Author: Kryptonews

The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country.Blockchain analytics platform Elliptic reported that the Central Bank of Iran (CBI) acquired more than half a billion dollars worth of Tether’s USDt, with indications that the stablecoins were used to prop up the country’s fiat currency.In a Wednesday report, Elliptic said Iran’s central bank had about $507 million in USDt (USDT), the US dollar-pegged stablecoin issued by Tether. According to the platform, it was likely that the bank used the digital assets to address the…

Bonhams ended 2025 with $970 million in global sales, a headline number that, in another year, might have been received as unambiguously good news. Instead, it arrives trailing a thicket of context: a widely circulated Financial Times report on a £213 million pre-tax loss, a change in ownership, and renewed scrutiny of how auction houses account for downturns during a softening market.Still, the topline result marks one of the strongest sales performances in Bonhams’s recent history, bolstered by growth across regions and categories and by an expansion strategy that, while echoing moves made by Sotheby’s and Christie’s, including an focus on private sales,…

Ether (ETH) price saw a daily candle close below $3,000 on Tuesday, but a positive is that data showed large holders were buying throughout the dip. While ETH whale accumulation signals growing confidence, conflicting indicators suggest rising market risk for the altcoin.Key takeaways:ETH whales and institutional investors bought over $130 million in Ether as the price closed below $3,000 on Tuesday.BitMine added more than 92,500 ETH in January, showcasing the growing demand for staking yield.Whales bought the dip as ETH traded below $3,000ETH dropped 7.83% to $2,938 on Tuesday, marking its largest daily correction since November 4, 2025. Despite the…

Ethereum co-founder Vitalik Buterin said he plans to fully recommit to decentralized social media in 2026, arguing that only platforms built on shared, decentralized data layers can foster real competition and support mass communication systems aligned with users’ interests rather than engagement metrics.In a Wednesday post on X, Buterin said he has shifted his activity toward decentralized social platforms this year, noting that every post he has written or read in 2026 has been accessed through Firefly, a multi-client interface that supports X, Lens, Farcaster and Bluesky.“If we want a better society, we need better mass communication tools,” Buterin said,…

The US Senate Agriculture Committee, one of two committees in the chamber considering legislation to establish digital asset market structure, is expected to release its text of the bill by the close of business on Wednesday.Chair John Boozman said last week that the committee would release its version of the Digital Asset Markets Clarity (CLARITY) Act on Wednesday, with a markup hearing scheduled for the following Tuesday. However, the committee had not announced any updates since Coinbase effectively derailed a scheduled markup in the Senate Banking Committee last week by pulling its support for the bill. Some Senate Democrats have reportedly…

A long-dormant Bitcoin wallet from the early days of the network has suddenly become active. On-chain data shows the wallet moved its entire balance after sitting untouched for 13 years. The wallet held 909.38 Bitcoin. At current prices, the transfer is worth about $85 million. Blockchain analytics firm Arkham Intelligence flagged the transaction after the funds moved to a new Bitcoin address. Records show the wallet first received Bitcoin in 2013. At that time, one Bitcoin traded for less than $seven. The total value of the holdings back then was about $6,400. Source: Arkham A Stark Reminder of Bitcoin’s Growth…

Amy Sherald, a painter renowned for her tender portraits of Black American life, has signed with talent agency Creative Artists Agency (CCA), marking the latest high-profile crossover between the art world and Hollywood.  Sherald rose to national fame in 2018 after being commissioned by former First Lady Michelle Obama to paint her official portrait for the National Portrait Gallery (NPG) in Washington, D.C. The work depicts Obama in grayscale, posed against a pale blue background with her chin resting on her hand, wearing a checkered Milly dress by Michelle Smith’s label that references the quilts of Gee’s Bend. Related Articles…

White House crypto czar David Sacks said banks and crypto companies will ultimately merge into “one digital asset industry” once Congress passes the long-delayed market structure bill.The comments came during an interview on CNBC’s Squawk Box on Wednesday at the World Economic Forum (WEF) in Davos, Switzerland, where Sacks was asked about the negotiations around the proposed CLARITY Act, a market structure bill that has stalled amid debate over whether stablecoin issuers should be permitted to offer yield. David Sacks (middle) speaks during a Squawk Box interview at the World Economic Forum in Davos, Switzerland. Source: CNBCSacks said the yield…

Venturing into the forex world is something that can feel exciting, liberating, and empowering, especially if you choose to use a mobile application. Having the freedom to trade from anywhere can make you feel like you are in control of your destiny, but a word of caution is always needed. To make sure that you optimize your chances of forex success, we need to take a closer look at what it really means to trade on the go. Keep reading, and we will guide you through everything you need to know about the powerful world of MetaTrader 4 Mobile. What is MetaTrader…

US fast-food restaurant chain Steak ’n Shake plans to offer Bitcoin bonuses to hourly employees at company-operated locations, signaling a move to use digital assets as a retention tool.In an X post on Wednesday, the company said hourly employees will be able to collect a Bitcoin (BTC) bonus of $0.21 per worked hour starting March 1, with a two-year vesting period.At $0.21 per hour, a full-time employee working 40 hours a week would earn about $8.40 in Bitcoin per week, or $437 per year based on a standard 52-week schedule. The program is supported by the Fold, a Bitcoin rewards…