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Key points:Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end.In a surprise turn, oil and gold face losses amid a lack of interest in safe havens.BTC price action has a new CME futures gap to fill, with a target of $10…
Amid ongoing geopolitical tension, three US economic indicators could influence the portfolios of crypto traders and investors. The prospective implications are more concerning, considering the volatility seen in the Bitcoin price over the weekend.Traders looking to capitalize on the expected volat…
Top Stories of The WeekUS crypto ETF approval odds surge to 90% or higher Bloomberg analystsThe likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), accordi…
Today in crypto, Bitcoin holding company Nakamoto Holdings has secured $51.5 million in fresh capital to purchase more BTC, CoinMarketCap continues to investigate after its website was hit with a phishing scam. Meanwhile, Wyoming has selected Aptos and Sei for its state-backed stablecoin pilot progr…
The crypto market is reeling after President Donald Trump’s provocative claim that Iran’s leader is an “easy target,” sparking a sharp decline in major coins. Bitcoin dropped from $104,310 to $103,553 within an hour, while Ether and XRP fell 1.3% each. The Crypto Fear & Greed Index slid to “Neutral,…
The share price of the stablecoin issuer Circle Internet Group (ticker CRCL) continues to surge two weeks after the firm's initial public offering.CRCL closed Wednesday's trading day at $199.59, notching a 33.8% increase from its opening price of $153.22, according to The Block's data. The stock hit…
Today in crypto, Elon Musk's X platform is eyeing a 2025 launch for its financial services arm. In South Korea, the top financial regulator will probe fees at local exchanges, and US President Donald Trump has urged lawmakers to move quickly on stablecoin legislation, saying he wants the bill on his…
Cryptocurrency users are betting on the odds that US legislation to regulate payment stablecoins will move forward, following a crucial vote in the Senate and a public push from President Donald Trump to “get it to [his] desk.” As of Thursday, the online betting platform Polymarket shows an 89% chan…
Bitmain, Canaan and MicroBT — which collectively produce most of the world’s Bitcoin mining application-specific integrated circuits, or ASICs — are bringing production to the US, according to a Wednesday report by Reuters.The shift comes in response to hefty reciprocal tariffs imposed on China by U…
U.S. spot Bitcoin exchange-traded funds notched up their sixth consecutive day of net inflows, adding $412.2 million on Monday to a streak that now totals $1.78 billion, according to data compiled by The Block.BlackRock's IBIT led Monday's flows with $266.6 million, continuing its dominance over oth…
Gemini, the U.S.-based exchange looking to go public, has filed a complaint against the Commodity Futures Trading Commission, arguing the agency unfairly targeted the crypto exchange in a seven-year legal imbroglio that did nothing to protect consumers and wasted taxpayer resources.In a letter to th…
The next Federal Reserve (Fed) interest rate decision is due on Wednesday, June 18th, at 2:00 PM Eastern Time.The cryptocurrency market, akin to that of legacy stocks, is largely correlated with the US fiscal policy and any news other than the expected are likely to have an impact.The FOMC Meeting J…