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.
A transfer of 158.2 million TRX connected to the 2026 Binance hack was flagged by crypto commentator @whale_alert, drawing renewed attention to the incident. This movement highlights ongoing security issues within the crypto space, especially regardi...
Wallets linked to the Oct. 29 Binance hack held about 525,200 ETH (valued at $3.1 billion) as of Oct. 31, posing a potential market supply risk if sold. Binance has replenished roughly 90% of the stolen assets, covering customer losses using its Secu...
Following the Binance hack, Bitcoin, Ethereum, XRP, and BNB all saw increased volatility with varying declines. Bitcoin showed resilience, dropping only 6.5% from its recent high and maintaining support around $76,000. BNB fell 14%, impacted by its B...
Ethereum remains the dominant blockchain for stablecoins, accounting for about 54.1% of all stablecoins issued, totaling around $162.5 billion out of a $300 billion market. Its tokenized stock market has grown 170% year-over-year to approximately $82...
Following the $6.3 billion Binance hack, stolen funds were partly frozen by Tether and Circle, but the attacker used Aave to borrow Ethereum against frozen USDT collateral, making recovery difficult. The large 420,000 ETH holding by the attacker coul...
