The new Fed chair's challenge with inflation and market confidence could redefine crypto's role as an inflation hedge amid economic uncertainty. Bitcoin treads water as new Fed chair inherits a confidence crisis.
Trump Media & Technology Group (NASDAQ:DJT) transferred another 2,650 Bitcoin (CRYPTO: BTC) worth roughly $205 million to Crypto.com, deepening scrutiny of its cryptocurrency strategy as unrealized losses swell to $455 million. Company Bought 11,542 Bitcoin At $118,522 Average Price Trump Media originally purchased 11,542 Bitcoin for approximately $1.37 billion at an average acquisition price of $118,522 per coin.
Billionaire investor Mark Cuban has reignited the Bitcoin vs gold debate after criticizing Bitcoins performance as a safe haven asset. Cuban revealed that he sold most of his Bitcoin holdings after becoming disappointed with how the cryptocurrency reacted to global economic and geopolitical tensions.
Galaxy Digital Head of Research Alex Thorn gives the CLARITY Act 70% odds of passing and says it could put Bitcoin (CRYPTO: BTC) “on a path to new all-time highs” if signed into law. Nine Weeks Left To Pass Before August Recess Congress has about nine weeks of session time left before the August recess, with 6 to 7 weeks of work needed to get the bill to President Trump's desk, Thorn said in an interview with Cointelegraph on Thursday.
If Bitcoin drops below $73,786, more than $1.29 billion in leveraged long positions could be liquidated across major centralized exchanges, according to derivatives analytics platform Coinglass.
Trump Media Technology Group (NASDAQ: DJT), the parent company of Truth Social, has transferred another 2,650 bitcoin to Crypto.com, fueling renewed concerns over the companys cryptocurrency investment strategy. Based on current bitcoin prices, the transaction is valued at approximately $205 million, according to blockchain tracking data shared by Lookonchain.
Can the U.S establish a BTC reserve before 2027 as November midterms draws closer?
Bitcoin (BTC) and Ethereum (ETH) entered the weekend with limited price movement as the broader crypto market traded sideways. BTC remained stuck between $76,100 and $78,000 over the past four days, while ETH also struggled to break out, signaling reduced volatility across major digital assets.
Bitcoin trades near $77,200 on May 22 as investors continued navigating a fragile consolidation phase shaped by cautious miner behavior, weakening momentum signals and growing discussions surrounding long-term quantum computing risks.
Bitcoin Pizza Day returns on May 22, marking sixteen years since Laszlo Hanyecz traded 10,000 BTC for two Papa John's pizzas. What once felt like a quirky anecdote now reads like a defining moment in digital finance.
Crypto analyst Phila has predicted that the Bitcoin price could see a massive decline to $55,000 after breaking a 14-year support level. This comes amid BTC's fall below the psychological $80,000 level, with the leading crypto now at risk of dropping to new lows.
Germany's Finance Committee has rejected a proposal from the Green Party to scrap the country's tax exemption for cryptocurrencies held longer than one year.