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The crypto community fears that Iran could choke off oil supplies and cause markets to collapse, but this could be overblown.

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As tensions flare once again between Iran, Israel and the United States, social media, particularly crypto social media Such a move, many worry, could send oil prices and global inflation soaring and disrupt financial markets, including Bitcoin. However, these concerns could be exaggerated, according to some observers. Israel and the United States launched airstrikes against […]

The crypto community fears that Iran could choke off oil supplies and cause markets to collapse, but this could be overblown. Read More »

Alleged insiders make over $1.2 million on Polymarket before US attack on Iran

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Six Polymarket accounts earned around $1.2 million after correctly betting that the United States would strike Iran on February 28, according to blockchain analytics firm Bubblemaps. In an article on walked just hours before explosions were reported in Tehran and other cities. The accounts have had no activity beyond these predictions. Suspected insiders (Bubblemaps) The

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Bitcoin hard fork proposal to recover $5 billion in stolen funds from Mt. Gox finds no takers

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Mark Karpelès thought he had a reasonable request. The former CEO of the defunct exchange MtGox, operating under his GitHub handle MagicalTux, submitted a pull request to Bitcoin Core this weekend proposing a hard fork (a fundamental change in the code that divides the blockchain) that would redirect 79,956 BTC from the address they have

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Market analysts clash as Bitcoin heads toward worst five-month losing streak since 2018

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A few more hours away, Bitcoin BTC$63,709.23 is on pace to record its worst losing streak since 2018, with February on track to mark a fifth consecutive monthly decline. The streak of losses would be the longest since the 2018-2019 bear market and follows what has already been Bitcoin’s worst 50-day start to the year

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What’s Next for Bitcoin as Iran Attacks US Bases? BTC likely to fall

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What began as an Israeli strike on Iran hours earlier has escalated into the largest military conflict in the Middle East in decades, posing a risk to financial markets, including cryptocurrencies. According to reports on Bloomberg, CNN and Reuters, Iran has launched waves of missiles and drones targeting not only Israel but also US bases

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BTC attempts to reclaim $64,000 as funding rates hit three-month low

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Bitcoin is looking to reclaim $64,000 from a possible short squeeze after falling to $63,000 following the US and Israeli strikes on Iran. At the same time, according to CoinGlass, perpetual futures funding rates fell to -6%, the second lowest level in the last three months. The last time funding was this negative was on

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Hyperliquid oil futures jump 5% after US-Israeli strike on Iran

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Perpetual futures tied to oil prices traded on a decentralized exchange Hyperliquid surged Saturday after the United States and Israel launched coordinated missile strikes on Iran, a key oil producer, triggering explosions in Tehran and several other cities. Oil-USDH perpetual contracts climbed more than 5% to $71.26, while another contract, USOIL-USDH, advanced above $86.00. Together,

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