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Key Takeaways Senator Cynthia Lummis was appointed as chair of the newly formed Senate Banking Subcommittee on Digital Assets. The subcommittee aims to advance bipartisan legislation for a comprehensive digital asset legal framework. Share this article Senator Cynthia Lummis has been appointed chair of the Senate Banking Subcommittee on Digital Assets, a newly created body…
ETH/BTC is a strong indicator of a trend reversal in Ethereum’s favor against Bitcoin. Volume indicators confirm seller exhaustion—will it translate to a price increase? Following the recent Federal Open Market Committee (FOMC) meeting, which signaled a slowing economy, both Bitcoin [BTC] and Ethereum [ETH] have successfully reclaimed critical resistance levels. This development raises whether…
Strategy CEO Michael Saylor has reiterated that Bitcoin is “going up forever” after the leading cryptocurrency surpassed the $121,000 level for the first time earlier this Monday. The top cryptocurrency is seemingly going parabolic, currently approaching the $123,000 level amid a relentless rally. With a year-to-date gain of 31%, Bitcoin has already caught up with…
JetBolt (JBOLT) is continuing to make waves in the crypto community with its staggering presale of over 250 million tokens since its debut. With the immense success of JetBolt’s token presale, this freshly launched altcoin is making an invigorating entrance into the highly competitive world of cryptocurrency, one of the many reasons why it’s stirring…
President Donald Trump’s decision to nominate former Federal Reserve governor Kevin Warsh as the next Chair of the U.S. Fed is more than a routine decision of leadership — it signals a potential shift in how the world’s most powerful central bank thinks about inflation, markets, and money itself. With Jerome Powell’s term set to…
U.Today presents the top three news stories over the past day. XRP skyrockets 8,466% in abnormal liquidation imbalance Yesterday, June 19, XRP saw an unusual spike in liquidation imbalance; in the course of 12 hours, the long-short ratio increased by 8,466%. CoinGlass data shows that during this time, XRP’s total liquidations constituted $514,000, with $508,040 coming from…