Tag: News

Crypto’s Overlooked Role As A ‘Pressure Valve’ In Iran

New research from Chainalysis shows cryptocurrencies once again acting as a financial “pressure valve” in Iran during crisis conditions. On-chain data indicates that following the Feb. 28 U.S.–Israeli airstrikes, there was a sharp surge in Bitcoin (CRYPTO: BTC) outflows from Iranian exchanges. Within hours of the news breaking, hourly...
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Eric Trump’s American Bitcoin Expands Mining By 12% But ABTC Plunges 7%

American Bitcoin (NASDAQ:ABTC) purchased 11,298 ASIC miners adding 3.05 exahash per second to expand owned capacity by 12% to 28.1 EH/s, but the stock plunged 7%, breaking below the critical $1 psychological level. The 12% Capacity Expansion The new machines are more efficient at 13.5 joules per terahash compared...
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Bitcoin leverage jumps as open interest spikes near $70k

Bitcoin perpetual open interest posts its largest daily rise since 2025 as BTC stalls below $70k. Bitcoin’s (BTC) derivatives market has shifted into a more fragile configuration after a sudden surge in perpetual futures open interest coincided with a stalled…...
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