Cointelegraph·
10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week.
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Block's initiatives could redefine Bitcoin's role in everyday transactions, potentially accelerating mainstream adoption but facing regulatory hurdles. The post Jack Dorsey aims to make Bitcoin everyday money through Block initiatives appeared first on Crypto Briefing.
Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $80,800 and $80,000 levels. Bitcoin Price Turns Positive Bitcoin price found support near $79,200 and started a fresh increase. BTC gained pace for a move above the $79,750 and $80,200 resistance levels. The bulls even pushed the price above $82,000. A high was formed at $82,436, and the price started a consolidation phase. There was a minor decline toward the 23.6% Fib retracement level of the upward move from the $79,168 swing low to the $82,436 high. Bitcoin is now trading above $80,750 and the 100 hourly simple moving averag
Block's initiatives could redefine Bitcoin's role in everyday transactions, potentially accelerating mainstream adoption but facing regulatory hurdles. The post Jack Dorsey aims to make Bitcoin everyday money through Block initiatives appeared first on Crypto Briefing.
The summit's outcome could significantly impact crypto markets, influencing Bitcoin mining costs and broader digital asset sentiment. The post Beijing confirms Trump state visit and Xi summit for May 14-15 appeared first on Crypto Briefing.
The disruption in the Strait of Hormuz highlights vulnerabilities in global energy supply chains, potentially driving long-term shifts in trade routes. The post Iran crisis disrupts Strait of Hormuz, insurance withdrawal impacts shipping appeared first on Crypto Briefing.
Netanyahu's stance may hinder peace prospects, potentially escalating military actions and impacting global diplomatic and security dynamics. The post Netanyahu: Iran conflict ongoing, enriched uranium must be removed appeared first on Crypto Briefing.
