Bitcoin’s 52-week correlation with USD/JPY hits -0.90, undercutting carry trade theory

Bitcoin price has slipped back below $60,000 after another failed breakout attempt, as weak stablecoin inflows have reinforced concerns over a lack of fresh buying demand. According to data from crypto.news, Bitcoin (BTC) traded near $59,300 on June 30 after…

Increased ETF holdings in Bitcoin-focused firms like Strive may heighten exposure to crypto volatility, impacting diversification benefits. The post BlackRock’s iShares Micro-Cap ETF boosts Strive holdings by 80K shares to $3M appeared first on Crypto Briefing.

JPMorgan says digital assets are moving toward core U.S. finance and calls for clear rules on stablecoins, AML, and tokenization. JPMorgan Chase said digital assets are moving toward the core of the U.S. financial system. The bank also backed a national crypto framework with stronger oversight. The bank said Bitcoin, stablecoins, tokenization, and programmable money […] The post JPMorgan Warns Crypto Is Becoming Core to US Finance Without Clear Rules Today appeared first on Live Bitcoin News.

Rising eurozone rates could shift investor focus from crypto to fixed-income assets, impacting digital currencies like Bitcoin and Ethereum. The post European Central Bank rate hike possible in September, says Apollo’s Torsten Slok appeared first on Crypto Briefing.

Bitcoin remains relatively volatile over the past 24 hours as bulls are trying to reclaim $60K. Broader markets reacted positively to renewed diplomacy efforts between the US and Iran.

Iran's demands could escalate geopolitical tensions, impacting global oil markets and potentially boosting Bitcoin's role in international trade. The post Iran demands full control of Strait of Hormuz, rejects nuclear talks in favor of Bitcoin-settled maritime platform appeared first on Crypto Briefing.

Ethena partners with BlackRock to add USDe to Aladdin, with BUIDL backing whitelabel products and a $100M liquidity facility. Ethena has partnered with BlackRock to bring USDe into the Aladdin platform. USDe joins Bitcoin and Ethereum as supported crypto assets on the system. Aladdin is BlackRock’s risk platform for institutional investors across global finance. The […] The post Ethena Partners With BlackRock as USDe Joins Aladdin Beside BTC and ETH appeared first on Live Bitcoin News.

The Celsius-linked Bitcoin miner is seeking a Nasdaq direct listing as it repurposes mining infrastructure for AI and high-performance computing workloads.