The blockade&#8217;s prolonged impact could tighten global oil supply, potentially 
driving prices up and affecting international market stability.
The post US Navy blockade halts Iran oil exports, impacts China supply chain 
appeared first on Crypto Briefing.

US Navy blockade halts Iran oil exports, impacts China supply chain

The talks could catalyze broader regional diplomacy, impacting markets and 
potentially leading to further Middle East peace initiatives.
The post Trump to host Israeli, Lebanese leaders at White House for talks by 
April 19 appeared first on Crypto Briefing.

Trump to host Israeli, Lebanese leaders at White House for talks by April 19

Daily profits from Bitcoin sales are climbing fast — and analysts say a key 
threshold could determine whether the current rally has legs or runs out of 
steam. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As 
SEC Softens Position On Interfaces Profit-Taking Still Below Danger Zone 
Realized daily profits are hovering around $500 million, according to 
blockchain data firm CryptoQuant. That number matters because $1 billion has 
historically marked the point where local price peaks tend to form. Reports 
from CryptoQuant indicate that if Bitcoin pushes closer to its realized price 
of $76,800, that $1 billion ceiling could be breached — and that is when 
selling pressure tends to build fast enough to stop a rally cold. Bitcoin 
touched $76,052 on Coinbase earlier this week, its highest level since early 
February. The move drew attention across crypto markets, where investors had 
been watching for signs of a recovery. Hopes for a sustained climb were partly 
tied to signals that the conflict involving Iran may be winding down, giving 
risk assets some breathing room. Exchange Inflows Hit A Multi-Month High What 
happened next raised a flag. As prices climbed, the amount of Bitcoin flowing 
into exchanges surged. Hourly inflows hit 11,000 BTC — the highest recorded 
since December. Large inflows like that typically mean one thing: holders are 
moving coins into position to sell. The average size of each deposit also 
jumped. At 2.25 BTC per transaction, it reached its highest point since July 
2024. CryptoQuant pointed to a similar pattern in January, when average 
deposits climbed to around 2 BTC just before Bitcoin dropped from $100,000 to 
roughly $60,000 over the following weeks. That comparison is not lost on 
analysts watching the current move. Data shows the $76,800 level carries added 
weight because it represents the average price at which all existing Bitcoin 
last changed hands — what analysts call the realized price. When an asset 
trades near that level, many holders find themselves close to breaking even. 
The temptation to exit is strong. CryptoQuant says that dynamic capped 
Bitcoin&#8217;s upward move in January, and conditions now are similar enough that 
it could happen again. Related Reading: Bitcoin Could Hit $85K Before April 
Ends, Analyst Says Support Level Waits Below A lower band sits at $67,600, 
which CryptoQuant identifies as near-term support if the rally stalls and 
prices pull back. That gives the market a fairly wide range to work with 
before anything more serious would need to be reassessed. For now, the data 
suggests the rally is at its first real test. Selling activity is rising but 
has not yet crossed the levels that typically precede a sharper reversal. 
Whether buyers can absorb the supply hitting exchanges in the days ahead will 
likely decide which direction Bitcoin heads next. Featured image from Pexels, 
chart from TradingView

Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts

Negotiations over the U.S. CLARITY Act, a sweeping digital asset market 
structure bill, have entered their final stage, with JPMorgan analysts saying 
the number of disputed issues has fallen from more than a dozen to just two or 
three core…

CLARITY Act stablecoin deal nears as lawmakers resolve final yield fight

Hyperbridge said its Token Gateway exploit was about 10 times worse than first 
reported, revising realized losses to roughly $2.5 million.
The post Polkadot linked Hyperbridge exploit losses jump to $2.5 million 
appeared first on Crypto Briefing.

Cryptocurrency price in MMK