Crypto News

NEAR Plunges 8% as Middle East Tensions Rattle Crypto Markets

Escalating tension in the Middle East between Iran and Israel continues to ripple through the cryptocurrency market, prompting significant downside for a number of altcoins.Despite NEAR Protocol's impressive milestone of reaching 46 million monthly users, the token has struggled to maintain price stability in the current geopolitical climate. It currently trades at $2.11 after falling from a high of falling from $2.38.Technical AnalysisNEAR experienced a significant correction, falling from $2.387 to $2.189, representing an 8.29% decline.A notable volume spike occurred during the 22:00-00:00 hours when prices broke below the $2.30 support level.Trading volume exceeded 6.5 million in a single hour—nearly triple the 24-hour average.Price action formed a descending channel with resistance at $2.29 and support at $2.19.Recent consolidation has occurred...

War Fever Grips Markets: Defense Stocks Pop as ‘World War’ Google Searches Explode

While assets such as gold have gained from the intensifying conflict in the Middle East, defense-related stocks aren’t being left behind. Companies tied to weapons manufacturing, aerospace, and military technology are seeing a boost as global unease stirs investor interest in wartime sectors. As Gold Shines and the Stock Market Rally Fades, the War MachineSource link

Institutional Investors Ready to Buy Crypto ETPs ‘In a Matter of Weeks’ as UK FCA Approval...

Institutional investors representing retail clients are waiting for the UK regulator to fire the starting gun, said the digital asset manager.Source link

BNB Price Falls Below Technical Support as Market Awaits FOMC Clues Amid Geopolitical Tension

BNB, the native token of BNB Chain, fell 1.7% over the past 24-hour period, rattled by growing market unease as the conflict between Israel and Iran escalates and after U.S. President Donald Trump called for the National Security Council to prepare in the situation room.BNB swung between $659 and $646 during the day, marking a tight but significant trading range. The $647 level has emerged as a support line for the token, which now hovers below it, according to CoinDesk Research's technical analysis data. Despite the turbulence, BNB Chain’s fundamentals remain strong.It processed over $100 billion in decentralized exchange (DEX) volume in the past month, and more than $10 billion in the last 24 hours, according to DeFiLlama.Investors are now...

This Crypto Gaming PC Will Self-Destruct on Command

Ethereum gaming protocol Base has acquired PC rig maker Andromeda Insights, revealing a crypto-ready desktop with a head-turning feature.Source link