Iran Moves to Close the Strait of Hormuz as Tensions Erupt Over Broken Ceasefire Deal – Bitcoin News
Key Takeaways Iran threatened to close the Strait of Hormuz, risking renewed oil market stability after an IDF blitz. CENTCOM countered on June 20, reporting 55 ships moved 17M barrels to stabilize oil prices. Oil dropped to $77, and Bitcoin…
Bio Protocol launches AI research hub to challenge grant gatekeepers
Bio Protocol has launched OpenLabs, a platform that combines AI-assisted research development, community funding, and on-chain governance as its ecosystem surpasses $33 million in capital raised. Summary Bio Protocol launched OpenLabs, combining AI-assisted research development, collaboration, and funding in one…
What Happens to Bitcoin’s Price if the Biggest Corporate Buyer Becomes a Seller?
Here’s the major price warning that came from ChatGPT. Bitcoin’s next major leg down might not come from miners, ETF exodus, macro data, unknown large whales, or even wars and worsening economic conditions. Instead, it could be from the…
Bitcoin Bounces 1.64% as Traders Eye 64K Breakout Zone
Key Takeaways Bitcoin trades at $63,629, up over a percentage point, after recovering from a $59,100 low that took place on June 4. Moving averages signal a strong sell, while oscillators like RSI at 38 stay neutral. Traders watch the…
Ian Cohen battles $238B Bitcoin grab targeting Satoshi wallets
Attorney Ian R. Cohen has filed a new court rebuttal opposing efforts to revive a lawsuit that seeks control of roughly 3.8 million Bitcoin worth an estimated $238 billion, including wallets linked to Bitcoin creator Satoshi Nakamoto. Summary Ian Cohen…
Strategy Will Have to Sell Over 50,000 BTC by 2028
Kaleo actually said this could be the company’s best option. Michael Saylor’s bitcoin-buying intelligence software company has come under scrutiny in recent weeks. The tiny sale of 32 BTC at the end of May was just a drop in…
President Milei Exempts Registered Crypto Exchanges From Argentina’s ‘Cheque Tax’
Key Takeaways Javier Milei signed Order 475/2026, cutting exchange tax costs to level the Argentine crypto market. The law cuts a 1.2% cheque tax from November 2021, allowing exchanges to drop fees for users. Manuel Baudroit thanked Javier Milei for…
XRP Ledger upgrade exposes hidden flaws across network
The XRP Ledger community has reported a growing list of software issues after the June 15 release of xrpld version 3.2.0, even as only 26% of network nodes have upgraded to the new software. Summary XRP Ledger’s latest xrpld upgrade…
SQUID RLUSD Integrations, Flutterwave $3.2Bn Valuation: Ripple XRP News This Week
Ripple’s dollar-pegged stablecoin RLUSD made two concrete infrastructure moves this week: cross-chain routing platform Squid integrated RLUSD for single-transaction swaps across more than 100 blockchains and 20,000-plus tokens. Ripple took a strategic stake in African payments giant Flutterwave at a…
JPMorgan Says 20% of Miners Operating at a Loss as Bitcoin Trades Below Production Cost
Key Takeaways JPMorgan says Bitcoin stayed below its $78K production cost for 5 straight months. Public miners sold 32,000+ BTC in Q1 2026 as 20% of operators turned unprofitable. JPMorgan expects volatility to persist until Bitcoin climbs above $78K or…
