Iran's economy is under severe strain as the rial plunges to a record low of around 2.688 million per US dollar, losing over half its value in a year. Inflation has surged to nearly 90%, making everyday goods unaffordable for many households. The economy contracted 10.1% year-over-year, with the oil sector shrinking over 26%, driven by sanctions and reduced oil exports. Despite the central bank's $2 billion currency sale effort, confidence remains low, risking a cycle of worsening inflation, currency weakness, and economic decline unless oil revenues or currency trust improve.
Iran's economy crisis provides context for Pluang's crypto market snapshot as of Oct 05, 2026 12:02 WIB: Among 50 major cryptocurrencies, 29 rose and 20 fell. Notable movers include YFI at Rp46.577.221 with a 3.50% drop, DOGE at Rp1.707 up 3.27%, and ENJ at Rp599 down 3.06%. Typical hold times range from 93 to 110 days, with strong buy activity on DOGE and ENJ.
Hyperliquid, a decentralized perpetual futures exchange, has integrated its perpetual contracts into the Bloomberg Terminal, marking a key step toward institutional adoption. This platform supports over 100 assets on its own blockchain and now gains ...
A trader closed a short position of nearly 15,000 Ether at a $471,000 loss and then opened a new long position worth about $64.3 million with 25x leverage. The new long covers 23,734 Ether and has a liquidation price set at $2,650, meaning the positi...
Bitcoin (BTC) is trading close to $85,852, with order book bids and asks differing across five major spot and perpetual markets. Binance shows a bid advantage of about $3.25 million in its spot market, while Coinbase has more asks than bids. In perpe...
Glassnode reports that Bitcoin's largest cluster of leveraged short positions is near $90,000, just above its current trading price around $85,000-$86,000. If Bitcoin's price rises to this level, many short sellers could be forced to close positions,...
Pump.fun generated $55.5 million in protocol revenue over 30 days through October 4, 2026, slightly surpassing Hyperliquid's $54.34 million. Over the past seven days, Pump.fun also led with $17.54 million compared to Hyperliquid's $11.19 million. Pum...
