After four months of war, the US and Iran reached a deal on June 14. Bitcoin rose 2%, not 20%. The gap between the headline and the price move is a lesson the market learned the hard way, three broken ceasefires ago. Summary Bitcoin’s muted 2% move was not weakness. It was the market pricing…
Coinbase CEO Brian Armstrong said he remains positive on Bitcoin after another volatile stretch for the crypto market. Summary Brian Armstrong said he remains bullish on Bitcoin and still holds a long position today. Bitcoin rebounded above $65,500 as U.S.-Iran relief lifted crypto market sentiment on Monday for traders. Armstrong said crypto growth now reaches…
Strategy has added 1,587 BTC to its balance sheet, two weeks after its first disclosed Bitcoin sale in years raised questions. Summary Strategy acquired 1,587 BTC for $100 million, lifting total reserves to 846,842 BTC on Monday. The purchase followed a 32 BTC sale that Strategy later described as a process test. Strategy also raised…
Veteran trader Peter Brandt said Bitcoin remains one of the clearest markets for classical chart analysis. Summary Peter Brandt said Bitcoin still follows classical chart patterns better than many other markets. CryptoQuant data suggests whale selling slowed sharply as large holders resumed accumulation near $65,000 again. Bitcoin must reclaim $68,000 with stronger volume before the…
Bitcoin treasury companies may need to revisit their capital structures if Bitcoin remains under pressure, with consolidation becoming more likely across the sector, according to Strive Chief Investment Officer Ben Werkman. Summary Strive CIO Ben Werkman said prolonged Bitcoin weakness could push some treasury companies toward consolidation, particularly those carrying debt funded accumulation strategies. Werkman…
Bitcoin has reclaimed the $66,000 level after remarks from U.S. President Donald Trump and reports of a tentative U.S.-Iran peace agreement revived risk appetite across global markets. Summary Bitcoin climbed nearly 5% to $66,829 after Trump said oil ships were moving through the Strait of Hormuz and reports pointed to a tentative U.S.-Iran peace agreement….
Bitcoin has climbed above $67,000 after U.S. President Donald Trump confirmed that the U.S. and Iran have signed a peace agreement, helping push the total crypto market capitalization to $2.37 trillion. Summary Bitcoin climbed above $67,000 after Trump confirmed the U.S. and Iran had signed a peace agreement. The crypto market cap rose 4.7% to…
Bitcoin has climbed more than 11% from its early June low as Santiment says the U.S.-Iran peace agreement may be laying the groundwork for a longer crypto bull market. Summary Santiment says the U.S.-Iran peace deal has boosted risk appetite, helping Bitcoin recover more than 11% from its early June low. Glassnode data shows Bitcoin…
Bitcoin has extended its recovery above $66,000 as Strategy Executive Chairman Michael Saylor has predicted that the crypto asset could eventually rise from roughly $70,000 to as much as $7 million per coin. Summary Michael Saylor says Bitcoin could eventually rise from around $70,000 to $7 million per coin. He argues that Bitcoin still represents…
BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange Commission. Summary BlackRock’s iShares Bitcoin Premium Income ETF (BITA) is set to begin trading on Nasdaq on June 16 after receiving SEC approval and exchange clearance. The fund seeks to generate income through…
