‘Optimism looks fragile’: Bitcoin wavers as Iran strikes revive geopolitical tensions and analysts warn of range trap
Analysts warn of a range trap as underwater bitcoin buyers build resistance near $79,000 and tensions flare again in the Middle East....
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At $322 billion, the stablecoin market value exceeds the FX reserves of 95 nations
The amount of dollars and other fiat currencies held by users outside traditional banking channels now exceeds the official FX reserves of 95 nations....
Bitcoin demand gauge sinks to worst level since December as spot buying weakens
Bitcoin's demand indicator hit its worst level since December, with CryptoQuant's 30-day metric showing negative 147,000 BTC absorption. Spot buying has weakened significantly, with futures-led rallies replacing organic demand. The negative Coinbase Premium signals offshore traders dominate while U.S. spot buyers remain inactive. Without fresh spot demand, Bitcoin risks a pullback from the critical $70,000 level where recent buyers' profits thin.
StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens
The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5 million in unbacked tokens, netting them $2.8 million....