News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Iran News
Iran — also known as Persia or, officially, the Islamic Republic of Iran — is a sovereign state in Western Asia. Iran is one of the richest Asian countries, as it is the 18th economy by the volume of national production. In 2017, Bitcoin in Iran was considered as an alternative currency because the government wanted to ban U.S. dollars after the U.S. had imposed a ban on entry for seven Arabic states, including Iran. However, according to Iran’s Bitcoin regulation which were issued in 2017, work with cryptocurrency is prohibited for all financial establishments and exchanges. According to Iran’s central bank, cryptocurrency is used for the financing of terrorism, money laundering and making transactions between the criminals.
- Price Analysis
Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range.
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Strategy co-founder Michael Saylor hinted the company would purchase more Bitcoin on Monday when traditional financial markets open.
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While the index remains in the “Greed” zone if history repeats following last year’s Israel-Iran tensions, it may decline into “Fear” in the coming weeks.
6781 - Markets News
Bitcoin’s flash crash could be followed by a 64% rally if historical data rings true again.
7573 - Price Analysis
Dip buyers stepped in to absorb this week’s downside in Bitcoin and select altcoins.
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Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade.
12082 - Market Analysis
One analyst spots a bullish fractal driven by 2024-like liquidity grabs, hinting that Bitcoin may breakout toward new all-time highs.
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Jan3 founder Samson Mow tells GameStop CEO, “This is where you buy” as Bitcoin’s price tumbled after Israel launched a series of airstrikes on Iran.
4793 - Market Analysis
Escalating tensions in the Middle East and an ominous Bitcoin chart fractal could play a role in sending BTC price back under $100,000.
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A Chainalysis report has revealed that US-sanctioned jurisdictions, including Iran and Russia, moved $15.8 billion in crypto in 2024, with mixing services aiding evasion.
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The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
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As interest in Hamster Kombat declines, PAWS surges, outperforming the once-top Telegram Mini App.
6147972 - Market Analysis
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election.
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The chief of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
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