News
Stay up-to-date with the latest developments in the world of finance and crypto. Our News section brings you timely updates, market trends, regulatory changes, major partnerships, and breaking stories that impact the global financial landscape. Whether you’re a seasoned investor or just getting started, this is your trusted source for staying informed.
President Donald Trump on Wednesday said he gave Iran an “ultimatum” as he considers whether to order a U.S. strike against the country, amid its ongoing conflict with Israel. Meanwhile, the U.S. Embassy in Jerusalem began preparing for large-scale evacuations of Americans who want to leave Israel. “I may do it, I may not do…
Dado Ruvic | Reuters Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic. The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said. Blockchain research firm…
Berlin, Germany, June 18th, 2025, Chainwire BitVault, a DeFi protocol aiming to redefine Bitcoin’s role in stablecoin infrastructure, has announced the close of a $2 million pre-seed round. Strategic investors include GSR, Gemini, Auros, and Keyrock, among others—joining BitVault in building what it calls the “next era of BTC-backed money”: an institutionally-aligned alternative to fiat-pegged…
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has pointed out a growing gap between gold and crude oil, signaling increasing worries about a possible global economic slowdown. To this end, gold has jumped nearly 46% over the past year as investors seek safe assets amid rising geopolitical tensions and ongoing economic uncertainty. Gold and oil…
As Bitcoin (BTC) recovers from Tuesday’s sharp sell-off, a trading expert has outlined a path that could push the flagship cryptocurrency to a new all-time high. Based on historical price patterns, Bitcoin could rise to $145,000 by September 2025, according to a June 18 post on TradingView by TradingShot Bitcoin price analysis chart. Source: TradingView…
JERUSALEM: Israel will ease domestic restrictions imposed on its population due to the ongoing war with Iran and will “reopen its economy”, Defence Minister Israel Katz said on Wednesday. “The decision to gradually reopen the economy and various regions is a message of victory over the Iranian enemy,“ Katz claimed in a statement. “They come…
KYIV: Ukrainian President Volodymyr Zelensky is scheduled to participate in person at the June 24-25 NATO summit in The Hague, a source in the Ukrainian presidency told AFP on Wednesday. NATO members are expected to agree a major increase in defence spending under pressure from US President Donald Trump at the gathering. “The decision will…
President Donald Trump slammed Federal Reserve Chair Jerome Powell on Wednesday ahead of the central bank’s interest rate decision, calling him “a stupid person.” “We have a stupid person, frankly, at the Fed,” Trump said. “He probably won’t cut.” The Fed will announce its latest decision on whether to cut interest rates on Wednesday. The…
LONDON: Britain’s Catherine, Princess of Wales, who is recovering from cancer, has pulled out of attending the Royal Ascot race meeting, her Kensington Palace office said on Wednesday. The famed sporting event in Berkshire in southern England is a key event in the royal calendar. Catherine, also known as Kate, would not be attending Royal…
ISTANBUL: A far-right political opponent of President Recep Tayyip Erdogan on Wednesday slammed ongoing graft probes into Turkey’s opposition as unfair, a day after being released from jail. Umit Ozdag, who heads the small anti-immigrant Victory party, was placed in pre-trial detention on charges of inciting public hatred on January 20. A court on Tuesday…
