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Avalanche (AVAX) experienced a significant price drop of nearly 14% following geopolitical tensions sparked by Israel’s strike on Iran, reflecting heightened market volatility and bearish technical trends. The broader altcoin market also faced pressure as rising oil prices and inflation concerns drove investors toward safer assets, intensifying risk-off sentiment across crypto markets. According to COINOTAG, … Read more

Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer.  The Statechain protocol is a bit … Read more

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Volatility is back. After rallying to $167 on June 11, SOL reversed sharply below $145 as geopolitical shocks rattled risk markets. Israeli airstrikes on Iran and the ensuing global rush to hard assets appear to be the trigger here. Oil surged. Gold … Read more

Meme coins like Dogecoin, Pepe, and Fartcoin are experiencing significant declines amid a broader crypto market sell-off intensified by geopolitical tensions. These meme tokens are underperforming major cryptocurrencies, with losses exceeding 9% in the last 24 hours, reflecting heightened market volatility and investor caution. According to COINOTAG, the odds of Fartcoin surpassing a $1.3 billion … Read more

The US Securities and Exchange Commission (SEC) has announced several new hires, including those with experience in the cryptocurrency and blockchain industry. In a Friday notice, the SEC said Jamie Selway would join as the agency’s director of trading and markets. Selway worked as the global head of institutional markets for Blockchain.com from 2018 to … Read more

Analysts believe that Bitcoin will likely rebound after a notable drop due to geopolitical tensions in the Middle East. The threat of a regional war in the Middle East is escalating, and crypto markets are feeling the pressure. On Friday, June 13, Bitcoin (BTC) dropped nearly 5% to a daily low of $102,822, as Israel’s … Read more

Key takeaway: Bitcoin (BTC) is generally not regarded as a reliable investment during periods of geopolitical uncertainty, particularly when oil prices spike in response to escalating global tensions. However, historical data suggests that such moments often present compelling buying opportunities for traders prepared to capitalize on market dislocations. Oil spikes often align with sharp, temporary … Read more

According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade. From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025 Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis … Read more

PINEHURST, NORTH CAROLINA – JUNE 16: Bryson DeChambeau of the United States poses with the trophy … More after winning the 124th U.S. Open at Pinehurst Resort on June 16, 2024 in Pinehurst, North Carolina. (Photo by Ross Kinnaird/Getty Images) Getty Images Last year’s U.S. Open Champion, Bryson Dechambeau, had many reasons to smile. In … Read more

Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the … Read more