Iran will not manage to meet its digital economy goals unless it embraces cryptocurrencies, officials in Tehran declared at a major blockchain event. During the conference, Iran’s first international forum of this kind, members of the local crypto community suggested the Islamic Republic should even move beyond the basic recognition of decentralized digital assets and
Italy’s banking sector has expressed strong support for the European Central Bank’s (ECB) proposed digital euro project, something it sees as a vital step to retain Europe’s digital sovereignty and reduce dependence on non-European payment providers like U.S.-based card networks and stablecoins. While the Italian banking sector has expressed enthusiasm for the digital euro initiative,
Trump Media and Technology Group (TMTG), the media company associated with US President Donald Trump, now holds more than 11,500 Bitcoin, valued at over $1.3 billion. The disclosure marks the company’s largest confirmed allocation to date and places it among the biggest public-sector corporate holders of Bitcoin. TMTG Bitcoin Holdings Fail to Yield Gains TMTG
Veteran short-seller James Chanos closed his hedged position shorting MicroStrategy (MSTR) shares while holding long Bitcoin positions on November 7, 2025. The decision followed a sharp decline in MicroStrategy’s premium to its Bitcoin holdings. It fell from 2.5x times to 1.17x, ending a high-profile market trade.
The possibility of Fed rate cut in December has increased sharply. This is because the consumer confidence in the United States has dropped towards the all-time low. Data from the University of Michigan showed that its Consumer Sentiment Index dropped sharply to 50.3 in November, marking its second-lowest reading in history.
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets like rookies at a balancing act. Stablecoin Watch:
Crypto-focused treasury companies are facing renewed strain as the latest market downturn erodes asset values and erases equity cushions that once appeared durable. In a November 7 post on X, crypto analysis platform CryptoQuant reported that falling token prices have narrowed financial buffers across the sector. That contraction has weakened company valuations, pushing several treasuries
The Director of the Financial Services and the Treasury Bureau, Xu Zhengyu, believes that AI, blockchain and tokenization are the future of Hong Kong’s fintech industry, as the Chinese special administrative region (SAR) celebrates a decade of steady growth in its FinTech ecosystem. The Director of the Financial Services and the Treasury Bureau, Xu Zhengyu,