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Express News | Analyst: If Bitcoin breaks above the key resistance level of $64,700, it could rise to $68,000.
Iran announced the closure of the Strait of Hormuz, as U.S. forces stated they were launching strikes against Iran and explosions were heard in multiple Iranian locations.
On July 12, Iran's Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz, prohibiting all vessel traffic until the United States ceases its intervention. The U.S. military declared it would strike Iran in response to attacks on civilian vessels in the strait. Explosions were subsequently reported in southern Iran, including in Bushehr, Asaluyeh, Qeshm Island, and Chabahar Port. The IRGC warned that if the U.S. uses this as a pretext for new attacks, Iran will respond forcefully and target additional U.S. bases in the Middle East.
Bitcoin's BIP 110 Fork Deadline Nears With Miner Support at Zero
Express News | Empery Digital Sells Half of Its Bitcoin Holdings to Invest in AI Data Centers
Express News | A miner using a 1 TH/s mining rig exclusively claimed the block reward of 3.1382 BTC, an event with an estimated probability of occurring once every 16,000 years.
Express News | Adam Back and Michael Saylor successively posted statements opposing the BIP110 "filtered fork" proposal.