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Exodus or firewall? Blockchain analysts clash over Iran’s crypto outflows
When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.
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BTC jumps above $71,000, building on resilience to Middle East conflict
Bitcoin BTC$68,503.15 surged Wednesday, underscoring it’s growing resilience to turmoil in the Middle East, while gold, a traditional safe haven, lagged. The leading cryptocurrency by market value rose to $71,023 during the European hours, up over 6% on a 24-hour basis, according to CoinDesk data.… Read More
Trump urges passage of U.S. Clarity Act, attacks banks for ‘undercutting’ GENIUS
U.S. President Donald Trump said bankers are trying to undermine the GENIUS Act — the signature stablecoin legislation he signed into law last year — in a Truth Social post Tuesday, and he urged passage of Congress’ crypto market structure legislation without interference. “The U.S.… Read More
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