🌅 Crypto Chaos and Clarity Collide as Regulation, Scandal, and Surges Mix
⚡ CryptoTrendz - 📌 Hot Updates You Should’t Miss!:
Telegram’s Durov puzzled over France detention; Cetus rebounds post-$233M exploit. Turnkey lands $30M for crypto infra, while Uniswap and others back pro-blockchain legislation. Bitcoin rockets past $110K as ETF buzz, liquidations, and bullish signals fuel rally. ✨Here’s an overview:
🔖 Crypto Market Trends:
🔹Bitcoin surged above $110K, nearing a record as Ethereum and Dogecoin also rose (Source).
🔹Analysts believe Bitcoin is gearing up for a new uptrend after retesting support (Source).
🔹Altcoin season is questioned as Bitcoin’s dominance affects other coins (Source).
🔹ETF flows have caused Bitcoin and Ethereum to diverge in performance (Source).
🔖 Regulation & Security:
🔹Uniswap and others support the Blockchain Regulatory Certainty Act for clearer rules (Source).
🔹The SEC Chairman issued a pro-crypto statement, while another chair defended self-custody against Gensler’s stance (Source).
🔹The UK appointed a specialist to recover crypto in bankruptcy cases (Source).
🔹DOJ claims a crypto exec ran a covert pipeline for dirty money (Source).
🔖 Major Company & Tech News:
🔹Apple played down AI hype at its event, focusing on new iPhone and Mac features (Source).
🔹Turnkey raised $30M for a crypto infrastructure layer (Source).
🔹IMBX launched a next-gen global crypto trading platform (Source).
🔹Self-driving Waymo cars were torched during a protest in LA (Source).
🔖 DeFi & Altcoin Updates:
🔹Sui DeFi exchange Cetus resumed after a $233 million exploit (Source).
🔹Shiba Inu whale transactions fell 91%, raising questions in the community (Source).
🔹XRP’s mini-golden cross sparked a comeback, while Dogecoin faces trouble and Solana’s golden cross may be incoming (Source).
🔹Ethereum’s weekly structure tightened with a possible tower top pattern (Source).
🔖 Industry Leaders & Opinions:
🔹Telegram founder Durov expressed confusion over his detention in France (Source).
🔹Robert Mitchnick discussed BlackRock’s Bitcoin ETF IBIT success on Bloomberg (Source).
🔹Crypto analysts highlighted a 240% spike in Bitcoin liquidations within hours (Source).
🔹Bitcoin bulls are pushing prices toward a new all-time high (Source).