Bitcoin is up 4% on Monday, attempting to reclaim $70,000 amid hopes of potential U.S.-Iran ceasefire.

Bitcoin ETFs saw $8.99 million in net inflows on Friday, while Ethereum ETFs reported $71.2 million in net inflows.  

Meme coin market capitalization jumped around 3% over the past 24 hours to $34.2 billion.

Trader Commentary:  

Trader Michael van de Poppe said Bitcoin is showing strong momentum alongside rising volatility, possibly fueled by easing tensions around the Strait of Hormuz. A breakout above $71,000 could confirm a bullish move, with the next major resistance near $80,000.

Trader CryptosBatman noted Ethereum has broken out of an inverse head and shoulders pattern on the…

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Coinbase Global Inc (NASDAQ:COIN) shares are climbing this Monday. A broad rally across the cryptocurrency sector is driving the upward momentum.

Crypto Market Cap Hits $2.38 Trillion

It currently trades at $69,660.95. Ethereum (CRYPTO: ETH) followed suit, jumping 5.39% to $2,151.12, according to data from CoinMarketCap.

Short Interest Data Shows Decline

Short interest in Coinbase has decreased. Total shorted shares fell from 23.61 million to 22.64 million. Currently, 11.51% of the company’s float is held short.

Technical Analysis

At $177.20, the stock is up 9.02% over the past 12 months, which is a backward-looking gain that suggests the longer-term trend has been positive but not smooth.

Benzinga

Bitcoin Moves Against Wynn’s Bet…Again

Lookonchain, citing data from Hyperliquid perpetual exchange, stated that Wynn opened several short positions at entry prices between $66,975 and $67,264.

Then Bitcoin surged to $69,500 late Sunday, triggering unrealized losses that eroded margins and led to automatic liquidations. The latest liquidation was executed at $67,955.

This was Wynn’s sixth liquidation over the past two weeks. No open positions remained active.

From a high of more than $84 million, the trader’s account balance had fallen to $914 at the time of writing. Additionally, these bets resulted in more than $22 million in combined losses, a stark reversal from $76 million in…

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Apple has delisted the Bitchat messaging service from China’s App Store on orders from authorities, Block Inc. (NYSE:XYZ) CEO Jack Dorsy revealed on Sunday.

China Censors Bitchat

Dorsey posted Apple’s notification that the app was taken down after the Cyberspace Administration of China alleged it contained “illegal” content.

“Apps must comply with all legal requirements in any location where you make them available,” the notification read. “We know this stuff is complicated, but it is your responsibility to understand and make sure your app conforms with all local laws.”

Apple added that the app remains available in other jurisdictions.

Notably, Apple slashed App Store fees…

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Cryptocurrency analyst Willy Woo questioned on Sunday Sen. Elizabeth Warren’s (D-Mass.) wealth tax proposal targeting Amazon.com Inc. (NASDAQ:AMZN), Jeff Bezos.

Warren Defends Billionaires Tax

Woo responded to Warren’s claim that her proposed wealth tax on Bezos could fund insulin for all Americans and free school lunches for every child in Texas.

Warren noted that a 3% wealth tax on Bezos’ $222 billion fortune would still leave the tech titan with $215 billion to spare.

Bezos didn’t immediately return Benzinga’s request for comment.

Woo lashed out at Warren’s statements, stating that Bezos’s $15 billion investment created a space program and new technologies, while…

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Cryptocurrency bettors are aggressively speculating on what President Donald Trump will say at Monday’s conference alongside military officials.

Will The Speech Be De-escalatory?

Unsurprisingly, Trump mentioning “Iran” or “Iranian” more than 15 times carried 74% odds on Polymarket. “Power” or “Strength” carried the highest possibility at 85%, while “Pilots/Crew/Staff” drew a 67% chance.

Words like “Hell” and “Obliteration,” which Trump has repeatedly used to describe the military campaign in Iran, drew odds at 69% and 65%, respectively.

While “Make a Deal” had a 65% chance of being mentioned, there was no contract for “Ceasefire.”

Word Mention Wagers Jump

Benzinga

Leading cryptocurrencies rose overnight on Sunday while stock futures dipped as President Donald Trump’s warning to Iran put investors on edge.

Institutional Buying Boosts ETH

Bitcoin spiked to $69,500 late in the evening, while trading volume jumped 62% over the last 24 hours. Ethereum rallied to $2,130, as Bitcoin’s rise sparked broader market buying. XRP and Dogecoin also traded in the green.

Over $250 million were liquidated in the past 24 hours, predominantly bearish short positions,  according to Coinglass data.

Open interest in Bitcoin futures rose 3.62% in the last 24 hours. Meanwhile, sentiment for the apex cryptocurrency among Binance’s retail derivatives users stayed…

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In a post on X, Saylor warned the market about a different kind of threat: misguided thinking that leads to harmful changes to the Bitcoin protocol. In the same post, he said Bitcoin has effectively secured broad acceptance as digital capital, tying the next phase of growth to credit creation and banking rails.

Are Capital Inflows Redefining Bitcoin Dynamics?

The capital-flow lens is showing up in market plumbing as well as corporate balance sheets. Glassnode’s on-chain read points to spot buying—not leverage-driven churn—as Bitcoin returned toward the mid-$70,000 area, with spot cumulative volume delta turning positive across major exchanges.

Other signals also line up with that…

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This week was a whirlwind of events in the world of finance and technology. From Coinbase Global Inc. securing a conditional approval to operate as a national trust company, to the looming quantum threat to Bitcoin and the ongoing debate on financial inclusivity, the stories were as diverse as they were impactful. Here’s a quick recap of the top stories.

Coinbase Gets Conditional Approval To Operate As National Trust Company

Coinbase Global Inc. announced on Thursday that it has received conditional approval from the Office of the Comptroller of the Currency to form a federally chartered national trust company. The company clarified that it is not transitioning into a commercial bank…

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