Cut off From Global Finance, Iran Turns to Bitcoin and Tether
Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions
After its strongest August since 2017, Bitcoin (BTC) has faced renewed volatility in September as hawkish Fed signals and strong jobs data pressure risk assets
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Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions
Despite evidence of long-term holders taking profits and selling into bullish strength, the BTC price continued to hold up well above the $76k demand zone
Glassnode’s seven-day measure fell to 7 basis points from 16 at August’s peak, while overhead holdings barely moved
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