Iran's Rial Collapse Triggers Protests and Boosts Bitcoin Demand
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Currency Devaluation Crisis: Iran's rial has plummeted to about 1.4 million per US dollar, sparking protests in Tehran that highlight poor economic management and the impact of sanctions, potentially leading to broader financial instability.
- Bitcoin as a Safe Haven: Amid the economic turmoil, Bitcoin is increasingly viewed as a hedge against currency collapse, although Iran's strict regulations on crypto limit its protective potential.
- Concerns Over Ethereum Centralization: Vitalik Buterin warns that rising centralization among Ethereum clients and Layer 2 solutions threatens network security, calling for enhanced community governance and client diversity.
- Pakistan's Crypto Potential: Former Binance CEO CZ suggests that Pakistan could emerge as a global crypto leader within five years, driven by rapid regulatory reforms and increasing market acceptance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
