China News by Thebittimes.Com

Author: Maria Noor Maria Noor is currently working in the field of AI and is also an OSINT freelancer. She writes and publishes news articles in the field of cryptocurrency, helping to develop the new field of crypto journalism. Maria has been involved in a number of cryptocurrency projects using AI. She has a Bachelor’s in Media and Communication from the American University of Beirut (AUB). Amid escalating economic challenges and international sanctions, cryptocurrency users in Iran are becoming increasingly concerned about the security and reliability of centralized exchanges. Reports have emerged that users have faced asset freezes and account blocks on international exchanges due to transactions related to Iranian centralized exchanges like Nobitex. Because of primary and secondary U.S. sanctions, international centralized exchanges are prohibited from providing services to Iranian users. Strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations have made legal a...

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial markets worldwide, with crypto assets taking a significant hit. As news of the missile strikes spread, cryptocurrency markets reacted swiftly. Bitcoin (BTC), the largest cryptocurrency by market capitalization, had dropped to $61,932.92 at press time while Ethereum (ETH), the second largest cryptocurrency, witnessed a 3.42% plunge, with its price dipping below $2,499.30. Altcoins, often more volatile, experienced even steeper declines, with Arweave (AR), Notcoin (NOT), Gala (GALA), and Worldcoin (WLD) dropping by double digits as investors scrambled to offload risky assets. As the market plun...