Bitcoin Surges as Bulls Target $80K
Bitcoin rebounded from $77,603, trading above $79,000 with key resistance at $79,742; market remains mixed with bullish and neutral signals. #Update #Crypto $BTC
Bitcoin rebounded from $77,603, trading above $79,000 with key resistance at $79,742; market remains mixed with bullish and neutral signals. #Update #Crypto $BTC
Italy’s central bank, Banca d’Italia, mandates sanctions screening for cryptocurrency transfers by crypto asset service providers to combat illicit flows amid rising usage by sanctioned entities. #Update #Crypto $BTC
Germany’s new draft bill proposes to tax bitcoin like stocks, maintaining tax-free gains for existing holdings after a 12-month period. #Update #Legal $BTC
The UK’s National Economic Crime Centre reports criminals innovatively using crypto to launder money, ranking cryptoassets third in economic crime priorities. #Update #Crypto
Bitcoin’s price volatility could increase due to Friday’s CPI report and next week’s Fed decision, amid thin trading conditions. $BTC remains unchanged today, up 3% this week. #Update #Crypto $BTC
Iran eases foreign-currency transaction oversight, promoting cryptocurrency use for trade amid U.S. sanctions; nearly $10B in crypto flowed through Iran in 2025. #Update #Crypto $USDT
Bitcoin’s SOPR metric has remained above 1 for three weeks, indicating bullish market conditions, but analyst David Puell warns of potential downside risks despite this recovery. #Update #Crypto $BTC
Bitcoin’s SOPR metric remains above 1 for three weeks, its longest bullish streak in 2026, indicating potential market recovery, though analyst David Puell warns of possible price downside. #Update #Crypto $BTC
Iran has eased currency controls, allowing exporters to use overseas earnings for direct import funding via cryptocurrency, bypassing the official foreign-exchange system. #Update #Crypto $BTC
Mexican authorities seized 300 crypto mining rigs illegally drawing power from a hydroelectric dam in Tlaola; electricity theft charges are pending. #Update #Crypto
Block, the company behind Square and Cash App, applied to the OCC for a charter to establish Builders Bank & Trust to custody Bitcoin and digital assets. #Update #Crypto $BTC
Iran’s central bank eases foreign currency controls, allowing businesses to use $USDT and $BTC for cross-border transactions amid US sanctions. Exporters can directly finance imports with earnings. #Update #Crypto $BTC
@Block has applied to establish Builders Bank & Trust, a federally regulated trust bank for Bitcoin and stablecoin custody services, pending approval from the Office of the Comptroller of the Currency. #Update #Crypto $BTC
U.S. de minimis exemption for small bitcoin payments could generate $2.58B in net revenue over 10 years, potentially boosting $BTC adoption and price. #Update #Crypto $BTC