On Tuesday, the US Senate Banking Committee’s digital assets subcommittee is scheduled to hear testimony from former regulators and industry leaders in consideration of legislation to establish a digital asset market structure framework. In prepared testimony for the Tuesday hearing, former Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam said the regulator’s “current trajectory [was] not sustainable” without addressing gaps for cryptocurrencies. He suggested that lawmakers consider market structure requirements focusing on “customer protections, avoidance of conflicts of interest, and market resiliency.” “[…] I do not believe public interest for…
Tag: Market
How traders trick the market
What is crypto spoofing? Crypto spoofing is a market manipulation tactic in crypto where traders try to mislead others by placing fake buy or sell orders to influence a cryptocurrency’s price. Picture this: A trader places a massive buy order for Bitcoin (BTC), creating the illusion of strong demand. This move might entice other traders or trading bots to jump on board, anticipating a price surge. But here’s the twist: Once the price starts climbing, the trader pulls the rug out from under everyone by canceling that fake order and…
Crypto Market Soars as Iran-Israel Truce Triggers $486M Liquidation
Key Notes Crypto market saw $482 million in total liquidations. Crypto investment products witnessed $1.2 billion in weekly inflows. Bitcoin has reclaimed critical weekly support at $104,400. With Iran and Israel striking a peace deal ending the 12-day war, crypto market rallied in the last 24 hours, with Bitcoin surging 4%, while altcoins like Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) have all rallied by 8% in the last 24 hours. This massive rally comes as risk-ON sentiment revives with oil price tanking under $65 per barrel overnight. Amid…
Aptos’ APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce
CryptoX Analytics is CryptoX’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CryptoX Analytics is undergoes human editing by CryptoX’s editorial team before publication. The tool synthesizes market data and information from CryptoX Data and other sources to create timely market reports, with all external sources clearly attributed within each article. CryptoX Analytics operates under CryptoX’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about…
As Stablecoin Bill Heads To House, Senate Shifts To Market Structure
Roughly a week after the US Senate voted to pass the GENIUS Act to regulate payment stablecoins, the chamber is moving to discuss a path forward for a digital asset market structure framework. On Tuesday, lawmakers in the Senate Banking Committee’s digital asset subcommittee will hear from lawyers at Coinbase and Multicoin Capital as part of efforts to establish “bipartisan legislative frameworks for digital asset market structure.” The hearing will include testimony from Coinbase’s vice president of legal, Ryan VanGrack, Multicoin Capital’s general counsel, Greg Xethalis and University of Pennsylvania…
Strategy Adds 245 Bitcoin, Totaling 592,345 BTC Amid Geopolitical and Market Turmoil
Amid global instability and market volatility, Strategy expands its bitcoin holdings with a $26 million acquisition, driving its stash to 592,345 BTC and reinforcing its dominant crypto strategy. Strategy’s Bitcoin Stash Hits 592,345 BTC After Fresh $26M Acquisition Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 23 that it […] Original
HYPE Defies Market Slump, Gains 6% After $18M Whale Shopping
Key Notes HYPE jumped 6% even as broader crypto markets declined. A newly created whale wallet bought $18.3 million in HYPE at weekend lows. Analysts suggest early bullish momentum with immediate resistance at $38.8. While the broader crypto market remains under intense selling pressure, Hyperliquid HYPE $35.22 24h volatility: 8.3% Market cap: $11.78 B Vol. 24h: $430.74 M has emerged as the only top-10 altcoin surviving the red wave. The token is currently trading at around $36.05, up by around 6% in the past 24 hours. This bullish move follows…
Bitcoin rebounds above 100K as market absorbs Iran war fears
Bitcoin has clawed its way back above the $100,000 after briefly dipping below the key psychological level for the first time in months driven by Middle East geopolitical tensions. The rebound follows a steep sell-off brought on by rising Middle East tensions after U.S. airstrikes on Iranian nuclear facilities at Fordow, Natanz, and Isfahan. A wave of liquidations followed, pushing Bitcoin down almost 4% to a multi-week low of $98,615 on June 22. Meanwhile, Ethereum (ETH) and Solana (SOL) saw losses of up to 10% and 5%, respectively. The airstrikes,…
Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate. This…
Ethereum Price Slides 10% — Market Sentiment Turns Cautious
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a fresh decline below the $2,500 zone. ETH is now consolidating losses and might attempt to recover above the $2,250 resistance. Ethereum started a fresh decline below the $2,350 level. The price is…