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Bitcoin Falls on Middle East War Clouds
Bitcoin(BTC) plunged during the day on Jun. 13 due to incarcerated war clouds in the Middle East. On Jun. 13, Israeli air forces attacked several locations in Tehran, killing Hossein Salami, commander of the Iranian Revolutionary Guard Corps, and Hossein Bagheri, chief of staff of the Iranian military. In fact, a war between Israel and Iran is imminent. An Israeli military source told CNN that Israel plans to launch several attacks against Iran. Oil prices rose and asset markets plunged as geopolitical fears in the Middle East s
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Major News Headlines for Today
1. Trump "Trying to Pass 'GENIUS bill'" U.S. President Donald Trump said in an official video released on Jun. 12 ahead of his attendance at the Coinbase Crypto Summit in New York City that he will implement a number of cryptocurrency-related policies, including the passage of the 'GENIUS bill' to Congress. President Trump said that the cryptocurrency-related policies he realized after taking office in January have not yet been completed and that he is currently working with the U.S. Congress on passing the GENIUS
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Bitcoin Falls on Heightened Tensions in the Middle East
Bitcoin(BTC) fell on Jun. 12 due to rising tensions in the Middle East. Iran has warned that it could attack all U.S. military bases in the Middle East if the sixth nuclear deal with the U.S. breaks down. In response, the U.S. government ordered the U.S. Embassy in Iraq to withdraw some of its personnel. Tensions in the Middle East covered up a number of favorable factors that could lead to a rise in the asset market and caused the market to fall. Bitcoin, which briefly exceeded $110,000 on the afternoon of Jun. 11, fell to $108,000. Altcoi
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Major News Headlines for Today
1. Bitcoin Falls Even Below U.S. CPI Expectations Bitcoin (BTC) fell on Jun. 12, even though the U.S. Consumer Price Index(CPI) for May released on Jun. 11 fell below market expectations. The U.S. CPI and core CPI for May announced by the U.S. Department of Labor recorded 2.5% and 2.8%, respectively, falling short of market expectations that the 'tariff shock' would cause a major impact. However, the market fell about 0.8 percent as the U.S. Federal Reserve made a forecast that it would still freeze interes
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Bitcoin Rides On Tension Ahead Of U.S. CPI Announcement
Bitcoin(BTC) went sideways on Jun. 11 due to the sense of vigilance formed ahead of the release of the U.S. Consumer Price Index(CPI) in May. The direction of the market is expected to be determined by the announcement of the CPI results in May in the U.S. Dominic John Kronos, an analyst at Research, said in a double-rock that "market sentiment is currently in equilibrium," adding, "Many analysts believe that the U.S. CPI and producer price index(PPI) for May will determine the direction of the short-term market." Amid B
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Major News Headlines for Today
1. Societe Generale Launches Ethereum-Based Stablecoin Societe Generale, a leading French bank, has launched a dollar-linked stablecoin through a partnership with Mellon Bank of New York. Societe Generale announced in an official statement on Jun. 10 that it will issue the stablecoin 'USD Coinverible(USDCV)' on the Ethereum and Solana blockchains to integrate USD Coinverible into the existing financial ecosystem. 2. U.S. House Agriculture Committee Passes CLARITY Bill The U.S. House of Represent
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Bitcoin Rises to Near The Highest Price by U.S.-China Negotiation
Bitcoin(BTC) surpassed 110,000 U.S. dollars on Jun. 10 on the news of the resumption of trade negotiations between the U.S. and China, and is set to hit the highest price ever again. Bitcoin's highest price is 118,872 dollars, which was recorded on the 22nd of last month. The U.S. and China dispatched high-level officials to start trade negotiations in London on the 10th. Regarding the two countries' negotiations, White House National Economic Council Chairman Kevin Hassett said, "China is discussing ways to resume exports of rare earths to t
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Major News Headlines for Today
1. SBI Holdings Invests $50M In Circle SBI Holdings, Japan's largest financial group, announced in an official statement on Jun. 9 that it has invested $50 million in the initial public offering(IPO) of Circle with its subsidiary SBI Shinsei Bank. SBI Holdings launched 'Circle SBI Japan KK' joint venture with Circle in March. 2. Kakao Jumps 30% on News of Won-Linked Stablecoin Launch Kakao, a stock related to won-linked stablecoins, surged about 30% during the day on Jun. 9 in anticipation of the introduc
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Bitcoin Falls on Trump-Musk Conflict
Bitcoin(BTC) fell on Jun. 9 due to the conflict between U.S. President Donald Trump and Elon Musk Tesla CEO. The cryptocurrency market, including Bitcoin, fell as the relationship between the two people, who emerged as a "bitcoin rubber" and cooperative relationship, became catastrophic. On the 7th, Musk posted an X post that attacked President Trump, including the alleged involvement of an app star. President Trump expressed his anger several times over Musk's attack through his X account and media interviews, and announced that the relati
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Major News Headlines for Today
1. 'Circle Rival' Tether CEO "No intention of IPO" With stablecoin issuer Circle listed on the New York Stock Exchange(NYSE) through an initial public offering(IPO), Tether CEO Paolo Ardoino dismissed the possibility of Tether's IPO on Jun. 8. USDC's issuer Circle was listed on the NYSE on Jun. 5 and succeeded in a stock price increase of about 167% on the listing date. Ardoino CEO said, "Tether does not need to go public," adding, "Tether's market capitalization was slightly overestimated consi
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Bitcoin Drops Mid-Day On Signs Of Intensifying Russia-Ukraine War
The cryptocurrency market, including Bitcoin (BTC), fell on the 5th as the war between Russia and Ukraine showed signs of intensifying again. U.S. President Donald Trump said on his SNS "Truth Social" on the 5th that Russian President Vladimir Putin has claimed a retaliatory attack on Ukraine. President Trump said, "President Putin has said very strongly that he will have to respond to Ukraine's recent attacks on Russian air bases." This means that President Putin has expressed his willingness to retaliate against Ukraine's recent
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Major News Headlines for Today
1. JP Morgan to Allow Crypto Mortgage Loans JP Morgan is planning to add cryptocurrency to its mortgage assets. Bloomberg reported on Jun. 4 that JP Morgan is considering BlackRock's Bitcoin(BTC) spot exchange-traded fund 'IBIT' as a collateral asset and will gradually add other cryptocurrency-linked assets to its collateralized assets. 2. Cryptocurrency Falls On Surprise Announcement Of Trump Steel's 50% Tariff Application The cryptocurrency market fell when U.S. President Donald Trump announced on Jun. 4 that
