The US and Iran have reached an interim peace agreement to end hostilities and reopen the Strait of Hormuz, with the deal set to be signed in Switzerland. This development caused Bitcoin prices to rise about 2% to $65,700, its highest since early June. Meanwhile, crude oil prices dropped nearly 5% to under $81 per barrel, reflecting eased geopolitical tensions. US stock futures also rose, with Nasdaq 100 futures up 1.5% and S&P 500 futures up 0.9%, signaling positive market sentiment ahead.
Binance Coin (BNB) recently surged past the key $745 resistance level, marking a significant shift to a bullish long-term trend. Technical indicators like CMF, OBV, and RSI support this positive outlook, with the $700 zone now acting as support. The ...
Bitcoin, Ethereum, and XRP are under pressure due to rising expectations of a Federal Reserve interest rate hike at the September 15-16 meeting, with an 86.5% chance of a 25 basis point increase. This would be the Fed's first rate hike in three years...
Grayscale reports that Zcash mining rewards are about twice as high as Bitcoin's per mining rig and four times higher per unit of electricity, making Zcash mining highly profitable. This profitability has led to a 2.5-fold increase in Zcash mining ac...
The likelihood of a Federal Reserve interest rate hike on September 16 has surged to 86.5%, putting pressure on major cryptocurrencies like Bitcoin, Ethereum, and XRP. This potential rate increase is driven by rising U.S. inflation data, which has un...
Traders on Polymarket currently assign a 64% probability that Bitcoin will reach $80,000 by the end of September, while a dip to $75,000 is considered more likely at 68.5%. The market's pricing reflects real trader positioning, with lower chances for...
