Bitcoin surged past $80,000 for the first time since January but fell back to around $79,000 after reports of an Iranian missile strike on a U.S. patrol boat near Jask Island. The U.S. denied any ship was hit, causing oil prices and equity futures to moderate their initial sharp moves. Despite the geopolitical tension around the Strait of Hormuz, other major cryptocurrencies like Ether, Solana, and Dogecoin remained mostly stable or slightly positive. The situation remains fluid as traders watch for further developments amid ongoing U.S.-Iran tensions and recent regulatory optimism from the Senate's Clarity Act compromise on stablecoin yields.
Bitcoin fell nearly 4% after the tech company Strategy sold 3,588 BTC to fund dividend payments and boost cash reserves, causing immediate market volatility. Analysts are divided on Bitcoin's future: some see a repeat of the 2022 summer downturn, whi...
Bitcoin surged nearly 7% in the week ending July 5, marking its strongest weekly gain since March 2026. This rebound is largely driven by declining US inflation expectations, with the inflation breakeven rate falling below the Federal Reserve's 2% ta...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Strategy, Michael Saylor's Bitcoin firm known for its 'hold forever' approach, sold $225 million worth of Bitcoin, sparking criticism from Bitcoin skeptic Peter Schiff. Schiff estimates the sale caused a realized loss of $54 million, as the firm sold...
