Bitcoin BTC$69,890.96 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 stock index futures and stocks as Axios reported that the US and Iran are discussing a potential 45-day ceasefire. […]
Tokenization, the representation of real assets on a blockchain, could reshape both crypto markets and traditional finance, while introducing new risks that regulators are not yet equipped to handle, according to the International Monetary Fund (IMF). In a new report, the IMF described tokenization as more than a technical upgrade of the markets. By moving
The IMF warns that tokenization could bring crypto risks into global financial markets Read More »
Inflation returns to the center of attention this week, with a fresh influx of data likely to shape expectations for US interest rates and risk assets like bitcoin BTC$69,205.26. Thursday’s US core PCE reading for February and Friday’s March CPI release will test the view that the Federal Reserve can afford to wait to cut
US Inflation Data Takes Center Stage: Crypto Week Ahead Read More »
Tech giant Apple removed Bitchat, a decentralized peer-to-peer messaging app developed by Block CEO Jack Dorsey, from its China App Store at the request of Beijing’s internet regulator, Dorsey revealed in an X post on Sunday. The Cyberspace Administration of China claimed the app violated rules for online services with “public opinion or social mobilization
China orders Apple to pull Dorsey’s Bitchat, the messaging app used during Iran protests Read More »
Move over, legacy crypto. Circle’s Layer-1 blockchain Arc, built for stablecoin funding and institutional use, will debut quantum-resistant features designed to survive a future where traditional blockchains could crumble under quantum attacks. “On the mainnet, Arc will introduce a post-quantum signature scheme that provides users with a practical design path to create quantum-resistant wallets,” Arc
Circle future-proof Arc blockchain against quantum threats Read More »
XRP moved modestly higher, but the bigger story is that it is still not breaking out. The token is holding above $1.30 and attracting more volume, but the price remains stuck in a narrow range, suggesting traders are positioning for a bigger move without committing to one yet. News background XRP rose 1.08% to $1.3256,
What next as Ripple-linked token dominated by range-bound trading Read More »
Bitcoin jumped 3% to $69,120 on Monday as traders returned from the Easter weekend to a burst of optimism around a potential Iran ceasefire, pushing the biggest cryptocurrency to its highest level in over a week and squeezing $196 million into short positions over the past 24 hours. Ether led a bump among major tokens,
BTC back above $69,000 as crypto shorts get squeezed Read More »
A familiar voice is back with a familiar and controversial call on bitcoin BTC$66,860.50. Mike McGlone, senior commodity strategist for Bloomberg Intelligence, reiterates that bitcoin could go down to $10,000. But this time he’s framed it with a very clear line in the sand: $75,000. If bitcoin decisively recovers and holds that level, it breaks
Bitcoin Must Regain $75,000 Or Risk Annihilation To $10,000, Analyst Says Read More »
This week, Google published a paper that described how a quantum computer could theoretically derive a bitcoin private key in 9 minutes, with implications that extend to Ethereum, other tokens, private banking and potentially everything in the world. Quantum computing is easily mistaken for a faster version of a regular computer. But it’s not a
Why the mind-boggling physics of quantum computing is scary for bitcoin and crypto Read More »
Polymarket has removed a betting market linked to the rescue of US service members in Iran, following intense backlash and criticism from lawmakers this weekend. The market allowed users to bet on when the United States would confirm the rescue of two airmen after an F-15E fighter jet was shot down over Iran. The crew
Polymarket withdraws controversial Iran bailout markets after intense backlash Read More »
