The U.S. Treasury has frozen around $1 billion in crypto assets linked to Iranian networks, determining that the funds were used to evade sanctions. It is now moving to seize them. This kind of enforcement action usually affects sentiment first, with compliance costs following gradually.
Price check: LINK is at 13.50, up 5.1% over 24 hours, with market interest undented by the news. MOVE is at 0.009228, down 0.1%, with volatility narrowing. The same regulatory news can prompt very different levels of dip-buying in large- and small-cap coins. Watching whether price and volume weaken together can filter out noise better than chasing headlines.
#LINK
Price check: LINK is at 13.50, up 5.1% over 24 hours, with market interest undented by the news. MOVE is at 0.009228, down 0.1%, with volatility narrowing. The same regulatory news can prompt very different levels of dip-buying in large- and small-cap coins. Watching whether price and volume weaken together can filter out noise better than chasing headlines.
#LINK