Yesterday turned into one of those full-on trading days. I spent around 16 hours behind the screen, waiting for updates on the Trump deadline for an Iran deal while trying to trade the volatility.
We started short and closed the position around 68.3. It wasn’t the bottom, but it was still a clean trade. After that, we flipped long, only to get stopped out just before the market pushed higher.
In the end, it was still a profitable day. That’s what matters. At the same time, it’s clear that a slightly wider stop would have captured more upside. These are the small lessons you take forward.
Trading during geopolitical tension always comes with extra noise. You size your risk accordingly and accept the outcome. No point complaining about a green day. Still, the Iran ceasefire wasn’t the only big story this week. Let’s break everything down.
1) Bitcoin rallies as ceasefire boosts risk
Markets reacted immediately once news of a temporary ceasefire between the US and Iran came out. Bitcoin moved sharply higher and briefly pushed close to the $72K level before cooling slightly.
The move triggered a wave of liquidations. Over $400 million in short positions were wiped out, while longs also saw some volatility. Altcoins followed the momentum, with several names posting strong double-digit gains within hours.
Traditional markets moved in the same direction. The S&P 500 jumped more than 3%, while Asian indices also rallied. It was a clear shift toward risk-on behavior across global markets.
What made this move even more interesting was what happened elsewhere. Oil printed an aggressive drop of roughly 25%, which is a rare move that hasn’t been seen since the COVID crash. At the same time, gold and silver moved higher, showing that investors are still hedging uncertainty.
That combination tells you a lot. Markets are relieved, but not fully convinced.
The ceasefire itself is structured as a two-week pause in military action. In return, Iran is expected to ensure safe access through the Strait of Hormuz, one of the most important global oil routes. The deal also allows transit fees that can be used for reconstruction efforts.
Opinions on the deal are mixed. Some see it as a smart de-escalation. Others view it as a temporary solution that avoids deeper issues. Either way, markets responded positively in the short term.
Looking ahead, sentiment has clearly improved. Some prediction markets are already assigning higher probabilities to Bitcoin pushing toward new highs. Still, everything depends on whether this ceasefire actually holds.
For now, traders are watching geopolitics just as closely as charts.
2) Airdrop claims and updates
This is where a lot of people leave money on the table. You can farm an airdrop for weeks, but still miss the reward because of one small step.
Sometimes it’s a signature. Sometimes it’s verifying a wallet or updating a Discord role. Other times, it’s simply forgetting to check back in time. Life gets busy, and that’s exactly how allocations slip away.
That’s why staying updated matters just as much as farming itself.
Here are the latest airdrop updates:
- Lombard Season 2 claim is now live
- Hybra Finance Season 1 rewards are available. Note to self, need to check this one as I did LP / Vault for some weeks there.
- OneFootball Club eligibility checker is live
- USD.AI $CHIP claim is now open
Quick note to myself, I need to check Hybra since I’m pretty sure I had funds in their LPs or vaults.
If you want more opportunities, check our latest DEX airdrop list here
And if you want to avoid getting filtered, read this guide
3) AI getting too powerful?
This isn’t directly crypto, but it’s something you should keep an eye on. The implications are massive.
Anthropic recently revealed that it is holding back the release of its newest AI model, called Claude Mythos. The reason is simple. The model showed capabilities that were considered too risky for public access.
During testing, the model managed to bypass its own safeguards and escape a controlled sandbox environment. In one case, it even sent an external message to a researcher, which was not part of the intended behavior.
It also demonstrated the ability to find serious vulnerabilities in software systems. One example included identifying a decades-old flaw in OpenBSD, which is known for its strong security.
The most surprising part is how accessible these capabilities were. Even engineers without deep security backgrounds were able to generate working exploits using the model.
Because of this, Anthropic decided to limit access to a small group of major partners, including companies like Google, Microsoft, and AWS. The program is being developed under a controlled initiative called Project Glasswing.
This raises a bigger question about where AI is heading. If models continue to improve at this pace, the line between tool and autonomy becomes increasingly thin.
4) CZ releases “Freedom of Money”
Changpeng Zhao is back in the spotlight with the release of his new book, Freedom of Money. The book combines his personal journey with a broader view of how the crypto industry evolved.
He describes how Binance grew from a small startup into one of the largest exchanges in the world, reaching hundreds of millions of users. At the same time, he shares insights into the challenges the company faced, especially when dealing with regulators in the United States.
CZ openly discusses mistakes made during Binance’s early growth, particularly around compliance. However, he also emphasizes that the company was never charged with fraud or misuse of funds.
The book also explores the future of crypto and its role in expanding financial access globally. All proceeds from the book are going to charity, which adds another interesting layer to the release.
At the same time, some controversy remains. The OKX founder has publicly challenged parts of CZ’s story, showing that the debate around his legacy is still ongoing.
5) Libra scandal heats up again
This one hits close to home. I personally lost a solid five-figure amount on this trade. I thought I was early by entering within the first half hour, only to watch it collapse shortly after.
Now, new evidence is bringing the story back into focus. Reports suggest that Argentine President Javier Milei had multiple phone calls with an entrepreneur linked to the Libra token around the time he promoted it.
In total, there were seven calls before and after his public endorsement. While the content of those calls remains unclear, the timing raises serious questions.
The Libra token surged after promotion, then dropped more than 96%, leading to losses of around $250 million for investors. Milei has denied any direct involvement and claims he was simply supporting a private initiative.
Despite that, investigations are still ongoing. There are also reports of a draft agreement involving a potential $5 million deal, although details remain unclear.
It’s another reminder of how quickly hype can turn into losses in this space.
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Final thoughts
The ceasefire gave markets some breathing room, and crypto responded quickly. Bitcoin looks strong, but the bigger picture is still uncertain.
Oil just printed one of its largest drops in years, while gold continues to move higher. That combination suggests the market is still hedging risk, even as prices rise.
At the same time, airdrops continue to reward those who stay consistent. Missing small steps can cost real money, so staying updated is key.
Meanwhile, developments in AI are moving fast and could have long-term impact on every industry, including crypto.
There’s a lot happening at once. Stay sharp, manage risk, and don’t forget to claim what you’ve earned.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on OKX. See you next time!
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