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The sanctions could escalate geopolitical tensions, disrupt global oil markets, and complicate crypto transactions, impacting global trade dynamics.
The post US imposes new sanctions on Iran’s military oil trade, escalating maximum pressure campaign appeared first on Crypto Briefing.

Bitcoin (BTC) is at a pivotal level as geopolitical tensions rise and bearish setups emerge, prompting some analysts to warn of a potential 15% correction if a critical support area doesn’t hold. Related Reading: Dogecoin Rally Loading? Analyst Eyes ‘Imminent Breakout’ From Textbook Falling Wedge Pattern Bitcoin Eyes Channel Support For Next Move Following news of renewed US strikes against Iranian targets, Bitcoin dropped roughly 5% from $76,000 to a one-month low of $72,589. At the start of the week, the cryptocurrency had been trading between $77,000-$78,000 after recovering from last week’s pullback. However, the growing geopolitical tensions have pushed the price toward a critical area. Analyst Ali Martinez affirmed that BTC reached a major support zone after lo...

Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin mining toward high-performance computing. The deal strengthens the company’s power-backed infrastructure strategy and drew a strong response from investors. Terawulf Shares Climb 13% as AI Revenue Overtakes Bitcoin Mining Income Terawulf Inc. is moving deeper into artificial […]

Samsung's HBM4E chip advancements could shift AI procurement trends, enhancing performance and competitiveness in the high-bandwidth market.
The post Samsung Electronics ships faster HBM4E chip samples ahead of schedule, shares surge appeared first on Crypto Briefing.

Paxos's SEC approval could revolutionize securities settlement, reducing costs and risks for financial institutions with faster trade settlements.
The post Paxos becomes first blockchain-native clearing agency approved by SEC appeared first on Crypto Briefing.

SpaceX's potential $1.75T IPO valuation underscores its strategic role in infrastructure, impacting communications and defense sectors globally.
The post SpaceX eyes $1.7T IPO valuation, boosting market cap expectations appeared first on Crypto Briefing.

Dogecoin started a recovery wave above the $0.0980 zone against the US Dollar. DOGE is now facing hurdles near $0.1010 and might struggle to continue higher. DOGE price started a recovery wave from $0.0965 and climbed above $0.0990. The price is trading below the $0.10 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1010 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1010. Dogecoin Price Faces Resistance Dogecoin price started a recovery wave from the $0.0965 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.0980 and $0.0988 resistance levels. There was a decent upward move above the 38.2% Fib retracement level of the down...

The attack exacerbates geopolitical tensions, complicates Turkey's diplomatic role, and heightens global economic instability through supply disruptions.
The post Ukraine reports Russian drone attack on Turkish vessel carrying sunflower oil in Black Sea appeared first on Crypto Briefing.

Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and the trajectory doesn’t appear to be changing as the month draws to a close. Over the last 24 hours, Bitcoin and other digital assets have seen another retrace, resetting the market by many weeks. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound As the below chart shows, BTC has returned to the $73,400 level following its drop of 3.3% over the past day. At its lowest during this plunge, Bitcoin even briefly slipped under the $73,...