Recent News on Cryptocurrency, Blockchain, and Finance | Yellow

Bitcoin recovered from a sharp drop to reclaim the $66K–$67K range after U.S. airstrikes on Iran triggered nearly $250 million in liquidations, highlighting growing market resilience.

A US judge ruled Binance must face trial over losses on seven tokens including EOS and TRX, rejecting its arbitration defense on procedural grounds.

XRP fell to $1.27 Saturday as US-Israeli strikes on Iran triggered a broad crypto selloff. Recovery is tentative with key resistance near $1.33.

Ex-Mt. Gox CEO proposed a Bitcoin hard fork to recover $5B in 2011-frozen funds. It lasted 17 hours - rejected by developers and creditors alike.

CryptoQuant data shows Bitcoin CME open interest down 47% from its peak - matching 2022 levels. The basis curve is still positive, suggesting no bottom yet.

US strikes on Iran erased $70B from crypto in one hour. ETH fell 9%, SOL dropped 10%, liquidations hit $445M - while tokenized gold gained over 3%.

SoFi is the first US nationally chartered bank to support direct Solana deposits, letting 13.7M users transfer SOL without a third-party exchange.

US-Israeli strikes on Iran's nuclear sites sent Bitcoin down 6% to $63K on Saturday, with $515M liquidated as crypto priced the conflict alone.

Tether has frozen $4.2B in USDT over crime links, $3.5B since 2023. The latest action aided a DOJ pig-butchering seizure. Critics flag centralization risks.

Trump Media plans to spin off Truth Social after its $6B TAE merger. No deal is final. The fate of its 11,542 Bitcoin and ETF filings remains unclear.