Skip to main content

Author: CryptoPress

Weekly Snapshot – Bitcoin’s Geopolitical Rebound

Written on .

Bitcoin surged to roughly $69,120 on April 6 after traders returned from the Easter break to news of potential 45-day Iran ceasefire talks. The move squeezed $196 million in shorts and lifted the total crypto market cap back above $2.5 trillion. Major tokens followed: Ethereum rose 3.7% to $2,130, Solana gained 2% to $82, and XRP added 2.2% to $1.34. The relief came after weeks of suppressed volatility caused by U.S.-Israel-Iran tensions that...

Bitcoin, Crypto market, Cryptocurrencies

Continue reading

Oil Prices Dip as Pakistan-Led Mediators Push 45-Day Ceasefire for Strait of Hormuz

Written on .

Brent crude oil fell 0.8% to $108.09 per barrel as markets reacted to a potential diplomatic breakthrough in the Middle East. Mediators from Pakistan, Egypt, and Turkey have proposed a 45-day ceasefire to reopen the Strait of Hormuz, a critical maritime chokepoint. The diplomatic push comes as President Donald Trump issued a Tuesday night deadline to target Iranian power plants and bridges if the waterway remains closed. Energy markets saw...

Breaking, News

Continue reading

Bitcoin Demand Contracts by 63,000 BTC Monthly Despite Institutional Accumulation

Written on .

Bitcoin spot demand has entered a “deep contraction,” decreasing by approximately 63,000 BTC over the last 30 days. Institutional buyers, led by spot ETFs and Strategy, purchased nearly 94,000 BTC in March, yet total market demand remains negative. On-chain data shows retail investors and large whales (1,000–10,000 BTC) are aggressively distributing holdings, creating a structural headwind for price recovery. Bitcoin is facing...

Breaking, News

Continue reading

North Korean Agents Infiltrated Drift Protocol for Six Months Before $270M Heist

Written on .

North Korean intelligence operatives reportedly spent six months impersonating a legitimate quantitative trading firm to gain the trust of Drift Protocol contributors. The attackers met team members in person at international conferences and deposited $1 million of their own capital to establish credibility before the exploit. Blockchain analytics firms Elliptic and TRM Labs have linked the theft of approximately $270 million to $286 million...

Breaking, News

Continue reading

U.S. ADP Private Payrolls Beat Estimates in March, Signalling Labor Resilience

Written on .

U.S. private-sector employment increased by 62,000 jobs in March, significantly outperforming the market expectation of 40,000. Education and health services led the gains with 58,000 new positions, while manufacturing saw a decline of 11,000 roles. The stronger-than-expected data suggests a resilient labor market, potentially giving the Federal Reserve more room to maintain higher interest rates for longer. The U.S....

Breaking, News

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.