The United States has secured majority control of more than 65 billion barrels of Venezuela’s oil reserves, which could reshape global energy markets, but does it actually matter for bitcoin and crypto? President Trump announced on Friday that the US had secured majority control through an agreement involving Washington, Venezuela, and private businesses. He called
In general, Brian Armstrong, CEO of Coinbase, and Changpeng Zhao (CZ), former CEO of Binance, are usually vague in their predictions. Both are long-term bullish, and their statements about the market often seem to simply follow the price action. However, on some occasions, both can be more specific, but mostly when it comes to long-term
Sentiment around Bitcoin [$BTC] remained largely positive as the cryptocurrency repeatedly tested $80,000. However, Bitcoin still faced key levels before confirming a decisive bullish move. Investor reactions to recent gains could now determine whether the rally extends or loses momentum. Will profitable holders support Bitcoin? Bitcoin’s Supply in Profit reached 14 million $BTC at press
Bitcoin price is consolidating after its latest breakout, but the underlying market structure is showing a more important signal: larger holders are accumulating while smaller wallets are distributing into strength. $BTC recently climbed from $62,229 on August 1 to $81,500, before retreating toward $77,570. Now, the $73,880 MVRV pricing band has emerged as the key
Joseph Thompson, senior vice president and head of treasury at the London Metal Exchange (LME), is leaving the exchange to join Ripple’s Trading and Markets team. Thompson will officially depart the LME on August 31, 2026, before taking up his new role at Ripple, where he is expected to focus on expanding the company’s strategy
The Bank for International Settlements is renewing its criticism of stablecoins, questioning their credibility as everyday money as governments worldwide build regulatory frameworks around the tokens. BIS General Manager Pablo Hernández de Cos, a candidate to succeed European Central Bank President Christine Lagarde next year, argued that stablecoins do not credibly function as a means
Hong Kong’s securities watchdog has declared broker SBCFX and many of its affiliated entities unlicensed, shortly after a collapse in trading that forced thousands of gold investors to lose their $USDT holdings. According to the reports, the SFC added SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited, and Topical Wealth International Ltd to
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows. Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions of inflows, according to SoSoValue data. The reversal followed more than $3 billion of net