A turbulent week in crypto ended with a sharp market downturn, as Bitcoin, Ethereum, and major altcoins plunged following U.S. airstrikes on Iran’s nuclear sites ordered by President Donald Trump.
While geopolitical shockwaves rattled prices and NFTs posted a double-digit drop, crypto venture funding remained surprisingly resilient, and Reddit made headlines for exploring iris-scanning technology to tackle identity challenges in the age of AI.
- Under Elon Musk’s ownership, the platform is evolving into an all-in-one financial hub, with CEO Linda Yaccarino confirming plans to integrate a wide range of financial services.
- The move builds on Musk’s crypto-friendly reputation and aims to position X as a central platform for both social and financial activity.