The US and Iran are close to finalizing a deal that would reopen the Strait of Hormuz for commercial shipping and unfreeze $20 billion in Iranian assets. Iran has proposed using Bitcoin to pay transit fees, potentially marking a major state-level use of cryptocurrency to bypass sanctions. This development could impact oil markets by increasing supply and introduce new regulatory challenges for crypto. The outcome depends on ongoing negotiations and whether Iran tests Bitcoin payments for maritime trade.
Elon Musk's SpaceX is targeting a $1 trillion valuation as it plans to establish a permanent lunar base by 2029-2030, competing with China. The company’s upcoming IPO, led by Goldman Sachs, has sparked debate over its high valuation, which could reac...
An anonymous whale wallet sold 20,000 ETH for about $41.18 million within an hour, averaging $2,059 per ETH. This large sale adds to recent whale exits, including an 8,771 ETH deposit to Binance earlier in May, signaling growing selling pressure on E...
Bitcoin's price recently fell below $75,000, prompting bearish sentiment among traders. According to Kalshi, the probability of Bitcoin dropping below $50,000 this year has increased to 40%, reflecting caution amid ongoing market volatility. Institut...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Cryptocurrency markets saw a general decline with Bitcoin trading around $75,403, down 1.87%. Major altcoins like Ethereum, Binance Coin, and Solana also experienced price drops, some exceeding 3%. The market shows cautious sentiment as investors rea...
