Bitcoin’s blistering second-quarter advance is tracking the strongest expansion in global liquidity on record, according to Real Vision chief crypto analyst Jamie Coutts, who argues that every additional percentage point of liquidity injected into the financial system “should” translate into a 20% gain for the cryptocurrency. 1% Liquidity = 20% Bitcoin? Writing on X, Coutts…
TEHRAN:- Iranian Armed Forces spokesperson, Brigadier General Abolfazl Shekarchi, has confirmed Israeli strikes on Iranian territory, including residential buildings, and says the Islamic Republic’s response to the attacks will be heavy. According to the Islamic Republic News Agency (IRNA), Shekarchi said on Friday morning that overnight strikes by the Israeli regime, which he claimed were…
According to recent technical analysis, Ethereum (ETH) may be gearing up for a major breakout that could propel the cryptocurrency close to the $4,200 mark. Meanwhile, ETH continues to attract growing institutional interest, with Ethereum exchange-traded funds (ETFs) outperforming their Bitcoin (BTC) counterparts. Ethereum Headed For A Breakout? In a recent X post, noted crypto…
A sharp escalation in Middle East tensions sent shockwaves through global financial markets in the early Asian trading hours, triggering a significant spike in oil prices and prompting a flight to safety. Bitcoin (BTC) was not immune to the turmoil, experiencing a notable price drop as traders scrambled for downside protection, evidenced by a dramatic…
Bitcoin’s price has declined slightly following recent gains, falling 2.3% over the past 24 hours to trade at approximately $107,205. This latest movement places the asset 4.1% below its all-time high of over $111,000 recorded last month. Despite the short-term dip, some analysts see familiar signs in derivatives data that could point to the next…
JERUSALEM: Israel’s army chief said the military’s strikes against Iran on Friday may not achieve “absolute success” and warned citizens to brace for likely retaliation from the Islamic republic. “I can’t promise absolute success — the Iranian regime will attempt to attack us in response, the expected toll will be different to what we are…
HAMILTON: UN Secretary-General Antonio Guterres on Thursday expressed sorrow over the deadly Air India plane crash in the western Indian city of Ahmedabad, which claimed more than 200 lives. “The Secretary-General is deeply saddened by the news of the Air India plane crash in Ahmedabad, Gujarat, on 12 June, which claimed the lives of more…
NEW DELHI: Aviation authorities have found one of the two black boxes of the Air India flight that crashed in the western Indian state of Gujarat, killing 241 on board, according to local newspaper Hindustan Times, as reported by Xinhua. The London-bound flight crashed on Thursday afternoon shortly after takeoff from the Sardar Vallabhbhai Patel…
AHMEDABAD: In an echoing hall in India’s Ahmedabad, mourning families gave DNA samples on Friday to identify relatives missing after a London-bound passenger jet crashed in a residential area. At least 265 people on board and on the ground were killed when the Air India 787-8 Dreamliner smashed into a residential area soon after takeoff…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading day, all major cryptocurrencies are down…
