Investing Cryptocurrency News·
Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain. BTC Flash Crash Wipes $584 Million in Longs Bitcoin’s latest decline pushed the asset below the $77,000 mark for the fourth consecutive day […]
Iran has reportedly explored an insurance-based system for ships crossing the Strait of Hormuz, while unverified claims about Bitcoin-linked payments have added fresh uncertainty around how the wartime transit regime could operate. According to Iran’s state-linked Fars News Agency, the…
SpaceX's potential $2T IPO and Bitcoin holdings could reshape market dynamics, highlighting the growing intersection of tech and finance. The post SpaceX eyes $2T IPO, holds $637M in Bitcoin appeared first on Crypto Briefing.
The attack highlights vulnerabilities in Gulf energy infrastructure, potentially increasing geopolitical tensions and impacting global oil markets. The post Oil touches two-week high after drone attack on UAE nuclear plant appeared first on Crypto Briefing.
Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.
Iran has launched a new maritime insurance platform for cargo moving through the Strait of Hormuz, with payments settled in Bitcoin, according to a report from Iran’s semi-official Fars News Agency. The project places Bitcoin inside one of the world’s most politically sensitive shipping corridors, where energy flows, sanctions pressure and maritime risk have become […]
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and extended losses. The price is trading below $78,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,700 and $78,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $78,500 support zone. BTC remained in a bearish zone and extended losses below the $78,000 level. There was a move below the $77,500 level. The price even dipped below $77,000. A low was formed at $76,561 and the price is now consolidating losses. It is showing bearish signs below the 23.6% Fib retracement level of the downward move from the $82,017 swing high to the $76,561 low. Bitcoin is now trading below $77,500 and the 100 hourly simple moving
90% of the liquidations took place within an hour or so when BTC dumped to well below $77,000.
