Bitcoin BTC$71,603.34 climbed to as high as $72,750 following news of a two-week ceasefire between the U.S. and Iran, before easing back to just below $72,000. The move came alongside a broader risk on rally in pre-market trading for equities, with the Invesco QQQ gaining more than 3.3% and the iShares Expanded Tech Software ETF…
Days of bearish positioning unraveled in about two hours on Tuesday night as bitcoin surged past $72,700 after Trump confirmed a two-week ceasefire with Iran via Truth Social just before his 8 p.m. ET deadline. The move triggered $595 million in total crypto liquidations across 118,489 traders, according to CoinGlass data. Short positions accounted for…
Quantum computing headlines increasingly suggest bitcoin is on the verge of collapse, with claims that future machines could crack its cryptography in minutes or overwhelm the network entirely. But academic research paints a more constrained picture. Some widely cited “breakthroughs” rely on simplified problems that don’t reflect real-world cryptography. And quantum attacks on Bitcoin? The…
More than two years after the first 11 spot bitcoin ETFs began trading in the U.S., a 12th, issued by a top-10 Wall Street bank with $1.9 trillion in assets under management, could debut Wednesday. The Morgan Stanley Bitcoin Trust could start trading NYSE Arca under the ticker MSBT, Bloomberg’s ETF Analyst Eric Balchunas said…
XRP broke above resistance, but it is not yet clear if this move marks a real shift or just a short-term bounce. The move above $1.37 came on strong volume and clear accumulation signals, yet the broader structure is still bearish, making this look more like a tactical breakout than a confirmed trend shift. News…
Digital asset manager Grayscale backed accelerated efforts to make public blockchains quantum-resistant in a new research note arguing the technical solutions already exist but the harder challenge is getting decentralized communities to agree on implementing them. “Public blockchains do not have CTOs; they are global communities governed by consensus,” wrote Zach Pandl, Grayscale’s head of…
Charles Schwab’s latest research on digital assets argues that cryptocurrencies’ place in a portfolio hinges less on return forecasts and more on how much risk an investor is willing to take. The report frames bitcoin BTC$69,132.12 and ether (ETH) as high-volatility assets that can quickly reshape a portfolio’s risk profile. “Any allocation to cryptocurrency is…
Bitcoin and U.S. stock futures surged Tuesday evening while oil prices collapsed after President Donald Trump confirmed a two-week ceasefire between Iran and the U.S. via Truth Social. BTC, the leading cryptocurrency by market value, rose to a high of $72,699, up 5% in 24 hours, according to CoinDesk data. The broader market followed suit…
Binance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for “a couple of billion dollars nonchalantly, as if he were asking for a bologna sandwich” during the phone call that preceded Binance’s attempt to acquire FTX in November 2022, and that he never had any intention of going through with it. “I didn’t have…
Former Biden economic advisers Ryan Cummings and Jared Bernstein would have you believe the decline in bitcoin’s price from its 2025 peak somehow vindicates their administration’s approach to cryptocurrency. A masterclass in selective memory, their February 26 New York Times opinion piece omits the most consequential fact about Biden-era crypto policy: it was not a…
