market

Crypto Market Braces as Iran Considers Hormuz Closure

Crypto Market Braces as Iran Considers Hormuz Closure

The entire crypto space is under tremendous strain. Iran’s Majlis (parliament) has only recently passed a measure allowing for the blockade of the Strait of Hormuz. This strategic waterway, which carries almost a quarter of the world’s oil shipments, is critical to the global oil supply. That proposal to close...

Bitcoin Recovers to $102,000 Amidst Volatile Trading Session

Bitcoin Recovers to $102,000 Amidst Volatile Trading Session

Bitcoin showed strong price action in an active trading day, bouncing back to more than $102,000 after even piercing through $100,000. The cryptocurrency was subjected to atypical, high volume trading, and agitated market participants pounced on the move immediately. This surge in activity propelled Bitcoin's price upwards, highlighting its dynamic...

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

Crypto Market Faces Turbulence Amid Nobitex Hack and Regulatory Developments

The crypto market is still fighting an ascetic regulatory environment. This new industry faces considerable headwinds posed by intensified geopolitical tensions, tightening regulatory environment, and a recent cyberattack on Iranian crypto exchange Nobitex. This confluence of factors has led to heightened market volatility, with Bitcoin continuing to show strength as...

Crypto Market Reacts as Bitcoin, Ethereum Retreat Amidst Global Uncertainty

Crypto Market Reacts as Bitcoin, Ethereum Retreat Amidst Global Uncertainty

Bitcoin and Ethereum saw a bearish turn when sentiment changed due to circumstances such as geopolitical tensions and macroeconomic conditions. The recent crypto market liquidation event underscores the volatility and risk in the rapidly changing market of digital assets.Bitcoin continued its downward trajectory, posting an intraday low of $103,396.53 and...

Ether's Resilience Shines Amidst Geopolitical Uncertainty

Ether's Resilience Shines Amidst Geopolitical Uncertainty

As the market storm continues to shake things with increased geopolitical tensions, Ether (ETH) is showing impressive strength as it trades above $2,540. The cryptocurrency’s hot streak is being supported by bullish technicals and healthy trading volume, both of which suggest a return of bullish momentum and investor confidence.Siamak Masnavi,...

Market Greed vs Crypto Fear: Why Sandbox, BSV, DeXe Defy the Downturn

Market Greed vs Crypto Fear: Why Sandbox, BSV, DeXe Defy the Downturn

The market's a rollercoaster, isn't it? One minute, you’re planning your next victory. Then next, you’re looking at a wall of red and wondering why you didn’t listen to your gut. We are constantly bombarded with "expert" opinions, technical analyses, and Fear & Greed Indexes flashing "Extreme Greed" even as...

Crypto Market Slides Amidst Rising Global Uncertainty

Crypto Market Slides Amidst Rising Global Uncertainty

The crypto market was dealt a heavy blow as the situation in Eastern Europe escalated, leading to a broader market selloff. Bitcoin, Ethereum and XRP were all down over 10%. Consequently, the total cryptocurrency market cap decreased by 3.7 percent within 24 hours. Although the crypto market is up significantly...

Gensler's Gone: How SEC's Crypto Reversal Impacts Your Portfolio Now

Gensler's Gone: How SEC's Crypto Reversal Impacts Your Portfolio Now

Finally, the winds are shifting. After what seemed like a lifetime under Gary Gensler’s enforcement-focused SEC, the agency is finally coming to a screeching halt. Now, perhaps unsurprisingly, they’re backpedaling on some of their most aggressive crypto regulations. Don't uncork the champagne just yet. Don’t take this as a sure...

Israel Strikes Iran: Crypto Market Plunges. What's Next?

Israel Strikes Iran: Crypto Market Plunges. What's Next?

Just two days later, the entire crypto market tanked massively due to Iranian retaliation after Israeli strikes on Iran. This escalation has increased geopolitical tensions and rattled investor confidence globally. Julien Duval, a market analyst with years of experience, notes that this selloff started immediately during the Asia trading hours....

Crypto Market Plunges Amidst Geopolitical Tensions as Israel Strikes Iran

Crypto Market Plunges Amidst Geopolitical Tensions as Israel Strikes Iran

On Friday, June 13, the cryptocurrency market experienced a major crash. This decline was caused by the significant increase in geopolitical tensions following Israel’s significant military campaign around Iran. That market crash came at a moment when fears were already elevated due to the threat of retaliatory measures and increased...

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