Category: Other Crypto News

Iran is Weighing Crypto Tolls for Ships using Strait of Hormuz: Report

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Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency. According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union said empty oil tankers will be able to pass through the Strait of Hormuz without incurring charges, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin…

XRP Longs Keep Getting Crushed On Binance – Here Is What That Imbalance Signals

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XRP is trading around a critical price level. The market is showing signs of life — driven by reports of potential US-Iran negotiations that have lifted risk sentiment across financial markets. But the derivatives data on Binance is telling a more cautious story about what those signs are actually worth. Related Reading A CryptoQuant report tracking XRP’s leverage structure has identified an asymmetry that cuts directly against the bullish surface reading. Over the past 30 days, long position liquidations on Binance reached approximately $39.8 million — more than double the…

Bitcoin Bulls Struggle With $72,000 Reclaim Despite US-Iran Ceasefire

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Bitcoin bulls failed to stay above $72,000 for long as BTC price action already began to discount the impact of a US-Iran ceasefire agreement. Bitcoin (BTC) hit new three-week highs into Wednesday’s Wall Street open as stocks surged on a US-Iran ceasefire. Key points: Bitcoin briefly hits new three-week highs before round-tripping its gains. Iran ceasefire relief fails to last as traders demand that bulls reclaim higher levels. More volatility is due thanks to US inflation reports. BTC price fails to stay above $72,000 Data from TradingView captured BTC/USD reaching…

MEXC Names New CEO And Expands Global Strategy

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MEXC appointed Vugar Usi as CEO on Wednesday, elevating the executive as the exchange steps up its push for global licensing, including under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. MEXC said Usi joined the company as chief operating officer in late 2025 after previously serving in the same position at rival exchange Bitget. In his new role, Usi said MEXC plans to preserve its low-fee trading focus while expanding broader multi-asset access on the platform. The CEO told Cointelegraph that MEXC is actively pursuing licensing opportunities globally,…

Is ZEC Breakout a Bull Trap?

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Zcash (ZEC) rallied after President Donald Trump announced a two-week ceasefire deal with Iran, leading gains in a broader relief rally across global risk markets. Key takeaways: A 2021-style fractal warns ZEC price could fall 40% toward in the coming weeks. Over $50 million in long leverage sits below current prices, leaving ZEC exposed to a possible crash. ZEC/USD vs. XMR/USD and DASH/USD price performance in the past five days. Source: TradingView ZEC rally risks becoming a 2021-style bull trap The privacy coin rose over 30% in the past 24…

Standard Chartered Mulls Restructuring of Zodia Crypto Custodian: Report

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Standard Chartered is reportedly weighing a restructuring of its majority-owned crypto custodian Zodia Custody, as large banks look to bring more digital asset infrastructure inside their core banking operations. The United Kingdom-based lender plans to fold Zodia’s crypto custody business into a division inside its corporate and investment bank that already offers similar services, while keeping Zodia operating as a standalone Software-as-a-Service (SaaS) platform for digital asset custody, according to Bloomberg on Wednesday, citing people familiar with the matter. An announcement on the restructuring could reportedly come as soon as…

CZ Memoir Rekindles Feud with OKX Founder Star Xu

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Changpeng “CZ” Zhao’s new memoir has reignited a long-standing feud with OKX founder Star Xu, who accused the Binance founder and former chief of lying about their shared history and past disputes. In Freedom of Money, released April 8, CZ revisits a contract dispute at OKCoin and claims rivals sought to undermine him with “fear, uncertainty and doubt (FUD)”, portraying him as an inept chief technical officer. CZ also claimed that Huobi founder Leon Li told him in 2025 that he believed Xu had reported him to authorities years earlier.…

2018 Footage Of Ripple CEO Saying They’re Taking Over SWIFT Resurfaces, But How Have They Fared Since Then?

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A viral footage from 2018 has resurfaced online, showing CEO Brad Garlinghouse boldly declaring that Ripple was taking over SWIFT (Society for Worldwide Interbank Financial Telecommunications). At the time, the crypto payments company was still in its early growth phase, aggressively positioning itself as a faster and more cost-effective alternative to SWIFT. Today, Ripple has evolved significantly in various aspects, including regulation, payments, global adoption, partnerships, banking, and more. Ripple CEO Makes Bold Claim To Surpass SWIFT During the 2018 Bloomberg interview, Garlinghouse was asked whether he believed Ripple could…

South Korea Tightens Crypto Withdrawal Delay Exemptions

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South Korea’s financial regulator said it will tighten the exception rules under crypto exchanges’ withdrawal-delay system after finding that scam-linked accounts granted exemptions accounted for most voice-phishing-related losses.  The Financial Services Commission (FSC) said Wednesday that the strengthened framework, developed with the Financial Supervisory Service (FSS) and the Digital Asset eXchange Alliance (DAXA), will impose unified standards on when users can bypass withdrawal delays.  The regulator said exchanges had been applying their own exception criteria with no clear minimum standard, creating loopholes that let bad actors quickly move funds if…

Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary

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Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening the Strait of Hormuz. Bitcoin Bounces Back… For Now According to today’s QCP Market Colour, after the announcement of the ceasefire risk assets rallied, equities rose and oil cooled into the low-$90s. However, the report warns that all of this looks more like a temporary pause than a lasting resolution. Let’s not forget that, according to President Donald Trump himself, the ceasefire hinges on how Iran handles the Strait of Hormuz in the weeks ahead.…