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
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging … Read more
TOPSHOT – Israeli Prime Minister Benjamin Netanyahu speaks during a joint press conference with the … More German Chancellor after their meeting in Jerusalem on March 17, 2024. (Photo by Leo Correa / POOL / AFP) (Photo by LEO CORREA/POOL/AFP via Getty Images) POOL/AFP via Getty Images Oil prices surged after the massive Israeli attacks … Read more