Bitcoin News: U.S. Crypto Bill Gains Momentum, Potentially Boosting Mainstream Adoption

Best Crypto to Buy Now as US Crypto Bill Gains New Push

U.S. Representatives Zach Nunn and Jim Himes have reintroduced the Financial Technology Protection Act, proposing a cross-agency group to combat illicit crypto activity. Notably, crypto industry leaders are included within the working group, signaling a growing willingness to collaborate. While the bill focuses on regulation, its broader impact could be increased clarity, reduced uncertainty, and a stronger foundation for mainstream adoption. For investors, this moment often marks the beginning of renewed interest, especially in projects with solid fundamentals or strong cultural relevance. BTC Bull sits at an intersection that becomes more relevant as regulation becomes clearer: accessibility and narrative alignment.

Bitcoin Hits Major Compression Level, Historical Data Suggests Imminent Price Movement

Bitcoin (BTC) has entered a critical phase, reaching a major compression level on realized volatility. This pattern has historically been linked to explosive price action, and as Bitcoin tightens within this range, market-defining moves could be imminent. The compression phase has repeatedly preceded sharp Bitcoin price shifts, making this a pivotal moment for the asset. With Bitcoin at the center of market speculation, historical patterns hint at a potential breakout.

Bitcoin Drops to $84,000, Fear of $72,000 Looms

The volatility of Bitcoin has resurfaced, with the cryptocurrency dropping by 3.5% in a few hours after peaking beyond $84,000. This pullback fuels fears of a return to $72,000, a scenario that seemed unthinkable recently. The cause is attributed to uncertain macroeconomic liquidity conditions, which weaken risky assets. Some analysts believe the market could enter a critical phase, where monetary policies and investors’ appetite for risk will be decisive. The bitcoin market is currently undergoing turbulence, with sellers taking control after a sharp rejection at the exponential moving average of 200 days, resulting in a drop below $84,000.

Kiyosaki Warns About Traditional Currencies, Recommends Silver and Bitcoin

Financial author Robert Kiyosaki has issued a warning about traditional currencies, advising people not to save ’fake money’ a.k.a. FIAT government money. Instead, he recommends saving in alternative assets like precious metals and cryptocurrencies. Specifically, he has highlighted silver as his top near-term investment pick and recently recommended Bitcoin (BTC) as well. Kiyosaki has been advocating for saving in real gold and silver coins for many years.

Tabit Insurance and Rain Raise Over $64M in Crypto VC Funding

This past week, there was an increased focus on venture capital investment in financial infrastructure services. Tabit Insurance and Rain collectively raised over $64 million for specialized financial solutions. According to Crypto Fundraising data, the total funding for the week exceeded $130 million, with a notable interest in insurance, payments, and multi-ecosystem development across various blockchain networks. Tabit Insurance raised $40 million in an undisclosed round, with the capitalization of the insurance facility in Bitcoin (BTC) being described as an industry first, allowing company auditors and regulators to verify the financing in real time. Rain, on the other hand, secured $24.5 million in funding.