As the rial plunges, middle-class Iranians are bypassing banks and moving billions into the domestic crypto market, with Bitcoin absorbing much of that demand. The shift mirrors Lebanon’s past capital flight and raises fresh regulatory and market questions.
Uzbekistan granted its first official cryptocurrency mining license, ending months of uncertainty and signaling its entry into Central Asia’s growing Bitcoin mining industry. The licensed miner pledged to "build the infrastructure of the future."
El Salvador says it will continue buying Bitcoin despite the market downturn, with Vice President Félix Ulloa calling BTC part of the country's reserve strategy and a hedge against a future without fiat. The government rejected critics who warned of volatility and fiscal risk.
Grayscale has increased its Cardano (ADA) stake as Cardano advances Bitcoin DeFi initiatives, signalling growing institutional appetite beyond BTC. Analysts say the move reflects a broader shift toward diversified crypto exposure.
U.S. PCE inflation came in at 2.9% year-over-year, hotter than expected. Bitcoin fell sharply after the release as markets reassessed the Fed's rate outlook.
Cypherpunk veteran Adam Back, cited in Satoshi’s whitepaper, said Bitcoin will form the future of finance. His statement bolsters a bullish narrative that could influence institutional interest and policy debates around BTC.
Bitcoin is headed for a fifth straight weekly decline as rising Middle East tensions lift the U.S. dollar and sap demand for risk assets, while U.S. stock futures firm ahead of Walmart earnings and upcoming Fed minutes.
Grayscale’s sales desk reports XRP has become the second-most asked-about crypto, a sign investor focus is expanding beyond Bitcoin.
Steak 'n Shake reports same-store sales rose significantly in the nine months since it began accepting Bitcoin and has accumulated roughly 161 BTC, using part of the reserve to pay employee bonuses.
Goldman Sachs CEO David Solomon said he holds little bitcoin and described himself as "an observer" at the World Liberty Forum, adding he’s still working to understand what drives its price. His comments underline ongoing institutional caution around crypto.