US revokes Iran oil waivers after attacks in Strait of Hormuz

The escalation in the Strait of Hormuz heightens geopolitical tensions, potentially destabilizing regional security and impacting global markets. The post US Central Command strikes Iran after attacks on ships in Strait of Hormuz appeared first on Crypto Briefing.

The revocation may escalate geopolitical tensions, potentially increasing crypto's role in sanctions evasion and impacting global oil markets. The post US revokes Iran oil waiver after tanker attacks, raising stakes for crypto sanctions evasion appeared first on Crypto Briefing.

Iran drew huge crowds for former Supreme Leader Ayatollah Ali Khamenei's funeral procession in Tehran, documented by international news agencies. But alongside genuine images pf mourners, AI-generated videos and photos falsely claiming to show the event have spread widely online. Some exaggerate crowd size, while others contain tell-tale AI errors and fabricated landmarks to rack up clicks and engagement.

The deregulatory push may boost US fintech and crypto sectors, reversing talent and capital outflow, but execution remains a significant hurdle. The post Trump administration moves to eliminate over 700 federal regulations, signaling friendlier crypto climate appeared first on Crypto Briefing.

China's AI export restrictions could intensify global tech fragmentation, prompting increased interest in decentralized AI networks. The post China mirrors US with potential crackdown on AI exports appeared first on Crypto Briefing.

Anthropic's rise in AI adoption signals a potential industry shift, impacting market dynamics and valuation expectations for AI companies. The post Anthropic surpasses OpenAI in US business AI adoption, hits $30B run-rate appeared first on Crypto Briefing.

The post Silver Price Forecast: XAG remains bearish as ‘evening star’ forms appeared on BitcoinEthereumNews.com. Silver (XAG/USD) price tumbles nearly 3% on Tuesday as market mood turns dismal due to heightened tensions in the Middle East, following Iranian attacks on two vessels in the Strait of Hormuz. At the time of writing, XAG/USD trades at $60.26, after peaking at around $62.16. XAG/USD Price Forecast: Technical outlook Silver remains downward-biased as long as it fails to clear a downward resistance trendline in the $64.00-$65.00 range, which could open the door to further upside.  Nevertheless, bulls are not out of the woods, as another key resistance level remains to be cleared, with the $70.00 psychological level up next, ahead of the crucial 200-day Simple Moving Average (SMA) at $70.13. If these key levels are broken, Silver could rally towards the 50- and 100-day SMAs, each at $70.79 and at $74.64. On the flip side, it’s worth noting that an ‘evening star’ formed, which op

The post Gold stalls below $4,200 as inflation fears rise appeared on BitcoinEthereumNews.com. Gold (XAU/USD) price retreats by 0.44% on Tuesday as the yellow metal fails to clear $4,200 amid rising US consumer inflation expectations and threats of a resumption of hostilities in the Middle East, following reports of attacks in the Strait of Hormuz. The XAU/USD pair trades at $4,146 after peaking at $4,180. Bullion retreats as yields climb and Hormuz risks return The yellow metal seems poised to consolidate after failing to clear a downward-sloping resistance trendline near $4,200, which exacerbated XAU’s drop towards the $4,150 area. Recent data from the NY Fed showed that inflation expectations rose to their highest level since September 2023. The NY Fed Survey of Consumer Expectations indicated increasing concern among Americans about the high cost of living, with one-year inflation expectations climbing from 3.5% in May to 3.7% in June. Further data showed that the Goods and Service