Author: CryptoPress

Brent crude futures hit $90 per barrel on Friday, marking a two-year high as the conflict between the U.S., Israel, and Iran enters its seventh day. Qatar’s Energy Minister warns of $150 oil if regional production remains disrupted, a scenario that could heighten global inflationary pressures. Bitcoin mining profitability faces a double-edged sword as energy costs rise, while some investors eye digital assets as a potential hedge against...

South Korea’s KOSPI index fell 20% over two trading sessions, triggering multiple circuit breakers and trading halts as geopolitical tensions in the Middle East sparked a massive sell-off. Bitcoin climbed 7% over the same 24-hour period, breaking above $73,000, as analysts observe signs of retail capital rotating from equities into digital assets. Despite the surge in crypto prices, the Kimchi premium remains near 1%, suggesting that while...

Strategy (formerly known as MicroStrategy) has expanded its massive digital asset portfolio, disclosing the purchase of 3,015 bitcoin for approximately $204.1 million. According to a Form 8-K filing with the Securities and Exchange Commission, the acquisition was made at an average price of $67,700 per bitcoin, including fees and expenses. The purchase was funded through the company’s at-the-market (ATM) offering program, which included the...

PIPPIN has declined more than 35% over the last 24 hours, reaching approximately $0.32 and wiping out millions in market cap. The token is now down 64% from its all-time high of $0.897 set just five days ago on February 26. Market analysts and data providers like Bubblemap have warned of high supply concentration, with insiders allegedly controlling a significant portion of the circulating supply. PIPPIN, the Solana-based memecoin that...