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IsraelIran

(CoinDesk)
Crypto Trends

Risk of Escalating Israel-Iran Conflict Keeps Bitcoin Around 105K Says QCP

by admin June 16, 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 opens the trading week,

is changing hands at around $ 105,000, stuck in this range due to market uncertainty about whether the Israel-Iran conflict will escalate into a broader regional war, according to a recent note from trading firm QCP.

QCP wrote in a Friday note published on Telegram that risk reversals have “flipped decisively,” with front-end BTC puts now commanding premiums of up to 5 volatility points over equivalent calls, a clear indicator of heightened investor anxiety and increased hedging against downside risks.

The firm said that despite this defensive shift in positioning, BTC has demonstrated notable resilience. Even amid recent volatility, which saw over $1 billion in long positions liquidated across major crypto assets, on-chain data shows that institutional buying continues to provide meaningful support.

QCP emphasizes that markets remain “stuck in a bind,” awaiting clarity on geopolitical outcomes, and warns that the digital asset complex will likely remain tightly linked to headline-driven sentiment shifts for the foreseeable future.

With all that in mind, however, Glassnode data provides some reassurance to investors concerned about longer-term directionality.

Although recent volatility underscores short-term anxiety, bitcoin’s current cycle gain of 656%, while lower than previous bull markets, is notably impressive given its significantly larger market capitalization today.

Previous cycles returned 1076% (2015–2018) and 1007% (2018–2022), suggesting investor demand is still pacing closely with BTC’s maturation, even as near-term macro jitters dominate market sentiment.

Galaxy Research Says OP_Return Debate Wasn’t That Important

The OP_Return debate was less important than what a “loud but small group of critics” wanted everyone to think, Galaxy Research’s Alex Thorn wrote in a recent note.

Thorn described critics’ reactions as “wild accusations of the ‘death of Bitcoin'” and argued that such hyperbole was misplaced given historically low mempool congestion.

On-chain data shows that the mempool is virtually empty compared to a year ago, and the notion that a congested blockchain is suffocating BTC, as was the prevailing narrative in 2023, now appears significantly overstated.

In the note, Thorn further highlighted the irony of labeling arbitrary data as “spam,” reminding observers that Bitcoin’s creator, Satoshi Nakamoto, famously included arbitrary text, the “chancellor on brink of second bailout” headline, in the Bitcoin’s blockchain’s very first block.

Instead, Thorn argued, Bitcoin’s community attention would be better focused on potential upgrades like CheckTemplateVerify (CTV), a proposed opcode enabling strict spending conditions (“covenants”).

“We continue to believe [CTV] is a conservative but powerful opcode that would greatly enhance the ability to build better, safer methods of custody,” he wrote, noting that around 20% of Bitcoin’s hashrate already signaled support for the upgrade.

Bitcoin upgrades require extensive consensus-building, reflecting its open-source ethos, and Thorn emphasized that cautious, deliberate evolution remains critical for broader adoption and scalability.

ByBit Launches Byreal, a Solana-Native Decentralized Exchange

Bybit is entering the decentralized exchange space with Byreal, an on-chain trading platform built on Solana, Ben Zhou, Bybit’s CEO announced via X over the weekend.

Announcing Byreal — our first onchain DEX incubated by Bybit, will be LIVE by end of the month. Starting from scratch and now born on Solana. what’s special: 1/ CEX + DEX synergy Byreal isn’t “just another DEX.” It’s combining CEX-grade liquidity with DeFi-native transparency.… https://t.co/JU60e4zHQ4

— Ben Zhou (@benbybit) June 15, 2025

Byreal’s testnet is scheduled to launch on June 30, with the mainnet rollout expected later this year. Zhou said that Byreal is designed to combine centralized exchange features such as high liquidity and fast execution with the transparency and composability of DeFi. The platform will also include a fair launchpad system and curated yield vaults linked to Solana-native assets like bbSOL.

Market Movements:

  • BTC: Bitcoin held near $105,000 after more than $1 billion in leveraged positions were liquidated, led by a $200 million long on Binance, as rising Israel-Iran tensions triggered a sharp selloff, a flight from altcoins, and a brief but intense bout of volatility.
  • ETH: Ethereum rose 2% to around $2,550 after finding strong support at $2,510, showing resilience amid Israel-Iran tensions and broader market volatility, with continued institutional inflows supporting the uptrend.
  • Nikkei 225: Asia-Pacific markets rose Monday, led by Japan’s Nikkei 225 gaining 0.87 percent, as investors weighed escalating Israel-Iran tensions, while oil and gold prices surged on safe haven demand.
  • Gold: Gold climbed to $3,447 in early Asian trading Monday, hitting a one-month high as Middle East tensions and rising expectations of a September Fed rate cut outweighed strong U.S. consumer sentiment data.

Elsewhere in Crypto:





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June 16, 2025 0 comments
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Francisco Rodrigues
NFT Gaming

BNB Price Shows Resilience After Israel-Iran Clash Sparks Risk Asset Flight

by admin June 15, 2025



Binance Coin (BNB) is showing resilience after a stormy week for financial markets, as Israel attacked Iran in a bid to limit its nuclear program and missile capabilities, leading to a large-scale missile attack in response.

The conflict saw investors flee risk assets and led to more than $700 million in liquidations in the crypto market in just 24 hours, according to CoinGlass. BNB, however, managed to maintain a narrow trading range of just over 1%, resisting a broader altcoin pullback.

BNB, after the sell-off, failed to break above $660, its immediate resistance level according to CoinDesk Research’s technical analysis data model, and has since been consolidating within a symmetrical triangle pattern.

Despite the setback, the coin has stayed above key support at $640, a zone aligned with the 78.6% Fibonacci retracement level. Trading volume analysis suggests sellers dominate near $655.5, while a buyer base forms around $649, the model shows.

Technicals signal a mixed picture. The Moving Average Convergence Divergence (MACD) turned negative, and the Relative Strength Index (RSI) sits just under 50, hinting at fading momentum.

Yet the 50/200-day moving averages are nearing a golden cross, and the Chaikin Money Flow indicator remains positive, a setup that has historically preceded upward reversals, according to the model.

But sentiment around BNB isn’t all bullish. Net Taker Volume, a gauge of aggressive sell pressure, hit a multi-week low of -$197 million.

Meanwhile, even as Binance Smart Chain’s perpetual trading volume rose exponentially month-over-month, this activity doesn’t appear to have sparked new demand for BNB. Futures open interest remains down more than 30% from its December peak.



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June 15, 2025 0 comments
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How Will the Israel-Iran Conflict End? Here's What AI Models Predict
Crypto Trends

How Will the Israel-Iran Conflict End? Here’s What AI Models Predict

by admin June 14, 2025



In brief

  • Six out of seven top AI models predict a prolonged shadow war between Israel and Iran, marked by airstrikes, cyberattacks, and proxy battles—but stopping short of full-scale war.
  • Mutual deterrence, U.S. restraint, and survival instincts are seen as key forces preventing escalation, though all models warn of risks from miscalculation, nuclear pressure, and proxy overreach.
  • Only ChatGPT forecasts a near-term diplomatic resolution, envisioning quiet negotiations and a revived nuclear deal—making it the lone optimist in a chorus of strategic pessimism.

With direct military confrontation now underway between Israel and Iran, we asked seven AI models to analyze potential outcomes using their web search functionalities, activating their deep reasoning capabilities and acting as experts in geopolitics, global warfare, and Middle East conflicts.

The consensus

Six of seven models predicted continued, intermittent warfare rather than diplomatic breakthrough or World War III. Only ChatGPT went full John Lennon mode and forecasted rapid negotiated resolution. The models agreed on key constraining factors: catastrophic consequences of full war, U.S. reluctance for direct involvement, and rational survival calculations by both sides.

Common warnings included miscalculation risks, nuclear timeline urgency, and potential for proxy groups to trigger unwanted escalation. Timeline predictions ranged from three to 24 months of sustained, low-intensity conflict.

As Manus, one of the first “agentic” AI systems summarized: “Elevated but manageable tensions: Rhetoric will often be belligerent, but actions will remain below the threshold of a large-scale open war.” The AI consensus suggests the shadow war will continue in daylight—more violent than before, but still governed by mutual deterrence and survival instincts.

Here’s what each model predicted, in more detail:

Google Gemini

  • Most likely outcome: Protracted, controlled escalation.
  • Timeframe: 12–24 months
  • Key insight: Conflict will remain volatile and recalibrated with each strike; Israel will continue “mowing the grass” strategy of repeated tactical strikes.
  • Warning: Red lines will erode over time, increasing risk of unintentional escalation.

Gemini produced the most comprehensive assessment, organizing its analysis into detailed scenarios with extensive historical context. The model identified three primary trajectories with careful probability assessments.

For its highest-probability scenario—”protracted, controlled escalation”—Gemini said: “The ‘control’ in this scenario is relative and subject to constant recalibration by both sides, making the situation volatile and unpredictable. Each escalatory cycle within this scenario will further test red lines and potentially erode existing restraints.”

The model referenced Israel’s “mowing the grass” doctrine, describing periodic military operations designed to degrade threats with small, but continuous attacks. Gemini projected this pattern would continue for 12-24 months, warning that “the cumulative effect of repeated strikes and retaliations can also lead to an erosion of previously respected red lines.”

“While the ‘protracted, controlled escalation’ scenario is deemed most likely, it is crucial to recognize that this is not a stable or benign state of affairs. It implies a persistent state of high tension, characterized by periodic military strikes, covert operations, cyber warfare, and proxy engagements,” it warned.



Anthropic Claude

  • Most likely outcome: Sustained military campaign.
  • Probability: 50–60%
  • Key insight: Iran’s need to retaliate + Israel’s opportunity for decisive action = extended combat.
  • Warning: Iran’s short breakout time (~25 days) could force strategic miscalculation or preemptive strikes.

Claude approached the crisis more like a military analyst than a diplomat, assigning specific probabilities and identifying concrete indicators for each scenario. The model gave “sustained military campaign” a 50-60% probability rating.

“Iran cannot accept nuclear program degradation without response, while Israel views current window as optimal for decisive action,” Claude stated. The model highlighted a critical factor: “Iran’s technical capability to rapidly weaponize creates potential for sudden strategic shift that could either deter further Israeli action or provoke preemptive escalation.”

Claude’s analysis included specific warning signs to monitor, from Strait of Hormuz closure attempts to uranium enrichment acceleration. The model noted Iran’s “25-day breakout capability” as providing both “escalatory leverage and urgency for decisive action.”

OpenAI ChatGPT

  • Most likely outcome: Diplomatic resolution.
  • Probability: High
  • Key insight: Iran’s restrained retaliation and appeal to the UN indicate preference for diplomacy.
  • Prediction: Quiet negotiations via Oman or Qatar; possible updated nuclear deal within weeks.

ChatGPT provided the most optimistic assessment, rating diplomatic resolution as “high probability” despite acknowledging severe military risks. The model outlined how escalation could unfold but consistently returned to negotiation possibilities.

“Tehran’s initial retaliation was symbolically fierce but ultimately limited in effect, suggesting a reluctance to escalate to a point of no return. The fact that Iran resorted to the UN and is engaging diplomatically (even if only to condemn Israel) shows it has not slammed the door on political paths,” ChatGPT observed. The model envisioned “quiet negotiations possibly mediated by Oman or Qatar, where Iran agrees to stringent limitations on its nuclear program.”

ChatGPT quoted President Trump’s statement that it’s “not too late” for a deal, interpreting this as evidence that “Washington is poised to broker such a settlement rather than pursue regime destruction.” The model predicted resolution within weeks through “a compromise–perhaps an updated nuclear accord.”

xAI Grok

  • Most likely outcome: Limited conflict with periodic flare-ups.
  • Timeframe: 3–6 months
  • Key insight: Historical precedent favors avoidance of full-scale war; rational deterrence dominates.
  • Warning: Wildcards include high-casualty strikes or new actors (e.g., Gulf states or Russia) entering the fray.

Grok’s research mode seems to have degraded in performance over the last weeks. We activated “Deeper Search,” which is supposed to use more resources for a more extensive report. However, the model delivered a super concise analysis focused on historical patterns and practical indicators. The model rated “limited conflict” as high probability based on precedent.

“Israel and Iran have engaged in proxy conflicts and limited direct strikes for decades, avoiding full-scale war due to mutual deterrence and international pressures,” Grok noted. The model projected 3-6 months of “periodic flare-ups of airstrikes, missile attacks, or proxy engagements.”

Grok identified specific wildcards including “a successful Iranian missile strike causing significant Israeli casualties could prompt a disproportionate response,” and potential “Gulf state or Russia escalating support.” The model emphasized that “both Israel and Iran act rationally, prioritizing survival over ideological goals.”

Manus

  • Most likely outcome: Controlled escalation and shadow war.
  • Probability: Medium–High
  • Timeframe: 12–24 months
  • Key insight: Pattern of targeted Israeli strikes and Iranian proxy response will continue.
  • Emphasis: Indirect communication channels help avoid catastrophic misunderstandings.

Manus, one of the first agentic models, was a surprise. It not only executed a full research report, but was able to generate a website for easier understanding, and let us watch in real time amid the research process.

As an expert, Manus tried to be more nuanced in its assessment of Middle Eastern conflict dynamics, rating “controlled escalation and intensified shadow war” as medium-high probability over 12-24 months.

“This scenario reflects the historical pattern of confrontation between Israel and Iran, where both actors seek to inflict damage and deter each other without triggering an all-out war that neither can afford,” Manus explained. The model predicted Israel would “continue to carry out covert operations and selective airstrikes,” while Iran would respond “with a combination of missiles and drones, and through its proxies.”

Manus emphasized communication channels: “Although there is no direct dialogue, it is assumed that indirect channels exist (through third countries or intelligence) that allow both sides to communicate ‘red lines’ and avoid catastrophic misunderstandings.”

DeepSeek

  • Most likely outcome: A prolonged, covert conflict between Israel and Iran.
  • Probability: 60%
  • Timeframe: Short-term (0–3 months) to mid-term (4–12 months)
  • Key insight: Iran is strategically constrained and unlikely to engage in direct war.
  • Emphasis or warning: Cyberwarfare and proxy actions will intensify without direct U.S. military involvement.

China’s DeepSeek does not have a research mode, but we combined its web search with reasoning capabilities. The result was a data-heavy analysis, assigning “protracted covert conflict” a 60% probability.

The timeline included granular predictions: “Short-Term (0-3 months): Iranian terror attacks in Europe; Israeli strikes on missile factories. Mid-Term (4-12 months): Cyberwar escalates; IAEA confirms Iranian uranium enrichment halt.”

DeepSeek noted constraints, including that “Iran lacks conventional capacity for direct war (air force outdated; proxies weakened)” and “U.S. avoids ground involvement; focuses on force protection.”

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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June 14, 2025 0 comments
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Dow drops 115 points as S&P 500’s six-day rally ends
GameFi Guides

Dow Jones lower by 1.79%,markets rattled as Israel-Iran conflict escalates

by admin June 13, 2025



U.S. stocks fell sharply Friday as escalating military conflict between Israel and Iran sent oil prices soaring and investors retreating from risk assets. 

The Dow Jones Industrial Average closed down 1.79%, while the S&P 500 closed down 1.13% and the Nasdaq lost 1.30%. 

Israel launched strikes on Iran’s nuclear and missile facilities late Thursday evening, prompting retaliatory missile launches from Iran during the final hours of Friday’s U.S. trading session.

Oil and defense stocks climbed. Brent crude jumped more than 7%, briefly surging 14% during Asia trading hours, while WTI crude approached $74 a barrel. 

ExxonMobil rose around 2%, and defense firms Lockheed Martin and RTX gained about 3% each. Gold rose 1.4% to $3,432 an ounce, nearing its April record.

The sell-off ended what was shaping up to be a positive week for equities. 

Global markets followed suit. European and Asian equities posted losses of more than 1%. U.S. Treasury yields rose, with the 10-year note climbing 7.9 basis points to 4.436%, reversing earlier declines on safe-haven demand. The dollar also rebounded, gaining 0.5%.

President Trump urged Iran to return to nuclear talks and warned of further consequences, citing a missed 60-day deadline. Meanwhile, Iran canceled planned negotiations with the U.S.

Economically, the University of Michigan’s consumer sentiment index rose sharply to 60.5 in June, topping forecasts and suggesting resilient consumer outlooks despite geopolitical uncertainty.

Investors now face renewed inflation risks from rising oil prices and uncertainty around future Federal Reserve actions.



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June 13, 2025 0 comments
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Decrypt logo
Crypto Trends

Why Did Bitcoin Dip as Gold Surged Amid Israel-Iran Tensions?

by admin June 13, 2025



In brief

  • Bitcoin dropped while gold jumped to two-month highs as tensions between Israel and Iran marred global stability.
  • Over $1 billion in crypto positions were liquidated within 24 hours of Israel’s airstrike.
  • Divergence strengthens Bitcoin’s correlation with risk assets in times of crisis, analysts say.

Late Thursday evening, Israeli fighter jets struck Iranian nuclear facilities, opening a wave of instability across global markets, with two camps split on what to do: those running for shelter and those fleeing risk.

Gold, long considered a safe haven, beckoned investors seeking safety from the escalating Middle East conflict. Bitcoin, often touted as digital gold, instead joined the exodus of risk assets.

“The traditional buyers of gold are not in the crypto market yet,” Stephen Wundke, director of strategy and revenue at quantitative digital asset investment firm Algoz, told Decrypt. He added that gold buyers are “risk-off investors who will return to the safe haven that is gold, as they see it, whenever there is potential conflict.”

Though gold is up over 2% on the day, Wundke thinks this is “hardly a rush to cover,” adding that Bitcoin, for one, had been falling “well before there was any news of the strike on Iran.”

Data from CoinGecko show that the price of Bitcoin plunged 3.6% to $103,900 Friday morning as initial reports that Israel launched airstrikes on Iranian nuclear facilities came in.

At the same time, gold leapt to $3,427.90 per ounce, showing how the two assets diverge during a geopolitical crisis. It is up 7% in the past month and more than 46% year-to-date, data from Trading Economics indicate.

“Bitcoin is sometimes seen as a safe haven, but in reality, it often moves in line with tech stocks rather than gold,” Jay Jo, senior research analyst at Tiger Research, told Decrypt. “Because of this coupling, Bitcoin and gold can show opposite price trends during geopolitical crises.”

Risk reality check

While the smoke hasn’t settled, altcoins including Ethereum, XRP, and Solana tapped over $1 billion in liquidations, most of which are in long positions. Meanwhile, traditional safe havens, including gold, the U.S. dollar, and government bonds, attracted flight-to-safety flows as investors dumped risk assets.

“Fundamentals are more at play with BTC than problems in the Middle East, at the moment,” Wundke noted, adding that June is “traditionally a quiet month for BTC” and that the market appears to be “in a consolidation phase.”

Still, Wundke argued that if “any significant escalation in the Middle East” occurs, it might affect Bitcoin and send it breaking below $100,000.

Sentiment has slipped over the past day; although the Crypto Fear and Greed Index currently sits at 61, indicating greed, it’s down 10 points on the day—and over 81% of predictors on Myriad expect it to hold below 64 through the end of the week.

(Disclaimer: decentralized on-chain prediction market Myriad was launched by Decrypt’s parent company, DASTAN)

Bitcoin’s younger, more leverage-prone investor base might have contributed to the selloff intensity, with some noting that a shift is underway.

“The bull case becomes [that] over time, young people care about it more than old people,” Galaxy Digital CEO Mike Novogratz claimed in a CNBC interview Friday. Gold “slowly gets replaced by Bitcoin” as the alpha crypto has increasingly become an institutionalized “macro asset,” he added.

Citing weighted demand from financial institutions such as BlackRock, Novogratz said that interest in Bitcoin as a macro-asset could be likened to “a ball rolling downhill.”

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NFT Gaming

Altcoins Plunge, Crypto Liquidations Hit $1B Amid Israel-Iran Tensions

by admin June 13, 2025



In brief

  • The crypto market tanked Friday, following Israel’s airstrike on Iran.
  • Major altcoins took large hits, as crypto liquidations surpassed $1 billion.
  • Predictors on Myriad now place the odds of a nuclear deal between Iran and the U.S. at under 5%.

Crypto prices have plunged in the wake of Israel’s airstrikes on Iran, with major altcoins taking significant hits and liquidations passing $1 billion, as markets braced themselves for Iran’s response.

Ethereum has tanked 7.8% over the past 24 hours to $2,533, according to CoinGecko, while XRP dropped 3.9% to $2.13 and Solana 8.4% to $145. The best-performing assets in the top 15 cryptocurrencies by market capitalization are both stablecoins holding their peg to the U.S. dollar—never a good sign.

As a result, according to CoinGlass, $1.16 billion worth of liquidations have swept the crypto market. Leading the way is Bitcoin with $449.95 million of liquidations, followed by Ethereum at $301.92 million, and Solana at $53.46 million. The vast majority of these liquidations were long positions.



Predictors on Myriad shifted their stance on more long Bitcoin positions being liquidated on Saturday, June 14 to over 55.8%—a notable move from the near 50% odds that predictors gave the market on Thursday afternoon.

(Disclosure: Myriad Markets was created by DASTAN, the parent company of Decrypt and Rug Radio.)

Israel’s airstrike on Iran

Israel launched a large-scale airstrike against Iran in the early hours of Friday, with government officials claiming the country was targeting nuclear facilities, ballistic missile factories, and military commanders. Iranian state media outlets have reported several casualties, including civilians and senior officials. 

“The Zionist regime will regret its action today,” Iranian President Masoud Pezeshkian tweeted, announcing a “special meeting” set to take place on how to respond. Meanwhile, Israel declared a state of emergency in anticipation of possible missile and drone attacks in response from Iran.

The crisis could also impact on the chances of a nuclear deal being struck between Iran and the United States, with predictors on Myriad now giving odds of just 4.7% for a positive outcome in the talks.

U.S. Secretary of State Marco Rubio quickly confirmed after the Israeli strikes that the U.S. was “not involved,” urging Iran not to attack U.S. personnel.

The price of Bitcoin has also declined, though not as sharply as altcoins, falling 2.2% on the day to $104,976.

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BTC's 7-day options skew. (Deribit/Amberdata)
Crypto Trends

‘Skew’ Slides as Oil Prices Surge 6% on Israel-Iran Tensions

by admin June 13, 2025



Bitcoin’s

short-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices

The seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the lowest since April 16, according to data source Amberdata. In other words, put options offering downside protection became the most expensive relative to calls in three months. The demand for put also pushed the 30-day and 60-day skews into the negative territory.

Traders typically buy put options when seeking to hedge their long positions in the spot or futures market, or to profit from an expected price decline.

Bitcoin’s price fell to its 50-day simple moving average (SMA) at $103,150, extending 24-hour losses to 4.59%, according to CoinDesk data. Prices briefly topped the $110,000 mark early this week. The bulls might be hoping for the 50-day SMA to hold, as a potential decline below it could entice more sellers, as observed after the support broke down in February.

BTC’s 7-day options skew. (Deribit/Amberdata)

The per-barrel price of WTI crude surged over 6% to $74.30 per barrel, reaching the highest since Feb 3, and extending the weekly gain to 13%, according to data source TradingView. The move happened after Israel conducted airstrikes on Iran, supposedly drawing retaliatory missile action from Tehran.

Inflationary impulse

Sudden oil price spikes tend to generate an inflationary impulse worldwide and the latest one could do so while President Donald Trump’s trade war threatens to upend the economy and inject inflation, particularly in net-importer countries.

All of this could dent expectations for Fed rate cuts, adding to downside volatility in stocks and cryptocurrencies. As of writing, futures tied to the S&P 500 traded 1.5% lower on the day.



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