Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap? Source: Cointelegraph

Bitcoin rallied above $60,000 despite Federal Reserve rate hike fears and steady outflows from the BTC spot ETFs. Is the rally a bull trap? Source: Cointelegraph

The company announced a suite of DeFi products, plans for launching crypto trading in the UK and its public mainnet after months of testing. Source: Cointelegraph

Franklin Templeton transferred a tokenized US Treasury to Virtu Financial in what Tradeweb said was the first real-time transaction settled against USDCx. Source: Cointelegraph

Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support. Source: Cointelegraph

Colorado’s Democratic and Republican primaries finished on Tuesday, with at least one candidate supported by $1 million from a crypto-aligned PAC going to the November general election. Source: Cointelegraph

Bitcoin bear-market bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend. Source: Cointelegraph

Crypto ATMs are fast disappearing in the US as Tennessee’s ban goes into effect today while operators in Minnesota have until Aug. 1 to comply with a similar law. Source: Cointelegraph

The integration addresses one of the biggest obstacles keeping institutional capital on the sidelines of crypto markets: exchange counterparty risk. Source: Cointelegraph

Bitcoin started July with a bang, rallying above $60,000 as traders predict a relief rally as the “base case” throughout the month. Source: Cointelegraph

Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition for institutional capital heats up. Source: Cointelegraph