Criptor

Bitcoin price trading above $95,000 despite U.S. state crypto bills face setbacks. Can BTC still hit VanEck's bullish forecasts target of $180,000 in 2025. Bitcoin (BTC) faces U.S. state pushback, but price holds strong above $95K The Bitcoin price remains steady above $95,000 following Florida’s withdrawal of two major crypto treasury bills. Florida’s House Bill 487 and Senate Bill 550, which aimed to allocate up to 10% of certain state funds into Bitcoin, were “indefinitely postponed and withd...

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1 hour ago

Ahead of the US Federal Reserve FOMC Meeting on May 6, the market is analyzing the impact of its latest move to resume bond purchases. Over the past few weeks, Fed Chairman Jerome Powell has waded off pressures to lower interest rates at a time when pundits believe this move could revive the market. However, the apex bank resumed bond purchases, fueling more speculation on what this move means for the broader financial market. FOMC Meeting and the Bond Purchase Twist The US Federal Reserve has i...

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2 hours ago

Asset manager Bitwise has made its next move in a bid to offer a NEAR ETF, filing its S-1 form with the US Securities and Exchange Commission (SEC). This development provides a bullish outlook for the Near Protocol price, with institutional investors gaining exposure to the altcoin through this fund. Bitwise Registers NEAR ETF Filing With US SEC A SEC filing shows that Bitwise has registered its proposed NEAR ETF with the US SEC. This move is part of the plans to launch a fund which will directl...

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2 hours ago

Altcoins could face headwinds if Congress fails to pass pending stablecoin legislation, according to industry experts. Bitwise CIO Matt Hougan has expressed concern that legislative inaction would particularly impact altcoins. This cautionary outlook comes as the Senate prepares to vote on the GENIUS Act before Memorial Day. Stablecoin legislation delay could be bad for altcoins Hougan has warned of a "long summer for non-bitcoin crypto assets" if stablecoin and market structure bills stall in W...

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3 hours ago

Tensions rose during a joint House hearing as Representative Maxine Waters strongly objected to a new crypto market structure bill. The legislation, backed by both Republicans and Democrats, aims to define oversight responsibilities in the digital asset sector. Waters, however, described the bill as part of what she called US President Donald Trump’s “crypto corruption.” Maxine Waters Objects Crypto Market Structure Bill A heated debate broke out during a joint hearing between the House Financia...

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4 hours ago

US Treasury Secretary Scott Bessent has again opposed the idea of a Central Bank Digital Currency (CBDC). He stated that he would not favor a move by the Federal Reserve to create one, calling it a sign of weakness. Scott Bessent Opposes The Fed Creating A CBDC While testifying before the House appropriations subcommittee, the US Treasury Secretary spoke against the idea of the Fed creating a digital currency. He called it a sign of weakness, noting that digital assets belong in the private sect...

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4 hours ago

New Hampshire has made history as the first State in America to adopt the Strategic Bitcoin Reserve Bill into law. Months after Rep. Keith Ammon introduced the bill, it has now become law. The New Hampshire plan to gain exposure to Bitcoin is based on the model created by the Satoshi Action Fund, a firm affiliated with BTC bull Dennis Porter. New Hampshire Breaks the Bitcoin Reserve Myth According to the Press Release shared on X by Porter, the HB 302 Bill is now law, the first of its kind in th...

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5 hours ago