Author: Isabella Taylor
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors. Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped 7% over the past 24 hours to $3.3 trillion. Bitcoin (BTC) declined around 5%, trading at $103,464 as of press time. Ethereum (ETH) fell 10% to $2,471, while Solana (SOL) dropped 11% to $141. XRP (XRP) and BNB (BNB) also lost ground, down 6% and 4% respectively. Data from CoinGlass shows that crypto liquidations surged 125% in a single day,…
The world of blockchain is growing at a consistent pace with innovative technologies and applications grabbing headlines now and then. Cross-chain bridges are one of the most effective technological advancements in the crypto landscape that have solved a critical problem. The Synapse Bridge crypto utility is a standout offering by Synapse and can be a frontrunner for achieving cross-chain interoperability. As the domain of blockchain focuses more on DeFi, NFTs, and web3 technologies, interoperability serves as a major influence on the growth and adoption of blockchain. Let us learn more about the Synapse Bridge and its distinctive features. Build your…
Bitcoin is entering a period of volatility, as macro effects align for a short-term rally to $111,000, according to Bitfinex Head of Derivatives Jag Kooner. Macro factors, including a potential U.S.– China trade deal and cooler-than-expected inflation figures, are aligning to support another Bitcoin (BTC) ally. On Wednesday, June 11, Jag Kooner, Head of Derivatives at Bitfinex, shared his insights on Bitcoin with crypto.news. Kooner believes that a possible agreement between the U.S. and China could help reduce uncertainty and boost market sentiment. However, he noted that the optimism may already be priced in, meaning the immediate impact on markets…
Generative AI has become one of the focal points of discussion in the AI landscape for all the right reasons. The rise of large language models or LLMs has made AI more accessible to users. ChatGPT, for example, has become incredibly popular and widespread. We are excited to announce that our Mastering Generative AI with LLMs course launched recently and has already become popular among our learners who wish to become generative AI experts. Generative AI is an innovative subdomain of AI focused on language models. As the name implies, generative AI models generate completely new output based on user…
Just months after its previous major mint event, Tether has once again minted a significant amount of tokens, likely in anticipation of increased demand. A recent move suggests Tether is preparing for a new wave of liquidity. On Monday, June 9, Tether minted $1 billion USDT on the Tron (TRX) blockchain, according to several blockchain analysts. This represents a sizable liquidity injection, even for the world’s largest stablecoin. Notably, the $1 billion mint accounts for more than 1% of all USDT supply on Tron, the blockchain that hosts the majority of USDT tokens. Currently, USDT supply on Tron stands at…
BRETT eyes significant recoveries from a key demand region. Bitcoin Pepe listing confirmed as presale surpasses $13.6M. Bullish on-chain indicators suggest potential breakouts for Tron. The cryptocurrency market signals notable shifts as Bitcoin hovers around $105K, with investors and traders turning their attention from large-cap tokens to mid- and low-tier assets. With the prevailing altcoin rotation, BRET, Bitcoin Pepe (BPEP), and Tron (TRX) appear attractive for different reasons. This article evaluates why you should watch the trio as the market hints at robust rallies after ongoing consolidations. BRETT rebounds from crucial support Base-based meme token BRETT displays recovery signs after…
A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government Efficiency (D.O.G.E.), the Trump-backed initiative he once led. Musk breaks with Trump over ‘Big Beautiful Bill’ Musk took to X on Tuesday to voice his frustrations, accusing Trump’s new “One Big Beautiful Bill” of reversing all the cost-cutting progress made by the department. In typical…