Botanix Will Shut Down Bitcoin Layer-2 Network in July, Citing Lack of DeFi Demand
Botanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July.
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The use of Bitcoin for transit fees in the Strait of Hormuz could influence global oil trade dynamics and impact cryptocurrency markets. The post First Gulf-to-Europe crude oil tanker since March is paying its way through the Strait of Hormuz in Bitcoin appeared first on Crypto Briefing.
Read full articleBotanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July.
Bitcoin (BTC) and the wider cryptocurrency market could face additional selling pressure this week as Elon Musk’s SpaceX gears up for a $75 billion initial public offering (IPO), with the event expected to drain some of the liquidity that has supported the market’s leading crypto above $60,000. Analysts Warn Crypto Could Feel The Hit According […]
Rising deficits may drive interest in Bitcoin as a hedge against currency debasement, but higher Treasury yields could challenge crypto appeal. The post US monthly budget statement shows $293B deficit in May appeared first on Crypto Briefing.
Whales quietly scooped up bitcoin while retail investors panicked near the $60,000 mark, with Cryptoquant data showing the Exchange Whale Ratio spiking to 61.6% as large holders dominated buying. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm […]
The military's involvement in securing oil transit may stabilize energy markets, while potential crypto innovations could face regulatory challenges. The post Trump directs US military to safeguard oil tankers in Strait of Hormuz, and crypto markets are paying attention appeared first on Crypto Briefing.
The partial recovery in Strait of Hormuz traffic suggests easing tensions, potentially stabilizing global energy markets and geopolitical dynamics. The post Over 100M barrels pass through Strait of Hormuz, indicating partial recovery appeared first on Crypto Briefing.
The Bitcoin price could be on track to reach $200,000 within the next one to two years, according to crypto analyst @CryptoTice_. Backed by a long-term cycle chart, the analyst argues that Bitcoin is once again moving through a familiar historical pattern, placing the current phase in what he describes as a key accumulation zone ahead of a potential major rally. Bitcoin Price Path Points To 2027 Target The chart maps Bitcoin’s previous market cycles and outlines a potential path toward $200,000. Based on this projection, the target could be reached within 12 to 24 months from June 2026, placing it between mid-2027 and mid-2028, with 2027 appearing as the more probable timeframe. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic To support this view, the analyst compares Bitcoin’s current setup with the cycle lows recorded in 2019 and 2022, both marked as “buy zones” that were followed by major rallies. The 2019 bottom preceded a climb to r
The directive may stabilize oil markets and reduce geopolitical tensions, impacting global energy security and economic stability. The post Trump directs US military to safeguard oil tankers in Strait of Hormuz appeared first on Crypto Briefing.