U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
David Bailey’s Nakamoto closes KindlyMD merger for Bitcoin treasury
Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD have merged to establish a new Bitcoin treasury company.
Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys
Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.
Crypto Slide Spurs $1B Leverage Flush, But It’s a Healthy Pullback, Analysts Say
Despite the largest long liquidation since early August, the overall outlook for the cryptocurrency rebound remains positive.
Bitcoin Tops $122K, Eyes Fresh Record, With Ether Just 3% From 2021 ATH
The current macro backdrop has rarely been more favorable for risk assets, and the market hasn’t fully priced in what’s coming, a report said.
- Bitcoin was closing in on a fresh record high during U.S. afternoon trading hours.
- Ether was also climbing and just 3% from its late 2021 peak.
Bitcoin growth ‘remains exceptional’ as data shows BTC’s strongest phase just starting
Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns.
Markets Today: OKB, FART Surge as Ether Races Toward Record Highs
Open interest in ether futures has increased significantly, indicating bullish sentiment among traders.
Bitcoin Profit Taking Appears Modest Even Near All-Time High
Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.
Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.
