Iran's oil export surge amid US tensions could destabilize energy markets, impact inflation, and trigger regulatory scrutiny on crypto.
The post Iran ships 10 million barrels of oil amid US blockade threat, rattling crypto and energy markets appeared first on Crypto Briefing.
The post Australian Dollar rises as US Dollar softens, tensions in focus appeared on BitcoinEthereumNews.com.
AUD/USD trades around 0.6940 on Thursday at the time of writing, up 0.16% on the day, as the weaker US Dollar (USD) supports the pair despite persistent tensions in the Middle East. Investors continue to view the latest exchange of attacks between the United States (US) and Iran as an attempt by both sides to strengthen their negotiating positions ahead of a potential return to peace talks, limiting demand for safe-haven assets for now. The US Dollar remains under pressure on Thursday, with the US Dollar Index (DXY) down 0.11% near 100.95 at the time of press. The Greenback struggles to benefit from stronger-than-expected US economic data, as the US Department of Labor reported that Initial Jobless Claims fell to 215K in the week ending July 4, down from 217K previously, while Continuing Jobless Claims edged up slightly to 1.814M. The US Dollar also remains weighed down by the
The post European Central Bank: September hike prospects stay firm – Nordea appeared on BitcoinEthereumNews.com.
Nordea’s Jan von Gerich argues that the European Central Bank (ECB) is likely to continue tightening policy, with the outlook heavily dependent on Middle East developments and energy prices. He notes that a July move is now unlikely after lower inflation and falling Oil, but sees a September rate hike as probable, in line with current market pricing. ECB path tied to energy risks “The ECB outlook still hinges to a large extent on the developments in the Middle East and in energy prices.” “While a July hike is likely to be off the table without a significant jump in energy prices, a September rate move looks much more likely.” “However, the account supported the view that even a quick end to the conflict would not automatically mean that the ECB would be done hiking rates.” “The major fall seen in energy prices on the back of hopes of a peace in the Middle East and lower-than
The imbalance between capital raised and deals executed in US direct lending may lead to compressed returns and riskier lending practices.
The post US direct lending hits near three-year low as private credit firms stockpile cash appeared first on Crypto Briefing.
The rising emissions from AI infrastructure expansion challenge tech giants' sustainability efforts, impacting energy markets and regulatory scrutiny.
The post Microsoft’s AI growth strains climate goals as emissions rise 23% from baseline appeared first on Crypto Briefing.
Ambiguous terms in the US-Iran deal risk destabilizing oil markets, as Iran could exploit control over a key shipping lane, impacting global supply.
The post Trump’s Iran deal faces strain over poorly worded paragraph that could reshape oil markets appeared first on Crypto Briefing.
The post Bitcoin Needs a Daily Close Above $64,700 to Seal Its Latest Rebound, Says Trader appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Key points: Bitcoin joins a risk-asset rebound as US President Donald Trump said that Iran “wants to make a deal” after the ceasefire breakdown. Crypto short liquidations near $100 million over 24 hours. Traders see important BTC price levels coming as soon as the daily close. Crypto, stocks rise as Trump teases new Iran “deal” Data from TradingView showed BTC/USD rising back above $63,000, up by nearly 1.5% on the day. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US stocks were in the green across the board, helping to erase Wednesday’s downside as US President Donald Trump said that the Iran peace deal was “over.” “They called a little while ago; they want to make a deal so badly,” Trump subsequently said in comments quoted by tra
Micron's US manufacturing expansion reduces supply chain risks, boosts domestic job creation, and strengthens the American tech ecosystem.
The post Micron Technology’s stock surges on multibillion-dollar US manufacturing push appeared first on Crypto Briefing.