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Tag: Cryptocurrencies

Geopolitical Jitters Hit Crypto

Geopolitical Jitters Hit Crypto: How Israel-Iran War Fears Impact Bitcoin and Beyond

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Market Plunge: The crypto market shed 7% of its value, falling to $3.3 trillion, after Israel’s airstrikes on Iran on June 13, 2025. Key Declines: Bitcoin BTC dropped 5% to $103,464, Ethereum ETH fell 10% to $2,471, and altcoins like Solana SOL saw losses up to 11%. Liquidations Surge: $1.2 billion in crypto positions were liquidated as investors shifted to safe-haven assets like gold and U.S. Treasuries. Geopolitical Driver:...

Bitcoin, Cryptocurrencies, Ethereum, Front page, News

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WhiteBit Hedge Mode

WhiteBIT Launches Hedge Mode to Empower Crypto Futures Traders with Advanced Risk Management Tools

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WhiteBIT, Europe’s biggest cryptocurrency exchange by traffic, today announced the launch of Hedge Mode for futures trading — a new feature designed to give traders greater control and strategic flexibility in navigating market volatility. Hedge Mode enables users to simultaneously open long and short positions on the same futures market, allowing for more precise risk management and the execution of advanced trading strategies. This...

Cryptocurrencies, Exchanges, Press release

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Big Tech’s Exploration of Stablecoin Integration for Payments

Big Tech’s Exploration of Stablecoin Integration for Payments

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Research suggests Big Tech companies like Apple, X, Airbnb, and Google are exploring stablecoin integration for payments, driven by U.S. crypto policy shifts. It seems likely that stablecoins, pegged to assets like the US dollar, could reduce transaction costs and improve cross-border payments. The evidence leans toward the GENIUS Act, a debated bill, influencing these moves, with both support and criticism around consumer...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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How Musk and Trump’s Feud Shook the Financial World

How Musk and Trump’s Feud Shook the Financial World

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Tesla’s Historic Loss: Tesla shares dropped 14% on June 5, 2025, erasing $150 billion in market value, the largest single-day decline in the company’s history. Trump’s Threat: President Trump threatened to terminate government subsidies and contracts for Musk’s companies, including Tesla and SpaceX, over a dispute on a tax bill. Market Ripple Effects: The Nasdaq 100 fell nearly 1%, and the S&P 500 declined as investors reacted...

Cryptocurrencies, Front page, News

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Bitcoin Payments Get Green Light in California

Bitcoin Payments Get Green Light in California

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The California State Assembly passed AB 1180 with a unanimous 68-0 vote, allowing the state to accept payments in Bitcoin and other digital currencies. The bill, described as a “first-of-its-kind” initiative by Assemblymember Avelino Valencia, now heads to the Senate for further deliberation. This move could set a precedent for cryptocurrency adoption across the U.S., potentially influencing other states to follow suit. In...

Bitcoin, Crypto adoption, Cryptocurrencies, Ethereum, Front page, News

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