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Bitcoin drops over 2% amid US-Iran tensions; oil prices surge past $90 per barrel

Market News
01 Sep 2026
Blockonomi
View Source
Bearish
pluang ai news

Bitcoin fell more than 2% to around $77,161 following Iran's ballistic missile strikes in response to US military actions near Larak Island, escalating geopolitical tensions. This triggered a surge in oil prices, with Brent crude climbing above $90 per barrel. Meanwhile, US Treasury yields hit multi-year highs, adding pressure on cryptocurrencies. Despite the dip, Bitcoin futures open interest and ETF inflows suggest ongoing investor interest amid market volatility.

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Energy Fuels CEO Bhappu sells 14,375 shares to cover tax withholding.

Energy Fuels CEO Bhappu sells 14,375 shares to cover tax withholding.

Energy Fuels CEO Bhappu sold 14,375 shares of the company to cover tax withholding obligations. This transaction is a routine financial move related to tax compliance and does not indicate a change in company leadership or strategy. Investors should ...

Market News
Neutral
1 hour ago
IREN Limited price target raised to $52 with Strong Buy rating after solid Q4 2026 results and improved contract demand.

IREN Limited price target raised to $52 with Strong Buy rating after solid Q4 2026 results and improved contract demand.

IREN Limited's price target has been increased from $49 to $52 per share following strong Q4 2026 results, with a reiterated Strong Buy rating. The company has fully contracted its $4 billion 2026 annual recurring revenue target, shifting risk to exe...

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Pump.fun outpaces Hyperliquid in monthly revenue for the first time in 15 months.

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Pump.fun has surpassed Hyperliquid in monthly revenue, earning $55.9M compared to Hyperliquid's $49.6M, ending Hyperliquid's 15-month lead. Pump.fun's token surged 105% in August, outperforming Hyperliquid's 49% gain. However, Hyperliquid plans a maj...

Protocol Fundamentals
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Meridian Mining adds 195,520 new shares to London Stock Exchange, total shares now 487 million.

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Meridian Mining plc has admitted 195,520 new ordinary shares to trading on the London Stock Exchange's Main Market as of August 26, 2026. These shares were issued under the company's 2025 Omnibus Plan and rank equally with existing shares, including ...

Company Fundamentals
Neutral
4 hours ago
British man recovers £3.3M in Bitcoin lost for 12 years after exchange shutdown.

British man recovers £3.3M in Bitcoin lost for 12 years after exchange shutdown.

A British man named Chris recovered Bitcoin worth about £3.3 million that he had effectively lost for 12 years after the early exchange Intersango went offline in 2014. He originally bought Bitcoin in 2011 for £1,500 when the price was just a few pou...

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