Analysis News

Trader skepticism highlights the challenges of achieving swift diplomatic resolutions, impacting market confidence and geopolitical stability.
The post GCC and UN call for US-Iran ceasefire as market shows skepticism: FT appeared first on Crypto Briefing.

The Office of the Comptroller of the Currency (OCC) granted Coinbase (COIN) a conditional approval for a national trust bank charter, a move that would place the crypto exchange among a small group of five digital-asset firms — including Ripple, Circle (CRCL) — that have received similar tentative sign-offs from the agency.  If the charter is finalized, Coinbase would be able to expand beyond custody services to offer payment products and other infrastructure under federal supervision, Coinbase’s chief legal officer, Paul Grewal, told CNBC. Coinbase Eyes Broader US Payments Suite  During his interview, Grewal said that the approval opens the door for Coinbase to develop a broader range of services in the US, particularly in the area of payments:  Over the long haul w...

Escalating tensions and military actions diminish prospects for peace, necessitating significant diplomatic efforts to alter current trajectories.
The post Ceasefire odds drop sharply amid escalating Iran conflict and missile strikes: FT appeared first on Crypto Briefing.

Iran's military escalation diminishes diplomatic prospects, impacting market confidence and increasing geopolitical tensions in the region.
The post Iran escalates military actions, reducing US-Iran ceasefire odds to 1% by April 7 appeared first on Crypto Briefing.

Rising tensions and military posturing could destabilize the region, impacting global markets and geopolitical alliances significantly.
The post Iran boosts defenses as US troop deployment raises odds for ground operations appeared first on Crypto Briefing.

Solana-based Drift Protocol has suffered the largest exploit of 2026 to date, losing nearly $300 million in a “highly sophisticated operation” that has raised concerns about the growing threat of human-targeted attacks in the crypto space. Related Reading: Bitcoin ETFs Break Four-Month Negative Streak With $1.32B Inflows While ETH, XRP Funds Bleed Solana DEX Loses $285M On April Fool’s Day On Wednesday, Solana-based decentralized exchange (DEX) Drift Protocol was the victim of an exploit that stole hundreds of millions of dollars from its vaults. After online reports flagged unusual on-chain activity yesterday afternoon, Drift’s official channels confirmed the attack, quickly suspending deposits and withdrawals. According to reports, the attack lasted less than 20 mi...

Bitfinex's support for El Salvador's Bitcoin adoption highlights the need for broader institutional backing and regulatory clarity to drive market impact.
The post Bitfinex backs El Salvador’s Bitcoin adoption, eyes on $100K by June 30: FT appeared first on Crypto Briefing.

Bloomberg senior strategist Mike McGlone has renewed a stark prediction for Bitcoin (BTC), arguing that the market’s leading cryptocurrency could resume a prolonged decline that takes it back toward $10,000.  Why McGlone Sees Bitcoin Heading Back To $10K In a Thursday post on social media platform X (previously Twitter), McGlone framed the $10,000 level as a long-standing reference point for Bitcoin: it was a common trading price before the 2020–21 rally and has been among the most frequently traded levels since futures began trading in 2017. McGlone’s view, which he describes as a “bursting crypto bubble” scenario, is a minority stance among market analysts who predict a Bitcoin bottom this year as low as $38,000 in the worst scenario—much higher than the Bloomberg ...

Bitcoin ended the first quarter of 2026 at $68,200 after falling 22% over the period, its weakest opening three months since 2018. The slide erased an early push higher that had briefly carried the cryptocurrency close to $95,000 before the market turned lower. Related Reading: XRP Could Soon Enter Arizona’s Treasury — Here’s What’s Happening A Sharp Turn After A Strong Start The quarter did not begin quietly. Bitcoin opened the year at a little past $87,000 and moved higher in the early stretch, showing enough strength to reach nearly $95,000. That momentum did not last. The price later sank to about $60,000 on February 6, marking a fast shift in tone after a strong start to the year. From there, the market kept swinging. Bitcoin managed a brief rebound to around $7...

Rising tensions and market skepticism highlight the potential for prolonged instability and the need for urgent diplomatic interventions.
The post Ceasefire odds drop sharply amid US-Israel airstrikes and Iran threats: FT appeared first on Crypto Briefing.