Broos's return to Mexico highlights the cyclical nature of sports careers, emphasizing the blend of nostalgia and strategic ambition in coaching.
The post Hugo Broos reflects on emotional World Cup return to Mexico appeared first on Crypto Briefing.
Geopolitical tensions from Iran-US strikes could destabilize global markets, heighten oil supply risks, and challenge regional political stability.
The post Iran-US military strikes escalate, impacting oil prices and market stability appeared first on Crypto Briefing.
Maffeo's move to Olympiacos strengthens their defense and highlights the Greek Super League's growing appeal for seasoned European talent.
The post Pablo Maffeo joins Olympiacos in €3M deal, set to travel to Greece on June 17 appeared first on Crypto Briefing.
Cardano (ADA) price is trading at $0.16, down by 4.02% over the past 24 hours as risk-off sentiment continued to weigh on the broader crypto market. The weakness was accompanied by declining participation, with 24-hour trading volume falling 18.14% to around $400 million, suggesting that buying interest remains subdued despite the recent selloff. Yet, beneath …
Argentina's comeback against Mexico revitalized their World Cup campaign, showcasing resilience and setting the stage for their ultimate triumph.
The post Argentina national football team rallies from bottom to win against Mexico appeared first on Crypto Briefing.
Escalating U.S.-Iran tensions could destabilize the Iranian regime, impacting regional security and global markets amid leadership uncertainties.
The post US strikes Iran after helicopter incident amid rising tensions appeared first on Crypto Briefing.
England's strategic management of Saka's fitness could impact their World Cup performance, highlighting the importance of squad depth.
The post Tuchel says England’s Saka needs careful management for World Cup appeared first on Crypto Briefing.
TSMC's growth underscores the pivotal role of AI in tech, but reliance on AI demand poses risks if market dynamics shift.
The post TSMC reports 30% rise in monthly sales amid AI infrastructure demand appeared first on Crypto Briefing.
Schmid's transfer highlights the growing influence of market valuation platforms in negotiations and underscores the active Swiss-Austrian player pipeline.
The post RB Salzburg signs Dominik Schmid for €3M, medical today appeared first on Crypto Briefing.
The lawsuit highlights the tension between rapid tech expansion and community well-being, potentially leading to stricter regulations and operational limits.
The post xAI and SpaceX face class action lawsuit over data center noise affecting thousands of residents appeared first on Crypto Briefing.
The founder of Capriole Investments has highlighted how Bitcoin is at the threshold of a zone that has historically provided the best long-term opportunities. Bitcoin Has Returned To Its Production Cost In a new post on X, Capriole Investments founder Charles Edwards has pointed out that Bitcoin is back at its Production Cost. The “Production Cost” here refers to an indicator that estimates the global average USD cost of producing one token of the cryptocurrency per day. Related Reading: Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC BTC uses a consensus mechanism called the proof-of-work (PoW) in which validators called miners compete against each other using computing power to gain the chance to add the next block to the chain. Today, the blockchain is so competitive that the average miner requires a ton of machines to have a shot at making revenue. Setting up mining farms can require a significant initial investment, but what determines whether the miner can earn an income is the cost required to keep these facilities running. A high amount of computing power is generally costly to run, with the main expense coming in the form of electricity bills. As the below chart shared by Edwards shows, the Bitcoin Production Cost is about $62,650 right now. This level is about where the spot price of Bitcoin also happens to currently be trading. Thus, if the estimate of the metric is anything to go by, miners are just breaking even on their operations. Following this development, BTC is now on the boundary of a zone that has been significant for the cryptocurrency in the past. “The best Long-term value opportunities have historically been between here and Electrical Cost, currently at $50K,” noted the analyst. The “Electrical Cost” here is the total cost that miners are paying for electricity alone. This level has served as a sort of lower boundary for Bitcoin over the various cycles. The Production Cost suggests that miners are under pressure at the moment. How are they reacting to this? An indicator that can be useful for following miner behavior is the Hashrate, tracking the total amount of computing power connected by these validators as a whole. Related Reading: XRP Could Offer Major Buying Opportunity At $0.90, Analyst Says According to data from CoinWarz, this metric has slumped recently. From the chart, it’s visible that the Bitcoin Hashrate currently has a value of about 837 exahashes per second (EH/s). During May, the indicator frequently touched the 1,000 EH/s mark, more than 19% higher than the latest level. Thus, it would appear that some of the miners have disconnected from the network in response to the bearish market. BTC Price At the time of writing, Bitcoin is trading around $62,400, down 9.5% over the past week. Featured image from Dall-E, chart from TradingView.com
“The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill.
Anthropic's IPO pipeline, not its new model, is what crypto traders should track.
Japan's megabanks' stablecoin plan could revolutionize digital payments, enhancing financial innovation and regulatory frameworks by 2026.
The post Japan’s three megabanks plan to jointly issue a stablecoin in 2026 appeared first on Crypto Briefing.
Craig Gordon's World Cup inclusion highlights the potential for seasoned athletes to inspire and redefine age norms in competitive sports.
The post Craig Gordon defies age for World Cup inspiration with Scotland appeared first on Crypto Briefing.
Escalating US-Iran tensions could heighten regulatory scrutiny on crypto markets, impacting investor sentiment and compliance burdens globally.
The post Iran’s Revolutionary Guards attack US base in Jordan and 21 Gulf targets, rattling crypto markets appeared first on Crypto Briefing.
TSMC's potential price hikes could intensify global tech costs, impacting industries reliant on advanced semiconductors and AI development.
The post TSMC signals possible price rises amid rising production costs appeared first on Crypto Briefing.
This potential deal could reshape US-Cuba trade dynamics, offering new opportunities for private sector growth amid ongoing energy crises.
The post Florida trading company nears deal to send Cuba largest US fuel cargo in decades appeared first on Crypto Briefing.
Solana failed to stay above $67 and corrected some gains. SOL price is moving lower and might aim for another increase if it stays above $63.00. SOL price started a downside correction below $66 against the US Dollar. The price is now trading below $65 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $66 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $63 zone. Solana Price Dips Again Solana price failed to stay above $67 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $66 and $65 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $60.12 swing low to the $67.90 high. There was a break below a bullish trend line with support at $66 on the hourly chart of the SOL/USD pair. The price even tested the $63.20 support. Solana is now trading below $65 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $65 level. The next major resistance is near the $66 level. The main resistance could be $67.20. A successful close above the $67.20 resistance zone could set the pace for another steady increase. The next key resistance is $68. Any more gains might send the price toward the $70 level. Downside Break In SOL? If SOL fails to rise above the $66 resistance, it could start another decline. Initial support on the downside is near the $63.10 zone and the 61.8% Fib retracement level of the upward wave from the $60.12 swing low to the $67.90 high. The first major support is near the $62.20 level. A break below the $62.20 level might send the price toward the $60 support zone. If there is a close below the $60 support, the price could decline toward the $55 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $63.10 and $62.50. Major Resistance Levels – $65.00 and $67.20.
XRP lost the $1.13 area on elevated volume, leaving traders focused on whether the latest selloff marks a final washout or the start of a deeper move toward $1.00.
The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.
China's use of commercial reserves highlights strategic caution, impacting global oil markets and fueling interest in decentralized finance solutions.
The post China taps commercial crude reserves amid Iran war supply shock appeared first on Crypto Briefing.
China's dominance in critical minerals threatens US infrastructure, sparking a trillion-dollar investment race.
The post Dan Dreyfus: The US faces a critical economic inflection point, demand for critical minerals is skyrocketing, and aging infrastructure threatens power supply | All-In Podcast appeared first on Crypto Briefing.
Geopolitical tensions and inflation concerns could drive market volatility, impacting currency stability, energy prices, and crypto investments.
The post Dollar steadies after US strikes on Iran as markets brace for inflation data appeared first on Crypto Briefing.
College football's governance failures are fueling gambling issues and threatening the sport's integrity.
The post Rob Stone: Wemby’s controversial style is a response to rough play, Spurs’ defense limits Brunson’s impact, and inconsistent officiating undermines game quality | Pardon My Take appeared first on Crypto Briefing.
The investigation highlights the urgent need for stricter enforcement of supply chain regulations to prevent funding of armed conflicts.
The post Global Witness claims Amazon, Sony sourced conflict-linked coltan from DRC appeared first on Crypto Briefing.
Bipartisan talks over the CLARITY Act News are starting to get messy, with ethics rules now turning into a major sticking point. According to journalist Eleanor Terrett, a Democratic source described the latest Senate meeting as “rocky,” saying Republicans and the White House pulled back from an earlier agreement made before last month’s Senate Banking …
Today, the entire crypto market is on edge as the U.S. Consumer Price Index (CPI) report is set to be released at 8:30 AM ET. Economists expect annual inflation to climb to 4.2%, its highest level since March 2023. With Bitcoin already struggling near $61,000, stronger-than-expected economic data could put more pressure on the price …
Net assets of U.S.-listed spot ETFs have fallen to levels last seen just after Trump won the election in early November 2024.
The ticket allocation issue highlights the complex interplay between international sports and geopolitical tensions, impacting fan participation.
The post Iran’s World Cup ticket allocation pulled days before tournament kicks off appeared first on Crypto Briefing.