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The latest crypto coverage from the TrustFinance editorial desk.
SkyBridge Capital founder Anthony Scaramucci argued that Bitcoin's relatively shallow 55% correction indicates resilient underlying demand compared to historical bear markets, predicting a future price above $100,000.
Former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang will avoid monetary penalties from the U.S. commodities regulator due to their cooperation in the FTX investigation, though they face multi-year trading and registration bans.
Bitcoin rallied over 8% on Wednesday, causing more than $1 billion in bearish bets to be liquidated in an hour amid positive regulatory signals and a key U.S. Treasury announcement.
The price of XRP climbed more than 10% to top $1.10, marking its most significant single-day percentage increase in months and boosting its market capitalization to nearly $68 billion amid a broader crypto rally.
The cryptocurrency EOS recorded its most significant single-day percentage increase since December 2025, rallying alongside broader gains in Bitcoin and Ethereum. The token remains more than 99% below its 2018 all-time high.
Cardano (ADA) registered its most significant one-day percentage increase since early July, rising over 10% and pushing its market capitalization to nearly $6.9 billion amid a wider cryptocurrency market rally.
Bitcoin's price surged nearly 8% on Thursday, approaching the key $70,000 level, spurred by supportive comments on crypto regulation from former President Donald Trump and a drop in U.S. Treasury yields that boosted risk appetite.
Bitcoin experienced its most significant single-day rally since early February, climbing more than 10% to trade above the $71,000 level and boosting its total market capitalization to nearly $1.4 trillion.
XRP experienced a significant price rally on Thursday, marking its best single-day performance in months and pushing its market capitalization above $77 billion amid broader gains in the cryptocurrency market.
