Nintendo, Roblox Shares Climb On Positive Catalysts
Two top-performing video game stocks — Nintendo and Roblox — rose Tuesday on positive catalysts. In afternoon trading on the stock market today, Nintendo's American depositary receipts jumped nearly 4% to 21.58. MoffettNathanson analyst Clay Griffin reiterated his buy rating on Nintendo stock and raised his price target on the company's Japan-traded shares.
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21 minutes ago
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Trump wants Iran's 'unconditional surrender'
Trump wants Iran's 'unconditional surrender' originally appeared on TheStreet. President Donald Trump made a shocking post on Truth Social on June 17 as the Israel-Iran war escalated. "We now have complete and total control of the skies over Iran. Iran had good sky trackers and other defensive equipment, and plenty of it, but it doesn't compare to American made, conceived, and manufactured 'stuff.' Nobody does it better than the good ol' USA," he wrote on the Truth Social app. Trump asked for "UNCONDITIONAL SURRENDER!" and warned that Ayatollah Ali Khamenei is an easy target, though they aren't going to kill him — "at least not for now." Earlier, Trump had warned everyone to immediately evacuate Tehran. The markets immediately began to dip following the latest indication of the U.S. getting more involved in the war. The total crypto market cap declined to $3.24 trillion as we write. As per Kraken's price feed, Bitcoin fell 0.20% in an hour to trade at $104,275.54 at press time. Ethereum declined 0.50% in an hour to $2,493.97, XRP also fell 0.28% to trade at $2.17, and Solana fell 0.44% to $147.19. The price of Brent crude oil also immediately jumped north of $75 a barrel within minutes of Trump making the post on social media. Since Iran is one of the world's leading producers of crude oil, the impact of the war on oil prices is estimated to be severe. The price of gold — Bitcoin maximalists refer to the king coin as "digital gold" — reached $3,380 per oz. The latest war in the Middle East has led to a massive sell-off in the crypto market. Its total market cap fell from $3.4 trillion to $3.22 trillion on June 13 when Israel attacked Iran. The market recently recovered to $3.39 trillion, but the latest announcement by Trump again led to it dipping to $3.24 trillion at the time of writing. Trump wants Iran's 'unconditional surrender' first appeared on TheStreet on Jun 17, 2025 This story was originally reported by TheStreet on Jun 17, 2025, where it first appeared.
Yahoo
22 minutes ago
- Yahoo
Mark Cuban thinks the Trump phone could be all about crypto fees
Mark Cuban thinks the Trump smartphone announced Monday may include a crypto wallet linked to Trump coins. He said it may generate fees through $Trump and stablecoin transactions. The phone is the latest moneymaking venture from the family of President Donald Trump. Mark Cuban believes that the real money-making idea behind the Trump Phone might not be the device itself — but what's inside it. After Donald Trump Jr. and Eric Trump unveiled a new Trump-branded smartphone on Monday, the billionaire investor floated a provocative theory on X. He thinks the $499 gold "T1" phone is likely about making crypto cash. "I think the smart game they are probably playing is to put a crypto wallet on the phone that leverages WLF, $Trump, and their stable coins," Cuban posted in response to the product launch. WLF is a reference to crypto firm World Liberty Financial that's connected with the Trumps. "Whatever transactions they can create generates fees for them, and there are so many way to sell things and pre-load whatever they want," he added. The Trump Organization did not immediately respond to a request for comment. Earlier this year, President Donald Trump launched his own meme coin, $Trump, which soared north of $70 billion at its valuation peak in mid-January. A private dinner for top holders of the coin late last month required an average investment of nearly $1.8 million to attend, NBC News reported. According to blockchain analytics firm Chainalysis, the coin's backers, including Trump's family and a network of affiliate companies, have already earned over $350 million in trading fees. Trump Media & Technology Group also filed documents with the Securities and Exchange Commission seeking approval of a new bitcoin and ether ETF on Monday, with the fund aiming to invest 75% of its assets in bitcoin and 25% in ethereum — increasing the family's entrenchment in crypto. Eric Trump told Fox Business on Monday that the T1 would "revolutionize cellphones," while Trump Jr. touted it as a "true value" American-made alternative to mainstream operators at a press conference in New York City. It's unclear who is making the devices. Cuban also said on X: "I just want to know who makes them and where." If Cuban's theory is right, the Trump phone could be a portal to a Trump-branded Web3 ecosystem preloaded with wallets, digital assets, and transaction-generating features. There is no mention on the Trump Mobile website of cryptos. Trump Jr. said the venture would offer roadside assistance and telemedicine services as well as wireless coverage and the smartphone. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Bitcoin Heads Lower as Trump Threatens to Assassinate Iran's Supreme Leader
The U.S. may soon go to war against Iran, and crypto markets aren't liking the prospect. Bitcoin BTC is down 3.8% in the last 24 hours, trading under $104,000 yet again. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange coins and memecoins — lost 6.1% in the same period of time, with ether ETH and solana SOL both slumping 7% and sui SUI dipping almost 10%. Crypto stocks are also taking a hit, with Coinbase (COIN), Strategy (MSTR) and Circle (CRLC) all down 2%-3%, and bitcoin miners such as Bitdeer (BTDR), Riot Platforms (RIOT), CleanSpark (CLSK), HIVE (HIVE) and Hut 8 (HUT) losing 6%-7%. The market move came as President Donald Trump suggested that the U.S. could soon get involved in the conflict between Israel and Iran. 'We know exactly where the so-called 'Supreme Leader' is hiding,' Trump posted on social media, referring to Iranian head of state Ali Khamenei. 'He is an easy target, but he is safe there - we are not going to take him out (kill!), at least not for now. But we don't want missiles shot at civilians, or American soldiers. Our patience is wearing thin.' Trump also called for Iran to surrender unconditionally, and for residents of Tehran to evacuate the city. The national security council was convened, according to the White House, and Trump himself cut short a G7 summit to focus on the issue. Odds of U.S. military action against Iran before July have soared to 65% on Polymarket. 'The sudden and severe escalation of the Iran-Israel conflict introduced a significant geopolitical risk premium, prompting an immediate flight from risk assets across the board, to which crypto has not proven immune,' said Javier Rodriguez-Alarcón, Chief Investment Officer at XBTO. 'The geopolitical situation remains a wildcard; any credible de-escalation in the Middle East could serve as a significant risk-on catalyst, while a further deterioration would likely trigger another move down across risk assets,' he added. Matteo Greco, senior analyst at Finequia, shared the same sentiment, adding that the war could end up having significant consequences on the U.S. economic outlook. 'Should Israeli military actions impact Iran's oil production, a spike in oil prices could follow, fueling renewed inflationary pressures,' Greco said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
