Bitcoin Rebounds as Oil Prices Plummet
Crypto majors rebound as $BTC rises 1% to $70.4K; @JPMorgan highlights Hyperliquid’s traction; @CryptoCom cuts 12% staff for AI pivot; Polymarket partners with MLB. #Update #Crypto $BTC
Crypto majors rebound as $BTC rises 1% to $70.4K; @JPMorgan highlights Hyperliquid’s traction; @CryptoCom cuts 12% staff for AI pivot; Polymarket partners with MLB. #Update #Crypto $BTC
Hyperliquid’s $HYPE token is projected by BitMEX co-founder Arthur Hayes to reach $150 by August 2026, as the platform now trades more oil and commodities than crypto. #Update #Crypto
The crypto market rallies with Bitcoin rising to $71,000 and market cap at $2.42 trillion; however, altcoins face risks of stop-outs amid options expiry dynamics. #Update #Crypto $BTC
Bitcoin surged to $71,000 following U.S. Treasury Secretary Scott Bessent’s consideration of lifting sanctions on Iranian oil amid rising energy prices. #Update #Crypto $BTC
Bitcoin perpetual futures see negative funding rates, indicating bearish sentiment as traders bet on shorts. BTC price retreats to $70,400. #Update #Crypto $BTC
@SuiFoundation introduces Hashi, a decentralized primitive for compliant BTC-backed lending. Devnet launch announced with industry giants like Bitgo. #Update #Crypto $BTC
@Coinbase’s Bitcoin Yield Fund is launching on-chain with Apex Group, enabling tokenized shares on the Base network, enhancing institutional access to yield opportunities. #Update #Crypto $BTC
XRP struggles as $1.80 resistance persists since January 2026, with recent 15% rally failing to break through. Analyst warns of downside risk if trend continues. #Update #Crypto $XRP
Morgan Stanley plans to debut its spot bitcoin ETF under the ticker MSBT, with a $1 million seed investment and BNY Mellon managing cash functions. #Update #Crypto $BTC
The Bitcoin Policy Institute urges the Kentucky Senate to remove a provision in HB 380 requiring hardware wallet providers to reset user credentials, citing technological impossibility and privacy concerns. #Update #Legal
@OP_NET is launching a “SlowFi” DeFi stack on Bitcoin, utilizing standard transactions and native fees, aiming to enhance miner revenue amid declining subsidies. Critics argue it dilutes Bitcoin’s focus. #Update #Crypto $BTC
Bitcoin’s fair value model suggests ~$136K, diverging from current ~$70K. Tight U.S. monetary policy limits liquidity flow into risk assets despite rising global M2. #Update #Crypto $BTC
Chainlink bears dominate market, but a $9.55 price reversal could shift dynamics significantly. #Update #Crypto $LINK
Anchorage Digital expands its Atlas network to include collateral management, supporting nearly 600 participants in institutional crypto lending. #Update #Crypto