Hashmarket

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📉 TRENDING: Crypto markets are selling off in tandem with the geopolitical escalation. $601M in long positions liquidated in 24h, including $177M in BTC longs. Fear & Greed Index holds at Extreme Fear.

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🔴 BREAKING: Brent crude jumps back near $80/barrel after the US-Iran signing in Switzerland was cancelled. Crude had been on track for an ~8.5% weekly decline before the news broke.

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🔴 BREAKING: Israel resumes strikes on southern Lebanon; Iran refuses to attend the signing of the memorandum with the US in Bürgenstock. The signing has been postponed indefinitely.

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JUST IN: France to ban alcohol at upcoming music festivals amid an extreme heatwave.

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JUST IN: Iran says Strait of Hormuz is now closed

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JUST IN: U.S. Air Force unveils the new Air Force One, a $400 million Boeing 747-8 gifted by Qatar.

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JUST IN: AI stocks now represent 39% of the S&P 500

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JUST IN: The US has restricted access to Anthropic's advanced AI models

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NEW: Cape Verde goalkeeper Vozinha has gained 1.8 million+ Instagram followers since entering the Spain draw with just 20,000.

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NEW: Australia’s richest person, Gina Rinehart, has reportedly taken a $1 billion stake in SpaceX.

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JUST IN: Trump warns Iran the U.S. has the “ultimate alternative” if a deal falls through.

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🚨 JUST IN: Russia has warned it could suspend Armenia’s rights within the Collective Security Treaty Organization amid growing tensions between Moscow and Yerevan.

The move would mark a significant escalation in the relationship between Russia and Armenia, raising fresh questions about Armenia’s future role in the CSTO military alliance.

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JUST IN: Over $1 trillion erased from gold today

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JUST IN: President of messaging app Signal threatens to pull service from the UK over government regulation.

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JUST IN: New research suggests remote work is making it harder for young people to find jobs

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NEW: Tom Brady launches “Good Nut” — an organic coconut water drink.

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JUST IN: Billionaire investor says SpaceX could be worth $30 trillion in 15 years

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JUST IN: The U.S. is reportedly exploring a deal to buy the Chagos Islands from Mauritius, including control of the Diego Garcia military base.

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JUST IN: Jim Cramer says Saylor "murdered" Bitcoin