Bitcoin Slumps Toward Range Lows With US-Iran Press Briefing Due

Bitcoin trapped late buyers at $68,000 with oil still above $100 ahead of a press briefing by US War Secretary Pete Hegseth. Bitcoin (BTC) teased a fresh break below $66,000 on Tuesday after a bounce sparked a classic bull trap. Key points: Bitcoin sets up a classic bull trap after spiking beyond $68,000. A negative…

Naver Pushes Dunamu Share Swap to September 2026

South Korea’s Naver Financial has pushed back the timeline for its planned share swap with Dunamu, the operator of crypto exchange Upbit, according to a regulatory filing posted on Monday.  In a filing with the Financial Supervisory Service (FSS), the company said it expects to hold a shareholder vote on Aug. 18 and complete the…

Risk-off mood deepens in crypto as futures interest declines: Crypto Markets Today

The crypto market exhibited signs of volatility on Tuesday, with bitcoin BTC$66,236.27 spiking to $68,300 shortly after midnight UTC before tumbling back to $66,500. The initial spike was spurred by reports that U.S. President Donald Trump was willing to end the war in Iran without the Strait of Hormuz being opened. The optimism faded after…

Bitmine’s Increased ETH Accumulation Streak Continues for 4th Week

Bitmine Immersion Technologies has extended its Ether buying streak into its fifth week, scooping up 71,179 Ether in its largest weekly purchase of 2026 so far.  The roughly $147 million Ether (ETH) buy represents a jump from Bitmine’s previous weekly average of $93 million to $103 million, the company said in a statement on Monday….

Lawmakers Press CFTC to Warn Federal Employees About Event Contracts

At least 42 Democratic lawmakers have written the US commodities regulator and the US Office of Government Ethics, demanding that it warn federal employees not to use inside knowledge to trade in prediction markets. The letter, addressed to Commodity Futures Trading Commission Chair Mike Selig and the Office of Government Ethics, was prompted by “multiple…

Record-high Oil Prices May Precede Bitcoin Price Crashes

Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash? Key takeaways: $105 WTI crude often triggers Bitcoin price corrections, with history showing a 14% to 27% sell-off within weeks. The BTC to oil correlation remains uncertain as events like Mt….

Record-high Oil Prices May Precede Bitcoin Price Crashes

Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash? Key takeaways: $105 WTI crude often triggers Bitcoin price corrections, with history showing a 14% to 27% sell-off within weeks. The BTC to oil correlation remains uncertain as events like Mt….

Women Creators Reclaim Ownership Through Web3 Payment Rails

Sponsored Content Opinion by: Ashna Vaghela, chief customer officer at Mercuryo, and Vi Powils, CEO at World of Women. For decades, the financial industry has treated creativity as a high-risk hobby. If you’re a woman building a global brand from a laptop, there is a risk that your bank doesn’t see a CEO. Rather, it…

NFL Asks Prediction Markets to Step in on ‘Easily Manipulated‘ Bets

CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person. The National Football League (NFL) has reportedly sent letters to Kalshi, Polymarket and other prediction market platforms in an effort to block the companies from offering…

Bitcoin Eyes $71K As Bid-Side Pressure Builds Near Range Lows

Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price.  With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on…