<span>STORY: Bitcoin slumps. Iran’s digital activity booms. This is Crypto Weekly.</span><span>:: Crypto Weekly</span><span>:: Bitcoin slumps</span><span>Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday.</span><span>As a slide in the world’s largest cryptocurrency showed no signs of stopping.</span><span>It tumbled more than 3% in the Asian session to its lowest level since November 2024.</span><span>The latest rout in cryptocurrencies has come hard and fast.</span><span>Analysts say it was triggered by the nomination of Kevin Warsh as the next Federal Reserve Chair.</span><span>Due to expectations he could shrink the Fed’s balance sheet.</span><span>:: Tether bats off reports of investor pushback</span><span>Tether’s CEO said there had been “misconception” about the…</span>
