Iran is pushing forward with plans to adopt cryptocurrencies for international trade settlements as a way to circumvent U.S. and U.N. sanctions. The strategy was shared at the deBlock Summit, Iran’s first government-backed international blockchain conference, where officials called digital…
Cryptocurrency News
Ethereum price risky pattern nears as supply on exchanges plunge [btcmanager]
Ethereum price crashed to an important support level as its open interest slipped and exchange-traded funds outflows accelerated. Ethereum supply on exchanges has dropped Ethereum (ETH) token dived to the key support at $3,060, down by 35% from its highest…
Will AVAX price rebound as transactions soar ahead of Granite upgrade? [btcmanager]
The AVAX price has crashed to a crucial support level after falling by 72% from its highest point in November as traders wait for the upcoming Avalanche Granite upgrade. Avalanche to activate Granite upgrade Avalanche (AVAX) token was trading at…
Will the crypto market crash or rebound this week? [btcmanager]
The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Ethereum (ETH) and Bitcoin (BTC) prices have dropped in the last three consecutive…
Japan’s FSA plans to classify crypto as financial products, eyes 20% tax rate: Report [cointelegraph]
Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%.
Enterprises don’t need another blockchain, they need one that speaks every language | Opinion [btcmanager]
Once institutions demand blockchain rails that route across multiple networks by default, interoperability becomes the infrastructure itself.
Upbit operator Dunamu posts $165M in profit in Q3, up over 300% YoY [cointelegraph]
Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation.
Saylor denies Bitcoin sale rumors, DOJ convicts North Korean scheme helpers, BitMine names new CEO | Weekly Recap [btcmanager]
In this week’s edition of the weekly recap, Strategy’s Michael Saylor rejected speculation about Bitcoin sales while affirming continued accumulation despite price declines. In other developments, the Justice Department secured multiple convictions for assisting North Korean cryptocurrency operations, and Ethereum…
Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report [cointelegraph]
Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, the mining firm tied to President Trump’s sons.
‘Very wide gap’ between XRP and Solana investor interest: Exec [cointelegraph]
The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive.