Bitcoin Price Crashes Toward $103K, Crypto Markets Bleed S200 Billion After Israel Strikes Iran
More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of...
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Bitcoin Whales Steadily Pulling Funds From Binance – What’s Fueling The Action?
Even as bearish pressure builds, Bitcoin’s price continues to hold above the $109,000 mark after its recent rebound that pushed its price beyond $110,000. BTC’s rebound has triggered a wave of renewed conviction, as evidenced by massive outflows by whales on the Binance crypto platform. Large BTC Holders On...
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Gold-Backed Cryptos Surge As Israel-Iran Tensions Ignite Safe-Haven Rush — Coins Linked To Tether, PAX Top 30% YTD, Outshine Bitcoin
Gold and its cryptocurrency derivatives surged Thursday night as investors sought refuge in the safe haven following Israel’s strikes on Iran. What happened: Spot gold was up 1.20% to $3,427.51 per ounce as of this writing, its highest level in more than a month. Gold futures on the Commodity...
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GameStop Preps War Chest For Potential $1.75 Billion Bitcoin Play
GameStop has told investors it plans to raise $1.75 billion through convertible notes, just a day after adding 4,710 BTC to its balance sheet. The private offering is aimed at qualified institutional buyers. It carries no cash interest and will come due in mid-2032. Convertible Notes Offer High Flexibility...
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Why is crypto down today? Bitcoin, Ethereum, Solana sink as Israel strikes Iran
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors. Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped…...
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Sharplink Gaming drops 73% amid looming $1B Ethereum buy
A crypto executive says if Sharplink Gaming were to announce its planned mega-Ether buy tomorrow, it could “light the match to reignite the stock.”...
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Cardano Dev Firm Fast-Tracks Starstream Rollout: Why It Matters
Sebastien Guillemot, co-founder of Paima Studios and dcSpark, jolted the Cardano developer community on X this afternoon with a terse progress report: “We’re up to 3 full-time developers working on Starstream (on top of myself)… We’re accelerating development to bring it to mainnet faster given all the interest.” The...
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FSB Chief Klaas Knot Flags Stablecoins as Risk to Global Finance
Klaas Knot, the outgoing head of the Financial Stability Board, has a message for the global finance world: keep your eyes on stablecoins. Speaking at a recent event in Madrid, Knot said we’re edging toward a point where crypto markets and traditional finance are so intertwined that a crack...
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Treasury Chief Says U.S. Crypto Holdings Could Hit $2 Trillion
Treasury Secretary Scott Bessent is making headlines with a bold claim. He says U.S. investors could end up holding a whopping $2 trillion in crypto. His prediction landed right as Bitcoin pushed past $110,000, lighting up a market that’s been searching for direction. Bessent’s $2 trillion crypto prediction means...
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Asia Morning Briefing: Could 3AC and Terraform be Blamed for Singapore’s Crackdown on Offshore Crypto Firms?
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading...
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