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#BTC
Bitcoin recovers from mid-week dip to $75,500 to climb back above $78,000 on Saturday morning in Asia, with a compromise on stablecoin results in the Senate that removes major hurdles for crypto market structure legislation.
BTC0.39%
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The Ethereum Foundation completed the sale of 10,000 ETH to BitMine at an average price of $2,292.15 (~$22.9 million), marking another cash disposition following a similar deal earlier this year.#ETH
ETH0.63%
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The new section of the proposed text in the Digital Asset Market Clarity Act released on Friday reveals that the compromise drafted by U.S. Senator Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) will prohibit stablecoin issuers from offering yields solely based on stablecoin reserve holdings. The text states that "depository institutions provide financial services that are an integral part of America's economic strength," and stablecoin issuers offering similar services "may hinder" those institutions.
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GateUser-e7dc7a95:
good and solid analysis!! lets go to the moon
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Amid ongoing high market volatility, today's crypto prices are drawing attention as some assets begin to show accumulation patterns, breakout pressures, and more solid fundamental support compared to previous phases. #altcoin
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The broader cryptocurrency market shows a slight recovery on Friday, with Bitcoin (BTC) rising above $77,000, up from Wednesday’s low of $74,937. Altcoins, including Ethereum (ETH) and Ripple (XRP), follow Bitcoin’s short-term recovery but lack momentum.
BTC0.39%
ETH0.63%
XRP0.28%
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The situation in the Middle East reaches a turning point: crude oil prices fall, while Bitcoin rises; US stocks hit new all-time highs#USSeeksStrategicBitcoinReserve
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Cryptocurrency prices show a positive trend with Bitcoin breaking through USD 78,318. Although most assets appreciated within 24 hours, some coins remain under pressure. #BTC #CRYPTO
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Currently, BTC is moving sideways to determine the next price movement—whether BTC will fly or drop, guys #BTC
BTC0.39%
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