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The administration of U.S. President Donald Trump is reportedly planning to temporarily suspend the application of the Jones Act to stabilize oil prices. According to Walter Bloomberg on the 12th (local time), the Trump administration is considering
Crypto company Ripple is reported to have launched a share buyback program. According to Bloomberg on the 11th (local time), Ripple plans to repurchase shares worth up to $750 million from investors and employees. Under the buyback program, the bench
The three major U.S. stock indexes ended the session mixed. The Nasdaq Composite rose 0.08% from the previous day on the 12th to 22,716.14. The Dow Jones Industrial Average fell 0.61% to 47,417.27, while the S&P 500 slipped 0.09% to 6,775.17 at the c
Iran said whether a ceasefire is possible depends on whether the United States and Israel commit to refraining from any additional attacks going forward. According to Walter Bloomberg on the 11th (local time), Iranian authorities argued that a ceasef
The U.S. Federal Bureau of Investigation (FBI) has reportedly issued a warning to California law enforcement that Iran could be capable of carrying out drone attacks along the U.S. West Coast. According to Walter Bloomberg on the 11th (local time), t
The three major U.S. stock indexes are trading lower. The Nasdaq Composite was down 0.10% from the previous session at 22,674.46 points as of 03:46 on the 12th. The Dow Jones Industrial Average was down 0.74% at 47,354.93, while the S&P 500 was off 0
A settlement between the U.S. Securities and Exchange Commission (SEC) and Justin Sun, founder of Tron (TRX), has drawn criticism for being inconsistent with the current U.S. government’s approach to regulating virtual assets (cryptocurrencies). Acco
Mati Greenspan, founder of Quantum Economics, pushed back against forecasts that Bitcoin (BTC) could fall to $10,000, arguing the scenario is unlikely. According to CoinDesk, a cryptocurrency-focused outlet, on the 11th (local time), Greenspan said B
Bitcoin (BTC) briefly recovered the $71,000 level. As of 02:23 on the 12th, BTC was trading at $71,002.18, down 0.36% from the previous day, on the Binance Tether (USDT) market.
The U.S. Federal Deposit Insurance Corp. (FDIC) is moving to clarify rules that exclude stablecoins from coverage under deposit insurance. According to crypto-focused media outlet CoinDesk on the 11th (local time), FDIC Chair Travis Hill said that un
An analysis has found that spot trading volume for the top crypto assets by market capitalization has continued to decline since February this year. On the 11th (local time), on-chain analytics firm Glassnode said, based on on-chain data, that spot t
Bets are increasing in the Bitcoin (BTC) options market that the price will reclaim $80,000. According to The Block, a digital-asset focused media outlet, Bitcoin has recently been oscillating around $70,000 and is gradually regaining stability after
An analysis has suggested that the valuation of related companies could rise as Bitcoin (BTC) mining firms pivot into the artificial intelligence (AI) infrastructure business. According to The Block, a digital asset (cryptocurrency) news outlet, on t
Binance.US, the U.S. unit of global crypto exchange Binance, has appointed a compliance specialist as its new chief executive officer (CEO). According to crypto-focused media outlet CoinDesk on the 11th (local time), Binance.US named Stephen Gregory
Samson Mow, CEO of Bitcoin-focused technology firm Jan3, said Bitcoin (BTC) is likely to approach the $100,000 level within the next four weeks. On the 11th (local time), Mow wrote on his X (formerly Twitter) that "there’s a very high likelihood Bitc
The U.S. military has reportedly acknowledged preliminary findings that a missile strike on an Iranian elementary school was a misfire. According to Walter Bloomberg on the 11th (local time), the U.S. military confirmed in its preliminary review that
U.S. Central Command (USCENTCOM) issued a warning to civilians to refrain from approaching areas near port facilities in Iran. According to Walter Bloomberg on the 11th (local time), USCENTCOM advised civilians to avoid areas around ports and navy-re
The three major U.S. stock indexes closed mixed. The Nasdaq Composite rose 0.01% from the previous session on the 11th to 22,697.10. The Dow Jones Industrial Average fell 0.07% to 47,706.51, while the S&P 500 declined 0.21% to 6,781.52.
US President Donald Trump said the United States struck and completely destroyed 10 vessels that could be used to lay mines. According to Walter Bloomberg on the 10th (local time), President Trump said, "We struck 10 inactive vessels or boats that co
Multicoin Capital projected that the digital-asset (cryptocurrency) market will evolve from directly buying tokens to a structure in which tokens are earned through network contributions. According to crypto-focused media outlet CoinDesk on the 10th
Concerns have been raised that Congress should prohibit stablecoin legislation if it undermines the existing financial system. According to CoinDesk, a cryptocurrency-focused media outlet, many respondents to a survey conducted by the American Banker
U.S. President Donald Trump warned of possible military action, demanding the immediate removal of any mines that might be laid in the Strait of Hormuz. On the 10th (local time), Trump wrote on Truth Social, "There are no reports that Iran has laid m
Bitcoin (BTC) has briefly slipped below the $70,000 level. As of 03:58 on the 11th, BTC was trading at $69,943.07 on Binance’s Tether (USDT) market, up 2.27% from the previous day.
The White House said oil prices could fall if measures taken in response to Iran achieve their objectives. According to Walter Bloomberg on the 10th (local time), White House press secretary Karoline Leavitt said regarding the Iran issue that "if nat
The U.S. government has reportedly asked Israel to refrain from further attacks on Iran’s energy and oil infrastructure. According to Walter Bloomberg on the 10th (local time), the U.S. government made an informal request that Israel not carry out ad
Reports have emerged that up to 150 US troops were wounded during the course of the military clashes between the United States and Iran. According to Walter Bloomberg on the 10th (local time), two sources familiar with the matter said they understand
US intelligence has assessed that Iran is preparing to deploy naval mines in the Strait of Hormuz. On the 10th (local time), Walter Bloomberg reported that US intelligence believes Iran could lay mines in the Strait of Hormuz using small vessels. Int
Reports say that, contrary to claims that the U.S. military is escorting tankers transiting the Strait of Hormuz, no such military escort has actually taken place. According to Walter Bloomberg on the 10th (local time), it has been confirmed that the
The three major U.S. stock indexes are trading higher. As of 02:19 on the 11th, the Nasdaq Composite is up 0.83% from the previous session at 22,885.13. The Dow Jones Industrial Average is up 0.66% at 48,085.24, while the S&P 500 is up 0.63% at 6,838
Ric Edelman, a prominent investor and chairman of the Digital Assets Council, said the crypto (digital asset) industry needs to compromise to secure passage of the market-structure bill known as the CLARITY Act. According to crypto-focused outlet Coi