$660M Liquidated as Bitcoin Crashes on Trump-Iran Escalation Fears
The overall bearish trend that began following the rejection at $82,000 on Thursday evening worsened in the past 12 hours when another leg down drove BTC to a fresh multi-week low of $76,650 (on Bitstamp). The most evident reason for this was the new set of threats from US...
Read More
Iran conflict costs global firms $25B, impacts oil market stability
The Iran conflict exacerbates global economic instability, heightening energy market volatility and threatening future oil price surges. The post Iran conflict costs global firms $25B, impacts oil market stability appeared first on Crypto Briefing....
Read More
Crypto bridge Garden Finance suffers $11M hack via compromised solver
The Garden Finance hack underscores the fragility of crypto bridges, highlighting systemic risks in centralized key management and trust models. The post Crypto bridge Garden Finance suffers $11M hack via compromised solver appeared first on Crypto Briefing....
Read More
NextEra Energy discusses $76 per share offer for Dominion Energy
The merger could reshape the energy landscape, blending stable utility operations with renewable growth, but faces regulatory and market hurdles. The post NextEra Energy discusses $76 per share offer for Dominion Energy appeared first on Crypto Briefing....
Read More
Aave restores WETH borrowing as Kelp DAO recovery moves ahead
Aave has restored borrowing against wrapped Ether across affected markets as the decentralized lending protocol continues recovering from the fallout tied to Kelp DAO’s April exploit. In a post published Sunday, Stani Kulechov said Aave had reinstated loan-to-value ratios for…...
Read More
These 4 Factors Could Move Bitcoin and Crypto This Week
Crypto markets are tanking and have wiped out almost three weeks of gains, with losses accelerating over the weekend. The week ahead has some key consumer sentiment reports amid rising US inflation and a number of Federal Reserve speeches under new leadership. Meanwhile, the war in Iran will mark its...
Read More
Donald Trump’s Iran war costs Americans $40B in fuel bills
Rising fuel costs from military actions strain American households, highlighting the economic vulnerability tied to geopolitical conflicts. The post Donald Trump’s Iran war costs Americans $40B in fuel bills appeared first on Crypto Briefing....
Read More
Absa weighs joining yuan payments platform to boost China-Africa trade
Absa’s potential move to join the yuan payments platform could reduce Africa’s dollar dependency, lowering transaction costs and currency risks. The post Absa weighs joining yuan payments platform to boost China-Africa trade appeared first on Crypto Briefing....
Read More
Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns....
Read More
Bitcoin Depot files for Chapter 11 bankruptcy amid tightening Bitcoin ATM regulations
The shutdown highlights the increasing regulatory challenges and compliance costs facing the crypto ATM industry, impacting its viability. The post Bitcoin Depot files for Chapter 11 bankruptcy amid tightening Bitcoin ATM regulations appeared first on Crypto Briefing....
Read More