WSJ reported Iranian financier Babak Zanjani allegedly moved $850 million through Binance, which CEO Richard Teng said was mischaracterized.
The EU's firm stance on Russian sanctions may sustain high energy costs, impacting inflation, monetary policy, and crypto market dynamics.
The post EU economy chief rules out easing sanctions on Russian oil and gas amid energy crisis appeared first on Crypto Briefing.
China's NDRC clarification highlights the delicate balance between welcoming foreign investment and safeguarding national security, impacting investor confidence.
The post China’s NDRC says it does not require tech firms to reject foreign investment appeared first on Crypto Briefing.
SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure.
Repeated bridge exploits and shrinking yields are making institutions question whether DeFi’s risks still justify the returns, says Symbiotic’s Putiatin.
The redirection of vessels highlights escalating U.S.-Iran tensions, potentially disrupting global oil supply and increasing geopolitical instability.
The post CENTCOM redirects 97 vessels amid Strait of Hormuz blockade escalation appeared first on Crypto Briefing.
The $10.7 million THORChain exploit was caused by a GG20 vulnerability, which allowed a malicious node to reconstruct a full private key to one of its vaults.
Increased scrutiny of prediction markets may lead to stricter regulations, impacting how these platforms operate and their user base.
The post House Oversight chair seeks data from Kalshi and Polymarket CEOs on suspicious bets appeared first on Crypto Briefing.
The incident highlights the critical dependency on oracle networks in DeFi, underscoring the need for redundancy and robust risk management.
The post Fulcrom Finance enters degraded mode as Pyth Network price feed goes down appeared first on Crypto Briefing.
The attack on Barakah highlights vulnerabilities in energy infrastructure, potentially escalating regional tensions and impacting global markets.
The post UAE condemns drone attack on Barakah nuclear plant as terrorist act appeared first on Crypto Briefing.
The EU's struggle to access Mythos highlights a cybersecurity gap, prompting potential shifts towards AI sovereignty and regulatory changes.
The post EU makes little progress in talks with Anthropic on Mythos testing appeared first on Crypto Briefing.
Labor argues the bill could give digital assets enough regulatory cover to move closer to retirement accounts before safeguards catch up.
The post US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money appeared first on CryptoSlate.
Crypto analyst Phila has predicted that the Bitcoin price could see a massive decline to $55,000 after breaking a 14-year support level. This comes amid BTC’s fall below the psychological $80,000 level, with the leading crypto now at risk of dropping to new lows. Analyst Predicts Bitcoin Price Drop To $55,000 Amid Breakdown In an X post, Phila stated that the Bitcoin price just broke a support level that has held for 14 years, noting that it had held in previous bear cycles. The analyst further remarked that this is not a dip, a correction, or a shakeout, but rather capitulation happening in real time. His accompanying chart showed that the leading crypto could drop to around $55,000 following the breakdown below the key support level. Related Reading: Bitcoin Is Playing Out The ‘Fakeout Theory’ Again, Here’s What To Expect Meanwhile, the analyst highlighted his track record, noting that he called the $16,000 bottom in 2022 and the top for the Bitcoin price in October 2025. As such, he suggested that market participants should prepare accordingly, as his prediction of a decline to $55,000 is likely to happen. In another X post, Phila stated that the Bitcoin price action was mirroring the 2021 price action, with the double top, lower highs, and lower lows. He noted that there was also a relief rally in 2021 that felt like the bottom, but it wasn’t the bottom, and everyone who bought BTC before the rally saw losses on the next leg down. Similarly, the Bitcoin price is once again in a relief rally phase, with many market participants believing that the February 2026 low of $60,000 was the bottom. He added that many think that the worst is over, but that $50,000 is on the table and that his fractal hasn’t missed a single step yet. The Key Level To Watch For Now Crypto analyst Ali Martinez said that $77,800 is the key level to watch for the Bitcoin price at the moment. This came as he alluded to a well-defined channel that has developed on the lower timeframes and that BTC has climbed to test the upper boundary of this structure around $77,800. Related Reading: What’s The Latest With The US-Iran War And How Does It Affect Bitcoin? The analyst further predicted that a flip of this level into support could clear the path for the Bitcoin price to rally to around $79,000. However, if BTC fails to break above this level, then it could see a healthy retracement back into the channel to gather liquidity. Martinez added that the key levels to watch for a bounce are the mid-range at $76,900 and the channel bottom at $76,000. At the time of writing, the Bitcoin price is trading at around $77,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
U.S. lawmakers have officially launched an investigation into prediction market platforms Polymarket and Kalshi over concerns that government insiders could be using non-public information to profit from bets tied to elections, wars, and major political events. The probe comes as prediction markets rapidly grow in popularity across crypto and retail trading. Comer Launches Investigation on …
Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.
Internet Computer (ICP), up 4.3% from Thursday, joined NEAR Protocol (NEAR) as a top performer.
Bitcoin is stuck. It has been trading between $76,000 and $82,000 for weeks with no clean breakout in either direction. Most investors are watching the range with frustration. Analyst Michaël van de Poppe said, “That range brings the ultimate opportunity for altcoins to thrive,” van de Poppe said. “That’s what we start to see.” What …
DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.
China's regulatory scrutiny on AI-related stock moves aims to foster a genuine AI ecosystem, reducing speculative hype and enhancing market stability.
The post China scrutinizes companies and funds after AI-fueled stock moves appeared first on Crypto Briefing.
South Korea's potential market intervention could stabilize the won, impacting regional currencies and investor confidence in Asian markets.
The post South Korea warns of market actions as won slides to worst-performing Asian currency appeared first on Crypto Briefing.
House Oversight Chairman Comer probes insider trading on Kalshi and Polymarket, sending letters to both CEOs with a June 5 document deadline.
Fundstrat’s Tom Lee argues that trillions in new IPO supply from SpaceX, Anthropic, and OpenAI could ultimately be absorbed by underallocated investors.
The escalation in violence undermines diplomatic efforts, potentially leading to prolonged regional instability and increased military actions.
The post Israeli strikes in Lebanon kill 3,089, complicating diplomatic efforts appeared first on Crypto Briefing.
The new partnership comes as Hyperliquid’s oli futures contracts that never expire have been a huge success with over $1.6 billion in 24-hour trading volume.
Japan's renewed oil imports highlight shifting global energy dynamics, while Iran's crypto tolls could reshape sanctions and crypto regulations.
The post Japan set to receive first Persian Gulf oil shipment since Iran war began appeared first on Crypto Briefing.
FET price is beginning to draw fresh market attention as the conversation around AI-focused crypto assets gradually regains momentum. After months of subdued price action and fading enthusiasm across the sector, a new development inside the Artificial Superintelligence Alliance ecosystem is starting to reshape near-term sentiment around the token. More importantly, the timing arrives as …
User funds remain safe after the incident, the prediction market platform said, with contracts and core infrastructure unaffected.
The outage highlights the vulnerability of DeFi systems to validator failures, potentially impacting market stability and user trust.
The post Pyth Network price feeds go dark after Pythnet validators stop producing blocks appeared first on Crypto Briefing.
The petition's success highlights growing political pressure and potential shifts in South Korea's crypto policy, impacting global markets.
The post South Korea reviews crypto tax plan after petition hits 50,000 signatures appeared first on Crypto Briefing.
China's humanoid robot deployment could revolutionize domestic care, addressing labor shortages and aging populations, while reshaping global markets.
The post China rolls out 100 humanoid robots into employee homes this month appeared first on Crypto Briefing.