Bitcoin could retreat to $90,000 in the short term following the passage of President Trump’s “Big Beautiful Bill,” warns BitMEX co-founder Arthur Hayes. The legislation, set to be signed into law on July 4, enables tax cuts and debt-ceiling increases, potentially triggering U.S. Treasury borrowing that drains market liquidity. Hayes
A $57.8 million XRP transfer to Coinbase initially sparked sell-off fears on July 3, 2025, before blockchain analysts revealed it was an internal redistribution by the exchange. Whale Alert detected the 25.5 million XRP transfer from an unknown wallet to Coinbase, triggering concerns of whale dumping amid XRP’s price volatility.
Bitcoin is testing a crucial resistance level that has capped every major bull run since 2017, trading near $110,000 as institutional interest and technical patterns collide. This multi-year trendline connects Bitcoin’s 2017 peak ($20,000), 2021 high ($69,000), and current 2025 price action. A decisive breakout could signal a new market
Senator Cynthia Lummis (R-WY) has introduced standalone legislation to modernize U.S. crypto taxation, targeting everyday users and miners. The bill aims to eliminate reporting burdens for small transactions and resolve double taxation issues plaguing the industry. Key Provisions • $300 De Minimis Exemption: Capital gains tax waived for transactions under
Bitcoin surge toward $110,000 has triggered a wave of bearish positioning despite its proximity to all-time highs. Traders are increasingly shorting BTC as technical indicators flash warning signs, creating potential for explosive volatility. Short Positions Surge Near Key Resistance • Bearish sentiment dominates: The long/short ratio flipped from 1.22 (bullish)
Arthur Hayes, former BitMEX CEO, argues that stablecoins are becoming a critical liquidity pipeline for U.S. Treasury debt markets while creating favorable conditions for Bitcoin. As the Treasury faces unprecedented bond issuance—over $5 trillion this year—traditional buyers like the Federal Reserve are constrained by inflation concerns. Hayes identifies bank-issued stablecoins
JD.com and Ant Group are urging China’s central bank to approve a yuan-pegged stablecoin in Hong Kong, aiming to counter Tether’s USDT dominance in global trade. This strategic move comes as Hong Kong prepares to implement its Stablecoin Ordinance on August 1, 2025, creating Asia’s first regulated framework for digital
Hackers stole over R$1 billion (approximately $180 million) from Brazil’s central banking reserves this week in the country’s largest-ever financial cyberattack. The breach targeted C&M Software, an authorized service provider for Brazil’s payment infrastructure, allowing attackers to siphon funds from reserve accounts of at least six financial institutions including Bradesco
Global M2 money supply has reached an unprecedented $55.48 trillion, creating conditions that historically precede major Bitcoin rallies. This liquidity surge typically signals impending bullish momentum for cryptocurrencies, with Bitcoin often trailing M2 breakouts before explosive catch-up rallies. Current patterns mirror previous cycles where BTC eventually surged 40-60% within months
Ethereum has surged to a three-week high of $2,600, sparking bullish comparisons to its 2020 trajectory. Analysts note striking parallels between current patterns and the pre-bull-run consolidation of 2020, when ETH eventually peaked above $3,500. This rebound comes amid growing institutional interest, including corporate treasury considerations and a $40 million
Bitcoin could retreat to $90,000 in the short term following the passage of President Trump’s “Big Beautiful Bill,” warns BitMEX co-founder Arthur Hayes. The legislation, set to be signed into law on July 4, enables tax cuts and debt-ceiling increases, potentially triggering U.S. Treasury borrowing that drains market liquidity. Hayes
A $57.8 million XRP transfer to Coinbase initially sparked sell-off fears on July 3, 2025, before blockchain analysts revealed it was an internal redistribution by the exchange. Whale Alert detected the 25.5 million XRP transfer from an unknown wallet to Coinbase, triggering concerns of whale dumping amid XRP’s price volatility.
Bitcoin is testing a crucial resistance level that has capped every major bull run since 2017, trading near $110,000 as institutional interest and technical patterns collide. This multi-year trendline connects Bitcoin’s 2017 peak ($20,000), 2021 high ($69,000), and current 2025 price action. A decisive breakout could signal a new market
Senator Cynthia Lummis (R-WY) has introduced standalone legislation to modernize U.S. crypto taxation, targeting everyday users and miners. The bill aims to eliminate reporting burdens for small transactions and resolve double taxation issues plaguing the industry. Key Provisions • $300 De Minimis Exemption: Capital gains tax waived for transactions under
Bitcoin surge toward $110,000 has triggered a wave of bearish positioning despite its proximity to all-time highs. Traders are increasingly shorting BTC as technical indicators flash warning signs, creating potential for explosive volatility. Short Positions Surge Near Key Resistance • Bearish sentiment dominates: The long/short ratio flipped from 1.22 (bullish)
Arthur Hayes, former BitMEX CEO, argues that stablecoins are becoming a critical liquidity pipeline for U.S. Treasury debt markets while creating favorable conditions for Bitcoin. As the Treasury faces unprecedented bond issuance—over $5 trillion this year—traditional buyers like the Federal Reserve are constrained by inflation concerns. Hayes identifies bank-issued stablecoins
JD.com and Ant Group are urging China’s central bank to approve a yuan-pegged stablecoin in Hong Kong, aiming to counter Tether’s USDT dominance in global trade. This strategic move comes as Hong Kong prepares to implement its Stablecoin Ordinance on August 1, 2025, creating Asia’s first regulated framework for digital
Hackers stole over R$1 billion (approximately $180 million) from Brazil’s central banking reserves this week in the country’s largest-ever financial cyberattack. The breach targeted C&M Software, an authorized service provider for Brazil’s payment infrastructure, allowing attackers to siphon funds from reserve accounts of at least six financial institutions including Bradesco
Global M2 money supply has reached an unprecedented $55.48 trillion, creating conditions that historically precede major Bitcoin rallies. This liquidity surge typically signals impending bullish momentum for cryptocurrencies, with Bitcoin often trailing M2 breakouts before explosive catch-up rallies. Current patterns mirror previous cycles where BTC eventually surged 40-60% within months
Ethereum has surged to a three-week high of $2,600, sparking bullish comparisons to its 2020 trajectory. Analysts note striking parallels between current patterns and the pre-bull-run consolidation of 2020, when ETH eventually peaked above $3,500. This rebound comes amid growing institutional interest, including corporate treasury considerations and a $40 million
