Bitcoin climbed to $68,600 in early U.S. trading, recovering from a drop to $63,255 amid U.S.-Israel strikes on Iran.
The rebound followed Iranian confirmation of Supreme Leader Ayatollah Ali Khamenei’s death, reducing fears of escalation.
Traditional markets showed muted reactions, with U.S. stocks declining less than anticipated.
Bitcoin has demonstrated resilience in the face of heightened geopolitical tensions,...
Bitcoin Rebounds to $68,000 Following Geopolitical Slump Amid U.S.-Israel Strikes on Iran
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Bitcoin (BTC) recovered to approximately $68,000 on Sunday after a sharp decline to $63,000 triggered by news of joint U.S.-Israel military strikes on Iran.The initial market reaction saw the total cryptocurrency market capitalization shed roughly $128 billion in a matter of minutes, leading to over $515 million in liquidations.Market analysts point to “seller exhaustion” among short-term holders and a divergence from gold as key...
Nvidia’s Earnings Beat Fails to Spark Rally as Bitcoin Tracks Nasdaq Slump
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Bitcoin (BTC) fell to $66,000 on Thursday afternoon, mirroring a 2% slide in the Nasdaq Composite despite strong AI sector tailwinds.
Nvidia (NVDA) shares dropped 5% after its Q4 earnings report, as investors questioned the sustainability of the current AI infrastructure boom.
The correlation between mega-cap tech and digital assets remains tight, with Ethereum and Solana enduring similar mid-day liquidations.
The cryptocurrency market’s...
Bitcoin Faces ‘Extreme Fear’ as Prediction Markets and Sentiment Gauges Diverge
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The Crypto Fear & Greed Index remains frozen in the “extreme fear” zone, recently hitting historic lows between 5 and 15 throughout February.
Wagers on Kalshi give Bitcoin a 65% chance of dropping below $50,000 by the end of 2026, though some downside odds have cooled slightly.
On Myriad, a localized “pump” sentiment has emerged, with odds for a move to $84,000 rising 20% despite broader market pessimism.
The...
OCC Issues Rules Enforcing GENIUS Act’s Stablecoin Yield Ban
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The OCC’s 376-page proposal implements the GENIUS Act by prohibiting yields on payment stablecoins, including through affiliates or third parties.
Industry experts view it as an overreach beyond the statute, potentially disrupting models like Circle-Coinbase partnerships.
The rule sets a 60-day comment period, with crypto firms gearing up to challenge presumptions on yield evasion.
The Office of the Comptroller of the...
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