US spot Bitcoin ETFs see third consecutive day of net inflows, breaking weeks-long drought

The post LIVE: Oil surges, Bitcoin struggles to stay above $61K as US prepares to launch new attacks on Iran today appeared on BitcoinEthereumNews.com. Investors became cautious again and markets declined on Wednesday due to new tensions between the US and Iran. Speaking at the NATO summit in Ankara, Turkey, US President Donald Trump stated that the ceasefire with Iran is over following fresh clashes in the Middle East region. Dow Jones, S&P 500, and Nasdaq all declined amid the risk-off sentiment. The DJIA dropped by 488 points or 0.9%, the S&P 500 index fell by 0.6%, while the Nasdaq Composite index decreased by 0.4%. Oil prices surged dramatically due to the renewed threat of military conflict. The price of Brent increased by 4.6% to $77.56 per barrel, while the price of WTI grew by 4.2% to $73.45. At a joint press conference with NATO chief Mark Rutte, Trump was asked about the ceasefire and said, “I think it’s over.” He added, “I don’t want to deal with them anymore … as far as I’

Trump announced the US will remove Syria from its terrorism sanctions list, lifting restrictions on 518 entities and opening crypto market access for Syrian The post Trump announces US will remove Syria from terrorism sanctions list, opening door for crypto markets appeared first on Crypto Briefing.

Increased U.S. oil production may stabilize global markets, potentially preventing drastic price spikes despite geopolitical tensions. The post US oil production hits record high, may lower prices amid Iran conflict appeared first on Crypto Briefing.

The potential closure of the Strait of Hormuz could severely disrupt global oil supply, escalating economic tensions and impacting energy markets. The post Iran threatens to close Strait of Hormuz amid US-Israel-Iran conflict appeared first on Crypto Briefing.

Increased U.S. crude inventories may temper oil price surges, but geopolitical tensions and refinery demands could still drive volatility. The post US crude oil inventories rise by 2.998M barrels, defying market expectations appeared first on Crypto Briefing.

The post Markets Tumble as Trump Ends Iran Ceasefire, Oil Prices Spike Above $74 appeared on BitcoinEthereumNews.com. Key Takeaways President Trump announced the end of the US-Iran ceasefire during NATO meetings in Ankara, triggering widespread market volatility Major index futures declined significantly, with Dow futures shedding more than 500 points Crude oil prices jumped over 5% following the US decision to cancel Iran’s crude export authorization South Korean markets plummeted 5.4%, leading losses across Asian trading sessions Market participants await Federal Reserve meeting minutes from June for insight into monetary policy under Chair Kevin Warsh American equity futures experienced significant declines Wednesday morning following President Donald Trump’s announcement that the ceasefire agreement with Iran has concluded. Futures contracts for the Dow Jones Industrial Average tumbled over 500 points, representing approximately a 1% decline. The S&P 500 futures contract decreased

Iran's firm stance may prolong geopolitical tensions, impacting global oil markets and complicating diplomatic efforts for nuclear resolution. The post Iran unlikely to make nuclear concessions amid US hesitancy: Jerusalem Post appeared first on Crypto Briefing.

The post One Vanguard job posting could decide how crypto reaches 50 million investors appeared on BitcoinEthereumNews.com. Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malvern. The posting asks the incoming executive to lead digital assets strategy, build a multi-year roadmap, and run enterprise execution across Vanguard’s wealth business. Two years earlier, the same firm refused to list spot Bitcoin ETFs and pulled Bitcoin futures products from its brokerage platform once the SEC approved the category in January 2024. Related Reading Vanguard CEO says Bitcoin ETFs do not ‘belong in a long-term portfolio’ CEO Tim Buckley said that Bitcoin ETFs do not belong at Vanguard, largely due to the associated price volatility. Mar 15, 2024 · Mike Dalton That shift lands inside the world’s second-largest asset manager, which said it oversaw about $12 trillion in assets and served over 50 million investors as of Dece