JPMorgan raises KOSPI bull case target to 8,500 on memory chip boom, and crypto may feel the squeeze

The KOSPI’s potential surge highlights South Korea’s pivotal role in the AI-driven memory chip market, but geopolitical risks loom large. The post JPMorgan raises KOSPI bull case target to 8,500 on memory chip boom, and crypto may feel the squeeze appeared first on Crypto Briefing.
Ethereum Price Tries To Extend Gains, $2,420 Stands In The Way

Ethereum price started a fresh increase above the $2,320 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a decent upward move from the $2,265 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support […]
Trump rejects Iran ceasefire, escalating US-Iran tensions

Heightened US-Iran tensions could destabilize the Middle East, impacting global oil prices and increasing geopolitical risks. The post Trump rejects Iran ceasefire, escalating US-Iran tensions appeared first on Crypto Briefing.
Why Is Strategy Valuable? CEO Says MSTR Is More Than Its BTC Holdings

Strategy President and CEO Phong Le said the company’s value extends beyond its bitcoin holdings because of its enterprise software operations, compliance infrastructure, and global scale. Strategy reported its strongest software quarter in a decade, including 59% cloud revenue growth and more than 3,000 customers worldwide. Why Strategy Says Its Value Extends Beyond Bitcoin Holdings […]
Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout

Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming […]
Private-credit firms report decline in returns amid Fed rate cuts

Private-credit firms may face increased financial strain as declining yields and potential higher defaults challenge their profitability. The post Private-credit firms report decline in returns amid Fed rate cuts appeared first on Crypto Briefing.
Jack Dorsey aims to make Bitcoin everyday money through Block initiatives

Block’s initiatives could redefine Bitcoin’s role in everyday transactions, potentially accelerating mainstream adoption but facing regulatory hurdles. The post Jack Dorsey aims to make Bitcoin everyday money through Block initiatives appeared first on Crypto Briefing.
Beijing confirms Trump state visit and Xi summit for May 14-15

The summit’s outcome could significantly impact crypto markets, influencing Bitcoin mining costs and broader digital asset sentiment. The post Beijing confirms Trump state visit and Xi summit for May 14-15 appeared first on Crypto Briefing.
Why CLARITY Act Matters: Grayscale Sees Next Phase for Digital Assets

Grayscale outlined why it believes the CLARITY Act matters for crypto regulation and how the bill could affect digital asset markets. The firm said the proposal could shift oversight away from enforcement-led regulation and toward clearer rules for regulators, developers and investors. Grayscale Frames CLARITY Act as a Crypto Rulebook Crypto asset manager Grayscale Investments […]
Iran crisis disrupts Strait of Hormuz, insurance withdrawal impacts shipping

The disruption in the Strait of Hormuz highlights vulnerabilities in global energy supply chains, potentially driving long-term shifts in trade routes. The post Iran crisis disrupts Strait of Hormuz, insurance withdrawal impacts shipping appeared first on Crypto Briefing.