{"id":409642,"date":"2020-01-03T16:00:00","date_gmt":"2020-01-03T16:00:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=409642"},"modified":"2020-01-03T14:53:33","modified_gmt":"2020-01-03T14:53:33","slug":"are-iranians-buying-bitcoin-at-premium-in-anticipation-of-war","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/are-iranians-buying-bitcoin-at-premium-in-anticipation-of-war\/","title":{"rendered":"Are Iranians Buying Bitcoin At Premium In Anticipation of War?"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran\u2019s top officials, and shortly after <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> spiked by 5%.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fears that retaliation for the assassination could fuel a war between Iran and the US, have caused the prices of certain assets to move, including oil and crypto, suggesting that investors may be preparing for the worst in the days ahead.<\/span><\/p>\n<h2>United States Targets Iranian General in Overnight Airstrike, Fueling Concerns of War<\/h2>\n<p class=\"p1\"><span class=\"s1\">The entire world is talking about the Trump administration\u2019s decision to <a href=\"https:\/\/www.nytimes.com\/2020\/01\/03\/world\/middleeast\/iranian-general-qassem-soleimani-killed.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">target Iranian Maj. Gen. Qassim Suleimani<\/a> in an airstrike overnight, and how such a move could prompt war between the two countries.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2018\/10\/12\/fincen-issues-advisory-on-irans-illicit-use-of-crypto-to-bypass-sanctions\/\">FinCEN Issues Advisory On Iran\u2019s \u201cIllicit\u201d Use of Crypto to Bypass Sanctions\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">General Suleimani was the leader of the Quds Force of the Islamic Revolutionary Guards Corps and among the country\u2019s top military and political officials, causing the nation\u2019s Supreme Leader, Ayatollah Ali Khamenei to call for \u201ca forceful revenge\u201d and retaliation against the United States.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">General Qassem Soleimani has killed or badly wounded thousands of Americans over an extended period of time, and was plotting to kill many more&#8230;but got caught! He was directly and indirectly responsible for the death of millions of people, including the recent large number&#8230;.<\/p>\n<p>&mdash; Donald J. Trump (@realDonaldTrump) <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/96299017?ref_src=twsrc%5Etfw\" rel=\"nofollow\">January 3, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">Fears that the assassination and resulting retaliation could lead to war have caused US citizens to flee the neighboring country of Iraq. It\u2019s also caused oil prices to spike as tensions in the Middle East are likely to heighten due to increased turmoil between the US and the rogue nation.<\/span><\/p>\n<h2>Bitcoin Price Spikes After News Breaks, Iranians Paying High Premiums For BTC?<\/h2>\n<p class=\"p1\"><span class=\"s1\">It\u2019s even caused the prices of cryptocurrencies and <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> to surge, with Bitcoin pumping 5% from the week\u2019s low around $6,850. Other cryptocurrencies pumped alongside the leading cryptocurrency by market cap, including Monero and Litecoin.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">While some crypto investors may be buying up the asset class fearing that any impending war or continued feud between the two countries could be the straw that breaks the camel\u2019s back when it comes to the already fragile global economy, citizens of Iran may be willing to fork over a hefty premium to buy <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>, according to rumors circulating the cryptosphere.<\/span><\/p>\n<p>https:\/\/twitter.com\/mg0314a\/status\/78575873?s=21<\/p>\n<p class=\"p1\"><span class=\"s1\">The current price of <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> in Iranian rial \u2013 the county\u2019s native fiat currency \u2013 is just <\/span><span class=\"s2\">\ufdfc<\/span><span class=\"s1\">305,435,985, however, prices on LocalBitcoins \u2013 a peer-to-peer marketplace for Bitcoin \u2013 are supposedly reaching as much as 3 times that amount for just one BTC. Prices are said to be reaching as high as over <\/span><span class=\"s2\">\ufdfc<\/span><span class=\"s1\">1,000,000,000.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2019\/12\/28\/the-most-lucrative-signal-in-bitcoin-history-just-flipped-buy\/\">The Most Lucrative Signal in Bitcoin History Just Flipped Buy<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">The already war-torn country\u2019s native currency has been in a \u201cdeath spiral\u201d over the last 40 or so years, with inflation devaluing the rial significantly over the last few years. Iranian citizens fearing that any war or conflict between Iran and the US may further devalue the native currency could be responsible for the whopping price premium in Bitcoin.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran\u2019s top officials, and shortly after Bitcoin spiked by 5%. Fears that retaliation for the assassination could fuel a war between Iran and the US, have caused the prices of certain assets to move, including oil and crypto, suggesting that investors may be preparing for the worst in the days ahead. United States Targets Iranian General in Overnight Airstrike, Fueling Concerns of War The entire world is talking about the Trump administration\u2019s decision to target Iranian Maj. Gen. Qassim Suleimani in an airstrike overnight, and how such a move could prompt war between the two countries. Related Reading | FinCEN Issues Advisory On Iran\u2019s \u201cIllicit\u201d Use of Crypto to Bypass Sanctions\u00a0 General Suleimani was the leader of the Quds Force of the Islamic Revolutionary Guards Corps and among the country\u2019s top military and political officials, causing the nation\u2019s Supreme Leader, Ayatollah Ali Khamenei to call for \u201ca forceful revenge\u201d and retaliation against the United States. General Qassem Soleimani has killed or badly wounded thousands of Americans over an extended period of time, and was plotting to kill many more&#8230;but got caught! He was directly and indirectly responsible for the death of millions of people, including the recent large number&#8230;. &mdash; Donald J. Trump (@realDonaldTrump) January 3, 2020 Fears that the assassination and resulting retaliation could lead to war have caused US citizens to flee the neighboring country of Iraq. It\u2019s also caused oil prices to spike as tensions in the Middle East are likely to heighten due to increased turmoil between the US and the rogue nation. Bitcoin Price Spikes After News Breaks, Iranians Paying High Premiums For BTC? It\u2019s even caused the prices of cryptocurrencies and Bitcoin to surge, with Bitcoin pumping 5% from the week\u2019s low around $6,850. Other cryptocurrencies pumped alongside the leading cryptocurrency by market cap, including Monero and Litecoin. While some crypto investors may be buying up the asset class fearing that any impending war or continued feud between the two countries could be the straw that breaks the camel\u2019s back when it comes to the already fragile global economy, citizens of Iran may be willing to fork over a hefty premium to buy Bitcoin, according to rumors circulating the cryptosphere. https:\/\/twitter.com\/mg0314a\/status\/78575873?s=21 The current price of Bitcoin in Iranian rial \u2013 the county\u2019s native fiat currency \u2013 is just \ufdfc305,435,985, however, prices on LocalBitcoins \u2013 a peer-to-peer marketplace for Bitcoin \u2013 are supposedly reaching as much as 3 times that amount for just one BTC. Prices are said to be reaching as high as over \ufdfc1,000,000,000. Related Reading | The Most Lucrative Signal in Bitcoin History Just Flipped Buy The already war-torn country\u2019s native currency has been in a \u201cdeath spiral\u201d over the last 40 or so years, with inflation devaluing the rial significantly over the last few years. Iranian citizens fearing that any war or conflict between Iran and the US may further devalue the native currency could be responsible for the whopping price premium in Bitcoin.<\/p>\n","protected":false},"author":517,"featured_media":409648,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,10152,43450,2813,16020,4287,66558],"class_list":["post-409642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-iran","tag-iranian-rial","tag-localbitcoins","tag-rial","tag-united-states","tag-war"],"acf":[],"yoast_head":"\n<title>Are Iranians Buying Bitcoin At Premium In Anticipation of War?<\/title>\n<meta name=\"description\" content=\"Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran\u2019s top\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/are-iranians-buying-bitcoin-at-premium-in-anticipation-of-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Iranians Buying Bitcoin At Premium In Anticipation of War?\" \/>\n<meta property=\"og:description\" content=\"Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran\u2019s top\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/are-iranians-buying-bitcoin-at-premium-in-anticipation-of-war\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-03T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-03T14:53:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/01\/bitcoin-iranian-rials-iran-united-states-war-shutterstock_1601765083.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"562\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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