Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept oil prices elevated, pushed Treasury yields to their highest levels in months, and lifted the dollar. According to CryptoSlate’s data, $BTC dumped nearly 5% to around $66,484, its lowest price since the beginning
As the US-Iran conflict enters its fifth week, negotiations continue but have yet to yield results. At this point, yesterday US President Donald Trump announced that he was giving Iran 10 more days. While calling on Iran to reach an agreement, Trump said that the ongoing negotiations with Iran were “going very well,” and gave
Another notable “whale” activity has emerged in the cryptocurrency market. According to onchain analysis, a former investor who bought Bitcoin at a low price approximately 13 years ago is continuing to divest some of their assets. It has been reported that this investor has transferred a portion of their Bitcoin holdings back to the Binance
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1912.59, down 2.4% (-47.98) since 4 p.m. ET on Thursday. One of 20 assets is trading higher. Leaders: BCH (+0.8%) and CRO (-0.7%). Laggards: APT (-4.6%) and AAVE (-3.2%).
The ongoing conflict between the US and Iran continues to drive up oil prices and market tensions, while the increased risk of inflation is negatively impacting Bitcoin and altcoins. At this point, cryptocurrency markets started the last day of the week with a decline, with Bitcoin falling below $68,000 and Ethereum approaching the $2,000 mark.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), said it added another $600 million to its investment in prediction market platform Polymarket, closing out a previously announced funding agreement between the two firms. The new capital comes on top of a $1 billion investment ICE made in October. ICE also
The Royal Government of Bhutan, which became one of the first sovereign Bitcoin miners by using surplus hydroelectric power, has moved 643 $BTC worth over $45 million to external wallets over the past two days, according to Arkham Intel data. Bhutan once held more than 13,000 $BTC and now appears to be systematically converting its
Nebulai has formed an alliance with zCloak Network; thus, a new strategy will help to tackle the challenge of trust in automated systems. The convergence of Artificial Intelligence (AI) and Blockchain is quickly developing from being an idea into being a genuine foundation layer where AI will gain more power to do transactions and create
As the US-Iran war enters its fifth week, it continues to heighten tensions in the markets. Rising oil prices are increasing the risk of inflation, negatively impacting Bitcoin ($BTC) and altcoins. At this point, Bitcoin and altcoins started the last day of the week with declines. $BTC fell below $68,000, while Ethereum (ETH) approached the
Glassnode’s Accumulation Trend Score by cohort is signaling broad-based selling led by retail participants as bitcoin falls below $67,000. The 30-day Accumulation Trend Score, broken down by wallet cohorts, measures the relative behavior of entities accumulating or distributing coins on-chain. It combines both the size of each cohort’s holdings and their net balance change over