Iran Loosens Currency Controls, Embraces Tether and BTC
The shift links stablecoin use and Bitcoin adoption to financial access, putting crypto's payments role under a real-world test.
Market-moving crypto headlines from the last 24 hours.
The shift links stablecoin use and Bitcoin adoption to financial access, putting crypto's payments role under a real-world test.
Moonshot's Kimi rattled markets once before. A formal US accusation of model theft now puts the same lab at the center of a US-China tech escalation while AI and crypto still trade risk-off.
The reported activity puts crypto settlement under a sanctions lens, where public blockchain trails meet the challenge of identifying the entities controlling wallets.
The CEO exit mid-sale is a flag, but the real read is the $2B-to-$200M valuation gap, which is what institutional counterparties now underwrite crypto custody names for this cycle.
The pace keeps Strive on track to overtake Twenty One Capital as the No. 2 public BTC treasury by 2026, but the buy is partly funded by a preferred-stock vehicle the market is still learning how to…
The composition of that OI matters: core crypto perps now dominate again after HIP-3's share slid from 34% to 25%, and a dollar on core perps routes 97% of fees into HYPE buybacks.
A White House mention without any industry coordination is a strong tell that federal regulators are already mapping out how to onboard Hyperliquid under U.S. rules.
Pons's launchpad model is reflexive: roughly 80% of revenue funds buybacks, while more than 28% of PONS supply has been burned.
Open-sourcing the permissioning core removes the single-vendor dependency that kept regulated institutions off permissioned chains, letting the Bundesbank run its own settlement node from public code.
The 90/10 split leaves about $38.32M with Robinhood Chain and sends $4.26M to Arbitrum, giving the new layer-2 a clear early monetization profile.
The equity stakes are priced off Citadel's $20B Crypto.com mark; the real signal is Robinhood's prediction markets out-earning its crypto unit for the first time in Q2, with NFL season and midterms…
It gives institutional adoption a practical benchmark: whether blockchain can improve the speed and efficiency of established cross-border banking workflows.
The probability makes the September decision a live risk-off event for crypto and other rate-sensitive assets.
Same-day flows told the split story: BTC ETFs added $31M while ETH products lost $48M, a daily divergence that maps where institutional conviction is consolidating this cycle.
Robinhood Chain has reached $1.5B in TVL and more than $50B in DEX volume, turning infrastructure growth into a direct earnings stream through trading fees.
The move adds a fresh sell-side signal for ETH, with follow-on whale activity key to judging whether the sale is isolated or part of broader supply pressure.
With 85% of its ETH holdings staked, Bitmine is turning a $14.8B corporate treasury into a yield-bearing position projected to generate $330M in annualized staking revenue.
Friday's CPI measures August, before Tuesday's Houthi strike on Saudi facilities. The Fed enters its Sept. 15-16 meeting without data on the new oil shock, and Bitcoin is already absorbing the risk.
A defeat would prolong uncertainty for US crypto firms and investors, leaving Congress's ability to deliver digital-asset rules as the market's central policy question.
The milestone sharpens the de-dollarization debate and puts foreign demand for US government debt under closer scrutiny.