Standard Chartered reports that uncertainty over a new Bitcoin strategy from major corporate holder Strategy is causing short-term price pressure. The bank maintains its $100,000 Bitcoin price forecast for the end of 2026, contingent on clear communication from the company.
Multi-asset broker Vantage Markets has introduced a new over-the-counter gold CFD, XAUUSD247, allowing eligible clients to trade the precious metal continuously, including on weekends, with a smaller one-ounce contract size.
The EOS token recorded its most significant single-day percentage increase in over six months, rallying more than 10% and outpacing modest gains in the broader cryptocurrency market.
Bitcoin traded above $64,000 as investors assessed a new U.S. law banning a central bank digital currency until 2030 and a key federal banking approval for stablecoin issuer Circle.
Analysts at Bernstein note that Bitcoin's current 54% drawdown is significantly less severe than previous cycles, suggesting a 'comforting' sign of market maturation despite recent price weakness.
Shale producer Occidental Petroleum reported a 38.4% sequential increase in its average realized oil prices for the second quarter, citing higher benchmark crude rates fueled by supply disruptions in the Middle East.
The price of Bitcoin rose past $64,000 on Monday, as positive comments from President Donald Trump helped the market shrug off news of significant sales by corporate holder MicroStrategy.
A Cantor Fitzgerald-backed blank-check firm and Adam Back's Bitcoin investment company have scrapped their initial merger deal, citing the need for terms that better reflect current market conditions.
Uncertainty surrounding the evolving Bitcoin strategy of major corporate holder Strategy (formerly MicroStrategy) is weighing on the cryptocurrency, according to a Standard Chartered analyst, who nonetheless maintained a $100,000 price forecast.
