Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record
Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.…
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
The Treasury secretary questioned the need for an interestrate hike. Source:MarketWatch
Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode
Retail investors and large whales are buying as bitcoin trades near its 200week moving average. Source:CoinDesk
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
The blockchainbased prediction markets platform is reportedly returning to investors months after a $15 billion funding round. Source:CoinDesk
The stock market’s brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.
Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again. Source:MarketWatch
Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances
Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme…
Strategy’s STRC retakes $90 after 24% rebound from June closing low
The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC. Source:Cointelegraph
US yen intervention puts Bitcoin, risk assets on notice for liquidity flux
The first USJapan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade. Source:Cointelegraph
Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000
Jim Cramer says he's dumping his bitcoin over quantum computing fears, but his track record of crypto and bank calls has buoyed the crypto community.…
A bitcoin wallet dormant since 2013 moved $31 million, and it's not the only one
A 12yearold bitcoin wallet moved $31 million on Monday, part of a broader wave of dormant coins shifting since the Coldcard hack. Source:CoinDesk
U.S.-Japan intervention revives yen carry trade fears for bitcoin
Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger…
US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Source:Cointelegraph