Bitcoin And Altcoins Rebound Despite War in Middle East

Key points: Bitcoin’s bounce from the $100,000 shows buyers are committed to the overarching bull trend. Select altcoins have broken below respective support levels, suggesting further weakness for mid-caps in the near term. Bitcoin (BTC) has held above the psychological support of $100,000, but the strength of each will determine whether or not the bullish trend remains intact. BitMEX founder Arthur Hayes sounded positive in a post on X, saying that Bitcoin’s weakness shall pass, leaving no doubt about its safe haven status. Bitcoin’s relative stability compared to the top…

Bitcoin rebounds above $103k after Iran missile attack intercepted

Bitcoin price has swiftly bounced above $103,000 after a sharp decline triggered by reports of Iran firing missiles at a U.S. base in Qatar. Following confirmation that U.S. interceptor missiles successfully intercepted the Iranian missiles with no casualties, Bitcoin (BTC) surged. The benchmark cryptocurrency had briefly touched the $100,000 level after Iran announced it had fired missiles at Al Udeid Air Base in Qatar. However, a statement from the Qatari Ministry of Defense detailing a successful interception of the ballistic missile attack helped boost sentiment, with Bitcoin and the broader…

Mideast on the Brink: Analyst Says Geopolitical Escalation Could Propel Bitcoin to New Highs

Tensions in the Middle East escalated after a top Iranian military commander threatened to directly attack U.S. interests. However, an analyst at Bitunix said the ongoing conflict could increase demand for cryptocurrencies as safe-haven assets due to their portability. Middle East on the Brink Middle East tensions appeared to escalate June 23 after the commander […] Original

Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season…

$90 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform

Key Notes Fortune 500 payment processor Fiserv collaborates with Circle and Paxos to create bank-friendly digital dollar infrastructure. FIUSD will integrate with PayPal’s PYUSD for cross-platform transactions, enhancing merchant and consumer payment options. The launch coincides with the GENIUS Act’s Senate passage, providing regulatory clarity for USD-pegged stablecoin issuers. Fiserv is entering the stablecoin space with its own digital dollar, FIUSD, backed by Solana and Circle Internet Group. The move signals a broader shift by traditional finance toward blockchain-powered payments. The Fortune 500 firm, which processes over 90 billion transactions…

🧨 INSANE Bitcoin News + 2 Wealth Hacks 💸

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #Treasuries #WinningAssets $MSTR $NVDA $TSLA $SOL $BTC 👋 JOIN THE FAMILY: 📈 IA MODELS: 🧠 FREE INVESTOR PROFILER QUIZ: 📬 IA NEWSLETTER: 🪙 IA CRYPTO COMPENDIUM: ⚙️ IA SCP Profiler: 🌐 TradingView Referral: DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his…

Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”

Bankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, arguing in a recent court filing that the crypto hedge fund’s “own risky [trading] strategy caused its collapse, and its own account activity — not any action by [FTX] — resulted in a significant decline in the “value” associated with the 3AC Accounts in June 2022.” “3AC bet big that cryptocurrency prices would increase using cash it did not have and, when prices instead plummeted, 3AC proceeded to liquidate…

As Stablecoin Bill Heads To House, Senate Shifts To Market Structure

Roughly a week after the US Senate voted to pass the GENIUS Act to regulate payment stablecoins, the chamber is moving to discuss a path forward for a digital asset market structure framework. On Tuesday, lawmakers in the Senate Banking Committee’s digital asset subcommittee will hear from lawyers at Coinbase and Multicoin Capital as part of efforts to establish “bipartisan legislative frameworks for digital asset market structure.” The hearing will include testimony from Coinbase’s vice president of legal, Ryan VanGrack, Multicoin Capital’s general counsel, Greg Xethalis and University of Pennsylvania…

‘Valuable Everywhere’: Tim Draper Hails Bitcoin as Crisis-Proof Asset

Amidst the Mideast conflict, the venture capitalist and entrepreneur from Silicon Valley, Tim Draper, articulated that in these precarious times, one asset remains “valuable everywhere, bitcoin.” Draper Says Bitcoin’s the Real Refuge in a World on Fire An influential figure in the venture capital sphere, Tim Draper, who established Draper Associates and Draper University, holds […] Original

Another Bitcoin Boost: Sequans Goes All in With $384M Investment

Key Notes Sequans plans to invest $384 million in Bitcoin through equity and debt offerings. MicroStrategy bought 245 BTC for $26 million as Bitcoin briefly dipped below $100K. Despite miner stress, long-term Bitcoin accumulation continues across institutions. Publicly listed company Sequans Communications S.A. has announced a bold new Bitcoin BTC $100 575 24h volatility: 0.9% Market cap: $2.00 T Vol. 24h: $40.46 B treasury initiative. The IoT semiconductor leader plans to invest around $384 million in the cryptocurrency, combining $195 million in equity offerings and $189 million in convertible secured…