Bitcoin price briefly touched $70,000 on April 7 within a well-formed ascending channel on the 4H chart, as spot ETF inflows logged $471 million on April 6, the strongest single-day institutional demand figure since late February. Summary Bitcoin price reached an intraday high of $70,036 on April 7 before easing to $69,427, pressing the upper…
Bitcoin surged past $71,000 following news of a temporary pause in U.S. attacks on Iran. Bitcoin reaching $100,000 by year-end sits at 34% YES, up from 30% a week ago. The geopolitical de-escalation has injected fresh optimism into the Bitcoin market. A reduction in risk often boosts risk assets, Bitcoin included. The $100,000 target market…
During the program period, participating teams will receive support, including business consulting, blockchain technology mentoring, and networking. Seoul FinTech Lab, a Seoul Metropolitan Government-funded incubator for fintech companies, has announced a collaboration with the Korean arm of the XRP Ledger (XRPL) ecosystem to support promising builders on the XRPL. The goal is to develop…
The crypto market update bitcoin war hedge Strait of Hormuz news today centers on a striking development: Iran’s IRGC has established a formal toll system at the world’s most critical oil chokepoint, demanding payments in stablecoins or Chinese yuan for naval escort through the strait — yet despite crypto’s growing role in wartime finance, Bitcoin…
Iran is considering a two-week ceasefire proposed by Pakistan. The odds of a ceasefire by April 15 have risen to 21.5% YES, up from 12% yesterday. Traders see Iran’s review of the proposal as a potential diplomatic breakthrough. The April 15 market reflects this optimism with an 8-day countdown. The April 30 market also climbed…
The Cardano network processed over 4 billion ADA in transactions across five days, translating to more than $1 billion in on-chain volume. The number of wallets holding more than 10 million of Cardano’s native ADA token has climbed to a four-month high of 424. This is according to data posted Tuesday by Santiment, which…
Trump’s ‘whole civilization will die’ threat to Iran sends oil, Bitcoin and stocks on knife edge. Summary Trump warns that a “whole civilization will die tonight” if Iran misses his Strait of Hormuz deadline, jolting oil, equities and crypto. Brent crude hovers above $110 as traders price a binary outcome: deal, delay or strikes. Bitcoin…
The Houthis have threatened to close the Bab el-Mandeb Strait to deter Gulf states from joining US-Israeli military actions against Iran. This has pushed the US-Iran ceasefire odds by April 7 to 5.7% YES, up from 2% yesterday. Markets responded quickly, with April 15 odds climbing to 21.5% YES and April 30 odds now at…
In SEC crypto news, for the first time in years, a crypto project in the United States might be able to raise money from the public without immediately triggering securities law, and the rule that would make that possible is now sitting on a White House desk. SEC Chair Paul Atkins confirmed this week that…
The concern isn’t a sharp BTC drop, but the slower erosion of conviction that comes from watching an asset go nowhere week after week. Bitcoin (BTC) briefly touched $70,000 on April 6, according to data from CoinGecko, then almost immediately fell back, leaving traders right where they have been for the last two months….
