US Senate discussions over President Donald Trump’s mega tax and spending bill could go all night as senators look to tack on amendments, including some that would affect crypto. The Senate’s vote-a-rama — where lawmakers can propose amendments that are rapidly voted on — for the Republicans’ One Big Beautiful Bill Act has been going on…
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German banking giant Sparkassen-Finanzgruppe reportedly has plans to adopt crypto trading services, giving its more than 50 million customers access to crypto trading by the summer of 2026 in a major shift for the institution. Dekabank, a bank already involved in crypto, has been tapped to manage the new crypto service through the Sparkasse app,…
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American Bitcoin, a majority-owned subsidiary of crypto mining firm Hut 8, has raised $220 million to buy Bitcoin mining equipment and to bolster the company’s Bitcoin treasury. According to a regulatory filing, 11 million shares were issued in a private placement on Friday, with gross proceeds amounting to $220 million. However, $10 million worth of…
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Bitcoin could be set for a 9% rally in July as it ended the month of June on a high with its highest monthly candle at just over $107,000, according to 10X Research. Bitcoin’s previous highest month was May, with a monthly candle closure around $104,600, followed by January, when it closed the month at…
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Bitcoin’s nearly three-month rally may be losing steam as buying pressure weakens and more traders start taking profits, crypto analysts say. “For the first time in that uptrend, momentum has begun to fade,” Bitfinex analysts said in a markets report on Monday. Since Bitcoin (BTC) fell to its year-to-date low of $73,273 on April 9,…
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Analysts covering the crypto exchange-traded fund (ETF) space have tipped a 95% chance for Solana, Litecoin, and XRP ETFs to be approved by the US Securities and Exchange Commission this year. Bloomberg’s ETF specialists Eric Balchunas and James Seyffart increased their odds for several altcoin spot exchange-traded funds in an X post on Monday. “We…
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Stablecoin issuer Circle has applied to establish a national trust bank in the United States that, among other duties, would oversee the firm’s USDC reserve on behalf of its US issuer. If the application is approved by the US Office of the Comptroller of the Currency (OCC), Circle’s First National Digital Currency Bank would be…
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The European Union Agency for Law Enforcement Cooperation, or Europol, reported the arrest of five members of a “criminal network engaged in cryptocurrency investment fraud.” In a Monday notice, Europol said the Spanish Guardia Civil, with the support of its agency and law enforcement from the United States, France and Estonia, arrested five people allegedly…
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Key takeaways: Bitcoin (BTC) has remained within a tight range since Wednesday, marking six consecutive days with price fluctuations under 3%. This unusually low volatility has prompted traders to speculate whether a breakout could be influenced by a weakening US dollar, particularly as the country’s fiscal position continues to deteriorate. While the US dollar’s movement…
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Key takeaways: Stablecoin inflow patterns mirror levels seen after the LUNA and FTX collapse. Pointing to fresh accumulation and the potential for a breakout rally. Bitcoin holds above $100,000, but new user activity is still low, indicating a “HODL” phase where holders are waiting for fresh demand to drive prices higher. Bitcoin (BTC) is flashing…
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