Bitcoin plunged to a multiweek low of $72,395 before sharply rebounding past $74,000, ultimately stabilizing slightly under $74,000. The reversal was seemingly triggered by news of a tentative U.S.-Iran agreement to reopen the Strait of Hormuz. Bitcoin Reclaims $74,000 Following Intraday Dip On Friday, May 29, bitcoin reclaimed $74,000 just a few hours after it […]
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP, HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Bitcoin ETFs Fall Below […]
Bitcoin (BTC) has survived multiple bull and bear market cycles since it began trading, and each time the market collapsed, a new rally eventually followed. That recurring four-year cyclical pattern has given many investors deep confidence that history will repeat itself. However, after studying the same past cycle patterns, market expert CryptoCon has reached a different conclusion. He has highlighted two possibilities, suggesting that the four-year cycle theory may either be playing out behind the scenes or that this market could be a failed cycle. How This Bitcoin Bear Market Compares To Past Ones In a recent X post, CryptoCon has drawn parallels between the current Bitcoin cycle and past ones, in which prices explode to new all-time highs and then enter a prolonged bear trend that shakes out investors and triggers fear and panic selling. The analyst noted that, when comparing the current bear market by size to previous ones, he believes the market is nowhere near the level of desp
Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. The Texas Comptroller’s office said Thursday that Acting Comptroller Kelly Hancock will serve on the five-member Texas Strategic Bitcoin…
BIP-110's potential failure or self-fork highlights governance challenges in Bitcoin, risking network fragmentation and investor uncertainty.
The post BIP-110 may self-fork or fail to activate by August 7th, warns Adam Back appeared first on Crypto Briefing.
The Iran conflict's impact on energy markets highlights vulnerabilities in global supply chains, potentially leading to long-term economic instability.
The post Iran conflict triggers major energy crisis, disrupts Strait of Hormuz shipping appeared first on Crypto Briefing.
Strive's aggressive Bitcoin acquisition strategy could influence market dynamics, potentially impacting Bitcoin's price and investor sentiment.
The post Strive raises capital to acquire 2,624 Bitcoin in record-breaking week appeared first on Crypto Briefing.
The outcome of Trump's decision on the Iran deal could significantly impact global markets and reshape the geopolitical landscape.
The post Trump to hold Friday meeting for final decision on Iran deal, crypto markets brace for impact appeared first on Crypto Briefing.
Prolonged disruptions in the Strait of Hormuz could trigger a global energy crisis, heightening market volatility and impacting fuel prices.
The post Strait of Hormuz disruption risks global energy supply shock amid tensions appeared first on Crypto Briefing.