Bitcoin fell 1.68% as hopes for a Strait of Hormuz resolution faded after Trump demanded 50 years of compensation from Iran, pushing oil prices above $89. XRP faces pressure, nearing a drop below $1 for the first time in 2024. Crypto and equity markets remain subdued ahead of Wednesday's crucial U.S. CPI inflation report, which is expected to influence Federal Reserve interest rate expectations. Trading volumes in crypto futures surged, but open interest stayed flat, signaling cautious positioning among investors.
Software stocks, represented by the iShares Expanded Tech-Software Sector ETF (IGV), have surged 40% from their April lows and reached a one-year high relative to Bitcoin, breaking a long-standing correlation. While IGV nears its record highs, Bitcoi...
Bitcoin's price fell below the $64,000 mark, currently trading around $63,981 amid increased selling pressure. Technical indicators like the bearish crossover and MACD suggest accelerating downward momentum, while resistance at $67K remains unbroken,...
Trump Media reported a $238.1 million net loss in Q2 due to unrealized losses on digital assets and securities totaling $190.4 million. Despite the loss, revenue grew 89% to $1.67 million, driven by advertising, subscriptions, and management fees. Af...
Trump Media reported a $238 million net loss in Q2 2026, driven largely by $190.4 million in unrealized losses on its cryptocurrency and securities holdings. The company’s Bitcoin holdings decreased slightly to 9,477 BTC valued at $557 million by Jun...
Bitcoin fell 1.6% to around $63,855 as traders reduced risk ahead of U.S. inflation data and rising oil prices raised concerns about the Federal Reserve's interest rate path. Ether and XRP also declined, while some altcoins like Hyperliquid and Chain...
