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Bitcoin Price Action Favors Bears But Profit Taking Overwhelms Each Rally

Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull’s goal of turning the $77,000 to $80,000 zone into support. Orderbook data from TRDR shows over $130 million in asks extending from $76,700 to $79,300. BTC/USDT Binance perps orderbook.… Read More

White House favors some stablecoin rewards, tells banks it’s time to move

3 months ago by Crypto InsightsCrypto

Limited stablecoin rewards are favored by the White House, and if bankers sign off, they’ll be in the next draft of the crypto market structure bill, according to two people familiar with the negotiation. At a Thursday working session meant to secure common ground on… Read More