Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday. According to CoinGlass data, around 277,000 traders have been liquidated over the past 24 hours, with total liquidations of around…
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US Treasury Sanctions Iran’s Nobitex Crypto Exchange
The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system. The Treasury said on Tuesday that it added crypto exchanges Wallex, Bitpin and Ramzinex to the Office of Foreign Assets Control’s sanction list, prohibiting US businesses and persons from providing services to those platforms. “While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including…
Ethereum Final Dip? Analysts Call For New Low Amid $1,900 Drop
After the latest Ethereum (ETH) pullback, some analysts have pointed to a bearish setup that suggests the leading altcoin could see another correction toward its potential market bottom. Related Reading Ethereum Bear Setup Breakdown Spells Trouble On Tuesday, Ethereum saw a 5.5% intraday drop from its daily opening, falling below the $1,900 barrier for the first time since late February. Notably, the King of Altcoins broke down from its five-day range between $1,965-$2,035, reaching a two-month low of $1,880. Amid today’s broader pullback, which also sent Bitcoin (BTC) toward the…
Becoming a Millionaire by 30, Warren Buffett Shares His Proven Strategy – Bitcoin News
Key Takeaways Warren Buffett and Charlie Munger built Berkshire’s 1978 partnership on trust and debate. Berkshire’s 2 key bets, Coca-Cola and American Express, favored patience over fads. Buffett’s next lesson is simple: pick 3 traits—brains, honesty and energy. By 30, Warren Buffett had already crossed the seven-figure mark, but he says the most valuable asset on his balance sheet was something you cannot buy: the right partners. For decades, his alliance with Charlie Munger powered Berkshire Hathaway, a study in patience, discipline, and ideas sharpened by honest debate. In interviews…
Humanoid Robots Remain Years Away From Replacing Human Workers
Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can’t yet adapt to changing conditions, researchers say. Last month, AI robotics company Figure showcased its humanoid robots performing basic tasks, such as cleaning a room, but a series of robots working for nine days straight sorting packages sparked conversation about how soon robots could replace jobs. Oliver Obst, an associate professor of robotics at the Australia based University of New South Wales, told Cointelegraph that repetitive jobs such as physical…
Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs
Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as its price has slipped under $70,000 for the first time since April 7th. Below is a chart that shows how the latest bearish action has looked for the cryptocurrency. Over the last 24 hours, Bitcoin…
Crypto Turns Contrarian Bet as AI Stocks Dominate
Crypto is turning into a “contrarian bet” as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan. “The crypto market is brutal right now,” Hougan wrote in a market note on Tuesday. “One major reason is that crypto is no longer the belle of the ball. AI stocks, robotics companies, SpaceX … who needs crypto when the Nasdaq-100 is up 43% year-over-year?” “With AI sucking all the oxygen out of the room, crypto is being forced to go through a painful metamorphosis: from…
Binance Research Links Bitcoin Weakness to Record S&P 500 Capital Inflow
Key Takeaways Binance Research says Bitcoin’s 11% Q2 2026 drop tracks capital rotating into AI and energy. Cboe Dispersion Index hit 42, suggesting U.S. stock gains are concentrated in a few sectors. Binance Research says bitcoin often bottoms within 0-20 weeks absent a crypto crisis. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s latest pullback may have less to do with crypto-specific stress and more to do with Wall Street’s crowded trade in U.S. equities, according to Binance Research. The institutional research arm of Binance…
Solana Just Made History, Could A Massive Recovery Be Next?
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Cardano’s TapTools Winds Down After Losing 5 Execs
TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it would begin winding down over the next two weeks, and noted the departure of its two co-founders, chief operating officer and chief technology officer earlier this year. “We worked hard to adapt,” TapTools said, adding that its backend developer had become its CTO as the platform shifted its focus toward shipping products more sustainably; however,…