US Central Command reports control over the Strait of Hormuz, ensuring safe passage for over 825 commercial vessels and 380 million barrels of crude oil since May. This stability has contributed to a nearly 40% drop in oil prices, with West Texas crude around $71, similar to last year before the Iran conflict. Meanwhile, oil production is rising in the UAE, Iraq, and the US, offsetting potential supply disruptions. The global oil market is recovering despite tensions, with Chinese demand falling due to economic slowdown, neutralizing Iran's threat to oil supply through the Strait of Hormuz.
Monero is currently priced at $431.95, showing a 21.38% increase over the past 30 days but remains 39.4% below its 12-month high of $713.07. The coin trades above key moving averages, indicating a potential uptrend, though the recovery is not complet...
The Office of the Comptroller of the Currency (OCC) has given preliminary conditional approval for World Liberty Trust Company to become a national trust bank, allowing it to issue and manage its USD1 stablecoin under federal regulation. This marks a...
World Liberty Financial, backed by the Trump family, received preliminary approval for a national bank trust charter from the Office of the Comptroller of the Currency. This approval allows the company to manage its USD1 stablecoin under federal regu...
Zcash (ZEC) surged to $795.03, surpassing its 12-month high by 8.5%, driven by a strong uptrend confirmed by high trading volume of $2.53 billion, well above its 30-day average. The coin's market cap reached $13.38 billion, ranking it 11th among cryp...
Ethereum's price jumped 31% in a week, driven mainly by a massive 1,514% increase in short liquidations averaging $131 million weekly. This forced short covering boosted trading volumes and pushed network activity higher, with base fees up 189% and f...
