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Bitcoin Magazine

White House Says Strategic Bitcoin Reserve Announcement Is Imminent: ‘A Breakthrough’
The White House is nearing a formal announcement on a U.S. Strategic Bitcoin Reserve, with Patrick Witt saying the administration has already cleared a key legal hurdle.
This post White House Says Strategic Bitcoin Reserve Announcement Is Imminent: ‘A Breakthrough’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Heightened control over the Strait of Hormuz by Iran exacerbates regional tensions, complicating diplomatic efforts and peace prospects.
The post Iran tightens Strait of Hormuz control amid US-Iran diplomatic tensions appeared first on Crypto Briefing.

Strengthened US-China tech ties could boost AMD's market presence, but geopolitical tensions and export controls pose ongoing challenges.
The post China’s vice premier He Lifeng meets AMD CEO Lisa Su to discuss tech cooperation appeared first on Crypto Briefing.

Bitcoin fell to $76,000 on the morning of May 18, reversing a brief relief rally and causing its total market cap to drop to $1.53 trillion. The nearly 2% decline triggered $722 million in total long liquidations across the crypto economy. Bitcoin Slams into Geopolitical Headwinds Bitcoin slid to $76,000 Monday morning, continuing a trend […]

OpenAI and Dell partnership enables Codex's on-premises AI deployment, enhancing security and broadening enterprise workflows.
The post OpenAI and Dell partner to bring Codex into enterprise AI systems appeared first on Crypto Briefing.

Potential US-Iran oil sanctions relief could impact global oil markets, influence inflation, and affect crypto market dynamics and regulations.
The post Iran claims US agrees to discuss oil sanctions relief in negotiations appeared first on Crypto Briefing.

Inflation risks could undermine the S&P 500 rally, affecting investor sentiment, corporate margins, and interest rate expectations.
The post S&P 500 rally faces pressure as Wall Street warns of inflation risks appeared first on Crypto Briefing.

Polymarket's revenue growth highlights the potential for sustainable income in prediction markets, challenging zero-fee models like Hyperliquid's.
The post Polymarket surpasses Hyperliquid in fees over past 24 hours appeared first on Crypto Briefing.

Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350. MACD indicators reinforced the downside pressure, with the line at negative 359, the signal at negative 243, and the histogram at negative 116. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout Geopolitical Shock Hits An Already Weakened Market The slide began Sunday night after US President Donald Trump posted a pointed warning to Iran on Truth Social: “For Iran, the Clock is Ticking, and they better get moving, FAST, ...