Mideast on the Brink: Analyst Says Geopolitical Escalation Could Propel Bitcoin to New Highs

Tensions in the Middle East escalated after a top Iranian military commander threatened to directly attack U.S. interests. However, an analyst at Bitunix said the ongoing conflict could increase demand for cryptocurrencies as safe-haven assets due to their portability. Middle East on the Brink Middle East tensions appeared to escalate June 23 after the commander … Read more

‘Valuable Everywhere’: Tim Draper Hails Bitcoin as Crisis-Proof Asset

Amidst the Mideast conflict, the venture capitalist and entrepreneur from Silicon Valley, Tim Draper, articulated that in these precarious times, one asset remains “valuable everywhere, bitcoin.” Draper Says Bitcoin’s the Real Refuge in a World on Fire An influential figure in the venture capital sphere, Tim Draper, who established Draper Associates and Draper University, holds … Read more

Volatility Returns: $1 Billion in Liquidations as Bitcoin Tests $100,000 Floor

Bitcoin briefly fell below $100,000 amid rising geopolitical tensions but quickly rebounded. Despite over $1 billion in liquidations, markets appear to be stabilizing ahead of key U.S. economic events. Geopolitics Jolt Markets as Bitcoin Dips Below $100,000 but Rebounds Swiftly Bitcoin dropped to $98,200 on Sunday, June 22, its lowest level since crossing $100,000 on … Read more