Kripto dünyasında en son gelişmeleri önemli haberleri ve son dakika olaylarını sizinle paylaşacağım
Takip edin bu haberler sizi doğru rotayı gösterecektir
Mobility in Bitcoin wiped out leveraged transactions $BTC
After Bitcoin (BTC) rose to the $71,000 resistance level on June 6, it unexpectedly started to decline and fell to $68,507. This decline resulted in the liquidation of long and short positions worth $409.51 million
The reason behind the decline is the US Employment Situation Summary Report, which was announced on June 7 and created general uncertainty in the market. The report stated that more job opportunities were created in May than expected.
In addition to Bitcoin, Ether (ETH) decreased by 3.58 percent, Solana (SOL) by 5.61 percent, and Dogecoin (DOGE) by 8.70 percent.
The BTC price fluctuated between $70,000 and $71,662 on June 5 and 6, with some investors hoping it would approach a new peak.
While Bitcoin (BTC) showed a significant decline at the close of May, all eyes turned to June.
Bitcoin was priced in a very tight area around $68,000 following the Memorial Day holiday in the United States. However, as the markets opened on Friday morning, it fell to a point close to the lowest level of the week, as it was affected by the declines in NASDAQ and SP500.
In contrast, May was a strong month for Bitcoin, rising 11% from $60,000 at the beginning of the month. Analysts, who approach June with uncertainty for now, stated that the data coming this month could be the catalyst for a new movement in Bitcoin's trading range.
This month, the US Federal Reserve (FED) interest rate decision meeting will take place on Wednesday, June 12, 2024 at 21.00 Turkish lira. This date, in particular, is expected to have a significant impact on cryptocurrencies.
However, more clarity is expected to come to the markets in the first week of June, thanks to the US national PMI report and national employment report.
President Biden Vetoes Pro-Crypto Bill, Maintains SEC Stand on Bitcoin (BTC) Regulation.
President Biden Vetoes Decision to Withdraw SEC Crypto Custody Directive In a decisive move, President Joe Biden vetoed a bipartisan resolution to withdraw the SEC's Staff Accounting Bulletin (SAB) 121. This bulletin has been a point of contention, with critics claiming it discourages banks from offering crypto custody services. The veto underscores the administration's determination to maintain tight regulatory oversight of the rapidly evolving crypto market.
Effects of Veto on Crypto Industry The veto has significant ramifications for the crypto industry, particularly regarding how financial institutions interact with digital assets. The SEC's SAB 121 guidelines contain rules that critics view as overly restrictive, potentially stifling innovation and limiting banks' abilities to provide custody services for cryptocurrencies. By vetoing this resolution, President Biden stated his commitment to maintaining strong regulatory frameworks that he believes are necessary to protect consumers and ensure market stability.
The Future of Crypto Regulation: The FIT21 Act Although President Biden vetoed the resolution on SAB 121, he has expressed willingness to work with Congress on a balanced regulatory framework for digital assets. This is reflected in the ongoing debate around the Financial Innovation and 21st Century Technology Act (FIT21). The FIT21 Act aims to create a federal framework for regulating digital assets and has received significant bipartisan support. However, Biden has also expressed reservations about this legislation and reflects a cautious approach to crypto regulation. #Bitcoin #BinanceHerYerde #BNB #pepecoin🐸