Tag

Cryptocurrency

All articles tagged with #cryptocurrency

Trump warns Iran to halt Hormuz tanker fees amid fragile ceasefire
world1 day ago

Trump warns Iran to halt Hormuz tanker fees amid fragile ceasefire

Trump posted on Truth Social demanding Iran stop charging fees for oil-tanker traffic through the Strait of Hormuz, risking a fragile two-week ceasefire that required the complete, immediate, and safe reopening of the strait. The strait channels about 20% of global oil; Iran reportedly plans to levy fees paid in cryptocurrency, while the U.S. pursues a temporary halt to hostilities contingent on Hormuz’s opening. Trump also framed oil flow as continuing with or without Iran and criticized media coverage.

NYT Probe Links Adam Back to Satoshi Nakamoto, but Back Denies It
cryptocurrency1 day ago

NYT Probe Links Adam Back to Satoshi Nakamoto, but Back Denies It

A New York Times investigation reignites the Satoshi Nakamoto mystery by suggesting Adam Back could be Bitcoin’s creator; Back denies the claim, calling it confirmation bias and noting similarities in cryptography work are common among experts. The true identity remains unknown, a fact many in the crypto world regard as part of Bitcoin’s enduring lore.

XRP Faces a Heavy Wall at $1.76 Before Any Breakout
markets26 days ago

XRP Faces a Heavy Wall at $1.76 Before Any Breakout

XRP remains around $1.40 and is stuck beneath a heavy $1.76–$1.80 resistance as about 1.85 billion XRP bought near that level sits underwater. With roughly 60% of circulating supply held below the $1.44 average cost, underwater holders could add selling pressure on rallies, making a breakout reliant on renewed buying (including ETF inflows) and potential catalysts like Bitcoin’s rally or regulatory clarity. If $1.76 holds, the price could drift toward $1.35–$1.40; a break on strong volume could open the path to $1.85, $2.00, and around $2.08.

Binance Battles WSJ as DOJ Probes Iran Sanctions Ties
business29 days ago

Binance Battles WSJ as DOJ Probes Iran Sanctions Ties

U.S. authorities are probing Binance for possible sanctions violations tied to Iranian crypto activity; Binance denies the claims and has sued the Wall Street Journal for defamation, asserting its internal investigation continued. The Journal and NYT report investigators sought evidence and witnesses, with the DOJ inquiry and a separate Senate probe ongoing. The case follows a prior $4.3 billion settlement over AML/sanctions violations related to CEO Changpeng Zhao, who was later pardoned by Trump.

US government iPhone-hacking toolkit leaks into the wild, fueling espionage and crypto theft
security1 month ago

US government iPhone-hacking toolkit leaks into the wild, fueling espionage and crypto theft

Google and iVerify describe Coruna, a highly sophisticated iPhone-hacking toolkit that uses 23 iOS vulnerabilities to silently install malware when a user visits a compromised website. Traced through campaigns—from a suspected US-government origin to a Russian espionage operation in Ukraine and later to a for-profit crypto-theft campaign—it appears tens of thousands of devices may already be infected, with Apple patching related flaws in iOS updates.

Bitcoin Could Hit $500,000 as Institutions Embrace Digital Gold
business1 month ago

Bitcoin Could Hit $500,000 as Institutions Embrace Digital Gold

Bullish Wall Street voices see a multi-year surge for Bitcoin: Standard Chartered’s Geoff Kendrick maintains a path to $500,000 by 2030 (with a $100,000 level anticipated this year), while Ark Invest’s Cathie Wood has called for targets up to $710,000 by 2030. The case hinges on Bitcoin acting as digital gold and drawing more institutional investment via ETFs, though near-term volatility and ETF outflows suggest timing could be uncertain; a parity with gold implies a potential much higher price, but these are long-term projections from analysts, not guaranteed investments.

Bitcoin Rebounds After Geo-Political Shock: BTC recovers to around $65k as US-Israel strike Iran roils markets
markets1 month ago

Bitcoin Rebounds After Geo-Political Shock: BTC recovers to around $65k as US-Israel strike Iran roils markets

Bitcoin briefly fell from about $65,572 to $63,176 overnight after the US and Israel began major combat operations in Iran, but has since rebounded to around $65,051. Ethereum and other major altcoins also slid and then recovered. Crypto liquidations surged to roughly $490 million in the last 24 hours, led by Bitcoin and Ethereum longs. BTC sits about 23% lower than its month-ago level and roughly 50% below its all-time high, with geopolitical turmoil continuing to impact crypto markets.