Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return
Bitcoin showed fresh signs of volatility as US CPI inflation saw new multiyear highs on oil price hikes thanks to the US-Iran war....
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Labor Unions Join Banking Industry in Opposition to Senate Crypto Bill, The Clarity Act
Major U.S. labor unions joined banks in opposing the Senate's CLARITY Act, warning crypto regulation could destabilize retirement accounts and worker savings. The AFL-CIO and four other unions argued the bill invites excessive risk-taking by crypto firms while exposing pensioners to digital asset volatility. Thursday's committee vote remains uncertain amid Democratic hesitation and stablecoin disputes between regulators and the industry.
Bitcoin whale 'still short' BTC despite facing $13M in losses
A Bitcoin whale holding a $81 million short position faces $13 million in losses as BTC rebounds 40% from February lows. The trader, pension-usdt.eth, maintains the bet despite risks, with full liquidation occurring at $100,810. Technical analysis suggests potential pullback toward $71,000 could ease losses, while market debate continues over whether current conditions resemble prior bear cycles.