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

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

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

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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AI tool detects bug that could have drained Ripple-linked token from wallets

An autonomous AI security tool detected a bug in the XRP Ledger that, if left undetected, could have allowed an attacker to steal funds from any account on the network without ever touching the victim’s private keys. The vulnerability, revealed Thursday by XRPL Labs, resided in the signature validation logic of the Batch Amendment, a

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US Senate Democrats have asked Treasury and DOJ to investigate Binance’s illicit financial controls

Democrats in the US Senate continue to go after Binance, calling on the Treasury and Justice departments to investigate sanctions compliance and illicit financing protections following reports of potential terrorism financing. Nine senators, including a few who were instrumental in negotiating legislation on the crypto industry known as the Digital Asset Market Clarity Act, sent

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Coinbase General Counsel Says States ‘Lightning Up’ Prediction Markets

Why it’s important: Ryan VanGrack, Coinbase’s vice president of legal affairs and global head of litigation, sharpens Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. Coinbase filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi. Some of these states have issued

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Citi wants to make bitcoin bankable as Wall Street builds native crypto infrastructure

Citigroup (C) plans to launch institutional custody of bitcoin later this year, as part of a broader initiative to integrate digital assets into the bank’s traditional financial infrastructure. Nisha Surendran, who leads development of Citi’s digital asset custody products, described the initiative in a speech at the Global Strategy Forum on Thursday as an effort

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