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Ceasefire or Smoke? Axios Iran Deal Report Sparks Market Manipulation Claims

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A report by Axios has ignited a storm of debate across geopolitical and financial circles, after claims emerged of a potential 45-day ceasefire between the United States and Iran.

The report cites unnamed U.S., Israeli, and regional sources describing a “last-ditch push” to halt escalating conflict through a temporary truce that could pave the way for a permanent agreement.

Doubts Mount as Iran Rejects Temporary Truce and Verification Remains Elusive

According to the report, mediators from countries including Pakistan, Egypt, and Turkey are working on a two-phase proposal. The first phase would involve a 45-day ceasefire (possibly extendable) during which broader negotiations would take place.

The second phase would aim for a comprehensive deal addressing nuclear issues, sanctions relief, and a formal end to hostilities.

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The proposal reportedly includes indirect communications between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi.

However, even within the report, sources caution that the chances of securing a deal within the next 48 hours remain “slim,” particularly as a looming U.S. deadline threatens further military escalation.

Despite the headline-grabbing claims, Reuters has stated it was unable to independently verify the existence of such negotiations.

While Reuters acknowledged that a Pakistani ceasefire framework may have been circulated, it emphasized the absence of official confirmation from either Washington or Tehran.

Iranian officials, in particular, have maintained a firm stance, signaling reluctance toward any temporary arrangement without guarantees of a lasting peace.

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Market Manipulation At Play?

This lack of verification has fueled widespread skepticism online, with some questioning the timing and intent of the story.

Some analysts and social media users suggested the report may have been strategically released ahead of Monday market trading, potentially influencing oil prices and broader financial sentiment.

Critics pointed to a pattern of similar reports in recent weeks that were later denied by Iranian officials, raising concerns about market sensitivity to unverified geopolitical developments.

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Iran’s position appears consistent: it has publicly rejected short-term ceasefires tied to deadlines or pressure, instead demanding firm guarantees against future military action.

Without such assurances, officials suggest, any temporary truce would merely delay further conflict rather than resolve it.

The controversy highlights a broader challenge in modern conflict reporting: the collision of anonymous sourcing, rapid information cycles, and market implications.

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As tensions remain high and deadlines approach, the truth behind the reported negotiations may soon become clearer.

The post Ceasefire or Smoke? Axios Iran Deal Report Sparks Market Manipulation Claims appeared first on BeInCrypto.

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Crypto World

China’s Tax Authority Urges Bank Blockchain Implementations for Lending

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China's Tax Authority Urges Bank Blockchain Implementations for Lending

China’s tax and financial regulators on Monday urged banks and local authorities to use blockchain and privacy computing to upgrade the “bank-tax interaction” model and expand financing for small businesses.

The State Administration of Taxation and National Financial Regulatory Administration said in a joint policy notice that banks and taxpayers should standardize data sharing and reduce information asymmetry between tax authorities, banks and enterprises.

The report also urged banks to improve credit models, enhance credit approval efficiency and increase the supply of financing services to “honest, tax-paying enterprises.”

The directive aligns with China’s broader effort to integrate blockchain into data infrastructure, following a National Development and Reform Commission roadmap released in January 2025 targeting nationwide implementation by 2029.

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Shen Zhulin, the deputy director of the National Data Administration, said in a January 2025 press conference that China expects blockchain-based data infrastructure to attract 400 billion yuan (about $58 billion) in yearly investments.

A machine translation of a joint notice from Chinese regulators. Source: Shanghai Municipal Tax Service

Chinese regulators outline data infrastructure push with 400 billion yuan target

While China has issued strict controls on cryptocurrencies and speculative digital asset trading, it also pushed for the incorporation of blockchain initiatives in finance and data infrastructure.

In October 2019, Chinese President Xi Jinping highlighted the technology as an important “breakthrough” for independent innovation of core technologies, urging the acceleration of the development of blockchain-based applications and their integration in the real-world economy.

Related: Trump: US has to ‘make it so that China doesn’t get the hold‘ of crypto

In April 2021, the Shenzhen Tax Bureau expanded the country’s first blockchain electronic invoice system.

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However, in September that same year, China issued a nation-wide ban on crypto transactions and mining as part of a wider crackdown across multiple government agencies.

Top Bitcoin mining countries by hashrate. Source: Compass Mining

Despite the ban, China is still cited as the third-largest Bitcoin (BTC) mining country. In January 2026, it accounted for 11.7% of the global hashrate, according to data from Compass Mining.

Magazine: China’s ‘50x’ blockchain boost, Alibaba-linked AI mines Bitcoin: Asia Express