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US-Iran Escalation Weighs Bitcoin (BTC) Price, Stocks As Oil Rises: Crypto Daily

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Bitcoin BTC$62,805.01 has fallen in the past 24 hours to $62,600 as traders exited riskier investments amid rising inflation concerns linked to rising oil prices. Brent crude is up nearly 4% in the period, reflecting the renewed open conflict between the US and Iran. It restarts the so-called Nacho (Not a Chance Hormuz Opens) trade, […]

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Bitcoin’s BIP-110 sparked a battle over who will decide Bitcoin’s future

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Bitcoin’s consensus rules have historically treated valid transactions equally regardless of purpose. BIP-110 raised concerns that rules aimed at discouraging one category of transactions risked opening the door to future restrictions on others. BIP-110 rejected The manner in which the proposal sought approval was equally contentious. Bitcoin upgrades typically proceed only after overwhelming support has

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Retailers are hyping XRP and Ether during a dive, but history says a crash could be next

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Retailers are piling into XRP and Ether as both tokens slide, the kind of crowd behavior that more often precedes further downside than a point of rejection. XRP drew 3.02 bullish social media comments for every bearish one on Monday, its most positive reading in five weeks, according to Santiment. Ether ran at 2.31 and

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Oil rises to over 85 dollars per barrel. barrel as Gulf Clash escalates

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Oil prices continued to rise on Tuesday, hitting their highest levels in a month, as an escalating pattern of strikes and counterstrikes between the United States and Iran rattled markets. Brent oil, the international benchmark, broke $85 a barrel for the first time in a month. Analysts at Eurasia Group said shipping traffic in the

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American workers are more productive than ever. And that’s without AI

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Economists and CEOs disagree about whether artificial intelligence will make American workers more productive yet. Zoom out, however, and a quieter trend hides in the data. For years, “labor productivity” — an economic measure of how much each worker produces — has been rising at its fastest pace in at least two decades. Artificial intelligence

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US government moves $288 million in seized bitcoin, ether to Coinbase Prime

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The US government just staged its seized crypto for an exchange, and it took an extra hop to get there. Wallets linked to the government moved about $288 million in seized bitcoin and ether to Coinbase Prime over about half a day Monday, blockchain data from Arkham shows. Ether went direct, while bitcoin took a

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