Tag: Breaking

President Donald Trump stated on Monday that the war against Iran is “very complete, pretty much,” and could conclude “very soon.” The Islamic Revolutionary Guard Corps (IRGC) countered the claim, asserting that Iranian forces will be the ones to “determine the end of the war.” Bitcoin (BTC) jumped 4.5% to approach the $69,000 level as oil prices retreated from intraday highs following the de-escalation signals. Digital assets and global...

The CL-USDC perpetual contract tracking WTI crude oil surpassed $1.2 billion in 24-hour trading volume on Hyperliquid. The surge made oil the second-most traded asset on the platform, trailing only Bitcoin and overtaking Ethereum. Extreme volatility in traditional energy markets, driven by the Strait of Hormuz closure, fueled the demand for 24/7 leveraged commodity trading. The decentralized exchange Hyperliquid witnessed an unprecedented...

Block CEO Jack Dorsey confirmed the company will support stablecoins, marking a pivot from its historically Bitcoin-only product strategy. The decision is primarily motivated by customer demand for fiat-pegged assets as the stablecoin market capitalization hits $318 billion. The shift follows a massive corporate restructuring where Block cut its workforce by 40% to transition into an AI-first organization. Jack Dorsey, the outspoken...

Brent crude futures hit $90 per barrel on Friday, marking a two-year high as the conflict between the U.S., Israel, and Iran enters its seventh day. Qatar’s Energy Minister warns of $150 oil if regional production remains disrupted, a scenario that could heighten global inflationary pressures. Bitcoin mining profitability faces a double-edged sword as energy costs rise, while some investors eye digital assets as a potential hedge against...

South Korea’s KOSPI index fell 20% over two trading sessions, triggering multiple circuit breakers and trading halts as geopolitical tensions in the Middle East sparked a massive sell-off. Bitcoin climbed 7% over the same 24-hour period, breaking above $73,000, as analysts observe signs of retail capital rotating from equities into digital assets. Despite the surge in crypto prices, the Kimchi premium remains near 1%, suggesting that while...