Tag
#BTC
Bitcoin touches $80,000 as Project Freedom shifts Iran war sentiment
Bitcoin touched $80,000 in overnight trading, its highest since late January, as President Trump announced Project Freedom to secure safe passage through the Strait of Hormuz. The cryptocurrency has gained roughly 20 per cent since the US-Iran conflict began, outperforming equities and gold.
Bitcoin resistance at $86,000 and $93,000 mirrors three prior cycles, analyst says
Crypto analyst Michaël van de Poppe has identified two resistance zones for Bitcoin at $86,000 to $88,000 and $93,000 to $95,000, arguing the setup echoes bull-cycle patterns from 2017, 2021, and 2024. A period of consolidation above $80,000 could clear the way for altcoin strength, he said.
Bitcoin slips from $80,000 after Fed report flags inflation, rate-hike risk
Bitcoin retreated from the $80,000 zone after the Federal Reserve's May 8 Financial Stability Report flagged the Iran-driven oil shock and a hotter March PCE print as conditions that could push the FOMC toward rate hikes rather than the cuts crypto desks had positioned for.
Coinbase buys $88M in Bitcoin in Q1, expands treasury to 16,492 BTC
Coinbase bought $88 million worth of Bitcoin in Q1 2026, adding 1,103 BTC to a corporate treasury now worth $1.3 billion. CFO Alesia Haas also detailed a perpetual USDC revenue-sharing deal with Circle.
CME targets 1 June launch for bitcoin volatility futures, pending CFTC review
CME Group will list cash-settled bitcoin volatility futures from 1 June, pending Commodity Futures Trading Commission clearance, becoming the first US exchange to offer regulated contracts that trade implied volatility independent of bitcoin's spot price. CME (CME) shares slipped 1.2 per cent on the announcement.
