$150 Oil on the Table: Goldman Analysts Warn as Iran Threatens Strait Shutdown

Bitcoin took a hit this week, dropping over 8% and slipping below the $100K mark, but crypto heavyweight Arthur Hayes isn’t sweating it. He’s calling this a temporary slump, blaming the dip on escalating tensions between Israel and Iran. In classic crypto optimism, he’s betting the "weakness shall pass" sooner rather than later.

Editor’s Note: When global conflicts flare up, risky assets like Bitcoin often take a short-term beating as investors scramble for safer bets. But Hayes’ take is a reminder that crypto veterans see these dips as buying opportunities, not doom scenarios. For everyday traders, it’s a nudge to look beyond headlines—volatility is part of the game, and big names still believe in the long-term climb.

The odds of an XRP exchange-traded fund (ETF) getting approved just skyrocketed to 95%, according to Bloomberg analysts. Why the sudden confidence? The SEC, which has historically been tough on crypto, is now dropping hints that it might actually greenlight this one. That’s a huge deal for XRP investors and the broader crypto market, which has been waiting for clearer regulatory signals.

Editor’s Note: If the SEC gives the thumbs-up to an XRP ETF, it could be a game-changer—not just for XRP holders but for the whole crypto space. It’d signal that regulators are warming up to more crypto investment products, potentially opening the floodgates for institutional money. After years of legal battles and uncertainty, this feels like a turning point. Keep an eye on this—it could set the tone for what’s next in crypto.

Bitcoin took a nosedive below $100,000 for the first time in weeks after U.S. airstrikes in Iran spooked investors, dragging the entire crypto market down with it. Bitcoin dropped around 4%, while Ethereum got hit even harder, losing nearly 10% of its value. The whole crypto sector felt the pain, shedding about 7% in a single day—proof that even digital assets aren’t immune to geopolitical chaos.

Editor’s Note: When global tensions flare, markets—even crypto ones—tend to panic. This drop shows how tightly Bitcoin and other cryptocurrencies are still tied to real-world events, despite their "decentralized" reputation. If you’re holding crypto, buckle up: volatility isn’t going anywhere.

Ethereum's price took a hit, dropping over 10% and slipping below the $2,500 mark. It's now hovering under $2,350, struggling to regain momentum, with a key resistance level at $2,280 acting as a barrier. Traders are eyeing whether ETH can claw its way back above $2,320 to signal a potential rebound—but for now, the mood is wary.

Editor’s Note: Crypto markets are notoriously volatile, and Ethereum's latest dip reflects broader jitters among investors. Whether you're holding ETH or just watching the space, this slump could signal short-term turbulence—or a buying opportunity if a recovery takes shape. Either way, it’s a reminder that in crypto, the only constant is change.

Hacken, a cybersecurity firm, saw its token price crash by 99% after a hacker exploited its system to mint and dump $250,000 worth of tokens. The CEO, Dyma Budorin, admitted the biggest hit was to the company's reputation, though he stressed the breach didn’t affect its core business.

Editor’s Note: This isn’t just about the money—it’s a brutal irony that a cybersecurity company got hacked, shaking trust in its brand. For crypto investors, it’s another reminder of how vulnerable smaller tokens can be to exploits, even when the underlying business seems solid. Reputation damage in crypto can linger, so Hacken’s recovery won’t just depend on fixing the tech but also rebuilding confidence.