Bitcoin crash below $60,000 triggers $1 billion loss as markets now price Fed rate hike by October
Spot selling led the decline before forced liquidations spread losses across Bitcoin, Ether and other major cryptocurrencies.
Bitcoin has lost 16% this month while ETF redemptions and weak US trading activity deepen pressure on the market.
A July 17 hearing puts crypto’s market structure bill back on the calendar, but the real test is whether CLARITY can survive Senate math, stablecoin fights and the compromises needed to become law.
A new DeFi security coalition is trying to turn cybersecurity into an industry standard as AI-enabled social engineering, North Korea-linked hacks and Washington scrutiny expose the limits of audits alone.
May PCE prints Thursday and more than $10 billion in Bitcoin options settle the next morning, compressing two of the week's biggest catalysts into a single 24-hour window.
The Massachusetts Democrat helped advance legislation preventing the Federal Reserve from issuing a retail CBDC before 2031.
Trump’s executive orders compress the federal migration timetable and intensify debate over how Bitcoin should protect vulnerable legacy coins.