Optimism that briefly sent Bitcoin above $80,600 overnight evaporated as news broke of Iranian missiles targeting a US Navy vessel near the Strait of Hormuz. Iran’s state-linked Fars news agency said the US Navy vessel ignored warnings from the Revolutionary Guard (IRGC) and was struck by two missiles and forced to turn back. The allegation
Arthur Hayes does not deal in vague timelines. Speaking at the Cointelegraph booth at Bitcoin Vegas, the BitMEX co-founder put a specific window on Bitcoin’s return to six figures: after the northern hemispheric summer. “I think we’re going to hit $100,000 after the northern hemispheric summer,” Hayes said, “mostly because the dollar liquidity situation is
Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at 0.11 euros ($0.13) each, according to a Monday announcement from Capital B. Each warrant gives Back the right to
UAE Innovation City, the UAE’s AI-powered free zone in Ras Al Khaimah, has launched what it calls the first blockchain enabled digital business identity system, where each registered business in the freezone will receive a sovereign cryptographically verified identity built on IOPn blockchain, the OPN Chain. Innovation City, and IOPn are moving companies towards the
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The offer
Last month, the $XRP spot ETFs recorded their largest monthly inflow so far this year, amid renewed institutional interest. Per SosoValue, the US $XRP spot exchange-traded funds saw a monthly total net inflow of $81.59 million in April. This recent figure took the cumulative total net inflow to $1.29 billion and the total net asset
Bitcoin has pulled back to $79,000 after briefly topping $80,000 during the Asian hours. As of writing, the leading cryptocurrency by market value was still up 0.4% on a 24-hour basis. The CoinDesk 20 Index was up 0.4% alongside a nearly 1% rise in ether (ETH) and marginal gains in $XRP ($XRP) and solana (SOL).
BlackRock continues to push deeper into digital assets, and its latest milestone proves that momentum keeps building. The BlackRock Bitcoin ETP has now crossed $1.1 billion in assets under management, marking a major step in its European expansion. This growth reflects rising demand from institutional investors who want regulated exposure to Bitcoin without direct ownership
Bitcoin’s latest price action shows a market at a critical decision point, as bullish momentum slows beneath a major resistance ceiling. While the broader structure still favors buyers, recent data signals a shift toward caution. Traders now watch whether Bitcoin can sustain its uptrend or enter a deeper consolidation phase after weeks of strong gains.
Bitcoin is approaching a key technical phase, with price action moving toward levels that could determine the next trend. Recent data shows the asset nearing a multi-month resistance trend line, while market attention is increasingly focused on the 200-day moving average in the $83,000–$84,000 range. This level is being monitored as a more reliable indicator