Tag: CRYPTOS FoxBusiness.

Bitcoin (BTC) and altcoins continue to hold strong despite the ongoing conflict between the US and Iran.

As the five-day deadline given by US President Donald Trump to Iran awaits to determine whether the next move will be an uptrend or a downtrend, a move in favor of cryptocurrencies has come from the US.

Accordingly, Michael Selig, Chairman of the US Commodity Futures Trading Commission (CFTC), announced today the establishment of an “Innovation Task Force.”

The task force aims to establish regulatory standards for innovative companies developing new products and technologies in the U.S. derivatives market.

The Innovation Task Force will create regulatory frameworks for several designated areas: “1) Cryptocurrency and blockchain technology, 2) Artificial intelligence and autonomous systems, 3) Prediction markets and event contracts.”

CFTC Chair Selig stated, “By creating a clear regulatory environment for companies driving innovation in new areas of finance, we can encourage responsible innovation and ensure that U.S. market participants don’t fall behind.”

The Innovation Task Force will be chaired by Michael J. Passalacqua, special advisor to President Selig.

The Innovation Task Force will work with the U.S. Securities and Exchange Commission (SEC) and the CFTC on innovation.

While the CFTC is taking steps in favor of cryptocurrencies, the SEC, another major US financial regulator, also clarified in guidance published last week that crypto assets like Bitcoin are commodities, not securities. It was also stated that 16 altcoins, including Ethereum (ETH), are not securities.

*This is not investment advice.

Bitcoin ($BTC) continues its struggle to rise above $70,000 as the US-Iran conflict continues at full speed.

At this point, the market is awaiting the end of the five-day deadline given by US President Donald Trump to Iran. Yesterday, Trump announced a five-day pause in operations targeting Iran’s energy infrastructure.

At this point, analysts predict that Bitcoin’s direction will depend on events that occur at the end of this period, while one senior analyst pointed to the $75,000 level for $BTC to enter an upward trend.

Speaking to CoinDesk, FxPro’s chief market analyst, Alex Kuptsikevich, stated that while Bitcoin may continue to recover amid geopolitical uncertainty, a sustained move above $75,000 is necessary for a full-fledged bull market.

While the upward movement is encouraging for bulls, according to the analyst, the real test for $BTC will be around $75,000.

This level is very critical for Bitcoin and has been a significant turning point at least twice in the last 12 months. During the March-April 2025 decline, Bitcoin lost its downward momentum around $75,000, and the rally in early 2024 also encountered resistance here. Furthermore, $75,000 corresponds to retracement levels according to the important Fibonacci pattern.

At this point, the Fxpro analyst believes that Bitcoin needs to break above $75,000 to confirm its transition to a bull market.

“While Bitcoin may not immediately benefit from the upward momentum and increase its gains, its ability to remain at current high levels indicates confidence among bulls. They are gradually developing a more optimistic outlook.”

However, it would be too early to say the downtrend is over until prices break above $75,000, where the March turning points and the 61.8% Fibonacci retracement level resulting from the January-February decline are concentrated.

*This is not investment advice.

Recent analyses published regarding cryptocurrency markets have once again brought the impact of geopolitical developments on Bitcoin’s price to the forefront. According to a report shared by liquidity provider and market maker Wintermute, developments in the Middle East and volatility in energy markets, in particular, could be decisive for Bitcoin.

The report predicted that if maritime traffic in the Strait of Hormuz returns to normal and oil prices stabilize at around $100 per barrel, Bitcoin could test the resistance zone between $74,000 and $76,000. Analysts note that this scenario could contribute to a renewed increase in risk appetite in the markets.

Conversely, it was stated that Bitcoin prices could retreat if restrictions on shipping in the region continue or if a new conflict risk emerges. In this case, it is estimated that BTC could fall back to the mid-$60,000 level.

According to experts, energy prices and geopolitical risks are increasingly impacting not only traditional markets but also crypto assets. Especially during periods of global uncertainty, investors’ approach to risky assets plays a decisive role in price movements.

Wintermute analysts emphasize that Bitcoin’s direction in the coming period will be shaped by a combination of macroeconomic data, energy market dynamics, and geopolitical developments. Therefore, investors should closely monitor not only technical indicators but also global developments.

*This is not investment advice.

MoonPay released the Open Wallet Standard, an open-source framework for AI agents to manage funds and sign transactions across multiple blockchains. The standard provides a unified way to store keys, authorize payments, and interact with services without exposing private keys.

The initiative builds on MoonPay Agents, launched earlier as a non-custodial software layer for autonomous transactions. During development, the company identified fragmentation across agent tools, where each system used separate wallets and key management methods. The new standard addresses this by introducing a shared interface and secure local vault.

More than 15 organizations contributed to the launch, including PayPal, Ripple, the Solana Foundation, and the Ethereum Foundation. The code is available under an MIT license.

The standard integrates with emerging protocols such as x402, AP2, and MPP, which enable machine-driven payments but do not define wallet infrastructure. The Open Wallet Standard introduces a single encrypted storage layer and policy-based signing system, allowing agents to operate within defined limits.

Keys are encrypted and processed in isolated memory, with no exposure to applications or language models. The wallet supports multiple chains through one interface and runs locally without cloud dependency.

Image: Freepik

Bernstein, a leading asset management firm on Wall Street, has published a noteworthy assessment of Bitcoin. The company stated that the Bitcoin price has largely bottomed out and maintains its year-end target of $150,000.

According to Bernstein analysts, despite recent volatility, Bitcoin’s downward movement is largely considered complete. This view has strengthened expectations that a new uptrend may begin in the markets.

The report also included Strategy, one of the largest institutional Bitcoin investors. Although the company’s shares have fallen by approximately 50 percent compared to their peak levels, Bernstein noted that Strategy maintains its financially sound structure.

Analysts have described Strategy as a “high-beta” investment vehicle with high sensitivity to Bitcoin. They noted that the company follows a strategy of buying more BTC instead of reducing positions during market downturns. In this context, it was stated that Strategy has increased its Bitcoin holdings by raising approximately $7.3 billion this year alone.

It was also emphasized that the company holds approximately 3.6% of the total Bitcoin supply. This makes Strategy a significant player in the cryptocurrency market.

Experts say that institutional investors maintaining their long-term positions indicates continued confidence in Bitcoin and is considered a positive signal in terms of price expectations.

*This is not investment advice.

YieldNest, a DeFi infrastructure provider for yield strategies, has introduced ynRWAx, a vault designed to integrate real-world credit returns into decentralized finance. The product focuses on combining tokenized assets with lending mechanisms commonly used in DeFi, including leveraged looping strategies.

The vault targets an annual yield of about 11%, based on mortgage-backed private credit linked to residential real estate in Australia. The credit operations are managed by Kimber Capital, a licensed Australian investment firm specializing in structured lending. YieldNest delivers the on-chain architecture and integrations.

ynRWAx is structured as a yield-bearing asset that allows users to gain exposure to off-chain credit markets within blockchain-based systems. It follows the ERC-4626 standard, which supports compatibility with lending protocols and broader DeFi applications without requiring special permissions.

The vault currently holds more than $7.5 million in total value locked and operates across multiple networks, including Ethereum, Base, Arbitrum, and Polygon. Additional integrations include Euler and Morpho for lending, as well as Pendle and Spectra, which enable separation of fixed and variable yield components. Incentive layers are provided through Merkl and Brevis Incentra, adding extra rewards alongside the base yield.

Image: Freepik

Bitcoin ($BTC) has experienced a correction of over 50% since peaking around $126,000 in October 2025.

During the current correction, Bitcoin fell to levels around $60,000, but is now trying to hold above $70,000.

While technically the bear market is still ongoing, investors are trying to catch the bottom for Bitcoin.

While there are various predictions for the bottom at this point, one CryptoQuant analyst said it could take two months for $BTC to reach its bottom.

CryptoQuant analyst Maartunn, in a statement from his X account, predicted that if Bitcoin follows its historical pattern, a potential bottom will occur in approximately two months.

The analyst based this prediction on the historical four-year halving pattern. According to the analyst, 703 days have passed since the last Bitcoin halving.

Historically, the market bottom typically begins to form around the 777th day after the halving, but the analyst suggested this could happen in about two months.

According to the analyst, if the four-year pattern in Bitcoin remains intact, a definitive bottom could occur in late May 2026.

In line with this analysis, CryptoQuant stated in its February analysis that Bitcoin had not yet fully surrendered and that on-chain indicators were still in a bearish phase. At that point, analysts drew attention to the price support levels that had been reached, pointing to $55,000 as the ultimate bottom for $BTC.

*This is not investment advice.