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The post Dow Jones rebounds on a phone call and borrowed semiconductor strength appeared on BitcoinEthereumNews.com. The Dow Jones Industrial Average (DJIA) trades near 52,484 on Thursday, higher by roughly 0.28% and recovering only a modest slice of Wednesday’s rout of more than one percent, after President Donald Trump said Iran had called to make a deal. The bounce is real; the conviction underneath it is rented. The index sits some 470 points below Wednesday’s early peak and roughly 850 beneath the record printed at the start of the week, and buyers have needed two sessions of dip defence just to stabilize the tape, with the afternoon push only now grinding back toward the top of the two-day range. A ceasefire that only exists between airstrikes The United States launched a second consecutive day of strikes on Iran, according to Central Command, after Tehran attacked commercial shipping in and around the Strait of Hormuz and slowed traffic through the waterway to a crawl. President
Read full articleThe explosions in southern Iran amid Khamenei's burial highlight escalating tensions, potentially destabilizing regional geopolitics and trade. The post Explosions rock southern Iran as Khamenei burial proceeds in Mashhad appeared first on Crypto Briefing.
Escalating tensions in the Gulf could destabilize global markets, impacting energy prices, inflation, and investor risk appetite. The post Iran attacked: reports point to Bahrain and Kuwait as suspects as Bitcoin sells off appeared first on Crypto Briefing.
The post Tensions Soar: Bitcoin Faces a New Financial Landscape appeared on BitcoinEthereumNews.com. Geopolitical tensions between the US and Iran have made a significant impact on the cryptocurrency market, as seen on July 8 with Bitcoin experiencing a decline of more than 2% in a matter of hours. Triggered by President Donald Trump’s announcement of the ceasefire’s end, investors swiftly retreated from riskier assets, underscoring the interconnected nature […] Continue Reading:Tensions Soar: Bitcoin Faces a New Financial Landscape Source: https://en.bitcoinhaber.net/tensions-soar-bitcoin-faces-a-new-financial-landscape
Bitcoin reserve talk has a way of moving faster than the policy process behind it. That is especially true when Donald Trump, public wallet dashboards, and campaign-era crypto speculation all land in the same conversatio
The post WTI Price Forecast: Rejection at the 200-day SMA keeps bears in control appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) crude Oil edges lower on Thursday, erasing all of the previous day’s gains as traders reassess the supply risks stemming from renewed US-Iran tensions. At the time of writing, WTI is trading around $71.75, down 3.77% on the day. Crude Oil prices surged earlier this week after the United States and Iran exchanged military strikes, raising fears that shipping through the Strait of Hormuz could once again face disruptions. However, markets see the latest flare-up as unlikely to escalate into a full-blown war and expect shipping through the Strait of Hormuz to continue to recover. From a technical perspective, Thursday’s decline follows a rejection at the 200-day Simple Moving Average (SMA) near $73.35, which acts as immediate resistance. WTI also remains well below the 100-day SMA around $86.91, suggesting sellers retain the upper hand despite
Escalating US-Iran tensions could disrupt crypto mining and lead to stricter regulations, impacting global markets and investor strategies. The post US strikes hit Iranian military sites near Bushehr nuclear plant as crypto markets brace for volatility appeared first on Crypto Briefing.
SK Hynix's US share sale could reshape global semiconductor dynamics, enhancing its market position but risking exposure to cyclical downturns. The post SK Hynix plans massive US share sale to ride the AI infrastructure wave appeared first on Crypto Briefing.
The post What is going on with the global AI chip market right now? appeared on BitcoinEthereumNews.com. Chipmakers are racing to meet soaring demand driven by the AI boom, reshaping manufacturing, prices, and investment plans. Micron Technology said it will invest more than $250 billion in its US operations by 2035 to expand memory chip production. The investment, up from the $200 billion announced last year, reflects strong AI demand and President Donald Trump’s push to boost domestic chip manufacturing. A large portion of the funding is being used on a semiconductor campus in New York, which Micron claims is operating more than 25% ahead of schedule. The buildout is anticipated to generate over 90,000 jobs nationwide when combined with expansion at its sites in Virginia and Idaho. The Trump administration has made bringing chip production domestically a top priority in an effort to reduce the United States’ reliance on foreign chip manufacturers, boost the country’s economy, and mai
