Geopolitical tensions resurfaced following the breakdown of Iran-U.S. talks in Pakistan, driving risk aversion in traditional markets and lifting oil prices. Major cryptocurrencies, however, remain resilient, though questionable market activity in obscure tokens like RAVE and other negative developments create poor optics at an inopportune… Read More
Bitcoin BTC$69,787.83 climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts. Crypto prices rose, along with equity index futures and equities, as Axios reported that… Read More
Bitcoin BTC$68,854.70 pared earlier losses Thursday afternoon after U.S. President Donald Trump said he would extend a pause on attacks against Iran’s energy infrastructure. In a Truth Social post, Trump said the pause will now be 10 days, citing ongoing diplomatic talks. “As per Iranian… Read More
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$70,355.26 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000. Most assets saw sharp downturns over the period as the conflict in… Read More
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,057.54, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC),… Read More
About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a… Read More
