Bitcoin dips below $81K ahead of Wall Street’s Monday open 👀 Global liquidity shifts and $252M in liquidations weigh on markets 💥 • BTC down 2.6%, now trading at $79,800 • Upbit lists BTC at a 1.83% premium • Crypto market cap falls to $2.59T #btc70k #btc #Liquidations
Need to catch up the Latest news? Here's our top 10 from today and also please follow for latest news of crpto market.
🔸 Crypto. com has announced that the SEC has agreed to close its investigation against the cryptocurrency exchange with no enforcement action taken.
🔹 Gracy Chen, CEO of Bitget, criticized Hyperliquid’s handling of the $JELLY incident as immature and unethical, warning it may be on track to become “FTX 2.0.”
🔸Kazakhstan is planning to establish a national crypto bank to regulate all cryptocurrency transactions in the country.
🔹 French state-owned bank Bpifrance launches €25m fund for new French crypto tokens.
🔸 Tether, the issuer of $USDT, is acquiring a 30% stake in Italian media company Be Water, which specializes in producing and distributing films, series, and podcasts.
🔹 Circle and Intercontinental Exchange (ICE), parent of the NYSE, have signed an MoU to explore integrating $USDC and USYC into ICE’s trading, clearing, and data systems.
🔸 Sam Bankman-Fried has been transferred to a federal transit facility in Oklahoma City after an unauthorized jailhouse interview with Tucker Carlson.
🔹 JPMorgan predicts yield-bearing stablecoins could grow from 6% to 50% of the market, driven by rising demand for interest-bearing assets.
🔸 Over 400 South Korean officials reveal $9.8M in crypto holdings, including $BTC, $ETH, $XRP and $DOGE.
🔹 Interactive Brokers adds $SOL, $XRP, $ADA, and $DOGE to its crypto trading platform.
In a recent essay for the Financial Times, Berkeley professor Barry Eichengreen argues that President Trump's policies are undermining U.S. dollar dominance and international economic relationships.
Eichengreen highlights concerns over America's economic exceptionalism, noting a decline in the U.S. share of global exports and the potential negative impact of Trump's tariff policies and unilateral sanctions.
He warns that the erosion of transatlantic cooperation and the perception of the U.S. turning away from its allies could further diminish the dollar's appeal as a global reserve currency.
Eichengreen emphasizes that the future of the dollar hinges on the U.S. commitment to the rule of law and its relationships with foreign partners, raising critical questions about the nation's fiscal health and international standing. 🌍
What do you think the future holds for the U.S. dollar in the global economy? #USDT #USD #dominance
Latest News: A trader turned $304 into $482,000 by investing in the meme coin BUBB on the TRON network, multiplying his deposit by 1,586 times. #meme板块关注热点 $BTC $ETH
Ripple CEO Brad Garlinghouse expects XRP to be included in the U.S. crypto stockpile AND get ETF approval soon! 🇺🇸
Trump himself named XRP alongside BTC, ETH, SOL & ADA as part of a future U.S. crypto reserve. The SEC is backing off, policy is shifting, and investor demand is soaring!
Garlinghouse says XRP ETFs could go live this year—with 11 filings pending! The legal battles? Over. The floodgates? Opening. #xrp #ADA #etf