Markets Tumble as Trump Threatens Iran, Drift Protocol Loses $285M

President Trump's escalation speech sends crypto markets reeling, with Bitcoin falling below $67,000 and Ethereum dropping over 4%. Oil prices surge above $106 as Trump threatens to hit Iran extremely hard over the next two to three weeks, crushing hopes of a quick ceasefire. Meanwhile, Solana's Drift Protocol suffers a devastating $285 million exploit through compromised admin access, marking one of the largest DeFi hacks in recent memory. We also cover institutional moves reshaping the crypto landscape: Franklin Templeton launches a dedicated crypto division, Moody's assigns Bitcoin's first-ever bond rating, and spot Bitcoin ETFs finally break a four-month losing streak. Plus, regulatory clarity moves forward as the CFTC chair backs blockchain modernization and prediction markets gain Wall Street attention with JPMorgan signaling entry plans.