It Started With Oil The chain reaction began on Monday, Sept. 28, when President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. As a result, Brent crude climbed back above $100 a barrel, up 3.2% on the day. Higher oil means stickier inflation, and markets moved fast to price that in,
Liquid Network has moved closer to restoring peg out operations after starting an independent security audit of Elements v23.3.4 and coordinating changes to the authorization keys used in the withdrawal process. The Liquid Network said in its Sept. 28 ecosystem update that an external security audit of Elements v23.3.4 is now underway as part of
Bitcoin’s network is under scrutiny as a significant transfer of 1,000 $BTC from the MEXC exchange to an unknown wallet was reported by Whale Alert. This transfer, valued at approximately $83.4 million, could indicate substantial market movements and sentiment changes. Such transactions often influence trader behavior and market dynamics, making it essential to monitor the
Bitcoin has slipped toward $83,100 as rising U.S. Treasury yields pressured risk assets and pushed $BTC toward the lower edge of its recent trading range. Bitcoin was down less than 1% during Tuesday’s Asian session after the 10-year Treasury yield climbed to its highest level since 2007. The benchmark yield reached roughly 5.27% on Monday
Bitcoin, the leading cryptocurrency, lost momentum last week after rising above $87,000 and fell back to around $83,000. The decline created panic in the market, leading to further downward movements, but two analysts offered two different assessments. Analyst Says Bitcoin’s Rise Resembles a Bearish Recovery! Accordingly, Adam, an analyst at the crypto options analysis platform
Bitcoin has remained pinned near $83,000 as strong US spot Bitcoin ETF inflows have helped absorb selling while rising Treasury yields, high oil prices and expectations for tighter Federal Reserve policy have limited buying at higher levels. CoinGecko showed Bitcoin trading at roughly $83,200 on Sept. 29, little changed over the past 24 hours and
The Smarter Web Company has secured shareholder approval for the resolutions needed to create its proposed MORE perpetual preferred shares, clearing a key condition for a possible listing on the London Stock Exchange Main Market. According to the company’s Sept. 28 general meeting results, shareholders approved all three resolutions covering changes to its articles of
Gold has suffered one of its most unusual one day declines in two decades as rising U.S. Treasury yields and renewed Federal Reserve rate hike expectations hit non yielding assets, while Bitcoin has faced the same macro pressure near $83,000. The Kobeissi Letter said gold fell 3.4% on Sept. 28, a move it described as
Bitcoin $BTC$84,117.13 is doing what appeared unthinkable at the start of this quarter and earlier this year. It’s outperforming gold at a time when rising yields are weakening the yellow metal, while its price action points to a potential rally to $100,000. The yellow metal fell by nearly 4% on Monday as longer-duration yields hit
Indian crypto traders holding $USDT are looking at a potential boost in their INR withdrawals, as the rupee is approaching ₹100 against the US dollar. As the rupee weakens, the same dollar-linked balance is worth more in INR. This gives traders a bigger cash cushion when withdrawing profits, although tax rules remain an important hurdle.