Bitcoin Price Plunges Below $60K On Iran’s Explosions Report
The price of Bitcoin (BTC) fell back below $60K on Friday following reports of explosions occurring close to the airport in Isfahan, a city in Iran. The report comes from…
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Crypto market shows resilience as Iran-Israel tension escalates
The crypto market has rebounded after escalating Iran-Israel tensions triggered sharp declines, with Bitcoin and other tokens showing recovery. The post Crypto market shows resilience as Iran-Israel tension escalates appeared…
Peter Schiff Takes a Dig at Bitcoin as BTC Price Tumbles Amid Rising Iran-Israel Tension
While the past several weekends went quite calmly for Bitcoin and the entire crypto market, this time, things are significantly different. Whether propelled by yesterday’s announcements by a few presidents…
Senator Tim Scott accuses Biden admin of using crypto as ‘scapegoat’ on illicit finance
Senator Tim Scott accused the Biden administration of using crypto as a "scapegoat" to mask failures in halting illicit finance.
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues…
US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen,…
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to…
Iran and Russia want to issue new stablecoin backed by gold
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
Iran court orders the release of seized crypto mining equipment
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.
Iran Returns Seized Crypto Mining Equipment to Miners
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to…
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