Majors posted broad gains on Monday as oil eased from highs, two tankers sailed through the Strait of Hormuz for the first time since the war began, and Trump said the U.S. was talking to Iran.
Bitcoin’s convincing move above its key average indicates a strengthening of the bullish momentum.
The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds.
Each escalation in the Iran conflict has been larger than the last, but each bitcoin drawdown has been getting smaller.
Cardano’s founder recently made an argument about hyperscalers that needs to be addressed, says Fan.
Other major business events across the UAE, such as Middle East Energy Dubai and the Dubai International Boat Show, have also been postponed or delayed.
The funds will support the EF’s core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
The cryptocurrency community pushed back, with Michael Saylor saying Bitcoin has no issuer, promoter, or guaranteed return, and is instead driven by code and market demand.
The largest cryptocurrency is up 4.2% on the week despite Friday’s reversal, with attention now turning to the Fed meeting on March 17-18 and whether oil above $100 forces a shift in rate expectations.
A Cambridge study spanning 11 years and 68 verified cable failures found that Bitcoin’s physical infrastructure is far more resilient than previously understood, with TOR adoption actually strengthening the network.
Daily payments on XRPL surged to 2.7 million, AMM pools exploded to 27,000, and tokenized asset value jumped 35% in 30 days. XRP is down 26% this year.
Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia’s years-long court battle with the Fed concludes in a loss.