Kiyosaki Eyes Gold, Silver Rebound as Hormuz Risks Keep Safe-Haven Case Alive

Robert Kiyosaki says he is watching gold, silver, Bitcoin (BTC), and Ethereum (ETH) for a technical reversal before buying, arguing that the macro backdrop, not falling prices, decides whether hard assets are worth holding. Precious metals extended a steep retreat this week, and a fresh dispute over the Strait of Hormuz tested a days-old US-Iran […]

Glassnode Engages with Bitcoin’s CVDD/Price Ratio as Market Metrics Shift

Glassnode recently highlighted Bitcoin’s CVDD/Price Ratio, which currently stands at 0.73 and is climbing. This engagement, noted in a tweet, reflects increased market interest in this critical price metric. The tweet garnered significant interaction, receiving 92 likes, 24 retweets, and 9 replies, indicating a robust discussion among traders and analysts. The Story So Far The […]

zkSync Faces Layoffs as Matter Labs Restructures Amid Crypto Market Shifts

In a recent update via Wu Blockchain, Matter Labs, the developer behind zkSync, has confirmed that it will be conducting layoffs. This announcement comes as part of a restructuring effort amidst a challenging cryptocurrency market environment. The news highlights the difficulties faced by many blockchain projects as they navigate current market conditions, as detailed in […]

Bitcoin’s Yield Trade Faces Pressure — CryptoSlate Reports Market Dynamics

Today, CryptoSlate reported significant developments in Bitcoin’s yield trade, revealing it has broken below par amid rising margin calls estimated at $10 billion. This situation places added pressure on figures like Michael Saylor, whose Bitcoin dividend model may face serious challenges. For more insights, refer to the original report from CryptoSlate. The Key Development The […]

Bitcoin Bulls Eye $67K As TradingView Analyst Tracks Channel Support Bounce

TL;DR Heniitrading says BTCUSDT bounced from channel support after a prior breakout. The chart places demand around $63,700 and supply near $67,000. A move into the $67,000 area would strengthen the short-term bullish case. BTCUSDT Channel Bounce Keeps Bulls Interested A June 20 TradingView idea from heniitrading presents a constructive short-term outlook for BTCUSDT. The […]

SpaceX frenzy cools as new cash wave awaits after IPO

SpaceX’s strategic bond offering post-IPO could stabilize its financial landscape, enhancing investor confidence and diversifying its asset exposure. The post SpaceX frenzy cools as new cash wave awaits after IPO appeared first on Crypto Briefing.

Kraken To Launch First CFTC-Regulated Crypto Perpetual Futures In The US

Kraken is preparing to bring one of crypto’s most heavily traded derivatives products into a regulated US framework, with the exchange saying eligible clients will soon be able to access CFTC-regulated perpetual futures through Bitnomial. TL;DR Kraken says the products are expected to launch within the next 30 days. The contracts will be listed on […]

Market Dynamics Shift — Cointelegraph Reports $3B in Longs

Cointelegraph recently highlighted that there are only $3 billion in long positions on the yearly liquidation map, a significant observation for traders. This information, shared through their official Twitter account, sheds light on current market dynamics and trading sentiment. What Went Down The crypto market is currently navigating mixed signals, with various assets showing fluctuating […]