US Treasury Sanctions Over 50 Iran-Linked Entities and Vessels
The US Treasury sanctioned more than 50 Iran-linked entities and vessels, targeting shadow banking networks, oil shipments, and cryptocurrency flows.
Iran Launches Bitcoin-Settled Insurance for Hormuz Shipping
Iran has launched Hormuz Safe, a state-backed maritime insurance platform settled in Bitcoin for cargo transiting the Strait of Hormuz. Officials project more than $10 billion in annual revenue.
DeFi Lending Hack Losses Equal 3 Basis Points of TVL
Non bridge DeFi lending exploits reached $30.9 million over 12 months, equal to 3 basis points of average TVL. Recoveries reduced net losses to 3 basis points.
Bitcoin Suisse Secures Bermuda Licenses for Institutional Crypto Services
Bitcoin Suisse (International) Ltd. has obtained dual regulatory approval in Bermuda to offer digital asset management and investment advisory services to institutional clients.
Banking Groups Escalate Fight Over Stablecoin Yield in Senate Debate
Banking groups have intensified opposition to stablecoin yield provisions in the Senate’s Clarity Act. They warn of potential deposit flight from traditional banks.
Toobit Receives AAA Security Rating From CER.live
Toobit has obtained an AAA security rating from CER.live, placing it among the top 10 exchanges in the platform’s ranking. A recent Proof of Reserves audit confirmed a collateral ratio above 100 percent for key assets.
Ethereum Surges 6.9%, Leading Potential Altcoin Season
In A Nutshell Ethereum [ETH] has recently outshined Bitcoin [BTC] in a 24-hour trading period, marking a significant 6.9% surge compared to Bitcoin’s modest 1% gain. This performance raises questions about the potential onset of an altcoin season, particularly with Ethereum leading the charge. This shift is underscored by a major transaction involving a whale…
Binance Moves $1.9M in SHIB Tokens, Market Stays Stable
In A Nutshell The cryptocurrency exchange Binance has recently made headlines with a substantial transfer of 137 billion Shiba Inu (SHIB) tokens. Despite the sizeable amount, which was valued at over $1.9 million, the SHIB market has shown resilience, with minimal impact observed on its price movements. The reasons behind the transfer remain speculative, as…
Bitcoin Faces $500M Risk Amid Perfect Setup
In A Nutshell Bitcoin is currently positioned in what is described as a “perfect” macroeconomic setup, benefiting from the global increase in the M2 money supply. However, a potential downfall below the $58,000 mark threatens to trigger a significant amount of liquidations, valued at $500 million. This situation arises amidst a backdrop of increasing liquidity…
XRP Surges 22.68% Amid Bearish Sentiment and Speculation
In A Nutshell The digital currency XRP has seen a significant surge in its price by 22.68% over the past week, with a notable increase in trading volume by 46.55%. Despite these positive moves, the overall market sentiment remains bearish, with technical indicators suggesting continued selling pressure. Analysts are cautiously optimistic about XRP’s future, pointing…