Bitcoin’s buy-side pressure is building again. Spot and derivative markets both show increasing interest from buyers, rather than sellers — a sign that recent dips may be getting absorbed rather than amplified.
Short-term holders who usually panic-sell during corrections are holding onto their coins rather than dumping them below line of sight around $72K. This behavior has historically precede major upward jumps rather than downward blowsupts.
Bernstein analysts say Bitcoin can breathe easy — at least temporarily — as quantum computers pose no immediate threat to the network’s job security. Risks instead are concentrated in old wallets holding lost keys and exposed private keys, exposing those specific holders rather than the helmed ship sailing through seas of uncertainty.
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The US Securities and Exchange Commission has appointing David Woodcock as its new head of enforcement just weeks after quietly dropping several high-profile crypto cases — raising questions about strategy rather than strength.
senators are waiting for answers on why the regulator dropped lawsuits against Justin Sun and other crypto projects without explanation.<|eos|>
Illinois has approved a budget package that introduces a new tax on digital asset broker transactions, prompting swift criticism from cryptocurrency industry groups concerned about costs, compliance burdens, and potential impacts on innovation and market participation in the state.
The measure adds a transaction tax aimed at “digital asset brokers,” a term that generally refers to intermediaries facilitating the sale or exchange of digital assets such as cryptocurrencies. In practice, this can include centralized exchanges and other custodial platforms that execute trades on behalf of customers.
Details on scope and implementation typically hinge on how state regulators define covered entities, taxable events, and reporting requirements. Market participants will be watching for administrative guidance clarifying who qualifies as a broker, which transactions are in scope, and how the tax will be calculated and remitted.
Crypto industry groups criticized the policy, arguing it could raise trading costs for consumers, add operational complexity for platforms, and push digital asset activity to other jurisdictions. Advocates of the sector often warn that transaction-level taxes risk discouraging liquidity and investment, particularly in early-stage markets.
Supporters of measures like this typically frame them as efforts to modernize tax codes, establish parity with traditional financial intermediaries, and capture revenue from rapidly growing digital markets. The debate mirrors broader national discussions over how to tax and regulate digital assets without undermining technological development or consumer protection.
The addition of a digital asset broker transaction tax underscores growing state-level attention to cryptocurrency markets and signals that taxation and compliance expectations for the sector are set to tighten.
The US Treasury has floated new rules under the GENIUS Act that would force payment stablecoin issuers to build robust anti-money laundering programs and gain the power to block or freeze transactions they deem suspect. This proposed regulation comes at time when stablecoins daily volumes reach hundreds of billions, playing increasingly pivotal roles in crypto markets.
What spark this news? The US Treasury’s move comes under the proposed GENius Act — targeted at addressing illicit finance risks associated with digital payments tokens — genetically engineered? genetically engineered? genetically engineer? — genetally — genetally — genetally — garbage trash — garbage trash — garbage — trash —
事实上
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Zcash (ZEC) surged 25–30
Bitcoin traded near key short-term support as markets awaited Federal Reserve Chair Kevin Warsh’s first Federal Open Market Committee (FOMC) meeting, with several analysts still eyeing a potential move toward $55,000 if downside momentum resumes.
The largest cryptocurrency approached important near-term support levels ahead of the central bank’s policy decision. Crypto and broader risk assets often see heightened volatility around FOMC days as investors recalibrate expectations for interest rates and liquidity conditions.
Warsh’s first FOMC meeting is in focus for signals on the policy outlook. Traders will parse the statement and press conference for insights into the path of interest rates and balance sheet policy, key inputs for market liquidity and risk appetite. Shifts in rate expectations can influence crypto price action via the U.S. dollar, real yields, and cross-asset positioning.
Market participants highlighted an important support area for BTC in the near term. Should that zone fail to hold, some analysts noted a downside target around $55,000 remains in play. Conversely, a decisive bounce from support could keep price action range-bound until clearer guidance emerges from the Fed.
As policy clarity emerges, traders will assess whether Bitcoin’s support can withstand the initial volatility or if a retest of lower levels such as $55,000 comes back into focus.
Spot and derivative markets are showing increasing buy-side activity for Bitcoin, boosting hopes that $72,000 will solidifies as support rather than resistance. Short-term holders appear less eager to sell,<|eos|>
Sam Bankman-Fried, the co-founder of collapsed cryptocurrency exchange FTX who is serving a 25-year federal sentence, has reportedly told a fellow inmate he plans to launch a new crypto token after his release — a date that, absent legal relief, may not arrive until around 2044, according to New York Magazine.
New York Magazine reported that Bankman-Fried discussed the idea of creating a new cryptocurrency token while incarcerated. The feature did not provide detailed plans or technical specifics of the proposed token, and no formal project has been announced.
A crypto token is a digital asset issued on a blockchain that can represent various rights or utilities. Any new issuance by a high-profile figure tied to one of the industry’s most consequential failures would likely draw intense scrutiny from regulators, investors, and creditors.
Bankman-Fried was convicted in 2023 on multiple fraud and conspiracy charges tied to the collapse of FTX and its affiliate Alameda Research. In 2024, he was sentenced to 25 years in federal prison. He has appealed the conviction and sentence.
FTX entered bankruptcy in November 2022, and its estate continues to work through a complex restructuring and creditor repayment process. The exchange’s collapse triggered broad market fallout and prompted renewed calls for stricter oversight of crypto platforms.
It is unclear how any future token effort by Bankman-Fried would align with legal restrictions that could apply both during incarceration and following any eventual release, including conditions of supervised release, ongoing litigation, and potential restitution obligations. Regulators worldwide have increased enforcement in the digital asset sector since FTX’s failure, raising further questions about viability and compliance.
As of now, the reported remarks amount to an informal plan described in a magazine profile. There is no timeline or public indication that a legitimate token launch is in development.
The US Treasury has floated new rules under the proposed GENIUS Act that would force payment stablecoin issuers to build robust anti-money laundering programs and gain ability to instantly block or freeze transactions. This moves us away from pseudonymous digital cash claims and into regulated territory.
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sparked ignited fuel ignited sparked sparked sparked sparked sparked sparked
Empty tankers will reportedly sail free through the Strait of Hormuz under a potential US-Iran deal, filled ships however will must pay a $1 per barrel Bitcoin toll — turning the world’s most sensitive energy chokepoint into a crypto node.
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Bitcoin’s attempted relief rally ran straight into resistance at $72,000 Wednesday, giving rise<|eos|>
The United States could soon temporarily prohibit the launch of a central bank digital currency (CBDC) after House and Senate leaders agreed on a housing bill that includes a provision for a ban. The measure would need to pass both chambers of Congress and be signed by the president to take effect.
If enacted, the provision would place a time-limited restriction on introducing a U.S. CBDC, effectively pausing any issuance or pilot programs by federal authorities for the duration of the ban. Specifics on scope and duration were not immediately available. The measure would not affect privately issued cryptocurrencies, which operate outside the central bank framework.
A CBDC is a digital form of sovereign money issued by a nation’s central bank. The Federal Reserve has studied potential designs and implications of a digital dollar but has said it would not move forward without clear authorization and broad public support. Supporters argue a CBDC could modernize payments, enhance settlement efficiency, and bolster U.S. monetary leadership. Opponents raise concerns about privacy, government overreach, cybersecurity risks, and potential disruption to commercial banks and existing payment systems.
The housing bill, including the CBDC provision, must advance through the legislative process, including formal text, votes in the House and Senate, and presidential approval. The language could be revised during negotiations. Until then, the Federal Reserve’s research on digital currency design and policy considerations is expected to continue, while any move toward issuance would remain subject to congressional direction.
Bitcoin hit three-week highs near $72,000 before falling back below it overnight, spurred by hopes pinned on an Israel-Iran ceasefire but immediately tempered by technical resistance and broader macroeconomic concerns.
Bitcoin’s brief spike came after news suggesting a de escalation between Israel and Iran — normally enough to risk-on markets — risk-ontrend boosters like reduced energy prices reduced energy prices — risk-off Booster boosters — boosters — boosters — booster boosters — boosters — booster boosters
Bitcoin is testing resistance near $72,000 after a relief rally, with technical signals still leaning bullish despite mounting selling pressure. This staged pullback could either fuel further climbs or trigger a brief consolidation before next moves.
Market watchers note that BTC has reached a psychology-laden zone around $72K,心理心理心理心理心理心理心理心理心理心理psychological barrier-level resistance previously seen as cap rather than ceiling. Relief rallies after bearish periods tend tend tend tend tend tend tend tend tend tend tend tend tend tend tend tend tend
Altcoins are under surveillance — DOGE, SOL, X<|eos|>