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View More NewsBitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities.Key takeaways:Bitcoin’s positive flip in S&P 500 correlation has historically preceded average declines of around 50% since 2018.BTC is exposed to a broader risk-asset sell-off due to rising macro pressure.As of Sunday, BTC/USD had fallen 5.65% week-to-date to about $68,700, while the S&P 500 (SPX) closed the week down 1.90%.BTC/USD weekly chart. Source: TradingViewThat renewed correlation is now signaling a greater risk of further downside in the Bitcoin market.BTC drops 50% on average when it starts…
A seat at Donald Trump’s upcoming crypto luncheon could cost as little as $70,000. It could also cost more than $6 million, depending on how participants choose to climb the leaderboard that determines entry, even as the token trades nearly 96% below its peak.The event, announced last week, is set for April 25 at Mar-a-Lago, Trump’s private club in Palm Beach, Florida. Attendance is capped at 297 and is tied to holdings of the TRUMP memecoin. Wallets are ranked based on “Trump Points,” which reflect token exposure over time. Those rankings, rather than simple ownership, determine who qualifies for the…
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Iran has never confined its interference in other countries to the Middle East, nor have its activities been restricted to attacks on Israel. Long before the horrors of 7 October 2023, Argentina had already become a target of the Islamic Republic.On 17 March 1992, a suicide bomber drove a Ford F-100 pickup truck packed with explosives into the Israeli embassy in the Retiro neighbourhood of Buenos Aires. The blast destroyed the embassy building and surrounding structures, including a Catholic church and a school, killing 29 people and injuring more than 200. The victims included both Israeli embassy staff and Argentine…
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While it isn’t clear whether the trader will offload the $148 million worth of Bitcoin, whales have been partially blamed for causing considerable sell-side…
Bitcoin’s RSI is nearing a key level, with analysts saying a higher low is needed to support a potential continuation in BTC price.Bitcoin (BTC)…
from the no-shit dept With RFK Jr. and his version of HHS entirely out to lunch on the ongoing measles issue in America, it’s…
Gold tumbled another 3.5% to $4,488 per ounce on Friday, marking an 11% fall for the week and the largest weekly loss the precious…
By Omkar Godbole (All times ET unless indicated otherwise)While bitcoin’s BTC$73,907.94 price rise since the Iran conflict began more than two weeks ago is…
A court in Argentina has ordered a nationwide block of major crypto-based prediction market platform Polymarket over unauthorized gambling.Argentina’s national communications and media regulator,…
In brief A Buenos Aires court has ordered access to Polymarket blocked in Argentina. The order includes a nationwide ISP block and the removal…
The First Amendment states that the government “shall make no law….abridging the freedom of speech.” But one prominent conservative judge, whose name has been…
The bitcoin BTC$73,719.44 price has remained relatively unscathed during the two‑week war with Iran. What’s more impressive is that its key volatility metrics have…
Michael Saylor’s Strategy is using its preferred stock, STRC, to buy Bitcoin (BTC) at an accelerating pace. But can this create a more powerful…
The U.S. Securities and Exchange Commission (SEC) ended its civil enforcement action against BitClout founder Nader Al-Naji and several related defendants, saying the decision…
South Korea’s National Police Agency (KNPA) has reportedly drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets, as authorities move to standardize how…