Bitcoin nears $80,000, but analysts say the next pullback will be key
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.
Key
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
Taiwan passes key crypto law, raising the bar with with licensing, reserve mandates, and tough penalties
Taiwan has taken a major step forward in overseeing its digital asset sector by enacting comprehensive new regulations for cryptocurrency operations. On Tuesday, lawmakers in the Legislative Yuan approved the Virtual Asset Service Act during its third reading, forwarding it to President Lai Ching-te for… Read More
U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she’s asking that the Department of Labor back away from a proposal that would encourage the managers of 401(k)… Read More
Foundation loses another key leader as Hsiao-Wei Wang resigns
The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday. Wang reached the decision after a recent sabbatical, which gave her time to reflect on… Read More
Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment
Miami Beach, FL — Brad Garlinghouse, Ripple’s CEO, has been closely following the U.S. Senate’s progress on the crypto market structure bill, and he said it’s not a “done deal” as the next two weeks may be pivotal for the legislation’s chances. “If it doesn’t… Read More