Crypto News
ETH Surges 9% as Crypto Market Celebrates Trump’s Ceasefire Announcement
Ether (ETH) ETH is trading at $2,420, up 8.61% over the past 24 hours, after surging sharply in the hours following former U.S. President Donald Trump’s unexpected announcement of a ceasefire agreement between Israel and Iran, according to CoinDesk Research's technical analysis model. The move appears to have reversed recent war-driven market anxiety, fueling renewed bullish sentiment across crypto markets.At 10:02 p.m. UTC on June 23, Trump posted on Truth Social that a full ceasefire agreement had been reached by both Israel and Iran. According to his statement, each country would pause hostilities in coordinated stages: Iran would initiate a 12-hour ceasefire, followed by Israel, leading to a 24-hour complete cessation of the conflict. Trump described this as a successful...
Trump Media Confirms $2.3B Bitcoin Treasury Plan Amid $400M Stock Buyback
Trump Media unleashes a $400 million stock buyback, powering ahead with its $2.3 billion bitcoin treasury plan and accelerating its high-stakes push into digital assets. Trump Media Launches $400M Buyback as Bitcoin Treasury Plan Stays Full Speed Ahead Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the media company founded by President DonaldSource link
Senator Introduces Bill to Halt Trump’s Crypto Activity—But Voted to Allow It Last Week
Adam Schiff (D-CA) is the latest Democrat to propose a bill banning President Trump from engaging in crypto activity. Like the others, it's unlikely to pass anytime soon.Source link
ETF Weekly Recap: Bitcoin ETFs Post $1.02 Billion Net Inflow for the Week
Bitcoin ETFs closed the week with an impressive $1.02 billion net inflow, extending their bullish streak, while ether ETFs notched their sixth straight week of inflows, adding $40.24 million. Crypto ETFs Stay Green: Bitcoin and Ether ETFs Record Solid Weekly Inflows Amid Market Confidence The crypto exchange-traded fund (ETF) market wrapped up the third weekSource link
Circle Hits New Record With Market Cap Nearing That of Coinbase
Shares of stablecoin issuer Circle (CRCL) soared to a fresh record high on Monday extending their explosive rally since its IPO and making the company worth almost as much as its flagship token's market capitalization.Shares were up another 22% at one point Monday morning, hitting a record high just shy of $299, before giving back some of the advance. The stock closed around $263, up 9% for the session. Since the IPO earlier this month priced at $31, shares have appreciated a whopping 750%.At its peak, Circle’s market capitalization reached roughly $60 billion, putting it nearly on par with the $61.3 billion supply of its USDC USDC stablecoin. It also brings the firm within striking distance of crypto exchange Coinbase...