ERCOT warns of blackout risks as data centers and crypto miners trip offline during grid disturbances
The instability of Texas’s power grid due to data centers and crypto miners could hinder economic growth and increase regulatory pressures. The post ERCOT warns of blackout risks as data centers and crypto miners trip offline during grid disturbances appeared first on Crypto Briefing....
Read More
Strategy shareholders approve semi-monthly dividends for STRC, first payment set for July 15
The shift to semi-monthly dividends may stabilize STRC’s market price by reducing ex-dividend volatility, potentially enhancing liquidity. The post Strategy shareholders approve semi-monthly dividends for STRC, first payment set for July 15 appeared first on Crypto Briefing....
Read More
Goldman Sachs pushes Fed rate-cut forecast to 2027 on strong jobs data
Delayed rate cuts may sustain tighter financial conditions, impacting investment strategies and potentially curbing speculative asset growth. The post Goldman Sachs pushes Fed rate-cut forecast to 2027 on strong jobs data appeared first on Crypto Briefing....
Read More
Ethereum price nears $1,700, can BitMine buying stop a $1,500 retest?
Ethereum trades near $1,691 as bearish MACD and Aroon readings keep $1,500 support in focus, while BitMine adds 126,971 ETH on weakness now....
Read More
Circle launches cirBTC on Ethereum with 1:1 Bitcoin backing
Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. According to Circle, cirBTC is now live on Ethereum and is designed to bring…...
Read More
Saudi Arabia slashes July oil prices for Asia by $6 as demand cools
Saudi Arabia’s price cut signals shifting power dynamics in global oil markets, highlighting Asia’s growing influence and demand uncertainties. The post Saudi Arabia slashes July oil prices for Asia by $6 as demand cools appeared first on Crypto Briefing....
Read More
Iran launches missile attack on Israel, rattling crypto markets as Bitcoin slides
The escalation heightens geopolitical tensions, impacting global markets and investor sentiment, with potential long-term economic repercussions. The post Iran launches missile attack on Israel, rattling crypto markets as Bitcoin slides appeared first on Crypto Briefing....
Read More
CLARITY Act backers press Senate as odds of passage decline
More than 200 crypto companies and industry organizations have urged the U.S. Senate to bring the CLARITY Act to a floor vote as concerns over the bill’s shrinking legislative window have intensified. According to crypto advocacy group Stand With Crypto,…...
Read More
Bitcoin drops 35% amid US-Iran tensions, market volatility
Geopolitical tensions heighten market volatility, prompting risk-averse behavior and challenging Bitcoin’s stability and growth prospects. The post Bitcoin drops 35% amid US-Iran tensions, market volatility appeared first on Crypto Briefing....
Read More
Galaxy Digital lowers odds of CLARITY Act passage to 60% as deadline nears
The reduced odds of the CLARITY Act passing highlight the challenges of legislative timing, potentially delaying regulatory certainty for digital assets. The post Galaxy Digital lowers odds of CLARITY Act passage to 60% as deadline nears appeared first on Crypto Briefing....
Read More