Bitcoin held above $70K on Wednesday evening as oil markets swung sharply amid the escalating conflict between the United States, Israel, and Iran, which has triggered one of the most severe energy shocks since the 1970s. Iranian officials warned the world should prepare for oil reaching $200 per barrel if the conflict intensifies, according to
Story Highlights $BTC has been trading below $75k for weeks, even as whales and institutions increase their holdings of the coin. The sell wall is the result of macroeconomic tensions, causing a rebalancing of buys with dumps. The key event to watch for is the Fed’s interest rate decision due in a week. Bitcoin ($BTC)
The security architecture surrounding Bitcoin continues to evolve as new infrastructure emerges to support self-custody and advanced on-chain protections. A notable step in this direction is the integration between Babylon Labs and Ledger. By combining Babylon’s protocol-level vault system with Ledger’s hardware wallet security, the collaboration seeks to strengthen how users store, manage, and interact
Cosmos Health (COSM) Buys $600K in Bitcoin, Expands Digital Asset Treasury Cosmos Health Inc. announced it has purchased $600,000 worth of Bitcoin as part of its ongoing digital assets treasury strategy. Following the latest purchase, the healthcare company said its total investment in digital assets now stands at approximately $3.1 million, including holdings in Bitcoin
While the broader crypto market often thrives on volatility, Bitcoin ($BTC) has recently entered a period of relative calm that has left many long-term holders checking their screens in boredom. Over the past 30 days, the Bitcoin price has seen a negligible drop of only 0.9%. However, beneath this surface-level stability lies a high-stakes tug-of-war
Bitcoin’s resilience during the latest bout of global macro stress is starting to turn heads on trading desks. The largest crypto climbed to just shy of $71,000, up roughly 7% from Sunday evening lows, even as geopolitical tensions escalated over the Iran conflict and markets grappled with risks ranging from oil supply disruptions to stress
Vivek Ramaswamy-backed Strive has moved ahead of Elon Musk’s Tesla in Bitcoin holdings after adding 179 Bitcoin to its treasury. Source: BitcoinTreasuries.NET According to a Wednesday announcement, Strive now holds roughly 13,311 Bitcoin valued at nearly $940 million. Tesla, by comparison, has kept its holdings steady at 11,509 $BTC since late 2024. The new total
Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone said the crypto bear market may not be over and
Bitcoin’s return above the $70,000 level, as the leading asset in the cryptocurrency market, has brought about a significant shift in investor sentiment. According to data shared by market analysis platform Santiment, the price recovery has led to a resurgence of optimism based on the fear of missing out, known as “FOMO” on social media.
Bitcoin price has jumped by 16% from its lowest point this year, and is hovering at the crucial resistance at $70,000. This recovery may continue in the near term amid robust ETF inflows and falling core inflation. Summary Bitcoin price remained above the key resistance level at $70k. Data shows that the US core inflation