Bitcoin Price Drops Following Legislative Setback Bitcoin fell to $116,516, down 2.8% on the day, following the failure of crypto-related legislation to pass a key procedural hurdle in the U.S. House. Optimism had been building around potential congressional progress on crypto regulation, but the rejection deflated market sentiment. The intraday high of $120,481.86 highlighted just…
$90 Billion Investment in AI and Energy Announced President Donald Trump unveiled over $90 billion in new investments during the Inaugural Energy and Innovation Summit held at Carnegie Mellon University. The announcement includes major funding from top U.S. firms to bolster AI infrastructure and energy development. This investment aims to transform the U.S. into a…
Ethereum Price Climbs to February Levels Ethereum’s price soared to $3,155, marking a 5.9% rise in 24 hours and over 20% in the past week. The surge reflects growing momentum in corporate ETH adoption, with short sellers losing $85.4 million due to the rally. The rise has reignited discussions on Ethereum’s long-term positioning in institutional…
Bitcoin Price Drops Following House Vote Block Bitcoin dropped to $116,484 on Tuesday after key crypto-related bills failed to move forward in the U.S. House of Representatives. The dip came despite earlier momentum when Bitcoin hit a daily high of $120,481.86. This sharp reversal highlights how legislative delays can swiftly impact price action. Traders who…
Crypto Bill Debate Divides House Democrats Cryptocurrency legislation has once again revealed fault lines within the Democratic Party. This week, the debate over a Republican-led bill to revamp industry regulations has grown heated, pitting two senior House Democrats against each other. As lawmakers prepare to vote, the party remains deeply divided on how to regulate…
A Burning System That’s Not Slowing Supply Since Ethereum’s London upgrade in August 2021, the network has burned nearly 4.6 million ETH, worth approximately $13.5 billion. This was enabled by EIP-1559, which introduced a protocol for burning a portion of transaction fees. On average, 2.22 ETH are burned every minute, with peak burn contributions from…
Bitcoin Whale Sells $1B in BTC Amid Market Peak A bitcoin whale, believed to have mined the cryptocurrency during the Satoshi era, sold 9,000 BTC — worth over $1 billion — earlier this week. The sale was strategically timed as Bitcoin touched its all-time high of $123,000 before dipping. This major liquidation was one of…
Bitcoin Price Update: Still Holding Above $117K Bitcoin is maintaining its position around $117,000, holding steady after its recent all-time high. Despite minor pullbacks, the price remains resilient, thanks to strong support levels and continued bullish sentiment. Analysts note that consolidation at these highs often precedes a potential breakout. The current trading environment shows fewer…
Crypto Market Analysis: July 15, 2025 – Calm Before the Surge? The cryptocurrency market displayed signs of quiet strength on July 15, with Bitcoin maintaining levels around $118,000 and Ethereum holding above $3,000. The global market cap stood at approximately $3.84 trillion, with modest gains in daily trading volume. Investors appeared to be waiting on…
Crypto Market Analysis: July 16, 2025 – Steady Flow, Select Rotation On July 16, 2025, the crypto market held a steady tone, with Bitcoin edging up and Ethereum pushing into fresh weekly highs. The total market cap hovered near $3.9 trillion, driven by ongoing ETF flows and resilient macro sentiment. Altcoins experienced selective rotation—SOL and SUI…
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