Bitcoin surpassed $66,500 for the first time since July, driven by three key regulatory and macroeconomic catalysts in the U.S. The SEC submitted the Regulation Crypto Assets proposal, which simplifies capital access for companies in the sector and creates a safe harbor framework. Spot Bitcoin ETFs recorded daily net inflows of $189.30 million.
The integration of USDU into Bitcoin.coms wallet could enhance stablecoin adoption, bridging regulatory compliance with consumer accessibility. Bitcoin.com integrates USDU, the UAE's first central bank-registered dollar stablecoin, into its wallet.
Strive's strategic Bitcoin accumulation highlights a growing trend of firms leveraging crypto as a primary reserve, impacting market dynamics. Strive's Bitcoin holdings increase by $69M as Bitcoin rises $3,400.
Zhibao Technology, a Chinese insurance technology company listed on Nasdaq, closed a private funding round of $154.7 million paid entirely in cryptocurrencies. A syndicate of non-U.S. investors deposited 2,380 Bitcoin directly into a corporate wallet, without any prior conversion to cash, at a reference price of $65,000 per unit based on market levels as of July 30.
Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery into a one-minute price spike of roughly 4%.
The GENIUS Act's enactment and Bitcoin reserve establishment may boost regulatory clarity, potentially influencing crypto market dynamics. US codifies GENIUS Act, establishes Bitcoin reserve under Trump.
Traders betting against Bitcoin and the crypto markets are getting liquidated as BTC's price pushes higher. In the last 24 hours, a total of $1.93 billion in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going short, coming in at $1.75 billion.
The U.S. interest in expanding Bitcoin reserves could significantly impact market dynamics and influence global digital asset strategies. Trump: US considers buying sizable Bitcoin amounts.
The exchange has not set suspension times as block 963,648 opens an Alpha stage for practice ECX.
Bitcoin prices rallied sharply on August 19, approaching $70,000 after the U.S. Treasury announced an expansion of its existing program to purchase long-term bonds.
The integration of crypto derivatives into U.S. markets could enhance regulatory clarity, potentially boosting investor confidence and market growth. White House highlights approval of Bitcoin perpetual futures and efforts to bring Hyperliquid to the US.
Bitcoin picks up speed. BTC crossed $66,500 before continuing its rise towards $69,000.