Crypto News
Why Is BlackRock’s IBIT Bitcoin ETF Soaring?
The success of BlackRock's spot Bitcoin fund reflects not only the company's brand recognition but also the embrace by investors, including financial advisors.Source link
Bitcoin Price Watch: Consolidation Continues—Will Bulls Regain Control?
Bitcoin hovered at $105,049 on June 15, 2025, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $15.86 billion. The leading crypto asset traded within a narrow intraday range of $104,412 to $106,032, indicating subdued price action and investor indecision near key technical levels. Bitcoin The hourly chart for bitcoin revealsSource link
Shiba Inu Price Sell-Off Continues as SHIB Burn Rate Skyrockets to 112,000%
Shiba inu's (SHIB) supply-side dynamics are screaming bullish, yet the second-largest joke cryptocurrency by market value trades under pressure.Early this week, SHIB's burn rate surged to over 112,000%, with more than 116 million coins transferred to wallets that cannot spend money. In other words, these coins were permanently taken out of circulation. The daily burn rate refers to the number of SHIB tokens permanently destroyed or removed from circulation each day. Token burns are designed to decrease the supply of the cryptocurrency over time, bringing a deflationary appeal to the digital asset."Over 527 trillion SHIB tokens are approaching profitability, while the burn rate exploded 112,839% with 116 million tokens removed from circulation," CoinDesk's AI insights noted.Furthermore, SHIB's ecosystem fundamentals demonstrated...
Miner Weekly: American Bitcoin’s 25 EH/s Dream Rests on Chinese Hardware
This article first appeared in Miner Weekly, Blocksbridge Consulting’s weekly newsletter curating the latest news in bitcoin mining and data analysis from Theminermag. American Bitcoin Corp (ABTC), the new proprietary Bitcoin mining carve-out from Hut 8, backed by Eric Trump and Donald Trump Jr., is taking shape as it prepares to go public. The companySource link
Israel-Iran Conflict Could Trigger Economic Maelstrom Affecting Millions
The ongoing conflict between Israel and Iran has the potential to disrupt global markets and extend to other regions. The Strait of Hormuz, a crucial passage for oil tankers, could be closed as the conflict escalates. Iran-Israel Conflict Might Upend the World’s Oil Markets World markets are once again facing difficulties due to geopolitical tensions.Source link