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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 in Bitcoin prices. Market sentiment remains cautious as investors await further developments in both the crypto and economic landscapes.

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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

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

Senate Banking Committee plans to hold key market structure hearing on Thursday

The Senate Banking Committee is set to hold a crucial hearing on market structure this Thursday, focusing on the regulatory framework for cryptocurrencies and digital assets. This hearing aims to address concerns about market volatility, investor protection, and the need for clearer regulations in the crypto space. Key witnesses from

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

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

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

Senate Banking Committee plans to hold key market structure hearing on Thursday