Story Highlights Iran may be ready to walk away from its nuclear program, according to reports. A ceasefire could unlock the Fed rate cut traders have been waiting for. One analyst says the $100K countdown has already begun. According to widely circulating reports, Sky News Arabia has reported that Iran’s Deputy Foreign Minister said the
Bitcoin ($BTC) experienced a sudden and rapid surge after a prolonged period of decline and consolidation. The price rose from around $67,000 to $73,000 in just one day. While this rise has fueled bull trap rhetoric, some analysts predict the rally could continue. At this point, analyst James Van Straten predicts that if Bitcoin remains
Bitcoin price today trades near $72,720, up 0.05% after reclaiming the $72,000 level following a bounce from the $60,000 to $65,000 support zone (orange shaded area). The move places buyers in control as derivatives positioning surges despite spot exchange distribution. Open Interest Surges 5.77% While Spot Outflows Hit $161.94M Bitcoin Derivative Analysis (Source: Coinglass) Open
The rise in popularity of the cryptocurrency prediction market Polymarket and the remarkable – and often strange – success of various users in accurately forecasting events has led to a rise in theories that numerous insiders are utilizing the platform to earn quick profits. The most recent account to draw such attention, designated BulkeyBull, managed
Bitcoin has managed to stage a notable relief rally in recent days, with its price approaching the $73,000 mark. However, market psychology is refusing to follow the price action. The Bitcoin Fear and Greed Index, which shows whether traders remain fearful or greedy, broader sentiment remains paralyzed at a score of 22. For now, the
Nvidia CEO Jensen Huang says Nvidia’s $30 billion check to OpenAI could be the last one. He said OpenAI may go public near the end of the year. Speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, Jensen said Nvidia is not planning another big round. He also rejected the number floated in
As the Bitcoin network prepares to mine its 20 millionth coin this March, legendary cryptographer Nick Szabo is sounding the alarm this month. In his view, popular upgrades such as SegWit and Taproot have transformed a financial protocol that once carried a form of legal immunity, turning node operators into unwilling custodians of illegal content.
US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across the vast majority of issuers, as $BTC briefly surged past $73,000. Spot Bitcoin ($BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing weekly inflows to $1.1 billion, according to Farside data. The new gains