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Circle announces cirBTC, a 1:1 BTC-backed token targeting $1.7T in sidelined Bitcoin, challenging Coinbase's cbBTC ahead of their August deal renewal.
The post Circle’s cirBTC Takes Aim at Coinbase’s $6 Billion cbBTC Months Before Key Deal Renewal appeared first on BeInCrypto.

The price that underpins real-world oil cargo transactions surged to its highest level since 2008. Dated Brent hit $141.37 per barrel, reaching an 18-year high. Meanwhile, Brent crude futures traded near $107, still below 2022 levels. Thus, it’s clear that the benchmark for actual crude cargoes now trades more than $34 above Brent futures. “The
The post Paper vs. Physical: The $34 Gap Exposing the True Cost of the Iran Oil Shock appeared first on BeInCrypto.

A whale flipped bearish with 2,000+ BTC put contracts as $2.15B in Bitcoin and Ethereum options expire on Deribit April 3.
The post Whale Turns Bearish Ahead of $2 Billion Bitcoin and Ethereum Options Expiry appeared first on BeInCrypto.

Arkham also flagged a 500 Bitcoin outflow from Riot on Thursday, while MARA Holdings, Genius Group and Nakamoto Holdings sold a combined 15,501 Bitcoin in the last week.

Stalled US-Iran talks heighten geopolitical tensions, diminishing hopes for a ceasefire and increasing the likelihood of military escalation.
The post US informs Israel of deadlocked Iran negotiations, ceasefire odds plummet appeared first on Crypto Briefing.

Dogecoin started a fresh decline below the $0.0920 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0910 and $0.0920. DOGE price started a fresh decline below the $0.0920 level. The price is trading below the $0.0910 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.0910 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.0910 and $0.0920. Dogecoin Price At Risk of Key Downside Break Dogecoin price started a fresh decline after it closed below $0.0932, like Bitcoin and Ethereum. DOGE declined below the $0.0920 and $0.0910 support levels. The price even traded below $0.090. A low was formed near $0.0889...

US job openings and consumer confidence hit pandemic-era lows as Oracle, Amazon, and Block slash thousands of jobs.
The post US Job Market Flashes Warning Signs Last Seen During 2020 Pandemic appeared first on BeInCrypto.