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The United States is not really exposed to oil shocks and this could help Bitcoin

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The week-long war between Iran, the United States and Israel has pushed oil prices on both sides of the Atlantic beyond $100 a barrel, threatening to inject inflation into the global economy. Asian markets suffer, bond yields rise, and yet Bitcoin BTC$67,533.94 has barely moved, hovering around $67,000, where it was 24 hours ago. A […]

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Bitcoin Could Face Deeper Drop as Chances of US Market Crash Rise to 35%

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Bitcoin is holding up better than it probably should. The largest cryptocurrency was trading at $67,378 on Monday morning, up 1.1% over the past 24 hours and essentially flat for the week as the world around it deteriorated sharply. Among the majors, ether rose 2.3% to $1,981, hovering just below $2,000. BNB gained 1.4% to

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Oil futures jump 20% past $110 as war fears hit Asian stocks, bitcoin settling near $67,000

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Oil futures surged above $110 a barrel on Monday as escalating tensions in the Middle East roiled global markets, sending Asian stocks tumbling, with all markets in the region opening in the red, although bitcoin held steady near $67,000. West Texas Intermediate crude jumped about 17% in 24 hours. Japan’s Nikkei 225 index fell more

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Crypto’s rock ‘n’ roll era is over

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Every revolution eventually becomes the establishment. What began as crypto’s peer-to-peer challenge to the global financial order is quickly being absorbed into the mainstream fold, trading its anti-elite soul for the legitimacy of spot ETFs, institutional custody, and the same banking frameworks it was built for. It’s a familiar arc. Throughout history, every revolution began

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Bitcoin remains a great way to diversify your portfolio, even though it trades like a tech stock, according to one analyst.

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Bitcoin BTC$67,242.60 The recent trend of moving in lockstep with U.S. stocks does not erase its value as a portfolio diversifier. This is according to financial services and infrastructure company NYDIG. In a weekly market note, Greg Cipolaro, the firm’s global head of research, said correlations between bitcoin and stock indexes such as the S&P

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“Murban Crude Oil” Surpasses $100, Posing Risk for Bitcoin and Risk Assets

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Barrels of oil that can still reliably reach global markets via the Middle East are now trading above $100 a barrel, a strong signal of acute geopolitical stress and supply fears that could spill over into global risk assets including stocks and bitcoin. BTC$67,068.57. Since the start of the military conflict between the United States,

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State of the art market structure: state of crypto

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Key senators critical to advancing crypto market structure legislation may soon be willing to move forward on the bill, people familiar with it told CoinDesk. You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrency and government. Click here to subscribe to future editions. Crypto dealmakers’ hopes are bubbling around the

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