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Data shows the Bitcoin Coinbase Premium Gap has plunged into the red zone alongside the latest drop in the BTC spot price below the $80,000 level. Bitcoin Has Retraced Some Of Its Recent Price Recovery Bitcoin saw recovery surges above $82,000 on Sunday and Monday, but these spikes failed to set the tone for the week as BTC has since followed a downward trajectory. This decline observed an acceleration on Wednesday, with the cryptocurrency’s price even briefly sinking below $79,000. Related Reading: Dogecoin TD Sequential Flashes Sell Signal: Price Correction Ahead? Below is a chart that shows the price action that Bitcoin has experienced recently. As is visible in the graph, Bitcoin has made some recovery from its low, as its price is now floating around $79,600, bu...

Global crypto adoption could accelerate as US regulatory clarity sets a precedent, influencing G20 nations to align their frameworks.
The post Coinbase CEO predicts global Bitcoin legalization after US market structure passage appeared first on Crypto Briefing.

Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is consolidating and might aim for more gains above the $82,000 level. Bitcoin managed to stay above $78,800 and started a fresh increase. The price is trading above $80,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $80,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $80,500 and $80,000 levels. Bitcoin Price Regains Strength Bitcoin price found support near $78,800 and started a fresh increase. BTC gained pace for a move above the $79,500 and $80,200 resistance levels. The bulls even pushed the price above $80,500. There was a break above a bearish trend line wit...

The launch of these ETFs could attract active traders seeking amplified returns, but they also pose significant risks due to volatility decay.
The post Leverage Shares launches 9 new 2X long single stock ETFs on Cboe appeared first on Crypto Briefing.

The CFTC's expanded oversight could centralize prediction markets, challenging decentralized platforms and reshaping regulatory landscapes.
The post US CFTC expands oversight of prediction markets, collaborates with major sports leagues appeared first on Crypto Briefing.

Strive reported a larger bitcoin treasury after its Semler Scientific merger, reaching 15,009 bitcoin with no outstanding debt. The filing showed $929.4 million in digital assets, new medical-device revenue, and a major unrealized loss tied to fair-value accounting. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with […]

Texas's appeal to wealthy individuals and crypto firms highlights a growing economic divide, influencing state competitiveness and innovation.
The post Greg Abbott promotes Texas as refuge for NY billionaires fleeing Mamdani’s policies appeared first on Crypto Briefing.

A revised staking model could enhance Ethereum's value by controlling inflation, potentially reshaping its market position amid rising Layer 2 activity.
The post Ethereum considers staking reward model change to boost ETH price outlook appeared first on Crypto Briefing.

The green signal may boost investor confidence, but past macroeconomic disruptions remind us to remain cautious amid potential volatility.
The post CryptoQuant’s bitcoin bull-bear cycle indicator turns green for the first time since March 2023 appeared first on Crypto Briefing.