Cryptocurrency Live News & Updates : Bitcoin (BTC) Hits 106,000 USDT with Minor Dip
14 Jun 2025 | 05:30:12 AM IST
As of June 13, 2025, Bitcoin has reached the 106,000 USDT mark, experiencing a slight decrease of 0.07% over the past 24 hours. Bitcoin has recently surged past the 106,000 USDT threshold, reflecting a minor 0.07% decline in the last day. Meanwhile, Ether (ETH) has shown significant volatility, peaking at $2,879 before dropping to $2,433, with potential bearish trends looming. Institutional interest in Ether is growing, highlighted by substantial inflows into ETH ETFs, particularly from BlackRock, which has amassed over $500 million in Ether. In a notable development, Societe Generale has announced the launch of a dollar-pegged stablecoin, 'USD CoinVertible', marking a significant entry of a major bank into the stablecoin market. This new digital currency will be tradable on Ethereum and Solana, responding to the demand for regulated stablecoins. Additionally, Ripple and the SEC have reached an agreement to release $125 million in escrow as part of their settlement, concluding a pivotal case in U.S. cryptocurrency regulation. The ongoing geopolitical tensions, particularly the escalating conflict between Israel and Iran, have also impacted global markets, leading to a sell-off in U.S. stocks and rising oil prices, further influencing the cryptocurrency landscape. Show more
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Last Updated: Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday Contrary to media reports, Iran oil ministry on Sunday denied Israel's attack on their oil and gas sector, claiming the Isfahan refinery operations continue without disruption. The semi-official Tasnim news agency had on Saturday reported that Iran had partially suspended gas production at the world's biggest gas field after an Israeli strike caused fire at South Pars gas field. Israel launched an air offensive against Iran on Friday, killing commanders and scientists and bombing nuclear sites in a stated bid to stop Tehran building an atomic weapon. Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday even though Israel spared Iran's oil and gas on the first day of its attacks. 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Also Download the News18 App to stay updated! tags : Israel Iran tension Location : New Delhi, India, India First Published: June 15, 2025, 14:59 IST News explainers Iran Denies Israel's Attack On World's Largest Gas Field: Why South Pars Is Key To Global Energy Ops
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