Oil

Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run

Multiple analysts have repeatedly pointed to $120,000 as bitcoin’s BTC$105,496.25 price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend …

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Bitcoin Holds Key Support; Oil Disappoints ‘Doomers’ as Brent and WTI Erase Early Price Gains

American poet Charles Bukowski famously said: “The crowd is always wrong,” and his words seem to sum up the situation in the financial markets perfectly. Just 24 hours ago, social media was abuzz with fears that the U.S. airstrike on Iran’s …

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Iran Mulls Closure of Strait of Hormuz; Digital Oil Memecoin Soars 400%

Iran’s politicians leaned in favor of blocking the strategically important Strait of Hormuz on Sunday in response to the US military strikes on the Iranian nuclear facilities, according to Saeed Azimi, Tehran correspondent for France 24. “The …

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The Probability of Iran Blocking Strait of Hormuz Surges to 52% On Polymarket After Trump’s Air Strikes on Iran’s Nuclear Facility

The probability of Iran’s leadership blocking the Strait of Hormuz for shipping has increased following the U.S. airstrikes on Iran’s nuclear facilities. At press time, shares of the Yes side of the Polymarket-listed contract “Will Iran Close …

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