- Dow drops 800 & enters correction - Nasdaq falls 460 after correction - S&P: 5th straight losing week - Oil closes: highest level since 2022 - Hormuz still closed - 1 month since Iran War began - Houthi's joined the War #OilPricesDrop #TrumpSeeksQuickEndToIranWar
🚨BREAKING: The Federal Reserve confirms it has no plans to issue a central bank digital currency, instead backing stablecoins and tokenized bank deposits as digital dollar alternatives. #Stablecoins
PETER SCHIFF QUESTIONS BTC ADOPTION AMID WEAK PRICE ACTION
Peter Schiff notes $BTC first hit $69K in November 2021.
Now, $BTC is back below that level, calling it the longest stretch in its history under a prior all-time high despite “record hype and so-called adoption.” #crypto
🚨JUST IN: ICE TO INVEST UP TO $2 BILLION IN POLYMARKET
Intercontinental Exchange (ICE), owner of the New York Stock Exchange, announced a strategic investment of up to $2B in prediction market platform Polymarket #ICE
BREAKING: Bitcoin dropped below $87,000 and Ethereum below $2,000 after Iran destroys another oil tanker attempting to pass through the Strait of Hormuz.
$BTC is down 3.91%, wiping out $54 billion from its market cap in the last 3 hours.
$ETH is down 4.29%, wiping out $11 billion from its market cap in the last 3 hours.
David Sacks steps down as the White House’s crypto lead after hitting the 130-day limit for special government employees, leaving key efforts like market structure and stablecoin legislation unresolved. #CryptoNewss