This partnership enhances financial inclusion by providing a vast cash network for crypto users, potentially disrupting traditional remittance services.
The post MoneyGram and Kraken launch Bitcoin-to-cash withdrawals across 100 countries appeared first on Crypto Briefing.
XRP recovered from four-month lows on elevated volume, but the token remains trapped below key resistance levels even as ETF inflows and exchange outflows continue to build.
Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the market. However, this recovery seems to only be a stop-gap for now because, according to one analyst, there is something bad coming Bitcoin’s way and it’s going to happen today. Is A Black Monday In The Cards? Analyst WhaleTwits on the X (formerly Twitter) platform has sounded the alarm for what could be a Monday to remember for Bitcoin. This comes after the crash toward $59,000 last week as the market moved into the bearish territory once again, suggesting that the worst is not over. Related Reading: Dogecoin Could Rally 300x And Cross $20, Analyst Claims According to the crypto analyst, something bad is expected to happen to Bitcoin on Monday, which is today. However, this does not seem to be ‘bad’ in the sense that everyone expects. Instead, the crypto analyst is warning investors from panicking during this time. WhaleTwits explains that large investors and institutions are actually using this time during which investors are panicking to load up on their bags. If this is the case, it means that they are actually expecting the Bitcoin price to bottom soon and start recovering again. Could Bitcoin Stage A Repeat Of Silver’s Run? Talking about how high the Bitcoin price could climb, the analyst points out the Silver performance over the last year. Silver had seen an historical 600% run that left the market in awe, despite its large market cap. Pointing to this, the analyst suggests that the Bitcoin rally could be even more notable. Related Reading: XRP Pundit Says Pay Attention To This Pattern That Everyone Is Missing The chart shared with the post suggests that the Bitcoin price will bottom above $50,000. Once this bottom is confirmed, then the crypto analyst expects the pioneer cryptocurrency to see what they refer to as a “Parabolic Mark-Up.” The upper end of this trend puts the Bitcoin price at almost $500,000 before hitting a top. As for the timeframe, the chart shows that this will play out between 2026 and 2028, giving a 2-year timeframe for Bitcoin to complete what would no doubt be a historical move. Featured image from Dall.E, chart from TradingView.com
Traders betting against bitcoin lost $504 million over 24 hours as it bounced from below $60,000, though a fresh Iran-Israel flare-up pulled prices back on Monday.
The dollar's rise and Fed speculation could tighten financial conditions, impacting global markets and cryptocurrencies amid inflation concerns.
The post US dollar hits two-month high amid Fed rate hike speculation appeared first on Crypto Briefing.
Trump's pardon of Buyer may undermine public trust in political accountability and raise concerns about the influence of political connections.
The post Donald Trump pardons former congressman Steve Buyer for insider trading conviction appeared first on Crypto Briefing.
DoubleLine and Oaktree's strategy highlights the importance of cautious investment in AI debt, emphasizing fundamentals over speculative growth.
The post DoubleLine and Oaktree are buying debt to hedge against an AI credit bust appeared first on Crypto Briefing.
Extreme income inequality threatens societal stability, potentially leading to revolution or a police state.
The post Nick Hanauer: Big government harms small businesses, stagnant wages hinder ownership, and extreme inequality risks societal upheaval | The Diary of a CEO appeared first on Crypto Briefing.
SIREN has emerged as one of the strongest-performing AI-related tokens this week, climbing toward a critical resistance zone as traders aggressively increase leveraged bets. The price has surged over 48%, reaching $1.25 with a massive increase in the trading volume of over 450%. The latest rally comes alongside a sharp surge in Open Interest, suggesting …
Senator Cynthia Lummis is ramping up pressure on lawmakers as the CLARITY Act enters what could be its most decisive stage yet. “The CLARITY Act passed committee. The floor is next. We did not come this far to quit at the 5-yard line,” Lummis wrote in a June 8 post on X, signaling that the …
Illinois' pause on data center tax credits highlights the growing tension between energy demands and economic incentives, urging legislative action.
The post Illinois Governor JB Pritzker pauses data center tax credits amid electricity rate concerns appeared first on Crypto Briefing.
The CLARITY Act's progress highlights potential shifts in crypto regulation, impacting market dynamics and political discourse on digital assets.
The post Senator Angela Alsobrooks raises concerns on crypto market structure bill despite voting to advance it appeared first on Crypto Briefing.
The sanctions could isolate Iran further from global financial systems, impacting its economy and increasing geopolitical tensions.
The post US sanctions Iran’s Nobitex, targeting cryptocurrency infrastructure in ‘Economic Fury’ campaign appeared first on Crypto Briefing.
The escalation may lead to broader regional conflicts, affecting geopolitical stability and prompting international diplomatic interventions.
The post IRGC strikes Israeli air bases Nevatim and Tel Nof in retaliation: Fars appeared first on Crypto Briefing.
Knicks' potential title win could emphasize the importance of experience over youth in NBA success.
The post Adam Friedland: Late-game strategies often lead to poor shot selection, the critical role of point guards in clutch moments, and the impact of experience over youth in the NBA | Bill Simmons appeared first on Crypto Briefing.
BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk aversion in Asian stocks.
Fetch.AI's infrastructure could revolutionize autonomous transactions, potentially reshaping digital economies and AI-driven marketplaces.
The post Fetch.AI unveils full agentic infrastructure with Your Personal AI and Agentverse appeared first on Crypto Briefing.
The surge in AI compute costs highlights a transformative shift in tech infrastructure, impacting investment strategies and market dynamics.
The post SpaceX compute prices surge 50% in two weeks as Google signs $11B annual AI deal appeared first on Crypto Briefing.
Iran's threats to close key straits could destabilize global oil markets and impact cryptocurrency volatility, affecting global economies.
The post Iran threatens to close Bab al-Mandab Strait after Strait of Hormuz shutdown appeared first on Crypto Briefing.
Lubin's ETH move highlights the precarious balance in crypto markets, where large collateral shifts can signal stability or potential volatility.
The post Joseph Lubin moves 110,000 ETH to bolster Maker collateral against $259M DAI debt appeared first on Crypto Briefing.
The firm announced that the US securities regulator has declared its S-4 registration statement effective, bringing it closer to a SPAC merger with Cantor Equity Partners II.
Just a week after the strategy, the world’s largest corporate holder of bitcoin revealed its first BTC sale since 2022, and investors are once again questioning whether Michael Saylor’s company sold more BTC last week. A cryptic “32?” has sparked debate over whether Strategy is still buying the dip, or quietly reducing exposure. Saylor’s “32?” …
BTC has pulled back from overnight highs as escalating geopolitical tensions weigh over risk sentiment and send oil price higher.
Krishnan's departure may impact the continuity of US AI policy leadership, potentially affecting global AI competitiveness and tech partnerships.
The post Sriram Krishnan, top White House AI adviser, to leave administration at month’s end appeared first on Crypto Briefing.
Bitcoin's drop signals a shift in market sentiment, potentially undermining confidence in crypto as a stable investment amid economic shifts.
The post Bitcoin drops below $60,000 for first time since 2024 election appeared first on Crypto Briefing.
Heightened tensions risk destabilizing regional peace, potentially leading to broader military conflicts and impacting global diplomatic efforts.
The post Israeli military detects missiles from Iran, issues nationwide alert appeared first on Crypto Briefing.
Escalating US-Iran tensions near a vital oil route could destabilize global markets and prompt increased scrutiny of crypto in sanctions evasion.
The post US forces intercept Iranian missiles and drones near Strait of Hormuz, rattling global markets appeared first on Crypto Briefing.
MIT's self-evolving AI could revolutionize scientific discovery by enabling AI to autonomously adapt and innovate beyond preset rules.
The post MIT researchers develop self-evolving AI scientists for scientific discovery appeared first on Crypto Briefing.
Deregulation risks hidden vulnerabilities, potentially destabilizing the economy and echoing past financial crises, urging cautious oversight.
The post Federal Reserve’s Barr warns banking deregulation could trigger next financial crisis appeared first on Crypto Briefing.
Indian stocks are set for a cautious open on June 8 as rising Middle East tensions and a broad global market selloff weigh on sentiment. GIFT Nifty fell over 1%, while sharp declines across Asian markets, including South Korea and Japan, signaled a risk-off mood among investors. Higher crude oil prices and a rebound in …