A possible deal between the United States and Iran to reopen the Strait of Hormuz would offer short-term relief to Asia, the region outside the Middle East that has borne the brunt of the economic fallout from the months-long war. However, the shock waves of the crisis are likely to spread until the end of […]
Reopening Hormuz would offer relief to Asia, but economic scars would persist Read More »
The United States and Iran said they had reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the agreement expected to be signed in Switzerland on Friday. The price of Bitcoin BTC$65,670.55 reached $65,700, up 2% in the past 24 hours, and its highest level since the early June plunge.
Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz opening Read More »
Bitcoin BTC$63,750.05 has a unique pattern, and it has held steady throughout every major bull cycle since the cryptocurrency began trading near zero 16 years ago. This trend suggests that prices could collapse to at least $48,000. The model works like this. Draw the Fibonacci retracements from near zero – BTC started trading at $0.003
Bitcoin Could Drop to $48,000 If This Historic Pattern Triggers Read More »
Steven Spielberg is a lot of things. Hollywood icon. Merchant of nostalgia. Daddy dinosaur. But is he cool? The 79-year-old filmmaker returned to the summer box office this weekend for the first time in a decade with “Disclosure Day,” an original sci-fi spectacle. It collected about $44 million from 3,824 theaters in the United States
‘Disclosure Day’ Ends Spielberg’s Summer Box Office Drought Read More »
The House Ways and Means Committee’s hearing last Tuesday on the digital asset tax bills was fairly straightforward. Committee members asked largely substantive questions, apparently aimed at better understanding both how crypto taxes might work and the shortcomings of current tax policy. There were no snipings at each other, no actual shootings at President Donald
Summer of Crypto (regs): State of Crypto Read More »
Since its debut on Base in 2023, Aerodrome has become one of the network’s best-known DEXs using a system that rewards token holders for directing liquidity incentives to trading pools. The model helped solve one of DeFi’s long-standing problems: how to prime liquidity for new assets and prevent it from disappearing when incentives dry up.
Aerodrome turns liquidity into a prediction market with its biggest upgrade yet Read More »
“It doesn’t have to be done in the form of regulation,” said SEC Commissioner Hester Peirce, who has led much of the agency’s crypto work since early last year. In response to a question from CoinDesk, she said the SEC has exemption authority that it uses regularly. “We can do it as a rule, but
A significant transformation is currently underway in the established cryptocurrency market. Major cryptocurrency exchanges are transforming into multi-asset financial platforms, breaking down the traditional barriers that once completely separated crypto and Wall Street. Cryptocurrency exchange OKX rolled out 13 new “X-Perp” markets for European traders on Tuesday, giving retail users direct access to “Magnificent 7”
Bitcoin Advances as SpaceX’s $1.3 Billion Crypto Stash Gets Attention
Bitcoin Advances as SpaceX’s $1.3 Billion Crypto Stash Gets Attention Read More »
Yet growing institutional interest has not clearly translated into ETH market performance, a disconnect that has frustrated many investors. Raman attributes this gap largely to timing. “Sales cycles for institutions are particularly long,” he explains. “The piping is in place. We just haven’t seen all the assets come online yet.” He said that in his
