PDAXScope: BTC nears 108K, $481M liquidated, Japan eyes ETFs

Bitcoin Nears $108K as Fed Rate Cut Bets Rise; Traders Eye Ether, Solana, Cardano (CoinDesk)

Bitcoin is nearing $108,000 as hopes rise that the U.S. Federal Reserve might soon cut interest rates, as reported by CoinDesk. Major altcoins like Ether, Solana, and Cardano also saw gains as traders look for the next potential rally. 

$481M Crypto Liquidations Rekt Traders After Israel-Iran Tension Eases (BitPinas)

Over $481M in crypto was liquidated after U.S. President Donald Trump announced a ceasefire between Israel and Iran, as reported by BitPinas. Major cryptocurrencies like Bitcoin and Ethereum led the liquidations, with altcoins such as Solana and XRP also impacted.

Japan proposes reclassifying crypto, paving way for ETFs and lower taxes (Cointelegraph)

Japan is moving to ease its crypto rules to boost growth and attract more investors, as reported by Cointelegraph. Lawmakers have proposed reclassifying cryptocurrencies as traditional financial assets, which would allow for crypto ETFs and lower taxes on crypto gains.

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