Bitcoin Reclaims $70K as Global Equities Tumble Amid Middle East Conflict
On Monday, bitcoin jumped by 5%, demonstrating significant resilience as global markets buckled under the weight of escalating Middle Eastern conflict. Equities Tumble Amid Geopolitical Conflict On Monday, March 2, bitcoin ( BTC) briefly breached the $70,000 mark, signaling a potential return to its “digital gold” status. After plummeting to an intraday low of approximately … Read more
Northern Trust enters tokenized Treasurys fund market with new share class
The US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion. Go to Source
Price predictions 3/2: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA
Bitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form. Go to Source
Las Vegas-Based Bitmine Amasses 3.71% of Ethereum Supply
Bitmine Immersion Technologies said Monday it now holds 4.47 million ether and nearly $9.9 billion in combined crypto, cash, and strategic investments, positioning the Las Vegas-based firm as the world’s largest ethereum treasury company by holdings. The company’s acquisition follows Strategy revealing it snagged 3,015 BTC this past week. Bitmine Acquired 50,928 ETH This Week … Read more
Bitcoin holders show ‘zero panic’ as BTC hits $70K amid Middle East tensions
Bitcoin short-term holder losses were minimal over the weekend, and the Monday rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally break the monthly resistance? Go to Source
Wall Street Dumps Tech, Rotates Hard into War Economy Names; Defense Shares Rip
U.S. stocks have been mixed on Monday, shaking off early morning losses tied to escalating conflict in the Middle East as investors rotated into energy and defense names while trimming exposure to travel and select tech shares. Stocks Whipsaw as Middle East Conflict Lifts Energy and Defense Shares By noon, the Dow Jones Industrial Average … Read more
Turkey’s ruling party proposes 10% crypto income tax
Under the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%. Go to Source
HSBC Says Lasting Iran Conflict Would Boost Oil, Gold, USD and Hurt Equities
Rising Iran conflict risks are jolting global markets, with HSBC warning oil shocks, currency swings, and equity volatility hinge on whether supply routes and production are disrupted, shaping inflation expectations and investor risk appetite worldwide. HSBC: Long-Running Conflict Would Reshape FX, Rates, and Equity Leadership Escalating geopolitical tensions are reshaping the global market outlook. Global … Read more
Bitcoin nears $70K as PMI boost sees BTC price leave Iran woes behind
Bitcoin price strength received a surprise bullish catalyst from US manufacturing data, helping to relieve tensions over Iran as US stocks floundered. Go to Source