Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20 post on X, Horsley argued that gold and Bitcoin are apolitical stores of value that operate outside direct government control. However, he said Bitcoin’s actual competition lies with instruments tightly […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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 Federal Reserve left its key interest rate steady on June 18, choosing caution as it monitors persistent inflation and global uncertainties. Bitcoin (BTC) remained largely stable, continuing to hold recent gains despite broader market jitters. The flagship crypto was trading at $104,110 as of press time, down 0.66% over the past 24 hours. Rates […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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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Wall Street infrastructure is rapidly capturing market share from crypto-native exchanges as ETF-based trading surges 15% since October.
Digital asset funds continued their winning streak last week, pulling in $1.9 billion in new investments, according to CoinShares‘ latest weekly report. This marks the ninth week in a row of positive inflows, pushing the cumulative total over the period to $12.9 billion. Year-to-date, digital asset investment products have now seen a record $13.2 billion […]
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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, […]
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Taiwan has intensified its technology export controls by blacklisting two of China’s foremost semiconductor companies, Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), amid escalating tensions in the global tech sector. The updated Strategic High-Tech Commodities Entity List, released by Taiwan’s Ministry of Economic Affairs, now includes both firms along with several of their subsidiaries, […]
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Gold price is nearing its all-time high at $3,433, further fueling its up-and-to-the-right rally in 2025, as escalating tensions in the Middle East drive investors toward traditional safe-haven assets. The surge in gold price reflects not only geopolitical uncertainty but also a broader shift in global reserve strategies. The ECB reported last week that gold […]
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Bitcoin (BTC) remained near the $105,000 mark on June 13, a sign of relative resilience following a sharp dip triggered by escalating conflict between Israel and Iran. As of press time, Bitcoin was trading at $105,600, having recovered the previous night’s pullback to end the day down 0.11% over the past 24 hours. The turbulence […]
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The Israel-Iran conflict has triggered a wave of speculation across the crypto sector, with traders pouring millions into prediction markets. On Polymarket, a decentralized platform that allows users to wager on real-world outcomes, betting volume linked to the crisis has now exceeded $7 million across over 20 markets. Tensions escalated sharply on June 13 when […]
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U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with the fate of altcoins being less certain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ukraine is taking a significant step toward adding Bitcoin to its national reserves. On June 10, the Ukrainian parliament received a draft bill proposing an amendment to the National Bank of Ukraine’s (NBU) asset reserve policy. This change would allow the central bank to add cryptocurrencies alongside gold and foreign currencies to its reserves. Ukrainian […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
With macro jitters rising ahead of today's CPI data, that caution might be the setup for the next breakout, according to K33.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions. The world’s largest cryptocurrency touched a low of $101,500 before stabilizing […]
The post Bitcoin dives below $102k amid fading momentum and macro uncertainty appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also […]
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Bitcoin could climb to $125,000 in June if a soft U.S. jobs report fuels expectations of early Fed rate cuts, according to Bitfinex analysts.
A Bitcoin-linked scandal has thrown the Czech government into crisis. Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation. The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used […]
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Brian Armstrong, the CEO of Coinbase, issued a stark warning this week: if U.S. lawmakers don’t get the national debt under control, Bitcoin could supplant the dollar as the world’s reserve currency. “If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over […]
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US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin […]
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The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report. However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines. CoinShares’ Head of Research, James Butterfill, pointed to growing economic uncertainty in […]
The post Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 million appeared first on CryptoSlate.
At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s reserve currency. While acknowledging China as a potential threat, Dimon stressed that the real danger comes from within the United States. “China is a potential […]
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