U.S. prosecutors are seeking to seize $61 million in cryptocurrency allegedly connected to Irans black-market oil trade and military financing, according to a civil forfeiture complaint filed Monday by the Department of Justice (DOJ). The DOJ alleges the crypto proceeds were intended to benefit the Iranian government and military organizations, including the Islamic Revolutionary Guard Corps (IRGC), which the United States designates as a terrorist organization. Deputy U.S. Attorney Sean S. Buckley said the action reflects Washingtons efforts to cut off illicit funding used by Iran and its...

Bitcoin fell below $78,000 on Tuesday, reversing part of Mondays rally as uncertainty surrounding the U.S. Clarity Act and another rise in oil prices weighed on the broader cryptocurrency market. Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, slipped to around $77,800 after climbing above $79,000 on Monday. Major altcoins followed the decline, with XRP retreating to $1.42 after reaching $1.49, while Ethereum (ETH) and Solana (SOL) also moved lower. Despite the pullback, XRP remained positioned to potentially form a bullish golden crossover. Crypto market sentiment...

Solana has significantly expanded the amount of data developers can include in a single blockchain transaction, opening the door to more complex trades, multi-signature wallets and privacy-focused applications. The Solana Transaction V1 format went live Tuesday at approximately 01:00 UTC, according to the Solana Foundation. The upgrade increases the maximum transaction size to 4,096 bytes from the previous 1,232-byte limit, more than tripling the networks capacity per transaction. The change addresses a longstanding Solana blockchain limitation that forced developers to compress complicated...

Grayscale has introduced a model portfolio that gives XRP a substantial allocation while excluding Bitcoin, offering financial advisors a ready-made approach to digital asset investing through the firms exchange-traded funds. A model portfolio provides predetermined assets and allocation weights that advisors can replicate across client accounts. Grayscale manages the portfolio composition and rebalances the allocations every three months. As of August 31, Grayscales Next Gen model contained seven funds. Ethereum held the largest allocation at 42.34%, followed by XRP at 26.11% and Solana at...

Bitcoin price climbed back above $78,000 as traders reacted to conflicting signals from President Donald Trump and Iran over the ongoing US-Iran war. BTC reached an intraday high of $78,940, recovering alongside U.S. equities despite continued geopolitical uncertainty and elevated oil prices. The Bitcoin rebound accelerated during U.S. trading hours after Trump said Iran was interested in reaching an agreement and Washington remained open to negotiations. In a Truth Social post, the president claimed Tehran wanted a deal, as quickly as possible, as badly as possible. Risk sentiment also...

Dogecoin price traded near $0.0848 as rising derivatives activity and an improving technical setup kept the $0.093 resistance target in focus. DOGE gained about 1% on September 14 as the broader crypto market rose 1.32% to $2.65 trillion. Bitcoin traded near $78,905, Ethereum hovered around $2,532, and XRP reached $1.44 as investors positioned ahead of the Senates CLARITY Act vote and Wednesdays Federal Reserve decision. A crypto analyst identified $0.093 as Dogecoins next major upside target based on its four-hour chart. DOGE recently recorded a second rebound from the lower boundary of an...

Bitcoin traded near $78,700 on Monday, September 14, while XRP hovered around $1.41 as investors positioned for a crucial week of U.S. regulatory and monetary policy developments. The broader crypto market gained 1.32% over 24 hours to $2.65 trillion, supported largely by optimism surrounding the CLARITY Act. The U.S. Senate is expected to consider a cloture motion on the CLARITY Act from 2:15 p.m. ET on Tuesday, September 15. The procedural step generally requires 60 votes and, if successful, would advance the crypto market structure bill toward broader Senate debate rather than immediately...

Bitcoin could be preparing for another major rally after a closely watched BTC miner indicator flashed a buy signal with a historically strong track record. Crypto and macro research firm 10X Research said the Bitcoin miner signal has appeared 10 times previously, with eight occurrences producing positive returns. While past performance does not guarantee future gains, the indicators 80% historical success rate has attracted attention as BTC regains bullish momentum. According to 10X Research, the median return following the previous 10 signals was 58.6%, while the average return was...

Coinbase stock (COIN) surged Monday, September 14, as investors positioned for a major week of U.S. monetary policy and crypto regulation. COIN traded at $185.91 at 9:44 a.m. EDT, up $10.65, or 6.08%, from Fridays $175.26 close. Coinbase shares briefly approached $188 after the opening bell before trimming gains. Premarket trading had largely ranged between $175 and $181, making $188 an important near-term resistance level. Attention now turns to the Federal Reserves September meeting. The Fed is scheduled to announce its interest-rate decision on September 16 alongside updated economic...

Senator Cynthia Lummis is urging lawmakers to advance the CLARITY Act, warning that the upcoming Senate vote could represent Congress best chance to establish comprehensive U.S. crypto market structure rules. In a recent op-ed, the Wyoming Republican described the legislation as a bipartisan compromise developed through 12 months of negotiations. Lummis warned that continued regulatory uncertainty could push crypto companies away from the United States toward jurisdictions such as London, Singapore and Abu Dhabi. According to Lummis, the absence of a clear federal framework creates...