Bitcoin’s price recovery from the dip to $62,200 continues, as the asset has added two grand and now sits confidently above $64,000. It appears that the market is pricing in the latest positive development on the Middle East uncertainty. A report from Axios from earlier this morning indicated that the US, Iran, and Oman are […]
Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile place once again. The weekend moves on the war front in the Middle East did little […]
Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced […]
Following a few weeks of escalations, new threats, and strikes, United States President Donald Trump has reportedly ordered its military to stand down instead of carrying out the planned attacks for tonight. The crypto focus is back on bitcoin, which has typically shown a positive reaction to similar developments. However, the actual impact might be […]
Crypto traders have “flipped their expectations several times” in just one month, reported analytics provider Santiment on Wednesday. The crowd was heavily bearish for most of June, calling for lower prices as Bitcoin slipped to $58,000. However, they’ve flipped bullish now as BTC rebounded towards $64,000, said Santiment before adding: “These fast mood swings show how […]
More than $3.84 billion in blockchain transactions have been traced between crypto exchange CoinEx and sanctioned Iranian entities over a period of more than seven years. The findings come shortly after the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four Iranian exchanges, Nobitex, BitPin, Wallex, and Ramzinex, under Executive Orders 13224 and 13902. […]
Bitcoin’s price is on the move on Sunday evening, jumping past $65,000 for the first time in approximately ten days. The impressive price jump came after US President Donald Trump confirmed on his social media platform that the deal with Iran, as promised yesterday, “is now complete.” Recall that the POTUS noted yesterday that Iran […]
Despite last week’s controversial developments on the war front between Iran, the US, and several other nations involved in the conflict, Donald Trump promised on his social media platform minutes ago that a permanent deal is expected to be announced tomorrow. Given bitcoin’s susceptibility to positive or negative news related to the war, the question […]
Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main culprit for this is US President Donald Trump’s statement from less than an hour ago that […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump administration’s Economic Fury campaign aimed at increasing economic pressure on Tehran. The Treasury’s sanctions apply to Nobitex, Wallex, Bitpin, and […]