Crypto bulls were blindsided Friday after the U.S. military launched airstrikes on Iran’s key nuclear sites, triggering a sharp selloff and $595 million in long-position liquidations. The move, announced by former President Donald Trump, saw bombers hit Fordow, Natanz, and Isfahan — three of Iran’s main uranium enrichment facilities. The geopolitical jolt rattled global markets […]
Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research’s technical analysis model. This price behavior reflects an […]
Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,” […]
What started as a positive day for crypto markets quickly reversed during the U.S. session with bitcoin BTC sliding below $103,000 from the $106,500 level just hours earlier. At press time, bitcoin had pared some of the losses, returning to $103,200, down 1.2% over the past 24 hours. Other large cryptocurrencies endured steeper declines. Ethereum’s […]
Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin. DT […]
Peter Schiff, vocal proponent of gold and a longtime critic of cryptocurrencies and bitcoin BTC, said he intends to launch his own gold-backed token while taking a dig at the value of U.S. dollar-pegged stablecoins. “I get bitcoin, but not U.S. dollar stablecoins,” Schiff posted Friday on X. “If you’re going to introduce a third-party […]
Arizona moved closer to establishing a bitcoin BTC reserve fund after the state’s Senate voted in favor of the bill at its third reading. Arizona’s Senate passed House Bill 2324 (HB2324) in a 16-14 vote on Thursday, sending it back to House for a final decision. The legislation would update Arizona’s laws on forfeiture, allowing […]
A North Korean hacking group is targeting crypto workers with a Python-based malware disguised as part of a fake job application process, researchers at Cisco Talos said earlier this week. Most victims appear to be based in India, according to open-source signals, and seem to be individuals with prior experience in blockchain and cryptocurrency startups. […]
XRP XRP has staged one of the strongest rallies among crypto majors this cycle, but early retail holders are heading for the exit under the surface. Now trading above $2 — more than thrice its pre-rally base from October 2024 — XRP has become one of the best-performing large-cap tokens over the past 8 months. […]
Bitcoin Cash surged to a two-month high above $499 as bulls took control during an aggressive rally fueled by institutional demand and broader market uncertainty. The move puts BCH within striking distance of the psychologically critical $500 level — a zone last touched during April’s breakout attempt. News Background BCH’s rally comes as escalating global […]
Crypto markets drifted lower on Thursday, caught between hawkish macro guidance, looming global trade deadlines, and fading volatility. Bitcoin BTC hovered near $104,700 during Asia hours, slipping 1.2% over 24 hours, while ether ETH traded just below $2,860, down 1.8% on the day. The soft price action tracks with broader macro unease following Wednesday’s FOMC […]
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world. The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic […]