Bitcoin Recovers Following Plunge as US, Israel Begin Bombing Iran
The price of Bitcoin plummeted to nearly $63,000 overnight amid U.S. and Israel strikes on Iran, but has mostly recovered in the hours since.
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The price of Bitcoin plummeted to nearly $63,000 overnight amid U.S. and Israel strikes on Iran, but has mostly recovered in the hours since.
The proposed rules would limit the ability of third parties to pass stablecoin rewards on to users, but experts are split on what the language could mean for America’s top crypto firms.
One trader who made over $2 million in recent months betting against the strikes lost $6.5 million in a single day after the U.S. and Israel attacked Iran.
A full closure of the strait is unlikely or impractical, some experts argue.
Mark Karpelès submitted a pull request to Bitcoin Core that would redirect coins that have remained untouched since 2011 to a recovery address controlled by the MtGox trustee, reigniting the oldest de...
The strikes caused bitcoin’s price to fall and oil futures on Hyperliquid to rise over the regional conflict’s consequences.
Traders who bought Bitcoin three to five years ago are still up around 90% on average, even after the latest correction.
Lawmakers urge US regulators to review Binance’s AML and sanctions controls after reports of Iran-linked transactions and potential evasion risks.
Traders are watching $1.30 as immediate support after heavy-volume selling confirmed a bearish shift.
TPS breakthroughs get engineers excited, but TradFi is looking at Ethereum because that’s where the liquidity is, says Kevin Lepsoe of ETHGas.
With BTC down nearly 50% from its peak, analysts are sparring over whether the slump marks early repricing or signals more pain to come.
Negative funding rates, rising open interest and liquidations point to crowded positioning and heightened derivatives activity.