Iran launches bombing spree against Kuwait and Bahrain as Bitcoin slides to $62,870

The post Gold slips as Trump’s Iran warning lifts US Dollar appeared on BitcoinEthereumNews.com. Gold (XAU/USD) price dives over 1.30% on Wednesday as tensions in the Middle East bolstered the Greenback after US President Donald Trump said that the agreement to end the war with Iran was “over.” At the time of writing, XAU/USD trades at $4,059 after hitting a four-day low of $4,021. XAU/USD falls as Oil spike revives Fed tightening risks The yellow metal is feeling the strength of the US Dollar (USD) and also of rising US Treasury yields. US President Trump’s doubts about making a deal with Iran increased the chances of a resumption of attacks, exerting pressure on Oil prices. Western Texas Intermediate (WTI), the US crude Oil benchmark, gains over 3%, with the barrel quoting at $74.50 at the time of writing. This boosted the Greenback as high energy prices pose the risk of high inflation, fueling bets for higher interest rates. The US Dollar Index (DXY), which tracks the buck’s perform

The halt in dollar flows may escalate U.S.-Iran tensions, impacting regional stability and influencing market perceptions of military risks. The post Iraq halts dollar flows to iran-backed militias at US request appeared first on Crypto Briefing.

The post Donald Trump vows fresh Iran strikes as $500B vanishes from markets appeared on BitcoinEthereumNews.com. More than $500 billion has been wiped from U.S. stock markets after President Donald Trump declared the U.S.-Iran ceasefire effectively over and warned that Washington could launch fresh military action against Iran. Summary Donald Trump declared the U.S.-Iran ceasefire over and warned fresh military action against Iran could follow. More than $500 billion was erased from U.S. stock markets as oil surged and crypto prices extended losses. Bitcoin slipped toward key support while traders monitored risks to Iran’s Kharg Island oil export terminal. According to remarks Trump made to reporters, he no longer considers the ceasefire in effect, saying, “I don’t want to have anything to do with them anymore; they’re scum.” During separate comments at the NATO Summit, Trump also said the United States would “probably” strike Iran again later that night, reigniting fears of a broader

Tennessee's crypto ATM ban may signal a trend towards stricter regulations, potentially hindering Bitcoin's broader market adoption and growth. The post Tennessee bans Bitcoin and crypto ATMs appeared first on Crypto Briefing.

Heightened U.S.-Iran tensions may lead to increased military actions, impacting global markets and geopolitical stability. The post Trump returning to US on old air force one amid Iran threats appeared first on Crypto Briefing.

More than $500 billion has been wiped from U.S. stock markets after President Donald Trump declared the U.S.-Iran ceasefire effectively over and warned that Washington could launch fresh military action against Iran. According to remarks Trump made to reporters, he…

The post Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money appeared on BitcoinEthereumNews.com. BIP-110 has become a symbolic battle over Bitcoin’s future direction, from censorship resistance to network governance. Bitcoin maximalist Justin Bechler has warned that the failure of BIP-110 would leave BTC permanently under the control of what he called a “fiat funding apparatus.” He also argued that the network would lose its role as permissionless, censorship-resistant money. BIP-110 Is Bitcoin’s “Line in the Sand” With debate over the proposed soft fork continuing to divide members of the Bitcoin community, Bechler took to X, writing a lengthy post titled “My Plan for the Death of Bitcoin,” where he framed BIP-110 as a direct response to what he called catastrophic spam abuse that BTC’s network has suffered since February 2023, worsened after Core v.30 removed limits on OP-RETURN data. According to him, Bitcoin’s defining feature is that anyone can run a n

Zcash co-founder Eli Ben-Sasson questions Bitcoin’s 21M supply cap, proposing 4% annual growth to offset lost coins. Zcash co-founder Eli Ben-Sasson has questioned Bitcoin’s fixed 21 million supply cap in comments shared on X. His remarks have reopened debate over Bitcoin scarcity and long-term market liquidity. Ben-Sasson said private keys will keep being lost as […] The post Zcash Co-Founder Questions Bitcoin’s 21M Cap, Seeks 4% Growth appeared first on Live Bitcoin News.