Iran

Iran war shows markets no longer sleep
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.

Polymarket turns to Chainalysis as insider trading concerns mount
A nonprofit analyzed 435,000 Polymarket contracts and found longshot bets on military outcomes succeed at rates over 50% — five times higher than other political markets. Eight wallets turned $164,000 into $1.8 million in the hours before the June 2025 Iran strike. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Bitcoin rises to $77,000 ahead of Fed decision as Trump preps for lengthy Hormuz block
Bitcoin is sitting almost still while the rest of the majors give back gains and oil pushes above $111 on reports of an extended U.S. naval blockade against Iran.

Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime
Treasury Secretary Scott Bessent said the U.S. is seeking to choke off "all financial lifelines" for the regime.

Trump's Iran ceasefire sends bitcoin past $78K
President Trump extended the Iran ceasefire indefinitely, triggering a bitcoin rally past $78,000 and short-squeeze conditions in crypto markets. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Crypto scammers offer ‘safe passage’ through Hormuz. At least one ship may have been conned.
Marisks, a maritime risk company, alerted ships stranded by the Hormuz blockade to scammers posing as Iranian authorities asking for bitcoin or USDT.

$13B exits DeFi in 48 hours after Kelp DAO's exploit
A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion in deposits. LayerZero attributes the attack to North Korea's Lazarus Group and blames Kelp's single-verifier setup. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Beaten-down digital asset treasury names lead crypto stock surge as bitcoin hits $78,000
Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.

SpaceX holds $603M in bitcoin despite $5B loss
SpaceX holds 8,285 bitcoin worth $603 million despite posting a nearly $5 billion loss for 2025, making it the fourth-largest known corporate bitcoin holder as the company moves toward an IPO. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Bitcoin may be forming a base at $65,000 as 'paper hands' have been flushed out
Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.

