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Bitcoin is on the cusp of falling below $70,000 for the first time since Wednesday, after climbing as high as $74,000 earlier this week. The decline reflects a broader risk-off shift in markets as investors position ahead of key U.S. macroeconomic data and the developing war in Iran.For now, attention is focused on the U.S. jobs report due at 13:30 UTC. The unemployment rate is expected to remain unchanged at 4.3% while nonfarm payrolls are forecast to drop to 59,000. Labor market data is closely watched because it can influence expectations around Federal Reserve interest-rate policy, often leading investors to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase is facing a new legal challenge, this time from its own shareholders. A derivative lawsuit has been filed against members of the company’s board, including CEO Brian Armstrong, accusing them of breaching fiduciary duties and violating federal securities laws between 2021 and 2023. Coinbase Directors Accused Of Misleading Investors The complaint, detailed in a social media post by pro-crypto attorney Bill Hughes, alleges that during that time frame, Coinbase’s directors and senior executives caused the company to issue public statements and disclosures that were materially false…
Dubai’s digital assets regulator said cryptocurrency exchange KuCoin has been operating without the necessary regulatory approvals and licensing, and must cease and desist from serving clients in the region.“Kucoin does not hold any licence to provide virtual asset services in/from Dubai. Any activities related to Virtual Assets advertised or conducted by this company are therefore in breach of the VARA Regulations,” the Virtual Assets Regulatory Authority (VARA) said in a statement.“Any promotion, advertising, or solicitation related to Kucoin has not been approved by VARA, and the company is therefore not allowed to offer, promote, or market any Virtual Asset products…
The investment banking arm of JPMorgan Chase is predicting a significant rally for one commodity amid the ongoing Middle East conflict. According to J.P.Morgan’s co-head of economic research, Joseph Lupton, the military operation against Iran by the US and Israel might not only send the prices of oil and gold higher, but may also push aluminum higher. “Aluminum is another market to watch, given that the Middle East is a major producer and exporter of the base metal. In 2025, the region had a net exportable surplus of 5 million metric tons (mmt) of primary aluminum, which accounted for nearly…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have submitted rule proposals to the White House to oversee the crypto industry and prediction markets, advancing their efforts to provide clarity and regulate emerging markets. SEC Advances Crypto Taxonomy Plans This week, Wall Street’s main financial regulators, the SEC and the CFTC, stepped up their efforts to provide formal rules and fully establish a welcoming approach by presenting their rule plans for crypto assets and prediction markets to the White House for review,…
Bitcoin got to $74,000 and ran out of further buying pressure.The largest cryptocurrency pulled back to $70,987 by mid-day East Asia time, down 2.2% over the past 24 hours after Thursday’s surge carried it to its highest level since early February. The rally from Saturday’s war-driven low near $64,000 to Thursday’s $74,000 peak amounted to roughly 15% in five days, but the retreat since has given back about a third of that move.Chart watchers such as FxPro chief analyst Alex Kuptsikevich pointed to the rejection coincided with the 61.8% Fibonacci retracement and just below the 50-day moving average, two technical…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is showing renewed strength after reclaiming the $70,000 level, a move that has helped stabilize sentiment following weeks of heightened volatility and uncertain market direction. The recovery comes as several structural indicators begin to shift in favor of a more constructive market environment, suggesting that the recent correction may be transitioning into a new phase. According to analysis from Axel Adler, multiple regime and structural indicators have moved into positive territory simultaneously for the first time in nearly three months. The report highlights the behavior of…
XRP moved lower after another rejection near resistance, with rising volume confirming sellers remain in control of the short-term trend.News BackgroundXRP has struggled to regain momentum since its July 2025 peak, continuing to trade within a broader corrective structure. The token remains roughly 60% below that high as market participants debate whether the current consolidation represents accumulation or continuation of the downtrend.Institutional positioning has offered mixed signals. Spot XRP ETFs have accumulated roughly $1.24 billion in inflows over the past four months, while on-chain data shows large wallets adding to positions during recent dips. At the same time, derivatives activity…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The fund behind the product has history with this asset class. Toronto-based 3iQ debuted one of the world’s first publicly traded spot Bitcoin funds back in 2021, well ahead of US regulators, who didn’t greenlight comparable products until early 2024. That fund crossed $1 billion Canadian dollars in assets under management — a milestone made more striking by how small Canada’s overall ETF market is compared to its southern neighbor. Now 3iQ is back, this time with a major bank at its side. Dynamic Funds, the asset…
Bitcoin BTC$70,476.32 and global equity markets have stabilized after an early-week sell-off and oil price spike that was triggered by the outbreak of military conflict between the U.S., Israel, and Iran. Bond markets, however, are signaling caution, as rising yields signal renewed inflation concerns and dwindling bets on Fed rate cuts.BTC, the leading cryptocurrency by market value, traded above $70,000 Friday, up nearly 10% for the week. Prices briefly climbed to nearly $74,000 Wednesday after dropping to around $65,000 over the weekend as geopolitical tensions rattled markets.The rebound has been mirrored in equity futures. Contracts tied to the S&P 500…