Bitcoin price fell below $66,000 amid renewed US-Iran tensions that raised oil prices and increased expectations for another Federal Reserve rate hike. President Trump's threats against Iranian infrastructure escalated risks around the Strait of Hormuz, a key oil transit route, pushing Brent crude above $95 per barrel. This energy price surge revived inflation concerns, influencing traders to bet more on Fed tightening despite recent softer inflation data. Bitcoin faces resistance near $67,300 and support between $64,500 and $65,500, with market momentum showing caution ahead of the Fed's July 28-29 meeting.
HTX exchange, formerly Huobi Global, is rotating its hot wallets every few hours and moved $1.3 billion to an undisclosed third party following UK sanctions. This tactic complicates traditional sanction screening methods, which rely on static address...
A new report from River reveals that 49.6 million American adults (18.6%) now own Bitcoin, surpassing the 28.8 million (10.8%) who hold physical gold. This marks a significant shift in wealth management, driven by easier access through ETFs and mobil...
Bitcoin futures open interest reached $49.82 billion, with Binance leading at $9.24 billion. Institutional traders, especially on CME, are increasing exposure, while retail platforms see position declines. Options data from Deribit shows a strong pre...
US spot Bitcoin ETFs have drawn about $930 million in net inflows over six consecutive trading sessions, marking the longest positive streak since April. This steady inflow suggests a cautious return of institutional investors to Bitcoin, helping the...
Ondo (ONDO) price jumped 27% from $0.32 to near $0.42, driven by institutional tokenization deals and increased network activity. Collaborations with major financial players like Depository Trust & Clearing Corporation, Mastercard, and SBI Group have...
