Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Operation Economic Fury The seizures are…
Tag: iran
Iran Launches Missiles At UAE — Bitcoin Price Barely Blinks
A fire broke out at a petroleum facility in Fujairah after Iran launched four ballistic missiles at the UAE, confirming what many feared — the fragile ceasefire between Iran and the US was fracturing in real time. Oil Markets Feel The Burn Brent crude futures jumped more than 4%, hitting an intraday high above $114…
Bitcoin Slips Below Key Holder Cost Basis Ahead Of $1.74B Options Expiry
Bitcoin is trading below a key cost threshold that short-term holders paid to acquire it — a sign that many recent buyers are sitting on losses heading into one of the largest options expiry events of the month. Bitcoin: Bears Hold The Edge Going Into Expiry Glassnode data shows Bitcoin is currently priced under the…
Crypto Markets Rattle As Bitcoin Sinks Under $77K Following Oil Spike
Bitcoin’s technical indicators had just started flashing warning signs when crude oil markets made things worse. The MACD histogram turned red — a signal that buying pressure was fading — right as West Texas Intermediate crude surged past $104 a barrel, rattling risk assets across the board. Bitcoin Gives Back Recent Gains BTC had clawed…
Bitcoin Pulls Back Below $74K As Iran Tensions Rise Again
The Crypto Fear & Greed Index crept up two points to 29 out of 100 on Monday — its highest reading since late January — but that number still signals fear among Bitcoin investors. Markets had barely settled from a rough weekend before the index was being watched again as a barometer of just how…
Bitcoin $50K Bottom Call Faces Pushback As Price Nears $75K
Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. A Different Kind Of Cycle…
Hope For Iran Deal Sparks Risk-On Rally, Bitcoin Nears $75K
A wave of forced liquidations swept through crypto markets on Tuesday as traders who had bet against Bitcoin and Ether were caught off guard by a sharp price surge tied to hopes of a US-Iran agreement. Around 80% of the $530 million in total liquidations over 24 hours — roughly $425 million — came from…
XRP Eyes $17 After Massive Breakout—Is A 1,100% Surge Next?
Some XRP watchers are not waiting for a dip below $1. They are looking the other way — toward $17. The Pattern Behind The Price Target Market analyst Javon Marks has mapped out a long-term bull case for XRP using a measured move — a method that takes the size of a past rally and…
Iran’s Crypto Mining Sector Hit Hard As Hashrate Drops Nearly 80%
The US, Russia and China together control over 65% of global Bitcoin hashrate, a reminder that mining power remains heavily concentrated even as local shocks push smaller markets up and down. In that mix, Iran has seen a sharp fall. Its hashrate dropped about 77% in the past quarter, to roughly 2 EH/s, after months…
Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses
West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 —…