Posted inCrypto News Regulation US Treasury Sanctions an Iranian Bitcoin Exchange The US Treasury sanctions BitBank, an Iranian exchange accused of moving hundreds of millions in bitcoin to the IRGC and processing Hormuz Safe payments.
Posted inCrypto News Regulation US Prosecutors Freeze $52M on a Telegram Scam Market US prosecutors froze $52M of crypto on Xinbi Guarantee, a Telegram marketplace that had processed $24B for more than 650,000 users.
Posted inBitcoin Crypto News Macroeconomics Bitcoin Hits $75,500, Its Highest Level Since May Bitcoin hits $75,500, its highest level since May. More than $4B of short positions were closed out in two days, including $3B on Thursday alone.
Posted inBitcoin Crypto News Macroeconomics Bitcoin Jumps to $69,749 as Treasury Doubles Bond Buybacks Bitcoin jumps to $69,749 after the US Treasury doubled its long-end debt buybacks, pushing the 30-year yield down nine basis points.
Posted inBitcoin Crypto News Macroeconomics US Treasury: $150B in 8 Days Could Push Bitcoin Even Lower Fund manager Michael Kramer warns the US Treasury will drain $150 billion in 8 days. Bitcoin, already down 11%, is first in line to absorb the impact.