Senators met to restart the high-stakes negotiation over the crypto market structure bill, and one of them reportedly said a markup is planned next week.
Ledn co-founder Mauricio Di Bartolomeo, born and raised in Venezuela, argues that the country’s government is simply too corrupt and incompetent to have accumulated a rumored $60 billion stash of bitcoin.
Quantitative tightening is over and balance sheets are growing again, but cycle theory and adoption concerns still cloud bitcoin's upside, according to Schwab's Jim Ferraioli.
Market participants defended rising support while trading volume surged 66% above average during resistance tests near $908, pointing to increasing demand ahead of major network upgrade.
Extreme readings in the ratio between short-term holder supply in profit and short-term holder supply in loss have aligned with the end of bear markets.
The fund is betting on a liquidity wave driven by U.S. deficit spending and potential money printing by the Federal Reserve, which Hayes expects to support crypto prices.