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Israeli Man Accused of Spying for Iran in Exchange for Crypto

by admin June 24, 2025



In brief

  • Israel’s security agency has arrested a 27-year-old for allegedly photographing military sites for Iran.
  • Suspects allegedly received crypto payments worth $500 for each task, racking up thousands of dollars.
  • Two other Israeli citizens were arrested for similar espionage activities.

Israeli authorities have arrested a 27-year-old Tel Aviv man on espionage charges after he allegedly completed intelligence tasks for Iranian operatives in exchange for crypto payments.

The suspect allegedly carried out various missions, including photographing sensitive locations and spray-painting politically motivated graffiti, the Israel Security Agency (Shin Bet) and Tel Aviv District Police announced in a joint statement released to various local media on Monday.

Organizations behind the espionage activities “reach out through social media platforms,” the agencies said, urging citizens and residents of Israel “not to engage with foreign actors or carry out any missions on their behalf,” as cited in a report from local media outlet Arutz Sheva.

The arrests come as cyberattacks linked to the Israel–Iran conflict have intensified, with the conflict causing uncertainty in crypto markets.

Last week, a pro-Israel hacker group claimed responsibility for an exploit that drained roughly $90 million worth of crypto from Iranian exchange Nobitex, citing ties between the platform and Iranian intelligence services.

Crypto markets eased by Monday after President Trump claimed that a ceasefire mediated by Qatar was being discussed.

At the time of writing, Israel maintained warnings for citizens to take shelter, claiming a third Iranian missile barrage to be incoming, per an update from the Associated Press.



Paid in crypto

In the Sunday operation, authorities seized computers and digital storage devices suspected of being linked and used for communication with Iranian handlers working with Or Beilin, a Tel Aviv resident.

After his arrest, Beilin was brought before the Tel Aviv Magistrate’s Court, which decided to extend his detention to June 26, pending investigation.

Beilin joins two others already in custody by Israeli police, including Dmitri Cohen, 28, from Haifa.

Cohen was arrested last month on suspicion of gathering intelligence on Amit Yardeni, who was set to marry Avner Netanyahu, the son of Israeli Prime Minister Benjamin Netanyahu, according to a separate report from the Times of Israel.

Cohen was reportedly promised $500 for each task and received thousands in crypto since working with Iranian agents. Another individual was arrested in the Sharon region, though the 19-year-old suspect was not named in local reports.

Decrypt reached out to Shin Bet and the Israel Police to confirm identities and if the arrests formed a pattern.

Edited by Sebastian Sinclair

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June 24, 2025 0 comments
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AAVE price prepares for 50% surge as rare bullish pattern forms
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Bitcoin rebounds above $103k after Iran missile attack intercepted

by admin June 24, 2025



Bitcoin price has swiftly bounced above $103,000 after a sharp decline triggered by reports of Iran firing missiles at a U.S. base in Qatar.

Following confirmation that U.S. interceptor missiles successfully intercepted the Iranian missiles with no casualties, Bitcoin (BTC) surged. The benchmark cryptocurrency had briefly touched the $100,000 level after Iran announced it had fired missiles at Al Udeid Air Base in Qatar.

However, a statement from the Qatari Ministry of Defense detailing a successful interception of the ballistic missile attack helped boost sentiment, with Bitcoin and the broader crypto market responding positively.

No US troops injured or no damage to facilities after Iran fires missiles at bases, per FOX

— unusual_whales (@unusual_whales) June 23, 2025

According to Axios, President Donald Trump’s administration was “aware” of Iran’s coordinated attack on Al Udeid Air Base and in Iraq. Sources said the White House had “good advance warning,” noted.

The New York Times also reported that Iran had given Qatari advance information on the impending attack, with Qatar closing its airspace. 

Bitcoin touches $102.5k

At the time of writing, BTC price was hovering around $102,800, up nearly 4% in the past 24 hours. The gains marked a V-shaped recovery following the sharp drop seen during afternoon U.S. trading. Bitcoin touched highs of $103k across major exchanges.

BTC chart on crypto.news

While the crypto market saw a swift rebound, further downside could follow. Reports indicate that Qatar has stated it reserves the right to respond to the attacks. Iraq, Kuwait, Bahrain, and the UAE have also shut down their airspace, and U.S. military bases across the Middle East—including at Ain Al-Asad Airbase in Iraq—are on high alert.





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June 24, 2025 0 comments
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Bitcoin, Ethereum and XRP Spike as Trump Says Iran and Israel Agree to Ceasefire

by admin June 23, 2025



Cryptocurrency prices spiked early Monday evening as President Donald Trump said on social media that Iran and Israel have agreed to a ceasefire, purportedly putting an end to days of bombing.

“CONGRATULATIONS TO EVERYONE!” Trump wrote on Truth Social. “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, ENDED!”

Bitcoin is up 5% on the day, topping $105,000 following a quick surge just now following Trump’s announcement. It’s currently priced at $105,550, almost fully returning to BTC’s Friday price ahead of weekend declines.



The price of the leading cryptocurrency had fallen below $100,000 on Sunday, after U.S. forces bombed Iran nuclear sites late Saturday, but had started recovering and returned over that mark by the end of the weekend.

Users of prediction market Myriad expect that Bitcoin will be able to remain above the $100,000 mark, forecasting a 79% chance that it stays above that price by the end of the day on June 27. (Disclosure: Myriad is a product of Decrypt’s parent company, DASTAN.)

Other top assets like Ethereum, XRP, and Solana are also rising following the news. Ethereum is up to $2,408, rising 9% over the last day after showing a 10% dive early Sunday. Solana is up 11% on the day, with Dogecoin rising 10% and XRP and Cardano both up 9% during that span.

Crypto liquidations are piling up again with asset prices on the rise Monday. CoinGlass data shows $473 million worth of crypto positions “rekt” over the last 24 hours, dominated by $364 million worth of short positions. Bitcoin makes up the biggest chunk of liquidations at $161 million, with Ethereum not far behind at $140 million.

Editor’s note: This story was updated after publication with additional details.

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June 23, 2025 0 comments
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Donald Trump and Sean Hannity Set Off a Wave of Disinformation After Iran Bombing
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Donald Trump and Sean Hannity Set Off a Wave of Disinformation After Iran Bombing

by admin June 23, 2025


Trump’s effort to frame the bombing as a decisive end to Iran’s nuclear ambitions, while heavily disputed by arms control experts, was picked up by supporters who claimed the bombing raid had effectively ended any potential conflict.

“Nobody is celebrating war,” right-wing commentator Dave Rubin wrote on X on Sunday morning. “People are celebrating the end of war.” Pro-Trump commentator Ben Shapiro hailed Trump’s actions as historic on his YouTube channel: “President Trump was never going to start world war three … he played this absolutely perfectly … President Trump was not dragged into a war, he managed this with absolutely stunning professionalism.”

However, just hours later, Trump raised the possibility of an extended military engagement in Iran when he suggested replacing the current leadership in a post on Truth Social.

“It’s not politically correct to use the term, ‘Regime Change,’ but if the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change??? MIGA!!!,” Trump wrote. Trump’s suggestion came after his own vice president, secretary of defense, and secretary of state had all declared that the bombing raid had nothing to do with regime change.

A MAGA cohort had warned for weeks that any attempt to replace the Iranian government would lead to a protracted war that would see US troops on the ground in the Middle East getting involved.

Charlie Kirk, a conservative political activist who had repeatedly voiced his opposition to war with Iran, appeared to make a U-turn on Sunday evening in response to Trump’s “regime change” post.

“A bottom-up revolution rises from the will of the people,” Kirk wrote on X. A top-down regime change is engineered by elites and the intel community. One is organic, the other is orchestrated, forced … President Trump is talking about an organic uprising.”

Kirk was mocked by other right-wing influencers for his U-turn. “Oh now it’s TOP DOWN US led regime change that your [sic] against,” influential podcasters Keith and Kevin Hodge, wrote on X in response to Kirk. “Not just regular old regime change. We get a new and improved regime change sponsored by the intel community and defense contractors!”

While some of the loudest opponents to engaging in military activity in Iran—such as Tucker Carlson—have yet to comment on Trump’s suggestion of regime change, many have criticized the weekend’s incidents.

“American troops have been killed and forever torn apart physically and mentally for regime change, foreign wars, and for military industrial base profits,” US representative Marjorie Taylor Greene wrote in a lengthy diatribe on X after the bombings. “I’m sick of it.”

Meanwhile, Alex Jones, the school-shooting conspiracist and Pizzagate conspiracy promoter who filed for bankruptcy in 2022, said Trump’s regime change comments would drag US troops into the conflict.

“Now Trump joins in, essentially calling for regime change, that’s called sleepwalking us into total war, not what we voted for,” Jones said on his Infowars show on Sunday night.

On Monday morning, Trump himself indicated that the fallout from the US bombing raid may continue for some time, writing a post apparently in response to speculation that Iran will close one of the world’s busiest oil shipping channels, the Strait of Hormuz.

“EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!” Trump wrote on Truth Social, before adding: “To The Department of Energy: DRILL, BABY, DRILL!!! And I mean NOW!!!”



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June 23, 2025 0 comments
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GameFi Guides

Iran Conflict Dumps Crypto, North Korean Hackers Target Crypto Wallets, EU MiCA Rules Make Investors Double Down on Best Wallet, and More…

by admin June 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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With so many institutions and countries adopting crypto, the presale market is also heating up. The biggest difference is that it offers more diversified, unique early investment chances with potentially much bigger payoffs than regular stablecoins or BTC.

We provide real-time news on new presale projects, whale buys, funding and development milestones, as well as vital alerts. Everything you need to navigate potential opportunities and risks.

This page is updated frequently throughout the day, as we get the latest insider scoops on the hottest presales, so keep refreshing!

Disclaimer: Crypto investments are high-risk and you could lose your entire capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Get Solaxy to Weather the Storm After Trump’s Airstrikes on Iran

June 23, 2025 • 07:28 UTC

The crypto market quaked after Trump’s attack on several Iranian nuclear sites. This sent crypto into a dump dive, with over $595M bullish bets liquidated within 24 hours. Ethereum, XRP, and even Bitcoin slid down.

However, despite the market chaos, traders are looking toward altcoins and crypto presales that might soar this year.

One such project has proven their worth time and time again: Solaxy ($SOLX.

As the first-ever Solana Layer-2, $SOLX aims to enhance the blockchain with better speed and zero failed transactions. By combining Ethereum’s liquidity with Solana’s speed, Solaxy is sure to soar. The presale has raised over $56M, and 1 $SOLX is now $0.001766.

The project might be the best play for investors looking to weather the current storm and make smart investments. Read more.

Read more about Solaxy on the official site.

Best Wallet Token to Soar After Coinbase Secures EU-Wide MiCA License

June 23, 2025 • 07:28 UTC

The crypto industry is at a crossroads as Coinbase’s MiCA license is waiting for approval in Europe. That would make it one of the first crypto companies aligning itself fully with the new regulatory framework.

Coinbase would be able to operate seamlessly across all 27 EU states under one license (an incredible leap forward for crypto accessibility in Europe).

With more regulatory obstacles left in the dust, investors are becoming increasingly bullish. This makes presale tokens with real utility shine through the crowd.

One such coin is Best Wallet Token ($BEST). As the native token of a top non-custodial wallet (Best Wallet), $BEST supercharges the privacy-focused ecosystem. Investors get lower fees, better staking rewards, and early access to presales.

Best Wallet and its token are perfectly positioned to benefit from Europe’s crypto expansion as more investors are coming in. Read more.

Read more about Best Wallet Token on the official site.

North Korean Hackers Keep Targeting the Crypto Industry

June 23, 2025 • 07:28 UTC

The North Korean hacker group known as Famous Chollima is targeting crypto job applicants on a wide scale. They’re using a job application process to deceive those active in the crypto industry with a Python-based malware dubbed PylangGhost.

Victims, mostly India-based at the time of writing, are deceived into downloading the malware on their devices under the guise of “video drivers” being required for the process. The malware is delivered via a zip file with an innocuous name, such as nvidia.py. Once installed, the script harvests sensitive data such as browser sessions, wallet data (MetaMask, Phantom), and login credentials.

Windows and Mac systems are affected, but Linux systems appear to be safe. As attacks on crypto owners increase, crypto presales and wallets, such as Best Wallet, are stepping up their security and verification process, introducing MFA methods that make it difficult to extract funds from victims even if their credentials are leaked.

Read more about Best Wallet on the official site.

$BTC Season Confirmed, $112K Next as Smart Money Seek Double Exposure with $BTCBULL

June 23, 2025 • 07:28 UTC

$BTC breaks past $105K as a massive green candle forms on the three-hour chart. Community sentiment is 82% bullish, while the ASI hits 22 – clear Bitcoin Season.

Now, watch for immediate resistance at $112K where $BTC will retest its record high, with an extended target at $120K if momentum holds.

As meme coin 24-hour trading volume is down 24%, smart money seeks greater $BTC exposure. This is precisely why BTC Bull Token ($BTCBULL) presale raised $7.6M so fast – it gives direct $BTC exposure through airdrops scheduled for $BTC’s $150K and $200K milestones.

The presale won’t last forever, but $BTC’s bull run is just getting started.

Read more about BTC Bull Token on the official site.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 23, 2025 0 comments
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Crypto Trends

Bitcoin rebounds above 100K as market absorbs Iran war fears

by admin June 23, 2025



Bitcoin has clawed its way back above the $100,000 after briefly dipping below the key psychological level for the first time in months driven by Middle East geopolitical tensions.

The rebound follows a steep sell-off brought on by rising Middle East tensions after U.S. airstrikes on Iranian nuclear facilities at Fordow, Natanz, and Isfahan. A wave of liquidations followed, pushing Bitcoin down almost 4% to a multi-week low of $98,615 on June 22. Meanwhile, Ethereum (ETH) and Solana (SOL) saw losses of up to 10% and 5%, respectively.

The airstrikes, confirmed by President Donald Trump, marked a major escalation in the Israel-Iran conflict. Iran’s planned closure of the Strait of Hormuz, a vital route for 20% of global oil shipments, raised fears that oil prices could spike to $120–$130 per barrel and push U.S. inflation back up toward 5%. 

The immediate result was a flight to safe-haven assets like gold and the U.S. dollar, a $40 billion wipeout of the cryptocurrency market, and almost $1 billion in long-position liquidations. However, signs of stabilization emerged quickly.

Bitcoin recovered above $100,000 thanks to a 75.8% increase in daily trading volume to more than $48.4 billion. Despite a slight decline in open interest, Coinglass data shows that derivatives activity also surged, with volume rising 67% to $136 billion. This indicates that some market participants reduced their exposure in the face of uncertainty but may be returning.

From a technical perspective, the general trend is still bearish for the near future. Bitcoin is trading below its downward-sloping 10-day and 20-day exponential moving averages. Weak upward momentum and a tilt toward the lower band near $98,000, a crucial support zone, are indicated by the Bitcoin’s price hovering below the Bollinger Bands’ midline.

Bitcoin price analysis. Credit: crypto.news

Momentum indicators show mixed signals. With a relative strength index of 39, the market is weak but not yet oversold. The stochastic RSI and stochastic oscillators are in buy territory, suggesting a potential short-term recovery. The 10-day momentum and moving average convergence divergence, however, are still firmly bearish.

Bitcoin may retest resistance in the $105,000–$106,000 range if geopolitical tensions subside. On the flip side, many analysts on X warn of further declines towards $92,000 or lower if the conflict intensifies, especially given Iran’s threats of retaliation.

The speed of diplomatic resolution and whether exchange-traded fund inflows can continue to withstand sell-side pressure will likely determine how Bitcoin responds, as has been the case in previous crises.



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June 23, 2025 0 comments
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Crypto Trends

BTC Reclaims 100K as Markets Shrug off Iran Strike

by admin June 23, 2025



Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

As Asia begins the trading week, {{BTC}} is trading above $100,500 as the initial volatility from news over the weekend that the U.S. struck some of Iran’s nuclear facilities begins to subside.

While prices briefly dipped below six figures on Sunday in a risk-off reaction, markets have since stabilized. Equity futures are flat, and gold is up only marginally, suggesting that traders are not yet pricing in a broader escalation.

The lack of follow-through in traditional markets may reflect expectations that Iran’s response will be contained or delayed, rather than immediate and destabilizing.

Crude oil is holding its gains near $76 per barrel after spiking nearly 4% Sunday evening on fears that Iran could block the Strait of Hormuz, a key chokepoint for global oil shipments. Still, commentary from U.S. officials and muted early-week trading suggest that investors remain in a wait-and-see mode.

In crypto markets, altcoins that had mirrored BTC’s weekend drop, like ETH, XRP, and SOL, are also clawing back losses.

For now, the market appears to be treating the U.S.-Iran clash as a geopolitical flashpoint, not a structural break.

(CoinDesk)

OKX Considering U.S. IPO: Report

Crypto exchange OKX is considering a public listing in the U.S., according to a report from The Information.

Earlier this year, the exchange announced a U.S. expansion after settling with the Department of Justice over accusations that it operated in the country without a money transmitter license.

Among other crypto-linked companies, Bullish, a competitor to OKX and the parent company of CoinDesk, is also said to be considering an IPO given investors’ appetite for companies with exposure to digital assets.

OKX told CoinDesk it had no comment on the matter.

Polymarket Bettors Less Certain About Second U.S. Strike on Iran

Polymarket bettors are cooling to the idea that the U.S will hit Iran a second time before the end of the month.

The ‘yes’ side of a contract asking if the U.S. will conduct another military action on Iran by June 30 is now trading at 54%, from 74% in the hours after the initial strike on Iranian nuclear sites.

There appears to be a growing market belief that deconfliction – on both sides – is on the agenda, as evidenced by another contract asking bettors about the likelihood of Iran closing the Strait of Hormuz, which is currently trading at 49% down from 52%.

Market Movements:

  • BTC: Bitcoin rebounded to $101,419 after a volatile 4.5% intraday swing, finding strong support at $99,000 amid geopolitical tensions and surging institutional buying interest, according to CoinDesk Research’s technical analysis data.
  • ETH: Ethereum fell 2.3% to $2,237 amid U.S.-Iran tensions, breaking a six-week consolidation pattern despite over $500 million in institutional accumulation.
  • Gold: Bank of America analysts predict gold could hit $4,000 an ounce within a year, an 18% jump, driven less by geopolitical tensions and more by mounting U.S. fiscal debt and a global shift by central banks away from the dollar toward gold.
  • Nikkei 225: Asia-Pacific markets fell Monday as the U.S. strikes on Iranian nuclear sites fueled oil price spikes and fears of broader Middle East escalation, with Japan’s Nikkei 225 down 0.56%.

Elsewhere in Crypto:



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June 23, 2025 0 comments
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Bitcoin Rebounds as Markets Price in ‘Short-Lived’ Iran Conflict

by admin June 23, 2025



In brief

  • Iran’s foreign minister met with Russian officials in Moscow as diplomatic backchannels reopened following weekend strikes.
  • Pav Hundal of Swyftx said elevated volumes reflect deep trader uncertainty, calling the initial sell-off part of crypto’s “volatile DNA.”
  • Oil and gold both pulled back from intraday highs, reinforcing market expectations that broader escalation remains unlikely.

Bitcoin regained a footing late Sunday to trade above $101,000, recovering from earlier weekend losses as investors responded to U.S. and Israeli airstrikes on Iranian nuclear sites. 

The gains came alongside modest moves in gold and a muted reaction across oil and equity futures, signaling traders expect a contained conflict rather than a sustained geopolitical shock.

The U.S. operation, carried out in coordination with Israel, targeted Fordow, Natanz, and Isfahan using more than 125 aircraft and bunker-buster munitions.

Iran responded with missile and drone attacks on Israeli cities and threatened to strike U.S. military bases in the Gulf. 

Despite the escalation, markets stabilized quickly. Gold briefly hit $3,398 before easing to $3,374, while oil pared an early surge to finish up just 0.5%.

“The market is still expecting a short-lived war,” The Kobeissi Letter wrote on X, noting that oil remains far below levels historically associated with Strait of Hormuz disruptions.

Crypto markets showed a similar posture. While Bitcoin initially sold off during the height of the weekend headlines, traders returned as risk appetite increased.



“We saw a lot of twitch trading after the U.S. strikes, and volumes remain elevated,” Pav Hundal, lead analyst at Swyftx, told Decrypt. 

“The uncertainty in the Middle East, nobody knows what’s coming next, creates the kind of environment traders hate,” he added. “Bitcoin’s drop wasn’t surprising; it’s still an emerging asset class, and volatility is part of its DNA. If tensions ease, we should see confidence and prices begin to recover.”

Iran’s foreign minister flew to Moscow on Sunday for emergency consultations, while President Trump signaled a pause in further U.S. military action. 

A final decision on next steps could come within two weeks. In the meantime, European leaders have urged restraint and signaled openness to renewed diplomacy.

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June 23, 2025 0 comments
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Crypto Trends

Iran Mulls Closure of Strait of Hormuz; Digital Oil Memecoin (OIL) Soars 400%

by admin June 22, 2025



Iran’s politicians leaned in favor of blocking the strategically important Strait of Hormuz on Sunday in response to the U.S. military strikes on the Iranian nuclear facilities, according to Saeed Azimi, Tehran correspondent for France 24.

“The MPs have unanimously reached this conclusion merely in a consultation capacity. The decision lies with the Supreme National Security Council,” Azimi said on X, responding to several media reports, including Al Arabia, that the Parliament has approved the closure.

The Strait, a key global oil shipping route, accounts for one-fifth of the world’s oil trade. Thus, the closure of the route is likely to send oil prices skyward, possibly into three figures, bolstering stagflation fears in oil-importing trade deficit nations like the U.S.

Analysts expect Brent and WTI crude prices to open significantly higher on Monday, pricing a potential supply squeeze.

In the meantime, an obscure token called the digital oil memecoin (OIL) has skyrocketed over 400% against USD, according to data source DEXTools.io. The token is listed on the Solana-based decentralized exchange Raydium.

OIL/USD (DEXTools.io)

“Fading the most geopolitically advantaged memecoin AND the ONLY coin endorsed by Peter Schiff himself? COULDN’T BE ME…. $OIL,” an X handle supposedly associated with the memecoin, said on the social media platform.

The token came into existence early this year after vocal cryptocurrency and bitcoin critic Peter Schiff published a post on X supporting the idea of creating a digital oil.



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June 22, 2025 0 comments
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Crypto market hit by $1b in liquidations after US strikes Iran
NFT Gaming

Crypto market hit by $1b in liquidations as US strikes Iran

by admin June 22, 2025



Roughly 240,000 traders were liquidated in the past 24 hours as the crypto market reeled from news that U.S. bombers attacked Iran’s main nuclear sites, according to Coinglass.

Total liquidations topped $1.03 billion by midday on Sunday in New York, highlighting the scale of the market shakeout.

With traditional markets closed for the weekend, crypto was the first to react to the geopolitical shock.

By Sunday morning in New York, Bitcoin (BTC) had dropped as much as 4% to just above $99,300, while Ethereum fell 9% to $2,185—its lowest intraday level since May 9.

See the Bitcoin chat below.

The crypto market plunged after President Donald Trump announced late Saturday that U.S. forces bombed three Iranian nuclear facilities in “Operation Midnight Hammer.”

Bitcoin dropped to its lowest level since early May. Ethereum plummeted more than 10% to $2,171, but at last check had inched up 1.2% to $2,205.5.

Altcoins like XRP, Solana, and Dogecoin also hit two-month lows. Liquidations surged to $949 million in 24 hours, mostly from long positions.

Prediction markets like Myriad show growing bearish sentiment, with 65% of users expecting Bitcoin to fall below $95,000 before reaching a new high.



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June 22, 2025 0 comments
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