Bitcoin gained bullish short-term BTC price targets with $69,000 on the radar thanks to the US-Iran peace deal, due to be signed in the coming days. Bitcoin (BTC) starts the third week of June with a spring in its step as the US-Iran peace deal sends risk assets higher. Key points: Read more
Japanese crypto exchange Bitbank warns users of possible account suspensions for Polymarket-linked transactions, citing Japan’s gambling laws. Bitbank, one of Japan’s largest cryptocurrency exchanges, warned users that transactions linked to prediction market platforms such as Polymarket could result in account suspensions due to potential conflicts with the country's gambling laws. In a notice published on Monday, Bitbank said it may restrict accounts making deposits or withdrawals connected to prediction market services. The warning highlights the regulatory uncertainty surrounding prediction markets in Japan, where local gambling laws may complicate Polymarket's previously stated interest in expanding into the country. Read more
US and Iranian officials have agreed on a framework deal to end the war, halt hostilities on all fronts, and reopen the Strait of Hormuz, with the future of Iran’s nuclear programme and sanctions relief to be settled in later negotiations. US President Donald Trump announced that the agreement was “complete” and ordered an end to the US blockade of Iranian ports, while Prime Minister Shehbaz Sharif confirmed that a peace agreement had been reached after intensive talks, adding that the official signing ceremony would take place on June 19 in Switzerland. Iran also confirmed the framework understanding and ceasefire, saying the fighting would stop immediately, though key issues such as uranium enrichment and the release of frozen assets would be decided in subsequent discussions. Below is a timeline of the key events that led up to the agreement. February 28 The US and Israel launched an attack on Iran via air and sea: a series of explosions in Tehran, including near the residence of the supreme leader. A US-I...