Bitcoin (CRYPTO: BTC ) continues to face selling pressure as it tries to defend a key zone around $67,000, with bears pressing at every incline. The $65,118 support remains a focal point for downside risk, while the upside faces hurdles near $72,000 and $74,508. The longer-term picture is complicated by a pair of moving averages that traders watch closely: the 200-week simple moving average sits near $58,371, while the 200-week exponential moving average hovers around $68,065. The current positioning near the 200-week EMA has prompted some analysts to suggest that BTC may be near a bottom, even as near-term momentum remains fragile. Analysts have pointed to long-run price action to argue that a bottom could be forming. On X, analyst Jelle observed that almost all of BTC’s significant bottoms formed within the range defined by the 200-week SMA and the 200-week EMA, and he noted that trading near the 200-week EMA might indicate that the bottoming process has begun. That view is echoed by...
In a private Florida gathering at Mar-a-Lago, lawmakers, industry executives, and crypto leaders converged to discuss the policy terrain shaping the United States’ approach to digital assets. The forum, organized by World Liberty Financial—the company led by Donald Trump’s two eldest sons—put a spotlight on how Washington plans to regulate markets, custody, and the evolving landscape of tokenized assets. In the lead-up to the event, World Liberty’s WLFI token surged more than 23%, trading around $0.12 after topping $466 million in volume over the prior 24 hours. The gathering drew co-founders Eric Trump and Donald Trump Jr., Coinbase CEO Brian Armstrong, BitGo co-founder and CEO Mike Belshe, and CFTC Chair Michael Selig, among others, signaling a melding of political influence and entrepreneurial crypto interests. The setting—a private club forum rather than a public hearing—did not keep the subject from the spotlight. Participants were slated to address a broad array of policy issues ...