Bitcoin News Today: What is the ARMA Bill and What Does it Mean for BTC?
What is the ARMA Bill? Strategic Bitcoin Reserve Explained The post Bitcoin News Today: What is the ARMA Bill and What Does it Mean for BTC? appeared first on 99Bitcoins.
Cointelegraph·
The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin.
Read full articleWhat is the ARMA Bill? Strategic Bitcoin Reserve Explained The post Bitcoin News Today: What is the ARMA Bill and What Does it Mean for BTC? appeared first on 99Bitcoins.
Michael Saylor says a Strategy Bitcoin sale before year-end is ‘not unlikely’ in a Coin Stories podcast interview. Strategy executive chairman Michael Saylor told the Coin Stories podcast it was “not unlikely” the company would sell some Bitcoin before year-end.…
Grayscale filed another SEC amendment for its proposed Hyperliquid ETF as competition in the HYPE ETF market continues to grow. Grayscale Investments moved one step closer to launching its proposed Hyperliquid ETF after filing another amendment with the US Securities and Exchange Commission. Bloomberg ETF analyst James Seyffart made the update this week and noted […] The post Grayscale Moves Closer to Launching Hyperliquid HYPE ETF appeared first on Live Bitcoin News.
Hyperliquid’s native token HYPE has been the major center of attention in the cryptocurrency market over the last week. Besides its impressive price action — outperforming other large-cap assets by a significant margin in the past week — the cryptocurrency seems to be becoming the new darling of institutional investors. A fairly strong first full […]
After a steep downturn in early February, the Bitcoin price saw a significant turnaround over the following two months. While the month of May initially continued on this positive note, the premier cryptocurrency seems to have cooled off over the past week — aligning with BTC’s track record of not registering three consecutive months of positive price action during a bear-market year. Interestingly, recent on-chain observations suggest that trouble might be brewing for the Bitcoin price, at least in the near term. Could The Bears Take Over The Bitcoin Market Again? In a new post on the X platform, crypto analytics firm Bitcoin Vector explained that the current waning bullish momentum might be a more damning signal for Bitcoin than it is perceived to be. According to the market intelligence firm, BTC’s price momentum doesn’t have to turn deeply negative before investors pay attention. Related Reading: Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts
Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. The SEC delayed a plan on May 22 to provide broad exemptions for US crypto firms to trade tokenized assets linked…
The total crypto market cap is down by $100 billion in just a couple of days.