Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still…
The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a tangible economic impact, including because it…
A clear vote in Washington has set the stage for a potential boom in cryptocurrencies. On July 17, 2025, the House passed the Digital Asset Market Clarity Act of 2025. According to Cardano co-founder Charles Hoskinson, this bill could give investors and developers the legal certainty they need. He says that once rules are clear,…
Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said “momentum has failed to ignite,” arguing that realized-profit flows and an overwhelming share of coins sitting in profit have turned every bounce into an opportunity…
Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark. The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years. Despite the recent dip, on-chain data suggests the uptrend may…
Ethereum is attempting to hold the crucial $3,600 support level after a modest pullback from recent highs. Despite the short-term correction, ETH remains one of the strongest performers in the crypto market, having surged over 85% since late June. Bulls continue to show strength, supported by weeks of sustained buying pressure and growing investor confidence….
Cryptocurrency is increasingly becoming a focal point for North American chief financial officers (CFOs), according to Deloitte’s latest CFO Signals survey. Conducted between June 4 and June 18, the survey polled 200 CFOs at companies with at least $1 billion in annual revenues, revealing growing interest in crypto adoption among corporate finance departments. CFOs Embrace…
U.S. stock markets saw a staggering wipeout, losing over $1 trillion in market value as soaring inflation and sweeping new trade tariffs triggered widespread investor panic. The Dow plunged 1.2%, the S&P 500 slid 1.6%, and the Nasdaq dropped 2.2%, contributing to the multi-hundred-billion-dollar decline across equities. Against this backdrop, Bitcoin also came under pressure—dipping…
Cardano price isn’t escaping the broader market’s sell-off. The Cardano price has dropped 7.6% in the past 24 hours, trimming much of its recent gains. Yet, on a monthly scale, ADA is still up 28.6%, leaving traders caught between optimism and fear. Behind the scenes, a bigger battle is playing out: super whales are selling,…
The SEC’s Crypto Task Force is about to go on a five-month tour of the US, in a new series of roundtables. Hester “Crypto Mom” Peirce is looking for small entrepreneurs nationwide to help inform federal crypto policy. Meanwhile, the Commission is also building a new Task Force to tackle AI questions. So far, its…