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 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 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 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.
