Bitcoin price holds $64K as ETF outflows and Iran peace hopes pull traders
Bitcoin price hovered near $64,000 as ETF outflows and bearish chart calls offset Asian stock gains and softer oil after U.S.-Iran progress.
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The Iran conflict threatens Gulf remittances, pushing migrant workers to stablecoins, potentially reshaping global financial systems. The post Iran war puts $124B Gulf remittance lifeline at risk, pushing migrant workers toward stablecoins appeared first on Crypto Briefing.
Read full articleBitcoin price hovered near $64,000 as ETF outflows and bearish chart calls offset Asian stock gains and softer oil after U.S.-Iran progress.
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Sandeep Nailwal, co-founder of the Polygon Foundation, stressed that the network managed over $300 million in stablecoins from emerging markets in May. He also highlighted that the growth of non-dollar stablecoins has reached 16x over the last 6 years, and that this was “just getting started.” Polygon Registers Around $309 Million In Latam Stablecoin Volumes […]
The creation of a de-confliction cell could ease regional tensions, potentially impacting global oil markets and reshaping crypto liquidity. The post Iran hails major progress in US-Iran talks as de-confliction cell created to end Lebanon war appeared first on Crypto Briefing.
The closure of the Strait of Hormuz exacerbates global oil supply issues, impacts crypto markets, and heightens geopolitical tensions. The post Iran shuts Strait of Hormuz again, sharply reducing shipping traffic appeared first on Crypto Briefing.