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Bitcoin pulls back as another golden cross fails to deliver

Bitcoin’s golden cross may support the longer-term outlook, but history suggests much of the upside often occurs before the signal appears. Source link

Revised CLARITY Act Sets Rules for Controlled DeFi

A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply with securities, commodities and anti-money laundering (AML) requirements. The revised text, posted on Senator Cynthia Lummis’ website, defines such a protocol as one whose functionality, operation, or rules can be…

Bitcoin Hodlers ‘Selling Less’ As Sell-Side Risk Returns To Lows

Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows. Key points: Bitcoin’s sell-side risk ratio fell to seven from 16 in September, placing it among its lowest-ever readings. Selling pressure eased while Bitcoin held most of its 25% August gains. Bitcoin ETF investors have spent 229 sessions below their…

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