Reports have emerged about a hours-long phone conversation between the heads of state of the US and Russia, where topics ranged from the growing tension in the Middle East to Donald Trump’s birthday. According to some publications, the POTUS described the Israel-Iran situation as “very alarming,” as there’s no closure in sight. BREAKING: President Trump […]
TL;DR Cardano whales have changed their behavior toward the asset by starting to dispose of massive ADA quantities. The asset’s price experienced some notable volatility as of late, not just because of the ongoing geopolitical tension but also due to Hoskinson’s latest proposal. Whales Sell CryptoPotato reported at the start of the business week that […]
Bitcoin, Ethereum Hit Hard by Geopolitical Tensions: Binance Funding Rates Signal Deep Bearish Shift
In the early hours of Friday, June 13th, the cryptocurrency market faced intense downward pressure following a surprise military strike by Israel on Iran. The geopolitical shock sent global risk assets tumbling, with Ethereum (ETH) experiencing a sharp drop below the crucial $2,600 support level. Geopolitical Shock According to the latest analysis shared by CryptoQuant, […]
American retail giants Amazon and Walmart are reportedly considering the possibility of launching their own stablecoins. This move could potentially change how consumers pay for goods online while helping large retailers reduce costly transaction fees. A Cheaper Payment Alternative According to the Wall Street Journal, both companies are mulling whether to create brand-specific coins or […]
Sharplink Gaming has taken a major step into the crypto space by establishing an Ethereum Treasury Reserve and acquiring over $462 million worth of ETH. This move makes the company the largest public holder of ETH, second only to the Ethereum Foundation. According to a press release, Sharplink purchased 176,270.69 ETH at an average price […]
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 emergency, saying the country expected counter-attacks […]
Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last week’s options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours. […]
Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. Is The EF Leadership Being Overambitious? In a July 11 X […]
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could […]
With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a signal of growing retail interest. This […]