Tag: Market

Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally – Markets and Prices Bitcoin News

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Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by choppy consolidation between $67,500 and $68,200, bitcoin ignited a mid-morning rally, hitting an intraday peak of $69,268. The momentum proved fleeting, however, as a wave of profit-taking dragged the asset back below $68,000 by 10 a.m. EST. By 1 p.m. EST, the top cryptocurrency mounted a second offensive, momentarily…

Bitcoin Must Clear $69K For Altcoins and BTC To Resume Bull Market

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Key points: Buyers will have to sustain Bitcoin above $69,000 to gain the upper hand in the short term. Select major altcoins may break above their near-term resistance, signaling buying at lower levels. Bitcoin (BTC) is facing resistance at $69,000, but the bulls continue to exert pressure. A minor positive in favor of the bulls is that the US spot BTC exchange-traded funds have recorded $186.9 million in inflows this week, according to Farside Investors data. Is this a good level to buy BTC, or could it fall further? That’s…

CFTC Chair Says Agency is Ready to Oversee Entire Crypto Market

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Michael Selig, US President Donald Trump’s nominee leading the Commodity Futures Trading Commission (CFTC), said the agency was prepared to oversee the entire $3 trillion crypto industry, with no timeline for Congress to pass a crucial market structure bill. In a Wednesday statement about his first 100 days as CFTC chair, Selig said that the commission was “ready to take responsibility” for the crypto market and reiterated his claim that it was the sole regulator to oversee prediction markets. His comments come as the US Senate considers the CLARITY Act,…

XRP Closes Q1 2026 Down 27%, Market Capitalization Plummets $29 Billion – Markets and Prices Bitcoin News

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From Peak to Plunge XRP concluded the first quarter of 2026 with a staggering 27% retraction from its year-end 2025 valuation, cementing its position as one of the most significant laggards in the current crypto landscape. While the year opened with a flicker of optimism, the subsequent price action has been a definitive study in sustained selling pressure. The asset started the year trading at $1.85, quickly gaining momentum to reach a year-to-date zenith of $2.40 on Jan. 6. However, this rally proved to be a bull trap. The gains…

Crypto Pump‑And‑Dump Era Ends Here? Why DOJ’s New Indictments Should Scare Market Makers

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The U.S. Department of Justice (DOJ) charged ten senior staff and employees at four crypto “market‑making” firms with running fraudulent campaigns designed to pump up both the trading volume and the price of certain digital assets. An FBI Crypto-Trap The charges, announced by the DOJ on a Monday press release, include employees from the firms Gotbit, Vortex, Antier and Contrarian. Three of the defendants were taken into custody in Singapore and extradited to the United States. They appeared before a federal judge in Oakland for the first time on Monday.…

DOJ Brings 10 Alleged Crypto Market Manipulators to Oakland Court

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Three crypto executives extradited from Singapore appeared in federal court in Oakland on Monday as US prosecutors expanded a wash-trading case that has now charged 10 foreign nationals tied to four crypto market-maker companies. The court appearances mark the latest step in a US crackdown on alleged wash trading in digital asset markets that began with an undercover operation unsealed in October 2024, according to a Tuesday press release from the US Justice Department (DOJ). The DOJ said the cases, which center on Gotbit, Vortex, Antier and Contrarian over conduct…

CFTC Warns Prediction Market Insider Traders

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The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action. “We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.” “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong.” Miller, a former federal prosecutor who was appointed to the position on March 2, said the…

Global Markets Rise as Trump and Iran Signal End to Military Operations – Market Updates Bitcoin News

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Bitcoin, Stocks, and Gold Prices Jump The S&P 500 closed up approximately 2.4% near 6,496. The Nasdaq Composite gained roughly 3.3% to around 21,475. The Dow Jones Industrial Average added about 2.1% to close near 46,176, and the Russell 2000 moved higher across the same range. At one point intraday, the Nasdaq was up nearly 4%. About 77% of stocks advanced on the session. The catalyst stemmed from reporting that said President Trump signaled willingness to end U.S. military operations in Iran, even if the Strait of Hormuz stays partially…

New US Rule Could Open $8 Trillion Retirement Market to Crypto

The U.S. Department of Labor released a proposed rule Monday that would establish a safe harbor for 401(k) fiduciaries who follow a defined review process when selecting alternative investment options – including funds with exposure to cryptocurrencies and other digital assets – potentially unlocking what the agency characterizes as an $8.8 trillion participant-directed retirement market spanning roughly 721,000 plans. The proposal was submitted for public inspection through the Federal Register on March 30 and is scheduled for formal publication by Tuesday, initiating a standard 60-day public comment period. We suspect…

If Bitcoin Price Falls Below This Level, The Bear Market Will Worsen

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The Bitcoin price is approaching a decisive moment, according to the head of a major crypto analytics firm. A clearly defined price threshold has been identified, and falling below it could accelerate the current downturn. The warning centers on how both market structure and investor behavior may shift if this level fails, raising concerns about a deeper and more aggressive bear phase. Crypto CEO Flags A Critical Bitcoin Price Level Joao Wedson, founder of the crypto analytics platform called “Alphractal”, has issued a warning about a critical price level that…