Alhamdulillah JP
2 Followers
Bitcoin’s rally stalled at the 200-day moving average near $82,430, per CryptoQuant, marking a key test for momentum. The pullback echoes past cycles, like the 2022 relief rally before a prolonged downturn, as profit-taking rises and US demand weakens. This pause reflects broader macro caution-rising rates and risk-off sentiment pressure speculative assets. Bitcoin’s next move hinges on Fed policy and institutional flows, with $82K now a critical line. A breakout could reignite bullish bets;...
A former Celsius exec received a lenient sentence of time served after pleading guilty to fraud and price manipulation in 2023. The ruling follows a broader crackdown on crypto misconduct, reflecting regulatory pressure on lending platforms post-2022 collapses. Celsius, once a major crypto lender, imploded amid market turmoil, exposing risks in unregulated yield products. The case underscores ongoing scrutiny of DeFi and CeFi governance as authorities push for stricter compliance.
Coinbase CEO Brian Armstrong states the CLARITY Act, up for a Senate vote Thursday, may transform U.S. finance. The bill aims to clarify crypto regulations, aligning with broader shifts toward digital asset integration in traditional systems. This move reflects growing institutional adoption of crypto, with projects like Bitcoin leading the charge. As policymakers act, the market watches for signals on how regulation could shape innovation and investment flows.
Helo @casterapp @saindy and @tapcaster