Crypto News

Volatility Returns: $1 Billion in Liquidations as Bitcoin Tests $100,000 Floor

Bitcoin briefly fell below $100,000 amid rising geopolitical tensions but quickly rebounded. Despite over $1 billion in liquidations, markets appear to be stabilizing ahead of key U.S. economic events. Geopolitics Jolt Markets as Bitcoin Dips Below $100,000 but Rebounds Swiftly Bitcoin dropped to $98,200 on Sunday, June 22, its lowest level since crossing $100,000 onSource link

BNB Sees Modest Gains Following Iran Strikes

BNB saw a modest gain of 2% in the past 24 hours, pushing past $627 before settling with firm support at $616.55.The move comes as the BNB Chain, the blockchain tied to BNB, saw its daily transactions nearly double to 17.6 million since mid-May, according to data from DeFiLlama.Crypto markets have been jittery amid escalating geopolitical tensions and shifting trade policies between major economies.One factor helping to buoy sentiment is the upcoming Maxwell hard fork, scheduled for June 30. If successful, it will reduce block times from 1.5 seconds to 0.75 seconds, potentially making the network more competitive with high-speed chains.If momentum continues, BNB may attempt to reclaim the $650 level and push toward $700. But much will depend on...

Strategy Scales Back Bitcoin Buys as BTC Dips

The company bought 245 Bitcoin as tensions escalated in the Middle East.Source link

From Fine to Fortune? OKX Plans US IPO Just Months After DOJ Deal

Crypto exchange OKX is reportedly considering a U.S. initial public offering (IPO) just months after relaunching its American operations. This piece is a guest post by blocmates, a media and research hub for terminally on-chain individuals who seek to understand every corner of the crypto industry. No jargon, and (usually) the first to everything. IfSource link

Trump Media Share Buyback to be Funded Separately From BTC Treasury Strategy

Trump Media and Technology Group (DJT), the parent company of the social media platform Truth Social, is planning a $400 million share buyback program.President Donald Trump's media firm said that the repurchase would be funded separately from and not alter its bitcoin treasury strategy.The buyback will be conducted through open market transactions, and the repurchased shares will be retired by the company, Trump Media announced on Monday."Since Trump Media now has approximately $3 billion on its balance sheet, we have the flexibility to take actions like this which support strong shareholder returns, as we continue exploring further strategic opportunities," CEO Devin Nunes said.Trump Media recently raised more than $2 billion from around 50 institutional investors to create a BTC treasury,...