Bitcoin traded near $64,000 on Tuesday, recovering from earlier losses as investors prepared for one of the most uncertain U.S. Federal Reserve meetings in years. While AI-driven technology stocks extended their recent decline, the leading cryptocurrency remained relatively stable, reinforcing expectations that Bitcoin may be less sensitive to the upcoming interest rate decision than traditional […]
SK Hynix released its second-quarter financial results today, reporting a surge in profit and revenue. However, the numbers still missed analyst estimates. The firm posted revenue of 79.3 trillion won, below LSEG SmartEstimates of 84 trillion won. Operating profit reached 60.54 trillion won, short of the 64 trillion won expected. AI Demand Powers A Record […]
Coinbase is looking to bring more of its U.S. crypto products to Canada, including derivatives, decentralized finance (DeFi) services, and tokenized assets, but the company says Canadas regulatory framework must evolve before that vision can become a reality. Speaking at the Blockchain Futurist Conference in Toronto, Coinbase Canada CEO Eric Richmond said the exchange aims […]
Zcash’s Ironwood upgrade is now live, marking a significant milestone for the privacy-focused cryptocurrency. This upgrade introduces a new shielded pool and enhances transaction security, as highlighted by a tweet from Gemini, which supports ZEC deposits and withdrawals for shielded transactions. This improvement could attract more users to Zcash as the market continues to evolve. […]
Near Protocol (NEAR) has lost the technical structure that supported its recovery over the past two months, raising concerns that the cryptocurrency could face additional downside. After weeks of consolidating above major moving averages, NEAR has broken below critical support, signaling a shift in momentum from buyers to sellers. The token is currently trading near […]
Ethereum (ETH) remains on a steady recovery path despite a minor pullback, with the second-largest cryptocurrency trading just below the $1,900 mark as investors watch for another attempt to break above the key $2,000 resistance level. The recent price action suggests buyers continue to control the trend, even as ETH struggles to overcome a significant […]
XRP is approaching one of its most important psychological support levels as bearish momentum continues to dominate the market. After failing to sustain its latest recovery, the cryptocurrency has broken below a tightening symmetrical triangle pattern and is now trading near $1.06, placing the key $1.00 support level in focus. The recent breakdown confirms a […]
The joint strike may escalate regional tensions, altering U.S.-Iran dynamics and impacting Gulf state security and market stability. The post US-Saudi joint strike targets Iran-backed groups in Iraq appeared first on Crypto Briefing.
Some economists want Federal Reserve Chair Kevin Warsh to raise interest rates at today’s meeting. They argue the central bank’s 2025 cuts left policy too loose, even as inflation sits above target. Joe Lavorgna makes that case directly. He serves as chief economist for the Americas at SMBC Nikko Securities America. Lavorgna says the Fed […]
A sweeping wave of forced liquidations ripped through crypto derivatives markets over the past 24 hours, with Bitcoin (BTC) alone seeing roughly $15.44 billion in positions wiped out—an event that traders framed less as a simple price dip and more as a rapid unwinding of overcrowded ‘leveraged long’ bets. The liquidation shock was not confined […]
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