Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge
Bitcoin has continued its rocket upwards, and blew past $79,000 on Friday.
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Bitcoin has continued its rocket upwards, and blew past $79,000 on Friday.

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Meanwhile crypto majors and alts continue to soar, with BTC nearing $80k and alts like Pump and ZEC putting up big candles.

A Reuters/Ipsos survey found 63% of Americans view the Trump family's crypto profits as inappropriate, with even half of the president's fellow Republicans saying his business interests sway his decisions.

Binance Agent OS connects tools like ChatGPT and Claude directly to the exchange's markets, though safeguards wall agents off from user funds—and leave much of the oversight to users themselves.

CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.

Bitcoin's surge above $72,000 wiped out billions in bearish bets, but analysts say fresh buying will be needed to keep the rally going.

Bitcoin's sharpest rally in five months flipped prediction-market odds from bearish to a coin flip—but the longer-term bets still price in a crash.

The CFTC chair said staff is already exploring a crypto market structure framework and could move quickly to propose rules if Congress fails to act.

Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba's run of profit misses to a fifth straight quarter.


Seventeen alleged members of Iran-based Mabna Institute were charged over hacks targeting hundreds of universities, companies, and government agencies.

The StopAndProtect operation used compromised WordPress websites to spread malware, steal crypto wallet files, and deploy ransomware.
Bitcoin punched above $72,000 Thursday, extending a two-day squeeze that's wiped out the most short positions on record and mounted the first real challenge to a bearish chart that's held since November.