hodler

2 Jun 2026, 20:28

US Treasury Cracks Down On Crypto Ties To Iran: 4 Exchanges Receive New Sanctions

The US Treasury has announced a new round of Iran-related sanctions targeting crypto channels used to move value across borders, with Treasury officials arguing that Iran has turned to digital asset tools to bypass restrictions and maintain access to international funds. New Iran Sanctions On Crypto Exchanges The Treasury’s Office of Foreign Assets Control (OFAC) said Tuesday it designated Nobitex, described as Iran’s largest digital asset exchange, along with three other Iranian exchanges, as part of an initiative branded “Economic Fury.” The Treasury positioned the designations as part of the Trump administration’s broader effort to reduce what officials call the threat posed by the Iranian regime. According to the OFAC release, Nobitex provided substantial assistance to the regime by processing more than half of all Iranian digital asset inflows in 2025. Treasury officials also said the platform facilitated payments tied to Iran’s terrorist activities, sanctions evasion efforts, and transactions linked to the Islamic Revolutionary Guard Corps (IRGC). In addition, Treasury claims Nobitex helped the Central Bank of Iran access “hundreds of millions of dollars” in stablecoins, which were used to support the plummeting value of the Iranian rial. The exchange, the release adds, also enabled regime insiders to reach international digital asset exchanges and evade sanctions across multiple jurisdictions. Binance Pushes Back In remarks tied to the announcement, Treasury Secretary Scott Bessent said Iran’s economy is “in free fall,” but that the regime has nevertheless sought to “co-opt digital asset technologies” for what he described as a corrupt agenda—specifically to evade US sanctions. Bessent concluded his comments by saying that the Treasury intends to keep “following the money” to stop the regime from developing a nuclear weapon. He said this approach would extend beyond the traditional banking system and reach “through digital assets” as well. While the OFAC designations focused on Iranian exchanges, scrutiny has been spreading beyond Iran’s borders. Bitcoinist previously reported that attention has also rippled to Binance, the world’s largest cryptocurrency exchange. In a February 24 letter to Binance co-CEO Richard Teng, Senator Richard Blumenthal cited reports suggesting the company enabled “large-scale violations” of US and international sanctions involving Iran. Blumenthal wrote that Binance appeared to have ignored warnings and recommendations intended to prevent Iranian money-laundering schemes. He alleged that the crypto exchange allowed approximately $1.7 billion in transfers connected to Iran. Binance, for its part, rejected the allegations ahead of the senator’s inquiry. In a statement dated February 22, the company said it conducted an internal review and found “no evidence of violations of applicable sanctions laws.” Featured image created with OpenArt; chart from TradingView.com

2 Jun 2026, 20:23

XRP monthly RSI drops below 43 for fourth time in 13 years

🚨 XRP’s monthly RSI fell below 43 for only the fourth time in 13 years. The drop follows a 43.9% slump in $XRP value since the start of 2024. 📉 This rare signal previously aligned with major price trend resets in XRP. Continue Reading: XRP monthly RSI drops below 43 for fourth time in 13 years The post XRP monthly RSI drops below 43 for fourth time in 13 years appeared first on COINTURK NEWS .

2 Jun 2026, 20:20

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

Crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak to 15 trading days. Yet XRP and HYPE ETFs again attracted fresh capital, showing that investors are still making selective bets beyond the largest crypto assets. XRP ETFs

2 Jun 2026, 20:19

Crypto In 401(k)s: Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal

Democrats in Congress are pressing back against a US Department of Labor (DOL) proposal that could significantly expand how Americans can use 401(k) retirement accounts—particularly by allowing allocations to crypto assets. In a letter shared with The Guardian, Senator Bernie Sanders, Senator Elizabeth Warren, and House education and workforce committee ranking member Bobby Scott of Virginia said the proposal would place an estimated $14.2 trillion in 401(k) savings at risk. They also warned that the change likely would not survive a court challenge. The Fight Over Crypto Access In Retirement Plans According to the letter, the proposal would “strip long-held investor protections from retirement savers” and encourage “more risky, complex, and expensive investments.” The lawmakers called it harmful to American workers, pointing to the way these alternative assets can behave during market stress. They argue that extreme price swings are not a hypothetical risk but a known feature of the crypto market and other private-market products. Related Reading: Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next Beyond price volatility, the lawmakers warned that the change could mean higher costs. They said the rule could expose workers to higher fees and erode long-term returns. Those concerns have also been echoed by regulators and watchdog groups. The Financial Industry Regulatory Authority (Finra) has cautioned that crypto investments “have experienced higher levels of volatility relative to more traditional investment assets” and that “the risk of losing all of your investment is significant.” In addition, the FBI reported that cryptocurrency fraud complaints are among the highest-loss categories in cyber-enabled fraud. The bureau said Americans reported more than $11 billion in losses in 2025, underscoring what Democrats describe as another layer of danger beyond market swings. Critics See Conflict Of Interest Democrats also raised questions about political and financial connections. They pointed to alleged links between the crypto industry and President Donald Trump, arguing the proposal could present a conflict of interest. The Trump administration, however, has defended the approach as a way to expand investment choices. In a statement, the labor secretary’s acting counterpart, Keith Sonderling, said: The department’s days of picking winners and losers are over. Our rule clearly spells out that managers must evaluate any and all potential product offerings by following a prudent process. Related Reading: Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan Treasury Secretary Scott Bessent similarly argued the move advances the administration’s broader goals, adding that the Treasury Department is “proud of this rule-making effort,” describing it as another step toward President Trump’s “Golden Age.” Featured image created with OpenArt; chart from TradingView.com

2 Jun 2026, 20:09

Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users

Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.

2 Jun 2026, 20:05

AMP Price Prediction 2025, 2026 – 2030: Can the Flexa Collateral Token Reach $0.050?

BitcoinWorld AMP Price Prediction 2025, 2026 – 2030: Can the Flexa Collateral Token Reach $0.050? AMP, the digital collateral token powering the Flexa payment network, has attracted attention from both retail and institutional investors for its unique role in enabling instant, fraud-resistant cryptocurrency transactions. As the market cycles through 2025 and looks toward 2030, the question of whether AMP can reach the $0.050 mark remains a central point of analysis. This article provides a data-driven, editorial examination of AMP’s price trajectory, focusing on its underlying utility, market conditions, and long-term adoption factors. Understanding AMP’s Core Utility and Market Position AMP functions as collateral within the Flexa network, securing payments and reducing counterparty risk. Unlike many speculative tokens, AMP’s value is directly tied to transaction volume on the Flexa platform. As of early 2025, Flexa has expanded its merchant integrations, including partnerships with major retailers and point-of-sale providers. This real-world utility provides a fundamental floor for valuation, distinct from purely sentiment-driven assets. The token’s total supply is capped at 100 billion, with a significant portion already in circulation, which influences supply-side dynamics. Price Analysis: 2025 to 2026 Outlook In 2025, AMP has traded within a range reflecting broader market recovery and specific network growth. Analysts project that if Flexa continues to onboard merchants and process increasing transaction volumes, AMP could test resistance levels around $0.025 to $0.035 by late 2025. The key catalyst for reaching $0.050 in this timeframe would be a significant acceleration in mainstream retail adoption of Flexa’s payment solutions, possibly driven by partnerships with large e-commerce platforms or integration with stablecoin payment rails. However, macroeconomic headwinds, regulatory clarity around digital asset collateral, and competition from other payment networks could cap upside. Key Factors for 2025-2026 Adoption metrics: Monthly active merchants and transaction value on Flexa directly impact AMP demand. Regulatory environment: Clear U.S. and EU frameworks for collateral tokens could boost institutional participation. Market sentiment: Broader crypto bull or bear cycles will influence risk-on asset valuations. Token supply: Ongoing release of locked tokens may create selling pressure if not absorbed by demand. Long-Term Projections: 2027 to 2030 Looking toward 2030, the $0.050 target becomes more plausible if Flexa achieves its vision of becoming a standard settlement layer for digital payments. In a scenario where global cryptocurrency transaction volumes reach $10 trillion annually, AMP’s collateral requirements could drive significant price appreciation. Some models suggest that if Flexa captures even 1% of global e-commerce transactions, AMP could trade between $0.045 and $0.080 by 2030, depending on token velocity and staking dynamics. Conversely, failure to scale beyond niche adoption or technological disruption from competing protocols could keep prices below $0.020. Why This Matters for Investors AMP offers a differentiated investment thesis compared to general-purpose cryptocurrencies. Its value is not purely speculative but tied to measurable network activity. For readers considering AMP, understanding the difference between price prediction and fundamental valuation is critical. No forecast guarantees future performance, and the $0.050 target depends on execution, market conditions, and regulatory developments. Investors should monitor Flexa’s quarterly adoption reports, network upgrade announcements, and broader payment industry trends. Conclusion AMP’s path to $0.050 is achievable but contingent on sustained adoption of the Flexa network and favorable market conditions. While short-term volatility remains likely, the token’s unique utility as collateral for instant payments provides a foundation for long-term value. As with any cryptocurrency investment, readers should conduct their own research, consider risk tolerance, and avoid relying solely on price predictions. FAQs Q1: What is the main use case of the AMP token? AMP is used as collateral within the Flexa network to secure and facilitate instant, low-cost cryptocurrency payments. It reduces counterparty risk for merchants and enables faster transaction finality. Q2: Can AMP realistically reach $0.050 by 2030? It is possible if Flexa achieves significant merchant adoption and processes large transaction volumes. However, the target depends on multiple factors including market cycles, regulatory clarity, and competition. Q3: How does AMP’s token supply affect its price? AMP has a fixed maximum supply of 100 billion tokens. A portion is still being released from lockups, which can create selling pressure. Over time, increased demand from network usage may offset this dilution. This post AMP Price Prediction 2025, 2026 – 2030: Can the Flexa Collateral Token Reach $0.050? first appeared on BitcoinWorld .