befla

Bitcoin’s bottom needs long-term holders to stop losing $280M a day

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Bitcoin’s climb from $58,300 to $64,400, then back to $62,700, over the past week is a bounce that still leaves the price below two important levels tracked by Glassnode: the True Market Mean near $76,600 and the short-term holder cost basis near $72,200. The firm places Bitcoin in the later stages of a bottoming process, … Read more

Bitcoin looks calm but a July 17 oil deadline looms as Iran shock sends crude up 5%

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The US Treasury’s Office of Foreign Assets Control revoked General License X on July 7, cutting off the authorization that had allowed Iranian crude oil, petrochemical, and petroleum-product transactions through Aug. 21. Its replacement, General License X1, permits only wind-down transactions through 12:01 a.m. ET on July 17. Brent crude settled at $74.16 and WTI … Read more

Bitcoin rally now depends on one Fed document coming Wednesday

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The Federal Reserve publishes the minutes of its June 16–17 meeting on Wednesday at 2 p.m. ET, and the release will either validate Bitcoin’s week-long recovery or pull out its foundation. Traders bought the rebound on a single macro assumption: a weakening US labor market limits how long the central bank can stay hawkish. The … Read more

SEC reviews more than 24 ETFs that could bring election betting to brokerage accounts

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More than 24 prediction market ETFs proposed by Roundhill, Bitwise, and GraniteShares remain in regulatory limbo, with the SEC yet to act despite the issuers filing their applications in February. The agency pushed back the expected launch timing to gain clarity on fund mechanics and investor disclosures, delaying products that would have reached the market … Read more

Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities

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Bitcoin price held above $62,000 after renewed fighting between the United States and Iran slowed traffic through the Strait of Hormuz and sent oil prices higher, reviving inflation concerns across global markets. Data from CryptoSlate shows that the largest digital asset traded near $63,000 on Thursday, holding above the $60,000 level that traders have watched … Read more

BNB Chain makes moonshot bet on 1,000,000 TPS for AI as BNB interest falls away

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Binance-backed BNB Chain is restructuring its underlying architecture and setting a long-term goal of processing 1 million transactions per second while integrating protocol-level privacy. The strategic pivot aims to capture two distinct yet demanding emerging markets: traditional financial institutions and the nascent sector of autonomous artificial intelligence agents. This aggressive technical roadmap arrives at a … Read more

New Vanguard job posting could decide how crypto reaches 50 million investors

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Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malvern. The posting asks the incoming executive to lead digital assets strategy, build a multi-year roadmap, and run enterprise execution across Vanguard’s wealth business. Two years earlier, the same firm refused to list spot Bitcoin … Read more

Kalshi’s court loss shows federal approval may still leave prediction markets fenced off by states

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A New York federal court has returned prediction-market access to state hands just weeks before the CFTC closes comments on national event-contract rules. In a July 7 opinion and order, Judge Analisa Torres of the Southern District of New York denied KalshiEX LLC’s request for a preliminary injunction to block New York gaming officials from enforcing … Read more