Bitcoin rallied hard after Iran said it was reopening the Strait of Hormuz to commercial shipping. Bitcoin hit the highest level since February, oil prices dropped, Wall Street notched another record, and the U.S. 10-year Treasury yield slipped to 4.24%. But here’s the catch: markets acted as if the reopening had solved the core standoff
Bitcoin surged on April 17 after the US President Donald Trump said the Strait of Hormuz was open again and shipping passage was being restored. In a Truth Social post, Trump wrote that Iran had announced the strait was “fully open and ready for full passage.” He added that sea mines had been removed, or
Bitcoin investors are suddenly confronting an uncomfortable math problem inside the $91.7 billion U.S. spot bitcoin ETF market. “Coinbase Custody holds 84% of all US spot Bitcoin ETF assets,” Marc Baumann, founder of research firm fiftyonexyz, posted on X on April 14. “That’s $77 billion with a single custodian. For an industry built on decentralization,
Netflix and Bitcoin moved in opposite directions on Friday, with weak corporate guidance dragging one lower while crowded short positioning and calmer geopolitics pushed the other sharply higher. Netflix shares dropped nearly 10% in Friday trading after the streaming company issued softer-than-expected second-quarter guidance and said co-founder Reed Hastings plans to leave the board in
Bitcoin is approaching a critical area where chart resistance near $79,000 to $80,000 meets a major short liquidation cluster around $76,500. That setup suggests $BTC could make one more push higher to clear nearby liquidity before facing renewed downside pressure. Bitcoin Eyes $79,000 as Trader Flags Repeat Top Pattern Bitcoin may be moving toward another
Bitcoin’s fresh rally is raising a strange contradiction in the market. It is printing green indexes while sentiment refuses to follow. $BTC managed to breach the $77,000 for the first time in 11 weeks, but bears’ bets dominated the liquidations. The global crypto market cap surged by almost 3% over the last 24 hours. It
Actors and figures: Joshua Lim (FalconX) estimates that 1.7 million $BTC, valued at $127 billion, are exposed to quantum attacks. Dates and signals: The April 16 analysis highlights that derivatives and long-term options will show red flags before on-chain activity. Market scenarios: An institutional hard fork could trigger massive liquidations and unprecedented price volatility. The
Bitcoin price prediction turned aggressively bullish early Friday as CoinDesk reported that perpetual funding rates dropped to their most negative level since 2023 on a seven-day moving average, with ZeroStack CEO Daniel Reis-Faria targeting $125,000 within 30 to 60 days if the market’s heavily short positioning is forced to unwind. Bitcoin ($BTC) price prediction turned
Crypto ETFs extended their recovery with another day of inflows across all major assets. Bitcoin and ether maintained their streaks, while $XRP and Solana posted strong gains. Key Takeaways Bitcoin ETFs added $26.05 million, led by Blackrock’s IBIT, extending a 3-day inflow streak. Ether ETFs gained $18.02 million over 6 days, signaling steady recovery despite
Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away. An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that