Bitcoin (BTC) starts the third week of June with a spring in its step as the US-Iran peace deal sends risk assets higher. Key points: Bitcoin price action targets $66,000 as US stock futures soar and oil approaches its lowest levels since early March. Traders see $69,000 as a likely short-term BTC price target. The Federal Reserve interest-rate decision is under the microscope thanks to new chair Kevin Warsh. Bitcoin whales have reversed their selling mentality, putting in a “rock-solid floor” near $60,000. Overall demand weakness raises questions over a…
Author: boss
Bitbank Warns of Account Suspensions Over Polymarket Use
Bitbank, one of Japan’s largest cryptocurrency exchanges, warned users that transactions linked to prediction market platforms such as Polymarket could result in account suspensions due to potential conflicts with the country’s gambling laws. In a notice published on Monday, Bitbank said it may restrict accounts making deposits or withdrawals connected to prediction market services. The warning highlights the regulatory uncertainty surrounding prediction markets in Japan, where local gambling laws may complicate Polymarket’s previously stated interest in expanding into the country. Bitbank warns of sweeping account restrictions Bitbank said users whose…
The Iran deal is done. Why Bitcoin is not celebrating
After four months of war, the US and Iran reached a deal on June 14. Bitcoin rose 2%, not 20%. The gap between the headline and the price move is a lesson the market learned the hard way, three broken ceasefires ago. Summary Bitcoin’s muted 2% move was not weakness. It was the market pricing an interim deal as interim after several ceasefires had already failed. The US-Iran agreement reopens the Strait of Hormuz and lifts the US naval blockade, but it does not resolve Iran’s nuclear program or create…
Bitcoin reclaims $65K as oil falls to a two-month low, more gains ahead or a dead cat bounce?
Bitcoin has reclaimed $65,000 after oil prices plunged to a two-month low following a reported US-Iran peace agreement that eased concerns over disruptions in the Strait of Hormuz. Summary Bitcoin has climbed nearly 10% from its June low as oil prices hit a two-month low following reports of a US-Iran peace agreement. Technical charts show resistance near $67,500, with liquidation data suggesting a breakout could trigger further gains toward $75,000. Weak spot Bitcoin ETF demand remains a key risk after roughly $5 billion in net outflows since mid-May. According to…
Bitcoin Mining Difficulty Drops 10% As Miners Get Rare Relie
Bitcoin miners just got a rare bit of relief. TL;DR Bitcoin mining difficulty has fallen by just over 10%, one of the largest downward adjustments in the network’s history. The move makes it easier for active miners to find blocks after a slower-than-target adjustment period. The drop gives efficient miners some breathing room, but it also points to real stress across less profitable mining operations. A Sharp Reset For The Mining Sector The Bitcoin network’s mining difficulty fell by just over 10%, marking one of the largest downward adjustments in…
Oil Prices Crash 4% And Bitcoin Approaches $66,000 as Trump Declares US-Iran Peace Deal ‘Complete’
Key Takeaways Brent crude fell about 4.30% to $83.31 after Trump declared the US-Iran peace deal complete on June 14. Bitcoin reclaimed $65,000 and roughly $150 million in shorts were liquidated as risk appetite returned. A signing ceremony is set for Friday in Switzerland, with the EU’s big four ready to lift Iran sanctions as well. Crude Slides as Trump Declares Iran Deal Done Brent crude futures for August delivery traded about 4.26% lower at $83.31 per barrel, while U.S. West Texas Intermediate for July delivery dropped more than 5%…
What could move crypto and Bitcoin markets this week
Crypto traders enter June 15 with U.S. data releases and a Federal Reserve decision in focus. Summary Bitcoin climbed above $65,500 as U.S.-Iran deal eased oil and inflation concerns. Markets expect Fed to keep rates unchanged during Kevin Warsh’s first policy meeting this week. Retail sales, housing starts and manufacturing data could shape crypto risk appetite this shortened week. The Kobeissi Letter listed May industrial production on Monday, housing starts on Tuesday, retail sales on Wednesday, and the Philly Fed Manufacturing Index on Thursday. U.S. markets will close Friday for…
The Customer Is the Collateral – Bitcoin News
Key Takeaways IREN secured $3.65B on Jun. 1; Microsoft backing cut financing costs to 6.00%. Fitch rated IREN’s facility A; pension capital access may reshape AI infrastructure funding. CoreWeave’s $8.5B deal set a precedent; TeraWulf and Cipher now chase similar backing. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to bitcoin mining, artificial intelligence, and crypto treasury strategies. Originally published on June 3, 2026, by Cindy Feng. If you’ve been following Bitcoin mining stocks for a while, you’ll probably notice: companies…
Bitcoin Nears $66K After Trump Announces Iran Peace Deal
Bitcoin came just shy of $66,000 during Monday morning trading after US President Trump claimed that the US had brokered a peace deal with Iran that would reopen the Strait of Hormuz. “The deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump posted on his Truth Social platform late on Sunday. “I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” Trump said. “Ships of the World, start your engines.…
Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants
Key Takeaways Coins.ph added BTC and ETH to the Philippines’ QR Ph network, letting users pay nearly 700,000 retail merchants. Analysts view this integration of digital assets as a critical viability test for regions with high remittances. Pending BSP approval, Coins.ph plans to launch its PHPC stablecoin to remove foreign exchange spreads. The Evolution of the Philippines’ QR Ph Network The integration of digital assets into the Philippines’ national quick-response (QR) code network is expanding to include volatile cryptocurrencies alongside dollar-pegged stablecoins, signaling an evolution in how emerging markets utilize…