Bitcoin’s push past $73,000 quickly lost steam as the market shifted focus back to a shaky truce between the U.S. and Iran. While a brief rally took place after rumors surfaced that Iran might accept Bitcoin as payment for cargo ships moving through the Strait of Hormuz, the excitement faded. Investors are now worried that
The leading cryptocurrency, Bitcoin (BTC), surged above $70,000 following the ceasefire agreement between the US and Iran. With this rise fueling talk of Bitcoin reaching $80,000 and above, a CryptoQuant analysis revealed that the bear market in Bitcoin is far from over and outlined a timeline for Bitcoin’s next “bottom.” According to new CryptoQuant analysis,
Though Bitcoin’s ($BTC) latest rally broke the recent ceiling close to $71,000, it did little to diminish the losses incurred since the start of 2026. The move, however, appears to have led Claude’s artificial intelligence (AI) to estimate that the world’s premier cryptocurrency will continue creeping higher by April 30. Specifically, after starting the year
Digital assets have moved well beyond the hype cycle. What began as an experiment in decentralized value transfer has evolved into a serious conversation about how capital markets, custody, settlement and asset ownership could be re-imagined for the digital age. Tokenization, programmable money and distributed ledgers may deliver faster settlement, greater transparency and new efficiencies
With the US-Iran conflict leading to increased oil prices, the risk of inflation in the US has resurfaced, and the possibility of interest rate hikes remains on the table. In its March FOMC minutes, the Fed indicated that both interest rate cuts and increases were priced in, while San Francisco Fed President Mary Daly made
The Bhutanese government continues to exhibit noteworthy activity in its Bitcoin holdings. According to information shared by the onchain data platform Arkham Intelligence, the country recently transferred approximately 250 Bitcoin to a newly created wallet. This transfer is estimated to have a market value of around $18 million. This transaction is seen as a continuation
Strategy, led by big bull Michael Saylor, is resuming its long-running weekly Bitcoin purchases after a one-week break. The company continued its weekly Bitcoin ($BTC) purchases, announced every Monday. This week, the company stated that it purchased 4,871 $BTC for approximately $329.9 million at an average price of around $67,718. With this purchase, the company’s
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 2007.93, down 0.2% (-3.4) since yesterday’s close. Six of 20 assets is trading higher. Leaders: AVAX (+0.6%) and BTC (+0.3%). Laggards: HBAR (-1.9%) and ADA (-1.3%). The CoinDesk 20
As expected, U.S. inflation accelerated last month, driven mostly by rising energy costs linked to the Middle East conflict. Core prices, though, surprised to the downside. The Consumer Price Index (CPI) rose 0.9% in March, according to a Friday report from the Bureau of Labor Statistics. Economists had forecast a 0.9% rise, and February’s increase