Iran | Crypto

Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days. Data from CryptoSlate showed that the top cryptocurrency was trading at around $71,185 as of press time, rising 4% […] The post Bitcoin eyes bullish move to $75,000 where the real fight for recovery is decided beyond Iran pause appeared first on CryptoSlate.

Bitcoin moved back above $71,000 after US President Donald Trump postponed Iran strike for five days, sending oil price crashing below $100. Bitcoin (BTC) broke back toward $71,000 during Monday’s European trading session as US President Donald Trump said attacks on Iran’s power infrastructure would be postponed.  Key takeaways: Bitcoin bounces 5% to $71,000 after President Trump said US attacks on Iran's infrastructure would be postponed. Read more

Bitcoin climbed back above $70,000 after President Donald Trump said the United States had held “productive conversations” with Iran and would postpone planned strikes on Iranian power plants and energy infrastructure for five days. In a March 23 post on Truth Social, Trump wrote in capital letters: “BASED ON THE TENOR AND TONE OF THESE […] The post Bitcoin price jumps above $70,000 as US announces shock pause on Iran strikes appeared first on CryptoSlate.

Bitcoin and Asian markets dropped on Monday as Iran escalated threats to strike critical infrastructure in the Gulf. Crypto and the wider markets tumbled on Monday as the US and Iran escalated threats toward one another for the fourth week, sending oil prices seesawing.  US President Donald Trump posted to Truth Social on Sunday that the US would “hit and obliterate” Iranian power plants, “starting with the biggest one first,” if the country didn’t open the Strait of Hormuz within 48 hours. Iran responded by saying it will answer any US strikes on its power or water infrastructure with attacks on US and Israeli assets in the Gulf and threatened to completely close the Strait, one of the world’s vital oil shipping lanes.  Read more

The Pentagon has sent the White House a request for $200 billion in additional funding for the Iran war, a figure that would equal nearly 3 million Bitcoin at current market prices. At Bitcoin’s current price of about $68,600, the request converts to 2,915,451 BTC. That framing does not mean the government is financing the […] The post White House faces Iran war bill that is worth nearly 3 million Bitcoin appeared first on CryptoSlate.

Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise. Gold tumbled another 3.5% to $4,488 per ounce on Friday, marking an 11% fall for the week and the largest weekly loss the precious metal has seen since 1983 as geopolitical instability and uncertainty in the Middle East continue to weigh on the markets. Gold has fallen more than 15% since Feb. 28, when the US and Israel first attacked Iran, erasing part of the rally that pushed its price up to the $5,500 mark in late January and casting doubt on its safe haven status. TradingView confirmed that March 16-20 was gold’s worst-performing week since 1983. The 11% weekly fall was slightly larger than the last week of January, when gold shot up to about $5,320 before diving to $4,650, a drop that saw more than $2 trillion shaved off the precious metal’s market cap in days. Read more

Iran-linked contracts drove prediction market activity higher as the CFTC opened rulemaking and Democrats moved to ban war and death bets. Prediction market activity has climbed sharply as traders flock to contracts tied to the escalating US-Iran conflict, while Washington moves toward clearer federal rules for event contracts and a legislative push to explicitly bar markets tied to war, terrorism and death. Notional trading volume on Polymarket and Kalshi rose to new all-time highs during the week ending Monday, March 9, to $2.49 billion and $2.85 billion, respectively, according to Token Terminal data. The growing activity has pushed the total notional volume across all prediction markets to $145 billion through 2.8 million unique users, data from Dune shows. While the ongoing conflict drives more activity to these platforms, US regulators are seeking public feedback on new prediction market legislation and weighing a potential ban on war and terrorism-related event contracts. Read more

Bitcoin climbed back into the $73,500 to $73,800 resistance band over the weekend, reaching its highest level since the Iran war and Trump tariff turmoil began to shake global markets. The move comes even as crude remains above $100, supply through the Strait of Hormuz has been disrupted, and investors have cut back expectations for […] The post Bitcoin price confirms recovery hitting highest price since start of Iran war and Trump tariff chaos appeared first on CryptoSlate.

Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion. That fundraising chatter is taking […] The post $700M in Iran war bets and $1.2M in suspicious profits push Washington toward prediction-market crackdown appeared first on CryptoSlate.

During the Iran conflict, gold attracted safe-haven demand, while Bitcoin’s reaction reflected liquidity conditions and broader market sentiment rather than acting as a classic crisis hedge. The 2026 Iran conflict created a major geopolitical shock that triggered volatility across global markets. It pushed investors to reassess traditional safe-haven assets such as gold and emerging alternatives like Bitcoin. Gold initially benefited from safe-haven demand but later declined as the US dollar strengthened and bond yields rose. This showed that macroeconomic forces can override crisis-driven buying. Bitcoin experienced volatility but recovered quickly, reflecting its growing role as an alternative asset. However, its price movements remained closely tied to market sentiment and liquidity conditions. Read more

DC Blockchain Summit vs Dubai: Regulatory Divergence The post DC Blockchain Summit Pushes On as Dubai Crypto Events Fall to Iran War appeared first on Cryptonews.

Each escalation in the Iran conflict has been larger than the last, but each bitcoin drawdown has been getting smaller.

Bitcoin has outperformed gold, silver, and major US equity indexes since the US-Israeli attack on Iran began, recovering to over $72,000 even as oil surged above $100 a barrel and traders cut expectations for near-term Federal Reserve easing. According to CryptoSlate data, Bitcoin is up 7.3% since the conflict began and even rallied to a […] The post Bitcoin surges over $72k to outperform gold and stocks since Iran strikes, but one brutal sell wall is looming appeared first on CryptoSlate.

Bitcoin held near $70,000 despite oil price briefly trading around $100 a barrel, a move that would once have pushed crypto sharply lower under the usual macro playbook. According to CryptoSlate's data, the flagship digital asset climbed a modest 0.3% over the last 24 hours, reaching as high as $71,337 before retracing to $69,803 as […] The post Bitcoin set up for rip to $80,000 even as oil prices surge and Iran threatens $200 a barrel appeared first on CryptoSlate.

The United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration told lawmakers this week that the war cost at least $11.3 billion through its first six days, Reuters reported on March […] The post White House admits Iran war burned equivalent of half the US Bitcoin reserve in 6 Days appeared first on CryptoSlate.

BTC traded near $69,500 after failing to hold $71,000 as the Iran war kept markets cautious. AI tokens including ICP, FET outperformed on strong retail demand.

Bitcoin climbed back above $70,000 Tuesday as crude oil staged a sharp reversal, easing near-term fears of accelerating inflation and giving digital asset markets room to recover. According to CryptoSlate's data, the largest digital currency jumped over 5% in the last 24 hours, peaking at around $71,164 after slipping below $68,000 earlier in the session. […] The post Trump says the Iran conflict is “very complete” — oil plunges and Bitcoin snaps back above $70k appeared first on CryptoSlate.

It's been a historic 24 hours for crude oil, which soared to $120 per barrel overnight on Iran worries, but has plunged back to just above $80.

Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […] The post After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action appeared first on CryptoSlate.

The crypto exchange responded to a Senate inquiry over sanctions by claiming that “no Binance account transacted directly with an Iran-based entity.“ Cryptocurrency exchange Binance has officially responded to a February inquiry launched by a group of 11 US senators, largely denying facilitating transactions to Iranian entities and the narrative around employees’ terminations. In a Friday letter to US Senators Richard Blumenthal and Ron Johnson of the Permanent Subcommittee on Investigations, Binance said that an inquiry launched in February into the exchange’s activities was based on reports that were “demonstrably false, unsupported by credible evidence, and defamatory in several material respects.”  The exchange referred to reporting from the Wall Street Journal, New York Times and Fortune, which said that Binance fired employees that reported the company had facilitated more than $1 billion in crypto transactions to entities connected to Iran, called Hexa Whale and Blessed Trust. According to Binance, the...