Bitcoin’s price recovered impressively yesterday by surging to a 10-week peak of over $78,000 after US President Donald Trump said the Strait of Hormuz was opened. However, this rally could be in jeopardy now, as Iran’s Speaker of Parliament, Ghalibaf, denied many of the POTUS’s positive statements. All Were False Recall that Trump took to […]
Just a couple of days after a cryptic tweet on X containing XRP’s logo, the official channel behind the Solana ecosystem announced that a 1:1-backed token redeemable for Ripple’s cross-border token has launched on its blockchain. The statement coincided with notable price gains charted by XRP and SOL today as the geopolitical tension in the […]
Around 22,200 Bitcoin options contracts will expire on Friday, April 17, with a notional value of roughly $1.66 billion. This event is a little smaller than last week’s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $150 billion being added to […]
Bitcoin’s near-term direction may hinge less on Fed policy than on which four war scenarios play out in the Middle East. This is according to Maelstrom’s chief investment officer, Arthur Hayes, who published a detailed breakdown this week, arguing that the US-Iran conflict, now almost seven weeks in, has created a trading environment so uncertain […]
Bitcoin’s price ascent came to an end minutes ago as the asset was rejected at $75,000 and pushed south by two grand in minutes. The notable price decline came after the US jobs report for the past week came out, which was actually quite positive. The US Labor Department announced minutes ago that initial claims […]
Bitcoin exchange outflows have been ongoing for two months, with many days seeing only outflows, observed CryptoQuant analyst ‘Darkfost’, who described it as “insane.” Since the beginning of March, the monthly average exchange flow has turned negative and currently stands at -1,640 BTC. “This suggests a clear accumulation trend that has been building over the past […]
X has launched a feature called “Cashtags” that lets users view real-time stock and crypto charts directly within the app. The feature is currently available to iPhone users in the United States and Canada. How Cashtags Works X head of product, Nikita Bier, announced the Cashtags rollout on April 14, framing it around the social […]
Tron founder Justin Sun, who also happens to be the single largest investor in the Trump family-linked World Liberty Financial (WLFI), has publicly demanded that the DeFi project disclose the identities behind a single anonymous wallet and a five-member group that he claims can freeze user funds. The confrontation is centered on the control of […]
Polkadot’s native token plunged by over 7% in minutes after reports emerged that a hacker minted a billion tokens on the Ethereum mainnet and sold them off. The asset traded at $1.24 before it plunged immediately to $1.15, but managed to recover some ground and now trades around $1.20. Arkham reported that an unknown attacker […]
Crypto markets are falling this Monday morning in Asia as investors react to the breakdown in negotiations between Iran and the US. “All eyes are on the oil and stock market’s reaction to this weekend’s events,” said the Kobeissi Letter. President Trump is looking at resuming “limited military strikes” in Iran in addition to the […]