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Iran is hit by US and Israel airstrikes! Bitcoin drops sharply, approaching $63,000

Iran is hit by US and Israel airstrikes! Bitcoin drops sharply, approaching $63,000

After the United States and Israel conducted airstrikes on Iran, Bitcoin dropped about 3% within a few hours, approaching $63,000, the lowest since February. This event marks an escalation in tensions between the US and Iran, and Bitcoin, as a liquidity asset traded around the clock, has become an immediate reflection of geopolitical concerns. If the conflict intensifies, it could impact global energy prices and supply chains, further affecting the performance of risk assets.
02-28 08:42
Market Whisper

Bitcoin funding rates turn fully negative, analyst: short squeeze conditions are gradually taking shape

Bitcoin perpetual futures funding rates turn negative, indicating a bearish market dominance. Analysis suggests that if the macro environment improves, it could trigger a short squeeze and push prices higher. Retail trading is active, but whale movements point to the opposite market sentiment, requiring a comprehensive analysis of multiple indicators to assess market trends. Bitcoin is currently consolidating around $68,000, down 46% from its all-time high.
02-28 06:23
Market Whisper

Trump Media considers spin-off listing! The future of the crypto ETF plan remains a mystery

Trump Media is considering spinning off its social media platform Truth Social into an independent publicly traded company to create shareholder value. The fate of the cryptocurrency plans after the spin-off is unclear, and the market is paying close attention. DJT stock did not rise after the announcement; instead, it fell about 2.10%, indicating a lack of market confidence.
02-28 01:08
Market Whisper

Former Mt. Gox CEO proposes a Bitcoin hard fork to recover $5.2 billion

Former Mt. Gox CEO Karpelès proposes a hard fork of Bitcoin to recover approximately 79,956 Bitcoins stolen in 2011. The proposal suggests adding consensus rules to allow funds to be returned to creditors through court proceedings, but it faces concerns about undermining Bitcoin's immutability and the risk of chain splits. This proposal is currently mainly to spark discussion and has not been implemented.
02-28 01:01
Market Whisper

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Polymarket breaks $478 million in daily trading record after Iran airstrike

After the US and Israel conducted airstrikes on Iran, the prediction market platform Polymarket reached a new trading volume high, hitting $478 million in a single day, with political markets accounting for $220 million. Bubblemaps discovered at least six addresses profiting approximately $1.2 million, raising concerns about insider trading. Meanwhile, competitor Kalshi faced criticism for involving contracts related to Hamedani, despite its CEO claiming the contracts comply with CFTC regulations, the company is facing ethical challenges.
MarketWhisper·20m ago
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The outbreak of war between the US and Iran triggers a liquidation wave in the crypto world, with Brother MaJi's 25x leverage being liquidated again.

February 28, Israel launched a military operation against Iran with support from the United States, causing significant volatility in the crypto market. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana all experienced sharp declines, especially when a well-known artist Huang Licheng was forcibly liquidated due to holding an Ethereum position with 25x leverage, resulting in a substantial loss of funds. This incident highlights the market risks associated with high leverage. The event has drawn widespread attention, and the crypto market's response to geopolitical risks has been swift. Investors should exercise caution in managing their risks.
ETH1.14%
BTC0.6%
SOL0.62%
MarketWhisper·27m ago
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KB Financial strengthens financial support for domestic enterprises amid Middle East conflict

KB Financial Group activates emergency measures and launches a financial support program to assist Korean companies affected by the Middle East conflict. KB Kookmin Bank offers loans of up to 500 million KRW with an interest rate discount of 1.0 percentage point, providing special support for companies with loans due within three months, aiming to stabilize business operations and respond to market fluctuations.
TechubNews·1h ago

Crypto Biz: Shareholders revolt over Bitcoin treasury

Bitcoin (CRYPTO: BTC) treasuries have become a flashpoint for investors weighing the merits and risks of corporate crypto bets, as activists push for governance changes and potential sales. After a multi-quarter stretch of price softness across the sector, several high-profile treasury strategies ar
CryptoBreaking·1h ago

Anthropic CEO Responds to Pentagon Ban on Military Use

The defense-policy arc surrounding artificial intelligence intensified after the U.S. Department of Defense branded Anthropic as a “supply chain risk,” effectively barring its AI models from defense contracting work. Anthropic’s chief executive, Dario Amodei, pushed back in a CBS News interview on S
CryptoBreaking·1h ago

Although KOSPI breaks through 6,000 points, the IPO market still faces a cold spell; March listing expectations heat up

Despite the KOSPI index rising above 6,000 points, South Korea's corporate IPO market remains sluggish, with no new listings in February. Analysts believe this is related to increased listing supply and the Lunar New Year holiday. However, the market is expected to rebound starting in March, with K Bank's listing performing remarkably well, indicating increased investor interest and a potential recovery in the future.
TechubNews·1h ago
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