Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!

Bitcoin dips below $71K amid geopolitical jitters, but institutional buying keeps it afloat. MicroStrategy adds $330M worth of BTC, spot ETFs see $787M inflows. Analysts predict a rally to $88K, miners surge, and Coinbase premium hits highest since October. Regulatory clarity and mixed inflation data support risk assets, suggesting bitcoins foundation remains solid. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/80f429d4f6c151d3

Bitcoin and Ethereum lead the crypto markets decline, dropping 2.39% and 2.01% respectively. Most top coins experience drops between 1% and 4%, with some notable exceptions. Traders are cautious due to increased volatility, impacting portfolios across the board. A few tokens buck the trend, surging by 37.42% and 48.58% respectively. Stay tuned for potential market reversals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/458828f977ab9815

Crypto Super PAC Fellowship drops $300K on pro-crypto Republican candidate Caleb Fullers primary push, with ties to Tether and Trumps PAC. Midterms loom, and crypto laws are at stake. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a752de1e6d2aef9e

Geopolitical tensions, particularly the war involving Iran, are causing a shift in global trade finance. Banks are debanking commodity traders due to compliance issues, leading to a squeeze in the two trillion dollar market. Stablecoins, especially Tethers USDT, are stepping in as alternatives, with transaction volumes topping four trillion dollars. Haycen, a trade finance stablecoin outfit, is introducing USDhn token for instant settlements, potentially accelerating the shift to crypto rails as banks continue to de-risk. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/89d96c3b821bc39b

Justin Sun, Tron founder, accuses World Liberty Financial of misconduct, leading to a significant drop in WLFIs token value. Sun, once a major investor, claims to be the projects biggest victim, citing rigged governance votes and insider deals. The feud highlights issues in DeFi, with liquidity squeezed and trust eroding. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/740994e73fe5e8ce

Big investors are buying up TRUMP memecoin, moving hundreds of thousands of tokens to private wallets ahead of a high-profile gala at Mar-a-Lago. The tokens price is dipping, and three U.S. senators have questioned the events organizers about potential ties to Donald Trump. The gala could spark a turnaround or more turbulence in the TRUMP token game. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2798d352b9215da4

North Koreas hackers are exploiting crypto for billions, turning it into their main cash lifeline due to brutal sanctions. Unlike other nations, they dont use crypto as a sneaky payment tool, but treat the entire ecosystem as a giant ATM. They build fake identities and cozy up for months, targeting engineers and founders with the keys to the kingdom. Once a transaction hits the blockchain, its done, making crypto perfect for them. This sets North Korea apart as cryptos top threat, demanding better defenses across the board. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49c58307563670c3

Google News Glitch Highlights Rise of Prediction Markets: Despite Partnerships and Integrations, Most Users Struggle to Profit Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f64ff2b6e3de5db9

Ether Machines public debut plans crumble, blaming market conditions; Dynamix faces liquidation deadline, ETHZilla rebrands to Forum Markets; tough times for Ether treasury plays in crypto market. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b66bf9357a5aacab

XRP experiences a significant drop, plunging from $1.36 to $1.33 in minutes, breaking through the $1.35 support level and turning it into resistance. Despite a brief bounce, the price remains stagnant, indicating sellers dominance. The 24-hour drop is 1.7%, but the intraday smash reveals a bearish sentiment. Key levels to watch are $1.35 as a pivot point, and $1.40-$1.41 as resistance. Downside risks include $1.32 or $1.31 if $1.33 is breached. Volatility is high, and momentum is fading, suggesting a potential breakout in either direction. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4f21a55413b8a838

Macro investor Jordi Visser predicts a potential crypto rally if Bitcoin surpasses $76,000 and Ether reaches $2,400, despite current prices being around $71,600 and $1,900 respectively. Inflation data supports his optimistic view, with recession odds decreasing. However, not everyone shares his enthusiasm, with veteran trader Peter Brandt forecasting a Bitcoin dip below $60,000 by fall. Visser dismisses bull-bear labels, keeping the crypto market dynamic and watchful of key levels. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b7cedb9f2ab50465

Bitcoin and other cryptocurrencies plummeted by approximately two percent late Saturday evening in the U.S., following Vice President J.D. Vances announcement that U.S. and Iranian negotiators failed to extend a ceasefire. The crypto market reacted swiftly to the news, amidst ongoing tensions and unresolved issues between the two nations. Irans foreign ministry spokesperson, Esmaeil Baqaei, shared updates on X about the back-and-forth messages covering various topics, including the Strait of Hormuz, nuclear matters, war reparations, sanction relief, and the full cessation of conflict. As negotiations continue, all eyes are on whether new talks can bridge the gaps and prevent further escalation. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8497868f77124de1

Arizona Judge Halts States Crackdown on Kalshi, Backing Federal Regulation of Prediction Markets: A federal judge in Arizona has temporarily blocked state officials from enforcing gambling laws against Kalshi, a platform that allows users to bet on real-world outcomes through federally approved markets. The ruling highlights the ongoing debate between federal and state authorities over the legality of prediction markets, with Kalshi caught in the middle as states grapple with the distinction between innovation and traditional gambling regulations. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/13074c5ded74a501

Bitwise Asset Management is set to launch its spot Hyperliquid ETF, filing a second amendment with the SEC for the ticker BHYP and a management fee of 0.67%. The ETF, if approved, will trade on the NYSE Arca and provide direct exposure to Hyperliquids spot price. Bitwise is leading the race against competitors like Grayscale and twenty-one Shares, with the potential to offer extra returns from HYPE staking. The ETF push signifies the growing mainstream acceptance of crypto derivatives, as filings pile up and approvals may accelerate. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a29f4146d335d2dd

Bhutan, the pioneer of sovereign bitcoin mining, has significantly reduced its holdings, selling off over two hundred fifteen million dollars worth in the past year. Starting with thirteen thousand bitcoin in 2024, they now own less than four thousand, worth around two hundred eighty million dollars. Their mining operations, once powered by cheap hydropower, have likely been paused or shut down, as no mining inflows have been recorded in over a year. In contrast, other nations and firms are increasing their bitcoin holdings, with MicroStrategy recently purchasing four thousand eight hundred seventy-one bitcoin. Bhutans decision to sell comes as bitcoins value hovers near seventy-one thousand dollars, post-halving rewards are down, and mining difficulty is at record highs, making it more profitable to sell power to India than to mine bitcoin. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6ec50657cb86564