Just saw today’s latest interesting crypto news. The digital coin market is currently going through a fairly turbulent period. Let’s take a look at what’s happening during this time.

The first thing that sent the market into a frenzy was a geopolitical event involving major powers. When a key strait was announced to be closed after peace negotiations failed, oil prices surged by more than 9 percent to hit 105 dollars per barrel within just half an hour. But Bitcoin ran into strong selling pressure and fell to 70,600 dollars. Investors fled to cash to prepare for the uncertainty ahead. What’s noteworthy is that if you look from the point when the conflict began to escalate, Bitcoin still managed a gain of about 7 percent—outperforming both the S&P 500 and gold. This shows that there is still a group of large capital investors that views crypto as a safe-haven asset in wartime conditions.

So what is Strategy company’s Saylor doing? He is continuously buying Bitcoin into his portfolio—even though the price has just pulled back from its peak. They now hold more than 766,000 coins, with an average cost basis of 75,644 dollars. This means they are carrying an unrealized loss of nearly 145 billion dollars. But Saylor himself believes the usual market cycle is already over, and future Bitcoin prices will be driven mainly by massive capital inflows from financial institutions. This is an extremely challenging long-term chess move, because Strategy is snapping up coins at nearly three times the pace at which miners can produce them. If a real supply contraction actually occurs, Bitcoin’s price could explode dramatically in the future.

In Europe, things aren’t easy either. The European Central Bank is pushing to consolidate oversight of large crypto companies under the European Union’s financial market regulator. Since the MiCA law took effect, companies have been registering in jurisdictions with more friendly regulations, such as Malta, Luxembourg, or Ireland. This move is intended to prevent risk from the crypto market from spilling over and damaging the traditional banking system. But the consequence is that crypto companies will have a much tougher time operating in Europe.

And to cap it all off, there’s another hot controversy. Tron’s founder came out to sharply criticize the World Liberty Financial project. He pointed out that the vote to lock tokens is controlled by only a few wallets, and that the project is turning the crypto community into little more than an ATM. The project fired back, saying these are baseless accusations, and threatened to sue. This dispute has made investors lose confidence, triggering a sell-off—WLFI plunged to 0.07 dollars, and it’s now at 0.08 dollars. This case reflects just how highly fragile DeFi projects are when they rely on political reputation. If governance is not transparent and real power is not distributed, community trust can collapse instantly.

The Fear and Greed Index is now at 12, indicating that fear in the market remains very high. Today’s latest crypto news shows that the market is going through a major adjustment phase, and investors need to watch closely for any movements.