Bitcoin approached important near-term support on new Fed chair Kevin Warsh’s first FOMC day with a $55,000 BTC price target still on the table. Read More at https://cointelegraph.com/markets/bitcoin-trader-warns-of-bearish-reaction-to-fomc-with-64k-now-essential?utm_source=rss&utm_medium=rss&utm_campaign=rss
Category Archives: Uncategorized
Hyperliquid’s $10B open interest coincides with growth in equity-linked markets: Talos
Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading with 24/7 accessibility, according to Talos. Read More at https://cointelegraph.com/news/hyperliquids-10b-open-interest-growth-equities-commodities?utm_source=rss&utm_medium=rss&utm_campaign=rss
BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU. Read More at https://cointelegraph.com/news/bitgo-mica-vasp-workaround-binance-license-uncertainty?utm_source=rss&utm_medium=rss&utm_campaign=rss
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the 21st Century Road to Housing Act. Read More at https://cointelegraph.com/news/congress-reaches-deal-on-housing-bill-inclusive-of-cbdc-ban-until-2030?utm_source=rss&utm_medium=rss&utm_campaign=rss
Strategy’s STRC falls to $91 as investors flinch at latest BTC buying
“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen. Read More at https://cointelegraph.com/news/strc-hits-all-time-low-as-latest-btc-purchases-seen-as-unsustainable?utm_source=rss&utm_medium=rss&utm_campaign=rss
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings. Read More at https://cointelegraph.com/news/crypto-advocates-execs-push-back-on-illinois-transaction-tax?utm_source=rss&utm_medium=rss&utm_campaign=rss
Hyperliquid open interest surges 32% in a week: Is $80 HYPE next?
Despite mixed HYPE derivatives market signals, Hyperliquid’s explosive TradFi perpetual growth makes a push toward $80 increasingly realistic. Read More at https://cointelegraph.com/markets/hyperliquid-open-interest-gains-32-in-a-week-is-80-hype-next?utm_source=rss&utm_medium=rss&utm_campaign=rss
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.” Read More at https://cointelegraph.com/news/senators-urge-treasury-ensure-state-authority-in-genius-application?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin Covenants Part 2: OP_CHECKTEMPLATEVERIFY
CTV lets a Bitcoin output commit to precisely what the next transaction must look like. This enables trust-minimized vaults, congestion control, and smart contract primitives without pre-signed key management. Read More at https://cointelegraph.com/research/bitcoin-covenants-part-2-op-checktemplateverify?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin tops $67K following US-Iran peace deal: Is it a bull trap?
Despite Bitcoin derivatives data highlight traders’ skepticism even though BTC briefly rallied above $67,000. Are bulls stepping into a trap? Read More at https://cointelegraph.com/markets/bitcoin-tops-67k-following-us-iran-peace-deal-is-it-a-bull-trap?utm_source=rss&utm_medium=rss&utm_campaign=rss