US launches new strikes on targets in Iran, Bitcoin drops 2% as crypto liquidations near $1B

About 16 million ADA left exchanges for self-custody wallets in a single 24-hour window, according to Coinglass spot flow data — a shift that points to quiet Cardano accumulation while prices remain under pressure. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up Cardano: Big Move Off Exchanges Coinglass data shows that Cardano spot inflows over that period came in at $30 million, while outflows hit $32.62 million, producing a net exchange flow of -$2.54 million. At ADA’s current price of $0.16, that gap translates to roughly 16 million tokens moving away from exchanges. That exodus from trading platforms follows a separate but related development flagged by market intelligence platform Santiment on June 10. Data from Santiment showed that wallets holding ADA for extended periods had begun moving their coins again after months of relative quiet — a shift captured through two on-chain metrics: Mean Dollar Invested Age and Age Consumed. ✍️ TL;DR: Large dormant Cardan

The renewed conflict in Iran heightens geopolitical tensions, impacting global markets and challenging the stability of diplomatic efforts. The post Explosions and airstrikes reported across southern Iran and Tehran as crypto markets react appeared first on Crypto Briefing.

Ethereum's wallet growth highlights its expanding utility in DeFi and dApps, but sentiment and price performance remain disconnected. The post Ethereum nears 200M wallets, surpasses Bitcoin by 230% in holders appeared first on Crypto Briefing.

Escalating US-Israel military actions against Iran reveal the limits of American power and moral authority. The post John Mearsheimer: US and Israel escalate military actions against Iran, the limits of American power are becoming clear, and the erosion of US moral authority in warfare | Tucker Carlson appeared first on Crypto Briefing.

Middle East tensions are escalating again as military strikes continue and Iran closes the Strait of Hormuz, further pressuring already fragile crypto markets.

Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.’s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime. In the June 10 brief, Adler said Bitcoin’s Realized Cap has declined by roughly $12 billion from its mid-May peak, falling from about $1.087 trillion to $1.075 trillion. The 30-day percentage change in Realized Cap has dropped to -1.1%, marking the first time since mid-March that capital outflows have reached that level. “Capital is leaving the Bitcoin network, and participant behavior confirms a capitulation regime – sales are being made at a loss,” Adler wrote. “This brief examines how close the current stress is to the March extremes and what needs to happen for the regime to change.” Bitcoin Realized Cap Outflows Accelerate

Bitwise CIO Matt Hougan says advisors now favor stablecoins and tokenization over Bitcoin after talks with more than 40 advisors this week.

“We continue to view the current macro environment as a headwind for Bitcoin,” 10x Research’s Markus Thielen said.