Bitcoin News·
Bitcoin fell to $62,103 early Wednesday, down $1,208, or 1.91%, after sellers rejected a run at $64,169 during the prior 24 hours and after President Trump said the ceasefire with Iran is on shaky ground. The pullback has left the daily chart cautious, the shorter timeframes thin on volume, and the indicator board split between […]
Read full articleBitcoin’s supply headlines have been loud, but ETF flow data is giving bulls something to point to. Farside’s numbers show a $143 million net inflow day for US spot Bitcoin ETFs, suggesting institutional buyers are still
Bitcoin’s supply headlines have been loud, but ETF flow data is giving bulls something to point to. Farside’s numbers show a $143 million net inflow day for US spot Bitcoin ETFs, suggesting institutional buyers are still
Market volatility may persist as geopolitical tensions and oil price fluctuations challenge economic stability and investor confidence. The post Middle East tensions, oil price surge hit markets; AI, semiconductor stocks dip appeared first on Crypto Briefing.
The post Zcash Founding Scientist Challenges Bitcoin’s 21 Million Cap appeared on BitcoinEthereumNews.com. StarkWare CEO Eli Ben-Sasson, a founding scientist of the privacy coin Zcash, challenged Bitcoin’s 21 million cap this week. He argued that lost private keys will steadily shrink the usable supply and proposed a 4% annual issuance limit instead. The pushback was immediate, since Bitcoin supporters treat the fixed supply as the network’s founding promise. Zcash creator Zooko Wilcox answered with a rival design that keeps hard caps intact. Bitcoin Maximum Supply. Source: BeInCrypto Why Ben-Sasson Says Bitcoin’s 21 Million Cap Fails Ben-Sasson helped invent the STARK proof system now used across crypto and co-authored Zerocash, the 2014 design behind Zcash. His critique starts from the numbers on lost coins. Chainalysis estimated that 2.78 million to 3.79 million BTC were already unrecoverable by 2017. The figure assumes Satoshi Nakamoto’s untouched coins are gone for good. Courts ar
The post Markets Tumble as Trump Ends Iran Ceasefire, Oil Prices Spike Above $74 appeared on BitcoinEthereumNews.com. Key Takeaways President Trump announced the end of the US-Iran ceasefire during NATO meetings in Ankara, triggering widespread market volatility Major index futures declined significantly, with Dow futures shedding more than 500 points Crude oil prices jumped over 5% following the US decision to cancel Iran’s crude export authorization South Korean markets plummeted 5.4%, leading losses across Asian trading sessions Market participants await Federal Reserve meeting minutes from June for insight into monetary policy under Chair Kevin Warsh American equity futures experienced significant declines Wednesday morning following President Donald Trump’s announcement that the ceasefire agreement with Iran has concluded. Futures contracts for the Dow Jones Industrial Average tumbled over 500 points, representing approximately a 1% decline. The S&P 500 futures contract decreased
Iran's firm stance may prolong geopolitical tensions, impacting global oil markets and complicating diplomatic efforts for nuclear resolution. The post Iran unlikely to make nuclear concessions amid US hesitancy: Jerusalem Post appeared first on Crypto Briefing.
The post Bitcoin is Seeing a ‘Textbook’ Bottom as More Analysis Brings Back 2022 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Bitcoin is repeating previous macro bottom behavior in a “textbook” manner, analysis argues. Short-term holders are taking profits on minor recoveries — something “characteristic of a bull market.” Doubts remain about speculators avoiding future capitulation. Analysis: Bitcoin bottom will “be very obvious in hindsight” In their latest analysis on X, the Bitcoin quant account known as Frank, named for the famous economist Frank A. Fetter, doubled down on conviction that the worst of the BTC price downtrend is over. “This is a textbook bitcoin bottom; I mean every bottom signal has flashed or is flashing, it’ll be very obvious in hindsight,” one post stated. An accompanying chart showed the 200-week simple moving average (SMA) for BTC/USD, along with
NATO's minesweeper deployment in Hormuz may heighten military tensions, impacting global markets and diplomatic relations with Iran. The post NATO allies to deploy minesweepers in Strait of Hormuz, Trump announces appeared first on Crypto Briefing.
