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Bitcoin Takes a Backseat as Altcoin Season Gains Momentum
Bitcoin Takes a Backseat as Altcoin Season Gains Momentum

In Brief Bitcoin dominance declines, indicating potential start of an altcoin season. Ethereum and other altcoins' market share increases significantly recently. Analysts anticipate a continued shift towards altcoins in the cryptocurrency market.

Cointurk·2025/08/25 22:25
Will ETH Repeat Its 2021 Breakout Pattern?
Will ETH Repeat Its 2021 Breakout Pattern?

Ethereum nears its previous ATH—will it surge into price discovery or face another rejection?Could a Breakout Be on the Horizon?Or Is Rejection More Likely This Time?

Coinomedia·2025/08/25 22:15
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00:40
David Sacks: The "CLARITY Act" will be submitted to the Senate for debate and vote next month
David Sacks, the White House Director of Cryptocurrency and Artificial Intelligence, stated that the "CLARITY Act" will be submitted to the Senate next month for debate and amendment, followed by a full vote. Senate Banking Committee Chairman Tim Scott and Agriculture Committee Chairman John Boozman confirmed that this bipartisan bill will be considered by the Senate next month. The "CLARITY Act" will define crypto securities and commodities, and clarify the responsibilities of the SEC, CFTC, and other financial regulatory agencies.
00:33
Intuit forms strategic partnership with Circle to integrate USDC stablecoin into its products
According to TechFlow, on December 19, Decrypt reported that fintech giant Intuit announced on Thursday a multi-year strategic partnership with stablecoin issuer Circle, planning to integrate the US dollar-backed stablecoin USDC into its products, including TurboTax, QuickBooks, and MailChimp. Intuit CEO Sasan Goodarzi stated that this collaboration will provide millions of consumers and businesses with faster, lower-cost, and programmable solutions for fund flows. The partnership will focus on offering taxpayers a new experience of using stablecoins for tax refunds and payments. The two parties have not yet disclosed which blockchain will be used, and more details will be announced in 2026.
00:33
Whale holds $237 million in long positions with an unrealized loss of $40.3 million, and ETH is on the verge of liquidation
After ETH rebounded to the break-even point, a certain whale chose to increase their position instead of closing it, and is currently holding long positions worth $237 million. As the price of ETH has fallen back, the whale's account now has a total unrealized loss of $40.3 million, with the ETH position only about $100 away from the liquidation price of $2,714. Currently, this address holds 57,100 ETH (unrealized loss of $20.72 million), 38.82 million XRP (unrealized loss of $19.03 million), and 230,000 HYPE (unrealized loss of $540,000). (Yujin)
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