Tag: Bitcoin

Bitcoin Reclaims $70,000 Despite Geopolitical Unrest; Experts Alert on Market Vulnerability – Markets and Prices Bitcoin News

boss

Key Takeaways: Bitcoin hit $70,355 on April 6, keeping market cap near $1.4T despite Iran rejecting U.S. ceasefire. Michael Saylor’s company Strategy bought 4,871 BTC worth $329.9M, reinforcing institutional demand. Bitfinex warns of fragility; $145M shorts liquidated as BTC risks mechanical sell-off below $68,000. Intraday Volatility Bitcoin displayed remarkable resilience on Monday, reclaiming the $70,000 psychological threshold for the second time in a single day. The top cryptocurrency seemingly decoupled from mounting geopolitical anxieties following Iran’s formal rejection of a U.S.-led ceasefire proposal—a move that had initially stoked fears of…

Bitcoin futures open interest jumps 8% in a day, Coinglass shows

boss

Binance faces renewed questions over its $4.3b post-plea cleanup as crime-monitoring staff depart and chief compliance officer Noah Perlman weighs an exit. Summary Total Bitcoin futures open interest rose 8.09% in 24 hours to $50.804b, according to Coinglass. Binance leads with $8.887b in open interest, followed by Bybit, Gate, and OKX. The build-up in leverage comes as BTC derivatives positioning has repeatedly signaled key turning points in past cycles. Bitcoin (BTC) futures traders added more than $3.8 billion in new leveraged positions over the past 24 hours, with total BTC…

New Stablecoin, Faster Order Matching, Smart Contract Wallet Support – Crypto News Bitcoin News

boss

Key Takeaways: Polymarket launched Polymarket USD on April 6, 2026, replacing bridged USDC.e as collateral across all prediction markets. The CTF Exchange V2 upgrade cuts gas costs and adds EIP-1271 support, affecting API traders and bot operators within 2-3 weeks. Polymarket’s POLY governance token airdrop, confirmed by CMO in October 2025, remains separate and pending a full U.S. relaunch. Polymarket Upgrades Trading Engine and Drops Bridged USDC.e in Major 2026 Overhaul The move is the platform’s largest infrastructure change since launch. Polymarket has processed record trading volumes over the past…

Trump’s Iran Deadline and the Case for a $75K Bitcoin Price Rally

boss

Key takeaways: President Trump’s Tuesday deadline to Iran creates a pivotal moment for Bitcoin as it continues to decouple from gold. While a ceasefire could boost equities, Bitcoin’s $75,000 path depends on its role as a hedge against fiscal instability. BTC may benefit from (no) US-Iran ceasefire There is a high probability that US President Donald Trump’s Tuesday deadline to Iran could be the catalyst needed for a Bitcoin (BTC) rally above $75,000. Should a deal fail to materialize, Bitcoin’s risk perception could strengthen due to its unique decentralized properties.…

Iran Rejects 45-Day Truce as Trump Repeats Demand to Seize Oil and Open the Strait – Bitcoin News

boss

Key Takeaways: Trump stated at the April 6 White House Easter Egg Roll that seizing Iran’s oil is his preferred outcome of the conflict. Iran rejected a U.S.-backed 48-hour ceasefire on April 3, 2026, calling American proposals “illogical.” Trump’s April 8 deadline threatens strikes on Iranian power plants, bridges, and oil wells if the Strait of Hormuz remains closed. Trump on Iran: ‘Take the Oil’ as Negotiations Collapse Before April 8 Cutoff Speaking at the White House Easter Egg Roll on April 6, 2026, Trump said plainly: “If I had…

XDC Network’s Sean White on Why SMEs Deserve Better Payment Infrastructure – Interview Bitcoin News

boss

Australia’s 2.5 million medium-sized businesses generate a major part of the country’s GDP. Yet most still use fashioned payment systems. XDC Network, a global blockchain network, wants to change that. They are working with AUDDapt, a grant program. This program gives small Australian businesses access to cheaper and more transparent ways to move money. In this interview with Bitcoin.com News, Sean White of XDC Network shares his perspective on why SMEs deserve better payment infrastructure and what needs to change. Q: What is AUDDapt, and why did XDC Network decide…

New Jersey Loses Bid to Shut Down Kalshi Sports Contracts After Federal Appeal – Legal Bitcoin News

boss

Key Takeaways: A Third Circuit appeals court ruled 2-1 on April 6, 2026, that federal law blocks New Jersey from enforcing state gambling rules against Kalshi. The decision gives Kalshi federal preemption protection across New Jersey, where the platform reports over $1 billion in weekly trading volume. New Jersey may seek en banc or Supreme Court review, with at least 19 federal Kalshi lawsuits still pending nationwide. Kalshi Scores Federal Court Win as Third Circuit Strikes Down New Jersey Cease-and-Desist The U.S. Court of Appeals for the Third Circuit issued…

Bitcoin Profit Takers Keep BTC Price Action Away From $70,000 Reclaim

boss

Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming “profit-taking pressure.” Bitcoin (BTC) coiled below $70,000 at Monday’s Wall Street open as analysis blamed profit taking for price inertia. Key points: Bitcoin and stocks wobble as the US trading session begins amid nerves over the US-Iran war outcome. Profit taking activity is keeping BTC price action away from a $70,000 reclaim, says research. A Trader says $71,000 will act as fuel for a surge $10,000 higher. BTC price meets “profit-taking pressure”…

Jamie Dimon Warns of Lasting Impact of Wars and Trade Shifts on Global Economy – Economics Bitcoin News

boss

Key Takeaways: Jamie Dimon said wars could drive prolonged global economic uncertainty. JPMorgan warns high debt and asset prices may amplify volatility if conditions shift. Dimon says trade realignment and conflict could shape the global order for years. JPMorgan’s CEO Signals Trade Realignment and War Driving Structural Economic Change Jamie Dimon, chairman and CEO of JPMorgan Chase & Co. (NYSE: JPM), warned of lasting global economic impacts from wars and shifting trade dynamics on April 6 in his annual letter to shareholders. The largest U.S. bank by assets outlined rising…

South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks – Crypto News Bitcoin News

boss

Key Takeaways: Toss, operated by Viva Republica, is building an L1 blockchain mainnet and native coin to power its 30 million-user financial platform. South Korea’s pending Digital Asset Basic Law has delayed final decisions on whether Toss pursues an L1 or L2 approach. A Stablecoin Task Force led by Chief Business Officer Kyuha Kim filed 24 KRW stablecoin trademarks in June 2025, including “TOSSKRW.” South Korea’s Toss Recruits Blockchain Engineers as Mainnet Plans Advance in 2026 The fintech company Toss serves roughly 30 million registered users, close to 60% of…