Regulatory Whirlwind: CFTC Targets Argent Capital in Major Fraud Case

The post Gold declines as Trump ends Iran deal, markets eye Fed minutes appeared on BitcoinEthereumNews.com. Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran. The precious metal remains under pressure despite the increasingly fragile geopolitical backdrop, as markets expect that persistently higher energy prices could keep US monetary policy restrictive. Market sentiment deteriorated after US President Donald Trump said that the memorandum of understanding aimed at ending the conflict with Iran was now “over.” Trump also stated that he no longer wanted to deal with Iran, while announcing trade measures against Spain and renewing his criticism of the North Atlantic Treaty Organization (NATO). These remarks supported the US Dollar, while Oil prices advanced amid rising concerns over global supply disruptions. Tensions es

The post Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished” appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) extends its losses for the third consecutive day, trading around $58.30 per troy ounce during the European hours on Wednesday. The non-yielding white metal struggled as renewed Middle East escalations threatened the interim United States (US)-Iran peace deal. The conflict drove oil prices higher, stoking fresh inflation fears and raising the prospect of higher interest rates, which further weighed on the non-interest-bearing asset. The tentative ceasefire between the US and Iran has officially collapsed after US President Donald Trump declared the truce finished during the annual NATO summit in Ankara. Sitting alongside NATO Secretary General Mark Rutte, Trump stated that he considers the agreement over, calling it “just a waste of time” and raising the immediate prospect of renewed military conflict between the two nations. The

The post WTI surges above $74 as Trump confirms MoU with Iran is over appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI), futures on NYMEX, soars 3.2% to near $74.30 during the European trading session on Wednesday, the highest level seen in two weeks. The oil price surges as the confirmation from United States (US) President Donald Trump that the memorandum of understanding (MoU) with Iran, which aimed at ending the war in the Middle East, is over, has revived risks of global energy supply disruption. Speaking at the NATO summit in Ankara, Türkiye, US President Trump said, I think the MoU with Iran is over.” Trump added, “We attacked very powerfully last night, the very dangerous people from Iran. They’re sick; there’s something wrong with them,” Moneycontrol reported. Last night, the US Central Command confirmed attacking Iran’s military infrastructure in response to Tehran striking commercial ships transiting through the Strait of Hormuz, a vital passage to almost on

The post US President Trump: I think MoU with Iran is over appeared on BitcoinEthereumNews.com. United States (US) President Donald Trump said during European trading hours on Wednesday that the memorandum of understanding (MoU) with Iran, aimed at ending the war in the Middle East, is over. Additional comments I don’t want to deal with Iran; they are sick people. On NATO, Trump says not happy with NATO over Greenland and Iran. Spain is a terrible partner in NATO. Tells Treasury Secretary Scott Bessent to cut off all trade with Spain. I want no business with them. Greenland is a big problem for us. We are treated unfairly in NATO, we pay disproportionately. Market Reaction Significant buying interest is seen in the US Dollar (USD) and oil prices after remarks from US President Trump. The US Dollar Index (DXY) rebounds from the day’s low of 100.95 to near 101.15. The WTI Oil price surges almost 3% to near $74.00. US Dollar FAQs The US Dollar (USD) is the official currency of the United

The post EU Foreign Affairs Chief Kallas condemns Iran’s attacks on Bahrain and Kuwait appeared on BitcoinEthereumNews.com. European Union (EU) Foreign Affairs Chief Kaja Kallas said during the European trading session on Wednesday that exchanges of fire between the United States (US) and Iran further complicate already fraught talks to end the war. Additional remarks Next Monday, EU foreign ministers will meet with Gulf counterparts to discuss how they can support implementation of the agreement and preserve freedom of navigation in the strait as well as the Red Sea. Iran’s attacks on Bahrain and Kuwait are unacceptable. Market Reaction No immediate reaction was seen in the US Dollar (USD) following remarks from EU’s Kallas. At press time, the US Dollar Index (DXY) tardes 0.15% lower at around 100.95. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period

The post Iran says any location that supports US attacks are legitimate targets appeared on BitcoinEthereumNews.com. According to the Iranian State Media, Iran’s Top Joint Military Command said, “Tehran considers any location that supports United States (US) attacks on Iran as its legitimate target.” However, there has been no official confirmation from other media outlets. Market Reaction A slight buying interest is observed in oil prices after remarks from Iran. At press time, the WTI Oil price trades firmly near an almost two-week high around $72.00. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is cons

The post Indian Rupee edges up against US Dollar, ignores rising oil prices appeared on BitcoinEthereumNews.com. The Indian Rupee (INR) ticks higher against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair edges down to near 95.00 despite renewed geopolitical risks, following United States (US) attacks on Iran, which have lifted oil prices. In the opening session, the MCX Crude Oil contract expiring on July 20 is up 2.62% to near 6,882. The contract also gained almost 2.35% on Tuesday. Currencies from economies, such as India, which rely heavily on oil imports to meet their energy needs, tend to underperform when oil prices surge. US strikes in retaliation for attacks on commercial ships The US Central Command has reported, through a post on X, that it launched powerful attacks on Iranian military infrastructure for attacking commercial ships transiting through the Strait of Hormuz, a critical chokepoint for almost 20% of global energy supply. In response, Tehr

The post Iran-Israel Strikes Push Bitcoin Down 1% to $62,657 appeared on BitcoinEthereumNews.com. IRAN-ISRAEL News Bitcoin (BTC) slipped to $62,657 in Asian trading hours on Tuesday, down nearly 1% since midnight UTC, after the United States and Iran exchanged fresh aerial strikes and drove the dollar higher. The renewed Iran-Israel-linked conflict, which has repeatedly rattled risk markets this year, sent traders reaching for safety again. Major altcoins followed the leader lower: Ether (ETH), XRP (XRP) and Solana (SOL) each fell between 1% and 2.3% over the same window. Our reading of the tape shows the selling was orderly rather than a panic flush, but the geopolitical bid for the dollar kept a firm lid on every major token through the session. The commodity side amplified the pressure. WTI crude futures jumped more than 2% to $72.27 a barrel as the strikes reignited fears over supply through one of the world’s most sensitive energy corridors. The Dollar Index held steady above 101.