Treasury Secretary Scott Bessent's call for the Fed to hold off on rate cuts reflects a problem that reaches far beyond Washington: war-driven inflation is keeping the door to cheaper money shut. Reuters reported that Bessent urged caution because the Iran conflict is lifting fuel costs and complicating the inflation outlook.
Bitcoin jumped more than 5% to nearly $74,900 on Monday as markets reacted to signals that US-Iran peace talks could resume, triggering a short squeeze and lifting the broader crypto market.
A cryptocurrency analyst identified $43,647 as Bitcoin's (CRYPTO: BTC) “extreme pain” threshold where sellers would be fully exhausted. Will Weak Hands Exit If This Support Breaks?
The Bitcoin bulls have finally done it. A breakthrough of the 7-month downtrend, and a hold above the strong $74K resistance is an excellent beginning to what could become a full-scale trend change.
Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin's value.
Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company's promotional content.
Peter Schiff continues to call Bitcoin the "worst-performing investment for most HODLers."
UK Liberal Democrats called on the FCA to examine Nigel Farage's Stack BTC promotion as scrutiny grows over crypto conflicts and political donations.
Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week.
U.S. spot Bitcoin (BTC) ETFs swung back to net outflows on Monday, signaling renewed caution among investors after two sessions of inflows and highlighting persistent churn in some of the largest products—most notably Fidelity's fund. According to SoSoValue data for April 13 local time (April 13 ET), the U.S. spot Bitcoin ETF market recorded a daily net outflow of $291.11 million.
The cryptocurrency market experienced turbulence over the weekend following Vice President J.D. Vance's departure from Pakistan without securing a peace agreement with Iran.
A groundbreaking whitepaper from Google has sent shockwaves through the cryptocurrency community, revealing that quantum computing technology could compromise Bitcoin transaction security in as little as nine minutes. Published March 30 by Google's Quantum AI division, the research provides a sobering timeline for when this theoretical threat could materialize into reality.