Bitcoin fell nearly 2% in just 15 minutes on Sunday while oil prices rose almost 20% as the escalating Middle East conflict prompted fears of a major supply shortage in the global energy market. Data from decentralized derivatives platform Hyperliquid shows oil prices rose from $95 to $113.7 per barrel shortly after US futures markets…
Bitcoin (BTC) threatened to cement new resistance into Sunday’s weekly close as traders focused on oil and gold. Key points: Bitcoin risks reinforcing its 200-week exponential moving average as new resistance this week. Price remains unable to flip the key trend line back to support as breakouts fail. Oil and gold are seen as the…
The Crypto Fear and Greed Index, one of the most widely used gauges of crypto investor sentiment, has fallen back down to “extreme fear” levels after briefly recovering on Wednesday. The Crypto Fear and Greed Index is at 18 at the time of this writing, down from the 20 recorded on Friday, according to CoinMarketCap….
A class action lawsuit has been filed against prediction market Kalshi, alleging that the death carveout in the “Ali Khamenei out as Supreme Leader” market was not properly disclosed to users and that the platform failed to pay out winning trades. The plaintiffs said that the death carveout policy was “not incorporated into the user-facing…
Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantis’ desk for final approval. In a Friday post on X, Samuel Armes, founder of the Florida Blockchain Business Association, revealed that Senate Bill 314 has cleared the Florida Senate unanimously. The measure is set to become law once…
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments. A Seattle judge has sentenced the former chief financial officer of a local startup to two years in prison following his conviction for wire…
Bitcoin (BTC) traded 4.5% below the $74,000 high reached on Thursday, with traders conflicted over whether this level may have marked the local top for BTC price. Key takeaways: Bitcoin charts still show similarities to the 2022 bear cycle, suggesting another leg down below $60,000 is possible. Others say the bottom is in and expect…
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site on…
BTC price upside lost momentum after hitting one-month highs as more traders joined bearish predictions for Bitcoin’s next move. Bitcoin (BTC) gave back some gains at Thursday’s Wall Street open as traders hoped that bidders would step up. Key points: Bitcoin begins to lose ground after hitting $74,000, now targeting a potential support reclaim. Bid…
Threat researchers at Google say they have uncovered a new exploit kit targeting Apple iPhone users, aimed at stealing crypto wallet seed phrases. The kit, named “Coruna” by its developers, targets iPhones running iOS versions 13.0 up to 17.2.1. It has “five full iOS exploit chains and a total of 23 exploits,” including ones that…
