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BTC/USD: Tests 50-Day EMA as Volatility Roars Back
Bitcoin continues to be very noisy overall, and Monday wasn’t any different. At this point, we are at an inflection point, as the trend is under threat. Bitcoin continues to be very noisy during the trading session on Monday, as we had plunged quite significantly, but since then, we have seen Bitcoin rally quite nicely. The question at this point is whether or not we have enough momentum to continue to the upside, and while it certainly looks like that on Monday, I don't know how long this rally lasts. I'm still not completely convinced, but it is worth noting that the $60,000 level is an area that a lot of people ... (full story)
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*US IS REVOKING IRAN-RELATED GENERAL LICENSE TO EXPORT OIL *IRAN'S ACTIONS IN STRAIT OF HORMUZ WHOLLY UNACCEPTABLE: OFFICIAL
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
From fxstreet.com | 8 hr ago
Ripple (XRP) and Stellar (XLM) are trading under pressure on Tuesday as bulls lose steam. XRP faces rejection near key resistance, while XLM continues its pullback so far this week. Despite the ongoing correction, mixed on-chain and derivatives metrics suggest traders remain cautiously optimistic for these altcoins. Derivatives data shows a mixed outlook. ...
From cointelegraph.com | 7 hr ago
In research published on Monday, onchain analytics platform CryptoQuant flagged an incoming profitability floor for the BTC supply. The onchain metric involved was Net Unrealized Profit/Loss (NUPL), which measures the portion of the supply being held at a higher or lower price versus that at which it last moved. Its score is currently 0.158, a level last ...