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The US-Israeli strikes on Iran's nuclear infrastructure Saturday have drawn attention to a parallel financial system Tehran has built over six years using state-sponsored Bitcoin (BTC) mining and stablecoins to move value outside dollar-controlled banking rails. Blockchain analytics firm Chainalysis

Bitcoin (BTC) staged a rapid recovery on Saturday after an early plunge sparked by reports of U.S. military strikes on Iran, reversing its losses and returning to positive territory as market sentiment stabilized. The cryptocurrency dropped to an intraday low near $63,176 during the initial wave of

Mark Karpelès, the former CEO of collapsed exchange Mt. Gox, submitted a pull request to Bitcoin (BTC) Core over the weekend proposing a hard fork that would redirect 79,956 BTC - frozen at a single address since 2011 and worth approximately $5 billion at current prices - to a Mt. Gox trustee recove

Two key derivatives metrics tracked by CryptoQuant suggest Bitcoin's (BTC) current drawdown is mid-cycle deleveraging rather than a capitulation bottom: CME open interest has fallen 47% from its 2025 peak, and the futures basis curve - which measures demand for leveraged long exposure - remains in a

The cryptocurrency market shed approximately $70 billion in total capitalization in a single hour Saturday morning as news of US and Israeli strikes on Iran's nuclear facilities spread across trading desks. Total market cap fell from roughly $2.24 trillion to $2.17 trillion between 7 and 8 a.m. UTC,