Bitcoin Falls Below $78,000 as Analysis Eyes a New Bear Trap

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Rewrite this content into a 1000-word SEO friendly article: Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds for risk assets.Support weakness has traders … Read more

THORChain Opens Refund Portal After $10M Hack

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Rewrite this content into a 1000-word SEO friendly article: THORChain has confirmed a $10 million exploit and launched a recovery portal, giving affected users a self-custodial path to revoke malicious token approvals and submit refund claims backed by a treasury-provisioned refund pool of equal size. In a Saturday post on X, THORChain Foundation introduced the … Read more

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

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Rewrite this content into a 1000-word SEO friendly article: The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill. In a Friday letter … Read more

Myanmar’s Military Government Proposes Life in Prison for Crypto Scammers

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Rewrite this content into a 1000-word SEO friendly article: The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers. According to the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the Pyidaungsu Hluttaw, proposed the law … Read more

Signal Says it Might Exit Canada if Forced to Comply with Lawful Access Bill

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Rewrite this content into a 1000-word SEO friendly article: Privacy messaging app Signal has said it may exit Canada if forced to comply with the country’s proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe … Read more

Nigel Farage Reportedly Bought Property Shortly After Sizable Crypto Gift

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Rewrite this content into a 1000-word SEO friendly article: United Kingdom politician Nigel Farage, the leader of the Reform Party, purchased a property valued at 1.4 British pounds ($1.8 million) after receiving a 5 million pound ($6.7 million) “personal gift” from crypto billionaire Christopher Harborne.  The real estate deal closed in May 2024, several weeks … Read more

Bitcoin Can Still Hit $85,000 as Stocks Head to New All-Time Highs

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Rewrite this content into a 1000-word SEO friendly article: Bitcoin (BTC) touched $80,000 around Thursday’s Wall Street open as US stocks hit fresh all-time highs and oil retested $100. Key points: Bitcoin rebounded to $80,000 while US stock markets hit new records, ignoring high inflation. Risk appetite is “skyrocketing,” analysis says, despite worries over central-bank … Read more

Coinbase CEO Brian Armstrong Says Clarity Act ‘Closer Than Ever’

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Rewrite this content into a 1000-word SEO friendly article: Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate’s markup of the crypto market structure bill on Thursday.  “I don’t think it’s ever been in a stronger or more bipartisan position,” he said … Read more

Four-Year Highs In US PPI Data Cost Bitcoin the $80,000 Mark

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Rewrite this content into a 1000-word SEO friendly article: Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm.Key points:Bitcoin price action sees fresh downside pressure thanks to US PPI inflation reaching its highest since 2022.Odds of further financial tightening by the Federal Reserve increased in a headwind … Read more