Category: CryptoX News

Bitcoin Briefly Dips Below $100K, Hayes Sees Strong Recovery

Bitcoin prices dipped below six figures for the first time since early May, but the weakness is only temporary, according to BitMEX co-founder Arthur Hayes.  Bitcoin (BTC) prices fell to their lowest level for more than six weeks in late trading on Sunday when they dipped below $98,500, coming after a US airstrike on Iranian nuclear facilities over the weekend.  However, the sub-six-figure drop didn’t last long, and the asset had reclaimed $101,000 during early trading in Asia on Monday morning.  BitMEX founder Arthur Hayes said on X that the…

Markets Enter Uncharted Chaos as Iran Strike Forces Brutal Portfolio Resets

Intensifying Middle East conflict and surging geopolitical risk are igniting a dramatic market realignment, driving investors into energy, defense, commodities, and inflation-protected assets as volatility erupts. Market Outlook Darkens With Soaring Oil and Heightened Middle East Tensions A destabilizing jolt has shaken global markets, fueling inflation fears and sector turmoil as military escalation intensifies in […] Source CryptoX Portal

Top cryptocurrencies to watch this week: Axelar, Solana, PI

Cryptocurrencies are extra volatile as geopolitical risks rise and the Federal Reserve leaves interest rates unchanged for the sixth consecutive month, Bitcoin’s (BTC) price went from an all-time high of $111,695 in May to below $102,000 on Sunday, June 22, sparking sell-offs among investors. Top altcoins plunged, as well: AB (AB), SPX6900 (SPX), Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), Sonic (S), and Story (IP) dropped by over 20%. Top altcoins crashed last week | Source: CMC Top cryptocurrencies to watch Solana (SOL), Axelar (AXL), and Pi Network (PI) are in focus…

Crypto market hit by $1b in liquidations as US strikes Iran

Roughly 240,000 traders were liquidated in the past 24 hours as the crypto market reeled from news that U.S. bombers attacked Iran’s main nuclear sites, according to Coinglass. Total liquidations topped $1.03 billion by midday on Sunday in New York, highlighting the scale of the market shakeout. With traditional markets closed for the weekend, crypto was the first to react to the geopolitical shock. By Sunday morning in New York, Bitcoin (BTC) had dropped as much as 4% to just above $99,300, while Ethereum fell 9% to $2,185—its lowest intraday…

Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities

PANAMA CITY, June 20, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains. As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It…

Iran Mulls Closure of Strait of Hormuz; Digital Oil Memecoin (OIL) Soars 400%

Iran’s politicians leaned in favor of blocking the strategically important Strait of Hormuz on Sunday in response to the U.S. military strikes on the Iranian nuclear facilities, according to Saeed Azimi, Tehran correspondent for France 24. “The MPs have unanimously reached this conclusion merely in a consultation capacity. The decision lies with the Supreme National Security Council,” Azimi said on X, responding to several media reports, including Al Arabia, that the Parliament has approved the closure. The Strait, a key global oil shipping route, accounts for one-fifth of the world’s…

US Bombs Iran, and Now Everyone’s Wagering on What’s Next

After U.S. President Donald Trump announced on Saturday evening that the U.S. had launched successful airstrikes on Iran, trading activity tied to the Middle East conflict on prediction markets lit up like a pinball machine. Gamble of War: Traders Bet on Invasion, Regime Collapse, and Nuclear Deals That same evening, Trump shared that the U.S. […] Source CryptoX Portal