US releases 53.3M barrels from Strategic Petroleum Reserve as Trump discusses Iran and energy security with Xi Jinping

Key takeaways Bitcoin recovers slightly on Wednesday after finding support below $80,000. US-listed spot ETF saw outflows of $233 million on Tuesday, Bitcoin finds support at a key level Bitcoin (BTC) has slightly rebounded and is currently trading above $81,000 on Wednesday, following a retest of a critical technical support level the previous day.  The […] The post Bitcoin rebounds slightly above $81k amid institutional caution appeared first on CoinJournal.

Iran's control over the Strait of Hormuz could escalate geopolitical tensions, disrupt global oil supply, and impact regional stability. The post Iran aims to double oil revenues by controlling Strait of Hormuz appeared first on Crypto Briefing.

Industry body says energy consumption driven by AI up 15% globally in two years as it warns of societal backlash Datacentres are consuming 6% of electricity in the UK and US, with the growing strain of AI on energy supplies prompting community resistance, according to research. The proportion of electricity used by vast warehouses stacked with microchips to power AI and the internet has risen 15% worldwide in the past two years as annual global investment in datacentres approaches $1tn (£740bn) – nearly 1% of the global economy, according to the International Data Center Association (IDCA). Continue reading...

The sanctions highlight escalating US-China tensions and signal a strategic move to curb Iran's military funding, impacting global oil markets. The post US sanctions firms and individuals over Iranian oil shipments to China appeared first on Crypto Briefing.

The executive order may shift housing market dynamics, prompting institutional investors to alter strategies, potentially affecting home affordability. The post Trump signs executive order banning Wall Street firms from buying homes appeared first on Crypto Briefing.

Rising tensions and potential ceasefire collapse could destabilize the region, increasing risks of broader military conflicts and economic impacts. The post Iran threatens US retaliation as Trump considers ending ceasefire appeared first on Crypto Briefing.

The establishment of US bases in Greenland could shift Arctic power dynamics, impacting US-Denmark relations and Greenland's autonomy aspirations. The post US in talks with Denmark to establish new military bases in Greenland appeared first on Crypto Briefing.

The postponed summit may accelerate China's digital currency strategy, impacting global trade dynamics and increasing market volatility. The post Trump postpones Beijing summit with Xi amid Iran conflict, rattling oil and crypto markets appeared first on Crypto Briefing.