US prosecutors object to crypto policy arguments amid MEV bot trial

Bitcoin risks '20-30%' drop as crypto markets liquidate $1.1B in 24 hours

NegativeCryptocurrency

Bitcoin is facing a potential drop of 20-30% as the crypto markets have liquidated over $1.1 billion in just 24 hours. This significant downturn follows an unexpected price decline after the Federal Reserve's interest-rate cut, leaving traders in a precarious position. Understanding these market fluctuations is crucial for investors, as they highlight the volatility and risks associated with cryptocurrency investments.

Who is Michael Selig? Trump nominates pro-crypto lawyer to head CFTC

PositiveCryptocurrency

Michael Selig, a pro-crypto lawyer and former SEC counsel, has been nominated by the Trump administration to lead the Commodity Futures Trading Commission (CFTC). This appointment is significant as it signals a potential shift towards a more favorable regulatory environment for cryptocurrencies, which could encourage innovation and investment in the sector.

Can ChatGPT really predict the next crypto market crash?

PositiveCryptocurrency

ChatGPT may not be able to predict the exact timing of the next crypto market crash, but it can identify early warning signs by analyzing onchain, derivatives, and sentiment data. This capability is significant for traders as it helps them detect potential risk clusters before a market downturn occurs, allowing for better decision-making and risk management.

What The XRP RSI Making Higher Highs Means For The Price

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NewsBTCan hour ago

PositiveCryptocurrency

The XRP price is showing promising signs as the Relative Strength Index (RSI) climbs alongside it, indicating a strong bullish trend. Analyst EGRAG CRYPTO highlights that this alignment suggests sustained buying pressure, which is crucial for investors looking for positive momentum in the market. This development is significant as it reinforces confidence in XRP's upward trajectory, making it an exciting time for traders and enthusiasts alike.

via NewsBTC

Bitcoin risks '20-30%' drop as crypto markets liquidate $1.1B in 24 hours

NegativeCryptocurrency

XRP price eyes $2.00 as rejection confirms growing weakness

Crypto Newsan hour ago

NegativeCryptocurrency

XRP's price is facing significant selling pressure after a strong rejection from the $2.72 resistance level, indicating a growing weakness in momentum. As the price trends lower towards the $2 support, it highlights the challenges XRP is currently facing in the market. This situation is crucial for investors to monitor, as it could signal further declines or a potential recovery if support holds.

Crypto Briefingan hour ago

via Crypto News

Hyperliquid sees largest single liquidation order at $21.4M in BTC-USD

NegativeCryptocurrency

Hyperliquid recently experienced the largest single liquidation order at $21.4 million in the BTC-USD trading pair, highlighting the significant risks associated with leverage in the volatile cryptocurrency market. This event is crucial as it not only affects individual traders but also raises concerns about overall market stability, making it a pivotal moment for those involved in crypto trading.

US stocks slide as Wall Street mulls Trump-Xi talks

via Crypto Briefing

Crypto Newsan hour ago

NegativeCryptocurrency

US stocks opened lower on Thursday, with major players like Meta and Microsoft seeing significant declines. This downturn comes as Wall Street grapples with mixed reactions to the promising trade talks between President Trump and President Xi Jinping. Investors are cautious, weighing the latest earnings reports against the backdrop of these high-stakes discussions, which could impact future trade relations.

BONK Defends $0.000014 Support as Volume Surges 71%

via Crypto News

CoinDeskan hour ago

PositiveCryptocurrency

BONK has successfully defended its support level of $0.000014, with trading volume surging by an impressive 71%. This surge indicates growing interest and confidence among investors, which is crucial for the cryptocurrency's stability and potential growth. As the market continues to evolve, BONK's ability to maintain this support could signal a positive trend for its future.