Oil just broke $90. Brent crude climbed more than 3% on Monday to its highest level since mid-June, as the US-Iran war chokes shipping through the Strait of Hormuz. The US hit Iran for …
Oil
Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH. According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and …
Treasury Secretary Scott Bessent publicly defended plans on Friday to grant permanent dollar swap lines to Gulf and Asian allies. He framed the expansion as a counterweight to alternative payment systems eroding the dollar’s …
US President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.” Bitcoin fell as low as $70,623 on Sunday after the …
- Blockchain Research
BTC slips below $69,000 as oil rebounds on fading Middle East peace hopes
by adminby adminBitcoin BTC$68,370.59 slipped below $69,000 on Thursday as a broader pullback in risk assets gathered pace, with early optimism around Iran-U.S. peace and easing Middle East tensions fading. The largest crypto lost more than …
- NFT & Metaverse
What next as bitcoin slips below $69,500, tanker attacks send oil back above $100
by adminby adminThe bitcoin relief rally due to oil losing gains lasted about 36 hours. Bitcoin fell to $69,393 on Thursday morning, down 0.8% over the past 24 hours and 4.3% on the week, after attacks …
Tom Lee says Bitcoin’s rally during an oil surge tied to Middle East tensions shows the asset passed a key stress test. Fundstrat’s Tom Lee has said that Bitcoin passed a major test after …
Iran Oil Tanker Fees Still Dominated by USDt, No Signs of BTC Yet: BPI
Iran’s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset, according to Sam Lyman, head of research at digital …
Oil prices slipped as major economies announced joint efforts to stabilize energy markets.
Bitcoin Retreats Under $70K as IEA Weighs Historic Oil Reserve Release
In brief Bitcoin is trading near $69,240 following an IEA proposal to release over 182 million barrels of oil to rein in prices. Surging oil prices elevate inflation concerns, potentially leading to higher interest …