Iran | Crypto

Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.  Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday.  Read more

The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February. The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system. The Treasury said on Tuesday that it added crypto exchanges Wallex, Bitpin and Ramzinex to the Office of Foreign Assets Control’s sanction list, prohibiting US businesses and persons from providing services to those platforms. “While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country,” said Treasury Secretary Scott Bessent. Read more

From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin's weekly chart is now […] The post Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path appeared first on CryptoSlate.

Bitcoin price headed below $72,000 on Iran woes as US President Donald Trump told observers to "sit back and relax" with a ceasefire still unresolved. Bitcoin (BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves. News of strikes on Iranian targets keep the Middle East conflict firmly on the radar as a source of crypto market volatility this week. Exchanges of fire meant that BTC price action quickly came under pressure following the monthly close, dropping below $73,000. Read more

reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve framework Bessent added the authorities “just outright grabbed the wallets,” with CBS reporting he also described the assets as money […] The post The US says it grabbed Iran’s crypto in a $1B seizure – will it end up in Trump’s Bitcoin Reserve? appeared first on CryptoSlate.

The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks. Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran. The US ​military carried out new strikes late on Wednesday targeting ‌an Iranian military site and shooting down four Iranian attack drones, which a ​US official told Reuters posed a threat around the Strait of Hormuz. “These actions were measured, ‌purely ⁠defensive, and intended to maintain the ceasefire,” the official said. Iran’s Islamic Revolutionary Guard Corps reportedly released a statement saying that it has retaliated by attacking a US airbase in Kuwait. Read more

Bitcoin failed to copy US stocks' upside after a spike to $78,000 became one of a series of liquidity grabs. Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Read more

Bitcoin has taken a minor dip as the US resumed airstrikes on Iran despite hopes of a de-escalation.

Bitcoin traders predicted a short squeeze to $80,000, but a lack of overall demand and the return of leverage sparked warnings of more liquidation events to come. Bitcoin (BTC) starts the final week of May with traders optimistic about an $80,000 rebound — will it end up as a liquidity grab? Bitcoin price action struggled over the weekend, dipping below $75,000 to its lowest levels since mid-April, per data from TradingView. A rebound then brought $77,000 back into focus in line with optimism around a US-Iran peace deal. Read more

US President Donald Trump posted on Truth Social that final details of a deal with Iran are currently being discussed, giving crypto markets a lift. Crypto markets have recovered around $75 billion in value after US President Donald Trump said on Saturday that a peace agreement with Iran was imminent. Trump said in a post to his Truth Social platform on Saturday that a deal has been “largely negotiated” between the US and Iran, along with Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan and Bahrain. “An agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other countries,” Trump said. Read more

"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.

“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine. The United States Senate has voted to advance a resolution that could force US President Donald Trump to seek congressional authorization to continue the country's war with Iran. The vote on a procedural war-powers measure on Tuesday passed by 50 to 47, with four Republicans also voting in favor, according to Reuters.  Policymakers have been arguing that Congress, not the president, should have the power to send troops to war, as spelled out in the US Constitution.  Read more

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows. Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Read more

Bitcoin analysis says BTC price could revisit the $65,000 demand area after fresh US-Iran war tensions soured the crypto market mood. Bitcoin (BTC) dropped to $76,000 during the early Asian trading hours on Monday as US-Iran tensions resurfaced.  Key takeaways Data from TradingView showed BTC price dropped as much as 7% over the last three days to three-week lows of $76,500, erasing all the gains made since May 1.  Read more

Bitcoin and ether sank after the U.S. president told Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.

Law firm Gerstein Harrow LLP is attempting to claim frozen cryptocurrency funds for claimants of unrelated judgments stretching back decades. Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to hand over more than $344 million in frozen USDt linked to Iranian entities. The motion claims that the plaintiffs are owed more than $532 million in compensatory damages and more than $1.8 billion in punitive damages from acts of “terrorism committed or sponsored by Iran,” stretching back more than 25 years.  The latest filing is part of a broader lawsuit against North Korea (DPRK) and Iran, attempting to claim and redistribute digital assets as compensation for victims of various and unrelated judgments tied to state-sponsored violence, drawing criticism from the crypto community. Read more

The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.

Arkham’s new map links OFAC‑sanctioned Tron wallets to Iran’s central bank, putting Tehran’s alleged onchain reserves and counterparties in full public view. Blockchain analytics platform Arkham has published what it says is a public, onchain map of crypto wallets attributed to Iran’s central bank, making a pair of US-sanctioned Tron addresses publicly searchable for investigators and the wider public. The move could increase scrutiny of how Iranian-linked entities use stablecoins and blockchain networks to move funds outside traditional banking rails, as US authorities intensify sanctions enforcement tied to terrorism financing and oil revenues. Arkham’s May 11 research post groups the wallets into a Central Bank of Iran entity page and explorer, which the firm says can be used as a starting point to trace connected addresses and flows. Read more

A prominent figure from the Washington foreign-policy establishment has said openly what markets have been pricing in fragments: the United States has likely suffered a strategic defeat in Iran, and the failure runs through the Strait of Hormuz. Accepting this premise would introduce a new macro risk for Bitcoin. The warning comes from an article […] The post Washington insider warns US defeat in Iran now “likely” – adding a new macro risk for Bitcoin appeared first on CryptoSlate.

10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week. Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East.  “I don’t like it — TOTALLY UNACCEPTABLE," Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran has previously requested that the US pay for war reparations and unfreeze blocked Iranian financial assets. Bitcoin (BTC) fell from $81,430 to $80,520 within 45 minutes of Trump’s post before whipsawing nearly 2.3% to $82,347 less than three hours later, according to CoinGecko data. Bitcoin’s rise also resulted in nearly $64 million worth of short positions being wiped out over the last four hours, according to CoinGlass data. Read more