Bitcoin traded near $62,600 on Tuesday, down 0.3% over 24 hours and roughly flat on the week, per CoinDesk data. The market is steady on the surface but the macro backdrop underneath it has turned. President Trump reinstated the U.S. blockade of Iranian ships through… Read More
Latest developments: CEO Stephen Gregory said Binance.US is focused on growth after what he described as a two-year “hibernation” tied to regulatory issues surrounding the broader Binance brand. Gregory said Binance.US is a separate U.S.-only entity with its own governance structure, though it shares a… Read More
Strategy (MSTR) increased its U.S. dollar reserve by $466.7 million to $3 billion last week through its at-the-market equity program, according to a Monday regulatory filing. The company maintains the reserve to support dividend payments on its preferred stock and interest payments on its outstanding… Read More
The moves priced a single fear, that a wider war keeps oil elevated and forces the Federal Reserve to hold rates higher for longer. Minutes of the Fed’s June meeting show a few policymakers saw a case for raising rates before backing a hold. Gold… Read More
The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows — a decline of over 26% as investors pulled money from the digital asset market. Tether’s USDT fell from $78 billion… Read More
The muted response is the pattern now. When Iran first closed the Strait of Hormuz in early March, Brent crude jumped past $100 a barrel for the first time in four years and later peaked near $120, and bitcoin sold off sharply on each escalation.… Read More
