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Top 5 Crypto News
- Bitcoin endured sharp volatility with violent swings triggering a rare split liquidation event. Over 625 million dollars in leveraged positions were wiped out, hitting longs and shorts nearly equally as traders were caught off guard by rapid moves.
- Crypto prices fell sharply then rebounded fast after President Trump retreated from proposed tariffs on Greenland.
- US crypto market structure bill faces significant delay. The Senate Banking Committee is expected to push it back weeks after Coinbase withdrew support, slowing momentum for new digital asset regulations in Washington.
- Leading custody firm BitGo priced its IPO at 18 dollars per share. The company is positioning for growth in institutional crypto custody and adoption rather than volatile trading volumes, amid recent underperformance of other crypto listings.
- Crypto markets stabilized in Asian hours as Japan's super-long bond turmoil eased.