Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.
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The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.
Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike, but remains about 4% lower on the week, while ether has lost 9%.
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.
Trump on Sunday didn’t rule out additional strikes on Iran before the midterm elections, even as he said the war could end soon.
WTI crude oil drops to $89 as reports suggest Iran could reopen the Strait of Hormuz within seven days.
Bitcoin held steady despite a broader risk-off move after the first U.S. strikes against Iran for weeks sent oil higher and stocks lower. The cryptocurrency has gained 24% this month.
Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.
ETH outperforms BTC, hinting at potential altcoin rally, as the U.S. and Iran hold fire and oil drops.
The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again.
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.
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.
A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.
"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.
Bitcoin and ether sank after the U.S. president told Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Crypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a hawkish Bank of Japan.
The S&P 500 and Nasdaq gave back their early morning gains alongside BTC as markets digested the Fed Chair nominee's Senate confirmation hearing and report of stalled Iran talks.
Bitcoin traded at $74,335 after Iran reimposed controls on the Strait of Hormuz over the weekend, with the modest 1.6% pullback standing out against a 5.7% jump in Brent and a 1.2% drop in European equity futures.
One of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight. Saturday afternoon as Iran reportedly reversed the Hormuz reopening.