Gate Cryptocurrency News and Market Analysis

_Bitcoin nears $63,000 after U.S. and Israel launch strikes on Iran, as Trump announces major U.S. combat operations._ Bitcoin slid toward $63,000 after Israel launched strikes on Iran and President Trump announced major U.S. combat operations.  Within minutes, crypto markets reacted sharply, w

After the United States and Israel conducted airstrikes on Iran, Bitcoin dropped about 3% within a few hours, approaching $63,000, the lowest since February. This event marks an escalation in tensions between the US and Iran, and Bitcoin, as a liquidity asset traded around the clock, has become an immediate reflection of geopolitical concerns. If the conflict intensifies, it could impact global energy prices and supply chains, further affecting the performance of risk assets.

Recently, major asset management firms have started investing in DeFi Tokens, including BlackRock and Apollo Global Management, indicating a renewed interest in altcoins. Institutional participation could create positive feedback for the industry and boost retail investor confidence. However, the bear market is not over yet, and it is expected that altcoins will need to wait a longer time before seeing gains. The author plans to increase holdings of altcoins starting next quarter and will focus on projects with low price-to-earnings ratios and genuine product value.

_Key Takeaways_ _ETHFI has formed a Bearish Bat harmonic pattern on the daily chart, suggesting potential upside toward the $0.609–$0.638 PRZ

Following reports of attacks by the US military and Israel on Iran, the cryptocurrency market plummeted. Bitcoin dropped below $64,000, and Ethereum fell over 5%. Investor sentiment sharply cooled, risk assets were sold off, and funds shifted to gold and the US dollar. The market is watching Iran's response, as a blockade of the Strait of Hormuz could lead to further economic turmoil.

_Key Takeaways_ _WLFI token up 16%+ to ~$0.116, with volume surging 123% to over $245M in 24 hours — strong buying and technical bounce

Price speculation around Pi Network continues to grow as traders position early for a potential surge. Community discussions reflect rising confidence, and recent posts highlight broader market expectations. Many participants believe an upcoming catalyst could trigger stronger momentum, which

Minnesota lawmakers are considering HF3642, a bill that would implement a statewide ban on Bitcoin ATMs to combat a surge in elder fraud and financial exploitation. The Human Toll of Kiosk Scams A Minnesota House committee is considering a drastic measure to curb a rising wave of financial exploi

Mark Karpelès, the former CEO of the crypto exchange that filed for bankruptcy, Mt. Gox, has just announced a proposal to execute a hard fork of Bitcoin to recover approximately 79,956 BTC — worth over $5.2 billion at current prices — from a "sleeping" address linked to the exchange's 2011 hack. The proposal is to...

_Key Takeaways_ _CC has broken out of a well-defined Cup and Handle pattern on the daily chart._ _The $0.1560–$0.1680 zone, now retested

_Crypto venture firm Paradigm plans a $1.5 billion fund to invest in AI, robotics, and frontier technologies._ A major crypto venture capital firm is widening its technology focus. According to reports, Paradigm plans to expand beyond cryptocurrency investments. The company wants to invest in ar

_Tether freezes $4.2B USDT linked to crypto crime as regulators intensify crypto enforcement. Stablecoin supply grows beyond $180B globally._ The world’s largest stablecoin issuer has frozen billions of digital tokens tied to suspected crypto crime. The move is reflective of the increased

OpenAI has secured a deal to run its AI models on the Pentagon’s classified network, a move announced by OpenAI CEO Sam Altman in a late Friday post on X. The arrangement signals a formal step toward embedding next-generation AI within sensitive military infrastructure, framed by assurances of

Israel's Defense Minister confirms precise strikes on Iranian ballistic missile bases, sparking market concerns over the escalation of Middle East conflicts, leading to a short-term drop of over 4% in Bitcoin prices and a 5.5% decline in the overall crypto market. Traditional safe-haven assets rose, and analysts suggest that if the conflict remains controlled, the crypto market could rebound.