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Polymarket has seen a significant surge in trading volume, exceeding $50 million, on contracts related to the conflict in Iran following airstrikes. A key market predicting the removal of Khamenei resolved to 100% after his death was confirmed, generating $45 million. This highlights the platform's ability to price geopolitical events in real-time, influencing broader market sentiment, including Bitcoin's recent price action.
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Galaxy research analyst Alex Thorn refutes claims that Jane Street intentionally suppressed Bitcoin's price. He dismisses the narrative, prevalent on X (formerly Twitter), as "Twitter cope" and a manufactured controversy. Thorn suggests market makers like Jane Street likely hedge their positions rather than actively suppressing prices, questioning their incentive to do so.

XRP Ledger developer Wietse Wind has issued a warning about a new scam targeting XRP wallet holders. Scammers are sending fake NFTs, often with misleading "passes" or offers, aiming to trick users into trades or drain funds. Users are advised to cancel suspicious offers and never engage with unsolicited NFTs or share private wallet information.

Cryptocurrency markets experienced a sharp sell-off following geopolitical news but rapidly recovered, driven by significant short liquidations. Bitcoin bounced back from lows near $63K to over $67K, with Ethereum and major altcoins also seeing strong gains. The total market cap surpassed $2.3 trillion, indicating a swift return of risk appetite despite ongoing regional instability.

Shiba Inu's open interest in futures has fallen over 8% in 24 hours, indicating a bearish sentiment shift among traders. This decline mirrors a 5.28% drop in SHIB's spot price, leading to over $503 million in liquidations. The bearish trend suggests traders are closing positions amid increasing sell pressure.

This article is a placeholder for daily crypto news, covering trends and events impacting Bitcoin, blockchain, DeFi, NFTs, Web3, and regulation. It highlights specific categories such as Trump memecoins and Solana memecoins, alongside mentions of the TRUMP token and SOL. The content emphasizes Cointelegraph's commitment to independent journalism, with disclosures about potential commercial partnerships.

Bitcoin experienced a sharp price decline, dropping to $63,177 and liquidating approximately $157 million in long positions. This downturn occurred despite earlier optimism fueled by news of alleged Jane Street market manipulation. Escalating geopolitical tensions between Iran and the US contributed significantly to market fear and panic selling in derivatives, exacerbating Bitcoin's volatility.

Anthropic CEO Dario Amodei has responded to a Pentagon order restricting military use of AI. Anthropic was previously the first company to deploy its AI models on classified US military cloud networks. The details of the order and its specific implications for Anthropic's military engagements remain unclear.

Despite Ethereum (ETH) trading significantly below its 2025 peak, traditional finance (TradFi) institutions continue to invest. This persistent interest is attributed to ETH's strong total value locked (TVL) and broad adoption within the global on-chain finance ecosystem. The article explores whether this TradFi confidence will translate into future price appreciation for ETH.
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Polymarket has seen record trading volumes, with over $529 million wagered on U.S.-Iran conflict outcomes and related geopolitical events. The platform experienced significant activity following reported strikes and the death of Iran's Supreme Leader, with traders pricing in ceasefire timelines and potential regime change. This highlights the growing use of prediction markets for real-time geopolitical risk assessment and price discovery.