Bitcoin slides under $69K as oil spikes on conflicting US Iran signals

[ad_1] Bitcoin fell below $69,000 on Thursday morning as escalating tensions between the US and Iran weighed on global markets and pushed investors toward defensive positioning. The move followed a sharp jump... Read more »

Oil reversal and crowded shorts keep crypto traders on edge

[ad_1] Crude oil just pulled a classic bait-and-switch. WTI surged on geopolitical tensions, then promptly gave back nearly $3 a barrel, erasing the kind of fear premium that usually sends inflation hawks... Read more »

$80M Hyperliquid Whale Bet Predicts Bitcoin Crash and Oil Rally

[ad_1] Key takeaways: A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&P 500 while going long on Brent crude oil prices. The whale’s history of massive losses and... Read more »

Oil and gold rally as Iran locks down key oil route to US and Israeli allies

[ad_1] Oil markets continued to rally on Friday morning amid renewed strain in the Middle East. Iran’s Islamic Revolutionary Guard Corps (IRGC), a key instrument of Iran’s military and regional strategy, declared... Read more »

Bitcoin Up, Oil Down As Middle East Fears Dissipate

[ad_1] Key points: Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end. In a surprise turn, oil and gold face... Read more »

Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says

[ad_1] Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom,... Read more »

Cantor Fitzgerald CEO says Bitcoin should be treated as a commodity like gold and oil

[ad_1] Cantor Fitzgerald CEO Howard Lutnick called on regulators to treat Bitcoin (BTC) like gold and oil because it is a commodity. Lutnick made the statement during an appearance on Fox Business... Read more »

Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters

[ad_1] Share this article Venezuela’s state-owned oil company, Petróleos de Venezuela S.A. (PDVSA), is turning to crypto for its oil trades in response to renewed US sanctions that target the nation’s oil... Read more »