Bitcoinist·
After a recovery to nearly $78,000, Bitcoin witnessed another sudden pullback as the market turned highly bearish, bringing it closer to the $75,000 price mark once again. Meanwhile, due to recent developments in the US Stock market, the leading crypto asset could be set to experience more downside pressure in the upcoming sessions. Mounting Short […]
Read full articleThe airstrikes highlight crypto's role in conflict zones, signaling potential shifts in global financial systems and regulatory landscapes. The post US conducts airstrikes on Iranian military site near Hormuz as Bitcoin slides to $79K appeared first on Crypto Briefing.
Bitcoin’s underperformance of stocks deepens as BTC miners pivot to AI and pro-crypto regulation in the United States stalled.
Heightened tensions in the Strait of Hormuz could lead to prolonged disruptions, impacting global oil supply and regional stability. The post Exchange of fire reported between US and Iranian forces in Strait of Hormuz appeared first on Crypto Briefing.
Trump vowed to cement a durable U.S. crypto framework, saying his administration will protect digital asset markets from future political reversals. He also pledged that his administration would “never let crypto down,” tying bitcoin, exchanges, and digital asset innovation to America’s financial future. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified […]
Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion, was executed at $43.16 per share at 2:30 pm UTC. Alex Thorn, head of firmwide research at Galaxy Digital, said it was the biggest dark pool trade in the fund he had ever seen. Bloomberg ETF analyst Eric Balchunas added more weight to that claim, pointing out that the sell order was more than 22 times larger than the second-biggest IBIT sell order recorded on the same day. The identity of the trader has not been dis
The Bitcoin price drop highlights the inherent volatility and market sensitivity to external factors, impacting investor confidence and market stability. The post Bitcoin crashes below $75,000, $150M in long positions liquidated appeared first on Crypto Briefing.
Escalating US-Iran tensions could destabilize global markets, impacting energy and crypto sectors, while increasing regulatory scrutiny on digital assets. The post US military strikes Iran after drone attacks on ships, Bitcoin dips below $80K as crypto markets rattle appeared first on Crypto Briefing.
Trump's endorsement of crypto perpetuals could reshape US digital asset markets, potentially increasing domestic trading volume and regulatory focus. The post Donald Trump mentions crypto perpetuals for the first time, signaling US push into leveraged trading appeared first on Crypto Briefing.
