The SEC issued guidance stating most crypto assets, including staking, airdrops, and Bitcoin mining, are not securities, providing clarity after a decade of uncertainty. Chair Paul Atkins highlighted this as a bridge to bipartisan legislation, with CFTC aligning its approach.
Bitcoin briefly exceeded $74,000, leading a broad crypto surge with Ether up 7.7% to $2,261 and Solana gaining 5.6% to $93. Geopolitical de-escalation in the Middle East, short squeezes totaling $284.9 million, and a weaker dollar fueled the rally, signaling returning risk appetite ahead of the Fed meeting.
MicroStrategy aggressively acquired 22,337 BTC for $1.57 billion last week, funded by STRC stock sales, boosting total holdings to 761,068 BTC amid record preferred equity activity and aiming toward 1 million BTC.
Bitcoin broke through $75,000, driven by derivatives market shifts as traders unwound bearish put options. This bullish breakout lifted the broader crypto market, with Ether up 8% and the CoinDesk 20 Index gaining 5%. Expert analysis highlights reduced downside hedging pressure.
Bitcoin surges to a six-week high of $74,400, liquidating $300 million in shorts and reclaiming the 50-day SMA. Analysts predict further gains toward $80K amid rising open interest and positive market momentum, outperforming safe-haven assets like gold.
The SEC issued guidance stating most crypto assets, including staking, airdrops, and Bitcoin mining, are not securities, providing clarity after a decade of uncertainty. Chair Paul Atkins highlighted this as a bridge to bipartisan legislation, with CFTC aligning its approach.
Bitcoin briefly exceeded $74,000, leading a broad crypto surge with Ether up 7.7% to $2,261 and Solana gaining 5.6% to $93. Geopolitical de-escalation in the Middle East, short squeezes totaling $284.9 million, and a weaker dollar fueled the rally, signaling returning risk appetite ahead of the Fed meeting.
MicroStrategy aggressively acquired 22,337 BTC for $1.57 billion last week, funded by STRC stock sales, boosting total holdings to 761,068 BTC amid record preferred equity activity and aiming toward 1 million BTC.
Bitcoin broke through $75,000, driven by derivatives market shifts as traders unwound bearish put options. This bullish breakout lifted the broader crypto market, with Ether up 8% and the CoinDesk 20 Index gaining 5%. Expert analysis highlights reduced downside hedging pressure.
Bitcoin surges to a six-week high of $74,400, liquidating $300 million in shorts and reclaiming the 50-day SMA. Analysts predict further gains toward $80K amid rising open interest and positive market momentum, outperforming safe-haven assets like gold.
SEC Chair Paul Atkins advocates for safe harbor exemptions allowing crypto firms bespoke pathways to raise capital with investor protections. He outlines startup, fundraising, and investment contract exemptions, amid new SEC-CFTC crypto securities clarification.
