US Iran Ceasefire Boosts Bitcoin, Stocks: Will It Hold?

Key takeaways: The US and Iran ceasefire boosted stock markets and Bitcoin, but BTC derivatives suggest limited bullish momentum. Legislative setbacks and a “fragile truce” between the US and Iran keep bears active with a potential $68,000 correction on the cards. Bitcoin (BTC) rallied 6% in less than four hours on Tuesday, following gains in…

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14% expense ratio. It…

US Iran Ceasefire Boosts Bitcoin, Stocks: Will It Hold?

Key takeaways: The US and Iran ceasefire boosted stock markets and Bitcoin, but BTC derivatives suggest limited bullish momentum. Legislative setbacks and a “fragile truce” between the US and Iran keep bears active with a potential $68,000 correction on the cards. Bitcoin (BTC) rallied 6% in less than four hours on Tuesday, following gains in…

Traders say Ether Ready for ‘Upside Move’ as Long $2K ETH Price Holds

Market analysts say Ether (ETH) could be ready for a “regime shift” as buying pressure builds up, but bulls must hold $2,000. Key takeaways: Ether shows resilience above $2,000, as onchain data shows signs of returning demand, suggesting a possible “regime shift”. ETH price support around $1,800-$2,000 needs to hold for a positive trend change….

US SEC Names New Enforcer as Questions Loom over Agency‘s Direction

David Woodcock steps into the role as US senators await answers to questions on the agency’s dropping lawsuits against Justin Sun and several crypto companies. The US Securities and Exchange Commission (SEC) has appointed David Woodcock as director of its division of enforcement as lawmakers press for answers on his predecessor’s departure. In a Wednesday…

Bitcoin Spot Demand Rises As $72K May Define Next Move

Bitcoin (BTC) rallied above $72,000 on Tuesday as BTC order book and derivatives data showed buyers returning to the market. Bitcoin’s recent trading history suggests that holding the $70,000 level is the first task bulls need to master, but previous BTC price rallies were capped by short-term traders selling into the bullish momentum. Will this…

Is ZEC Breakout a Bull Trap?

Zcash (ZEC) rallied after President Donald Trump announced a two-week ceasefire deal with Iran, leading gains in a broader relief rally across global risk markets. Key takeaways: A 2021-style fractal warns ZEC price could fall 40% toward in the coming weeks. Over $50 million in long leverage sits below current prices, leaving ZEC exposed to…

Bitcoin Price Targets $90K as Bulls Buy BTC Aggressively on Binance

Market analysts say Bitcoin’s (BTC) is building up after its 7% rally above $72,000 on Tuesday, with bulls eyeing further gains to $90,000 amid improving macro sentiment.  Key takeaways: BTC price builds a bullish structure after reclaiming $72,000, as a symmetrical triangle breakout targets $90,000. Binance taker buy volume exploded by $2.7 billion in two…

Instant Settlement Strains Crypto’s Capital Efficiency: Ethan Buchman

Crypto’s push for instant settlement is creating a capital inefficiency problem, forcing trading firms to fund every transaction in full and raising concerns about how the market can scale as volumes grow. In practice, that usually means that firms cannot offset what they owe against what they are owed, forcing them to move more capital…

Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens

Yuga Labs has settled its lawsuit against artist Ryder Ripps and Jeremy Cahen over their alleged copycatting of its non-fungible tokens (NFTs) from the Bored Ape Yacht Club collection. The agreement ends a two-year dispute over whether the pair’s project, which reused Bored Ape imagery, crossed the line from satire into trademark infringement. Proposed court…