Business

Bitcoin holds $63,800 as third U.S. strike hits Iran and Strait of Hormuz closes

While Bitcoin held steady near $63,800 following a third round of U.S. strikes on Iran, the broader altcoin market took a hit as Solana and Cardano both dropped 4.5%.

Airline World Cup Surge: American, Delta and United Capitalize on Capacity Scarcity

United Airlines bookings to host cities jumped nearly 20% as an estimated five million fans navigate an artificially constrained US aviation market. Delta and American report strong localized spikes.

Japan Slashes Crypto Tax to 20% as SHIB Enters Regulatory Green List

Japan is slashing its crypto capital gains tax from 55% to a flat 20% as the Lower House reclassifies digital assets as traditional securities. Concurrently, Shiba Inu secured regulatory Green List status.

Mercedes Abandons Germany for Baby G-Class Production Amid 10% Cost-Cutting Mandate

Mercedes-Benz is moving production of its new "Baby G-Class" to Hungary and investing €1 billion to double the Kecskemét plant's capacity, bypassing historic German assembly lines to cut costs by 10%.

Bitcoin Spot ETFs Reverse $4B Capital Flight as BTC Tests $64,000 Resistance

BlackRock's IBIT fund lost over $3 billion during a 13-day withdrawal streak. Now, capital is returning as Bitcoin pushes back toward $64,000.

XRP Defends $1.00 Floor as Japanese Bank Adoption Outpaces ETF Lull

XRP is defending a $1.00 support floor as the U.S. Senate delays the CLARITY Act to late July. Meanwhile, Ripple Prime cleared $3 trillion in volume, heavily leaning on the RLUSD stablecoin.

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