Crypto News

JPMorgan Flags Israel-Iran Conflict as Oil Prices Spike and Investor Confidence Wavers

Middle East tensions erupting between Israel and Iran have ignited global oil markets, with JPMorgan warning investors to prepare for volatility amid surging Brent crude prices. JPMorgan Links Israel-Iran Tensions to Oil Shock, Urges Investors to Brace for Volatility A fresh round of geopolitical unrest in the Middle East stirred financial markets, JPMorgan Private Bank’sSource link

IBM’s New Quantum Roadmap Brings the Bitcoin Threat Closer

IBM’s Starling system may shorten the timeline for quantum computers to challenge Bitcoin’s cryptographic foundations.Source link

Bitcoin Flirts With $110K but Ends the Week Lower Amid Geopolitical Concerns

Bitcoin ( BTC) ended the week just below $105,000, having briefly approached the $110,000 mark, but faced downward pressure from escalating geopolitical tensions in the Middle East. BTC Ends Topsy-Turvy Week Largely Unchanged Having twice flirted with the $110,000 mark, bitcoin ( BTC) ultimately concluded the week largely unchanged, settling just below $105,000. Its upwardSource link

ADA Hovers Around $0.62 as New Enterprise Product Launch Offsets Whale-Driven Pressure

Cardano's ADA ADA was down 1.71% over the past 24 hours, trading at $0.6229 as of June 14. The asset briefly slipped to $0.6176 before stabilizing, holding its footing despite a sharp wave of selling from large holders. According to recent market data, whales have offloaded over 270 million ADA —worth roughly $170 million — in a move that has added significant pressure to the token’s price action during a week marked by geopolitical volatility.Yet, amid the sell-off, the Cardano Foundation unveiled a new product aimed at enterprise adoption. On Thursday, the organization launched Originate, a blockchain-based solution for verifying product origin and authenticity. Designed to help businesses streamline compliance and protect against counterfeits, Originate allows companies to digitize and...

Russia Paying Teenage and Untrained Spies Using Bitcoin: Report

Russia's intelligence agencies are “constantly financing” agents using cryptocurrency, blockchain investigators told Decrypt.Source link