Some of the fighters in Sunday’s Ultimate Fighting Championship (UFC) event on the White House lawn will be paid bonuses in stablecoins issued by the Trump family crypto company World Liberty Financial. On Monday, World Liberty confirmed that UFC would pay up to $250,000 in bonuses using USD1, the US dollar-pegged stablecoin issued by the…
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran reached a deal to end hostilities and reopen the Strait of Hormuz, removing the energy-supply fear that had weighed on markets for months. The token traded around $65,844 on Monday, up 2.1% over 24 hours, after touching a low near…
The U.S.-Iran peace deal reached over the weekend provided the stimulus many markets had been waiting for. Oil fell more than 4% on news the Strait of Hormuz would reopen, copper jumped. MSCI’s broadest index of Asia-Pacific shares rallied 3% and Japan’s Nikkei 225 hit a record high. Crypto markets, however, posted muted gains after…
President Donald Trump said over the weekend that the U.S and Iran had reached a peace deal and will sign it on June 19. Among other conditions, the agreement sees the removal of the U.S. naval blockade and the reopening of the Strait of Hormuz. Crude oil fell 5% to around $80 per barrel. It…
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its purchase streak after raising fresh capital through a preferred stock sale. The firm acquired 76,881 ether (ETH) over the past week, worth roughly $136 million based on ETH’s current price, lifting Bitmine’s treasury to 5.62 million ETH. The company also held 204 bitcoin, $502…
XRP spent the past two weeks trying to stop going down. Now it’s trying to go higher. The token pushed through $1.14, then $1.18, and finally reclaimed $1.20 on the strongest volume since the early-June washout, forcing traders to reassess a market that had been priced for further weakness. The move came as XRP-specific activity…
Coinbase (COIN) CEO Brian Armstrong believes bitcoin BTC$66,505.22 may have bottomed near $60,000. “My instinct is we probably have bottomed at this point, maybe at the sixty K number, but nobody can say for sure,” Armstrong said in a video posted on X on Monday. He added that he remains long bitcoin and expects prices…
A key player on the fast-growing derivatives exchange Hyperliquid’s private-company trading is shutting down, pointing to consolidation in one of the industry’s hottest new markets. Ventuals, the project behind perpetual futures tied to OpenAI and Anthropic valuations, said Monday it is winding down and that its team will join another project building within the Hyperliquid…
Much of the activity has occurred on offshore exchanges, including fast-growing platforms such as Hyperliquid, which has attracted professional traders seeking deep liquidity and continuous access to leveraged markets. Prediction market Kalshi, which introduced perps on its platform earlier this month, saw over $1 billion in trading volume within just one week. The debut comes…
Standard Chartered’s head of digital assets research Geoffrey Kendrick says bitcoin BTC$67,175.00 may have already put in its low for the current market cycle, arguing that a combination of improving investor flows, corporate buying and easing macroeconomic pressures points to a stronger recovery ahead. The latest call marks a shift in sentiment after several months…
