Bitcoin holds key support for $85K breakout as S&P 500 hits new all-time high
Bitcoin rebounded to $80,000 as US stocks hit record highs despite inflation concerns, signaling surging risk appetite among investors. BTC holds critical support near $79,400, with traders targeting an $85,000 breakout if levels hold. Leveraged ETF inflows and accelerating money-supply growth provide tailwinds for crypto, though central bank tightening remains a headwind for Indian investors tracking macro correlations.
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Strive shares jump on ‘daily dividend company’ strategy as firm goes debt free
Strive Inc. shares surged 7% after the Vivek Ramaswamy-led bitcoin treasury company announced daily dividend payments on preferred stock and eliminated all debt. The firm holds 15,009 BTC ($1.22 billion), making it the ninth-largest public bitcoin holder, and completed its Semler Scientific acquisition. Daily dividends at 13% annually mark a U.S. capital markets first, positioning Strive competitively in India's growing institutional crypto interest.
Senate Banking Committee Opens Historic Crypto Bill Markup as Warren, Republicans Clash Over CLARITY Act Amendments
Bitcoin Magazine Senate Banking Committee Opens Historic Crypto Bill Markup as Warren, Republicans Clash Over CLARITY Act Amendments The Senate Banking Committee opened a high-stakes markup for crypto on the Digital Asset Market Clarity Act. This post Senate Banking Committee Opens Historic Crypto Bill Markup as Warren, Republicans Clash Over CLARITY Act Ame...
U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act
U.S. Senate Banking Committee held a markup hearing on the Digital Asset Market Clarity Act Thursday, with Republicans and Democrats still divided on key provisions including DeFi treatment and ethics rules. Senator Cynthia Lummis said only 1% of differences remain. The bill advances crypto regulation in America, impacting global markets and Indian investors tracking U.S. regulatory shifts.