Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Operation Economic Fury The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties with European allies, and targeting cryptocurrency holdings. Bessent spoke about the effort at the Reagan National Economic Forum, describing the operation as part of a broader effort to cut off Iran financially. The $1 billion disclosure is roughly double the $500 million the Treasury Department announced in late April, and far above the $344 million figure that was made public earlier that same mo
Persistent inflation challenges the Fed's policy, potentially delaying rate cuts and impacting economic stability amid geopolitical tensions.
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The U.S. control over the Strait of Hormuz amid tensions may prolong global energy supply uncertainties and impact maritime trade dynamics.
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The US's firm stance on the Strait of Hormuz may prolong geopolitical tensions, impacting global oil trade and diplomatic relations.
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The blockade exacerbates geopolitical tensions, disrupts global shipping routes, and heightens economic uncertainty in the region.
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The post Bitcoin (BTC) underperforms risk assets as record 9th day of ETF outflows signal waning demand: Crypto Daily appeared on BitcoinEthereumNews.com.
Bitcoin BTC$73,477.46 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers. Risk assets broadly advanced after reports that U.S.-Iran negotiations could reopen the Strait of Hormuz, a vital oil passageway, lifted sentiment. “The expectations of a de-escalation in geopolitical tension and the normalization of the Strait of Hormuz are reducing pressure on oil prices,” analysts at Spanish lender Bankinter wrote in a market note. Against that supportive backdrop, bitcoin’s weakness looks crypto-specific. Long-term holder supply has reached a record 15.8 million BTC, according to CryptoQuant, normally a bullish signal because it reflects coins held rather than traded. The firm argued the record may be hollow, reflecting slowing
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Crypto News The United States has seized roughly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed at the Reagan National Economic Forum on Friday. Bessent said federal authorities “outright grabbed the wallets,” adding that some Iranian holders may still be unaware their funds have been confiscated. Forensic investigators reportedly traced flows from regime-linked cold wallets using public ledger analysis. The newly announced figure roughly doubles the $500 million in Iranian crypto the Treasury disclosed seizing in late April and significantly exceeds the $344 million reported earlier this month. The operation underscores Washington’s intent to weaponize on-chain transparency against adversarial regimes. The seizures form part of Operation Economic Fury, a financial pressure campaign launched in March 2025 to choke off Tehran’s
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The post Why is the Stellar (XLM) price up today? appeared first on Coinpedia Fintech News XLM Coin News: Stellar’s native token, XLM, rose more than 95% in two days following DTCC’s decision to integrate its tokenized securities platform with the Stellar network. The gain came while Bitcoin and Ethereum were under pressure from ETF outflows, geopolitical tensions in the Middle East, and uncertainty around interest rates. While much of the … Source: https://coinpedia.org/news/why-is-the-stellar-xlm-price-up-today/