Crypto Breaking News

CoinGlass's Altcoin Season Index has risen to 58, suggesting more money is moving from Bitcoin (CRYPTO:BTC) into altcoins.

Iran and the United States traded tit-for-tat attacks over the weekend, with both sides issuing conflicting declarations on whether the Strait of Hormuz is open for shipping. John Sfakianakis, Chief Economist and Head of Research at the Gulf Research Center, told Abeer Abu Omar on Horizons Middle East and Africa that return to a full scale-war is a possibility but we are "not yet" there.

AI-powered businesses and freelancers could generate US$262 billion in annual stablecoin payments by 2030, according to a report by Swyftx.

This summer's heat waves may have already resulted in more than 2,700 deaths in England and Wales. That's according to an estimate published on Monday by researchers at Imperial College London, the UK Met Office and the London School of Hygiene and Tropical Medicine. Bloomberg's Joe Wertz reports.

Evernorth has launched a Japanese-language channel as it expands its focus on XRP (CRYPTO:XRP) in Japan.

Private capital data platform, Magnitt, says Middle East venture funding fell 22% in the first half of the year, with actual deal count plunging by 41%. Many of the deals were signed before the US-Israel attacks on Iran. CEO Philip Bahoshy told Abeer Abu Omar on Horizons Middle East and Africa that the real test will hit this summer.

A 70-year-old Indian chartered accountant lost more than ₹21.06 crore, or US$2.2 million, in a fake crypto investment scam.

The US government's debt has passed US$39 trillion, renewing interest in Bitcoin (CRYPTO:BTC) as a hedge against rising government borrowing.

SK Hynix shares declined in Seoul on Monday after the memory chipmaker's highly-anticipated US trading debut. The company's $26.5 billion US offering was closely watched as a test of demand for overseas offerings as well as for the longevity of the artificial intelligence rally. Bloomberg's Neil Campling reports.

A home miner using a US$150 Bitaxe device mined a Bitcoin (CRYPTO:BTC) block and earned about US$200,000.

American Bitcoin has fallen more than 95% from its peak, cutting more than US$600 million from the value of Eric Trump's stake.

Japanese Prime Minister Sanae Takaichi said the government will boost support for Web3 startups with more funding and simpler regulations.