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Crypto
Netanyahu floats blockchain as way to bypass financial sanctions, sparking Israeli political spat
Israeli Prime Minister Benjamin Netanyahu (베냐민 네타냐후) has publicly raised the possibility of using blockchain and cryptocurrencies to respond to potential international financial sanctions. He said Israel is reviewing related technology to reduce any economic shock. Political opponents criticised the idea, with one calling it a national security threat, while the Bank of Israel said crypto cannot be used to bypass sanctions. Industry figures and local media also questioned its effectiveness.
Crypto
Bitcoin bullish bets return; retaking $85,000 hinges on ETFs
Bitcoin’s funding rate has turned positive, reviving short-term bullish positioning, while traders remain cautious. Perpetual futures annualised funding briefly rose to 6 percent, entering a neutral-to-bullish range for the first time in about a month. Spot U.S.-listed bitcoin ETFs saw net outflows on May 8 and 9, adding pressure. Options indicators stayed defensive. Hashrate has rebounded in May, easing concerns of miners leaving the network for AI.
Crypto
Bitcoin faces weekend test as U.S.-Iran ceasefire talks near
Bitcoin is hovering near $73,000, but its short-term direction has turned uncertain again ahead of U.S.-Iran ceasefire talks this weekend. Iran is demanding a Lebanon ceasefire and the release of frozen Iranian assets as preconditions. A blockchain outlet said bitcoin could extend gains or pull back depending on the outcome. Market moves followed Trump’s truce announcement and easing inflation worries, while U.S. messages on the talks diverged.