US Treasury revises Iran sanctions, allows crude oil sales and dollar transactions

The waiver revocation may heighten U.S.-Iran tensions, complicating diplomatic efforts and reducing market confidence in a nuclear deal. The post US Treasury revokes Iran waiver, impacting nuclear deal talks appeared first on Crypto Briefing.

Rising airline fuel costs due to geopolitical tensions may lead to higher airfares and impact global economic stability and travel demand. The post US airline fuel costs soar to $7B in May amid Middle East tensions appeared first on Crypto Briefing.

The post Silver falls below $61 as markets await FOMC minutes appeared on BitcoinEthereumNews.com. Silver (XAG/USD) extends its decline for a second consecutive day on Tuesday, trading around $60.70 at the time of writing, down 2.21% on the day. The precious metal is giving back part of last week’s gains as investors adopt a cautious stance ahead of the release of the Federal Reserve (Fed) meeting minutes. Higher US Treasury yields continue to reduce the appeal of non-yielding assets, while the US Dollar (USD) remains broadly supported by expectations that the Fed will maintain a restrictive monetary policy. According to the CME FedWatch tool, markets largely expect the Fed to leave interest rates unchanged at its upcoming meeting, and expectations for a rate hike later this year have eased slightly following the latest US labor market data. Recent US employment indicators continue to point to a gradual slowdown in the labor market. Job growth has recently fallen short of expectations,

The high demand for US Treasury bills at nearly 4% signals a shift in investment strategies, impacting crypto's appeal amid rising opportunity costs. The post US Treasury sells $52B in 52-week bills at nearly 4%, and crypto should be paying attention appeared first on Crypto Briefing.

A Treasury-Commerce turf war has frozen the US Strategic Bitcoin Reserve, leaving 328,372 BTC worth $25 billion in limbo with no resolution date set. The post Did the US Treasury Just Pull Plug on US Strategic Bitcoin Reserve? appeared first on 99Bitcoins.

The AI investment surge risks a market correction, potentially destabilizing global economies and impacting sectors like crypto significantly. The post US Treasury warns AI boom could lead to dot-com style bust appeared first on Crypto Briefing.

The U.S. Treasury will accept philanthropic donations of publicly traded stock to fund Trump Accounts, Secretary Scott Bessent announced two days before the children’s savings program launched, with more than 6 million families already signed up. How the Stock Donation Pipeline Works The Treasury Department said it will accept large philanthropic contributions of readily tradable […]

The outcome of US-Iran talks could significantly impact global markets, influencing crypto volatility and energy prices amid geopolitical shifts. The post US and Iran set to resume nuclear talks in Pakistan on July 11, and crypto markets are watching closely appeared first on Crypto Briefing.