analisa Torres stated that the case “does not involve allegations of fraud, misappropriation, or other more culpable conduct” by Ripple. The judge reduced penalty by 94% from the SEC’s demand of $2 billion.
The US-based spot Ethereum ETFs registered a total cash inflow of about $150 million led by BlackRock’s ETHA.