Live updates: Oil falls as Iran signals possible hormuz reopening, bitcoin holds near $86,000
WTI crude oil drops to $89 as reports suggest Iran could reopen the Strait of Hormuz within seven days. Source:CoinDesk
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…
US sanctions Iran’s BitBank, saying it processes ‘Hormuz Safe’ Bitcoin payments
US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of…
North Korea drives onchain malware surge, CoinEx shuts: Asia Express
North Korea and Iran account for the majority of onchain malware, while Malaysia has been named among the most crypto curious Islamic nations.…
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.…
State hackers drive 420% surge in onchain malware, Chainalysis finds
North Korealinked hackers used Tron, Aptos and BNB Chain to maintain malware infrastructure, while suspected Iranlinked actors embedded directions in Bitcoin…
Wells Fargo just cut its S&P 500 price target. Will others follow?
In what may be a first since the early days of the war between the U.S. and Iran, a Wall Street firm is lowering rather than raising its S&P 500 yearend…
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military. Source:CoinDesk
The oil market is sending an increasingly loud warning about gas prices at the pump
Oil buyers are paying much more to get a barrel of crude oil immediately as the Iran conflict threatens global supplies. Source:MarketWatch
Bitcoin tops $79K, oil falls as Trump says Iran war could end
Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the USIran war would end, pushing oil prices lower. Source:Cointelegraph
The price of almost everything on your dinner table is climbing at once — and Wall Street is taking notice
Rising crop prices are making the current inflation problem bigger than just oil and the Iran war. Source:MarketWatch
Wholesale inflation stirred up by Iran war and high oil prices. What does it mean for the Fed?
Wholesale costs in the U.S. jumped again in August, flogged by higher gasoline prices, in the first of two inflation reports that will dictate if the Federal…