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As tensions flare once again between Iran, Israel, and the U.S., social media, especially on crypto social media X (or Crypto Twitter), fears that Tehran could shut down the Strait of Hormuz, a vital oil chokepoint. Such a move, many worry, could send oil prices and global inflation soaring and roil financial markets, including bitcoin.However, those concerns may be exaggerated, according to some observers.Early Saturday, Israel and the U.S. launched airstrikes on Iran, aiming to dismantle the nation’s nuclear facilities and missile capabilities after failed negotiations. Iran retaliated by firing ballistic missiles at Israel and the U.S. bases in the…

Bitcoin price struggles persist as the premier cryptocurrency is yet to break above the key $70,000 resistance zone, suggesting the market remains at risk of a deeper correction. Notably, popular market analyst Yonsei_dent has shared an observation that backs these bearish investors’ expectations. Bitcoin Supply In Profit Metric Shows Potential 75% Drawdown  In a Quicktake post on CryptoQuant, Yonsei_dent has identified a potential price bottom of the present market cycle, considering the meltdown in recent months. Since October, the leading cryptocurrency has lost over 45% of its market value, with prices dropping as low as $60,000 from an all-time high…

The digital dating giant Tinder has agreed to pay millions of dollars to settle a lawsuit accusing it of discriminating against users based on their age. According a newly updated settlement administrator’s portal, Tinder will pay $60.5 million to settle allegations that it charged higher prices to older users in California. The class action lawsuit, which was filed in May of 2015, alleged that Tinder’s practice of charging higher prices to older users violated California’s laws. After attorneys’ fees, litigation and other administrative costs are deducted, around $39.72 million will be shared among Tinder subscribers who were affected over a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price performance was quite disappointing over the past month. The flagship cryptocurrency has struggled to break sustainably above $70,000 throughout February, with prices only reaching $71,000 before facing sharp reversals. It, then, becomes intuitively evident that this price region might be a key level acting as resistance to Bitcoin’s bullish attempts. Below are some other crucial levels to watch for in March and what they could potentially mean for the Bitcoin price. BTC Realized Price Sits At $54,600 – What This Means  In a Quicktake…

ETH falls to $1,859 amid Israel–Iran conflict while Machi Big Brother is liquidated again and major holders reduce reserves.A sharp rise in Middle East tensions pushed Ethereum into another deep pullback, and it triggered heavy liquidations across leveraged traders. The market reaction intensified after reports confirmed new military actions involving the United States, Israel, and Iran.Geopolitical Escalation Triggers Sharp Ethereum PullbackEthereum’s price fell as reports confirmed a coordinated military strike on Iran by Israel and the United States. According to Reuters, Israel launched a pre-emptive operation aimed at removing perceived threats linked to Iran’s nuclear and missile programs. The United…

Mark Karpelès thought he had a reasonable ask. The former CEO of defunct exchange MtGox, operating under his GitHub handle MagicalTux, submitted a pull request to Bitcoin Core over the weekend proposing a hard fork (a fundamental change in code that splits the blockchain) that would let 79,956 BTC be redirected from the address they’ve been sitting in since 2011. At current prices, that’s roughly $5 billion in bitcoin that hasn’t moved in 15 years.The proposal was narrow, with just under 60 lines of code. A single consensus rule change that would substitute one public key hash for another when…

JPMorgan Chase has accused a customer of fraud after he tried to deposit a legitimate annuity check tied to his father’s death in the September 11th attacks, according to a new report. Malik Washington, a 28-year-old New York resident, walked into the Chase branch on January 9th to cash the check, reports News 12. It came from an annuity his mother, Kiesha Washington, set up for her children after their father died on 9/11. Washington says he had successfully deposited similar checks at the same bank before. But this time, staff questioned his motives and flagged it as fraudulent. He…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Twelve years is a long time to wait. For thousands of people who lost their Bitcoin when the Mt. Gox exchange collapsed in 2014, the wait has stretched on with little hope of getting everything back. Now, the man who ran the exchange is pushing for an extraordinary solution — one that would require changing Bitcoin itself. A Proposal That Shakes Bitcoin’s Foundation Mark Karpelès, Mt. Gox’s former boss, submitted a formal proposal on GitHub last Friday calling for a hard fork — a fundamental change to…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…

If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers on Twitter, his musings are widely reported in other media. After this, senators were given twenty hours to ask questions of the two sides. Anthony Zucker:…