Day: March 3, 2026

Iran Crypto Outflows Rose 700% After US-Israel Attack

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Iran’s top crypto exchange saw a significant spike in crypto withdrawals within minutes of the US and Israel launching strikes in Tehran on Saturday. However, a widespread internet outage curbed additional outflows. In a post on Monday, Elliptic said crypto outflows from the Nobitex exchange surged by more than 700% to over $500,000 within minutes of the first airstrikes, with a chart showing that outflows reached nearly $3 million in a single hour later that day.  Crypto outflows on Nobitex from late February to March 1. Source: Elliptic Elliptic said…

Bloodbath Or Buy-Zone? Bitcoin’s $66K Stagnation Hits The 25% Loss Threshold Historically Tied To Market Bottoms

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Bitcoin has remained in a consolidation phase since its early February breakdown below the $70,000 threshold, oscillating around the mid-$60K region without establishing a clear directional bias. The loss of $70K marked a structural shift in short-term momentum, transitioning the market from trend continuation to range-bound stabilization. While volatility has moderated, underlying stress signals suggest that the correction may not be fully resolved. Related Reading According to a recent report by CryptoQuant analyst Darkfost, Short-Term Holders (STH) are still carrying substantial unrealized losses. With Bitcoin trading near $66,000, this cohort’s…