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Ethereum’s price has dropped sharply amid rising geopolitical tensions between Israel and Iran. Market indicators suggest continued bearish sentiment, with traders betting on further losses.
Bitcoin is under pressure following geopolitical instability in the Middle East, with technical indicators suggesting the possibility of further price declines. If selling momentum continues, BTC could dip toward lower support levels.
Bitcoin ETFs continue to see inflows, but a slowdown in momentum and declining BTC prices raise questions about future market sentiment
Pi Network’s price crash to $0.40 signals a significant downturn, but a recovery is possible if investors capitalize on the low price. Watch for key support levels at $0.51 and $0.45.
SharpLink Gaming’s shares nosedived by 70%, driven by widespread confusion over regulatory filings tied to its $425 million Ethereum treasury strategy. The sharp drop, rather than the treasury move itself, dominated financial discussions and left investors scrambling to understand the fallout. As speculation spread about the causes behind the plunge, SharpLink chairman Joseph Lubin offered … <a href="https://beincrypto.com/sharplink-gaming-shares-plunge-70-chairman-joseph-lubin-offers-clarification/
- 19:04Brazil imposes a unified 17.5% tax rate on cryptocurrency profits, ending the tax exemption policy for small investorsAccording to CoinDesk, Brazil has abolished its long-standing tax exemption policy on cryptocurrency gains. Under the new provisional measure (Decree No. 1303), individual profits from cryptocurrencies will be uniformly taxed at a rate of 17.5%. Previously, individuals could sell up to 35,000 reais (approximately $6,300) worth of cryptocurrencies per month without being taxed. Before this change, gains exceeding that threshold were subject to a progressive tax rate, with the highest rate reaching 22.5% for transaction amounts over $5.4 million.
- 19:04BTC Surpasses $104,500Market data shows that BTC has surpassed $104,500 and is currently quoted at $104,507.25, with a 24-hour decline of 0.94%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 19:04Circle CEO: Stablecoins May Be the Most Practical Form of Currency, but the Industry’s “iPhone Moment” Has Yet to ArriveJeremy Allaire, co-founder and CEO of USDC stablecoin issuer Circle, stated on the X platform that stablecoins may be the most practical form of currency ever, but the “iPhone moment” for the stablecoin industry has not yet arrived. However, once the stablecoin market enters the so-called “iPhone era,” developers will be able to unlock programmable digital dollars just as they unlocked programmable mobile devices. At that point, programmable digital dollars will unleash their power and create opportunities on the internet, and this era may be approaching soon.