Iran | Crypto

Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll. Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war. Key points: Read more

US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to Iran in less than three months, extending Washington's sanctions reach beyond the traditional banking system. On July 14, the US government sanctioned four wallets on the Tron blockchain holding roughly $131 million in USDT. These addresses are linked […] The post US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million appeared first on CryptoSlate.

The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.

Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire. Bitcoin (BTC) stayed below $62,000 after Wednesday’s Wall Street open as US president Donald Trump closing a key world oil route. Key points: Read more

The US Treasury's Office of Foreign Assets Control revoked General License X on July 7, cutting off the authorization that had allowed Iranian crude oil, petrochemical, and petroleum-product transactions through Aug. 21. Its replacement, General License X1, permits only wind-down transactions through 12:01 a.m. ET on July 17. Brent crude settled at $74.16 and WTI […] The post Bitcoin looks calm but a July 17 oil deadline looms as Iran shock sends crude up 5% appeared first on CryptoSlate.

Bitcoin fell, altcoins slid after Trump said the ceasefire with Iran is "over" as U.S. and Iran traded airstrikes.

Major cryptocurrencies are trading in the red as renewed U.S.-Iran airstrikes push oil higher.

Bitcoin cleared $60,000 again the week the Bureau of Labor Statistics reported June payrolls grew by just 57,000, unemployment climbed to 4.2%, and labor-force participation slipped to 61.5%. The dollar index dropped 0.56% to 100.83, September Fed-hike odds fell to 54% from 67%, and Bitcoin is trying to breach $64,000 as of June 6. Stephen […] The post Bitcoin’s $70K path now runs through pump prices as Iran shock fades appeared first on CryptoSlate.

Israeli prosecutors charged a 21-year-old American man with spying for Iran while studying at a seminary in Jerusalem.

Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Bitcoin (BTC) struggled near $60,000 around Monday’s Wall Street open as bulls increasingly risked a support/resistance flip. Key points: Read more

Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil toward its lowest levels since early March. Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves. Key points: Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading. Read more

Iran's foreign minister said negotiations with the US will begin the same day both countries sign a memorandum of understanding, with a 60-day window afterward to resolve the nuclear issue and secure sanctions relief. Bitcoin reacted to the framework itself, a memorandum signed before any of its harder terms were settled. Brent crude fell about […] The post Bitcoin’s Iran rally enters a 60-day test as oil shock fears shift to the Fed appeared first on CryptoSlate.

Bitcoin's current relief rally is built on the back of the framework agreement between the US and Iran to halt their conflict and reopen the Strait of Hormuz, which sent Brent crude down roughly 5% to $82.95 and rippled through every asset that trades on inflation expectations. Bitcoin registered an intraday high of nearly $67,300 […] The post Bitcoin’s Iran rally faces Japan rate test as it weighs 31-year high appeared first on CryptoSlate.

A U.S.-Iran deal pulled oil lower and lifted stocks, but bitcoin's bounce is hesitant. ETF outflows just paused after a record run, and analysts say the market wants the deal signed before pricing it in.

Bitcoin climbed back above $65,000 earlier today, reversing weeks of intense selling pressure after a sudden diplomatic breakthrough between the United States and Iran lifted a major geopolitical cloud over global financial markets. Data from CryptoSlate shows that the flagship digital asset rose more than 3% to reach as high as $65,940, but has since […] The post Bitcoin jumps as Trump’s Iran deal reopens Hormuz – but will Warsh’s first Fed meeting kill the rally? appeared first on CryptoSlate.

US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high. Bitcoin came just shy of $66,000 during Monday morning trading after US President Trump claimed that the US had brokered a peace deal with Iran that would reopen the Strait of Hormuz. “The deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump posted on his Truth Social platform late on Sunday.  “I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” Trump said. “Ships of the World, start your engines. Let the oil flow!” Read more

Crypto analyst Michaël van de Poppe said a peace deal, which would reopen the Strait of Hormuz, would likely send liquidity back to risk-on assets such as cryptocurrencies. US President Donald Trump said a deal to end the fighting between the US and Iran is scheduled to be signed on Sunday, despite officials in Tehran previously casting doubt on the timeline.  “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” said Trump on Truth Social on Saturday.  Read more

A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.

Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data […] The post Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100 appeared first on CryptoSlate.

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