Author: John Smith
Trump says Iran war oil spike will ‘drop like a rolling stone’ once fighting ends, even as crude stays above $100 and crypto trades through the turmoil. Summary Trump dismisses Iran war oil spike as budget “negligible” while crude trades above $100. He signals more strikes are possible even as he claims to spare key Iranian oil infrastructure. Bitcoin and Ethereum rally, reinforcing the “digital macro hedge” narrative despite still behaving like high‑beta risk assets. Trump is again trying to sell markets on the idea that the Iran war–driven oil spike is temporary, even as crude trades comfortably above the…
Bitcoin price rallied to a 5-week high of $74,157 on Monday morning amid institutional and whale accumulation. Can the bellwether climb past the $75,000 psychological support level ahead of the Federal Reserve interest rate decision set to be revealed later this week? Summary Bitcoin price rose to a five-week high of $74,157 as institutional inflows and whale accumulation pushed the asset higher. U.S. spot Bitcoin ETFs have attracted $2.1 billion in inflows over the past three weeks, while large wallets increased their share of the total supply. Markets are now watching the $75,000 resistance level ahead of the Federal Reserve…
The crypto market rose 3.5% to $2.6 trillion on Monday, March 16, as investors returned to risk assets after rotating from traditional hedges. Summary The crypto market rallied as Bitcoin surpassed the $74K resistance as investors rotated away from traditional safe-haven assets. Demand for crypto ETFs returned with $1.34 billion in inflows into spot Bitcoin ETFs and nearly $180 million in inflows into Ether-linked funds this month. The Crypto Fear and Greed Index has moved back to neutral levels. Bitcoin (BTC), the world’s leading crypto asset, rallied 4% to break above the $74,000 resistance level for the first time in…
Three Democratic senators have said they will oversee the Justice Department’s investigation into crypto exchange Binance over possible violations of U.S. sanctions tied to Iran-linked transactions. Summary Three Democratic senators said they will oversee the Justice Department’s investigation into whether Binance was used to facilitate transactions linked to Iran and evade U.S. sanctions. The inquiry follows a Wall Street Journal report that federal investigators are examining more than $1 billion in crypto transfers that may have moved through the exchange. In a joint statement released Thursday, Senators Elizabeth Warren, Chris Van Hollen, and Ruben Gallego vowed to conduct oversight of…
The price of Pi Network surged more than 30% on March 13 after a fresh exchange listing and growing anticipation around the project’s upcoming Pi Day event. Summary Pi Network’s token surged more than 30% after being listed on Kraken. A mainnet protocol upgrade and Pi Day hype are adding to bullish sentiment. Technically, $0.30 is the next resistance, while $0.25 acts as key support. According to data, the token climbed roughly 31% in a single day, driven primarily by the listing of PI on Kraken, one of the largest global crypto exchanges. The listing significantly expanded trading access to…
The price of Bitcoin climbed to a weekly high on March 13, defying geopolitical concerns tied to rising tensions between the United States and Iran. Summary Bitcoin price reached a weekly high near $72,000, holding above the $70K level. Negative funding rates on Binance suggest many traders are still shorting the rally. A potential short squeeze could push BTC toward $75K if the rebound continues. Bitcoin (BTC) was trading around $71,400, up about 1.2% on the day, according to the chart data, after briefly touching an intraday high near $72,000. The move pushed the world’s largest cryptocurrency back above the…
Ethereum’s price rallied to a weekly high of $2,144 on Friday following the strong debut of investment manager BlackRock’s staked Ethereum ETF. Summary Ethereum price broke past the $2,100 resistance level on March 13. BlackRock’s staking ETF ETHB pulled in $15.5 million in trading volume on launch day. A bullish SMA crossover is close to confirmation on the daily chart. According to data from crypto.news, Ethereum (ETH) price shot up nearly 6% to $2,144 during Friday morning Asian time before stabilizing around $2,100 at the time of writing. At this valuation, the second-largest crypto asset by market cap sits 11%…
The price of XRP is stabilizing near a key technical level even as institutional flows weaken, raising questions about the token’s next move. Summary XRP spot ETFs recorded about $6.08 million in daily net outflows, signaling softer institutional demand. The token is trading around $1.41, consolidating after falling from highs near $1.90 earlier this year. Momentum indicators such as the RSI near 50 and a rising Awesome Oscillator suggest bearish pressure may be fading. The Ripple token (XRP) was trading around $1.41 on March 13, gaining roughly 2.4% on the day, according to data from Crypto.News. The token has been…
Ethereum co-founder Vitalik Buterin has clarified the circumstances surrounding his massive 2021 crypto donation to the Future of Life Institute, while distancing himself from some of the group’s more recent policy approaches toward artificial intelligence. Summary Vitalik Buterin clarified that his massive donation to the Future of Life Institute came from SHIB tokens sent to him during the 2021 memecoin boom. The institute reportedly converted roughly $500 million worth of SHIB despite Buterin expecting only a small portion could be sold. Buterin warned that centralized AI safety policies and large-scale lobbying efforts could create geopolitical tensions and unintended consequences. Vitalik…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Every smart contract platform has a fee asset baked in. For example, Ethereum (ETH) has ETH, Solana (SOL) has SOL, but with Bitcoin (BTC), however, things get messy. If you want expressive apps, you usually end up adopting a second network’s economics. Summary Bitcoin doesn’t price computation, only block space. Unlike Ethereum or Solana, BTC’s fee market is built around sat/vB for transaction inclusion, not metering smart contract execution. Execution can move off-chain while settlement stays on…