Crypto Plunges, Israel strikes Iran, Gold & Oil Soar 📉
The crypto market suffers as Israel strikes Iran, leading to $1.1 billion in liquidations and Wynn's liquidation. GameStop increases its debt raise to $2.25 billion for Bitcoin investment, while numerous companies launch Bitcoin reserves.
Amid these events, Sharplink falls 70% after announcing an equity re-sale and acquiring $463 million in Ethereum. Phantom enables USDC payments on Shopify, and Walmart and Amazon consider issuing stablecoins.
In regulatory movements, the SEC delays decisions on altcoin ETFs. Notable collaborations and acquisitions include Coinbase teaming up with AmEx and Tether acquiring a stake in Elemental Altus.
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