Search results for Strait of Hormuz
Crypto
Bitcoin rebounds to $63,400 despite Hormuz closure news and U.S. inflation surge
Bitcoin recovered the $63,400 level despite a rise in the U.S. producer price index and reports that Iran temporarily closed the Strait of Hormuz. BTC/USD rose as high as $63,200 on Bitstamp, up more than 2.5 percent on the day, Cointelegraph reported. Oil prices climbed, with WTI topping $91 a barrel. U.S. data showed May core final demand prices up 5.1 percent year on year and CPI up 4.2 percent.
Crypto
Arthur Hayes says oil price rise could intensify Trump\'s anti-AI push, pressuring stocks and bitcoin
BitMEX co-founder Arthur Hayes (아서 헤이즈) said rising oil prices could spur Donald Trump to step up anti-AI rhetoric ahead of the U.S. presidential election, potentially hitting stocks, bank shares and bitcoin at the same time. He said markets are underestimating risks from Middle East tensions and energy prices. Hayes also said AI is absorbing liquidity through heavy borrowing and listed risks including higher energy costs, large IPO supply and Trump’s comments.
Crypto
Bitcoin slips below $65,000 to nine-week low on geopolitical tensions
Bitcoin fell below $65,000 to its lowest level in nine weeks amid continuing geopolitical tensions. Cointelegraph reported that additional U.S. and Iranian air strikes shook ceasefire talks, weighing on bitcoin. Coinglass data showed about 277,000 traders were liquidated in 24 hours, totaling about $1.83 billion, with more than 90 percent in long positions. Market participants cited leveraged liquidations, ETF outflows and a break of technical support as key drivers.
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Crypto
Bitcoin, ethereum underperform traditional assets in 2026
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Industry
ExxonMobil executive warns oil inventories near bottom, prices could spike in 2 to 3 weeks
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Industry
Semiconductors, defense, shipbuilding and power equipment to drive South Korean exports in second half
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Industry
U.S. uncrewed surface vessel completes first autonomous crossing of Taiwan Strait, tracks Chinese warships
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Finance
Hawkish signals in focus ahead of Shin Hyun-sung\'s first BOK rate meeting
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Crypto
Bitcoin rebounds on Trump\'s tease of Iran deal announcement
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AI & Enterprise
SanDisk tops 2026 first-half returns, up 509 percent and beating bitcoin and gold
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Crypto
Stablecoin war opens as South Korea weighs options against dollar dominance
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Crypto
Ethereum warning signs mount as ETF flows slow and long bias grows
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Crypto
Bitcoin, Ethereum ETPs see $1 billion outflow; altcoins mixed
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Crypto
Bitcoin aims to reclaim $80,000 after slip; three factors in focus
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Crypto
Bitcoin faces growing downside pressure; U.S. PMI, Nvidia results in focus
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Crypto
Ethereum slumps as Bitmine\'s Tom Lee cites oil prices as headwind
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Crypto
Bitcoin gives back most of May\'s gains, outlook splits below $80,000
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Crypto
Bitcoin falls below $78,000; crypto market cap sheds $80 billion on Hormuz tensions