Cryptomania Club
Cryptomania Club
June 19, 2025 at 09:53 AM
*🚨 Israel-Iran Tensions Hit Crypto, $90M Burned, $6.9M Lost, XRP ETF Approved* This week’s been packed with some major crypto headlines. From tensions overseas to some serious hacks, there’s a lot to cover. Let's take a closer look at what went down. 😱 *Israel-Iran Tensions Shake Crypto Market* On June 13, 2025, Israel launched airstrikes on Iran’s nuclear sites, causing rising tensions. Bitcoin dropped 2%, going from $107,000 to $103,000, and the entire crypto market lost 3%. However, Bitcoin is bouncing back. Experts believe that wars can cause inflation, which might actually help Bitcoin's value long-term. Currently, Bitcoin is priced at $104,948. *❌ Pro-Israel Hackers Burn $90M in Crypto* On June 18, 2025, hackers called “Predatory Sparrow” stole $90M from Iran’s top exchange, Nobitex, and then destroyed it. They accused Nobitex of funding terrorism. The funds were sent to wallets with anti-Iranian Guard messages, happening amid rising Israel-Iran tensions. *💸 Crypto User Loses $6.9M to Fake Cold Wallet from China’s TikTok* A crypto user lost nearly $7 million after buying a cheap cold wallet on China’s Douyin (TikTok), only to find it was compromised. The wallet’s private key was hacked, and the funds were stolen within hours. Blockchain firm SlowMist warns that "bargain" cold wallets can often be tampered with, with little hope of recovery. *🪙 Canada Approves First XRP Spot ETF on Toronto Stock Exchange* Purpose Investments has received approval to launch Canada’s first spot XRP ETF on June 18, 2025. This ETF will give investors a safe and regulated way to invest in XRP, the cryptocurrency known for fast, low-cost cross-border payments. The ETF will trade under the ticker XRPP. *✉️ SHARE – these updates are too big to ignore!*
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