Crypto news today
LINK rises 9.41% to $12.17 after CLARITY Act failure
Why it matters: The rally confirms demand for oracle infrastructure for tokenization, but LINK remains 77% below its all-time high.
CLARITY Act failure could bring intermediaries back to crypto, GenLayer CEO says
Why it matters: Without legislation, rules remain with the SEC and CFTC, increasing the risk of centralized access to DeFi for U.S. users.
ETH breaks through $2,600, up 0.64% in 24 hours
Why it matters: Holding above $2,600 confirms Ethereum's recovery after bouncing from $2,500.
Monero jumps 16.49% to $582.60, nearing yearly high
Why it matters: The rally in the privacy coin is fueled by the privacy narrative, but technically overbought conditions threaten a correction.
Strategy CEO: 'We will never stop' buying bitcoin, MSTR up 11%
Why it matters: The largest corporate BTC holder reaffirms its accumulation course, supporting demand and market sentiment.
Telegram's My Wallet adds Bitcoin, Litecoin, Dogecoin and Arc
Why it matters: Integrating BTC into a wallet with Telegram's audience expands access to bitcoin for mainstream users.
Bitcoin ETFs draw $154.39 million, Ethereum ETFs see $71.75 million outflow
Why it matters: The divergence in flows shows institutions prefer bitcoin over Ethereum, pressuring ETH.
TRX rises 1.17% to $0.339 amid MOEX futures launch
Why it matters: The launch of regulated futures on MOEX expands institutional access to TRX, but weak volume suggests the rally is unconfirmed.
Tom Lee: crypto market will keep growing even without CLARITY Act
Why it matters: A signal to investors that the U.S. regulatory deadlock does not block market growth.
Glassnode: $83K–$86K liquidation zone could accelerate Bitcoin's rise
Why it matters: A break above $83K–$86K would trigger a short squeeze and accelerate the rally, but a rejection from the zone would send the price back to support.
XRP rebounds 7.17% to $1.38 after CLARITY Act failure
Why it matters: The rebound, driven by rising open interest and whale inflows, is more sustainable than a short squeeze; a close above $1.41 would confirm further upside.
BNB rises 4.33% to $755.81, tests resistance at $778.73
Why it matters: A break above $778.73 would confirm a medium-term bullish trend, while a pullback would send the price back to support near $745.
NEAR Intents surpasses $30 billion in cross-chain settlement volume
Why it matters: Growing volumes strengthen NEAR's position in the cross-chain segment and could attract liquidity and users to the ecosystem.
Bitcoin rises 5.57% to $80,695, approaching $81,000
Why it matters: A break above $82,000 on volume would confirm a reversal, otherwise a pullback to support at $77,400 is possible.
Ethereum rises 5.9% to $2,580 after $100 million in short liquidations
Why it matters: ETH's rebound above $2,500 confirms the market's recovery after the Fed decision, but the CLARITY Act failure keeps regulatory risk alive.
Bitcoin breaks $80,000 amid risk-on rebound and ETF inflows
Why it matters: The rally's sustainability depends on repeat ETF inflows: one day does not confirm a demand reversal, and the share of short squeezes in the move remains unclear.
U.S. court: ex-SVB executives liable for risk management failure, $1.71 billion claim offset
Why it matters: The precedent on risk management liability matters for assessing the resilience of stablecoin custodian banks: in 2023, USDC lost its peg due to Circle's $3.3 billion in reserves held at SVB.
Strategy jumps 12%, Coinbase 10% as bitcoin breaks $80,000
Why it matters: The break above $80,000 and the SEC's regulatory relief are boosting crypto stocks; holding the level into the weekly close will determine further gains.
VanEck: crypto community aware of quantum risk to bitcoin
Why it matters: The quantum threat to bitcoin affects long-term risk assessments and could accelerate development of post-quantum standards for the network.
Bitcoin breaks $80,000: $250 million in shorts liquidated
Why it matters: The break above $80,000 and short liquidations reinforce bullish momentum, but the $80,000-$82,000 zone remains key resistance for further gains.