Bitcoin has surged back above the critical $100,000 threshold following a sharp dip triggered by escalating geopolitical tensions in the Middle East. The recent volatility reflects broader market reactions to
Crypto exchange OKX is weighing a potential initial public offering in the US, just two months after settling with US authorities and relaunching its operations in the country, according to a report from The Information . The move would mark a sharp turnaround for the Seychelles-registered exchange, which exited the US market after a series of regulatory violations. In February, OKX agreed to pay over $504m in penalties to settle charges brought by the Department of Justice. OKX, one of the top three global crypto exchanges, will consider an IPO in the U.S., after relaunching in the U.S. in April. From IPOs to crypto treasury stocks, crypto is booming right now, but the rally is playing out in the stock market, at valuations that even surprised… — Yueqi Yang (@Yueqi_Yang) June 22, 2025 OKX Makes a Big Return to US Markets Prosecutors said the company operated an unlicensed money-transmitting business and failed to implement basic anti-money laundering controls. Between 2017 and its exit, OKX allegedly processed more than $1 trillion in trades for US users despite policies suggesting otherwise. Just two months later, OKX announced its return to the US market. The company set up a regional headquarters in San Jose, California, and tapped Roshan Robert, a former executive at Morgan Stanley and Barclays, as its US CEO. At the time, Robert said the firm’s re-entry reflected “a commitment to responsible growth” and added that OKX was working closely with regulators to stay compliant. The exchange has been working to rebuild its reputation, particularly in the eyes of US regulators. Its leadership has framed the relaunch not as a relabeling effort, but as a strategic reset focused on transparency and adherence to evolving US crypto laws. IPO Plans Signal Ambition, but Regulatory Hurdles Still Loom A listing on a US stock exchange would mark a big shift for OKX, potentially opening the door to greater institutional trust and a broader investor base. The company has not yet filed paperwork with the SEC, and the timeline remains unclear. OKX is not alone in exploring a public offering. Bullish , backed by investor Peter Thiel, and Gemini , founded by the Winklevoss twins, have both confidentially filed for IPOs in recent months. Meanwhile, stablecoin issuer Circle recently closed an oversubscribed listing valuing it at nearly $8.1b on a fully diluted basis. However, regulatory scrutiny continues to shadow OKX. In May, Thailand’s Securities and Exchange Commission said it planned to shut down certain exchanges, including OKX, for operating without a license. If OKX proceeds with a US IPO, it will gauge investor interest while also revealing how much leeway regulators are willing to give crypto firms after past violations. The post Crypto Exchange OKX Eyes Wall Street Debut After April Comeback: Report appeared first on Cryptonews .
The founder of Pi Network has publicly addressed accusations of being a “scammer” following a significant price decline of the project’s token. The digital currency, which has been in a prolonged development phase without a fully open mainnet, recently saw its value drop, intensifying frustration among its large user base and sparking heated debate across … Continue reading "Pi Network Founder Responds to ‘Scammer’ Accusations Amidst Price Crash" The post Pi Network Founder Responds to ‘Scammer’ Accusations Amidst Price Crash appeared first on Cryptoknowmics-Crypto News and Media Platform .
The post Top Discounted Altcoins to Buy Now: XRP, XLM, SUI, DOGE & ADA appeared first on Coinpedia Fintech News As the crypto market cools down after Bitcoin’s fall to around $99,000, investors are now looking for new chances in altcoins. Rising global tensions and economic worries have shaken the market, causing altcoins to tumble too. But while most coins are stuck in a quiet phase, a few altcoins are quietly preparing for a strong comeback. Here are top discounted altcoins to buy during the market crash: XRP (XRP) XRP is currently trading at $2.02, down 2.3% in the last 24 hours. The current trend is bearish, but XRP could bounce back in July, with prices expected to range between $1.91 and $2.22. While it dropped over 12% this month, July could bring a rebound as analysts see a possible 10% rise if prices rise as expected. Stellar (XLM) Stellar is currently trading at $0.2303, down 2.6%. Stellar has dropped nearly 20% in June, showing bearish sentiment. However, July looks promising, and it could see a rebound with prices ranging from $0.26 to $0.28, a 23% gain from current levels. The RSI has dropped to 27.8, showing XLM is oversold, often a sign of an upcoming bounce. While most moving averages still point down, some momentum indicators are starting to turn positive. Sui (SUI) Sui is currently trading at $2.49, down 2.5% in the past day. Technical indicators are mostly bearish, but we could see a bounce if buying interest returns. With strong fundamentals and long-term growth potential, this dip could offer an opportunity, if the momentum shifts. SUI has lost over 30% this month and could continue to dip towards $1.97. However, analysts expect a rebound in July with targets ranging from $1.84 to $2.02. Dogecoin (DOGE) Dogecoin is currently trading at $0.1523, down 1.3% in the past day. Dogecoin dropped over 33% in June, with bearish sentiment still lingering. But analysts expect a rebound to around $0.17 in July, a 19% gain from current levels. Dogecoin’s 2025 outlook remains cautiously bullish. If the market picks up and utility grows, DOGE could climb back to $0.30–$0.40, and could also retest its all-time high near $0.70. Cardano (ADA) Cardano is currently trading at $0.5463. Cardano started June with a bounce from $0.51 but remains range-bound between $0.65 and $0.70. Holding above $0.60 could trigger a bullish breakout, with targets up to $1.43. But if it fails, a drop to $0.50 is likely. Over the next 12 days, a move above $0.72 could push ADA up 15–18%, particularly if market sentiment improves.
Metaplanet has purchased an additional 1,111 Bitcoin for $118.2 million, the Tokyo-listed investment firm said on Monday. The average purchase price was approximately $106,408 per Bitcoin. The leading cryptocurrency has dropped over 4% in the last week, now trading at just above $101,000. With this latest acquisition, the company now holds 11,111 BTC on its balance sheet, valued at over $1.07 billion. The average cost basis stands at $95,869 per coin. Metaplanet shares traded down 3.5% today. This marks a major milestone in Metaplanet’s aggressive Bitcoin accumulation strategy, which began mid-2024 and accelerated through early 2025. Metaplanet’s total stash has grown nearly 28-fold since December 2024. *Metaplanet Acquires Additional 1,111 $BTC , Total Holdings Reach 11,111 BTC* pic.twitter.com/7ceEeSh1X4 — Metaplanet Inc. (@Metaplanet_JP) June 23, 2025 Metaplanet Reports Quarter to Date BTC Yield of 107.9% Metaplanet reports a quarter-to-date BTC yield of 107.9%, up from 95.6% in Q1 and 309.8% in Q4 2024. The metric, which the firm uses as a key performance indicator, tracks Bitcoin per fully diluted share over time, excluding the effects of dilution. The firm also posted a BTC gain of 4,367 BTC for $451.2 million for the ongoing quarter, based on reference prices from Bitflyer. The company has funded its Bitcoin purchases through a series of capital market activities, including multiple zero-coupon bond issuances and equity-based instruments. Since January, Metaplanet has issued and redeemed more than a dozen series of ordinary bonds and stock acquisition rights, largely subscribed by EVO FUND . Over 210 million shares have been issued under its “210 Million Plan.” Metaplanet Wants to Buy 210,000 BTC by 2027 Often dubbed as Japan’s Strategy, the company aims to buy 210,000 Bitcoins by the end 2027. Between May and June 2025 alone, Metaplanet raised over $300 million through bonds and exercised stock rights, with proceeds explicitly allocated for Bitcoin accumulation. The company formalized Bitcoin Treasury Operations as a core business line in December 2024, a pivot from its hotel management business. Since then, it has disclosed regular updates on its BTC position, including total holdings, cost basis, and share dilution metrics. As of June 23, Metaplanet’s fully diluted share count stood at 759 million, with Bitcoin per 1,000 fully diluted shares reaching 0.0146 BTC. The company has not indicated a halt or slowdown in its Bitcoin acquisition strategy. It continues to use capital raised through financial instruments to increase exposure to the digital asset, in line with its stated goal of enhancing shareholder value through BTC accumulation. The post Metaplanet Adds $118M in Bitcoin Amid Market Dip, Crosses $1B in Holdings appeared first on Cryptonews .
Bitcoin experiences a notable dip below $100,000 amid escalating geopolitical tensions between Israel and Iran, highlighting market sensitivity to global events. Despite the short-term volatility, leading analysts and industry experts
Oil prices are expected to explode past $110 today, after Iran promised “severe consequences” for the United States over launching direct airstrikes on its nuclear sites, dragging itself deeper into the ongoing war between Iran and Israel. Analysts half-expect things to get worse today, according to a report from CNBC, warning that the entire global oil market and economy is at risks never seen before if Tehran responds militarily as promised. Iran’s foreign minister said the country has “all options” on the table to defend its sovereignty. As of early Asian trading hours, US WTI crude jumped more than 2% to $75.22 a barrel, while global benchmark Brent crude pushed nearly 2% higher to $78.53. Iran’s threat to shut Strait of Hormuz triggers new panic Lawmakers in Tehran have approved a proposal to shut the Strait of Hormuz, a narrow waterway that carries almost 20% of global oil supply. Andy Lipow, president of Lipow Oil Associates, said, “This time feels different, given the barrage of missiles that have been fired for over a week and now the direct involvement of the USA.” Iran’s decision to respond militarily, or even just harass shipping in the strait, could send prices sharply higher. Saul Kavonic, senior energy analyst at MST Marquee, told CNBC that “even a degree of harassment” of tankers in that region could push oil to nearly $100 per barrel. A full closure that lasts several weeks would trigger Western military action to reopen the strait, he said. The real concern is that a prolonged event would take supply off the market, fast. Bob McNally, president of Rapidan Energy Group, agreed that a military response by Iran could go far beyond just naval threats. If Iran targets energy facilities in the Gulf or directly hits LNG and oil infrastructure, prices won’t stop at $100. “A prolonged closure or destruction of key Gulf energy infrastructure could propel crude prices to above $100,” Bob said. He warned that if Iran used all its military options, the conflict could last “longer than the last two Gulf Wars.” Goldman Sachs expects brief oil surge if flows get hit Meanwhile analysts at Goldman Sachs also said the fallout from the US strikes on Iran has raised the chances of a serious energy supply crunch. In a note led by Daan Struyven, the analysts said if flows through the Strait of Hormuz drop by 50% for just a month, and stay down by 10% for nearly a year, Brent crude could briefly hit $110 per barrel. If Iran’s oil exports fall by 1.75 million barrels per day, prices could touch $90. That’s the bank’s projection, even though they still think full-on supply cuts are unlikely. Goldman said both the US and China would have strong incentives to prevent that kind of sustained disruption. But they admitted, “the downside risks to energy supply and the upside risk to our energy price forecasts have risen.” That’s Wall Street code for: be ready for higher prices. The impact wouldn’t be limited to oil either. European natural gas markets are also in danger. Goldman warned that TTF futures could jump to €74 per megawatt-hour, or around $25 per million BTUs. That’s close to the levels that crushed demand during the 2022 energy crisis. If the disruption drags on, prices could spike to €100. Vandana Hari, CEO of Vanda Insights, said most traders are still sitting on their hands, watching for the next move from Iran. “The picture is a little bit mixed, and I think traders will err on the side of caution, not panicking unless there is more real evidence to do,” Vandana said. But nobody’s ignoring what’s happening. The Strait of Hormuz, which links the Persian Gulf to the Indian Ocean, is one of the most important arteries in the global energy system. A real closure, or even the threat of one, means delays in shipments, panic buying, and a surge in volatility. The global oil market just entered a dangerous new phase, and the next move belongs to Iran. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Bitcoin has lost more than 8% over the past week as geopolitical tensions and military action between Israel and Iran ramped up.
Cointelegraph is the latest in a wave of phishing attacks targeting crypto platforms via exploits that lure users with fake token rewards.
OKX, one of the top crypto exchanges globally, explores a United States initial public offering (IPO). The plans to go public come months after the firm reentered the US marketplace in April, underscoring a renewed dedication to global expansion and regulatory compliance. Crypto journalist Yueqi Yang revealed the news, which matches the broader trend of cryptocurrency companies indirectly venturing into traditional finance (TradiFi) – through stocks – as investor interest in digital current exposure increases. Yueqi Yang @Yueqi_Yang · Follow OKX, one of the top three global crypto exchanges, will consider an IPO in the U.S., after relaunching in the U.S. in April. From IPOs to crypto treasury stocks, crypto is booming right now, but the rally is playing out in the stock market, at valuations that even surprised 1:25 AM · Jun 23, 2025 77 Reply Copy link Read 12 replies OKX’s strategic reentry to the US The exchange had previously scaled back its operations in America due to regulatory hurdles. However, OKX relaunched in the US in April 2025 after key restructuring and alignment with compliance policies, which included paying $500 million in fines. The strategic return opens the gates to one of the largest cryptocurrency user bases globally. Moreover, a public listing positions OKX as a top competitor for institutional trust in the digital assets industry. The enhanced regulatory clarity under the Trump administration sets a lucrative environment for OKX’s public debut. The IPO speculation comes as crypto-related equities flourish. BlackRock has become one of the top Bitcoin holders, now owning over 3% of all BTC in circulation through ETFs. Also, public firms like Michael Saylor’s Strategy and Coinbase are experiencing tremendous crypto-linked growths. Stablecoin issuer Circle saw its shares gain over 400% after an IPO , while Animoca Brands is considering listing in the US due to Trump’s pro-crypto laws. These trends have flooded Wall Street with capital hunting crypto’s upside potential – without directly holding actual tokens. OKX looks to ride this momentum with its potential IPO to offer enthusiasts an equity-based and regulated opportunity to capitalize on the booming crypto market. The exchange’s deep liquidity, expanding product offerings, and massive user base position OKX as a top option for institutional portfolios. Most importantly, an IPO will likely enhance OKX’s governance, global legitimacy, and transparency, especially as CEXs witness increased scrutiny. Besides enriching OKX’s company profile, an IPO may change the market outlook on exchanges from speculative platforms to authentic financial institutions. OKX expands crypto access through strategic alliances The initial public offering plans are part of OKX’s latest moves toward enriching crypto access globally. Recently, the trading platform collaborated with Consensys to onboard its DEX aggregator into MetaMask – one of the most used wallets by web3 enthusiasts. The integration promised reduced slippage and quicker trade execution to advance decentralized trading performance and accessibility. According to the press release : For end users, this update provides access to comprehensive aggregated liquidity from over 500 decentralized exchanges, allowing for competitive pricing and reduced slippage. For developers, OKX’s DEX API delivers enterprise-grade reliability with 99.9% uptime and robust security features, enabling any platform to rapidly deploy sophisticated trading capabilities through flexible SDK, API, and widget options. Enthusiasts and experts will watch OKX’s IPO moves as cryptocurrency stocks quietly dominate traditional markets – where credibility and compliance rule. The post OKX eyes US IPO as crypto stock rally fuels listing ambitions appeared first on Invezz