US-Iran War Sparks Crypto Fear, But XRP Stands Out
US-Israeli strikes on Iran over the weekend have pushed geopolitical risk back to the center of crypto markets, but in CryptoInsightUK’s latest weekly note, the immediate takeaway for XRP is not simple downside. Founder Will Taylor argues that the first shock may be arriving at a moment when bearish positioning is already crowded, creating conditions where XRP could hold up better than Bitcoin and Ethereum if the market absorbs the news without fresh breakdowns. Writing in the Week 184 edition of The Weekly Insight, Taylor framed the conflict first as a volatility event. “There could be....
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Bitcoin moved back above $72,000 after US President Donald Trump said he would pause military action against Iran for two weeks, a shift that quickly eased pressure across markets. Related Reading: North Korean Agents Have Been Inside DeFi For Nearly A Decade, Researcher Says The move came after days of rising tension and landed just […]
The Crypto Fear & Greed Index crept up two points to 29 out of 100 on Monday — its highest reading since late January — but that number still signals fear among Bitcoin investors. Related Reading: Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy Markets had barely settled from a rough weekend before the index was being watched again as a barometer of just how shaky confidence remains in the crypto space. That unease has a clear cause. A two-week ceasefire between the US and Iran, which had given financial markets a brief lift and helped keep oil prices in check, is now....
A serious power crisis is what Iran is currently going through, and an unprecedented heatwave only serves to further deteriorate the situation. In a bizarre bid to crack down on this issue, the government of Iran has just announced a $20 bounty for citizens to act as informants on illegal cryptocurrency mining operations within the […]
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates.
Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country
Iran’s Ministry of Energy has changed certain crypto mining regulations to ease access to renewable power for entities authorized to mint digital currencies in the Islamic Republic.
A recently issued decree relieves miners from the....
According to a news report by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries. Regulators Have Issued Thousands Of Licenses For Mining According to a tweet from news organization Iran International, Iran’s Central Bank announced a Cabinet decision on Wednesday requiring […]