Could the US Ban Bitcoin in a Surprise Move While Taking Steps in Favor of the Bull Market? The CFTC Chairman Answers!

The sanctions highlight the US's strategic focus on disrupting Iran's economic networks, potentially straining US-China relations further. The post US government sanctions three individuals, nine companies aiding Iranian oil shipments to China appeared first on Crypto Briefing.

On-chain data shows the Bitcoin retail demand change has surged back into the green zone after a plunge underwater earlier in the year. Bitcoin Retail Investor Demand Change Has Surged To +4% In a new post on X, CryptoQuant author Axel Adler Jr has talked about the latest trend in the 30-day change of the […]

The post Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower. Bitcoin price feels hot inflation impact BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure. Bitcoin price decline alongside rising US Treasury yields, oil prices, and US dollar index The move followed the April US Producer Price Index. Final demand PPI rose 1.4% month over month, far above the 0.5% consensus and the prior 0.7% reading. The annual rate accelerated to 6.0% from 4.3%, above the 4.9% consensus. Core PPI rose 1.0% month over month against expectations for 0.3%, while core PPI year over year moved to 5.2% from 4.0%. Trading Economics data als

The post Japan’s Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Metaplanet Inc. grew its bitcoin holdings to 40,177 BTC ($3.2 billion) by March 31, 2026, solidifying its status as the premier corporate treasury for the asset outside the United States. The Tokyo-listed firm delivered a 2.8% BTC Yield in Q1 2026, effectively increasing the amount of bitcoin backing each share despite a broader market correction and non-cash valuation losses. Management confirmed its FY2026 forecast of ¥16,000 million ($101.39 million) in net sales and ¥11,400 million($72.24 million) in operating profit as it scales its “Digital Credit” strategy. Tokyo’s Metaplanet Hits 40,177 Bitcoin Milestone Amid Q1 Earnings Volatility The company announced that its total bitcoin holdings reached 40,177 BTC as of March 31, 2026. This milestone solidifies Metaplanet’s standing as the leading publicly traded bitcoin treasury outside of

The post Quantum Computing Threat ‘Mostly a Coordination Issue’ for Bitcoin: Fireblocks CEO appeared on BitcoinEthereumNews.com. In brief Fireblocks CEO Michael Shaulov argued that migrating to post-quantum signature schemes is “mostly a coordination issue” for Bitcoin, rather than a technical challenge. Shaulov flagged North Korean hacking attacks as a roadblock to institutional adoption of crypto. Crypto privacy is “the most important and unresolved issue” for Fortune 500 companies seeking to adopt crypto, he said. The threat posed by quantum computing to the cryptographic signature schemes employed by Bitcoin and other cryptocurrencies is “not actually a threat as people make it out to be,” according to Michael Shaulov, CEO of crypto infrastructure provider Fireblocks. Speaking at the Financial Times Digital Asset Summit, Shaulov argued that “the entire internet industry needs to basically leapfrog and start using post-quantum encryption,” adding that, “generally speaking, we have t

The post US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes appeared on BitcoinEthereumNews.com. US Producer Price Index (PPI) Final Demand jumped 6% in April 2026, the highest reading since January 2023. The print came in well above the 4.9% consensus forecast. The monthly gain hit 1.4%, nearly triple the 0.5% consensus, while core PPI rose 1% on the month. Both headline and core figures now sit at three-year highs. Services Drove the April Surge Final demand services climbed 1.2%, the largest monthly advance since March 2022. The gain accounted for roughly 60% of the headline move, according to the BLS release. PPI 6% YoY, Est. 4.9%PPI 1.4% MoM, Est. 0.5% PPI Core 5.2% YoY, Est. 4.3%PPI Core 1% MoM, Est. 0.3% — Wall St Engine (@wallstengine) May 13, 2026 Trade services margins rose 2.7%, while transportation and warehousing prices jumped 5%. Final demand goods advanced 2%, with energy up 7.8% and gasoline prices climbing 15.6%. The narrowest core measure excludes food,

The post Why is bitcoin down today: Hotter-than-expected inflation data knocks BTC below $80,000 appeared on BitcoinEthereumNews.com. U.S. producer prices for April came in far hotter than expected on Wednesday, complicating the Federal Reserve’s path forward to ease monetary policy later this year. The April Producer Price Index rose 1.4% month-over-month, nearly triple economists’ expectations for a 0.5% increase. Annual producer inflation accelerated to 6%, while core PPI excluding food and energy climbed 1% on the month and 5.2% year-over-year, both well above forecasts. The report reinforced that inflation is reaccelerating after Tuesday’s consumer price index (CPI) rose 3.8% year-over-year, the hottest inflation reading in almost three years. Bitcoin (BTC), which traded above $81,000 overnight, quickly dropped below the key $80,000 level in the minutes following the release before recovering slightly. The largest cryptocurrency was recently changing hands just above $80,000, down

The post XRP Tops Upbit as South Korea Demand Surges Again appeared on BitcoinEthereumNews.com. XRP Becomes Upbit’s Most Traded Asset as Korean Demand Surges Again  Market analyst Xaif Crypto reports that XRP has surged to the top of Upbit’s 24-hour trading volume, South Korea’s largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT.  Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale.  While Bitcoin still dominates globally, South Korea’s crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP.  Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market.  Beyond market sentiment, XRP’s fast settlement times and strong liquidity have