Iran&#8217;s new system in the Strait of Hormuz could disrupt global oil trade, 
elevate geopolitical tensions, and impact cryptocurrency markets.
The post Iran implements tiered system for vessel passage through Strait of 
Hormuz, accepts Bitcoin for fees appeared first on Crypto Briefing.

Iran&#8217;s new system in the Strait of Hormuz could disrupt global oil trade, elevate geopolitical tensions, and impact cryptocurrency markets. The post Iran implements tiered system for vessel passage through Strait of Hormuz, accepts Bitcoin for fees appeared first on Crypto Briefing.

Iran implements tiered system for vessel passage through Strait of Hormuz, accepts Bitcoin for fees

The UK&#8217;s failed proposal highlights ongoing trade tensions and underscores the 
EU&#8217;s leverage, impacting UK industries and market dynamics.
The post UK proposes single market for goods with EU, gets promptly turned 
down appeared first on Crypto Briefing.

The UK&#8217;s failed proposal highlights ongoing trade tensions and underscores the EU&#8217;s leverage, impacting UK industries and market dynamics. The post UK proposes single market for goods with EU, gets promptly turned down appeared first on Crypto Briefing.

UK proposes single market for goods with EU, gets promptly turned down

Iran&#8217;s new system may disrupt global oil supply, heighten geopolitical 
tensions, and challenge maritime navigation freedom in the region.
The post Iran implements tiered system for vessel passage through Strait of 
Hormuz appeared first on Crypto Briefing.

Iran&#8217;s new system may disrupt global oil supply, heighten geopolitical tensions, and challenge maritime navigation freedom in the region. The post Iran implements tiered system for vessel passage through Strait of Hormuz appeared first on Crypto Briefing.

Iran implements tiered system for vessel passage through Strait of Hormuz

The U.S. Securities and Exchange Commission has approved Nasdaq to list cash- 
settled bitcoin index options on the Philadelphia Stock Exchange, opening a 
new derivatives gateway for institutional investors who want regulated bitcoin 
exposure without custody complications. What Cash-Settled Means And Why It 
Matters The Securities and Exchange Commission (SEC) approved Nasdaq’s 
application to list European-style, […]

The U.S. Securities and Exchange Commission has approved Nasdaq to list cash- settled bitcoin index options on the Philadelphia Stock Exchange, opening a new derivatives gateway for institutional investors who want regulated bitcoin exposure without custody complications. What Cash-Settled Means And Why It Matters The Securities and Exchange Commission (SEC) approved Nasdaq’s application to list &#8230;

SEC Greenlights Nasdaq’s Cash-Settled Bitcoin Index Options, CFTC Approval Is the Final Hurdle

While major cryptocurrencies remain mired in a prolonged slump, the native 
token of the decentralized exchange Hyperliquid has surged to a record high. 
Data from CryptoSlate showed that HYPE crossed $60 for the first time, 
reaching as high as $62. This marks a 120% year-to-date gain and propels its 
market capitalization above $15 billion. This comes […]
The post HYPE’s path to $100 runs through Hyperliquid becoming crypto’s on- 
chain Wall Street platform appeared first on CryptoSlate.

While major cryptocurrencies remain mired in a prolonged slump, the native token of the decentralized exchange Hyperliquid has surged to a record high. Data from CryptoSlate showed that HYPE crossed $60 for the first time, reaching as high as $62. This marks a 120% year-to-date gain and propels its market capitalization above $15 billion. This &#8230;

HYPE’s path to $100 runs through Hyperliquid becoming crypto’s on-chain Wall Street platform

Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to 
bottom. He alluded to historical performance, which shows that BTC has never 
bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before 
Touching This Level In an X post, Chain Mind indicated that the Bitcoin price 
is unlikely to bottom out without first touching the EMA300. He noted that BTC 
has never bottomed without touching this level, as it did in 2020 and 2022, 
when it tagged the weekly EMA300 right before the cycle low. Specifically, 
Bitcoin’s bottom came 10% below the EMA in 2020 and 15% in 2022. Related 
Reading: Bitcoin Is Repeating This Midterm Pattern That Sends Price Tumbling 
15% On Average The analyst noted that in this cycle, the Bitcoin price bounced 
from $60,000 without ever reaching the EMA, suggesting the real bottom isn’t 
in. He added that if the pattern repeats, BTC must drop to around $58,000, 
marking the last bottom in this bear cycle. In another X post, the analyst 
indicated that BTC was mirroring the price action during the 2022 bear market. 
This came as he revealed that the Bitcoin price had just rejected the 200MA, a 
move that also occurred in 2022. He explained that this confirms the bearish 
macro structure after BTC tagged the 200D MA again at $82,000. As such, if the 
2022 pattern repeats, the leading crypto must drop 40% to 60% from the 
rejection point. He added that this means that the real cycle bottom must be 
around the $50,000 to $55,000 range. Bitcoin is once again in a downtrend 
after failing to hold above the psychological $80,000 level. This comes amid 
bearish catalysts such as the US-Iran war, rising inflation, and bets of a Fed 
rate hike this year. BTC’s latest decline came after the SEC delayed its 
approval of tokenized stocks. The Plan Remains The Same For BTC Crypto analyst 
Kaleo declared that the plan remains the same for the Bitcoin price despite 
traders on Kalshi betting against a rally to $100,000 this year. He urged 
market participants to zoom out and be more bullish. As for what could happen, 
he predicts a retest in the lower $70,000 range, then a rebound to between 
$80,000 and $90,000, and a range there for the summer. Related Reading: If 
You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This 
Bearish OB Level Once that happens, the analyst predicts that the Bitcoin 
price will then rally above $100,000 and reach a new all-time high (ATH) in 
the fall and winter. Notably, the CLARITY Act could pass between now and then, 
which could spark a massive rally for the leading crypto. At the time of 
writing, the Bitcoin price is trading at around $75,400, down over 2% in the 
last 24 hours, according to data from CoinMarketCap. Featured image from Getty 
Images, chart from Tradingview.com

Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom &#8230;

Iran implements tiered system for vessel passage through Strait of Hormuz, accepts Bitcoin for fees

Comments