Crypto News

Bitcoin has experienced notable selling pressure, sliding under $81K as a key technical level that bulls have defended since August was broken, with Bitcoin ETFs shedding $635M in the biggest outflow since June reflecting broader investor caution. On the regulatory and political front, a senator is investigating Tether's reported $6M deal with a firm tied to an ex-Trump crypto advisor, while allegations have emerged that a White House adviser may have been influenced by the stablecoin issuer. Meanwhile, positive developments include 3 Asian central banks uniting to connect stablecoins across borders and China targeting 2030 to complete its national blockchain network, alongside a major security takedown where a UAE-led coalition exposed $39 billion in crypto fraud and arrested 960 individuals.