US Senate Crypto Hearing Derailed by Bizarre Outburst
In Brief Senator John Kennedy’s outburst at a Senate crypto hearing targeted Richard Painter over a months-old tweet, derailing the discussion. Kennedy’s comments about Painter, calling him a “whackjob,” seemed strange given Painter’s tweet was about Democratic Senator Gillibrand, not Republicans. The incident highlights the fragile bipartisan support for crypto, with potential fallout if pro-crypto…
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Trump Family Is Indirectly Increasing Its Bitcoin and Crypto Investment
In Brief Donald Trump Jr. invested $4 million in Thumzup, a corporate crypto holder expanding into altcoins, diversifying his family’s crypto portfolio. Thumzup plans to broaden its holdings, adding Ethereum, Dogecoin, and others to its Bitcoin-focused treasury for greater financial flexibility. This move aligns with the Trump family’s growing interest in altcoin diversification, following the…
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Why is the Crypto Market Up Today?
In Brief The crypto market cap surged by $91 billion to $3.42 trillion, with a key resistance at $3.43 trillion. Bitcoin hits a new ATH of $111,999, aiming to break the $112,000 resistance for further gains. SPX rises 11.5%, nearing its ATH of $1.77, but must break $1.55 resistance to continue its rally. The total…
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Coinbase is Listing These Four Altcoins For New York Residents
In Brief Coinbase lists four tokens in compliance with New York’s BitLicense, including Subsquid (SQD), Celestia (TIA), Bittensor (TAO), and XYO. The exchange has listed SQD multiple times in the past month and has seen mixed reactions with other tokens due to regional requirements. Despite market fluctuations, Coinbase’s stock has surged by 38%, signaling confidence…
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Why is the Crypto Market Up Today?
In Brief Total crypto market cap rises by $22 billion, with $3.31 trillion as support and a potential target of $3.43 trillion if Trump’s trade deals boost sentiment. Bitcoin consolidates between $108,000 and $110,000, aiming for ATH of $111,980, but risks falling to $105,585 if market turns bearish. CRO surges 18%, recovering from losses, with…
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Is Elon Musk Right To Criticize the Rising Debt Ceiling and Bet On Bitcoin?
In Brief Elon Musk critiques the US debt ceiling and Trump’s “One Big Beautiful Bill,” calling it a ticking “debt bomb.” Bitcoin gains attention as a potential solution to the growing US national debt due to its stability and long-term growth. Experts warn of Bitcoin’s volatility but acknowledge its potential as a hedge against inflation…
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Cardano (ADA) Price Holds Flat, But Quiet Accumulation Could Spark a Surprise
In Brief Price stuck at $0.58, trapped below trendline resistance near $0.612 OBV rising while price stays flat — early sign of stealth buying Netflows remain negative, but total holders just hit a new YTD high Cardano (ADA) hasn’t moved much this week. The price hovers near $0.587 at the time of writing despite a…
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Bit Digital Sells Bitcoin for Ethereum, Stock Jumps 18% After Strategic Shift
In Brief Bit Digital has sold its Bitcoin holdings and transitioned its entire treasury to Ethereum, acquiring 100,603 ETH worth $254.8 million. The move reflects the company’s belief in Ethereum’s long-term potential, positioning it as a major ETH holder among public firms. CEO Sam Tabar emphasizes Ethereum’s potential as a key asset for economic activity,…
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HBAR Price Shows Bullish Divergence, But Weak Fundamentals Still Haunt the Rally
In Brief HBAR’s price is showing a classic bullish divergence on the RSI, hinting at a possible breakout. Chaikin Money Flow has turned positive but still lacks strong confirmation from volume or broader flows. Developer activity continues to decline sharply, casting doubt on long-term conviction. HBAR, Hedera’s native token, is showing signs of life after…
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Why Dogecoin Could Be Ready for Liftoff — Whale Moves Signal Breakout
In Brief DOGE’s whale accumulation surged 112% in a week, signaling renewed interest despite flat price performance and low volatility. Futures data shows strong demand for long positions, with a positive funding rate indicating bullish trader sentiment. Continued accumulation could push DOGE toward $0.175, with a breakout opening potential for a rally to $0.206. Top…
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