Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so investors are waiting for the official June 19 signing and the upcoming Federal Reserve decision before committing. Institutional demand remains muted, with spot bitcoin ETFs just pausing outflows after heavy withdrawals. The market is watching key events this week to determine if the recent bounce in bitcoin will hold or fade like before.
The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995, signaling potential further hikes if inflation accelerates. Despite the rate increase, bitcoin rose from around $65,600 to $66,000, driven by the B...
Bitcoin, Ethereum, XRP, and Dogecoin surged following optimism around a peace deal with Iran, with Bitcoin reaching $67,248 amid increased trading volume. The global crypto market cap rose to $2.27 trillion, while stocks also hit record highs. Analys...
Ethereum (ETH) futures have seen a significant increase in long positions within USD-margined contracts, often used by institutional traders, with the long share rising to 60.42%. This suggests growing leverage demand from large players even as the n...
Standard Chartered initiated coverage of Uniswap (UNI) with a bold forecast that the token could rise from $2.50 to $100 by 2030, a 40-fold increase. This projection is based on the expected growth of decentralized finance (DeFi) and tokenized assets...
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on his support for bitcoin, gold, and other hard assets amid economic uncertainty. He projects gold could reach $35,000 an ounce by 2035, citing recent price rallies as early signs of a l...
