Bitcoin is stabilizing around $80,500 despite renewed missile and drone attacks by Iran on the UAE, which disrupted a fragile ceasefire and caused energy prices to spike. While traditional markets in Dubai and Europe pulled back, Bitcoin showed resilience, maintaining most of its weekly gains and acting as a 'flight-to-safety' asset. Technical analysis suggests this price consolidation is healthy, with strong support around $80,000 and resistance near $81,200. Market experts see Bitcoin's stability amid geopolitical risks as a sign of growing institutional confidence.
Veteran trader Peter Brandt predicts Bitcoin will bottom between $40,000 and $50,000 by early October 2026 before starting a multiyear rally that could push it above $250,000 by late summer 2029. Brandt bases this on a historical cycle pattern he cal...
The White House has agreed on the ethics package for the CLARITY Act, a key step toward passing the US crypto regulation bill that clarifies oversight between the CFTC and SEC. This deal removes a major Senate hurdle by addressing conflict-of-interes...
Anthropic's AI model Claude Fable 5 has disproved the Jacobian conjecture, a major unsolved math problem since 1939, by providing a verifiable counterexample. This breakthrough highlights the growing influence of AI advancements on financial markets,...
Cryptocurrency markets display varied price movements with Bitcoin rising 1.72% to $66,535 and Ethereum increasing 1.44% to $1,926. Other notable gains include ADA up 4.80% and AAVE up 6.92%, while some coins like NEAR and DEXE show declines. These f...
Bitcoin has shown strength by closing three consecutive weeks with gains, maintaining support above $61,360. This consolidation suggests a critical juncture as it approaches a key resistance level at $68,000. The positive momentum comes amid a coolin...
