Bank Leumi customers will be able to trade bitcoin, ether and solana through the bank’s investment app from early 2027.
Bitcoin traders are already betting the wider US-Iran ceasefire will hold. Data from prediction market Polymarket puts the odds of a permanent peace deal by April 22 at 23%. Related Reading: Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts Markets React To Diplomatic Breakthrough That confidence is showing up in Bitcoin’s price. The world’s largest cryptocurrency climbed to $74,650 on Thursday, bouncing back from an intraday low of around $73,050, according to TradingView data. The move came within hours of US President Donald Trump announcing a 10-day ceasefire between Israel and Lebanon — a deal that had been quietly taking shape following direct talks between the two countries on US soil the day before. Trump made the announcement on Truth Social, saying both sides had agreed to begin the truce immediately as part of broader efforts toward lasting peace. Short. Direct. And enough to move markets. Nuclear Talks Add To Optimism The Israel-Lebanon deal matters beyond its own terms. Iran had made clear it would walk away from its own ceasefire agreement with the US if Israeli strikes on Lebanon did not stop. With that condition now met, the path to a second round of US-Iran peace talks looks more open. Reports from Pakistani mediators indicate a major step forward on Iran’s nuclear program, which was the main sticking point when the two sides failed to reach a deal in the first round of negotiations last weekend. Bitcoin had already touched a multi-month peak of $76,000 earlier this week, driven by growing optimism that the US-Iran conflict could wind down. The war had weighed heavily on risk assets from its early days, with rising oil prices stoking inflation fears that kept investors cautious. As those concerns ease, money has started moving back into crypto. Ceasefire Extension In Focus Tensions remain, even if they have softened. Trump’s decision to blockade the Strait of Hormuz earlier this week rattled nerves, though markets have since stabilized. The window for a resolution is narrow. Both the US-Iran truce and the newly announced Israel-Lebanon ceasefire are short-term arrangements, not permanent agreements. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces Still, the mood among traders has shifted. Pakistani officials are said to be shuttling communications between Washington and Tehran ahead of a potential second round of talks. Based on reports, both governments continue to engage through back channels even as formal negotiations pause. Whether the ceasefires hold — and whether they grow into something more durable — will likely determine where Bitcoin heads next. Featured image from ddnews.gov.in, chart from TradingView
Investors are currently sifting through a decade of market data to see if a massive spike in energy costs will sink Bitcoin and the crypto market. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold While many people focus on the immediate price of oil, the real damage to Bitcoin in the past often came from internal industry blowouts rather than what was happening at the gas pump. The 2014 crash happened alongside the Mt. Gox exchange failure. In 2022, the Terra-Luna collapse wiped out billions. These events, rather than just expensive fuel, played the biggest role in deepening previous bear markets. The Weight Of Geopolitics On Digital Assets Reports indicate that West Texas Intermediate (WTI) crude oil jumped above the $104 mark on Monday. This is the highest price seen in nearly four years. US President Donald Trump recently expressed a desire for the US to maintain indefinite control over the oil industry in Iran. Such statements and global tensions usually push oil higher. When energy becomes this expensive, it often acts as a drag on the entire economy. It takes money out of the pockets of everyday people who might otherwise buy digital assets. Data shows that Bitcoin miners also feel the sting because their operations require significant amounts of power. In the past 12 years, there have only been three times when oil hit this specific $104 level. Because these events are so rare, some analysts believe it is hard to say for sure that one causes the other. The first instance occurred in June 2014 when ISIS moved into northern Iraq. Bitcoin was trading around $600 at the time but lost 21% of its value over the next 10 weeks. It stayed down for a long time. It actually took more than two years for the price to climb back to where it started before that specific oil spike. Searching For Patterns In A Volatile Market The most recent example happened in May 2022. This followed a proposal by the European Commission to phase out Russian oil imports. Bitcoin did not just dip; it fell 25% in only seven days. That specific crash started a bear market that lasted for 19 months. Even though oil prices eventually dropped back below $100 for several years, the damage to the crypto world was already done. Based on reports, the current return to triple-digit oil prices has many traders on edge. They are watching to see if history will repeat itself or if the market has become strong enough to handle the pressure. Related Reading: 8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3 A Fear Of Broad Economic Pullbacks Not every spike leads to a permanent disaster. In March 2022, Bitcoin dropped 15% after the Russia-Ukraine war began and oil soared. However, that loss was erased in less than a month. Even though oil stayed high, Bitcoin managed to recover its footing quickly. This shows that the relationship between the two is not always a straight line. Sometimes the market reacts to the news of war more than the actual cost of the commodity. Featured image from Trade Brains, chart from TradingView
Bitcoin’s halving clock is ticking toward what analysts call a critical threshold — and the crypto market has bigger problems on its hands right now. Related Reading: XRP Ledger Signals Growth With $1M Unlock And Activity Surge Conflicting Signals From Washington And Tehran Reports indicate that US President Donald Trump described recent contact with Iranian officials as productive, suggesting both sides had found common ground on winding down hostilities. He even floated the idea of Iran sharing control over the Strait of Hormuz and working alongside whoever leads the country after Supreme Leader Ali Khamenei. Markets moved fast on those words. Bitcoin climbed from roughly $68,850 to $71,250 — a gain of about 3.50% — while Ethereum rose 2.50% to $2,125. Oil, which had been trading above $100 a barrel, dropped to $89.40. Iran’s Foreign Ministry Pushes Back Spokesperson Esmail Baqaei said his government has not held any talks that could be described as productive with Washington. He added that Iran has not responded to messages passed through third-party countries — Turkey, Oman, and Egypt among them — urging a negotiated off-ramp from the conflict. Iran’s conditions for ending the war remain unchanged: US military bases closed, American forces disarmed, full control of the Strait of Hormuz transferred to Iranian governance, financial compensation for war damages, and a binding guarantee against future military action. Those are not conditions that bend easily. Markets Caught Between Two Stories With Washington and Tehran offering opposing accounts of where diplomacy stands, crypto traders were left with little to go on. Bitcoin stalled near the $70,000 mark, unable to hold the momentum it briefly found on Trump’s remarks. The mismatch in statements from both governments has kept investors cautious, and analysts say continued volatility is likely as long as the geopolitical situation stays unresolved. Oil prices are a key variable. If the conflict heats back up — especially around the Strait of Hormuz, through which a significant portion of the world’s oil passes — energy costs could surge again. Higher energy prices feed inflation, and inflation clouds the outlook for interest rates. That chain of events tends to pull risk assets lower, and crypto has not been immune. Upcoming releases on US inflation and unemployment claims, along with commentary from the Federal Reserve on how rising energy costs might shape rate decisions, are all on traders’ radar this week. Related Reading: Crypto Adoption No Longer Optional, Survey Finds As 72% Of Finance Leaders Signal Commitment Whale Activity Points To A Market At A Crossroads On-chain data shows Bitcoin’s Exchange Whale Ratio sitting at 0.7. Based on historical patterns, that level has often appeared near market bottoms, which some read as a sign that large holders are accumulating rather than selling. Featured image from Trends Research, chart from TradingView
A potential US military strike on Iran’s main oil export terminal helped push Bitcoin to its highest price in over a month Monday, as traders poured money into crypto while pulling back from stocks. Related Reading: WLFI Holders Face New 6-Month Lockup Rule To Gain Voting Power Squeeze At The Top Reports show Bitcoin jumped from roughly $72,400 to $74,320 in under 30 minutes — a move sharp enough to wipe out $113 million in short positions within the hour. Based on data from CoinGlass, around 94,612 traders were liquidated in the last 24 hours, the total liquidations comes in at $385.48 million. Short sellers, who had bet on prices falling, were forced to buy back their positions as the price climbed, which pushed it even higher. By early afternoon, Bitcoin was trading near $73,900, up 2.7% on the day. War Fears, Oil Shocks, And A Crypto Bounce The backdrop was anything but calm. US President Donald Trump has been pushing allies — including Britain and Japan — to help form a coalition to reopen the Strait of Hormuz, which Iran has blocked. Reports indicate Trump is also weighing a military seizure of Kharg Island, the facility that handles roughly 90% of Iran’s crude oil exports. The threat rattled energy markets and sent oil prices climbing. But while stocks have shed trillions in value since the US-Iran conflict broke open on February 28, crypto moved the other way. The total digital asset market cap has grown by more than $310 billion since then. Bitcoin alone is up over 15% from its post-strike lows. Gold posted only modest gains over the same stretch. Traders point to a shift in where money goes when traditional markets wobble. As oil supply fears mount and inflation concerns build, some investors have been moving capital into assets like Bitcoin that sit outside the traditional financial system. Related Reading: XRP Faces Systematic Rigging, Major Holder Says ETF Inflows Add Fuel The rally isn’t just about war headlines. Continued cash flows into US spot Bitcoin exchange-traded funds have provided a steadier, quieter lift beneath the more dramatic price swings. Optimism around pending crypto legislation added to that mood heading into Monday’s market open. Still, the week ahead carries a lot of uncertainty. A pullback in geopolitical tension could ease the demand that helped drive the spike. And with leveraged buyers now holding positions near recent highs, a reversal could hit hard and fast — the same way Monday’s rally did on the way up. Featured image from Arash Khamooshi/The New York Times/Redux, chart from TradingView
The United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration told lawmakers this week that the war cost at least $11.3 billion through its first six days, Reuters reported on March […]
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Central banks aren’t buying it. Billionaire investor Ray Dalio doesn’t trust it as a safe haven. And Bitcoin is trading 44% below its October peak while gold sits near all-time highs. Related Reading: Bitcoin Crosses 20 Million Coins Mined — And Only 1 In 20 Remains That’s the backdrop against which Bitwise Asset Management’s chief investment officer is making the case that Bitcoin could still reach $1 million a coin within a decade. A Different Way To Run The Numbers Most people who shoot down the $1 million forecast do so by pointing out what it would take for Bitcoin to swallow up half of gold’s current market value. Matt Hougan says that’s the wrong calculation. According to Hougan, the error is treating gold’s market cap as a fixed number rather than a moving one. Gold has grown at roughly 13% annually since 2004, climbing from $2.5 trillion to around $38 trillion — driven by rising government debt concerns, geopolitical tension, and loose monetary policy. Hougan projects that if gold’s trajectory holds, the broader store-of-value market will reach around $121 trillion within 10 years. At that scale, Bitcoin would only need to capture 17% of the total — about one-sixth — to be worth $1 million per coin. That’s a notably different ask than the 50% figure critics typically cite. Hougan also pointed to institutional investment as a driver. Exchange-traded funds, sovereign wealth funds, and growing portfolio allocations are all being cited as forces that could push Bitcoin’s market share higher over the next decade. “There are still miles to go,” he wrote in a blog post, “but capturing a sixth of the store-of-value market in 10 years doesn’t seem extreme.” The Gap Between Thesis And Charts The argument rests on Bitcoin behaving more like gold over time. Right now, it isn’t. Gold struck a record high above $5,327 per ounce in late January and remains within 2.2% of that level. Bitcoin, by contrast, has been sliding. It’s down sharply from its highs, even as the macroeconomic conditions — debt concerns, inflation uncertainty, geopolitical friction — that typically lift gold have remained very much in play. Research out of NYDIG addressed this gap directly in early March. Bitcoin does not appear to be getting priced as a macro hedge, a sovereign risk hedge, or an inflation trade, according to the firm’s global head of research. That disconnect explains the frustration around Bitcoin’s failure to track gold despite the “digital gold” label that has followed it for years, NYDIG said. Dalio’s Pushback Dalio added his voice to the skeptics’ side earlier this month, arguing that gold remains a far stronger long-term store of value. His reasoning: central banks are buying gold, not Bitcoin. And Bitcoin, he said, trades less like a commodity hedge and more like a tech stock — something that follows risk appetite rather than countering it. Related Reading: Bitcoin ETFs Break 5-Month Streak With 2nd Consecutive Week Of Inflows Bitcoin & Iran-US War Bitcoin’s recent price action tells the story plainly. A US-Israeli military strike on Iran in late February triggered over $300 million in crypto liquidations, pushing Bitcoin lower before a partial recovery followed signals that the conflict could be winding down. It moved with risk appetite, not against it — which is exactly the behavior Dalio and others point to when they argue Bitcoin still has a long way to go before it earns the gold comparison. Featured image from Unsplash, chart from TradingView
Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place. The estimate links the economic toll to the Home Front Command’s […]
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Arthur Hayes was wrong before. In December, the BitMEX co-founder predicted Bitcoin would hit $200,000 by March 2026. It didn’t. Bitcoin is trading near $71,000. Hayes is now calling for $500,000 to $750,000 by the end of the year, and his reasoning runs straight through the Middle East. Related Reading: Iran’s Crypto Market Shaken As Outflows Skyrocket 700% War, Spending, And The Fed Hayes argues that a prolonged US military conflict involving Iran would put severe pressure on federal finances. As government spending climbs, he believes policymakers would face little choice but to cut interest rates and pump more money into the financial system. That combination — loose monetary policy and expanding liquidity — is what he thinks sends Bitcoin sharply higher. The argument is grounded in history, at least partially. During the 1990 Gulf War, Federal Open Market Committee members openly cited Middle East instability as a factor in their deliberations. Crypto billionaire Arthur Hayes is predicting a $500k – $750k Bitcoin by end of 2026??? Trump admin + Iran conflict + Fed easing = ???????? He explains: pic.twitter.com/AU23sd216a — Altcoin Daily (@AltcoinDaily) March 2, 2026 By late 1990, the Fed had cut rates as economic confidence dropped. After the September 11 attacks in 2001, then-Fed Chair Alan Greenspan pushed for an emergency 50-basis-point cut, which was implemented almost immediately. Markets steadied shortly after. Hayes draws a direct line from those episodes to what he sees unfolding now. Large military operations cost hundreds of billions. Fiscal pressure builds. The Fed eventually eases. Risk assets, including Bitcoin, rise. A Pattern Hayes Has Bet On Before He made this case publicly in a Substack post, where he wrote that investors could find a meaningful entry point once the Fed begins cutting rates or expanding the money supply. He named Bitcoin and a handful of what he called high-quality altcoins as the assets best positioned to benefit once that shift begins. The key moment, in his view, is not the conflict itself but what comes after. Rate cuts and fresh liquidity, he argues, are what actually move prices. Related Reading: Long-Term Bitcoin Holders Buy $14 Billion In BTC As Retail Headed For The Exit The Gap Between The Forecast And The Chart Bitcoin’s current price tells a different story from Hayes’ projections. The coin sits roughly half its October peak of $126,000. While gold and oil climbed after US and Israeli strikes killed Iranian Supreme Leader Ali Khamenei, Bitcoin did not follow. It sold off initially before recovering to current levels. That disconnect — commodities rallying while Bitcoin lags — has not shaken Hayes’ outlook. His $500,000 to $750,000 call remains intact, pinned to the belief that monetary policy, not headlines, is what ultimately drives the price. Whether the Fed moves in that direction depends on how long and how costly the conflict becomes. Featured image from US Air Force, chart from TradingView
Hours after explosions were reported in Tehran, digital money began moving. Reports say cryptocurrency withdrawals from Iran’s largest exchange jumped sharply as news of US and Israeli airstrikes spread across the country. Related Reading: Crypto’s Quietest Month In Nearly A Year — But Hackers Haven’t Gone Away Blockchain data reviewed by analytics firms shows outflows rising about 700% in a short window, a spike that stood out against normal daily activity. Crypto Rush Follows Airstrikes According to blockchain tracking firm Elliptic, wallets linked to Nobitex, Iran’s biggest crypto trading platform, sent out far more funds than usual within minutes of the first strike. In less than an hour, transfers climbed into the millions of dollars. The surge was quick. It was also brief. The timing caught attention. Based on reports, the jump began almost immediately after confirmation of military action. Digital assets were shifted to external wallets and, in some cases, to overseas exchanges. For many Iranians who already face sanctions and banking limits, crypto has become one of the few ways to move value across borders. Nobitex has long operated in a gray zone shaped by sanctions and capital controls. Crypto use in the country has grown over the years as access to global finance tightened. During past waves of unrest, similar patterns were recorded, though not always at this scale. Internet Blackout Slows The Flow The rush did not last. Reports note that internet connectivity across Iran dropped by about 99% shortly after the strikes, limiting further transfers. With connections cut or heavily restricted, the stream of outgoing crypto transactions slowed to a trickle. TRM Labs, another blockchain analytics firm, said the spike may reflect short-term panic rather than an organized effort to move large pools of capital. A sharp move from a low base can look dramatic in percentage terms. Some transactions were completed before the blackout. Others appear to have stalled. Transfers can be initiated quickly, but they still depend on access to the internet and functioning platforms. When connectivity disappears, so does that option. Weakened Currency Iran’s economy has been under strain for years. Sanctions tied to its nuclear program and regional policies have limited trade and weakened the national currency. Crypto mining and trading, at times tolerated and at other times restricted, have offered an alternative path for some citizens and businesses. Related Reading: Wall Street Giant JPMorgan Sees Clarity Act Driving Second-Half Upside There has been no public sign that the spike altered broader crypto prices. Bitcoin and other major tokens reacted more to global risk sentiment than to activity inside Iran alone. Still, the 700% surge serves as another example of how quickly digital money can respond to geopolitical shocks. For a few tense hours, crypto became a lifeline for some users in Iran. Then the cables went dark, and the flow slowed. Featured image from Pixabay, chart from TradingView
War is burning across the Middle East. Oil prices are climbing. Stock markets in Asia have taken a hit. And yet, Bitcoin is still standing above $66,000 — a fact that has caught the attention of analysts keeping a close eye on the market. Related Reading: Crypto’s Quietest Month In Nearly A Year — But Hackers Haven’t Gone Away Calm Where There Should Be Panic The group most closely watched during moments of market stress is what analysts call short-term holders — people who bought Bitcoin recently and are most likely to sell fast when things go wrong. Based on reports from on-chain data platform CryptoQuant, that group has stayed unusually quiet. When Bitcoin slipped into the $63,000 to $64,000 range on Feb. 28, exchange inflows from recent buyers barely moved. No major wave of selling followed. No spike in coins being rushed to exchanges at a loss. That was not the case earlier in February. Reports say that on Feb. 5-6, short-term holders sent 89,000 BTC to exchanges at a loss within a single 24-hour window. It was a clear panic event. Since then, those kinds of loss-driven transfers have been falling steadily — and the Iran escalation did not reverse that trend. CryptoQuant analyst Moreno, who tracked the data, says this matters because markets tend to find their footing once the most nervous sellers have already exited. If exchange inflows from short-term holders remain low, it could point to seller exhaustion and set the stage for a price recovery. A sudden jump in those inflows, however, would suggest the selling is not done. What History Says About War And Bitcoin This is not the first time Bitcoin has been tested by armed conflict. According to market analyst Ted Pillows, the pattern has played out twice before. When Russia launched its invasion of Ukraine in February 2022, Bitcoin dropped — then surged 40%. When Israel struck Iran in June 2025, Bitcoin dipped again before gaining 25%. Feb 2022: Russia attacked Ukraine. ▫️ $BTC dumped first and then rallied 40%. June 2025: Israel attacked Iran. ▫️ Bitcoin dumped first and then rallied 25%. Feb 2026: US attacked Iran. Will a similar pattern follow again? pic.twitter.com/b8FLF4aR9p — Ted (@TedPillows) February 28, 2026 Now, following joint US-Israeli strikes on Iran in February 2026, Bitcoin has once again pulled back. Pillows is now asking whether that same rebound pattern could follow a third time. The current conflict is far larger than those earlier flashpoints. Reports say US-Israeli forces struck more than 2,000 targets across 131 Iranian cities and provinces, hitting nuclear sites, missile systems, and senior military figures, including Iran’s Supreme Leader. Related Reading: Wall Street Giant JPMorgan Sees Clarity Act Driving Second-Half Upside Bitcoin Price Action Iran fired back with missiles and drones aimed at Israel, US bases, and multiple Gulf states. The war has dragged in Lebanon, Bahrain, Saudi Arabia, Qatar, the UAE, Cyprus, and a UK military base. Bitcoin has dropped 3.5% since Feb. 26, bringing its price to $65,540. It briefly touched $63,030 on Feb. 28 before climbing back above $65,000. Given the scale of what is happening on the ground, that kind of price movement is relatively contained. Featured image from Pexels, chart from TradingView
Market analyst MorenoDV_ reports a muted response by Bitcoin short-term holders (STH) to a combined attack by the US and Israel on Iran. The observation is important considering the previous sell-offs that have dominated the market in recent months. Related Reading: Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran Bitcoin STH Reaction To Geopolitical Conflict Signals Seller Exhaustion – What Next? The Bitcoin short-term holders refer to a cohort of investors who acquired Bitcoin over the last 155 days. They are described as the most reactive set of investors, and therefore, activity is often indicative of short-term volatility and price direction. According to MorenoDV_ in a QuickTake post on February 27, these short-term holders are showing a moderate market response to the heightened geopolitical tensions in the Middle East after the US and Israel launched a coordinated attack on Iran. Using data from the Bitcoin STH P&L to exchanges 24H, the renowned market analyst reports subdued inflows to exchanges, indicating no panic profit taking or loss capitulation, even despite an event that has historically triggered a mass sell-off. MorenoDV_ explains that this shift in market behavior came after the major market capitulation between February 5-6, when Bitcoin short-term holders sent 89,000 BTC to exchanges at a loss within 24 hours. Following this event, loss-driven inflows appear to have steadily reduced, indicating sellers’ exhaustion, or a positive shift from panic to patience. With respect to the conflict between the US, Israel, and Iran, there was no spike in STH exchange inflows even as prices dipped to around $63,000-$64,000. MorenoDV_ states that this important observation suggests a complete exit of weak hands from the market as well as significant absorption of recent liquidation pressure. Looking ahead, if the STH holders maintain a muted response to other bearish triggers, it would suggest a market stabilization phase that has historically preceded a bullish market recovery arc. On the other hand, an increase in STH exchange inflows and realized losses would indicate market drawdown is incomplete, and investors still stand at risk of further decline. Related Reading: Bitcoin Enters Fragile Phase As Annual LTH Realized Profits Taper — Details Bitcoin Price Overview At the time of writing, Bitcoin is valued at $67,007, reflecting a slight rebound of 4.41% in the last 24 hours. In tandem, daily trading volume is up by 0.81% and valued at $40.81 billion. The premier cryptocurrency continues to move within a defined range of $60,000-$70,000 as seen for the majority of February. While analysts continue to speculate on the cycle bottom, the conditions for a bullish reversal, such as a recovery in ETF inflows, a spike in LTH demand, or a dovish Fed outlook, also remain absent. Featured image from Unsplash, chart from Tradingview
One trader who made over $2 million in recent months betting against the strikes lost $6.5 million in a single day after the U.S. and Israel attacked Iran.
The missiles started flying, and so did the sell orders. Within hours of the US and Israel launching coordinated strikes on Iran, Bitcoin had dropped as much as 3.8% to $63,038, Ethereum had fallen nearly 9%, and more than 152,000 traders had been liquidated across crypto markets. With traditional stock and bond markets closed for the weekend, digital assets absorbed the full force of the panic — alone. Related Reading: Bitcoin Sell-Off Slows Down, But The Road To Recovery Is Long — Analyst US And Israel Hit Iran’s Military And Nuclear Sites US President Donald Trump confirmed on Friday that the US had begun what he described as “major combat operations” against Iran, with strikes aimed at the country’s missile systems, naval assets, and nuclear infrastructure. Reports say Israel’s Defense Minister Israel Katz described the operation as a preemptive move, with both governments coordinating the assault. The scale and speed of the attack caught many off guard, and Iran’s response came quickly. The US is carrying out strikes on Iran, two US officials tell CNN. Follow live updates: https://t.co/pG6pfrPwlm pic.twitter.com/vPGeQ9ILHp — CNN (@CNN) February 28, 2026 According to reports, Iran launched waves of missiles and drones targeting not just Israel but American military installations across the Gulf region. A US base in Bahrain was reportedly struck. Qatar and the UAE said their defense systems intercepted projectiles flying over their territory. Explosions were heard in Dubai. Bahrain shut its airspace entirely. Iran’s semi-official Tasnim news agency declared that all US bases and interests across the region would be considered legitimate targets. The conflict, by Saturday morning, had spread well beyond Iranian and Israeli borders. Crypto Markets Take The Hit Traditional Markets Cannot Yet Feel Stocks, bonds, and commodities markets were closed. Crypto was not. Bitcoin trades around the clock, every day of the week, which made it the only major financial market available to absorb the weekend’s fear. The selling was fast and broad. Reports say roughly $128 billion in total market value was wiped across digital assets in the hours following the strike confirmation. Related Reading: Crypto Mixing Is Back — And Criminals Adapted Faster Than The Rules Did Bitcoin fell from around $66,000 to as low as $63,038 before settling near $64,000. Ethereum dropped below $1,850. XRP slid 8% to trade near $1.29. Solana, Dogecoin, Cardano, and Chainlink each recorded losses of between 8% and 12%. According to CoinGlass data, Bitcoin futures liquidations reached approximately $192 million, with futures trading volume surging to around $68.27 billion — a sign that derivatives markets were amplifying the move rather than spot sellers driving it alone. Total liquidations across all crypto assets hit $515 million within 24 hours. The Fear and Greed Index, a widely watched measure of market sentiment, fell to 14 — deep inside extreme fear territory. Featured image from Getty Images, chart from TradingView
Israeli prosecutors indicted an IDF reservist and a civilian for allegedly using classified military information to place bets on Polymarket.
Bank of Israel Governor Amir Yaron said stablecoins can no longer be viewed as marginal, citing their trillion-dollar trading volumes and growing systemic risks.
Israel flagged 187 crypto addresses allegedly linked to the IRGC. Elliptic says the wallets received $1.5B in USDT, though not all may belong to Iran’s Revolutionary Guard.
An unexpected peace in the Middle East created waves in the crypto market on 24th June, 2025. Iran and Israel agreed to cease hostilities, and US President Donald Trump termed it a “Complete and Total CEASEFIRE.” Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak The traders had waited days with their hearts in their mouths as missiles soared and oil anxiety mounted. Then peace talks took hold, and digital-asset markets responded almost as quickly as the news broke. ????BREAKING: TRUMP ANNOUNCES CEASEFIRE BETWEEN IRAN AND ISRAEL. BULLISH FOR MARKETS! ???? pic.twitter.com/M9PZM9UsB8 — Crypto Rover (@rovercrc) June 24, 2025 Bitcoin Breaks Through Key Level According to reports, Bitcoin leapt more than 5% within minutes of the ceasefire announcement. It shot past $106,000 before settling just above $105,000. That’s a sharp rebound after prices dipped below $99,000 at the height of the conflict. Investors who had been on the sidelines scrambled back in, driving trading volumes higher on exchanges worldwide. Ethereum And Altcoins Move Up Based on data from market trackers, Ethereum climbed over $2,400 in the hours following the news. A handful of smaller tokens also had a big day. Sei jumped 32%, while Dogwifhat surged 20%. Aptos wasn’t far behind, gaining about 10%. When the top coins gain traction, it often pushes smaller projects higher too, and today was no exception. IRAN CONFIRMS CEASEFIRE AGREEMENT WITH ISRAEL Iran has officially confirmed it has agreed to a ceasefire with Israel, signaling a critical de-escalation in one of the world’s most volatile conflicts. Markets may react swiftly to the easing geopolitical risk. https://t.co/1HKhmbqEGr pic.twitter.com/868bWekGte — Crypto Town Hall (@Crypto_TownHall) June 24, 2025 Market Cap Rebounds Rapidly The global cryptocurrency market cap reached $3.21 trillion, with a 4.40% increase in one session. Prior to the ceasefire, investors moved money into gold and the US dollar in case oil supplies were impaired. “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at… pic.twitter.com/Tdj8bPUd0w — U.S. State Dept – Near Eastern Affairs (@StateDept_NEA) June 23, 2025 As reports of peace circulated, those same investors funneled cash back into digital assets and equities. You could almost feel the relief in the tickers flashing green across trading screens. Experts Cautious On Future Edul Patel, CEO of Mudrex, told reporters that the market had picked up “bullish momentum” after the ceasefire. He noted that some altcoins rallied as much as 13% in one day. Market analysts pointed out how traders “bought the dip” when Bitcoin briefly tumbled under $99,000, helping it finish the day near $105,000. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Even so, they warn the calm may not be for long. A flare-up in the region or hints of a rate hike from the US Federal Reserve could send prices swinging again. Traders are celebrating today’s gains, but there’s a sense of caution in chat rooms and trading floors. Peace is welcome, but stability in crypto often depends on more than a single announcement. For now, though, the market is riding high—and investors are hoping that this ceasefire really does stick. Featured image from Imagen, chart from TradingView
Crypto markets bounce back after Trump’s surprise ceasefire announcement cools geopolitical tensions; traders eye altcoin rotation as weekend liquidations subside.
President Trump claimed a "complete and total" ceasefire between Iran and Israel to begin in several hours.
The hacking group continued its assault on Thursday, releasing the exploited exchange's source code.
Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group. The breach, which occurred on July 18, has shaken the local crypto community and triggered a government-imposed curfew on crypto trading platforms nationwide. The attack was claimed by an Israel-linked group calling itself Gonjeshke […]
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The pro-Israel group Gonjeshke Darande follows through on its threats, publishing the full exchange code and security files, thereby placing the remaining Nobitex assets at risk.
An onchain investigator has flagged a major breach at Iran-based Nobitex, where hackers made off with more than $81 million in digital assets. Related Reading: Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity Based on reports from blockchain sleuth ZachXBT, at least $81.7 million was moved out of the exchange’s hot wallets on June 16, 2025. The stolen funds came from both the Tron network and various Ethereum Virtual Machine (EVM) chains. Massive Funds Drained From Hot Wallets According to ZachXBT’s Telegram post, the first chunk—$49 million—went through a vanity address that read “TKFuckiRGCTerrorists…mNX.” A second custom address, “0xffFFfFFffFF…Dead,” was used to pull the rest. These special wallet names aren’t random. They show how attackers slipped around Nobitex’s checks and grabbed funds meant to stay locked down. Vanity Addresses Exploit Access Controls Experts say the use of these human‑readable addresses points to a flaw in the exchange’s internal controls. “Attackers managed to infiltrate systems that should have blocked unauthorized wallets,” noted Hakan Unal of Cyvers security. The exchange confirmed that it spotted the breach quickly and suspended the affected hot wallets. Political Motive Behind The Breach A pro‑Israel hacker group calling itself “Gonjeshke Darande” claimed responsibility in an X post. The group called Nobitex a tool for “regime financing” and threatened to release source code and internal files within 24 hours. After the IRGC’s “Bank Sepah” comes the turn of Nobitex WARNING! In 24 hours, we will release Nobitex’s source code and internal information from their internal network. Any assets that remain there after that point will be at risk! The Nobitex exchange is at the heart of the… pic.twitter.com/GFyBCPCFIE — Gonjeshke Darande (@GonjeshkeDarand) June 18, 2025 They warned that any assets left on the platform would be in danger. This hack comes as tensions surged between Israel and Iran after Israel’s largest strikes on Iran since the 1980s. Reports say at least 224 people died in Iran and 24 in Israel during the renewed conflict. Cold Storage And User Security Assurances Nobitex says users’ main funds are safe in cold storage, and only a fraction of hot‑wallet assets were hit. The exchange promised to cover all losses with its insurance fund and internal resources. That promise should reassure customers, though the fear of leaked code or files could drive some to pull funds. Related Reading: Crypto Gets A Green Light From Spanish Banking Giant Unmoved Funds Could Reveal Next Steps Interestingly, none of the stolen coins have moved since the hack was first spotted. That could mean the hackers are choosing their next move. Or it might be a warning shot meant to show they can strike again. Either way, this incident highlights how vital it is for exchanges to guard against insider‑level slip‑ups. Protocols alone aren’t enough if people and processes leave doors open. As the crypto world watches, Nobitex users will be looking closely at how the platform rebuilds trust and keeps their money safe. Featured image from Unsplash, chart from TradingView
Iranian crypto exchange Nobitex has suffered a major security breach, resulting in the loss of over $48 million. The company confirmed the attack via an X post on June 18, revealing that the incident targeted its hot wallets. It stated: “This morning our technical team detected signs of unauthorized access to a portion of our […]
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The anti-Iran group targeted state-owned Bank Sepah a day prior, and now threatens to leak Nobitex’s source code, calling the platform a "terror-financing tool" used to bypass sanctions.
The U.S. President has called for Iran's unconditional surrender.
Bitcoin has bounced back above $107,000 after a sharp weekend slump triggered by rising tensions between Israel and Iran. According to CryptoSlate’s data, this is the first time in four days that BTC has crossed this level, showing signs of renewed investor confidence. The downturn began after Israel launched a surprise strike on June 13, […]
The post Bitcoin surges past $107k as crypto market defies global unrest over Israel-Iran tensions appeared first on CryptoSlate.
However, other data from Glassnode suggests that investor demand for BTC remains solid.
The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction. After a failed attempt to reclaim $110,000 earlier this week, the price has now slipped below the 21-day moving average, but still above support at the 50-day moving average. This confluence of moving averages, coupled with a clearly defined trendline resistance, has brought Bitcoin into a tightening price structure of a descending triangle pattern. Related Reading: Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt Descending Triangle With Tightening Range And Bearish Pressure According to a crypto analyst on X, Bitcoin is forming a descending triangle pattern on the daily candlestick timeframe chart. Interestingly, technical analysis rules state that the descending triangle pattern setup is typically associated with bearish breakdowns. The chart image accompanying the post shows repeated rejection from a downward-sloping trendline that began when Bitcoin reached a new all-time high of $111,814 on May 22. The second rejection was a lower high around $110,000 earlier this week. On the other hand, the base of the triangle has remained constant with a support zone around $102,000. The analyst noted that the 21-day moving average (21MA), shown in blue, is exerting downward pressure, acting as resistance, while the 50-day moving average (50MA), in green, is acting as a temporary support floor. As price action continues to narrow within this triangle move, the market is on the projection for a decisive move in any direction. Whether it breaks above the resistance or falls through the support will likely dictate the next major trend. However, if the descending triangle pattern continues to play out with lower highs and steady support, the breakout will lean more towards a downside breakout. Israel-Iran Tensions May Push Breakout Or Breakdown The ongoing tensions between Israel and Iran could be the spark that forces Bitcoin out of its current range. Notably, a wave of liquidations hit the crypto market on Friday as reports of an Israeli airstrike on Iran made the news. During periods of geopolitical instability like this, Bitcoin often trades in unpredictable ways. There are two possible outcomes for the leading cryptocurrency from here. It could act as a haven, or it could be sold off for liquidity. If the fear in traditional markets continues to increase, Bitcoin could break below the $102,000 support in the coming trading sessions, confirming the descending triangle’s bearish implications. Related Reading: Billionaire Snaps Up $100 Million Of Trump Coin – Details However, if bullish momentum returns, a break above the descending trendline could invalidate the bearish pattern and open the door for a retest of the $110,800 all-time high region. At the time of writing, Bitcoin is trading at $104,990. Featured image from Shutterstock, chart from TradingView