The cryptocurrency market rallied on Tuesday, June 24, following news of a potential truce between Israel and Iran, announced by U.S. President Donald Trump. According to a June 24 report by Reuters, Trump said both countries had agreed to end hostilities after a 12-day conflict, though Israel has yet to confirm the agreement, and missiles…
Telegram-based alternatives have emerged to fill the void left by the shutdown of crypto darknet marketplace Huione Guarantee, according to blockchain analytics firm Elliptic. Researchers at Elliptic have uncovered a surge in user activity across more than 30 Telegram-based marketplaces since May, when Telegram removed Huione Guarantee’s public channels. Among the new platforms, Tudou Guarantee…
Metaplanet Inc. has approved an additional capital contribution of up to $5 billion to its U.S. subsidiary, Metaplanet Treasury Corp, as part of its expanding global Bitcoin strategy. According to a June 24 disclosure, the Tokyo-based firm said the new funding will accelerate the next phase of its Bitcoin (BTC) acquisition campaign, including the implementation…
Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office. Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came in response to concerns over President Donald Trump’s financial ties to cryptocurrency ventures. The bill…
Nansen’s research analyst points out that exchange outflows likely mean investors are buying the dip. Israel’s war with Iran has triggered a significant dip in the price of Bitcoin (BTC). However, Nicolai Søndergaard, Research Analyst at Nansen, explains that many investors appear to be buying the dip. In a statement shared with crypto.news on Monday,…
After reaching an all-time high near $45, Hyperliquid is now undergoing a sharp correction. With key support still untested, further downside remains likely before any trend reversal. Hyperliquid (HYPE) is currently navigating a corrective phase following a significant run-up that topped out near $45. Since then, the asset has been in a steady downtrend, seeking…
Bitcoin price has swiftly bounced above $103,000 after a sharp decline triggered by reports of Iran firing missiles at a U.S. base in Qatar. Following confirmation that U.S. interceptor missiles successfully intercepted the Iranian missiles with no casualties, Bitcoin (BTC) surged. The benchmark cryptocurrency had briefly touched the $100,000 level after Iran announced it had…
DeFi’s complexity has long been a barrier to mainstream adoption. Veda, which hit $3.5 billion in TVL within eight months by abstracting that complexity, just raised $18 million to scale its vault system across a broader class of financial platforms. On June 23, DeFi infrastructure firm Veda announced an $18 million funding round led by…
Fiserv, a Fortune 500 company listed on the New York Stock Exchange, plans to launch a bank-friendly stablecoin that it says will go live on Solana in the coming months. In an announcement, Fiserv said the stablecoin will leverage the technology of Paxos and Circle, issuer of USDC (USDC). FIUSD, the new U.S. dollar backed…
Story price is showing strong signs of a potential trend reversal after an 11.83% surge. Key support at $3.12 is holding, with oversold RSI and rising volume pointing to more upside. After an extended correction, Story (IP) has finally shown a meaningful bounce, climbing 11.83% and reclaiming a crucial resistance level. The current market structure…
