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Bitcoin retreats below $80,000, liquidating $300 million in futures bets
BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.
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BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.
Sony sold just 1.5 million PS5 consoles in its most recent fourth fiscal quarter, down 46 percent year over year. The slump in PS5 sales comes after Sony raised the price of its PS5 consoles twice over the past year, pushing the price of the regular PS5 from $499.99 all the way up to $649.99. Sony blamed "continued pressures in the global economic landscape," for the price hikes in March, amid an ongoing memory crisis and pressure from the war in Iran. Sony now forecasts that annual gaming revenue will drop 6 percent, but these forecasts could be impacted by ongoing memory costs. "We plan to base our PS5 hardware sales in FY26 on the volume … Read the full story at The Verge.
The assassination may destabilize Iran's political landscape, increasing uncertainty and impacting regional security and global markets. The post Operation Epic Fury targets Iran, Khamenei assassination raises leadership change odds appeared first on Crypto Briefing.
Iran accuses US of breaching ceasefire near Hormuz as CENTCOM says forces responded to Iranian attacks.
Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next.
Bloc is expected to call for deeper energy cooperation and reopening of the Strait of Hormuz.
The conflict's economic impact highlights the complex interplay between geopolitical tensions and global market stability, affecting peace prospects. The post Iran war boosts profits for energy, banks, defense firms: BBC appeared first on Crypto Briefing.
The escalation risks destabilizing regional security, diminishing prospects for peace, and potentially drawing in global powers. The post Israel launches airstrikes over Iran, escalating regional tensions appeared first on Crypto Briefing.
Increased US-Iran tensions may disrupt Strait of Hormuz shipping, impacting global oil markets and prompting diplomatic or military responses. The post Iran captures tanker in Gulf of Oman amid US maritime tensions appeared first on Crypto Briefing.
A ceasefire between the US and Iran has been in place since April 8. Both sides are yet to agree on a peace deal.