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Bitcoin price started a fresh increase and cleared the $80,000 zone. BTC is consolidating and might aim for more gains above the $80,500 level. Bitcoin managed to stay above $78,000 and started a fresh increase. The price is trading above $78,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $79,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $79,000 and $78,500 levels. Bitcoin Price Regains Traction Bitcoin price found support near $78,000 and started a fresh increase. BTC gained pace for a move above the $78,500 and $78,800 resistance levels. The bulls even pushed the price above $80,000. A high was formed at $80,336, and the price started a cons...

Iran's selective blockade in Hormuz heightens geopolitical tensions, potentially impacting global oil markets and diplomatic relations.
The post Iran imposes selective Hormuz blockade amid US tensions appeared first on Crypto Briefing.

Orlando Magic's financial constraints and lack of offensive cohesion threaten their future playoff aspirations.
The post Zach Lowe: Orlando Magic’s playoff resilience questioned, financial commitments threaten roster flexibility, and Jalen Suggs’ contract under scrutiny | Bill Simmons appeared first on Crypto Briefing.

Project Freedom may stabilize Strait of Hormuz traffic, but ongoing blockade and Iranian mines continue to challenge regional security dynamics.
The post US Navy launches Project Freedom for safer Hormuz navigation amid blockade appeared first on Crypto Briefing.

Oil and crypto markets posted contrasting reactions Monday following President Donald Trump’s announcement of Project Freedom. Crude benchmarks saw modest declines, while the world’s largest cryptocurrency rallied to $80,000 in early Asian trading hours. Risk Assets Rally on Trump’s Project Freedom According to market data, Brent crude declined 0.16% to $108 a barrel. West Texas
The post Bitcoin Pushes to $80,000 as Trump’s Project Freedom Pressures Oil Prices appeared first on BeInCrypto.

Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public post. Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction […]

The U.S. intervention may temporarily ease shipping disruptions, but persistent geopolitical tensions could sustain upward pressure on oil prices.
The post US to guide ships through Strait of Hormuz amid Iran tensions appeared first on Crypto Briefing.

The escalation in drone warfare diminishes ceasefire prospects, reflecting increased skepticism about near-term diplomatic resolutions.
The post Russia intercepts nearly 270 Ukrainian drones amid escalating conflict appeared first on Crypto Briefing.

The tanker attack underscores geopolitical risks, potentially destabilizing global oil markets and influencing future energy security strategies.
The post Tanker attack in Strait of Hormuz raises WTI crude oil price concerns appeared first on Crypto Briefing.