Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. …
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The latest US inflation report triggered an immediate short squeeze across the digital asset market. In June, the Consumer Price Index (CPI) unexpectedly fell by 0.4%, marking its steepest monthly decline since April 2020. On an annual basis, inflation slowed to 3.5%, while core inflation dropped to 2.6%. Against this backdrop, the probability of a Federal…
Mobile money frameworks are key to stablecoin r… Pluang
Although stock prices are near all-time highs, the cryptocurrency market is in a deep bear market. Bitcoin is down more than 50% from its all-time high reached last October. Other tokens and currencies are down even more. But crypto investors are no strangers to major declines. And buying into the weakness has often led to…
Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions. Crypto Market Takes A Breather Bitcoin fluctuated sharply between $63,000 and $64,000 as trading volume rose 18% over the past 24 hours. Ethereum spiked to $1,842 in the late evening before retracing sharply, while XRP and Dogecoin…
US freezes over $130M in crypto tied to Iran’s Central Bank through OFAC sanctions. Four Tron wallets holding about $131M in USDT were frozen following the sanctions. Treasury expands crypto sanctions as Operation Economic Fury targets Iran’s networks. The United States has frozen more than $130 million in cryptocurrency linked to Iran’s Central Bank after…