Bitcoin Holds Firm Above $100K Bitcoin (BTC) is trading above $100,500 early Monday in Asia, rebounding from a brief dip below the six-figure mark following weekend U.S. military strikes on Iran’s nuclear sites. Despite the initial risk-off reaction, market sentiment has cooled, and traders are showing signs of resilience. The sharp sell-off on Sunday was short-lived as fears of a broader escalation diminished. Equity futures remain flat, and gold has edged only slightly higher, indicating a cautious but measured market response. Oil Steady Despite Tensions Near Hormuz Crude oil is trading near $76 per barrel, reflecting lingering concerns over potential…
Author: Blockto Team
Australian Bonds Emerge as a Global Safe Haven As confidence in U.S. assets dwindles, Bank of America has flagged Australian sovereign bonds as a top-performing investment in what it terms the evolving “post-dollar world.” With global central banks shifting reserves and investors seeking alternatives to the greenback, Australia’s fixed-income market is now under the spotlight. Global De-Dollarization Drives Capital Into AUD Assets In a research note released Wednesday, Bank of America strategists identified de-dollarization as a growing trend, especially after visits to major financial hubs in the U.S. and Canada. The bank highlights how even small reallocations from global fund…
Solana (SOL) is currently trading at $128.59, marking a modest daily decline of around 0.09%. This price action comes amid broader market volatility and increased global uncertainty. The altcoin has experienced significant intraday movement, with lows of $127.03 and highs of $140.90, reflecting investor caution. Solana Faces Key Support at $138–$140 Despite the dip, technical indicators highlight the $138–$140 zone as a major support area. If this level holds, Solana could potentially stage a rebound toward the $160–$180 range. However, failure to maintain support may result in a decline toward $123 or even $116, a critical mid-term risk level. Market…
The price of Pi Network’s native token (PI) has plunged by 11% in the past 24 hours, now trading at $0.47. The drop comes amid a broader market-wide sell-off triggered by rising geopolitical tensions after U.S. President Donald Trump ordered surprise airstrikes on three Iranian nuclear sites. Geopolitical Fears Trigger Panic in Crypto The airstrikes on Iran have jolted global financial markets. As fear of conflict escalation grows, Bitcoin, Ethereum, and other major assets suffered significant losses, with billions in liquidations occurring across the board. Investors rapidly exited high-risk digital assets, intensifying sell pressure on smaller, speculative tokens like Pi…
Despite Ethereum’s sharp drop in the wake of rising geopolitical tensions, large investors are doubling down on ETH, betting on a short-term rebound. One high-net-worth Ethereum whale made headlines by purchasing over $39 million worth of ETH on June 22, signaling strong buy-the-dip sentiment among crypto’s biggest players. ETH Drops 12.8%, But Whales Are Buying Ethereum’s price fell sharply, dropping 12.80% to $2,155, underperforming Bitcoin (BTC), which declined 4.70% over the same 24-hour period. The sell-off followed reports of U.S. airstrikes on Iran, which intensified concerns across global markets. Despite the dip, blockchain data reveals that the whale wallet 0x7355…213…
As the U.S. continues to grapple with regulatory uncertainty, Europe is emerging as a global leader in crypto regulation and adoption, driven by the implementation of the Markets in Crypto-Assets (MiCA) framework. Despite President Donald Trump’s pro-crypto stance, analysts and exchanges report that Europe is attracting more meaningful activity, especially among retail traders. MiCA Regulation Fuels 70% Growth in EU Volumes According to Konstantins Vasilenko, co-founder and chief business development officer at Paybis, EU crypto volumes surged 70% quarter-on-quarter in Q1 2025 — the same quarter that MiCA regulations officially came into effect. “MiCA’s licensing window opened on January 1,…
Bitcoin (BTC) dropped below the $100,000 mark on Sunday, hitting its lowest price since May, as escalating geopolitical tensions involving Iran triggered a risk-off sentiment across Wall Street. This dip, fueled by concerns over a potential closure of the Strait of Hormuz, also dragged major altcoins like Ethereum (ETH), XRP, and Solana (SOL) into the red. Oil Supply Shock Looms Over Markets The Strait of Hormuz, which handles about 20% of the world’s oil shipments, is at the center of rising global anxiety. Located between Oman and Iran, the strait is one of the most critical arteries for international energy…
Tensions in the Middle East intensified over the weekend after Iranian lawmakers expressed support for closing the Strait of Hormuz, a strategically vital oil shipping route, in response to recent U.S. airstrikes on Iran’s nuclear facilities. While the decision is yet to be finalized by the Supreme National Security Council, markets are already reacting — and so is crypto. Strait of Hormuz: Global Oil Trade’s Lifeline at Risk The Strait of Hormuz, through which roughly 20% of the world’s oil supply flows, is now under threat of closure. Reports indicate that Iranian MPs unanimously backed the motion in a consultation…
Bitcoin experienced a sharp decline over the weekend, falling below $102,000, after former U.S. President Donald Trump confirmed military strikes on Iranian nuclear sites, triggering renewed geopolitical tensions across the Middle East. As of June 22, BTC/USD was hovering near $100,948, risking its lowest weekly close since early May. War Headlines Stir Market Volatility The market reacted quickly to Trump’s televised statement, in which he warned Iran to “make peace or face additional strikes.” The confirmation of U.S. military action injected uncertainty into both traditional and crypto markets, historically known to react strongly to such developments. Some traders believe this…
SHIB Faces Bearish Pressure Amid Weak Momentum and Fading Volume Shiba Inu (SHIB) is under mounting technical pressure as the token trades below its 50, 100, and 200 exponential moving averages (EMAs), hovering near $0.00001195. The recent break below the critical support level at $0.00001231 has sparked renewed concerns of a deeper decline, especially as trading volume drops and buying momentum weakens. Technical Breakdown: SHIB Loses Key Support Zone SHIB’s failure to hold above the $0.00001231 support marks a significant breakdown in short-term structure. The asset has now shifted into a bearish territory, trading beneath all major EMAs—a setup typically…