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Financial News

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

4 months ago by Crypto InsightsCrypto

The US and Iran said they reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday. The price of bitcoin BTC$65,675.25 has risen to $65,700, up 2% over the past 24 hours,… Read More

Bitcoin could crash to $48,000, if this historical pattern is triggered

Bitcoin could crash to $48,000, if this historical pattern is triggered

4 months ago by Crypto InsightsCrypto

Bitcoin BTC$64,355.86 has a unique pattern, and it has held across every major bullish cycle since the cryptocurrency began trading near zero 16 years ago. This pattern suggests that prices could crash to at least $48,000. The pattern works like this. Draw Fibonacci retracements from… Read More

Crypto exchanges are morphing into stock brokerages to stop capital from fleeing to Wall Street

Crypto exchanges are morphing into stock brokerages to stop capital from fleeing to Wall Street

4 months ago by Crypto InsightsCrypto

A significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking down the traditional barriers that once kept crypto and Wall Street completely apart. Crypto exchange OKX rolled out 13 new “X-Perp” markets for… Read More

Here’s what SpaceX’s IPO means for its 18,000 bitcoin (BTC) holdings

Here’s what SpaceX’s IPO means for its 18,000 bitcoin (BTC) holdings

4 months ago by Crypto InsightsCrypto

For Elon Musk’s company, it’s a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can. For years, onchain analysts estimated SpaceX… Read More

Bitcoin surpasses $64,00 as Friday’s ETF inflows reach highest level since May 14

Bitcoin surpasses $64,00 as Friday’s ETF inflows reach highest level since May 14

4 months ago by Crypto InsightsCrypto

Bitcoin climbed above $64,000 on Saturday, reaching an intraday high of more than $64,200. The largest cryptocurrency by market capitalization is up more than 1% over the past 24 hours and is now up over 8% from its June low of just above $59,000. Sentiment… Read More

What happens to Satoshi’s BTC when Bitcoin’s quantum problem is fixed?

What happens to Satoshi’s BTC when Bitcoin’s quantum problem is fixed?

4 months ago by Crypto InsightsCrypto

Many are assumed to belong to Bitcoin’s pseudonymous creator Satoshi Nakamoto and other owners who lost their keys, which means they can never be moved to safety. Another 5 million or so are exposed through address reuse, according to Project11, a research group tracking the… Read More

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