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Bitcoin climbs to near $72,000 after Treasury Secretary Bessent attempts to calm oil fears

Bitcoin has surged close to $72,000 following comments from Treasury Secretary Bessent aimed at alleviating concerns over rising oil prices. The increase in Bitcoin's value reflects a broader market response to geopolitical tensions affecting oil supply. Analysts suggest that Bessent's reassurances have contributed to renewed investor confidence in cryptocurrencies. This price movement highlights Bitcoin's ongoing volatility and its potential as a hedge against inflation and economic uncertainty.

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Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

Crypto exchanges are lobbying U.S. lawmakers to exclude a provision from a proposed regulatory bill that would classify certain cryptocurrencies as risky tokens. The provision could impose stricter regulations on these tokens, which many exchanges argue would stifle innovation and limit consumer access. Industry representatives are concerned that the

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

Bitcoin's price has stalled amid significant outflows from Bitcoin exchange-traded funds (ETFs), totaling $268 million. This decline in ETF investments has raised concerns about the cryptocurrency's momentum. Analysts are speculating whether the appointment of a new Federal Reserve chair could reignite interest and restore the rally

CLARITY Act sees ‘big step forward’ as markup set for May 14

The CLARITY Act is set to undergo a markup session on May 14, marking a significant advancement in the legislative process for cryptocurrency regulation. This act aims to provide clear definitions and guidelines for digital assets, potentially easing the regulatory landscape for the crypto industry. Supporters believe that the legislation

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Coinbase has experienced a rebound as altcoins see significant gains, while Bitcoin remains stable above the $80,000 mark. This surge in altcoin prices has positively impacted trading volumes on the Coinbase platform. Analysts suggest that the current market momentum could attract more investors, further boosting the cryptocurrency ecosystem. The

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Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

CLARITY Act sees ‘big step forward’ as markup set for May 14

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000