CoinEx rejected the accusations that its platform was involved in facilitating transactions for Iranian state-backed organizations following the recent Wall Street Journal report on the matter. According to the report, about $3.84 billion of cryptocurrency inflows related to Iran were identified by investigators as having gone through the platform since
The U.S. Treasury Department’s Office of Foreign Assets Control blacklisted Nobitex and three other Iranian cryptocurrency platforms for allegedly aiding in the funding of terrorism and sanctions evasion. Nobitex is the biggest digital asset exchange in Iran. According to the Treasury Department, Nobitex handled over half of Iran’s digital asset
Users of the crypto prediction market Polymarket reportedly intimidated journalist Emanuel Fabian to modify his story on the Iranian missile attack incident. Fabian reported that a missile had struck an open area in Beit Shemesh. However, there were no casualties in the attack. The story was based on the information
U.S. President Donald Trump said that the war between his country and Iran may come to an end soon. This cites that the military operations are progressing faster than expected. The President made these remarks during a phone interview with Weija Jiang, CBS White House Correspondent. In which he was
Ed Yardeni, an expert from Wall Street, has predicted another 35% crash in U.S. stocks, comprising crypto-associated equities. This comes at the time of surging tensions between the U.S. and Iran as the war carries on to surge. The expert predicted the chances of a stock market crash to 35%
The cryptocurrency ecosystem of Iran is still structurally sound regardless of contracting sharply after the United States and Israeli military strikes, as per a new report published by TRM Labs. On March 2, a published post mentioned that the blockchain analytics company mentioned that transaction volume on Iranian exchanges slipped
The recent U.S.-Iran war update consists of the announcement from President Trump that his country would not retaliate for its airstrike until its objectives are met. The comments led to the crash of the crypto market resuming after the brief recovery. BTC and altcoins have carried on their free fall
Bitcoin’s price has come down due to rising tensions in the Middle East and has stabilized. While the global markets showed signs of fear, Bitcoin’s decline was smaller than expected. Traders are watching the overall sentiment to determine the next bitcoin move. Bitcoin price has fallen to around 63k following
Arthur Hayes, co-founder of BitMEX, said that the present U.S.-Iran conflict could trigger a fresh bullish leg for Bitcoin and other crypto assets. Hayes argues that U.S. military engagement has historically resulted in Federal Reserve rate cuts and that the current tensions may follow a similar cycle. According to Hayes
Bitcoin fell sharply in weekend trading after the United States and Israel launched military strikes on Iran, sending the cryptocurrency close to $63,000. The drop marked a decline of roughly 3% within hours and pushed the asset to its lowest level since early February. The sudden move followed confirmation of
