BTC rebounds after Crash, Inventory rout Continues, Fee-cut odds surge
BTC hits 4-month low, faucets $76k earlier than rebound. Liquidations $1.1bn, follows a number of enormous wipe outs. Worry & Greed index falls to 14, lowest since 2022. ETH hits 16-month lows, underperforms once more. Enormous ETH liquidation in focus at $1127. Stablecoin market cap hits new ATH. Buyers discounting stimulus: Cathie Wooden. Trump to signal EO to finish Operation Checkpoint 2.0. SEC trying to ease crypto agency registration guidelines. Senate committee to vote on stablecoin invoice. Mt Gox makes second $900m+ transfer in per week. Coinbase to launch 24/7 perp-style futures in US. Coinbase will get license in India. Deutsche Borse to supply BTC, ETH custody providers. SGP trade rolls out open-ended BTC futures. ETH’s Pectra improve on Sepolia disrupted. Lazarus have laundered $300m from ByBit hack. Thai SEC approves USDT. Offchain labs so as to add ARB tokens to treasury. Subsequent cash to pump shall be ‘utterly completely different’.