By Wayne Jones Coinbase CEO Brian Armstrong sparked debate over Bitcoin’s direction on July 14 after asking X users whether the OG cryptocurrency has already reached its market bottom. The poll quickly drew thousands of votes and a wave of comments, with the community split almost evenly between the yays and the nays. Poll Splits […]
Tag: Iran
By Chayanika Deka The United States has frozen more than $130 million in crypto assets linked to Iran as hostilities in the Middle East continue to intensify. US Treasury Secretary Scott Bessent took to X to confirm that the Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned multiple crypto wallets tied to the Central […]
Key highlights: Bitcoin has spent five months below key cost-basis metrics, a condition that has historically preceded cyclical bottoms Long-term holder capitulation has reached its highest level since December 2022, while ETF outflows suggest demand has yet to recover Bitcoin price is inching toward $65K, but Glassnode warns investors to proceed with caution A new […]