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Crypto News
Geopolitical Tensions in Iran Drive Global Petrol Price Increases
Rising petrol costs across the globe are linked to the ongoing conflict in Iran, which has introduced significant volatility to international oil markets.
Iranian Rial Hits Record Low Against US Dollar
The Iranian rial has depreciated to a record low of 2 million per US dollar, driven by US sanctions and inflation exceeding 40%.
US Dollar Declines Amid Fiscal Concerns and Treasury Bond Buyback Strategy
The US dollar is trading near three-month lows as market participants react to national debt levels and new Treasury bond buyback operations.
Xiaomi Unveils Xring O3 Processor Produced via TSMC 3nm Technology
Xiaomi has introduced the Xring O3 mobile processor, utilizing TSMC 3nm manufacturing to advance its proprietary silicon strategy and reduce reliance on external suppliers.
Cathie Wood Criticizes Payments Analysts Over Circle Market Assessment
ARK Invest founder Cathie Wood claims traditional analysts are underestimating the impact of Circle Internet Group on established payment networks like Visa and Mastercard.
US Treasury Expands Bond Buybacks as Gold Prices Climb
The US Treasury has announced a plan to double its liquidity-support buyback operations for long-dated bonds, a move that triggered a rise in gold prices and a decline in the dollar.
Treasury Department Finalizes Rule Exempting US Businesses from Corporate Transparency Act
The Treasury Department has finalized a rule exempting domestic companies from beneficial ownership reporting requirements, while FinCEN will delete existing data on US individuals.
Asian Tech Earnings Highlight Divergence Between AI Growth and Chinese Consumption
Asian companies are navigating a complex earnings season defined by robust demand for artificial intelligence alongside persistent weakness in Chinese consumer spending.
United States Announces New Sanctions Against Iran
Treasury Secretary Scott Bessent has declared a new phase of economic pressure on Iran, aiming to sever remaining financial ties and isolate the nation from the global economy.
Treasury Department Leads New Economic Strategy Against Iran
The Trump administration has shifted its Iran strategy from military operations to economic warfare, tasking the Treasury Department with isolating Tehran through extensive sanctions.
Palantir Technologies Expands Defense Contracting Role Under Trump Administration
Palantir Technologies has reached over $1 billion in US government contracts for fiscal year 2026, solidifying its position as a major defense contractor through significant agreements with the Pentagon.
Bitcoin Price Surges 23% Following Warnings of US Debt Crisis
Bitcoin experienced a significant weekly price increase, rising from the low $63,000 range to the upper $70,000s, as investors reacted to concerns regarding the trajectory of US federal debt.
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