Bitcoin’s recent correction raises the question: is this just a pullback, or the beginning of a range-bound market? A breakdown in structure may hint at deeper retracements ahead. Bitcoin (BTC) has seen a notable shift in momentum following a strong uptrend that began at the $75,000 swing low. After reaching new all-time highs, recent price action has faltered, failing to sustain its bullish trajectory. This has prompted traders to ask whether Bitcoin is gearing up for further upside, or settling into a broader consolidation phase. Technically, both outcomes are plausible,…
Tag: Market
Keeta (KTA) Price Gains 15% as Market Cap Crosses $600M, Trader Nets 54x Return
Key Notes KTA jumped 15% in 24 hours, pushing its market cap to $663 million. An upcoming stress test for KTA’s mainnet is driving investor confidence. A trader turned $171K into $9.3M on KTA in just three months. While the broader crypto market started slow on Monday, Keeta (KTA) is riding a strong wave of momentum. The cryptocurrency posted a 15% gain over the last 24 hours, pushing its market capitalization to $663 million. This surge puts KTA within striking distance of entering the top 200 cryptocurrencies by market cap.…
Prediction Market Frenzy: Musk-Trump War Fuels Bizarre Political Wagers
Ever since tensions flared between Elon Musk and Donald Trump, markets have seesawed and social media has lit up with fiery takes on the so-called “Big Beautiful Bill.” The clash between the sitting U.S. president and the world’s wealthiest individual has also sent prediction markets into a frenzy. One wager, with $134,277 in action, pegs […] Source CryptoX Portal
Bitcoin Stabilizes at $104,000 Mid-Range as Market Eyes Next Breakout
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
SEC Urged to Stop Favoring Late Filers in Crypto ETF Race for Market Share
Top investment firms demand SEC reinstate filing-order rule to protect crypto ETF innovation and prevent market dominance by giants. SEC Urged to Restore First-to-File Rule as Big Firms Exploit System Shift Executives from asset management firms Vaneck, Canary Capital, and 21Shares issued a joint letter to U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins […] Source BitcoincryptoexchangeExchanges CryptoX Portal
NFT market makes modest comeback as Bitcoin hits $105k level
The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop. At press time, Bitcoin (BTC) price has surged to the $105,000 level. At the same time, Ethereum (ETH) has shown no significant movements in the last seven days. The global crypto market cap is now $3.28 trillion, up from last week’s $3.25 trillion. According to data from CryptoSlam, market participation continues to grow, with NFT buyers increasing by 55.08% to 826,992. At the same time,…
$3 Million NFT Fortune Vanishes To Crypto Tax and Market Crash, Here’s How
Key Notes Musician Jonathan Mann made $3 million from selling his songs as NFTs in January 2022. As the Ethereum price crashed in the same year, so did the value of his earnings. Still, the Internal Revenue Service office taxed him on the basis of the price he paid for the holding when he first received it. Jonathan Mann, an American singer and songwriter, recently experienced a notable crypto loss due to the market crash. The musician behind the “Song A Day” project lost the $3 million he earned from…
Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally
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 has experienced a sharp pullback, retracing over 10% since yesterday as the broader crypto market faced a wave of volatility. Despite the decline, bulls are showing resilience. ETH failed to break below the critical $2,300 mark and is…
Crypto Market Structure Hearing Devolves into Partisan Claims
Republican lawmakers on the House Financial Services Committee (HFSC) pushed back against concerns that US President Donald Trump could personally profit from his exposure to the crypto industry, dismissing the claims as political “theatrics” amid ongoing debate about digital assets legislation. In a June 6 hearing organized by Democrats, HFSC ranking member Maxine Waters defended that the lawmakers should focus on “information that has not been explored during the committee hearing” on June 4, which dealt with concerns around the Digital Asset Market Clarity (CLARITY) Act. The debate around the…
Bitcoin market of 2025 driven by stablecoin regulation: Finance Redefined
Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency. Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, may lay the foundation for a Bitcoin cycle top of over $150,000, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures. Meanwhile, venture capitalist (VC) interest has slumped. The number of VC deals closed recorded its lowest month of the year in…