Bitcoin briefly dropped below $100,000 during the 12-day conflict involving Israeli and US strikes on Iran, along with retaliatory attacks on Israel and US bases in Qatar. Markets were shaken until US President Donald Trump confirmed that both Israel and Iran had agreed to a ceasefire. This announcement triggered a rebound in global risk sentiment. […]
Crypto prediction market platform Kalshi has raised $185 million in a Series C round led by Paradigm, reaching a $2 billion post-money valuation. “People choose to work at Kalshi not because of the money we’ve raised, but because of our ambition: build the most important financial market on the planet,” said CEO Tarek Mansour, celebrating […]
Spot Bitcoin ETFs have seen almost $1.5 billion in inflows so far this week as institutional investors are driving the markets. In just three trading days, aggregate inflows for US spot BTC funds totalled $1.48 billion, according to Farside Investors. Additionally, there has not been an outflow day since June 6, almost three weeks ago. […]
Chainlink and Mastercard have partnered to enable payment for 3 billion cardholders worldwide to purchase crypto assets directly on-chain through secure fiat-to-crypto conversion. The collaboration is enabled by Chainlink’s secure interoperability infrastructure and Mastercard’s trusted global payments network, “removing long-standing barriers that have kept mainstream users from accessing the on-chain economy,” the firms stated in […]
On Tuesday, the largest publicly traded holder of Ethereum announced that it had strategically increased its total holdings to 188,478 ETH. The firm acquired an additional 12,207 ETH for $30.6 million at an average price of $2,513 per ETH, between June 16 and 20, it added. SharpLink’s Ethereum treasury is currently worth around $460 million […]
The total circulating supply of USDT on the Tron blockchain (TRC-20) has surpassed $80 billion, according to the latest data from CryptoQuant. This figure marks a major milestone for the network as it reflects its growing dominance in the stablecoin market. Tron’s $80B USDT Milestone Since late 2020, Tron has experienced parabolic growth in USDT […]
A stunning misstep amid Bitcoin’s recent price swings caused by escalating Middle East tensions has reportedly seen seasoned crypto trader AguilaTrades lose over $35 million in just two weeks. According to a detailed thread posted on X by on-chain analytics account Lookonchain on June 23, the punter’s aggressive leveraged bets unraveled spectacularly as the Israel-Iran […]
US President Donald Trump announced a complete ceasefire between Israel and Iran, potentially ending the 12-day war, late on Monday. Trump took to his social media network, Truth Social, to state, “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.” Trump on the Israel/Iran […]
Bitcoin has fallen almost 10% from its all-time high and dipped back into five figures briefly during late weekend trading. While institutional demand remains strong, the correction could continue into July if history rhymes, observed analysts. Market analyst Benjamin Cowen said that “Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness […]
Binance’s former CEO, Changpeng Zhao (CZ), has warned about a new wave of cyberattacks targeting crypto data platforms. This follows recent breaches at CoinMarketCap (CMC) and CoinTelegraph (CT) that exposed users to wallet-draining phishing schemes. The CMC and CT Attacks “Hackers are targeting information websites now. Be careful when authorizing wallet connect,” CZ said in […]